Prestige Group

When you think of modern India’s big cities, some names shine very bright, and Prestige Group is one of them. They build tall homes, smart offices, busy malls, and beautiful hotels. Prestige Group has changed how many cities look and feel. But what is Prestige Group, and how did it become so big?

What is Prestige Group?

Prestige Group is South India’s second largest real estate builder. It works in 9 states and 13 big cities across India. The company has finished more than 350 projects covering over 180 million sq. ft., and it is now building 46 million sq. ft. across 35 new projects across India.

Prestige Group started in 1986. It was founded by Razack Sattar in Bengaluru. The company builds projects in Bengaluru, Chennai, Hyderabad, Kochi, Mumbai, and Mangalore. People trust Prestige Group because it gives good quality, smart designs, and timely delivery. Prestige Group is listed on the Indian stock market as Prestige Estates Projects Ltd.

Prestige Group has very strong financial power. It holds the top CRISIL DA1+ rating and ICRA A+ rating. These ratings show that Prestige is one of the safest and strongest real estate companies in India. The company has also built over 180 million sq. ft. already and owns 728 acres of land for future projects.

The head office is in Bengaluru, Karnataka, where many famous Prestige projects are located.

Prestige Group works in many areas like homes, offices, malls, hotels, and warehouses. It created famous places like The Forum Malls, Prestige Golfshire Resort, and big townships like The Prestige City.

History and How It Came to Be

The story started in 1986 when Mr. Razack Sattar founded the company. He first ran a small retail business. Later, he moved into real estate and created his first project called Prestige Court on KH Road in Bengaluru.

This was their first ever home project, and it showed their strong beginning in the city.

Prestige Group grew fast because of the efforts of its sons, Irfan Razack, Rezwan Razack, and Noaman Razack. They built the company step by step and made it a top real estate brand in India.

Today, the Razack Family Trust leads Prestige Group with family values and strong management.

Under the company’s new plan called Prestige 2.0, top industry experts like Incia Bagasrawala Gupte, an expert with more than 25 years of experience, have joined the team. This shows the company’s next big chapter of growth.

The Leadership Behind Prestige Group

• Irfan Razack – Chairman & Managing Director
• Rezwan Razack – Joint Managing Director
• Noaman Razack – Whole time Director

Net Worth of the Leadership (2025)

• Irfan Razack Net Worth: $180 million USD
• Rezwan Razack Net Worth: $180 million USD
• Noaman Razack Net Worth: $180 million USD

Overall Prestige Group Net Worth (May 2025)

₹725.26 billion

In May 2025, Prestige Group announced a new IPO and also shared plans to buy a hotel worth ₹614 crore. The company’s share price touched a record high of ₹2,025.50 on June 24, 2024.

Board of Directors

• Irfan Razack
• Rezwan Razack
• Noaman Razack
• Uzma Irfan
• Jagdeesh K Reddy
• Dr. Pangal Ranganath Nayak
• Neelam Chhiber
• S N Nagendra
• Ravindra Munishwar Mehta
• T. Srikanth Bhagavath

CEOs for Specific Business Divisions

• Jagdeep Singh Marwaha – Office Ventures
• Tariq Ahmed – West India Operations
• Muhammad Ali – Retail Business
• Javed Shafiq Rao – Property Management

Chief Financial Officer

Amit Mor

Executive Directors Team

• Faiz Rezwan
• Zackria Hashim
• Zaid Sadiq
• Anjum Jung
• Zayd Noaman
• Sana Rezwan
• Nayeem Noor
• Nawabzada Omer Bin Jung
• V Gopal
• Suresh Singaravelu
• T. Arvind Pai
• Swaroop Anish
• It Col Milan Khurana Retd

Prestige Group’s Projects and Cities

Prestige Group builds homes, offices, malls, hotels, and more. By 2025, Prestige will be active in many major cities like Bengaluru, Hyderabad, Mumbai, Pune, Kochi, Chennai, Goa, and Delhi-NCR.

Prestige Group recently bought 102 acres of land for new housing projects worth ₹20,000 crore.

• Bengaluru
• Hyderabad
• Chennai
• Mumbai
• Kochi
• Goa
• Mangalore
• Calicut
• Pune
• Noida
• Ooty
• Kolar
• Delhi-NCR

Notable Projects and Landmarks

Top Residential Projects

• Prestige Shantiniketan
• Prestige Falcon City
• Prestige High Fields
• Prestige Jindal City
• The Prestige City (Bangalore & Hyderabad)
• Prestige Ferns Residency
• Prestige Finsbury Park
• Prestige Palms
• Prestige White Meadows
• Prestige Kingfisher Towers
• Prestige Golden Grove

Commercial and Tech Parks

• Prestige Tech Park (all phases)
• Oracle India Velocity Block
• Prestige Electra Tech Park
• Prestige Tech Cloud
• Prestige Cessna Business Park
• Prestige Trade Tower
• Prestige Cyber Towers
• Prestige Central

Retail and Hospitality

• Forum Falcon City Mall
• UB City – The Collection
• JW Marriott Bengaluru

Prestige Estates Projects Ltd.

• Incorporation: June 4, 1997
• Listing: October 27, 2010
• BSE Code: 533274
• NSE Code: PRESTIGE

Prestige Share Price (July 16, 2025)

In BSE ₹1,714.25 and In NSE ₹1,718.00.

Revenue (Fiscal Year Ending 2025)

Quarter ended 30th June 2025: ₹12126.4 Crores

March 2025: ₹7349.4 Crores

Frequently Asked Questions

1. Who is the owner of Prestige Group? — Irfan Razack, along with his brothers Rezwan and Noaman Razack.
2. What is the Prestige Group logo? — A phoenix bird, showing strength and trust.
3. Who is the CEO? — Irfan Razack.
4. Is investing in Prestige good? — Yes, Prestige homes are safe, high quality, and grow in value.
5. Does Prestige follow sustainability? — Yes. Prestige uses solar power, water saving systems, and green building ideas.