10 Million sq ft office space added by Prestige Group in Bengaluru , plans to reach 28 million sq ft space
Real estate developer Prestige Group has added 10 million sq ft (msf) of office space in Bengaluru in 2 years. This comes as the group plans to develop 28 msf of office space in Bengaluru within the next five years.
As per Prestige, it is looking at locations such as Hebbal, Bellandur, Whitefield, and Varthur. The 40 msf pipeline will have about 60-70 percent of large business parks, while the rest will be standalone office spaces in CBD (central business district) areas. The firm is also looking to close deals for two 50-60 mw data centers in Bengaluru this year.
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