Prestige Palm Residences
READY TO MOVE

Prestige Palm Residences

VillasDerlakatte, MangaloreRs. 2.07 Cr Onwards RERA: PRM/KA/RERA/1257/334/PR/190108/002286

Prestige Palm Residences is a completed villa project by Prestige Group in Derlakatte, Mangalore, where the first phase gained occupancy approval in December 2024. It is a gated community of 101 independent homes on roughly 14.7 acres of land. The site is only a short drive from the national highway linking Mangaluru with Kochi.

Three-bedroom villas make up most of the plan, alongside a larger four-bedroom design called Type A. Every home has two full levels plus a roof terrace, and a car porch opens onto the street. A clubhouse with a pool, sports courts and a party hall serves all the residents.

The smallest villa is offered at Rs. 2.07 Crore, and the larger designs are quoted on request. Living areas are laid in imported marble, with vitrified tiles in the bedrooms and solar-heated water. Our Prestige Group page lists the developer's other projects.

The project in brief:

  • Location: Derlakatte, Mangaluru 575018
  • Homes: 101 villas, Phase I of 24 now complete
  • Bedrooms: three or four
  • Lowest price: Rs. 2.07 Crore

Key Facts at a Glance

Property Type
Villas
Total Land Area
14.7 Acres
No. of Units
101 Villas
Towers & Blocks
101 Villas in 2 Phases (Phase I: 24 Villas + Clubhouse)
Floors per Tower
Ground + 1 Floor + Terrace
Possession
December 2024
Construction
Completed (Ready to Move In)
RERA No.
PRM/KA/RERA/1257/334/PR/190108/002286
Price
Rs. 2.07 Cr Onwards
Location
Derlakatte, Mangalore

Prestige Palm Residences Price List

Unit TypeSize (SBA)All-in Price (approx.)
3 BHK Villa (Type C)2809 Sq.ftRs. 2.07 Crore Onwards
3 BHK Villa (Type B1)3427 Sq.ftPrice on Request
3 BHK Villa (Type B)3453 Sq.ftPrice on Request
3 BHK Villa (Type B2)3464 Sq.ftPrice on Request
4 BHK Villa (Type A)4296 Sq.ftPrice on Request

Starting price for the villas, shown against the smallest design (Type C, 2,809 sq ft). The larger villas are priced on request; stamp duty and registration are extra.

Prestige Palm Residences Price Details

Prices at Prestige Palm Residences open with Rs. 2.07 Crore, matched in our table to Type C, the most compact villa. For the three Type B layouts and Type A with four bedrooms, a price is quoted per villa on enquiry.

With the Phase I occupancy certificate in place, a purchase moves straight to a sale deed. Backup power covering the whole villa is charged separately. A home loan is the usual route, and the EMI calculator gives the monthly figure for a chosen amount and term.

Prestige Palm Residences Location

Sy. No. 321/2B, 321/21C, 323/B & 3, Derlakatte, off Mangaluru-Kochi National Highway, Mangaluru, Karnataka 575018

Prestige Palm Residences is in Derlakatte, Mangaluru, a little away from the highway to Kochi. The neighbourhood has grown around its colleges and teaching hospitals, among them Father Muller Homoeopathic Medical College and Kanachur Institute of Medical Sciences.

Local roads around the villas are listed below:

  • Beeri-Derlakatte Road
  • Koppal Road
  • Badiyar Road

Natekal bus stop is on the main road nearby. For other homes in the city, see our property listings in Mangalore.

Prestige Palm Residences Master Plan

Prestige Palm Residences master plan
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Master Plan

Prestige Palm Residences Floor Plans

Prestige Palm Residences villa plan (Type A)
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Prestige Palm Residences villa plan (Type A)

Prestige Palm Residences villa plan (Type B)
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Prestige Palm Residences villa plan (Type B)

Prestige Palm Residences villa plan (Type C)
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Prestige Palm Residences villa plan (Type C)

Want the complete floor plans? Request them and we will share them on WhatsApp/Email.

Unit TypeSize (Sq.Ft)
3 BHK Villa (Type C)2809 Sq.ft
3 BHK Villa (Type B1)3427 Sq.ft
3 BHK Villa (Type B)3453 Sq.ft
3 BHK Villa (Type B2)3464 Sq.ft
4 BHK Villa (Type A)4296 Sq.ft

Prestige Palm Residences Villa Plans

Villas at Prestige Palm Residences follow three basic designs, named A, B and C, with mirrored versions of some layouts. All of them have rooms on two floors and a usable terrace on top.

Type C (3 BHK)

Type C is the narrowest design, with a super built-up area of 2,809 sq ft and 1,915 sq ft of carpet. A bedroom, kitchen, utility and maid's room share the ground floor with the living and dining room. The master bedroom and one more bedroom are upstairs with a family lounge.

Type B (3 BHK)

Type B1 measures 3,427 sq ft, Type B 3,453 sq ft and Type B2 3,464 sq ft, each with 2,230 sq ft of carpet area. They add a study and a courtyard downstairs, and the first floor opens onto a wide terrace.

Type A (4 BHK)

The largest home is Type A, with a super built-up area of 4,296 sq ft and a carpet area of 2,939 sq ft. It has four bedrooms, a room for a home theatre, and a three-car porch. A shaft for a private lift is built into the plan.

Prestige Palm Residences Amenities

Gymnasium
Clubhouse
Swimming Pool
Landscaped Gardens
Supermarket
Tennis Court
Squash Court
Table Tennis
Rainwater Harvesting
Intercom
Kids’ Pool
Party hall
Sewage Treatment Plant
Security
Sauna
Indoor Badminton Court
Cards Room
Pool Deck
Children's Play Area
Pool Table
Steam room
Home Theatre

Prestige Palm Residences shares one clubhouse among its villas, set at the front of the layout beside the pool. Inside the Palmgrove Club, the floors are arranged like this:

  • Upper ground: reception lounge, gym, home theatre, reading room and a supermarket
  • Lower ground: squash, table tennis and a room for cards and billiards
  • Basement: party hall, plus steam, sauna and massage rooms

Outside are a swimming pool, a kids' pool and a tennis court, and badminton is played indoors. Children get a play area of their own, and an open terrace is set apart for yoga and aerobics.

Prestige Palm Residences Specifications

Prestige Palm Residences uses imported marble for the main living spaces, the stairs and the master bathroom. Bedrooms get vitrified tiles, while balconies have anti-skid tiles.

Other fittings in each villa include:

  • UPVC external doors and windows, with grills
  • Emulsion paint inside and cement paint outside
  • Shower partitions in all bathrooms
  • Separate electricity meter and ELCB
  • Intercom to the security post

Prestige Palm Residences RERA and Approvals

Registration of Prestige Palm Residences with Karnataka RERA, for the first phase, carries number PRM/KA/RERA/1257/334/PR/190108/002286. The promoter is Prestige Estates Projects Limited, and the villas are a joint development with AFI Properties.

That registration takes in the club and 24 villas. Its completion date, first set for January 2022, moved to October 2023 under a COVID extension and a further extension. Kotekar Town Panchayat then issued the occupancy certificate, dated 12 December 2024.

Prestige Palm Residences Construction Status

Construction at Prestige Palm Residences is finished for Phase I, which families can now occupy. Villas are still offered for sale, and our team can arrange a site visit. We will also confirm which villas are open and the timeline for the next phase.

About Mangalore

Mangalore is a coastal port between the Arabian Sea and the Western Ghats, and the commercial centre of Karnataka's Dakshina Kannada district. It has a long banking history, several large educational institutions and a food culture quite distinct from inland Karnataka.

Read more about Mangalore →

Frequently Asked Questions

Who is the developer of Prestige Palm Residences?
Prestige Estates Projects Limited, part of Prestige Group, in a joint development with AFI Properties.
Which locality is Prestige Palm Residences in?
Derlakatte in Mangaluru, PIN 575018, a short way from the highway to Kochi.
Does Prestige Palm Residences have four-bedroom villas?
Yes. Type A has four bedrooms, a home theatre room and parking for three cars.
What do villas at Prestige Palm Residences cost?
Entry is Rs. 2.07 Crore. Larger villas are quoted per home on request.
When did Prestige Palm Residences get its occupancy certificate?
Phase I, covering 24 villas plus the clubhouse, got it in December 2024.
What sports facilities does Prestige Palm Residences have?
Swimming, tennis, indoor badminton, squash, table tennis and a gym.

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About the Builder

Prestige Group has developed in Bengaluru since 1986 under chairman and managing director Irfan Razack. It builds across residential, office, retail and hospitality, and is rated DA1+ by CRISIL.

Ongoing: 50Completed: 74
Read more about Prestige Group →

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