Prestige Group

Prestige Group is one of India's leading real estate developers, headquartered in Bengaluru and run as Prestige Estates Projects Limited. In Bangalore the choice is very wide: homes on nearly every side of the city, from Whitefield and Sarjapura Road in the east to Devanahalli in the north and Kanakapura Road in the south. You can buy an apartment, a villa or a plot, at a finished, ongoing or newly launched project.

The family behind it began in retail, with a tailoring shop on Commercial Street that still trades as Prestige The Man Store. Irfan Razack and his brothers set up Prestige Estates and Properties as a partnership on 1 April 1986. It became a company in 1997 and listed on the stock exchanges in 2010. Irfan Razack is Chairman and Managing Director.

The group has completed more than 300 projects and now works across homes, office parks, malls and hotels. Its scale shows in Bangalore townships such as Prestige Lakeside Habitat at Varthur, spread over 102 acres, and the villa estate Prestige Golfshire near Devanahalli. Among the new launches are Prestige City on Sarjapura Road and Prestige Parklane in Devanahalli.

Recent results show strong demand. Prestige booked Rs. 7,225 crore of home sales in the July-September 2026 quarter, up 20% on a year earlier, and Rs. 13,804 crore across the first half of the year. It plans launches worth over Rs. 40,000 crore in the coming quarters. CPP Investments of Canada is putting Rs. 3,000 crore into its hotel business for a stake of about 27%.

Before you book, look up the RERA registration for the exact phase you are buying into, since large Prestige townships are often split into several. For ongoing and new projects, compare the promised date with the handovers of the builder's earlier phases in the same area. Several launches list possession in 2030 or later, so plan your finances for a long wait. Ask for a cost sheet that shows parking, club charges, GST and deposits.

With a builder this large, the resale market is active too. A finished flat in an older Prestige project can cost less per square foot than a new launch nearby, and you move in at once.

The price spread is wide. Starting prices run from about Rs. 43 Lakhs for compact 1 and 2 BHK homes to around Rs. 15 Crore for bungalows at Prestige White Meadows in Whitefield. First-time buyers usually look at the 1 and 2 BHK towers in the townships. Families upgrading tend to compare the 3 and 4 BHK layouts, and investors often weigh plots around Devanahalli, Jigani and Sarjapura Road.