Prestige Group was founded in 1986 in Bengaluru and has since grown into a pan-India developer operating across roughly thirteen cities and nine states, from Bengaluru, Chennai and Hyderabad to Mumbai, Pune, Kochi, Goa and the NCR. Prestige Group, formally Prestige Estates Projects Ltd, is one of India's largest listed real-estate developers, founded in Bengaluru, and has grown into a pan-India business spanning about 13 cities across roughly nine states, including Bengaluru, Hyderabad, Chennai, Mumbai, Pune, Kochi, Goa, and the NCR. The group is led by Chairman and Managing Director Irfan Razack, alongside Joint MD Rezwan Razack and Whole-time Director Noaman Razack. It carries CRISIL's highest developer grade, DA1+, which reflects strong execution capability, financial stability and transparent documentation. Kochi is one of the markets where this scale plays out through a mix of residential and commercial addresses, with Kakkanad standing out as the developer's clearest bet on the city's IT-driven east.
Prestige Hillside Gateway sits on Infopark Road in Kakkanad, close to Infopark, SmartCity and the Cochin SEZ. Prestige Hillside Gateway is strategically located at Kakkanad, in a prime, high demand zone close to Infopark, SmartCity and the Cochin SEZ. The project spans a total area of 13 Acres and consists of 602 flats and 27 villas, offered across 1, 2, 2.5, 3, 3.5 and 4.5 bedroom sets. Common facilities span yoga room, badminton court, indoor games, gymnasium, health club, mini-theatre, multipurpose hall, squash court, swimming pool, table tennis, rooftop party area and supermarket space. Unit sizes run from 663 sq ft to 2548 sq ft, with prices starting at Rs. 54 lakhs, and the project carries RERA approval, with the registration number PRJ/315/2020. Social infrastructure around the address includes Mar Thoma Public School, Bhavans Adarsha Vidyala, international schools like Indian Public School and German Metropolitan International School, and colleges like Kochi Business School and Rajagiri College of Management and Applied Sciences.
Prestige's Kakkanad presence is not limited to housing. Prestige Cyber Green is a premium commercial development by Prestige Group spanning 4.61 acres and consisting of 8 floors having office spaces, hotels, and tech parks, positioned inside the SmartCity Kochi SEZ belt on the same Infopark corridor as Hillside Gateway. The address benefits from the same connectivity logic Prestige has built its residential project around: Seaport-Airport Road ensures easy access to Kochi International Airport, the Infopark Expressway provides seamless connectivity to Infopark and SmartCity, metro connectivity is close by, and landmarks like Lulu Mall, Infopark, SmartCity and Cochin SEZ are minutes away. Placing an office park and a residential township within the same few kilometres is a pattern consistent with how Prestige has approached other IT-corridor markets, pairing homes with the commercial space that drives their demand.
Prestige's Kochi footprint extends beyond Kakkanad into a large retail bet on the city's southern approach. Forum Kochi, a joint development with the Dubai-headquartered Thomsun Group, opened on 19 August 2023 at Maradu on NH 66. Developed on approximately 10 acres of land, it has a total built-up area of about 1,036,135 square feet, with a retail leasable area of around 639,606 square feet. The mall represented one of the most anticipated commercial developments in the city and drew an investment of Rs 700 crore. Its anchor list includes Lulu Hypermarket, PVR Luxe, Marks & Spencer, H&M, Fun City, Lifestyle, and Shoppers Stop. Alongside long-running residential addresses such as Prestige Neptune's Courtyard on Marine Drive, this gives Prestige a spread across Kochi's IT belt, its retail high street and its harbour-front residential zone, with Kakkanad as the IT-corridor piece of that map.
Kakkanad's pull comes from the employment base sitting on its doorstep. Infopark alone counted 72,000 employees in 2025, and the area also hosts SmartCity Kochi, the Cochin Special Economic Zone and KINFRA, which keep rental and resale demand active. Connectivity is being reinforced by the Kochi Metro's Pink Line, an 11.2 km spur line from Jawaharlal Nehru Stadium to Infopark II in Kakkanad covering 11 stations including Palarivattom Junction, Palarivattom Signal, Chembumukku, Vazhakkala, Kunnumpuram, Kakkanad Junction, Cochin Special Economic Zone, Chittethukara, Rajagiri, Infopark I and Infopark II. The corridor's construction contract, worth Rs. 1141.32 crore, was awarded to Afcons Infrastructure in June 2024, and current guidance points to commissioning in August 2027. Road access already runs through the Seaport-Airport Road and NH 66, both widened in the run-up to the metro works.
| Metric | Reading |
|---|---|
| Average apartment rate, Kakkanad | ₹6,150 per square foot |
| Year-on-year price change | 10.8% Y-o-Y appreciation for apartments |
| Five-year appreciation | approximately 38% over the last five years |
| Rental yield, prime pockets | up to 6% in prime areas like Kakkanad |
| Infopark workforce | 72,000+ employees (2025) |
For a buyer evaluating Prestige Group in Kakkanad, the case rests on this overlap: a developer with a CRISIL DA1+ track record and a multi-decade Bengaluru pedigree, placing both a residential township and a commercial tech park on the same Infopark Road stretch that the Kochi Metro's Pink Line is being built to serve.