Prestige Parklane launch: what has actually been released

A launch is not one event. In the weeks around it, the honest question is not "has it launched" but "which specific documents exist yet". This page tracks that, document by document, as of 21 September 2026, the day after the 20 September launch.

The short answer

Prestige Parklane is registered and legally open for booking. It holds Karnataka RERA registration PRM/KA/RERA/1251/309/PR/150926/008941, granted on 15 September 2026 and valid to 31 December 2030. The registered promoter is Apex Realty Management Private Limited. The sanctioned plan, the declared completion date and the unit-wise carpet areas are all on the public record. Prices are published on the developer price sheets and the fact sheet, including car park and floor rise, with GST, other charges and registration extra.

Where each document stands

The published starting prices

These are starting prices from the developer price sheets, valid till 27 September 2026. They include the car park and floor rise; GST at 5 per cent, other charges, stamp duty and registration are extra. The unit you are allotted may price above the start depending on its tower and floor band, and the top of the range is ₹1.92 crore for a 1,801 sq ft 3 BHK Ultima on the 21st to 24th floors.

Why the distinction mattered, and why it has now closed

Under Section 3 of the Real Estate (Regulation and Development) Act 2016, a project cannot be advertised for sale, marketed for booking or sold until it is registered. That single provision is what converts every other promise into something you can enforce. A drawing shared before registration is information. The same drawing filed with the authority is a commitment.

They can be the identical PDF and mean entirely different things. The difference only becomes visible when something goes wrong. For Parklane that gap closed on 15 September. The documents that matter are now filed rather than circulated.

How we got here: the approval sequence

Registration is the visible milestone, but it sits at the end of a chain. Seeing the dates in order shows how the project moved from drawings to a legal right to sell.

Two things stand out in that sequence. First, the gap between application and grant was 25 days. That sits inside the thirty days the Act allows the Authority, which suggests the filing was complete on first submission. Second, the payment calendar is already fixed against it. The first instalment falls roughly ten weeks after the declared start, and the last falls about twelve weeks before declared completion.

What was corrected along the way

Pages that track a launch should show their corrections rather than quietly overwrite them. Four figures on this site changed as documents landed.

• Prices. Earlier fact-sheet starting prices are superseded by the developer price sheets issued at the 25 September 2026 launch: from ₹56 lakhs, including car park and floor rise, with GST and other charges extra.
• The payment schedule. Earlier material described a construction-linked plan. The published schedule is date-linked.
• Maintenance. An earlier, lower monthly estimate is superseded by the fact sheet's advance CAM of ₹120 per sq ft over 24 months, which works out at ₹5 per sq ft a month.
• Power backup. Earlier material described partial backup. The specification states 100% backup for all apartments at additional cost.

Where a figure here differs from something you read earlier, the filed or published document is the one to trust.

What to do now

Verify the registration yourself. Not from a screenshot. Search the project name on the Karnataka RERA portal and read what was filed: the promoter, the land documents, the sanctioned plan, the declared completion date.

Settle your configuration and tower before your turn. Each tower holds one band of homes, so the two decisions are linked. Queue position is wasted on someone still deciding.

Price the whole cheque, not the headline. Possession-stage charges, including the ₹25,000 assessment charge and GST, come to about ₹4.24 lakhs on an 880 sq ft 2 BHK Optima and about ₹6.77 lakhs on a 1,445 sq ft 3 BHK Aspire, on top of 5 per cent GST on the price and registration.

Read the agreement before paying beyond ten per cent. The Act bars the promoter from taking more than that without a registered agreement for sale.

Check that names match. Your allotment letter and agreement should name the same promoter and the same registration number as the filing.

What is still worth asking for in writing

Registration answered the big questions. A few practical ones remain that no public document settles.

• The lift count per tower. The specification says only "lifts of suitable size and capacity".
• Where your tower sits in the construction sequence, since handovers are staggered.
• Which car park type your pre-allotted bay is (Standard, Standard EV or Linked) and where it sits, since bays may lie outside the tower footprint and change requests are not accepted.
• Exactly what the 100% power backup covers on your unit.
• Whether the price quoted to you holds if your agreement is signed after the price sheets lapse on 27 September 2026.

Frequently asked questions