Prestige to enter retail venture in Bangalore

Posted on Thursday, January 19th, 2012

Prestige Estates Projects Ltd who have made a remark in Indian realty sector will soon be expanding their business operations in retail.

Prestige group will be investing about Rs300 crore in the retail venture along with store brand within a span of three months.

These stores will be set up on few of the malls in Bangalore city with brand pan-India.

Prestige experts say that they are into retail cashing now and will be allocating around 60,000 square feet in their malls in Bangalore.

However, good times are flowing in for Prestige Ltd, which is sure to add on positive retail growth of the city in a global view.

Source: Livemint




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