Prestige Parklane is a new apartment project at Devanahalli, inside the Hi-Tech Defence and Aerospace Park Phase 2 near the Bengaluru airport. Prestige now quotes ₹65 lakh onwards* for its 1, 2 and 3 BHK homes, which makes it one of the lower priced Prestige launches on our desk. This review covers what is built, what is promised and what to check before booking.
* Prestige's starting figure. GST, other charges, stamp duty and registration are extra.
Prestige Parklane Devanahalli at a glance
| Item | What is printed |
|---|---|
| Where | Muddenahalli village, Hi-Tech Defence and Aerospace Park Phase 2, Devanahalli 562135 |
| Land | 11.76 acres |
| Towers and homes | 9 towers, 1,788 homes, each tower with 3 basements, ground and 24 floors |
| Homes | 1, 2 and 3 BHK, 567 to 1,801 sq.ft. saleable |
| RERA carpet area | 322 to 1,078 sq.ft. |
| Clubhouse | Ground plus 3 floors, at the centre of the master plan |
| Possession | 31 December 2030 (official site RERA block) |
| RERA number | PRM/KA/RERA/1251/309/PR/150926/008941 |
Where is Prestige Parklane?
The project sits east of Devanahalli town, inside the KIADB Phase 2 zone. The multifold's map marks Bettakotte Lake and The Quad nearby, with a road towards the Peripheral Ring Road (STRR) at its entry. Prestige's master plan also marks an upcoming Prestige Technology and Logistics Hub on the west side of that road.
The map names employers around it, including Wipro, Shell Technology Centre, SAP, Foxconn and Starrag, along with schools such as Akash International School and Kingdom International School. It prints no distances to the airport, the STRR or the town, so we quote none. Our pin is the area of the Aerospace Park, not the exact site, and a visit is the only real test of the commute.
Which homes does Prestige Parklane offer?
- 1 BHK Classic: 567 to 571 sq.ft. saleable, 322 to 323 sq.ft. RERA carpet.
- 2 BHK Optima and Ultima: 828 to 880 sq.ft. and 1,087 to 1,103 sq.ft.
- 3 BHK Aspire, Premia and Ultima: 1,445 to 1,469, 1,597 to 1,662 and 1,757 to 1,801 sq.ft.
Carpet area runs at roughly 57 to 62% of saleable area. The smallest 1 BHK carries a lower share than the larger homes, so compare carpet areas, not saleable areas, when you weigh two projects. Our guide to carpet area against super built up area explains the difference.
What does the payment plan look like?
The price lists we hold were valid till 27 September 2026, so they have expired and we do not repeat their figures. Ask for the current list. The payment schedule on them is a time linked plan: 10% on booking, 10% at agreement, then 24 instalments of 3.2% every two months from 10 December 2026 to 10 October 2030, and 3.2% on the possession notice, dated 31 December 2030. GST is added to each. It is a long, even spread, but payments are due on dates whether or not construction keeps pace.
Other charges are listed at ₹415 per sq.ft. plus ₹25,000 per apartment and fall due at possession. That is a real extra, so read our guide to Bangalore cost sheets before comparing it with any other launch.
What should you check before booking?
- The green cover claim. Prestige's official text says 80% of the campus is green space, and later says half. Ask which is right.
- Tower 8. We hold no price sheet for it. Ask whether it is on sale.
- Floor band prices. Some bands on the old sheets jump by lakhs between floors. Ask the reason.
- Distances. Ask for the drive time to the airport and the STRR at your travel hour.
- The RERA record. Verify it yourself with our RERA check guide.
Who Prestige Parklane suits
It suits buyers who want a Prestige home at a lower ticket in the airport corridor, for example people working at the employers named on its map, or investors who want a smaller unit. It suits less well if your office is in the city centre or you need to move in before 2030. For other northern options see our North Bengaluru launches compared.
