Prestige Estates Projects Ltd.

Irfan Razack, Chairman & Managing Director, Prestige Group

Irfan Razack founded the Prestige Group in 1986 and today, the company has completed several million sq. ft of real estate development across the residential, commercial, retail, leisure and hospitality sectors.

Irfan led the development of the first mall containing a multiplex in India, which was incidentally also the very first mall in south India (Forum Koramangala) in 2004, and the first and only luxury mall in south India, The Collection – UB City in 2008.

He served as Chairman of CREDAI (National) for a period of two years, completing his term in March 2017.

He was also the Honorary Secretary of Al Ameen Education Society for 21 years.

He is a familiar face in prominent industry body meets and is often called upon as a special invitee to the Southern Regional Council of CII.

Muhammad Ali, Chief Executive Officer – Retail, Prestige Group (Forum Malls).

Ali has been with the Prestige Group since the inception of its Mall Business and has over 21 years of experience in Shopping Centre development and management.

He is the Chief Executive Officer, leading the Retail Division, pivotal in launching the very first organized and functional mall of the country in 2004 – The Forum Koramangala – a mall that redefined shopping - with a state of the art 9 screen multiplex, best of fashion brands and anchors, a 12 kitchen and 700-seater food court.

His experience and expertise predominantly span over Shopping Centre development, Leasing, Mall Operations and Mall Management.

Ali has also been instrumental in leasing and opening all the 10 shopping centres developed by Prestige Group. He has leased more than 6 million sq. ft. of GLA with 2000+ stores and has another 9 malls in the pipeline, which will have 2000+ stores and 7.5 Mn sq. ft of GLA in tier-1 cities. He has also worked closely with CapitaLand Singapore who had formed a JV with Prestige Group to develop and operate 5 malls.

He has also been an active member of Retailers Association of India and Shopping Centre Association of India and has played a key role in shaping the landscape of the retail industry in various forms.


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