PRESTIGE PARKLANE (PRESTIGE KIADB PHASE 2 APARTMENTS) — New Project Coming Up in KIADB Phase 2, Bangalore

Project Overview

Prestige Parklane is an upcoming residential apartment project by Prestige Group in KIADB Phase 2, Devanahalli, North Bangalore. The project spans 12 acres and will comprise 1,788 units, priced from Rs. 70 Lakhs onwards.

The project offers 1, 2 and 3 BHK apartments, making it suitable for young professionals, families and investors.

Location and Connectivity

The project is located in KIADB Phase 2, Devanahalli, North Bangalore, near Bangalore International Airport. Bangalore International Airport is approximately 5 km from the project.

The project enjoys excellent connectivity to Kempegowda International Airport, Airport Halt Metro Station, Satellite Town Ring Road (STRR), KIADB Hi-Tech Defence & Aerospace Park, and emerging employment hubs. The project benefits from connectivity towards NH 44, Bangalore International Airport and the upcoming Devanahalli Metro.

Devanahalli has developed into an important residential and business corridor because of its airport connectivity, employment zones and infrastructure growth.

Planned Amenities

The project is planned as a premium gated community with amenities focused on recreation, fitness, security and everyday convenience. The preliminary plan includes a clubhouse, swimming pool, landscaped gardens and apartment blocks with different configurations.

The project is also planned with features such as rainwater harvesting, solar lighting, sewage treatment and energy-efficient infrastructure.

About Prestige Group

Prestige has completed over 184 projects spanning a total developed area of over 60.74 million sqft. Prestige also has another 57 ongoing projects comprising around 59.24 million sqft & 43 upcoming projects totaling 44.11 million sqft.

The company was recently awarded the Crisil DA1 Developer Rating in recognition of the quality of their projects and the ability to deliver completed projects in a timely manner, making them the ONLY Property Developer across India to have received this distinction.

Timeline and Status

Expected possession is by 2030. The project is currently in pre-launch stage and RERA registration is under process.