Prestige Group

Prestige works across almost every kind of real estate. Its portfolio covers luxury homes, villas, townships, tech parks, retail and hospitality. It is also the group behind the Forum chain of shopping malls. This spread gives it a rare understanding of how homes, offices and shops work together.

• Completed work: 319 projects, about 216 million sq ft, as at 30 June 2026.
• Ongoing work: 67 projects, about 144 million sq ft, under construction at the same date.
• Townships: large self-contained developments such as Prestige Shantiniketan in Whitefield.
• Industry standards: Prestige is a prominent member of CREDAI, the national body of real estate developers.

The ongoing pipeline is about two thirds the size of everything the group has ever completed. Prestige is building faster today than at any point in its history.

North Bangalore is one of the group's main growth areas. Its newest investments sit around the airport and the KIADB aerospace corridor at Devanahalli.

• Prestige Parklane: a 32-acre mixed-use estate inside the KIADB Hi-Tech, Defence and Aerospace Park Phase 2. It brings 1,788 homes in nine towers next to a future tech hub. The project is RERA registered under PRM/KA/RERA/1251/309/PR/150926/008941.
• The enterprise estate beside Parklane: the rest of the master plan is set aside for a technology and logistics hub. Homes and workplaces share one estate, so residents can live close to work.
• Bengaluru Airport City: in June 2026, Prestige signed to build a convention centre, luxury hotels and premium offices in the airport's 460-acre business district.

Prestige did not arrive at Devanahalli with Parklane. It has been building on this corridor for the better part of two decades. Its projects here follow the area's growth, from leisure to land to offices, and now to homes.

• Golf and leisure: Prestige Golfshire and Augusta Golf Village.
• Plotted developments: Park Drive, Autumn Leaves, Crystal Lawns and Gardenia Estate.
• Commercial: Prestige Tech Cloud, where NTT opened Bengaluru's largest data centre campus in December 2025.
• Apartments: Prestige Park Street and Prestige Parklane, built for people who work nearby.

Park Street, Park Drive and Parklane have similar names but are three different projects. Always confirm which one a listing refers to.

Prestige has completed 319 real estate projects, covering about 216 million sq ft, as at 30 June 2026. Its delivered work spans homes, offices, malls and hotels across South India and beyond. Its record is measured in decades, not a handful of launches.

• Residential: apartments, villas and full townships such as Prestige Shantiniketan.
• Commercial: tech parks and offices, including Prestige Tech Cloud on the Devanahalli corridor.
• Retail: the Forum malls, among the best-known shopping centres in South India.

Buyers can see this record in person. Visiting a completed Prestige community on the same corridor shows how the group handles handover and after-sales care.

Financial strength matters most when you buy a home that takes four years to build. Prestige Estates Projects is listed on the stock exchanges, so it publishes audited results every quarter. Its FY2026 numbers were the strongest in its history.

• Revenue: about ₹13,196 crore, up 71 per cent.
• EBITDA: about ₹4,219 crore, up 43 per cent.
• Profit after tax: about ₹1,312 crore, up 113 per cent.
• Sales: a record of about ₹30,024 crore.
• Collections: about ₹18,515 crore of money actually received.

The group also holds the CRISIL DA1+ developer grading. This is the highest safety rating in the sector, and an independent sign of its capital strength. It shows the group has the funds to finish large projects.

Prestige has assembled a strong team for Parklane. Each role is named in the project's RERA filing.

• Developer and landowner: Apex Realty Management Private Limited, a fully integrated subsidiary of the Prestige Group.
• Land title: the land is fully owned, with no Joint Development Agreement with local farmers.
• Architect: Ar. J. Mamtha, who arranged the nine towers to make the most of light and wind flow.
• Structural engineer: Vinod Kumar R, who certifies the structural safety of the project.
• Principal contractor: Larsen & Toubro Limited, responsible for building all nine towers.

L&T uses advanced aluminium formwork for precisely aligned RCC structures. Quality is controlled through daily on-site material testing. The partnership is set up to meet the declared completion date of 31 December 2030.

A home's value depends on how well it is run after possession. Prestige has a dedicated internal team for snagging and finishing before handover. After possession, maintenance is handled by the group's Propcare team.

This care extends to the shared spaces. At Parklane, Propcare will look after the 50,000 sq ft clubhouse and the landscaped grounds. Well-kept common areas also help protect resale value over the years.

Choosing the right developer is the most important decision in an under-construction purchase. Prestige stands out on five counts.

• Legacy: nearly 40 years in business, with 319 completed projects.
• Financial strength: a CRISIL DA1+ grading and record FY2026 results.
• Clear title: Parklane's land is fully owned by a group company, with no JDA.
• Execution: L&T as principal contractor for all nine towers.
• Local knowledge: two decades on the Devanahalli corridor, from Golfshire to Tech Cloud.

Prestige Parklane brings all of this together in one estate. It combines 1,788 homes, a large clubhouse and a future tech hub on the same master plan.