Prestige Parklane launches in Devanahalli's KIADB Aerospace Park Phase 2
Published
Prestige Group has launched Prestige Parklane, a residential project in Phase 2 of the KIADB Hi-Tech, Defence and Aerospace Park at Devanahalli on the northern side of Bengaluru. The project was registered with the Karnataka Real Estate Regulatory Authority on 15 September 2026, and the launch went live on 25 September 2026. The development was previously referred to as Prestige Devanahalli and Prestige KIADB Phase 2 before its current marketing name was adopted.
The site forms part of a 32.26-acre master plan, of which about 11.8 to 11.9 acres are earmarked for residential use. Nine residential towers of ground plus 24 floors will hold 1,788 apartments in total, in a mixed-use layout that also includes an enterprise estate. For buyers tracking the Aerospace Park corridor, the launch brings a large new residential offer to an area that has been drawing attention as an industrial and technology hub north of the city.
Configurations, sizes and prices
Prestige Parklane offers 1, 2 and 3 bedroom homes. The 1 BHK units measure about 571 sq ft, the 2 BHK units range from 833 to 1,103 sq ft, and the 3 BHK units range from 1,447 to 1,801 sq ft, all on a saleable basis.
Prices start at Rs 56 lakh for a 1 BHK Classic unit, inclusive of a car park, before GST and other charges. Tower-wise price bands at launch are as follows:
- 1 BHK: from Rs 56 lakh
- 2 BHK: Rs 82 lakh to Rs 1.14 crore
- 3 BHK: Rs 1.32 crore to Rs 1.92 crore
These figures exclude GST and registration. Other charges of Rs 415 per sq ft, along with a one-time assessment charge of Rs 25,000, fall due at the time of possession intimation.
Amenities and features
The project's amenity plan covers an extensive range of recreation and wellness spaces. These include a main swimming pool and a children's pool, a children's play area, a party lawn, a cricket practice net, a multi-court, a padel court, a pickleball court, an outdoor gym, a jogging track, indoor sports facilities, a gymnasium, a community hall, a gathering arena, tower courtyards, a vegetable garden, a pet garden and a viewing deck.
On the infrastructure side, the project features rainwater harvesting, a sewage treatment plant, generator backup for common areas, CCTV coverage at the main entry and exit points, and security cabins at the entrances.
Location and connectivity
The project is at Plot No. 24 within the KIADB Hi-Tech Defence and Aerospace Park Phase 2, in Devanahalli, PIN 562110. The main entry is from the 45-metre-wide Road 5 within the park.
The Satellite Town Ring Road lies about 3.3 km away by road, which gives residents a direct route around the city's northern periphery. Devanahalli town is about 9.2 km away, and Kempegowda International Airport is roughly 19 to 20 km by road. The Aerospace Park location places the homes close to one of Bengaluru's key industrial and aviation clusters, which is a notable draw for professionals working in engineering, defence and aviation-linked industries.
About the developer
Prestige Group is one of Bengaluru's established residential developers, with a long record of townships, apartment communities and commercial projects across the city and in other Indian markets. Prestige Parklane extends that presence into the northern corridor, where the developer has been building up its footprint around the airport region.
What comes next
Construction is scheduled to reach completion by 31 December 2030, which is the declared completion date for the project. Buyers can follow progress through the project's registration on the Karnataka RERA portal under the registration number PRM/KA/RERA/1251/309/PR/150926/008941. Further details on the project can be found on the Prestige Parklane project page.