Bengaluru: What started as a modest tailoring shop in Bengaluru has grown into one of India’s largest real estate companies. Prestige Group Chairman and Managing Director Irfan Razack transformed his family’s clothing business into a real estate empire valued at nearly ₹70,000 crore, making it one of the country’s biggest success stories in the property sector.
The journey reflects decades of entrepreneurship, strategic planning and adapting to Bengaluru’s rapid urban growth.
A humble beginning
The roots of the business trace back to 1956, when Irfan Razack’s father, Sattar Razack, opened a men’s clothing store in Bengaluru. The shop specialised in customised shirts, trousers and business suits, earning a reputation for quality tailoring.
After completing their education, Irfan Razack and his two younger brothers joined the family business, helping expand its operations while gaining valuable business experience.
Spotting Bengaluru’s real estate potential
As Bengaluru witnessed rapid urban expansion during the 1980s, the Razack family recognised the growing demand for residential and commercial properties. Irfan Razack gradually shifted his focus from retail to land transactions and property development, laying the foundation for Prestige Group.
The company went on to develop premium residential projects, shopping malls, office spaces, hotels and mixed-use developments, establishing a strong presence across major Indian cities.
Building a trusted real estate brand
Over the years, Prestige Group has delivered hundreds of landmark projects and earned a reputation for quality construction and timely execution. Today, it is among India’s leading listed real estate developers, with projects spanning millions of square feet across residential, commercial, retail and hospitality sectors.
According to reports, the company’s market valuation has grown to around ₹70,000 crore, reflecting the remarkable transformation from a family-run tailoring business into a real estate powerhouse.
Irfan Razack’s entrepreneurial journey continues to inspire aspiring business leaders, demonstrating how vision, adaptability and long-term planning can turn a small family enterprise into a nationally recognised brand.