Having sparked the retail revolution in Southern India, Bengaluru-based Prestige Group boasts a diverse portfolio with 195 completed projects spread across 67 million sq ft, 65 ongoing projects across 70 million sq ft, and 36 upcoming projects across 48 million sq ft.
Irfan Razack, Chairman and Managing Director, has steered the company to evolve into a well-diversified and thought-forward leader in Indian real estate, with the development of landmark projects such as UB City, Prestige Shantiniketan, Prestige White Meadows and Prestige Summer Fields in Bengaluru.
With a total built-up area of 16 lakh sq ft, UB City is a mixed-use development with luxury retail, food and beverage outlets, offices and serviced residences, an 800-seat amphitheatre, the largest triple-level puzzle parking system for close to 16,000 cars, and the tallest structure in Karnataka, UB Tower.
An integrated township spanning 105 acre, Prestige Shantiniketan combines residential apartments with large open spaces, 3.5 million sq ft office space, a shopping centre and Sheraton Grand Hotel. Also, the company´s recently completed Prestige White Meadows offers ultra-luxury homes - conventional architecture has been combined with modern construction technology with extensive use of clay tile cladding on the exteriors and natural stone like granite and marble on the interiors.
The company´s ongoing residential project Prestige Summer Fields, spread across 12 acre, is being built with villas designed to absorb maximum natural light and ventilation, along with sloped roofs covered with shingles to allow good rainwater drain-off.
To further its growth, Prestige Group believes in relevant development for the local community along with sustainability in terms of local needs and existing infrastructure. The company´s dream project is to develop a vibrant public space through the restoration of Ulsoor Lake, which is currently being undertaken by the group.
Year of Establishment: 1986
Areas of Operations: Bengaluru, Mysuru, Mangaluru, Chennai, Hyderabad, Kochi, Goa
Types of Projects Delivered: Residential, commercial, retail, leisure and hospitality, tech parks, SEZs, mixed-used, integrated townships