Launched · KIADB Aerospace Park, Devanahalli, North Bengaluru · 11.76-acre, 1,788-home community

Prestige Parklane

Prestige Parklane is a 9-tower, 1,788-home apartment project by the Prestige Group on 11.76 acres at KIADB Aerospace Park Phase-2, Devanahalli, North Bengaluru. It is registered with Karnataka RERA, approved on 15 September 2026, with completion filed for 31 December 2030, and offers 1, 2 and 3 BHK homes from ₹65 lakh.

Aerial view of the Prestige Parklane towers at KIADB Aerospace Park, Devanahalli
1, 2 & 3 BHKApartments on offer
₹65 lakhStarting price
11.76 acres9 towers, 1,788 homes
RERA RegisteredCompletion filed for 31 December 2030

Prestige Parklane overview and highlights

Nine towers and 1,788 homes on 11.76 acres, planned as a horseshoe around a central landscape and clubhouse.

Prestige Parklane is a newly launched high-rise apartment project off the Satellite Town Ring Road at Devanahalli. It was registered two days before this page was last updated, and its construction start is filed for 1 October 2026, so what a buyer is committing to today is a plan, a price list and a schedule rather than a building. For another Bengaluru read, Prestige Park Street helps ground the project story in buyer fit, product type, and the level of document clarity needed before moving ahead.

Land11.76 acres
Towers9, each with 3 basements, ground and 24 floors
Homes1,788
Configurations1 BHK, 2 BHK, 2 BHK Large, 3 BHK 2T, 3 BHK 3T, 3 BHK 3T Large
Starting prices₹65 lakh to ₹1.89 Cr, all-inclusive, excluding registration
RegistrationPRM/KA/RERA/1251/309/PR/150926/008941, approved 15 September 2026
Proposed completion31 December 2030
PromoterApex Realty Management Private Limited, a Prestige Group company
Tower elevation at Prestige Parklane, Devanahalli

The towers and the site

Every tower has the same section: three basement levels, a ground floor and 24 upper floors, standing 76.55 metres tall. The towers are laid out in a horseshoe, Towers 1 to 4 along the northern arc and Towers 5 to 9 along the southern arc, with the clubhouse and the main pool in the landscape between them. Buildings cover under a fifth of the registered land, and the developer describes three-quarters of the campus as green space. Readers considering Prestige Parklane can also compare Prestige Crystal Lawns, which sets out registered plot options on IVC Road in Singarahalli, Devanahalli.

At 1,788 homes on 11.76 acres the project works out at about 152 homes an acre. That is dense, and it is what makes the entry price possible.

A project weighted towards the one-bedroom home

The registered mix is 858 one-bedroom homes, 391 two-bedroom and 539 three-bedroom. There are no four-bedroom homes. Towers 5, 6 and 8 hold nothing but one-bedroom homes, 783 of them, while Towers 1 to 3 are almost entirely three-bedroom. Knowing which tower a configuration sits in tells you a good deal about who your neighbours will be and how busy the lifts will be.

Prestige Parklane location - KIADB Aerospace Park Phase-2, Devanahalli

An industrial-estate address beside the Satellite Town Ring Road, about six kilometres from Terminal 1 in a straight line and about 19 by road.

Prestige Parklane sits on Plot No. 24 of the KIADB Hi-Tech Defence and Aerospace Park Phase-2 at Devanahalli, PIN 562110, in the district now called Bengaluru North.

Registered addressPlot No. 24, Hi-Tech Defence and Aerospace Park Phase-2, Devanahalli, Bengaluru North 562110
Frontage45 m-wide Road 5 on the west, where the main entry is; 18 m-wide Road 9 on the south
Satellite Town Ring Road (NH-648)About 3.3 km by road to join it
Kempegowda International Airport, Terminal 1About 19 km by road, about 6 km in a straight line
Devanahalli town centreAbout 9.2 km
Nearest metro stationKIAL Terminals, under construction, about 18 km
Location map of Prestige Parklane at KIADB Aerospace Park Phase-2, Devanahalli

The airport is close, the terminal is not

The airport has no eastern gate, so every drive to a terminal goes around the airfield. Budget about 26 minutes off-peak and about 40 at the morning peak. The site also lies close to the approach path of the northern runway, about 4.7 km beyond its eastern end, so aircraft approaching from the east pass close by at roughly 250 metres.

Work nearby, city far away

The nearest employers are the Phase-2 industrial occupiers: Exide's lithium-ion cell plant at about 2.5 km, Carl Zeiss at about 2.9 km and IFFCO's Nano Urea plant at about 3.6 km, with Brigade's KIADB township about 1.4 km away. The same approved KIADB layout that holds Prestige Parklane also carries data-centre, warehouse and manufacturing blocks. ITPL Whitefield is about 35 km away and MG Road about 45 km, so this is not an address for a daily commute into the city.

The registration - what it covers

Registered on 15 September 2026, with completion filed for 31 December 2030.

Prestige Parklane is registered with the Karnataka Real Estate Regulatory Authority under PRM/KA/RERA/1251/309/PR/150926/008941. The promoter is Apex Realty Management Private Limited, a Prestige Group company at the Prestige head office on Brunton Road, which owns the land outright. There is no joint development agreement and no landowner share, and no litigation is declared on the land. Larsen & Toubro is the main contractor.

Registration detailValue
Registered namePrestige Parklane
Registration numberPRM/KA/RERA/1251/309/PR/150926/008941
Approved15 September 2026
PromoterApex Realty Management Private Limited
Registered project start1 October 2026
Proposed completion31 December 2030
Building plansApproved by KIADB on 13 August 2026
Environmental clearanceNot yet issued as at 17 September 2026

Environmental clearance for the wider development had not been issued as at 17 September 2026; the terms of reference for its environmental study were approved on 10 September 2026. It is worth asking the sales team where that clearance stands before you pay beyond the booking amount.

Prestige Parklane floor plans - six configurations, 1 to 3 BHK

From the 567 sq ft 1 BHK to the 1,801 sq ft 3 BHK 3T Large, on the developer's sale-area basis.

The developer sells six configurations. The sizes on its price list are sale areas, which include a share of the common areas; the registered carpet area of each home is much smaller, and it is the number your agreement will carry.

ConfigurationHomesSale areaRegistered carpet area
1 BHK857567 – 571 sq ft322 – 323 sq ft
2 BHK195828 – 880 sq ft483 – 484 sq ft
2 BHK Large1931,087 – 1,103 sq ft638 – 646 sq ft
3 BHK 2T2451,445 – 1,469 sq ft883 – 896 sq ft
3 BHK 3T1441,597 – 1,662 sq ft994 – 1,025 sq ft
3 BHK 3T Large1501,757 – 1,801 sq ft1,041 – 1,078 sq ft

Carpet is between 55% and 62% of the sale area across the six bands, and the one-bedroom home is the most heavily loaded of them: 323 of its 567 sq ft is carpet. Compare homes on carpet area, and ask for the carpet area of the exact unit you are offered. Four one-off homes on the 19th floors of Towers 1 to 4 sit outside these bands and carry no published price.

Illustrative one-bedroom apartment layout at Prestige Parklane

1 BHK

Illustrative layout

Illustrative two-bedroom apartment layout at Prestige Parklane

2 BHK

Illustrative layout

Illustrative three-bedroom apartment layout at Prestige Parklane

3 BHK

Illustrative layout

Illustrative master plan of Prestige Parklane, Devanahalli

Prestige Parklane master plan - nine towers around a central landscape

A horseshoe of towers, the clubhouse at its centre, the main entry on the west road.

The master plan wraps the nine towers around a single central landscape. The clubhouse, the main pool, the kids' pool and the play areas sit in the middle; the sports courts, the cricket practice net, the pet garden and the viewing deck sit around the edges; the service entry, surface parking and services line the southern boundary. Parking is below ground, across three basement levels, with one car space allotted per home.

TowerHomesWhat it holds
Towers 1, 2 and 3148 each3 BHK 2T, 3 BHK 3T and 3 BHK 3T Large
Tower 41483 BHK 2T and 2 BHK Large
Towers 5, 6 and 8247, 267 and 2691 BHK only
Tower 72452 BHK and 1 BHK
Tower 91682 BHK Large and 2 BHK

Prestige Parklane is part of a larger KIADB plot, and the approved layout for that plot also carries three data-centre buildings, a warehouse, a manufacturing block and a utility block. Ask which of those your tower will face.

Prestige Parklane amenities - a clubhouse inside a central landscape

Pools, courts and lawns around a central clubhouse, with the services a 1,788-home community needs.

The amenity programme is built around the central landscape and the clubhouse. The developer has not published a clubhouse floor area.

Water and play

A main pool, a kids' pool, a kids' play area and a party lawn at the heart of the landscape.

Sport

A cricket practice net, a multi-court, a padel court, a pickleball court, an outdoor gym, a jogging track, a gym and indoor sports in the clubhouse.

Community

A community hall, a gathering arena, tower courtyards, a vegetable garden, a pet garden and a viewing deck.

Services

Rainwater harvesting, a sewage treatment plant, generator backup for common areas, CCTV at the main entry and exit points and security cabins at every entrance.

Prestige Parklane price - from ₹65 lakh

The developer's starting prices, all-inclusive and excluding registration, as at 17 September 2026.
ConfigurationSale areaStarting price
1 BHK567 – 571 sq ft₹65 lakh
2 BHK828 – 880 sq ft₹90 lakh
2 BHK Large1,087 – 1,103 sq ft₹1.15 Cr
3 BHK 2T1,445 – 1,469 sq ft₹1.50 Cr
3 BHK 3T1,597 – 1,662 sq ft₹1.69 Cr
3 BHK 3T Large1,757 – 1,801 sq ft₹1.89 Cr

The developer calls these prices all-inclusive but excludes registration. Two further sets of costs sit outside them. Charges collected at possession for electricity, water, the generator, two years of advance maintenance and the corpus come to about ₹448 per sq ft including GST, plus an assessment charge of ₹25,000 and GST; on the smallest 1 BHK that is about ₹2.8 lakh. Stamp duty, cess, surcharge and the 2% registration fee add about 7.65% of the sale-deed value, so up to about ₹5 lakh on a ₹65 lakh home.

Divided by the smallest size in each band, the starting prices work out to about ₹10,400 to ₹11,500 per sq ft of sale area, and about ₹17,000 to ₹20,200 per sq ft of carpet. That arithmetic is ours, and the smallest homes carry the highest rate.

The payment plan - time-linked, not construction-linked

10% at booking, 10% at the agreement, then 3.2% every two months from December 2026.

The developer's payment plan runs on the calendar. After 10% at booking and 10% at the agreement, 24 instalments of 3.2% fall due every two months on the 10th, from 10 December 2026 to 10 October 2030, and the last 3.2% is due when possession is offered, along with the possession charges.

Point in the planPaid by then
Agreement signed20%
10 February 2028, when the tower frames are scheduled to start45.6%
10 June 202852.0%
10 October 2029, when the frames are scheduled to be complete77.6%
10 October 203096.8%

A time-linked plan is common and legal, but it means your payments do not wait for the building. If construction runs behind the registered schedule, you will have paid more of the price for less of the home. Weigh that before you choose this plan, and ask whether a construction-linked alternative is offered.

Prestige Parklane reviews and market read

A Prestige address at a ₹65 lakh entry price, with the trade-offs that come with it.

What works

A Prestige Group project with a published price list, registered completion date, main contractor and payment schedule on day one, the land owned outright by the promoter, and a starting price of ₹65 lakh with major employers a few kilometres away.

What weighs against

A dense plan at about 152 homes an acre, nearly half of it one-bedroom homes, carpet areas well under two-thirds of the quoted sizes, a time-linked payment plan, an industrial-estate setting with data-centre and manufacturing neighbours, aircraft on the approach overhead, and daily needs that are all a drive away.

What is still open

Environmental clearance for the wider development was not yet issued at 17 September 2026, no clubhouse area is published, and nothing has been built. Every judgement about construction quality has to wait for the first slabs.

Prestige Group - the developer behind Prestige Parklane

A Prestige Group company is the promoter; the listed parent sells the project.

Prestige Parklane is promoted by Apex Realty Management Private Limited, a Prestige Group company registered at Prestige Falcon Towers on Brunton Road, the Prestige head office. It is the company named on the registration and it will be the company named on your agreement for sale, and Prestige Parklane is its first registered project. The Prestige Group itself, through the listed Prestige Estates Projects Ltd, has delivered 316-plus projects and more than 212 million sq ft since 1986. Read who signs your agreement, and ask how the parent stands behind the promoter company.

Prestige Parklane FAQ - buyer questions answered

The registration, the homes, the price and the payment plan.

Prestige Parklane is a Prestige Group apartment project of 9 towers and 1,788 homes on 11.76 acres at KIADB Aerospace Park Phase-2, Devanahalli. It is registered with Karnataka RERA under PRM/KA/RERA/1251/309/PR/150926/008941, approved on 15 September 2026, with completion filed for 31 December 2030.

PRM/KA/RERA/1251/309/PR/150926/008941, approved by the Karnataka Real Estate Regulatory Authority on 15 September 2026. Verify it at rera.karnataka.gov.in and confirm that the promoter reads Apex Realty Management Private Limited and the completion date reads 31 December 2030 before you pay anything.

The Prestige Group. The promoter named on the registration is Apex Realty Management Private Limited, a Prestige Group company at the Prestige head office in Bengaluru, and the listed Prestige Estates Projects Ltd markets the project.

On Plot No. 24 of the KIADB Hi-Tech Defence and Aerospace Park Phase-2 at Devanahalli, PIN 562110, with its main entry on the 45 m-wide Road 5. The Satellite Town Ring Road is about 3.3 km away by road and Devanahalli town about 9.2 km.

About 6 km in a straight line but about 19 km by road to Terminal 1, because the airport has no eastern gate. Budget about 26 minutes off-peak and about 40 minutes at the morning peak.

₹65 lakh for a 1 BHK of 567 to 571 sq ft, the developer's all-inclusive starting price excluding registration, as at 17 September 2026. The 3 BHK 3T Large starts at ₹1.89 Cr.

Six: 1 BHK (567 to 571 sq ft), 2 BHK (828 to 880 sq ft), 2 BHK Large (1,087 to 1,103 sq ft), 3 BHK 2T (1,445 to 1,469 sq ft), 3 BHK 3T (1,597 to 1,662 sq ft) and 3 BHK 3T Large (1,757 to 1,801 sq ft). Those are sale areas. There is no four-bedroom home.

322 to 323 sq ft, against a sale area of 567 to 571 sq ft. Carpet is the figure your agreement for sale will state, so compare homes on it.

BESCOM and BWSSB charges of ₹75 per sq ft each and a generator charge of ₹85 per sq ft, each plus 5% GST; ₹120 per sq ft plus 18% GST as two years of advance maintenance; a ₹60 per sq ft maintenance corpus; and an assessment charge of ₹25,000 plus 18% GST. Confirm on your cost sheet whether the assessment charge is a flat amount.

10% at booking, 10% at the agreement, 24 instalments of 3.2% every two months from 10 December 2026 to 10 October 2030, and the final 3.2% with the possession charges when possession is offered. It is time-linked, so payments fall due on dates rather than construction stages.

The proposed completion date on the registration is 31 December 2030. Construction is filed to start on 1 October 2026, with the tower frames scheduled from February 2028 to October 2029.

Nine towers, each with three basement levels, a ground floor and 24 upper floors, all 76.55 metres tall.

A central clubhouse with a gym and indoor sports, a main pool, a kids' pool, a kids' play area, a party lawn, a gathering arena, a community hall, a cricket practice net, a multi-court, padel and pickleball courts, an outdoor gym, a jogging track, tower courtyards, a vegetable garden, a pet garden and a viewing deck.

Not yet, as at 17 September 2026. The terms of reference for the wider development's environmental study were approved on 10 September 2026, and the clearance itself follows that study. Ask the sales team for the current position before you pay beyond the booking amount.

Enquire about Prestige Parklane

Ask for the cost sheet against a specific unit number, the carpet area of that unit, the tower it sits in and what "all-inclusive" covers, and verify PRM/KA/RERA/1251/309/PR/150926/008941 at rera.karnataka.gov.in before you pay anything.

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