Prestige Group

Featured Image of Prestige Group


Prestige Group is a Bengaluru based real estate builder. It began work back in 1986. Irfan Razack started the business with his brothers Rezwan and Noaman. By March 2026, the group had delivered over 300 projects. These projects cover more than 200 million square feet in total. Its work spans homes, offices, malls, hotels, and large townships. The listed company behind the group is Prestige Estates Projects Limited. It trades on both the NSE and the BSE under the ticker PRESTIGE.

Prestige Group is also active across the North Bangalore belt. Projects such as in Devanahalli form part of this pipeline. Before booking with any builder, a clear company check helps a lot. It shows who stands behind a project. It also shows how much the group has already built and how strong its current business is.

Prestige Group Key Facts 2026


Detail Information
Founded 1986
Base Bengaluru
Chairman and Managing Director Irfan Razack
Listed Company Prestige Estates Projects Limited
Projects Delivered 300 plus
Main Businesses Residential, offices, retail, hospitality, property services
NSE Symbol PRESTIGE
BSE Code 533274
Share Price (Aug 2026) Around ₹1,588
Market Cap Around ₹70,252 crore

Prestige Estates Projects Limited files regular updates with the stock exchanges. These filings cover sales figures, launches, and project completions. Buyers do not need to rely only on brochures or sales pitches.

Prestige Group History


Prestige Group started as a small family business in Bengaluru. Irfan Razack's father first ran a fabric shop under the family name. Irfan Razack then moved the family into real estate in 1986. He worked closely with his younger brothers Rezwan and Noaman from the start. Over the next few decades, the group grew fast. It moved from a local Bengaluru builder into one of India's larger listed developers. The group later expanded into Hyderabad, Mumbai, Chennai, Kochi, and the Delhi NCR region. Even so, Bengaluru stayed its true home base throughout this growth.

The company went public in 2010. This step gave it access to public capital. It also brought stronger reporting rules for the business. Since then, the group has shared quarterly results and sales updates. Any buyer can check these figures on their own.

Who Owns and Leads Prestige Group?


Irfan Razack serves as Chairman and Managing Director of Prestige Group. He holds the top leadership role at the company today. His brother Rezwan Razack works as Joint Managing Director. Another brother, Noaman Razack, sits on the board as a director. The three brothers have run this business together since day one. This gives the group a fairly steady leadership team. Many newer developers still lack this kind of long term stability. Irfan Razack also acts as the public face of the group. He leads most investor calls and major project launches.

Prestige Group Business Segments


Prestige Group works across many property types, not just flats. Its main lines cover housing, office space, retail malls, and hotels. Property management services add a fifth line to this list. This spread gives the group more than one steady source of income. A slow patch in one segment rarely hurts the full business.

The group's office arm often leases out large amounts of space each quarter. Its malls draw big crowds and post strong sales figures too. The hotel arm runs branded properties across a few major cities. Together, these units add steady income beyond the core housing business.

Prestige Group Projects in Bangalore


Bengaluru remains the group's most important city by both scale and sales. The company runs large housing projects across many parts of the city. These include Whitefield, Kanakapura Road, and the fast growing Devanahalli belt.

  • Prestige Falcon City covers 41 acres and around 2,520 homes on Kanakapura Road.
  • Prestige Park Grove spans 71.41 acres with close to 3,713 homes in Whitefield.
  • Prestige Raintree Park runs across 21 acres with about 1,520 homes in Whitefield.
  • Prestige KIADB sits on 32.26 acres in Devanahalli, with around 1,800 planned homes and a business park.

These figures paint a clearer picture than a plain claim of being big. They show the real size and spread of Prestige's work.

Prestige Group Performance in 2026


Prestige began FY27 with strong home sales in the April to June quarter. Hyderabad led the sales chart during this period. Bengaluru, Mumbai, and the Delhi NCR region followed close behind. The group also launched fresh projects within the same quarter. These new launches added a large chunk of space to its pipeline.

A few older projects reached full completion in this same window too. These figures do not promise that every future project will land on time. They do show the current pace at which Prestige builds, sells, and hands over homes.

Prestige Group and Prestige KIADB


Prestige KIADB forms part of the group's active North Bangalore pipeline. The project sits inside KIADB Phase 2, close to Devanahalli. It spans 32.26 acres and plans close to 1,800 homes across nine towers. A dedicated business park sits on the same site as well. Buyers can pick from 1, 2, and 3 BHK homes here. These homes range from 550 to 1,800 square feet in size. Pre launch prices start from 74 lakhs for the smallest units.

The wider builder profile still matters a great deal here. Prestige Group's long Bengaluru record gives buyers a strong starting point. Its public filings add another layer of proof. Buyers should still check the exact RERA status for Prestige KIADB. Floor plans and payment terms need a close look too, before any booking.

Prestige Group Careers


Prestige Group hires often across construction, sales, design, and finance roles. Corporate jobs open up too as new projects join the pipeline. Most openings appear on the group's own careers page. Many roles also get listed on major job portals across India. The company hires both fresh graduates and seasoned professionals for these roles. Given its current project load, hiring should stay active through 2026.

Prestige Group Rating and ESG Record


Prestige Group holds a CRISIL DA1 developer rating. This ranks among the higher ratings given to Indian real estate firms. The group has also posted strong scores on global sustainability checks in recent years. These scores reflect its work on environment and governance across projects. Such ratings sit at the company level only. They do not promise fixed returns or a set possession date for any single home.

Top 5 Builders in Bangalore


Buyers often compare Prestige Group with a few other major city builders. Scale, listing status, and project spread usually drive this comparison.

Builder Known For
Prestige Group Large mixed use projects, listed company, strong city presence
Sobha Limited High end flats, in house build quality
Brigade Group Homes, offices, and hotels across South India
Puravankara Long standing Bengaluru builder with a wide price range
Godrej Properties National developer with a growing city portfolio

Each builder here carries its own track record and price band. A quick side by side check helps buyers judge value before they book.

FAQs


1. What is Prestige Group Company?

Prestige Group is a Bengaluru based builder founded in 1986. It builds homes, offices, and malls through its listed arm, Prestige Estates Projects Limited.

2. Who owns and leads Prestige Group?

Irfan Razack leads the group as Chairman and Managing Director. His brothers Rezwan and Noaman Razack also hold senior board roles.

3. Who is the son of the owner of Prestige Group?

Company records show the group led by Irfan Razack and his brothers. No son currently holds a listed board or leadership role there.

4. What is Prestige Group's share price and net worth in 2026?

Prestige Estates Projects Limited traded near ₹1,588 in August 2026. Its market cap sat close to ₹70,252 crore. Forbes placed the Razack family fortune near 5 billion dollars.

5. Who are the top 5 builders in Bangalore?

Prestige Group, Sobha Limited, and Brigade Group rank among the top names. Puravankara and Godrej Properties round out this list.

6. Is Prestige Group the developer behind Prestige KIADB?

Yes. Prestige KIADB in Devanahalli is part of Prestige Group's current North Bangalore project pipeline.

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