Projects
June 12, 2026

Prestige Gardenia Estate Phase 2 Review: Devanahalli Villa Plots

195 RERA-confirmed villa plots, 3,000 to 6,000 sqft, Devanahalli. Tentative Rs 8,500 per sqft. Review on clubhouse ownership and competing Devanahalli supply.

Prestige Gardenia Estate Phase 1 sold out in 72 hours. That figure, which the developer has communicated publicly, is not a marketing number so much as a market signal: it tells you the demand depth for a Prestige-branded, Karnataka RERA-registered plotted product at the Devanahalli end of the airport corridor. Phase 2 received its own Karnataka RERA registration on 8 June 2026 as PRM/KA/RERA/1250/303/PR/080626/008705, covering 195 plots across 21 acres, in sizes from approximately 3,000 to 6,000 square feet. These are materially larger plots than Phase 1's 1,500-square-foot entry product, which signals a deliberately premium repositioning.

Prestige Gardenia Estate Phase 2 in brief: 195 villa plots across 21 acres in Devanahalli, North Bengaluru, close to the Satellite Town Ring Road and NH 44, approximately 20 minutes from Kempegowda International Airport. Tentative base price of around Rs 8,500 per square foot places a 3,000-square-foot plot near Rs 2.55 crore. Karnataka RERA confirmed as PRM/KA/RERA/1250/303/PR/080626/008705, received 8 June 2026. Possession date for Phase 2 not yet announced. The biggest trade-off: the clubhouse is developer-owned and not a common facility; club membership is optional and charged separately, which changes how buyers should price the amenity into their plot value.

What is Prestige Gardenia Estate Phase 2 and who should be looking at it?

Phase 2 extends a Prestige plotted estate where the first phase cleared in 72 hours, which provides the clearest possible demand evidence. The 195 plots in Phase 2 are sized from roughly 3,000 to 6,000 square feet, larger than Phase 1's formats, targeting buyers who want to build a substantial custom villa in a managed Prestige estate rather than a standard mid-size home. The product suits two buyer types: a family with a budget above Rs 2.5 crore who wants Grade A plotted land in the airport corridor from a tier-one developer with a documented delivery record; and a patient capital investor who wants land in a sub-market with multiple demand drivers already operating, comfortable holding for five years or more before realising appreciation. It fits poorly for buyers needing possession certainty in the near term or any rental income from the asset.

Who is Prestige Group and what does the track record on plots show?

Prestige Group is one of India's listed tier-one developers, Bengaluru-headquartered, with delivered projects across apartments, villas, commercial and retail over three decades. Its plotted track record in North Bengaluru is the relevant reference: earlier Prestige plotted launches in the Devanahalli corridor, including the first phase of this estate, have seen documented appreciation since possession. The developer's ability to execute infrastructure delivery, manage the title chain and handle buyer documentation in a plotted format is demonstrated, which is not a given in a market where many plotted layouts are developed by smaller, less capitalised promoters. Phase 2 buyers are, in effect, paying a premium for that execution credibility over the alternatives at this price point.

Where is Prestige Gardenia Estate Phase 2 and what is the location thesis?

The estate is in Devanahalli, North Bengaluru, close to the Satellite Town Ring Road and NH 44, roughly 20 minutes from Kempegowda International Airport. The location thesis is specific and documented: the KIADB Aerospace and Defence Park, IFCI Financial City and the Shell Technology Centre anchor the employment story within the airport catchment. Harrow International School and Amity University are approximately 10 minutes away; GITAM University is around 23 minutes; Devanahalli Fort and the JW Marriott at Prestige Golfshire are roughly 15 minutes. Devanahalli land values have been re-rating for a decade on this infrastructure pipeline, and STRR access is the newest leg of the thesis. See the Prestige Gardenia Estate Phase 2 project page for the confirmed address and map. For comparison, see also the Prestige Springwood development in Devanahalli and the Lodha Luxe Sadahalli project, both active in the same corridor.

What do the plots offer and what is the estate infrastructure?

Phase 2's 195 plots span roughly 3,000 to 6,000 square feet, each handed over with plug-and-play utilities: power, water and sanitation terminated at the plot, provision for data connectivity, underground dual water lines for domestic and treated water, and sanitary lines connected to a central treatment plant. Internal road landscaping runs to urban gardens and avenue plantation. The estate has a clubhouse, but its ownership structure is the key nuance covered in the trade-offs section below. The larger plot sizes in Phase 2 versus Phase 1 are the most important structural difference: a 3,000-square-foot minimum means this phase targets buyers planning substantial custom constructions, not entry-level self-build households.

What does Phase 2 cost and what are the approval details?

The base price communicated at launch is a tentative Rs 8,500 per square foot. At that rate, a 3,000-square-foot plot totals approximately Rs 2.55 crore and a 6,000-square-foot plot approximately Rs 5.1 crore, before statutory charges, registration, preferred location premiums, club membership and other developer charges. These figures are pre-official-sheet and can move at allotment. The phase carries Karnataka RERA registration PRM/KA/RERA/1250/303/PR/080626/008705, received on 8 June 2026. The first phase of the estate carried an April 2027 possession target; Phase 2's possession date had not been formally communicated as of this review date. Buyers should obtain the RERA filed completion date from the developer's official cost sheet and confirm it in the agreement for sale before booking.

How does Phase 2 compare to nearby Devanahalli plotted alternatives?

ParameterPrestige Gardenia Estate Ph 2, DevanahalliVaishnavi AT-One Life Ph 4, BettanahalliLodha Luxe Sadahalli, North Bengaluru
Price bandAround Rs 8,500 per sqft (tentative)Rs 8,500 per sqft confirmed (May 2026 sheet)Refer to project page for confirmed rate
Plot sizesApprox. 3,000 to 6,000 sqft (195 plots)1,200 to 5,409 sqft (227 plots, wider range)Refer to project page
RERA statusPRM/KA/RERA/1250/303/PR/080626/008705 (8 June 2026)PRM/KA/RERA/1250/303/PR/180326/010109 (confirmed)Verify on rera.karnataka.gov.in
Possession / registrationFormal date not yet announced for Phase 2Near-term after Nov 2026 payment milestonesRefer to project page
DeveloperPrestige Group (listed, tier one, full delivery track)Vaishnavi Group (3 delivered phases on same site)Lodha Group (listed developer, national track record)

What are the honest risks and trade-offs?

Three things deserve direct statement. First, the clubhouse is developer-owned and not a common facility. Membership is optional, open to outsiders, and charged separately with fees set by the club management rather than the community. This is a material difference from an apartment community or a plotted estate where the clubhouse is a common amenity held in the owners association. Buyers who price the clubhouse into the plot value as a common amenity are pricing it incorrectly. Second, the Rs 8,500 per square foot ask is tentative pre-launch guidance. Final pricing at allotment can be higher, and the total cost including statutory charges, registration and preferred location premiums should be compared on the official cost sheet, not the headline number. Third, Devanahalli has a deep pipeline of plotted supply in 2026, including Prestige's own Marigold Phase 2 in the vicinity and multiple RERA-registered launches from other developers, which caps near-term resale premiums even as the long-arc appreciation case stays intact. The product rewards a five-year-plus hold, not a two-year flip.

Is Prestige Gardenia Estate Phase 2 worth booking?

For a buyer who wants Grade A plotted land in the airport corridor from a tier-one developer, with the title documentation, infrastructure delivery track record and brand recognition that Prestige brings, Phase 2 is one of the cleaner options in the 2026 Bengaluru plotted market. The fact that Phase 1 cleared in 72 hours tells a buyer something about demand concentration in the estate, even as it also signals that Phase 2 pricing will not be lenient. The question a buyer should ask is whether the Prestige execution premium at Rs 8,500 tentative is justified against the alternatives in this corridor at this price, and that comparison is worth running with independent advice before booking.

What is the price of a plot at Prestige Gardenia Estate Phase 2?

The tentative base price is around Rs 8,500 per square foot as of June 2026. That places a 3,000-square-foot plot at roughly Rs 2.55 crore and a 6,000-square-foot plot near Rs 5.1 crore, before statutory charges, registration and any preferred location premiums. Final pricing is confirmed at allotment on the official cost sheet, which should be obtained before committing.

Is Prestige Gardenia Estate Phase 2 RERA approved?

Yes. Phase 2 holds Karnataka RERA registration PRM/KA/RERA/1250/303/PR/080626/008705, received on 8 June 2026. Buyers can verify the registration, the sanctioned layout and quarterly disclosures on the rera.karnataka.gov.in portal. Phase 1 of the estate carries a separate, earlier registration for reference on the developer's disclosure standards.

When is possession expected at Phase 2?

A formal possession date for Phase 2 had not been announced as of June 2026. Phase 1 carried an April 2027 possession target; plotted developments generally complete faster than apartment projects. Buyers should confirm the RERA filed completion date on the official cost sheet and agreement for sale before booking, and not rely on verbal communication of timelines.

Does Phase 2 have a clubhouse and is it a common amenity?

The estate has a clubhouse, but it is retained by the developer and is not a common facility owned by the residents association. Club membership is optional, open to non-residents of the estate, and carries separate subscription and usage charges set by the club management. Buyers should factor this into how they value the estate's amenities, since it is structurally different from a community-owned clubhouse included in the plot price.

No.Check to run before booking
1Verify Karnataka RERA number PRM/KA/RERA/1250/303/PR/080626/008705 on rera.karnataka.gov.in and confirm the RERA filed possession date for Phase 2
2Obtain the official Prestige cost sheet at allotment and tally all charges: statutory, registration, preferred location premiums, and maintenance deposits
3Confirm whether the Phase 2 clubhouse will be a common facility or a developer-retained club with optional paid membership, in writing, before signing
4Read the Phase 2 title documents and confirm clear, encumbrance-free title for the 21-acre parcel; check that the Phase 2 boundary is distinct from Phase 1
5Survey the competing plotted supply in Devanahalli in 2026, including Prestige Marigold Phase 2 and other RERA-registered launches, before assuming Phase 2 carries a scarcity premium
6Assess your hold period: the appreciation case is a five-year-plus thesis; if you need liquidity in two to three years, the supply pipeline may limit your resale premium
7Get a site visit done on a weekday to assess current road conditions, infrastructure state and social amenities in the immediate Devanahalli catchment around the estate

This review reflects information available as of June 12, 2026.

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By PropNewz Team

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