Prestige Group Projects

Prestige Group projects in Gunjur, Bangalore

Prestige Group's Footprint in Gunjur

Gunjur, a village-turned-residential-micro-market on the eastern edge of Bangalore, carries one of the denser concentrations of Prestige Group addresses outside the developer's home turf in central Bangalore. The group's presence here spans residential townships, a commercial tower, and a mixed-use development, built up over roughly a decade rather than a single launch cycle. Prestige Group is one of the most successful real estate developers in India, with its headquarters in Bangalore, established in 1986 by a group of enthusiastic people under the direction of Razack Sattar, and the company's decision to anchor multiple projects in and around Gunjur Village reflects a long-running read on the Whitefield-Sarjapur growth corridor rather than a one-off land parcel.

Prestige Lakeside Habitat, developed by the Prestige Group, is one of India's leading real estate developers, spread over a total land area of 102 acres, making it one of the largest townships in the area. It is Bangalore's first and only Disney-themed residential development, registered under Karnataka RERA with registration number PRM/KA/RERA/1251/446/PR/170915/000176. Developed by Prestige Group, it is Bangalore's first and only Disney-themed residential development, and the project's scale on SH 35 in Devasthanagalu, Gunjur Village, established the developer's earliest and largest single commitment to this address. The site houses 24 towers comprising 3,426 premium apartments and 271 villas in different sizes, with many amenities designed for residents, and roughly 80 percent of the 102 acres has been retained as landscaped green area.

Prestige Group followed Lakeside Habitat with a second, more recent residential launch on the same stretch. Prestige Lavender Fields is located in Gunjur, off Varthur Road, spanning 18.25 acres across six towers with G+31 and G+32 floors, offering 1, 2, 3, and 4 BHK apartments. The project's launch date was April 2023, with possession of units expected to begin in June 2027 onwards. A third residential project, Prestige Serenity Shores, sits on the Marathahalli-Sarjapur Road stretch of Gunjur Village, with completion slated for August 2027, and is positioned close to both Lakeside Habitat and Lavender Fields within the same micro-market.

A Commercial Anchor Alongside the Residential Push

Prestige Group's interest in Gunjur is not limited to housing. Prestige Tech Habitat sits over 5 acres at Gunjur Village in East Bangalore, with a tower housing 307 units ranging from 1,865 to 2,459 square feet. The RERA Board of Karnataka has cleared the project, with registration number PRM/KA/RERA/1251/446/PR/190723/006078, and the date of completion is set for May 31, 2026. Pairing an 18-floor commercial tower with its residential townships in the same locality is consistent with the group's broader model of building employment nodes near its housing stock, reducing commute friction for residents who work locally.

Why the Developer Chose This Stretch of East Bangalore

Gunjur's appeal to a developer of Prestige's scale is tied directly to its position between two established employment belts. Gunjur sits at the intersection of four of Bengaluru's most critical arterial corridors: Sarjapur Road connecting to Electronic City, Koramangala, and HSR Layout; Varthur Road providing direct access to Whitefield and the EPIP Zone; the Outer Ring Road linking to Marathahalli, Bellandur, and Hebbal; and Panathur Road enhancing access to Kadubeesanahalli and Doddanekundi. Gunjur is close to major IT hubs like Whitefield, Electronic City, and Marathahalli, and is easily accessible from Varthur Road, which connects to major highways. For a developer whose Bangalore portfolio leans heavily on IT-adjacent townships, this junction of corridors is exactly the kind of positioning that has underpinned projects such as Lakeside Habitat and Lavender Fields.

Infrastructure upgrades already underway add to the case. The Peripheral Ring Road, when completed, will be a 116-km ring connecting Tumkur Road in the west to Hosur Road in the south via the eastern corridor, directly impacting Gunjur's accessibility matrix. The Purple Line extension to Whitefield (Kadugodi) is operational, bringing Metro connectivity within 6 to 8 km of Gunjur, and phase 3 of Namma Metro is expected to further enhance connectivity once operational.

Price Trends and Demand Drivers

Gunjur's pricing trajectory has moved in step with this connectivity story. Gunjur offers apartments at an average price of around ₹12,300 per square foot, with a 17.1 percent year-on-year change in price. Rental yields range between 3.8 to 5.5 percent, with average apartment prices around ₹10,950 per square foot, making the locality a stable income-generating asset rather than a purely speculative one. Within Prestige's own portfolio here, resale values on the completed Lakeside Habitat have moved well past original launch pricing, a pattern that supports the case for the newer, under-construction Lavender Fields and Serenity Shores as the corridor matures.

The underlying demand comes from the same IT-employment base that drove the developer's original decision to build here. The concentration of global technology companies along the Outer Ring Road, Whitefield, and Sarjapur corridors has created demand for proximate, high-quality residential options, and Gunjur is precisely that adjacent market for both the Whitefield and Sarjapur employment zones.

Social Infrastructure Around the Prestige Addresses

Schools and healthcare facilities have grown alongside the housing stock. Families are increasingly choosing this corridor because of the concentration of some of Bangalore's known schools, including Greenwood High, Inventure Academy, Oakridge International, and The International School Bangalore (TISB), all within a short drive. Chrysalis High School sits directly opposite the Lakeside Habitat township, and hospitals in the vicinity include Government Hospital and other established health centres near the project. Neighbouring developments in the same stretch include Prestige Serenity Shores, Prestige Lavender Fields, Candeur Novo Gardenia, Brigade Cornerstone Utopia, and Prestige Shantiniketan in Whitefield, situating the Prestige addresses within an established, multi-developer residential cluster rather than an isolated launch.

What This Means for a Prestige Buyer in Gunjur

A buyer evaluating a Prestige Group home in Gunjur is looking at a developer with an already-delivered flagship in the locality, an active pipeline of newer launches on the same road, and a commercial tower designed to bring employment closer to its own residential base. The township is the work of Prestige Group, the only CRISIL DA1+ rated real estate developer in India, amongst the most prominent real estate developers with almost four decades of experience. That combination of scale, delivery track record in this specific locality, and continuing investment in Gunjur separates the developer's offering here from single-project entrants in the same micro-market.

Frequently Asked Questions

What Prestige Group projects are located in Gunjur?+
Prestige Group's Gunjur footprint includes Prestige Lakeside Habitat, a 102-acre Disney-themed township with apartments and villas; Prestige Lavender Fields, an 18.25-acre residential project launched in April 2023; Prestige Serenity Shores, a newer residential launch on Marathahalli-Sarjapur Road; and Prestige Tech Habitat, a commercial tower on a 5-acre site.
Why has Prestige Group focused on Gunjur specifically?+
Gunjur sits at the junction of Sarjapur Road, Varthur Road, the Outer Ring Road, and Panathur Road, placing it within easy reach of Whitefield, Marathahalli, Bellandur, and the Sarjapur IT belt, which aligns with Prestige's broader strategy of building large townships near established employment corridors.
Is Prestige Lakeside Habitat ready to move in?+
Yes. Prestige Lakeside Habitat is a completed, ready-to-move township spread over 102 acres with 24 towers, roughly 3,400 apartments, and 271 villas, developed around a Disney-themed landscape.
What is the price trend for apartments in Gunjur?+
Gunjur has seen average apartment prices near ₹12,300 per square foot with about 17.1 percent year-on-year appreciation, alongside rental yields of roughly 3.8 to 5.5 percent, reflecting steady demand from the adjoining IT corridors.
How well connected is Gunjur to Bangalore's IT hubs?+
Gunjur connects to Whitefield via Varthur Road, to Electronic City, Koramangala, and HSR Layout via Sarjapur Road, and to Marathahalli, Bellandur, and Hebbal via the Outer Ring Road, with the Purple Line metro extension to Kadugodi bringing rail connectivity within 6 to 8 km.
What social infrastructure exists near Prestige Group's Gunjur projects?+
Schools such as Chrysalis High, Greenwood High, Inventure Academy, Oakridge International, and TISB are within a short drive, along with hospitals and retail facilities that have expanded alongside the residential growth in the locality.
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