Project Launch
Prestige Group Lists Prestige Shipco Warehousing Project in Kolar—47-acre Commercial Development Slated for Possession by End-2025
Prestige Shipco is a commercial warehousing project in Kolar, Karnataka, developed by the Bangalore-listed Prestige Group. The project has been listed as upcoming across major property platforms and is designed to support the district's growing logistics and light industrial demand.
| Total Land Area | 47.06 acres, with 30% left over as open land |
|---|---|
| Net Developed Area | 33.06 acres of net developed land, which is 70% of the total land size |
| Structure | 17 blocks of buildings |
| Product Type | Office spaces and retail shops |
| Target Possession | Ready for possession from 2026 |
| Price Band | On request (no fixed pricing announced) |
| Developer | Prestige Group, founded by Razack Sattar in 1986 |
| Status as of September 2026 | Upcoming; pre-launch phase |
Project Overview
Prestige Shipco is a commercial warehousing project in Kolar, Karnataka. The project is designed to provide a modern business ecosystem that supports warehousing operations, office activities and retail establishments. The project will cover a land area of 47.06 acres with 17 blocks and the total development area is around 33.06 acres.
Product Configuration
The announced configuration focuses on office spaces and retail shops. The project features a storage room, compliance and security, parking arrangements, and so on. The project development will be completed by the end of 2025, though possession is ready for 2026.
Locality & Infrastructure Context
Kolar District is located about 60 km from Bangalore and comprises of five talukas including Malur and Mulbagal, ranking first in the production of horticultural crops like potato, tomato, onions and chillies. Sericulture and dairy are important industries here while there is also the presence of handloom and readymade garment clusters. Kolar is also a leader in broiler chicken production and a hub for agro-based and food processing industries.
Over the last decade, Narasapura has emerged as a major industrial hub, attracting global and domestic manufacturers across automotive, aerospace, electronics, engineering, and logistics sectors. Kolar is one of the nodes identified under Chennai-Bengaluru Industrial Corridor which is now waiting for NIMZ approval. Large scale industries and a proposed Free Trade Warehousing Zone are expected to further boost the industrial development and economy of Kolar District.
Connectivity & Market Positioning
The development enjoys a strategic position that provides excellent access to Bengaluru and other important parts of Karnataka. The area is located near NH-75 (Bengaluru–Kolar Highway), providing direct access to Bengaluru and other major cities. The proposed Bengaluru-Chennai Expressway also known as national express way 7(NE-7) passes through Kolar.
The demand for commercial developments in Kolar continues to increase significantly as infrastructure develops. The proximity to Bengaluru allows access to advanced urban infrastructure and amenities, and as industrial activity grows, residential development in nearby areas is also increasing.
Developer Track Record
The project is being developed by Prestige Group, a name that is widely recognized in the Indian real estate industry. The developer has successfully completed numerous residential and commercial projects that are known for quality, innovation and timely delivery. The group has added 49 million square feet of office space within the next two years. They are currently working on 12 projects which span across 23 million square feet. There are 7 projects in the queue, and they are spread across 8 million square feet.
Land use
Frequently asked questions
What is Prestige Shipco and where is it located?
Prestige Shipco is a commercial warehousing project in Kolar, Karnataka. Kolar District is located about 60 km from Bangalore.
What configurations are planned for Prestige Shipco?
The announced configuration focuses on office spaces and retail shops. The project features a storage room, compliance and security, parking arrangements.
When is Prestige Shipco expected to be ready for possession?
Shipco project is ready for possession from 2026, with project development expected to be completed by the end of 2025.
What is the total land area and development space?
The project covers 47.06 acres, with 30% left over as open land. There are 33.06 acres of net developed land, which is 70% of the total land size.
Why is Kolar emerging as a commercial investment destination?
The location offers connectivity to major industrial zones, business districts and transportation corridors. This advantage helps companies reduce operational costs while improving supply chain efficiency. As a result, the demand for commercial developments in Kolar continues to increase significantly.
Is there RERA approval for this project?
No RERA registration number has been publicly documented for Prestige Shipco at this time. The project is in the upcoming/pre-launch phase as of September 2026.
What is Prestige Group's development pipeline?
Prestige Group is currently working on 12 projects which span across 23 million square feet. There are 7 projects in the queue, and they are spread across 8 million square feet.