Prestige Parklane, Devanahalli: Plans, Launch Prices and Checks (October 2026)

Known before launch by the working name Prestige KIADB, Prestige Parklane is a fresh apartment launch from Prestige Group. It is inside the KIADB aerospace park, Phase 2, close to Devanahalli in North Bangalore. Below are its registered details, plans and launch pricing, the location, and what a buyer should verify before booking.

Registered Details

Karnataka RERA issued the registration on 15 September 2026. Bookings opened five days later, on 20 September 2026, and the particulars are these:

• Registration: PRM/KA/RERA/1251/309/PR/150926/008941
• Promoter firm: Apex Realty Management Private Limited, part of Prestige Group
• Format: flats for residential use
• Land: a residential zone of 11.90 acres inside a master plan of 32.26 acres
• Towers: 9, each with 3 basements, a ground floor and 24 floors above
• Flats: 1,788 in total (3 BHK: 539, 2 BHK: 391, 1 BHK: 858)
• Location: Plot No. 24, Phase 2 of the KIADB Hi-Tech, Defence and Aerospace Park, Devanahalli, PIN 562110
• Plan sanction: 13 August 2026, by KIADB
• Completion date proposed: 31 December 2030

Pre-launch talk mentioned 8 towers, 12 acres and roughly 1,800 flats. What was registered is 1,788 flats in 9 towers across a residential zone of 11.90 acres, and the sale agreement carries these registered figures.

Location and Distances

Plot No. 24 falls between the villages of Muddenahalli and Haraluru, to the east of Devanahalli town. NH 648, the Satellite Town Ring Road joining Doddaballapur and Hoskote, runs 2 km from the plot. NH 44, or Bellary Road, leads to the airport, Hebbal and the city.

Road distances from the plot are:

• 2 km to the Satellite Town Ring Road
• 8.7 km to Devanahalli town
• 20 km to Kempegowda International Airport
• 29.4 km to Yelahanka
• 45 km to Majestic in central Bangalore

Namma Metro's airport-bound Blue Line is still being built, with Doddajala the closest planned station, so the first years depend on roads. The distance to the city is large, so a rush-hour test drive is wise for anyone whose office is in Manyata, Hebbal or the centre.

It makes most sense for people working in the aerospace park, around the airport or in the ring road's industrial belt. Larger schools and hospitals are between 7 km and 10 km off, with few close by now. The area will need years to fill in.

Plans and Launch Prices

Seven plans cover 1 BHK, 2 BHK and 3 BHK flats, and saleable sizes go from 567 sq ft to 1,801 sq ft. The launch price list of 20 September 2026 read:

Launch rates worked out to Rs. 9,122 per sq ft at the lowest and Rs. 11,404 at the highest, on saleable area. Each price took in the flat, a single car park and the floor-rise charge of its floor band. Carpet areas begin at 322 sq ft for a 1 BHK Classic and the biggest 3 BHK reaches 1,078 sq ft, so compare on carpet too.

Costs added to the price

Three charges come on top:

• 5% GST, charged on sale value and paid along with every instalment
• At possession, other charges at Rs. 415 a sq ft and a further Rs. 25,000, GST extra
• 5.6% stamp duty and a 2% registration fee, due on registration

For a Rs. 56 Lakhs flat, GST is Rs. 2.8 Lakhs, while duty with registration is roughly Rs. 4.3 Lakhs. The EMI calculator gives the monthly payment for any price.

How payments are scheduled

The plan runs on fixed dates rather than construction stages. Buyers pay 10% on booking and 10% once the agreement is initiated. After that, 3.2% falls due every two months for 24 instalments, starting 10 December 2026 and ending 10 October 2030, with a last 3.2% on possession.

Because payments are date-linked, they fall due even if a tower slips behind. Loan buyers should ask their bank how disbursals will follow such a timetable.

Master Plan and Facilities

A central boulevard splits the master plan into two zones. On the residential side of 11.90 acres, the nine towers curve in an arc around the central park and its water body. The balance of 20.36 acres is reserved for an enterprise estate: data centres, a 220 KV substation, and blocks for warehousing and manufacturing.

That estate is not part of the homes' RERA registration. Since the flats border a working industrial zone, ask what will come up beside the selected tower, and by when. At about 150 flats per acre (1,788 on 11.90 acres), lift numbers and rush-hour movement deserve questions too.

Planned facilities include:

• Clubhouse with indoor games and fitness areas
• Main pool plus a children's pool
• Pickleball, padel and multi-sport courts
• Jogging track, outdoor gym and cricket practice net
• Gathering arena, party lawn and children's play area
• Pet garden and vegetable garden

Parking comprises 130 open bays and 1,780 covered basement bays. One bay is pre-allotted to every flat.

Registration and Build Stage

Only the residential zone is registered, with validity up to 31 December 2030. Construction is registered to start on 1 October 2026, and the contractor is Larsen & Toubro. Being a new launch, it faces four years of building.

Karnataka's RERA portal confirms the number and also shows the sanctioned plans, the unit list of carpet areas and quarterly progress. Water is registered as borewell supply, so ask the sales team how 1,788 flats will be served.

Who It Suits

Parklane suits people working in or around the aerospace park who want a big-developer home near work. The 1 BHK Classic, close to half of all flats, fits first-time buyers and investors renting to local staff. Families choosing a 3 BHK get a campus well stocked with sport and leisure spaces.

Anyone wanting possession ahead of 2031, or counting on shops, schools and hospitals a short stroll away, should choose a finished project in a mature locality. Other Devanahalli apartments on sale are nearer both NH 44 and the town.

Before Booking

Finish these checks before paying the booking amount:

• The agreement's tower, unit number, floor and carpet area, compared with the RERA unit list
• The plan approval issued by KIADB, plus the land allotment papers of Plot No. 24
• A complete cost sheet showing GST, other charges, the corpus and advance maintenance
• The payment schedule, set against the bank's loan sanction terms
• The enterprise estate's plans for the land beside the selected tower
• Which car bay type is allotted: Linked, Standard EV or Standard
• Every payment going into the project account designated under RERA

Since the price moves with the unit line, floor and tower, a quote for the exact flat counts for more than the opening figure. On request, we can send the current Parklane cost sheet, price list and floor plans.