Hafeez Sorab Contractor was born in Bombay on 19 June 1950 in a Parsi family. He did his schooling at Boys' Town Public School in Nashik. Later in 1975, Hafeez joined the "Academy of Architecture" at the University of Mumbai. After that, he won a scholarship to Columbia University, where he completed his master degree. Hafeez Contractor started his first career as an apprentice architect with his uncle named T. Khareghat. Later in 1977, he became the associate partner in the same firm.

In 1982, Hafeez started his own company (Architect Hafeez Contractor) with only two employees. One of his first successful projects was the Vastu building at Worli Seaface. He then went on to develop several residential buildings. He also designed India's tallest buildings, like Imperial I and II. As a result, his projects were widely spread across India.

At present, the company had reached the top level and had over 350 employees. In addition, the company had designed several projects like bungalows, hospitals, hotels, shopping malls, educational institutions, airports, railway stations, etc. Later, in 2016, the Government of India had awarded him the Padma Bhushan award.