Development of 8 Million sq ft of malls planned by Prestige Group
Real estate developer Prestige Group has plans to construct 8 million square feet of malls. The projects would be spread across cities including Mumbai, Delhi-NCR, Bengaluru, Chennai, and Hyderabad. Prestige Group is planning to expand its retail portfolio in India with two new malls, expected to become operational by 2028-2029.
One mall located in Mumbai’s Mulund area, will cover two lakh sq-ft and focus on food and beverage offerings. Another mall with a footprint of one million sq-ft, is planned for the Prestige City township in Indirapuram, Delhi-NCR. As of now, this project is awaiting approval from the Real Estate Regulatory Authority (RERA).
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