Commercial Pre-Leasing
Prestige JRC Signature Towers: Commercial Pre-Leasing Milestone as HSBC Secures 1.2M Sq Ft
Prestige Group and JRC Group's premium commercial project at Bellandur has achieved full pre-leasing of its 1.18 million sq ft office space. HSBC has committed to a 20-year lease for the entire two-tower development, marking a significant anchor tenancy for the project as it advances toward completion in Q2 2028.
| Developer | Prestige Group (joint venture with JRC Group) |
|---|---|
| Location | Kariyammana Agrahara, Bellandur, Outer Ring Road, Bangalore |
| Site Area | 7.2 acres |
| Total Development | 1.18 million sq ft office space across two towers |
| Building Specs | Two towers: 2 Basements + Ground + 9 Floors; Building 1: 4,08,083 sq ft; Building 2: 7,05,221 sq ft |
| Expected Completion | Q2 2028 |
| Pre-Leasing Status (as of September 2026) | Fully pre-leased to HSBC for 20 years |
| RERA Status | Not yet registered (pending approval) |
| Pricing | Competitive; specific rates not disclosed |
Project Overview & Status
Prestige Group partnered with JRC Group to develop a commercial project at ORR Bellandur, Bengaluru. The project is a Grade A tech park in Bellandur, South Bangalore, and is a joint venture between Prestige Group and JRC Projects. As of September 2026, the project remains under construction and is not yet RERA-registered.
Anchor Tenant & Pre-Leasing Milestone
Prestige Group has pre-leased 1.2 million sq ft of office space at Bengaluru's Prestige JRC Signature Towers to HSBC for 20 years. HSBC will occupy two towers at Prestige JRC Signature Towers. This full pre-leasing represents a major milestone for the commercial office sector in Bangalore's IT corridor, underscoring strong institutional demand for premium workspace.
Physical Specifications & Site Details
The master plan is designed to provide an integrated urban experience on a 7.2-acre land parcel, featuring two grand towers rising to 2 Basements + Ground + 9 Floors, housing approximately 1.18 million sq ft of premium development. Building 1 covers 4,08,083 sq ft, while Building 2 covers 7,05,221 sq ft, totalling over 1.1 million sq ft.
The project is located in Kariyammana Agrahara, Bellandur, Bengaluru. Situated right on the Outer Ring Road (ORR), the project offers fast, easy access to major IT hubs like Marathahalli, Sarjapur, and Whitefield.
Amenities & Infrastructure
The tower is expertly designed and includes fast internet, power backup, central AC, high-speed lifts, modern security, large parking, fire safety, and a cafe. The project includes a lobby, smart office setup, and a dedicated amenity zone with cafeteria.
Bellandur Locality Context
Bellandur is a popular residential location for employees of Bangalore's information technology (IT) and finance industry due to the presence of several special economic zones in the area. In February 2026, Bangalore Metro Rail Corporation Limited signed a station sponsorship deal for an upcoming metro station as part of Phase 2A of the Blue Line, with Prestige Group agreeing to invest around ₹120 crore. The station will be named Prestige Bellandur Metro Station, with the company granted the right to use the name for 30 years.
Timeline & Possession
The project is expected to be completed in the second quarter (Q2) of 2028. The project is an ongoing site with completion reaching near and will be ready by late 2027. It is ready for pre-leasing, and companies can start leasing offices here.
Pricing & Leasing Terms
Prestige Signature Tower is ready for booking with average lease amount starting at Rs. 90k to 1 Lakh onwards. The Prestige JRC Signature Tower price is expected to be highly competitive considering its prime Bangalore location, premium commercial specifications, and Prestige Group's trusted reputation. Pricing will vary depending on office size, floor preference, and unit configuration.
Developer Profile
Prestige Group is one of India's leading real estate developers with a legacy of delivering landmark residential, commercial, retail, hospitality, and mixed-use developments. Established in 1986, the company has successfully completed numerous iconic projects across major Indian cities.
Frequently asked questions
What type of project is Prestige JRC Signature Towers?
It is a premium commercial office development featuring Grade A office spaces, designed for corporate offices, tech startups, and multinational enterprises. The project includes office floors, retail components, and dining facilities.
Has the project been officially launched?
As of September 2026, the project is under construction and is not yet RERA-registered. The project was expected to launch in 2025 and is now in pre-leasing phase with full occupancy committed by HSBC.
What is the total area and composition?
The project spans 7.2 acres with two towers of 2 Basements + Ground + 9 Floors each, totaling approximately 1.18 million sq ft of office space. Building 1 is 4,08,083 sq ft and Building 2 is 7,05,221 sq ft.
When will the project be completed?
The project is expected to be completed in Q2 2028, with some sources indicating late 2027.
Who is the anchor tenant?
HSBC has pre-leased the entire 1.2 million sq ft office space for a 20-year tenure, occupying both towers. The lease was signed in July 2026.
What is the rental rate?
Average lease rates start at Rs. 90,000 to Rs. 1 Lakh per sq ft per month, depending on floor area and lease tenure. Specific pricing for individual units has not been publicly disclosed.
What is the connectivity and proximity to key areas?
The project is located on Outer Ring Road at Bellandur, offering access to major IT hubs including Marathahalli, Sarjapur, and Whitefield. A metro station (Prestige Bellandur) is under development nearby as part of Namma Metro Phase 2A.