Prestige Shipco

Prestige Shipco warehousing is located in Kolar, Karnataka. Kolar is a growing commercial corner known for its rich cultural heritage and is close to Bangalore.. The site is easily accessible via NH75, making it a prime space for logistics and warehousing.

The Prestige Group, a famous real estate developer, develops prestige Shipco warehousing known for its high-quality projects in the residential and retail sectors.

The Prestige Estates holds a 7% equity stake in Shipco infra. The transaction was valued for 22 cr and was done on 23 August 2021. The company was established in 2006 and is in the business of real estate development. Shipco Infrastructure Company Limited is a 16-year-old company. The registration number of the firm is 39751.

The warehouse offers a wide range of amenities designed to support large-scale logistics operations. It has warehouse buildings (1 to 14), a storage area, a cafeteria, security systems, ample parking, and much more. The project is designed to get the highest standards of efficiency and safety for industrial use.

Prestige Shipco spans an area of 47.06 acres of land parcel with 33.06 acres of net developed land. The project is expected to be completed by 2025. The cost of the warehouse ranges from Rs 4000 to Rs 8000 per sq. mt. The construction type and other comforts will significantly impact the price, ranging between Rs 50 to Rs 100 per sq. ft, with premium features pushing the cost higher.

Kolar is situated in the southeastern part of Karnataka. The place is famous for the Kolar gold fields, one of the oldest mines in India. Kolar has gained attention as a growing residential and commercial hub, offering a blend of rural charm and urban comfort.

Kolar’s location near Bangalore makes it an engaging site for real estate development. It is connected to the city as well as other parts of Karnataka via NH75. The travel time from Kolar to the city is 1.5 hrs by road. The proximity to key industrial areas and the availability of good roads further enhance Kolar’s attractiveness as a residential and commercial space.

Prestige Group prelaunch apartment is Prestige Raintree Park.