Irfan Razack is a stickler for quality and a patron of change
Irfan Razack saw the Rashtrapati Bhavan for the first time when he was a college student. “I was amazed by the grandeur of that place,” he says. The Lutyens masterpiece left such a lasting impression on him that he went on to make some of the iconic buildings in Bengaluru’s urbanscape. His Prestige Group developed properties like Prestige Shantiniketan, Prestige Golfshire Club, The Forum mall and UB City.
Bengaluru’s skyline is now dominated by the landmarks Razack, 64, has created. “We wanted to focus on a mix of commercial and residential projects ever since we started our business, and we have been successful in that,” he says. His father, Razack Sattar, ran the popular tailoring shop, Prestige House for Men, in Bengaluru. Irfan and his brother, Rezwan, helped him in the business. It was Rezwan who started the property trading business in the mid 1980s. Later they got into construction.
“The initial capital was internal accruals and a bit of borrowing,” says Razack. “From there it moved into private equity, and we went in for an IPO in 2010.” Prestige Group has completed 210 projects, covering more than 80 million square feet. It is currently building 53 projects, covering 54 million sqft. And, there are 35 upcoming projects.
This story is from the October 08, 2017 edition of THE WEEK.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 08, 2017 edition of THE WEEK.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
BIOPIC AND BEYOND
Randeep Hooda may have proved his acting credentials with biopics, but typecast him at your own peril
Flutter of flimsy wings
Butterfly Research Centre in Bhimtal boasts 3,500 butterfly and moth specimens
SIMILAR STATES, DIFFERENT BATTLES
The Congress seems to have the edge in Telangana while in Andhra Pradesh, Chandrababu Naidu and Jagan Mohan Reddy are locked in a bitter battle
A RIDE TO REMEMBER
On board Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy’s bus as he was attacked
Winning 14 of 17 seats is my target
Anumula Revanth Reddy is on a mission to demonstrate a democratic and egalitarian facet of power and leadership.
LOTUS TAKES ROOT
Buoyed by its slowly growing acceptance among the voters in Tamil Nadu, the BJP is mounting its fiercest offensive ever
BLANK CHECK
Several factors favour an increase in the BJP’s vote share in Kerala, but whether the party can win a seat remains uncertain
CONGRESS HAS A HISTORY OF MAKING ADJUSTMENTS WITH COMMUNAL FORCES
In April 2021, as Chief Minister Pinarayi Vijayan was leading the CPI(M)’s assembly poll campaign to win a second consecutive term, a spirited debate erupted in Kerala over an epithet that party workers had bestowed on him.
POLL PLOT
Congress hopes its five guarantees’ will blunt BJP’s aggressive push
MODI'S GUARANTEES REMAIN IN SPEECHES, MY GUARANTEES ARE FULFILLED
The transformation is unmissable. The old-school mass leader Siddaramaiah has suddenly switched into the new avatar of a master strategist.
