Prestige Group

Featured Image of Prestige Group


Prestige Padil Mangaluru is a 23-acre pre-launch township in Padil, East Mangaluru. It is built by Prestige Group, a company active in Indian real estate since 1986. The group works across homes, offices, malls, and hotels in major cities. This page covers the developer's background and what it brings to the Mangaluru market.

About Prestige Group


Prestige Group was founded in 1986. It is based in Bangalore, Karnataka. The company is listed on the BSE and NSE. It is one of India's largest property developers. The group has built homes, offices, malls, and hotels across the country.

The group has completed 300+ projects. These include townships, gated homes, office parks, malls, and hotel properties.

Parameter Details
Company Name Prestige Estates Projects Ltd
Founded 1986
Headquarters Bangalore, Karnataka
Stock Listing BSE and NSE
Sectors Homes, Offices, Retail, Hotels
Delivered Projects 300+
GDV Target Rs 20,400 Crores by FY29
Mangaluru Project Prestige Padil Mangaluru

Prestige Group's Scale of Operations


The group targets a total project value of Rs 20,400 Crores by FY29. This shows how large its building pipeline is. The company works in Bangalore, Chennai, Hyderabad, Kochi, Goa, and Mangaluru.

The group is listed on the stock market. Its finances are open to the public through BSE and NSE filings. Buyers can check the company's annual reports and project updates at any time.

Prestige Group in Mangaluru


Prestige Padil Mangaluru is the group's key launch in the city. The project is on 23 acres in Padil, East Mangaluru. It has 1,900 flats across 10 towers. The towers are G+20 to G+24 floors. Buyers can pick from 1, 2, 3, and 4 BHK homes.

Padil is in East Mangaluru. Key roads near the project are NH 66, NH 75, and NH 169. Mangaluru Central Railway Station is 3 to 4 km away. The airport is 15 to 18 km from the site.

What Buyers Get with a Prestige Group Project


Prestige projects are known for good layouts and solid build quality. The group builds with wide open areas and useful shared spaces. At Prestige Padil Mangaluru, 60% of the 23-acre site is kept as open and green space.

The payment plan is tied to building progress. Buyers pay in 10 stages. Each stage links to a build milestone. This helps buyers spread their payments over time.

Buyers can look at Prestige's past work in Bangalore, Chennai, and Hyderabad. These give a clear idea of the build quality and timelines they can expect.

Track Record and Credibility


Prestige Group has built homes, offices, and hotels all over India. It has been doing this for over 40 years. The company files RERA papers for all its active projects. These are on state RERA portals and open for buyers to check.

The group's long record and listed status make it one of the trusted names in Indian property. Buyers should verify the RERA status for Prestige Padil Mangaluru on the Karnataka RERA portal. RERA is pending for this pre-launch project.

FAQs


1. Who is the developer of Prestige Padil Mangaluru?

Prestige Padil Mangaluru is built by Prestige Estates Projects Ltd. It is also known as Prestige Group. The company was set up in 1986. It is based in Bangalore, Karnataka.

2. Is Prestige Group listed on a stock exchange?

Yes, Prestige Group is listed on the BSE and NSE. Buyers can check its public filings for financial details.

3. How many projects has Prestige Group delivered?

The group has finished 300+ projects. These include homes, offices, malls, and hotels. Its work spans cities like Bangalore, Chennai, Hyderabad, Kochi, and Goa.

4. What is the GDV target of Prestige Group?

The group targets Rs 20,400 Crores in total project value by FY29. This covers homes, offices, and mixed-use projects across India.

5. What is Prestige Group's project in Mangaluru?

Prestige Padil Mangaluru is the group's main launch in Mangaluru. It is a 23-acre project in Padil. The project has 1,900 flats across 10 towers. Prices start from Rs 52 Lakhs.

Enquiry
Enquire Now