I rfan Razack is an Indian billionaire real estate tycoon who is the chairman and managing director of the Prestige Group, one of South India's largest and most successful property developers. He and his two younger brothers, Rezwan and Noaman, inherited their family's small clothing and tailoring business. They later made a major and highly successful pivot into the real estate industry.
Under Irfan's leadership, the Prestige Group has grown into a massive enterprise, known for developing a wide range of properties, from large-scale residential communities and luxury villas to major shopping malls (under the Forum brand), office complexes, and hotels. The company has a dominant presence in the Bengaluru real estate market and has expanded its operations to other major South Indian cities. He is the public face and strategic leader of the publicly traded company that he and his brothers built into a real estate powerhouse.
Advertisement
Irfan Razack is an Indian businessman, the self-made billionaire Chairman and Managing Director of Prestige Estates Projects (NSE: PRESTIGE), one of India's top real estate developers. Born in Bangalore, Karnataka, in 1953, he comes from a family with a deep-rooted legacy in the construction and textile business.
Razack began his career by managing his family's modest textile business before making the pivotal shift to real estate in 1986. He founded Prestige Estates Projects Limited with his brothers, Rezwan Razack and Noaman Razack, recognizing the immense, untapped potential of property development in Bangalore (India's Silicon Valley).
Irfan Razack's strategic genius was his commitment to quality, innovation, and customer-centricity in real estate development, a crucial differentiator in a competitive market. Prestige Group began with small residential projects in Bangalore in 1986 and quickly built credibility, expanding its portfolio to 300 completed projects across residential, commercial, retail, and hospitality sectors (including expansion into Mumbai).
He is recognized by the Retailers Association of India as a pioneer of the modern shopping centre. His work has significantly transformed South India's skyline. Razack, along with his brothers, has successfully guided the company through its IPO, securing their multi-billion dollar fortune (estimated at $5 billion in 2025). He has been honored with the Lifetime Achievement Award at the 2025 ET Business Awards.
Advertisement
Founds Prestige Estates Projects Limited (Founding/Pivotal Event).
Prestige expands its portfolio to include commercial, retail, and hospitality projects (Strategic Diversification).
Prestige Estates executes its successful IPO (Financial Milestone).
Honored with the Lifetime Achievement Award at the ET Business Awards (Industry Honor).
Continues as Chairman and Managing Director, guiding the real estate empire (Executive Oversight).
Irfan Razack's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded real estate giant, Prestige Estates Projects (NSE: PRESTIGE).
Advertisement
Irfan Razack's social impact is massive and structural, stemming from Prestige Group's role in providing essential housing, commercial, and retail infrastructure that is foundational to the economies of Bangalore and South India. The company provides thousands of stable jobs in construction and management.
His personal philanthropy supports various education, healthcare, and community welfare initiatives. His structural contribution is tied to the successful professionalization and scaling of the South Indian real estate development sector.
Irfan Razack maintains the professional, composed style of an Indian executive. His attire is consistently formal and high-quality, favoring tailored suits or traditional Indian business attire. His aesthetic reflects stability and confidence, befitting a major figure in the high-stakes real estate market.
Residing in Bangalore, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, retail innovation, and the long-term, stable growth of the Indian property sector.
Advertisement
No publicly available quotes.
Advertisement
+0.03% | +$0.91M
-0.34% | -$87.27M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
If you find any inaccuracies, please report them to admin@redcarpetlife.in
Sponsored Content