PRESTIGE

On April 1, 1986, Prestige Estate Projects started its operations as a partnership firm constituted under the Indian Partnership Act, 1932, under the name and style of both Prestige Estates and Properties. Also, the company's partners of the company were the Late S Razack, Irfan Razack, Rezwan Razack, and Sameera Noaman. Also, soon the firm's name was changed to Prestige Estates Projects by a supplementary deed of partnership as on May 12, 1997. It was being registered as a private limited company under Part–IX of the Companies Act, 1956, as on June 4, 1997, along with the name of Prestige Estates Projects Private Limited. It was also converted to a public limited company as of November 10, 2009, along with the name Prestige Estates Projects Limited and also received a fresh Certificate of Incorporation consequent upon the change in status as on November 10, 2009, from the RoC. It is promoted by Irfan Razack, Rezwan Razack, and Noaman Razack and has more than 23 years of experience in both the real estate development, which are the leading real estate development companies in south India. Also, it has accomplished about 142 real estate projects of about 27.09 million sq. ft. It has also developed a diversified portfolio of the real estate development projects that focus on the projects in residential (including apartments, commercial (including corporate office blocks, built-to-suit facilities, technology parks and campuses and SEZs), villas, plotted developments and integrated townships), hospitality (including hotels, resorts and serviced accommodation) and retail (it includes because bug bey ing shopping malls) sections of the real estate industry.

Subsidiaries of the company:

Prestige Leisure Resorts
Prestige Mangalore Retail Ventures
Prestige Mysore Retail Ventures
Prestige Shantiniketan Leisures
Prestige Valley View Estates
Prestige Whitefield Investment and Developers
Northland Holding Company
Pennar Hotels and Resorts
Prestige Bidadi Holdings
Prestige Construction Ventures
Downhills Holiday Resorts
Exora Business Parks
Foothills Resorts
ICBI (India)
Village De Nandi
West Palm Developments
Team United Engineers (India)
Valdel Xtent Outsourcing Solutions

Some of the Achievements:

2014:Asia's Shopping Centre & Mall Awards India's Most Promising Brands 2014
2013:
Received the Srishti Good Green Governance Awards.
Received the CREDAI Real Estate Awards.
Received the IMAGES SHOPPING CENTRE AWARDS.
Won the Realty Plus Awards 2013.
Received the NDTV Property Awards 2013.
Received the Asia Pacific Property Awards 2013.
Indian Green Building Council (or IGBC) CNBC Awaaz Real Estate Awards 2013.
2012:
Received the Asia Pacific Property Awards 2012.
Received the Indian Green Building Council (or IGBC).
2011:
Received the Mysore Horticultural Society Award.
Received the Realty Plus Excellence Awards 2011
Won the Asia Pacific Property Awards 2011 .
2009: Also, CNBC Asia Pacific Property Awards awarded the UB City the Best Mixed-Use Development (India) award.
2009: It received the CNBC Asia Pacific Property Awards awarded prestige Golfshire the Best Golf Development (India) award.
2009: Also, the Prestige Golfshire was awarded the Highly Commended Best Mixed Used Development-Future award at the Cityscape Awards, Real Estate, Asia.
2008: It was also awarded the Best Developer (in Retail Project) award during the Real Estate Excellence Awards.
2008: It was awarded the Overall Achievement Award at the Real Estate Excellence Awards.
2008: The Forum was being awarded the Most Admired Shopping Centre of The Year: Retailers Choice award by Images Shopping Centre Awards (or ISCA).
2008: Also, the Prestige Exotica was awarded the Best High-Rise Development award during the CNBC Asia Pacific Property Awards.
2008: Prestige Acropolis was being awarded the Best Architecture (Multiple-Units) award at the CNBC Asia Pacific Property Awards.
2008: Also, both Angsana Oasis Resort and Spa were awarded the Best Destination Spa during the Pevonia Asia Spa Awards, 2008.
2007: UB City were being awarded the Best Developer award in the Mixed-Use Category at the Cityscape Real Estate Awards
2007: Also, the Prestige Acropolis was highly commended in the Residential Category Award by FAIBCI.
2005: It scored Euro Money Award for excellence in real estate.
2002: Also, the Prestige Acropolis was awarded in the Residential Category during the International Real Estate Federation (or FIABCI) Awards.
1998: FAIBCI rated prestige Opal and Prestige Four Seasons among the 30 best developments in the world
1998: the Accommodation Times, Mumbai awarded prestige Meridian the Best Building of the Year.

Some of the Milestones:

2009: It was being converted into a public limited company, along with the name Prestige Estates Projects Limited and also received a fresh Certificate of Incorporation upon the change in the status from the RoC.
2009: It inaugurated the Forum Value Mall.
2008: It started operations of Oakwood Premier Prestige, and serviced apartments located at UB City.
2008: It initiated the Collections, which is a luxury mall located at the UB City.
2008: It entered into a strategic alliance with CRIDF for developing malls in South India.
2008: It started Prestige Golfshire.
2008: It entered into a relationship with the UIOF.
2007: It entered into a relationship with the Red Fort India Real Estate Holdco ILLC for developing commercial space and townships.
2007: It expanded operations to Chennai, Cochin, and Hyderabad.
2007: It inaugurated UB City, which is its largest mixed-use development.
2006: It opened Prestige Ozone, which is a villa development.
2006: It started Prestige Shantiniketan, which is an integrated township.
2006: It began Cessna Business Park, an SEZ.
2004: It inaugurated Forum Mall, which is its first retail project.
2003: It received a CRISIL DA–1 rating (indicates an excellent score for the ability to execute real estate projects according to the specified quality level within the stipulated schedule and ability to transfer the clean title).
2001: It started the operation of Angsana, which is its first hospitality project.
2001: It received ISO 9001:2000 Certification.
1997: The firm named, Prestige Estates Project, was registered as Prestige Estates Projects Private Limited, which is a private limited company under Part–IX of the Companies Act, 1956.
1986: The Company commenced operations as the partnership firm Prestige Estates and Properties.

PRESTIGE Share Price Chart