Pre-Launch Watch
Prestige Olive Oak in Chikkajala: Pre-Launch Plotted Villas on Bellary Road
Prestige Olive Oak, a gated development of about 600 freehold villa plots in Chikkajala off Bellary Road, North Bengaluru, is in its pre-launch stage with expression-of-interest bookings open. As of 3 November 2026, the project's latest dated update gives a launch in the second week of November 2026.
| Developer | Prestige Estates Projects Limited (brand: Prestige Group) |
|---|---|
| Location | Chikkajala, off Bellary Road (NH-44), Yelahanka taluk, Bengaluru Urban district, Karnataka 562157 |
| Product | Gated plotted development, about 600 freehold villa plots on 30+ acres |
| Plot sizes | 1,200 to 2,400 sq ft (30 x 40 ft to 40 x 60 ft) |
| EOI price | Rs 10,000 per sq ft against a regular rate of about Rs 11,500 per sq ft (listed as of 24 October 2026) |
| Status | Pre-launch; EOI open; launch scheduled for the second week of November 2026 per the latest dated update |
| RERA | Karnataka RERA application dated July 2026; no registration number published as of 3 November 2026 |
| Developer possession target | December 2029 for developed plots |
Where the project stands
Prestige Olive Oak is listed as pre-launch. Expression-of-interest bookings have been open since July 2026, and the EOI phase is running at Rs 10,000 per sq ft. The latest dated project update, from 24 October 2026, places the launch in the second week of November 2026. An earlier date of 10 December 2026 appeared on a project microsite but has been superseded by the October updates.
Site photographs dated 24 October 2026 show paver blocks, kerbs and an entrance gate being installed. Development works on roads, utilities and the clubhouse are scheduled to begin after the launch.
Plot sizes and EOI prices
The project offers freehold villa plots in four standard sizes. Prices below are EOI rates as listed on 15 October 2026 and confirmed in the 24 October 2026 update. They exclude GST, stamp duty, registration and other charges.
| Plot size | Dimensions | EOI price from | Regular-rate approximation |
|---|---|---|---|
| 1,200 sq ft | 30 x 40 ft | Rs 1.20 Cr | Rs 1.38 Cr |
| 1,500 sq ft | 30 x 50 ft | Rs 1.50 Cr | Rs 1.73 Cr |
| 2,000 sq ft | 40 x 50 ft | Rs 2.00 Cr | Rs 2.30 Cr |
| 2,400 sq ft | 40 x 60 ft | Rs 2.40 Cr | Rs 2.76 Cr |
Corner, park-facing and wider-road plots are priced separately as premium positions. Odd-sized and corner plots are offered in limited inventory, and their prices are on request.
Payment structure
The advertised plan is development-linked, with ten instalments of about 10% each. The first 10% of the plot price, plus GST, is payable at booking. Later instalments fall due at registration, within 30 days of booking, and at a series of construction stages: the start of road building, boundary wall construction and levelling works, and the completion of the superstructure, internal flooring and internal plumbing. The final 10% is payable at possession.
At the EOI rate, the booking amount works out to Rs 12 lakh for a 1,200 sq ft plot, Rs 15 lakh for 1,500 sq ft, Rs 20 lakh for 2,000 sq ft and Rs 24 lakh for 2,400 sq ft. No fixed cash discount, cashback or free registration offer appears in the current project data.
RERA status
The project is at the application stage with Karnataka RERA. The application is dated July 2026. As of 3 November 2026, no RERA registration number or registration date has been published, so the possession date shown in marketing material is a developer target rather than a registered date.
Some listings describe the project as approved. No registration number has been published to support that wording. An older placeholder page stated that there was no Karnataka RERA registration for a Prestige plotted development at Chikkajala; that page predates the July 2026 application.
Scale, layout and specifications
The site covers 30 acres or more, with about 4.5 acres, roughly 14% of the land, kept as landscaped open space with low ground coverage. The layout is built around a central green with tree-lined avenues. A 15-metre entrance road leads to internal roads of 9 to 15 metres with pedestrian paths. Underground electrical cabling, street lighting, and water and sewage lines are planned to reach every plot. There are two controlled entry and exit points.
The project is described as Mediterranean-themed and low-density. Corner and premium plots are placed along the central green spine. The structure specification for any future homes is not part of the plot sale, so plot-level specifications have not been published.
Proposed amenities
Amenities are listed in marketing material and are indicative. They are described as proposed, not built. The listed items include a clubhouse with a swimming pool, gym, spa, party hall, library and café, plus tennis, badminton and squash courts, cricket practice nets, a jogging and cycling track, a children's play area, a kids' pool and a landscaped central park.
The project plans 24-hour security, RFID boom barriers and CCTV. Its described green features include rainwater harvesting, water treatment and solar panels for common areas. The clubhouse area has not been published.
Location and connectivity
The site is on Bellary Road (NH-44) in Chikkajala, about 12 km by road from Kempegowda International Airport and about 8.6 km from the terminals in a straight line. The city centre at MG Road is about 28 km away, roughly 50 to 60 minutes off-peak.
The Outer Ring Road meets the highway near the site, and the Hebbal Flyover and the Satellite Town Ring Road connect nearby. Manyata Tech Park is reachable by road links from the area. Lifestyle malls including Esteem Mall and Phoenix Mall of Asia lie along the corridor. Yelahanka Junction railway station and Hebbal railway station are nearby.
Some partner material refers to the land as Bettenahalli or Chapparkallu Road, Yelahanka Extension. The Karnataka RERA filing will set out the village name and survey numbers.
Metro and infrastructure along Bellary Road
Phase 2B of Namma Metro's Blue Line, the Airport Line, is planned along Bellary Road from Hebbal to the airport, a stretch of about 27 km. Yelahanka Metro Station is on the Blue Line and will serve the Bellary Road stretch once it opens. As of August 2026, it was still under construction and not open to passengers.
A Chikkajala station was dropped from the current scope after funding shortfalls reported in September 2024 and is now listed as a future station. The nearest planned stations are Doddajala and Bagaluru Cross. Residents should plan for road travel until metro services are operational.
Schools and hospitals nearby
Schools offering CBSE, ICSE, IB and Cambridge curricula are reported within about 10 km of the site. Named schools and hospitals near the project have not been listed in the project material.
Frequently asked questions
Is Prestige Olive Oak open for booking?
Yes. Pre-launch expression-of-interest bookings have been open since July 2026, at Rs 10,000 per sq ft. The latest dated update gives a launch in the second week of November 2026.
What plot sizes are offered?
The project lists freehold villa plots of 1,200, 1,500, 2,000 and 2,400 sq ft, in sizes from 30 x 40 ft to 40 x 60 ft. Odd-sized and corner plots are offered in limited numbers and priced on request.
Is the project registered with RERA?
As of 3 November 2026, the project has an application with Karnataka RERA dated July 2026. No registration number has been published.
When is possession expected?
The developer's target for possession of developed plots is December 2029. This is a developer target and not a RERA-registered possession date.
How far is the project from the airport and the metro?
The site is about 12 km by road from Kempegowda International Airport. The Blue Line Airport Line is planned along Bellary Road, and Yelahanka Metro Station was still under construction as of August 2026.