Prestige Group’s Commercial Development: Ongoing and Upcoming Projects

Prestige Group currently has:

• 13 ongoing commercial projects
• Total area: 24 million square feet

Many of these projects already have companies renting space.

Bangalore is the biggest location for Prestige Group’s office projects.

• Prestige Lake Shore Drive Phase I – 3.51 mn sft | 40% leased | 1.40 mn sft | FY26
• Prestige Tech Hub – 1.33 mn sft | 60% leased | 0.80 mn sft | FY26
• Prestige Tech Forest – 3.73 mn sft | 68% leased | 2.54 mn sft | FY26
• Prestige Capital Square – 0.18 mn sft | 100% leased | 0.18 mn sft | FY26
• Prestige Waterfront – 0.54 mn sft | 60% leased | 0.32 mn sft | FY27
• Prestige Tech Habitat – 1.04 mn sft | 74% leased | 0.77 mn sft | FY27
• Prestige Techzone – 2.53 mn sft | 67% leased | 1.70 mn sft | FY27
• Prestige Signature Tower (JRC) – 0.28 mn sft | 100% leased | 0.28 mn sft | FY27
• Prestige Lake Shore Drive Phase I – Block 3 – 0.82 mn sft | 40% leased | 0.33 mn sft | FY26

• The Prestige’ Mumbai – 4.28 mn sft | 90% leased | 3.86 mn sft | FY28
• Prestige 101, BKC (X) – 2.94 mn sft | 100% leased | 2.94 mn sft | FY28
• Prestige 101, BKC (Y) – 1.83 mn sft | 50% leased | 0.91 mn sft | FY28

Mumbai Total: 9.05 mn sft | 7.71 mn sft leased

Delhi

• Trade Center DIAL (Aerocity) – 0.80 mn sft | 50% leased | 0.40 mn sft | FY26

Upcoming Commercial Projects

Upcoming projects will add more office space and future rental income.

Upcoming Projects in Bangalore

• Prestige Landmark – 2.92 mn sft | 50% leased | 1.46 mn sft | FY26
• Prestige Tech Park 5 – 0.14 mn sft | 100% leased | 0.14 mn sft | FY27
• Commercial – Kensington Road – 0.08 mn sft | 100% leased | 0.08 mn sft | FY27
• Prestige Turning Point – 0.57 mn sft | 45% leased | 0.26 mn sft | FY27

Bangalore Upcoming Total: 3.71 mn sft | 1.93 mn sft leased

Upcoming Projects in Other Cities

Kolar

• Shipco (Warehousing) – 2.04 mn sft | 70% leased | 1.43 mn sft | FY26

Kochi

• Prestige Cyber Green – Phase II – 0.63 mn sft | 100% leased | 0.63 mn sft | FY26
• Prestige Vantage Point – 0.46 mn sft | 60% leased | 0.28 mn sft | FY26

Kochi Total: 1.09 mn sft | 0.91 mn sft leased

Chennai

• WS Industries – 1.64 mn sft | 64% leased | 1.05 mn sft | FY26

Mumbai

• Prestige Quantum – 1.63 mn sft | 50% leased | 0.81 mn sft | FY27
• Commercial @ The Prestige Place – 1.31 mn sft | 50% leased | 0.65 mn sft | FY27
• Prestige Business Bay – 2.72 mn sft | 60% leased | 1.63 mn sft | FY27

Mumbai Upcoming Total: 5.66 mn sft | 3.10 mn sft leased

Capital Expenditure (Capex) Details

Capex means the money needed to build and complete commercial projects.

Ongoing Commercial Capex

• Total COC: ₹1,22,470 mn
• COC (PG Share): ₹1,09,318 mn
• Balance COC: ₹70,265 mn
• Balance COC (PG Share): ₹64,792 mn

Upcoming Commercial Capex

• Total COC: ₹59,046 mn
• COC (PG Share): ₹39,873 mn
• Balance COC: ₹58,451 mn
• Balance COC (PG Share): ₹39,326 mn

Total Commercial Capex

• Total COC: ₹1,81,516 mn
• COC (PG Share): ₹1,49,190 mn
• Balance COC: ₹1,28,716 mn
• Balance COC (PG Share): ₹1,04,111 mn

Prestige Group has a strong commercial presence, especially in Bangalore, with many ongoing and upcoming office projects. High leasing levels show strong demand from companies. The planned capex ensures that these projects will be completed on time and start earning rent.

With a large pipeline and steady investment, Prestige Group’s commercial business is set to grow and provide stable income in the years ahead.