Prestige Group Projects

Prestige Group projects in Bellandur, Bangalore

Prestige Group's stake in Bellandur

Few developers have committed capital to a single Bangalore micro-market the way Prestige Group has committed to Bellandur. Founded in 1986 by Razack Sattar and built into one of India's largest listed real-estate developers and the most influential property brand in South India, the group is headquartered at Prestige Falcon Tower in Bengaluru, operating across 13 cities spanning residential, commercial, retail, hospitality and mixed-use developments. Bellandur, on the Outer Ring Road, is one of the localities where that scale is most visible on the ground, not just in apartment towers but in metro infrastructure, tech parks and road works the company is funding directly.

Co-branding the Bellandur Metro Station

In one of the more unusual moves by an Indian developer, Prestige Group signed a definitive agreement with the Bangalore Metro Rail Corporation Limited to adopt and co-brand Bellandur Metro Station as Prestige Bellandur Metro Station. Under the agreement, Prestige Beta Projects Private Limited will invest INR 1,150 million towards station upgradation and enhancement, infrastructure support, and long-term partnership rights over a 30-year concession period. The deal gives Prestige exclusive station naming rights for 30 years, 3,000 sq. ft. of commercial space within the station, 1,000 sq. ft. of advertising entitlement, and provision for a future elevated connectivity bridge to Prestige Lakeshore Drive. The station sits on a corridor Prestige clearly rates highly: it is strategically located on the 17 km ORR Metro Corridor from Silk Board to KR Puram, at the heart of India's largest office micro-market, serving thousands of professionals daily.

Building the roads it needs

Prestige's confidence in Bellandur extends to infrastructure it is paying for out of its own balance sheet. The company received BBMP approval to construct a 1.5-km private flyover linking its upcoming Beta Tech Park to the Outer Ring Road, a project driven by heavy congestion on Old Airport Road via Yemalur and Kariyammana Agrahara Road, the key approach roads to the site, with the tech park expected to accommodate over 5,000 employees. Notably, the flyover will be built entirely by Prestige Group at its own cost, without financial support from the government, and the alignment primarily follows the existing stormwater drain corridor and public roads near Bellandur Agrahara, reducing the need for land acquisition. Approval for the tech park itself came after the Bangalore Development Authority cleared the development layout in September 2023, with BBMP sanctioning the building plan roughly a year before the flyover approval.

An established residential and commercial footprint

Prestige's presence in Bellandur predates these infrastructure deals. Prestige Lake Shore is a township that pairs two projects, Prestige Lakeshore Drive, a commercial development, and Prestige Lakeside Habitat, a residential property, near Kariyammana Agrahara. The residential component offers luxurious apartments in 1, 2, 3, and 4BHK variations, while the commercial arm has positioned itself as office space located within one of the most sought-after business areas, enjoying connectivity through the Outer Ring Road. Elsewhere in the locality, Prestige Jade Pavilion sits off RMZ Ecospace on the ORR, in the same tech-park-dense stretch. Together these developments illustrate a pattern the group repeats across Bengaluru: pairing housing with office and retail space so that the two segments reinforce each other, similar to how it has approached larger integrated addresses such as Prestige Shantiniketan in Whitefield and Prestige Falcon City on Kanakapura Road.

Why the scale matters to a Bellandur buyer

Prestige Group's balance sheet is part of what makes its Bellandur bets credible. As of March 2025, the group had delivered 302 projects spanning 193 million square feet, with 63 ongoing projects covering 115 million square feet, 67 planned projects across 88 million square feet, and a 689 acre land bank. It carries CRISIL's highest developer grade, DA1+, reflecting strong execution capability, financial stability and transparent documentation, and posted FY26 sales bookings of ₹30,024 crore, up 76% year-on-year, the highest in the company's history. That scale is what allows a single developer to simultaneously fund a metro station upgrade, build a private flyover, and run a multi-tower residential-commercial township within one Bangalore locality.

Bellandur's own market case

Bellandur's appeal to a Prestige buyer is inseparable from its position on the ORR job corridor. The area is described as a popular choice for those who prefer being closer to both tech hubs and residential comfort, with published locality rates around ₹13,000 per sq ft as of mid-2025, and more recent listings citing flat prices roughly in the Rs 11,550-20,000 per square feet range. Price growth has been sharp: flat rates in Bellandur changed by 36.4% in the last 1 year, 122.2% in the last 3 years, and 141.9% in the last 5 years. The broader east and southeast belt, including Varthur, Bellandur, and Sarjapur Road, is seeing significant price increases due to close connectivity to key tech hubs like Whitefield and Outer Ring Road. Bellandur is grouped among the city's premium pockets, where property prices in premium areas including Bellandur go beyond Rs 7,000 per sq ft.

Reading the locality alongside the developer

For a buyer evaluating Prestige Group specifically in Bellandur, the locality context reinforces rather than distracts from the developer story. This is a stretch of the Outer Ring Road already dense with corporate campuses, where a metro line runs overhead and where Prestige itself is building the next flyover. The Prestige Bellandur Metro Station naming deal, the Beta Tech Park, and the established Lake Shore township are not isolated transactions but parts of a single, visible commitment to the corridor — one that a buyer can trace through public filings, BBMP approvals, and the BMRCL agreement itself, rather than through marketing claims alone.

Frequently Asked Questions

What is the Prestige Bellandur Metro Station deal about?+
Prestige Group signed an agreement with BMRCL to co-brand Bellandur Metro Station as Prestige Bellandur Metro Station, investing INR 1,150 million for a 30-year concession that includes naming rights, commercial and advertising space, and a planned elevated bridge to Prestige Lakeshore Drive.
Is Prestige Group building any new commercial space in Bellandur?+
Yes, Prestige is developing the Beta Tech Park in Bellandur, approved to accommodate over 5,000 employees, and has received BBMP approval to build a 1.5-km private flyover, funded entirely by Prestige, connecting the park to the Outer Ring Road.
What existing Prestige projects are located in Bellandur?+
Prestige Lake Shore, comprising the residential Prestige Lakeside Habitat and commercial Prestige Lakeshore Drive near Kariyammana Agrahara, and Prestige Jade Pavilion off RMZ Ecospace on the ORR, are established Prestige developments in the locality.
What is the current property price range in Bellandur?+
Flat prices in Bellandur are broadly quoted between roughly Rs 11,550 and Rs 20,000 per sq ft, with area averages cited around Rs 13,000 to Rs 15,000 per sq ft, and rates have risen sharply, up about 36% in the last year and over 140% over five years.
Why does connectivity matter for Prestige's Bellandur developments?+
Bellandur Metro Station sits on the 17 km ORR Metro Corridor between Silk Board and KR Puram, in the middle of one of India's largest office micro-markets, so improved station infrastructure and the new private flyover directly ease access for residents and office occupiers in Prestige's projects.
How financially established is Prestige Group as a developer?+
As of March 2025, Prestige Group had delivered 302 projects spanning 193 million square feet with 63 ongoing projects, holds CRISIL's highest developer grade DA1+, and reported FY26 sales bookings of ₹30,024 crore, the highest in its history.
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