Prestige Group entered the Kochi market around 2011–2012, making it one of the first large Bangalore-headquartered developers to plant a sustained residential flag in Kerala's commercial capital. The group entered the city's property market in 2011–2012. Since then, it has built a portfolio that spans Marine Drive, Kundannoor, Kakkanad, Ernakulam, and now North Kalamassery — a deliberate arc northward along the city's two most important employment and infrastructure spines. The arrival of Prestige Eden Garden on the NH Bypass in North Kalamassery, Ernakulam pin 683106, marks the group's first residential commitment to this particular micro-market.
Prestige Group is an Indian real estate development company headquartered in Bangalore, founded by Razack Sattar in 1986, and has developed residential and commercial spaces across Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa, and Delhi-NCR. The company is listed on the NSE and BSE as Prestige Estates Projects Ltd and is today led by Irfan Razack as Chairman and Managing Director, alongside his brothers Rezwan Razack and Noaman Razack.
As of June 2026, Prestige Group has completed 313+ projects and delivered over 206 million sq. ft., recording ₹30,024.5 crore in FY26 sales. The group is the only real estate developer in India to hold CRISIL's DA1+ developer grade — a rating that reflects strong execution capability, financial stability, and transparent documentation, reaffirmed again in 2025, making Prestige the only real estate company in India to hold DA1+.
Across segments, Prestige Group builds properties in major cities including Kochi, and has completed residential projects covering 127 million sq. ft., 125 commercial projects over 48 million sq. ft., 13 retail projects over 10 million sq. ft., and 12 hospitality projects spanning 4 million sq. ft. The group's Kerala regional office operates from the 8th Floor, Prestige TMS Square, Padivattom, Edappally, Kochi.
Prestige has consistently targeted locations along Kochi's primary road and transit arteries. Prestige Neptune's Courtyard in Marine Drive offered 3, 4, and 5 BHK apartments across 366 units spread across 16 towers, each with G+31 floors, and was ready for occupancy by October 2012 — the group's earliest delivered residential asset in the city. In the south, Prestige Cityscape at Kundannoor was launched in October 2020 and was ready for occupancy by June 2024. In Kakkanad, adjacent to Infopark, Prestige Hillside Gateway's master plan is set over 13 acres with a total of 629 units, launched in November 2015 and delivered by December 2022. Prestige Panorama, at Ernakulam, is an apartment project on 1.58 acres with RERA number K-RERA/PRJ/227/2020, offering roomy 2 to 3-BHK units sized 1254 to 1748 square feet.
North Kalamassery is the northernmost residential address Prestige has selected within Greater Kochi — positioned at the point where the National Highway meets the city's densest cluster of industrial, academic, and SEZ employment nodes.
Prestige Eden Garden is located near the NH Bypass, North Kalamassery, Cochin — 683106. The project covers 1.33 acres and has a single 20-floor tower with premium 3-BHK and 4-BHK apartments ranging from 1,792 sq ft to 2,647 sq ft, with prices starting at ₹1.48 crore. It features 112 well-crafted apartments in 2, 3, and 4-BHK options. The site is scheduled for completion in December 2026, and carries RERA ID K-RERA/PRJ/ERN/002/2022.
Within Prestige's Kochi portfolio, Eden Garden occupies a distinct product niche: a high-rise gated community in an area that remains relatively underdeveloped by branded developers, positioned to capture the demand from CSEZ, CUSAT, and NH-corridor professionals who prefer a vetted, structured address over older unbranded apartment stock.
Kalamassery is a major industrial region in the city of Kochi, located around 9 km northeast of the city centre. The North Kalamassery stretch fronts directly on the NH Bypass — the same corridor that carries freight and commuters between the Cochin International Airport at Nedumbassery and the Ernakulam city core.
In terms of metro rail access, the Blue Line runs 25.16 km from Aluva to Tripunithura Terminal, with key stations including Aluva, Kalamassery, CUSAT, Edappally, and onward into central Ernakulam. The full Phase 1 corridor was completed in March 2024 when Prime Minister Modi inaugurated the Tripunithura Terminal station. The Kalamassery Town metro station and the CUSAT metro station together serve the broader locality, giving residents direct rail access to Edappally interchange, MG Road, and Vyttila without engaging NH traffic.
The road infrastructure layer is equally significant. A 4-lane National Highway was developed at a cost of ₹5.71 billion to connect the International Container Transhipment Terminal at Vallarpadam with Kalamassery, stretching 8.721 km through the backwaters of the Arabian Sea on reclaimed land, linking the North-South Corridor for freight movement to Cochin Port. This port-connectivity axis has had a direct knock-on effect on economic activity and residential demand in the surrounding belt.
Kalamassery is a major hub for industrial and IT activities in Kochi and is home to a government-established Industrial Estate housing many major companies. The area's location along NH 66 and proximity to the IT centres in Kakkanad has enabled a large spurt in economic development since the 1980s. Anchor employers in the vicinity include HMT, Apollo Tyres, FACT, and the Cochin Special Economic Zone (CSEZ). Science City, Startup Village, and KINFRA are also at Kalamassery.
For Prestige, this employment density matters because it generates the specific profile of buyer that the group's mid-premium product is calibrated for: dual-income technical and managerial households seeking a structurally sound, amenity-equipped address close to their workplace, within a brand they recognise from comparable cities.
Kalamassery is home to educational institutions including the National University of Advanced Legal Studies, Ernakulam Medical College, and the Cochin University of Science and Technology (CUSAT). Home to CUSAT, Kalamassery has a student and young-professional energy that keeps retail, healthcare, and transit services active year-round — a quality-of-life dimension that established residential localities in South Kochi often cannot replicate for buyers in this price segment.
For families, Rajagiri Public School, Sacred Heart CMI Public School, and Bhavans Vidya Mandir are among the more sought-after school options in the broader Kochi north zone.
Prices in Kalamassery are among the most affordable in the Kochi metro area — ₹4,500 to ₹5,500 per sq ft — making it popular with first-time buyers. Prestige Eden Garden, with its 20-floor single tower and pricing from ₹1.48 crore, sits at the upper end of the locality's current price band — reflecting the brand premium a CRISIL DA1+-rated developer commands over the unbranded competition that dominates this micro-market.
Emerging markets like Aluva and Kalamassery provide affordable entry points with strong future appreciation potential relative to established corridors. Aluva and Kalamassery are places to watch for value investors — still affordable, but sitting at the Phase 3 metro corridor that will eventually connect to the airport — and the lowest entry prices in the metro-connected Kochi market, combined with CUSAT proximity and CSEZ employment demand, make Kalamassery interesting for investors targeting the rental market.
Kalamassery's strong industrial and IT base has supported sustained interest from both domestic buyers and NRIs. Across Kochi, property values have been appreciating by 5–8% annually, a trend expected to continue fuelled by ongoing and upcoming infrastructure projects.