Prestige Group to Develop 4.84 Million Sq. Ft. Commercial Space in Phase 2 of Prestige Lakeshore Drive

BENGALURU — Leading Indian real estate developer Prestige Group is expanding its commercial footprint in East Bengaluru, announcing that Phase 2 of Prestige Lakeshore Drive will feature 4.84 million square feet of office space.

The office development is part of a larger 90-acre commercial business park located in Bellandur along Bengaluru’s Outer Ring Road (ORR) technology corridor. The second phase is specifically planned to meet sustained leasing demand from Global Capability Centers (GCCs), multinational technology firms, and large enterprise occupiers.

Expanding Infrastructure in Bengaluru’s Tech Corridor

The Phase 2 expansion significantly increases the total scale of the business park, following Phase 1 which covers approximately 1.36 million square feet of Grade-A office space across ground-plus-10 floor structures.

Designed with modern corporate efficiency in mind, the project offers large floor plates—averaging over 100,000 square feet per level—to accommodate high-density work environments and centralized corporate headquarters.

Strategic Features:

• Prime Location: Situated in Bellandur, providing direct access to the Outer Ring Road (ORR), Old Airport Road, and Varthur Road.
• Transit Access: Positioned near upcoming stations on Namma Metro’s Blue Line corridor, designed to streamline employee commutes.
• Campus Amenities: Features centralized green spaces, dedicated fitness centers, executive lounges, sports facilities, and integrated retail/dining outlets.
• Proximity to IT Hubs: Located near established commercial complexes including RMZ Ecospace, Embassy TechVillage, and Cessna Business Park.

Driving GCC and Corporate Leasing Momentum

Bengaluru continues to lead office space absorption across major Indian commercial markets, driven primarily by expanding global technology centers. The addition of 4.84 million square feet in Phase 2 underscores Prestige Group’s strategy to deliver large-scale, sustainable commercial infrastructure in high-demand micro-markets.

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