Township Projects – The Future of Urban Living

A township project is a large-scale real estate development spread over vast acres of land. It combines residential and commercial complexes in one place, creating a self-sustained community. These projects offer modern housing with world-class infrastructure, ensuring that everything residents need is just minutes away from home.

With the surging demand for real estate in Bangalore, township living has emerged as a preferred choice for homebuyers. A township blends various housing options—apartments, villas, and plots—with essential facilities such as:

• Roads and internal transport
• Schools and healthcare centers
• Convenience shopping and retail spaces
• Water treatment plants, drainage, and sewage systems
• Green parks and recreational zones

These integrated developments also include retail, entertainment, and leisure options within a secure gated community, offering residents unmatched convenience, connectivity, and quality of life.

Prestige Raintree Park is a township in Whitefield, Bangalore, by the Prestige Group. It Features

• Premium Apartments – Spacious, well-designed homes with modern amenities.
• IT Parks – Corporate spaces creating abundant employment opportunities.
• Shopping Malls – Retail, dining, and entertainment hubs for a vibrant lifestyle.

Key Highlights of Prestige Evergreen in Raintree Park Township:

Apartments :

• Spacious Vaastu-compliant apartments with modern amenities
• Excellent ventilation and abundant natural light
• Privacy-focused design – no two doors facing each other
• Elegant high-rise towers with premium finishes
• 80% open green spaces
• Less than 20% construction area for a serene living environment

Commercials :

• Integrated IT Park offering multiple job opportunities
• Large shopping mall with retail, dining, and entertainment options

Phased Development of 125 Acres Township:

• The total residential area is over 82 acres
• Phase 2 is developed over 28 acres.
• Completion of both phases before December 2030

Prestige Evergreen apartments in Bangalore are the best as they are part of a township. Whitefield has three Prestige Group townships, along with several by other builders. Once completed, this will be the best place to buy a home in Bangalore. Prestige Group communities are always preferred. Buyers choose these neighbourhoods for a better lifestyle.

Meaning Behind the Name "Prestige Evergreen"

The word "evergreen" brings to mind a place filled with greenery all year round. Prestige Evergreen aims to build a peaceful community surrounded by wide green spaces, tree-lined streets, blooming orchards, and thoughtfully planned parks. This green retreat offers clean air and a refreshing environment every season, living up to its name.

Price is Key factor that infuclues in Real Estate

Prestige pre-launch projects attract a lot of interest because of their competitive prices and the builder’s solid track record for quality and on-time delivery. Buying early lets you secure a premium home at a lower price, which can be a smart move in today’s busy market.

Prestige Evergreen pre-launch price is 16000 per square foot.

World Class amenties at Prestige Evergreen

• Two-Storey Clubhouse with 24/7 café, crèche, co-working rooms with Wi-Fi, and a spacious lounge
• Fully Equipped Gym with yoga and aerobics studios
• Temperature-Controlled Swimming Pool and a Kids’ Pool with a floating deck
• Landscaped Gardens, Parks, and Open Spaces for a refreshing environment
• Vehicle-Free Zones with jogging tracks, cycling paths, and walking trails
• Indoor Gaming Arena with table tennis, snooker, and billiards
• Library for book lovers
• Indoor Squash Courts
• Multi-purpose Party Hall for celebrations
• Outdoor BBQ & Celebration Areas
• Spa & Sauna for relaxation
• Dedicated Kids’ Play Zone and Pet Parks
• Advanced Security with 24/7 CCTV surveillance and hi-tech systems
• Rainwater Harvesting for sustainable living

Why Choose Prestige Evergreen?

A Proven Legacy: Phase 2 of a Successful Township

Prestige Evergreen is built on the massive success of Prestige Raintree Park (Phase 1), demonstrating that the Prestige Group builds good, high-quality homes. When you choose Prestige Group, you pick a name you can trust in the Bangalore Real Estate market. They are known for delivering excellent and timely projects. Prestige Group has won top awards, like the Crisil DA1+ best builder award in 2025. Mr Irfan Razack has won the ET Business Lifetime Achievement award in 2025. If you're looking for a new project in Whitefield by Prestige Group, this is it.

The project's name, Prestige Evergreen, directly conveys its theme. The evergreen meaning here refers to vitality, freshness, and enduring beauty. This concept is brought to life as the project is specifically themed after a tropical evergreen forest, offering residents a serene environment with abundant greenery and a refreshing natural ambiance right within the city.

Prestige Group is one of India’s top builders, started in 1986. Known for quality and trust, they are the only builder in India with a CRISIL DA1+ rating. They have finished over 300 projects in homes, offices, malls, and hotels. Their focus on new ideas and customer care has won them many awards. Choosing a new Prestige project in Bangalore means investing with a trusted and experienced builder.

Prestige Group – A Trusted Name in Real Estate

• Known for good quality, new ideas, and on-time work.
• Winner of many awards in India and abroad.
• Strong presence in Bangalore and other big cities.
• Trusted by thousands of families and investors for safe, modern homes.

Prestige Group has many new launch projects in Bangalore. These will be open for sale only after RERA approval. Whitefield is seeing several new launches. Prestige Evergreen's new launch is one of the biggest in 2025. This integrated township is among the top luxury apartments for sale in Bangalore.

Prestige projects maintenance cost typically ranges from ₹6 to ₹8 per sq. ft., ensuring well-managed facilities and high living standards across their communities.

Prestige Group is also known for some of Bangalore’s largest developments, with Prestige Lakeside Habitat being the biggest township, spanning 102 acres and offering a mix of apartments and villas.

The price of Prestige apartments in Bangalore generally falls between ₹1 Crore to ₹6 Crore, catering to both premium and luxury buyers.

Prestige Evergreen Investment in apartments in East Bangalore offers long-term returns and a modern lifestyle, making it a highly rewarding choice.

Prestige Group Upcoming Projects in Bangalore 2025

Prestige Oakville

A premium residential project in Whitefield.

Prestige Falcon City Luxe

An upgrade to the iconic Falcon City a Luxury apartments in Kankapura Road.

Prestige Sunset Park

A modern plot with luxury living in North Bangalore.

Prestige Group Ongoing Projects in Bangalore

Prestige Southern Star

Large luxury township project in South Bangalore.

Prestige Raintree Park

Mega residential project in Whitefield.

Prestige Suncrest

Modern residential apartments in Electronic City.

Prestige Group Completed Projects in Bangalore

Prestige Lakeside Habitat

Large township with apartments and villas in Whitefield, spread across 102 acres with Disney-themed amenities.

Prestige Waterford

Premium residential apartment project in ECC Road, Whitefield.

Prestige Fairfield

High-rise luxury apartments located in Dollars Colony, North Bangalore.

Varthur is a well-known suburb on the eastern edge of Bangalore and is part of the Whitefield area. It is managed by Varthur Hobli and the Bruhat Bengaluru Mahanagara Palike (BBMP).

In 2008, Varthur’s legislative boundaries were reorganized and split into three assembly constituencies:

• C.V. Raman Nagar
• Mahadevapura
• Krishnarajapura

Varthur has a mix of homes, businesses, and IT centers. It is close to major tech parks, schools, and has good transport links.

History of Varthur

Varthur is one of the oldest areas in East Bangalore, with a history that goes back to the Chola dynasty. Its name comes from the Sanskrit words Vata Tirtha, which mean 'sacred banyan tree' and 'holy water body.' In ancient India, the banyan tree stood for wisdom and shelter, while water bodies were seen as symbols of purity and renewal. These ideas made Varthur a special and respected place to live.

In the 16th century, Varthur was recognised as a Hobli by Kempe Gowda I, the founder of Bangalore, during the Vijayanagar Empire’s rule. Historically, it was an agricultural hub, supported by fertile land and the large Varthur Lake, which provided abundant water for crops like paddy, ragi, and vegetables.

The IT boom in nearby Whitefield changed Varthur from a quiet farming village into a busy urban area. Now, it has new homes, tech parks, and business centers, but still keeps its cultural roots alive with old temples, local festivals, and community traditions. This mix of history and growth makes Varthur a great place for people looking to buy a home or invest.

Varthur Road and the nearby neighborhoods have everything you need for comfortable living. You’ll find top schools, good hospitals, and shops for your daily needs. The ITPL tech hub is only 20 minutes away. Major roads like Outer Ring Road and Sarjapur Road are close, and it takes about 45 minutes to reach Kempegowda International Airport, which is 38.2 km away.

IT Hubs near Varthur Road

Varthur enjoys excellent connectivity to several major IT and business hubs, making it a preferred location for working professionals. Key nearby tech destinations include:

• ITPL – 5 km
• Accenture – 5.7 km
• Prestige Tech Park IV – 7 km
• Sigma Soft Tech Park – 2 km
• TESCO Campus – 6 km
• Kalyani Tech Park – 8.7 km
• Brigade Tech Park – 5.2 km
• SAP Labs India – 7 km

Varthur Real Estate Market – April 2025

A Rising Star in East Bangalore’s Property Scene

Varthur sits on Bangalore’s eastern edge and is fast emerging as a top real estate destination. Its proximity to the Outer Ring Road, Whitefield, and key IT corridors has helped it grow from a semi-urban area into a lively residential and business center.

Current Price Trends

• Apartments: ₹6,000–₹8,000 per sq. ft. (premium projects up to ₹8,500+)
• Villas & plots: ₹4,500–₹7,000 per sq. ft.
• Annual appreciation: 7–9%
• Rental yields: 3–4%

Why Buyers & Investors are Choosing Varthur

• Close to top tech hubs like ITPL, RMZ Ecospace, and Brigade Tech Park
• Balanced lifestyle with urban amenities and green spaces
• Ongoing road upgrades, metro expansion, and civic improvements
• Strong demand from IT professionals and families
• Controlled property supply ensuring steady price growth

Key Projects

• Prestige Lakeside Habitat – Integrated township, ₹–₹ 15,500/sq. ft.
• Plotted developments on the outskirts for custom homes and future appreciation

Investment Outlook

With its competitive pricing, improving infrastructure, and proximity to employment hubs, Varthur is well-positioned for long-term growth. For both end-users and investors, 2025 presents a strong window to enter this market before prices climb further.

Advantages of Buying an Apartment on Varthur Road

• Close to major IT and tech hubs like ITPL, RMZ Ecospace, Brigade Tech Park, and RMZ Ecoworld.
• Ideal location for professionals who want to cut down on commute time.
• Excellent connectivity to key areas in East Bangalore.
• Prestige Evergreen offers a perfect mix of comfort, convenience, and greenery.
• A great choice for those seeking a balanced work-life lifestyle.

5 Best Projects of Prestige in Varthur Road

1. Prestige Raintree Park - Luxury Apartments in Varthur
2. Prestige Somerville - 3 and 4 BHK Apartments for Sale in Varthur
3. Prestige Pine Forest - Ultra Luxury Prestige Apartments near Varthur
4. Prestige Park Grove - Township project on Varthur by Prestige Group
5. Prestige Lakeside Habitat - Prestige Completed Project on Varthur Road.
6. Prestige Lavender Fields : Lake-facing apartment for sale in Varthur.

Prestige Group’s upcoming project, Prestige Evergreen on Varthur Road, is a landmark development that will redefine real estate in Varthur. The project is part of East Bangalore’s fast-growing real estate belt , Varthur Road, making it a promising choice for both homebuyers and investors.

Bangalore continues to lead as the city with the highest ROI in real estate in India. That is due to the large incoming IT Jobs driven by its thriving IT industry and growing infrastructure.

Among its micro-markets, Varthur Road and East Bangalore stand out as the best places to buy property, thanks to their strategic location, excellent connectivity, and consistent appreciation in value.

Whitefield: The IT Powerhouse of East Bangalore

Whitefield, in East Bangalore, is a major IT and residential hub. It began as a quiet settlement in 1882, named after David White. In the 1960s, industries started coming in, and the IT boom of the 1990s turned it into a busy tech hub. This brought global companies and increased property prices. Today, Whitefield has premium homes, modern facilities, and many job opportunities, making it a top choice for buyers and investors.

History of Whitefield

Whitefield began in 1882 as a small Anglo-Indian settlement and stayed a quiet residential area for many years. Industries arrived in the 1960s, bringing some growth, but the big change came in the 1990s with the IT boom. Tech parks like ITPL and EPIP Zone, along with many corporate offices, set up here, leading to fast urban growth.

The arrival of professionals increased demand for homes, schools, hospitals, malls, and entertainment. Today, Whitefield is a modern, cosmopolitan neighborhood and an important part of Bangalore’s economy.

Whitefield Real Estate Market – April 2025

• Apartments: ₹8,000–₹15,500 per sq. ft. (premium projects at higher range)
• Villas & Plots: ₹7,000–₹12,000 per sq. ft.
• Annual Appreciation: 8–10%
• Rental Yields: 3.5–4.5%

Why Buyers & Investors Choose Whitefield

• Close to top IT hubs like ITPL, EPIP, and RMZ Ecospace
• Excellent transport network with road, rail, and metro links
• High rental demand and strong resale value
• Premium lifestyle with malls, hotels, and entertainment options
• Established civic and social infrastructure

Whitefield, Bangalore, offers a wide range of ready-to-occupy flats from Prestige Group, available in various sizes and budget ranges. Properties of Prestige Group is most sought off. Due to the surge in demand ,Prestige Group has many new projects in Whitefield. With consistent demand for Prestige properties in Whitefield, new launches are frequent.

Prestige Evergreen Whitefield is a new launch project featuring over 2,000 thoughtfully designed apartments. Nestled in the heart of Whitefield, it offers luxury living with serene views of Varthur Lake.

List of Prestige Projects in Whitefield :

1. Prestige Raintree Park – Integrated Township | Varthur Road, Whitefield
2. Prestige Pine Forest – Luxury Apartments | ECC Road, Whitefield
3. Prestige Somerville – High-rise Apartments | Outer Ring Road–Whitefield Junction
4. Prestige Park Grove (The Residences & The Willows) – Integrated Township with Apartments & Villas | Chikkanahalli Road, Whitefield
5. Prestige White Meadows – Ultra-Luxury Villas | Sathya Sai Layout, Whitefield
6. Prestige Waterford – Premium Apartments | ECC Road, Whitefield
7. Prestige Elm Park – Luxury Apartments | Whitefield Main Road
8. Prestige Fontaine Bleau – Mid-rise Apartments | ECC Road, Whitefield
9. Prestige Lakeside Habitat – Integrated Township with Apartments & Villas | Varthur–Gunjur Main Road, Whitefield
10. Prestige Lavender Fields – Luxury Apartments | Varthur–Gunjur Main Road, Whitefield
11. Prestige Serenity Shores – High-rise Apartments | Varthur–Gunjur Main Road, Whitefield
12. Prestige Glenbrook – Luxury Apartments | Whitefield–ITPL Main Road
13. Prestige Shantiniketan – Integrated Township with Residential, Office & Retail Spaces | Hoodi, Whitefield

Prestige Completed Projects in Whitefield

Project Name	Type	Highlights
Prestige Waterford	Apartments	16.6 acres, 3–4 BHK, 689 units
Prestige White Meadows	Villas & Sky Villas	28.5 acres, 4–5 BHK
Prestige Silver Oak	Luxury Villas	17 acres, spacious 3–4 BHK
Prestige Mayberry	Villas	20 acres, elegant 3–4 BHK
Prestige Serenity Shores	Apartments/Villas	Lush setting on Varthur Road
Prestige Lakeside Habitat	Township (Apts + Villas)	102 acres, lakeside luxury

Bangalore, the capital of Karnataka, is a fast-growing city and a big IT hub. It sits on the Deccan Plateau in southern India and is well connected by buses, metro, and main roads, making travel simple.

History of Bangalore

Bangalore’s history goes back over 1,000 years. Its modern form began in the 16th century when Kempe Gowda I built a fort and made it a center for trade and culture. Later, it grew as a hub for education, defense, and public sector industries. In the 1990s, the IT boom transformed Bangalore into the “Silicon Valley of India,” attracting top global tech companies and skilled professionals from across the country and around the world.

Key Prestige Projects in Bangalore

1. Prestige Southern Star – Residential Apartments, Begur Road, Bangalore
2. Prestige Falcon City – Mixed-Use Development (Residential + Retail + Commercial), Kanakapura Road, Bangalore
3. Prestige Lakeside Habitat – Integrated Township (Apartments + Villas), Varthur – Whitefield, Bangalore
4. Prestige Augusta Golf Village – Luxury Villas, Horamavu, Bangalore
5. Prestige Sunrise Park – Residential Apartments, Electronic City Phase I, Bangalore

Bangalore New Apartment:

New project in Bangalore, Prestige Evergreen by Prestige Group, is soon launching in East Bangalore. With this launch, a landmark is created on Varthur Road to fulfill the demand for flats.

An apartment is a home in a larger building, often with shared spaces and facilities in gated communities. In big cities, people choose apartments for their convenience, safety, and modern features. Today, most builders add quality amenities to meet buyers’ needs.

Apartments at Prestige Evergreen will feature 2, 3, and 4 BHK homes to meet market demand. Bangalore’s ever-growing population continues to drive demand for apartments. The launch of these 2 and 3 BHK flats for sale in Whitefield will fulfill the needs of the luxury segment. These are truly among the best Prestige apartments in Bangalore.

Prestige Group proudly introduces Prestige Evergreen, a new residential community in Whitefield, East Bangalore. Designed for modern living, it offers spacious homes, top-class amenities, and a prime location close to IT hubs, schools, hospitals, and shopping centers.

At the launch, visitors can explore the Prestige Evergreen Model Apartment at the site. These fully furnished units showcase the design, quality, and space, helping buyers experience the lifestyle firsthand and confidently select their future home.

Buying an Apartment in Bangalore ? Things to look at

1. Set your budget – Key for buying a flat.
2. Choose the right location – Pick an area that’s well-connected and likely to grow in value.
3. Think about safety – Look for 24/7 security, CCTV, and safe entry points.
4. Check the amenities – Make sure there’s a gym, pool, clubhouse, or green space you’ll actually use.
5. Go with a trusted builder – A good reputation means better quality and resale value.
6. Verify legal papers – Check RERA details, land ownership, and approvals before you buy.
7. Look at connectivity – See how close it is to your work, schools, hospitals, and public transport.

RERA Definition:

RERA stands for Real Estate (Regulation and Development) Act, 2016. It is a law passed by the Government of India to bring transparency, accountability, and fairness in the real estate sector.

Under RERA:

• All real estate projects (above a certain size) must be registered with the state RERA authority.
• Builders must provide clear project details like layout, approvals, completion timeline, and carpet area.
• It protects homebuyers’ interests by ensuring timely delivery and preventing false promises.
• Developers face penalties if they delay possession or provide misleading information.

Here are the advantages for buyers after RERA in simple points:

• Timely Delivery – Builders must hand over homes on time, or they face penalties.
• Transparency – Buyers get clear details on carpet area, approvals, and project status.
• Financial Security – 70% of buyers’ money is kept in a separate account, used only for that project.
• Fair Pricing – Homes are sold based only on the carpet area, not super built-up area.
• Quick Dispute Resolution – RERA authorities handle buyer complaints faster than courts.
• Accountability – Builders are legally bound to deliver what they promise in brochures and agreements.
• Legal Protection – Buyers can claim compensation if builders delay or provide poor-quality construction.

Prestige Evergreen is set to receive its RERA approval in 2024. Once approved, Phase 2 will be launched with a possession timeline of 4 years from launch. With the RERA certificate in place, buyers are fully protected, as the project will follow all legal rules, ensure timely delivery, and provide complete transparency. This makes Prestige Evergreen a safe and secure investment choice for homebuyers.

Approvals & Legal Status – Prestige Evergreen

Land Approval

Prestige Evergreen must obtain E-Khata land approval issued by the Grama Panchayath.

Legal Status of the Property

The property has a clear legal status, and RERA approval has been applied for.

Bank Approvals

Prestige Evergreen will secure approvals from major banks including HDFC, ICICI, SBI, and Axis Bank, making financing convenient.

Legal Documentation

Key legal documents include the Sale Deed, Mother Deed, Sale and Purchase Agreement, Building Approval Plan, Possession Letter, Completion Certificate (Occupancy Certificate), Khata Certificate, RERA Registration Certificate, and Encumbrance Certificate, ensuring clear ownership and compliance.

Home Loan Approval

The project has received home loan approvals from leading banks like HDFC, ICICI, SBI, and Axis Bank, offering buyers multiple financing options.

Taxes & Standards

Purchasing an apartment at Prestige Evergreen involves specific taxes and fees:

• GST: 5% on non-affordable homes, 1% on affordable homes (since possession is post-March 2030).
• Stamp Duty: ~5.6% for properties above ₹45 lakhs in Bengaluru (inclusive of cess and surcharge).
• Registration Charges: 1% of the property value.
• Property Tax: Annual BBMP property tax, calculated based on property zone and area.

The project will be RERA-approved, ensuring transparency and compliance with real estate laws. It also requires BIAAPA approval, confirming adherence to local planning norms. These approvals, combined with detailed legal documentation, guarantee the project’s legitimacy and quality standards.

Prestige Evergreen is more than just a home. It's a smart investment in one of Bangalore's fastest-growing areas. With a strong location, the trusted Prestige Group name, and the success of Phase 1, this project offers great value. It stands out among new launch projects in East Bangalore. It's seen as one of the best Prestige upcoming projects in Whitefield.

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