Prestige Group and BACL Partner to Unveil Landmark Convention and Integrated Destination in Bengaluru Airport City

Prestige Group and BACL Partner to Unveil Landmark Convention and Integrated Destination in Bengaluru Airport City​

Bengaluru: The Prestige Group, in collaboration with Bengaluru Airport City Limited (BACL), announced a landmark integrated destination within Bengaluru Airport City. This project is set to seamlessly combine business, hospitality, culture, and experiences into one connected ecosystem, marking a major milestone for the evolution of the Airport City as a vibrant urban hub.

The development is designed as a world-class hub encompassing business, hospitality, and culture. It will feature an iconic convention and exhibition centre, luxury hotels under the globally renowned St. Regis and Marriott Marquis brands, premium office space, and curated food and beverage experiences within a cohesive urban environment.

This facility is intended to serve a diverse audience including global travelers, event organizers, corporations, visitors, and residents. By merging commercial, hospitality, and cultural offerings with world-class infrastructure, the project aims to strengthen Bengaluru’s position as a global gateway and advance the vision of the Airport City as a dynamic center for commerce and collaboration.

Mr. Irfan Razack, Chairman and Managing Director of Prestige Group, commented on the development, stating that it reflects their vision of creating destination defining assets. He added that by integrating business, culture, and lifestyle experiences within a single ecosystem, they are establishing a landmark destination expected to set new benchmarks for mixed-use development in India.

Mr. Hari Marar, Managing Director and CEO of Bangalore International Airport Limited (BIAL), highlighted the role of the partnership. He stated that as airport cities emerge as engines of economic activity, developments like this play an important part in shaping surrounding ecosystems. He added that by extending the airport experience beyond aviation, they are creating a destination that will support regional long-term growth and serve businesses, visitors, and communities alike.

The Convention Centre is anticipated to become one of the region's leading venues for cultural gatherings, international conferences, corporate events, and exhibitions. The broader development is expected to blend commerce, entertainment, hospitality, and culture into a vibrant destination.

As Bengaluru continues its growth as India's innovation and technology capital, this project is projected to catalyze economic growth, investment, employment opportunities, and business tourism across the rapidly evolving airport corridor.

Company Profiles​

Prestige Group:
The Prestige Group operates as one of India’s respected and diversified real estate developers, boasting a legacy spanning nearly four decades. The company has a portfolio that includes integrated township, residential, commercial, retail, and hospitality projects across major cities. As of March 2026, the Group has successfully delivered 316 projects totaling 212 million sqft and holds a pipeline of 135 projects across 227 million sqft.

Bengaluru Airport City Limited (BACL):
BACL is the wholly owned subsidiary of Bangalore International Airport Limited (BIAL), the operator of Kempegowda International Airport, Bengaluru. BACL was established to develop the Airport City at BLR into a world-class mixed-use destination. The planned developments include Business Parks, Technology Hubs, Medical District, Knowledge Park, Hospitality, a multipurpose Concert Arena, and a Convention & Exhibition Centre. The Airport City is designed as an international gateway toward a Sustainable, Smart, Vibrant city that embraces "Innovation 24x7," serving as a test bed for global urban solutions by applying the principles of Work, Play, Live, Learn & Create.

PRESTIGE Stock Price Movement​

As of 1:45 PM, shares of Prestige Estates Projects Limited are slipping by 0.34% in live trading, currently priced at ₹1323.5. The stock has traded within a range between a low of ₹1311 and a high of ₹1327.5 during the session so far.