What Was the Cost of an Apartment in Prestige Falcon City?

Prestige Falcon City Phase 1 was launched at a much lower price than the amount at which completed homes are sold today. During the early sales stage, the quoted base rate was around ₹5,800–₹6,300 per sq. ft., so the total apartment cost depended mainly on the size of the selected home.

These values show the approximate basic apartment price during the early project stage. The final amount varied by floor, apartment position, layout and additional charges selected at the time of booking.

A 2 BHK was the lowest-priced apartment option in Prestige Falcon City during the early sales period. The first 2 BHK layouts were around 1,175 to 1,200 sq. ft., which placed their basic value at roughly ₹68 lakh to ₹76 lakh when calculated using the early ₹5,800–₹6,300 per sq. ft. rate.

The final cost was higher because parking, floor rise and other project charges were added separately. The completed Falcon City later offered several 2 BHK layouts, including homes of around 1,204, 1,218, 1,230, 1,370 and 1,379 sq. ft., so even within the same configuration, prices changed with the size and layout.

A 3 BHK in Prestige Falcon City started from about 1,600 sq. ft. during the early stage of the project. At the initial rate, a 1,600 sq. ft. apartment had a basic cost of about ₹93 lakh to ₹1.01 Cr, before parking and other charges were added.

Prestige Falcon City was designed with several 3 BHK layouts rather than one fixed size. Completed homes include sizes such as 1,501, 1,588, 1,591, 1,603, 1,788, 1,800, 1,842, 1,861, 2,104 and 2,140 sq. ft. This wide range is why two 3 BHK apartments in the same project can have very different purchase and resale prices.

The 4 BHK apartments were among the largest and most expensive homes in Prestige Falcon City Phase 1. Early plans placed these homes at around 2,700 sq. ft. and above, which gave them an approximate starting base value of ₹1.57 Cr to ₹1.70 Cr at the original project rate.

The completed project includes large 4 BHK layouts of about 2,689, 2,710 and 2,726 sq. ft. These apartments carried a higher total cost because the base price, floor-rise amount and other charges were calculated on a much larger area.

The base apartment rate was not the final amount a Phase 1 buyer paid. Early pricing details listed car parking at about ₹3 lakh, premium charges of around ₹150 per sq. ft., and floor-rise charges of about ₹15 per sq. ft. depending on the floor and unit selected.

Registration charges, taxes and other statutory costs were also added separately. Therefore, an apartment with a basic value of ₹70 lakh could have a noticeably higher final cost once all booking and government charges were included.

The booking amount also changed according to the apartment configuration. Early project information listed about ₹3 lakh for a 2 BHK, ₹4 lakh for a 2.5 BHK, ₹5 lakh for a 3 BHK and ₹7.5 lakh for a 4 BHK.

These were initial booking amounts and not the total down payment for the apartment. Buyers later followed the project payment schedule as construction progressed.

Prestige Falcon City prices increased as the project moved from launch to construction, completion and finally the resale market. Later project-stage information showed a wider apartment price band of around ₹88.6 lakh to ₹1.9 Cr, depending on the home size and project stage.

The biggest change came after Falcon City became a completed and occupied community. Buyers were no longer purchasing only from plans. They could evaluate the actual towers, apartments, amenities, retail facilities and surrounding infrastructure, which changed how the market valued the project.

Prestige Falcon City Phase 1 is now mainly a resale market. In 2026, asking prices for completed homes are much higher than the early launch values, with current listings in the wider development ranging from roughly ₹2.3 Cr to above ₹5 Cr depending on the unit.

A smaller 2 BHK cannot be compared directly with a large 4 BHK simply by looking at the total selling price. Tower, floor, apartment area, view, furnishing, interiors and seller expectations all affect the resale value.

The change between the old and current prices shows how the market value of Falcon City homes has moved over more than a decade. The increase is not equal for every apartment because larger homes, higher floors and better-positioned units can command different resale values.

Several factors changed after the early launch period. Prestige Falcon City moved from an under-construction project to a large completed residential community on Kanakapura Road. Buyers also gained access to actual apartments, landscaped spaces, clubhouse facilities and the wider retail component instead of depending only on a proposed master plan.

The surrounding location also improved with operational Green Line Metro connectivity at Konanakunte Cross and stronger residential development along Kanakapura Road. These factors helped improve end-user demand and resale interest, though the exact appreciation differs from one apartment to another.

A buyer looking at Prestige Falcon City Phase 1 today should focus on the current value of the exact apartment rather than only its old launch price. Two homes of the same BHK type can have different values because of size, floor, view, interiors and building position.

Before finalising the price, buyers should check the apartment size, building number, floor, facing, parking, maintenance dues, sale deed, Khata, tax records and any existing loan. Recent resale prices of similar units in the same building are also more useful than comparing the apartment only with its original booking price.

Prestige Falcon City apartments were initially priced at around ₹5,800–₹6,300 per sq. ft. during the early 2014 sales period. A 2 BHK had an approximate basic value of ₹68–₹76 lakh, a 3 BHK started near ₹93 lakh, and a large 4 BHK started around ₹1.57 Cr.

The final purchase amount was higher after parking, premium charges, floor rise, registration and other applicable costs were added. In 2026, the completed Phase 1 homes are mainly available in the resale market, where prices are far above their original launch values.