Prestige Group, founded in 1986 by CMD Irfan Razack and marshaled by his brothers Rezwan Razack and Noaman Razack has firmly established itself as one of the most successful real estate developers in India.
It has left an ever lasting impression across all asset classes and entrenched itself as the leader across the real estate sector in India.
The group’s turnover according to the financial year 2015 was approximately Rs 3518 Crores.
The Prestige Group has successfully accomplished 247 projects covering an area of over 134 million sqft.
Currently there are 45 ongoing projects covering an area of over 53 million sqft, and holds a land bank of 262 acres with potential developable area of 27 million sqft. As of June 2020, the market capital of the company was Rs 84,021 Mn.
The Prestige Group exclusively boasts of a wide portfolio covering residential, commercial, retail, leisure and hospitality sectors across South India.
It has expanded its proficiency across major cities of South India like Chennai, Bengaluru, Hyderabad, Kochi, Mysore and many more. It has given cities with large townships, tech parks, hotels, luxury villas, SEZs, malls in the name of ‘The Forum’ which has left an unprecedented and remarkable impression amongst the people of that cities.
Prestige Polygon, Prestige Cyber Towers, Prestige Palladium have received immense response from the people.
The Forum Vijaya Mall opened to the public in 2013 is the largest mall in Chennai. The Prestige group has launched first of its kind Township project in Chennai. Also, unique luxury villas named Prestige Silver Springs in the year 2013.
The Prestige Group due to its innovative ideas and designs has engineered many landmark developments in South India. Prestige Acropolis is a premium residential project in Bengaluru marking its tribute to Greek architecture. One of the first gated communities in Bengaluru was Prestige Ozone. The Forum mall in Bengaluru spearheaded the retail revolution across South India. South India’s first fully integrated township development was Prestige Shantiniketan.
It has also unveiled the world-class, luxury, 5-star resort hotel – The Marriot International in Bengaluru.
Prestige Golfshire was the first golf villa in South India. Prestige Lakeside Habitat is the largest residential development by the group till date.
The group’s world-class projects have also attracted renowned clients such as Intel, Microsoft, Hewlett Packard, Oracle, IBM and Cisco to name a few.
The Prestige Group has exclusively won the FIABCI award for their software and residential facilities in Bengaluru. At the Asian Brand Conclave, it was awarded the “Admired Brand of Asia” in the Real Estate category.
Mr. Irfan Razack was voted as the “Admired Leader of Asia 2014-15”. Among other achievements, the company’s Investor Relationship (IR) Programme was ranked as Second Best in Asia and the Best in India by the Institutional Investor (II) magazine’s 2014 All-Asia Executive Team Rankings. It is the only CRISIL DA1 rated Developer in India and was awarded the financial rating of A by ICRA.
Also, the Asia Pacific Property Awards, Asia Pacific Hotel Awards, Cityscape Awards, Indian Realty Awards, Srishti Good Green Governance Awards, Builder’s Association of India (BAI) and Confederation of Real Estate Developers – Associations of India (CREDAI) Awards.
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