9 Million sq ft retail space to be developed by Prestige Group
Real estate developer Prestige Group has plans to develop 9 million sq ft of malls within the next 3 years. The firm is planning its mall expansion in Mumbai and Delhi-NCR (National Capital Region) and is close to signing a deal in Delhi-NCR.
The company sold 4.4 million square feet of retail space in 7 shopping malls in 2021, with an estimated value of Rs 9,000 crore. Upcoming developments include six malls in the home city of Bengaluru, two in Kochi, and one apiece in Chennai and Hyderabad.