Prestige Group

#3410

Rank

$2.85B

MarketCap IN

IN India

Country

Summary
Prestige Estates Projects Limited, together with its subsidiaries, engages in the development and leasing of real estate properties in India. It develops a range of residential projects, including townships, apartments, luxury villas, mansions, row houses, golf developments, and affordable houses; commercial projects comprising office spaces, built-to-suit campuses, special economic zones, and IT parks; and retail properties, such as malls. The company also develops and owns hospitality properties, which include hotels, resorts, spas, and service apartments. In addition, it provides real estate services that comprise fit-out, interior design and execution, doors manufacturing, concrete block, civil works facilities execution and property management, and project and construction management services. The company was founded in 1986 and is based in Bengaluru, India. Prestige Estates Projects Limited is a subsidiary of Razack Family Trust.

History

The inception of the Prestige Group dates back to 1986, when the first business venture was launched in the form of Prestige Garments in Bangalore. With the vision of the founder, Mr. Razack Sattar, who contemplated the boom in the Indian real estate industry, the group made its foray into the real estate and hospitality sectors. In less than three decades, the group has expanded its operations across various verticals and various states in South India.


Mission
Our mission is to simply be the best – the best performing, the best value, and the best choice for customers who need customized and quality real estate infrastructure, products and services.

Vision
Our vision is to emerge as a reliable, profitable and innovative total real estate player – delivering ‘everywhereness’ excellence, providing homes, and creating best of lifestyle with business models that drive sustainable, long-term and attractive returns to our investors.

Key Team

Mr. Noaman Razack (Whole Time Exec. Director)

Mr. Amit Mor (Chief Financial Officer)

Mr. Nawabzada Omer Bin Jung (Exec. Director of Hospitality)

Lieutenant Colonel Milan Khurana (Exec. Director of HR, IT & Admin)

Mr. Venkat Konanki Narayana (Chief Exec. Officer)

Mr. T. Arvind Pai (Exec. Director of Legal)

Mr. J. V. Manoj Krishna (Company Sec. & Compliance Officer)


Recognition and Awards
The Prestige Group has been the proud recipient of numerous awards and recognitions over the years. We have been consistently recognised as the Best Developer in South India at the CNBC AWAAZ Real Estate Awards and CNBC AWAAZ Travel Awards, CTAR Realty and Retail Award, Infra Realty India Award and NDTV Property Awards among others.

References
Prestige Group
Leadership team

Mr. Irfan Razack (Chairman & MD)

Dr. Rezwan Razack (Joint MD & Exec. Director)

Ms. Uzma Irfan (Director of Corp. Communications & Exec. Director)

Products/ Services
Commercial Real Estate, Hospitality, Leisure, Property Development, Property Management, Real Estate, Retail
Number of Employees
1,000 - 20,000
Headquarters
Bangalore, Karnataka, India
Established
1997
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
PRESTIGE.NS
Social Media
Sun Mar 03 2024
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