Prestige Group needs little introduction in Bangalore. Founded by Razack Sattar in 1986 and headquartered in Bangalore, Prestige has delivered residential and commercial developments across Bangalore, Chennai, Kochi, Hyderabad, Mumbai, Mangalore, Goa, and Delhi-NCR. The group has completed over 313 projects covering more than 206 million sq. ft. What is less commonly noted is how deliberately the developer has moved into Devanahalli and the IVC Road belt — an area that has structurally changed since the Kempegowda International Airport opened and that now sits at the centre of North Bangalore's next growth cycle.
Prestige is the only real estate firm in India to hold a CRISIL DA1+ grading, and it also carries a credit rating of ICRA A+. For buyers evaluating a pre-launch or under-construction plotted development, those two ratings matter in a practical way: they speak to the developer's capacity to finish what it starts. The group is listed on the BSE and NSE as Prestige Estates Projects Ltd, with operations across 9 states and 13 cities, more than 350 completed projects spanning 180+ million sq. ft., and 46 million sq. ft. currently under development across 35 active sites.
Prestige Greenbrook is a plotted enclave by Prestige Group, located on IVC Road, Devanahalli, North Bangalore, spread across 30-plus acres. The community offers 325 thoughtfully designed plots, each maximising privacy, natural light, and scenic views. Plot sizes range from 1,500 to 2,400 sq. ft., with custom sizes also available. Pricing is set at ₹9,000 per sq. ft. plus applicable PLCs and taxes.
The project is RERA registered under number PRM/KA/RERA/1250/303/PR/260925/008123. The expected possession date is 1 March 2027 as per RERA.
What separates Greenbrook from a standalone residential layout is its structured amenity layer. The project is designed for sustainable living, with rainwater harvesting, solar lighting, and organic gardens. Infrastructure within the community includes wide asphalted roads, underground power and water lines, dual water supply, sewage treatment plants, and rainwater harvesting systems. Leisure facilities include a clubhouse, jogging track, multipurpose court, cricket practice pitch, yoga zone, skating rink, amphitheatre, pet park, and a seasonal garden — making it function as a gated community rather than a bare plot layout.
The project's address is IVC Road, Singarahalli, Devanahalli, Bengaluru, and Vidyashilp University sits approximately 1.2 km away. Devanahalli Railway Station is roughly 11 km from the site, and the upcoming Doddajala Metro Station is approximately 11.5 km away, reachable via IVC Road in about 19 minutes.
IVC Road is one of North Bangalore's fastest-growing real estate belts, and with its proximity to Kempegowda International Airport and connectivity through the Satellite Town Ring Road (STRR), the corridor is positioned to benefit from both residential and commercial growth. The project also benefits from access via NH 75, NH 207, and NH 44.
The broader Devanahalli economy underpins that location thesis. The KIADB Aerospace Park at Devanahalli hosts names such as Rolls-Royce, Boeing, Airbus, Collins Aerospace, Dynamatic Technologies, HAL, Wipro Infrastructure Engineering, and Centum Electronics. Devanahalli Business Park spans over 400 acres, expected to house IT, biotech, and aerospace firms, while the KIADB Aerospace SEZ already hosts major players; employment generation from this zone is projected to exceed 80,000 jobs in the next five years. That volume of employment demand generates sustained housing absorption — the precise condition that makes a plotted township viable for both self-use and long-term holding.
Upcoming infrastructure projects such as the Satellite Town Ring Road (STRR) and the extension of Namma Metro Phase 2B toward Devanahalli are set to enhance connectivity further. Kempegowda International Airport handled over 37 million passengers in 2024, driving residential and hospitality demand across the airport belt in ways that have already been measured in land values.
As of 2025, residential property prices in Devanahalli range between ₹4,500 and ₹7,500 per sq. ft., depending on location, property type, and builder reputation. Plotted developments continue to be especially popular, with land prices typically ranging from ₹50 lakh to ₹1.5 crore, depending on plot size and proximity to prime areas. At Prestige Greenbrook's pricing of ₹9,000 per sq. ft. for plots ranging from 1,500 to 2,400 sq. ft., the absolute ticket size sits in the ₹1.35–₹2.16 crore range — broadly consistent with the upper end of the Devanahalli plotted market, but carrying the Prestige brand, a RERA-registered title, and a fully serviced township format.
Over the past five to seven years, Devanahalli's property values have appreciated steadily by around 8% to 12% annually, a rate driven first by the airport and subsequently by industrial and aerospace investment. Even during the Covid-19 period (2020–2021), while most of Bangalore's real estate market slowed, Devanahalli remained relatively stable, especially for plotted developments; post-pandemic, there has been a sharp resurgence in demand, driven largely by NRIs, HNIs, and long-term investors seeking growth corridors.
Prestige Greenbrook is not the group's first move into the Devanahalli and North Bangalore zone. The developer has been building in the airport belt since the Prestige Finsbury Park project at KIADB Aerospace Park, Gummanahalli — Prestige Finsbury Park – Hyde, for instance, is located at Aerospace Park, Gummanahalli, Bagalur, approximately 19 km from Devanahalli — establishing that this is a sustained strategic commitment, not opportunistic land speculation. Prestige Gardenia Estates, a residential apartment project, is also positioned in Yelahanka near Devanahalli, covering 12 acres and offering 1, 2, and 3 BHK apartments.
The pattern that emerges across these North Bangalore addresses is consistent with how Prestige has historically operated in Bangalore: Bangalore accounts for 40% of Prestige's total deliveries, with the longest operating history dating back to 1986. The developer has tended to enter a corridor early, establish infrastructure-grade communities, and deepen its presence as the surrounding locality matures. Devanahalli and IVC Road are now at that inflection point.
