Prestige Estates’ Ambitious Land Acquisition: Shaping the Future of Real Estate in Bangalore




The real estate landscape in India is witnessing a transformative phase—and at the heart of this revolution is Prestige Estates Projects Ltd, one of Bengaluru’s most respected and dynamic developers. In a major move that underscores its confidence in the country’s housing sector, Prestige Estates recently acquired 102 acres of prime land across four major cities—with an especially strong footprint in Bangalore. The company aims to develop housing projects worth ₹20,400 crore on these acquisitions, signaling a robust pipeline and continued dominance in the high-growth Bangalore market.

This comprehensive blog unpacks what this means for Bangalore’s property market, potential homebuyers, and investors. We’ll explore upcoming Prestige projects, market trends, and FAQs, while focusing on the most relevant keywords: real estate Bangalore, Bangalore upcoming project, Bangalore housing development.



Prestige Estates: Land Acquisition Highlights

Breakdown of the 102 Acres

Prestige Estates’ strategic land grabs in Q1 FY2025–26 span India’s top realty hubs, with Bangalore at the forefront.


CityArea Acquired (acres)Key LocationsPlanned Development
Bangalore2710 acres—Poojanahalli/Devanahalli
7 acres—Kothanuru, KR Puram
10 acres—Ittangur, Sarjapura
Residential
Hyderabad6528 acres—Tellapur
37 acres—Pulimamidi
Residential
Chennai3.48VelacheryResidential
Mumbai6.3-Residential





  • Total Gross Development Value (GDV): ₹20,400 crore

Bangalore alone accounts for 27 acres, reinforcing its position as a critical market for both mid-range and luxury housing.



Why This Matters: Bangalore’s Real Estate Landscape in 2025

1. Surge in Demand for Quality Housing

The city’s fast-growing IT workforce, infrastructure investments, and rising middle-class aspirations are fueling a relentless demand for new homes. Key micro-markets like Sarjapura, Devanahalli, Whitefield, and Kothanuru are experiencing surging buyer interest due to connectivity, employment proximity, and lifestyle amenities.

2. Macro Trends Reshaping Bangalore Housing Development

  • Rise of Suburbs: Peripheral areas—Sarjapur, Devanahalli, Hoskote, Yelahanka—offer affordability, newer developments, and infrastructural growth.

  • :Luxury & High-End Focus

  •  Nearly 86% of new launches in Q1 2025 are in the high-end and luxury segments. Prestige’s acquisitions are aligned with this demand.

  • Technology-Driven Living: Thanks to Bangalore's tech-savvy profile, buyers now expect smart homes, IoT integration, and green certifications.

3. Strategic Market Timing

Q1 2025 saw a 26% year-on-year increase in total sales in Bangalore, even as inventory hit a high, giving buyers an advantage with more options and flexible pricing. Prestige’s planned launches are timed to target this window of elevated demand and choice.



Bangalore Upcoming Projects by Prestige Estates

Prestige Group is rolling out several large-scale residential enclaves and plotted townships across key neighborhoods. Here are some noteworthy projects poised to define Bangalore’s real estate skyline:


Project NameLocationArea/SizeProperty TypePossession TimelinePrice Range
Prestige Southern StarBegur Road, South Bangalore42 acres2, 3, 4 BHK ApartmentsDec 2028From ₹1 crore
Prestige Raintree ParkWhitefield, Varthur Main Road21 acres3–5 BHK UnitsDec 2028₹1.5–4.5 crore
Prestige Primrose HillsKanakapura Road, South Blr15 acres1 & 2 BHK Apartments2025–2026₹70L–1.2Cr
Proj. in DevanahalliPoojanahalli, Devanahalli10 acresYet to be announced--
Proj. in KR PuramKothanuru, KR Puram7 acresYet to be announced--
Proj. in SarjapuraIttangur, Sarjapura10 acresYet to be announced--


*Note: Pricing, size, and launch dates may be updated as RERA approvals and formal launches occur.


Table: Bangalore Housing Development—2025 Snapshot

ParameterQ1 2025 Data (Bangalore)
New launches26% increase YoY; focus on high-end/luxury
Housing units sold15,000
Inventory levels58,700 units; 11 months inventory overhang
Micro-markets in focusEast (Whitefield), South (Begur, Kanakapura), North (Devanahalli), Electronic City
Pricing rangeMid-segment (₹70L+) to ultra-luxury (₹4.5Cr+)
Infrastructure driversNamma Metro, STRR, Peripheral Ring Road



Why Invest in Bangalore Real Estate Now?

  • Affordability in Suburbs: Outlying regions are seeing robust growth and offer better value than saturated core areas.

  • Strong Developer Pipeline: With over 140 projects in Prestige’s nationwide pipeline, buyers can access innovative designs, modern amenities, and credible delivery promises.

  • Employment & Connectivity: These projects' proximity to IT parks, international airports, ORRs, and metro routes makes them attractive for end-users and investors.

  • Luxury Segment Boom: The surge in high-end launches means greater choice and sustained property appreciation potential.



Frequently Asked Questions (FAQs)

Q1. What is the estimated investment value of Prestige Estates’ new land acquisitions?
A: Prestige Estates acquired 102 acres across Bangalore, Hyderabad, Chennai, and Mumbai, with planned residential projects valued at ₹20,400 crore.


Q2. Which areas in Bangalore is Prestige targeting for new projects?
A: The main focus areas include Poojanahalli (Devanahalli), Kothanuru (KR Puram), and Ittangur (Sarjapura). Prestige Southern Star (Begur Road) and Prestige Raintree Park (Whitefield) are major upcoming launches.


Q3. What trends define the Bangalore real estate market in 2025?
A: Key trends are expansion of high-end/luxury housing (86% of new launches), increased inventory (buyer’s market), and growth in peripheral zones backed by tech-driven infrastructure and green living.


Q4. Are these new projects suitable for investment or self-use?
A: Both. With improved connectivity, strong rental demand, and lifestyle upgrades, these projects are ideal for end-users and offer significant capital appreciation.


Q5. What price ranges can buyers expect in these upcoming Bangalore projects?
A: Most upcoming Prestige projects in Bangalore are priced between ₹70 lakhs and ₹4.5 crore, catering to mid and upper-mid buyers. Plot prices start at ₹1 crore, and luxury apartments can go up to ₹4.5 crore.











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