Pre-Launch Notice
Prestige Parklane Pre-Launch Unveiled in KIADB Phase 2, Devanahalli: 1,788-Unit Aerospace Corridor Development
Prestige Parklane, planned across approximately 12 acres and featuring around 1,788 premium apartments across 9 residential towers, has entered pre-launch marketing in Devanahalli's KIADB Phase 2 aerospace industrial precinct. The underlying land parcel covers 32.26 acres with a proposed built-up area of 3.84 million sq ft and a stated project cost of ₹877 crore.
| Location | KIADB Phase 2, Devanahalli, North Bangalore (near Kempegowda International Airport) |
|---|---|
| Developer | Prestige Group (listed on NSE and BSE) |
| Total Units | Approximately 1,788 apartments in 9 towers |
| Product Mix | 1 BHK, 2 BHK, 3 BHK configurations |
| Indicative Pricing | From ₹70 Lakhs for 1 BHK; final cost sheet pending |
| Land Area | 32.26 acres (13.0552 hectares) |
| Built-Up Area | 3.84 million sq ft (proposed) |
| Indicative Possession | Q1 2031 (not announced by developer; aspirational timeline) |
| RERA Status | Not registered; environmental application filed 11 August 2026 (pre-RERA stage as of September 2026) |
| Expected Launch Window | Q4 2026 or Q1 2027 (no official announcement) |
Project Overview
The residential enclave is planned across approximately 12 acres and features around 1,788 premium apartments with 1 BHK, 2 BHK and 3 BHK apartments across 9 residential towers, arranged around a landscaped central park. The project is designed around a walk-to-work concept with secure gated community planning, centered on a central landscaped park with a water body, tree-lined internal roads, open lawns, and generous green areas.
Regulatory and Legal Status
Prestige Park Lane KIADB is not registered with Karnataka RERA, and no application for it has been filed. The Karnataka RERA register carries no registration and no pending application under this name, under "Prestige Holland", under "Prestige Battersea", or under Apex Realty Management Private Limited. On 11 August 2026 the developer lodged an environmental application — a Proposed Residential & Commercial Development named Prestige Holland & Battersea, submitted by Apex Realty Management Private Limited, a Prestige Group special purpose vehicle.
The environmental application was submitted only on 11 August 2026 and remains under examination at Fresh Terms of Reference stage, so a registration number is realistically a year or more away. Section 3 of the Real Estate (Regulation and Development) Act 2016 bars a scheme this size from being marketed, booked or sold ahead of registration, which means no booking amount, allotment letter or agreement to sell can be executed here today.
Amenities and Layout
The developer plans over 50 lifestyle amenities: a 50,000 sq. ft. clubhouse, swimming pool, kids' pool, gymnasium, mini-theatre, yoga deck, meditation zone, spa and wellness room, amphitheatre, multisports court, cycling track, jogging track, indoor games room, and dedicated play areas. Apartments are designed for natural light and ventilation, with Vastu-led planning for family comfort.
Pricing and Product Configuration
The indicative starting price is ₹70 Lakhs onwards. The final price list is expected to be announced closer to launch. The project offers 1, 2 and 3 BHK apartments, making it suitable for young professionals, families and investors.
Final pricing will depend on carpet area, tower, facing, and add-ons. Comparable Prestige projects in North Bangalore see 2 BHK prices at ₹90 Lakhs–₹1.50 Cr and 3 BHK at ₹1.30 Cr–₹2 Cr.
Employment and Connectivity Context
Prestige Parklane sits within the KIADB Defence & Aerospace ecosystem, placing residents near defence manufacturing, aerospace suppliers, and MRO (Maintenance, Repair, Overhaul) employment clusters. The project benefits from connectivity towards NH 44, Bangalore International Airport and the upcoming Devanahalli Metro.
The Satellite Town Ring Road (NH-648) carriageway is 3.32 km away by road and its Dabaspete–Devanahalli–Hoskote section has been open since 11 March 2024 — delivered infrastructure, not promised.
Possession Timeline
The project indicates a Q3 2026 launch and Q1 2031 possession, both marked tentative at source and neither announced by the developer. Given that the environmental application was submitted only on 11 August 2026 and remains at Terms of Reference stage, with no clearance granted and no RERA registration filed, those dates should be treated as aspirational. Possession is likely December 2029 to 2030, aligned with Prestige's broader Devanahalli timeline.
Pre-Launch and Launch Timeline
Prestige Parklane is in pre-launch phase as of August 2026. RERA registration is pending. No official launch date, possession timeline, or final cost sheet has been announced. Pre-launch interest registration is ongoing; formal bookings typically open 2–4 months after RERA filing. Expected launch window is Q4 2026 or Q1 2027, but no guarantee.
Frequently asked questions
What is the current status of Prestige Parklane as of September 2026?
The project is in pre-launch phase as of August 2026, with RERA registration pending. The environmental application was submitted on 11 August 2026 and remains under examination at Fresh Terms of Reference stage.
Can I book or register interest in Prestige Parklane now?
Section 3 of the Real Estate (Regulation and Development) Act 2016 bars a scheme this size from being marketed, booked or sold ahead of registration, which means no booking amount, allotment letter or agreement to sell can be executed here today. Pre-launch interest registration may be available; verify current status with the developer.
When is the project expected to officially launch?
Prestige has not announced an official launch date as of August 2026. Expected launch window is Q4 2026 or Q1 2027, but no guarantee.
What is the expected possession timeline?
The project indicates Q1 2031 possession, marked tentative at source and not announced by the developer, and should be treated as aspirational. Possession is likely December 2029 to 2030, aligned with Prestige's broader Devanahalli timeline.
Who is the developer, and what is their track record?
Prestige Estates Projects Limited, founded in 1986 and listed on the NSE and BSE, closed FY26 with record pre sales, which gives this pre launch a financially strong sponsor through the construction cycle.
What makes the Devanahalli location attractive?
Devanahalli has developed into an important residential and business corridor because of its airport connectivity, employment zones and infrastructure growth. The location can be convenient for people who travel frequently towards the airport or work in North Bangalore. The project benefits from connectivity towards NH 44, Bangalore International Airport and the upcoming Devanahalli Metro.