Prestige Group Projects

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

PRESTIGE SUNCREST
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

How well is Electronic City Phase 2, Jigani connected to the rest of Bengaluru?+
Electronic City Phase 2, Jigani gained direct metro access when the Namma Metro Yellow Line was inaugurated on 10 August 2025, running 19.15 km fully elevated from RV Road to Bommasandra across 16 stations. The NICE Road corridor connects Phase 2 to Mysuru Road, Tumakuru Road, Bannerghatta Road, and Kanakapura Road, serving as a key arterial lifeline for residents. The Electronic City Elevated Expressway — a 9.985 km four-lane corridor from Silk Board — has been operational since January 2010 and cuts the drive from Silk Board to Wipro Gate to roughly 30 minutes.
What schools and hospitals are available near Electronic City Phase 2, Jigani?+
Schools in the vicinity include VIBGYOR High School, Sri Chaitanya School, Sorsfort International School, Xavier Institute of Management and Entrepreneurship, and IFIM Business School. On the healthcare side, Springleaf Hospital, Narayana Hrudayalaya, and Vimalalaya Hospital serve residents in and around Phase 2. Mazumdar Shaw Medical Center and the Narayana Institute of Cardiac Sciences near Bommasandra are also within a few kilometres, giving the locality access to tertiary cardiac and oncology care.
What types of housing are available in Electronic City Phase 2, Jigani?+
The micro-market carries a broad mix — apartments and flats, residential plots, villas, and builder floors — giving buyers a wide range of formats to choose from. Within the apartment segment, configurations range from compact 2 BHKs to larger 3 BHK units and premium 4 BHK formats, allowing Phase 2 to serve multiple buyer segments. The supply has evolved from standalone apartment blocks to large-scale township offerings with multiple towers, open greens, clubhouses, and retail hubs.
Who is the typical buyer or resident in Electronic City Phase 2, Jigani?+
The locality sits inside Bengaluru's primary IT belt, which houses approximately 200 IT and ITES company campuses including Infosys, Wipro, TCS, HCL, Tech Mahindra, and Biocon. Phase 2 offers a broader portfolio spanning budget-friendly apartments to premium gated communities, making it suitable for first-time buyers, growing families, and investors alike. While Phase 1 appeals to professionals seeking proximity to employment hubs, Phase 2 attracts families and long-term residents seeking space and a quieter living environment.
What are the shopping and retail options near Electronic City Phase 2, Jigani?+
The area is served by D-Mart and Mahindra Millennium Mall, and in late 2024 the M5 E-City Mall opened, anchored by a Lulu Hypermarket and also featuring fashion stores, food courts, and a cinema. Larger regional malls — Royal Meenakshi Mall in Hulimavu at 15 km, Vega City Mall in BTM Layout at 16 km, and Gopalan Innovation Mall in JP Nagar at 16 km — are reachable in approximately 40 minutes.
What is the general price positioning for property in Electronic City Phase 2, Jigani?+
Broadly, 1 and 2 BHK apartments in Phase 2 are available from approximately ₹45–70 lakh in mid-segment gated communities, while 2.5 and 3 BHK units range from roughly ₹75 lakh to ₹1.2 crore in well-amenitised projects. South Bengaluru corridors including Electronic City recorded compounded price growth of 20–30 percent between 2019 and 2024, yet Phase 2 prices remain lower than comparable units on the Outer Ring Road or in Whitefield. Apartment prices in Electronic City Phase 2 appreciated 13.8 percent in the last one year, reflecting sustained end-user demand.
How has the Namma Metro Yellow Line changed commuting from Electronic City Phase 2, Jigani?+
Since its August 2025 launch, the Yellow Line connects Hebbagodi in Phase 2 directly to RV Road, where riders can interchange to the Green and Purple lines serving the wider Bengaluru network. The Konappana Agrahara station was built with ₹115 crore in funding support from the Infosys Foundation, and includes a direct foot over bridge connecting the metro directly to the Infosys campus. Combined with NICE Road and the Elevated Expressway, the Yellow Line has established Phase 2 as a strategically connected hub for both end-users and investors in South Bengaluru.
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