Why Chennai Homebuyers Trust Prestige Group: 40 Years, 13 Cities


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Chennai homebuyers trust Prestige Group for three proven reasons. The company has a 40-year track record across 13 Indian cities. It holds the CRISIL DA1+ "Excellent" rating, India's highest developer grading.

has completed 316 projects covering 212 million sq ft. No promise drives this trust. Audited, stock-exchange-filed numbers do.

The company is now building Prestige Falcon City in Medavakkam, Chennai. The same legacy stands behind this 28-acre township.

Prestige Group's Track Record in Numbers


These figures come from the company's FY26 investor presentation and audited results.

Metric Detail
Years in business 40 years
Cities 13 across India
Completed projects 316 projects, 212 mn sq ft
FY26 sales ₹30,024 crore (+76% YoY)
FY26 net profit ₹1,312 crore (+113% YoY)
Units sold in FY26 11,692 homes
Developer grading CRISIL DA1+ "Excellent"
Credit rating ICRA A+ "Stable"

Prestige Group crossed 200 million sq ft of completed work in FY26. Very few Indian developers have ever reached this scale.

Reason 1: Prestige Group Delivers Homes on Time


Delayed possession is the biggest fear for any homebuyer. Prestige Group's record answers this fear directly.

The company delivered 18.22 million sq ft in FY26 alone. It completed its first Mumbai projects in just 3.5 years. That is faster than most builders manage in their home cities.

What Timely Delivery Means for You

Every month of delay costs you rent plus EMI together. A builder with execution discipline protects your money. Prestige's delivery speed is proof, not a promise.

Reason 2: Prestige Group Has Verified Financial Strength


A builder's financial health decides your project's fate. Weak builders stall projects when sales slow down.

Prestige Group is listed on the NSE and BSE. S.R. Batliboi & Associates, an EY India affiliate, audits its accounts. The FY26 results show:

  • Revenue of ₹13,195 crore, up 70% from last year
  • Net profit of ₹1,312 crore, more than double FY25
  • A dividend of ₹2 per share was declared for shareholders
  • Earnings per share of ₹27.76, up from ₹11.19

A profitable, dividend-paying builder does not abandon projects. Your booking sits on a strong foundation.

Reason 3: Trusted Across 13 Cities, Not Just One


Many builders succeed in one city and fail in new markets. Prestige Group has repeated its success across India.

  • Bengaluru: Home base with the largest share of projects
  • Mumbai: First projects delivered in a record 3.5 years
  • NCR: Debut project clocked ₹9,500 crore in first-year sales
  • Hyderabad, Kochi, Goa: Active townships and growing pipelines
  • Chennai: Falcon City, Pallavaram Gardens, and more are underway

This multi-city success matters for Chennai buyers. The systems behind 316 projects now serve Medavakkam.

What Independent Agencies Say About Prestige Group


Third parties verify every trust claim Prestige makes:

  • CRISIL DA1+ "Excellent": India's highest developer grading, renewed in FY26
  • ICRA A+ "Stable": Strong credit rating for debt safety
  • Great Place to Work: Certified for employee culture
  • British Safety Council 4-Star: Recognized site safety standards
  • ICAI Gold Award: For honest financial reporting

These ratings come from independent agencies, not advertisements. You can verify each one yourself.

Prestige Group's Growing Chennai Commitment


Chennai contributed ₹2,382 crore to Prestige's FY26 sales. The company wants much more from this market.

It bought 28 acres in Medavakkam for Prestige Falcon City. The project carries a ₹5,000 crore development value. A Forum Mall is also planned inside the township.

Your home in Falcon City carries 40 years of proof behind it.

Prestige Group Prelaunch Project is Prestige Falcon City Chennai.

FAQs


1. How old is Prestige Group?

Prestige Group has a 40-year legacy in Indian real estate. The Razack family founded it in Bengaluru in 1986.

2. Is Prestige Group a safe builder to buy from?

Yes. Prestige holds the CRISIL DA1+ rating, India's highest developer grading. It has completed 316 projects across 212 million sq ft.

3. How many cities does Prestige Group operate in?

Prestige Group operates in 13 Indian cities. These include Chennai, Bengaluru, Mumbai, Hyderabad, NCR, and Kochi.

4. What is Prestige Group building in Chennai?

Prestige is building Falcon City, a 28-acre township in Medavakkam. The project includes apartments and a planned Forum Mall.

5. Does Prestige Group deliver projects on time?

Yes. Prestige delivered 18.22 million sq ft in FY26 alone. Its Mumbai projects finished in a record 3.5 years.

6. Is Prestige Group financially stable?

Yes. FY26 net profit doubled to ₹1,312 crore on audited results. The company also declared a ₹2 per share dividend.

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