Irfan Razack

Input tax credit should be reinstated to keep projects affordable, says Razack

No new launches likely in current quarter: Prestige Estates

No new launches are expected in the current quarter, says Irfan Razack, CMD of Prestige Estates Projects in an interview to CNBC-TV18.

Real estate cos expect industry slowdown to last 2-3 months

MR Jaishankar, Chairman and Managing Director of Brigade Group says the customers are in a wait-and-watch mode. Although, he adds, commercial real estate has not been affected.

Will meet FY17 sales guidance of Rs 3250 cr: Prestige Estates

In an interview with CNBC-TV18, Irfan Razack, CMD of Prestige Estates said that the revenues fell due to less recognition in this quarter but he is confident to meet the sales guidance of Rs 3,250 crore in FY17.

The Prestige Group Announces the Pre-Launch of the Much Anticipated Prestige Lake Ridge

The Prestige Group, India’s second largest developer brings yet another splendid addition to Bengaluru’s growing residential market with ...

The Prestige Group Announces the Pre-Launch of the Much Anticipated Prestige Lake Ridge

The Prestige Group, India’s second largest developer brings yet another splendid addition to Bengaluru’s growing residential market with ...

The Prestige Group Inaugurates 8 Developments, Handing Over a Whopping 1673 Residences in Total to Happy Customers

Developments include: Prestige Garden ...

Prestige Estates way off FY16 guidance course; what went wrong?

In an interview with CNBC-TV18, Irfan Razack, CMD, Prestige Estates Projects, spoke about the company's third quarter earnings and the fact that the company will all but miss its fiscal year 2016 launches and leasing guidance.

The Prestige Group Inaugurates Prestige Westholme, their First Residential Development in Mangalore

The Prestige Group, which has shaped the skyline of Bangalore, brings the same global standards to Mangalore with the ...

Exora buy to help attain rental income target: Prestige Est

Irfan Razack, Chairman & Managing Director, Prestige Estates says construction of malls and commercial property will add to the company's rental portfolio, which may go upto Rs 800-850 crore.

Song of the South to aid Q2 results: Prestige Estates

Speaking to CNBC-TV18, Irfan Razack, CMD of Prestige Estates says Prestige launched its project Prestige Song of the South this quarter. This project of over 2,000 homes will help maintain the company‘s numbers.

Prestige Estates raises Rs 500 cr via debentures

ICICI Prudential and Kotak Mutual Fund invested in the NCDs issued by Prestige Estates. Bengaluru-based Prestige has raised the funds at a coupon rate of 11.27 per annum payable monthly.

Looking at entering Mumbai, Pune markets: Prestige Estates

Irfan Razack, CMD, Prestige Estates Projects targets for 60 to 100 percent operational scale-up over the next 3-4 years.

To beat FY15 sales guidance of Rs 5K-cr: Prestige Estates

Going forward the company is confident of attaining 15-20 percent growth and expect revenues from Kochi and Chennai to improve significantly in FY16, said Irfan Razack, CMD of Prestige Estates.

No plans to launch new projects this quarter: Prestige Est

In an interview to CNBC-TV18, Irfan Razack, CMD of Prestige Estates, discusses the company‘s earnings and its plans ahead.

To surpass Rs 5k cr sales guidance for FY15: Prestige Est

In an interview to CNBC-TV18, Irfan Razack, CMD, Prestige Estates, said the average realization stands at Rs 5,800 per sq ft against Rs 6,200 /sq ft on a quarter-on-quarter basis.

Will exceed presales guidance; see no slowdown: Prestige

On his outlook for the company's business, Irfan Razack, chairman and managing director, Prestige Estates Projects, says there is no slowdown in the Bangalore market and aims to concentrate on the phase 2 and 3 of its Lakeside Habitat project newt quarter.

Prestige Estates eyes Rs 600 cr collection in Q4

The company sold 904 units (area of 1.55 million square feet) worth Rs 940.2 crore in the quarter gone by, a growth of 24.69 percent compared to a year ago period.

Have cut borrowing costs by 1% this fiscal: Prestige Est

Despite a general slowdown across real estate market, Prestige Estates has seen a strong second quarter and overall a successful first half.

Stronger than H1FY14 growth seen in Q3: Prestige Estates

Speaking to CNBC-TV18, Irfan Razack, chairman and managing director, Prestige Estates Projects says the Q2 sales amounted to approximately Rs 1150 crore which includes both residential and commercial properties.

Q3 is expected to be stronger than H1FY14: Prestige Estates

In an interview to CNBC-TV18, Irfan Razack, CMD, Prestige Estates Projects spoke about their earning numbers.

No inventory accumulation; see strong Q2: Prestige Estates

In an interview to CNBC-TV18, Irfan Razack, CMD of Prestige Estates speaks about the real estate space and the company‘s future plans.

Not looking to raise any funds: Prestige Estates

Irfan Razack, Chairman & Managing Director, Prestige Estates Projects told CNBC-TV18 that on August 15 it will launch another big project in North Bangalore called Prestige Royal Gardens which has got 1696 units and is hopeful to perform well.

Offtake in Bangalore mkt has been steady: Prestige Estates

In an interview to CNBC-TV18, Irfan Razack, Chairman & Managing Director, Prestige Estates Projects spoke about their earning numbers.

Prestige eyes Aug launch for 1566 apartment B'lore project

"The Prestige Royal Gardens will start at 4,000 plus. We have single bedroom apartments also in this project, so ticket price will be fairly decent. You can even start with a ticket price of around Rs 27 lakh," says chairman Irfan Razack.