Prestige Group Projects

Prestige Group projects in Akshayanagar, Bangalore

Prestige Group's First Township Address in Akshayanagar

Prestige Group, founded in 1986 by the late Razack Sattar, has built a reputation spanning nearly four decades as one of India's most reliable real estate developers. From its first project — Prestige Court on KH Road in Bengaluru — the group grew from a retail business into a property firm that now operates across 13 cities. Akshayanagar, a South Bangalore locality off Bannerghatta Road, represents the group's deliberate push deeper into the city's southern residential belt — a direction that has already produced Prestige Park Ridge on Bannerghatta Road and Prestige Falcon City Luxe on Kanakapura Road.

Prestige Southern Star is a mixed-use township located in Akshayanagar, off Begur Road in Bangalore, positioned off Bannerghatta Road. The project was officially launched and inaugurated on 22 March 2025, with possession scheduled for December 2029, and holds RERA approval ID PR/210325/007603.

What Prestige Southern Star Phase 1 Actually Consists Of

The total land area of Phase 1 is 35 acres. It houses 2,130 apartments across 14 high-rise towers with configurations of 2B+G+26/27 floors, offered in 1, 2, 3, 3.5, and 4 BHK sizes with floor areas ranging from 685 sq ft to 2,750 sq ft. Block 1 contains nine towers (Tower 3 to Tower 11), each with 27 floors. Block 2 contains five towers (Tower 1, 2, and 12 to 14), each with 26 floors.

The base price at launch varies between Rs 12,000 and Rs 14,000 per sq ft depending on tower selection. The master plan is built on a 35-acre area with 75% open space. Beyond the open-space ratio, the project incorporates green and sustainable features including solar-powered lighting in common areas, rainwater harvesting systems, energy-efficient appliances, and waste management systems.

The precise site is on DLF Newtown, Akshayanagar, off Bannerghatta Road, Bengaluru 560068 — directly opposite DLF Western Heights Apartments and close to Begur Lake. A second phase, Prestige Southern Star Phase 2, is planned on a further 35-acre parcel at the same Akshayanagar-Begur Road address, extending the group's footprint in the locality beyond the Phase 1 launch.

Why Prestige Chose This Specific Corridor

Akshayanagar lies off Bannerghatta Road, tucked between Hulimavu, Gottigere, and Begur Road. It links out to major employment zones through three routes: Bannerghatta Road toward JP Nagar and the CBD, NICE Road for access to Hosur Road and Mysore Road, and arterial connections feeding Electronic City and Jigani. The locality is only 15 km from the Central Business District areas of Bangalore.

For a developer that has consistently targeted land parcels adjacent to established employment corridors — Electronic City, Sarjapur Road, Whitefield — the Akshayanagar location fits a recognisable pattern. The site sits between the Bannerghatta Road office belt and the Hosur Road–Electronic City tech cluster, giving future residents two distinct commute options without depending on either exclusively.

The metro picture has also changed materially since the project was announced. The Namma Metro Yellow Line, now 19.15 km long, connects Rashtreeya Vidyalaya Road to Bommasandra and passes through South Bengaluru neighbourhoods including BTM Layout, Bommanahalli, and Electronic City. The Yellow Line was officially inaugurated on 10 August 2025 by Prime Minister Narendra Modi. Akshayanagar is connected via the Singasandra Metro Station, part of this Yellow Line corridor linking RV Road to Bommasandra. For Prestige buyers, this means a rail connection to Electronic City, Central Silk Board, BTM Layout, and eventually the broader Green and Pink Line interchange network — all within the possession timeline of December 2029.

According to a forecast by Colliers India, these metro lines will dramatically reduce commute times and reshape the city's real estate landscape, particularly across the central and southern parts of the city. Homes and offices within 1–2 km of a metro station often see 5–15 per cent higher value growth than non-connected areas.

Social Infrastructure That Serves the Township's Scale

A 2,130-unit township only works when the surrounding area can absorb the demand it places on daily services. Akshayanagar's existing social infrastructure is substantial enough to meet that test. Reputed schools including Delhi Public School, Sherwood High, and Ryan International School, and leading hospitals such as Apollo Hospitals, Fortis Hospital, and Narayana Hrudayalaya are in the vicinity. The location is close to Hulimavu, Arekere, Hosur Road, NICE Junction, Meenakshi Mall, JP Nagar, and other key parts of South Bangalore.

Akshayanagar retains inner lanes, smaller parks, and easy drives to lakes and green pockets — morning walkers use Hulimavu Lake, while weekend plans often include quick runs to JP Nagar cafes. That balance between neighbourhood calm and city access is precisely the profile Prestige has targeted in its township developments elsewhere — Prestige Shantiniketan in Whitefield and The Prestige City on Sarjapur Road being the clearest precedents at scale.

The Akshayanagar Price Context

Property prices in Akshayanagar have been rising steadily, with major builders developing modern apartments and villas across the area. The average rate per square foot for flats in Akshayanagar stands at approximately ₹12,000, with a range of ₹8,642 to ₹12,780 per sq ft. Prestige Southern Star Phase 1, priced at ₹12,000–14,000 per sq ft at launch, sits at the upper end of the current micro-market range — consistent with the brand's pricing position in comparable South Bangalore corridors such as Bannerghatta Road and Kanakapura Road.

The area is still more affordable than places like Koramangala or Jayanagar, but is growing fast. For a buyer weighing a Prestige address in South Bangalore, this gap between Akshayanagar's current rates and those of fully mature corridors 8–10 km closer to the CBD represents the core investment logic.

Prestige Group's Delivery Standing — Relevant to a Long-Build Township

With a possession date of December 2029, buyers are committing to a four-and-a-half-year construction cycle. The developer's delivery record is directly relevant here. Prestige Group holds the CRISIL DA1+ grading — the highest rating any real estate developer can achieve in India — and has an 85–90% on-time delivery rate. In February 2025, CRISIL reaffirmed this grading, noting Prestige's consolidated net worth of ₹11,800 crore and profit after tax of ₹1,650 crore.

Prestige is listed on the BSE/NSE as Prestige Estates Projects Ltd, with operations across 9 states and 13 cities, 350+ completed projects spanning 180+ million sq ft, and 46 million sq ft currently under development across 35 active sites. Bangalore accounts for 40% of Prestige's total deliveries, with the longest operating history in the city dating back to 1986. For a buyer in Akshayanagar, that Bangalore-specific depth — knowledge of local contractors, established supply chains, civic coordination with BBMP and BDA — carries practical weight on a project of this scale.

The company currently has 56 ongoing projects across residential, commercial, retail, leisure, and hospitality segments, and plans to venture into 43 upcoming projects spanning 85 million sq ft with a land bank of over 728 acres. Southern Star Phase 1 is one element of a much broader South Bangalore investment cycle that also includes Prestige Park Ridge on Bannerghatta Road — meaning the group has a concentrated interest in seeing the corridor appreciate.

Frequently Asked Questions

What types of properties are available in Akshayanagar, Bangalore?+
Akshayanagar offers a broad mix of residential formats, including apartments, independent houses, villas, builder floors, and plotted sites. The apartment segment dominates the market, with gated communities from developers such as DLF Homes, House of Hiranandani, Prestige Group, and Mahaveer Group. Configurations range from compact 1 BHK layouts to spacious 3.5 BHK and 4 BHK units, making the locality accessible to first-time buyers and upgrade seekers alike.
How well is Akshayanagar connected to the rest of Bangalore?+
Akshayanagar sits close to NH-48 (NICE Ring Road), Bannerghatta Road, and Hosur Road, giving daily commuters multiple arterial road options. The Singasandra Metro Station on the Yellow Line is approximately 4.7 km away, while Yelachenahalli Metro Station on the Green Line is reachable in about 20 minutes via BDA 80 Feet Road. Kempegowda International Airport is 38 km away and accessible in roughly 50 minutes via Bannerghatta Main Road, and BMTC bus routes including 365, 378, and 411 provide regular public transport links.
Which IT hubs and employment centres are close to Akshayanagar?+
Electronic City, one of Bangalore's largest IT employment zones, is 10 km from Akshayanagar. AMR Tech Park, Ozone Manay Tech Park, and Kalyani Magnum Tech Park are clustered within 5 to 7 km, while Brigade Software Park is about 11 km away. JP Nagar is roughly 9 km out, making Akshayanagar a practical base for professionals working across South Bangalore's technology corridor.
What schools, hospitals, and shopping facilities are available near Akshayanagar?+
Reputed schools including Presidency School, Sri Chaitanya Techno School, and St Francis ICSE School are within 3 to 6 km of Akshayanagar. Jayashree Multispeciality Hospital, Fortis Hospital on Bannerghatta Road, and Anand Multispeciality Hospital are 3 to 5 km away. Royal Meenakshi Mall in Hulimavu is the nearest large retail destination, supplemented by South India Shopping Mall and multiplex options including Cinepolis and PVR Vega City PAYTM IMAX.
What is the current property price range in Akshayanagar?+
As of April 2026, property prices in Akshayanagar range from approximately Rs 5,500 to Rs 9,787 per square foot, with total ticket sizes broadly spanning Rs 19 lakh to Rs 3.5 crore depending on the configuration, floor level, and project. Average monthly rentals for a 2 BHK unit range from Rs 18,000 to Rs 40,000, reflecting steady demand from the area's IT-employed tenant base.
Who is Akshayanagar best suited for as a place to live or invest?+
Akshayanagar functions as a self-sufficient neighbourhood that appeals primarily to mid-income families and IT professionals employed across South Bangalore's tech clusters, given its proximity to Electronic City and multiple tech parks within 5 to 10 km. The area's school and hospital infrastructure, green pockets such as Akshayanagar Park and Begur Lake View Park, and gated community supply make it particularly suitable for families seeking stable, residential neighbourhoods without a premium central-Bangalore price tag. Investors benefit from a rental market that is consistently supported by IT-sector demand.
What is the broader development trajectory of Akshayanagar as a residential locality?+
Akshayanagar has transitioned from a low-density peripheral zone into an established residential locality within the BBMP municipal limit, with 10 ready-to-move projects and 4 under-development projects currently active. Property prices in the area have registered year-on-year appreciation of 37.3% recently, driven by infrastructure upgrades on Begur Road and increasing new-launch activity from national-scale developers. The forthcoming Yellow Line metro extension anchored by Singasandra Station is expected to further tighten commute times to the city's north-south corridor.
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