Prestige Parklane RERA Approval

Prestige Parklane received Karnataka RERA registration on 15 September 2026 under PRM/KA/RERA/1251/309/PR/150926/008941. Its application acknowledgement number is ACK/KA/RERA/1251/309/PR/210826/010534, dated 21 August 2026. The registration is listed as valid until 31 December 2030, which is also the proposed completion date recorded for the residential project.

The Prestige Parklane RERA approval covers nine residential towers and 1,788 apartments in KIADB Hi-Tech, Defence and Aerospace Park Phase 2, Devanahalli. The registered promoter is Apex Realty Management Private Limited. Its filing names the same company as the 100% land owner. The approval is for the residential phase; it does not register the enterprise estate shown in the wider 32.26-acre master plan.

Updated October 2026.

Prestige Parklane RERA Number and Approval Details

The Prestige Parklane RERA number identifies the registered project, not a property agent. A buyer should use it to find the project entry and match the promoter, location, towers and completion date with the paperwork for the apartment being offered.

The acknowledgement and registration numbers do different jobs. The acknowledgement records the application submitted in August. The PRM number identifies the project after Karnataka RERA registered it in September. Use the PRM number when checking an advertisement, allotment letter or sale agreement.

When Did Prestige Parklane Get RERA Approval?

The Prestige Parklane RERA approval date is 15 September 2026. KIADB had approved the building plan earlier, on 13 August 2026, under plan number DO3-KIADB-00128/26-27/BP. Prestige Parklane then launched on 25 September 2026. The project start date declared in the RERA details is 1 October 2026.

These dates describe separate steps. KIADB’s building-plan approval concerns the sanctioned construction plan. Karnataka RERA registration identifies the residential project, its promoter and its declared completion date. The launch date is when the project was brought to buyers. None of these dates means that the apartments have been completed or are ready for possession.

Which Part of Prestige Parklane Is RERA Approved?

The Karnataka RERA registration covers the residential phase at KIADB Phase 2, Devanahalli. The project details list Tower 1 through Tower 9, with 1,788 apartments: 858 one-bedroom, 391 two-bedroom and 539 three-bedroom homes. The tower configuration is three basements, a ground floor and 24 upper floors.

The residential land extent is described in the existing project record as 11 acres and 36 guntas, or 11.90 acres. The larger 32.26-acre master plan includes an enterprise estate. A buyer should not assume that the residential RERA number also approves those future business blocks. When comparing the brochure with the registration, check which figure refers to the registered housing phase and which refers to the whole master plan.

Who Is the Registered Promoter and Land Owner?

Apex Realty Management Private Limited is the promoter named in the Prestige Parklane RERA filing. Its company registration number is U45200KA2018PTC119740. The land-owner entry also names Apex Realty Management Private Limited and records its share as 100%.

The filing names Swaroop Anish as the authorised signatory, Zayd Noaman as managing director and Suresh S as project head. These roles should not be confused with the promoter company named on the registration. Buyers can compare that company name with the name on the sale agreement, payment instructions and receipts.

The filing says there are no previous Karnataka RERA projects for this promoter entity. That statement is about Apex Realty Management Private Limited; it is not a statement about the past projects of the wider Prestige Group.

What Plan and Parking Details Are in the RERA Record?

The Prestige Parklane approved building plan is recorded as DO3-KIADB-00128/26-27/BP, sanctioned by KIADB on 13 August 2026. The project details list a 1.74 sanctioned FAR and a height of 76.55 metres for the residential towers.

The existing RERA summary lists 1,780 covered parking spaces and 130 open spaces for 1,788 apartments. Those totals do not identify the bay assigned to a particular home. A buyer should ask for the flat’s parking allocation and compare it with the unit quote and agreement. The same check applies to the approved floor plan and the RERA carpet area of that flat.

How Long Is Prestige Parklane RERA Registration Valid?

The Prestige Parklane registration is shown as valid until 31 December 2030. The filing also gives 31 December 2030 as the proposed completion date. A launch price sheet used that date for intimation of possession, but a proposed completion date is not an occupancy certificate or proof that keys will be handed over on that day.

If the completion date changes, check the current registration entry for an extension and its supporting order. A buyer’s agreement should state the possession terms for the purchased apartment. Keep those terms alongside the RERA date rather than treating a marketing date as the only commitment.

Where Should Prestige Parklane Buyers Pay Booking Money?

The Karnataka RERA project page warns buyers to deposit money only into the RERA-approved account. Before paying, match the account details given in the demand or booking document with the promoter and the registered project. Do not rely on account details sent only in a message or supplied by an individual agent.

Under the RERA Act, the promoter must keep 70% of amounts collected from buyers in a separate project account for the prescribed land and construction costs. The Act also bars a promoter from taking more than 10% of an apartment’s cost before entering into a written, registered agreement for sale. These rules do not replace the need to check the payee and account on each payment instruction.

How to Check a Specific Apartment Against RERA

A Prestige Parklane RERA number confirms the registered project. To check the apartment you plan to buy, match its tower, floor, flat number, plan and RERA carpet area with the filed inventory and the agreement. Also compare its parking allocation and the approved drawing with what the sales team has shown you.

The project entry has separate sections for promoter details, land, project information, bank details, uploaded documents, complaints and quarterly updates. Those sections matter after registration too. A buyer making payments over several years can use the quarterly filings to check reported progress against the declared completion date. An approval from September is the starting record, not a report on work completed in October.

What Does RERA Approval Mean for a Buyer?

Prestige Parklane’s registration places the promoter, approved project details and completion date on a public record. It also gives buyers rights to see sanctioned plans and stage-wise progress information. If a promoter fails to give possession under the agreement, the RERA Act sets out remedies for buyers who withdraw and for those who remain in the project. Defects covered by the Act can be raised with the promoter for five years from handover, subject to its terms.

RERA registration does not mean that construction is complete, that every later clearance has been issued, or that the enterprise estate has the same registration. The practical check is to keep the current RERA entry, approved plan and signed agreement aligned with the exact flat being purchased.

Prestige Parklane RERA FAQs