Prestige Raintree Park

This project, on the record

Prestige Raintree Park, on 27.8 acres, comprises 1,520 homes, with 152 studio units, 315 three-bedroom units, and 1,053 four-bedroom units, and has an estimated project cost of ₹1387.8 crore. With 54.6 homes per acre, it ranks at the 22nd percentile of the 1118 Bengaluru East projects tracked here (median 75.7). Its declared completion date is 31 December 2028; no occupancy certificate is on record.

Each context percentile names its exact comparison set, drawn from Quietlist’s full register store. The paid report adds drawing-read rows to this same table — what the filed plans show about the site, its edges and the unit layouts.

Values as crawled from the official K-RERA record; context percentiles name their comparison population.

Registration and delivery

What does the register record for this project?

Prestige Raintree Park is registered with K-RERA as PRM/KA/RERA/1251/446/PR/270824/006981, and the promoter has declared completion for 31 Dec 2028.

Figures are the promoter's own filings as they stood when Quietlist last read the register. A declared completion date is a filing, not a handover commitment.

Source · K-RERA project register · read 10 Sep 2026

Project scale

How big is the project, and what is it declared to cost?

Prestige Raintree Park spans 112,652 sq m (27.84 acres), comprises 18 towers, registers 1,520 units, and is declared to cost ₹1,387.77 cr.

Scale and cost as the promoter registered them. The declared cost is the promoter's own estimate on the filing, not a valuation and not a price to a buyer.

Source · K-RERA project registration · read 10 Sep 2026

Promoter record

What else is this promoter on record for?

Prestige is the promoter of record on 89 projects registered with K-RERA, 52 of which are past their declared completion dates on the register.

Counted across Quietlist's full K-RERA register store, matched on the promoter name as it appears on each filing.

Source · K-RERA register, all projects · read 10 Sep 2026

Construction

How much construction has been reported?

Prestige Raintree Park reports 50% construction progress in its most recent quarterly filing with K-RERA.

The percentage the promoter filed at the last quarterly report. It is a filed figure, not an inspection, and it can lag site conditions between filings.

Source · K-RERA quarterly progress report · read 10 Sep 2026

Sales

How much has been booked?

Prestige Raintree Park reports 1,398 of 1,520 units booked in its most recent quarterly filing with K-RERA, about 92%.

Booked share as the promoter filed it at the last quarterly report; this is the filed position, not current availability.

Source · K-RERA quarterly progress report · read 10 Sep 2026

Site & infrastructure

Prestige has 89 other K-RERA-registered projects in our records — grouped across the several project-specific entities this developer registers under (e.g. this project is filed as “Prestige Estates”) (average reported construction progress 66%). 52 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder.

Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.

Financials & Construction Progress

Latest quarterly filing (2026-Q1): ₹241.16 Cr collected from buyers, ₹243.40 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹243.40 Cr) exceeded buyer collections (₹241.16 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.

• Construction progress moved from 42% to 50% across the filed QPR window.
• In the latest QPR, escrow withdrawal exceeds buyer collections for that quarter. This can be normal if prior balance existed, but it needs a clean explanation.

QPR figures are developer-filed quarterly disclosures. Collections and withdrawals are not a project valuation; they are a sanity check for whether sales, construction progress, and escrow draws appear directionally aligned.

Declared construction cost ÷ registered units averages to ₹91.3 lakhs per unit — the developer's own declared construction/development cost, not a sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.

RERA 70% project account is on file: ICICI Bank M G Road IFSC Code : ICIC0000002 Pin Code : 560001. RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.

Location & Connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

Built by Prestige Estates. View Prestige Estates's full track record →
Prestige Estates has 46 projects registered in Bangalore, 2 completed, 1 past RERA deadline.

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Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.