Prestige Falcon City Phase 2

Featured Image of Prestige Falcon City Phase 2


Prestige Falcon City Phase 2 is the new Prestige Falcon City Reserve project at Konanakunte on Kanakapura Road, South Bangalore. The new phase, earlier called Prestige Falcon City Luxe, is planned across 41 acres with 7 high-rise towers and about 2,520 apartments. It offers 2, 3 and 4 BHK homes from 1,240 to 2,726 sq. ft., with indicative prices starting from about ₹1.4 Cr. The Phase 2 launch is planned for September 2026.

Prestige Falcon City Phase 2 is still in the pre-launch stage as of August 2026. Its separate Karnataka RERA approval is expected in September 2026, and possession is proposed for August 2031. The project is at Survey No. 67, Konanakunte Village, Uttarahalli Hobli. Konanakunte Cross Metro Station is about 500 metres away, NICE Road is around 2 km away, and Electronic City is about 19 km from the project belt.

Prestige Falcon City Phase 2 Project Details


Project Detail Phase 2 Information
Current Name Prestige Falcon City Reserve
Earlier Name Prestige Falcon City Luxe
Builder Prestige Group
Location Konanakunte, Kanakapura Road
Project Area 41 acres
Towers 7 high-rise towers
Tower Structure 2B + G + 30 floors
Total Apartments About 2,520
Configurations 2, 3 and 4 BHK
Size Range 1,240–2,726 sq. ft.
Starting Price About ₹1.4 Cr
Current Status Pre-launch
RERA Phase 2 approval pending
Expected Launch September 2026
Proposed Possession August 2031
Nearest Metro Konanakunte Cross – about 500 m

The figures above are based on current Phase 2 pre-launch information. Final legal details should be checked after the new RERA registration is issued.

What Is Prestige Falcon City Phase 2?


Prestige Falcon City Phase 2 is the upcoming new residential phase in the Falcon City belt at Konanakunte. The project has now been renamed Prestige Falcon City Reserve. Buyers may still find the terms “Prestige Falcon City Phase 2” and “Prestige Falcon City Luxe” on older pages because both names were used before the latest name update.

The key point is that Phase 2 is a new launch. It should not be confused with the older Prestige Falcon City, which is already completed and has its own Karnataka RERA registration. The older project carries RERA number PRM/KA/RERA/1251/310/PR/170913/000114.

Prestige Falcon City Phase 2 New Name


Prestige Falcon City Phase 2 is now called Prestige Falcon City Reserve.

The project was earlier marketed as Prestige Falcon City Luxe. The name change is important for buyers because older project pages, brochures and search results may still use “Luxe.”

After Phase 2 gets RERA approval, buyers should check that the final project name on the Karnataka RERA record matches the new sales documents. The new Reserve phase should also receive its own RERA number.

Prestige Falcon City Phase 2 Apartment Sizes


Phase 2 is planned with 2, 3 and 4 BHK apartments. The current unit sizes and indicative prices are:

Apartment Type Size Range Starting Price
2 BHK 1,240–1,379 sq. ft. ₹1.4 Cr
3 BHK 1,830–1,970 sq. ft. ₹2 Cr
4 BHK 2,450–2,726 sq. ft. ₹3 Cr

The 2 BHK has the lowest entry price and suits small families. The 3 BHK gives more space for families and work-from-home needs. The 4 BHK is aimed at buyers who need larger living and bedroom areas.

These are current pre-launch figures. Buyers should compare the saleable area with the RERA carpet area once the approved floor plans are released.

Prestige Falcon City Phase 2 Price


Prestige Falcon City Phase 2 price currently starts from about ₹1.4 Cr for a 2 BHK. The 3 BHK starts near ₹2 Cr, while a 4 BHK starts near ₹3 Cr. Current pre-launch information places the working rate at around ₹14,000 per sq. ft.

The final apartment cost will depend on the size, tower, floor and view. Registration, GST where applicable, maintenance deposits and other project charges can increase the total amount. The official launch cost sheet should therefore be checked before comparing Phase 2 with ready homes in the older Falcon City.

Prestige Falcon City Phase 2 RERA Status


Prestige Falcon City Phase 2 is not RERA approved yet as of August 2026. The new phase is expected to get its separate Karnataka RERA approval around September 2026.

The older Falcon City RERA number must not be used for Phase 2. That registration belongs to the completed earlier development.

Once Reserve gets its RERA approval, buyers should verify:

  • Registered project name
  • Total land area
  • Number of towers
  • Apartment carpet areas
  • Approved master plan
  • Registered possession date
  • Promoter details
  • Project validity

These details should match the booking form and sale agreement.

Prestige Falcon City Phase 2 Location


Prestige Falcon City Phase 2 is at Survey No. 67, Konanakunte Village, Uttarahalli Hobli, Bengaluru. It has direct access to the Kanakapura Road–Konanakunte residential belt.

The main travel points are:

  • Konanakunte Cross Metro: about 500 m
  • NICE Road: about 2 km
  • Brigade Software Park: about 5 km
  • Electronic City: about 19 km
  • Bagmane Tech Park: about 20 km

Forum South Bengaluru is also part of the wider Falcon City setting. The location therefore combines metro, road and retail access within an already developed South Bangalore neighbourhood.

Metro Access from Prestige Falcon City Phase 2


Konanakunte Cross Metro Station on the Green Line is about 500 metres from the Falcon City belt. This is an operational metro link, not a future proposal.

Residents can use the Green Line for travel towards Jayanagar, South End Circle, Majestic and other connected parts of Bengaluru. The short distance to an operational station is one of the main differences between this project and many new launches on the city outskirts.

Prestige Falcon City Phase 1 vs Phase 2


The main difference is the project stage.Prestige Falcon City Phase 1 is the older, completed development at Konanakunte. It already has occupied homes and its own RERA registration. Prestige Falcon City Phase 2, now called Prestige Falcon City Reserve, is the upcoming 2026 launch and needs a separate RERA record.

Buyers searching for Phase 2 should therefore avoid using old Falcon City construction photos, RERA details or resale prices as if they belong to Reserve.

Prestige Falcon City Phase 2 Launch Date


Prestige Falcon City Phase 2 is planned for launch in September 2026. The project is currently at the pre-launch stage, while the new RERA approval is also expected around the launch period.

Prestige Group has an active FY 2026–27 project pipeline, and Falcon City Reserve is the current name being used for this upcoming phase. The final launch date, booking schedule and RERA number should be checked once the registration is issued.

Is Prestige Falcon City Phase 2 Worth Considering?


Prestige Falcon City Phase 2 can suit buyers looking for a new 2, 3 or 4 BHK apartment in an established South Bangalore location. Its strongest points are the 500-metre metro access, Kanakapura Road address, 41-acre plan and existing Falcon City ecosystem.

The main point to wait for is Phase 2 RERA approval. Before booking, buyers should compare the final price, carpet area, tower position and possession date with the approved RERA record.

For anyone searching for Prestige Falcon City Phase 2 in 2026, Prestige Falcon City Reserve is the project to follow.

FAQs


1. What is Prestige Falcon City Phase 2 called now?

Prestige Falcon City Phase 2 is now called Prestige Falcon City Reserve. It was earlier referred to as Prestige Falcon City Luxe.

2. What is the starting price of Prestige Falcon City Phase 2?

The current indicative price starts from about ₹1.4 Cr for a 2 BHK.

3. What apartments are available in Phase 2?

The current plan has 2, 3 and 4 BHK apartments from 1,240 to 2,726 sq. ft.

4. Is Prestige Falcon City Phase 2 RERA approved?

No. The new Phase 2 RERA approval is still pending as of August 2026.

5. When will Prestige Falcon City Phase 2 launch?

The current working launch period is September 2026.

6. Which metro station is near Prestige Falcon City Phase 2?

Konanakunte Cross Metro Station on the Green Line is about 500 metres away.

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