Prestige Group's expansion into Hennur is best read as a Bangalore company returning to its own backyard. 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. The group still runs its operations from the city where it started, and North Bangalore's Hennur Road corridor is the latest stretch of that home city to draw its attention, alongside its established addresses in Whitefield, Sarjapur Road and Kanakapura Road.
Prestige's move into any new corridor is backed by a balance sheet and delivery record built over four decades. The company is listed on the BSE and NSE as Prestige Estates Projects Limited and operates from Prestige Falcon Tower on Brunton Road, Bengaluru. As of March 2025, the group had delivered 302 projects spanning 193 million square feet, with 63 ongoing projects covering 115 million square feet, 67 planned projects across 88 million square feet, and a 689 acre land bank. The business is led today by Chairman and Managing Director Irfan Razack, alongside Joint MD Rezwan Razack and Whole-time Director Noaman Razack. Prestige Estates Projects Ltd holds CRISIL's highest developer grade, DA1+, which reflects strong execution capability, financial stability and transparent documentation.
Hennur sits within a city where Prestige's imprint is already large-format and lake- or park-anchored. Anchor developments such as Prestige Shantiniketan in Whitefield, Prestige Lakeside Habitat in Varthur and the multi-city Prestige City projects in Bengaluru, Hyderabad and Indirapuram demonstrate this scale. Shantiniketan, on the eastern side of the city, was built as an integrated township in Whitefield, Bengaluru on a total of 105 acres... the largest fully constructed township in Bengaluru as of 2017, with a residential precinct of 67 acres including 24 high rise towers housing a total of 3002 apartments. Nearby, Prestige Lakeside Habitat was developed in the 2010s on a 102-acre site along Whitefield-Sarjapur Road, overlooking Varthur Lake, with 3,426 luxury apartments in 1, 2, 3, and 4 BHK configurations across multiple towers, with approximately 80% of the area dedicated to landscaped open spaces and green zones. The group has replicated this township format outside Karnataka too: in 2024 the company launched the largest single project in Hyderabad, The Prestige City Hyderabad, spanning over 13 million square feet. On the commercial side, the commercial vertical develops tech parks, SEZs and corporate campuses leased to global occupiers, and Prestige has completed 125 office projects comprising 50 million square feet, with 12 ongoing projects for 23 million square feet.
Hennur Road's pull for a developer of this scale lines up closely with the employment geography Prestige has built around elsewhere in the city. Hennur is a rapidly growing locality in North Bangalore, popular for its IT connectivity and improving infrastructure. The Outer Ring Road is accessible from Hennur through Thanisandra Road, a connection that puts Manyata Tech Park, Hebbal, and the northern arc of Bengaluru's technology employment within reasonable reach for residents. Rental demand is strong, driven by professionals from Manyata Tech Park, the single largest IT employer cluster in this part of the city. The arterial itself has already been upgraded to support this density: Hennur Road's six-lane signal-free upgrade was completed in phases between 2018 and 2022, and travel time from Manyata Tech Park to Kalyana Nagar is now 12-18 minutes during off-peak and 25-35 minutes at peak.
Hennur is one of several North Bangalore addresses where Prestige has built a presence over the years. The group also markets Prestige Windgates in Thanisandra, Prestige Misty Waters in Hebbal, Prestige Park Street in Devanahalli and Prestige Camden Gardens in Thanisandra, giving buyers who want a Prestige address in this belt several reference points beyond Hennur itself. Other national developers have also placed premium projects on this stretch in recent years, which is generally read locally as confirmation that the corridor's fundamentals — proximity to Manyata, arterial road access, and an established residential base — are sound enough to support large-ticket launches.
Connectivity on this corridor today runs almost entirely on road, and that is set to change materially within the next couple of years. The Blue Line is a 58.19-kilometre metro line running from Central Silk Board to the airport, passing through Hennur, and is being built in two phases: 2A (Silk Board to KR Puram) and 2B (KR Puram to airport, via Hebbal and Hennur). Until that line opens, residents rely on Hennur Main Road itself along with connecting arterials to Hebbal, the Outer Ring Road and NH-44 for their daily commute and airport access.
Hennur Road's pricing sits meaningfully below the city's most saturated tech corridors, which is part of why developers of Prestige's scale are extending product lines here rather than only in Whitefield or Sarjapur Road. Flat prices in Hennur Road, Bangalore are in the range of Rs 8,650-12,950 per square foot, and flat rates in Hennur Road changed by 12.8% in the last 1 year, 49.3% in the last 3 years, 82.8% in the last 5 years and 112.0% in the last 10 years. That pace of appreciation, layered on a base that remains lower than the established eastern corridors, is the arithmetic that underpins current developer interest in the belt.
Daily-life infrastructure on Hennur Road has matured alongside the residential build-out. Hospital access includes Aster CMI Hospital at Sahakar Nagar (8 km), Manipal Hospital Hebbal (6 km) and Columbia Asia Hospital and Bangalore Baptist Hospital on Bellary Road (7 km each). On the retail side, Phoenix Mall of Asia in Hebbal, opened in late 2023, is India's third-largest mall by gross leasable area and sits within a short drive of the corridor.
For a buyer evaluating a Prestige address specifically in Hennur, the relevant due diligence points are less about the developer's credentials, which are established over a nearly four-decade public record, and more about the corridor's own maturity curve: current road-based connectivity to Manyata and the Outer Ring Road, the pending Blue Line metro extension, and a price base that still trades at a discount to Bangalore's older IT corridors. Those are the same fundamentals that have driven Prestige's township-scale bets in Whitefield and Sarjapur Road over the past decade, now playing out on Hennur Road's own timeline.