There are several developers of real estate in Bangalore who are all more or less famous and are trusted among the buyers. But when it comes to one of the biggest and the best developers in Bangalore, the first name that comes to everyone’s mouth is none other than the Prestige Group. The total area of the completed projects by the Prestige Group spans to an area of about sixty – four million square feet and 192 is the number of completed projects. There are several ongoing projects of Prestige Group which would further increase the area and the number of completed projects by this group.
About Prestige Group
Prestige Group is one of the biggest and the best developers of real estate in Bangalore, was founded in the year 1950 but as a tailoring shop and fabric selling for men known as the Prestige House for Men in the commercial streets of Bangalore. It was founded by Razack Sattar who was born in Bangalore on the 18th of April 1927. His two sons Irfan Razack and Rezwan Razack started working with him during the year 1960 and 1970 respectively. When the business grew his youngest son Noaman Razack joined him as well. Thus, beginning its journey from retail business, the Prestige Group moved in the real estate business in the year 1986 with its first project called the Prestige Court at K H Road in Bangalore expanding to where it stands currently.
Types of Projects of Prestige Group
Residential Projects – These projects are solely for the purpose of domestic living. The Prestige Group has several ongoing and upcoming residential projects in Bangalore, Chennai, Hyderabad, Kochi, Mangalore providing all the facilities that people are looking to make their house a dream home.
Commercial Projects – Besides the upcoming residential projects in Bangalore¸ there are some ongoing and upcoming commercial projects as well in Bangalore and Chennai. These commercial projects are generally offices spaces for some corporate houses or multinational companies.
Hospitality – Prestige Group has to its name of constructing some of the best hotels and spas in Bangalore and thereby proving its versatility in all the sectors of real estate development. This is one of the reasons for Prestige Group being a developer of high repute in Bangalore.
Retail –In the retail sector as well, the Prestige Group is very popular. It has constructed some of the best malls in different locations like the famous U B City in Bangalore, The Forum Mall in Koramangala, The Forum Vijaya Mall in Chennai, the Forum Sujana Mall IN Hyderabad are the some of the completed projects. The upcoming shopping mall by the Prestige Group is the Forum Centre City in Mysore.
Rental Properties – There are several residential and commercial properties available on rent constructed by the Prestige Group.
Ready to Move in – There are some of the properties which are just ready to move in immediately. One just needs to complete the payment and take possession.
Thus, it can be well understood that Prestige Group is one of the developers to watch out in future in Bangalore.