Prestige Group
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Company type | Public |
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BSE: 533274 NSE: PRESTIGE | |
Industry | Real estate |
Founded | 1986 |
Founder | Razack Sattar |
Headquarters | Bangalore, Karnataka, India |
Area served | India |
Key people | Irfan Razack, Rezwan Razack, Noaman Razack |
Products | Commercial offices Apartments Shopping malls Villas Hotels Golf courses Leisure & hospitality Retail |
Revenue | US$1.2 billion |
Number of employees | 9850+[citation needed] |
Website | prestigeconstructions.com |
Prestige Group is an Indian real estate development company headquartered in Bangalore.[1] Founded by Razack Sattar in 1986, Prestige has developed residential colonies and commercial spaces in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR.[2]
Notable projects include Prestige Shantiniketan, UB City, Prestige Golfshire, Prestige Acropolis, The Forum, The Forum Value, The Forum Vijaya, The Celebration Mall, Prestige Lakeside Habitat, and Prestige Kingfisher Towers.
History
[edit]Prestige Group was founded by Razack Sattar, a Kutchi Memon.[3] During the 1960s and late 1970s his sons Irfan Razack and Rezwan Razack worked with him, and his youngest son Noaman Razack also joined when the business grew.[4] It began as a retail business, but moved to real estate with its first project, Prestige Court, at KH Road in Bangalore in 1985.[5]
References
[edit]- ^ Bangalore's 'local boys': From haberdashery to real-estate giant – Business Today. 26 December 2016. Retrieved 13 October 2025.
- ^ "Prestige Group expanding its mall portfolio with new properties in Mumbai and Delhi-NCR". Hindustan Times. 5 February 2025. Archived from the original on 9 February 2025. Retrieved 17 July 2025.
- ^ "Bangalore's 'local boys': From middlemen to biggest real estate agent". Business Today. 26 December 2016. Retrieved 21 June 2022.
- ^ "Annual Report 2010-2011 - Prestige Group" (PDF). Prestige Group. Retrieved 10 April 2014.
- ^ "Prestige Estates Projects Ltd - Case Study" (PDF). Cyberoam. Retrieved 10 April 2014.