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Prestige Group

7 statements across 1 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Oct 11, 2024 by Irfan Razack · said 5 times in 1 episodes since 2024 · across every show →

Mentions by year

brought up most by Irfan Razack (4), Karan Virwani (1)

tap a year for its mentions
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0112024episodes it came up in
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2024 5 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Prestige Group, oldest first

Oct 11, 2024 negative
Insight
Razack: Commercial office parks fail without hotelized amenities and F&B
“If you don't have all those facilities, Your park becomes a complete flop show. So it's very important to hotelize the entire experience.”
Irfan Razack Oct 11, 2024 ▶ 1:40:06 Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
Oct 11, 2024 bullish
Assertion Not checkable as stated
Razack: Every Prestige Property Buyer Has Seen 2X to 4X Returns
“I've never seen any of my buyer who has bought for X, who's not gone two X or three X or four X.”
Irfan Razack Oct 11, 2024 ▶ 50:21 Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
Oct 11, 2024 neutral
Assertion Not publicly verifiable
Razack: 50% of Prestige Group sales volume comes via brokers
“And I think in our company, or at least I know that for sure is a 50% of it is done through brokers. Because they become my selling arm, and they are using only technologies, and all new names are there.”
Irfan Razack Oct 11, 2024 ▶ 1:05:37 Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
Oct 11, 2024 bullish
Disclosure
Razack: Prestige Group Is Developing 6M Sq Ft of Office in Mumbai
“And now I'm doing some few million square feet, six million square feet plus of office and a few million square feet of Residential, which I never imagined that I could, I have to pinch myself every time to remind myself, am I really doing this?”
Irfan Razack Oct 11, 2024 ▶ 1:48:45 Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
Oct 11, 2024 bearish
Insight
Razack: Tier-2 real estate takes metro-level effort without metro-level volume
“I've done work in Mangalore. Yes, it's a lovely city. Yes, it deserves some good buildings, developments, all of it. But the overall appetite market is too small for the type of effort. The effort is the same. From licensing, to execution, to delivery, to mark…”
Irfan Razack Oct 11, 2024 ▶ 1:44:14 Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
Oct 11, 2024
Disclosure
Prestige Group is building 10 to 11 malls totaling 11M sq ft
“Now we are building another 10, 11 malls as we go along, another eleven million square feet.”
Irfan Razack Oct 11, 2024 ▶ 2:22:09 Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
Oct 11, 2024 bullish
Insight
Razack: Residential units between ₹75L and ₹2Cr sell fastest in India
“What is evergreen is that 75 lakhs to maximum going up to a two crore. It'll get lapped up within no time.”
Irfan Razack Oct 11, 2024 ▶ 1:11:27 Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
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