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Prestige Parklane in Devanahalli: Price, Possession Date

In brief

Prestige Parklane in Devanahalli, Bengaluru:

Developer: Prestige Group

  • Total units1788 units
  • Towers9 Towers
  • Registered on15 Sept 2026

Facts verified Raaghav Valekar profile photoRaaghav Valekar19 min read

Key takeaways

  • Prestige Parklane is a nine-tower apartment project in KIADB Hitech Defence and Aerospace Park Phase 2, Devanahalli, promoted by Apex Realty Management Private Limited under the Prestige Group name.
  • Karnataka RERA approved it on 15 September 2026 under PRM/​KA/​RERA/​1251/​309/​PR/​150926/​008941 and records completion by 31 December 2030. It has 1,788 homes: 858 1 BHK, 391 2 BHK and 539 3 BHK, with super built-up areas of 567 to 1,801 sq ft.
  • Prestige's website shows Rs 65 lakh onwards, marked with an asterisk, and does not say which home or what the figure includes.
  • BestProp estimates Rs 65 lakh to Rs 2.23 crore across the home types (estimate of 23 October 2026, low confidence, not a developer or RERA figure).
  • In the RERA quarterly update submitted on 15 October 2026, the promoter reported 1,125 of the 1,788 homes booked; K-RERA does not define booked, and the same update shows Rs 43.4 crore of advances collected, so the figure probably counts advance bookings.

Project at a glance

City

Bangalore

Project type

Apartments

Project Status

New Project Launch

Project approved by

Karnataka Industrial Areas Development Board (KIADB), plan DO3-​KIADB-​00128/​26-​27/​BP approved on 13 August 2026

Total Land Area

11.91 Acres (K-RERA land details: 11 acres 36 guntas; Prestige's website says 11.76 acres)

Address

Devanahalli, Bengaluru Urban

No of Floors

3 Basements + Ground + 24 Floors in each tower

Nearest landmark

Kempegowda International Airport Bengaluru, Devanahalli town and Nallur toll plaza

Expected Launch Date

01 October 2026 (project start per K-RERA; the date has passed)

Developer Track Record

Prestige Group says on its website that it has completed 300+ projects covering 200+ million sq ft (the developer's own statement, not checked by BestProp). K-RERA lists no previous projects for the promoter company, Apex Realty Management Private Limited, which gives Prestige Falcon Towers, Brunton Road, Bengaluru as its address

Possession Date

31 December 2030

Amenities

Central Landscape, Swimming Pool, Kids' Pool, Clubhouse, Indoor Sports Facilities, Pickleball Court, Padel Court, Cricket Practice Nets, Multipurpose Court, Outdoor Gyms, Jogging Track, Dedicated Kids Play Area, Party Lawn, Pet Park, Vegetation Garden, Surface Parking

Parking / Utilities

K-RERA: 1,780 covered and 130 open parking spacesborewell as the water sourcesewage treatment plant listed as applicable