Prestige El Palacio

The Prestige Group is one of the foremost names when it comes to Indian real estate and was founded in the year 1986. Prestige Builders has a significant presence in cities like Bangalore, Chennai, Kochi, Hyderabad, Goa and Mangalore. The portfolio of Prestige properties covers residential, commercial, retail, hospitality and rental and resale segments. The Group posted a turnover of INR 3, 500 crore+ for FY15. The Group is spearheaded by Irfan Razack who holds office as its CMD and also his brothers Noaman and Rezwan Razack.

With regard to Prestige real estate projects, 192 projects have been completed by the Group which cumulatively cover more than 64.12 million sq. ft. and there are around 65 ongoing projects which span 67 million sq. ft. in all. There are 34 upcoming projects as well which collectively cover 41.38 million sq. ft. of top class realty space. The Group has its own interior designing outfit which is called the Morph Design Company (MDC) and has successfully built major residential townships, landmark shopping malls, tech parks, luxury villas, hotels, SEZs and luxury villas alike.

The Group has the largest mall in Chennai, namely the Forum Vijaya Mall to its credit in addition to several other landmark projects. The Group has also introduced reputed international brands to South India including Marriott International, Hilton Group, Oakwood, Banyan Tree and more. The Group has launched The Aloft at the Cessna Business Park in partnership with Starwood Hotels & Resorts Worldwide and will also be launching the Sheraton Hotel in the future. The Prestige Group is primarily based in Bangalore and is the only developer in the city to receive the coveted FIABCI award for residential and software facilities. Prestige is India’s sole CRISIL DA1 rated Developer and has also earned the ICRA A-financial rating.

Why Prestige?

Prestige Developers continually aims at exceeding customer expectations and setting new quality benchmarks. Prestige Realty is known for its emphasis on transparency, innovation and upgraded systems and processes. The Group believes in total transparency in all communication with customers and there are no hidden clauses or other legal loopholes that customers have to encounter. The Group counts immense experience, industry recognition and its solid track record as key USPs.

All Prestige residential projects are developed with the help of cutting edge technology and are also environment friendly and sustainable. The Group believes in impeccable project planning, development and management. The Quality Management System of the Group adheres to ISO 9001: 2000 guidelines and also ensures optimum value for the investments made by clients. The Group adopts best practices for safe, timely and reliable construction of projects and keeps construction wastage to a nondescript 5%. The Group believes in continually garnering customer feedback and developing projects based on the same.

Major Projects

There are several landmark Prestige projects that have earned both critical acclaim as well as customer appreciation over the years. Some of these include the following-

• Prestige Acropolis- One of Bangalore’s earliest premium residential projects, this pays an awe inspiring tribute to classical Greek design and architecture
• Prestige Golfshire- The first golf villa development in South India that is set against the majestic Nandi Hills and spans 275 acres. There is an 18 hole championship sized golf course in addition to a luxury spa, private lake and the Marriott International hotel among other attractions
• Forum Mall- Kicked off Bangalore’s mall revolution and is arguably the city’s first successful retail destination
• Prestige Shantiniketan- The first fully integrated township project in South India
• Prestige Lakeside Habitat- This is the biggest development by the company and offers a whopping 3, 428 apartments and 271 villas over 102 acres. This project offers Disney themed residences to residents.