Commercial Launch
Prestige Group & BACL Unveil ₹1,800 Cr Bengaluru Airport City Convention Hub—Construction to Begin 2027
Prestige Group and Bengaluru Airport City Limited (BACL) announced a convention and mixed-use commercial hub spanning 1.5 million square feet, to be developed at a construction cost of about ₹1,800 crore. The development, planned on a 14.2-acre parcel near Kempegowda International Airport, is set to commence construction by early 2027.
| Developer | Prestige Group in partnership with Bengaluru Airport City Limited (BACL) |
|---|---|
| Location | Devanahalli, Kempegowda International Airport precinct, North Bangalore |
| Project Type | Mixed-use commercial development (non-residential) |
| Total Built Area | 1.5 million square feet |
| Land Parcel | 14.2 acres |
| Investment | Approximately ₹1,800 crore |
| Construction Timeline | Early 2027 to 2031 |
| Architect | Kohn Pedersen Fox (KPF), London-based firm |
| RERA Status | Announced project; RERA registration details pending |
| Status (as of September 2026) | Upcoming—announcement-stage, pre-construction |
Project Components & Specifications
The integrated development will house a world-class 8,000-seat Convention and Exhibition Centre, a state-of-the-art performing arts theatre, a luxury hotel, and Grade A office spaces, all seamlessly woven together with curated F&B and global dining experiences. The mixed-use development will include luxury hotels, office space, retail and food outlets, as well as a performing arts space, with a proposed seating capacity of 2,500.
Conceived as an economic hub, the Airport City is expected to house commercial offices, entertainment venues, healthcare facilities and educational institutions, among other projects.
No residential component: This project has no residential component and the BIAL concession actively prohibits it.
Development Timeline & Execution
The development, planned on a 14.2-acre parcel near Kempegowda International Airport, will entail investment of around Rs 1,800 crore. The project is expected to become operational by 2031. Construction is set to commence by early 2027. Kohn Pedersen Fox (KPF), a London based architectural firm, has been appointed for the development.
Devanahalli Locality Context
Today, Devanahalli is North Bangalore's aerospace, IT, and airport hub. The town is anchored by Kempegowda International Airport, the 400-acre Devanahalli Business Park, the KIADB Aerospace SEZ, and the ₹1,500 billion BIAL IT Investment Region.
Foxconn's ₹21,911 Cr "Project Elephant" iPhone assembly campus is operational ~7 km away, the 950-acre Bangalore Aerospace SEZ houses Boeing, Airbus, Bombardier and 50+ OEMs, and the 3,117-acre Devanahalli Special Investment Region anchors the next 10–15 years of organised industrial growth.
NH-44 (Bellary Road) is ~5–8 km away, Namma Metro Blue Line Phase 2B opens through 2026–27 (Hebbal–Airport section June 2027), and the Special Investment Region notification anchors the next 10–15 years of organised industrial growth.
Project Significance & Market Impact
Airport-led urban developments such as Delhi's Aerocity and Hyderabad's GMR Aerocity have already demonstrated the potential of combining office spaces, hotels, retail, and entertainment within airport-adjacent districts. Bengaluru currently lacks a comparable integrated airport city hub.
The development is expected to catalyse economic growth, business tourism, investment and employment opportunities in the rapidly evolving airport corridor.
Developer Profile
The Prestige Group is one of India's most respected and diversified real estate developers, with a legacy spanning nearly four decades and a portfolio that includes residential, commercial, retail, hospitality, and integrated township projects across major cities. As of March 2025, the Group has delivered 302 projects spanning 193 mn sft and currently has a pipeline of 130 projects across 203 mn sft.
Frequently asked questions
Is this a residential project?
No. Prestige Bengaluru Airport City is a pure commercial mixed-use development with no residential component. The airport authority's concession agreement prohibits residential development on this leased land.
What is the built-up area and land size?
The project spans 1.5 million square feet of built-up area on a 14.2-acre parcel within the BACL Airport City precinct near Kempegowda International Airport.
When will construction start and end?
Construction is scheduled to commence by early 2027 and be completed by 2031, making it operational by end-2031.
What is the investment and construction cost?
The project is being developed at an approximate construction cost of ₹1,800 crore by Prestige Group in partnership with BACL.
Who designed the project?
The project has been designed by Kohn Pedersen Fox (KPF), a London-based architectural firm known for large-scale mixed-use developments.
What is nearby Devanahalli's employment base?
Devanahalli is anchored by Kempegowda International Airport, the 400-acre Devanahalli Business Park, the KIADB Aerospace SEZ (housing Boeing, Airbus, and 50+ OEMs), Foxconn's ₹21,911 crore iPhone assembly facility, and the ₹1,500 billion BIAL IT Investment Region.
Is there RERA registration or approval?
As of September 2026, the project is at the announcement stage. RERA registration details and formal approval status have not yet been published. Buyers should monitor the Karnataka RERA portal and the developer's official channels for updates.