Prestige Group Bangalore

Grade-A commercial developments reshape Bangalore's IT corridors.

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Prestige Group's Grade-A Commercial Expansion: Shaping Bangalore's Office Future in 2025

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Prestige's upcoming commercial portfolio in Bangalore 2025 comprises 10 projects across roughly 16.4 acres, delivering approximately 9.52 million sq ft of new Grade-A workspace. These developments are 40% to 100% complete, with phased handovers between 2026 and 2027.

The portfolio spans Bangalore's premier employment corridors, strategically positioning tenants for rapid lease-up. Every campus sits within a kilometre of the Outer Ring Road or a Metro stop, giving tenants a window of up to 18 months to sign early leases at rates around 5% lower than post-handover rents. Prestige Lake Shore Drive Phase I stands on 4.02 acres beside Kariyammana Agrahara and links to Outer Ring Road in 800 m, with build 40% complete on a single G+10 glass tower that unlocks 1.61 million sq ft by FY 2026.

Prestige Techzone spreads across 2.53 acres near Kundalahalli Metro, with five mid-rise 9-floor blocks 67% ready and opening 1.70 million sq ft in FY 2027. A planned 650 m skywalk to the Purple-Line aims to shift approximately 20% of staff from cars to rail. Prestige Capital Square tops out on a compact 0.18-acre CBD-fringe lot with shell-and-core at 100% in May 2025, with tenants shaping 0.18 million sq ft before an FY 2027 opening.

Bangalore's office market fundamentals remain robust. Bengaluru continues as the leader in India's office market, accounting for 9.95 million square feet of total absorption in 2025, highlighting the city's dominance as the country's technology and innovation capital. Demand remained particularly strong for Grade A office assets, with occupiers showing a clear preference for modern buildings that offer sustainability features, efficient layouts, and proximity to key business corridors.

In 2024, 52% of new office developments in major cities like Bengaluru were built with sustainability in mind, either LEED-certified or equivalent green standards. Offices in 2025 are expected to feature wellness-centric designs, including green spaces, natural lighting, and ergonomic furniture. Hybrid work has matured into a strategic model that businesses in Bangalore now actively design their office environments around.

Prestige's portfolio aligns with these trends. Prestige Landmark has already scored IGBC Gold Pre-Certification. In February 2026, Prestige Group agreed to invest around ₹120 crore to facilitate the Bellandur Metro station construction process and enhance passenger facilities. This infrastructure partnership underscores Prestige's commitment to multi-modal connectivity—a critical value driver for today's occupiers seeking talent access and operational efficiency.

PRESTIGE Projects

PRESTIGE Indavara, Chikkamagaluru
Acquisition

PRESTIGE Indavara, Chikkamagaluru

Indavara, Chikkamagaluru

Villas / Plots (Expected) • Price on Request

85-acre land bank entry into Chikkamagaluru

PRESTIGE KIADB AEROSPACE PARK PHASE 2 TOWNSHIP
Acquisition

PRESTIGE KIADB AEROSPACE PARK PHASE 2 TOWNSHIP

Bagalur, Bangalore

1, 2, 3 BHK (expected) • Price on Request

30+ acre land parcel acquired

Prestige Korattur
Acquisition

Prestige Korattur

Padi-Korattur, Chennai

2, 3 BHK, Office & Retail • Price on Request

16.38-acre mixed-use development

PRESTIGE SAHAR INTEGRATED HOSPITALITY & COMMERCIAL PROJECT
Acquisition

PRESTIGE SAHAR INTEGRATED HOSPITALITY & COMMERCIAL PROJECT

Sahar, Andheri East, Mumbai

Hotel, Office & Retail • GDV Rs 4,500 Cr

1.5 million sq ft integrated hospitality-commercial project

Prestige Aram Nagar
Upcoming

Prestige Aram Nagar

Aram Nagar, Versova, Mumbai

Configuration TBA • On Request

6-acre JV, 1.7 mn sq ft, Rs 9,000 Cr GDV

PRESTIGE BENGALURU AIRPORT CITY CONVENTION & MIXED-USE DEVELOPMENT
Upcoming

PRESTIGE BENGALURU AIRPORT CITY CONVENTION & MIXED-USE DEVELOPMENT

Bengaluru Airport City, Bangalore

Convention | Hospitality | Office | Retail • ₹1,800 Cr investment

1.5 million sq ft mixed-use destination

PRESTIGE BENGALURU AIRPORT CITY INTEGRATED DESTINATION
Upcoming

PRESTIGE BENGALURU AIRPORT CITY INTEGRATED DESTINATION

Bengaluru Airport City, Devanahalli, Bangalore

Hotels | Convention Centre | Office | Retail • Price on Request

₹1,800 Cr integrated destination at KIA

PRESTIGE BUDIGERE CROSS
Upcoming

PRESTIGE BUDIGERE CROSS

Budigere Cross, Bangalore

1, 2, 3 BHK • Price on request

Upcoming Prestige address off Old Madras Road

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FAQ

Which are Prestige's major upcoming commercial projects in Bangalore 2025?
Prestige Lake Shore Drive Phase I unlocks 1.61 million sq ft by FY 2026. Prestige Techzone opens 1.70 million sq ft in FY 2027. Prestige Landmark is a Grade-A commercial project in Hebbal covering 67.03 acres.
What is the total commercial space being added by Prestige?
Prestige's upcoming commercial portfolio delivers approximately 9.52 million sq ft of new Grade-A workspace across 10 projects.
Where are these commercial developments located?
Every campus sits within a kilometre of the Outer Ring Road or a Metro stop. Key locations include Bellandur, Kundalahalli, Central Bangalore, and Hebbal across the city's IT and business corridors.
When will these projects be completed?
Phased handovers are scheduled between 2026 and 2027. Prestige Landmark will be completed by 2026.
What rental incentives are available for early leases?
Tenants have a window of up to 18 months to sign early leases at rates around 5% lower than post-handover rents. Early sign-ups at Prestige Landmark can snag a 5% discount.
Are these buildings sustainable and green-certified?
Prestige Landmark has scored IGBC Gold Pre-Certification. Office buildings in Bangalore are now being developed with green certifications such as LEED, WELL, and IGBC.
How does Prestige's metro connectivity strategy add value?
A planned 650 m skywalk to the Purple-Line aims to shift approximately 20% of staff from cars to rail. Prestige invested around ₹120 crore in Bellandur Metro station, gaining naming rights for 30 years.
What is the current demand for Grade-A office space in Bangalore?
Bengaluru continued to attract both multinational corporations and domestic enterprises seeking scalable, future-ready office spaces, with demand particularly strong for Grade A office assets.
Which sectors are driving office leasing in Bangalore?
The technology and IT/ITeS sector accounts for about 27% of total leasing activity. Global Capability Centres continue to set up and expand offshore operations in India.
How does Prestige's portfolio compare to overall Bangalore office market growth?
In 2024, Bangalore witnessed approximately 16 million square feet historic leasing volume, with estimates suggesting absorption could surpass 18 msf in 2025. Prestige's 9.52 msf represents a significant share of this expansion.

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