Prestige Opens Bagalur Pre-Launch as North Bengaluru Prices Climb

Pre-Launch Opens for Prestige KIADB Aerospace Park North Bengaluru

Prestige Group has opened pre-launch sales for Prestige KIADB Aerospace Park North Bengaluru, a mixed-use project in Bagalur on the northern side of Bengaluru, close to the airport corridor. The residential part has nine towers and 1,788 apartments in 1 BHK, 2 BHK and 3 BHK sizes, and the formal launch was set for 25 September 2026. As of September 2026, prices start at ₹56 lakh for a 1 BHK and reach ₹1.92 crore for the largest 3 BHK. The project is also searched as Prestige Parklane.

Expression of interest registrations opened on 15 September 2026, the same day the project was registered with Karnataka RERA. Some early reports say more than 1,000 apartments sold within the first two days. Treat that as an early claim until the developer shares its own sales figures.

What It Means for Homebuyers

The real question for most buyers is whether the entry price makes sense against the area. Current market data for July to September 2026 puts Devanahalli at about ₹9,844 per sq ft, with a quarterly rise of 4.5%. The launch price sheet works out to roughly ₹9,122 to ₹11,404 per sq ft. That band overlaps the locality average, and the spread reflects differences across layouts and floors.

If you need a home for your own use in the next two or three years, the early pricing is worth a look. Buyers who can wait for the metro timeline and environmental clearance to firm up may get more clarity before committing. Booking early makes the most sense if you want a 1 BHK or 2 BHK and the airport-side commute suits your job.

Expert Analysis: Price Gap and Demand Drivers

Bagalur and Devanahalli have been pulled into Bengaluru's growth mainly by the airport. The airport is roughly 19 to 20 km away by road, and the Satellite Town Ring Road gives a quicker route to the rest of the city. Thanisandra Main Road is priced at about ₹11,689 per sq ft and Yelahanka at about ₹10,164 per sq ft, both on the same portal data for July to September 2026. That keeps Devanahalli positioned as the more affordable option, and that gap is the main selling point here.

The project also brings an enterprise element. The wider master plan includes about 20 acres for data centres, a warehouse, a manufacturing block and a dedicated 220 kV substation. That could support jobs and steady daytime demand over time. It will also change the surroundings noticeably over the next few years, which is worth keeping in mind if you value quiet streets.

What to Expect Next

Three milestones matter most. The environmental terms of reference for the wider development were approved on 10 September 2026, but full environmental clearance was still pending as of 17 September 2026. The Blue Line metro stations at Doddajala and Bettahalasuru, about 6 km away, are proposed rather than running, and project marketing points to a September 2027 target. The registered schedule places earthwork and levelling from October 2026 to May 2027.

Price, Sizes and Possession

Prices as of September 2026 include one car park and exclude other charges and registration. The launch material describes GST differently in different places, so get the treatment confirmed in writing before you book. The rate across layouts is about ₹9,122 to ₹11,404 per sq ft. The project will have 858 one-bedroom, 391 two-bedroom and 539 three-bedroom homes.

The project update gives a possession date of 6 January 2031. The RERA-declared completion date is 31 December 2030, and several portals list December 2030. Read the possession clause closely and ask what compensation applies if handover slips.

RERA details: Karnataka RERA registration PRM/KA/RERA/1251/309/PR/150926/008941, registered on 15 September 2026. The KIADB building plan was sanctioned on 13 August 2026 under reference DO3-KIADB-00128/26-27/BP.

For floor plans, ask the sales team for the unit-wise layout of the floor and facing you are considering, since carpet areas vary within each configuration.

Facts as on 16 October 2026, from RERA / the developer.

Location and Travel Times

• Satellite Town Ring Road: about 2 km, roughly 2 minutes by car.
• Kempegowda International Airport: about 19 to 20 km, roughly 15 to 30 minutes by road depending on the route.
• Devanahalli Railway Station: about 1.4 km.
• Doddajala and Bettahalasuru Blue Line stations: about 6 km, around 10 minutes by road, currently proposed.
• Central Bengaluru (Majestic): about 45 km, a long commute on busy days.
• Schools: Akash International School about 1.2 km; Daffodils School about 1.4 km.
• Hospitals: Akash Hospital about 0.4 km; Akash Medical College Hospital about 1.5 km.
• Chanakya University: about 6.7 km.
• Daily needs: Drogher's Hub Supermarket about 0.6 km, with Devanahalli Old Bus Stand nearby.

Amenities and Specifications

• Central landscaped park with a water body, and about 4 acres of landscaped greens
• Swimming pool and children's pool, gymnasium, spa and rooftop viewing deck
• Two double-height badminton courts, plus jogging track, padel, pickleball and multi-court in the master plan
• Party hall, business centre, salon, creche, guest rooms, pharmacy and convenience store
• 24-hour security, intercom and CCTV
• RCC structure, vitrified tiles in living, dining, bedrooms and kitchen, ceramic tiles on balconies
• Toilets with countertop washbasins and chrome-plated fittings; lifts sized for all floors

Each tower has 3 basements, a ground floor and 24 floors, with a reported height of 76.55 metres. Basement parking is planned to keep the surface free for landscaping.

About Prestige Group

Prestige Group was founded in 1986 and is headquartered in Bengaluru. It runs residential, commercial, retail and hospitality businesses across Indian cities. Its FY 2025–26 investor presentation reports 316 completed projects covering 212 million sq ft. Its Bengaluru portfolio includes large townships and well-known city landmarks. Apex Realty Management Private Limited is the registered project company for this development.

Related Projects and Areas Affected

• Devanahalli: the nearby locality, averaging about ₹9,844 per sq ft.
• Thanisandra Main Road: about ₹11,689 per sq ft, a useful benchmark for the price gap.
• Yelahanka: about ₹10,164 per sq ft, a comparison point for north Bengaluru.
• Doddajala and Bettahalasuru: Blue Line stations that will change access once they open.
• KIADB Hi-Tech, Defence and Aerospace Park Phase 2: the industrial park where the enterprise estate sits.

Frequently Asked Questions

What is the price of Prestige KIADB Aerospace Park North Bengaluru?

Prices as of September 2026 range from ₹56 lakh for a 1 BHK Classic to ₹1.92 crore for a 3 BHK Ultima, with one car park included. Other charges are extra.

When is possession due?

The project update gives 6 January 2031, while the RERA-declared completion date is 31 December 2030. Check the possession clause in your agreement.

What is the RERA number?

The Karnataka RERA registration is PRM/KA/RERA/1251/309/PR/150926/008941, granted on 15 September 2026.

Is this a good time to buy in Bagalur?

The launch price of ₹9,122 to ₹11,404 per sq ft sits close to the Devanahalli average of about ₹9,844, so early pricing looks competitive. Metro timing and environmental clearance still carry some uncertainty.

Full project details: Prestige KIADB Aerospace Park North Bengaluru