Know Your Company: 🏢 Prestige Group

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"Building Landmarks, Enriching Lives"

1. Company Snapshot

🌍 Headquarters: Bengaluru, Karnataka
🌐 National Presence: 12 cities | 280+ projects
📅 Founded: 1986 | 🏦 Private Ownership
👥 Employees: 3,000+ | 🏗️ Ongoing Projects: 75 msf
💻 CareersPrestige Careers


2. Mission, Vision & Values

🧬 Mission:
“To create exceptional spaces that enhance quality of life”

👁️ Vision:
“To be India’s most respected real estate brand”

🌟 Core Values:

  1. Integrity First
  2. Design Innovation
  3. Customer Delight

Culture: 4.3/5 AmbitionBox | “Quality-focused with strong ethics”


3. Key Leadership

RoleNameLeadership Style
ChairmanIrfan RazackVisionary Developer
MDRezwan RazackOperational Expert

4. Key Milestones

2005: Launched Prestige Shantiniketan (Bangalore landmark)
2015: Entered commercial segment with Manyata Tech Park
2021: ₹5,000cr sales milestone
2023:

  • Launched Prestige City Hyderabad
  • Won “Best Developer – South India” award

5. Business Model & Position

💰 Revenue Streams:

  • 60% Residential
  • 30% Commercial
  • 10% Retail/Hospitality

🆚 Key Competitors:

CompanyFocus Area
Brigade GroupSouth India Focus
Sobha LimitedPremium Residential

6. Industry Trends & Challenges

📈 Opportunities:

  • IT/ITeS demand in Bangalore
  • Mixed-use developments
  • High-end plotted developments

⚠️ Challenges:

  • Land acquisition costs
  • Southern market concentration

7. Financial Position (FY23)

MetricValue
Annual Sales₹6,200 crore
Debt-to-Equity0.7
Rental Income₹850 crore

8. SWOT Analysis

💪 Strengths:

  • Dominant Bangalore position
  • Strong commercial portfolio

📉 Weaknesses:

  • Limited North India presence
  • Lower brand recall outside South

🌱 Opportunities:

  • Hyderabad market expansion
  • REIT opportunities

⚠️ Threats:

  • New foreign competitors
  • Rising construction costs

9. Recent Developments

🏗️ Projects:

  • Prestige Ocean Towers (Mumbai)
  • Prestige Tech Park (Bangalore)

🤝 Partnerships:

  • JV with ADIA for commercial projects

10. Interview Toolkit

Must-Know:

  • “Prestige City” township model
  • Commercial portfolio performance

Smart Questions:
“How is Prestige Group balancing residential and commercial growth?”


11. Conclusion

Prestige Group leads through:
🔹 Unmatched Bangalore presence
🔹 Diversified project portfolio
🔹 Strong Razack family leadership

Ideal for: Construction, sales, and project management professionals.


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