Prestige KIADB Current Project Status

Featured Image of Prestige KIADB Current Project Status


Prestige KIADB is currently in the pre-launch and early booking phase. EOI opened in September 2026. The official launch took place on 16 October 2026. Construction on the 9 high-rise towers in Devanahalli is yet to begin. Possession is targeted for 31 December 2031.

Current Status at a Glance


Milestone Status / Date
Pre-launch EOI Opened September 2026
Official launch 16 October 2026
RERA registration Awaited — verify on Karnataka RERA portal
Construction start Post-launch, post-RERA approval
Possession target 31 December 2031
Development cycle 5 years (60 months)

Pre-Launch Phase


Prestige KIADB entered the pre-launch phase in August 2026. Expressions of interest opened in September 2026. This gave early buyers the opportunity to register before the official October 2026 launch at pre-launch rates of Rs 10,750 to Rs 12,750 per sq ft.

The project launched officially on 16 October 2026. At launch, the full price list, floor plan PDFs, and payment plan were released. Buyers can now book across all three BHK configurations.

Construction Details


The project has not yet broken ground. Construction is planned to start after RERA registration is confirmed. The 9 residential towers each have 3 basement levels and rise to G+24 floors. Each tower reaches 76.55 metres. The residential zone occupies 12 acres of the 32.26-acre mixed-use master plan.

The build is structured as a 5-year cycle. Construction will progress tower by tower across the 12-acre residential site. The payment plan is construction-linked. Buyers pay at each milestone as the towers rise.

RERA Registration Status


RERA registration for Prestige KIADB is currently awaited. Under Karnataka RERA rules, the developer must register before starting construction and accepting more than 10% of the property value from any buyer.

Verify the current registration status on the Karnataka RERA portal before signing any agreement. Once registered, the RERA number, approved layout, and possession date will be publicly listed on the portal.

Payment Plan and Milestones


The payment plan is construction-linked. Buyers pay across milestones as the project progresses:

  • Booking: An initial amount at EOI or launch stage
  • Construction milestones: Payments at each defined construction stage (basement, floor slabs, finishing)
  • Possession: Final payment at handover in December 2031

The exact milestone schedule is confirmed in the sale agreement. GST at 5% applies on the under-construction value. Karnataka stamp duty of ~5% and registration of ~1% are payable at registration.

Project Timeline Overview


Prestige KIADB follows a clearly defined timeline:

  • August 2026: Pre-launch phase begins; EOI opens in September 2026
  • 16 October 2026: Official launch with full price list and floor plans
  • Post-launch: RERA filing and approval; construction commencement
  • 2026 – 2031: 5-year construction cycle across 9 towers
  • 31 December 2031: Targeted possession date

The Airport Halt Metro Station (Blue Line) is also under construction nearby. It is targeted for operations around 2027. This will improve connectivity for residents well before possession.

About the Project


Prestige KIADB is a 32.26-acre mixed-use township in KIADB Phase 2, Devanahalli, North Bangalore. The residential zone has 9 towers with ~1,800 homes in 1, 2, and 3 Bed room configurations. Sizes run from 550 sq ft to 1,750+ sq ft. Entry pricing starts at Rs 70 Lakhs for a 1 BHK. A 50,000 sq ft clubhouse and a central park serve the residential community. The STRR (NH 648) is 2.5 km away. Kempegowda International Airport is ~20 km away.

FAQs


1. What is the current development status of Prestige KIADB?

The project is in the post-launch booking phase. The official launch was 16 October 2026. RERA registration is awaited. Construction will begin after RERA is approved.

2. When will construction start at Prestige KIADB?

Construction is planned to begin after RERA registration is confirmed. The 5-year build cycle targets possession on 31 December 2031.

3. Is RERA registration complete for Prestige KIADB?

RERA registration is currently awaited. Verify the current status on the Karnataka RERA portal before making any payment beyond 10% of the property value.

4. What is the possession date for Prestige KIADB?

Possession is targeted for 31 December 2031. This follows a 5-year development cycle from the October 2026 launch.

5. How are payments structured at the current stage?

The payment plan is construction-linked. Buyers pay at each construction milestone. GST at 5%, stamp duty at ~5%, and registration at ~1% apply on top of the unit price.

6. What updates can buyers expect during the build cycle?

Once RERA is registered, the developer files quarterly construction updates on the Karnataka RERA portal. Buyers can track progress by checking the project's RERA registration page directly on the portal.

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