Prestige Group inks pact with BMRCL to adopt Bellandur Metro Station

Prestige Estates Projects Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 533274 | NSE: PRESTIGE

23 Feb 2026 Evaluate

Prestige Group has signed a landmark definitive agreement with Bangalore Metro Rail Corporation (BMRCL) to adopt and co-brand Bellandur Metro Station as ‘Prestige Bellandur Metro Station.’ Under the agreement, Prestige Beta Projects will invest Rs 115 crore (excluding GST) towards station upgradation and enhancement, infrastructure support, and long-term partnership rights over a 30-year concession period.

The partnership grants Prestige Group exclusive station naming rights for a period of 30 years, along with 3,000 sq. ft. of commercial space within the station and 1,000 sq. ft. of advertising entitlement, and a provision for a future elevated connectivity bridge to Prestige Lakeshore Drive. Prestige Group, on its part, will strive to make this the best metro station in the city and will undertake interior upgrades, finishing works, and station enhancements in alignment with global metro standards and IGBC green building benchmarks, reinforcing Bengaluru’s push toward integrated, sustainable urban infrastructure.

This partnership represents a progressive Public-Private Partnership (PPP) model, combining infrastructure development with private sector participation to deliver seamless multi-modal connectivity for Bengaluru’s citizens and the ORR workforce. With this collaboration, Prestige Group reinforces its commitment to building not just office campuses, but integrated urban ecosystems where work, transit, and community converge.

Prestige Estates Projects is the flagship company of the Prestige Group. Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.

Prestige EstatesProj Share Price

1506.00 22.35 (1.51%)

08-May-2026 16:59 View Price Chart

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