Prestige Parklane Latest News

Prestige Parklane Latest News

The Prestige Parklane latest news is that this exciting new housing project by the Prestige Group got its official Karnataka RERA approval on September 15, 2026. This means the project is now ready for formal bookings. Located inside the KIADB Hi-Tech Defence and Aerospace Park Phase 2 in Devanahalli, North Bengaluru, buyers and investors can now start booking their dream homes. This legal approval gives buyers peace of mind to safely choose from the 1, 2, and 3 BHK tall apartments spread across a large 11.91-acre gated community.

RERA Update and Official Approvals

The most important news for buyers is that the builder has all the required legal approvals to start selling these homes. The project is registered under the company name Apex Realty Management Private Limited, and all details are now open to the public.

  • Karnataka RERA Number: PRM/KA/RERA/1251/309/PR/150926/008941.
  • Approval Date: September 15, 2026.
  • Builder Name: Apex Realty Management Private Limited (Prestige Group).
  • Expected Completion Date: December 31, 2030.

Project Overview and Pricing Details

The housing area covers 11.91 acres of land inside a bigger 32.26-acre campus. It has nine tall towers, each with two basements, a ground floor, and 24 floors above it. The society will have around 1,788 modern flats, giving many options for different family sizes and budgets.

  • 1 BHK Flats: Sizes range from 550 to 1,450 sq. ft. Prices start between ₹70 Lakhs and ₹74 Lakhs. These are great for single workers or small investors.
  • 2 BHK Flats: Sizes range from 1,500 to 1,900 sq. ft. Prices start at about ₹1 Crore.
  • 3 BHK Flats: Made for bigger families, these spacious homes range from 1,850 to 2,350 sq. ft. Prices start between ₹1.25 Crores and ₹1.55 Crores.

Location and Master Plan Highlights

Placed on the main Airport Road in North Bengaluru, this project offers a very easy lifestyle. Since it is built right inside the KIADB Aerospace Park, people living here will be just a few minutes away from big companies like Boeing and Airbus.

  • Travel Links: The project is only a 15-minute drive (about 8.8 km) to the Kempegowda International Airport and 10 minutes from the upcoming Blue Line Namma Metro station. Good roads like the Satellite Town Ring Road (STRR) and State Highway 104 are also very close.
  • Lifestyle Features: The builder has kept 75% of the land open and green. The main park has a huge 50,000 sq. ft. clubhouse, a big swimming pool, sports courts, and special play areas for pets.

The "Walk-to-Work" Advantage

The best part of the Prestige Parklane latest news is its clear "walk-to-work" benefit. Because the flats are inside the large KIADB Aerospace Park, residents live right next to top global companies. Big names like Boeing, Airbus, and Thales have offices just a short walk or bike ride away from the main gates. For working people, this means no daily traffic jams, less stress, and more free time with family. For property investors, having big offices so close means it will be very easy to find tenants, and the property price will grow steadily over time.

Frequently Asked Questions (FAQs)

What is the Prestige Parklane latest news?

The latest news is that the project got its official Karnataka RERA approval on September 15, 2026. Buyers can now formally book their flats.

What is the exact RERA registration number for this project?

The official Karnataka RERA number is PRM/KA/RERA/1251/309/PR/150926/008941.

Where is Prestige Parklane located?

It is located inside Phase 2 of the KIADB Aerospace Park at Haraluru, Devanahalli, in North Bengaluru.

What types of apartments are available?

The project offers 1, 2, and 3-bedroom tall apartment towers.

What is the starting price for a home here?

Prices start around ₹70 Lakhs for a 1 BHK flat. A 2 BHK starts at about ₹1 Crore, and a large 3 BHK starts between ₹1.25 Crores and ₹1.55 Crores.

When is the expected possession date?

As per the government RERA website, the project will be completed and handed over by December 31, 2030.

Why is the location so good?

Living inside the KIADB Aerospace park keeps you very close to big offices, saving you hours of travel time. Plus, the airport is just a quick 15-minute drive away.