What is the agreement between Prestige Group and BMRCL for Bellandur Metro station?

Prestige Group has acquired exclusive naming rights for the Bellandur Metro station through a 30-year agreement with BMRCL, valued at ₹115 crore, involving station infrastructure upgrades.

How much is Prestige Group investing in the Bellandur Metro station deal?

Prestige Group is investing ₹115 crore over a 30-year concession period for station upgradation, infrastructure support, and partnership rights.

What are the goals of the Prestige Group and BMRCL partnership for the Bellandur Metro station?

The partnership aims to improve station infrastructure, enhance connectivity, and align upgrades with global metro standards and IGBC green building benchmarks.

Home / Business and Economy / Prestige Bags Bellandur Metro Station Naming Rights

Prestige Bags Bellandur Metro Station Naming Rights

22 Feb

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Summary

Prestige Group secured Bellandur Metro station naming rights.
The 30-year deal with BMRCL is valued at ₹115 crore.
Station upgrades will align with global standards and green benchmarks.

Prestige Bags Bellandur Metro Station Naming Rights

Prestige Group has secured exclusive naming rights for the Bellandur Metro station in Bengaluru, entering into a 30-year agreement with BMRCL for ₹115 crore. This public-private partnership will involve Prestige upgrading station infrastructure and enhancing connectivity, aligning with global standards and green building benchmarks.

The developer will invest ₹115 crore over the concession period, which includes interior upgrades and station enhancements. The station, co-branded as Prestige Bellandur Metro Station, is strategically located on the Outer Ring Road corridor, a vital business hub.

This deal is part of BMRCL's strategy to improve station facilities and revenue generation through private partnerships. The initiative aims to accelerate last-mile connectivity and improve the commuter experience for thousands of professionals working in the area.

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