StockWatch
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Residential- Commercial Projects
New Launch25 Sept 2026, 02:54 pm

Prestige Estates Launches Prestige Parklane in Bengaluru

AI Summary

Prestige Estates Projects Limited has launched Prestige Parklane, a new residential development in Devanahalli, Bengaluru. The project spans 11.91 acres and features 1,788 homes across nine towers, offering 1, 2, and 3 BHK configurations. With a total saleable area of approximately 1.7 million sq. ft., the project has a Gross Development Value (GDV) of ₹1,750 crore. Located near the Satellite Town Ring Road (STRR), it emphasizes community spaces with 4 acres of landscaped greens and a 30,000 sq. ft. clubhouse. This launch targets the growing North Bengaluru market, leveraging improved infrastructure and connectivity.

Key Highlights

  • New residential launch: Prestige Parklane in Devanahalli, Bengaluru.
  • Project size: 11.91 acres with 1,788 homes.
  • GDV estimated at ₹1,750 crore.
  • Strategic location on STRR, targeting North Bengaluru growth corridor.
  • Focus on amenities and community-oriented spaces.