Prestige Group
Indian property development company
From Wikipedia, the free encyclopedia
Prestige Group is an Indian real estate development company headquartered in Bangalore.[1] Founded by Razack Sattar in 1986, Prestige has developed residential colonies and commercial spaces in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR.[2]
 | |
 Prestige Shantiniketan at Whitefield, Bangalore | |
| Company type | Public company |
|---|---|
| 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 | 9850+[citation needed] |
| Website | prestigeconstructions.com |
Notable projects include Prestige Shantiniketan, UB City, Prestige Golfshire, Prestige Acropolis, The Forum, The Forum Value, The Forum Vijaya, The Celebration Mall, Prestige Lakeside Habitat, and Prestige Kingfisher Towers.
History
Prestige Group was founded by Razack Sattar, a Kutchi Memon.[3] During the 1960s and late 1970s his sons Irfan Razack and Rezwan Razack worked with him, and his youngest son Noaman Razack also joined when the business grew.[4] It began as a retail business, but moved to real estate with its first project, Prestige Court, at KH Road in Bangalore in 1985.[5]