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Insights Success The 10 Most Valuable Real Estate Solutions Provider Companies Insights success November2016

Insights Success The 10 Most Valuable Real Estate Solutions Provider Companies Insights success November2016

Almost 30 years ago, two

Almost 30 years ago, two brothers - Irfan and Rezwan Razack dared to moved away from the family's well established retail business to create their own space. Today, what then might have been frowned upon as a break from tradition, is a company worth a couple of billion dollars. That, in short, is the story of the Prestige Group, India's second largest developer, which is credited with redefining Bengaluru's skyline. The company ended fiscal 2016 with a turnover of Rs 4700 crores. As you drive through the streets of Bengaluru - the city where Prestige was born in 1986, witnessed an unprecedented growth and is today headquartered; you will find the Falcon dotting the landscape. The mighty Falcon, which is the icon of the Prestige Group, has now come to be associated with world class infrastructure, trust and quality. In fact, the story of the emergence of Bengaluru as the Silicon Valley of India would remain incomplete without a mention of the role of the Prestige Group in creating the enabling infrastructure. Today the group has a presence across all real estate asset classes, from homes to offices to retail, hospitality, leisure business and IT Parks and SEZs. Millions of square feet and still growing As on date, the company has completed more than 195 projects covering over 67 million square feet of space. The company has 65 ongoing projects generating 70 million square feet and 36 upcoming projects aggregating 48 million square feet of world-class real estate across asset classes. As much as Bengaluru bets on Prestige, Prestige, too, bets on Bengaluru with 85% of its portfolio standing on home turf. The company has over 160 properties in Bengaluru

Mr. Irfan Razack Chairman, & MD

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