Prestige Parklane Current Project Status

Featured Image of Prestige Parklane Current Project Status


The current project status of Prestige Parklane is in its site preparation stage. The 11.90-acre Phase 1 land is demarcated and fenced, the KIADB approach roads are complete, and the experience centre is being built. Tower construction begins on 1 October 2026, the date declared to Karnataka RERA. Site photographs from 14 July and 29 August 2026 show this progress.

What is Happening at the Site Right Now?


  • Land parcel secured: the 11.90-acre Phase 1 land at Plot No. 24 is demarcated and fenced.
  • Access roads complete: the KIADB approach and arterial roads have a concrete carriageway, street lighting and a planted median.
  • Experience centre under construction: the pavilion is taking shape, the forecourt slab is cast and kerbed, and landscaping is under way.
  • Site services being installed: power backup, water storage and service ducting.
  • Towers not yet started: work on the nine towers begins on 1 October 2026.

What the Site Photos Show


The photographs of 14 July and 29 August 2026 record steady groundwork rather than tower building, with the boundary in place and the internal approach ready for heavy vehicles.

Roads are the most useful detail in those images, because a concrete carriageway with lighting and a planted median is infrastructure that already exists rather than a render.

Key Dates for Your Calendar

  • 13 August 2026: KIADB approved the building plan, DO3-KIADB-00128/26-27/BP.
  • 15 September 2026: Karnataka RERA registration granted.
  • 25 September 2026: project launch, with the price sheets released.
  • 1 October 2026: tower construction starts.
  • 10 December 2026: first time-linked instalment falls due.
  • 31 December 2030: proposed completion and intimation of possession.

What Comes Next on Site


The first major stage is the basements, and since each tower has three levels below ground, excavation and foundation work take up the early months.

Tower work follows next, rising to 76.55 m across a ground floor with 24 upper floors, with the 19th floor of every tower set aside as a refuge floor on the approved plans. Larsen & Toubro is the contractor for the build.

Why Tracking the Progress Matters


  • Payments follow dates, not stages: instalments fall due on fixed dates, so progress is worth watching.
  • RERA requires updates: the promoter files quarterly progress reports with the authority.
  • Professionals certify progress: the engineer signs Form 3 and the architect Form 2.
  • Your handover depends on it: possession is declared for 31 December 2030.

How to Check the Status Yourself


Search the RERA number PRM/KA/RERA/1251/309/PR/150926/008941 on rera.karnataka.gov.in, where the project page carries the approvals, the declared dates and the quarterly updates.

A site visit adds what the portal cannot show, and the address is Plot No. 24, KIADB Hi-Tech, Defence and Aerospace Park Phase 2, on the STRR at Devanahalli, 2 km from the ring road.

What Will the Final Project Look Like?


  • Nine towers with 1,788 homes, each tower three basements plus ground plus 24 floors.
  • A 50,000 sq ft clubhouse which has over 50 amenities, beside the main swimming pool.
  • A landscaped central park with a water body, with the towers arcing around it.
  • An enterprise estate of 20.36 acres on the western side, planned as the Prestige Technology and Logistics Hub.

FAQs


1. What is the current status of Prestige Parklane?

The project is in site preparation. The land is fenced, the approach roads are complete, the experience centre is being built and site services are being installed.

2. Has tower construction started?

Not yet. Tower construction begins on 1 October 2026, the start date declared to Karnataka RERA.

3. Is Prestige Parklane RERA approved?

Yes. It was registered on 15 September 2026 under PRM/KA/RERA/1251/309/PR/150926/008941, valid till 31 December 2030.

4. Who is building Prestige Parklane?

Larsen & Toubro Limited is the contractor. The developer is the Prestige Group, and the promoter is Apex Realty Management Private Limited.

5. When is possession?

31 December 2030, the proposed completion and intimation of possession date on the RERA filing.

6. How often are progress updates published?

The promoter must file an update with Karnataka RERA every quarter, within 15 days of the quarter ending.

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