Early Life
Irfan Razack was born in Bangalore, India, on October 30, 1953, to Razack Sattar, who founded Prestige House for Men, a clothing store. He earned a Bachelor of Arts in Economics from Bangalore University. Razack joined the family business in 1986, initially in textiles.
Rise to Success
In 1986, Irfan, along with his brothers, Rezwan and Noaman Razack, co-founded Prestige Estates Projects Ltd. Under his leadership, the company expanded from residential housing to commercial, retail, hospitality, and integrated township projects across major cities. Prestige Estates went public in 2010 and has completed numerous projects across South India, including landmark developments in Bangalore, Chennai, Hyderabad, Kochi, and Mumbai. The company has been noted for its focus on quality, timely delivery, and design excellence. His visionary approach has been instrumental in identifying and capitalizing on emerging opportunities within the real estate industry, making Prestige Estates a leading developer in India.
Key Business Strategies
Razack's approach to building Prestige Group involved several key strategies. He expanded the company's portfolio across various sectors, including residential, commercial, retail, and hospitality. He also focused on innovation, introducing integrated townships and sustainable design practices. A key strategy was maintaining a strong brand reputation and a focus on customer-centric development. Prestige has also made strategic acquisitions and partnerships. In the fiscal year ending March 2024, Prestige notched up record sales of $2.6 Billion.
Philanthropy
Beyond his business endeavors, Irfan Razack is involved in philanthropy, supporting initiatives in education, healthcare, and community development. He is also actively involved in the upliftment of the Kutchi Memon community. He has been the Honorary Secretary of Al-Ameen Educational Society for 17 years and is a Paul Harris Fellow.
