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PropertyLensBengaluru · invest
Financial & legal due diligence · public record · 18 Oct 2026

Prestige Parklane

Prestige · Devanahalli / Airport Road / Bagalur · PLOT NO. 24 IN THE HITECH, , DEFENSE & AEROSPACE PARK PHASE - 2, BENGALURU.

Promoter entityAPEX REALTY MANAGEMENT PRIVATE LIMITED
Entity type · PANCompany · AARCA7125N
Developer brandPrestige · #2 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/309/PR/150926/008941
Planning authorityKIADB - Karnataka Industrial Areas Development Board
Sanctioned planDO3-KIADB-00128/26-27/BP · 2026-08-13
Escrow bankICICI Bank, Bangalore RMZ Infinity Branch
Land11.22 acres · 1 land owner on record
Court cases declared0
Complaints at K-RERA0 on this project · 0 on the promoter
Record fetchedSep 2026
0 red flags1 to watch6 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/309/PR/150926/008941. Prices and rents are locality estimates, not verified listings. This report records what the Karnataka RERA file, the promoter’s quarterly filings, the complaint register, public credit ratings and company filings say. It states facts and flags them; it does not judge the investment. Prices, returns and the investment score live in the separate full report.

Financial & legal due diligence

What the public record says

Automated from the Karnataka RERA file PRM/KA/RERA/1251/309/PR/150926/008941. Prices and rents are locality estimates, not verified listings. Compiled Sep 2026 from the Karnataka RERA file, company registers, rating agencies, tribunal records and press. Facts only; anything that deserves a written answer before signing is flagged.

0 red1 watch6 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength8.3/10
ICRA A+/Stable (Prestige Estates Projects Ltd)

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/309/PR/150926/008941 · APEX REALTY MANAGEMENT PRIVATE LIMITED
On original date
TodaySep 2026RegisteredOct 2026Original completionDec 2030
No litigation declaredNo complaintsEscrow: ICICI BankJoint-development land
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A+ / Stable · Prestige Estates Projects Ltd · Sep 2025
Complaints & disputes on record
On this project00 open
On the promoter entity0all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2030-12-31

No complaints on this project

No RERA complaints on this project; 0 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹1067 cr — where it goes
Land ₹0 cr · 0%Approvals ₹30.4 cr · 3%Construction & on-site ₹982.9 cr · 92%Other / taxes ₹53.2 cr · 5%
No litigation declaredBorrowing declared: NoEscrow at ICICI Bank1 recorded land-owner share

Red flags to resolve in writing

1
Legal

Joint-development land: confirm which units fall in the owners’ share.

Questions to put to the developer before you sign

  1. Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
  2. Confirm the price list, floor-rise and other charges for the exact unit.
  3. Which date is contractual — 2030-12-31 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. What is the land owners’ share of built area and is the unit in the developer’s share?
Full record: every filed number, line by line1 sections · 11 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/309/PR/150926/008941 · promoter APEX REALTY MANAGEMENT PRIVATE LIMITED (Company) · U45200KA2018PTC119740
Dates
Start 2026-10-01 · original completion 2030-12-31 · no extensions
Registered cost
Total ₹1067 cr · land ₹0.00 cr · construction ₹983 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
ICICI Bank, Bangalore RMZ Infinity Branch (70% construction account)
Plan sanction
DO3-KIADB-00128/26-27/BP dated 2026-08-13 · KIADB - Karnataka Industrial Areas Development Board
Land & towers
11.22 acres (45,401 sq m) · Tower-1 148 homes, 24 floors; Tower-2 148 homes, 24 floors; Tower-3 148 homes, 24 floors; Tower-4 148 homes, 24 floors; Tower-5 247 homes, 24 floors; Tower-6 267 homes, 24 floors; Tower-7 245 homes, 24 floors; Tower-8 269 homes, 24 floors; Tower-9 168 homes, 24 floors
Land owners / co-promoters
No. of Basement (3%, Sy Total No. of Parking)
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 0 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/309/PR/150926/008941, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/309/PR/150926/008941 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/309/PR/150926/008941 (registration file, quarterly updates, complaint register), fetched Sep 2026.

Caveats. Automated analysis: prices, rents and travel times are estimates until listings and Maps data are verified. RERA figures are the promoter’s own filings. Nothing here is legal, tax or investment advice.

PropertyLens · property-lens.ai · Facts are transcribed from public records as filed by the promoter and the regulator; figures on RERA certificates are promoter numbers certified on unaudited books. Absence of a court case or insolvency filing in these sources is not proof that none exists. Verify title, approvals and encumbrances with a lawyer before you sign. Nothing here is legal, tax or investment advice.
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