Who Is The Founder Of Prestige Group Bangalore

Prestige Group Bangalore is a famous property dealing firm in Karnataka. The real estate company started its journey in the early 1980s. It has almost 37 years of industry experience. The firm completed more than 150 successful projects on millions of square feet.

Razack Sattar is the founder of Prestige Group Bangalore. He was initially into retail and then moved to real estate. He has brought the business into the family and passed it down in his family.

Background of the founder

Razack Sattar, the founder of the company, was an ordinary man who did jobs in many roles. In the initial days of 1950, he sold fabrics and worked as a tailor. Then, in the middle of the 1980s, the founder started his work as a broker between property sellers and buyers. He got the idea of property quality, timely delivery and spotting prime locations during this time.

He used his life lessons from different roles in the real estate business. That is the reason behind the firm's leading position. His sons, Mr Irfan and Mr Rezwan extended the company's journey with much effort and hard work. The company also became a symbol of success. Their journey was from ‘local boys’ of Bangalore to the leading property dealers.

Background of the company

It was founded in 1986 in the southern Indian state of Karnataka. From its founding year, it began its journey to becoming a successful real estate firm. The company got ISO 9001:2008 certification. The company's first project was Prestige Court, located on KH Road, Bangalore.

By 2023, the company has delivered 192 projects in 64 million sq ft of land. It is now home to popular property areas in South India. It is the developer of many MNCs, commercial, residential, hospitality and retail properties. The firm is based in Bangalore but works on projects in other places, like Mumbai, Kochi, Kerala, Hyderabad, Chennai, and Calicut.

Per a popular website report, Prestige Group Bangalore has Rs.11,456 net worth. The company gradually improved and built a company that made a net worth of Rs. 12,930 crores in FY 2023. The company owns assets of 5.05 billion dollars, as per the 2023 financial report.

The founder and other authority members are aware of the quality, location, materials and delivery of the projects. That is why it has the potential to see more growth in the near future.

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