Prestige Parklane Launch Date

Featured Image of Prestige Parklane Launch Date


The Prestige Parklane launch date is 25 September 2026. On launch day the developer released tower-wise price sheets for all nine towers, opened the survey form for allotment at 5 PM, and moved the project from expression of interest to live booking. Karnataka RERA had already registered it ten days earlier, on 15 September 2026, under PRM/KA/RERA/1251/309/PR/150926/008941.

This is the date that turns interest into a purchase. Prices are now public, unit plans are available for all 37 layouts, and allotment follows the survey form. Homes start at ₹56 lakh for a 567 sq ft 1 BHK and run to ₹1.92 crore for an 1,801 sq ft 3 BHK, with one car park and the floor rise for the band already included.

Construction begins on 1 October 2026, and the declared completion and possession date is 31 December 2030.

About Prestige Parklane, Devanahalli


Prestige Parklane is a 32.26-acre mixed-use estate at Plot No. 24, KIADB Hi-Tech, Defence and Aerospace Park Phase 2, on the STRR at Devanahalli. Homes occupy 11.90 acres of that master plan, and the remaining 20.36 acres are set aside for the upcoming Prestige Technology and Logistics Hub.

The residential phase holds 1,788 apartments across nine towers, each with three basements, a ground floor and 24 upper floors, rising to 76.55 m. Flats range from 567 sq ft to 1,801 sq ft saleable, with RERA carpet areas of 322 sq ft to 1,078 sq ft, so the mix covers compact 1 BHK homes through to large three-bedroom apartments.

Larsen & Toubro is the contractor, and the promoter of record is Apex Realty Management Private Limited, a Prestige Group company. A 50,000 sq ft clubhouse with over 50 amenities sits at the centre of the campus, beside the main swimming pool and a landscaped park.

Prestige Parklane Launch Update 2026


The project has moved through three stages this month. The expression of interest opened on 15 September 2026, the same day RERA registration was granted, letting early buyers register their interest before prices existed.

The launch on 25 September 2026 released the price sheets and opened allotment. The survey form for allotment opened at 5 PM on the same day, and bookings follow from it, starting at 10 per cent of the price plus GST.

The next visible milestone is on site. Construction starts on 1 October 2026, after which the promoter must file quarterly progress updates with Karnataka RERA, certified by the project engineer and architect.

Why the 25 September 2026 Launch Date Matters


Before a launch, a project is a plan with a waiting list, and nothing can lawfully be sold until it is registered. After a launch, the buyer can see the price of a specific flat on a specific floor of a specific tower, and can check every claim against a public filing.

That shift matters most for the documents. RERA registration came before the launch, not after it, so the land title, the sanctioned plan, the unit count and the completion date were all on record before the first cheque.

Timing also affects choice. Early buyers pick from the full inventory across all nine towers, including the park-facing lines and the floor bands that tend to sell first.

Prestige Parklane Launch Timeline


Milestone Details and dates
E-Khata issued 16 July 2025, for the Phase 1 land
Building plan approved 13 August 2026, by KIADB, reference DO3-KIADB-00128/26-27/BP
RERA application acknowledged 21 August 2026
RERA registration granted 15 September 2026, PRM/KA/RERA/1251/309/PR/150926/008941
Expression of interest opened 15 September 2026
Launch date 25 September 2026, with tower-wise price sheets released
Survey form for allotment 25 September 2026, from 5 PM
Construction start 1 October 2026, as declared to RERA
First time-linked instalment 10 December 2026
Last time-linked instalment 10 October 2030
Completion and possession 31 December 2030

Launch Prices by Configuration


Configuration Saleable area Starting price
1 BHK Classic 567 – 571 sq ft ₹56 lakh
2 BHK Optima 828 – 880 sq ft ₹82 lakh
2 BHK Ultima 1,087 – 1,103 sq ft ₹1.02 crore
3 BHK Aspire 1,445 – 1,469 sq ft ₹1.32 crore
3 BHK Premia 1,597 – 1,662 sq ft ₹1.46 crore
3 BHK Ultima 1,757 – 1,801 sq ft ₹1.64 crore

Rates work out to ₹9,122 to ₹11,404 per sq ft of saleable area, with GST, stamp duty and registration on top. These are branded high-rise rates, so they sit above the plots and older buildings that make up much of the local market.

What Buyers Can Check Now After Launch


  • The RERA registration, PRM/KA/RERA/1251/309/PR/150926/008941, on rera.karnataka.gov.in.
  • The sanctioned building plan, DO3-KIADB-00128/26-27/BP, approved by KIADB on 13 August 2026.
  • The tower-wise price sheet for the tower and unit line you want.
  • The floor band, since prices are printed for seven bands from the ground floor to floors 21 to 24.
  • The car park type allotted to that unit: Standard, Standard EV or Linked.
  • The other charges for your flat, payable at possession, at saleable area × ₹415 plus ₹25,000.
  • The payment schedule, which runs on fixed dates rather than construction stages.
  • The promoter's filed accounts and the no-litigation affidavit on the RERA record.
  • The declared completion date of 31 December 2030, which is enforceable under RERA.

Where the Project Is: Devanahalli and the Airport Corridor


Devanahalli sits at the northern edge of Bangalore, in Bengaluru Rural district, and it is best known for Kempegowda International Airport and the KIADB aerospace park. Prestige Parklane is inside Phase 2 of that park, so the airport and the aerospace employers are the nearest landmarks of any size.

The Satellite Town Ring Road is 2 km away, about two minutes by car, and it links Hoskote in the east to Doddaballapur in the west. The airport is 20 km away, a drive of 25 to 30 minutes, while Devanahalli town is 8.7 km and Majestic in the city centre is 45 km.

Doddajala station on the Namma Metro Blue Line Phase 2B is under construction, with the airport section targeted for March 2028 and one of the line's two depots planned at Doddajala.

Prestige Parklane Highlights


Feature Detail
Project Prestige Parklane, STRR, Devanahalli, North Bangalore
Launch date 25 September 2026
Developer Prestige Group
Promoter Apex Realty Management Private Limited
Contractor Larsen & Toubro Limited
Architect Ar. J. Mamtha
Address Plot No. 24, KIADB Aerospace Park Phase 2, Devanahalli 562110
Master plan 32.26 acres, with 11.90 acres residential
Enterprise estate 20.36 acres, the upcoming Prestige Technology and Logistics Hub
Towers 9, each 3 basements + ground + 24 floors, 76.55 m tall
Apartments 1,788, across 37 unit types
Configurations 1, 2 and 3 BHK, 567 to 1,801 sq ft saleable
RERA carpet area 322 to 1,078 sq ft
Price ₹56 lakh to ₹1.92 crore
Rate ₹9,122 to ₹11,404 per sq ft
Payment plan Time-linked: 10% + 10%, then 24 instalments of 3.2%
Parking 1,910 bays, one per apartment, included in the price
Clubhouse 50,000 sq ft, with 50+ amenities
RERA number PRM/KA/RERA/1251/309/PR/150926/008941
Construction start 1 October 2026
Possession 31 December 2030

FAQs


1. What is the Prestige Parklane launch date?

Prestige Parklane launched on 25 September 2026, when the developer released tower-wise price sheets for all nine towers and opened the survey form for allotment at 5 PM.

2. Is Prestige Parklane RERA approved?

Yes. Karnataka RERA registered it on 15 September 2026, ten days before the launch, under PRM/KA/RERA/1251/309/PR/150926/008941, valid until 31 December 2030.

3. What is the price of Prestige Parklane after launch?

Prices start at ₹56 lakh for a 567 sq ft 1 BHK and reach ₹1.92 crore for an 1,801 sq ft 3 BHK, which works out to ₹9,122 to ₹11,404 per sq ft.

4. How do I book a flat at Prestige Parklane?

Fill the survey form that opened at launch, then pay 10 per cent plus GST on booking and a further 10 per cent on the agreement, with post-dated cheques within 30 days.

5. When is possession at Prestige Parklane?

The declared completion and intimation of possession date is 31 December 2030, filed with Karnataka RERA, with construction starting on 1 October 2026.

6. Where is Devanahalli in Bangalore?

Devanahalli lies at the northern edge of the city in Bengaluru Rural district, along NH-44, and it holds Kempegowda International Airport and the KIADB aerospace park.

7. Is Devanahalli a good place to invest after this launch?

It suits buyers whose work sits on the airport corridor, and demand here rests on the airport, the aerospace park and the STRR. Judge any project on its RERA filing and its declared completion date rather than on launch-day momentum.

Enquiry
Enquire Now