From humble beginnings to a $1.3 billion net worth
Irfan RazackPrestige Estates ProjectsReal EstateEntrepreneurshipBusiness Success StoriesReal Estate NewsMay 26, 2024

As of 2024 Irfan Razack's net worth stands at an impressive $1 3 billion
Irfan Razack's family has a background in the fabric and tailoring business with their shop still operating alongside Prestige Estates Projects' real estate ventures
Prestige Estates Projects has completed 285 projects and has 54 ongoing projects covering a staggering 75 million square feet
Prestige Estates Projects has a diverse portfolio spanning residential commercial retail and hospitality segments
Irfan Razack's success story serves as an inspiration to many demonstrating that with hard work determination and vision anyone can achieve greatness

Private equity investments in Indian real estate surged 15% YoY to USD 3 billion in H1 2024, driven by growth in warehousing and residential sectors.

In a move to simplify tax calculations, the government has introduced an option for taxpayers to compute capital gains tax on real estate transactions. This change is expected to benefit property sellers and reduce disputes over tax liabilities.

Mid-tier cities like Faridabad, Lucknow, Vrindavan, Ludhiana, Chandigarh, Indore, Dehradun, and Jaipur are becoming hotspots in the real estate market, offering a low-cost, peaceful life and high returns on investment.

MahaRERA appoints NAREDCO Maharashtra as the first self-regulatory organization. The Maharashtra Real Estate Regulatory Authority makes a significant step towards ensuring transparency and accountability in the real estate sector.

Real estate mogul and entrepreneur Barbara Corcoran will take center stage at the premier supply chain conference of the year in Ottawa, Ontario, Canada.

Coimbatore leads the growth with a 36% increase in sales volume, while Visakhapatnam's real estate market experiences a 21% downturn.