The owner of 'Prestige' built an empire of 70,000 crores from a small tailor shop

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The hands that used to sew clothes in a small garment shop in Bengaluru have changed the direction of the real estate sector in India today, building and growing a giant empire worth more than 70,000 crores.

So here is the interesting story of this 'Samrat' (owner) of the society. Yes, the path taken by the Prestige Group, which started from a small tailor shop on Commercial Street, to building skyscrapers and huge luxury apartments in the country today, is no less than the story of any movie. The charioteer of this amazing success is Irfan Razak.

Irfan Razak's inspiring journey:

Coming from a modest background, Irfan Razak capitalised on his own hard work, vision and customer trust. Here is the inspiring story of Irfan Razak, who built India's second-largest real estate company. The path that Prestige Group has taken, which has grown into a huge empire today, has been a very exciting one.

The architect behind this success is Irfan Razak, the chairman and managing director of the company. He started from a small business and built a huge business worth more than Rs 70,000 crore, setting a role model for the younger generation.

Irfan Razak's family background:

Irfan Razak's father, Razak Sattar, opened a small clothing and tailoring shop called 'Prestige House for Men' on Commercial Street in Bangalore in 1956. In this shop, which was known for quality and trust, Irfan Razak and his brothers Razwan and Nauman used to help their father in the business from childhood. On the path to the real estate business, Irfan, who completed his degree in economics from Bangalore University, dreamed of expanding the family business further

 In the 1980s, he sought opportunities in the real estate sector and officially established the company 'Prestige Estates Projects' in 1986, attracting attention. Initially, he started small-scale housing projects in various parts of Bangalore, including Koramangala, and gradually moved on to large-scale businesses.

As Bangalore grew into an IT hub in the 1990s, there was a huge demand for Prestige's large residential and commercial complexes. The construction of UB City was a turning point in the growth of the Prestige Group. This luxury mall and commercial centre, built in the heart of Bangalore in partnership with Vijay Mallya, made the Prestige brand recognisable on a global scale.

Global giants such as Apple, US-based Caterpillar, Armani, and Louis Vuitton are operating in the commercial buildings of the Prestige Group. Prestige Group expands its business across the country. Today, Prestige Group is not limited to residential buildings alone. It has also built premium apartments, IT parks, shopping malls, luxury hotels and integrated townships. After Bangalore, Prestige has made its mark in Chennai, Hyderabad, Kochi, Kozhikode and, recently, Mumbai.

With Irfan Razak's vision and hard work, Prestige Estates is today a BSE and NSE-listed company and has emerged as the second largest real estate company in the country after DLF. According to the Forbes Rich List, the personal assets of Irfan Razak and his family are worth billions of dollars (more than Rs 10,000 crore).

Furthermore, considering his significant contribution to the real estate and social sectors, the Karnataka government has honoured him with the 'Karnataka Rajyotsava Award' in 2024. Overall, it would be safe to say that Irfan Razak's journey, which started with just a tailoring shop and grew into one of India's most successful real estate businesses based on customer trust and high quality, is a great inspiration to millions of young people who want to become entrepreneurs.