Prestige Group
Prestige Group is one of the leading India’s Real Estate since 1986 which is based in Bangalore. In their legacy of 30+ years, they have finished 300+ residential projects in 13 cities. They are the 1st real estate builder to get the ISO 9001:2000 certificate. Irfan Razack (born 30-10-1953) is the MD of the Prestige Group.
They have created a community of 50,000+ happy families. Some major cities of India where Prestige Group is constructing their real estate projects include
- Bangalore,
- Hyderabad,
- Mumbai,
- Kochi,
- Mangalore,
- Chennai,
- Calicut and
- Goa.
In all these major cities of India, Prestige Group has finished residential projects over an area of 127 mn sq ft. They have built 13+ retail projects over an area of 10 mn sq ft. They have delivered 12 hospitality projects over an area of 4 mn sq ft. They have built 125+ commercial properties over an area of 48 mn sq ft.
Mr. Razack Sattar started Prestige Group in 1986. He focused on small housing projects at first, and later, his two sons, Irfan Razack and Rezwan Razack, worked with him. Then, his last son, Noaman Razzack, joined. Initially, they began as a retail business, but later, they started a real estate business. Now, in India, they are the leading real estate business developers.
With 48+ years of experience, Mr. Irfan Razack leads the Prestige Group. He has a strong ability to make all his vision into a reality. Under his guidance, the company reached heights and got a CRISIL DA1 rating.
Prestige Group's logo is the picture of an immense ‘phoenix bird,' which shows their strength and loyalty of them. Prestige Group's Tagline is “Add Prestige to your life” which is displayed there just below its logo.
According to the recent financial filings Prestige Group revenue was Rs. 81.21 billion. They have an increase in revenue, which represents the entire income from products that highlights the company's financial performance.
| Year | Revenue | Change |
|---|---|---|
| 2024 (TTM) | ₹80.58B | -2.27% |
| 2023 | ₹82.45B | 5.21% |
| 2022 | ₹78.36B | 27.63% |
| 2021 | ₹61.40B | -10.66% |
| 2020 | ₹68.72B | -13.61% |
| 2019 | ₹79.55B | 57.91% |
| 2018 | ₹50.37B | -1.10% |
| 2017 | ₹50.93B | 8.42% |
| 2016 | ₹46.98B | -12.96% |
Prestige Group has grown into a lot of services with talented leaders over time. It is the only builder in South India with a range of real estate projects in all sizes and budget ranges.
Some of the Prestige Group's subsidiaries are
- Prestige – The Man Store
- Prestige Projects Pvt Ltd
- Prestige Golfshire club
- Falcon Property Management Services
- Spring – Planet resourcing
- Twenty-four hotels- Prestige Tech Park
Prestige Group's net worth is Rs. 725.26 billion (as of September 2024), and its share price is Rs. 1,808. They are ranked as the 1,845th company globally in market capitalization. Over the past year, they got a boundless growth of 230.30%.
The Market Capitalization of the Prestige Construction report is
| Year | Market cap | Change |
|---|---|---|
| 2024 | ₹723.82 B | 53.02% |
| 2023 | ₹473.02 B | 154.53% |
| 2022 | ₹185.84 B | -2.37% |
| 2021 | ₹190.34 B | 78.52% |
| 2020 | ₹106.62 B | -15.84% |
| 2019 | ₹126.69 B | 54.02% |
| 2018 | ₹82.25 B | -30.62% |
| 2017 | ₹118.55 B | 84.61% |
| 2016 | ₹64.22 B | -11.88% |
| 2015 | ₹72.88 B | 47.41% |
| 2013 | ₹56.80 B | -3.35% |
| 2012 | ₹58.77 B | 153.69% |
| 2011 | ₹23.16 B | 105.41% |
Prestige Group has got a lot of awards for their greatest work in the real estate industry. Some of the best awards by them include:
- IIHM Lifetime Award
- SAP Ace Awards
- The Best of Bharat Awards 2022
- ICI Birla Super Award
- CWAB Awards
- FIABSI World Prix d' Excellence Awards
Prestige Group's toll-free contact number is 18003130080. The office email ID is properties@prestigeconstructions.com. Customers can contact the number or email id to know about any new project launch, price details, any queries, or to book any houses.
- Prestige Group has been the preferred real estate builder as they meet customer demands first.
- They will complete all their projects on the correct deadlines.
- They employ skilled engineers and architects to ensure that all their properties are built to the maximum standards.
- All their projects are RERA approved and are in the prime areas of the city.
Prestige Group Chennai has impacted the real estate market by creating a number of infrastructure projects. There are a lot of ongoing projects in various stages of planning and construction. A lot of people prefer to invest with them as they are known for their best quality.
Some projects introduced by Prestige Group in Chennai include
- Prestige Windsor Park
- Prestige Courtyards
- Prestige Silver Springs
- Prestige Downtown
- Prestige Highline
One latest awaited upcoming project by Prestige Group Chennai is “Prestige Pallava Gardens” in the prime area of Pallavaram. The project is over 50 acres, with 21 huge towers. There are 2800 apartments with 80% open spaces. There are 1,2,3 and 4BHK apartments over big towers with 19 floors. This Prestige upcoming project in Chennai is best for investment as it is in a prime area with a good resale value.
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