Prestige Park Street Price

Explore the indicative pricing for pre-launch 1, 2 and 3 BHK luxury apartments at Prestige Park Street, with 1 BHK homes from Rs. 85 Lakhs, 2 BHK homes from Rs. 1.31 Crores, and 3 BHK homes from Rs. 1.98 Crores. For cost discipline in the same Bengaluru market, Prestige Springwood helps readers stay focused on total payable value rather than treating the quoted base number as the full answer.

Price List

Available configurations and indicative pricing for current enquiry

Unit Type Built-up Area Indicative Price Notes
1 BHK 685 sq ft From ₹85 Lakh Compact entry layout
2 BHK 845 sq ft From ₹1.31 Cr Efficient family layout
3 BHK 1,250 sq ft From ₹1.98 Cr Premium family residence
3 BHK Premium / Study Up to 1,650 sq ft On request Larger premium format

Value Positioning

The 1 BHK entry price keeps the project accessible for buyers looking at branded apartments in the Devanahalli catchment, while the 2 and 3 BHK bands should be compared against the full cost sheet and live inventory.

Simple Price Band

With clearly separated 1, 2, 3 BHK and premium 3 BHK size bands, the project keeps price discovery clearer than developments with too many unit variants.

Detailed Cost Sheet

Parking, maintenance deposits, statutory charges, and inventory-specific pricing remain available through the detailed cost sheet.

Pricing Context

The published pricing positions Prestige Park Street as a premium but still approachable Prestige Group apartment option in Devanahalli. Buyers get a compact entry point at 685 sq ft for 1 BHK homes, a 845 sq ft 2 BHK option, a 1,250 sq ft 3 BHK, and a larger 1,650 sq ft 3 BHK Premium / study step-up.

This page highlights the public starting prices, while the detailed cost sheet remains the right source for all-inclusive outflow, payment scheduling, and live inventory availability.

Prestige Park Street premium tower facade
Premium tower facade reflecting the project's market positioning.

What You Can Request

Use the enquiry form to receive sales material tailored to your requirement

Detailed Cost Sheet

Receive unit-level pricing, add-on charges, and payment schedule information.

Availability Check

Confirm which 2 BHK or 3 BHK inventory options are still open for booking.

Launch Timeline

Request support on possession planning, construction updates, and site visit scheduling.

Price Analysis — Payment, EMI, Rental Yield

Configuration-Wise Pricing

ConfigurationSuper built-upStarting priceApprox Rs/sq ft
1 BHK~685 sq ft₹85 Lakh~₹12,400
2 BHK~845 sq ft₹1.31 Cr~₹15,500
3 BHK~1,250 sq ft₹1.98 Cr~₹15,840
3 BHK Premium / 3 BHK + Studyup to ~1,650 sq ftOn request~₹16,000+

The base rate of ₹12,410 / sq ft applies to the entry-level 1 BHK and floor-positions. Larger configurations and higher floors carry configuration premiums, floor-rise charges, and preferential-location-charges (PLC) that lift the effective per-sq-ft rate accordingly.

The pre-launch base rate is valid until 05 October 2026. The post-launch price sheet typically reflects a step-up of ₹500 – ₹1,200 per sq ft over the pre-launch rate, plus market-led floor-rise and PLC adjustments. Buyers entering during the pre-launch window therefore lock in an effective discount of approximately ₹3.5 – 8 Lakh per apartment over the post-launch entry.

Market Context — Devanahalli Pricing

SegmentIndicative range (Rs/sq ft, 2026)
Devanahalli average apartment₹5,500 – ₹7,500
Top Devanahalli projects~₹8,200
Devanahalli luxury inventory₹10,000 – ₹12,500+
Prestige Park Street pre-launch~₹12,410 (base)
Post-metro band (projected 2027 – 2028)₹14,000 – ₹18,000

The structural drivers of this price band include the Devanahalli Special Investment Region (SIR), the BIAL ITIR with ₹1 lakh crore committed investment and projected 40,000 direct jobs, the Aerospace SEZ hosting 50+ OEMs including Boeing and Airbus, Foxconn's operational ₹21,911 Cr campus, and the metro Phase 2B operational opening through 2026 / 2027. Devanahalli prices have appreciated 97.9% over five years; luxury segment is appreciating at approximately 11% per annum.

All-In Cost Breakdown — Worked Examples

The headline price is the agreement value. Buyers should plan all-in cost including registration, stamp duty, GST on under-construction apartments, legal documentation, and standard maintenance corpus.

1 BHK — All-in cost

Component1 BHK (₹85 Lakh base)
Base price₹85,00,000
Stamp duty (5%)₹4,25,000
Registration (1%)₹85,000
GST on under-construction (5%)₹4,25,000
Legal documentation~₹50,000
Maintenance corpus (~₹60/sq ft)~₹41,100
Indicative all-in cost~₹95,26,100

2 BHK — All-in cost

Component2 BHK (₹1.31 Cr base)
Base price₹1,31,00,000
Stamp duty (5%)₹6,55,000
Registration (1%)₹1,31,000
GST on under-construction (5%)₹6,55,000
Legal documentation~₹50,000
Maintenance corpus (~₹60/sq ft)~₹50,700
Indicative all-in cost~₹1,46,41,700

3 BHK — All-in cost

Component3 BHK (₹1.98 Cr base)
Base price₹1,98,00,000
Stamp duty (5%)₹9,90,000
Registration (1%)₹1,98,000
GST on under-construction (5%)₹9,90,000
Legal documentation~₹50,000
Maintenance corpus (~₹60/sq ft)~₹75,000
Indicative all-in cost~₹2,21,03,000

Karnataka stamp duty applicable on apartment purchase is 5% of the agreement value (plus surcharge, where applicable), registration is 1%, and GST is currently 5% on under-construction apartments (without input-tax credit). Floor-rise and PLC are quoted separately at booking. Buyers should always validate the final cost sheet against the RERA-registered cost sheet at the time of booking.

Payment Plan Options

Prestige Park Street is offered under construction-linked, milestone-linked, and developer-flexi payment plans. Final payment plans are confirmed at booking based on the developer's launch-time policy.

Construction-Linked Plan (CLP)

Standard payment schedule pegged to construction milestones — booking → foundation → plinth → 5 / 10 / 15 / 20 / 25 / 30 floor casting → finishing → possession. Useful for self-funded buyers who want payment cash-flow matched to physical progress.

Down-Payment / Subvention

Larger upfront commitment with a fixed-step schedule. Typically attracts a developer discount on the headline price. Useful for buyers with deployable cash who want to lock in pre-launch pricing fully.

Possession-Linked Flexi Plan

Smaller booking + token, with the substantial portion paid closer to possession. Useful for buyers on home loan where interest-burden cash-flow is a constraint.

Booking and token

The token amount for pre-launch booking is typically ₹2 – ₹5 Lakh, depending on configuration. The booking amount completes within 30 – 45 days from token. The agreement of sale is registered after the booking amount is paid and the RERA registration is in place.

Home Loan EMI Guidance

Most major banks and home-finance companies (HFCs) extend home loans up to 80% of the all-in cost of pre-approved projects. Prestige is consistently on the pre-approved list of HDFC, SBI, ICICI Bank, Axis Bank, LIC Housing Finance, Bajaj Housing Finance, and most major HFCs — usually with a streamlined disbursement process.

Indicative EMI (illustrative, 8.5% per annum, 20-year tenure)

ConfigurationLoan amount (80% of all-in)Indicative EMI
1 BHK~₹76,20,000~₹66,100 / month
2 BHK~₹1,17,13,000~₹1,01,600 / month
3 BHK~₹1,76,82,000~₹1,53,400 / month

Indicative EMIs are at 8.5% per annum nominal interest, 240-month tenure, equated-monthly-instalment basis. Actual EMI depends on the buyer's credit profile, loan tenure, exact disbursement schedule, and the bank's prevailing interest rate at sanction. Many buyers also opt for partial-disbursement schedules (drawdown linked to construction milestones) where interest is paid only on the disbursed amount until full disbursement.

Standard buyer profile thresholds

  • 1 BHK loan band — household income typically ₹15 – 25 Lakh per annum
  • 2 BHK loan band — household income typically ₹22 – 35 Lakh per annum
  • 3 BHK loan band — household income typically ₹35 – 55 Lakh per annum

Rental Yield Analysis

Rental yield is the most-overlooked component of total return for end-users renting out the apartment before moving in. The 2030 possession start positions Prestige Park Street to begin its rental run from a meaningful corridor employment density.

Indicative 2030 rental bands

ConfigurationConservativeModerateOptimistic
1 BHK₹22,000₹26,000₹30,000
2 BHK₹32,000₹38,000₹44,000
3 BHK₹50,000₹60,000₹70,000

Indicative gross yield (on all-in cost)

ConfigurationConservativeModerateOptimistic
1 BHK~2.8%~3.3%~3.8%
2 BHK~2.6%~3.1%~3.6%
3 BHK~2.7%~3.3%~3.8%

Net yield is gross less property tax, maintenance, periodic vacancy, repairs, and management cost — typically 0.6 – 0.9% reduction from gross. The rental band assumes the ITIR + Aerospace SEZ employment ramp continues on schedule. Conservative scenarios assume slower SEZ ramp; optimistic scenarios assume full operational ramp by 2030.

Yield Comparison vs Other Asset Classes

Asset classIndicative net yield (2026 baseline)
Fixed Deposits (large bank, 1-5 yr)6.5 – 7.5%
Government bonds (10 yr)7.0 – 7.5%
Equity (NIFTY 50 dividend yield)1.0 – 1.5%
REIT (large Indian REITs)6.0 – 7.0% (post-tax adjusted)
Devanahalli rental real estate (this project)2.0 – 3.0% (net, gross-of-appreciation)

Real estate yield alone is below FD and bond rates. The investment case for residential apartments — particularly on an appreciating corridor like Devanahalli — rests on the total return = rental yield + capital appreciation. Devanahalli's 11% annual luxury-segment appreciation contributes the dominant share of total return for the next 4–6 year window.

Capital Appreciation Expectations

Time horizonExpected appreciation scenario
2026 → 2027 (pre-metro to early metro)12 – 18%
2027 → 2028 (metro operational, Apollo opening)15 – 22%
2028 → 2029 (ITIR build-out maturing)10 – 15%
2029 → 2030 (possession start)8 – 12%
Cumulative pre-launch → possession~60 – 80%

This scenario assumes the corridor's connectivity and employment build-out completes broadly on the public schedule. Risks to the scenario include metro delays beyond 2028, slower-than-projected SEZ ramp, and broader macro slowdown affecting employment growth. Conservative scenarios put cumulative pre-launch → possession appreciation at ~40 – 50%, still meaningful against a base rate-adjusted opportunity cost.

Total Return Modeling — Illustrative 2 BHK

YearAsset valueAnnual rental (post-possession)Cumulative IRR
Booking (2026, all-in ~₹1.46 Cr)₹1.46 Cr
2027₹1.70 Cr
2028₹1.96 Cr
2029₹2.18 Cr
2030 (possession)₹2.40 Cr₹38,000 / month (₹4.56 Lakh / yr)
2031₹2.62 Cr₹4.7 Lakh
2032₹2.85 Cr₹4.85 Lakh~14 – 15% IRR

This illustrative IRR assumes a moderate appreciation scenario, full rental from possession, and home-loan partial financing. A self-funded all-cash purchase produces a lower IRR because leverage amplification is absent. A leveraged purchase at 70 – 80% loan-to-value produces a higher equity IRR.

Investor Profiles

End-user buyer (3 BHK). Buyer planning to occupy from 2030 onwards, with one income servicing the home loan and a second income / corpus deploying into the locality. The 3 BHK at ~₹1.98 Cr base is positioned for this profile. Total return is occupied-value plus the capital-appreciation differential vs renting comparable inventory.

End-user investor (2 BHK). Buyer planning to rent for 3–5 years post-possession and then convert to self-use. The 2 BHK rental band of ₹32,000 – ₹44,000 / month is robust enough to substantially offset the home-loan EMI. Total return is leveraged appreciation + rental.

Yield-focused investor (1 BHK). Buyer prioritising rental yield and capital appreciation, not occupancy. The 1 BHK rental of ₹22,000 – ₹30,000 / month against ~₹95 Lakh all-in cost is at the lower end of yield among local rental products, but the appreciation cushion (Devanahalli +11% annual luxury inflation) compensates.

Capital-appreciation investor (3 BHK / 3 BHK premium). Buyer prioritising capital appreciation over yield, with a planned 7–10 year exit window. The 3 BHK premium at ~₹2.5 – 3.0 Cr is positioned for this profile, capturing the corridor's full re-rating cycle.

Booking Process

StepAction
1. Initial site visitVisit the on-site sales office (Palya Village, Devanahalli) and walk through the sample apartment
2. Configuration selectionReview configuration-wise floor plans, tower / floor / view options
3. Inventory holdHold the selected unit with a token amount (typically ₹2 – ₹5 Lakh)
4. Booking amountComplete booking amount within 30 – 45 days from token
5. RERA validationValidate the RERA registration on rera.karnataka.gov.in once issued
6. Sale agreementSign the RERA-registered Agreement of Sale (AOS)
7. Home loan disbursementCoordinate with bank / HFC for partial disbursement linked to construction milestone
8. Construction progressReceive monthly progress updates and RERA quarterly disclosures
9. Pre-possession inspectionWalk through the apartment before handover, identify any snags
10. Possession + registrationFinal registration and key handover from 31 October 2030

Pricing Cautions

  • Validate against RERA. Once the RERA number is issued, the RERA-registered cost sheet supersedes pre-launch indications. Always cross-check.
  • Floor-rise and PLC at quote. Higher floors and preferred view / corner positions carry slabs that are quoted at the time of booking. Factor this into the budget.
  • GST changes. GST on under-construction apartments is currently 5%; any change in the GST regime is passed through.
  • Maintenance corpus. This is a one-time corpus at handover for the Apartment Owners' Association. Recurring monthly maintenance is separate.
  • Pre-launch validity. The pre-launch base rate is valid until 05 October 2026. Booking after that date is at the post-launch rate.
  • Buyer due-diligence. Always validate land title, project approvals, RERA, encumbrance, and the developer's parent-company filings before any financial commitment.

Next Steps

  • Floor Plans — configuration-wise floor plan reference
  • Reviews — independent market positioning and comparable analysis
  • FAQ — pricing and payment FAQs
  • Contact — request the configuration-wise price sheet, the payment plan schedule and a brochure walk-through

Prestige Park Street Price - Frequently Asked Questions

What is the starting price at Prestige Park Street?

The 1 BHK starts from around Rs. 85 Lakhs, the 2 BHK from around Rs. 1.31 Crores, and the 3 BHK from around Rs. 1.98 Crores as per the current price page. These are headline numbers; the all-in cost moves once parking, taxes, registration, and statutory charges are added. L&T Jakkur keeps the budget lens practical: the final decision depends on cash flow, taxes, parking, floor-rise, furnishing allowance, and how much room the buyer leaves for surprises.

What add-ons should I expect over the base Prestige Park Street price?

Plan for GST, registration, stamp duty, parking, club or corpus charges, floor-rise, and maintenance deposit on top of the base price. In Bengaluru, these add-ons typically push the all-in outflow meaningfully above the marketed headline figure.

What is the booking amount at Prestige Park Street?

The booking amount, expression-of-interest value, and refund window are part of the formal booking pack shared by the sales team. Get the exact figures in writing and read the refund terms before transferring any money.

How does Prestige Park Street pricing compare with Devanahalli peers?

Prestige Park Street pricing starts at around Rs. 85 Lakhs for the 1 BHK, with 2 BHK homes from around Rs. 1.31 Crores and 3 BHK homes from around Rs. 1.98 Crores. Compare price per sq. ft. on carpet area, not only super built-up area, to keep the cross-project read honest.

Are there pre-launch offers at Prestige Park Street?

Pre-launch or early-bird offers, if extended, are time-bound and at the developer's discretion. Confirm any offer in writing, including validity dates and the exact units the offer applies to, before you commit.

How do I get the latest Prestige Park Street price sheet?

Submit the contact form and we will share the current unit-wise cost sheet, payment milestones, and any active offers in writing. We also flag updates when the cost sheet revises after RERA registration is filed.

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