
Prestige : Adds Prestige To Your Life
The vision of Razack Sattar, later carried forward by his sons, including Irfan Razack (Chairman & MD), Rezwan Razack, and Noaman Razack, grew from a family-run enterprise into one of India’s most respected real estate companies. Their combined leadership has transformed Prestige from a Bangalore-focused builder into a pan-India powerhouse. It is today a diversified conglomerate. With nearly four decades of experience, the group has developed over 280 completed projects, spanning residential, commercial, retail, leisure, and hospitality. While Prestige’s legacy is firmly rooted in South India, its foray into Mumbai marks an important strategic expansion. Prestige Group’s culture reflects its roots, a mix of entrepreneurial drive and strong family values. A classic positioning line, often paraphrased, is “Adds prestige to your life”, highlighting how their projects elevate lifestyles.
Over the years, the group has emphasized:
- Customer trust and satisfaction as the core of its business model.
- Long-term vision: Many of its projects are designed as city-scale developments that integrate work, leisure, and living.
- Community-first design: By developing malls, tech parks, and integrated townships, Prestige creates ecosystems rather than just standalone structures.
- Emotional connection: Their campaigns emphasize themes like joyful living forever and memories built in Prestige homes.
This emphasis on holistic development sets Prestige apart from developers who focus solely on housing units. Mumbai, with its ever-evolving skyline and premium property demand, offers both challenges and opportunities.
Here are some notable projects:
- Prestige Nautilus (Worli - 2025)
An ultra-luxury residential development in the heart of Worli, one of Mumbai’s most sought-after addresses. Nautilus embodies Prestige’s hallmark of high-end design and exclusivity.
- Prestige Daffodils (Bandra - 2025)
A residential project catering to families looking for luxury living in the suburbs. It reflects the group’s commitment to delivering quality across both luxury and mid-segment markets.
- The Prestige City (Mulund 2026-30)
A township-style development in Mulund, offering an integrated lifestyle with housing, amenities, and open spaces. This project demonstrates Prestige’s focus on large-scale, self-sustaining communities.
- The Prestige City (Mira Road - NA)
Scheduled for completion in 2030, a large-scale development featuring 5 towers with configurations ranging from 1BHK to 3BHK. The project is currently 10% complete as of September 9, 2025.
- Retail Expansion
Through Forum Malls, Prestige is expanding its retail presence into Mumbai, further diversifying its urban contribution. Forum malls are already household names in South India and are poised to replicate that success in the financial capital.
Prestige’s diversification into logistics, data centers, and large-scale retail has drawn positive media coverage as Prestige is evolving from a developer into a multi-sector city-builder. Their recent MoUs in Maharashtra highlight their ambition to play a bigger role beyond housing, positioning themselves as infrastructure enablers. Through luxury towers, townships, and malls, Prestige is embedding itself into Mumbai’s real estate fabric. Prestige Group’s entry into Mumbai is more than just geographical expansion — it’s a natural evolution of a brand built on legacy, trust, and innovation. For homebuyers, investors, and urban enthusiasts, following Prestige’s journey in Mumbai offers a glimpse into how India’s leading real estate companies are shaping the cities of tomorrow.
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