Prestige Group

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Prestige Group
Traded asBSE: 533274, NSE: PRESTIGE
BSE SENSEX Constituent
IndustryReal estate
Founded1986
Founder(s)Razack Sattar
HeadquartersBangalore, Karnataka, India
Area served
India
Key people
Irfan Razack, Rezwan Razack, Noaman Razack
ProductsCommercial offices
Apartments
Shopping malls
Villas
Hotels
Golf courses
Leisure & hospitality
Retail
RevenueUS$1.2 billion
Number of employees
3,000+[citation needed]
Websitewww.prestigeconstructions.com

Prestige Group is a property development company in South India.[1][2] It was founded by Razack Sattar in 1986 and is based in Bangalore, Karnataka, India. Prestige has developed several residential colonies and commercial spaces in Bangalore, Chennai, Kochi, Hyderabad, Mangalore, and Mysore, including Prestige Shantiniketan,[3] UB City, Prestige Golfshire, Prestige Acropolis, The Forum,[4] The Forum Value, The Forum Vijaya,[5] and The Celebration Mall.[6]

History[edit]

Prestige Group was founded by Razack Sattar.[7] During the 1960s and late 1970s his sons Irfan Razack and Rezwan Razack worked with him, and his youngest son Noaman Razzack also joined when the business grew.[8] Began its journey from retail business but moved to real estate with its first project Prestige Court at KH road, Bangalore.[9][10] The company is ISO 9001:2008 certified.[11] To date, Prestige Group has completed 192 Projects spanning to an extent of 64 million sft.[12]

References[edit]

  1. ↑ "The falcon is in a conquering mode". GV Pedia. September 2011.
  2. ↑ "Prestige Group wins two more awards". Deccan Herald. February 2012.
  3. ↑ "launch of Prestige Shantiniketan, a fully integrated, ultra-modern township". Deccan Herald. 24 February 2005.
  4. ↑ "Shopping Centre Award for Forum Mall in the Best Mall category". Deccan Herald. February 2012.
  5. ↑ "Forum Vijaya Mall - New landmark in Chennai". The Hindu. May 2013.
  6. ↑ "Prestige to acquire CapitaLand's mall biz stake for Rs 342 cr". The Times of India. Retrieved 23 October 2018.
  7. ↑ "Bangalore's 'local boys': From middlemen to biggest real estate agent". Business Today. 26 December 2016. Retrieved 21 June 2022.
  8. ↑ "Annual Report 2010-2011 - Prestige Group" (PDF). Prestige Group. Retrieved 10 April 2014.
  9. ↑ "Profile of Mr. Razack Sattar". Propertykhazana.com. Retrieved 10 April 2014.
  10. ↑ "Prestige Estates Projects Ltd - Case Study" (PDF). Cyberoam. Retrieved 10 April 2014.
  11. ↑ "ISO - Certificate of Registration" (PDF). Intertek System & Prestige Group. Retrieved 23 February 2014.
  12. ↑ "Prestige Group Q3 FY2016 Results" (PDF). Retrieved 16 February 2016.
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