Prestige Park Street apartment tower facade
Palya Village · Devanahalli, North Bangalore

Prestige Park Street

1, 2 & 3 BHK Apartments from ₹85 Lakh*

  • 5 acres
  • 2 towers
  • 50,000 sq ft clubhouse
Project Overview

Prestige Park Street is a pre-launch high-rise residential development by the Prestige Group , located at Palya Village, Devanahalli, Bengaluru. The project is spread across 5 acres at Sy. No. 51/1, 51/2 and 51/3, and this low-density development holds 480 luxury apartments in North Bangalore, distributed across 2 well-planned high-rise towers configured as 2B + G + 30 floors.

Buyers can select from 1, 2 and 3 BHK floor plans, along with a 3 BHK Premium / + Study format. The super built-up area of these upcoming luxury apartments in Bangalore ranges from 685 sq ft to 1,650 sq ft. Pricing for 1 BHK homes begins at ₹85 Lakh onwards, at a pre-launch base rate of approximately ₹12,410 per sq ft.

Project Overview & Status of Prestige Park Street

Particulars Details
Project Prestige Park Street
Developer Prestige Group (Prestige Estates Projects Ltd · NSE: PRESTIGE, BSE: 533274)
Location Palya Village, Devanahalli, Bengaluru, Karnataka
Project Type Luxury high-rise apartments
Configuration 1, 2 & 3 BHK (plus 3 BHK Premium / + Study)
Size Range 685 – 1,650 sq ft (super built-up)
Total Units 480 apartments across 2 high-rise towers
Tower Format 2B + G + 30 floors
Land Area 5 acres at Sy. No. 51/1, 51/2 & 51/3, Palya Village
Density ~96 units per acre
Status Pre-launch · Karnataka RERA registration in process
Pre-launch Rate ~₹12,410 per sq ft (valid until the 05 October 2026 launch)
Launch Date 05 October 2026
Possession From 31 October 2030

Prime Location & Seamless Connectivity

Prestige Park Street is located at Palya Village, Devanahalli, Bengaluru, Karnataka – 562110, on the Kempegowda International Airport corridor.

  • Kempegowda International Airport (KIA): ~6 – 12 km
  • NH-44 (Bellary Road): ~5 – 8 km
  • Doddajala Metros Station (Namma Metro Blue Line, Phase 2B): ~5 km
  • KIADB Aerospace Park: ~5 km
  • Proximity: Direct reach to the Outer Ring Road (ORR), the Bangalore Aerospace SEZ, and the Devanahalli Special Investment Region.

Unique Selling Points (USPs) – Why Choose Prestige Park Street?

Prestige Park Street Devanahalli stands out as a compact, brand-backed luxury address on Bengaluru's fastest-growing employment corridor.

  • Low-Density Twin-Tower Architecture: Spanning approximately 5 acres, the community holds 480 residences across just 2 towers in a 2B + G + 30 floor configuration. At roughly 96 units per acre, the density sits meaningfully below the 110 – 130 typical of comparable airport-corridor high-rises, allowing wider tower spacing, better cross-ventilation, and less lift and lobby congestion at peak hours.
  • Airport Corridor Employment Base: Foxconn's ₹21,911 Cr "Project Elephant" iPhone assembly campus is operational approximately 7 km away, the 950-acre Bangalore Aerospace SEZ hosts Boeing, Airbus, Bombardier and 50+ OEMs, and the 3,117-acre Devanahalli Special Investment Region anchors the next 10 – 15 years of organised industrial growth.
  • Pre-launch Pricing Window: The ~₹12,410 per sq ft base rate sits below the ₹14,000 – 16,000 per sq ft band that comparable corridor launches are expected to print once Metro Phase 2B (Hebbal – KIA) opens in June 2027, giving early entrants a 12 – 24 month window between booking and possession.
  • Vastu-Led, Ventilation-First Planning: Every apartment tier — from the compact 685 sq ft 1 BHK to the 1,650 sq ft 3 BHK + Study — is planned around natural light, cross-ventilation, and practical day-to-day family use.
  • Multi-Level Clubhouse & Lifestyle Amenities: The amenity programme is organised around a central podium between the two towers:
    • Wellness & Fitness Hub: Adult and kids' swimming pools, gymnasium, yoga area, jogging track, and meditation pods.
    • Club & Entertainment: Banquet hall, games arcade, mini theatre, cafeteria, and indoor recreation rooms.
    • Family & Outdoors: Landscaped central garden, step gardens, amphitheatre, children's play area, skating space, and 24/7 CCTV coverage.

Apartment Plans: Finding Your Ideal Layout

Prestige apartments in Bangalore for sale offer a deliberately focused range of configurations. Each unit is planned on Vastu principles, with a zero-wastage layout and a clear circulation spine.

Configuration Bed / Toilet Layout Size Range (sq. ft.)
1 BHK 1 Bed + 1 Toilet ~685
2 BHK 2 Bed + 2 Toilets ~845
3 BHK 3 Bed + 2-3 Toilets ~1,250
3 BHK Premium (/ + Study) 3 Bed + Study + Guest Toilet up to ~1,650

Flexible Payment Plan: Step-by-Step Home Ownership

The Prestige Park Street payment structure is designed to keep your investment simple, transparent, and milestone-linked. Instead of a large upfront outflow, Prestige apartments in Bangalore price payments are staged against verified construction progress. Construction-linked (CLP), down-payment, and subvention options are available, and the sales team shares unit-level inventory on request.

Official Construction-Linked Payment Plan (CLP)

Payment Stage Percentage Due Work Milestone on Site
Milestone 1 10% Initial booking amount to block the unit
Milestone 2 10% Start of construction / signing of the Agreement of Sale
Milestone 3 10% Completion of site excavation work
Milestone 4 10% Completion of the core plinth level
Milestone 5 10% Completion of the two basement slabs (2B)
Milestone 6 10% Completion of the ground floor structural slab
Milestone 7 10% Completion of the upper-floor superstructure (up to the 30th floor)
Milestone 8 10% Completion of internal unit flooring work
Milestone 9 10% Completion of internal plumbing installations
Milestone 10 10% Receipt of Occupancy Certificate / final handover
Total Payment 100% Project possession (targeted 31 October 2030)

Expression of Interest (EOI) & Booking Guidelines

Early buyers submitting an Expression of Interest (EOI) secure priority allocation during the official launch of this upcoming Prestige project in Bangalore. Bankable cheques are accepted alongside standard KYC documentation (Aadhaar and PAN).

  • 1 BHK EOI Amount – ₹2 Lakhs
  • 2 BHK EOI Amount – ₹3 Lakhs
  • 3 BHK / 3 BHK Premium + Study EOI Amount – ₹5 Lakhs

Note on payments: EOI and booking amounts must be paid only by cheque or bank transfer into the developer's registered project collection account, in the buyer's own name. Account and IFSC details are issued directly by the authorised sales team against a written allotment reference and should be verified with the developer before any transfer. Never transfer funds to an account shared over chat, SMS, or an unverified web page.

Reviews, Ratings and Brochure

Prestige Park Street is currently in the pre-launch phase at Palya Village, Devanahalli, so the practical "review" today is about brand positioning, master-plan integrity, and paperwork rather than lived experience. The relevant read for buyers is whether the 5-acre, twin-tower format with 480 residences and Prestige Group's Bengaluru track record supports the entry pricing from ₹85 Lakh relative to other Devanahalli launches.

Early buyer sentiment focuses on Prestige Group's portfolio depth, the Devanahalli corridor's connectivity to the ORR and the airport, and the project's positioning around end-use buyers rather than investor inventory. The watchpoints are the Karnataka RERA filing once published, the registered cost sheet, and the per-unit carpet-area definitions — buyers should verify these independently before any booking transfer.

The official Prestige Park Street brochure carries the complete project details, including the floor plans, master plan, and amenity schedule.

Prestige Park Street – 2026 Sales & Launch Position

Prestige Park Street is one of North Bangalore's notable pre-launch offerings of 2026, with 480 units across 2 towers on a 5-acre site. Pre-launch bookings are open now. The official launch date is scheduled for 05 October 2026, construction is scheduled to commence on 25 October 2026, and possession is targeted from 31 October 2030.

Why Prestige Park Street

Project highlights

The key facts of Prestige Park Street at a glance.

Project Type

Apartment

Starting Price

₹85 Lakh* onwards

Project Status

Prelaunch

Land Area

5 acres

Builder

Prestige Group

Number of Towers

2 towers

Unit Type

1, 2 & 3 BHK

Unit Sizes

685 – 1,650 sq ft

Total Units

480 units

Number of Floors

2B + G + 30 floors

RERA Number

In progress

Possession Date

31 October 2030*

Tower Selection Guide: How to Choose the Best Apartment

  • Low-Density High-Rise Layout: The project has 2 residential towers structured across two basement levels, ground, and 30 upper floors, holding 480 homes on a 5-acre parcel.
  • Orientation and Ventilation: The twin towers are placed along the longer site axis with generous tower-to-tower spacing, which supports cross-ventilation and daylight penetration into both blocks.
  • Height Selection: Upper-floor residences approaching the 30th floor sit well above the surrounding low-rise Devanahalli skyline, giving longer view corridors toward the airport and aerospace belt. Floor-rise charges apply progressively and should be confirmed unit by unit.
  • Facing and Podium Position: Units overlooking the central amenity podium and the perimeter green belt carry a preferential location charge (PLC). Ask for the sanctioned drawing before finalising a facing.

Apartment Types and Price

Prestige Park Street price begins at ₹85 Lakh onwards for the 1 BHK and scales to ₹1.98 Cr+ for the 3 BHK. The pre-launch base rate is approximately ₹12,410 per sq ft and is valid until the 05 October 2026 launch. The development offers four layout types configured across the 2 residential towers.

What the Pricing Actually Tells You

  • Pre-launch Entry: The ~₹12,410 per sq ft base rate sits below the corridor's expected post-metro repricing band of ₹14,000 – 16,000 per sq ft. The pre-launch window closes on 05 October 2026.
  • Configuration-Wide Mix: From a compact 685 sq ft 1 BHK to a 1,650 sq ft 3 BHK + Study, the four-tier mix lets a buyer stay within one community as the household evolves.
  • Cost Sheet Support: Payment plan options (CLP, down-payment, subvention), home-loan tie-ups with HDFC, SBI, ICICI and Axis, and unit-level inventory are shared by the sales team on request.

Note: Final pricing depends on floor level, tower position, unit orientation, and applicable pre-launch offers. The banner price is not the payable price — ask for the detailed cost sheet covering parking, maintenance deposit, registration, stamp duty, GST, and any floor-rise or preferred-unit premiums before committing.

A Simple Guide to Prestige Park Street Maintenance Charges

At Prestige Park Street, the monthly maintenance fee is estimated between ₹4 and ₹6 per sq. ft. for a project of this format in North Bangalore. This keeps shared costs proportionate for every flat owner across the two towers. The exact figure is confirmed in the maintenance agreement at handover.

Advance Maintenance Payment

Before key handover and final possession from 31 October 2030, an advance maintenance fee is collected upfront. This amount goes into a designated society fund used to start daily operations for the high-rise towers.

What the Maintenance Fees Cover

  • 24/7 Gate Security: Round-the-clock guarding and CCTV monitoring across the 5-acre site.
  • Lift Upkeep: Scheduled servicing for the high-speed lifts serving 30 floors.
  • Amenities Management: Teams to run and clean the multi-level clubhouse, gymnasium, mini theatre, and both swimming pools.
  • Landscape Maintenance: Upkeep of the central podium garden, step gardens, amphitheatre, and perimeter green belt.
  • Utilities & Backup: Common-area power, DG backup, water treatment, and waste management.
Unit Type Super Built-up Area Starting Price Availability
1 BHK ~685 sq ft ₹85 Lakh
2 BHK ~845 sq ft ₹1.31 Cr
3 BHK ~1,250 sq ft ₹1.98 Cr
3 BHK Premium / + Study up to ~1,650 sq ft On request

*All-in cost includes registration (~1%), stamp duty (~5%), GST (5%), legal documentation, and the maintenance corpus, as applicable in Karnataka. Floor-rise charges, preferential location charges (PLC), and corner / view premiums are quoted at the time of booking.

View Detailed Price List

Master plan

The Prestige Park Street master plan is set over 5 acres at Palya Village, Devanahalli, and is organised around low-density high-rise planning. It has 2 high-rise towers, each with a 2B + G + 30 floor structure, holding approximately 480 units. The project offers luxury 1, 2 and 3 BHK homes in North Bangalore.

Prestige Park Street master plan showing the 5-acre site layout, tower placements, entry/exit points and amenity zones
  • 50,000 sq ft clubhouse
  • Landscaped courtyards, jogging track & sports zones

View Full Master Plan →

Master Plan Highlights at a Glance

  • Acreage: 5 acres of residential development at Sy. No. 51/1, 51/2 & 51/3.
  • Towers & Structure: 2 towers with a 2B + G + 30 floor structure.
  • Total Residences: Approximately 480 units.
  • Density: ~96 units per acre, against the 110 – 130 typical of comparable airport-corridor high-rises.
  • Layout Logic: Twin towers along the longer site axis, with a central amenity podium between them and a perimeter green belt.
Layouts

Floor plans

Prestige Park Street floor plans cover 1, 2 and 3 BHK luxury apartments ranging in size from 685 to 1,650 sq ft. The project features 480 homes across 2 residential towers on a 5-acre land parcel at Palya Village, Devanahalli, Bangalore. Pricing starts from ₹85 Lakh onwards. Each layout is shaped around natural light, ventilation, Vastu-led planning, and practical day-to-day family use.

Configurations at a Glance

1 BHK · ~685 sq ft — From ₹85 Lakh (~₹12,400 per sq ft)

  • Combined living-dining with a clear sight-line to the balcony
  • Master bedroom with attached toilet and wardrobe niche
  • Enclosed modular kitchen plus a separate wet utility
  • Sized for single professionals and dual-income couples working on the airport corridor

2 BHK · ~845 sq ft — From ₹1.31 Cr (~₹15,500 per sq ft)

  • L-shaped living-dining with a corner-window master bedroom
  • Two full bedrooms plus a common toilet adjacent to bedroom 2
  • Modular kitchen with breakfast counter and wet utility
  • Compact urban format for couples and small families

3 BHK · ~1,250 sq ft — From ₹1.98 Cr (~₹15,840 per sq ft)

  • Generous living-dining with two balconies (living and master)
  • Master suite with walk-by wardrobe and attached toilet
  • Bedrooms 2 and 3 with attached / common toilets
  • Full kitchen with breakfast counter, pantry, and wet utility

3 BHK Premium / + Study · up to ~1,650 sq ft — On request (~₹16,000+ per sq ft)

  • Larger L-shaped living-dining with corner positioning
  • Master suite with walk-in wardrobe and dressing area
  • Dedicated study / fourth room configurable as a home office
  • Walk-in pantry, guest toilet, and additional balcony depth

Inside the Model Apartments

The Prestige new project in North Bangalore has a dedicated experience centre that lets prospective buyers inspect true-to-scale representations of the available layouts at Prestige Park Street.

Why a Site Visit Matters

  • Vastu Orientation: Buyers can verify the directional alignment of entrance layouts across both towers.
  • Usable Space Verification: Walking the physical space lets purchasers evaluate usable room dimensions against the quoted super built-up area, and check the carpet-area statement.
  • Master Plan Scale Model: A physical scale model at the site office shows the exact placement of the two towers, the central amenity podium, and the perimeter green belt.
Feature What the Buyer Will Experience
Material Touchpoints Inspect flooring surfaces, kitchen counter fittings, and balcony railing details.
Space Optimization Evaluate zero-waste corridor planning and the integration of utility zones.
Smart Home Layout Review provisions for digital entry systems and energy-efficient power modules.
Acoustic Insulation Check the window glazing specified to reduce airport-corridor and highway noise.
1 BHK, 685 sq.ft. floor plan at Prestige Park Street

1 BHK

685 sq.ft. · from ₹85 Lakh*

2 BHK, 845 sq.ft. floor plan at Prestige Park Street

2 BHK

845 sq.ft. · from ₹1.31 Cr*

3 BHK, 1,250 sq.ft. floor plan at Prestige Park Street

3 BHK

1,250 sq.ft. · from ₹1.98 Cr*

Browse All Floor Plans →

Amenities

Prestige Park Street amenities include a curated mix of over 40 fitness, sports, and lifestyle facilities designed to serve wellness, recreation, family life, and all-day convenience across the 5-acre Devanahalli site.

Amenities Highlights at a Glance

  • Multi-level clubhouse on the central podium
  • Adult and kids' swimming pools
  • Landscaped central garden, step gardens, and perimeter green belt
  • Strategic transit connectivity (Doddajala Metro, Blue Line Phase 2B)
  • Smart infrastructure and 24/7 CCTV coverage

Signature Features

Leisure & Wellness

  • Adult swimming pool with deck seating
  • Kids' pool
  • Fully equipped gymnasium
  • Yoga area
  • Jogging track
  • Meditation pods

Club & Entertainment

  • Multi-level clubhouse
  • Banquet hall
  • Games arcade
  • Mini theatre
  • Cafeteria
  • Indoor recreation and community rooms

Family & Outdoors

  • Landscaped central garden
  • Step gardens
  • Amphitheatre
  • Children's play area
  • Skating space
  • Pedestrian-friendly landscaped walkways

Safety & Convenience

  • Layered Security: 24/7 gate security, CCTV monitoring, and video door phones in every apartment.
  • Infrastructure: Continuous water supply, sewage treatment, and DG power backup for the high-rise structure.
  • Sustainability: Rainwater harvesting, integrated waste management, and energy-efficient common-area utilities.

Comparison – How the Amenity Programme Reads Against the Corridor

Feature Prestige Park Street Typical Airport-Corridor High-Rise
Land Area & Density 5 acres · 480 units · ~96 units per acre 110 – 130 units per acre
Tower Count 2 towers, wide spacing, central podium 4 – 8 towers, tighter spacing
Amenity Format Multi-level clubhouse with mini theatre, banquet hall, arcade, meditation pods Standard gym-and-pool clubhouse

Specification

Technical Specifications: 2026 Smart-Home & High-Rise Safety Standards

Prestige Park Street specifications are designed for structural resilience, acoustic privacy, and energy efficiency, following the Prestige high-rise safety protocol. Below are the indicative 2026 specifications for the residential project. Final specifications are confirmed in the Agreement of Sale, and all brands stated remain subject to the project architect's final decision.

Structural Integrity & Wall Finishes

  • Structure: RCC-framed structure using shear wall technology, supporting carpet-area efficiency and seismic-zone compliance for a 30-floor tower.
  • Internal Walls: Finished with two coats of acrylic emulsion paint over a smooth putty base.
  • External Walls: Treated with one coat of primer and two coats of weather-proof exterior emulsion, with texture paint in designated areas.

Mivan Construction Technology for Structural Longevity

The structural framing of the 2B + G + 30 floor towers relies on monolithic aluminium formwork. This technique reduces conventional brickwork masonry, creating tighter structural tolerances, better moisture resistance, and improved seismic performance. It also yields flatter wall profiles and durable concrete elements, which lowers long-term facade maintenance cost for owners.

Flooring, Finishes & Electrical Specifications

  • Living & Dining Zones: Large-format vitrified tiles specified for high foot traffic and a continuous finish.
  • Master Bedroom: Laminated wooden flooring or premium vitrified tiles.
  • Bathrooms: Anti-skid ceramic floor tiles with glazed wall dado tiles up to the false ceiling height.
  • Balconies & Open Decks: Matte-finish, slip-resistant vitrified tiles suited to Bengaluru monsoon conditions.
  • Kitchen & Utility Spaces: Granite counters with stainless steel sinks and a separate wet utility.

Electrical Infrastructure & Smart Automation

  • Power Distribution: Three-phase supply with individual energy meters and ELCB protection for every apartment, on BESCOM supply.
  • Backup Power: Diesel generator backup covering common areas and lifts, plus dedicated backup for essential household loads.
  • Digital Connectivity: Fibre-to-the-home (FTTH) cabling for high-speed internet and IPTV, modular smart-switch provisions, and USB charging points in bedrooms.
  • Security Architecture: Digital door locks at the main entrance with video door-phone monitoring linked to the 24/7 security control desk.

Hardware, Fixtures & Vertical Transit

  • Entryways & Doors: Engineered timber door frames with flush shutters and heavy-duty security hardware.
  • Fenestration: UPVC or aluminium-glazed sliding window systems with mosquito mesh panels and secure ventilators, specified with acoustic glazing on airport-facing elevations.
  • Sanitary & Plumbing Ware: Chrome-plated fittings with wall-mounted EWCs and concealed flush tanks.
  • Vertical Mobility: High-speed passenger lifts and dedicated service elevators in each tower, sized for a 30-floor stack.
  • Fire Safety: Sprinkler and wet-riser systems, fire-refuge floors, and pressurised staircases as required for high-rise compliance in Karnataka.

Swimming Pool

Fitness Studio

Sports Courts

Indoor Games

See All Amenities →

Location and Connectivity

Prestige Park Street address is Palya Village, Devanahalli Taluk, Bengaluru Rural District, Karnataka 562110, at Sy. No. 51/1, 51/2 and 51/3. The project sits on Bengaluru's Kempegowda International Airport corridor — the largest under-construction employment market in Karnataka — with access to NH-44 (Bellary Road) and the Outer Ring Road.

Palya Village

Devanahalli

Kempegowda International Airport

View Full Location & Connectivity →

Location and Address Details

  • Area: Palya Village, Devanahalli
  • City: Bengaluru · State: Karnataka · Country: India · Pin Code: 562110
  • Latitude: 13.2437° N
  • Longitude: 77.7126° E
  • Survey Numbers: 51/1, 51/2 & 51/3
  • Planning Authority: BIAPPA (Bangalore International Airport Area Planning Authority)

Location Benefits and Distance

Landmark Approx. Distance
Kempegowda International Airport (KIA) ~6 – 12 km
NH-44 / Bellary Road ~5 – 8 km
Doddajala Metro Station (Blue Line, Phase 2B, 2026/27) ~5 km
Foxconn “Project Elephant” iPhone plant (ITIR) ~7 km
KIADB Aerospace Park ~5 km
Bangalore Aerospace SEZ (Boeing, Airbus, Bombardier) ~6 km
Akash Hospital, Devanahalli ~2 km
Stonehill / Canadian International School, Yelahanka ~12 – 14 km
Manipal Hospital, Hebbal ~22 km
Embassy Manyata Business Park / Phoenix Mall of Asia ~24 – 25 km

Growth Story of the North Bangalore Airport Corridor

The Devanahalli belt is the city's most active industrial and infrastructure corridor, driven by aviation, electronics manufacturing, and aerospace. Three anchors define the next decade of demand here.

Key Economic Drivers

  • Foxconn "Project Elephant" (ITIR): A ₹21,911 Cr iPhone assembly campus, operational approximately 7 km from the site, and one of the largest single manufacturing investments in Karnataka.
  • Bangalore Aerospace SEZ: A 950-acre special economic zone hosting Boeing, Airbus, Bombardier, and more than 50 OEMs and tier-one suppliers, roughly 6 km away.
  • Devanahalli Special Investment Region (SIR): A 3,117-acre notified region anchoring the next 10 – 15 years of organised industrial growth around the airport.
  • KIADB Aerospace Park & Hardware Park: Established industrial estates approximately 5 km away, supporting a settled tenant and end-user base.

Strategic Infrastructure & Transit

  • Namma Metro Blue Line, Phase 2B: The Hebbal – KIA section is scheduled to open in June 2027, with the Doddajala station and depot approximately 5 km from the project.
  • NH-44 (Bellary Road): The primary six-lane arterial connecting Devanahalli to Hebbal, the ORR, and central Bengaluru.
  • Satellite Town Ring Road (STRR): The peripheral ring corridor improving east-west movement across the northern belt and onward to Hosur and Dobbaspet.
  • Bengaluru Suburban Rail: The proposed corridor toward Devanahalli adds a second mass-transit option alongside the metro.

Social Infrastructure Near Prestige Park Street

Educational Institutions near Prestige Park Street

School Name Distance Curriculum
Akash International School, Devanahalli ~3 km CBSE
Stonehill International School, Tarahunise ~12 km IB
Canadian International School, Yelahanka ~14 km IB / Canadian
Ryan International School, Yelahanka ~15 km CBSE / ICSE

Healthcare near Prestige Park Street

Hospital Name Distance Key Specialty
Akash Hospital, Devanahalli ~2 km Multi-specialty and emergency care
Leena Multispeciality Hospital, Devanahalli ~5 km General and diagnostics
Aster CMI Hospital, Hebbal ~20 km Tertiary and specialty care
Manipal Hospital, Hebbal ~22 km Multi-specialty tertiary care

Employment Hubs near Prestige Park Street

Business Hub Distance Corridor Focus
KIADB Aerospace Park ~5 km Aerospace manufacturing and MRO
Bangalore Aerospace SEZ ~6 km Boeing, Airbus, Bombardier and 50+ OEMs
Foxconn ITIR Campus ~7 km Electronics and iPhone assembly
Embassy Manyata Business Park ~24 km IT and GCC office campus

Leisure & Retail Destinations

  • Nandi Hills (~25 km): Weekend destination and the defining landscape feature of the northern belt.
  • Phoenix Mall of Asia, Hebbal (~25 km): Large-format retail, multiplex, and dining.
  • Elements Mall, Nagawara (~26 km): Regional shopping and family recreation.
  • Prestige Golfshire & Nandi Golf Club (~12 km): Golf and resort leisure within the Devanahalli belt.

Buyer note: Verify the gate-to-station distance, the road approach during construction of the metro line, and your specific peak-hour commute time before booking. Distances above are indicative road distances and vary by route.

About

Get Details about Prestige Park Street

Park Street is a pre-launch residential address developed by the Prestige Group, positioned at Palya Village in Devanahalli, North Bangalore. This low-density high-rise project spans approximately 5 acres and features 2 residential towers. Each tower rises across a structure of 2 basements + Ground + 30 upper floors.

The master plan integrates 480 apartments in 1, 2 and 3 BHK formats around a central amenity podium, at a density of roughly 96 units per acre. To give early buyers a pricing advantage, the project opens with a pre-launch offering starting from ₹85 Lakh onwards at approximately ₹12,410 per sq ft, bringing branded high-rise living to Bengaluru's airport corridor.

What does the name mean?

The title "Park Street" points to the landscaped spine that runs between the two towers — a green, pedestrian-first street at podium level rather than a driveway. The Prestige Group planned this community around cross-ventilation and daylight, combining a compact high-rise footprint with a generous open podium to deliver a calmer lifestyle in Devanahalli.

What makes Prestige Park Street a good investment in Devanahalli?

  • Top Builder Reputation: Developed by the Prestige Group, a listed developer (NSE: PRESTIGE, BSE: 533274) with quarterly SEBI disclosures, which materially de-risks a 2030 possession commitment relative to less-established developers.
  • Prime Corridor Connectivity: Direct reach to NH-44 (Bellary Road) at ~5 – 8 km, Doddajala Metro Station at ~5 km, and Kempegowda International Airport at ~6 – 12 km.
  • High-Growth Micro-Market: Sited within the Devanahalli Special Investment Region catchment, with Foxconn's ITIR campus, the Bangalore Aerospace SEZ, and KIADB Aerospace Park forming a settled tenant base.
  • Pre-launch Pricing Window: An entry rate below the corridor's expected post-metro band gives a measurable 12 – 24 month appreciation window between booking and possession.

Who is this project suited for?

For an end user who wants a branded project of manageable size at a clean launch-stage entry, this is a logical shortlist. The 1 BHK suits single professionals and dual-income couples working on the corridor, the 2 BHK suits young families, and the 3 BHK and 3 BHK Premium suit households planning a four-to-five-year horizon. For an investor, the appeal rests on the Devanahalli employment story, the metro-led appreciation angle, and rental demand from the aerospace and electronics belt. Rental and resale projections should be verified independently rather than taken from marketing material.

Devanahalli

Prestige Park Street Located at Palya Village, Devanahalli

Devanahalli is a town and taluk headquarters in Bengaluru Rural district, approximately 40 km north-east of central Bengaluru. It is best known as the location of Kempegowda International Airport, and it borders Yelahanka to the south, Doddaballapur to the west, Hoskote to the south-east, and Chikkaballapur district to the north.

Etymology & Historical Growth

Devanahalli takes its name from Devanahalli Fort, built in the 16th century by the Mallabairegowda family and later strengthened under Hyder Ali and Tipu Sultan. Tipu Sultan was born here in 1750, and the fort remains a protected monument in the town centre. Modern growth began with the commissioning of Kempegowda International Airport in 2008, which shifted the town from an agrarian economy to Karnataka's principal aviation, aerospace, and electronics corridor.

Major Infrastructure & Industrial Projects

  • Devanahalli Special Investment Region (SIR): A 3,117-acre notified region planned to anchor organised industrial growth around the airport for the next 10 – 15 years.
  • Bangalore Aerospace SEZ: A 950-acre special economic zone hosting Boeing, Airbus, Bombardier, and over 50 OEMs and tier-one suppliers.
  • Foxconn "Project Elephant" (ITIR): A ₹21,911 Cr iPhone assembly campus within the Information Technology Investment Region, among the largest single manufacturing investments in the state.
  • KIADB Aerospace Park & Hardware Park: Established industrial estates supporting aerospace manufacturing, MRO, and electronics hardware.
  • Namma Metro Blue Line, Phase 2B: The Hebbal – KIA section, with the Doddajala station and depot, scheduled to open in June 2027.

Multi-Modal Connectivity and Devanahalli Distance

Air Transport

  • Kempegowda International Airport (BLR): Approximately 6 – 12 km from the project depending on the terminal approach, making this one of the closest residential belts to the airport in the metropolitan region.
  • Access Routes: Direct approach via NH-44 (Bellary Road) and the airport trumpet interchange, with BMTC Vayu Vajra airport shuttle services running along the corridor.

Road Transport

  • Arterial Networks: Connected through NH-44 (Bellary Road), the Devanahalli – Doddaballapur Road, and the Satellite Town Ring Road (STRR).
  • Outer Ring Road (ORR): Reached via Hebbal, linking the corridor to Manyata, Whitefield, and the Electronic City belt.
  • Bus Services: BMTC and KSRTC services operate along the Bellary Road corridor with a town bus stand at Devanahalli.

Rail Transport

  • Station: Devanahalli railway station (code DBU) on the Bengaluru – Chikkaballapur line.
  • Network: Broad-gauge services operated by South Western Railway, with the proposed Bengaluru Suburban Rail corridor planned to extend commuter capacity toward the airport belt.

Employment Hubs near Devanahalli

  • KIADB Aerospace Park (~5 km)
  • Bangalore Aerospace SEZ (~6 km)
  • Foxconn ITIR Campus (~7 km)
  • Kempegowda International Airport aviation ecosystem (~6 – 12 km)
  • Embassy Manyata Business Park (~24 km)

Prestige Park Street Devanahalli is a newly launched residential project by the Prestige Group located at Palya Village in Devanahalli, North Bangalore. Spanning approximately 5 acres, the development features 2 residential towers with a 2B + G + 30 floor structure, holding approximately 480 premium 1, 2 and 3 BHK apartments.

The official Devanahalli pincode is 562110 for local administrative and postal documentation. Day-to-day retail is served within Devanahalli town, with large-format shopping at Phoenix Mall of Asia, Hebbal, approximately 25 km along the NH-44 corridor.

Top Prestige Projects to Consider Near Devanahalli, Bangalore

  • Prestige Golfshire – Golf-course villa community within the Devanahalli belt at Nandi Hills.
  • Prestige Evergreen – Active Bengaluru launch by the same developer.
  • Prestige Falcon City Luxe – Large-format apartment community in South Bengaluru.
  • Prestige Highland Hideaway – Active Bengaluru residential launch.
  • Prestige Shantiniketan – Delivered integrated township at Whitefield.

Top Reasons to Choose Prestige Park Street in Devanahalli

1. Capital Appreciation & Value Growth

Devanahalli is in an infrastructure-led growth phase rather than a saturated one, with the airport, the metro extension, and the SIR notification acting together on land values.

  • Pricing Position: The pre-launch rate of ~₹12,410 per sq ft sits below the ₹14,000 – 16,000 per sq ft band that comparable corridor launches are expected to print after Metro Phase 2B opens.
  • Appreciation Window: The gap between the 05 October 2026 launch and the 31 October 2030 possession gives a measurable holding period for early entrants. Actual appreciation is not guaranteed and depends on market conditions.

2. Rental Demand

The concentration of aerospace, electronics, and aviation employment within a 10 km radius supports a working tenant base that is structurally different from an IT-only micro-market.

  • Tenant Base: Airport staff, aerospace OEM employees, and electronics manufacturing personnel form a year-round demand pool.
  • Format Fit: The 1 and 2 BHK inventory maps closely to the rental profile of this employment belt. Verify current rental yields independently before underwriting them.

Bangalore

Prestige Park Street Located at Bangalore

Bengaluru is the capital and largest city of Karnataka, located on the Deccan Plateau at approximately 900 metres above sea level. It is India's third-most-populous city and the country's principal technology centre, accounting for the largest concentration of software exports and global capability centres in the country.

The metropolitan region is administered by the Greater Bengaluru Authority and its constituent city corporations, alongside the Bangalore Development Authority for planning. The city hosts the Karnataka Legislative Assembly at Vidhana Soudha and the Karnataka High Court.

Infrastructure in Progress

  • Namma Metro Phase 2, 2A and 2B: Extensions including the Blue Line from Silk Board to Kempegowda International Airport via Hebbal, with the Hebbal – KIA section targeted for June 2027.
  • Kempegowda International Airport Expansion: Terminal 2 capacity expansion and the second runway, supporting the northern corridor's growth.
  • Peripheral Ring Road & STRR: The Bengaluru Business Corridor and the 280-km Satellite Town Ring Road easing regional freight and commuter movement.
  • Bengaluru Suburban Rail Project: Four commuter corridors under development, including the Chikkabanavara – Devanahalli line serving the airport belt.
  • Bengaluru – Chennai Expressway: A 260-km access-controlled expressway cutting inter-city travel to roughly 2.5 – 3 hours.

Bengaluru's real estate market is driven by demand across residential, commercial, and industrial segments, concentrated in North Bengaluru (Devanahalli, Yelahanka, Hebbal), East Bengaluru (Whitefield, Sarjapur), and South Bengaluru (Electronic City, Kanakapura Road).

  • Residential: Mid and premium segment launches dominate, supported by technology and manufacturing employment.
  • Commercial & Office: Global capability centres continue to drive record office leasing, with North Bengaluru gaining share.
  • Industrial & Warehousing: Electronics and aerospace manufacturing anchor demand along the Devanahalli and Hoskote belts.
  • Land & Plots: Plotted development remains active around the airport corridor and the STRR alignment.

Best Prestige Projects for Investment in Bangalore

Prestige Park Street is located at Palya Village, Devanahalli, in North Bangalore. The project spans approximately 5 acres with 480 apartments across 2 towers. Connectivity includes NH-44 (Bellary Road) at ~5 – 8 km, Doddajala Metro Station at ~5 km, and Kempegowda International Airport at ~6 – 12 km.

Approvals and Legal Status

Prestige Park Street RERA Approvals and Legal Status

Land Approval & Regulatory Clearances

Prestige Park Street is planned as a high-rise residential development at Sy. No. 51/1, 51/2 and 51/3, Palya Village, Devanahalli. Planning sanction for the site falls under BIAPPA (Bangalore International Airport Area Planning Authority), which governs development within the airport influence zone, including height clearance relative to the KIA approach funnel.

Environmental clearance for projects of this footprint is governed by the Ministry of Environment, Forest and Climate Change through the State Environment Impact Assessment Authority (SEIAA), Karnataka. Buyers should ask to see the EC letter and the BIAPPA-sanctioned plan directly rather than relying on a general statement of compliance.

Legal Status of the Property

Independent verification of title is the buyer's own responsibility, and should not be substituted with marketing assurances. Before any booking transfer, verify:

  • The Karnataka RERA registration number, once published, on the official K-RERA portal
  • The BIAPPA-sanctioned building plan and the approved layout
  • The title chain and the mother deed for Sy. No. 51/1, 51/2 and 51/3
  • The Encumbrance Certificate (EC) covering at least the last 30 years
  • The Khata certificate and extract, and land conversion (DC conversion) order from agricultural to residential use
  • The unit-specific cost sheet with all add-on charges, and the carpet-area statement
  • The registered Agreement of Sale terms, including the delay-compensation clause

RERA Status: The project is awaiting registration with the Karnataka Real Estate Regulatory Authority (K-RERA). Registration numbers will be published here immediately on issuance.

Investment Security: Prestige Estates Projects Limited is a listed entity (NSE: PRESTIGE, BSE: 533274) subject to quarterly SEBI disclosure, which adds a layer of financial transparency over an unlisted developer. This does not replace project-level legal due diligence.

Bank Approvals & Financial Partnerships

Prestige Park Street is expected to carry project approvals from major lending institutions, enabling home loan financing for eligible buyers.

  • Financing Partners: Home-loan tie-ups are typically available through HDFC, SBI, ICICI, and Axis Bank. Confirm the approved-project list with the lender directly.
  • Loan-to-Value: Qualified applicants can generally secure up to 80% of the property value, subject to individual credit assessment.
  • Payment Safety: All booking and instalment payments must be made by cheque or bank transfer into the developer's registered project account in the buyer's own name. Verify account details with the developer in writing before every transfer.

Legal Documentation

Key documentation a buyer should collect and retain:

  • Approved layout and building plans (BIAPPA)
  • Sale Deed and Mother Deed
  • Agreement of Sale and Construction Agreement
  • Encumbrance Certificate (EC)
  • Khata certificate, Khata extract, and property tax paid receipts
  • DC conversion order
  • Expression of Interest (EOI) and allotment letters
  • K-RERA registration certificate, once issued

Statutory Charges & Taxation Framework (Karnataka)

Purchasing an apartment at Prestige Park Street requires adherence to Karnataka's statutory tax and registration framework.

  • GST: 5% on under-construction residential apartments (without input tax credit), calculated on the agreement value excluding land cost, and billed progressively against construction milestones until the Occupancy Certificate is issued. 1% applies to units qualifying as affordable housing.
  • Stamp Duty: 5% of the agreement value or guidance value, whichever is higher, for properties above ₹45 Lakh in Karnataka. Concessional slabs of 3% and 2% apply to lower value bands.
  • Registration Charges: 1% of the property value for registration of the sale deed.
  • Cess and Surcharge: An additional cess and surcharge apply on the stamp duty component, typically taking the effective outgo marginally above the headline rate.
  • Property Tax: Annual tax levied by the local body (Devanahalli Town Municipal Council or the relevant panchayat) based on built-up area and property classification.

Important Guidelines for Home Buyers

Statutory Dues: The base price sheet and pre-launch quotes exclude stamp duty and registration fees. Arrange these funds separately before executing the conveyance deed at the Sub-Registrar Office.

GST Milestones: Tax is billed progressively alongside construction milestone stages.

TDS: For a consideration of ₹50 Lakh or more, the buyer must deduct 1% TDS under Section 194-IA and deposit it against the seller's PAN.

Construction Status

Prestige Park Street Current Construction Status is Prelaunch Stage

The development status of Prestige Park Street is pre-launch, pre-construction. The official launch is set for 05 October 2026, and site construction is scheduled to commence on 25 October 2026. Work on site at present is limited to survey, soil investigation, and mobilisation planning — no structural work has begun.

Legal Clearances and Core Approvals

  • Project Approvals: Planning and sanction are routed through BIAPPA (Bangalore International Airport Area Planning Authority). Buyers should ask to see the sanctioned plan before booking.
  • RERA Status: The project is awaiting registration with the Karnataka Real Estate Regulatory Authority (K-RERA). The registration number will be published immediately on issuance. Under the Real Estate (Regulation and Development) Act, a project cannot be advertised or sold before RERA registration — treat any pre-registration payment request with caution.

Prestige Park Street Possession Timeline

The residential development is planned for completion within a structured four-year timeline from the start of construction. The target date for apartment handover is 31 October 2030, with construction officially starting on 25 October 2026.

Milestone Event Scheduled Date Status
Pre-launch Opening December 2025 Completed – initial market introduction
Karnataka RERA Filing Before launch In process – number awaited
Launch Date 05 October 2026 Active – pre-launch bookings open
Construction Commencement 25 October 2026 Scheduled ground-breaking
Structural Completion 25 October 2030 Four-year structural target
Possession Date From 31 October 2030 Units open for handover

Current Site Status: Pre-Construction and Mobilisation

Preliminary planning and mobilisation work are underway across the 5-acre site ahead of the scheduled ground-breaking.

  • Foundation Planning: Preparations target the structural stability of the 2 residential towers built across a 2B + G + 30 floor structure.
  • Basement Engineering: Earthwork schedules are mapped to support the two basement levels and the multi-level parking framework.
  • Logistics Management: Gate access plans are being established to manage construction traffic on the Devanahalli approach road while keeping internal community zones organised.

Overall Construction Progress — 5%* — Site development & foundation work

*Illustrative sample figure. Committed possession date: December 2031, as per RERA filing.

About Prestige Group

Prestige Park Street Developed by Prestige Group

Prestige Estates Projects Limited is one of India's largest publicly listed real estate developers, headquartered in Bengaluru and listed on both exchanges (NSE: PRESTIGE, BSE: 533274). The group has operated since 1986 under Chairman and Managing Director Irfan Razack, and has a presence across 12+ Indian cities.

As of December 2025, the group had delivered 313 projects across 206 million sq ft, of which 150 were residential projects totalling 127 million sq ft, with a 140 million sq ft active residential pipeline. The Bengaluru track record includes Prestige Shantiniketan, Prestige Lakeside Habitat, and Prestige Tranquility, alongside active launches such as Prestige Evergreen, Prestige Falcon City Luxe, and Prestige Highland Hideaway.

Prestige Group – Market Leadership and Record Sales

Metric (FY26) Value
Sales ₹30,024.5 Cr (record)
Collections ₹18,514.6 Cr
Revenue (YoY) ₹12,685.4 Cr · +72.6%
Net Profit (YoY) ₹1,195.5 Cr · +155.72%
Projects Delivered (Dec 2025) 313 projects · 206 M sq ft
Residential Completed 150 projects · 127 M sq ft
Active Residential Pipeline 140 M sq ft

For Prestige Park Street specifically, the listed-company governance, quarterly SEBI disclosures, and the 140 M sq ft active residential pipeline materially de-risk the 2030 possession commitment relative to comparable specifications from less-established developers. Buyers should still independently verify the Karnataka RERA filing once published, the BIAPPA-sanctioned plan, the carpet-area statement, the payment schedule, and the registered agreement before any booking transfer.

Reasons behind Prestige Group's track record

  • Consistent construction quality across delivered inventory
  • A buyer-centric sales and documentation process
  • A record of meeting handover commitments across a large delivered portfolio
  • Listed-entity financial disclosure and governance

Prestige Group Upcoming Projects in Bangalore 2026

Upcoming projects are those launching newly into the market, typically offering early-stage pricing. Active and upcoming Bengaluru launches include:

Prestige Evergreen

Prestige Evergreen is a large-format apartment community in South Bengaluru, offering 1, 2, 3 and 4 BHK configurations across multiple high-rise towers, positioned around a central amenity spine.

Prestige Falcon City Luxe

Prestige Falcon City Luxe is a premium apartment addition within the established Falcon City development on Kanakapura Road, South Bengaluru, offering high-rise 2 and 3 BHK homes.

Prestige Highland Hideaway

Prestige Highland Hideaway is an active Bengaluru launch positioned toward end-use buyers seeking a landscaped, lower-density format.

Prestige Group Ongoing Projects in Bangalore

Ongoing projects are those where construction is under way but the Occupancy Certificate has not yet been issued, so possession is not available. Examples include:

Prestige Shantiniketan

Prestige Shantiniketan is a delivered integrated township at Whitefield, East Bengaluru, combining residential towers with office and retail components, and remains one of the group's largest completed mixed-use developments.

Prestige Lakeside Habitat

Prestige Lakeside Habitat is a delivered large-format township at Varthur, East Bengaluru, comprising apartments and villas set around a lakefront and an extensive clubhouse.

Prestige Tranquility

Prestige Tranquility is a delivered apartment community at Budigere Cross, off Old Madras Road, offering 2, 3 and 4 BHK homes across multiple towers with a landscaped central park.

Founded
1986
Projects Delivered
300+
Sq.Ft. Delivered
180M+
Listed Since
2010

Frequently asked questions

Prestige Park Street is a pre-launch Prestige Group apartment project at Palya Village, Devanahalli, Bengaluru. It offers 1, 2 and 3 BHK homes on a 5-acre site with 480 apartments across two towers — a much smaller inventory than a typical mega-township launch, which makes it easier to evaluate as a single, focused development.

The project is in pre-launch. The official launch is 05 October 2026, construction is scheduled to start 25 October 2026, and possession is targeted from 31 October 2030. Evaluate it as an early-stage branded launch rather than a near-handover project. Ask for the latest construction timeline, verify the Karnataka RERA status, and confirm the payment plan and milestone schedule before paying anything serious.

1 BHK at approximately 685 sq ft, 2 BHK at approximately 845 sq ft, 3 BHK at approximately 1,250 sq ft, and a 3 BHK Premium / + Study format up to approximately 1,650 sq ft. All areas quoted are super built-up; ask for the carpet-area statement for the specific unit.

Pricing starts from ₹85 Lakh for the 1 BHK, around ₹1.31 Cr for the 2 BHK, and around ₹1.98 Cr for the 3 BHK, at a pre-launch base rate of approximately ₹12,410 per sq ft. All-in costs including stamp duty, registration, and GST run roughly ₹95 – 96 Lakh, ₹1.46 – 1.50 Cr, and ₹2.21 – 2.25 Cr respectively. Ask for the detailed cost sheet covering parking, maintenance deposit, floor-rise, and preferred-unit premiums — the banner price is not the payable price.

At 480 units on 5 acres, the project works out to roughly 96 units per acre, against the 110 – 130 typical of comparable airport-corridor high-rises. In practice that means wider spacing between the two towers, a larger central podium for amenities, and less congestion at lifts and lobbies during morning and evening peaks.

The site is at Palya Village, Devanahalli, on the Kempegowda International Airport corridor. NH-44 (Bellary Road) is ~5 – 8 km away, the Doddajala Metro Station on Blue Line Phase 2B is ~5 km away, and the airport is ~6 – 12 km away. Verify the gate-to-station distance, the road approach, and your specific peak-hour commute before booking.

Foxconn's ₹21,911 Cr "Project Elephant" iPhone assembly campus is approximately 7 km away, the 950-acre Bangalore Aerospace SEZ (Boeing, Airbus, Bombardier and 50+ OEMs) is approximately 6 km away, and KIADB Aerospace Park is approximately 5 km away. The 3,117-acre Devanahalli Special Investment Region anchors longer-term industrial growth in the belt.

Beyond a standard gym-and-pool checklist, the programme includes a multi-level clubhouse, banquet hall, games arcade, mini theatre, cafeteria, landscaped central garden, step gardens, meditation pods, amphitheatre, children's play area, skating space, jogging track, and both adult and kids' swimming pools.

Karnataka RERA (K-RERA) registration is in process and the number is awaited. Under the Real Estate (Regulation and Development) Act, a project cannot be advertised or sold before RERA registration, so verify the registration on the official K-RERA portal before transferring any booking amount.

In Karnataka, stamp duty is 5% of the agreement or guidance value (whichever is higher) for properties above ₹45 Lakh, plus applicable cess and surcharge, and registration is 1%. GST on under-construction residential units is 5% without input tax credit. For a consideration of ₹50 Lakh or more, the buyer must also deduct 1% TDS under Section 194-IA.

EOI payments are made by cheque or bank transfer into the developer's registered project collection account, in the buyer's own name. Confirm the current, verified account details in writing with the developer before making any payment. Do not transfer funds to account details received over chat, SMS, or an unverified web page.

It can be argued both ways. For end users, the strongest positives are the branded pre-launch positioning, the practical 1, 2 and 3 BHK sizes, and the amenity depth. For investors, the case rests on launch-stage pricing and the connectivity and employment build-out along the corridor. If you are yield-focused, verify rental numbers independently rather than relying on projected figures.

Verify the K-RERA registration, the BIAPPA-sanctioned plan, the title chain and mother deed for Sy. No. 51/1, 51/2 and 51/3, the Encumbrance Certificate, the DC conversion order, the Khata, the construction timeline, the payment plan, the total all-inclusive price, current inventory, maintenance commitments, and any charges outside the headline price. Also confirm the facing of your specific unit, the floor-rise impact, and whether parking is included or charged separately.

Ask for four things: the brochure, the detailed cost sheet, the floor plans, and a site visit slot. That covers pricing, documentation, actual availability, and whether the on-ground experience matches the pitch. Visit the site before committing rather than deciding from screenshots and a single sales call.

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