Is Prestige Park Drive Ph 2 a luxury or affordable project?
Prestige Park Drive Ph 2 by Prestige Group is a Ready to Move residential project offering Plot from ₹0.86 Cr, Plot, Plot starting from ₹86.2 L. Spread across 14.99 acres in Devanahalli, Bengaluru, it delivers strong value with Children's Play Area, Amphitheater, Security Cabin, Cricket Pitch, Tennis Court, and more.
How much does a flat cost in Prestige Park Drive Ph 2, Devanahalli?
In Prestige Park Drive Ph 2, Devanahalli, prices start at ₹86.2 L and go up to ₹1.7 Cr depending on the configuration and floor. Available options include Plot from ₹0.86 Cr, Plot, Plot. The average price per sq.ft is ₹10.0K/sq.ft.
Is Prestige Park Drive Ph 2 RERA registered?
Yes, Prestige Park Drive Ph 2 by Prestige Group is RERA registered under number PRM/KA/RERA/1250/303/PR/210525/004161. All project details, timelines, and financial disclosures are available on the state RERA portal, ensuring full transparency for buyers.
How long will it take to get possession at Prestige Park Drive Ph 2?
The possession timeline for Prestige Park Drive Ph 2 is governed by the RERA registration (number: PRM/KA/RERA/1250/303/PR/210525/004161). Currently Ready to Move, the project's milestones can be tracked on the official RERA portal for Bengaluru.
Why should I choose Prestige Park Drive Ph 2 over other options in Bengaluru?
Prestige Park Drive Ph 2 by Prestige Group offers Plot from ₹0.86 Cr, Plot, Plot from ₹86.2 L – ₹1.7 Cr at ₹10.0K/sq.ft, with 28.68% appreciation. Located in Devanahalli on 14.99 acres with multiple towers and Children's Play Area, Amphitheater, Security Cabin, Cricket Pitch, Tennis Court, and more — all RERA compliant (PRM/KA/RERA/1250/303/PR/210525/004161).
Comments
So, to summarize, the project is completed, has good amenities, but the listed price might be on the higher side. And we need to verify the exact number of plots and the status from RERA, not just marketing videos. It seems like a decent long-term investment, but maybe not the best value for money for first-time buyers on a tight budget. What happened with the 468 plots vs 253 units discrepancy? Did they reduce the number of plots or what?
Honestly, Prestige is a big name, so quality usually isn't an issue. But their pricing strategy can be aggressive. For a first-time buyer like me, that budget is a bit steep. I've seen some good plots in Akshayanagar for much less, albeit not with the same connectivity to the airport.
I agree with U8. The brand value is there, but the market is also a bit soft right now for premium plots. You might find better deals if you look for distress sales or negotiate hard. Don't rush into it just because it's Prestige. Check the actual price per sq ft and compare it to other RERA-approved projects in the IVC Road corridor.
You're right about Prestige's name, it adds a certain trust factor. But for plots, sometimes smaller local builders offer better per square foot rates if you're willing to compromise on the 'brand'. It's a trade-off between brand premium and pure land value.
My friend bought a plot in Phase 1 a few years back. He says the appreciation has been decent, especially with the airport expansion talks. But the area is still developing, so don't expect immediate high returns. It's more of a long-term play. The amenities are good though, kids love the pool.
That's good to hear about the amenities. My main concern is the resale value. If it's a long-term hold, is the demand strong enough for plots of this size and price point? I'm worried about liquidity if I need to sell in 5-7 years.
Long-term play is what I'm looking for. But the price range U3 mentioned, ₹86 L to ₹1.7 Cr, seems quite high for a plot in a still-developing area. Are there better options in nearby localities like Agrahara Layout or Adigara Kallahalli for that budget?
Bhai, Prestige Park Drive Ph 2 is actually completed, not 'under development' for some plots. Possession date was May 2022. The RERA number is PRM/KA/RERA/1250/303/PR/210525/004161. Total units listed are 253, not 468. Just putting out the facts.
Exactly! The video might be outdated or just for marketing. It's crucial to check the RERA site directly. I almost got swayed by a similar video for a plot in Aavalahalli, good thing I double-checked the RERA details there too.
Thanks for clarifying the status. That's a big difference, completion versus ongoing work. What about the price? Is ₹86 L – ₹1.7 Cr reasonable for a completed plot near IVC Road, considering current market rates in North Bangalore?
Hey everyone, I'm checking out plots in North Bangalore and came across a video on Prestige Park Drive Ph 2. It mentioned the IVC Road location and good connectivity to the airport, which sounds promising for future value. They're talking about 468 plots with amenities like a pool and sports areas. Some plots are ready, others still under development. What's the real deal with this project? Any honest opinions or experiences with Ph 2 plots?