Prestige Palm Residences, Derlakatte – 3 & 4 BHK Villas in Mangaluru
Prestige Palm Residences is a Prestige Group gated villa community at Derlakatte, off the Mangaluru-Kochi national highway in Mangaluru, offering ready 3 and 4 BHK villas with landscaped grounds, a clubhouse, pool and tennis court.
It is a ready-to-move project offering 3 & 4 BHK villas from ₹2.07 Cr. Its RERA registration number is PRM/KA/RERA/1257/334/PR/190108/002286.
Prestige Palm Residences Overview
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About Prestige Palm Residences
Prestige Palm Residences is a villa enclave at Derlakatte in Mangaluru, just off the Mangaluru-Kochi national highway. The layout is planned around greenery, with tree-lined streets and landscaped open areas between the homes, giving it a quieter feel than the apartment projects closer to the city centre.
The villas come in several types across 3 BHK and 4 BHK formats, from compact 3 BHK homes to large 4 BHK villas with a home theatre. Each is designed for independent family living with private outdoor space.
Derlakatte is the city’s medical and education hub, with Yenepoya Medical and Dental College, KS Hegde Medical Academy, AB Shetty Memorial Institute of Dental Sciences and Father Muller Homeopathic Medical College close by. Residents get a clubhouse with a gym, health club, multipurpose hall, aerobics and yoga room, swimming pool, tennis court and children’s play area.
Prestige Palm Residences Price List
Prestige Palm Residences prices start at ₹2.07 Cr for the 3 BHK Villa and go up to ₹3.24 Cr for the 4 BHK Villa + Home Theatre.
| Home type | Size | Price | Availability |
|---|---|---|---|
| 3 BHK Villa | 2,809 – 3,453 Sq.Ft. | ₹2.07 Cr Onwards | Limited |
| 4 BHK Villa + Home Theatre | 4,296 Sq.Ft. | ₹3.24 Cr Onwards | Limited |
Unit-wise pricing and the complete cost breakup, sent instantly to your phone.
GST & Other Charges
| Charge | Rate | Details |
|---|---|---|
| GST on Apartment Cost | 5% (no ITC) | 1% for affordable housing (≤ ₹45L, ≤ 60 sqm carpet). |
| Registration Charges | 1% | Of property value, paid at the Sub-Registrar office. |
| Stamp Duty | 2–5% | Karnataka: 5% above ₹45L, 3% for ₹21L–₹45L, 2% below ₹21L. |
| BESCOM & BWSSB | At actuals | Electricity and water connection deposits, as applicable. |
| Khata / E-Khata | At actuals | Recorded with the local authority (BBMP, BDA or the village panchayat) for ownership records. |
| Legal & Documentation | At actuals | Legal vetting, agreement drafting, sale-deed preparation. |
| Maintenance Deposit | 12 months | Advance maintenance, refundable or adjustable. |
| Corpus Fund | One-time | As per the sale agreement — society reserve fund. |
| Club House | Per unit | Included in base price or charged separately by the developer. |
| Car Parking | Per slot | As per the sale agreement — covered or open slot. |
Note: Charges are indicative; final amounts are confirmed at the time of booking and subject to applicable laws, project location, and unit specifications.
Prestige Palm Residences Review: Is It a Good Buy?
Prestige Palm Residences is one of the few branded, ready villa communities in Mangaluru. With 101 villas on 14.7 acres, density is about 7 villas per acre, and the entry price of ₹2.07 Cr works out to about ₹7,400 per Sq.Ft. on the smallest 3 BHK.
It suits doctors, academics and families tied to the Derlakatte institutions, and buyers who want to move in now rather than wait. The location is a drive from Hampankatta and the airport, so it is less suited to buyers who need to be in the central business district every day.
Pros 4
- Ready to move in, so there is no construction risk
- Low density, about 7 villas per acre
- Close to Yenepoya, KS Hegde and other Derlakatte medical colleges
- Full clubhouse with pool, tennis court and health club
Cons 4
- Distance from Hampankatta and the city centre adds daily drive time
- Villa upkeep and maintenance costs are higher than apartments
- Limited inventory left, so unit and facing choice is narrow
- Price per Sq.Ft. is high for the Derlakatte market
Prestige Palm Residences Plans
See the site master plan and unit-wise floor plans, sent instantly to your phone.
Prestige Palm Residences Amenities
Prestige Palm Residences lists 8 amenities, including clubhouse, swimming pool, gymnasium, health club and multipurpose hall.
Prestige Palm Residences Location & Connectivity
Prestige Palm Residences is in Derlakatte, off NH-66, Mangaluru. Ullal Railway Station is 7 km away. For daily life, the nearest hospital is K S Hegde Hospital (1.5 km), the nearest school is Father Muller's Homeopathic Medicl College (1.3 km) and the nearest supermarket is Dmart Attavar (9.6 km). Distances are approximate road distances.
Nearby Places
- Ullal Railway Station 7 km
- Father Muller's Homeopathic Medicl College 1.3 km
- Hira Womens College 2.6 km
- Seyyed Madani I.t.i College 5.8 km
- Prestige International School 7.7 km
- K S Hegde Hospital 1.5 km
- Father Muller Hospital 9.5 km
- Dmart Attavar 9.6 km
- Smart Bazaar 9.7 km
- Fiza by Nexus 10 km
- Yekkur KHB Pakkaladka Park 9.1 km
- Attavara Katte Park 9.9 km
Mangaluru
Karnataka's coastal premium — a Gulf-NRI-driven market where Bejai and Kadri deliver ₹7,000/sqft with 8–12% annual appreciation, NITK Surathkal anchors 5.3% rental yields, and the proposed Bengaluru-Mangaluru Industrial Corridor positions this port city for 20–25% cumulative appreciation by 2030.
About Prestige Group
Prestige Group, founded in 1986 and listed as Prestige Estates Projects Limited, is one of India’s largest real estate developers, with homes, offices, malls and hotels across Bengaluru, Hyderabad, Chennai, Mumbai, Delhi NCR, Kochi, Mangaluru and other cities.
Its residential work spans apartments, villas and plotted communities, and its villa projects are known for large plots, private gardens and full clubhouse facilities.
Prestige Palm Residences EMI Calculator
Pick a home type to see the monthly EMI on an 80% home loan, or move the sliders to match your own loan.
The 8.5% rate is only a starting point, so check the rate your bank offers you. While the project is being built, the bank releases the loan in stages and you usually pay only interest (pre-EMI) on the amount released. The full EMI starts after possession. Stamp duty, registration and GST are paid on top of the home price.
Visit the Project
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Resident Reviews
★ Write a ReviewPrestige Palm Residences FAQs
The 3 BHK villas of 2,809 to 3,453 Sq.Ft. start at ₹2.07 Cr, and the 4 BHK villa with home theatre of 4,296 Sq.Ft. starts at ₹3.24 Cr.
Yes, the villas are ready to move in.
The project is registered with Karnataka RERA under PRM/KA/RERA/1257/334/PR/190108/002286.
It is at Derlakatte, off the Mangaluru-Kochi national highway, near Yenepoya and KS Hegde medical colleges.
There are 101 villas on about 14.7 acres.
Prestige Palm Residences Latest Updates
-
08 Jan 2019RERA registration grantedRegistered with Karnataka RERA under PRM/KA/RERA/1257/334/PR/190108/002286.
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