Prestige commits ₹1,800 cr to Bangalore Airport convention-and-retail complex

Prestige Group partners BACL on a 14.2-acre development at Bangalore Airport City featuring a convention centre, premium retail, cultural spaces and two luxury hotels — St. Regis and Marriott Marquis — with 500 keys combined. Construction begins 2027, opening targeted for 2031.

— Source publishedThu, 11 Jun, 2026, 19:34 IST·First seen Thu, 11 Jun, 2026, 19:38 IST·Source The Hindu BusinessLine

What happened

Prestige Group is investing ₹1,800 crore with BACL to build a 14.2-acre convention centre at Bangalore Airport City, including premium retail, cultural spaces

Key facts

  • ₹1,800 crore
  • 14.2 acres
  • 500 rooms
  • 2027 construction start
  • 2031 inauguration

Why this matters

BACL's airport-city model is becoming India's template for mixed-use anchor deals — scout adjacent land parcels, hotel JV slots, or retail master-lease positions before the 2031 catchment effect prices them in.

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