Prestige Group - company snapshot
The listed developer at a glance - the cities it builds in and the scale behind them.
| Metric | Value |
|---|---|
| Legal name | Prestige Estates Projects Limited |
| Brand | Prestige Group |
| Founded | 1986 |
| Headquarters | Bengaluru, Karnataka |
| Listed | NSE (PRESTIGE), BSE (533274) |
| Chairman & Managing Director | Irfan Razack |
| Joint Managing Director | Rezwan Razack |
| Whole-time Director | Noaman Razack |
| Projects delivered (Dec 2025) | 313 across all verticals |
| Total area delivered | 206 million sq ft |
| Residential delivered | 162 projects / 142 million sq ft |
| Residential ongoing | 44 projects / 95 million sq ft |
| Residential planned | 31 projects / 42 million sq ft |
| FY26 sales | ₹30,024.5 Cr (record) |
| FY26 net profit | ₹1,195.5 Cr (+155.72% YoY) |
| Developer rating | CRISIL DA1+ |
| Active geographies | Bengaluru, Hyderabad, Chennai, Kochi, Mangalore, Goa, Mumbai, NCR |
Heritage
Prestige was founded in 1986 by Irfan Razack and his brothers, building from a tailoring-business family background into Bengaluru's most consequential premium-residential developer brand. The early years established Prestige's reputation for architecturally articulate apartments in the city's premium localities — Kalyan Nagar, Indiranagar, Whitefield — at a time when Bengaluru's apartment culture was still nascent. That Kalyan Nagar heritage is directly relevant to Prestige Hennur: the Hennur Road corridor abuts the Kalyan Nagar cluster where the company has built for decades.
Two structural decisions in the 2000s shaped the modern company: the 2010 IPO listing on the NSE and BSE, and a parallel expansion into commercial, retail, hospitality, and managed offices that turned Prestige from a residential developer into an integrated real-estate platform. Today those businesses include the Forum malls, office campuses such as Prestige Tech Park, and hotels including the Sheraton Grand Bengaluru Whitefield, the Conrad Bengaluru and the JW Marriott Prestige Golfshire resort. Through the 2010s and 2020s the footprint broadened nationally — Hyderabad, Chennai, Goa, Kochi, and the Mumbai western suburbs (the ₹9,000-crore Versova entry in April 2026).
Leadership
- Irfan Razack — Chairman & Managing Director. With his two brothers, he formally established the company in 1986.
- Rezwan Razack — Joint Managing Director. Handles all of the group's construction and engineering.
- Noaman Razack — Whole-time Director. Leads the group's retail vertical, the Forum mall network.
- Uzma Irfan — Director, Corporate Communications.
The Razack family's structured leadership distribution — each member with a defined operational vertical — is one of the company's institutional features and a continuity signal for buyers committing to a multi-year construction cycle.
Portfolio across verticals
Residential
The 162 delivered residential projects span the city's premium and luxury segments. Prestige's residential business spans apartments, villas, integrated townships and plotted developments, and each format carries its own design and specification expectation. Prestige Hennur sits in the flagship premium-apartment band.
Commercial
The commercial vertical includes Prestige Tech Park (Sarjapur ORR), Prestige Cyber Towers, Prestige Atrium, Prestige Polygon, and Prestige Featherlite Tech Park — Grade-A office campuses that anchor the daytime employment density supporting the company's residential corridors.
Retail and hospitality
The retail vertical runs the Forum Mall portfolio — Forum Koramangala, Forum Vijaya (Chennai), Forum Sujana (Hyderabad), Forum Shantiniketan (Whitefield), and more. The hospitality vertical includes the Sheraton Grand Bengaluru Whitefield, the Conrad Bengaluru and the JW Marriott Prestige Golfshire resort.
Managed offices
Prestige holds a stake in the managed-office and co-working segment via dedicated platforms — a vertical aligned with the hybrid-work demand that the company's residential buyers increasingly live.
The diversified portfolio means Prestige is not dependent on residential cyclicality for cash flow — a structural strength that supports residential project funding through the construction cycle.
What distinguishes Prestige
Several structural attributes set Prestige apart from the developers active on Hennur Road.
1. Listed-developer transparency
Prestige's quarterly NSE and BSE disclosures, audited financials, independent directors, big-four auditor, and CRISIL DA1+ rating provide a verifiable monitoring framework through the construction cycle. For a multi-crore purchase, this transparency is a confidence layer that unlisted regional developers — which make up most of the Hennur Road peer set — cannot offer.
2. Three decades of Bengaluru depth
The vendor networks, regulatory relationships, design standards, and post-handover delivery experience that 206 million square feet builds are difficult to replicate. Prestige has delivered through every property cycle the city has seen since 1986.
3. Prior delivery in the Hennur micro-market
Prestige has already delivered in the Hennur belt with Prestige North Point — so Prestige Hennur is built on prior local execution experience rather than a first-time entry into the corridor. The company's long Kalyan Nagar heritage further roots it in this part of North-East Bengaluru.
4. Diversified balance sheet
Commercial leasing, retail, hospitality, and managed-office income buffer the residential cycle, increasing the structural reliability of residential delivery through the construction phase.
5. RERA discipline
Prestige files Karnataka RERA registrations on a consistent cadence ahead of formal sales, and documents timeline adjustments through the RERA framework — the regulatory discipline a listed developer is held to.
Financial standing
- Listed on NSE (PRESTIGE) and BSE (533274) since 2010
- FY26 sales of ₹30,024.5 crore — a record and one of the largest sales-print years for any Indian listed developer
- FY26 collections of ₹18,514.6 crore; revenue from operations ₹12,685.4 crore (+72.60% YoY)
- FY26 net profit ₹1,195.5 crore (+155.72%); Q4 FY26 consolidated profit up 900% to ₹250 crore
- CRISIL DA1+ developer rating — among the highest issued in India
- Coverage by major equity-research desks (Motilal Oswal, ICICI Securities, Axis Capital, JM Financial)
- Annual investor day with detailed project-level pipeline disclosure
For buyers, the financial print matters because it underwrites delivery: a developer with record sales, strong collections, and a diversified balance sheet has the funding depth to carry a four-tower high-rise through the construction cycle.
Awards and recognition
- Multiple CREDAI Real Estate Awards across Bengaluru, Hyderabad, and Chennai
- CNBC-AWAAZ Real Estate Awards for residential and integrated developments
- Realty Plus Excellence Awards across multiple categories
- CRISIL DA1+ developer rating
- CII Excellence Awards for design and sustainability
Other Prestige projects in Bengaluru
For prospective Prestige Hennur buyers exploring the broader Bengaluru portfolio:
- Prestige Park Street — Devanahalli, on the airport corridor; pre-launch luxury 1, 2, 3 BHK
- Prestige Park Ridge — off Bannerghatta Road. Upcoming: launch planned for FY28, not yet registered with K-RERA.
- Prestige Devanahalli — the airport corridor
- Prestige Evergreen — Varthur, East Bengaluru; 1, 2, 3, 3.5, 4 BHK
- Prestige Falcon City Luxe — Kanakapura Road; premium apartments, pre-launch
- Prestige Raintree Park — Whitefield Road; 3–5 BHK premium
- Prestige North Point — Hennur (delivered); the company's prior premium apartment delivery in this exact micro-market
Visiting one of the delivered Prestige Bengaluru projects as an aged asset gives buyers the best view of the developer's long-term construction and society-management quality.
How to engage
Sales enquiries for Prestige Hennur are best routed through the enquiry form on this site, which connects you with the project sales channel. The developer's corporate presence:
- Developer: Prestige Estates Projects Limited (Prestige Group)
- Corporate site: prestigeconstructions.com
- Listings: NSE (PRESTIGE), BSE (533274)
- RERA portal: Karnataka K-RERA (rera.karnataka.gov.in) — verify the project registration once published
Site visits, the brochure and price-sheet request, and booking-stage queries should be directed through the contact page on this site once the formal launch opens. The overview, price, and reviews pages develop the project-level case; this developer foundation is the institutional bedrock beneath it.
Prestige Group developer FAQ
Common questions on the developer behind Prestige Hennur — Prestige Group's track record, listing, Hennur precedent, and Bengaluru portfolio.
Who is the developer of Prestige Hennur?
Prestige Hennur is developed by Prestige Estates Projects Limited, trading as the Prestige Group - among India's largest publicly listed real-estate developers, headquartered in Bengaluru and founded in 1986. Prestige is listed on the NSE (PRESTIGE) and BSE (533274), and has delivered 313 projects and 206 million square feet across its verticals.
Is Prestige Group a listed company?
Yes. Prestige Estates Projects Limited has been listed on the NSE (PRESTIGE) and BSE (533274) since its 2010 IPO. The listed-developer framework - quarterly NSE/BSE disclosures, audited financials, independent directors, a big-four auditor, and a CRISIL DA1+ developer rating - provides a verifiable monitoring framework through the construction cycle that unlisted regional developers cannot offer.
How many projects has Prestige delivered?
As of December 2025, Prestige had delivered 313 projects spanning 206 million square feet across all verticals, including 162 residential projects / 142 million square feet, with 44 projects / 95 million square feet ongoing and 31 projects / 42 million square feet planned - among the largest delivery records of any Indian developer.
Has Prestige built on Hennur Road before?
Yes. Prestige has already delivered in the Hennur belt with Prestige North Point, its prior premium apartment delivery in this exact micro-market, and the company's long Kalyan Nagar heritage further roots it in this part of North-East Bengaluru. So Prestige Hennur is built on prior local execution experience rather than a first-time entry into the corridor, which lowers execution risk.
What were Prestige's FY26 financial results?
Prestige posted a record FY26 sales print of Rs 30,024.5 crore, with collections of Rs 18,514.6 crore, revenue from operations of Rs 12,685.4 crore (+72.60% YoY), and a consolidated net profit of Rs 1,195.5 crore (+155.72%). It holds a CRISIL DA1+ developer rating, among the highest issued in India.