Panathur, tucked off the Outer Ring Road between Marathahalli and Bellandur, is one of the pockets of East Bangalore where Prestige Group has built both a commercial and a residential presence rather than a single, isolated project. Prestige Featherlite Tech Hub marks Prestige Group's commercial entry into the Panathur / Kadubeesanahalli corridor, spanning approximately 9.1 acres and offering 387 office units ranging from around 2,500 sq ft and upwards. The developer's choice of this stretch is not incidental: it sits directly on the Outer Ring Road belt that already carries several of Prestige's own tech parks a short drive away.
Prestige Featherlite Tech Hub, developed by PRESTIGE ESTATES PROJECTS LTD, officially launched on 01-Apr-2022 and expected to complete by 30-Sep-2025. The project comprises 3 towers and offers unit sizes ranging from 129 to 12,874 square feet across a total area of 9.10 acres. It is registered under RERA No. PRM/KA/RERA/1251/446/PR/140222/004707. Office spaces at Prestige Featherlite Tech Hub are priced at around ₹3.25 Cr, with unit sizes starting from 2,500 sq ft. The project is designed for flexible warm-shell delivery, tailored for IT, finance, startups, and shared services firms looking for scalable, future-ready workspaces in a growing tech corridor.
The Panathur-Kadubeesanahalli region is a fast-growing tech and commercial corridor with limited premium-grade commercial offerings, and Featherlite Tech Hub is one of the first large-scale, RERA-approved, amenity-rich office campuses in the area. It stands alongside other Prestige-built commercial addresses in the immediate belt, including Prestige Tech Park, Prestige Tech Pacific, and Embassy Tech Village nearby.
Prestige Group's Panathur presence is not limited to office space. Prestige Green Gables, on Panathur Road near Kadubeesanahalli, is the group's residential answer in the same micro-market. The project covers 5.51 acres and has 406 residential units, offered as 1, 3, and 3.5 BHK apartments priced roughly between 67 lakhs and 1.94 crores. Listed rates for the project have since moved to around ₹18,200 per sq ft, among the top premium housing societies tracked in Panathur. One recent resale listing for a 3-bedroom unit in the project noted its prime location adjoining Kodibeesanahalli metro station and right next to ORR.
Panathur's relevance to a Prestige buyer is inseparable from its position on the Outer Ring Road. The corridor lies close to the Outer Ring Road, ensuring connectivity to Marathahalli, Bellandur, Whitefield, and Sarjapur Road. Public transit is improving in step: nearby KMTC bus routes serve Kadubeesanahalli and surrounding areas, and the Kodibeesanahalli metro station on the upcoming Blue Line is expected to boost last-mile access, though its opening date has moved; the station is now slated to become operational in December 2026. Wider metro completion is also being watched by the market: the Blue Line, the ORR-Airport metro line, is scheduled for completion by December 2027.
The employment base around Panathur is a direct extension of Prestige Group's own commercial portfolio in Kadubeesanahalli. Prestige Tech Park, developed by Prestige Group along the Outer Ring Road, is a Grade-A SEZ complex occupying approximately 22 acres. It hosts global enterprises such as Oracle India, JP Morgan Chase, Cognizant, Capgemini, Akamai, Mindtree, Mphasis, and Siemens, and the same corridor holds IT companies like JP Morgan Chase, Adobe, and Nutanix Technologies, followed by Prestige Tech Park containing corporate and IT companies such as CoinSwitch, Amadeus Software Labs, Juniper Networks, and Oracle Tech Hub. This employment density is exactly the demand base Featherlite Tech Hub is built to serve, and the same base of resident professionals is what has sustained apartment absorption at Green Gables.
Panathur's residential rates have moved sharply in recent years. Flat prices in Panathur are in the range of Rs 14,700-18,550 per sq ft, with the average property rate for flats standing around Rs 15,400 per sq ft. Flat rates in Panathur changed by 26.2% in the last 1 year, 123.2% in the last 3 years, and 121.6% in the last 5 years. Within that curve, Prestige-branded stock has tracked at the upper end of the range rather than the average, consistent with the group's positioning of its Panathur assets as premium rather than mass-market.
| Segment | Indicative Rate |
|---|---|
| Panathur locality average (flats) | ₹15,400/sq ft |
| Panathur locality range | ₹14,700-18,550/sq ft |
| Prestige Green Gables | ~₹18,200/sq ft |
Buyers evaluating a Prestige property in this belt are also buying into an established social layer. Established hospitals such as Sakra World Hospital, schools including Orchids International School, and retail destinations such as Central Mall sit within the immediate catchment, alongside the broader Marathahalli-Bellandur retail and hospitality stretch that has grown up around the ORR IT parks.
Prestige Group is an Indian real estate development company headquartered in Bangalore, founded by Razack Sattar in 1986, listed on the BSE and NSE as Prestige Estates Projects Limited. 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. The group's signature approach combines scale with institutional discipline, and Prestige Estates Projects Ltd holds CRISIL's highest developer grade, DA1+, reflecting strong execution capability, financial stability and transparent documentation.
Within this national portfolio, Panathur and the adjoining Kadubeesanahalli stretch represent one of Bangalore's denser clusters of Prestige assets, spanning IT parks, a warm-shell tech campus, and mid-to-premium residential apartments within a few kilometres of each other along the ORR. For a buyer, that concentration means the Prestige name in this locality is backed by a visible, multi-project track record rather than a single standalone launch.