Prestige Group
Prestige Group is one of India’s leading real estate developers, headquartered in Bengaluru. The company works across residential, commercial, retail, hospitality and mixed-use projects. Prestige Estates Projects Limited recorded its highest-ever FY26 sales of ₹30,024.5 crore, with strong demand across Bengaluru, NCR, Mumbai and other markets. Prestige Group is a name that defines luxury in India. Started in 1986, this company changed the face of Bangalore. Today, it is not just a city builder. It is a national giant. The group is known for large townships, premium apartments, office parks, malls, hotels and mixed-use developments. Buyers search for Prestige Group because they want to know about the company’s projects, founder, leadership, latest launches, share listing, awards, financial strength and new projects in Bangalore, Hyderabad, Mumbai, Chennai and NCR.
Prestige Group Latest News 2026
- Updated July 2026: Prestige Group acquired a 2.35-acre land parcel in Mulund West, Mumbai, for ₹110.75 crore. This shows the group's continued focus on Mumbai as one of its key growth markets.
- Updated July 2026: HSBC entered into an agreement to pre-lease over 1.2 million sq. ft. of office space at Prestige Group's under-construction commercial tower on Bengaluru's Outer Ring Road. The deal is one of the major office leasing updates for Prestige Group in 2026.
- Updated FY26: Prestige Estates Projects Limited reported record annual sales of ₹30,024.5 crore, collections of ₹18,514.6 crore, revenue of ₹13,195.5 crore and net profit of ₹1,311.9 crore. This is important because it shows strong buyer demand and better business performance.
Prestige Group Overview
Prestige Group is the brand name used for Prestige Estates Projects Limited and its real estate businesses. The company has a strong base in Bengaluru and has expanded into other major Indian cities. It develops apartments, villas, plots, office spaces, malls, hotels and integrated townships.
Prestige Group History
The story of Prestige is unique. It did not start with buildings. It started with a fabric shop. Prestige Estates and Properties started operations as a partnership firm on 1 April 1986. It later became Prestige Estates Projects Private Limited in 1997 and then Prestige Estates Projects Limited before listing.
The group’s growth came from Bengaluru first. Over time, Prestige Group moved from local real estate development into large residential townships, commercial spaces, retail malls and hospitality assets.
Who Founded Prestige Group?
The group was founded by the late Razack Sattar in 1956 as a retail business. In 1986, his sons—Irfan Razack, Rezwan Razack, and Noaman Razack—moved into real estate. They formed Prestige Estates Projects Ltd.
For this page, keep the real estate founding year as 1986. The safer wording is: Prestige Group’s real estate journey began in 1986 under the Razack family, with Irfan Razack playing a key leadership role in building the company into a national real estate brand.
Prestige Group Leadership
Mr. Irfan Razack is the Chairman and Managing Director of Prestige Group. He is one of the main faces of the company and has led the group’s growth across residential, office, retail and mixed-use real estate.
Prestige Group is also supported by professional leadership teams across residential, office, retail and hospitality businesses. This structure helps the company manage large projects across multiple cities.
Prestige Group Business Segments
Prestige Group is not only a residential builder. It works across five major real estate segments.
- Residential: Apartments, villas, plots and large townships.
- Commercial: Office parks, business towers and Grade A office spaces.
- Retail: Forum malls and shopping centres.
- Hospitality: Hotels, serviced residences and hospitality assets.
- Mixed-use: Large projects with homes, offices, malls and hospitality in one development.
This wide business mix gives Prestige Group stronger brand value because it is active in many parts of real estate, not only one category.
Prestige Group CRISIL Rating
Prestige Estates Projects Limited holds CRISIL DA1+ developer grading. CRISIL says this grading checks a developer’s track record, organisational strength and financial strength. It also looks at the developer’s ability to execute projects and transfer clear title within the schedule.
This rating is important for buyers because it gives an independent view of developer strength. Still, buyers should check each project separately for RERA approval, legal status, cost sheet and possession date before booking.
Prestige Group Projects
Prestige Group has projects across many real estate categories. Its portfolio includes premium apartments, plotted developments, villas, office parks, malls, hotels and integrated townships. The company’s FY26 operational update showed strong sales across Bengaluru, NCR, Mumbai and other markets.
Buyers usually search Prestige Group projects by city. The most searched project markets are Bengaluru, Hyderabad, Mumbai, Chennai, Kochi and NCR. Bengaluru remains the home market, while Mumbai and NCR are becoming major growth areas.
Prestige Group Bangalore
Bangalore is the heart of the company. Prestige Group Bangalore has delivered many landmark projects here.
Prestige Group Bangalore projects include apartments, townships, office parks, malls and mixed-use developments. Bengaluru remained the largest contributor to FY26 sales mix at 34%, followed by NCR at 33% and Mumbai at 20%.
Important Prestige projects in Bangalore include Prestige Raintree Park, Prestige Evergreen, Prestige Southern Star, Prestige Falcon City, Prestige Falcon City Luxe, Prestige Park Grove, Prestige Lakeside Habitat and several commercial and retail developments.
Prestige Group Upcoming Projects in Bangalore
Prestige Bangalore Upcoming Projects Buyers are eagerly waiting for these new names. Prestige Group’s upcoming Bangalore pipeline includes residential, commercial and township projects. One of the important South Bangalore projects is Prestige Falcon City Luxe at Konanakunte on Kanakapura Road. It is planned as a premium apartment project inside the larger Prestige Falcon City township.
Prestige Group Hyderabad
The team at Prestige Constructions Hyderabad is very active.
Prestige Group Hyderabad has grown with large residential and township projects. The Prestige City Hyderabad in Rajendra Nagar is one of the major township examples. Prestige Golden Grove in Tellapur is also tracked by buyers looking for new Prestige projects near the Financial District and West Hyderabad.
Prestige Group Mumbai
Prestige Group has been expanding in Mumbai through premium housing, redevelopment, commercial projects and land acquisitions. The July 2026 Mulund land acquisition shows that Mumbai continues to be a key market for the company.
Important Prestige projects in Mumbai include The Prestige City Mulund, Prestige Ocean Towers and other projects in high-demand locations. Buyers should check MahaRERA approval, possession timeline and cost sheet before booking any Mumbai project.
Prestige Group NCR
The entry into NCR has been a hit. Prestige Group’s NCR entry is important because it shows the company is no longer only a South India-focused developer. NCR gives the group access to a large luxury housing market and helps improve its pan-India presence.
Prestige Group Financial Strength
Real estate is risky. But Prestige is financially rock solid.
Prestige Estates Projects Limited reported its highest-ever FY26 performance. The company recorded sales bookings of ₹30,024.5 crore, collections of ₹18,514.6 crore, revenue of ₹13,195.5 crore and net profit of ₹1,311.9 crore.
The company also reported total sales volume of 22.28 million sq. ft. and 11,692 units sold during FY26. This shows strong demand across its residential portfolio and launch pipeline.
Prestige Group Share Price
Prestige Estates Projects Limited is a listed company. The stock is traded on the Indian stock exchanges, and the BSE scrip code shown in company filings is 533274.
Do not add a fixed share price in this page unless it is updated daily. Share prices change every trading day. The safer SEO wording is to say that investors can check the live Prestige Estates Projects share price on NSE, BSE or trusted financial platforms.
Is Prestige Group Real or Fake?
Is Prestige Group real or fake? It is 100% real and listed on the stock exchange. They have delivered many projects.
Prestige Group is a real and listed real estate company. It operates under Prestige Estates Projects Limited and has official stock-exchange filings, investor updates and a registered corporate presence. Buyers should still verify the project-specific RERA number and official payment account before booking any property.
Why Buyers Choose Prestige Group
Is Prestige a good company? Here are four reasons why many families choose Prestige:
- On-Time Delivery: They are known for project execution.
- Quality: They focus on premium construction and design.
- Resale Value: A Prestige home usually has strong brand recall.
- Transparency: New projects are usually checked through RERA and official documents.
Prestige Group Awards and Recognition
They win awards every year. Recent wins include:
- FIABCI World Prix d'Excellence Awards
- CWAB Awards
- BT Mindrush awards
- Real estate and retail awards
Prestige Group has received awards across real estate, retail, commercial, hospitality and leadership categories. These awards support the brand’s reputation, but buyers should not depend only on awards. They should also check project documents, RERA status, price sheet and possession timeline.
Prestige Group and Prestige Falcon City Luxe
Prestige Falcon City Luxe is one of the project connections for this Prestige Group page. It is an upcoming Prestige Group apartment project on Kanakapura Road, Konanakunte, South Bangalore. It offers 2, 3 and 4 BHK apartments inside the larger Prestige Falcon City township.
FAQs
1. What is Prestige Group?
Prestige Group is a major Indian real estate developer based in Bengaluru, developing residential, commercial, retail, hospitality and mixed-use projects across major cities.
2. Who is the founder of Prestige Group?
Prestige Group's real estate journey began in 1986 under the Razack family, with Irfan Razack playing a key role in building Prestige Estates Projects into a major real estate company.
3. Who is the Chairman of Prestige Group?
Mr. Irfan Razack is the Chairman and Managing Director of Prestige Group.
4. Is Prestige Group a listed company?
Yes, Prestige Estates Projects Limited is a listed company, with a BSE scrip code of 533274 as shown in company filings.
5. What is Prestige Group known for?
Prestige Group is known for apartments, villas, townships, office parks, malls, hotels and mixed-use developments.
6. What is the latest financial update of Prestige Group?
Prestige Estates Projects reported FY26 sales bookings of around ₹30,024.5 crore, collections of around ₹18,514.6 crore and net profit of around ₹1,311.9 crore. Buyers can verify current figures in the company's latest investor filings.
7. Does Prestige Group have a CRISIL rating?
Yes, Prestige Estates Projects Limited holds a CRISIL DA1+ developer grading. Buyers can verify the current grading directly with CRISIL.
8. Which cities does Prestige Group operate in?
Prestige Group has a strong presence in Bengaluru and has expanded into Mumbai, Hyderabad, Chennai, NCR and other key Indian real estate markets.
9. Which Prestige project is coming up in South Bangalore?
Prestige Falcon City Luxe is an upcoming Prestige Group project in South Bangalore, located at Konanakunte on Kanakapura Road.
10. Is Prestige Group good for buying a home?
Prestige Group is a well-established real estate brand, but buyers should always check the specific project's RERA approval, legal status, cost sheet, possession timeline and payment terms before booking.
