Forum Malls Charts Aggressive Expansion, Bengaluru Remains Growth Hub

Forum Mall, one of Bengaluru’s most popular shopping destinations managed by the Prestige Group, is set for major expansion as it strengthens its presence across India’s top metropolitan markets. The retail chain has announced plans to nearly double its portfolio by opening 14 new shopping centres by 2029, targeting cities such as Bengaluru, Delhi, Mumbai, Chennai and Hyderabad.

Currently operating 11 malls, including those under Nexus partnerships, Forum Malls is focusing on metro cities to tap into higher consumer spending and premium retail demand. Bengaluru continues to be its largest and most strategic market.

Among the key upcoming projects is India’s first athleisure-focused mall near the Kempegowda International Airport. Spread across 8 lakh sq ft, the project is expected to house global sportswear brands, fitness studios and lifestyle outlets, with completion targeted for 2027. Another major development, Forum 13°North in North Bengaluru, will span 0.94 million sq ft, integrating retail, hotel and office spaces. Construction was underway as of late 2025.

On the business front, Forum Malls has reported strong festive momentum, projecting a 15 per cent rise in footfall and revenue during the October–December season. The group is allocating nearly 30–40 per cent of its annual marketing budget to capitalise on festive demand.

With these initiatives, Forum Malls is intensifying competition with established players such as Phoenix Mills and VR Bengaluru, reinforcing the city’s position as a leading retail and lifestyle hub in the country.

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