Prestige Group History to 2026


Prestige Group has established itself as one of South India's most respected real estate developers over more than three decades of operation. From humble beginnings to becoming a publicly listed company with projects spanning multiple segments, the Prestige journey is one of vision, determination, and consistent excellence.

The Founding Years (1986-1995)

Prestige Group was founded in 1986 by Mr. Razack Sattar in Bangalore. The company started with a focus on commercial real estate, developing office spaces in the growing city. Key highlights from this period include:

  • 1986: Company founded with first commercial project
  • 1989: Expansion into residential segment
  • 1992: Completion of first landmark commercial complex
  • 1995: Establishment of Prestige brand identity

Growth and Diversification (1996-2005)

During this decade, Prestige Group diversified its portfolio and expanded geographically:

  • Entry into retail and hospitality segments
  • Launch of integrated township projects
  • Expansion to multiple cities in South India
  • Development of IT parks and SEZ projects
  • Introduction of luxury residential segment

Becoming a Market Leader (2006-2015)

This period saw Prestige Group cement its position as a market leader:

  • 2010: Successful IPO on Indian stock exchanges
  • Launch of multiple mega projects across segments
  • Entry into Chennai, Hyderabad, and other tier-1 cities
  • Strategic partnerships with international brands
  • Recognition with numerous industry awards

Modern Era (2016-2026)

The recent years have marked continued growth and innovation:

  • Adoption of green building practices across projects
  • Digital transformation initiatives
  • Expansion of hospitality portfolio
  • Launch of affordable housing segment
  • 2024-2026: Record pre-sales and project launches
  • Introduction of smart home technologies

Key Milestones

Throughout its history, Prestige Group has achieved numerous milestones:

  • Delivered over 250+ projects
  • Developed 150+ million square feet
  • Created homes for 50,000+ families
  • Presence across 12+ cities
  • Diversified portfolio across residential, commercial, retail, and hospitality

Prestige Group Prelaunch Project is Prestige Palm Court.

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