Prestige Group's entry into Singahalli follows a pattern the Bengaluru-headquartered developer has repeated across North Bangalore for close to a decade: place residential product close to the employment corridor forming around Kempegowda International Airport. Singahalli itself is a small North Bangalore locality near Bagalur, and one long-standing local directory records the Bengaluru International Airport 5 KM near its boundary, which is precisely the kind of proximity that has anchored Prestige's recent North Bangalore land moves.
Prestige's project pipeline in this stretch of the city already spans Bettenahalli, Devanahalli, Yelahanka and the IVC Road belt. In Bettenahalli, off NH-44, the group has developed Prestige Marigold Phase 2 is a premium 55-acre gated plotted development located off NH-44 in Bettenahalli, North Bangalore. Closer to the airport, Prestige Park Drive is an upcoming gated community plotted project by Prestige Group in Devanahalli, North Bangalore, spread over a vast expanse of 28 acres of master plan, featuring 468 plots, only 7 Km away from the airport. Further east, Prestige Finsbury Park is a premium housing venture located next to Aerospace Park in Gummanahalli, North Bengaluru, with its master plan spread across 25 acres. Singahalli, sitting within this same North Bangalore arc, is a logical next address for the group.
Prestige Group's credibility in a locality like Singahalli rests on a body of work built over nearly forty years in this city. The company is an Indian real estate development company headquartered in Bengaluru, founded in 1986 by Abdul Razack Sattar as an extension of his earlier retail business established in 1950, and now led by his sons Irfan Razack (Chairman and Managing Director), Rezwan Razack, and Noaman Razack. Its scale by 2024 was already substantial: with 302 completed projects delivering 193 million square feet of developed area as of September 2024, Prestige Group has established itself as one of South India's premier real estate firms, earning the distinction of being the only developer with a CRISIL DA1+ rating for construction and development capabilities. Bengaluru remains the group's home base and largest market; among its landmark Bengaluru developments are Prestige Shantiniketan, UB City, Prestige Golfshire, Prestige Acropolis, The Forum, The Forum Value, The Forum Vijaya, The Celebration Mall, Prestige Lakeside Habitat, The Prestige City and Prestige Kingfisher Towers. The company's shares trade publicly, and its growth has continued through 2025: in FY25, sales bookings reached approximately ₹17,000 crore, with H1 FY26 sales at ₹18,144 crore as of September 2025.
Singahalli's relevance to a Prestige buyer is inseparable from what has been happening in the wider Devanahalli-Bagalur corridor over the last two years. Kempegowda International Airport's 2008 relocation set off a slow build-up of industrial and technology investment that has since accelerated sharply. Foxconn commenced operations of iPhone 17 production at a new facility in Devanahalli in August 2025, representing a strategic investment of $2.8 billion, and government officials have confirmed the plant already employs tens of thousands of workers. Alongside it, SAP's Innovation Park at Devanahalli, opened in 2025, welcomed 3,200 employees in its first phase alone, with full completion expected to house nearly 14,000 people, backed by an investment of 194 million euros. The aerospace cluster has deepened further, with Boeing's India Engineering and Technology Centre, inaugurated in 2024, occupying 43 acres and representing a 1,600 crore rupee investment, while Airbus, Rolls-Royce, GE Aviation and Safran have established presence in the Devanahalli Aerospace SEZ. This employment build-up has translated directly into residential appreciation: micro-markets like Devanahalli, Hebbal and Thanisandra have appreciated 15 to 28 percent over the past three years as office absorption in North Bengaluru scaled from under 3 million square feet annually in 2018 to over 8 to 10 million square feet by 2024-25. It is this employment-led demand base that Prestige is positioning its Singahalli, Marigold, Park Drive and Finsbury Park addresses against.
Singahalli falls under the Bangalore North taluk and is administratively part of the Byatarayanapura assembly constituency, with the nearby post office at Bagalur. Road access into the city runs primarily through Bellary Road, and public transport is currently served by BMTC buses rather than metro: Singahalli is connected to the main city of Bangalore through various roads, including Bellary Road, and doesn't have any metro connectivity, but is served by the BMTC bus network. The area's positioning close to the airport and the aerospace-industrial belt is a recurring theme in how the locality is described: Singahalli is strategically located close to various tech parks, making it a sought-after locality, and is well-connected via a vast road network, including the upcoming Airport Road. Land uses around Singahalli remain a mix of plotted layouts, independent houses and newer apartment development, reflecting an area still in transition from a rural fringe to a residential extension of the airport economy: the area offers a variety of property types, predominantly residential plots, and also includes apartments and independent houses/villas.
Within this setting, Prestige Singahalli is positioned as a residential development offering 3 and 4 BHK apartment configurations, aimed at families seeking space within commuting distance of the airport corridor's job centres. Public project listings describe it consistently along these lines: Prestige Singahalli is an exciting residential project located in the peaceful area of Singahalli, Bangalore, offering luxurious 3 and 4 BHK apartments, ideal for families looking for spacious and comfortable living spaces in a prime location. The project draws on the same green-space and amenity-led design language Prestige applies across its North Bangalore launches, with landscaped common areas, a clubhouse-style amenity set, and family-oriented recreational spaces built into the layout.
Singahalli's residential values reflect its status as an emerging, rather than established, North Bangalore address. As of early 2026, rising home demand in Bangalore is driving the expansion of the Singahalli real estate market, with property rates around Rs. 5,750 to Rs. 12,550 per square foot. Rental values are similarly positioned for an early-stage micro-market: the rental cost is between Rs. 8,500 to Rs. 33,000 per month for 1, 2, and 3 BHK flats. The principal driver behind this trajectory is the same industrial and technology build-out reshaping the wider corridor — due to its proximity to major IT and ITES job hubs, the area has seen steady interest from both end-users and real estate investors — with large employers such as Foxconn and allied aerospace suppliers adding density to the workforce that eventually needs housing within a reasonable commute of Bagalur and Devanahalli.
Everyday infrastructure in and around Singahalli is still developing alongside the residential market. Schools in the vicinity include Sjvm School, Government Lower Primary School Ct Gollahalli, Sterling English Residential School, and Gowtham Rural Resi School, while healthcare access is anchored by facilities such as Royal Multi Speciality Clinic, a 24/7 Government Hospital, Sanjeevani Women's Hospital, and Sri Venkateshwara Medicals. This is consistent with a locality where the area provides essential amenities such as schools, hospitals, and local markets, without yet carrying the retail and institutional density of longer-established North Bangalore neighbourhoods such as Hebbal or Yelahanka — a gap that is narrowing as airport-corridor investment continues.