Prestige KIADB Possession Date

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Prestige KIADB is a 32.26-acre mixed-use township in Devanahalli, North Bangalore. It is developed by Prestige Estates Projects Ltd. The project has 9 high-rise towers with about 1,800 apartments in 1, 2 and 3 BHK configurations. The possession date is 31 December 2031. This is a 5-year development from the October 2026 launch. RERA registration is in progress.

Possession Date


The possession date for Prestige KIADB is 31 December 2031. The project launched on 16 October 2026. The development cycle is 5 years. Buyers who book now can expect handover in December 2031.

The formal possession date will be confirmed in the RERA filing. RERA registration is in progress. Once the RERA number is issued, the completion date becomes a registered commitment. Delays beyond the RERA date entitle buyers to interest on all payments made.

What Happens at Possession


Possession at Prestige KIADB follows a standard process. Here is the sequence.

1. Developer obtains the Occupancy Certificate (OC) from the local authority.

2. Buyer makes the final payment as per the payment schedule.

3. Developer sends a possession notice to the buyer.

4. Buyer inspects the apartment and raises any snag list items.

5. Buyer registers the sale deed with the sub-registrar.

6. Keys are handed over after registration and final dues are cleared.

The Occupancy Certificate (OC) serves as official confirmation that the property is structurally sound and ready for residency. Buyers should refrain from taking possession until this certificate has been granted.

About the Project


Prestige KIADB is in Devanahalli, North Bangalore. The site is 32.26 acres. There are 9 towers of 3 basements + G + 24 floors. The towers reach 76.55 metres. There are about 1,800 apartments. About 12 acres is the residential zone. The rest is the enterprise business park. A central boulevard divides the two zones.

Configuration Size Starting Price
1 BHK 550+ sq ft ₹70 Lakh* onwards
2 BHK 825 – 1,090 sq ft ₹1.00 Cr* onwards
3 BHK 1,440 – 1,750 sq ft ₹1.55 Cr* onwards

*Indicative pre-launch pricing at ₹10,750–₹12,750 per sq ft. GST at 5%, stamp duty at 5% and registration at 1% are extra. Confirm the current cost sheet with the developer.

Payment Leading to Possession


Prestige KIADB follows a construction-linked payment plan. Buyers pay in stages as the 9 towers rise from foundation to finishing. The final payment is due at the time of possession in December 2031. Confirm the exact milestone schedule with the developer's sales team.

RERA registration is in progress. Do not pay more than the EOI amount before RERA is confirmed and a sale agreement is signed.

Location


Prestige KIADB is in Devanahalli, North Bangalore.

  • Satellite Town Ring Road (NH 648): 2.5 km.
  • BIAL Airport School: 6.7 km.
  • KIADB Aerospace SEZ: 11.4 km.
  • Bengaluru Signature Business Park: 12.6 km.
  • Kempegowda International Airport: ~20 km (~30 mins).
  • Airport Halt Metro Station (Blue Line): 19.2 km (planned ~2027).
  • Devanahalli Fort: 12.9 km.
  • Nandi Hills: 29.8 km.

FAQs


1. What is the possession date of Prestige KIADB?

Possession is targeted for 31 December 2031. This is 5 years from the October 2026 launch. The formal date will be confirmed in the RERA filing.

2. What is an Occupancy Certificate and why does it matter?

The OC is issued by the local authority. It confirms the building is safe and legal to occupy. Do not accept possession without a valid OC.

3. Is RERA registration complete for Prestige KIADB?

RERA registration is in progress and awaiting approval. Once registered, the December 2031 date becomes a legally binding commitment. Verify the status on rera.karnataka.gov.in.

4. What happens if possession is delayed?

Under RERA, a delay beyond the registered date entitles buyers to interest on all payments made. The rate is SBI MCLR plus 2% per annum. Buyers can also claim a full refund with interest.

5. What is the final payment at possession?

The final instalment is due at the time of possession. The exact amount depends on the payment plan agreed at booking. Confirm the milestone schedule with the developer.

6. How far is Prestige KIADB from the airport?

A quick 30-minute drive along NH 44 connects you to Kempegowda International Airport, located just 20 km from her

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