Prestige Group, which engages in mall constructions and various other projects in the hospitality, commercial and residential space, is planning for opening six state-of-the-art malls across the country. Currently, the company has nine operational malls in Bengaluru, Chennai, Hyderabad, Mangaluru, Mysuru and Udaipur, with over 5 million square feet of gross leasable area and close to 2,000 stores. A source from the company states that five more Forum malls are under construction across Bengaluru, Chennai, and Kochi covering approximately 8.1 million square feet of retail space. By 2023, the company aims at having more than 25 malls, covering over 14 million square feet and around 5,000 stores. Signage players must roll up their sleeves as Prestige Group is offering new business in mall graphics, branding and in-store projects.
