In a notable example of private sector participation in public infrastructure, Prestige Group has formalised a long-term agreement with Bangalore Metro Rail Corporation Limited (BMRCL) to adopt and co-brand the Bellandur Metro Station in Bengaluru. The initiative underscores a growing trend of public–private collaboration aimed at upgrading urban transit infrastructure while enhancing commuter convenience.
Under the agreement, the station will be rebranded as “Prestige Bellandur Metro Station,” reflecting the developer’s strategic involvement in one of the city’s most commercially significant corridors.
Investment and Concession Framework
Through its subsidiary, Prestige Beta Projects Private Limited, the company has committed an investment of ₹115 crore, excluding GST. The partnership is structured as a 30-year concession agreement, during which Prestige will undertake station upgrades and contribute to long-term operational enhancement.
The investment will fund modernisation efforts, aesthetic improvements, and infrastructure development designed to elevate commuter experience and align the station with evolving metro standards.
Branding, Commercial Rights and Connectivity Benefits
As part of the arrangement, Prestige Group has secured exclusive naming rights for three decades. In addition, the agreement grants access to approximately 3,000 square feet of commercial space within the station premises, along with advertising rights covering 1,000 square feet.
A significant feature of the partnership includes provisions for constructing a future elevated connectivity bridge linking the metro station directly to Prestige Lakeshore Drive. This development is expected to strengthen last-mile connectivity for office-goers and residents in the surrounding business district.
By integrating transit access with commercial and residential infrastructure, the project aims to promote seamless urban mobility.
Station Modernisation and Sustainability Standards
The adoption initiative goes beyond branding. Prestige will undertake comprehensive interior upgrades, finishing enhancements, and overall station improvements aligned with internationally benchmarked metro infrastructure standards.
The modernisation plans will adhere to guidelines set by the Indian Green Building Council (IGBC), reinforcing sustainability goals. The project is designed to contribute to Bengaluru’s larger urban development agenda, which increasingly emphasises energy efficiency, environmentally responsible construction, and integrated transport ecosystems.
Importance of the Outer Ring Road Corridor
Bellandur Metro Station is situated along the 17-kilometre Outer Ring Road (ORR) Metro Corridor, connecting Silk Board to KR Puram. This stretch represents one of India’s largest office clusters and serves a substantial daily commuter base.
Given the corridor’s strategic role in connecting major IT parks and employment hubs, infrastructure enhancements at Bellandur are expected to significantly improve passenger movement and multi-modal connectivity. Strengthening facilities in this high-density business zone could also reduce traffic congestion by encouraging greater metro usage.
Public–Private Collaboration in Urban Infrastructure
The agreement between Prestige Group and BMRCL highlights the expanding use of Public–Private Partnership (PPP) models in India’s urban mobility projects. By combining public transit infrastructure with private capital and execution capabilities, such collaborations aim to accelerate modernisation while maintaining service quality.
For Prestige Group, the initiative aligns with its broader vision of developing integrated urban ecosystems that combine workplaces, residential communities, retail spaces, and efficient transit connectivity.
Company Profile
Prestige Group is a diversified real estate developer with a strong presence across commercial, residential, retail, hospitality, and infrastructure-linked developments in major Indian cities. The company has increasingly focused on projects that integrate real estate expansion with broader urban infrastructure initiatives, reinforcing its role in shaping modern cityscapes.
Summary
Prestige Group has signed a 30-year concession agreement with BMRCL to adopt and co-brand Bellandur Metro Station in Bengaluru. With an investment commitment of ₹115 crore, the company will modernise station infrastructure, secure naming and commercial rights, and improve last-mile connectivity through future linkages. The initiative represents a growing Public–Private Partnership model aimed at strengthening sustainable urban mobility along the key Outer Ring Road Metro Corridor.
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.