Prestige Group

Prestige works in four main property sectors: homes, offices, retail and hotels. Its housing range includes small flats, large family homes, villas and plots. Some sites are single housing projects. Others combine homes with shops, offices or shared services.

The group’s history began in 1986. The listed firm was formed on 4 June 1997 and joined the stock market in 2010. These are three separate dates: the start of the group, the formation of the firm and its stock market listing.

Prestige’s roots are linked to the Razack family and the late Razack Sattar. The family remains closely involved in the business. Irfan Razack leads the group, while Rezwan Razack is Joint Managing Director. Noaman Razack is a Whole-Time Director and leads the group’s retail work.

Prestige Estates also has public shareholders, as it is a listed firm. It should therefore not be described as a business owned by one person alone. Its company reports give details of the board and shareholding.

Prestige builds several types of homes. A buyer may choose a flat in a gated site, a villa or a plot on which to build a house. The choices depend on the project. The same home size or price will not be found at every site.

Its housing markets include Bengaluru, Chennai, Hyderabad, Mumbai, Kochi, Mangaluru, Goa and Calicut. Each city has its own price range and buyer needs. A home should be judged by its location, room sizes, total cost and date of handover.

Some Known Prestige Projects

• Prestige Leela Residences: A luxury housing project with a CNBC award.
• Prestige Augusta Golf Village: A low-rise housing project with a FIABCI World Silver award.
• Prestige White Meadows: A housing project recognised at the Asia Pacific Property Awards.
• Prestige Lakeside Habitat: A residential project with housing and marketing awards.
• Prestige Parklane: A new project launched in the Devanahalli–STRR area in September 2026.

Prestige’s work extends beyond homes. It builds office space and has a retail business under the Forum Malls name. Its hotel portfolio includes JW Marriott Prestige Golfshire Resort & Spa.

These businesses serve different users. Homes are bought for living or rental use. Offices serve firms, while malls bring together shops, food outlets and leisure spaces. Hotels add another part to the group’s property business.

Prestige booked ₹30,024.5 crore in sales during FY2025–26. It collected ₹18,514.6 crore in the same year. Sales bookings record purchases made by buyers. Collections record the money received, so the two figures measure different things.

From April to June 2026, the group booked about ₹6,579 crore in sales. It sold 3,337 units, covering 6.04 million sq. ft. Hyderabad made up 49% of sales, Bengaluru 27% and Mumbai 12%. These figures show that several cities now play a large role in the group’s growth.

Prestige has earned awards for its buildings, business and leaders. The award name, year and winner help explain what each honour covers. An award won by a hotel should not be treated as an award for all the group’s homes.

Some key examples are:

• 2025: CREDAI National gave Irfan Razack its Lifetime Achievement Award.
• 2024: JW Marriott Prestige Golfshire won FIABCI Gold in the Hotel category.
• 2024: Prestige Leela Residences earned CNBC recognition for ultra-luxury housing.
• 2024: Prestige Skytech shared the Construction Week award for Façade Project of the Year.
• 2022: Prestige Estates won SAP ACE’s Best Customer Experience Management award.

Prestige Windgates is listed in the group’s Q1 FY26 investor report as an upcoming project. The report gives it about 0.55 million sq. ft. of planned development space. This confirms that the name appears in the group’s project pipeline. The older report does not confirm its launch status today.

Sales pages place Windgates on Thanisandra Main Road in North Bengaluru. They describe a site of about seven acres, with four towers and 2, 3 and 4 BHK homes. These are advertised details. The final builder plan should confirm the home sizes, price, tower layout and handover date before a buyer relies on them.

Start with the parts of the home you will use each day. Look at the living room, bedrooms, kitchen and storage space. Compare the usable area, rather than choosing by the advertised size alone. The route to work and school also needs to fit your routine.

Next, compare the full cost. Include parking, extra charges, interiors and monthly upkeep. For a new project, read the payment plan and agreed handover date. For a resale home, inspect the flat and review recent maintenance bills.

In September 2026, Prestige launched Parklane in Devanahalli. The launch report described 1,788 homes on 11.91 acres, spread across nine towers. The project offers one-, two- and three-bedroom homes.

In June 2026, the group announced plans to invest about ₹1,800 crore at Bengaluru Airport City. The proposed site will combine business, hotel and leisure uses. This adds to its planned work in North Bengaluru.