Prestige Estates Projects Ltd has launched Prestige Parklane, a new residential development along the Satellite Town Ring Road (STRR) in Devanahalli, Bengaluru.
Spread across 11.91 acres, the project comprises 1,788 homes across nine towers. It offers a mix of one-, two- and three-bedroom homes, with a total saleable area of about 1.7 million sq. ft. and a gross development value (GDV) of approximately ₹1,750 crore.
Project targets North Bengaluru demand
“With Prestige Parklane, we are bringing our development expertise to the STRR–Devanahalli micro-market through a thoughtfully planned residential community that combines a well-connected location, a diverse range of home configurations and extensive lifestyle amenities,” Prestige Group, Chairman & Managing Director, Irfan Razack, said.
The project is designed to cater to individuals and families seeking homes in North Bengaluru, combining connectivity with landscaped open spaces and a range of lifestyle amenities.
Focus on connectivity and lifestyle
Prestige Parklane is positioned along the STRR, with its location aimed at providing access to key parts of North Bengaluru and the wider region.
The development will feature landscaped open areas and extensive amenities, alongside varied home configurations intended to meet the requirements of different categories of homebuyers.
Development adds to Bengaluru portfolio
The company said the project reflects the growing importance of the STRR–Devanahalli micro-market, supported by infrastructure development and improving connectivity.
Prestige Parklane will add to Prestige Estates’ residential development pipeline in Bengaluru as the company continues to expand its presence across emerging growth corridors.