Prestige Group is an Indian real estate development company headquartered in Bangalore, founded by Razack Sattar in 1986, with developments spanning Bangalore, Chennai, Kochi, Hyderabad, Mumbai, Mangalore, Goa, and Delhi-NCR. With 302 completed projects delivering 193 million square feet of developed area as of September 2024, Prestige Group has earned the distinction of being the only developer in India with a CRISIL DA1+ rating for construction and development capabilities.
Bangalore accounts for the group's densest footprint — 150 residential projects covering 127 million sq ft in the city, with completed townships exceeding 65 million sq ft. The group's expansion into Anekal Taluk is a deliberate step southward. The Prestige Group acquired 56.29 acres of land parcels in Anekal Taluk, Bangalore, for Rs 187.50 crore — a strategic commitment to an area seeing rapid development.
From its origins in 1986, Prestige has delivered 300+ projects spanning over 190 million sq ft nationwide. In Q1 FY26, the group recorded quarterly sales of ₹12,126 crore. Prestige's upcoming pipeline includes at least 8 major launches, spanning premium apartments and villa plots across prime areas, under an FY26 expansion plan covering over 44.80 million sq ft across India, with Bangalore contributing a major share.
Prestige Park Ridge is a new-launch apartment project by Prestige Group located on Bannerghatta Road, South Bangalore. Spread across 26.2 acres, the project features 1,119 apartments across 12 towers, offering 1, 2, and 3 BHK homes. The master plan dedicates more than 70% of the 25-acre site to open spaces.
Floor sizes range from 650 sq ft to 3,750 sq ft, with prices starting from Rs 85 lakhs onwards. The project features 1,119 high-rise apartments spread across 12 structures with 17 and 18 floors each. The project is currently in pre-launch stage, with possession tentatively around five years from launch.
The registered address is Survey No. 93, Lakshmipura, Anekal Hobli, Jigani Taluk, Bannerghatta Road, South Bangalore, Karnataka 560076. The project entrance is directly on Bannerghatta Road, with proximity to the major IT hubs of Electronic City.
Park Ridge sits within a cluster of Prestige investments across the southern arc of Bangalore. Prestige Kings County, a large-scale plotted community in Jigani off Bannerghatta Road, covers 73 acres with 875 plots ranging from 1,200 to 4,000 sq ft, priced between ₹1.02 crore and ₹2.55 crore+, with RERA number PRM/KA/RERA/1251/308/PR/290624/006936 and possession expected by December 2026. Prestige Suncrest is positioned in Electronic City, near Bommasandra, with easy reach to Jigani and Anekal from there. These projects together reflect a consistent Prestige strategy of anchoring multiple product types — plotted development, mid-rise apartments, and now township-scale high-rises — across the same southern growth corridor.
Bannerghatta Road, designated State Highway 87, runs approximately 49 km, connecting Adugodi to Anekal and passing through key IT and residential clusters. Located in Bangalore's southern region, Bannerghatta Road connects to central areas like Jayanagar, JP Nagar, NICE Road, Dairy Circle, Jigani, and Hosur Road, with close proximity to IT hubs like Electronic City and HSR Layout.
The location intersects with the Outer Ring Road and NICE Road, connecting the area to all major city destinations. The nearest metro station is Kalena Agrahara, approximately 15 minutes away, with key road networks like NH 275, NH 48, and the Outer Ring Road only a few minutes from the project.
The Namma Metro Pink Line, set to open in stages — elevated section by September 2025, underground section by mid-2026 — will link Gottigere (Kalena Agrahara metro station) with Nagawara, passing through a station on Bannerghatta Road opposite IIM Bangalore. The Karnataka government's ₹9,000 crore double-decker flyover project, dedicated to metro and road infrastructure, is also aimed at alleviating congestion and improving urban mobility in South Bengaluru.
For buyers evaluating the Prestige Park Ridge address specifically, the social infrastructure nearby is already established. Bannerghatta Road is served by hospitals including Fortis and Apollo, educational institutions such as IIM Bangalore and National Public School, and retail destinations including Royal Meenakshi Mall and Vega City Mall, with Bannerghatta National Park providing green space nearby. Schools in the broader Anekal area include Delhi Public School, Candor International School, and Treamis World School, and the area is home to Narayana Hrudayalaya Hospital.
Flat prices along Bannerghatta Road currently range from Rs 6,500 to Rs 14,150 per sq ft. Over the past five years, Bannerghatta Road has seen property price appreciation of up to 40–45%, with average prices in 2025 ranging between ₹7,900 and ₹10,500 per sq ft, and premium projects commanding higher rates. In the southern region, Bannerghatta Road led with the highest price increase among South Bangalore localities — up 32.21% — driven by metro expansion and new residential projects.
Within the Anekal micro-market itself, flat rates changed by 33.8% in the last year, while land rates rose 57.1% in one year, 100% over three years, and 230% over ten years. This gap between Anekal's land appreciation and its current apartment price base — flat prices in Anekal currently ranging from Rs 4,000 to Rs 8,750 per sq ft — signals the entry window that a large branded township from Prestige is likely to reset.
Among existing Prestige projects in the corridor, Prestige Elysian has appreciated the most on Bannerghatta Road, with a 28.8% growth rate in the last year alone, currently listed at ₹18,100 per sq ft. This establishes a clear ceiling that the brand can sustain in the corridor over time.
Prestige Group, founded in 1986 by the late Razack Sattar, has built a reputation spanning nearly four decades as one of India's most reliable real estate developers. Between 2015 and 2025, the group completed over 150 projects, delivering more than 100 million square feet of residential, commercial, and mixed-use developments across India.
Prestige Group holds the CRISIL DA1+ grading — the highest rating any real estate developer can achieve in India. As of 2025–26, this rating, reaffirmed in 2025, makes Prestige the only real estate company in India to hold DA1+, reflecting strong execution capability, financial stability, and transparent documentation. For a pre-launch project like Park Ridge, where buyers commit ahead of construction, this institutional credit standing is a material factor.
By 2001, Prestige achieved ISO 9001:2000 certification for its management processes, making it a pioneer in adopting international quality benchmarks among Bangalore's developers during the early 2000s. Having delivered 300+ projects across 14 major cities, the group is currently targeting Rs 50,000 crore of sales by FY30.