We are in the process of revising our website in accordance with the Real Estate (Regulation & Development) Act, 2016 and the Rules made thereunder ("RERA"), which have been brought into effect from 1st May, 2017.
As a result of this, we have updated our disclaimer policy, which can be found here. By continuing the use of our website, you are agreeing to these updated policies.
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A prominent name in India’s real estate business, Prestige Estates Projects Limited has recently been upgraded to a DA1 Developer Rating by CRISIL. DA1 is the highest rating assigned to a real estate developer.
CRISIL is India’s foremost Ratings, Research, Risk and Policy Advisory company. The rating denotes CRISIL’s opinion of the developer’s ability to execute developments as per the stipulated quality levels and time schedule, its financial stability and its ability to transfer a clear and marketable title. CRISIL has a practice of keeping all its ratings under surveillance. Important factors for assessing the developer’s organizational and financial risk include its quality systems, corporate structure, existing financial position and flexibility, management evaluation and strategies on accepting and executing real estate developments.
CRISIL has a practice of keeping all its ratings under surveillance. Ratings are revised as and when circumstances so warrant. Important factors considered for assessing the entity’s organizational and financial risk include the extent of structured quality systems, corporate structure, existing financial position and flexibility, management evaluation and strategies on accepting and executing real estate developments.
Prestige is the first among Bangalore builders to have received a DA1 rating from CIRISIL. The rating is based on the company’s below mentioned strengths:
Excellent track record in Bangalore real estate development
Experienced and professional management
Strong customer focus and marketing strategies
Strong development and project execution capabilities
Comfortable financial position & financial flexibility
Furthermore, Prestige’s ISO 9001 certification ensures standardisation of processes and maintenance of quality standards in its properties in Bangalore and elsewhere. So, whether it is a decision to buy a home or that of a commercial property investment in Bangalore or otherwise, Prestige is one name you can trust unquestioningly CRISIL believes that with a sustained effort, Prestige can uphold its ambitious growth plans in Bangalore residential properties as well as in commercial property investment. As a result, Prestige has effectively begun efforts to upgrade its systems and capacities through implementation of its ERP package and introduction of the latest construction technologies such as the Mivan Shuttering, which allows assembly line productivity in the construction of high rise and large-scale developments.
Liked what we’ve achieved? See the felicitations & awards
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CRISIL is India’s foremost Ratings, Research, Risk & Policy Advisory Company. The rating denotes…
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ISO (International Organization for Standardization) is the world’s largest developer & publisher of International Standards. Click to find out the standard they’ve set for the Prestige Group.
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Thank you for visiting The Prestige Group website.
We are currently in the process of revising our website in accordance with the Real Estate (Regulation and Development) Act, 2016 and the Rules made thereunder ("RERA"), which have been brought into effect from 1st May, 2017.
No information given on this Website creates a warranty or expands the scope of any warranty that cannot be disclaimed under applicable law. Your use of the Website is solely at your own risk.
Until our Website is duly revised and updated, none of the images, material, stock photography, projections, details, descriptions and other information that are currently available and/or displayed on the website including details of the projects/developments undertaken by the company including depictions by banners/posters of the project, should be deemed to be or constitute advertisements, solicitations, marketing, offer for sale, invitation to offer, invitation to acquire, including within the purview of the RERA.
You are therefore requested to directly verify all details and aspects of any proposed booking/acquisition of units/premises, directly with our authorised sales team. Please do not rely on the information contained on this website, until our revision and update is complete.
Please note, that we will not be accepting any bookings or allotments based on the images, material, stock photography, projections, details, descriptions that are currently available and/or displayed on the Website. We advise you to contact our Sales Team for further information.
We thank you for your patience and understanding.