Prestige Group

The Razack family owns and runs Prestige Group. Razack Sattar built the base of this business. He began with a small tailoring shop on Commercial Street. That was back in the 1950s. He formally launched Prestige Group as a builder in 1986. His three sons carried the business forward from there. Irfan Razack, Rezwan Razack, and Noaman Razack now lead the group together.

Irfan Razack serves as Chairman and Managing Director. Rezwan Razack holds the Joint Managing Director role. Noaman Razack sits on the board as Director. Forbes has featured Irfan Razack on its India Rich List. This places him among the country's richest promoters. His exact net worth shifts with the stock price. Treat any single fixed figure with some caution. The share price and market value give a steadier read on current worth.

Venkat K Narayana holds the CEO role at Prestige Group. He spent nine years as Chief Financial Officer first. In total, he has worked with the group for over 14 years. Irfan Razack has openly praised this long working partnership. Together, they run day-to-day operations across every business line.

Prestige Estates Projects trades on both the NSE and BSE. Its ticker on both exchanges is PRESTIGE. The stock moved between roughly ₹1,589 and ₹1,690 in early August 2026. Its 52 weeks range runs from ₹1,090 to ₹1,805. This is based on July 2026 data. Market value sits close to ₹68,000 Cr. That makes it a major mid-cap stock on Indian exchanges. Live prices shift daily. Check your broker app or the NSE website for the latest quote.

ICRA rates the company A+, with a Stable outlook. This covers its long-term bank facilities. CRISIL separately grades Prestige Estates Projects as DA1+. That is the top grade CRISIL gives any Indian developer. Together, these ratings point to steady delivery and strong finances.

Buyers often compare Prestige against other listed developers in South India. Prestige holds a real edge here. It leads on total scale, project count, and delivery history. This is one reason buyers treat a Prestige address as a safer long-term bet. That view holds true for Prestige Pavilion too.

Prestige Estates Projects had a record year through FY26. Annual pre-sales crossed ₹30,024 Crore. That marks a 76% jump over the year before. It was also the first time sales crossed ₹30,000 Crore in one year. Bookings built up fast right through the year. Q1 FY26 alone brought in over ₹12,126 Crore. That was a four-fold jump from the year before. Momentum held strong into Q4. That quarter closed with roughly ₹7,697 Crore in fresh bookings.

This growth did not happen by chance. It reflects steady demand across the group's core markets. These include Bengaluru, Mumbai, the NCR belt, Hyderabad and Chennai. Mysuru, home to Prestige Pavilion, sit within this same growing footprint.

Prestige Group's project pipeline shows real depth. Every stage of delivery carries real scale behind it.

Residential projects make up the largest share of this list. Commercial and retail projects add further scale. A growing hotel business sits alongside both. This spread gives buyers real trust in long-term delivery. That trust extends to boutique launches too, such as Prestige Pavilion.

Prestige Pavilion sits inside a wider Prestige push into Mysuru. The group has also announced a larger township nearby. That project spans more than 45 acres, in the same Huyilalu belt. A project of that size rarely arrives alone. It tends to draw more buyers to the same stretch of road. It also draws more roads, more services, and more builder interest.

For a Prestige Pavilion buyer, this group-level scale matters directly. It backs the promise of on-time delivery with real financial strength. It also helps resale value later. The Prestige name already carries weight across South India.

Prestige Group runs a mixed business, not a single-line model. Its core lines of work include the following.

• Homes, villas, and plotted layouts across major Indian cities
• Office parks and IT campuses, leased to large domestic and global firms
• Retail malls under the Forum brand, including large shopping destinations
• Hotels run with global partners such as Marriott and InterContinental
• Club and leisure assets, including Prestige Golfshire Country Club near Bengaluru
• Property and upkeep services for its own finished projects

This spread lowers the group's risk in any single market cycle. It also means a project like Prestige Pavilion gains from lessons learned across hundreds of past launches.