Prestige Group
Prestige Parklane
₹56 L – ₹1.92 Cr
- AR Realty score
- 3.5 / 5
- Our independent rating
- Price / sq ft
- ₹9,135
- Within the local average
- Possession
- December 2030
- Nearest metro
- 21.1 km
- KIAL Terminals · due 2027–28
Builder
Prestige Group
Config
1 BHK, 2 BHK, 3 BHK
RERA
PRM/KA/RERA/1251/309/PR/150926/008941
Possession
December 2030
Independent Advisor View
AR Realty's Take
A Prestige-built project inside the Devanahalli aerospace belt, from about ₹56 lakh (before GST) for a 1 BHK. It suits people who work at the airport, the aerospace park or the Foxconn belt, and investors happy to wait until 2031 — not anyone commuting to Hebbal or the city every day.
Facts verified Sept 2026What we like
- Prestige brand at an entry price: 1 BHK from about ₹56 lakh and 2 BHK from about ₹82 lakh (base, including a car park).
- A job-led location — the airport, KIADB aerospace campuses and Foxconn's plant are all nearby.
- The STRR is close by, and its Dobbaspet–Devanahalli–Hoskote stretch has been open since March 2024.
- A 4-acre central park with a 50,000 sq ft clubhouse, pools, padel and pickleball courts.
- Gentle payment plan: 20% by agreement, then 24 instalments of 3.2% every two months until October 2030.
What to consider
- Carpet is only 57–62% of the quoted super built-up size — a 567 sq ft 1 BHK has 322 sq ft of carpet (363 with the balcony). Per sq ft of carpet, starting prices are about ₹14,700–17,400.
- About 150 homes per acre (1,788 homes on 11.91 acres) — denser than most projects we cover.
- Far from the city: roughly 20 km by road to the airport terminal and 37–38 km to Manyata and Hebbal. The nearest metro, KIAL Terminals, is about 21 km by road and due 2027–28.
- A long wait — RERA completion is December 2030.
- Kitchens come without a counter or wall tiling, and power backup for apartments is charged extra — budget for fit-out.
Best suited for
Airport, aerospace & Foxconn-belt employees
Work is close by, so the long city commute doesn't apply.
First-time buyers who want a Prestige home
1 BHK from ~₹56 L and 2 BHK from ~₹82 L before GST and charges.
Patient investors
Returns depend on the aerospace park and airport city filling up — plan to hold past 2031.
About the Project
Prestige Parklane is a new launch by Prestige Group inside the KIADB Hi-Tech Defence & Aerospace Park (Phase 2) at Devanahalli, close to the Satellite Town Ring Road. It has 1,788 homes in nine towers of 3B+G+24 floors on about 12 acres, arranged in an oval around a 4-acre central park with the clubhouse and pools at its heart.
Homes range from 567 sq ft 1 BHKs to 1,801 sq ft 3 BHKs with three bathrooms (super built-up). Amenities include a 50,000 sq ft clubhouse, main and kids' pools, padel and pickleball courts, a cricket net, a pet garden and a jogging and cycling track. The project was RERA registered in September 2026, with completion due in December 2030.
Pricing
Units & Pricing
Price per sq ft, from
₹9,135
Within the local averageShaded: typical new-launch range in Devanahalli
| Type | Size | Price | ₹ / sq ft |
|---|---|---|---|
| 1 BHK | 567–571 sq ftSuper built-upCarpet 322–323 sq ft | ₹56 L – ₹65 L | ₹9,877₹17,391 carpet |
| 2 BHK | 828–880 sq ftSuper built-upCarpet 483–484 sq ft | ₹82 L – ₹97 L | ₹9,903₹16,977 carpet |
| 2 BHK Large | 1,087–1,103 sq ftSuper built-upCarpet 638–646 sq ft | ₹1.02 Cr – ₹1.14 Cr | ₹9,384₹15,987 carpet |
| 3 BHK 2T | 1,445–1,469 sq ftSuper built-upCarpet 883–896 sq ft | ₹1.32 Cr – ₹1.55 Cr | ₹9,135₹14,949 carpet |
| 3 BHK 3T | 1,597–1,662 sq ftSuper built-upCarpet 994–1,025 sq ft | ₹1.46 Cr – ₹1.67 Cr | ₹9,142₹14,688 carpet |
| 3 BHK 3T Large | 1,757–1,801 sq ftSuper built-upCarpet 1,041–1,078 sq ft | ₹1.64 Cr – ₹1.92 Cr | ₹9,334₹15,754 carpet |
- Land
- 11.91 acres
- Towers
- 9
- Floors
- 3B+G+24
- Homes
- 1,788
- Density
- ~150 homes / acre
- Open space
- ~4-acre central park
Your all-in cost
True Cost & EMI
Unit type
- Base price (agreement value)
- ₹56,00,000
- GST @ 5% (under construction)
- ₹2,80,000
- Stamp duty @ 5% + 12% cess & surcharge
- ₹3,13,600
- Registration fee @ 2%
- ₹1,12,000
- Builder charges at possession (electricity, water, generator, 2-yr maintenance, corpus) incl. GST
- ₹2,84,000
- Estimated all-in cost
- ₹65.9 L
+₹9.9 L on top of the base price (17.7%)
Upfront (own funds)
₹21.1 L
Monthly EMI
₹37,473
Estimate at 2026 Karnataka rates. Stamp duty is charged on the higher of agreement value and government guidance value. Builder charges are from the developer's price sheet for the smallest unit of this type.
Why This Project
- New launch by Prestige – RERA registered September 2026, completion December 2030
- 1, 2 & 3 BHK homes from 567 to 1,801 sq ft (super built-up)
- Nine towers (3B+G+24) around a 4-acre central park and a 50,000 sq ft clubhouse
- Inside the KIADB Hi-Tech Defence & Aerospace Park (Phase 2), Devanahalli
- Close to the Satellite Town Ring Road; Devanahalli town about 10 km by road
Key Highlights
- RERA registered – PRM/KA/RERA/1251/309/PR/150926/008941
Amenities
Legal check
RERA & Possession Check
Prestige Parklane
PRM/KA/RERA/1251/309/PR/150926/008941
RERA completion: 31 Dec 2030 · New launch · Sep 2026
| Phase | RERA number | RERA completion | Status |
|---|---|---|---|
| Prestige Parklane | PRM/KA/RERA/1251/309/PR/150926/008941 | 31 Dec 2030 | New launch · Sep 2026 |
Marketed possession: December 2030
Location
Getting Around Devanahalli
Nearest metro
KIAL Terminals
Blue Line (airport line) · due 2027–28
21.1km
Also nearby
Airport City
Blue Line (airport line) · due 2027–28
21.7km
Drive distances
- Devanahalli town9.7 km · ~10 min off-peak
- Kempegowda Intl. Airport19.9 km · ~22 min off-peak
- Manyata Tech Park37.1 km · ~39 min off-peak
- Hebbal flyover38.1 km · ~38 min off-peak
- MG Road (CBD)46.9 km · ~41 min off-peak
Road distances with off-peak routing. Bengaluru's rush hour averages ~14 km/h (TomTom Traffic Index 2025), so allow 2–3× on city routes.
Schools
- Brigade Orchard School5.2 km
- Akash International School6.7 km
Hospitals
- Government Hospital, Sulibele4.7 km
- Government Hospital, Devanahalli6.5 km
Shopping
- The Arcade (Brigade Orchards)5.4 km
Colleges
- Chanakya University1.7 km
Straight-line distances from OpenStreetMap.
Floor Plans

About Prestige Group
Prestige Group is one of South India's leading real estate developers, founded in 1986 and headquartered in Bangalore. With over 250 completed projects spanning 140+ million sq ft across residential, commercial, retail, and hospitality segments, Prestige is known for timely delivery, quality construction, and landmark township developments. The group is listed on BSE & NSE and holds a strong CRISIL rating.
Visit Prestige Group →Buyer questions
Prestige Parklane: Buyer FAQs
Prestige's launch price list gives base prices (including one car park) from about ₹56 lakh for a 1 BHK to ₹1.92 Cr for the largest 3 BHK. On top come 5% GST, builder charges at possession (about ₹2.8–8.2 lakh including GST, for electricity and water connections, generator, two years' maintenance and the corpus), stamp duty and 2% registration. The calculator on this page adds these up line by line.
Sources · checked 29 Sept 2026
- Prestige Parklane fact sheet & launch price list (valid till 27 Sep 2026)
- Prestige Parklane brochure (specifications, floor plans)
- K-RERA registration – MENAFN, 19 Sep 2026
- Launch announcement – Business Standard
- Satellite Town Ring Road (Wikipedia)
- Namma Metro Blue Line (Wikipedia)
- Devanahalli property rates – Square Yards
- Road distances: OpenStreetMap / OSRM
- TomTom Traffic Index – Bengaluru
Prices, sizes and dates change — confirm the latest with us before you decide.
Prestige Group
Prestige Parklane
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How It Compares
Starting prices and ₹/sq ft from builder-published figures, ranked cheapest first. Ask us for a like-for-like carpet-area comparison.
| Project | Area | From | ₹ / sq ft | Possession | Homes / acre |
|---|---|---|---|---|---|
| Prestige ParklanePrestige Group· This project | Devanahalli | ₹56 L – ₹1.92 Cr | ₹9,135 | December 2030 | ~150 |
| Sobha Dream GardensSobha Limited | Thanisandra | ₹95 L onwards | ₹9,462 | December 2028 | ~105 |
| Purva Zenium 2Puravankara | Airport Road – Hosahalli | ₹1.01 Cr onwards | ₹9,674 | June 2027 | — |
| Alpine Pyramid IrisAlpine Housing | Sahakara Nagar | ₹1.16 Cr onwards | ₹10,943 | Q2 2028 (builder target) | — |
| Purva AtmospherePuravankara | Thanisandra | ₹2.8 Cr onwards | ₹16,667 | Ready to move (OC received Dec 2025) | ~78 |
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