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Prestige Group is an Indian property development company in based in Bangalore.[1][2] Founded by Razack Sattar in 1986, Prestige has developed residential colonies and commercial spaces in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Mysore. Notable projects include Prestige Shantiniketan,[3] UB City, Prestige Golfshire, Prestige Acropolis, The Forum,[4] The Forum Value, The Forum Vijaya,[5] and The Celebration Mall.[6]
Company type | Public |
---|---|
BSE: 533274 NSE: PRESTIGE | |
Industry | Real estate |
Founded | 1986 |
Founder | Razack Sattar |
Headquarters | Bangalore, Karnataka, India |
Area served | India |
Key people | Irfan Razack, Rezwan Razack, Noaman Razack |
Products | Commercial offices Apartments Shopping malls Villas Hotels Golf courses Leisure & hospitality Retail |
Revenue | US$1.2 billion |
Number of employees | 3,000+[citation needed] |
Website | prestigeconstructions.com |
History
editPrestige Group was founded by Razack Sattar who is a Kutchi Memon.[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] It began as a 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 sqft.[12]
References
edit- ^ "The falcon is in a conquering mode". GV Pedia. September 2011.
- ^ "Prestige Group wins two more awards". Deccan Herald. February 2012.
- ^ "launch of Prestige Shantiniketan, a fully integrated, ultra-modern township". Deccan Herald. 24 February 2005.
- ^ "Shopping Centre Award for Forum Mall in the Best Mall category". Deccan Herald. February 2012.
- ^ "Forum Vijaya Mall - New landmark in Chennai". The Hindu. May 2013.
- ^ "Prestige to acquire CapitaLand's mall biz stake for Rs 342 cr". The Times of India. Retrieved 23 October 2018.
- ^ "Bangalore's 'local boys': From middlemen to biggest real estate agent". Business Today. 26 December 2016. Retrieved 21 June 2022.
- ^ "Annual Report 2010-2011 - Prestige Group" (PDF). Prestige Group. Retrieved 10 April 2014.
- ^ "Profile of Mr. Razack Sattar". Propertykhazana.com. Retrieved 10 April 2014.
- ^ "Prestige Estates Projects Ltd - Case Study" (PDF). Cyberoam. Retrieved 10 April 2014.
- ^ "ISO - Certificate of Registration" (PDF). Intertek System & Prestige Group. Retrieved 23 February 2014.
- ^ "Prestige Group Q3 FY2016 Results" (PDF). Retrieved 16 February 2016.