Prestige Group
Prestige Group is a charming, nationally recognized, and India's top real estate firm established in 1986 by Mr Razack Sattar in Bangalore. The company has 36 years of legacy, with a wide portfolio of around several sectors, especially becoming world famous in the real estate sector, being brand icon prestige estates. The company has a sustainable reputation in India, which originated from Bangalore with its headquarters. Has an ideal presence in 9 popular cities across India, namely, Bangalore, Chennai, Hyderabad, Kochi, Mangalore, Mumbai, and Goa.
Prestige Oakville is the latest project of the prestige estates in Bangalore, going to launch in July 2025. Prestige Oakville is a newly unveiled luxury apartment project by Prestige Group, coming up in the prime neighbourhood of Whitefield, Bengaluru.
The project offers spacious 3 and 4 BHK homes in a low-density layout, designed with elegant finishes and modern amenities. With this launch, Prestige Group adds another landmark address to its growing portfolio in East Bangalore's high-demand residential zone.
In the 36 years of the legacy has delivered around 350 unmatchable projects over India, around an area of 193 sq ft area. There are over 56 ongoing projects and 48 upcoming projects yet to be launched in 13 major cities of India, especially the 26 projects yet to be launched in the 2026 financial year with a target of Rs 42,000 crore.
Currently, the group has completed 152 residential projects, which is around 130 mn sq ft and has around 56 ongoing projects, which occupy a total land area of 72 million sq ft. 32 projects are yet to be launched in 2025 and 26 with 32 iconic projects, nearly 69 million sq ft.
Commercial portfolio of the prestige Estates since 2025:
- Completed: 125 projects, with a land area of 49 sq ft
- Ongoing: 12 projects, with the all over India with the 23 million sq ft
- upcoming: 7 iconic commercial projects are yet to be launched with an overall area of 8 million sq ft
- Completed: 13 projects covering 10 million sq ft
- Ongoing: 1 development, with 1 million sq ft
- Upcoming: 12 top-notch upcoming projects of the retail space of the prestige group are yet to be launched in 2025 and 2026 in a land area of 13 million sqft.
- Completed: 12 developments in 4 million sq
- Ongoing: 3 projects with the 3 mn sq ft
- Upcoming: 11 projects with the 4 million sq ft
Prestige Group History:
The prestige group's great history begins with the retail business started by the founder, Mr Razack Sattar, in 1986, along with the partnership firms. Later, the group saw great success with its first project, real estate saw the completion of its very first project, Prestige Court on KH Road, Bangalore. Later, the responding bily was given to his sons, namely Irfan Razack, Rezwan Razack, and Noaman Razack, in the 1970s and 1980s. After the decade, the Prestige group has its regional office address has shifted from Commercial Street to No. 303, 'Copper Arch', No. 83, Infantry Road, Bangalore 560 001 to the Prestige Falcon Towers, No. 19, Brunton Road, Craig Park Layout, Ashok Nagar, Bengaluru, Karnataka 560025, By the 2000s, Prestige had expanded into eight cities. As of 2025, the history milestone shows the waste presence in 13 major cities across India.
- In quarter four of the financial year 2025, the company booked ₹ 69,574 crore in new sales, more than double the ₹ 30,135 crore it achieved in quarter three.
- Cash collections in quarter four were ₹ 31,551 crore.
- The average price per square foot rose to ₹ 4.49 thousand, up from ₹ 2.23 thousand in quarter three.
- The company sold 2,301 homes in quarter four.
- For the full financial year 2025, total home sales reached 170,231 units.
- The average selling price for FY25 was ₹ 14,113 per square foot.
- By March 31, 2025, the company had completed 193 million square feet of projects.
- As of 17 June notification, Prestige Group is set to launch projects worth over ₹50,000 crore in FY26 across major cities like Bengaluru, Mumbai, and Delhi-NCR. These launches will expand residential supply in luxury, premium, and mid-income segments, tapping into rising demand and ongoing infrastructure growth
Prestige Group Financial Highlights – 2025
In the year 2025, Prestige Group earned a total revenue of ₹58,734 crore from its housing, retail, office, and service businesses. The residential segment brought in the most, with ₹47,733 crore. The company booked total sales worth ₹2,10,403 crore and collected ₹1,20,840 crore in payments during the year. Prestige Group’s market value is now close to ₹38,000 crore. Experts expect the share price to reach between ₹1,350 and ₹1,400. The company also holds a top credit rating of CRISIL DA1+, proving its steady growth and trust in the market.
Prestige Group Owner:
Prestige Group is owned by the well-known Sattar family, which was invented by Mr Razack Sattar. Currently, Irfan Razack is the Chairman and Managing Director. His brothers, Rezwan and Noaman Razack, also play key roles—one managing the residential wing and the other heading retail operations. The group remains a family-run business supported by an experienced professional team. As of 2025, the latest net worth of the Prestige Group owners is over ₹10,867 crore or ₹108.67 billion). While the family stays low-profile in public, they are respected across India for building trusted homes, offices, and malls. The CEO and leadership team continue to guide the company with strong values, steady growth, and long-term vision.
Board of the Directors Prestige group:
- Irfan Razack - Chairmen and Managing Director
- Dr Rezwan Razack is the present Joint Managing Director of the prestige construction company.
- The whole team director of the Prestige group as of 2025 is Mr Noman Razack.
- Uzma Irfan is the present Director of the prestige estates.
- Current Independent directors of the prestige group 2025 are SN, Nagendra, Neelam Chibber, Dr Ravindra M Mehta, and T Srikanth Bagavat.
Prestige Group Bangalore (Bengaluru):
Prestige Group Bangalore is the largest hub of the Prestige group with its headquarters and has developed several projects. As of the 2025 financial year, the geographical sales breakdown is over Rs 77445 million in Bangalore, which is also 8 per cent up from the previous year. It also has the second most Geographical Distribution of area of stock, which is around 5.2 million sq ft area in Bangalore. For the first time, Mumbai Sales Surpassed Bengaluru for the first time in Q4 FY 2025 with the Launch of Prestige Nautilus, which clocked Sales of ~2,400 Crores in just 1 month of launch.
Frequently asked questions
Irfan Razack owns Prestige Group and serves as its Chairman and Managing Director. He co-founded the company in 1986 with his brothers Rezwan and Noaman Razack, turning it into one of India’s leading real estate firms.
Irfan Razack is the current CEO of Prestige Group. With over four decades of experience, he continues to lead the company’s expansion across residential, commercial, and retail sectors.
Prestige Group is run by the Razack family. Irfan Razack is the Chairman, Rezwan is the Joint Managing Director, Noaman is the Director, and Uzma Irfan (Irfan’s daughter) handles branding and communication.
Prestige Group builds homes, office spaces, malls, and hotels. With over 180 million sq. ft. developed, it has transformed city skylines across India, especially in Bengaluru.
Analysts estimate Prestige Estates' share could reach ₹1,792.76 by the end of 2025, with a high target of ₹2,380 and a low of ₹1,510. The stock holds a Buy outlook from most firms.
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