PRESTIGE INDAVARA CHIKKAMAGALURU, Chikkamagaluru

PRESTIGE INDAVARA CHIKKAMAGALURU

Prestige Group’s 33-acre Indavara landholding in Chikkamagaluru

Upcoming development · Price on Request

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The Address & The Vision

An Address Worth Owning

Prestige Indavara Chikkamagaluru marks Prestige Group’s land-bank presence in Indavara. The identified parcel covers 33 acres, with Prestige Estates Projects Limited holding a 45% economic interest and a 15-acre share. Its current status is Upcoming.

Set within Chikkamagaluru, the landholding sits in a town shaped by the Western Ghats and the needs of its surrounding communities. Road and KSRTC bus services serve the town, while rail connectivity links Chikkamagaluru station to Kadur Junction. The setting connects a local town centre with the broader character of the region.

The project’s buyer-facing form and design direction have not been introduced. The known foundation is the Indavara location and a substantial land parcel, offering the basis for Prestige Group’s next step in the city. The company was established in 1986 and works across multiple Indian cities.

Prestige recorded Indavara as a land-bank addition in Q3 FY26. Its Q4 FY26 investor presentation assigned the entry a tentative gross development value of ₹2,700 million, a corporate planning figure rather than a buyer price. These milestones place the parcel within the group’s expanding presence in Chikkamagaluru.

Discover the location and the confirmed landholding behind Prestige Indavara Chikkamagaluru. Further details will follow as the project takes shape.

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Gallery

A Look Inside

Configurations & Pricing

Choose Your Space

ConfigurationSizeStarting Price
Upcoming development
Prestige Group landholding in Indavara, Chikkamagaluru, identified for future development.
On request
Lifestyle

World-Class Amenities

Recreation at PRESTIGE INDAVARA CHIKKAMAGALURU, Chikkamagaluru
Recreation
  • Community gathering space
  • Indoor recreation area
  • Residents’ lounge
  • Multipurpose room
Active at PRESTIGE INDAVARA CHIKKAMAGALURU, Chikkamagaluru
Active
  • Fitness area
  • Outdoor activity space
  • Walking routes
  • Sports and recreation space
Community at PRESTIGE INDAVARA CHIKKAMAGALURU, Chikkamagaluru
Community
  • Children’s play space
  • Family gathering area
  • Community seating
  • Shared outdoor space
Greens & Outdoors at PRESTIGE INDAVARA CHIKKAMAGALURU, Chikkamagaluru
Greens & Outdoors
  • Landscaped grounds
  • Green spaces
  • Garden seating
  • Outdoor gathering areas
Master & Floor Plans

Master & Floor Plans

Detailed master plan and unit-wise floor plans available on request.

Master plan preview
Preview only — request full plan
Location / Address

A Defining Address

Indavara, Chikkamagaluru, Karnataka · Chikkamagaluru

Indavara is part of Chikkamagaluru, a Karnataka town set amid the region’s well-known Western Ghats landscape. The town’s character brings together a local service centre and access to the surrounding hill country. Road travel and KSRTC bus services connect Chikkamagaluru with other destinations.

The Prestige land parcel is identified in Indavara, placing the proposed development within Chikkamagaluru’s local context. Chikkamagaluru railway station connects with Kadur Junction, while Mangaluru International Airport is the nearest commonly cited commercial airport for the town. The site’s exact address has not been disclosed, so travel distances are not represented here.

Location map
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Connectivity

Location Advantages

Thoroughfares

  • Chikkamagaluru road network — Road access serves the town
  • KSRTC bus services — Services operate in Chikkamagaluru
  • Kadur Junction rail connection — Chikkamagaluru railway station connects to Kadur Junction

Corporate

  • Chikkamagaluru town centre — Within the town
  • Local commercial services — Available in Chikkamagaluru
  • Regional business services — Accessible through Chikkamagaluru’s town network

Hospitality

  • Chikkamagaluru town hospitality — Services available in town
  • Western Ghats visitor destinations — Accessible from the Chikkamagaluru region
  • Local dining and visitor services — Available in Chikkamagaluru

Education

  • Schools in Chikkamagaluru town — Available within the town
  • Local education services — Served by Chikkamagaluru
  • Regional learning facilities — Accessible through the town’s road network

Healthcare

  • Hospitals in Chikkamagaluru town — Available within the town
  • Local medical services — Served by Chikkamagaluru
  • Regional healthcare facilities — Accessible through the town’s road network

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Beyond the Project

Infrastructure & Growth

Chikkamagaluru road connectivity

Roads serve Chikkamagaluru and connect the town with surrounding destinations, supporting everyday movement and regional access for residents and visitors.

KSRTC bus services

State bus services provide public transport links for Chikkamagaluru, connecting the town with destinations across the region.

Rail connection via Kadur Junction

Chikkamagaluru railway station connects to Kadur Junction, providing a rail link for onward journeys beyond the town.

Mangaluru International Airport access

Mangaluru International Airport is the nearest commonly cited commercial airport for Chikkamagaluru, extending the town’s access to air travel.

Chikkamagaluru town services

Schools, hospitals and retail services serve the town, supporting day-to-day needs across Chikkamagaluru and its surrounding communities.

Build Quality

Specifications

Project identity

  • Prestige Group land-bank entry in Indavara, Chikkamagaluru
  • 33-acre identified land parcel

Land interest

  • Prestige economic interest: 45%
  • Prestige share: 15 acres

Planning status

  • Upcoming
  • Recorded as a land-bank addition in Q3 FY26

Development planning

  • Q4 FY26 tentative gross development value: ₹2,700 million
  • Corporate planning figure for the Indavara land entry

Location context

  • Indavara, Chikkamagaluru, Karnataka
  • Chikkamagaluru town served by road and KSRTC bus services
Why Invest

Compelling Reasons

1

A defined Indavara location

The landholding is identified in Indavara, within Chikkamagaluru, Karnataka. This gives the project a clear local setting in a town associated with the Western Ghats and supported by road and KSRTC bus services.

2

A 33-acre land parcel

Prestige Group’s investor presentation records a total land area of 33 acres at Indavara. The parcel is a substantial addition to the group’s land bank in Chikkamagaluru and establishes the scale of the identified holding.

3

Prestige Group involvement

The Indavara entry is associated with Prestige Estates Projects Limited, the company behind the Prestige Group brand. Established in 1986, the group operates across multiple Indian cities and has identified this parcel as its first recorded Chikkamagaluru land-bank entry.

4

Clear economic-interest disclosure

Prestige’s economic interest in the landholding is 45%, equivalent to a 15-acre share. These figures provide a specific picture of the group’s recorded participation in the Indavara parcel.

5

A recorded corporate milestone

Indavara appeared as a land-bank addition in Prestige’s Q3 FY26 investor presentation. In its Q4 FY26 presentation, the entry carried a tentative gross development value of ₹2,700 million, a corporate planning figure.

6

Town-level transport connections

Chikkamagaluru is served by road and KSRTC bus services, and its railway station connects to Kadur Junction. Mangaluru International Airport is the nearest commonly cited commercial airport for the town, adding regional transport context to the Indavara location.

About the Developer

Prestige Developments

Prestige is an Indian real estate development company headquartered in Bangalore, founded by Razack Sattar in 1986, with developments in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR. 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.

The group's signature approach combines scale with institutional discipline. Prestige Estates Projects Ltd holds CRISIL's highest developer grade, DA1+, which reflects strong execution capability, financial stability and transparent documentation, and the rating was reaffirmed in 2025, making Prestige the only real estate company in India to hold DA1+. The company also carries an ICRA A+ credit rating and was among the first real estate developers in Bangalore to secure ISO 9001 certification. Project planning is supported by long-tenured leadership in engineering, design and execution, with multi-decade veterans overseeing delivery across the residential, office, retail, hospitality and warehousing verticals.

The portfolio spans every major asset class in Indian real estate. The residential business has completed 150 projects comprising 127 million square feet, with 37 ongoing projects for 65 million square feet and 30 projects under planning for 75 million square feet, while the commercial office business has completed 125 projects comprising 50 million square feet with 12 ongoing projects for 23 million square feet. Prestige has developed retail malls, large townships, tech parks, luxury villas, SEZs and hotels such as Conrad, Sheraton Grand and JW Marriott amongst others. Landmark addresses include UB City, Prestige Shantiniketan, Prestige Golfshire, Prestige Lakeside Habitat, Prestige Kingfisher Towers, The Forum malls and the large-format Prestige City townships.

Ownership remains anchored in the Razack family while the operating company is publicly listed and professionally governed. Prestige emphasises sustainable construction through green building certifications, water conservation systems, solar energy use and waste recycling initiatives across major projects, aligning with a vision of responsible urban development. In May 2025, Prestige Group announced its entry into NCR with the launch of The Prestige City-Indirapuram in Ghaziabad, extending a southern-rooted franchise into India's largest housing market. The combination of family stewardship, listed-company transparency and a 689 acre land bank underpins the group's next decade of development.

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Frequently Asked Questions

What is Prestige Indavara Chikkamagaluru?+
It is Prestige Group’s upcoming landholding in Indavara, Chikkamagaluru. The parcel spans 33 acres, with Prestige holding a 45% economic interest.
Is Prestige Indavara Chikkamagaluru RERA registered?+
The project has no project-specific Karnataka RERA registration number. It is currently identified as a land-bank addition rather than a launched project.
What are the prices and configurations at Prestige Indavara Chikkamagaluru?+
Buyer pricing and configurations have not been announced. The project’s buyer-facing offering has not been launched.
When is possession expected at Prestige Indavara Chikkamagaluru?+
A possession date has not been announced. The Indavara parcel is recorded as a land-bank addition.
Where is Prestige Indavara Chikkamagaluru located, and how is it connected?+
The project is associated with Indavara in Chikkamagaluru, Karnataka. The town is served by road and KSRTC buses, and Chikkamagaluru railway station connects to Kadur Junction.
What amenities and payment or home-loan options are available at Prestige Indavara Chikkamagaluru?+
Project amenities, payment terms and project-specific lender approvals have not been announced. The buyer offering is yet to be launched.

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