Irfan Razack holds the distinction of being the eldest son of Razack Sattar, the visionary behind the establishment of the Prestige Group.
Adobe, a company based in the United States, has acquired office space measuring 400,000 square feet in Bengaluru for a sum of Rs 505 crore. This office is located within Prestige Tech Park IV and boasts a total of 640 car parking slots. The Prestige Group, led by Irfan Razack, who serves as the chairman and managing director, owns the property. Irfan Razack is recognized as one of the wealthiest individuals in India.
In 1990, Razack had intended to retire after successfully selling his second real estate project in Bengaluru for Rs 1 crore. However, his passion for creation surpassed his retirement aspirations, leading him to become one of the most prominent realtors in the country.
In a previous interview with Forbes, Razack described himself as a meticulous and clear thinker. He expressed that while money may lose its allure over time, it is the pursuit of creativity that continues to drive individuals forward. Bengaluru holds a special place as his home turf, where the majority of his company’s projects are focused and implemented.
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He is the eldest son of Razack Sattar, who is the founder of the Prestige Group.
The company was established in 1986 and has since expanded its footprint beyond Bengaluru. It has successfully developed property spaces in various cities including Chennai, Kochi, Calicut, Hyderabad, Mumbai, and other locations.
Irfan started his career working in his father’s modest clothing shop. Through his dedication and utilizing his connections, he played a pivotal role in transforming the business into a formidable enterprise, as reported by Business Today.
In 1950, Irfan’s father, Razack Sattar, initiated a small fabric and tailoring shop. The company continues to operate this business to this day. Initially, they began by facilitating transactions between buyers and sellers. However, they eventually ventured into the real estate industry, marking the beginning of their successful journey in the field.
They also served as the primary contractor for UB City, a prestigious project pioneered by Vijay Mallya.
According to Trendlyine, his net worth amounts to Rs 11,456 crore.
In the fiscal year 2023, the company recorded sales amounting to Rs 12,930 crore. In 2014, Forbes estimated his net worth to be 1.23 billion dollars.