Prestige Group

Featured Image of Prestige Group


Prestige Meadows in Sector 92, Gurugram is built by Prestige Group. The company was founded in 1986. It is based in Bengaluru. Prestige Group is listed on the BSE and NSE. It has delivered 300+ projects covering 175+ million sq ft across India.

About Prestige Group


Prestige Group started in 1986. Irfan Razack founded it in Bengaluru. It began as a South India real estate firm. Today it is one of India's largest listed developers. It works across residential, commercial, retail, and hospitality segments.

The company is listed on the BSE and NSE. It files quarterly financial reports. SEBI regulations apply to it. Buyers can check its audited accounts publicly. This is a useful assurance on any pre-launch project.

Scale and Track Record


Metric Figure
Founded 1986
Completed projects 300+
Total area delivered 175+ million sq ft
Listed exchanges BSE and NSE
Segments Residential, commercial, retail, hospitality
Cities active Bengaluru, Chennai, Hyderabad, Mumbai, Kochi, Mangaluru, NCR

Prestige Group has built homes, offices, malls, and hotels. It has delivered across all major South Indian cities. Prestige Meadows is its entry into India's largest residential market — the NCR.

Prestige Group in NCR


Prestige Meadows is Prestige Group's landmark NCR project. It is in Sector 92, Gurugram. The project is a joint venture. Prestige Group holds 67% economic interest. The total developable area is 3.83 million sq ft. Prestige Group's share is 2.57 million sq ft.

Sector 92 was chosen for a clear reason. It sits on the Dwarka Expressway. It has strong metro access. Residential demand here is growing fast. Prestige Group brings its South India standards to this market.

What Prestige Group Delivers at Prestige Meadows


Prestige Meadows follows Prestige Group's standard residential approach:

  • Master-planned layout: 17 acres, 12 towers, landscaped open spaces
  • Vaastu-friendly design: All 1,850 apartments are Vaastu compliant
  • Tower structure: Each tower is 2 Basements + G + 22 floors
  • Configuration range: 1, 2, 3, and 4 BHK from 650 to 2,500 sq ft
  • Transparent pricing: Base rate Rs 17,000 per sq ft

Entry price is Rs 1.11 Crore for a 1 BHK. Haryana RERA is applied for. Approval is expected by November 2026. Possession is targeted for December 2030.

Why the Developer's Background Matters


On a pre-launch project, the developer matters most. Prestige Group is listed. It is audited. SEBI regulations apply. Buyers can check its financials online. Many Gurugram developers are unlisted. This makes Prestige Group a stronger choice for buyers who want transparency.

The 300+ projects and 175+ million sq ft show a long record. Prestige Group has handed over homes, offices, and malls at scale. Buyers can assess this history before booking.

Prestige Group Beyond Prestige Meadows


Prestige Group has built major projects across India:

  • Bengaluru: Prestige Shantiniketan, Prestige Falcon City, Prestige Lakeside Habitat
  • Hyderabad: Prestige High Fields, Prestige Glenbrook
  • Chennai: Prestige Ferns Residency
  • Mumbai and Pune: Prestige City Mulund, Prestige Jasdan Classic
  • NCR: Prestige Meadows, Sector 92, Gurugram

Each is a large master-planned residential development. The same large-site, multi-tower model runs across all cities.

FAQs


1. Who is the developer of Prestige Meadows?

Prestige Group is the developer. It was founded in 1986. It is listed on the BSE and NSE. Prestige Group holds 67% in the joint venture.

2. Is Prestige Group a trusted developer for Gurugram?

Yes. It has delivered 300+ projects across 175+ million sq ft. It is listed and regulated by SEBI. Its financials are publicly available.

3. What is Prestige Group's share in Prestige Meadows?

Prestige Group holds 67% economic interest. Total developable area is 3.83 million sq ft. Prestige Group's share is 2.57 million sq ft.

4. Has Prestige Group delivered projects in NCR before?

Prestige Meadows is Prestige Group's landmark NCR project. The company has historically operated in South India. The NCR launch is its expansion into North India.

5. Is Prestige Group listed on the stock exchange?

Yes. Prestige Group (Prestige Estates Projects Ltd) is listed on the BSE and NSE. Financial reports are publicly available on both portals.

6. What is the possession date for Prestige Meadows?

Possession is targeted for December 2030. The formal date is confirmed in the Haryana RERA filing. Verify the current RERA status on haryanarera.gov.in before booking.

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