New Delhi: Irfan Razzaq is the CMD of Status Estates Tasks. He has come a good distance from a small starting to change into one of many richest males in India. Born in a household with a enterprise legacy, Irfan Razzaq’s father Razzaq Sattar began the Status Group in 1950 from a small fabric and tailoring store in Bengaluru. Underneath the management of Irfan Razzaq, Status Estates Tasks has emerged as a serious participant within the Indian actual property sector. With a various portfolio spanning residential, industrial, retail and hospitality sectors, the corporate has accomplished 285 initiatives. It has 54 initiatives working spanning 7.5 crore sq. ft. Let’s find out about Irfan Razzaq’s success journey right here.
Irfan Razzaq was born in 1950 in Bangalore. His father was a tailor. Irfan’s father began the Status firm, which Irfan Razzaq later made enormous. Irfan additionally used to work as a tailor along with his father earlier. In a major milestone, Irfan Razzaq and his household’s wealth crossed $1 billion, pushed by a 60% rise within the shares of Status Estates Tasks. The corporate’s success establishes it as India’s second largest listed property agency after DLF. Status Properties’ tenants embody world manufacturers resembling Apple, Caterpillar, Armani and Louis Vuitton.
After promoting his second actual property undertaking in Bangalore in 1990, Razzaq’s preliminary plans for retirement had been mentioned. Regardless of this, his ardour for creativity and entrepreneurship continued to develop Status Estates Tasks into an actual property powerhouse. Status Estates Tasks’ presence extends past Bengaluru to cities resembling Chennai, Kochi, Calicut, Hyderabad and Mumbai.
Razzaq’s youthful brothers Rizwan and Noman play key roles within the household enterprise. The entrepreneurial spirit runs deep within the Razzaq household. His clothes and tailoring store nonetheless operates alongside Status Estates Tasks’ actual property ventures. Aside from his enterprise endeavours, Razzaq has a ardour for journey sports activities, which displays his nature and zest for all times. His journey from a small clothes store to the highest of a billion-dollar actual property empire exemplifies the ability of laborious work and dedication.
Irfan Razzaq’s web value is projected to achieve $1.3 billion by 2024. This solidifies his place as one in all India’s most influential and profitable entrepreneurs. Status Estates Tasks is poised for additional progress and innovation. Razzaq’s legacy continues to encourage aspiring entrepreneurs throughout the nation. The corporate recorded gross sales of Rs 12,930 crore in FY 2023. Razzaq was additionally included in Forbes’ 2024 listing of ‘World’s Billionaires’ together with 200 different Indians.