Prestige Avon Thanisandra Pre-Launch Prices Sit Above Local Market Rates

Facts as on 3 October 2026, from the developer.

Prestige Avon Thanisandra is a 260-home, three-tower project by Prestige Group on Thanisandra Main Road in north Bengaluru. It is at the pre-launch stage. The homes run from 2 BHK to 3.5 BHK, and prices start at Rs 1.73 Cr for the smallest 2 BHK, plus charges.

Prestige Avon Thanisandra Pre-Launch Prices Sit Above Local Market Rates

Prestige Group has started the pre-launch for this project. Families can register their interest by filling in an expression of interest form and paying a priority amount. Each family gets a priority number, which decides the order in which they pick a unit later.

The company first laid out its launch plan in a July 2026 presentation. It says a formal launch and official price list will come in October 2026.

One point needs to be clear. The project is not yet RERA registered and is not open for sale or booking until registration is done. The interest form is a way to get in line early, not a booking.

Key Numbers at a Glance

The base selling price is Rs 13,300 to Rs 14,500 per sq ft, plus charges, as of October 2026. Quoted prices do not include GST, registration or other statutory charges.

Impact on Homebuyers

The price per sq ft is the first thing to look at. Apartments on Thanisandra Main Road averaged Rs 11,750 per sq ft in April to June 2026. That was down 1% from the quarter before. The project's base rate of Rs 13,300 to Rs 14,500 sits clearly above that average.

A higher rate can be fair if the building brings more. Here, buyers get a larger home, a bigger clubhouse and more green space. Still, buyers should compare it with resale flats and other new launches on the same road before they commit.

Buyers should also budget for the extra costs. GST is 5% on under-construction homes. Karnataka stamp duty is about 5 to 7%, and registration is 1%. Car parking, floor rise charges, preferred location charges and club membership are all extra.

The payment plan is linked to construction progress. The milestone percentages will be fixed at launch, so buyers should read the schedule closely when it comes out.

Who it suits: Families who want three bedrooms or a bigger home, and who can stretch past Rs 1.73 Cr, will find the most value here. Buyers on a tight budget may want to wait for the October price list and compare it with the 2 BHK.

Project Details Buyers Need

• Towers and homes: Three towers with 18, 22 and 25 floors, built over three basement levels and a ground floor. There are 260 homes in total, with four homes on each floor.
• Unit mix: 65 two-BHK homes, 130 three-BHK homes and 65 larger units of 2,160 sq ft.
• Land and parking: The site covers about 3.40 acres. The project has 457 car parks, and 65 of them will have EV charging.
• Layout: The homes sit on the western part of the site, and the leisure zone is at the eastern end. Bedrooms are at least 11 ft wide, and each bedroom has its own toilet.
• Clubhouse and sport: A stand-alone clubhouse with indoor games and a multipurpose hall, a swimming pool, a kids' pool, two outdoor sports courts and a gym.
• Green space: Landscaped gardens, a children's play area, a central lawn, jogging and walking paths, a cycling track and a meditation area.
• Other extras: An amphitheatre, co-working space, a senior citizen zone, a sky lounge and a spa and wellness centre.
• Utilities: Rainwater harvesting and a sewage treatment plant. Each tower has three lifts.

Getting around: The project is about 2.3 km from Wisdom Montfort International School and 3.2 km from the Bhartiya City offices. Bhartiya Mall is 3.6 km away, and Manyata Tech Park is 7.9 km. Kogilu Cross on Bellary Road is 4.3 km away. Kempegowda International Airport is about 20 km off. The nearest Blue Line station is 8.5 km away, and the Pink Line interchange at Nagawara is 7.9 km. Yelahanka Junction, Bengaluru Cantonment and Yeshwanthpur Junction are the nearest railway stations.

Expert Analysis

Thanisandra has become a steady pick for buyers who work in the north-east tech belt. Prices in the wider area have grown 11.4% in the last year, 57.7% in three years and 94.2% in five years. Rental yields sit around 3.6%, based on 2026 figures.

The demand is real. The SEZ and IT offices nearby include names such as IBM, TCS and Philips. Manyata Tech Park and Karle Town Centre are both close, so tech staff are a big share of the renters.

Infrastructure is the other big driver. The Blue Line airport metro is expected around 2028, and the Nagawara to airport corridor is reported to be about 72% complete. A Phase 3 metro corridor through Thanisandra is under construction, at a cost of Rs 10,000 Cr. The state has also sanctioned Rs 31.5 Cr for widening Thanisandra Main Road and building an airport link road.

The developer brings a strong track record. Prestige Group was founded in 1986 in Bengaluru and has delivered 316 projects covering 212 million sq ft. Its FY26 sales bookings reached a record Rs 30,024 crore. The company holds a CRISIL DA1+ rating, reaffirmed in March 2026, and says about 90% of its ongoing projects are on or ahead of schedule.

There are risks too. The environmental clearance application was filed in June 2026. Building plan sanction is still in process. The developer's possession target is 2031, so buyers are looking at a long wait. Metro dates in Bengaluru have moved before, so buyers should not bank on the metro alone when they judge the price.

What to Expect Next

The next big step is the formal launch and official price list, planned for October 2026. Buyers should watch for the RERA registration, since sales can open only after that. Building plan sanction and the environmental clearance are the other approvals to track.

The land deal is already in place. The joint development agreement was registered in May 2026, and the land was converted for residential apartment use in September 2025. The airport authority height clearance is valid to October 2033.

Once the price list is out, expect the market to test the base rate against nearby launches. If prices hold, the project will be a clear benchmark for new homes on Thanisandra Main Road.

Related Projects and Areas Affected

• Thanisandra Main Road: The road is seeing new supply, with apartments averaging Rs 11,750 per sq ft in the latest quarter.
• Another Prestige project on the same road: A 117-home development with 3 and 4 BHK homes at Rs 12,800 per sq ft and possession in December 2027.
• Another Prestige pre-launch on the same road: A project with 2, 3 and 4 BHK homes from Rs 92 lakh and possession in 2030.
• Bhartiya City and Manyata corridor: The job hub gives this stretch steady rental demand from tech staff.
• Hebbal, Hennur and Yelahanka belt: The area gains from the metro, the widened road and the Phase 3 corridor.

Full project details: Prestige Avon Thanisandra