Prestige Launches Phase 2 of Gardenia Estates in North Bengaluru
Prestige Estates has announced the launch of Phase 2 of its premier plotted development, 'Prestige Gardenia Estates,' located in Devanahalli, which falls within the rapidly growing North Bengaluru corridor.The project is strategically positioned close to key infrastructure and business hubs, including Kempegowda International Airport, NH 44, the Satellite Town Ring Road, major IT parks, schools, hospitals, and retail destinations.
Project Overview and Scope
Prestige Gardenia Estates represents a meticulously planned, infrastructure-ready enclave spread over approximately 21 acres of land. The project is designed to create a sustainable, nature-centric community by balancing contemporary comfort with ample open space.Key details regarding the development are summarized below:
| Detail | Specification |
|---|---|
| Project Name | Prestige Gardenia Estates - Phase 2 |
| Location | Devanahalli, North Bengaluru |
| Total Area | Approximately 21 acres |
| Number of Plots | 195 |
| Total Development Area | Just under 0.5 million sqft |
| Revenue Potential | Almost Rs. 400 Crores |
World-Class Amenities and Reception
The development features a comprehensive range of world-class leisure amenities, available both in Phase 2 and alongside the existing Phase 1 development. These facilities include a state-of-the-art clubhouse, jogging and walking tracks, multipurpose and pickleball courts, an outdoor gym, yoga lawn, reflexology path, and dedicated green areas such as flower and Zen gardens.For children, residents benefit from a specialized play area which includes a tree house, skating rink, and climbing wall. Other amenities include sunken seating pockets and a dedicated pet park.
The launch of Prestige Gardenia Estates has been met with strong demand, reportedly selling out at the time of the announcement, affirming the market interest in well-connected and sustainable living options across North Bengaluru.
The Prestige Group Profile
The Prestige Group is noted as one of India's most respected and diversified real estate developers, possessing a legacy spanning nearly four decades. The group has a portfolio encompassing residential, commercial, retail, hospitality, and integrated township projects throughout major cities. As of March 2026, the Group reported delivering 316 projects covering 212 million sqft, and maintains a pipeline of 135 projects totaling 227 million sqft.PRESTIGE Stock Price Movement
As of 11:12 AM, shares of Prestige Estates Projects Limited are shedding value by 0.90% in live trading, currently hovering around ₹1507.8. The equity trades within an intraday range established between a low of ₹1504 and a high of ₹1528, with 206,587 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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