Prestige Scales Kolar Commercial Corridor

Prestige Group, a well-known builder in Kolar, has made significant strides in commercial development. The company's Shipco warehousing project is located in Kolar, Karnataka, covers an area of 47.06 acres with 30% open area, and is ready for possession from 2026. This expansion reflects broader industry momentum as ₹4,500-5,000 crore is earmarked for offices and malls across Prestige's portfolio.

Kolar sits on the eastern industrial corridor, roughly 60 kilometers from Bengaluru, and is positioned as a critical node on the Bengaluru–Chennai industrial corridor. Kolar is emerging as an important destination due to its improving infrastructure, connectivity and growing commercial activities, offering access to major roads and transportation networks. The timing aligns with sector tailwinds: policy decisions like GST implementation and growth in e-commerce and retail sectors have necessitated sharp growth in warehousing demand.

The project is designed to provide a modern business ecosystem supporting warehousing operations, office activities and retail establishments, with a combination of retail shops and office spaces suitable for businesses of all sizes. The site will include warehouse buildings numbered 1 to 14 and gala blocks 1 to 3, a central administrative building, a central cafe and various infrastructure facilities.

Prestige's commercial expansion extends beyond Kolar. Prestige Estates Projects will invest about ₹15,000 crore this fiscal to accelerate construction of housing and commercial projects across South India, MMR and Delhi-NCR. In June 2026, Prestige Group announced a ₹1,800 Crore integrated development at Bengaluru Airport City, including a convention and exhibition centre, luxury hotels, office space, retail space, food and beverage zones and lifestyle facilities.

The Kolar area primarily hosts MSMEs, automotive component manufacturers, electronics assembly, aerospace suppliers, and logistics/warehousing operations. Industry experts note that emerging corridors like Kolar offer value for businesses seeking lower costs without compromising connectivity. For business owners and logistics operators, the Shipco project positions Kolar as a plug-and-play destination on India's fastest-growing logistics corridor.

Prestige's track record strengthens investor confidence: the company has completed 313+ projects covering over 206 million sq. ft., including 160 completed residential projects over 139 million sq. ft., 125 completed commercial projects over 49 million sq. ft., and 13 completed retail projects over 10 million sq. ft.