Tuesday, August 5, 2025
spot_imgspot_img

Top 5 This Week

spot_img

Related Posts

Bengaluru Airport City to Host Landmark Convention Centre in Prestige-BACL Deal

In a move that fuses real estate ambition with aviation-linked urban planning, Bengaluru Airport City is all set to house a next-generation Convention and Exhibition Centre, following a long-term sub-lease agreement between Prestige Group and Bengaluru Airport City Limited (BACL), the development arm of Bengaluru International Airport Limited (BIAL).

This isn’t just another piece of commercial paperwork—it’s a blueprint for transformation. The project stands at the intersection of private-sector sophistication and public-infrastructure scale, marrying the vision of an international-standard event hub with the strategic muscle of one of India’s busiest airports.

Behind the scenes, the legal muscle came from CAM, whose advisory role navigated complex lease rights, regulatory frameworks, and operational benchmarks crafted to align with the strict guidelines governing airport land. The deal demanded meticulous structuring—balancing development timelines, commercial intent, and integration into the broader airport ecosystem.

The Centre is not just poised to be large—it’s aiming to become the go-to venue in South India for global summits, trade expos, and marquee events. With the Prestige Group steering development and BACL anchoring location and oversight, the site promises not only architectural scale but also unmatched connectivity.

A dream in concrete, glass, and negotiation—this deal may very well redefine what it means to build where the runway meets the skyline.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles