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.
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, convention centre and retail by 2030. Hospitality IPO on hold awaiting better valuation.
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- Mint · Companies — Same time