This article needs additional citations for verification .(February 2016) |
Company type | Public |
---|---|
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 | 3,000+[ citation needed ] |
Website | prestigeconstructions.com |
Prestige Group is an Indian property development company in based in Bangalore. [1] [2] Founded by Razack Sattar in 1986, Prestige has developed residential colonies and commercial spaces in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Mysore. Notable projects include Prestige Shantiniketan, [3] UB City, Prestige Golfshire, Prestige Acropolis, The Forum, [4] The Forum Value, The Forum Vijaya, [5] and The Celebration Mall. [6]
Prestige Group was founded by Razack Sattar who is a Kutchi Memon. [7] During the 1960s and late 1970s his sons Irfan Razack and Rezwan Razack worked with him, and his youngest son Noaman Razzack also joined when the business grew. [8] It began as a retail business, but moved to real estate with its first project Prestige Court at KH road, Bangalore. [9] [10] The company is ISO 9001:2008 certified. [11] To date, Prestige Group has completed 192 Projects spanning to an extent of 64 million sqft. [12]
Whitefield is a suburb of Bangalore in the state of Karnataka, India. Established in 1882 as a settlement for the Eurasians and Anglo Indians of Bangalore, Whitefield remained a quaint little settlement at the eastern periphery of Bangalore city till the late 1990s when the local IT boom turned it into a major suburb. It is now a major part of Greater Bangalore. Whitefield is Bengaluru's first tech corridor to be connected by Namma Metro.
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Irfan Razack is an Indian billionaire entrepreneur from Bangalore. He is the Chairman and Managing Director of Prestige Group, one of the reputed property developers in India. According to 2014 Forbes India Rich List, he was the 77th wealthiest Indian, with a personal wealth of $1.23 billion, and Prestige was the second largest listed property firm in India.
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