Prestige is one of the top-rated property brands in India. The firm has developed several landmark sites throughout the length of the country in all major cities. Prestige Builders have received excellent reviews from end users, stakeholders, and investors. The brand has stood as a synonym for quality and trust for more than 35 years now.
Prestige Group came into being in 1986 and has its head office based in Bengaluru. The group has shaped the real estate market of several prime cities in the country. The modern and innovative approaches of the builder have earned them clients from national and international arenas. The firm takes pride in completing more than 270 projects and many more in the pipeline.
Prestige has delivered more than 150 M sq ft of area to its esteemed occupants. More than 160 M sq ft of the area has been reserved for future development. The firm, with each new project, has only got better in its approach and methodologies to deliver world-class real estate concepts. Prestige is the only realty firm in the country to be certified with DA1 + rating by CRISIL.
Prestige is the only developer in South India covering diverse real estate segments from residential to retail. The firm has pioneered many vestige housing sites that have set an example for fine urban living. Prestige residential projects are known to create luxury living with the best home artistries and amenities.
Their residential market includes large townships, mixed developments, villa projects, and plot ventures. The housing ventures feature homes in 1, 2,3, and 4 BHK forms. These homes are well-built with spacious designs and global fittings. Prestige projects have received fabulous reviews from customers. The brand is the top choice of investors when it comes to home or plot buying in India.
The commercial complexes of Prestige have set a milestone in this arena. The projects like Prestige Tech Park in Bangalore and Prestige Liberty Towers in Mumbai are the epic Techno addresses of the country. These projects have occupancies from top IT, BT, E-COM, and ITES firms. They are the most sought office spaces in the country with perfect office layouts.
The prestige Hospitality segment has received global reviews and gratitude for its top and eminent outlines. Prestige is among the world’s renowned leaders in providing premium hospitality ventures. The Sheraton Grande and Conrad in Bengaluru are the two leading projects in this genre.
The retail legacy of Prestige is laudable with its landmark ventures. The Forum malls in various cities have created a revolution in the retail market. The UB City in Bangalore is India’s first luxury shopping mall crafted by Prestige.
Prestige has been creating spaces in all genres that have inspired its owners towards exemplary living. The firm has completed 268 projects covering 150 M sq ft. The count of ongoing projects is 45, covering an area of 66 M sq ft. There are 52 projects in the pipeline with an area cover of 88 M sq ft. Along with these figures, the firm owns a land bank of 375 acres with a potential development space of 27 M sq ft.
As per the company’s annual report for FY 2021 - 2022, the firm has achieved the pre-sales of INR 1 03,822 Million. The firm has also set records in collection amounts scaling around INR 75 Million. This is their highest pre-scales and collection amount to date.
The firm has completed 133 residential projects across 103 M sq ft. A total of 114 commercial projects were completed across 37 M sq ft. In the retail arena, 12 malls were completed across 7.56 M sq ft. The hospitality segment has covered 9 projects amounting to 1368 keys. The firm has won several awards and appreciation for its achievements in the real estate domain.
Prestige Group prelaunch apartment is Prestige Serenity Shores.