10 facts of Prestige group which will help investors

Prestige group Directors

1. Prestige group is one of the auspicious and well-respected Business groups of India.It was founded by Mr. Razack Sattar , father of current  CMD of the Prestige group i.e. Mr. Irfan Razack.It all started way back in 1950 when Mr. Sattar started a tailoring as well as a fabric selling shop named as “Prestige house”  for only men.His sons Mr. Irfan Razack and Mr. Rezwan Razack used to support him at his shop.When the business gained it heights and 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 and should have a clear goal in the mind in order to succeed great heights.

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

3.The group’s achievements in the real estate sector are not finished yet and currently, there are 63 projects which are in the ongoing phase that covers up 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 and learned 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 the capital market(Stock Market) with the public offering of Rs. 1200 Crore.Now, this honored group has emerged as a conglomerate and has various different businesses in the country.Morph design company, founded by Ms. Anjum Jung, is a Prestige group’s company which provides super awesome interior designing, furniture and window dressing.Prestige fashion Private limited is another Prestige group’s company which is into retail stores that have licensed franchisees of top class fabric and clothing brands such as Raymond, Mochi, metro, Manish, Louis Philippe, Prestige the Man store.Hence whether you want to design/decorate your interiors or you want to have a ravishing style Prestige group is there for you.

5.The major USP (competitive advantage) of the Prestige group which distinguishes themselves from the rest of their competitors is that it is the only real estate builder in South India which has the expertise in building world class infrastructures including one of the best apartments in India ,Retail shops, Leisure, and Hospitality segments.Therefore they can help and advise a variety of prospects.

6.By gaining the acclaimed quality experience of building 199 projects within Bangalore, the group then expanded their operations(Technical know how and work) to the other cities of South India i.e. Cochin, Mysore, Mangalore, Chennai, Hyderabad, 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 built and unveiled Chennai’s largest mall i.e. The Forum Vijaya Mall and launched Chennai’s first ever township project( Rs. 1000 Crore) with the partnership of Rattha group.With the Forum Vijaya Mall, they provided all stuff of variety of brands so that people can buy all commodities/stuff within the same roof.They also launched Luxury Villas in the city in 2013.

8.Now the Prestige group is distinguished for their innovation and has given a lot of “firsts” in their “category” examples which resultantly helped people of South India to have a glimpse of the “Firsts”.Some of their innovative works which were “First in their category” include :-  

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

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

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

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

9.In the recent times, Prestige group launched an IOS application(A software application) for their prospective and existing customers for giving all latest and complete information about their residential as well as commercial projects.

10.Prestige group has launched an innovative Investment Relationship Program which is ranked as 1st in India and 2nd in Asia by Institutional Investor.It helps investors in figuring out how to invest sensibly and smartly.In this time where people search for genuine real estate developer on whom they can trust for the better return on investment and value, Prestige group has evolved and established themselves as one of the leaders in the real estate industry. Further, they  have got great awards from well-recognized organizations .below mentioned are 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

#10factsofprestigegroup which investors should know. #bestapartmentsinindia https://t.co/KMCl9f9SBB pic.twitter.com/ArUFVQuzCr

— Naved ur rehman (@Navedurrehman1) July 27, 2017