Prestige Finsbury Park — Hyde · Bagalur, North Bengaluru

Prestige Group’s 15-acre, 2,092-unit 1 & 2 BHK enclave inside the KIADB Aerospace Park at Bagalur, North Bengaluru. 12 towers up to 22 floors. Karnataka RERA PRM/KA/RERA/1251/472/PR/191206/003055 · handover Dec 2023 · now Ready to Move.

It is a ready-to-move project offering 1, 2 BHK homes from ₹58 L, completed in December 2023. Its RERA registration number is PRM/KA/RERA/1251/472/PR/191206/003055.

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Prestige Finsbury Park — Hyde Overview

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Project Name
Prestige Finsbury Park — Hyde
Developer
Prestige Group
Location
Bagalur
Property Type
Apartments
Project Type
Standalone Project
Starting Price
₹58 L
Configuration
1, 2 BHK
Total Units
2092 Units
Project Status
Ready To Move In
Possession
December 2023
Availability
Ready to Move (Resale)
Payment Plan
Time-Bound Payment Plan
RERA Status
Approved
RERA Number
PRM/KA/RERA/1251/472/PR/191206/003055
Promoter
Prestige Estates Projects Limited
Karnataka RERA Registration
PRM/KA/RERA/1251/472/PR/191206/003055
Acknowledgement Number
ACK/KA/RERA/1251/472/PR/191105/003664
RERA Registration Date
06 December 2019
Project Start Date
01 January 2020
Original Proposed Completion
30 June 2023
COVID Extension (granted)
30 March 2024 — RERA-issued extension order on file
On-Ground Handover
December 2023 — project now Ready-to-Move per multiple buyer sources
Approving Authority
KIADB (Karnataka Industrial Areas Development Board)
Project Type
Residential / Group Housing
Project Description (RERA)
Residential development consisting of 3 buildings with 12 towers
Project Address
Plot No. R-6 (part), Hi-Tech, Defence and Aerospace Park, Bagalur and Hoovinayakanahalli Villages, Jala Hobli, Bengaluru Urban – 562149
Taluk
Yelahanka
District
Bengaluru Urban
Total Land Area
60,704 sq.m. (~15 acres)
Total Open Area
45,744 sq.m. (~75% open)
Total Covered Area
11,925 sq.m.
Total Carpet Area (RERA)
1,14,450 sq.m. across 2,092 units
Balcony / Verandah Area
7,030 sq.m.
No. of Inventory Units
2,092 residential apartments (1 BHK + 2 BHK)
No. of Parking for Sale
225 dedicated parking slots (3,094 sq.m. total parking area)
Estimated Construction Cost
₹615,64,85,225 (~₹615.65 Cr)
Total Project Cost (RERA)
₹682,64,75,175 (~₹682.65 Cr)
Cost of Land
₹66,98,99,950 (~₹66.99 Cr)
Escrow Account (70%)
Kotak Mahindra Bank, Lavelle Road Bangalore (A/c 5213085448, IFSC KKBK0000422)
Architect
Thomas Associates (Karnataka COA CA/99/25282, est. 1992, 375 completed projects)
Structural Engineer
L N T – Ram Kumar G (LNT Constructions Design Dept, Manapakkam, Chennai)
Project Contractor
Larsen & Toubro Limited (est. 1913, 600 completed projects)
Brochure & Details
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About Prestige Finsbury Park — Hyde

Prestige Finsbury Park — Hyde is the larger of two adjacent enclaves that together form Prestige Group’s 25-acre Finsbury Park township inside the KIADB Hi-Tech, Defence and Aerospace Park at Bagalur, North Bengaluru. The Hyde block spans 15 acres (60,704 sq.m. per the Karnataka RERA filing), the sister Regent block spans the remaining 10 acres, and each has its own RERA registration, clubhouse and amenity envelope. Hyde comprises 2,092 apartments arranged across 12 high-rise towers organised in 3 building groups (Building 1 with Towers 1–3, Building 2 with Towers 4–6, and Building 3A / 3B with Towers 7–12). Towers rise up to 22 floors (B + G + 20–21 typical floors), with ~75% of the land kept as open space, anchored by a central courtyard, a central boulevard, and a 32-metre-wide internal road network.

The format mix at Hyde is deliberately compact: 1 BHK (Unit typologies A1 through A11, super-built-up area 636–~760 sq.ft) and 2 BHK (Unit typologies B1 through B14, super-built-up area 955–999 sq.ft). There are no 3 BHK or larger formats in Hyde — those are exclusively in the sister Regent block. Karnataka RERA records total carpet area as 1,14,450 sq.m. across the 2,092 apartments, with 7,030 sq.m. of balcony / verandah space. The project carries 225 dedicated parking slots (3,094 sq.m. of total parking area) — a constrained parking allocation that buyers should price into the value proposition.

RERA & legal status

Hyde is registered with Karnataka RERA as PRM/KA/RERA/1251/472/PR/191206/003055, originally registered on 06 December 2019. The Karnataka RERA portal shows the original proposed completion of 30 June 2023 with a COVID-extension granted to 30 March 2024 — both registration-level fields. On the ground, the project achieved handover by December 2023 per multiple buyer-facing sources and is currently in “Ready to Move” status with an active secondary market. KIADB approved the project; the architect is Thomas Associates (Karnataka COA CA/99/25282, 375 completed projects), structural engineering is by Ram Kumar G of L&T Constructions Design Dept (Manapakkam, Chennai), and the construction contractor is Larsen & Toubro Limited — an unusually heavy contractor pedigree for a residential project at this price point. Funds collection runs through a Kotak Mahindra Bank Lavelle Road escrow account in compliance with RERA Section 4(2)(D).

Master plan and amenity envelope

The site is organised around a central courtyard and a central boulevard that run between the three building clusters. The brochure clubhouse stack includes a swimming pool, gymnasium, health club, indoor badminton court, squash court, party halls, billiards, table tennis, board games, a reading room, a mini theatre, a crèche, plus provision for a convenience store, pharmacy and doctor’s clinic, and an ATM space. Outdoor amenities cover a cricket pitch, basketball court, football court, jogging track, central park, kids’ play area, elders’ park and a pet park. Approximately 75% of the 15-acre footprint is preserved as open space (45,744 sq.m. open vs 11,925 sq.m. covered per RERA) — one of the more generous open-area ratios in the Bagalur micro-market.

Who it’s for

Hyde targets two distinct buyer sets. First, end-user salaried professionals (single, young-couple, or small-family) employed inside the KIADB Aerospace / Defence Park ecosystem — Boeing India, Airbus, Tata Advanced Systems, Wipro Infrastructure Engineering, Dynamatic Technologies, Shell Technology Centre, Sansera Engineering, GE Aviation — for whom compact 1 BHK and 2 BHK formats inside a Prestige-branded gated community within 5–15 minutes of the workplace is a meaningful upgrade over older Bagalur and Hennur Road inventory. Second, North Bangalore investors targeting airport-corridor capital appreciation: prices in the Bagalur Road / Gummanahalli corridor have appreciated ~100% from 2016 to 2025 per Homebazaar, and the project has seen ~30% resale appreciation over launch pricing per Prestige channel partners.

Prestige Finsbury Park — Hyde Price List

Home typeSize (saleable)Usable (carpet)PriceAvailability
1 BHK (Compact · A1–A4) 636–652 sq.ft (SBA) · ~416–480 sq.ft carpet — ₹43–58 L (resale, indicative) Resale Listings
1 BHK (Standard · A5–A8) ~650–700 sq.ft (SBA) · ~430–490 sq.ft carpet — ₹55–68 L (resale, indicative) Resale Listings
1 BHK (Premium · A9–A11) ~700–760 sq.ft (SBA) · ~470–530 sq.ft carpet — ₹60–72 L (resale, indicative) Resale Listings
2 BHK (Compact · B1–B4) 955–971 sq.ft (SBA) · ~590–620 sq.ft carpet — ₹72–88 L (resale, indicative) Resale Listings
2 BHK (Standard · B5–B10) ~975–995 sq.ft (SBA) · ~600–640 sq.ft carpet — ₹82 L–1.05 Cr (resale, indicative) Resale Listings
2 BHK (Premium · B11–B14) ~995–999 sq.ft (SBA) · ~625–642 sq.ft carpet — ₹1.05–1.33 Cr (resale, indicative) Resale Listings
Official Documents
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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 Finsbury Park — Hyde Review: Is It a Good Buy?

VS
Reviewed by
Project Reviewer · BookNewProperty · Verified
4.3 out of 5 10 Pros · 10 Cons

Hyde is a credibly sized Bagalur enclave: 15 acres, 2,092 units, 12 towers, Karnataka RERA-approved (PRM/KA/RERA/1251/472/PR/191206/003055), handed over Dec 2023 and now Ready-to-Move. L&T as contractor and Thomas Associates as architect give it unusually heavy execution pedigree for a 1 & 2 BHK price-point. Honest watch-outs: only 225 dedicated parking slots for 2,092 units is constrained; pricing is now a resale market with ~30% appreciation over launch; location is KIADB Aerospace Park (not Yelahanka or Airport-proper); no operational metro within 10 km; demand is aerospace / defence-driven, not mainstream IT.

Pros 10

  • Ready-to-move status physical handover from December 2023, no construction-delay risk
  • Larsen & Toubro as construction contractor rare execution pedigree for this price point
  • Karnataka RERA-approved (PRM/KA/RERA/1251/472/PR/191206/003055) with 70% escrow compliance
  • Inside the KIADB Aerospace Park 5–15 min commute to Boeing, Airbus, Tata Advanced, Shell, Wipro Infra
  • Sub-₹60 L 1 BHK entry-tier rare in any Prestige Group inventory affordability lever
  • ~75% open space per RERA filing generous breathing room within a 15-acre footprint
  • ~17–20 km to Kempegowda International Airport via NH-44 / Bagalur main road
  • Full clubhouse stack pool, gym, badminton, squash, mini theatre, crèche, library
  • ~100% capital appreciation in Bagalur micro-market 2016–2025 per Homebazaar tracking
  • Sister Regent block (10 acres, 3 BHK) keeps the wider 25-acre township curated by Prestige

Cons 10

  • Only 225 dedicated parking slots for 2,092 units constrained 1-in-9 parking ratio
  • Resale-only inventory now ~30% mark-up over launch pricing per channel partners
  • Location is KIADB Aerospace Park / Bagalur, not Yelahanka or airport-proper as some marketing implies
  • No operational metro within ~10 km Phase 2A Blue Line extension still under construction
  • Demand is aerospace / defence-driven less liquid than IT-park resale corridors
  • Compact units only 1 BHK at 416–480 sqft carpet is genuinely small for a family
  • Brochure mentions “up to 22 floors” while aggregators report 21 verify final tower height
  • RERA proposed-completion was 30 Jun 2023; handover slipped ~6 months despite COVID extension
  • 2,092 units in a single enclave creates density and lift-wait concerns at peak hours
  • Civic infrastructure (water, sewage) at Bagalur is still maturing relative to Hebbal / Yelahanka

Prestige Finsbury Park — Hyde Plans

Project Layouts
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Prestige Finsbury Park — Hyde Amenities

Equipped Clubhouse
Swimming Pool
Gymnasium
Health Club
Indoor Badminton Court
Squash Court
Table Tennis
Billiards Room
Board Games
Reading Room
Party Halls
Mini Theatre
Crèche Provision
Convenience Store
Pharmacy & Clinic
ATM Provision
Outdoor Games Area
Basketball Court
Cricket Pitch
Football Court
Central Park
Central Boulevard
Jogging Track
Kids’ Play Area
Elders’ Park
Pet Park
Central Courtyard
Landscaped Gardens
75% Open Space
24x7 Security
CCTV Coverage
Power Backup
24x7 Water Supply
Basement Parking

About Prestige Estates Projects Limited

Prestige Estates Projects Limited

Premium Founded 1986 Bengaluru, Karnataka, India
Verified Developer
350+
Projects
40
Years
10
Cities
200M+
Sq Ft Built

Prestige Finsbury Park — Hyde Payment Plan

Time-Bound Payment Plan

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Prestige Finsbury Park — Hyde EMI Calculator

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Home price₹58 L
You pay upfront₹12 L
Bank loan₹46 L

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
₹39,920
Monthly EMI
₹49.81 L
Total Interest
₹95.81 L
Total Payable

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More About Prestige Finsbury Park — Hyde

01

Status reconciliation: RERA portal vs ground reality

The Karnataka RERA registration page for Hyde, when viewed on 11 May 2026, still displays the original 30 June 2023 proposed completion plus the 30 March 2024 COVID extension — both registration-level fields. On the ground, the project achieved physical handover by December 2023 per multiple buyer sources (housing.com, propfloor.com, Prestige channel-partner microsites) and is now in “Ready to Move” status with an active secondary market and reported ~30% resale appreciation over launch pricing. The Karnataka RERA portal’s “Project Status” field still reads “New Project Launch” — that is the registration label captured at the time of filing in December 2019, not a current-state field. Buyers should ask the developer / re-seller for the Occupancy Certificate (OC) directly when scheduling a site visit.

The Karnataka RERA filing discloses 225 dedicated parking slots for sale (across 3,094 sq.m. of parking area) against 2,092 residential apartments — an apparent 1-in-9 ratio that warrants explanation. Two readings are possible: (1) the 225 figure represents only the parking slots Prestige is selling separately, with additional parking allocated within the apartment sale at typical Bangalore norms of 1 covered slot per 1 BHK / 2 BHK; or (2) parking is genuinely constrained and most residents park in shared / open / podium spaces not classified as “for sale”. Buyers should verify the actual parking allocation per apartment in their specific tower with the developer / seller before transaction close — do not assume the brochure-stated “basement parking” means dedicated covered parking per unit.

The project entry is on Bagalur main road. Drive times: Hebbal junction ~14 km / ~30–40 min via Bellary Road or via the Bagalur cross-Hennur arterial; Kempegowda International Airport ~17–20 km / ~25–35 min via NH-44 north; Yelahanka town ~13–15 km west; Manyata Embassy Business Park ~16–20 km via Hebbal; ORR junction at Hennur ~12 km. The closest operational railway is the suburban Yelahanka Junction (~14 km). Bangalore Metro Phase 2A Blue Line (Silk Board–KR Puram–Airport) with airport extension is under construction; a Bagalur spur is referenced in planning materials but has no approved alignment as of mid-2026. The arterial widening of Bagalur Road (under KIADB / PWD jurisdiction) and the upcoming Peripheral Ring Road (PRR) are the two near-term infrastructure catalysts that will most affect commute times.

Education within reasonable distance: Ryan International School Yelahanka, Vidyashilp Academy, Mallya Aditi International School, Stonehill International School, Canadian International School, Jain Heritage School, Delhi Public School North. Healthcare: Aster CMI Hospital Hebbal, Columbia Asia Hospital Hebbal, Cratis Hospital Jakkur, Manipal Northside, Ramaiah Memorial. Retail and entertainment: Esteem Mall Hebbal, RMZ Galleria Yelahanka, Phoenix Mall of Asia (Hebbal, completed 2023), Orion Mall Rajajinagar (~25 min). Aerospace / Defence anchors within ~5 km: Boeing India Engineering & Technology Centre, Airbus, Tata Advanced Systems, Wipro Infrastructure Engineering, Dynamatic Technologies, Shell Technology Centre Bangalore, Sansera Engineering, GE Aviation, Honeywell Technology Solutions.

The Bagalur capital-appreciation thesis rests on three pillars: (1) airport-corridor proximity — the 17–20 km drive to Kempegowda International Airport puts this on a different demand curve from Whitefield / Sarjapur; (2) aerospace / defence-park anchor tenants generate steady, white-collar rental demand for compact 1 & 2 BHK formats; (3) infrastructure catalysts — Bagalur Road widening, Peripheral Ring Road commissioning, eventual airport metro extension — should compress travel times and lift land values over a 5–7 year horizon. Honest counter: aerospace and defence hiring is less liquid than IT — rental yields at Bagalur run ~3.0–3.5% gross vs ~4.0–4.5% in Whitefield / Sarjapur, and resale velocity is slower. The Hyde 1 BHK is the cleanest entry-tier play; the 2 BHK Premium (B11–B14) at ~₹1.05–1.33 Cr is a more end-user-led purchase given the price point relative to nearby Whitefield-grade alternatives.

Since the project is now in resale, transaction mechanics differ from a primary-market booking. The sale will be a registered Sale Deed (not Agreement to Sell) for a Ready-to-Move unit, with Karnataka stamp duty (~5–6.5%) plus registration (~1%) on the Guidance Value or sale consideration (whichever is higher). GST does not apply on RTM resale (it was paid on the original under-construction sale). Buyers should verify: (a) the Occupancy Certificate (OC) issued by the competent authority, (b) the No-Dues Certificate from the apartment owners’ association / maintenance company, (c) sinking fund and advance maintenance balance transfer terms, (d) Khata transfer (BBMP / Panchayat depending on the survey number jurisdiction), and (e) latest property tax receipt. Resale loans are widely available from HDFC, SBI, ICICI, Axis, Kotak Mahindra and most public-sector banks given the L&T-built RERA-approved profile. Prestige Property Management & Services (in-house FM arm) handles the wider Finsbury Park facility management.

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Prestige Finsbury Park — Hyde FAQs

Where exactly is Prestige Finsbury Park — Hyde located?

The project is at Plot No. R-6 (part), Hi-Tech, Defence and Aerospace Park, Bagalur and Hoovinayakanahalli Villages, Jala Hobli, Bengaluru Urban – 562149. Taluk is Yelahanka. The entry is on Bagalur main road, ~17–20 km south of Kempegowda International Airport via NH-44 and ~13–15 km east of Yelahanka town. Note this is a KIADB-approved project, not BBMP.

Is the project ready-to-move?

Yes. Physical handover began December 2023 per multiple buyer-facing sources (housing.com, propfloor.com, Prestige channel partners) and the project is currently in “Ready to Move” status with an active resale market. The Karnataka RERA portal still displays the original 30 June 2023 proposed completion + 30 March 2024 COVID extension as registration-level fields — these are not current-state indicators. Always request the Occupancy Certificate (OC) at site visit.

Is the project RERA-approved?

Yes — Karnataka RERA registration PRM/KA/RERA/1251/472/PR/191206/003055, registered on 06 December 2019. The project was approved by KIADB (Karnataka Industrial Areas Development Board) under the Hi-Tech, Defence and Aerospace Park master allotment. The escrow account is held with Kotak Mahindra Bank Lavelle Road in 70% RERA-compliance.

What configurations and prices are on offer?

Hyde offers only 1 BHK and 2 BHK formats (no 3 BHK or larger — those are in the adjacent Regent block). Current resale band per housing.com Aug 2025 and Prestige channel partners: 1 BHK (SBA 636–760 sq.ft) at ₹43–72 L; 2 BHK (SBA 955–999 sq.ft) at ₹72 L–1.33 Cr. Carpet area runs ~416–642 sq.ft across the unit mix. Average carpet-area pricing is ~₹9,253/sq.ft per propsoch.

How does Hyde differ from the sister Regent block?

Hyde and Regent are the two independent enclaves that together make up the 25-acre Finsbury Park township on adjacent plots. Hyde (15 acres, 2,092 units, 1 & 2 BHK only, RERA ...003055) and Regent (10 acres, 958 units, 3 BHK only, RERA ...003056) have separate RERA registrations, separate clubhouses, separate amenity envelopes and different price points (Regent is a larger-format premium tier). This overlay covers Hyde only.

How many towers and how tall?

Hyde has 12 towers (organised in 3 building clusters: Building 1 with Towers 1–3, Building 2 with Towers 4–6, Building 3A / 3B with Towers 7–12). Each tower has Basement + Ground + ~20–21 typical residential floors, with the brochure describing “towers that rise up to 22 floors” including amenity / refuge levels. The 12 towers collectively hold 2,092 apartments per the Karnataka RERA filing.

What is the parking allocation?

The Karnataka RERA filing discloses 225 dedicated parking slots for sale (3,094 sq.m. parking area) against 2,092 units. Buyers should verify with the developer / seller exactly what parking allocation comes with their specific apartment — do not assume the brochure “basement parking” reference means dedicated covered parking per unit. This is a meaningful pre-transaction question.

Who is the architect and contractor?

Per the Karnataka RERA filing: Architect is Thomas Associates (32/4 Kasturba Road Bangalore, Karnataka COA CA/99/25282, established 1992, 375 completed projects). Structural Engineer is Ram Kumar G of L&T Constructions Design Department (Manapakkam, Chennai, Local Authority Licence PE/00268/16, established 2002, 20 completed projects). The construction contractor is Larsen & Toubro Limited (established 1913, 600+ completed projects) — an unusually heavy execution pedigree for a 1 & 2 BHK price point.

What employment hubs are nearby?

Within 5–15 minutes drive inside the KIADB Aerospace / Defence Park: Boeing India Engineering & Technology Centre, Airbus, Tata Advanced Systems, Wipro Infrastructure Engineering, Dynamatic Technologies, Shell Technology Centre Bangalore, Sansera Engineering, GE Aviation, Honeywell Technology Solutions. Manyata Embassy Business Park is ~16–20 km via Hebbal. Hebbal “new CBD” cluster (Phoenix Mall of Asia, Aster CMI, Karle Town Centre) is ~14 km via Bellary Road.

How are taxes and stamp duty handled on a resale purchase?

Since Hyde is in resale (Ready-to-Move), the transaction is a registered Sale Deed (not Agreement to Sell). Karnataka stamp duty (~5–6.5%) plus registration (~1%) apply on the Guidance Value or sale consideration, whichever is higher. GST does not apply on RTM resale — it was already collected on the original under-construction sale. Buyers should verify the Occupancy Certificate, No-Dues from the maintenance company, Khata transfer, and the latest property-tax receipt before closing.

What is the rental yield outlook?

Bagalur rental yields run ~3.0–3.5% gross vs ~4.0–4.5% in Whitefield / Sarjapur, reflecting the aerospace / defence demand mix (steadier but less liquid than IT). Typical 1 BHK rentals at Hyde are reported in the ₹15,000–22,000 / month range; 2 BHK rentals in the ₹22,000–32,000 / month range. Capital appreciation has been the stronger leg of the investment thesis — Bagalur micro-market prices rose ~100% from 2016 to 2025 per Homebazaar tracking, and Hyde resale prices are up ~30% over launch per channel partners.

What about Bangalore Metro access?

There is no operational metro within ~10 km of Bagalur. The Bangalore Metro Phase 2A Blue Line (Silk Board–KR Puram–Airport) is under construction with planned airport extension to Kempegowda International Airport. A dedicated Bagalur-area metro spur is referenced in planning materials but has no approved alignment as of mid-2026. Treat metro access as future upside (~2028+), not baseline.

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