VERIFIEDRESIDENTIALUnder ConstructionRERA · PRM/KA/RERA/1251/446/PR/250623/006120 STRONG BUY
Prestige Tranquil
Devanahalli / Airport Rd, Bengaluru · by Prestige Group
Airport-corridor mid-rise + villa enclave with aerospace SEZ adjacency.
From
₹1.65 Cr
₹/sqft
8,400–10,800
Configs
2BHK · 3BHK · 4BHK Villa
Possession
Jun 2028
Project Layout
Master plan & density profile
Type
Apartments + Villas
Towers
7
Units
540
Floors
14
Density
Low (≈28 u/acre)
Open Space
68%
Design Philosophy · Low-density, open-space-led campus design with car-free pedestrian spines connecting towers, clubhouse, and green belts.
Configuration
Unit mix, sizes, ticket pricing
| Config | Carpet/SBA (sqft) | ₹/sqft | Ticket (₹ Cr) | Stock share |
|---|---|---|---|---|
| 2BHK | 1,150–1,900 | ₹8,400 | 0.97–1.60 | 45% |
| 3BHK | 1,900–2,650 | ₹9,600 | 1.82–2.54 | 35% |
| 4BHK Villa | 2,650–3,400 | ₹10,800 | 2.86–3.67 | 20% |
Features
In-unit specifications
BMS-ready
VRF (villa)
Solar hot water
Rain-water harvesting
Amenities
Community facilities
28k sqft clubhouse
Lap pool
Skating rink
Pet zone
EV bays
Amphitheatre
Population Density
Micromarket demographics
Density (per sq.km)
1,800
Median Age (yrs)
31
Workforce
0.9 L
5Y Growth
+52%
Price Trends
₹/sqft historical movement
2021
₹4,500
Current
₹9,600
CAGR
16.4%
Rental Yield
3.2%
Competition Matrix
Comparable projects in Bengaluru
| Project | Builder | Status | ₹/sqft | Δ vs Prestige Tranquil |
|---|---|---|---|---|
| Brigade Cornerstone | Brigade Group | Ready | ₹8,832 | -8% |
| Sobha Town Park | Sobha Ltd | Under Construction | ₹9,312 | -3% |
| Embassy Edge | Embassy Group | Under Construction | ₹9,984 | +4% |
| Prestige Park Drive | Prestige Group | Pre-Launch | ₹10,656 | +11% |
IRR Modelling
5-year scenario projection
Bear Case
11.4% IRR
Appreciation
+8.6% / yr
Yield
2.6%
5Y multiple
1.40x
Base Case
16.2% IRR
Appreciation
+13.6% / yr
Yield
3.2%
5Y multiple
1.90x
Bull Case
21.0% IRR
Appreciation
+17.6% / yr
Yield
3.8%
5Y multiple
2.60x
Rental Analytics
Monthly rent expectation by config
| Config | Monthly rent (₹) | Deposit |
|---|---|---|
| 2BHK | ₹30,061 – ₹38,259 | 2-3 months |
| 3BHK | ₹51,251 – ₹65,229 | 2-3 months |
| 4BHK Villa | ₹76,666 – ₹97,574 | 2-3 months |
Buyer-Profile Impact
Risk by buyer type
End-user
LOWConstruction-linked risk; insist on milestone-linked payment.
Investor (rental)
MEDIUMYield 3.2% — appreciation-led.
NRI (remote owner)
LOWEngage property manager day-one; rely on RWA strength.
Speculative flip
MEDIUMResale liquidity depends on builder brand strength.
Expected ROI
Forward return projection
2 Years
+20%
Projected capital appreciation
3 Years
+34%
Projected capital appreciation
5 Years
+68%
Projected capital appreciation
ROI bands are PrimusProp buyer-side projections using historical PSF CAGR × micromarket supply/demand index. Not investment advice.
Location Analytics
Connectivity, social infra, employment
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Connectivity
- NH-44 (Airport Rd)0.8 km · 2 min
- STRR4.2 km · 8 min
- KIA Airport6.5 km · 10 min
- Suburban Rail (planned)2.1 km · 5 min
Social Infrastructure
- Canadian Intl School12 km · K-12
- Akash Hospital4 km · Hospital
- Foxhills Mall (U/C)5.5 km · Retail
Employment Hubs
- KIADB Aerospace SEZ7 km · 85k jobs
- ITIR Bagalur12 km · 1.2 L jobs (planned)
Builder Profile
Prestige Group
Founded
1986
Delivered
150 msft
Active Projects
35
On-Time Score
86/100
Open Complaints
28
Brand Discount
0%
Buyer-side Notes
South India's #1 developer; delivery cadence reliable.
Strengths
- • Sub-₹10k psf on appreciating corridor
- • Tier-1 builder
- • KIA + SEZ employment moat
Risks
- • Possession 2028 — long horizon
- • Airport-corridor supply build-up
Legal Intelligence
Title, RERA, BBA
Title
Clear ✓
Encumbrance
CLEAN
RERA
ACTIVE
BBA Score
80/100
PrimusProp Verdict
Buy / Hold / Avoid with negotiation target
STRONG BUY
Tier-1 sponsor, clean legal, strong demand catalysts, undervalued vs comparable.
Fair PSF
₹9,600
Negotiate To
₹9,216
Buyer Representation
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