Airport City Convention Centre by Prestige: What the Announcement Means for Devanahalli Home Buyers
For a long time the airport belt was largely a story about what might arrive. A June 2026 announcement gives it a new anchor. Prestige Group and the airport's development company will build a convention hall, offices and a pair of luxury hotels on the airport campus at Devanahalli. This guide covers the plan, the schedule, and the points a home buyer should weigh before acting on it.
First, the Timeline
The partnership was introduced in July 2025 with talk of a exhibition and convention hall of about 8,000 seats, and the full plan was published on 11 June 2026. Construction is expected to start in early 2027, and the target for completion is 2031.
That puts the opening roughly five years away. Large mixed-use projects frequently run past their dates, and the hotels still need approvals, so 2031 is best read as an aim.
What the Plan Contains
On a 14.2-acre site inside Airport City, Prestige Group intends to put in Rs. 1,800 crore or so. The architect is Kohn Pedersen Fox. Components are:
| Component | Detail |
|---|---|
| Exhibition and convention hall | Space for major conferences and trade fairs |
| Hotels | Two luxury properties, planned as St. Regis and Marriott Marquis |
| Offices | Grade A space |
| Theatre | A performing arts venue |
| Public areas | Restaurants and retail |
This is a commercial scheme, not housing, so nobody can book a flat in it. Residential projects nearby remain separate, with approvals and RERA registrations of their own. Prestige Group is simply the developer behind the commercial scheme.
The Wider Airport City
The convention centre joins Airport City, a 463-acre business district inside the Kempegowda International Airport boundary. A subsidiary of the airport operator is building it. Phase one has a business park, a concert arena, a retail and dining village, and a hotel of 775 rooms run under the Vivanta and Ginger names.
Conventions work differently from offices. They bring crowds for a few days, not staff every day, and those guests need beds, taxis, meals and event crews. This is why a convention venue usually comes with hotels.
What It May Do for Homes
For years, interest in Devanahalli has depended on the airport and on promised jobs, while plots and villas multiplied faster than nearby workplaces. Offices, hotels and an event venue within the campus would put employment nearer those homes.
The result will be slow. Hotel and event employees, office workers and service firms are likely to want rentals a short drive away, and senior staff and owners may seek bigger homes and villas. That demand builds only once the venues are open and busy, which suggests the 2030s.
Where Buyers Can Get Caught
Namma Metro's Blue Line, from KR Pura to the airport, is being built, and the dates announced for it have changed repeatedly. A home bought in 2026 may be occupied or rented for years before the hall and the metro both operate.
Along Ballari Road, asking prices already reflect a good part of the expected growth, and sellers cite each announcement as a reason for more. Paying for the entire future now means accepting the risk of delay for nothing in return.
Fit for Different Buyers
Anyone making a home in North Bangalore and working near the airport, or in Hebbal or Yelahanka, gains a stronger neighbourhood over the years, and the home is useful from day one. For an investor with eight to ten years in hand, the case is reasonable at a fair entry price. Selling inside three or four years is a poor fit for a project opening in 2031, and areas with full offices are safer.
Paperwork Comes Before Headlines
Announcements do not change the checks on any one plot or flat:
- Work out the true drive to the entrance of Airport City. Layouts advertised beside the airport can be 15 to 25 km from it.
- Verify the project's RERA registration with the state authority.
- Check the layout approval for that village and whether the land has been converted for residential use.
- Find out if the survey numbers are covered by a KIADB land acquisition notification.
- Visit to inspect water, power and road access as they stand today.
- Study prices in neighbouring villages to see how much growth is priced in already.
- Plan finances for a late opening of both the hall and the metro.
Real money is going in from a large developer and from the airport's own development arm. It strengthens the long-term picture, and it supports holding a well-chosen home longer rather than rushing into an unchecked one.
