Prestige Estates

Prestige Group (Prestige Estates Projects Limited) is a veteran Indian real-estate developer led by the Razack family, known for large integrated townships, luxury apartments, commercial malls and hospitality assets across major Indian cities. With nearly four decades of delivery, strong leadership (Irfan Razack as Chairman & MD) and marquee projects like UB City, Forum Malls, Prestige Shantiniketan and Prestige Lakeside Habitat, the company combines scale, premium amenities and a diversified portfolio. It operates across residential, commercial, retail, hospitality and logistics, and is listed on the NSE/BSE.

Founded in 1986, Prestige evolved from a retail business into a large real-estate conglomerate over ~39 years, delivering 300+ projects and developing over 190 million sq.ft. The company has grown from early single projects in Bangalore to pan-India operations with ongoing pipelines and phased project completions across decades.

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Developer Projects

Prestige builds across segments — large townships and residential projects (2–5 BHK, villas, luxury penthouses), commercial office parks, high-profile retail malls (Forum/UB City) and hospitality assets (JW Marriott, Sheraton). Projects range from entry-to-luxury and span major metros (Bengaluru, Chennai, Hyderabad, Mumbai, Delhi‑NCR) and resort/outsourced locations (Nandi Hills, Goa).

Prestige ShantiniketanResidential Community

WhitefieldBangalore

Prestige Lakeside HabitatResidential Community | Apartment

VarthurBangalore

Prestige AcropolisResidential Community | Apartment

KoramangalaBangalore

Prestige Kingfisher TowersResidential Community | Apartment

AshokBangalore

Prestige Falcon CityResidential Community

KanakapuraBangalore

Prestige GolfshireResidential Community | Villa

NearBangalore

The Prestige City IndirapuramResidential Community

SiddharthaIndirapuramGhaziabad

Prestige High FieldsResidential Community | Apartment

PuppalagudaGachibowliHyderabad

Prestige Pallavaram GardensResidential Community | Apartment

Pallavaram-ThoraipakkamChennai

UB CityCommercial

VittalAshokBangalore

FAQ

Who are the owners ?

Promoter / Founding family:
- Razack Sattar — Founder (originator of the group)
- Irfan Razack — Chairman & Managing Director (prominent promoter family member)
- Rezwan Razack — Joint Managing Director (oversees construction and operations)
- Noaman Razack — Whole-Time Director (leads retail/Forum operations)
- Uzma Irfan — Director
Senior management / business heads:
- Juggy Marwaha — Chief Executive Officer, Prestige Office Ventures
- Suresh Singaravelu — Head, Prestige Hospitality Ventures

Note: The company is promoter-driven (Razack family) with independent directors and a professional leadership team.

When was the company founded ?

Founded: 1986 (by Razack Sattar)
Total experience: ~39 years (1986–2025)

Is this a public company ?

Yes. Prestige Estates Projects Limited (PEPL) is listed on the NSE and BSE (ticker: PRESTIGEEQ, ISIN: INE811K01011) and is part of the NIFTY MIDCAP 50.
Key financial highlights: market capitalization ≈ ₹66,418.6 crore; FY24 PAT ≈ ₹1,628 crore; consolidated net worth ≈ ₹11,801 crore. The company holds CRISIL DA1+ grading for execution capability and maintains conservative leverage with positive operating cash flows.

Which are the builder's popular projects ?

Prestige Shantiniketan (Whitefield, Bangalore) — Large residential township with 2/3/4 BHK options, central 8-acre park, grand clubhouse, infinity pool; under construction and completed in phases.
Prestige Lakeside Habitat (Varthur, Bangalore) — Massive township (3,426 premium units) with expansive landscapes, clubhouse, sports facilities; launched 2015 and completed Jan 2020.
Prestige Acropolis (Koramangala, Bangalore) — Luxury apartments, sky villas and penthouses with 50+ amenities; completed 2009.
Prestige Falcon City (Kanakapura Road, Bangalore) — Township with the city’s Forum Mall, extensive sports and recreation facilities; launched 2014, completed 2020.
Prestige Golfshire (near Nandi Hills, Bangalore) — High-end villa community around a 275-acre golf course with JW Marriott resort and resort-style services; developed in phases.
The Prestige City Indirapuram (Ghaziabad) — Large township with malls, schools and healthcare; launched 2025 with possession timelines extending into 2030s.
UB City (Vittal Mallya Road, Bangalore) — Iconic commercial & retail development housing multinational offices and luxury retail; completed 2008.

(These examples represent the group’s scale across premium residential, large integrated townships, retail and commercial landmarks.)

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