Prestige Group - company snapshot
The listed developer at a glance - exchanges, tickers and the scale behind them.
| Item | Detail |
|---|---|
| Legal name | Prestige Estates Projects Limited |
| Brand | Prestige Group |
| Founded | 1986 |
| Headquarters | Bengaluru, Karnataka |
| Listed | NSE (PRESTIGE) and BSE (533274), since 2010 |
| Chairman & Managing Director | Irfan 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 |
| FY26 sales | ₹30,024.5 Cr (record) |
| FY26 net profit | ₹1,195.5 Cr (+155.7% YoY) |
| Developer rating | CRISIL DA1+ |
| Active geographies | Bengaluru, Hyderabad, Chennai, Kochi, Mangalore, Goa, Mumbai, NCR |
Heritage - four decades of Bengaluru depth
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. The early years — the late 1980s through the 1990s — established Prestige's reputation for architecturally articulate apartments in Bengaluru's premium localities (Kalyan Nagar, Indiranagar, Whitefield) at a time when the city's apartment culture was still nascent. That early Kalyan Nagar work is directly relevant to Prestige Battersea: the developer's roots are in exactly the North Bengaluru pocket the project sits in.
Two structural decisions in the 2000s shaped the modern company: a 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 geographic footprint broadened nationally — Hyderabad, Chennai, Goa, Kochi, and the Mumbai western suburbs — while the Bengaluru residential business remained the core.
The significance for a Prestige Battersea buyer: this is a developer with four decades of continuous Bengaluru delivery, deep regulatory relationships, an established vendor and contractor network, and the post-handover delivery experience that few developers in the city can match. That institutional depth is the foundation of execution confidence on a pre-launch.
Leadership
The Razack family operates a structured leadership distribution, with each member holding a defined operational vertical:
- Irfan Razack — Chairman & Managing Director, who formally established the company in 1986 with his two brothers.
- Rezwan Razack — Joint Managing Director, in charge of construction and engineering.
- Noaman Razack — Whole-time Director, leading the group's retail vertical (the Forum malls).
- Uzma Irfan — Director, Corporate Communications.
The defined operational distribution across the leadership is one of the company's institutional features, and it supports the consistency of the brand across its segments and geographies.
Scale & track record
Prestige's scale is the headline credibility fact for a pre-launch buyer. As of December 2025, the company had delivered:
- 313 projects across all verticals.
- 206 million sq ft of total developed area.
- 162 residential projects / 142 million sq ft delivered, with 44 projects / 95 million sq ft ongoing and 31 projects / 42 million sq ft planned.
This is among the largest delivery records of any Indian developer, and it is the most direct evidence of execution capability. For a buyer committing to a pre-launch with possession around 2031, the relevant question is whether the developer can finance and deliver a township-scale project through a multi-year construction cycle — and a 313-project, 206-million-sq-ft track record answers that question affirmatively.
Financial standing
Prestige's listed-developer status is the single most important institutional feature for a pre-launch buyer, because it converts an opaque private-developer relationship into a transparent, monitored one.
- Listed on the NSE (PRESTIGE) and BSE (533274) since 2010.
- FY26 sales of ₹30,024.5 Cr — a record for the company and one of the largest sales prints for any Indian listed developer.
- FY26 collections of ₹18,514.6 Cr; revenue from operations of ₹12,685.4 Cr (+72.6% YoY); consolidated net profit of ₹1,195.5 Cr (+155.7% YoY).
- A CRISIL DA1+ developer rating — among the highest issued in India.
- Quarterly NSE/BSE disclosures, audited financials, independent directors, and a big-four auditor.
- Detailed coverage by major equity-research desks (Motilal Oswal, ICICI Securities, Axis Capital, JM Financial).
For a buyer, this framework means the developer's financial health is publicly visible and continuously monitored throughout the construction period — a level of transparency that a private developer cannot offer, and the most relevant risk mitigant when buying years before possession.
Bengaluru residential portfolio
Prestige's Bengaluru residential pipeline, launched and upcoming, establishes the portfolio depth behind the Prestige Battersea launch:
- Prestige Park Street — Devanahalli, on the airport corridor.
- Prestige Evergreen — Varthur, East Bengaluru.
- Prestige Falcon City Luxe — Kanakapura Road. Premium apartments, pre-launch and not yet registered with K-RERA.
- Prestige Highland Hideaway — Whitefield.
- Prestige Park Ridge — off Bannerghatta Road. Upcoming: launch planned for FY28, not yet registered with K-RERA.
- Prestige Raintree Park — Whitefield Road.
The delivered Bengaluru portfolio is deeper still — Prestige Shantiniketan (one of South India's largest integrated townships, Whitefield), Prestige Lakeside Habitat (Varthur), Prestige Misty Waters (Hebbal), Prestige Jindal City (Tumkur Road), and many more. This breadth across the city's corridors, price bands, and formats is the portfolio context for Prestige Battersea.
Hennur-corridor track record - why it matters here
The most directly relevant credential for a Prestige Battersea buyer is Prestige's delivery on the Hennur corridor specifically:
- Prestige North Point — a delivered premium apartment community in the Hennur area.
- Prestige Augusta Golf Village — a delivered Prestige project on Hennur Road.
This corridor precedent is more significant than the broader portfolio for one reason: it means Prestige has already navigated the Hennur corridor's specific approvals, soil and infrastructure conditions, vendor base, and buyer profile, and has handed over completed homes there. A developer launching into a corridor it has already delivered on carries materially lower execution risk than one entering an unfamiliar micro-market — and for a pre-launch buyer, that corridor-specific delivery history is the credential that should weigh most heavily.
Business segments & segment discipline
How Prestige's sub-brands separate segments and set the specification expectation.
Prestige operates across segments through distinct brand sub-architectures:
| Segment | What it covers |
|---|---|
| Residential | Apartments, villas, integrated townships and plotted developments, including The Prestige City and Prestige Golfshire formats |
| Commercial | Office spaces, built-to-suit campuses, IT parks, warehouses and industrial parks |
| Retail | Forum malls, multiplexes, F&B, luxury retail and performing arts |
| Hospitality | Hotels, convention centres, service apartments, resorts and golf resorts |
| Property management and other services | Property management, interiors, construction contracting, façades, doors and customised furniture |
Prestige Battersea sits in the flagship Prestige premium-apartment segment. The segment discipline matters because it sets the specification and design expectation: a Prestige flagship apartment project carries a different (higher) standard than a Park Drive plotted development, and the buyer can calibrate expectations accordingly.
Diversification - a structural strength
Prestige is not dependent on residential cyclicality for cash flow. The group's commercial, retail, hospitality, and managed-office verticals — Prestige Tech Park, the Forum malls, and hotels including the Sheraton Grand Bengaluru Whitefield, the Conrad Bengaluru and the JW Marriott Prestige Golfshire resort — provide diversified, recurring income that supports residential project funding through the construction cycle. For a pre-launch buyer, this diversification is a second-order risk mitigant: even in a soft residential market, the group's other verticals support its ability to finance and complete its residential projects.
Awards & recognition
Prestige's industry recognition spans multiple CREDAI Real Estate Awards, CNBC-AWAAZ Real Estate Awards, Realty Plus Excellence Awards, the CRISIL DA1+ developer rating, CII Excellence Awards for design and sustainability, and historical Forbes Asia recognition. The awards are a secondary signal; the primary credentials are the delivery record, the listed-developer transparency, and the Hennur-corridor precedent.
What this means for a Prestige Battersea buyer
For a buyer evaluating Prestige Battersea, the developer profile resolves into a clear set of confidence factors:
- Listed-developer transparency — publicly-monitored financials through the construction cycle.
- Delivery scale — 313 projects, 206 million sq ft, the most direct evidence of execution capability.
- Hennur-corridor precedent — completed Prestige projects on the same corridor, lowering execution risk.
- Financial robustness — record FY26 sales, CRISIL DA1+ rating, diversified income.
- Four decades of Bengaluru depth — regulatory relationships, vendor networks, and post-handover experience rooted in the same North Bengaluru pocket the project sits in.
These are precisely the factors that matter most when committing to a pre-launch years before possession, and on each of them Prestige is among the strongest sponsors a Bengaluru buyer can have. The official corporate site is prestigeconstructions.com, and the Karnataka RERA portal for verification is rera.karnataka.gov.in. 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 Battersea — Prestige Group's track record, listing, and Bengaluru portfolio.
Who is the developer of Prestige Battersea?
Prestige Battersea is developed by Prestige Estates Projects Limited, the listed parent of Prestige Group, founded in 1986 and headquartered in Bengaluru. Prestige is listed on the NSE (PRESTIGE) and BSE (533274), and has delivered 313 projects and 206 million sq ft 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 disclosures, audited financials, independent directors, and a big-four auditor — gives a pre-launch buyer a verifiable monitoring framework through the construction cycle.
How many projects has Prestige delivered?
As of December 2025, Prestige had delivered 313 projects and 206 million sq ft across all verticals, including 162 residential projects / 142 million sq ft, with 44 projects / 95 million sq ft ongoing and 31 projects / 42 million sq ft planned — among the largest delivery records of any Indian developer.
Has Prestige built on Hennur Road before?
Yes. Prestige North Point and Prestige Augusta Golf Village are completed Prestige projects in the Hennur area. This corridor-specific delivery precedent means the developer already understands the corridor's approvals, vendor base, and buyer profile, which lowers execution risk on the Prestige Battersea pre-launch.
What were Prestige's FY26 financial results?
Prestige posted a record FY26 sales print of ₹30,024.5 Cr, with collections of ₹18,514.6 Cr, revenue from operations of ₹12,685.4 Cr (+72.6% YoY), and a consolidated net profit of ₹1,195.5 Cr (+155.7% YoY). It holds a CRISIL DA1+ developer rating, among the highest issued in India.