Irfan Razack is an influential Indian businessman, best known for being the Chairman and Managing Director of Prestige Group, one of India’s top real estate development companies. Under his leadership, the company has flourished, becoming a household name in the property development sector.
Early Life and Education
- Born: October 30, 1953, in Bangalore, India.
- Family: Irfan Razack comes from a Kutchi Memon family.
- Education: He pursued his education in Bangalore, where he laid the foundation for his future career in business and entrepreneurship.
Career and Achievements
Irfan Razack co-founded Prestige Group in 1986, which has since become one of the largest and most reputable real estate development companies in India. Prestige Group is known for its diverse portfolio, including residential, commercial, retail, and hospitality projects across several Indian cities.
Key Projects by Prestige Group:
- Prestige Shantiniketan: A large mixed-use development in Whitefield, Bangalore.
- Prestige Tech Park: A commercial IT park located in Marathahalli, Bangalore.
- Prestige Golfshire: A luxurious residential project with an 18-hole golf course in Nandi Hills, Bangalore.
Over the years, Prestige Group has expanded its operations, establishing a strong presence in the real estate market with over 285 projects under its belt.
Recognition and Awards
Irfan Razack’s contributions to the real estate industry have earned him numerous accolades:
- Real Estate Excellence Award (2008)
- Best Developer Award (2009) by the Karnataka State Town Planning Development
- Entrepreneur Extraordinaire Award (2010) by the Builders Association of India and CREDAI
In 2024, Forbes India ranked him among India’s 100 richest tycoons, with a net worth of approximately $6 billion.
Philanthropy and Community Engagement
Apart from his entrepreneurial achievements, Irfan Razack is also deeply involved in philanthropy. He has contributed to various social causes, particularly in education:
- Inventure Academy: Irfan Razack is the Chairman and Co-Founder of this Bangalore-based educational institution.
- Al-Ameen Educational Society: He served as the Honorary Secretary.
- He has also been the President of the Bangalore Commercial Association (BCA) and the Chairman of CREDAI (Confederation of Real Estate Developers’ Associations of India).
Recent Recognition
In November 2024, Irfan Razack received Karnataka’s second-highest civilian award, the Karnataka Rajyotsava Award, in recognition of his significant contributions to both the real estate sector and his philanthropic efforts.
Legacy and Conclusion
Irfan Razack’s journey from a budding entrepreneur to the head of a multi-billion-dollar real estate conglomerate exemplifies the power of vision, hard work, and leadership. His work in transforming the Bangalore skyline and shaping the real estate industry in India has set a high standard for future generations of developers.
As of today, he continues to lead Prestige Group with an emphasis on innovation, sustainability, and quality. Irfan Razack’s commitment to excellence, alongside his philanthropic initiatives, underscores his legacy as one of India’s most respected business figures.
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