📍 Area photo · Devanahalli© Harvinder Chandigarh · CC BY 4.0Prestige Parklane
by Prestige Group · Devanahalli, near the airport · North Bengaluru
Project score only — not a price check or legal clearance.
Starting price from the developer's site, 13 Oct 2026. Not your unit's quote.
Scored on 6 of 6 factors · #213 of 325. Analysis, not a recommendation.
Title and approvals need a lawyer — Legal Desk.
We don't give a buy or negotiate verdict yet — either the price hasn't been verified with the developer, or unit sizes aren't published so the real ₹/sqft can't be checked. Get the builder's own cost sheet before deciding.
Why
- ● About 25% above the area benchmark. That's an area average, not like-for-like comparables — verify with the cost sheet before concluding it's overpriced.
- ● Prestige Group has a strong delivery record.
- ● Possession is about 51 months away — factor in rent and delay risk.
Brochure vs Reality
What the sales pitch says — and what the data says.
- “Metro connectivity”Nearest running station: Krishnarajapura (Purple) — 27.83 km, a drive away. KIAL Terminals on the Blue line (5.49 km) is still under construction.✕ Doesn't hold
- “Best price / launch offer”About 25% above our fair estimate (fair ≈ ₹9,186/sqft).✕ Doesn't hold
- “Possession by Dec 2030 (K-RERA)”Compare it with the completion date registered on K-RERA. This builder's public record reads as moderate delay risk — a qualitative read, not odds for this project.? Verify
- “Great investment, high appreciation”Likely ~0.2% a year (depreciation risk) vs ~7% from a bank FD. ₹1 Cr could become ~₹1.01 Cr in 5 years.✕ Doesn't hold
- “24×7 water, premium living”In Devanahalli, tanker and borewell dependence is common; flood risk is low. Ask residents of nearby buildings about summer water.✕ Doesn't hold
- “Trusted developer”Builder trust 91/100 from delivery, RERA and dispute records.✓ Holds up
- “All approvals in place”Ask for the RERA number, title deed + 30-year EC, sanctioned plan and (if ready) OC — and verify each yourself.? Verify
Is the price fair?
Fair range estimated from Devanahalli's typical rate and other projects in the area.
Green = fair price range
On a typical 570 sqft unit, closing at our target saves about ₹13 L.
Four checks, one project
If handover slips 6 / 12 / 24 months: ~₹2.1 L / ₹4.2 L / ₹8.3 L in rent + loan interest.
Open the engine →Bear · base · bull yearly return on your cash if rented out, under assumed area growth and rent. Not a forecast.
Open the engine →Levers: payment terms, parking and floor-rise waivers, stage of construction and real alternatives. No discount is guaranteed.
Open the engine →GST, stamp duty and registration on top of the listed ₹65 L (₹73 L in all). Builder charges (parking, club, PLC) aren't included — check them in the Quote Analyzer.
Open the engine →Scenarios use Devanahalli's assumed growth and rent, 25% down and an 8.5% loan. Delivery risk is a qualitative read of the builder's record — not a probability for this project.
What taxes add to the listed price
GST, stamp duty, cess and registration on the developer's advertised starting price of ₹65 L. Builder extras like parking, PLC and corpus depend on your unit, so they aren't guessed here.
- GST @ 5% on the home price+₹3.3 L
- Stamp duty @ 5%+₹3.3 L
- Cess (10% of duty)+₹32,500
- Surcharge (2% of duty)+₹6,500
- Registration fee @ 2%+₹1.3 L
Karnataka rules as listed in the Builder Quote Analyzer. Stamp duty is charged on the higher of the price and the guidance value.
Your real commute from here
Peak-hour door-to-door estimates to Bengaluru's big job hubs — by road and, where it's faster, by running metro.
- Airport / Aerospace Park5.4 km🚗 Road32 min
- Manyata Tech Park24.5 km🚗 Road126 min
- Whitefield / ITPL29.3 km🚗 Road150 min
- Bagmane / CV Raman Nagar30.3 km🚗 Road155 min
- Yeshwanthpur / WTC / Peenya31.6 km🚗 Road161 min
- MG Road / CBD32.5 km🚗 Road165 min
Model estimate: road ≈ 17 km/h at peak; metro adds walk/auto to the station and ~2.2 min a stop. Test it once at 9 am before you book.
Score breakdown
The AlphaScore is an analytical project score — not a price check and not a legal clearance. Weights shown in brackets.
Asking price against what similar homes in the area are worth
Delivery record, RERA compliance and disputes
Connectivity, jobs, schools and daily needs
How quickly and well it would sell later
Layout, amenities, maintenance and water
Rental income and expected price growth
What it costs you every month
Smallest unit (₹65 L), 80% loan at 8.5% for 20 years.
- EMI₹45,127
- Maintenance₹2,268
- Property tax₹433
Estimates: maintenance ≈ ₹4/sqft/month, property tax ≈ 0.08% of value a year. Your bank's rate and the builder's maintenance figure will change these.
Can I afford it?
For a ₹65 L home, 20-year loan.
EMI under 35% of income — healthy. If rates rise 2%, EMI becomes ₹51,916 (21% of income).You're short ₹1.7 L in upfront cash (banks lend at most 80%).
Illustration: 5 years at the area's trend
A what-if, not a forecast: the starting price grown at Devanahalli's estimated trend of 16.3% a year. Area trends are AlphaDesk estimates, and past growth doesn't predict future prices.
Rent (estimate): homes here may earn about 3% a year — roughly ₹16,250 a month on a ₹65 L home.
Questions to ask the sales team
Built from what's still unknown about this project. Ask them in writing — keep the answers.
- 1What is the RERA registration number for the tower/phase I'm buying in?
- 2What is the all-inclusive price: car park, PLC, floor rise, club, BESCOM/BWSSB deposits, legal and corpus?
- 3Is Dec 2030 (K-RERA) the RERA-committed date, and what delay compensation does the agreement promise?
- 4Our data shows the price is about 25% above fair value — what discount or payment-plan benefit can you offer?
- 5What is the monthly maintenance per sqft, and how many months' advance do you collect?
- 6Which banks have approved this project for home loans?
- 7Is the water supply Cauvery, borewell or tanker — and what do current residents pay for water?
Prestige Parklane: quick answers
Short, sourced answers — each one stands on its own.
What is the price of Prestige Parklane?
Prestige Parklane starts at ₹65 L (1, 2, 3 BHK), according to Prestige Group's own website, checked on 13 Oct 2026. GST, stamp duty and registration add about ₹8.2 L on top.
Where is Prestige Parklane located?
Prestige Parklane is in Devanahalli, near the airport, in the Devanahalli area of North Bengaluru, about 27.83 km (straight line) from Krishnarajapura metro station.
What is the RERA number of Prestige Parklane?
Prestige Parklane is registered with Karnataka RERA under PRM/KA/RERA/1251/309/PR/150926/008941, with a registered completion date of Dec 2030. Confirm it on rera.karnataka.gov.in before paying.
When is possession of Prestige Parklane?
Possession of Prestige Parklane is Dec 2030, the completion date registered with Karnataka RERA. Compare it with the date in your agreement.
What home sizes does Prestige Parklane offer?
Prestige Parklane offers 1, 2, 3 BHK, sized 567–1,801 sqft (area type not stated) (per Prestige Group, 13 Oct 2026).
Who is the developer of Prestige Parklane?
Prestige Parklane is by Prestige Group, which AlphaDesk rates "Highly trusted" (91/100) on its delivery and RERA record.
Is Prestige Parklane a good buy?
AlphaDesk gives Prestige Parklane a project score of 72/100 (B+) on location, builder record, resale and living comfort. That is an analysis, not a legal clearance — check the title, approvals and your unit's cost sheet before paying.
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Scores use AlphaDesk market reference data reviewed July 2026 and analyst assessments; prices change, so confirm the current price list with the builder. Guidance only, not legal or financial advice.