Prestige Group

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Prestige Group is a well-known real estate company in India. It started in Bengaluru in 1986. Since then, the company has built more than 300 projects in major Indian cities. These projects include homes, office spaces, shopping malls, and luxury hotels. The company works on different types of properties and aims to complete projects on time while following government rules. Its new project, Prestige Sunset Boulevard, is on IVC Road in North Bengaluru. It covers 30 acres and offers more than 350 plots, with prices starting at ₹1.20 Cr. This guide explains the company's history, the types of projects it builds, and how buyers can check property papers before making a purchase.

About Prestige Group


Prestige Group is a major property developer based in Bengaluru. They build quality spaces for regular families and big global firms.

History of Prestige Group


Prestige Group started its business in Bengaluru in 1986. At first, the company focused on building homes and offices in the city. As the real estate market grew, it began to build more types of properties in other cities.

Bengaluru is still the main base for its business. The city's growing IT sector has increased the demand for new homes. Prestige Group has built many projects in East, South, and North Bengaluru.

Over time, the company expanded into other major cities in India. Today, it builds apartments, tech parks, shopping malls, and hotels.

Simple Setup and Goals


The company has separate teams for design, buying materials, and checking legal papers. This helps the teams find and fix problems early. It can also help reduce extra costs and project delays. The company also focuses on strong building methods, water recycling, and lower energy use.

Financial Strength


Prestige Group has a strong financial record and good trust ratings from major banks. This helps the company buy land in good locations and keep building even when the market is slow. Buyers may feel more confident when the company shares clear details about its finances.

Growing Into New Cities


The company expanded quickly into major markets like Chennai, Hyderabad, Kochi, Goa, and Mumbai. They adjust floor plans to match local buyer needs in each area. Having projects across multiple states protects the firm from local market drops.

Key Year What the Company Did Why It Matters
1986 Founded in Bengaluru Brought organized corporate building to the local market.
2010 Launched stock IPO Raised funds to buy larger land parcels across India.
Q4 2026 Launching Prestige Sunset Boulevard Expands their presence in the North Bengaluru airport zone.

Prestige Group Business Segments


Prestige Group works across several areas of real estate. This helps them serve diverse customer groups and lowers market risk.

Residential Projects

Homes are a key part of Prestige Group's business. The company builds apartments, villas, and plots in many parts of India. These housing projects often have green parks, clubhouses, sports courts, walking paths, and swimming pools. Buyers can choose from mid-range flats to luxury plots based on their needs and budget.

Commercial Projects

Prestige Group builds commercial properties such as office parks and tech campuses. These spaces sit in primary business zones with good metro and road connectivity.

Projects like Prestige Tech Cloud Park supply prime office spaces for technology companies and corporate tenants.

Retail Projects

Shopping malls form another core part of the Prestige portfolio. The company developed the 'Forum' brand, creating high-traffic centers with shops, restaurants, and theaters.

These sites sit near dense housing areas to ensure steady footfalls and strong long-term retail value.

Hospitality Ventures

The company partners with global hotel brands like Marriott, Hilton, and Sheraton. They build luxury hotels for business guests and tourists in major cities.

Integrated Townships

Townships are large gated mini-cities that contain homes, stores, schools, and clinics in one area. These big layouts help families save travel time every day.

Prestige Group in Bengaluru

Bengaluru is the primary base for Prestige Group, holding most of its residential developments. The city's massive tech sector creates constant demand for new housing.

Top Locations for Homes

The builder creates housing clusters in major tech hubs like Whitefield, Sarjapur Road, Electronic City, and IVC Road. These locations sit close to main highways and metro lines for easier commutes.

A prime example in North Bengaluru is Prestige Sunset Boulevard, a gated plotted layout on IVC Road.

  • Project Name: Prestige Sunset Boulevard
  • Location: IVC Road, Bengaluru, Karnataka 562110
  • Plot Sizes: 30x40 ft (1,200 sq ft) to 50x80 ft (4,000 sq ft)
  • Base Price: ₹10,000 per sq ft
  • Starting Price: ₹1.20 Cr
  • Launch Date: Q4 2026
  • Possession Date: 2027 onwards (in 3 phases)
  • RERA Status: Applied, awaiting approval

Prestige Sunset Boulevard is about 16 km from Kempegowda International Airport, which takes around 25 minutes by car. The project offers more than 350 plots spread across 30 acres. It has good road links to Bellary Road (NH-44) and State Highway 9 (SH 9). Prestige Tech Cloud Park is about 9.9 km away, while Cambridge Institute of Technology is just 2.5 km from the project. Each plot has its own water, power, and sewage lines. Residents can also use the central parks and a clubhouse with more than 35 amenities.

Things to Check Before Buying a Property


Buying a home or land is a big choice, so you must verify legal papers, real size, total costs, and nearby roads. Checking early stops unexpected problems later.

Checking Legal Status

  • RERA Number: Look up the unique RERA code on the government site to confirm official project end dates.
  • Title Deeds: Check that land papers are clear, legal, and free from past legal disputes.
  • Clearance Certificates: Make sure the builder holds official stamps from fire and environmental boards.

Looking at Costs and Sizes

  • Carpet Area vs. Plot Size: Check the real usable floor or plot space you get, not just the total built-up figure.
  • Extra Costs: Remember to add extra money for stamp duty, registration fees, GST, and power connections.
  • Payment Plans: Choose a construction-linked plan, so you pay money only as specific project stages finish.

Future Growth of Prestige Group

Prestige Group plans to grow by entering new cities and using modern building methods. One such method is precast construction, which can help build towers faster while keeping them strong. The company also plans to add tall residential towers in Mumbai and expand its office spaces in Hyderabad. By using green building features and choosing good land locations, the company aims to support its growth over time.

Frequently Asked Questions


1. Who is the owner of Prestige Group?

Razack Sattar started the company in 1986. Today, his three sons, Irfan Razack, Rezwan Razack, and Noaman Razack, manage business operations.

2. Is Prestige Sunset Boulevard approved by RERA?

The RERA approval for Prestige Sunset Boulevard has been submitted and is currently pending. The team will share the registration number once state authorities grant it.

3. When can buyers get possession of Prestige Sunset Boulevard?

Plot possession is scheduled to start from 2027 onwards, delivered across three planned phases following its Q4 2026 launch.

4. What extra fees come with buying a plot or flat?

You must pay government stamp duty, property registration fees, GST (where applicable), and utility setup charges beyond the base cost.

5. Why do people prefer gated plotted developments on IVC Road?

Gated plot layouts combine full land ownership with ready power, water, paved roads, and 24/7 security. Fast travel to the airport and nearby tech hubs supports strong land value growth.

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