Founder Editor Team
In the bustling city of Bengaluru, known for its rapid urbanization and flourishing IT sector, Irfan Razack’s journey from a modest tailor to the helm of one of India’s premier real estate companies, Prestige Estates, is nothing short of inspirational. Born into a family with limited means, Razack’s early life was marked by hardship and perseverance, qualities that would later define his career.
Razack’s entrepreneurial spirit was evident from a young age. After completing his education, he initially took up tailoring to support his family. This period was crucial as it taught him the value of hard work, customer service, and the importance of attention to detail—skills that would later serve him well in the real estate industry. His tailoring shop, though small, became a testament to his dedication and business acumen.
The turning point in Razack’s career came when he decided to venture into real estate. In 1986, he founded Prestige Estates with his brothers Rezwan and Noaman Razack. The company started small, with a focus on residential projects. However, Razack’s vision extended beyond just building homes; he aimed to create communities and landmarks that would stand the test of time. This ambition set Prestige Estates apart from its competitors.
Under Razack’s leadership, Prestige Estates quickly gained a reputation for quality and innovation. The company’s projects were characterized by their superior design, construction, and timely delivery. Razack’s commitment to excellence was unwavering, and he personally oversaw many aspects of the business to ensure that his high standards were met. This hands-on approach earned the trust of customers and investors alike.
The 1990s and 2000s were transformative decades for Prestige Estates. As Bengaluru’s IT boom drove demand for commercial and residential spaces, the company expanded its portfolio to include luxury residential complexes, commercial spaces, and retail developments. One of their flagship projects, the Prestige Group Forum Mall, became a landmark, setting new standards for retail development in India. This project not only showcased Razack’s visionary thinking but also highlighted his ability to anticipate market trends and deliver on consumer expectations.
By 2010, Prestige Estates had become a household name in the Indian real estate market. The company’s IPO was a resounding success, further solidifying its position as a market leader. Razack’s strategic decisions, such as diversifying into different segments of real estate and expanding into new geographies, played a crucial role in this success. Today, Prestige Estates boasts a diverse portfolio, including residential, commercial, retail, and hospitality projects, with a presence in multiple cities across India.
Razack’s journey from a tailor to a real estate mogul with a net worth of Rs 10,814 crore is a testament to his resilience, vision, and entrepreneurial spirit. His story serves as an inspiration to aspiring entrepreneurs, demonstrating that with hard work, determination, and a clear vision, it is possible to overcome humble beginnings and achieve extraordinary success. Irfan Razack’s legacy is not just in the skyscrapers and malls that dot the skyline of Bengaluru and other cities but in the countless lives he has touched and the standards he has set in the real estate industry.4o
