Prestige Group opens its first Kerala mall in Maradu.

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Prestige Group Opens Forum Kochi: Strategic Retail Landmark Transforms Maradu

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Prestige Group unveiled Forum Kochi—its first development in Kerala at Maradu on 19 August 2023. The mall is promoted by Prestige Group and Thomsun Group, a Dubai-headquartered diversified conglomerate, marking a significant expansion beyond Prestige's stronghold in Bangalore.

Developed on approximately 10 acres of land, it has a total built-up area of about 1,036,135 square feet, with a retail leasable area of around 639,606 square feet. The mall houses 120+ stores and 7 anchor tenants across 5 floors with multi-level vehicular parking. With an investment of 700 crores, Forum Kochi was expected to generate employment opportunities for over 500 skilled individuals, contributing positively to the local workforce and economy.

Premium Retail Mix and Dining

The mall features premier anchor brands such as Marks & Spencer, H&M, an ultra-luxury 9-screen multiplex from PVR Cinemas, Lifestyle, Shoppers Stop, along with international fashion brands like Under Armor, Superdry, Lacoste, Beverly Hills Polo Club, Calvin Klein, Armani Exchange, and Tommy Hilfiger. The mall also houses a sprawling 50,000 square feet Lulu Hypermarket. Forum Kochi also introduces the first Funcity in Kerala, a Family Entertainment Centre from Dubai, offering entertainment for the entire family.

Nestled within the mall is a spacious 1000-seater foodcourt, accompanied by a curated collection of upscale fine-dining venues. Forum Kochi became home to the first Shoppers Stop outlet in the city, welcoming a retail mix like Lifestyle, H&M, Marks & Spencer, PVR, Funcity in Kerala.

Location and Accessibility

Strategically located in Maradu, the mall boasts easy accessibility, making it a well-connected destination that seamlessly connects residents and visitors to the city's vibrant offerings. The mall is located along the Vyttila–Aroor bypass section of National Highway 66 in Kochi. This positioning places it on a high-traffic corridor serving both West Kochi and emerging residential zones.

Broader Retail Expansion Strategy

Over the next five years, Prestige Group aims to expand its footprint by developing 11 malls, covering over 9 million square feet of commercial space across Bangalore, Chennai, Hyderabad, Mumbai, Goa, and Kochi, underscoring the company's unwavering commitment to shaping the retail landscape of key cities in India. As Prestige Group's first mall outside the Bengaluru metro area, its launch marks a significant expansion for the business.

Kerala's Growing Mall Landscape

Forum Kochi arrives in a state witnessing rapid retail modernization. Kerala's tier-1 and tier-2 cities have seen growing investment in branded retail, with malls now competing on experiential offerings. The opening signals Prestige's confidence in Kerala's affluent consumer base and expanding middle class, even as established players like Lulu consolidate their presence. For homebuyers and investors, Forum Kochi represents broader commercial activity that typically correlates with residential appreciation in surrounding nodes.

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FAQ

When did Forum Kochi open?
Forum Kochi opened on 19 August 2023 at Maradu. It was Prestige Group's first retail venture in Kerala.
What is the size of Forum Kochi mall?
The mall is developed on approximately 10 acres of land with a total built-up area of about 1,036,135 square feet and a retail leasable area of around 639,606 square feet.
How many brands are in Forum Kochi?
The mall houses 120+ stores and 7 anchor tenants across 5 floors. Major anchors include Marks & Spencer, H&M, Lifestyle, and Shoppers Stop.
Does Forum Kochi have a cinema multiplex?
The mall features an ultra-luxury 9-screen multiplex from PVR Cinemas, making it a major entertainment destination.
Is there a hypermarket at Forum Kochi?
The mall houses a sprawling 50,000 square feet Lulu Hypermarket, offering daily essentials and groceries.
What is Funcity at Forum Kochi?
Forum Kochi introduces the first Funcity in Kerala, a Family Entertainment Centre from Dubai, offering entertainment for the entire family. It's a major draw for weekend visitors.
How much was invested in Forum Kochi's development?
With an investment of 700 crores, Forum Kochi was developed as a landmark retail destination.
Who developed Forum Kochi?
The mall is promoted by Prestige Group and Thomsun Group, a Dubai-headquartered diversified conglomerate. Prestige Group is a Bengaluru-based real estate major.
What is Prestige Group's broader retail expansion plan?
Over the next five years, Prestige Group aims to expand its footprint by developing 11 malls, covering over 9 million square feet of commercial space across Bangalore, Chennai, Hyderabad, Mumbai, Goa, and Kochi.
How does Forum Kochi impact Maradu and Kochi property values?
Major retail landmarks like Forum Kochi typically drive residential appreciation in surrounding areas through increased foot traffic, commercial activity, and improved urban infrastructure, making Maradu an increasingly attractive location for both home buyers and renters.

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