Irfan Razack
India's Prestige group to enter retail sector
Source:
Business Standard 
Indian real estate developer, Prestige Group, is entering the retail space in the next three months by floating a special purpose vehicle, which will set up department stores across the country, said its chairman and managing director Irfan Razack.
"We will invest around INR300 crore (INR3 billion, USD58.8 million) and the target would be mid-income group," he said after launching Prestige Bella Vista, its first residential project for the Chennai market.
