Company snapshot
| Item | Detail |
|---|---|
| Legal name | Prestige Estates Projects Limited |
| Brand | Prestige Group |
| Founded | 1986 |
| Headquarters | Bengaluru, Karnataka |
| Listed | NSE (PRESTIGE) and BSE (533274) |
| Chairman & Managing Director | Irfan Razack |
| Joint Managing Director | Rezwan Razack |
| Whole-time Director | Noaman Razack |
| Director, Corporate Communications | Uzma Irfan |
| Projects delivered (Dec 2025) | 313 across all verticals |
| Total area delivered | 206 million sq ft |
| Residential delivered | 150 projects / 127 million sq ft |
| Residential ongoing | 37 projects / 65 million sq ft |
| FY26 sales | ₹30,024.5 Cr (record) |
| FY26 net profit | ₹1,195.5 Cr (+155.72% YoY) |
| Developer rating | CRISIL DA1+ |
| Active geographies | Bengaluru, Hyderabad, Chennai, Kochi, Mangalore, Goa, Pune, Mumbai, NCR |
Heritage
Prestige was founded in 1986 by Irfan Razack and his brothers, building from a tailoring-business family background into Bengaluru's most consequential premium-residential developer brand. The early years established Prestige's reputation for architecturally articulate apartments in Bengaluru's premium localities — Kalyan Nagar, Indiranagar, Whitefield — at a time when the city's apartment culture was still nascent.
Two structural decisions in the 2000s shaped the modern company: a 2010 IPO listing on the NSE and BSE, and a parallel expansion into commercial, retail, hospitality, and managed offices that turned Prestige from a residential developer into an integrated real-estate platform. The Forum Mall portfolio, the UB City development, and the Oakwood Premier Prestige hotel are commercial-vertical anchors of this period.
The 2010s and 2020s broadened the geographic footprint nationally — Hyderabad, Chennai, Goa, Kochi, and the Mumbai western suburbs — while the residential business scaled to record sales. The diversified portfolio means Prestige is not dependent on residential cyclicality for cash flow, a structural strength that supports residential project funding through the construction cycle.
Leadership
- Irfan Razack — Chairman & Managing Director. The public face of the brand and a recurring voice in industry forums on real-estate regulation, RERA implementation, and the structural evolution of Indian residential demand.
- Rezwan Razack — Joint Managing Director. Runs the retail, commercial, and hospitality verticals — the Forum Mall portfolio, the hospitality assets, and the Grade-A office portfolio.
- Noaman Razack — Whole-time Director. Focuses on design and customer experience, with emphasis on the retail and leisure verticals.
- Uzma Irfan — Director, Corporate Communications. Leads branding, media, and CSR activity.
The Razack family's structured leadership distribution — each member with a defined operational vertical — is one of the company's institutional features.
Delivery track record
Prestige's delivery record is among the deepest in Indian real estate:
- 313 projects delivered across all verticals as of December 2025
- 206 million square feet delivered
- 150 residential projects / 127 million square feet delivered
- 37 residential projects / 65 million square feet ongoing
- 30 residential projects / 75 million square feet planned
For a buyer assessing a pre-launch project, this record matters because it demonstrates the developer's repeated ability to take projects from launch through construction to handover and resident occupation — across market cycles, across cities, and across product segments from mid-premium apartments to integrated townships.
Financial standing
Prestige's financial position is fully disclosed as a listed company:
- Listed on NSE (PRESTIGE) and BSE (533274) since 2010
- FY26 sales of ₹30,024.5 crore — a record for the company and one of the largest sales prints for any Indian listed real-estate developer
- FY26 collections of ₹18,514.6 crore
- FY26 revenue from operations of ₹12,685.4 crore (+72.60% YoY)
- FY26 consolidated net profit of ₹1,195.5 crore (+155.72% YoY)
- CRISIL DA1+ developer rating — among the highest issued in India
- Big-four auditor with annual audit and quarterly reviews
- Detailed coverage by major equity-research desks
This financial depth is directly relevant to a pre-launch buyer: it is the balance-sheet strength that funds a project through its construction cycle independent of the pace of its own sales, reducing the risk of construction delays caused by developer cash-flow stress.
Brand portfolio
| Brand / segment | Positioning |
|---|---|
| Prestige (flagship) | Premium and luxury apartments, integrated townships, signature projects |
| Aston Park, Park Drive, Park Square | Plotted developments and gated-community formats |
| Forum Mall | Retail and lifestyle malls |
| Oakwood Premier Prestige | Hospitality (hotels and serviced apartments) |
| Prestige Tech Park | Grade-A commercial office campuses |
| The Collection | Curated high-luxury bespoke residential |
The segment separation lets each price point carry its own design and specification expectation. Prestige Forest Edge sits within the flagship Prestige residential segment, pitched as an accessible premium-apartment product on the Kanakapura Road corridor.
Bengaluru and Kanakapura Road portfolio
Prestige's Bengaluru depth is the foundation of its credibility on a project like Forest Edge. The city portfolio spans:
Active and recently launched:
- Prestige Falcon City Luxe — Kanakapura Road. Premium apartments, on the same corridor as Forest Edge.
- Prestige Park Street — Devanahalli. Pre-launch luxury 1, 2, 3 BHK on the airport corridor.
- Prestige Evergreen — Varthur / Whitefield. 1, 2, 3, 3.5, 4 BHK apartments.
- Prestige Park Ridge — Bannerghatta Road. Premium apartments.
- Prestige Highland Hideaway — Whitefield. Premium apartments.
Delivered (indicative):
- Prestige Shantiniketan — Whitefield. One of South India's largest integrated townships.
- Prestige Lakeside Habitat — Varthur. Luxury lakeside apartments.
- Prestige Falcon City — Kanakapura Road. Apartments plus the Falcon City Mall.
The Kanakapura Road presence is the most relevant: Prestige Falcon City and Falcon City Luxe give the developer direct, recent delivery and sales experience in this exact micro-market — the same corridor, the same buyer profile, the same approvals environment in which Forest Edge is being built.
Awards and recognition
- Multiple CREDAI Real Estate Awards across Bengaluru, Hyderabad, and Chennai
- CNBC-AWAAZ Real Estate Awards for residential and integrated developments
- Realty Plus Excellence Awards across multiple categories
- CRISIL DA1+ developer rating — among the highest issued in India
- CII Excellence Awards for design and sustainability
- Industry recognition from FICCI and the trade press
What differentiates Prestige
- Three decades of Bengaluru depth — vendor networks, regulatory relationships, design standards, and post-handover delivery experience that few developers can match in this city.
- Listed-developer transparency — quarterly NSE / BSE disclosures, audited financials, independent directors, and a big-four auditor provide a verifiable monitoring framework through the construction cycle.
- Diversified portfolio — commercial, retail, hospitality, and managed offices in addition to residential, insulating project funding from residential cyclicality.
- Brand depth across segments — from mid-premium to ultra-luxury, with separate brand sub-architectures.
- Joint-development capability — Prestige routinely structures joint-development agreements with landowners, an important capacity for assembling parcels in established Bengaluru localities.
- National-scale execution — nine cities, 313 projects.
What this means for a Forest Edge buyer
For a buyer evaluating Prestige Forest Edge at the pre-launch stage, the developer profile converts much of the usual pre-launch uncertainty into a monitorable framework:
- Delivery confidence comes from the 313-project, 206-million-square-foot record and the developer's direct Kanakapura Road experience.
- Financial confidence comes from the listed status, the record FY26 sales, the CRISIL DA1+ rating, and the diversified cash-flow base that funds construction through the cycle.
- Transparency comes from the quarterly NSE and BSE disclosures and the big-four audit, which let a buyer track the company's standing throughout the build.
- RERA discipline comes from the company's consistent registration cadence as a matter of corporate practice.
Prestige's buyers tend to be informed, and the company's house style is restrained, data-led communication — which is the posture this microsite adopts in describing Forest Edge. The project should be assessed on its specific merits (corridor, configuration, pricing, timeline), but the developer behind it is one of the strongest delivery and transparency profiles available to a pre-launch buyer in Bengaluru.
Other verticals and why they matter
Prestige is not solely a residential developer, and its other verticals are relevant to residential buyers in a specific way. The group operates a substantial Grade-A commercial office portfolio (Prestige Tech Park and others), a retail and malls portfolio (the Forum Mall brand), a hospitality portfolio (serviced apartments and hotels), and a managed-office business. This diversification means the company's cash flow is not dependent on the residential cycle alone — commercial rentals, retail income, and hospitality revenue provide a base that supports residential project funding through construction even when residential sales slow. For a pre-launch residential buyer, this is a meaningful structural comfort: the project's funding is less exposed to a single revenue stream than it would be at a pure-play residential developer.
How to independently verify the developer
A prudent buyer does not take a developer profile on trust. For Prestige, independent verification is straightforward because the company is listed and extensively documented:
- Financials and disclosures: the quarterly and annual results, investor presentations, and shareholding are available through NSE (PRESTIGE) and BSE (533274) filings and the corporate investor-relations site.
- Delivery record: completed Prestige communities across Bengaluru can be visited and their resident experience assessed directly.
- RERA registrations: the company's project registrations are searchable on the Karnataka RERA portal, which discloses approvals, timelines, and quarterly progress for each registered project.
- Equity research: major brokerage desks publish detailed coverage of the company, providing an independent third-party read on its financial standing and execution.
The official corporate site is prestigeconstructions.com. To learn more about Prestige Forest Edge specifically — the configurations, pricing, location, and timeline — explore the overview, floor plans, location, and price pages, or submit an enquiry on the contact page.
Prestige Forest Edge developer FAQ
Common questions on the developer, the track record, the financial strength, the Kanakapura Road portfolio, and how to verify Prestige independently.
Who is the developer of Prestige Forest Edge?
Prestige Estates Projects Limited, trading as Prestige Group — among India's largest publicly listed real-estate developers, founded in 1986 by Irfan Razack and his brothers, headquartered in Bengaluru, and listed on the NSE (PRESTIGE) and BSE (533274) since 2010.
What is Prestige Group's track record?
Prestige has delivered 313 projects and 206 million square feet across all verticals as of December 2025, including 150 residential projects and 127 million square feet, with 37 residential projects and 65 million square feet ongoing — one of the deepest delivery records in Indian real estate.
Is Prestige Group financially strong?
Yes. As a listed company, Prestige reported FY26 sales of Rs 30,024.5 crore (a record), a consolidated net profit of Rs 1,195.5 crore (+155.72% YoY), and carries a CRISIL DA1+ developer rating — among the highest issued in India — with a big-four auditor and quarterly NSE and BSE disclosures.
What other projects has Prestige built on Kanakapura Road?
Prestige operates Prestige Falcon City (apartments plus the Falcon City Mall) and the pre-launch Prestige Falcon City Luxe on Kanakapura Road, giving it direct, recent delivery and sales experience in the same corridor and buyer profile as Forest Edge.
How can I independently verify Prestige Group?
Prestige is listed and extensively documented — its quarterly and annual results and shareholding are available through NSE (PRESTIGE) and BSE (533274) filings, its RERA registrations are searchable on the Karnataka RERA portal, completed communities can be visited, and major brokerage desks publish independent coverage.
Learn more about Prestige Forest Edge
Submit an enquiry to receive the project information set, the indicative cost sheet, and a site-visit slot for the developer's pre-launch 1, 2 and 3 BHK community on Kanakapura Road.
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