Prestige Bannerghatta Road Price

Prestige Bannerghatta Road, listed by Prestige as Park Ridge, will bring 1,219 new Prestige homes to Lakshmipura in South Bengaluru, in six towers of 26 to 27 upper floors on 13.55 acres. Its price list will arrive with the launch Prestige plans for FY28, its financial year from April 2027 to March 2028. When the budget line starts driving the decision, Prestige Bidadi keeps the discussion inside the same Bengaluru market, where final cost, payment timing, and exclusions matter more than headline rate.

Prestige Bannerghatta Road Price at Launch

Price list at launch. Prestige has not yet published a price for Prestige Bannerghatta Road; it will come with the launch and the K-RERA registration. The same registration will fix the configurations, carpet areas and the committed completion date, which together decide what any price buys.

What a buyer can plan today is everything around the price: how the launch rate will be quoted, the Karnataka stamp duty, registration fee and GST on top, the other lines on the cost sheet, and where Prestige has priced its own projects in South Bengaluru.

Price itemStatus as at 24 September 2026
Price list and base rateAt launch
Area basis of the price (carpet or super built-up)At launch
BHK mix and carpet areasSet out at launch and in the K-RERA registration
Payment planAt launch
K-RERA registrationAwaited
Possession dateAt registration

How Prestige Bannerghatta Road Launch Pricing Will Work

A new Prestige Bannerghatta Road home will be priced as a base rate applied to an area, with a set of charges added on top. Knowing how each line works lets you compare the launch price list with any other project on equal terms.

The first thing to settle is the area the rate applies to. Carpet area is the usable floor inside the walls and the RERA basis for sale; super built-up area adds wall thickness, balconies and a share of lobbies, corridors, lifts and the clubhouse. The same total can therefore be quoted as a lower rate on super built-up area or a higher rate on carpet area, so always ask for the carpet area of the home and the loading between the two. The area definitions are set out in full on the Prestige Bannerghatta Road floor plans page.

Cost sheet lineWhat it coversWhat to ask
Base priceThe base rate multiplied by the area of the homeWhich area the rate is quoted on, and the carpet area of the home
Floor riseA premium for homes on higher floorsFrom which floor it starts and how it steps up
Preferential location chargesPremiums for particular positions, such as a corner home or a chosen outlookWhich homes carry them, and how much each adds
Car parkingThe parking space or spaces allotted with the homeHow many spaces are included, and whether covered or open
Clubhouse membershipAccess to the clubhouse of basement, ground and two upper floorsWhether it is included in the price or charged separately
GST5% on an under-construction homeWhich lines of the cost sheet it is charged on
Stamp duty and registrationAbout 7.6% of the property value in KarnatakaThe guidance value that applies to the home

Ask, too, how the payment plan is structured: how much is due on booking and agreement, and whether later instalments are tied to stages of construction.

Karnataka Stamp Duty and Registration on a Prestige Bannerghatta Road Home

Every Prestige Bannerghatta Road home registered in Karnataka carries stamp duty, its cess and surcharge, and the registration fee, which together add about 7.6% of the property value. Stamp duty is charged on the higher of the agreement value and the government guidance value, so where the guidance value is higher than the price you agree, it is the guidance value that sets the duty.

ItemRateOn every ₹1 Cr of property value (illustration only)
Stamp duty5% of the value (homes above ₹45 L), charged on the higher of the agreement value and the government guidance value₹5.00 L
Cess on stamp duty10% of the duty (0.5% of value)₹0.50 L
Surcharge on stamp duty2-3% of the duty (0.10-0.15% of value)₹0.10-0.15 L
Stamp duty with cess and surchargeabout 5.6% of valueabout ₹5.6 L
Registration fee2% of value (raised from 1% with effect from 31 August 2025)₹2.00 L
All-in statutoryabout 7.6% of valueabout ₹7.6 L

For every ₹1 Cr of property value, stamp duty with its cess and surcharge comes to about ₹5.6 L and the registration fee to ₹2 L, about ₹7.6 L in all. The ₹1 Cr figure illustrates the arithmetic; it is not a price for Prestige Bannerghatta Road. Note the registration fee: it doubled from 1% to 2% with effect from 31 August 2025, so any older cost estimate that assumes 1% understates the total.

GST and TDS on a Prestige Bannerghatta Road Home

A home bought at launch, before its tower is complete, is an under-construction home, and GST applies to it at 5%, without input tax credit; the lower 1% rate applies only to homes that qualify as affordable housing, which in Bengaluru means a value up to ₹45 L and a carpet area up to 60 sq m. TDS works differently: it is not an extra cost but a deduction the buyer makes from the payment to the developer.

ItemRuleOn every ₹1 Cr of property value (illustration only)
GST5% on an under-construction home, without input tax credit₹5.00 L
TDS (not an extra cost)The buyer deducts 1% of the price where it is ₹50 L or more and pays it to the tax department₹1.00 L withheld from the payment to the developer

For every ₹1 Cr of property value, GST adds ₹5 L on top of the ₹7.6 L of stamp duty and registration. Ask Prestige which lines of the cost sheet carry GST, and keep the TDS paperwork for each instalment, because the amount withheld counts towards the price you owe.

Other Charges on the Prestige Bannerghatta Road Cost Sheet

The true cost of a Prestige Bannerghatta Road home is the total on its cost sheet, not the rate on the price list. Beyond the base price, statutory costs and GST, a cost sheet usually carries a set of one-time and advance charges, and they differ from project to project. For buyers already comfortable with the Prestige Group name, Prestige Chapparakallu Road adds a local portfolio lens without skipping the practical checks around cost and daily use.

Ask for a cost sheet that shows each of these, line by line:

  • Car parking: the number of spaces and whether they are covered or open.
  • Clubhouse membership: included or charged separately.
  • Preferential location charges: floor rise, view and corner premiums, and which homes carry them.
  • Maintenance deposit and advance maintenance: the amount and the number of months paid in advance.
  • Corpus or sinking fund: the amount and how it is held.
  • Electricity and water connection charges.
  • Legal and documentation fees.
  • GST on each line where it applies.
  • Stamp duty and registration, estimated on the guidance value.
  • The payment schedule, with the stage each instalment is tied to.

With every line in writing, compare projects on the all-in total divided by the carpet area of the home, not on the headline rate.

Prestige Prices near Prestige Bannerghatta Road

Prestige's own recent projects in South Bengaluru show where the brand has priced; they are separate projects, and none of their prices applies to Prestige Bannerghatta Road.

ProjectWhereRoad distanceHomesPrice (Prestige's figure)Status
Prestige Southern StarBegur / Akshayanagar, off Bannerghatta Roadabout 9.1 km3 and 4 BHK apartments; 32.5 acres; 2,130 homes₹2.40 Cr onwardsUnder construction; K-RERA registered
Prestige SuncrestJigani Road, near Electronic City-Apartments; 6 acres; 437 homes₹1.89 Cr onwardsSold out

Bannerghatta Road Property Prices Nearby

Asking prices across the localities around Prestige Bannerghatta Road give a buyer a yardstick for the wider market while the project's own price list is awaited.

LocalityAverage asking price in apartment listings, June 2026
Bannerghatta Roadabout ₹12,450 per sq ft
Kalena Agraharaabout ₹11,400 per sq ft
Hulimavuabout ₹11,400 per sq ft
Gottigereabout ₹10,550 per sq ft

These are averages of listed asking prices across whole localities. They describe the market around the site; none of them is a price or a per sq ft rate for Prestige Bannerghatta Road, which Prestige will set in its own price list at launch.

Home Loans for Prestige Bannerghatta Road

A home loan for Prestige Bannerghatta Road will follow the K-RERA registration, since homes can be booked or sold only after it is issued. Lenders approve projects one by one, and the banks that have approved Prestige Bannerghatta Road will be known at launch.

You can prepare before then. Check your eligibility with your bank, so the loan amount you can raise is clear when the price list arrives. At launch, ask which lenders have approved the project, how the bank will release money against the payment plan, and whether you will pay interest only on the amounts released while the towers are built. Ask your lender, too, which lines of the cost sheet it will finance, and plan to fund the rest yourself.

Get the Prestige Bannerghatta Road Price List

Be among the first to see the Prestige Bannerghatta Road price list, floor plans and payment plan when Prestige releases them at launch. Register through the enquiry form with your name, phone, email and a message, and you will receive launch news as soon as it is confirmed.

Do not pay a booking amount, an EOI cheque or a token before the K-RERA registration is issued.

Prestige Bannerghatta Road Price FAQs

What is the price of Prestige Bannerghatta Road?

Prestige has not yet published a price for Prestige Bannerghatta Road; the price list will come with the launch and the K-RERA registration. When it does, budget for statutory costs on top: in Karnataka, stamp duty with its cess and surcharge plus the 2% registration fee add about 7.6% of the property value, and GST is 5% on an under-construction home. Ask for the full cost sheet, including parking, clubhouse and maintenance charges, before you compare projects.

Is the starting price quoted on listing sites correct?

Figures from ₹85 L, and lists of 1, 2 and 3 BHK homes, circulate on listing sites. They are unconfirmed and do not come from Prestige, which has not published a price or a unit mix. The price list will come with the launch and the K-RERA registration, and until then no starting price can be relied on.

What will a Prestige Bannerghatta Road home cost all in?

Prestige has not yet published a price, so an all-in figure can be worked out only once the price list comes with the launch. On top of the price, Karnataka stamp duty with its cess and surcharge plus the 2% registration fee add about 7.6% of the property value, and GST is 5% on an under-construction home. For every ₹1 Cr of property value, that is about ₹7.6 L in statutory costs and ₹5 L in GST, before parking, clubhouse, maintenance, connection and legal charges from the cost sheet. TDS of 1% on a price of ₹50 L or more is not an extra cost: you withhold it from the payment to the developer and pay it to the tax department.

What should I do before Prestige Bannerghatta Road launches?

Register your interest on the contact page with your name, phone, email and a message, and you will receive launch news, the price list and the floor plans when Prestige releases them. Do not pay a booking amount, an EOI cheque or a token before the K-RERA registration is issued. Meanwhile, budget for statutory costs of about 7.6% of the property value plus 5% GST, and check your home loan eligibility so you are ready when the price list arrives.

Is Prestige Bannerghatta Road registered with K-RERA, and can I book now?

Not yet. As at 24 September 2026, Prestige Bannerghatta Road has no K-RERA registration, so there is no RERA number to quote and homes cannot lawfully be booked or sold. Do not pay a booking amount, an EOI cheque or a token before the registration is issued. A registration number quoted online for a similarly named Park's Ridge at Hulimangala belongs to a different promoter's project. Check the registration yourself at rera.karnataka.gov.in before you pay anything.

Be first to see the Prestige Bannerghatta Road price list

Prestige Bannerghatta Road will be priced at launch, and buyers who plan the full cost now will be ready to compare the day the price list lands.

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