About the Developer — Prestige Group

Heritage

Prestige was founded in 1986 by Irfan Razack and his brothers, building from a family business background into Bengaluru's most consequential premium-residential developer brand. The early years — the late 1980s through the 1990s — established Prestige's reputation for architecturally articulate apartments in Bengaluru's premium localities such as Kalyan Nagar, Indiranagar and Whitefield, at a time when the city's apartment culture was still nascent.

Two structural decisions in the 2000s shaped the modern company: the 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 anchors of that period. Through the 2010s and 2020s the group broadened its footprint nationally — into Hyderabad, Chennai, Goa, Kochi, Pune, the Mumbai western suburbs and NCR — while retaining Bengaluru as its heartland and its largest market.

Leadership

The Razack family runs the group with a structured distribution of operational verticals — an institutional feature that has given Prestige stability across four decades:

• Irfan Razack — Chairman & Managing Director, the public face of the brand and a recurring voice in industry forums on real-estate regulation and the evolution of Indian residential demand.
• Rezwan Razack — Joint Managing Director, running the retail, commercial and hospitality verticals.
• Noaman Razack — Whole-time Director, focused on design and customer experience.
• Uzma Irfan — Director, Corporate Communications, leading branding, media and CSR.

Integrated-township track record — directly relevant to Prestige Kodagurki

Prestige Kodagurki is a 107-acre integrated township, and the most relevant part of the developer's record is its township experience. Prestige Shantiniketan in Whitefield is one of South India's largest integrated townships — a multi-vertical community with residential, commercial, retail and social infrastructure planned together — and it is the proof point that Prestige's township playbook is executed, not aspirational. The group has also delivered large integrated and mixed-use developments across its portfolio, from the UB City precinct to large gated residential communities.

This township pedigree is what a pre-launch buyer at Kodagurki is really relying on. Master-planning 107 acres across two aggregated parcels — with an integrated road network, a signature clubhouse, a retail high street, a school provision, extensive open space and a phased release over years — is a fundamentally harder undertaking than building a single apartment tower, and it is exactly the kind of development Prestige has delivered before. The group's demonstrated ability to structure joint-development and SPV arrangements to assemble large parcels in and around Bengaluru is also directly relevant: Kodagurki itself is a two-parcel SPV aggregation, precisely the structure Prestige has used to build at scale. The master-plan page sets out that two-parcel layout.

Brand portfolio and segment discipline

Prestige operates a segmented brand architecture that lets each price point carry its own design and specification expectation. The flagship Prestige brand covers premium and luxury apartments, integrated townships and signature projects; Park Drive, Park Square and Aston Park cover plotted and gated-community formats; Forum Mall is the retail vertical; Oakwood Premier Prestige is hospitality; Prestige Tech Park is the Grade-A office vertical; and The Collection is curated ultra-luxury. This segment separation is why Prestige's township, apartment and plotted products in the same corridor are distinct rather than overlapping — a discipline directly visible in the Devanahalli book, where Kodagurki (township), the apartment projects and the plotted developments each occupy a defined category.

Other verticals

Prestige's diversification is a structural strength that supports residential project funding through the construction cycle:

• Commercial / Grade-A offices — Prestige Tech Park (Sarjapur ORR), Prestige Cyber Towers, Prestige Atrium, and others.
• Retail and malls — the Forum Mall portfolio across Bengaluru, Chennai, Hyderabad, Mangalore and Kochi.
• Hospitality — Oakwood Premier Prestige, and association with premium hotel assets in Bengaluru.
• Managed offices — a stake in the managed-office and co-working segment.

Because the group is not dependent on residential cyclicality for cash flow, it can fund construction through the cycle — a meaningful de-risking factor for a buyer transacting at the pre-launch stage.

What Prestige's brand means for a Prestige Kodagurki buyer

For a pre-launch buyer at Kodagurki, the developer is the single most important risk-mitigating factor. A pre-launch purchase is made ahead of RERA registration and a published cost sheet, so the buyer is trusting the developer to design, register, build and deliver the township as anticipated. Prestige's four-decade Bengaluru record, its 206 million sq ft delivered, its listed-entity governance, its CRISIL DA1+ rating, its diversified balance sheet and — most relevantly — its proven integrated-township experience together lower the developer-risk discount a buyer would otherwise apply to a pre-launch, pre-RERA purchase. That is why a pre-launch Prestige township reads differently from a pre-launch purchase with a less-established builder: the durable anchor of the developer is as strong as any in Indian real estate. The reviews page weighs that anchor against the project's honest trade-offs.

Prestige Kodagurki developer FAQ