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Wednesday, April 27, 2016
BWI: The Prestige Group Bags a Whopping 16 Awards at the Asia Pacific Property Awards 2016
Source : The Prestige Group
Wednesday, April 27, 2016 11:30AM IST (6:00AM GMT)
The Prestige Group Bags a Whopping 16 Awards at the Asia Pacific Property Awards 2016
Bangalore, Karnataka, India
The Prestige Group, India’s second largest developers were the recipients of 16 awards at the Asia Pacific Property Awards this year, thereby once again proving the reason for their undisputed leadership position in the market. The Asia Pacific Property Awards are the most prestigious awards in the Asia Pacific region. The awards were given at a glittering ceremony at the Shangri-La Hotel, Kuala Lumpur. The Prestige Group competed against the best property professionals across Asia Pacific and was chosen from hundreds of industry professionals to be the recipient of these awards. By getting awards for their residential, commercial, retail and hospitality projects as well as for their interior design work, planned and executed by Morph Design Company, the Prestige Group reinforced that the international levels of quality and design offered by them in their developments excel across segments.
A listed company with a turnover in excess of Rs. 3518 Cr (For FY15), they are the only developers from South India to boast of such a widely diverse portfolio covering the residential, commercial, retail, leisure, hospitality and education segments.
Ms. Uzma Irfan – Director, Prestige Group said, “It is the love and loyalty of our patrons that give us the motivation to strive harder to create new benchmarks within the industry. These awards are dedicated to the numerous happy and satisfied clientele of the Prestige family and to all our dedicated employees who work extremely hard to make our vision into a reality.”
Currently in their 24th year, the Asia Pacific Property Awards are judged by an independent panel of 70 industry experts. Judging focuses on design, quality, service, innovation, originality, and commitment to sustainability.
About the Asia Pacific Property Awards 2016
The judging panel is chaired by Lord Caithness, Lord Best, and Lord Liverpool - members of the House of Lords in the UK Parliament.
The Asia Pacific Property Awards are the region’s largest, most prestigious, and widely recognised programme.
Entries for the Asia Pacific Property Awards were received from companies in 26 countries across the Asia Pacific region.
Started in 1986, the Prestige Group is currently the second largest developer in India. Headquartered in Bangalore, the company has projects in cities across South India including Chennai, Hyderabad, Kochi, Mysore, Mangalore and Goa. Having completed close to 200 projects, they are the only real estate developer in Bangalore to have won the reputed FIABCI Award for their software and residential facilities. Currently, the market capital of the listed company is Rs. 5,328.75 Cr (BSE, as of 14 March 2016). The Prestige Group is the only CRISIL DA1 rated Developer in India. They are one of the prime movers in the mid-segment to premium and luxury real estate space. The company has pioneered luxury residential and retail developments in South India with landmark developments like UB City, Prestige Acropolis, Prestige Shantiniketan, Prestige Golfshire, Prestige Silver Springs (Chennai), The Forum mall and Prestige Lakeside Habitat, among many others, to its credit.
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