Prestige Group

Last updated

Prestige Group
Company typePublic company
BSE:  533274
NSE:  PRESTIGE
IndustryReal estate
Founded1986
FounderRazack Sattar
Headquarters Bangalore, Karnataka, India
Area served
India
Key people
 Irfan Razack, Rezwan Razack, Noaman Razack
ProductsCommercial offices
Apartments
Shopping malls
Villas
Hotels
Golf courses
Leisure & hospitality
Retail
RevenueUS$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

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

  1. ↑ Bangalore's 'local boys': From haberdashery to real-estate giant – Business Today. 26 December 2016. Retrieved 13 October 2025.
  2. ↑ "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.
  3. ↑ "Bangalore's 'local boys': From middlemen to biggest real estate agent". Business Today. 26 December 2016. Retrieved 21 June 2022.
  4. ↑ "Annual Report 2010-2011 - Prestige Group" (PDF). Prestige Group. Retrieved 10 April 2014.
  5. ↑ "Prestige Estates Projects Ltd - Case Study" (PDF). Cyberoam. Retrieved 10 April 2014.
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