The Bangalore-based real estate developers
Prestige Group took root way back in 1956 in the avatar of a
retail store, Prestige Fashions, that bartered in custom tailoring
and retailing ready-to-wear garments. It was in 1985-86 that the
company forayed into real estate development with the construction
of Prestige Court in KH Road, Bangalore.
Over the years, the Prestige Group has played a major role in
changing the skyline of Bangalore and is fast emerging as one of
the leading developers of South India. So far Prestige
Constructions has completed over 120 projects, encompassing more
than 10 million sq. ft. of commercial and residential area.
In the residential segment, Prestige has undertaken projects such
as Prestige Kensington Gardens, Prestige Wellington Park, and
Prestige Shantiniketan. The group is also developing United
Breweries' real estate venture, UB City. Prestige has also made a
mark by developing high-quality commercial projects like Prestige
Nebula and Prestige Technology Park.
In an effort to cash in on the retail boom in the country, the
Prestige Group has planned to develop over 7 malls in South India
at an investment of Rs. 2500 crore. The group's Forum Mall in
Bangalore, an entertainment-cum-retail complex, includes 11
theatre multiplexes with food, bowling and shopping facilities.
Besides being an ISO 9001:2000 certified company, the Prestige
Group has also received the Crisil DA1 rating for its commitment