Prestige Falcon City, Kanakapura Road: Resale Prices, Floor Plans & Review

Prestige Falcon City is a completed integrated township by Prestige Group on Kanakapura Road, South Bengaluru, with 2 to 4 BHK apartments and the Forum Falcon City mall inside the master plan, now available on resale.

It is a sold out project offering 2, 2.5, 3, 4 BHK apartments from Resale from ₹1.65 Cr. Its RERA registration number is PRM/KA/RERA/1251/310/PR/170913/000114.

Prestige Falcon City Photos 2
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Prestige Falcon City Overview

Verified by Vikash S on
Project Name
Prestige Falcon City
Developer
Prestige Group
Location
Konanakunte, Kanakapura Road, South Bengaluru
Property Type
Apartments
Project Type
Integrated Township
Starting Price
Resale from ₹1.65 Cr
Configuration
2, 2.5, 3, 4 BHK Apartments
Total Area
30.59 Acres
Total Units
2,520 Apartments
Project Status
Sold Out
Possession
Ready to Move
Availability
Resale Available
Payment Plan
Construction Linked Plan
RERA Status
Approved
RERA Number
PRM/KA/RERA/1251/310/PR/170913/000114
Number of Buildings
7 Buildings
Phase I Heights
Buildings 1-5
Phase II Heights
Building 6 G+25, Building 7 G+30
Floor Plate Variants
25 typologies
Apartment SBUA Range
1,204 to 2,726 Sq.Ft.
Project Architect
V Narasimhan, CA/86/10034
Main Contractor
JMC Projects Limited
Approving Authority
BBMP
RERA Registration
Registered 13-09-2017
Project Start
10-01-2015
Proposed Completion
31-03-2020
Construction Method
Mivan formwork, RCC framed structure
Total Project Cost
₹1,510 Cr
Integrated Mall
Forum Falcon City Mall
East Schedule
Doddakallasandra Lake
Brochure & Details
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About Prestige Falcon City

Prestige Falcon City is a completed integrated township by Prestige Estates Projects Limited at NO. 1182, Sy Nos. 32/1 & Others, Doddakallasandra Village, Uttarahalli Hobli, Bengaluru (Bangalore) Urban – pin code 560062 (Konanakunte / Kanakapura Road, South Bengaluru). The 30.59-acre RERA-binding residential parcel (with the broader Plot No. 1182 master extending to ~52 acres including the integrated Forum Falcon City Mall, civic amenities, auditorium, sub-station and a future-development school parcel) houses 2,520 apartments across 7 buildings: Phase I comprises Buildings 1, 2, 3, 4 and 5 at G+31 each, and Phase II adds Building 6 at G+25 and Building 7 at G+30. The eastern boundary of the master is bordered by Doddakallasandra Lake.

The project was launched 10-Jan-2015 with proposed RERA completion 31-Mar-2020 and is now status COMPLETED per the Karnataka RERA portal – RERA registration PRM/KA/RERA/1251/310/PR/170913/000114 (Acknowledgement PR/KN/170728/000114). RERA-certified total project cost is ₹1,510 Cr (land ₹288 Cr + construction ₹1,222 Cr). Project Architect is V Narasimhan (CA/86/10034, established 1970, 900+ projects completed); Structural Engineer is Arun Nadiq (BCC/BL.3.6/E-4059/14-15); main construction contractor is JMC Projects (India) Limited – the Kalpataru group's tier-1 EPC arm and one of the strongest tier-1 EPC partnerships on any completed Prestige Bengaluru project.

Configurations span 25 distinct floor-plate typologies labelled Type A through Type Y across the master: 2 BHK from 1,204-1,274 sft SBUA / ~840-859 sft carpet (Types A, B, C, D); 2.5 BHK / 2 BHK + Study from 1,366-1,379 sft / ~948-958 sft carpet (Types E, F, G, H); 3 BHK Compact from 1,588-1,603 sft / ~1,104-1,110 sft carpet (Types J, J1, K, K1, L); 3 BHK Standard from 1,748-1,861 sft / ~1,167-1,287 sft carpet (Types M, M1, N, N1, P, P1, Q, Q1); 3 BHK Premium from 2,104-2,172 sft / ~1,438-1,494 sft carpet (Types R, S, T, U); and 4 BHK from 2,689-2,726 sft / ~1,884-1,935 sft carpet (Types V, V1, W, W1, X, X1, Y, Y1). Each building carries a specific subset of typologies – for example, Building 5 carries the premium 3 BHK and 4 BHK typologies (Types R, S, T, U, V, V1, W, W1, X, X1, Y, Y1) across Towers 1, 2, 3, 4.

Cumulative appreciation from the 2014-2015 launch base price of ~₹5,499-5,799/sft is ~140-180% over 11 years (~8.5-9.5% CAGR). The Forum Falcon City Mall is now operational within the master, the Kanakapura Road Green Line metro is operational with Konanakunte Cross station within ~0.5 km of the project, and the wider corridor maturation has materially supported the value-creation thesis.

Prestige Falcon City Price List

Prestige Falcon City prices start at ₹1.65 Cr for the 2 BHK and go up to ₹4.4 Cr for the 4 BHK.

Home typeSizePriceAvailability
2 BHK 1,204-1,274 Sq.Ft. ₹1.65-1.95 Cr Resale Limited
2.5 BHK 1,366-1,379 Sq.Ft. ₹1.95-2.15 Cr Resale Limited
3 BHK Compact 1,588-1,603 Sq.Ft. ₹2.20-2.50 Cr Resale Limited
3 BHK Standard 1,748-1,861 Sq.Ft. ₹2.50-2.95 Cr Resale Limited
3 BHK Premium 2,104-2,172 Sq.Ft. ₹3.00-3.45 Cr Resale Limited
4 BHK 2,689-2,726 Sq.Ft. ₹3.85-4.40 Cr Resale Limited
Official Documents
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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 Falcon City Review: Is It a Good Buy?

VS
Reviewed by
Project Reviewer · BookNewProperty · Verified
4.2 out of 5 6 Pros · 7 Cons

Prestige Falcon City is one of the largest single integrated-township deliveries in South Bengaluru and carries one of the strongest established-resale precedents in the Kanakapura Road corridor – 2,520 apartments across 7 buildings, 30.59 acres of RERA-binding residential parcel within the broader ~52-acre Plot No. 1182 master that includes the integrated Forum Falcon City Mall, completed 2019-2020 by Prestige Estates Projects Limited with JMC Projects (Kalpataru group's tier-1 EPC) as main contractor. The project sits within ~0.5 km of Konanakunte Cross Metro Station on the operational Green Line and adjacent to Doddakallasandra Lake on the master's eastern boundary. The Mivan-construction quality, the listed-developer brand, the JMC EPC partnership and the now-mature ready-resale market together provide one of the cleanest entry profiles available in the South Bengaluru ready-stock segment.

For end-users in IT, education, healthcare and aviation-ecosystem roles working within the Bannerghatta Road / Electronic City / Kanakapura corridor, the buy thesis is straightforward: 2 BHK from ₹1.65 Cr resale (Type A/B/C/D, 1,204-1,274 sft, distributed across Buildings 1, 3, 4, 6, 7) for first-time buyers / DINK households; 2.5 BHK (2 BHK + Study) from ₹1.95 Cr (Types E/F/G/H in Building 2) for hybrid-work professionals; 3 BHK Compact from ₹2.20 Cr (Types J/J1/K/K1/L, 1,588-1,603 sft) as the family-buyer entry point; 3 BHK Standard from ₹2.50 Cr (Types M/M1/N/N1/P/P1/Q/Q1, 1,748-1,861 sft, all in Building 2) for mid-tier 3 BHK; 3 BHK Premium from ₹3.00 Cr (Types R/S/T/U, 2,104-2,172 sft, all in Building 5); and 4 BHK from ₹3.85 Cr (Types V/V1/W/W1/X/X1/Y/Y1, 2,689-2,726 sft, all in Building 5). The Building selection materially affects the unit experience – Building 2 carries the diverse mid-tier 3 BHK (Standard) inventory, Building 5 carries the Premium 3 BHK + 4 BHK inventory exclusively, and Buildings 1, 3, 4, 6, 7 carry the entry-level 2 BHK + 3 BHK Compact mix.

For investors, the rental thesis is well-supported by the South Bengaluru IT-corridor data – Bannerghatta Road and Electronic City employment depth, Konanakunte Cross Metro proximity, Forum Falcon City Mall walkable-amenity premium. Indicative rentals based on May 2026 corridor benchmarks: 2 BHK at ~₹38-50K monthly (~2.8-3.6% gross yield against ₹1.65-1.95 Cr entry); 2.5 BHK at ~₹42-55K (2.6-3.4%); 3 BHK Compact at ~₹55-72K (2.6-3.4% against ₹2.20-2.50 Cr); 3 BHK Standard at ~₹65-82K (2.6-3.2%); 3 BHK Premium at ~₹80-1.05L (2.7-3.4%); 4 BHK at ~₹1.05-1.40 L (2.7-3.6%). Tenant pool is moderate-strong – the BBR / EC / JP Nagar IT cluster within 12-22 km, plus mall-staff and retail-ecosystem demand from the integrated Forum. Forward 5-year capital appreciation is likely 6-8% CAGR (typical for completed-tier ready stock with active resale markets); total IRR for a 5-7 year hold in the 9-11% gross range. The easy launch-to-handover appreciation window (~140-180% over 11 years) has already materialised; investors entering at May 2026 prices should benchmark against established-resale CAGR rather than launch-stage.

Master-scale density at ~82 units per acre on the RERA-binding parcel is high. Konanakunte Cross peak-hour traffic congestion is documented and amplified by mall-traffic. The marketing-vs-RERA acreage gap (52 vs 30.59) needs understanding before legal due diligence. Mivan construction limits post-handover modifications materially. Bedroom window sizes have been flagged as small in some Types. Single-balcony layouts and clubbed kitchen-utility are documented design constraints. The Forum Mall proximity is a double-edged amenity – integrated retail convenience trades against weekend mall-traffic and mall-grade maintenance costs. Benchmark per-square-foot quote against Brigade Meadows (Kanakapura Road township-scale ready competitor) and Sobha Forest View (Kanakapura Road premium ready resale) before committing.

Pros 6

  • 30+ acres of curated landscape per the master plan – herbal garden, butterfly garden, palm court square, aromatic floral garden, reflexology garden, water cascade, amphitheatre, lap pool and adjacent Doddakallasandra Lake. The amenity programme is genuinely scaled to the 2,520-unit population.
  • Widest configuration ladder in South Bengaluru ready stock – 25 distinct typologies (Type A to Type Y) covering 2 BHK / 2.5 BHK / 3 BHK Compact / Standard / Premium / 4 BHK across SBUA 1,204-2,726 sft. Buyers can match exact requirement and ticket size to a specific Type / Building / floor-band combination.
  • Mivan formwork construction with concealed copper electrical wiring – structural quality benchmark of the project; Mivan delivers superior wall finish and structural consistency relative to traditional brick-block construction. RCC framed structure with 200 mm exterior + 100 mm interior solid block masonry where used.
  • NSE/BSE-listed Prestige Group brand and post-handover maintenance ecosystem – the group's public-company governance, deep Bengaluru maintenance network and 300+ project track record support resale liquidity and rental-tenant demand. Banks (HDFC, SBI, ICICI, Axis, Kotak) all underwrite resale finance.
  • Doddakallasandra Lake adjacency on the eastern boundary of the master – while the lake-buffer compliance has been a documented buyer-review concern (particularly for premium towers), the lake-adjacent setting offers a structural visual amenity that newer non-lake-fronting projects cannot replicate.
  • Established cumulative appreciation – from launch base ~₹5,499-5,799/sft in 2014-2015 to May 2026 ready-resale ~₹14,500/sft median (~140-180% over 11 years / ~8.5-9.5% CAGR). The track record is now visible to incoming buyers as a defensible benchmark.

Cons 7

  • Master-scale density at 2,520 apartments – ~82 units per acre on the 30.59-acre RERA-binding parcel (significantly higher than the ~48 units/acre that the marketing 52-acre figure suggests). Buyer reviews flagged a “10,000-person community” with associated lift / parking / amenity-load expectations during peak hours and festival weekends.
  • Konanakunte Cross / Kanakapura Road peak-hour traffic congestion – well-documented in buyer-review threads, especially with Forum Falcon City Mall now operational drawing weekend mall-traffic into the same junction. The mixed-use master that is a structural advantage for residents is also a structural friction point for traffic flow.
  • Possession was delayed – the original RERA-applied completion was Dec 2018 + 9 months grace = Sept 2019; actual RERA-stated proposed completion was 31-Mar-2020; full handover and OC issuance was even slightly later. Buyers evaluating other Prestige projects should benchmark against this actual delivery track record rather than launch-stated timelines.
  • Marketing-vs-RERA acreage discrepancy – the master is variously cited as “52 acres” (marketing) and “30.59 acres” (RERA-binding residential parcel); the additional ~21 acres in marketing copy includes the Forum Falcon City Mall parcel, civic amenities, sub-station, auditorium and the future-development school zone in the broader Plot No. 1182 master. Buyers should rely on the RERA-certified figure for residential-parcel legal purposes.
  • Mivan construction limits post-handover modifications – concealed wiring within Mivan-formed walls means any electrical / structural modifications post-occupancy require external groove-cutting and cement-finishing work (per buyer-review feedback). For buyers planning significant interior customisation, this is a real constraint.
  • Kitchen utility area clubbed with kitchen – utility space is not separated from the cooking area in most floor plates per buyer-review feedback (typical Prestige design choice). For buyers who prioritise a separate utility area for washing machine + storage, this is a plan-level constraint.
  • Forum Mall proximity is a double-edged amenity – while the integrated retail is a structural advantage, buyer reviews flagged “high maintenance costs” (mall-grade common-infrastructure load), weekend mall-traffic into shared lobbies / parking, and “mall as nuisance value” perspectives. The mixed-use convenience trades against the privacy / quietness of a pure residential community.

Prestige Falcon City Plans

Project Layouts
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Prestige Falcon City Amenities

Prestige Falcon City lists 38 amenities, including the clubhouse (sprawling), lap pool, kid's pool, fully equipped gymnasium and spa & sauna.

The Clubhouse (sprawling)
Lap Pool
Kid's Pool
Fully Equipped Gymnasium
Spa & Sauna
Tennis Court
Basketball Court
Multipurpose Sports Court
Cricket Practice Pitch
Indoor Games Room
Table Tennis
Mini Theatre
Banquet / Party Hall
Auditorium (within master)
Amphitheatre
Jogging Track
Pedestrian Walkway
Kids' Play Area
Reflexology Garden
Aromatic Floral Garden
Herbal Garden
Butterfly Garden
Palm Court Square
Sculpture Court
Water Cascade
Landscaped Lawns
Pocket Gardens
Forum Falcon City Mall (integrated retail centre)
Civic Amenities Block
Future Development School Zone
Visitor's Parking
CCTV Surveillance
24/7 Security with Round-the-Clock Patrol
Intercom Facility
Power Backup for Common Areas, Lifts & Pumps (DG)
Sewage Treatment Plant
Rainwater Harvesting
Doddakallasandra Lake Adjacency

Prestige Falcon City Location & Connectivity

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How far is Prestige Falcon City from you?

Nearby Places

  • Konanakunte Cross Metro Station (Green Line) — ~0.5 km / 5 mins walk
  • Vajarahalli Metro Station — ~1.5 km
  • Doddakallasandra Metro Station — ~1.0 km
  • NICE Road Junction (Bannerghatta exit) — ~6 km / 10 mins
  • Outer Ring Road (Banashankari) — ~7 km
  • JP Nagar 8th Phase — ~3 km
  • Banashankari Bus Terminal — ~7 km
  • MG Road / CBD — ~16 km via Kanakapura Road
  • Kempegowda International Airport (KIA) — ~50 km / 75-90 mins
  • Electronic City — ~22 km via NICE Road
  • Whitefield ITPL — ~35 km
  • Bagmane Capital (Bannerghatta Road) — ~10 km
  • IBC Knowledge Park (Bannerghatta Road) — ~12 km
  • Embassy Tech Square (BTM-Koramangala) — ~14 km
  • Prestige Tech Park (Marathahalli) — ~18 km via ORR
  • Electronic City (Phase 1 & 2) — ~22 km via NICE Road
  • JP Nagar IT Park — ~5 km
  • Manyata Tech Park (via ORR) — ~28 km
  • Vidya Niketan School — ~3 km
  • Delhi Public School (South) — ~5 km
  • Kumarans School (Mallasandra) — ~6 km
  • The International School Bangalore (TISB JP Nagar) — ~7 km
  • Ryan International School — ~5 km
  • BMS College of Engineering — ~10 km
  • RV College of Engineering — ~5 km
  • Christ University — ~15 km
  • Apollo Hospital (Bannerghatta Road) — ~10 km
  • Fortis Hospital (Bannerghatta Road) — ~11 km
  • Sagar Hospital (Banashankari) — ~6 km
  • BGS Gleneagles Global Hospital (Kengeri) — ~13 km
  • Sparsh Hospital (RR Nagar) — ~8 km
  • Manipal Hospital (Jayanagar) — ~12 km
  • NIMHANS — ~14 km
  • Forum Falcon City Mall — integrated within the master (walking distance)
  • Mantri Mall (Banashankari) — ~7 km (under construction at time of brochure)
  • Royal Meenakshi Mall — ~5 km
  • Gopalan Innovation Mall — ~5 km
  • Decathlon Kanakapura Road — ~3 km
  • Konanakunte Bazaar — ~1 km
  • Kanakapura Road retail strip — immediate
Area Guide · Residential

Kanakapura Road, Bengaluru

South Bengaluru's greenest corridor — Green Line metro operational with multiple Kanakapura Road stations, Prestige Falcon City 30-acre flagship township, NICE Road signal-free access to Electronic City and Mysore Road

₹9,500/sqft avg 10-14% YoY · Green Line deliveredYoY 8more projects ~12 km · From MG Roadfrom city ~4 Lakh (corridor-wide)population
Read the full Kanakapura Road Area Guide

About Prestige Group

Prestige Group

Premium Founded 1986 Bengaluru, Karnataka, India
Verified Developer

Founded in 1986 by Mr. Razack Sattar, Prestige Group (Prestige Estates Projects Ltd, NSE/BSE listed) is one of South India's most established and most diversified real estate developers. The group has delivered 300+ projects spanning 180+ million sq ft across residential, commercial (Prestige Tech Park, Prestige Falcon Towers), retail (Forum Mall network, including the integrated Forum Falcon City Mall within this master), hospitality (Conrad, Sheraton Grand) and warehousing verticals, with a further 170+ million sq ft under construction. Headquartered in Bengaluru with offices across Chennai, Goa, Hyderabad, Kerala, Mangaluru, Delhi-NCR, Mumbai, Ahmedabad and Dubai, Prestige carries a track record of construction quality, on-time delivery and post-handover maintenance that anchors a deep secondary market for its older projects. Prestige Falcon City – with its tier-1 JMC Projects EPC partnership, integrated retail mall and ~₹1,510 Cr total project cost – is one of the largest single integrated-township deliveries in South Bengaluru and carries one of the strongest established-resale precedents in the Kanakapura Road corridor.

350+
Projects
40
Years
10
Cities
200M+
Sq Ft Built

Prestige Falcon City Payment Plan

Construction Linked Plan

You pay in stages as the building goes up, so the full price is not due on day one. Each instalment falls due only when the developer finishes a construction stage, and the exact schedule is written into your agreement for sale.

  1. 1
    At booking

    Pay the booking amount, then sign and register the agreement for sale. Stamp duty and registration are paid at this stage.

  2. 2
    During construction

    Instalments are linked to stages such as the foundation and each floor slab. With a home loan, the bank pays these stages directly to the developer.

  3. 3
    At possession (Ready to Move)

    The last instalment is paid when the building is complete, along with maintenance deposit and other one-time charges.

Want the stage-wise schedule with amounts for your unit? Get payment schedule

Prestige Falcon City 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.

Home price₹1.65 Cr
You pay upfront₹33 L
Bank loan₹1.32 Cr

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.

Principal Interest
₹1,14,553
Monthly EMI
₹1.43 Cr
Total Interest
₹2.75 Cr
Total Payable

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Prestige Falcon City FAQs

What is the price of a 2 BHK in Prestige Falcon City?

The 2 BHK inventory comprises four typology variants - Type A (1,204 sft / 840 sft carpet, distributed across Buildings 1, 3, 4, 6, 7), Type B (1,218 sft / 832 sft carpet, in Buildings 1, 3, 4, 6, 7), Type C (1,230 sft / 842 sft carpet, in Tower 3, 4 of multiple Buildings) and Type D (1,274 sft / 859 sft carpet, in Tower 3, 4). Resale-market median is ~₹14,500/sft (range ₹13,500-15,500/sft). Original-builder inventory is largely SOLD OUT per Homznspace's March 2026 refresh; spot-purchase is via the secondary market. Karnataka stamp duty (~5%) and registration (~1%) extra; GST is not applicable on completed resale.

What is the floor plan of Prestige Falcon City?

Prestige Falcon City carries 25 distinct typology variants labelled Type A through Type Y across the master, distributed asymmetrically across the 7 Buildings. SBUA range: 2 BHK 1,204-1,274 sft, 2.5 BHK (2 BHK + Study) 1,366-1,379 sft, 3 BHK Compact 1,588-1,603 sft, 3 BHK Standard 1,748-1,861 sft, 3 BHK Premium 2,104-2,172 sft, 4 BHK 2,689-2,726 sft. Each Building carries a specific subset: Buildings 1, 3, 4, 6, 7 carry the entry-level 2 BHK + 3 BHK Compact mix; Building 2 carries the diverse 2.5 BHK + 3 BHK Standard inventory exclusively; Building 5 carries the 3 BHK Premium + 4 BHK inventory exclusively. Each Building has multiple Towers (typically Towers 1-4) carrying specific Types on specific level bands. Refuge floors apply at every 15th storey (typically 16th and 31st floor for G+31 Buildings 1-5). Buyers should request the specific Building / Tower / Type / floor-band combination against current resale-market listings before negotiating.

How does Prestige Falcon City compare with Brigade Meadows?

Brigade Meadows is the closest scale-equivalent ready-resale competitor on Kanakapura Road. Headline differences: Falcon City offers a smaller-but-denser community (30.59 acres / 2,520 units / 7 buildings vs Brigade Meadows ~60 acres / ~3,800 units / multiple phases) with higher metro proximity (Konanakunte Cross within ~0.5 km vs Brigade Meadows ~3 km); Forum Falcon City Mall is INTEGRATED within Falcon City master but absent at Brigade Meadows; configuration ladder differs (Falcon City 2/2.5/3/4 BHK vs Brigade Meadows 1/2/3 BHK with smaller entry-tickets); resale price benchmark ~₹14,500/sft (Falcon City) vs ~₹10,500-12,500/sft (Brigade Meadows). Falcon City has JMC Projects (Kalpataru tier-1 external EPC); Brigade Meadows has Brigade in-house EPC. For metro-proximity + integrated retail + premium configurations, Falcon City is the right pick. For lower entry ticket (1 BHK option) + larger-scale township ecosystem at lower per-sft, Brigade Meadows is the value alternative. The choice frames around metro-and-mall-vs-scale rather than location-vs-location.

What is the rental yield in Prestige Falcon City?

South Bengaluru rental yield benchmarks at 2.8-3.6% gross per published 2025 aggregator analyses, and Falcon City sits at the median of the South Bengaluru rental ladder. Indicative current rentals based on May 2026 corridor benchmarks: 2 BHK 1,204-1,274 sft at ~₹38-50K monthly (~2.8-3.6% gross yield against ₹1.65-1.95 Cr resale entry); 2.5 BHK 1,366-1,379 sft at ~₹42-55K (2.6-3.4% against ₹1.95-2.15 Cr); 3 BHK Compact at ~₹55-72K (2.6-3.4% against ₹2.20-2.50 Cr); 3 BHK Standard at ~₹65-82K (2.6-3.2% against ₹2.50-2.95 Cr); 3 BHK Premium at ~₹80-1.05L (2.7-3.4% against ₹3.00-3.45 Cr); 4 BHK at ~₹1.05-1.40 L (2.7-3.6% against ₹3.85-4.40 Cr). Tenant pool is moderate-strong - Bannerghatta Road IT cluster, Electronic City, JP Nagar IT Park, plus Forum Mall retail / hospitality staff. The 2 BHK and 2.5 BHK pools have the strongest yield-to-ticket ratio for investors targeting working-professional rental market.

Is Prestige Falcon City a good investment in 2026?

For investors with a 5-7 year horizon, Prestige Falcon City offers a defensible South Bengaluru ready-resale play with three structural pillars: Konanakunte Cross Metro Station within ~0.5 km on the operational Green Line (the most metro-proximate apartment community in this micro-market), the integrated Forum Falcon City Mall (the only Bengaluru ready stock with a major Forum Mall walking-distance integrated within the master), and the JMC Projects (Kalpataru tier-1 EPC) construction track record (de-risks original construction quality materially). Forward 5-year capital appreciation is likely 6-8% CAGR (typical for completed-tier ready stock with active resale markets); rental yield 2.8-3.6% gross; total 5-7 year IRR likely in the 9-11% gross range. The easy launch-to-handover appreciation window (~140-180% over 11 years from 2014-2015 launch base ~₹5,500/sft to current ~₹14,500/sft) has already materialised; investors entering at May 2026 resale prices should benchmark against established-resale CAGR rather than launch-stage. For end-users, the ready-to-move + metro-walkable + integrated-mall combination is genuinely differentiated against any other Bengaluru ready-stock option. Trade-offs to underwrite: lake-adjacency NGT concerns for Building 5 / 6 / 7 units, master-scale density at 82 units/acre, Konanakunte Cross peak-hour traffic congestion (amplified by mall traffic), Mivan-construction modification limits, marketing-vs-RERA acreage gap, and the documented buyer-review concerns around bedroom window sizes and single-balcony layouts. Compare against Brigade Meadows and Sobha Forest View before committing.

Where exactly is Prestige Falcon City located?

The project sits at NO. 1182, Sy Nos. 32/1 & Others, Doddakallasandra Village, Uttarahalli Hobli, Bengaluru Urban - pin code 560062. Marketing address: Plot No 1182, Road No 1, Kanakapura Road, Anjanadri Layout, Konanakunte, Bengaluru 560078. Approximate coordinates 12.8800°N, 77.5470°E. The site is ~0.5 km from Konanakunte Cross Metro Station (Green Line operational since 2017), ~3 km from JP Nagar 8th Phase, ~6 km from NICE Road Junction, ~7 km from Outer Ring Road (Banashankari), ~16 km from MG Road / CBD via Kanakapura Road, and ~50 km from Kempegowda International Airport. The eastern boundary of the master is bordered by Doddakallasandra Lake (also referred to as Konanakunte Lake in some maps).

How many buildings and units does Prestige Falcon City have?

7 buildings and 2,520 apartments total. Phase I comprises Buildings 1, 2, 3, 4, 5 - all G+31 floors. Phase II adds Building 6 (G+25) and Building 7 (G+30). Each Building has multiple Towers (typically Towers 1-4) carrying specific Type variants. Total RERA-binding residential parcel is 30.59 acres (123,799 sqm), part of the broader ~52-acre Plot No. 1182 master that also includes the integrated Forum Falcon City Mall, civic amenities, sub-station, auditorium and a future-development school zone. Total project carpet area is 267,721 sqm; total open area is 109,422 sqm (~88% of master); total project cost is ₹1,510 Cr (land ₹288 Cr + construction ₹1,222 Cr).

What configurations are offered and which Building has which?

Prestige Falcon City offers 25 distinct typologies (Type A to Type Y) covering 2 / 2.5 / 3 / 4 BHK across SBUA 1,204-2,726 sft. Each Building carries specific Types: Building 1 (2 BHK Type A/D + 3 BHK Compact J/J1/K/K1 + 3 BHK Type M); Building 2 (the diverse mid-tier Building - carries 2.5 BHK Types E/F/G/H + 3 BHK Standard Types M/M1/N/N1/P/P1/Q/Q1); Buildings 3, 4 (2 BHK Type A/C/D + 3 BHK Compact Types J/J1/K/K1/L); Building 5 (the PREMIUM Building - carries 3 BHK Premium Types R/S/T/U + 4 BHK Types V/V1/W/W1/X/X1/Y/Y1); Buildings 6, 7 (Phase II towers carrying entry 2 BHK Type A/B/D + 3 BHK Compact J/J1/K/K1/L). Building 5 is the ONLY building with Premium 3 BHK + 4 BHK inventory. Building 2 is the ONLY building with the 2.5 BHK + 3 BHK Standard inventory. Buyers should pick the Building first then the Tower and Type - configurations are asymmetric across Buildings.

Is Prestige Falcon City RERA approved?

Yes. The Karnataka RERA registration number is PRM/KA/RERA/1251/310/PR/170913/000114 (Acknowledgement PR/KN/170728/000114). The project status per the Karnataka RERA portal is COMPLETED. RERA was registered on 13-09-2017, with project start date 10-01-2015 (pre-RERA launch) and proposed completion 31-03-2020. The escrow account is with Kotak Mahindra Bank, Lavelle Road branch (IFSC KKBK0000422, A/c 2012185393). RERA-certified parties: Architect V Narasimhan (CA/86/10034); Structural Engineer Arun Nadiq (BCC/BL.3.6/E-4059/14-15); Main Contractor JMC Projects (India) Limited (Kalpataru group's tier-1 EPC arm).

Is Prestige Falcon City ready to move?

Yes - the project is COMPLETED per the Karnataka RERA portal status. RERA-stated proposed completion was 31-Mar-2020; actual full handover was achieved by mid-2020. OC has been issued for all Buildings (Phase I and Phase II OCs were issued separately). Most apartments have been delivered to original buyers and are now in the secondary market. Buyers transacting in 2026 are buying ready-to-move resale stock with immediate occupation possible post-registration. The Forum Falcon City Mall is operational and the residential community is fully active.

Who built Prestige Falcon City?

The developer is Prestige Estates Projects Limited (Prestige Group, NSE/BSE listed; the Falcon House at 19, Brunton Road, Bangalore 560025). Architecture is by V Narasimhan (CA/86/10034) - a Bengaluru-based firm established 1970 with 900+ projects completed across the city. Structural Engineering is by Arun Nadiq (BCC/BL.3.6/E-4059/14-15). The main construction contractor was JMC Projects (India) Limited - the Kalpataru group's tier-1 EPC arm and one of the strongest external EPC partners on any Prestige Bengaluru project. Mivan formwork construction was used for superior wall finish and structural consistency.

What about the lake-bed and NGT proximity concerns?

A non-trivial diligence item that has been publicly raised in buyer-review threads on Homznspace and other forums. The project's eastern boundary is bordered by Doddakallasandra Lake (also referred to as Konanakunte Lake), and Building 5 / Building 6 / Building 7 are the lake-adjacent towers. The NGT's 75-metre lake-buffer ruling (May 2016) raised concerns about whether lake-adjacent units comply - one buyer-review thread specifically noted "31 metres from lake boundary" for one tower. Engage qualified legal counsel for the parent-document trail review including encumbrance certificate (latest 30-year). The lake-adjacency is both a structural visual amenity and a documented incremental due-diligence burden.

Is the project really 52 acres?

No - the RERA-binding residential parcel is 30.59 acres (123,799 sqm) per the official Karnataka RERA filing PRM/KA/RERA/1251/310/PR/170913/000114. Marketing materials commonly cite "52 acres" because the figure includes the broader Plot No. 1182 master with the integrated Forum Falcon City Mall parcel, civic amenities, sub-station, auditorium and the future-development school zone. The additional ~21 acres in marketing copy is the retail-and-civic master. Buyers should rely on the RERA-certified 30.59 acres for the residential-parcel legal purposes; the broader 52-acre master is the integrated-township context.

Prestige Falcon City Latest Updates

  • 02 May 2026
    Resale market refresh - ~₹14,500/sft median
  • 31 Mar 2020
    RERA-stated proposed completion
  • 13 Sep 2017
    RERA registration
  • 10 Jan 2015
    Project commencement

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