Updated 21 October 2026. We read the full RERA project record and its Q2 2026-27 quarterly update, Prestige's project page and coverage of Prestige's Q2 FY27 operational update, all on the same day. Most pages ranking for this name are reseller microsites quoting expired price sheets. This page uses only the developer's figures and the RERA record, adds carpet areas, bookings by home type and the KIADB context, and says plainly what is not confirmed.

Prestige Parklane fact file

Official means the Karnataka RERA record or Prestige's own website. Reported means a news report; the source is named on each line.

  • Promoter: Apex Realty Management Private Limited; promoter website listed as prestigeconstructions.com — official (Karnataka RERA record).
  • Address on RERA: Plot No. 24, Hi-Tech Defence & Aerospace Park Phase 2, Bengaluru North taluk, Bengaluru Urban 562110 — official (Karnataka RERA record). Prestige's page gives Muddenahalli Village, Channarayapattana Hobli, Devanahalli 562135.
  • Plan approval: KIADB plan DO3-KIADB-00128/26-27/BP, dated 13 August 2026 — official (Karnataka RERA record).
  • Homes: 1,788 in nine towers, each with three basements, ground and 24 upper floors, 76.55 m tall — official (Karnataka RERA record; Prestige page).
  • Mix: 858 one-bedroom, 391 two-bedroom and 539 three-bedroom homes — official (Karnataka RERA record).
  • Land: 11.76 acres on Prestige's page; the RERA description says 11.91 acres, while the RERA land-area field is 45,401 sq m, about 11.2 acres (our conversion).
  • Price: '₹ 65 Lakhs Onwards*', unit and area basis not stated — official (Prestige page, read 21 Oct 2026).
  • Dates: project start 1 October 2026; proposed completion 31 December 2030 — official (Karnataka RERA record).
  • Declared project cost: about ₹1,066.6 crore, of which land about ₹83.6 crore — official (Karnataka RERA record, CA-certified Form 1).
  • Parking: 1,780 covered and 130 open spaces — official (Karnataka RERA record).

What is the price of Prestige Parklane?

The only price Prestige publishes is '₹ 65 Lakhs Onwards*' on its project page, read on 21 October 2026. The page does not say which home or area basis that figure applies to, and the asterisk means terms apply. Reseller pages carry lower 'base' figures from launch-week price sheets that their own text says expired on 27 September 2026; those are not developer figures, so we do not repeat them.

For scale only: if the ₹65 lakh figure applied to the smallest 567 sq ft home on Prestige's page, it would work out to about ₹11,460 per sq ft of that area. That is our arithmetic, not a price list. For context, Nomura put Prestige's company-wide average realisation in Q2 FY27 at ₹12,375 per sq ft, across all its projects (Moneycontrol via TradingView, October 2026).

What the 'onwards' figure leaves out: GST, stamp duty and registration, and any clubhouse, infrastructure or maintenance charges. Ask Prestige for a dated, itemised cost sheet for the exact unit, with the RERA carpet area printed on it.

Floor plans: carpet area vs the 567–1,801 sq ft on the website

Prestige's page lists sizes of 567 to 1,801 sq ft without saying whether they are carpet or saleable area, and shows typical floor plans for Towers 1 to 9. The RERA record gives carpet area, the usable floor inside the walls, by home type. Averages below are ours from the RERA totals (1 sq m = 10.764 sq ft):

  • 1 BHK · 858 homes · about 323 sq ft carpet on average (25,750 sq m in all)
  • 2 BHK · 391 homes · about 565 sq ft carpet on average (20,507 sq m in all)
  • 3 BHK · 539 homes · about 969 sq ft carpet on average (48,530 sq m in all)
  • Balconies are recorded separately: 3,253 sq m for the 1 BHKs, 2,549 sq m for the 2 BHKs and 4,909 sq m for the 3 BHKs (Karnataka RERA record).
  • A rough reading: a 567 sq ft headline size against a 323 sq ft average 1 BHK carpet suggests carpet is a little under 60% of the size quoted. That is our estimate, not a per-unit figure.

How many homes are already booked, by type?

The promoter's Q2 2026-27 quarterly update, submitted to RERA on 15 October 2026, reports 1,125 of 1,788 homes booked and 1% construction progress (Karnataka RERA record). Our totals by type from the tower tables:

  • 1 BHK: 627 of 858 booked (Towers 5, 6, 7 and 8 hold almost all of them)
  • 2 BHK: 359 of 391 booked (mostly Towers 7 and 9)
  • 3 BHK: 139 of 539 booked (Towers 1 to 4)
  • The same update records about ₹43.4 crore collected from buyers so far.

In plain terms, the smaller homes have moved faster than the 3 BHKs. If you want a 1 or 2 BHK, ask which towers and floors are still open before you visit; if you want a 3 BHK, there is far more choice today.

Where exactly is Prestige Parklane, and what does 'KIADB Phase 2' mean?

The site is an allotted plot inside a KIADB industrial area, the Hi-Tech Defence and Aerospace Park Phase 2, and its building plan was approved by KIADB rather than a city planning authority (Karnataka RERA record). The RERA boundary schedule lists a 45 m wide road on the west and an 18 m road on the south, with the KIADB layout boundary to the east. 'Phase 2' in searches refers to this industrial-area phase, not a second phase of the project; Parklane has one RERA registration.

Prestige's page publishes no distances, so we do not quote any. Plan your commute by road: test the drive to Kempegowda International Airport, Hebbal and your workplace at peak hours. For what the aerospace park and airport belt offer, see our guide at Flats Near Aerospace Park Bangalore 2026: Prices, Commute, and for the proposed KWIN City nearby, KWIN City Bengaluru 2026: Location, Status, Plots by March.

When is possession of Prestige Parklane?

The proposed completion date on the RERA record is 31 December 2030, with a project start date of 1 October 2026 (Karnataka RERA record). That confirms the 31 December 2030 date seen on some listings. Your agreement will state the possession date and any grace terms; track the quarterly updates on the RERA portal as towers rise.

How Parklane fits Prestige's Q2 FY27 numbers

Prestige named Parklane as one of three residential launches in Q2 FY27, at 2.69 million sq ft, alongside Garden Breeze at The Prestige City in Bengaluru (1.23 million sq ft) and Prestige Palm Court in Chennai (1.99 million sq ft), with a combined gross development value of about ₹4,020 crore (Moneycontrol via TradingView, October 2026). The RERA built-up area of 2,49,535 sq m converts to about 2.69 million sq ft, matching that figure.

Company-wide, Prestige reported Q2 FY27 pre-sales of ₹7,225 crore, up 20% year on year, from 5.84 million sq ft and 3,910 units, with Bengaluru at 41% of H1 FY27 sales (Angel One, 13 October 2026). Our wider read on the quarter is at Prestige, Sobha, Puravankara Q2 FY27 Sales: What Buyers Learn.

Is Prestige Parklane a good buy? A neutral checklist

  • Who it suits: buyers working in the airport and aerospace belt, and those wanting a compact 1 or 2 BHK from a large developer, who can wait until about 2031.
  • Supply inside the project: 858 one-bedroom homes in one campus means many similar units will reach the resale and rental market at the same time. Read our rental reality check at Devanahalli Rental Yield in 2026: A Reality Check for Airport-Belt Investors before counting on rent.
  • Carpet area: get it in the agreement; website sizes are not labelled as carpet.
  • Account: the Karnataka RERA project page advises buyers to deposit money only in the RERA-approved account; check that account against your demand letter.
  • Official channel: several look-alike domains rank for this name. Deal through prestigeconstructions.com or a channel partner whose authorisation you have checked.

Similar homes nearby, and further reading

Our listing for this project is Prestige Parklane Muddenahalli Village Hi Tech Defence Aerospace Park Phase 2 Near Strr Devanahalli. Other homes we list in the Devanahalli belt: