Prestige Estate Projects commenced operations as a partnership firm constituted under the Indian Partnership Act, 1932 on April 1, 1986 under the name and style of Prestige Estates and Properties. The partners of the firm were the Late S Razack, Irfan Razack, Rezwan Razack and Sameera Noaman.
The name of the firm was changed to Prestige Estates Projects by a supplementary deed of partnership dated May 12, 1997. The firm was registered as a private limited company under Part-IX of the Companies Act, 1956, on June 4, 1997 with the name as Prestige Estates Projects Private Limited. All the business and property of the erstwhile partnership firm therefore became vested in the company. The company was converted to a public limited company on November 10, 2009 with the name Prestige Estates Projects Limited and received a fresh Certificate of Incorporation consequent upon change in status on November 10, 2009 from the RoC. The company is promoted by Irfan Razack, Rezwan Razack and Noaman Razack.
The company has over 23 years of experience in real estate development, and is one of the leading real estate development companies in south India. It has completed 142 real estate projects of approximately 27.09 million sq. ft. It has developed a diversified portfolio of real estate development projects focusing on the projects in residential (including apartments, villas, plotted developments and integrated townships), commercial (including corporate office blocks, built-to-suit facilities, technology parks and campuses and SEZs), hospitality (including hotels, resorts and serviced accommodation) and retail (including shopping malls) segments of the real estate industry.
Subsidiaries of the company
CREDAI Real Estate Awards IMAGES SHOPPING CENTRE AWARDS Realty Plus Awards 2013 NDTV Property Awards 2013 Asia Pacific Property Awards 2013 Indian Green Building Council (IGBC) CNBC Awaaz Real Estate Awards 2013
Asia Pacific Property Awards 2012 Indian Green Building Council (IGBC)
Mysore Horticultural Society Award Realty Plus Excellence Awards 2011 Asia Pacific Property Awards 2011
Srishti Good Green Governance Awards 2010 CNBC Awards Awards 2010 Asia Pacific Commercial Property Award 2010 Town Planning Award 2010 Crisil Real Estate Star Ratings 2010