Prestige Group Projects

Prestige Group projects in Electronic City Phase 2, Jigani, Bangalore

Prestige Group's Foothold in South Bangalore's IT Frontier

Prestige Group is an Indian real estate development company headquartered in Bangalore, founded in 1986 and active across Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa, and Delhi-NCR. CRISIL has consistently rated Prestige DA1+ — the highest developer grade in India — a rating no other Indian real-estate company currently holds, reaffirmed as recently as March 2026. In FY26, the group recorded total sales of ₹30,024.5 crore, up 76% year-on-year, with collections of ₹18,515 crore and 11,692 homes sold.

The group began with its first project, Prestige Court, at KH Road in Bangalore in 1985. Beyond residential, Prestige operates a substantial commercial, retail and hospitality portfolio including the UB City premium retail destination in Bengaluru, the Forum mall chain with 13 completed malls totalling 10 million sq ft, Marriott/Hilton/Sheraton-branded hotels, and IT-park developments leased to Fortune 500 occupiers. This breadth of asset classes — and the financial stability it underwrites — is directly relevant for a residential buyer: the same organisation managing five-star hotels and major IT parks is overseeing the construction and long-term maintenance of its gated communities.

As of 2026, Prestige Group is active in 13 Indian cities with Bengaluru remaining its flagship market and the location of its largest project portfolio. Within Bangalore, the group's project map now extends southward into Electronic City Phase 2 and the adjoining Jigani belt — a deliberate move into one of the city's fastest-moving residential corridors.

Why Prestige Entered Electronic City Phase 2 and Jigani

Electronic City recorded 29–43% year-on-year price appreciation in 2025, currently outpacing both Sarjapur Road and Whitefield in growth rate, driven by metro completion, the Elevated Expressway, and a rapid influx of premium developers. The Jigani-Bommasandra Link Road — home to Prestige Suncrest — is seeing rapid development from top-tier builders.

Electronic City Phase 2 is connected to central Bengaluru by the elevated expressway on Hosur Road, which has significantly reduced travel time, while the NICE Ring Road connects the area to Mysore Road, Kanakapura Road, and Tumkur Road. The Huskur Road metro station on the Yellow Line opened in August 2025, providing elevated connectivity between RV Road and Delta Electronics Bommasandra. The Bommasandra Metro Station on the same Yellow Line is the closest station to the Jigani pocket where Prestige Suncrest sits.

Flat prices in Electronic City, Bangalore range from ₹5,450 to ₹10,250 per sq ft, with flat rates having appreciated 24.4% in the last one year and 51% over the last three years. The Jigani-Bommasandra corridor is currently priced 30–40% below the Electronic City core, which positions it as an early-entry opportunity in a recognised growth belt. Prestige's entry here — through a RERA-approved project on a named survey parcel — signals the developer's own assessment of the corridor's trajectory.

The location is close to major companies including Infosys, Wipro, TCS, and Tech Mahindra. Many people working in companies like Infosys, Wipro, Tech Mahindra, and HCL prefer to live in the Electronic City area. This employment concentration — spread across both Phase 1 IT campuses and the Jigani–Bommasandra industrial belt — creates structural rental demand that makes owner-occupiers and investors read the same fundamentals.

Prestige Suncrest: The Current Offering

Prestige Suncrest is a residential apartment project by Prestige Group, located in Jigani, Electronic City, Bangalore, spread across 5.8 acres of land. Tower 1 rises to G+26 floors and Tower 2 to G+25 floors, with a total of 437 apartments available in 1 BHK, 2 BHK, 3 BHK, and 3.5 BHK configurations. Apartment sizes range from 661 sq ft to 2,005 sq ft, with prices starting at ₹70 lakhs for 1 BHK, ₹1.25 crore for 2 BHK, and up to ₹2.1 crore for 3 BHK units.

The project is RERA approved (PRM/KA/RERA/1251/308/PR/170225/007512), launched in February 2025, and due for possession by October 2028. Construction began on April 1, 2025.

Prestige Suncrest is located in Electronic City Phase 2, near Jigani and Thirupalya Lake. With 80% open space, a 30,000 sq ft clubhouse, and lake-facing surroundings, the project is positioned near major tech campuses. Amenities include a clubhouse, swimming pools, jogging and cycling tracks, sports courts, a mini-theatre, a gym, wellness and spa facilities, a pet corner, urban farming areas, and dedicated spaces for senior citizens.

The exact location of the project is Survey Number 30, Jigani–Anekal, Electronic City, Bengaluru, Karnataka 560099. State Highway SH 87 is 2 km from the project site, connecting key locales including Bannerghatta, Jigani, and Anekal. The premise is 5 minutes from Bommasandra Metro Station (2.5 km). Heelalige Railway Station is 7.2 km from the project location.

Prestige Group's Broader Commitment to the Jigani–South Bangalore Belt

Prestige Suncrest is not the group's only expression of confidence in this part of South Bangalore. Prestige Kings County is a large-scale plotted community in Jigani, off Bannerghatta Road, covering 73 acres with 875 plots sized from 1,200 to 4,000 sq ft, priced between ₹1.02 crore and ₹2.55 crore. Its RERA number is PRM/KA/RERA/1251/308/PR/290624/006936. This plotted development complements the apartment format of Prestige Suncrest, giving the Jigani pocket two distinct Prestige product types — for buyers who prefer freehold land and those who want a managed high-rise gated community.

Prestige Group's FY26 expansion plan covers over 44.80 million sq ft across India, with Bangalore contributing a major share. South Bangalore is identified as one of the micro-markets that will dominate the pipeline. For a buyer evaluating Prestige Suncrest today, that pipeline context matters: the group is not making a one-off entry into this corridor but is building a sustained presence that will support resale liquidity over the medium term.

Social Infrastructure Around the Project

  • IT Campuses: Major IT parks close to the project location include Tech Mahindra, Hewlett-Packard, C-Dot, Siemens, Infosys, and TCS.
  • Schools: Delhi Public School and Treamis World School are among the schools nearby, relevant for families with children.
  • Hospitals: Apollo Hospitals and Narayana Health are accessible from the project location.
  • Retail: Forum Mall and Royal Meenakshi Mall are within a short drive.
  • Green and Recreational: Bannerghatta Biological Park, spread over 731.88 hectares and featuring a safari, zoo, and butterfly park, is 15.8 km from the project.

What the CRISIL DA1+ Rating Means for a Buyer Here

CRISIL's DA1+ is the highest developer grade in India and a rating no other Indian real-estate company currently holds. As of 2025–26, Prestige Estates Projects Ltd holds CRISIL's DA1+ grade, which reflects strong execution capability, financial stability, and transparent documentation — reaffirmed again in 2025, making Prestige the only real estate company in India to hold this rating. In a developing corridor like Electronic City Phase 2 and Jigani, where builder quality varies considerably among the projects on offer, this independently verified financial and execution credential distinguishes a Prestige purchase from alternatives at a similar price point.

Frequently Asked Questions

What is Prestige Group's current project in Electronic City Phase 2, Jigani, and what does it offer?+
Prestige Suncrest, launched in February 2025, is spread across 5.8 acres at Survey Number 30, Jigani–Anekal, Electronic City (PIN 560099). It comprises 437 apartments across two towers (G+26 and G+25 floors) in 1, 2, 3, and 3.5 BHK configurations ranging from 661 sq ft to 2,005 sq ft. Prices start at ₹70 lakhs for 1 BHK and go up to ₹2.1 crore for 3 BHK. Possession is scheduled for October 2028.
Is Prestige Suncrest RERA approved, and what is the registration number?+
Yes. Prestige Suncrest holds RERA approval from Karnataka RERA with registration number PRM/KA/RERA/1251/308/PR/170225/007512, registered in February 2025. Construction commenced on April 1, 2025.
How is Electronic City Phase 2 and Jigani connected to the rest of Bangalore?+
The area is served by the Hosur Road (NH-44) Elevated Expressway, NICE Ring Road, and State Highway SH 87. The Bommasandra Metro Station on the Namma Metro Yellow Line is approximately 3.2 km from Prestige Suncrest. The Yellow Line metro became operational in August 2025, connecting the corridor to RV Road and central Bangalore.
What has been the price appreciation trend in Electronic City, and how does the Jigani pocket compare?+
Electronic City recorded 29–43% year-on-year price appreciation in 2025, outpacing Sarjapur Road and Whitefield. Flat prices across Electronic City broadly range from ₹5,450 to ₹10,250 per sq ft. The Jigani-Bommasandra corridor, where Prestige Suncrest is located, is currently priced 30–40% below the Electronic City core, offering earlier entry pricing on the same growth story.
Does Prestige Group have other projects in or near Jigani beyond Prestige Suncrest?+
Yes. Prestige Kings County is a 73-acre plotted development in Jigani, off Bannerghatta Road, offering 875 plots from 1,200 to 4,000 sq ft priced between ₹1.02 crore and ₹2.55 crore (RERA: PRM/KA/RERA/1251/308/PR/290624/006936). This gives buyers two distinct product formats from Prestige in the same micro-market — apartments at Suncrest and freehold plots at Kings County.
Why does Prestige Group's CRISIL DA1+ rating matter specifically for a buyer in this corridor?+
The CRISIL DA1+ is the highest developer grade awarded in India and is currently held exclusively by Prestige Group among all Indian real estate companies, reaffirmed in March 2026. In a developing corridor like Jigani where builder quality varies widely, this independently verified rating confirms Prestige's financial stability and execution track record — directly relevant to construction timelines and handover quality.
×
Express Your Interest