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Tag: Prestige

Prestige Group’s Irfan Razack Honored with the 2024 Karnataka Rajyotsava Award

Bangalore, November 4, 2024 – Irfan Razack, Chairman and Managing Director of the Prestige Group, was awarded the prestigious Karnataka Rajyotsava Award on 1st November 2024 in recognition of his outstanding contributions to the Real Estate industry and his dedication to the economic and infrastructural development of Karnataka. This distinguished honour, bestowed by the Government of Karnataka, celebrates individuals who have significantly impacted their fields, contributing to the state’s growth and progress.

Irfan Razack has been a pioneering force in transforming the skyline of Bangalore and other cities across India. Under his visionary leadership, Prestige Group has not only redefined real estate standards but also championed sustainable urban development, social responsibility, and community engagement. Through a vast portfolio spanning residential, commercial, retail, and hospitality sectors, MrRazack’s work has left an indelible mark on the real estate landscape and has set a benchmark in the industry.

He has also been recognized for his exceptional leadership, being voted one of Asia’s Best CEOs in 2014 by Institutional Investor magazine and receiving ‘The World’s Greatest Leaders’ award by Asia One in 2015-16. His achievements have placed him among India’s top builders and leaders. In addition to his professional accomplishments, Razack is actively involved in numerous philanthropic and corporate social responsibility (CSR) initiatives, supporting causes that benefit society at large.

Ms. Uzma IrfanDirector, Corporate Communications, Prestige Groupexpressed her heartfelt congratulations to CMD, stating, “We are immensely proud of Irfan Razack’s recognition with the Karnataka Rajyotsava Award 2024. His profound passion and steadfast commitment to not only constructing buildings but also creating environments that enhance lives and inspire communities have been pivotal in shaping the trajectory of Prestige Group. This prestigious award serves as a testament to his dedication to the state of Karnataka and the core values he exemplifies in all his endeavors. We extend our heartfelt congratulations to Irfan Razack for this well-deserved accolade, which further underscores his significant legacy in Karnataka’s growth story.”

The Karnataka Rajyotsava Award 2024 acknowledges Mr. Razack’s exceptional professional contributions and his unwavering commitment to enhancing the connectivity and strength of Karnataka. This award serves as an inspiration for future generations, illuminating the path toward excellence and community engagement.

Reception

Awfis strengthens its partnership with Prestige; adds 12 centres to its portfolio PAN India

Awfis, India’s largest network of coworking spaces, announced the second phase of expansion of their strategic association with Prestige Group, one of India’s leading real estate developers, and would be launching 12 new state-of-the-art centres in Southern & West India, in a phase-wise manner in the coming months.

This partnership is aimed at accelerating further growth in the rapidly evolving flex workspace segment. The association seamlessly leverages Prestige Group’s and Awfis’ strengths, expertise, and capabilities to jointly invest and create compelling value for both companies, as well as their customers. This partnership aims at catering to the growing demand for coworking spaces, for startups, SMEs, mid and large-sized corporates that are looking to adopt hybrid/ agile workplace models, amidst the new normal.

These centres are spread out in Bangalore, Hyderabad, Chennai & Pune with 7 centres in Bangalore, 3 in Chennai and 1 each in Hyderabad & Pune. These are in prominent CBDs like UB City, Hosur Road, Whitefield & Outer Ring Road in Bangalore, Saidapet & Mount Road in Chennai, Begumpet in Hyderabad and Kharadi, Pune.

Commenting on the partnership, Mr. Amit Ramani, Founder & CEO, Awfis, said “We are excited to further solidify our partnership with the best in class Prestige Group. The expansion of our alliance to provide world-class amenities is proof of the ever-increasing demand for shared workspaces. Both companies aim to cater to the growing demand amongst enterprise clients and large corporations while continuing to cater to start-ups and SME’s who were the early adopters of coworking. The growth of the Awfis network in multiple Prestige properties is testament to providing quality infrastructure for India Inc.”

The first centre being inaugurated in line with this announcement is at Prestige Tech Park with a capacity of 860+ seats. The space is strategically located in Bengaluru’s prominent IT corridor on Outer Ring Road. The centre is part of Awfis’ newly launched premium workspace offering- ‘Awfis Gold’ and therefore houses premium private workspaces as well as collaborative work environments, a splendid cafeteria with live counters and plush meeting rooms and lounges for the evolving needs of the professionals of today. Through this Gold centre Awfis aim to serve the Prestige campus occupants through cutting-edge infrastructure paired with modern amenities and design.

“We believe in building relationships that are a WIN-WIN for all stakeholders in a shared and collaborative future. We are looking forward to a continued and sustained growth that we have seen so far, that is helping our occupiers and our Group.” Said Irfan Razack, Chairman & Managing Director, Prestige Group

Commenting on this further, Juggy Marwaha, CEO, Prestige Office Ventures said “The positive sentiment that is being witnessed in the market first-hand from all key stakeholders resuscitates this collaborative initiative to nurture the spirit of innovation and grow in the flexible workspace sector. Nearly 40 Million sqft of Coworking Space is now spread across the length and breadth of this country, we definitely believe that the FLEX segment of the office landscape will continue to rapidly grow”