In 1986, Irfan Razack formally established Prestige Estates Projects Limited, expanding the family business from retail into real estate development. In the four decades since, the group built its reputation almost entirely within Bangalore before expanding outward. With 302 completed projects delivering 193 million square feet of developed area as of September 2024, Prestige Group has established itself as one of South India's premier real estate firms, earning the distinction of being the only developer with a CRISIL DA1+ rating for construction and development capabilities. When a developer of that scale chooses Bettenahalli — a village in Devanahalli Taluk, Bangalore Rural district — as the site for a multi-phase plotted township, the location choice itself carries signal.
Founded by Razack Sattar in 1986, Prestige has developed residential colonies and commercial spaces in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa, and Delhi-NCR. Notable projects include Prestige Shantiniketan, UB City, Prestige Golfshire, Prestige Lakeside Habitat, and The Prestige City. Bettenahalli marks the group's commitment to the NH-44 corridor of North Bangalore — an area with a distinctly different supply profile from the group's earlier high-density apartment launches.
Bettenahalli is a village located in Bangalore Rural District in Devanahalli Taluk of Karnataka. It has become the city's exciting real estate growth corridor, driven by reasonable prices and excellent connectivity. Prestige's instinct to enter here with a plotted product rather than an apartment block reflects a clear reading of the market: the main strength of this locality is the largest available lands. Compared to core city localities, this area has got good land resources.
The infrastructure arithmetic around Bettenahalli is straightforward. The project is located just off NH 44, a major national highway. This highway connects Bettenahalli to Hebbal, Yelahanka, and Kempegowda International Airport. The distance from Prestige Marigold to the airport is around 15 to 20 kilometres, and it takes about 25 to 30 minutes to reach the airport by car. The premise has near adjacency to Bangalore's International Airport, Manyata Tech Park, the upcoming Aerospace Park, Devanahalli Business Park, and upcoming SEZs of the KIADB area. For buyers whose work or travel anchors them to North Bangalore's employment clusters, the location removes a central friction.
Bettenahalli is connected to all areas of the city through roads like the Outer Ring Road, Satellite Town Ring Road, and IVC Road. The Satellite Town Ring Road and the proposed Peripheral Ring Road/Bengaluru Business Corridor are significantly improving regional connectivity, easing traffic, and opening up new development corridors around Bangalore, including Devanahalli. Public transport is expanding too: Prestige Marigold Phase 2 is located near Yelahanka, with quick access to Kempegowda International Airport just 16.6 km away, and the Yelahanka Metro Station is approximately 25 minutes from the site.
On the social infrastructure side, landmarks like Stonehill International School, the Padukone-Dravid Centre for Sports Excellence, and the Bangalore International Airport are all within 30 minutes. The project is right opposite Vidyashilp University in North Bangalore.
Prestige Group's township footprint at Bettenahalli now spans both phases of Prestige Marigold, collectively covering close to 105 acres. Phase 1 launched in October 2021, with a possession date of June 2023. Phase 2 launched on February 15, 2026, with a possession date of November 30, 2027. The sequencing matters: Phase 1 was not a pilot but a proof of concept. Phase 1 is fully sold out — now available only through resale — while Phase 2 is newly launched and available at market price.
Prestige Marigold Phase 2 is an infrastructure-ready plotted development by Prestige Group located off NH 44, Bettenahalli, Karnataka 562110. It is the upcoming phase of the successful plotted project, Prestige Marigold Phase 1. Spread across 49 acres, this Phase 2 features 716 residential plots. The Prestige Marigold Phase 2 RERA number is PRM/KA/RERA/1250/303/PR/171225/008346. The project has also received approvals from BBMP, BIAPPA, BDA, and BMRDC.
There are 716 plots ranging from 1,200 sq ft to 4,000 sq ft, including 30×40, 30×50, 40×60, 50×80, and odd-sized plots. This range is deliberate: it accommodates a buyer building a compact family home on a 30×40, as well as one planning a villa with setbacks and a garden on a 50×80. The plots are ample enough to accommodate 1, 2, 3, and 4 BHK units with sufficient parking and garden space, and buyers can plan for G+1 or G+2 floors.
The project has 35+ amenities that include a skating rink, a gym, party halls, a pet zone, a cafe, a park, a pool, and a spa. Prestige Marigold provides 60,000 sq ft of land area for the clubhouse and amenities, which include a swimming pool, multi-purpose hall, tennis court, and outdoor gym. Unlike most plotted layouts where a clubhouse is a checkbox, the 60,000 sq ft amenity footprint positions Marigold closer in character to a gated apartment community.
The internal infrastructure follows Prestige's standard for laid-out communities. The master plan features wide internal roads and landscaped green areas, modern water and power supply systems, and well-planned civic infrastructure and open spaces. The gated community includes underground cabling, water pipelines, a sewage system, rainwater harvesting, and 24/7 security. A Sewage Treatment Plant and Organic Waste Converter are installed and functioning.
The project offers luxury plots sized from 860 sq ft to 4,000 sq ft, with pricing between ₹1.02 Crores and ₹3.50 Crores. That positions Phase 2 as a mid-to-upper market product within the North Bangalore plotted segment — reflecting both the Prestige brand premium and the corridor's current trajectory.
In the last three years, property rates in North Bangalore have gone up by nearly 30%. Experts believe prices here could grow another 8–12% every year until 2027. As the region around Devanahalli continues to grow — with over ₹10,000 Crores of new investment expected in tech and logistics — these plots could gain value quickly.
The payment structure reflects standard Prestige terms for plotted launches. The payment is structured as 20% after 90 days of booking, 20% on amenities completion, and 60% at possession. Major banks including HDFC, ICICI Bank, Kotak Mahindra Bank, SBI, and Axis Bank have approved the project, which speeds up loan processing for buyers financing the purchase.
Bettenahalli and Prestige Marigold do not exist in isolation within the group's North Bangalore strategy. Among the group's notable projects in the broader northern corridor is Prestige Crystal Lawns — a gated plotted project on IVC Road, North Bangalore. Further out in Devanahalli, Prestige Gardenia Estates and its upcoming Phase 2 extend the same philosophy of branded, infrastructure-ready plotted townships along the NH-44 belt. Prestige Gardenia Estates is a new luxury apartment project in Yelahanka, featuring carefully designed 1, 2, and 3 BHK apartments. In Thanisandra, Prestige Camden Gardens is a premium residential apartment enclave serving buyers who prefer vertical living in North Bangalore. The cumulative presence across Yelahanka, Thanisandra, Devanahalli, and now Bettenahalli means Prestige has effectively constructed a continuum of inventory along North Bangalore's growth arc.
Prestige Group delivers over 5,000 homes and plots at The Prestige City in Bangalore and aims to hit ₹27,000 crore in sales bookings in FY26 — a 59% increase from the prior year. That sales velocity, sustained across multiple simultaneous launches, gives buyers in a project like Marigold Phase 2 confidence about construction momentum and handover certainty. Phase 1's on-schedule June 2023 possession is the most direct evidence available for the Bettenahalli site specifically.