Prestige Parklane New Launch
The Prestige Parklane New Launch is a new, large housing project by the famous Prestige Group. It has official RERA approval and is located in the fast-growing KIADB Phase 2 area of Devanahalli, North Bangalore. This big project covers about 11.91 acres and brings 1,788 well-planned 1, 2, and 3 BHK flats to the busy Airport road area. Whether you want a great home to live in or a safe place to invest your money, this project is a perfect choice. The starting prices range from ₹65 Lakhs to ₹1.89 Crores. As a senior real estate expert, I have put all the updated information in this blog to give you the most accurate and helpful details for buying your new home.
Here is a simple and complete guide to everything you need to know about this amazing new property, including the newest rule updates.
Project Overview and RERA Details
When buying property, having clear legal papers and government approvals is very important so you can feel safe. The Prestige Group is a brand you can trust, and they have all the legal papers ready for this project.
- RERA Registration Number: PRM/KA/RERA/1251/309/PR/150926/008941
- RERA Approval Date: September 15, 2026
- Builder Name: Apex Realty Management Private Limited (Prestige Group)
- Total Land Area: 11.91 Acres
- Total Flats: 1,788 high-quality apartments
- Building Structure: 9 tall buildings (Ground + 24 floors)
- Handover Date: Expected by December 2030
The builders kept 75% of the land open for gardens and a big central park. This means people living here will get fresh air, sunlight, and a quiet place away from the noisy city.
Floor Plans and Pricing
Knowing the room sizes and costs is very important before buying a home. The room designs here make the best use of space, keeping the homes bright and full of fresh air. Please note that these prices are basic estimates and might change later.
| Apartment Type | Size Range (Sq. Ft.) | Best For | Approximate Price Range |
|---|---|---|---|
| 1 BHK Apartments | 565 - 571 sq. ft. | Single workers, frequent travelers, or solo buyers | Starting at about ₹65 Lakhs |
| 2 BHK Apartments | 828 - 1,103 sq. ft. | Small to medium-sized families | ₹90 Lakhs to ₹1.15 Crores |
| 3 BHK Apartments | 1,445 - 1,801 sq. ft. | Big families who need extra space and comfort | ₹1.50 Crores to ₹1.89 Crores |
World-Class Amenities
A good home is more than just the rooms inside. This project has over 50 modern facilities for people of all ages to enjoy.
- Health & Fitness: An outdoor gym, a big swimming pool, a kids' pool, and walking paths.
- Fun & Relaxing: A large central park, green gardens, and special lawns for pets to play.
- Sports: Padel courts, pickleball courts, sports play areas, and a cricket practice net.
- Safety & Building: 24/7 camera security, strong earthquake-safe buildings, and solar water heaters for the top floors.
The Location Advantage: Devanahalli
Location is the most important part of buying property. Located in KIADB Phase 2, Devanahalli, this project is right in the middle of North Bangalore's fast growth.
- Airport Near By: It takes only 15 minutes to drive to the Kempegowda International Airport. This makes it perfect for people who travel a lot.
- Work Places: The property is right inside the KIADB Hi-Tech Defence & Aerospace Park. Many big global companies and factories are located here.
- Good Roads: You can easily reach State Highway 104, Sulibele Road, and the new Satellite Town Ring Road (STRR). This makes traveling around the city very fast and easy.
Why Invest Here?
Buying a home from the Prestige Group gives you peace of mind. The official RERA approval on September 15, 2026, means the project follows all state rules. Your money is kept safe in special bank accounts. Right now, property prices in North Bangalore are growing faster than anywhere else in the city. As new metro trains start running and more offices open, the prices of homes in Devanahalli will go up very fast. This makes the project a great way to grow your money and earn rent over a long time.