The Prestige Parklane project schedule runs from a building plan approved on 13 August 2026 to a declared completion on 31 December 2030. Construction starts on 1 October 2026, and the payment schedule runs alongside it on fixed calendar dates, beginning with the first instalment on 10 December 2026.
| Date | Milestone |
| 16 July 2025 | E-Khata issued for the Phase 1 land |
| 13 August 2026 | Building plan approved by KIADB, DO3-KIADB-00128/26-27/BP |
| 21 August 2026 | RERA application acknowledged |
| 15 September 2026 | Karnataka RERA registration granted, and the EOI opened |
| 25 September 2026 | Project launch, with tower-wise price sheets released |
| 1 October 2026 | Construction start, as declared to RERA |
| 10 December 2026 | First time-linked instalment falls due |
| 10 October 2030 | Last of the 24 instalments |
| 31 December 2030 | Proposed completion and intimation of possession |
The order of the early dates matters more than it might appear. KIADB approved the building plan on 13 August 2026, and Karnataka RERA granted registration on 15 September, both before any price was published.
That sequence means buyers at launch had the land title, the sanctioned plan, the unit count and the completion date on public record before committing money. It is the opposite of a project sold on a plan that has yet to be approved.
Work begins on 1 October 2026 and runs to a declared completion of 31 December 2030, which is just over four years. The early months go into the ground, because each of the nine towers has three basement levels beneath it.
Above ground, the towers rise to 76.55 m across a ground floor and 24 upper floors, with the 19th floor of each set aside as a refuge floor. Larsen & Toubro is the contractor for the build.
The payment plan is time-linked rather than construction-linked, so instalments fall on fixed dates regardless of the stage on site.
| Stage | Payment | When |
| Booking | 10% + GST | On booking |
| Agreement | 10% + GST | On signing the agreement for sale |
| Instalments 1 to 24 | 3.2% + GST each | Every two months, 10 December 2026 to 10 October 2030 |
| Possession | 3.2% + GST | On intimation of possession, 31 December 2030 |
| Other charges | 100% + GST | On intimation of possession |
Plan cash flow around those dates rather than around site progress, since the two are deliberately separate in this project.
Once construction starts, the promoter must file a progress update with Karnataka RERA within 15 days of each quarter ending. The project engineer certifies progress in Form 3 and the architect in Form 2, which makes those filings the most reliable public record of where the build has reached.
For buyers, that turns a four-year wait into something you can check four times a year, rather than relying on a sales update or a site photograph shared on a group chat.
The land at Plot No. 24 is demarcated and fenced, the KIADB approach and arterial roads are complete with carriageway, lighting and a planted median, and site services are being installed. The experience centre and model flat are under construction, while tower work begins on 1 October 2026.
Two dates carry legal weight: the construction start of 1 October 2026 and the completion of 31 December 2030, both declared to Karnataka RERA. If possession runs past the second, the Act requires the developer to pay interest to buyers for every month of delay.
The rest of the schedule is about your own planning, from the first instalment in December 2026 to the possession charges that fall due at the end.
On 1 October 2026, the start date declared to Karnataka RERA, giving a build of just over four years.
31 December 2030, filed as both the proposed completion and the date of intimation of possession.
The first time-linked instalment falls on 10 December 2026, and the last on 10 October 2030.
No, it runs on fixed calendar dates, so instalments fall due whatever stage the site has reached.
Every quarter, within 15 days of the quarter ending, with the engineer and architect certifying progress in RERA Forms 3 and 2.
Yes. KIADB approved the plan on 13 August 2026 and RERA registration followed on 15 September, ahead of the 25 September launch.
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