Prestige Park Lane 2 BHK Apartment

A Prestige Park Lane 2 BHK spans 800 to 1,000+ sq ft of saleable area and prices start from Rs 1.1 Cr onwards, on a pre-launch basis. The base rate works out to around Rs 13,600 per sq ft. These figures stay indicative until Prestige releases the final price list at launch.

Components of 2 bedroom apartment

The 2 BHK unit comprises 2 bedrooms, a drawing room, ½ toilets, kitchen with an attached utility, and balconies. These are well-crafted and cater as per buyer needs. The units are presented for medium sized families and small families.

Are There Different Types of 2 BHK Units?

The Prestige Park Lane provides 2 BHK apartments, but it is available in a variety of sizes, and not just one particular design. The sizes range between 800 square feet on the lower end and beyond 1,000 square feet on the upper end.

This indicates that there are multiple design versions within the 2 BHK category. However, precise details about the layouts can be provided only during the launch.

Where Does This Unit Sit Within the Project?

Prestige Park Lane covers 32.26 acres in KIADB Phase 2 Devanahalli. The residential part of Prestige Park Lane has 9 towers. Each tower goes up 24 floors. All the towers face inward toward a central park and a water body.

If you buy a 2 BHK, you get to use this shared space. The project site also has a 50,000 sq ft clubhouse with, than 50 planned amenities.

Extra Costs on Top of the Base Price

GST will be applicable @5% on the base cost as construction is still going on. Stamp duty in Karnataka is an additional 5% paid at the time of registration. The cost of registration is another 1% on the base cost.

In case of the cost of a 2 BHK being Rs. 1.1 Cr, stamp duty works out to Rs. 5.5 Lakh. Cost of registration works out to Rs.1.1 lakh additional to the above figure. Thus the total comes to around Rs.1.17 Cr before GST.

EMI Estimate

With a down payment of 20%, the cost of the property is Rs 1.1 Cr, leaving a loan of Rs 88 lakhs. If we assume a 20-year repayment period with an interest rate of 8.5%, then the EMI will be close to Rs 76,400 per month.

Note that the calculation doesn’t take into consideration the impact of GST and other such fees which have not been announced yet.

Benefits of Choosing a 2 BHK Here

2 BHK strikes an excellent balance between space and cost. This is perfect for young families, working couples, and first-time homebuyers. The affordability in terms of low down payments compared to 3 BHK apartments makes 2 BHKs more affordable.

Every unit still gets a park-facing outlook, since all towers face inward. Buyers also gain access to the same clubhouse and amenities as larger units. This size also holds strong resale and rental demand near the airport corridor.

What's Still Pending

Release of floor-rise amount, car parking, and clubhouse has not been done yet. There will be a maintenance deposit as well, but its amount is not certain. RERA registration is ongoing; hence, there is no registration number. EOI will commence in September 2026, and the project will formally launch on 16 October 2026.

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