Project Update
Prozone Palms Phase 2 remains upcoming in Coimbatore
Prozone Realty lists Prozone Palms Phase 2 in Coimbatore as a coming-soon residential development beside Prozone Mall. As of October 2026, the company describes high-rise homes, enhanced amenities and green open spaces, but has not published Phase 2 pricing or a possession timeline on its project listing.
| Developer | Prozone Realty |
|---|---|
| Status | Listed as coming soon; no launch date stated on the developer’s page (as of October 2026) |
| Location | Coimbatore, next to Prozone Mall; the developer’s Phase 2 listing does not specify a street address |
| Product described | Modern high-rise residences, with enhanced amenities and green open spaces |
| Existing locality anchor | Prozone Mall operates in Saravanampatti, Coimbatore |
| Project-specific details | The developer’s listing does not give a Phase 2 price band, unit configurations, or possession timeline |
Upcoming status, not a priced launch
Prozone Realty’s official website places Prozone Palms – Phase 2 under its upcoming projects and labels it “Coming Soon.” The project card identifies Coimbatore and describes high-rise residences beside Prozone Mall, with enhanced amenities and green open spaces. The public listing does not state a launch date or give a price sheet, unit mix, or possession schedule. The status remains upcoming as of October 2026.
The company’s description is specific to residences. A separate “102 Downtown” card on the same page carries a mixed-use development description and is identified as an Oshiwara, Mumbai project; those scale and mall figures should not be attributed to Prozone Palms Phase 2.
Location and existing project context
The developer places Phase 2 next to Prozone Mall in Coimbatore. The mall’s own website describes its Coimbatore centre as an operating shopping and entertainment destination. The locality context is therefore anchored by an existing retail centre, rather than a proposed mall component in the Phase 2 description.
Prozone Realty’s November 2024 investor presentation separately reported construction and sales activity for its Coimbatore residential project, including bookings during the quarter. That material concerns the existing Coimbatore residential development and does not establish Phase 2’s specifications, price, approvals, or delivery schedule.
What buyers can assess when details are released
For now, the public project description establishes the developer, city, broad residential product and mall-side location. It does not provide Phase 2-specific apartment configurations, prices, RERA registration details, or a possession date. Any assessment of the eventual offer will depend on those project-specific disclosures and the applicable approvals.
Frequently asked questions
Is Prozone Palms Phase 2 launched?
As of October 2026, Prozone Realty lists it as an upcoming project marked “Coming Soon”; its project page does not state a launch date.
Where is Prozone Palms Phase 2 planned?
The developer identifies Coimbatore and says the residences will be next to Prozone Mall. Its listing does not give a street address for Phase 2.
What type of homes are described?
The developer describes modern high-rise residences with enhanced amenities and green open spaces. It does not give a Phase 2 unit configuration or apartment-size schedule on the project listing.
What are the prices and possession timeline?
The developer’s public Phase 2 listing does not provide a price band or possession timeline.
Is the 18-lakh-sq-ft mixed-use scheme part of Phase 2?
The developer’s page associates that mixed-use description with 102 Downtown in Oshiwara, Mumbai, not with its Coimbatore Phase 2 card.