Prestige Parklane Latest News and Updates
Prestige Parklane latest news is that the project received Karnataka RERA registration on 15 September 2026 and launches officially on 25 September 2026. Phase 1 is registered under PRM/KA/RERA/1251/309/PR/150926/008941. EOI also opened on 15 September. The launch price starts at ₹56 lakh for a 1 BHK Classic, ₹82 lakh for a 2 BHK Optima and ₹1.32 crore for a 3 BHK Aspire. The rate works out to ₹9,122 – ₹11,404 per sq ft, including the car park and floor rise.
The latest Prestige Park Lane update also confirms 9 residential towers, 1,788 apartments and six unit types from 567 to 1,801 sq ft. The building plan was approved by KIADB on 13 August 2026. Apartment construction is scheduled to start on 1 October 2026. RERA completion and possession are both set for 31 December 2030. These dates replace several older pre-launch estimates that circulated before RERA registration.
Prestige Parklane Latest News – September 2026
September 2026 has brought the biggest project updates so far. RERA registration, EOI and the launch have all taken place.
| Milestone / Event | Date | Status |
|---|---|---|
| KIADB Building Plan Approved | 13 August 2026 | Completed |
| Karnataka RERA Registration Granted | 15 September 2026 | Completed |
| EOI (Expression of Interest) Opened | 15 September 2026 | Open |
| Official Project Launch | 25 September 2026 | Completed |
| Apartment Construction Start | 1 October 2026 | Scheduled |
| RERA Completion Date | 31 December 2030 | Registered timeline |
| Possession | 31 December 2030 | On intimation of possession |
The project has therefore moved from the early pre-launch stage into the registered new-launch stage.
Prestige Parklane RERA Latest Update
The biggest Prestige Parklane RERA update is the registration granted on 15 September 2026.
The RERA number is:
PRM/KA/RERA/1251/309/PR/150926/008941
Phase 1 covers the residential development. The project has 9 towers and 1,788 apartments in 1, 2 and 3 BHK formats.
The registered promoter is Apex Realty Management Private Limited. The project is part of the wider Prestige Group development in KIADB Phase 2, Devanahalli.
RERA registration also gives buyers a formal record for the approved project plan, unit details and declared completion period.
Prestige Parklane Launch Date Latest News
Prestige Parklane launches on 25 September 2026.
EOI opened on 15 September, after the RERA registration was granted. Formal booking and unit allocation moved into the launch stage from 20 September.
This is an important change from older project information that showed later launch dates.
Buyers checking Prestige Parklane latest news today should therefore work from the 25 September 2026 launch price sheets, which are valid till 27 September 2026.
Prestige Parklane Price Latest Update
The latest Prestige Parklane price update has also changed the earlier pre-launch figures.
The current starting price is ₹56 lakh, and the launch rate works out to ₹9,122 – ₹11,404 per sq ft. Prices include the car park and floor rise; GST, other charges and registration are extra.
| Configuration | Saleable Area (Sq Ft) | Starting Price | Rate / Sq Ft |
|---|---|---|---|
| 1 BHK Classic | 567 – 571 sq ft | ₹56 Lakh | ₹9,877 – ₹11,404 / sq ft |
| 2 BHK Optima | 828 – 880 sq ft | ₹82 Lakh | ₹9,903 – ₹11,023 / sq ft |
| 2 BHK Ultima | 1,087 – 1,103 sq ft | ₹1.02 Cr | ₹9,315 – ₹10,488 / sq ft |
| 3 BHK Aspire | 1,445 – 1,469 sq ft | ₹1.32 Cr | ₹9,122 – ₹10,602 / sq ft |
| 3 BHK Premia | 1,597 – 1,662 sq ft | ₹1.46 Cr | ₹9,142 – ₹10,210 / sq ft |
| 3 BHK Ultima | 1,757 – 1,801 sq ft | ₹1.64 Cr | ₹9,334 – ₹10,661 / sq ft |
The current price range is therefore ₹56 lakh to ₹1.92 crore. Every price includes the car park and floor rise, and excludes GST at 5%, other charges and registration. The prices are valid till 27 September 2026.
Within each type, the price moves with the tower and one of seven floor bands, from the ground floor up to floors 21 to 24.
What Changed in Prestige Parklane Apartment Sizes?
The latest RERA and launch information gives a much clearer unit range than the earlier broad pre-launch data.
Prestige Parklane now has six main apartment choices between 567 and 1,801 sq ft.
The total 1,788 homes are divided into:
- 858 1 BHK apartments
- 391 2 BHK apartments
- 539 3 BHK apartments
This unit split is useful for buyers because it shows that nearly half of the project inventory is planned as 1 BHK homes.
The 3 BHK category has 539 apartments spread across the 3 BHK Aspire, 3 BHK Premia and 3 BHK Ultima layouts.
Prestige Parklane Approved Plan Update
The Prestige Parklane building plan was approved by KIADB on 13 August 2026.
The approval number is:
DO3-KIADB-00128/26-27/BP
The residential plan has 9 high-rise towers, with each tower planned as 3 basements + ground floor + 24 upper floors.
Phase 1 covers about 11.90 acres within the wider 32.26-acre mixed-use master plan.
The wider development also includes a separate enterprise estate. The residential towers and business zone are divided by the internal master-plan layout.
Prestige Parklane Construction Latest Update
The latest Prestige Parklane construction update shows that apartment tower construction has not yet started.
The current work is focused on site preparation.
The latest site work includes:
- KIADB approach road completed
- Arterial road completed
- Experience centre work in progress
- Landscaping work in progress
- Water-storage installation
- Power-backup installation
- Service ducting work
- Driveway and kerbing work
Apartment construction is scheduled to start on 1 October 2026.
This distinction is important. Site-development work is active, but the nine apartment towers are not yet rising.
Prestige Parklane Possession Latest Update
The current Prestige Parklane possession date is 31 December 2030.
The project has two important dates, and they now fall on the same day:
RERA completion date: 31 December 2030
Possession date (on intimation of possession): 31 December 2030
Completion and possession are still separate steps.
Completion covers the project construction timeline. Possession follows the final handover process, and the last 3.2% instalment and the other charges fall due on intimation of possession.
Buyers should use these latest dates instead of older possession estimates published before RERA registration.
Prestige Parklane EOI and Booking Update
Prestige Parklane EOI opened on 15 September 2026.
The EOI stage allows interested buyers to register their unit preference before the full launch allocation.
The project launches on 25 September 2026. Buyers can now check the live tower, floor and unit inventory against the launch price sheet.
The launch prices are valid till 27 September 2026 and remain subject to actual unit availability.
What Is Confirmed After Prestige Parklane RERA Approval?
Several project details are now more firmly established than they were during the early pre-launch stage.
Confirmed current details include:
- Karnataka RERA registration
- RERA number
- Approved building plan
- 9 residential towers
- 1,788 apartments
- 1, 2 and 3 BHK homes
- Six main size ranges
- Launch price sheets, with the car park and floor rise included
- Declared construction start
- RERA completion date
- Current possession date
Some details can still change with live sales inventory.
These include tower availability, floor availability and which units remain unsold.
Prestige Parklane Latest News for Buyers
Buyers checking the project after the RERA approval should now verify the registered unit details instead of older pre-launch estimates.
The main details to check before choosing a home are:
- RERA number
- Tower and floor
- Apartment configuration
- Saleable and carpet area
- Current unit price
- Additional charges
- Payment schedule
- Registered completion date
- Current possession date
The most important September update is that Prestige Parklane is no longer only a proposed pre-launch project. Phase 1 now has a Karnataka RERA registration, an approved building plan and a published launch price sheet.
FAQs
Prestige Parklane received Karnataka RERA registration on 15 September 2026. EOI opened on the same date, and the project launches on 25 September 2026.
Yes. Phase 1 is registered with Karnataka RERA under PRM/KA/RERA/1251/309/PR/150926/008941.
Prestige Parklane launches officially on 25 September 2026.
Prices start from ₹56 lakh for a 1 BHK Classic, ₹82 lakh for a 2 BHK Optima and ₹1.32 crore for a 3 BHK Aspire. The largest 3 BHK Ultima runs from ₹1.64 crore to ₹1.92 crore. Prices include the car park and floor rise; GST, other charges and registration are extra.
The launch price sheet works out to ₹9,122 – ₹11,404 per sq ft, including the car park and floor rise. Larger homes carry the lower rate.
Yes. EOI opened on 15 September 2026.
Apartment construction is scheduled to begin on 1 October 2026. Site enabling and infrastructure work is already under way.
Possession is set for 31 December 2030.
The project has 1,788 apartments across nine residential towers.
Yes. “Prestige Parklane” is the current project spelling, while “Prestige Park Lane” is also commonly used in searches and earlier project references.
