Prestige bets ₹1,800 cr on 1.5M sq ft Bengaluru Airport City with Marriott Marquis, St. Regis
After Delhi Aerocity, Prestige Group plans a 14.2-acre mixed-use development at Bengaluru Airport City by 2030, anchored by two luxury hotels, an 8,000-seat convention centre, 350,000 sq ft of offices and retail. Hospitality keys to scale from 1,500 to 5,500 by 2031; ₹2,000 cr IPO on hold pending valuation.
What happened
Prestige Group will invest ₹1,800 crore in a 1.5 million sq ft mixed-use project at Bengaluru Airport City with Marriott Marquis and St. Regis hotels,
Key facts
- 1.5 million sq ft
- 14.2 acres
- ₹1,800 crore
- 8,000-seater convention centre
- 350,000 sq ft office
- 1,500 keys currently
- 5,500 keys by 2031
- ₹30,024 crore pre-sales FY26
- ₹2,000 crore IPO plan
Why this matters
Bengaluru Airport City emerges as a strategic mixed-use node post-Aerocity, opening partnership, anchor-leasing, and co-development plays across hospitality, MICE, and Grade-A office segments.
Also reported by
- Mint · Companies — Same time