Prestige Group

Prestige Group is one of India’s top 5th and Karnataka's top 1st ranking RERA approved real estate firms founded by Razack Sattar in 1986. The company is famous for its high-quality buildings and timely project completion. It has completed 300 projects in different parts of India with 4361 acres of huge land area. With experience in all areas of real estate, Prestige Group is committed to creating more luxury projects with new features to meet the needs of buyers. Its current net worth is 6 billion dollars and will rise in the future.

Prestige Group's latest news :

The latest announcement of the prestige group on April 28 2025, is the upcoming Initial Public Offering (IPO) will offer new shares worth up to ₹2,700 crore, with each share having a face value of ₹5. Additionally, there will be an offer for the sale of existing shares worth up to ₹1,000 crores, with each share priced at ₹5, also within planning to buy the hotel worth ₹614 crore.

The Prestige Group announced new residential projects in the fourth quarter of FY25, with a total value of ₹16,133.8 crore. These projects are spread across major cities like Bengaluru, Mumbai, and Hyderabad, covering 14.03 million square feet and offering 4,548 units, producing many firsts and driving important changes in South India.

As of April 2025, Prestige Group, one of India's leading real estate companies, has an estimated net worth of approximately ₹108,678 crore, which is also the net worth of the Prestige Group owner Irfan Razack's net worth in rupees, almost 13 billion dollars in USD. The current share price target of the Prestige Group for April 2025 is Rs 1,320.10, which is almost a 4.32 % hike in the share price of the Prestige Group in April 2025 month. It can be tracked since FY 2007 with the Prestige Group share price screener. Aa, the maximum Prestige Group share reached up to Rs 2025.50 on June 24, 2024. The least-ever share price is 57.55 INR, reached on December 19, 2011.

Growth and net worth of Prestige Group :

As of April 2025, Prestige Group, one of India's leading real estate companies, has an estimated net worth of approximately ₹108,678 crore, which is also the net worth of the Prestige Group owner Irfan Razack's net worth in rupees, almost 13 billion dollars in USD. The current share price target of the Prestige Group for April 2025 is Rs 1,320.10, which is almost a 4.32 % hike in the share price of the Prestige Group in April 2025 a month. As per the news o from April 29, 2025, Irfan Razack is ranked among the 2287 ranking in the world's top billionaires and India 49 the highest richest person.

Prestige Group Current Operational Status

The Prestig Group is currently working on 58 projects, with 48 more planned for the future, covering over 190 million sq. ft. across the country. In Bangalore, there are 20 completed residential projects and 17 ongoing projects. These ongoing projects are expected to be completed in the coming years. There are 37 high-quality residential projects set to launch in Bangalore in the FY 2025.

History of Prestige Constructions

Prestige Group has built a 38-year legacy and is now the top property developer in South India. Here are some key points about the company's growth and history:

Started in 1986, Prestige Constructions is well-known for its quality work in real estate.

The company has developed many residential, commercial, retail, leisure, and hospitality projects in major cities across India.

Prestige Group Owner and Logo

Mr. Irfan Razack, the Managing Director and CEO, owns the premium Prestige Group. His brothers, Rezwan Razack and Noaman Razack, also helped lead the company. Mr. Irfan Razack is known for his strong business skills and high ethical standards. As a visionary and a respected leader in real estate, he drives the company's success by turning his ideas into reality. Thanks to his leadership, Prestige is the only developer in India with a top CRISIL DA1 rating and has also earned strong financial ratings of A+ and A1+ from ICRA.

Prestige Group’s logo features a 'phoenix bird,' which represents strength, power, and loyalty. The tagline, "Adds Prestige to your life," is written below the logo, and the company truly lives up to it.

Prestige Constructions' Subsidiaries

Over time, Prestige Group has expanded into many different services led by skilled leaders. It offers a variety of services in South India, including MDC - the interior design hub and men's formal wear through Prestige Fashions (P) Ltd. It is the only developer in South India with such a wide range of projects.

Some of the Subsidiaries are:

Spring – Planet resourcing
Prestige – The Man Store

Prestige Group Awards and Recognition

The company has won many awards for its good and top-class work. It has been awarded for its residential projects, malls, tech parks, and SEZs, with over 200 awards for its achievements.

In the last 7 years, Prestige Group has earned numerous prestigious awards:

2024: Karnataka Rajyotsava Award to Irfan Razack, Chairman, for his exceptional contributions to real estate and retail.
2023: IHC London & IIHM Lifetime Achievement Award awarded to Irfan Razack for his leadership in the real estate sector.
2023: Best CEO in Real Estate by BT Mindrush for Irfan Razack’s visionary leadership.
2022: Best Residential Project in Ultra-Luxury Segment for Prestige Leela Residences.
2021: Best Residential Project of the Year for Prestige High Fields.
2021: Outstanding Concrete Structure of Karnataka for Prestige Song of the South.
2020: Best Real Estate Brand of the Year by ET Now.

Prestige Group Hyderabad :

Prestige Group Hyderabad is a prominent certified company which has several upcoming projects in Hyderabad launched in 2025, including Prestige Spring Heights and Prestige Imperial Park in Rajendra Nagar, both offering spacious apartments with modern amenities.

The Prestige Group Hyderabad office is a hub for project management enquiry regarding the projects and can reach them at Prestige Group Hyderabad contact number: +91-8951045001 for inquiries. The exact address Hyderabad Prestige Group office is located at Level 1 of the Merchant Towers, Rd No. 4, near Green Valley, Banjara Hills, Hyderabad – 500 034.

Prestige Group Bangalore

Prestige Group Bangalore has built trust in every area it has worked in, and all major decisions are made here. The company’s office is located at Prestige Falcon Towers, 19 Brunton Rd, Bengaluru, Karnataka 560025. The builder has launched 150 residential projects covering 127 million sq. ft. Completed townships have covered over 65 million square feet in the city’s best areas.

Bangalore is a major IT hub in India, offering many job opportunities. This has led to a large population increase due to IT firms. As the population grows, the need for homes has also risen. Major builders like Prestige have launched many top projects in the city to meet this demand. One of the top and highly reviewed upcoming projects is Prestige Gardenia Estates.

Some of the Prestige Bangalore projects 2025 are :