CAM Advises on Development of World-Class Convention and Exhibition Centre at Bengaluru Airport City

CAM provided legal advice on a significant real estate deal involving the development of a state-of-the-art Convention and Exhibition Centre at Bengaluru Airport City. This project brings together the expertise of the Prestige Group and the vision of Bengaluru Airport City Limited, marking a major milestone in South India's infrastructure development.

Real EstateInfrastructureConvention CentreBengaluru Airport CityPrestige GroupReal EstateAug 04, 2025

CAM Advises on Development of World-Class Convention and Exhibition Centre at Bengaluru Airport City
Real Estate:CAM, a leading law firm, has advised on a long-term sub-lease agreement between the Prestige Group and Bengaluru Airport City Limited (BACL), a wholly owned subsidiary of Bengaluru International Airport Limited (BIAL). The agreement is for the development of a world-class Convention and Exhibition Centre within the Bengaluru Airport City. This transaction is notable for its scale, strategic location, and the high-profile stakeholders involved.

The Convention and Exhibition Centre is envisioned as a premier destination for international conferences, exhibitions, and large-scale formal events. It is expected to be one of the largest of its kind in South India, significantly boosting the region's capabilities in hosting major events.

The transaction involved extensive commercial negotiations, the structuring of lease rights, development milestones, and operational covenants tailored to the unique requirements of airport infrastructure. The deal brings together private development expertise and public infrastructure vision to create a flagship event destination in South India.

The legal team at CAM was led by Reeba Chacko, Senior Partner, and Abhilash Pillai, Partner. They were supported by Diptayon Basu, Director – Real Estate, and Astha Krishna, Associate. The team's expertise in real estate and infrastructure law was crucial in navigating the regulatory and urban planning nuances of the project.

This development is a significant step forward in the real estate landscape of South India, combining the strengths of private developers and public infrastructure providers. The Convention and Exhibition Centre is expected to attract a wide range of events, from international conferences to large-scale exhibitions, enhancing the region's reputation as a major event destination.

Bengaluru, known as the Silicon Valley of India, is a hub for technology and innovation. The development of this Convention and Exhibition Centre will further solidify its position as a leading city for business and events. The project is expected to create numerous jobs and boost the local economy, while also contributing to the overall development of the region.

The strategic location of the Convention and Exhibition Centre within the Bengaluru Airport City provides easy access for international and domestic visitors. The center is designed to meet the highest standards of modern convention facilities, ensuring a seamless and memorable experience for all attendees.

In conclusion, the development of the Convention and Exhibition Centre at Bengaluru Airport City is a significant milestone in the region's infrastructure development. It represents a successful collaboration between private and public sectors, and is poised to become a premier event destination in South India.

Frequently Asked Questions

What is the significance of the Convention and Exhibition Centre being developed at Bengaluru Airport City?

The development of the Convention and Exhibition Centre at Bengaluru Airport City is significant because it brings together private development expertise and public infrastructure vision to create a premier event destination in South India. It is expected to be one of the largest of its kind in the region, capable of hosting international conferences, exhibitions, and large-scale formal events.

Who are the key stakeholders involved in this project?

The key stakeholders involved in the project are the Prestige Group, Bengaluru Airport City Limited (BACL), and Bengaluru International Airport Limited (BIAL). CAM, a leading law firm, provided legal advice on the long-term sub-lease agreement.

What role did CAM play in this transaction?

CAM played a crucial role by providing legal advice on the long-term sub-lease agreement. The team was led by Reeba Chacko, Senior Partner, and Abhilash Pillai, Partner, with support from Diptayon Basu, Director – Real Estate, and Astha Krishna, Associate.

What are the expected benefits of this development for the local economy?

The development of the Convention and Exhibition Centre is expected to create numerous jobs and boost the local economy. It will attract a wide range of events, from international conferences to large-scale exhibitions, enhancing the region's reputation as a major event destination.

How does the strategic location of the Convention and Exhibition Centre benefit visitors?

The strategic location of the Convention and Exhibition Centre within the Bengaluru Airport City provides easy access for international and domestic visitors. This ensures a seamless and memorable experience for all attendees, making it an attractive venue for major events.

Related News Articles

Elevating Civil Aviation: Mohol's Pioneering Role in Pune
Real Estate Maharashtra

Elevating Civil Aviation: Mohol's Pioneering Role in Pune

Discover how Mohol is driving growth in Pune's civil aviation sector, with insights from Hemant Rasne, former Mayor and BJP leader.

June 13, 2024
Read Article
Budget 2024: A Boost to Sustainable Growth in Real Estate
Real Estate Mumbai

Budget 2024: A Boost to Sustainable Growth in Real Estate

The Union Budget 2024 focuses on MSMEs, employment, skilling, youth, and middle-class, with indirect benefits to the real estate sector through job creation, infrastructure, and urban redevelopment.

July 23, 2024
Read Article
Dubai Real Estate Market Sets AED 141.9 Billion Quarterly Sales Record in Q3 2024
real estate news

Dubai Real Estate Market Sets AED 141.9 Billion Quarterly Sales Record in Q3 2024

Dubai’s real estate market achieved a significant milestone in Q3 2024, with total sales reaching AED 141.9 billion, marking a new all-time high for a single quarter. This achievement surpassed the previous record of AED 124.07 billion set in Q2 2024, ref

October 10, 2024
Read Article
Elan Group Gets a Boost with Rs 1200 Crore from Kotak Real Estate Fund
real estate news

Elan Group Gets a Boost with Rs 1200 Crore from Kotak Real Estate Fund

The investment will serve as growth capital, helping Elan Group cement its position in the thriving real estate market of Gurugram. This strategic move is expected to accelerate the company's expansion and development projects in the region.

October 22, 2024
Read Article
Delhi-NCR: The Metro City Witnessing a Massive Surge in Housing Prices
Real Estate Mumbai

Delhi-NCR: The Metro City Witnessing a Massive Surge in Housing Prices

The report suggests that the price appreciation in Delhi-NCR is attributed to rising demand for high-end properties. Read more to know the details.

October 28, 2024
Read Article
Radisson Resort Khopoli Launches as a Luxurious Getaway Near Mumbai and Pune
Real Estate Mumbai

Radisson Resort Khopoli Launches as a Luxurious Getaway Near Mumbai and Pune

Radisson Hotel Group has expanded its footprint in Maharashtra with the opening of Radisson Resort Khopoli, offering a premium retreat for travelers near Mumbai and Pune.

February 6, 2025
Read Article