Prestige Group was founded in Bengaluru in 1986 by Razack Sattar, and the city has remained the centre of gravity for everything the group has built since. The firm, based in Bengaluru and currently chaired by Irfan Razack, operates across the top cities of India. As of March 2026, Prestige Group has delivered 316 projects spanning 212 million sq ft. The scale is national, but the roots — and the densest concentration of work — remain in Bengaluru, where 163 of the developer's 212 residential and commercial projects in its portfolio are located in Bangalore.
That depth of local presence matters to a buyer. A developer who has built across every growth corridor of a city — from the Central Business District to Whitefield, from North Bengaluru's tech belt to South Bengaluru's residential zones — understands how the city's infrastructure, employment clusters, and social fabric interact. Prestige's Bengaluru story is not one project or one micro-market; it is a four-decade accumulation of knowledge about how this city grows.
Several Prestige projects did not merely respond to Bengaluru's growth — they redirected it. Prestige Group is credited with introducing the concept of large-scale retail malls in Bengaluru through Forum Mall. Forum Mall in Koramangala, launched in 2004, still draws footfalls that match newer centres, thanks to its multiplex and food street. The retail format then multiplied: Forum Value Mall became South India's first real outlet mall featuring international and national brands.
At the luxury end of the commercial spectrum, UB City was conceived in the early 2000s as India's first true luxury mixed-use development, located at the corner of Kasturba Road and Vittal Mallya Road. The Collection at UB City is India's original luxury mall, where global fashion labels opened their first South India flagships.
In Whitefield, Prestige set the template for suburban township living with Prestige Shantiniketan. Spread across 105 acres in Whitefield, Prestige Shantiniketan became the city's first large-scale, fully-integrated township, with 24 residential towers and around 3,000 apartments. Its business precinct attracted Fortune 500 companies and tech majors, while hotels, convention facilities, and retail outlets turned Whitefield into a self-sufficient micro-city. The Asia Pacific Property Awards recognised Prestige Shantiniketan in the Highly Commended Mixed-Use Architecture category; the same body also recognised the group's Cessna Business Park and Forum Value Mall in separate years.
Further north, Prestige Golfshire is South India's first golf villa development, set against Nandi Hills and spread across 275 acres, with ultra-luxurious mansions, the Falcon Greens clubhouse, a private lake, and an 18-hole championship golf course. With Prestige Golfshire, the group introduced the JW Marriott International luxury resort hotel to Bengaluru.
The most consequential Prestige commitment in Bengaluru right now sits on a 14.2-acre parcel adjacent to Kempegowda International Airport. Prestige Group and Bengaluru Airport City Limited (BACL) have unveiled plans for a 1.5 million sq ft mixed-use development within the Bengaluru Airport City precincts. The development is planned on a 14.2-acre parcel near Kempegowda International Airport and will entail an investment of around Rs 1,800 crore.
This initiative encompasses three interconnected components tracked here — the Convention and Mixed-Use Development, the Integrated Destination, and the Convention and Hospitality Hub — collectively forming a single, phased urban precinct. Designed as a business, hospitality, and cultural hub, the development brings together an iconic convention and exhibition centre, luxury hotels under the globally renowned St. Regis and Marriott Marquis brands, premium office space, and curated food and beverage experiences within a seamlessly connected urban environment. The integrated development will house an 8,000-seat Convention and Exhibition Centre, a state-of-the-art performing arts theatre, a luxury hotel, and Grade A office spaces; the CEC has been envisioned as a multi-format, high-impact venue capable of hosting global summits, trade expos, innovation forums, and large-format cultural events.
Designed by global architecture firm Kohn Pedersen Fox (KPF), the development is set to draw inspiration from Bengaluru's dual identity as a garden city and a centre for technology and innovation. The project is expected to become operational by 2031, with construction set to commence by early 2027.
Bengaluru Airport City Limited (BACL) is a wholly owned subsidiary of Bangalore International Airport Limited (BIAL), founded to develop the Airport City as a mixed-use destination consisting of business parks, technology hubs, a health district, a convention and exhibition centre, a knowledge park, hospitality, a central park, and a multipurpose concert arena. About 110 acres out of the 450-acre Airport City have already been developed or are under development. Prestige's partnership anchors the most visible public-facing precinct within that larger master plan.
The expansion of Kempegowda International Airport continues to fuel real estate demand in North Bengaluru, particularly in Devanahalli, for residential, commercial, and hospitality projects. The macro-infrastructure story reinforces that trajectory. The Bengaluru Airport Metro Phase 2B is a 38.44-km extension on the Blue Line running from KR Puram to the airport via Hebbal, with 17 stations; combined with Phase 2A it spans 58.19 km at a cost of Rs 14,788 crore. Physical progress on that corridor stood at 52.5 percent as of June 2025, with a target operational status of late 2026 to early 2027. Once live, the metro will give Kempegowda International Airport a direct rail link to Central Bengaluru for the first time.
Road infrastructure is equally consequential for the airport precinct. The Satellite Town Ring Road (STRR), a 280–288 km expressway costing Rs 15,676 crore, will link 12 satellite towns including Devanahalli, Hoskote, Sarjapur, and Ramanagara, while rerouting trucks and inter-city traffic away from the core. Phase 1, an 80-km stretch, was inaugurated in 2024, with further sections expected by 2026–27. For a convention and hospitality hub at the Airport City, this connectivity matters directly: delegates arriving by air and corporates driving from peripheral tech parks both benefit from the same infrastructure web.
In April 2025, Prestige Group announced a series of residential launches for the fourth quarter of 2025 with a Gross Development Value of Rs 16,133.8 crore, covering a total developable area of 14.03 million sq ft and approximately 4,548 units across Bengaluru, Hyderabad, and Mumbai. Bengaluru anchors that pipeline. Across South, East, North, and West corridors, the group has active or announced projects spanning apartments, villas, and plots — from Begur Road and Sarjapur Road in the south to Whitefield and Varthur in the east, and from Jayanagar to Mysore Road in the west.
The group counts 152 completed housing projects covering about 130 million sq ft and 56 ongoing projects spread across 72 million sq ft, with 32 new launches planned in 2025 adding nearly 69 million sq ft. On the commercial side, 125 completed commercial projects total 49 million sq ft, with 12 retail projects coming up in 2025–26 covering 13 million sq ft and 11 upcoming hotels and resorts spanning 4 million sq ft. The Airport City development slots into that hospitality build-out as its most prominent institutional-scale asset.
A buyer evaluating any Prestige project in Bengaluru is not assessing an isolated asset. They are buying into a developer who has already demonstrated, across this specific city, the ability to deliver residential towers, Grade A commercial parks, luxury hotels, retail malls, and now a convention and hospitality precinct at airport scale. Each completed address — Prestige Tech Park, Prestige Golfshire, UB City, Prestige Shantiniketan — functions as proof-of-delivery for what comes next.
The company currently has a pipeline of 135 projects covering 227 million sq ft, indicating a strong capacity for undertaking large-scale developments. In Bengaluru, that pipeline runs from mid-range apartments priced around Rs 1 crore to ultra-luxury golf villas and now an Rs 1,800-crore convention complex that will redefine the Airport City's northern edge. The range itself is a signal: Prestige is not positioned in one price band or one geography. It moves with the city.
