Prestige Group

Prestige Group is one of India’s leading real estate developers, founded in Bengaluru in 1986. The listed company, officially called Prestige Estates Projects Limited, develops residential projects, offices, malls, hotels and integrated townships. As of December 2025, the group had completed 313 projects covering 206 million sq. ft. and had 128 projects covering 195 million sq. ft. in its development pipeline.

Prestige Group recorded its highest-ever annual sales of ₹30,024.5 Cr in FY26. It sold 11,692 units across 22.28 million sq. ft. and collected ₹18,514.6 Cr during the year. The company is headquartered at Prestige Falcon Tower, Brunton Road, Bengaluru, and its shares trade under the NSE symbol PRESTIGE and BSE code 533274.

Prestige Group Quick Facts

Founder, Owner and Leadership

Prestige Group was founded in Bengaluru in 1986. The business has its roots in the Razack family and was built into a major real estate company under Irfan Razack with his brothers Rezwan Razack and Noaman Razack.

Irfan Razack is the Chairman and Managing Director of Prestige Group. Rezwan Razack is the Joint Managing Director, while Noaman Razack is the Whole-time Director. Their official roles are more accurate than calling one person the Prestige Group CEO.

Prestige Estates Projects Limited is a publicly listed company. This means Prestige Group is not owned only by one person. The promoter family and public shareholders hold ownership in the company through shares.

Prestige Group Latest Update 2026

Prestige Group closed 2026 with record business performance. Its annual sales rose by 76% to ₹30,024.5 Cr. The company sold 22.28 million sq. ft., compared with a lower sales volume in the previous financial year.

The main FY26 updates are:

• Annual sales – ₹30,024.5 Cr
• Collections – ₹18,514.6 Cr
• Units sold – 11,692
• Area sold – 22.28 million sq. ft.
• New project launches – 31.84 million sq. ft.
• Area delivered – 18.22 million sq. ft.
• New business pipeline added – More than ₹50,000 Cr estimated GDV
• Office leasing – 4.47 million sq. ft.
• Office occupancy – Above 90% during FY26
• Retail occupancy – Around 99%

The new development pipeline is spread across Bengaluru, Mumbai, NCR, Hyderabad and Chennai. This shows that Prestige is moving from a mainly Bengaluru-based developer to a wider national real estate brand.

Prestige Group Business Segments

Residential

The residential business includes apartments, villas, plotted developments and large integrated townships. These projects range from mid-segment housing to luxury homes.

Commercial

The commercial portfolio includes business parks, office buildings, technology parks and mixed-use developments. The group recorded 4.47 million sq. ft. of office leasing during FY26.

Retail

Prestige Group has developed shopping malls under the Forum brand. Its retail portfolio recorded around 99% occupancy during FY26, showing strong demand from retailers and visitors.

Hospitality

The hospitality business includes luxury hotels, resorts and serviced developments. This segment is also being expanded through new mixed-use projects in major cities.

Key Prestige Group Projects

Prestige Group is famous for its landmark projects in Bangalore, including UB City, Prestige Shantiniketan, The Forum malls, and Prestige Golfshire. Each of these projects has become a landmark in the city.

Other well-known Prestige Group projects include Prestige Lakeside Habitat, Prestige Falcon City, Kingfisher Towers, Prestige High Fields, The Prestige City developments and several large office and retail projects.

The project portfolio shows that the company works across homes, offices, shopping malls, hotels and large townships instead of depending on only one real estate segment.

Prestige Group Bangalore

Bengaluru remains the main market and headquarters of Prestige Group. The company started its real estate journey in the city and has developed apartments, villas, tech parks, malls, hotels and mixed-use projects across major Bengaluru locations.

Prestige Falcon Tower on Brunton Road is the registered office of Prestige Estates Projects Limited. Bengaluru also contributed 34% of the company’s total FY26 sales.

Prestige Group Presence in India

The Prestige Group Bangalore presence is still the strongest, but its footprint in other cities continues to grow every year.

The company now has projects or offices in major markets such as:

• Bengaluru
• Hyderabad
• Mumbai
• Chennai
• Delhi NCR
• Kochi
• Mangaluru
• Goa

It also has a representative office in Dubai. Its national growth is supported by new residential, office, retail and hospitality projects across these markets.

Prestige Group Hyderabad

Prestige Group has an active residential and commercial presence in Hyderabad. Its Hyderabad office is located at Prestige Sky Tech on ISB Road, Nanakramguda, close to the Financial District.

The group has developed projects in Hyderabad’s main growth corridors, including Gachibowli, Kokapet, Nanakramguda, Rajendra Nagar and other parts of the city. Its Hyderabad portfolio includes homes, office developments and large township projects. Prestige Imperial Park is one of its upcoming mixed-use projects in Budvel, Rajendra Nagar, South Hyderabad. The project combines apartments, a tech park and a luxury hotel within one township.

Prestige Group Financial Strength

Prestige Estates Projects Limited was incorporated on 4 June 1997 and listed on the NSE and BSE on 27 October 2010. The NSE symbol is PRESTIGE, the BSE code is 533274 and the ISIN is INE811K01011.

Prestige Group net worth should not be confused with the personal wealth of the Razack family. Company net worth, market capitalisation and promoter wealth are different figures. Market capitalisation also changes every trading day.

For buyers and investors, the latest sales, collections, profit, project pipeline, debt and credit ratings give a clearer picture of the company’s strength than an undated net-worth claim.

In FY26, Prestige recorded ₹30,024.5 Cr in sales and ₹18,514.6 Cr in collections. Its annual net profit was reported at ₹1,311.9 Cr, supported by strong housing demand and project execution.

Prestige Group Ratings

CRISIL reaffirmed its highest developer grading, DA1+, for Prestige Estates Projects Limited in April 2026. The grading reflects the company’s experience, project execution, senior management, diversified portfolio and financial position.

ICRA also reaffirmed its A+ Stable long-term rating and A1 commercial-paper rating in December 2025. Credit ratings can change, so investors should check the latest rating notice before relying on them.

Prestige Group Careers

Prestige Group also creates opportunities for jobs and growth.

Prestige Group careers cover construction, civil engineering, architecture, project management, finance, sales, marketing, customer service, hospitality and retail. Candidates can search for available jobs through the official Prestige Estates Projects Limited careers portal.

Job seekers should avoid people who ask for money in exchange for interviews or employment. Genuine vacancies should be checked through the official careers website or confirmed company channels.

Prestige Group Brand and Logo

The Prestige Group logo reflects the values of quality, trust, and excellence. Over the years, the company has used this brand identity to grow both in residential homes and large commercial complexes.

The black-and-gold Prestige logo features a falcon and the line “Add Prestige to your life.” The same brand is used across its residential, commercial, retail and hospitality businesses.

Is Prestige Group the Same as TTK Prestige?

No. Prestige Group and TTK Prestige are different companies. Prestige Group is a real estate developer operating as Prestige Estates Projects Limited. TTK Prestige is a separate company that sells kitchen appliances and cookware.

This difference is important because online searches for “Prestige company” or “Prestige share” may show results for both businesses.

Prestige Group Fraud Alert

Prestige Group has warned customers about fake investment schemes using its name and promising high or guaranteed property returns. Buyers should verify every project, offer, payment account and salesperson through the official company website and approved project documents.

Money should not be transferred to personal accounts or unverified agents. Project approvals, RERA details and payment instructions must be checked before making a booking.

Prestige Imperial Park by Prestige Group

Prestige Group's pre-launch flagship in this corridor is Prestige Imperial Park — a 10-acre mixed-use township in Budvel, Rajendra Nagar with 1,050 premium 2, 3, and 4 BHK apartments, an on-site 500,000 sq. ft. tech park, and a 350-key 5-star hotel.

The project is planned for launch on 15 December 2026, with possession scheduled for 31 December 2031. Its HMDA layout is approved, while TS RERA registration has been applied for and is pending.

Conclusion

Prestige Group has grown from a Bengaluru real estate business into a listed national developer working across residential, commercial, retail and hospitality projects. Its scale includes 313 completed projects, 206 million sq. ft. delivered and a pipeline of 128 projects covering 195 million sq. ft.

Record FY26 sales of ₹30,024.5 Cr, expansion into major Indian cities and a diversified project portfolio show the current size of the company. Buyers should still check project- specific approvals, RERA registration, cost sheets and agreements before purchasing any Prestige property.