Prestige Falcon City Reserve Current Project Status

Published On: 19 August 2026

Prestige Falcon City Reserve Current Project Status is in its pre-launch stage as of August 2026, with an official launch set for September 15, 2026, and full possession scheduled for August 31, 2031. Built by Prestige Group, this high-rise project is Phase 2 of a 41-acre land site in Konanakunte on Kanakapura Main Road, South Bengaluru (560062). The project offers 2,520 flats in 7 tall towers with 30 floors each and 75% open green space. You can pick from 2, 3, and 4 BHK flat choices from 1,204 sq. ft. to 2,726 sq. ft., with prices starting at ₹1.4 Crore.

The site sits across from Konanakunte Cross Metro Station. It is next to Forum South Bengaluru mall. Right now, workers clear land and test soil. The builder waits for final state papers. Buyers fill out early forms to book spots.

Prestige Falcon City Reserve RERA Registration Status and Legal Clearances

The project has applied for its official Karnataka RERA approval. The state government is reviewing the papers now, and the final K-RERA number will be issued on September 15, 2026.

By state law, a builder cannot collect main booking payments, issue price lists, or sign sales contracts until the RERA approval is live on the government portal.

RERA Board: Karnataka Real Estate Regulatory Authority (K-RERA).
Paper Status: Applied and pending final state code.
City Clearance: Plan checks are on with BBMP and BDA.
Eco Clearance: Approvals are pending with state eco boards.
Land Ownership: The builder owns the clean 41-acre plot.

The builder holds a top CRISIL DA1+ builder rank. Once RERA approval comes through, all floor plans, build reports, and bank details will go live on the state K-RERA site.

Key Timeline Milestones: Launch Date and Estimated Possession Schedule

Early booking forms opened in mid-2026. Official public sales open on September 15, 2026, and buyers receive their keys by August 31, 2031. After the launch, construction will take five years to complete.

Project Step	Target Date	What Happens Next
Early Phase	Active (August 2026)	Flat selection and price locks
Main Public Launch	September 15, 2026	RERA code out, price sheets live
Foundation Work	Late 2026 – Late 2027	Digging and pillar base work
Tower Building	Early 2028 – Mid 2030	Casting 30 floors for 7 towers
Inner Work	Mid 2030 – Early 2031	Wiring, pipes, and wall paint
Final Check	July 2031	City checks for key papers
Move-In Date	August 31, 2031	Keys given to new home owners

Buyers pay 10% during official allotment at launch, and the rest follows a simple plan linked to building progress over 60 months.

Master Plan Highlights: Land Area, Towers, and Unit Layouts

The project covers a 41-acre land area. It has 2,520 flats in 7 tall towers. Each tower rises 30 floors high. Green parks cover 75% of the total land.

Home Sizes and Starting Prices

2 BHK Homes: 1,204 sq. ft. to 1,379 sq. ft. price ranging from₹1.40 Crore.
3 BHK Homes: 1,830 sq. ft. to 1,970 sq. ft. price range from ₹2.00 Crore.
4 BHK Homes: 2,450 sq. ft. to 2,726 sq. ft. price ranging from ₹3.00 Crore.

Club and Recreation Facilities

Large Clubhouse: Over 50,000 sq. ft. space with indoor games, pools, gym, and party halls.
Outdoor Spaces: Walking paths, cycling tracks, gardens, and play spots for kids.
Metro Skybridge: A safe covered walking path leading straight into Konanakunte Cross Metro Station.

Location Advantage and Connectivity on Kanakapura Road

Located at Anjanadri Layout in Konanakunte (Pincode 560062), Prestige Falcon City Reserve sits on Kanakapura Main Road (NH 948) right across from the metro station and 1 km from Forum South Bengaluru mall. This road gives quick links to JP Nagar, Jayanagar, Banashankari, and NICE Ring Road.

Distance to Nearby Places

Buses & Metro: Konanakunte Metro is just 0 km, Banashankari Bus Stop (6.2 km), Majestic Station (14 km).
Schools: JSS School (750 m), DPS South (1.7 km), Dayananda Sagar College (3.9 km).
Hospitals: Manipal Hospital is just 1.2 km, Cura Hospital (1.9 km), Fortis Hospital (5.1 km).
Work Hubs: Electronic City (20 mins), Global Village Park (25 mins), Bannerghatta Road (15 mins).

FAQs

1. What is the current project status of Prestige Falcon City Reserve?

Prestige Falcon City Reserve is in its pre-launch stage as of August 2026, taking Expressions of Interest (EOI) before construction starts.

2. What is the RERA registration status of the project?

The project has applied for Karnataka RERA approval, and the official RERA registration number will come out before the main launch on September 15, 2026.

3. What are the launch and possession dates for the project?

The pre-launch phase started in mid-2026, the official launch is on September 15, 2026, and full possession is planned for August 31, 2031.

4. What home sizes and choices are available in Falcon City Reserve?

The project offers 2, 3, and 4 BHK homes sized between 1,204 sq. ft. and 2,726 sq. ft. across 7 high-rise towers with 30 floors each.

5. How close is the nearest metro station to the project?

The project is on Kanakapura Main Road right across from Konanakunte Cross Metro Station on the Green Line, with a direct skybridge planned for residents.