Prestige Group Projects

Prestige Group projects in Bannerghatta Road, Bangalore

Prestige Group's Sustained Commitment to Bannerghatta Road

Few developers have put as much deliberate, repeated capital into a single South Bangalore corridor as Prestige Group has into Bannerghatta Road. Founded in 1986 and headquartered in Bangalore, Prestige has developed residential and commercial spaces across Bangalore, Chennai, Hyderabad, Kochi, Mumbai, Mangalore, Goa, and Delhi-NCR. Bannerghatta Road is not a peripheral bet for the group — it is a corridor where they have delivered multiple projects across nearly a decade, and where they continue to acquire and launch.

As of June 2026, Prestige Group has completed 313-plus projects and delivered over 206 million sq ft across India, with 160 residential projects covering 139 million sq ft and 125 commercial projects covering 49 million sq ft. The group closed FY 2025–26 with ₹30,024.5 crore in sales and ₹18,514.6 crore in collections, selling 22.28 million sq ft across 11,692 homes. That scale gives Prestige a negotiating position on land, an ability to self-fund construction, and a brand recognition that directly influences resale values — all of which matter to a buyer on Bannerghatta Road, where multiple Prestige addresses compete within the same catchment.

The Bannerghatta Road Portfolio: A Pattern, Not a Single Project

Prestige's presence here follows a recognisable pattern: mid-to-large land parcels, high-rise gated communities, and a range of apartment configurations that capture both end-users and investors. Several completed and ongoing projects define this arc.

Prestige Elysian is an elite project of apartments on 6.67 acres in Kalena Agrahara, offering 548 bright and airy 2 and 3-BHK homes. The project, situated at Classic Orchards Layout, Kalena Agrahara, spreads across 6.37 acres with four towers of 18 floors each and 81% open spaces. It was launched in September 2023. Prestige Elysian appreciated the most in Bannerghatta Road, Bangalore, with a growth rate of 28.8% in the last one year.

Prestige Park Square is an elegant apartment enclave at Gottigere, with 586 homes in 2, 3, and 3.5-BHK layouts from 1,115 to 1,771 sq ft, and amenities including an amphitheatre, health club, and cricket pitch.

Prestige Notting Hill is a project on 10.74 acres at Kalena Agrahara, with 288 apartments in 2 and 3-BHK formats from 1,445 to 1,804 sq ft, including a clubhouse, gymnasium, and tennis court.

At the township scale, Prestige Southern Star is a mixed-use township project on Begur Road, Akshayanagar, off Bannerghatta Road. The project spans 35 acres and houses 2,130 luxury apartments across 14 high-rise towers with floors up to 27 storeys, in sizes from 685 sq ft to 2,750 sq ft across 1, 2, 3, 3.5, and 4 BHK configurations. The project received RERA approval on 21 March 2025 and launched the following day, with base prices at launch ranging between ₹12,000 and ₹14,000 per sq ft depending on tower selection.

Prestige Maple Heights: The Current Bannerghatta Road Offering

Prestige Maple Heights is a premium pre-launch residential project by Prestige Group, located on Bannerghatta Road, Bangalore, offering 1, 2, 3, and 4 BHK apartments. The carpet area of units ranges between 900 sq ft and 3,010 sq ft.

The project is located close to NICE Ring Road and other important road networks. Bannerghatta Road is home to hospitals including Apollo, Fortis, Vijayashree, Vivekananda, and Vasan Eye Care. Prestige Maple Heights sits within immediate connectivity of the upcoming third Namma Metro line from Gottigere to Nagavara via IIM Bangalore. Prestigious educational institutions such as IIM Bangalore and Ryan International School are in the vicinity.

Popular malls such as Vega City Mall and Royal Meenakshi Mall are nearby, offering residents shopping, dining, and entertainment options.

Prestige Maple Heights adds the top of the configuration range — 4 BHK — to a corridor where the group's earlier projects capped at 3 BHK. This makes it the most configuration-diverse Prestige address on the road to date and positions it toward families and buyers looking for a single asset with room to grow.

Why Prestige Keeps Returning to This Corridor

Bannerghatta Road, also designated State Highway 87, runs approximately 49 km, connecting Adugodi to Anekal and passing through prime IT and residential clusters. The road's catchment cuts through Electronic City — one of Bangalore's largest IT employment zones — and the business parks of IBC Knowledge Park and Kalyani Magnum Tech Park, all of which sustain tenant demand that in turn underpins resale values for completed Prestige projects.

The metro equation is particularly relevant to current investment decisions. Bannerghatta Road Metro is part of the Pink Line, connecting Kalena Agrahara station (also known as Gottigere) on Bannerghatta Road in the South to Nagawara station on Outer Ring Road in the North. Upcoming infrastructure includes this Namma Metro Pink Line, which is set to open in stages — elevated by September 2025 and underground by mid-2026 — with a station on Bannerghatta Road opposite IIM Bangalore. Prestige has historically timed several of its larger launches in corridors just ahead of metro operationalisation, a pattern that buyers familiar with Prestige Shantiniketan and Prestige Lakeside Habitat on the Purple Line will recognise.

What the Numbers Say About This Market

Property prices on Bannerghatta Road have increased by 46% over the past five years, rising from ₹5,400 per sq ft in 2020 to ₹7,900 per sq ft in 2025. The average flat rate across the road now stands at approximately ₹9,650 per sq ft. At the top end, Prestige Elysian — the group's most recently tracked completed project on this road — commands ₹18,100 per sq ft in the secondary market, making it the highest-quoted project in the Bannerghatta Road locality.

Property prices on Bannerghatta Road range from ₹9,500 to ₹12,000 per sq ft, growing at around 9.5% annually. The average rental yield in the area is approximately 4%. For a Prestige buyer, those numbers translate into a concrete resale and rental benchmark — and Prestige Elysian's secondary market premium above the locality average suggests the brand itself adds a meaningful component to that return.

Social Infrastructure That Prestige Buyers Use

  • Healthcare: Fortis, Apollo, and the Jayadeva Institute of Cardiology are on or adjacent to the corridor.
  • Education: IIM Bangalore, National Public School, and Sherwood High are established institutions in the catchment.
  • Retail and leisure: Royal Meenakshi Mall and Vega City Mall serve the corridor's retail and entertainment needs, alongside Bannerghatta National Park for open green space.
  • Employment: The concentration of IT companies in the vicinity has led to a surge in job opportunities — over 19,000 job vacancies in and around Bannerghatta Road as of May 2025.

A Developer Track Record That Survives Scrutiny

Prestige Group holds a CRISIL DA1+ grading — the only real estate firm in India to hold this rating — and a credit rating of ICRA A+. These ratings are independent assessments of the developer's ability to deliver, not marketing claims. For a buyer on Bannerghatta Road committing to a pre-launch or under-construction project, those assessments carry direct relevance: they reflect the financial health of the entity building what you are buying.

By 2023–2024, the group had delivered over 300 projects across more than 10 cities, encompassing a developed area surpassing 190 million sq ft. Prestige's Bannerghatta Road projects are backed by that same balance sheet — and by a developer that, in its four-decade history in Bangalore, has not abandoned a mid-construction project in the city where it was founded.

Frequently Asked Questions

What Prestige Group projects are available or upcoming on Bannerghatta Road?+
Prestige has multiple addresses on this corridor. Completed projects include Prestige Elysian (6.67 acres, Kalena Agrahara, 548 units) and Prestige Notting Hill (10.74 acres, 288 units). Prestige Southern Star launched in March 2025 off Begur Road, Akshayanagar, with 2,130 apartments across 35 acres. Prestige Maple Heights is the current pre-launch offering, with 1, 2, 3, and 4 BHK units and carpet areas from 900 to 3,010 sq ft.
What is the price range for apartments on Bannerghatta Road in 2025?+
The average flat rate across Bannerghatta Road stands at approximately ₹9,650 per sq ft as of 2025, with the range spanning ₹7,900 to ₹10,500 per sq ft depending on the project and sub-location. Premium projects by branded developers command higher rates — Prestige Elysian is currently quoted at ₹18,100 per sq ft in the secondary market, the highest on the road.
How does the Namma Metro Pink Line affect Prestige projects on Bannerghatta Road?+
The Namma Metro Pink Line connects Kalena Agrahara (Gottigere) in the south to Nagawara on the Outer Ring Road in the north, with a station opposite IIM Bangalore on Bannerghatta Road. The elevated section is expected by late 2025 and the underground section by mid-2026. Prestige Elysian, Prestige Park Square, and Prestige Maple Heights are all within the direct catchment of this line, which historically drives price appreciation in the corridors it activates.
How has property appreciation performed on Bannerghatta Road over the last five years?+
Property prices on Bannerghatta Road rose by 46% between 2020 and 2025, from approximately ₹5,400 to ₹7,900 per sq ft at the market average. Annual growth is running at around 9.5%, and Prestige Elysian — the group's most recently completed project on this road — recorded 28.8% appreciation in a single year, placing it at the top of the locality's performance table.
What hospitals, schools, and commercial hubs are near Prestige projects on Bannerghatta Road?+
The corridor has Fortis and Apollo hospitals, along with the Jayadeva Institute of Cardiology. Educational institutions in the catchment include IIM Bangalore, National Public School, Ryan International, and Sherwood High. For employment, IBC Knowledge Park and Kalyani Magnum Tech Park are nearby, and Electronic City — one of Bangalore's largest IT zones — is accessible via Bannerghatta Road and NICE Road.
Is Prestige Group financially stable enough to be trusted for pre-launch and under-construction projects?+
Prestige Group is listed on the NSE under the ticker PRESTIGE and holds a CRISIL DA1+ grading — the only real estate developer in India to hold this rating — alongside an ICRA A+ credit rating. The group closed FY 2025–26 with ₹30,024 crore in sales and has delivered over 313 completed projects covering 206 million sq ft. These are independently verified metrics, not developer-issued claims.
×
Express Your Interest