Partnership Announcement

Prestige Group has entered into a partnership with Bengaluru Airport City Limited (BACL) to develop a landmark integrated destination within Bengaluru Airport City. The development will combine business, hospitality, culture, and experiences in a seamlessly connected ecosystem.

Project Components

The integrated development includes:

  • State-of-the-art convention and exhibition centre
  • Luxury hotels under St. Regis brand
  • Luxury hotels under Marriott Marquis brand
  • Premium office space
  • Curated food and beverage experiences

Location and Strategic Importance

The project is located within Bengaluru Airport City and is designed to serve global travellers, event organisers, corporations, visitors, and residents. It aims to strengthen Bengaluru's appeal as a global gateway and advance the vision of the Airport City as a dynamic centre for commerce, collaboration, and experiences.

Management Commentary

Mr. Irfan Razack, Chairman and Managing Director of Prestige Group: "This development reflects our vision of creating destination-defining assets that contribute meaningfully to the growth of cities and economies. We are creating a landmark destination that will set new benchmarks for mixed-use development in India."

Mr. Hari Marar, Managing Director & CEO of Bangalore International Airport Limited: "Our partnership with Prestige Group is an important step in creating destinations that bring together enterprise, talent and ideas at scale. We are creating a destination that will serve businesses, visitors and communities alike."

Expected Impact

The Convention Centre is expected to become one of the region's premier venues for international conferences, exhibitions, corporate events and cultural gatherings. The broader development is expected to catalyse economic growth, business tourism, investment and employment opportunities in the rapidly evolving airport corridor.

Corporate Background - Prestige Group

The Prestige Group has a legacy spanning nearly four decades with a diversified portfolio including residential, commercial, retail, hospitality, and integrated township projects across major cities. As of March 2026:

  • Delivered projects: 316 projects
  • Total delivered area: 212 million sqft
  • Current pipeline: 135 projects
  • Pipeline area: 227 million sqft

Corporate Background - BACL

Bengaluru Airport City Limited (BACL) is a wholly owned subsidiary of Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport, Bengaluru. BACL is developing the Airport City as a worldclass mixed-use development consisting of:

  • Business Parks
  • Technology Hubs
  • Medical District
  • Convention & Exhibition Centre
  • Knowledge Park
  • Hospitality
  • Central Park
  • Multipurpose Concert Arena

The development embraces core principles of Work, Play, Live, Learn & Create and aims to be a test bed for global urban solutions.

#Tags: #PrestigeEstates #RealEdevelopment #BACL #AirportCity #MixedUseDevelopment #Reg30