Bengaluru, Karnataka — Prestige Group has received Real Estate Regulatory Authority (RERA) approval for Prestige Marigold Phase 2, marking a key milestone for its plotted development off NH 44 in North Bengaluru. The approval provides regulatory clarity to homebuyers and paves the way for formal sales activity in the second phase of the project.
Prestige Marigold Phase 2 is a planned residential plotted development located at Bettenahalli, near Yelahanka, with direct access to NH 44 (Bellary Road). The project is designed as an extension of the established Prestige Marigold community and focuses on organised layouts, wide internal roads, underground utilities, and landscaped open spaces. According to project details, the phase comprises 716 residential plots offered in multiple configurations, catering to a wide range of homebuilders and long-term investors.
The development places strong emphasis on infrastructure and community living. Planned features include well-laid internal road networks, underground power and water supply systems, sewage treatment facilities, stormwater drainage, and dedicated green zones. A central clubhouse with indoor and outdoor recreational amenities has also been planned as part of the overall master plan, enhancing lifestyle appeal while maintaining low-density plotted living.
Real estate experts note that North Bengaluru, particularly along the NH 44 and airport corridor, continues to witness sustained demand for plotted developments due to proximity to Kempegowda International Airport, upcoming business parks, and large-scale infrastructure projects such as the Satellite Town Ring Road (STRR). RERA approval for Prestige Marigold Phase 2 is expected to further boost buyer confidence in this micro-market.
With regulatory clearance now in place, Prestige Group is expected to accelerate marketing and allotment processes for Phase 2. The approval also reinforces the developer’s strong compliance track record and adds momentum to plotted housing demand in Bengaluru’s northern growth corridor.
RERA Number: PRM/KA/RERA/1250/303/PR/171225/008346
Also read, Mahindra Blossom at HopeFarm, Whitefield Gets RERA Approval
