10 Facts About Prestige Group That Will Help You

1. Prestige group is one of the well established and respected Business groups of India. It was founded by Mr. Razack Sattar, father of current CMD of the group i.e. Mr. Irfan Razack. It all started way back in 1950 when Mr. Sattar started a tailoring as well as fabric selling shop named as Prestige house for men.His sons Mr. Irfan Razack and Mr. Rezwan Razack used to work and support him at his shop. When the business grew further his younger son Mr. Noaman Razack also joined them. Their story tells that no matter how small we are, we must aim high in order to succeed great heights.

                                                                Mr. Irfan Razack

2. Initially started as a fabric and tailor shop, however they switched to the real estate and property business in 1986 and launched their first ever real estate project named as Prestige Court at KH Road, Bangalore. And since from inception of their very first project, they have never looked backwards and have completed astonishing 199 projects which span over the regions covering 77.27 million sq ft. across bangalore and the group’s revenue (turnover) crossed Rs. 3518 crore mark in the FY 2015. Furthermore they are an ISO 9001:2008 certified company.Therefore you are into genuine well experienced hands if you invest your hard earned money with them and they will surely help you.

3. Thegroup’s achievements in the real estate sector are not over yet and currently there are 63 projects which are in the ongoing phase that span to the region covering 62.15 million sq ft. Further the group is also planning for 36 upcoming projects that will span to the region covering 47.23 million sq ft. That ensures how well established they are and will surely assist and guide you.

4. Another accomplishment which was achieved by the group was in the year 2010, when the group entered capital market with the public offering of Rs. 1200 Crore. Now the the group has emerged has a conglomerate and has various diversified businesses in the country. Morph design company, founded by Ms Anjum Jung, is a Prestige group’s company which deals into interior designing , furniture and window dressing. Prestigefashion Private limited, is another Prestige group’s company which is into retail stores that have licensed franchisees of world renowned fabric and clothing brands such as Raymond , Mochi , metro , Manish , Louis Philippe , Prestige the Man store .Hence whether you want to design and decorate your interiors or you want to have a lavish style Prestige group is there for you.

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5. The unique selling propagation and competitive advantage of the Prestige group which distinguishes themselves from the rest of their competitors is that it is the only real estate developer in South India which has the expertise in building world class infrastructures including Residential apartments, Retail shops , Leisure and Hospitality segments. Therefore they can help and advise variety of customers.

6. By gaining the quality experience of building 199 projects within bangalore, the group then expanded their operations to the other cities of South India i.e. Chennai , Hyderabad, Cochin, Mysore, Mangalore and Goa.The group raised their flag high there as well and build best in class malls, SEZs, Luxury Villas, Tech parks, Residential apartments etc.

7. In Fact the group build and unveiled Chennai’s largest mall i.e The Forum Vijaya Mall and launched Chennai’s first ever township project with the partnership of Rattha group that was of Rs. 1000 Crore.With the Forum Vijaya Mall they provided all stuff of variety of brands so that you can buy all stuff within same roof.They also launched Luxury Villas in the city in 2013.

8. Now the Prestige group is well-known for their innovation and has given a lot of first in their category examples which ultimately helped South Indians to have a glimpse of the Firsts.Some of their innovative works include :-

a) Prestige Acropolis - First ever premium residential apartments with Greek architecture in South India

b) The Collection,UB City - First Luxurious mall in South India

c) Prestige Golfshire - First Golf Villa Development in South India

d) Prestige Shantiniketan - First wholly township development in South India

9. Recently , Prestige group launched an IOS application for their potential and existing customers for giving all latest information about the projects.

10. Prestige group’s Investment Relationship Program that is ranked 1st in India and 2nd in Asia by Institutional Investor can help investors in figuring out how to invest smartly and sensibly.In this time where people search for genuinity , Prestige group is a brand whom you can trust for a better value as they have got great awards from well respected organizations .Some of the awards got by them are :-

a) Admired Brand of Asia from Asian Brand Conclave

b) FIACI for software and residential facilities

c)Mr. Irfan Razack was given Admired Leader of Asia Award 2014-15