Prestige Group Wins Prestigious FIABCI World Prix d’Excellence Award
India’s second-largest reputed developers have cemented their positive leadership in the real estate market by winning the coveted FIABCI World Prix d’Excellence award. Known as the 'Oscars' of the real estate industry, this recognition underscores their exceptional contributions and excellence.
Award Ceremony
During the 67th FIABCI World Congress, winners were celebrated in private, joyful ceremonies attended by hundreds of guests from over 40 countries. This year’s event was hosted in Panama City, a transcontinental country bridging North and South America.
About FIABCI
The International Real Estate Federation (FIABCI) is a global network of real estate professionals. It offers opportunities for knowledge sharing, information exchange, and international business collaboration. FIABCI represents the real estate sector worldwide and holds special advisory status with the ECOSOC (Economic and Social Council) of the UN. With 65 member countries, including 100 professional associations and 3,000 individual members, FIABCI encompasses all expert professions within the real estate industry.
About Prestige Group
Prestige Group, founded in 1986, is currently India’s second-largest developer. Based in Bangalore, the company has completed over 200 projects across various cities in South India, including Chennai, Hyderabad, Kochi, Mysore, Mangalore, and Goa. The group has a market capital of Rs 5,328.75 (as of 14 March 2016 on the Bombay Stock Exchange) and is the only CRISIL DA1 rated developer in India.
The company is renowned for its luxury residential and retail market developments in South India. Notable projects include Prestige UB City, Acropolis, Prestige Shantiniketan, Prestige Golfshire, and Prestige Silver Springs in Chennai. These developments are situated in well-established areas, further enhancing their prestige.