ABOUT MRG GROUP
Founded by Dr. K Prakash Shetty in 1993, MRG Group has become a significant player in India’s real estate and hospitality sectors. The group’s name reflects a personal touch, incorporating the initials of Mr. Shetty’s family members: M for Madhava (his father), R for Rathna (his mother), and G for Gaurav (his son). This symbolizes his deep personal commitment to every endeavour, transcending mere business.
Today, MRG Group is synonymous with leading and reputable builders and developers across South India, boasting substantial land banks under its control. The company has pioneered numerous landmark developments and introduced luxurious lifestyle infrastructure to the region.
Under the leadership of Mr. Shetty and his son, Gaurav Shetty, who serves as the Managing Director, MRG Group has grown into a diversified conglomerate spanning real estate, hospitality, construction, infrastructure, and more. In addition to its flagship brand, Goldfinch Hotels & Resorts, MRG Group owns The DoubleTree by Hilton Goa Panaji, Courtyard by Marriott Hebbal Bengaluru, and Navi Mumbai Marriott. The group also operates Sana-di-ge, a fine dining chain specializing in coastal cuisine. MRG Group aims to expand its hospitality portfolio to 20 hotels by 2030.
PHILANTHROPIC AND EDUCATIONALIST
In the realm of business and social commitment, few names resonate as powerfully as Dr. Prakash Shetty. A titan in the hospitality and infrastructure sectors, he is the dynamic force behind the MRG Group. Yet, his influence extends far beyond the boardroom. Known for his generous heart and unwavering dedication to social causes, Mr. Shetty has touched thousands of lives through his philanthropic endeavors. His commitment to making a difference, whether it’s in the realm of education or religious causes, is as profound as his business acumen.
The grand celebration, ‘Prakashabhinandana’, marked a significant milestone in Mr. Prakash Shetty’s journey of generosity. Always a benevolent figure, this event, known as ‘NERAVU’, ignited a remarkable escalation in his charitable endeavors. A pledge made at this event, under the banner of ‘Asha Prakash Shetty Sahaya Hastha Yojane’ began with a modest sum of two crores, and has now amplified to an astonishing five crores, impacting the lives of people from all walks of life.
This impressive growth in his charitable contributions reflects his steadfast dedication to societal upliftment. His journey, which started with a single step, has now evolved into a giant leap for community betterment, truly embodying the spirit of giving.
In the face of the COVID-19 pandemic, when the hospitality industry was grappling with unprecedented challenges, Mr. K. Prakash Shetty’s philanthropic spirit stood tall. Unwavering in the face of adversity, he ensured no one in coastal Karnataka went without a meal. His generosity reached over 20,000 families who received essential food kits. His actions, costing crores, were not measured in monetary terms, but in the widespread impact he had on lives during these trying times.
Every Thursday, a wave of generosity sweeps across the properties of Mr. Prakash Shetty. It’s called ‘Ahara’, a Sanskrit word for food. From Delhi to Bombay to Bengaluru to Mangaluru, the aroma of kindness fills the streets as lunch is served to those in need.
This tradition, upheld for years, is a testament to Mr. Shetty’s philanthropic spirit, a weekly reminder of his commitment to nourishing not just bodies, but also souls.
In times of natural calamities, be it the floods in North Karnataka, Kodagu, or Bethangady, Mr. K. Prakash Shetty’s team from the MRG group was always at the forefront of relief efforts. Their unwavering presence and support, providing essentials like blankets, was a beacon of hope for the affected communities. Mr. Shetty’s generous contributions to various relief funds, amounting to crores, underscore his commitment to stand by his fellow citizens in times of need. His actions are a testament to his belief that we rise by lifting others.