Prestige Group Retail
Prestige Group is a reputed Bangalore-based real estate firm that works on various segments like commercial, residential, hospitality, and retail portfolios. In the Retail Segment, Prestige Group has completed 13 projects. It covers 10 mn sq ft of development area. The properties include High Streets, Luxury retail, Malls, Multiplexes, and Art Centers. The Forum Mall, Celebration Mall, and Forum Vijaya Mall are a few well-known properties by the builder.
Currently, Prestige Group is working on 1 retail project over 1 mn sq ft. The project is in Bangalore,
| S. No | Project Name | Developable Area (Mn sq ft) | Economic Interest (%) | Prestige Share (Mn sq ft) | Completion (Yr) |
|---|---|---|---|---|---|
| 1 | Forum 13° North | 1.13 | 100% | 1.13 | FY 27 |
| Total | 1.13 | 1.13 |
There are 12 retail projects that are lined up and will be upcoming soon over 13 mn sq ft. The upcoming projects in Bengaluru include,
| S. No | Project Name | Developable Area (Mn sq ft) | Economic Interest (%) | Prestige Share (Mn sq ft) | Completion (Yr) |
|---|---|---|---|---|---|
| 1 | Forum TPC Bengaluru | 1.27 | 60% | 0.76 | FY 25 |
| 2 | Forum Park Grove | 0.55 | 60% | 0.33 | FY 25 |
| 3 | Forum Mall @ Prestige Falcon City Phase 2 | 0.41 | 60% | 0.24 | FY 26 |
The upcoming projects in Chennai include,
| S. No | Project Name | Developable Area (Mn sq ft) | Economic Interest (%) | Prestige Share (Mn sq ft) | Completion (Yr) |
|---|---|---|---|---|---|
| 1 | Forum One OMR | 1.79 | 85% | 1.52 | FY 25 |
The upcoming projects in Hyderabad include,
| S. No | Project Name | Developable Area (Mn sq ft) | Economic Interest (%) | Prestige Share (Mn sq ft) | Completion (Yr) |
|---|---|---|---|---|---|
| 1 | Forum @ The Prestige City | 1.29 | 30% | 0.39 | FY 25 |
| 2 | Forum @ Budvel | 1.76 | 60% | 1.05 | FY 26 |
| 3 | Forum @ Banjara Hills | 0.62 | 100% | 0.62 | FY 26 |
The upcoming projects in Mumbai include,
| S. No | Project Name | Developable Area (Mn sq ft) | Economic Interest (%) | Prestige Share (Mn sq ft) | Completion (Yr) |
|---|---|---|---|---|---|
| 1 | Forum @ Jijamatanagar | 2.10 | 26% | 0.53 | FY 26 |
The upcoming projects in Goa include,
| S. No | Project Name | Developable Area (Mn sq ft) | Economic Interest (%) | Prestige Share (Mn sq ft) | Completion (Yr) |
|---|---|---|---|---|---|
| 1 | Forum @ South Goa | 0.85 | 100% | 0.85 | FY 26 |
| 2 | Galeria Centro @ Prestige Sea Scapes | 0.15 | 51% | 0.08 | FY 26 |
The upcoming projects in Kochi include,
| S. No | Project Name | Developable Area (Mn sq ft) | Economic Interest (%) | Prestige Share (Mn sq ft) | Completion (Yr) |
|---|---|---|---|---|---|
| 1 | Forum Neighbourhood Mall | 0.69 | 10% | 0.69 | FY 26 |
The upcoming projects in NCR include,
| S. No | Project Name | Developable Area (Mn sq ft) | Economic Interest (%) | Prestige Share (Mn sq ft) | Completion (Yr) |
|---|---|---|---|---|---|
| 1 | Forum @ TPC Indirapuram | 1.48 | 53% | 0.79 | FY 26 |
The retail portfolio of FOOTFALLS of H1 FY25 is 9 mn+. The GTO of H1 FY25 is Rs. 11000 + mn. The leasing occupancy of H1 FY25 is 99.20%. The exit rentals include Rs. 2179 mn. The annuity income FY29 is Rs. 9831 mn. As per the Prestige Group reports on retail capital expenditure, the company has a stable balance to spend across the ongoing and all the upcoming projects.
Prestige Group Prelaunch Project is Prestige Southern Star
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