Irfan Razack

Irfan Razack (born 1953) comes from a Kutchi Memon family. His father, Razack Sattar, founded “Prestige House for Men,” a small fabric and tailoring shop on Commercial Street, Bengaluru, in 1956. Razack holds a Bachelor of Arts in Economics from Bangalore University. == Career ==

In 1986, Irfan Razack formally established Prestige Estates Projects Limited, expanding the family business from retail into real estate development. Under his leadership, the company developed major residential, commercial, retail, and hospitality projects across Bengaluru, Chennai, Hyderabad, Kochi, and Mumbai. Prestige Estates became one of India’s largest listed real estate developers after its IPO in 2010, and diversified into malls, hotels, and integrated townships. Razack has also served as President of the Bangalore Commercial Association, Chairman of CREDAI Bengaluru, and Honorary Secretary of the Al-Ameen Educational Society. == Awards and recognitions ==

Irfan Razack has received several awards and honours for his contributions to real estate and business leadership. He was conferred the title of Fellow of the Royal Institution of Chartered Surveyors (FRICS) in 2013. He has also been recognised by India Today as Best CEO in the Real Estate category in 2022. == Controversies and legal issues ==

Prestige Estates Projects Ltd., led by Razack, was part of a long-running land dispute concerning 3.2 acres at Pattandur Agrahara, near Whitefield, Bengaluru. In August 2022, a division bench of the Karnataka High Court upheld an earlier order that brought relief to Prestige Estates and Joy Ice Creams in the matter. Razack has also figured in tax litigation. In 2014, the Karnataka High Court decided an appeal titled Commissioner of Income Tax v. Irfan Razack, Director of Prestige Estate Projects (P) Ltd concerning income-tax matters. Prestige Estates has also been a party to consumer disputes in various fora, typical of large real-estate developers; for example, proceedings recorded in State Consumer Disputes Redressal Commissions in 2014 and later years. == References ==