Who Owns Prestige Group

Prestige Group or Prestige Estate Construction LTD is one of India's leading real estate companies. At its heart is Irfan A. Razack, the founder and driving force behind the company's growth. This blog shares his story, the family that stands with him, and the people who help run the business today. We update this page often, so you always get the latest on the Prestige Group owner!

Early Life & Family Business

• Humble Beginnings: Irfan A. Razack was born into a business family in Bengaluru. His father, Razack Sattar, opened a small fabric and tailoring shop in 1950.
• Learning the Ropes: As a boy, Irfan and his brothers helped at the shop. They learned about hard work, caring for customers, and paying attention to details—skills that shaped Irfan's future.

Education & Leadership Training

• College Days: Irfan earned a Bachelor of Commerce degree from St. Joseph's College, Bangalore University.
• Global Exposure: He attended a leadership course at the United Nations University International Academy in Jordan.
• Lifetime Honor: In recognition of his career, his alma mater awarded him a Lifetime Achievement Award.

From Middleman to Market Leader

• Real Estate Start (1986): Irfan began as a broker, matching homebuyers with sellers.
• First Projects: He took a bold step by building small residential homes in Bangalore under the name Prestige Group.
• Shopping Mall Vision:
  • Forum Koramangala: The city's first modern mall.
  • The Collection at UB City: India's first luxury mall.
• Public Listing (2010): Prestige Estates Projects Limited went public, raising funds to expand across India.

Key Milestones

• ISO 9001:2000 Certification: First Bangalore developer to earn this quality mark.
• National Expansion: Projects now in Bengaluru, Mumbai, Hyderabad, and Delhi-NCR.
• Record Sales (FY23): Over ₹1,29,000 million in turnover.
• Landmark Homes: Prestige Shantiniketan, Prestige Lakeside Habitat, and many more.

The Family Behind the Brand

Irfan Razack still runs Prestige with his family:

• Rezwan Razack: Joint Managing Director (younger brother)
• Noaman Razack: Whole-time Director (younger brother)
• Uzma Irfan: Director (daughter)

They also keep their original fabric shop going, blending old traditions with modern real estate.

Today's Leadership Team (As of May 2025)

• Board of Directors: Neelam Chhiber, S N N Nagendra, Ravindra M. Mehta, T Srikanth Bhagavat
• Executive Directors: Faiz Rezwan, Zackria Hashim, Zaid Sadiq, Anjum Jung, and more
• Chief Executive Officers: Juggy Marwaha (Offices), Tariq Ahmed (West India), and others
• CFO: Amit Mor
• Company Secretary: J V Manoj Krishna

Each leader brings special skills in projects, finance, legal, hospitality, and more.

Awards & Philanthropy

• Industry Honours:
  • Real Estate Professional of the Year (2008)
  • Best Developer Award (2009–10)
  • Entrepreneur Extraordinaire (2010)
  • IHC London & IIHM Lifetime Achievement (2023)
• Giving Back:
  • Supports the Akshaya Patra mid-day meal program
  • Partners with St. John's Hospital for eye care
  • Co-founded Inventure Academy, a top K–12 school in Bengaluru

FAQs

1. Who founded Prestige Group?
Answer: Irfan A. Razack started Prestige Group in 1986.

2. What awards has Irfan Razack won?
Answer: He has received top real estate and lifetime achievement awards, including honours in 2008 and 2023.

3. Who is the owner of Prestige Razack?
Answer: The company is owned and led by Irfan A. Razack and his family.

4. What is the success story of Irfan Razack?
Answer: From helping in a small fabric shop to building India's first luxury mall, his journey shows vision and hard work.

5. How rich is Irfan Razack?
Answer: While exact net worth numbers vary, he tops many lists of India's most successful real estate leaders.

6. What is Irfan Razack's family background?
Answer: His father began a textile shop in 1950. Today, Irfan's brothers and daughter also guide Prestige Group.

Prestige Group pre launch new projecct is Prestige Suncrest