Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

In 2023, Bengaluru-based real estate firm Puravankara Ltd intends to launch new projects comprising over 15 million square feet in Bengaluru, Chennai, Kochi, and Coimbatore, with a three-year revenue goal of Rs 18,000 crore.

As the commercial capital of Kerala, Kochi already enjoys a reputation as a vibrant and cosmopolitan city of south India and is a leading Tier II city today along with the likes of Nashik, Baroda and Goa.