Prestige Park Square: Luxury Apartments on Bannerghatta Road, Bangalore
Experience luxury living at Prestige Park Square, a premium "Ready to Move" gated community on Bannerghatta Road. Featuring 586 elegant high-rise apartments across 8 acres, it offers 2 & 3 BHK homes with world-class amenities and 70% greenery.
Project Overview
About the Project
Prestige Park Square is a premier residential township that redefines luxury living in the rapidly developing corridor of Bannerghatta Road. Spanning approximately 8.12 acres of lush, meticulously landscaped terrain, the project is designed to provide a serene sanctuary away from the city’s hustle while maintaining seamless urban connectivity. With a master plan that dedicates over 70% of the area to open green spaces, the development features three majestic high-rise towers that soar 27 storeys high, offering 586 sophisticated residences that blend modern aesthetics with functional design.
The architecture emphasizes natural light and cross-ventilation, ensuring that every 2, 3, and 3.5 BHK apartment feels bright and airy. Each unit is crafted with high-quality specifications, including premium vitrified flooring and elegant finishes that cater to the tastes of discerning homeowners. Now a fully completed and “Ready to Move” community, the project has transitioned into a vibrant residential hub where families enjoy a lifestyle centered around wellness and convenience.
Beyond the individual homes, the project hosts a world-class clubhouse and a comprehensive suite of over 40 amenities designed for all age groups. Residents have access to a mini-theatre, multiple temperature-controlled swimming pools, and specialized sporting facilities like squash and badminton courts. Strategically located near the NICE Road junction and the upcoming Pink Line metro, the community offers residents a distinct locational advantage, placing elite educational institutions, multi-specialty hospitals, and major IT hubs like Electronic City within easy reach.
Price List
| Configuration | Size | Price | Availability |
|---|---|---|---|
| 2 BHK | 1,115 – 1,130 | ₹ 81 Lakhs – ₹ 82.01 Lakhs | Sold Out |
| 3 BHK | 1,348 – 1,600 | ₹ 98.01 Lakhs – ₹ 1.16 Crores | Available |
| 3.5 BHK | 1,771 – 1,855 | ₹ 1.21 Crores Onwards | Available |
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 Registration | 2% | Of property value, paid to BBMP 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.
Floor Plans
Amenities
Specifications
Location & Connectivity
Nearby Places
- NICE Road Junction: 1.5 km (3 mins)
- Gottigere Bus Stop: 1.3 km (2 mins)
- Konanakunte Cross Metro Station: 7 km (13 mins)
- Kalena Agrahara Metro (Upcoming Pink Line): 5.2 km
- Electronic City: 11 km (via NICE Road)
- Sherwood High School: 700 m (walking distance)
- National Public School (NPS) Gottigere: 1.4 km (3 mins)
- Podar International School: 1.2 km (4 mins)
- T. John College: 1.3 km (4 mins)
- IIM Bangalore: 5.1 km (12 mins)
- Vijayashree Hospitals: 1.4 km (4 mins)
- Narayana Nethralaya: 3.6 km (6 mins)
- Fortis Hospital: 4.6 km (10 mins)
- Apollo Hospital: 4.9 km (10 mins)
- Jayadeva Institute of Cardiology: 8 km (15 mins)
- Global Village Tech Park: 14 km (via NICE Road)
- Electronic City IT Hub: 11 km
- Oracle, Accenture, & IBM (Bannerghatta Rd): 5-7 km
- Jigani Industrial Area: 10 km
- DMart (B Cross): 950 m (2 mins)
- Royal Meenakshi Mall: 2.7 km (8 mins)
- Gopalan Innovation Mall: 7.8 km
- Shoppers Stop: 6.7 km
- Bannerghatta National Park: 6 km
- Begur Fort: 7 km
- Lakeside Walking Trails: Nearby Gottigere Lake
- Decathlon (Bannerghatta): 4.5 km
- Bannerghatta Main Road (SH 87): Direct Access
- Peripheral Ring Road (Planned): Easy Connectivity
- Cauvery Water Connection: Phase II Integrated
- Satellite Town Ring Road (STRR): Accessible via NICE Road connection
Bengaluru
India's most stable, end-user-driven real-estate market — fuelled by 1,700+ startups, the world's GCC capital, and the country's most aggressive metro and ORR expansion.
About the Developer
The Prestige Group, founded in 1986, has established itself as one of India’s most trusted and influential real estate developers, renowned for transforming the skylines of major cities like Bengaluru, Mumbai, and Hyderabad. Over nearly four decades, the group has successfully delivered more than 250 projects encompassing over 150 million square feet across residential, commercial, retail, and hospitality sectors. Their commitment to quality is underscored by a consistent CRISIL DA1+ rating—reaffirmed as recently as 2026—marking them as a developer with the highest level of financial strength and project execution capability.
Beyond its massive footprint in India, the group’s leadership under CMD Irfan Razack has earned international acclaim, including prestigious lifetime achievement awards for contributions to the global property market. The brand is synonymous with innovation, often being the first to introduce landmark concepts such as large-scale integrated townships and luxury branded residences. In recent years, the group has accelerated its focus on sustainability and smart home technology, ensuring that their developments meet the evolving demands of modern, eco-conscious homeowners.
Today, the Prestige Group continues to lead with a robust pipeline of “most anticipated” launches, including significant expansion into the high-growth corridors of North and South Bangalore. Their diverse portfolio, which includes the iconic Forum Malls and world-class luxury hotels, reflects a holistic approach to urban development. By combining aesthetic excellence with a customer-centric philosophy, the Prestige Group remains a dominant force in the industry, consistently recognized as India’s most respected real estate brand.
Expert Review
From an investment perspective, Prestige Park Square is currently in a “sweet spot” of value realization, having transitioned from a high-growth construction phase to a stable, high-yield asset in 2026. Experts point to the project’s 68% capital appreciation over the last three years as evidence of its resilience, with current resale prices hovering around ₹13,500 to ₹15,050 per sq. ft. reflecting the significant “Prestige Brand” premium. The most immediate catalyst for further growth is the Namma Metro Pink Line, specifically the elevated stretch to Kalena Agrahara slated for mid-2026; historically, such infrastructure milestones trigger a secondary 15–20% surge in valuation as commute times to the CBD drop under 30 minutes. For rental-focused investors, the project is a top performer on Bannerghatta Road, commanding monthly rents up to ₹76,000 for 3 BHK units, driven by stable demand from IIM Bangalore faculty and senior professionals at nearby tech hubs like Oracle and Accenture.
Pros 7
- Ready-to-Move Advantage: As a completed project, there is zero construction risk and no GST implications. You can inspect the actual flat and view before committing, allowing for immediate occupancy or rental income.
- Strategic Location Connectivity: Situated right near the NICE Road junction, it offers rapid, signal-free access to Electronic City, Kanakapura Road, and Mysore Road. Its position on the main Bannerghatta Road (SH 87) ensures direct connectivity to the city’s core.
- High Open Space Ratio: Approximately 70-75% of the 8.12-acre land is dedicated to landscaped greens and open areas, a significant luxury in the densely populated South Bangalore corridor.
- Reputation & Resale Value: Being a Prestige Group property, the project commands higher trust in construction quality and maintenance. This brand equity typically translates to better capital appreciation and higher resale liquidity compared to smaller developers.
- Superior High-Rise Views: With three towers rising 27 floors, higher-level units offer unobstructed panoramic views of the city skyline and nearby greenery, which is a major draw for premium buyers.
- Proximity to Social Infrastructure: Residents are within a 5–10 minute radius of top-tier amenities, including Royal Meenakshi Mall, Decathlon, and reputed institutions like NPS Gottigere and Sherwood High.
- Robust Rental Yields: Due to its proximity to the Oracle/Accenture corridor on Bannerghatta Road and the Electronic City IT hub, the project consistently sees high rental demand, making it a secure asset for investors.
Cons 6
- Traffic Congestion: While the location is strategic, Bannerghatta Main Road is notorious for heavy traffic during peak hours. Despite road widening efforts, the stretch between Gottigere and Meenakshi Mall can experience significant bottlenecks.
- Distance from the Central Business District (CBD): Located in the far southern part of Bangalore, commuting to areas like MG Road, Indiranagar, or Hebbal can take over 60–90 minutes during peak traffic, making it less ideal for those working in North or East Bangalore.
- Limited Public Transport Options: While the Pink Line metro is under construction, it is currently about 5–7 km away. Until the extension is fully operational, residents are heavily dependent on private vehicles or BMTC buses, which can be inconsistent.
- Dense High-Rise Living: With 27 floors and 586 units across three towers, the project has a high density of residents. During peak hours, there may be wait times for elevators, and common areas like the gym or pool can feel crowded.
- Noise and Dust from Main Road: Since the project is located directly on Bannerghatta Main Road, units in the towers closer to the entrance may experience higher levels of noise and dust pollution compared to the more interior blocks.
- Older Layout Specifications: Being a project designed and launched several years ago, the room dimensions (especially the smaller 2 BHK configurations) may feel slightly compact compared to some newer “ultra-luxury” projects that prioritize larger carpet areas.
Payment Plan
Flexible milestone-linked payments aligned with project progress. Actual break-up is confirmed in the sale agreement.
Investment Growth Potential
EMI Calculator
Visit the Project
Schedule a site visit at your convenience. We handle the transportation.
Resident Reviews
★ Write a ReviewFrequently Asked Questions
Yes, Prestige Park Square is a fully completed and Ready to Move residential project. Possession for most units commenced in early 2023, and many families are already residing in the community.
As of April 2026, resale prices at Prestige Park Square typically range from ₹1.46 Cr to ₹1.68 Cr for 2 BHK units and ₹1.77 Cr to ₹2.72 Cr+ for 3 BHK and 3.5 BHK configurations, depending on the floor level and interior furnishing.
The project is strategically located on Bannerghatta Main Road in Gottigere (Basavanapura), South Bangalore. It is situated right near the NICE Road junction, providing excellent connectivity to Electronic City and Kanakapura Road.
Prestige Park Square is approximately 7 km from the Konanakunte Cross Metro Station (Green Line). Additionally, the upcoming Kalena Agrahara Metro Station (Pink Line) is just 5.2 km away, which will further enhance connectivity to central business districts.
Spanning over 8.12 acres, the project consists of 3 high-rise towers with 27 floors each, offering a total of 586 premium apartments. The master plan ensures that 70% of the land remains open and green.
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