Prestige Olive Oak Developer

Prestige Olive Oak is an upcoming Prestige Group plotted community at Chikkajala, on the Bellary Road / NH 44 airport corridor of North Bengaluru. It comes from Prestige Estates Projects Limited, a developer listed on the NSE and BSE with an established plotted track record in North Bengaluru. The group has developed property in Bengaluru since 1986, and its work now covers homes, offices, malls, hotels and property services in 13 cities.

This page introduces the company behind Olive Oak: its history, leadership, scale, business segments and plotted layouts in North Bengaluru. It also explains how to use Prestige's public disclosures when you assess the project. Figures are from Prestige's Q1 FY27 investor presentation (29 July 2026), with company data as at 30 June 2026, unless stated otherwise.

Prestige Olive Oak project status

Olive Oak brings the Prestige plotted format to Chikkajala, a locality on Bellary Road that Deccan Herald reporting describes as lying on the airport road to Kempegowda International Airport. The project's current status is summarised below.

Olive Oak is not open for sale. Check the K-RERA register at rera.karnataka.gov.in before paying any amount.

Prestige Group at a glance

Heritage

Prestige Olive Oak's developer grew out of a Bengaluru family business. The late Razack Sattar founded the family's retail business in the 1950s. In 1986 his sons Irfan, Rezwan and Noaman Razack took it into real estate development. The company now known as Prestige Estates Projects Limited was incorporated in 1997, originally as Prestige Estates Projects Private Limited, and listed on the NSE and BSE in 2010. The company marks 2026 as its 40th year.

Two dates appear in Prestige's history, and they mean different things. "1986" is when the group began developing property. "1997" is when the listed company was incorporated. Agreements and regulatory filings name the company, so the 1997 entity is the one to look for in paperwork.

Over four decades Prestige has grown from Bengaluru residential projects into a group that also runs commercial offices, retail, hospitality and property management. Its residential tables list projects in Bengaluru, Hyderabad, Chennai, Mumbai, NCR, Kochi, Kozhikode, Mangaluru, Goa and Ooty. The company also holds a 40% interest in the UB City retail space in Bengaluru.

Leadership

Prestige Olive Oak is being developed by a company led by its founding family, with professional management in each business. From the board and management slides of the Q1 FY27 investor presentation:

• Irfan Razack, Chairman and Managing Director
• Dr. Rezwan Razack, Joint Managing Director and co-founder, who handles the group's construction and engineering activities
• Noaman Razack, Whole-time Director, who leads the retail vertical
• Uzma Irfan, Director, Corporate Communications
• Swaroop Anish, Executive Director and CEO, Residential and Business Development
• Tariq Ahmed, Executive Director and CEO, West India
• Amit Mor, Chief Financial Officer

The residential and business development role is the one most closely linked to new projects such as Olive Oak, since business development covers how land is acquired and how projects are structured before launch.

Scale of operations

Prestige Olive Oak joins a large portfolio. As at 30 June 2026, the Q1 FY27 investor presentation reported:

Olive Oak sits in the "upcoming" residential column: 35 projects totalling 53 million sq ft that had not launched at that date. The "ongoing" column covers projects under construction, and "completed" covers delivered work. For a buyer, the completed column shows delivery history, and the ongoing column shows how much the company is building at the same time.

Financial standing

Sales and collections measure different things. Sales are the value of homes and plots booked in a period. Collections are the cash actually received from buyers in that period. Revenue is recognised under accounting rules and usually lags both. Read the three together, and from the same quarter, when you compare figures across periods.

Business segments

Prestige Olive Oak belongs to the residential business, one of five segments in the Q1 FY27 investor presentation:

The presentation names commercial assets such as Prestige Tech Park and Prestige Tech Pacific Park. Its hospitality holdings include the Sheraton Grand Bengaluru Whitefield and the JW Marriott Prestige Golfshire Resort & Spa. Retail runs under the Forum brand, including Forum South Bengaluru and Forum North Bengaluru.

Plotted developments are listed as a distinct residential format, alongside apartments and villas. That matters for Olive Oak: a plotted layout is sold as land with shared infrastructure, so the documents that count most are the layout approval, title and the K-RERA filing, rather than building plans.

Prestige Group plotted developments in Bangalore

Prestige Olive Oak extends Prestige's plotted work in North Bengaluru. The K-RERA register lists these Prestige plotted layouts, checked on 21 September 2026:

This is a list of documented examples, not a complete count. Prestige Park Drive, a plotted development near Bellary Road, also appears on the register. Each layout is a separate project, and its plot count, area, price and completion date do not describe Olive Oak.

The register shows three things about how Prestige works with plots:

• Each layout, and each phase, is registered separately. Gardenia Estate and Marigold each have two registrations. A later phase gets its own number, its own area and its own filed completion date.
• Layout sizes vary widely. In the table above they run from about 21 acres to about 55 acres, so the size of one Prestige layout says nothing about another.
• The registered promoter can be a partner entity. Both Marigold phases name Ace Realty Ventures as promoter, not Prestige Estates Projects Limited. The name on the registration is the party responsible to buyers under that filing.

The filed completion date is the date the promoter gave K-RERA when registering. It is a commitment on the register, not a delivery record. To check progress on any layout, look at the updates on its K-RERA page.

Prestige new projects in North Bangalore

Prestige Olive Oak is one of several Prestige projects on the north side of the city. In plots, Prestige Park Drive near Bellary Road and the registered layouts listed above are already on the K-RERA register. In apartments, Prestige Camden Gardens on Thanisandra Main Road is registered with K-RERA, and Prestige Avon at Bellahalli on Thanisandra Main Road is upcoming.

Olive Oak is listed in the Q1 FY27 investor presentation with launch indicated for FY 2027-28. Projects in Prestige's upcoming tables open for sale only after K-RERA registration and launch, so an upcoming listing shows intent, not available stock.

Reading Prestige's upcoming-projects list

Prestige Olive Oak's place in the pipeline is set out in the company's quarterly investor presentations, which list upcoming projects with an indicated launch year. Three points help when you read them:

• Launch years are indications, and they can move. Prestige's own disclosures show other upcoming Bengaluru projects shifting. Prestige Oakville moved from FY26 to FY28, and Prestige Windgates moved from FY26 to FY27 and then to FY28. Olive Oak's FY 2027-28 indication is the position as at 29 July 2026.
• Prestige's financial year runs from April to March. FY 2027-28 therefore means April 2027 to March 2028.
• Each new quarter's presentation updates the list. When the next presentation is published, compare Olive Oak's entry with the Q1 FY27 entry and note any change to the launch year.

Launch dates quoted elsewhere that differ from Prestige's own disclosure should be treated as unconfirmed until Prestige announces them.

Listed-company transparency

Prestige Olive Oak's developer reports to the stock exchanges every quarter. For a buyer, this means:

• the company's results and investor presentations are public on the NSE and BSE
• the upcoming-projects table, where Olive Oak is listed today, is updated through those disclosures
• the company's ratings, CRISIL DA1+ and ICRA A+ (Stable), are reported in the presentation (slide 3 of the Q1 FY27 deck)

The company's disclosures cover the developer as a whole. The K-RERA register covers each project. Together they give buyers public sources for following both.

Names that sound similar

Prestige Olive Oak is a different project from these similarly named properties:

• Prestige Oakville: a separate upcoming apartment project in Koramangala
• Prestige Oakwood: an older apartment building in Koramangala
• Oakwood Premier Prestige: a serviced-apartment property
• Oakwood @ The Prestige City Indirapuram: an apartment project in NCR
• OAKVILLE on the K-RERA register: a plotted project by a different promoter, MH Properties

When you search the K-RERA register, search for the exact project name and check the promoter and village on any result.

What to ask for before you commit

Use Prestige's public record to judge the developer, and the project's own documents to judge the project. Before paying anything for Olive Oak, ask for:

• The K-RERA registration number. Look it up yourself at rera.karnataka.gov.in and check that the project name, village and promoter match what you have been told.
• The promoter's name. If the project is developed with a partner, ask which entity is the registered promoter and which entity signs your agreement and receipts.
• The layout approval. Ask which authority approved the layout and for a copy of the approved plan showing your plot's number, dimensions and area.
• Title and survey numbers. Ask for the survey numbers of the land and the title documents filed with the registration.
• The filed completion date. Read it on the K-RERA page rather than relying on a verbal date.
• The price and payment schedule in writing. Ask for an official price sheet from Prestige, including any charges beyond the plot rate.
• Refund terms. If any amount is requested before registration, ask in writing what it is for and on what terms it is refundable.

About the builder FAQs

Who is the builder of Prestige Olive Oak?

Prestige Estates Projects Limited, the company behind Prestige Group, headquartered at Prestige Falcon Towers, Brunton Road, Bengaluru.

Is Prestige a listed company?

Yes. It is listed on the NSE (PRESTIGE) and the BSE (533274), and has been since 2010.

When was Prestige founded?

The group moved into real estate development in 1986. The company was incorporated on 4 June 1997.

Who leads Prestige Group?

Irfan Razack is Chairman and Managing Director. Dr. Rezwan Razack is Joint Managing Director, and Swaroop Anish is Executive Director and CEO, Residential and Business Development.

How many projects has Prestige completed?

As at 30 June 2026, 319 projects totalling 216 million sq ft across all segments, including 165 residential projects (145 million sq ft).

Does Prestige build plotted developments in Bangalore?

Yes. Its K-RERA-registered layouts in North Bengaluru include Gardenia Estate, Autumn Leaves, Greenbrook, Crystal Lawns and Marigold. Prestige Park Drive is a plotted development near Bellary Road. Their details do not apply to Olive Oak.

What ratings does Prestige hold?

A CRISIL DA1+ developer grading and an ICRA A+ (Stable) rating, according to its Q1 FY27 investor presentation.

Is Prestige Olive Oak registered with K-RERA?

Not yet. No registration number had been published as at 4 November 2026. Check rera.karnataka.gov.in before paying anything.

When will Prestige Olive Oak launch?

Prestige's Q1 FY27 investor presentation (29 July 2026) indicates a launch in FY 2027-28, which runs from April 2027 to March 2028. No launch month has been announced.

Where can I follow updates on the project?

Prestige's quarterly investor presentations on the NSE and BSE, and the K-RERA register once the project is registered. You can also register through the enquiry form for launch alerts.

Prestige Olive Oak carries the Prestige name to Chikkajala on the Bellary Road corridor. Register through the enquiry form to hear when the project launches.