Prestige Apartments For Sale in KIADB Phase 2

Prestige apartments for sale in KIADB Phase 2 are at Prestige Parklane, where Prestige Group is selling 1,788 new homes. The project launches on 25 September 2026, and allotment runs through a survey form from 25 September 2026, so September 2026 is the moment to buy at launch prices from ₹56 lakh, valid till 27 September 2026.

This page sets out what is for sale, the steps and dates to buy at Prestige Parklane, what you pay at each stage, how your money is protected, the documents to check before paying, and why buyers choose this award-winning builder.

What Is for Sale at Prestige Parklane

The homes are spread across nine towers: T1 to T4 with 148 homes each, T5 with 247, T6 with 267, T7 with 245, T8 with 269 and T9 with 168. T1 to T4 are the smallest towers, while T5 to T8 each hold about 250 homes, so your choice of tower also decides how many neighbours share your lift core.

How to Buy at Prestige Parklane: Steps and Dates

Your home is secured when you receive an allotment letter naming the unit, and the purchase is confirmed when the sale agreement is signed and registered. Each earlier step moves you up the queue, so filing early gives you the best choice of tower, floor and facing.

What You Pay at Each Stage

These amounts use the starting prices, which already include the car park and floor rise. GST is added to every instalment and to the Other Charges, which cover BESCOM and BWSSB, generator, 24 months' advance maintenance, the maintenance corpus and a ₹25,000 assessment charge. Stamp duty at 5%, cess at 0.5% and the 2% registration fee are paid separately to the state government at registration, not to the developer.

How Your Money Is Protected

Prestige Parklane is registered with Karnataka RERA under PRM/KA/RERA/1251/309/PR/150926/008941, valid until 31 December 2030. Under Section 4(2)(l)(D) of the RERA Act, 70% of the money collected from buyers must be kept in a separate account and used only for the land and construction cost of this project. Withdrawals from that account are allowed only in proportion to work completed, certified by the architect, engineer and a chartered accountant. The RERA filing names ICICI Bank as the project bank, with separate collection, escrow and free accounts. All payments go directly into the project account named in your allotment letter or agreement.

Documents to Check Before You Pay

• RERA registration: PRM/KA/RERA/1251/309/PR/150926/008941, valid until 31 December 2030
• KIADB building plan approval DO3-KIADB-00128/26-27/BP, approved on 13 August 2026
• Allotment letter naming the tower, floor, unit number and carpet area
• Agreement for sale showing the payment schedule and possession date of 31 December 2030
• Car park allotment in writing: the pre-allotted bay and its type, Standard, Standard EV or Linked

Home Loans for a Prestige Parklane Purchase

With RERA registration in place, banks can assess the project for lending. Get a loan pre-approval before the survey form opens, so you know your budget when allotment arrives. Lenders typically fund up to about 80% of the price and release money against the date-linked instalments once the sale agreement is registered.

Why Buy a Prestige Parklane Apartment Now

Buying at launch gives the widest choice of towers, floors and facings, and the launch price list. Prestige Parklane is developed by Prestige Group, whose Bangalore homes have won FIABCI, Asia Pacific Property Awards and CNBC-Awaaz awards, and it is well placed to earn the same recognition. Every home comes with access to the 50,000 sq ft clubhouse, the central park and more than 50 amenities, in a RERA-registered project with Larsen & Toubro as contractor.

Tips for Buying at the Launch

• File your expression of interest early to receive the price list and survey form
• Make payments once the allotment letter names your unit
• Compare homes on RERA carpet area as well as saleable area
• Include GST, other charges, stamp duty and registration in your budget; floor rise and parking are already in the price
• Get a loan pre-approval before the survey form opens on 25 September 2026

Prestige Apartments For Sale in KIADB Phase 2 FAQs