Prestige Indavara Chikmagalur is a new Prestige resort-style villa plot project located in Chikmagalur, Karnataka. Set on 33 acres, the project features 140 luxury plots with a density of 4.2 plots per acre.
Buyers can easily choose from Type A, Type B, Type C, and Type D (Estate/View) plots. The price starts at ₹1.20 Crores for 2400 sq ft plot, Rs 1.80 Crores for 3,600 sq ft plot, Rs 2.40 Crores for 4800 sq ft plot, and Rs 3.00 Crores for 6,000 sq ft.
Project Status:
- Launch is on 10 December 2026
- RERA Approval is now pending
- Currently in prelaunch status as of August 2026
- Pre launch Bookings are presently Open
Key Facts:
| Parameter | Details |
| Project Name | Prestige Indavara Chikmagalur |
| Developer | Prestige Estates Projects Ltd (Est. 1986) |
| Project Type | Premium Plotted Development (Estate/Resort-Style Villa Plots) |
| Location | Chikmagalur, Karnataka (Western Ghats hill station and coffee country) |
| Address | Chikmagalur, Karnataka |
| Exact Coordinates | 13.307497, 75.767114 (~2-3 km from Chikmagalur town centre) |
| RERA Status | Not yet applied |
| Launch Date | Dec 2026 |
| Possession Date | Dec 2029 |
| Development Timeline | 36 months (3 years) |
| Project Status | Pre launch / EOI Phase |
Splendid Connectivity with Unmatched Location:
Prestige Indavara Chikmagalur, popularly known as Chikmagalur, is located in a prime area of the city with better road access that links easily to all major areas of the city. The project site is in Chikmagalur, near coffee estates.
Based on physical road maps and traffic data, here are the key distances:
- Kadur station is ~8 km away
- Mangalore Airport is ~120 km away
- ~2-3 km from Chikmagalur town centre
USPs: Why should you buy a plot in Prestige Indavara Chikmagalur?
There are better Unique Selling Points (USPs) in the project that make it one of the fast-selling Plot pre-launches of 2026. With a high 4.8 out of 5 rating, it is the best choice to invest in plots in the city to consider for investment. Here are the reasons why you should consider investing in this project,
- ~9.9 acres of open space: Most projects in crowded areas will have low open space, but Prestige Group has built this 33-acre project with an ~9.9-acre open-space ratio.
- 33-acreTownship Master Plan: The project spans over 33 acres of master plan. The project has ~5.04 lakh sq ft of total saleable plot area.
- Vast Clubhouse: A vast clubhouse is added to the project that is equipped with 50+ curated amenities. It includes dance rooms, party halls, an indoor games room, a gym, a spa, and a VR Games room for an awesome experience.
- The "Prestige Group" Brand Trust: Prestige Group properties will have a premium brand tag, and they will have a steady resale value for all their properties.
Plot Plans: Find Your Ideal Layout
The project offers a huge range of plot sizes. The project has the best villa plots in a prime area near the upcoming growth corridor.
| Plot Type | Dimensions | Area | No. of Plots | % of Total | Total Area |
| Type A | 40×60 ft | 2,400 sq ft | 56 | 40% | 1,34,400 sq ft |
| Type B | 60×60 ft | 3,600 sq ft | 42 | 30% | 1,51,200 sq ft |
| Type C | 60×80 ft | 4,800 sq ft | 28 | 20% | 1,34,400 sq ft |
| Type D (Estate/View) | Larger, irregular | ~6,000 sq ft | 14 | 10% | 84,000 sq ft |
| TOTAL | — | — | 140 | 100% | 5,04,000 sq ft |
Flexible Payment Plan: Step by Step Payment Procedure for Plot Ownership
The Prestige Indavara Chikmagalur payment structure is designed in the best way to keep the investment process simple. The payments are divided into small stages that will match the building progress of the project:
- 10% Booking Amount: Paid at the initial stage for your plot allocation.
- 10% Allotment Stage: Paid after the signing of the Sale Agreement.
- 80% payment: There are 8 milestones as the building work progresses towards possession.
Official Construction Linked Payment Plan (CLP):
| Payment Stage | Percentage to Be Paid | Milestone on Site |
| Milestone 1 | 10% | Booking Amount paid to Fix a plot |
| Milestone 2 | 10% | Has to be paid at the time of registration |
| Milestone 3 | 10% | Paid in 30 days from the date of booking of the plot |
| Milestone 4 | 10% | Paid at the starting time of the building of roads |
| Milestone 5 | 10% | Paid at the starting time of the construction of the boundary walls |
| Milestone 6 | 10% | Paid at the starting time of the levelling works in the project |
| Milestone 7 | 10% | Finishing Work of Superstructure |
| Milestone 8 | 10% | Finishing Time of Internal Unit Flooring Work |
| Milestone 9 | 10% | Finishing Time of Internal Plumbing Installations |
| Milestone 10 | 10% | Final Stage of project Handover |
| Total Payment | 100% | Project Possession |
Reviews, Ratings and Brochure
Prestige Indavara Chikmagalur reviews are widely positive, according to the top property analysts in the country. It has a review rating of 4.8 out of 5, which is viewed as the finest rating in the real estate market. The project has got higher ratings due to its prime area, and so investors see the plots as safe, with potential for high resale value.
The official Prestige Indavara Chikmagalur Brochure is an 80-page guide that shows complete details on the project’s location, floor plan, master plan, and amenities. It can be downloaded for free from this website.
Prestige Indavara Chikmagalur: 2026 Sales & Performance
Prestige Indavara Chikmagalur is Chikmagalur’s top-selling prelaunch of 2026. The township offers a better price advantage when compared to prime areas of the city. The site sits right near major highways for daily travel, and as a result, buyer demand is high for this project.
Prestige Group: Record Sales
Prestige Group has been the best and leading real estate builder since 1986 in India. They have finished 300+ projects till now, which span over an area of 180+ million sq. ft. They are now aiming to develop projects exceeding Rs 20,400 Crores by FY29 to FY30.
Project Highlights
"Strategic 33-acre investment choice in Chikmagalur, Karnataka. Entry price of ₹1.20 Crores* for 2400 sq ft. Prestige Indavara Chikmagalur is currently awaiting RERA approval"
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Plot
Project Type
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₹1.20 Crore *Onwards
Starting Price
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Pre Launch
Project Status
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33 acres
Land Area
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Prestige Group
Builder
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31 December 2029
Possession
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40×60 ft, 60×60 ft, 60×80 ft and Larger, irregular
Unit Type
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2400 sq ft to 6000 sq ft.
Unit Sizes
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140 units
Total Units
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Not Applied
Rera No
Plot Selection Guide in Prestige Indavara Chikmagalur: How to select the Best Plot
Selecting the best plot at Prestige Indavara Chikmagalur maximises property value. This premium property offers the best layout options. Buyers can use the guide to select the best plots with the best views.
The West Wing: Face Nature Views
Buyers who want awesome nature views should focus on the corner plots. These plots will have a good view from both sides that are awesome from the balconies.
Guide to Prestige Indavara Chikmagalur: Is This Project Right for You?
Buying a home in a massive 33-acre township is the best decision. To save you time, here is a comparison of who should buy a plot in this project and who should look for other options.
| Who Can Buy | Who Must Avoid |
| Plot: Ideal for families who look for plots in varying size ranges. | Daily Commuters: If you want to live near IT hubs, then this is not for you. |
| Investors: Best option for buyers who wish to get profit from a higher ROI in the future. | Short Term Flippers: Property values quick returns instantly must look for properties inside the city. |
Price Details
The Prestige Indavara Chikmagalur Price varies between ₹1.20 crore and ₹ 3.00 crore. The project’s launch price is ₹5,000 per sq. ft. The following are the price details for the unit types,
| Unit Type | Super Built-Up Area | Price |
|---|---|---|
| Type A | 2,400 sq ft | ₹1.20 Crores *Onwards |
| Type B | 3,600 sq ft | ₹1.80 Crores *Onwards |
| Type C | 4,800 sq ft | ₹2.40 Crores *Onwards |
| Type D | 6,000 sq ft | ₹3.00 Crores *Onwards |
*The price for plots will change, and the final price depends on factors like plot facing, plot location, and launch offers.
Guide to Prestige Indavara Chikmagalur Maintenance Charges:
At Prestige Indavara Chikmagalur, the maintenance fee is ₹4 per sq ft. The cost will be kept low so that it will be easy for all the plot owners.
Advance Maintenance Payment:
Before possession, the builder will ask for a 24 month advance maintenance fee from buyers. This payment is calculated at ₹100 per square foot, and it goes directly into a society fund.
What do the Maintenance Fees Cover?
The maintenance fund has to be paid as it is used to take care of all the common areas. It makes sure that owners will not face any unforeseen expenses after moving. The fees cover:
- 24/7 Security: Keeping the whole project area safe with 24/7 guards and CCTVs.
- Amenities: Hiring maids to clean the pools, parks, and gym.
- Lifts: Providing service and checking the lifts.
Prestige Indavara Chikmagalur Comparison with other Ongoing Prestige Projects (2026)
To provide a micro market viewpoint, here is the table comparing Prestige Indavara Chikmagalur with prominent ongoing landmarks:
| Feature | Prestige Indavara Chikmagalur | Prestige Southern Star | Prestige Elm Park | Prestige Somerville | Prestige Avon |
| Location | Chikmagalur | Begur Road | Whitefield | Varthur Road | Whitefield |
| Theme | Luxury Plotted Township | Luxury Township | World Class Project | Next Gen Premium Living | Smart Living |
| Status | Upcoming | Ongoing | Ongoing | Ongoing | Ongoing |
| Possession | 2029 | 2029 | 2029 | 2030 | 2029 |
| Units | 2400 – 6000 sq ft | 1, 2, 3, 3.5, and 4 BHK | 3 & 4 BHK | 3, and 4 BHK | 3, 3.5, 4, and 5 BHK |
| Price From | ₹1.20 Crores | ₹82.5 Lakhs | ₹2.18 Crores | ₹2.50 Crores | ₹1.8 Cr |
Master Plan
Prestige Indavara Chikmagalur Master Plan is set over 33 acres and is themed to reflect " Estate Style Villa Plots" planning. This project is the best luxury plotted project near the Western Ghats hill station.
Master Plan Highlights at a Glance
- Open Green - ~30% (~9.9 acres)
- Internal Roads - ~15% (~4.95 acres)
- Club house and Amenity Zone - ~8% (~2.64 acres)
- Civic/Common Features - ~7% (~2.31 acres)
Understanding the Master Plan: A 33 Acre Green Township
The Prestige Indavara Chikmagalur master plan focuses on open space, and the project leaves ~9.9 acres of its land open to nature.
Big Clubhouse
- The township has a big clubhouse that offers a large community space.
- This building features dance rooms, indoor sports courts, a spa, a café, a salon, and indoor swimming pools.
Safe Zone
- The Main Gate: The main gate will have sensor tags, and buyers can enter easily without waiting. The entrance has lanes for cars to prevent any traffic during busy hours.
- 24/7 Security: The property has many layers of security, like CCTVs to keep the whole living area safe.
Plot Plan
The Prestige Indavara Chikmagalur Plot Plan provides outlines of the plots set in sizes ranging from 2,400 sq ft to 6000 sq ft. The 140 plots here are tailored for luxury living, and buyers can secure homes here with prices starting from ₹1.20 Crore.
Detailed Plot Insights:
- Type A (2,400 sq ft): These units focus on compact space, enough to build a house with 2 floors.
- Type B (3,600 sq ft): These units focus on extra space with a spacious villa.
- Type C (4,800 sq ft): It is the best choice for building villas with gardens.
- Type D (6,000 sq ft): These are luxury homes with villas along with spacious areas outside.
Why a Direct Site Visit to a Model Plot Matters:
Taking a look at plots from a brochure on paper is difficult. Visiting the plot directly through a site visit allows you to check these factors:
- Modern Amenities: There are modern amenities in the project, and everyone can take a look at the placement of the features.
- Carpet Area: Walk through the plots to get an idea of the placement.
- The Actual View: Buyers can get a view of where to build their dream homes.
Amenities
Prestige Indavara Chikmagalur Amenities include more than 50 lifestyle facilities designed to provide a luxury lifestyle. With ~9.9 acres of open space, the project has a lot of green spaces that foster the mental health of its buyers.
Amenities Highlights at a Glance:
- Party Halls
- Indoor games area
- Kids Play Zone
- A big Clubhouse
- Outdoor Sports area
- Big Sports Arena
World-Class Amenities: A Benchmark in Luxury Living
Spread across 33 acres, amenities at Prestige Indavara Chikmagalur are designed to meet the latest ideals and offer the best value for space.
Sports & Fitness:
The sports features include.
- Indoor Gaming: A table tennis, billiards, fully equipped gym, VR Gaming area, and a gaming room for kids.
- Court Sports: Indoor playing areas like tennis courts, badminton courts, squash courts, and outdoor courts for cricket.
Clubhouse
- Social: Party halls, banquet halls for hosting events, entrance lobby, spa, café, library, and more.
- The Clubhouse has the best high-end features with indoor leisure features for a modern lifestyle.
Safety
- Eco-friendly features: solar power for common area lighting, rainwater harvesting units, Water treatment plants, and an organic waste converter
- 3-Tier Safety: gated entry for allowing known visitors, and CCTVs.
Comparison - Why Prestige Indavara Chikmagalur Amenities Outshine the Competition
| Metric | Prestige Indavara Chikmagalur (Chikmagalur Corner) | Legacy / Central Micro-Markets |
| Infrastructure Age | Developing area | Heavily Congested area |
| Price Appreciation | 12% Y-o-Y | 11% Average Growth |
| Planned Open Spaces | High | Low |
| Rental Yield | 4.2% Gross Yield | 4.8% Yield |
Specifications
Technical Specifications: Safety Standards 2026
Prestige Indavara Chikmagalur Specifications are the best and the latest in the market.
Below are the 2026 specifications for the new township.
- Defined concrete access to each plot from the approach road
- Entrance designed to complement the style of architecture
- 15 m wide entrance road
- Landscaped avenues on the side of the road
Location and Connectivity
The Prestige Indavara Chikmagalur Address is Chikmagalur, Karnataka. This location is a prime area due to its proximity to the Western Ghats hill station and coffee country.
Prestige Indavara Chikmagalur Address
- City:Chikmagalur
- State:Karnataka
- Country:India
- Zip Code:577101
Landmark and Map Details
- Nearby Landmark: Near Western Ghats hill station
- Latitude: 13.307497
- Longitude: 75.767114
- Google Plus Code: 8QGF+MG
Details on the positioning of Prestige Indavara Chikmagalur:
Prestige Codename Chikmagalur in Chikmagalur is a gated community with premium plots where the road that leads to the entrance is 38 meters wide. The site is positioned ~2-3 km from Chikmagalur town centre. There are many colleges, malls, IT hubs, schools, hotels, and hospitals nearby, which makes the project one of the best plots for sale.
Location Benefits of living in Prestige Indavara Chikmagalur:
- As Prestige Indavara Chikmagalur is in the prime zone of Bangalore, it has the prime location highlights as follows,
- Located in Chikmagalur, the Western Ghats hill station regarded as the birth place of coffee cultivation in India (dating to 1670 AD)
- ~245-250 km / 5-6 hours from Bangalore via NH-75 — a well-established weekend-getaway drive route
- Site positioned ~2-3 km from Chikmagalur town centre — closer to town than a deep-countryside estate, which may suit both weekend-home and semi-primary-residence buyers.
- Set among the Western Ghats at ~3,400-3,580 ft elevation, with nearness to Mullayanagiri (Karnataka's highest peak), Baba Budangiri Hills, and Hebbe Falls
- Low-density, estate style plotting (~4.2 plots/acre) preserving the coffee-country character of the land
- Positioned as a second-home / weekend-retreat investment rather than a primary-residence urban layout
Key Distances:
How well is Prestige Indavara Chikmagalur connected to the important landmarks like Railway, Airport, and Metro?
Prestige Indavara Chikmagalur, a prime Prestige Indavara Chikmagalur New Project, is one of the superb Prestige Plot projects in Chikmagalur with easy access to the railway station, airport, and metro.
- Nearest airport: Mangalore International Airport, ~120-150 km / 3-4 hours away
- Nearest railway access: Kadur station, ~40 km away; Chikmagalur's own railway station is also operational and closer still
Social Infrastructure Near Prestige Indavara Chikmagalur:
| School Name | Distance / Time* | Curriculum | Key Highlight (2026) |
| Sri Sai Angels School | 4.2 km (10 mins) | CBSE | Leading CBSE with strong academics |
| The Summit School | 3.5 km (8 mins) | CBSE | Modern campus with a focus on learning, sports |
| AVS Global School | 5.5 km (12 mins) | CBSE | Equipped campus offering quality academics |
| PM Shri Kendriya Vidyalaya | 4.5 km (10 mins) | CBSE | Highly reputed school |
| Maharishi Vidya Mandir | 6.5 km (15 mins) | CBSE | Value-based education |
Healthcare Infrastructure Near Prestige Battersea
| Hospital | Distance / Time | Specialization |
| District Hospital | 2.5 km (5 mins) | Major hospital offering emergency |
| Mangala Hospital | 1.5 km (5 mins) | Well-known hospital with 24/7 emergency |
| Vasan Eye Care Hospital | 2.8 km (6 mins) | Specialized eye and vision care. |
| Ashraya Hospital | 2.7 km (7 mins) | General medicine, surgery, and critical care. |
Major Employment Hubs Near Prestige Battersea
One of the major reasons for property demand is its nearness to North Bangalore’s growing job hubs.
| IT Hub | Distance | Route |
| KIADB Industrial Estate | 6.9 km | Through SH-57 |
| District e-Governance Centre | 2.5 km | Through Court Road |
| Digital & IT Service Hub (MG Road) | 2.8 km | Through MG Road |
| Bengaluru IT Corridor (Nearest Major IT Hub) | 245 km | Through NH 75 |
| Software Technology Parks of India (STPI), Chikkamagaluru | 3 km | Through MG Road |
Lifestyle Centres Near Prestige Battersea
| Destination | Distance / Time | Key Features | Popular For |
| Milan Shopping Mall | 2.5 km (5 mins) | Shopping Mall | Fashion stores, family shopping and lifestyle brands |
| A.V.K. Shopping Complex | 3.6 km (8 mins) | Retail Complex | Clothing, and daily essentials. |
| MG Road Shopping Street | 2.8 km (5 mins) | High Street Shopping | Branded outlets, local fashion, cafés |
| Coffee Land Retail Hub | 3.5 km (8 mins) | Specialty Shopping | Premium coffee outlets, regional products. |
More About the Project
Prestige Indavara Chikmagalur by Prestige Group is a premium luxury township and sits in the fast-growing Chikmagalur corridor over an area of 33 acres. The master plan brings 140 luxury plots with 4.95 acres of Internal Roads. To give early buyers a great deal, the pre-launch base price was set at ₹5,000 per sq. ft. This lower entry rate is the best choice for investors.
What does Prestige Indavara Chikmagalur mean?
The name "Prestige Indavara Chikmagalur" stands for natural beauty surrounded by the Western Ghats hill station and coffee country. Prestige Group designed this project so that everyone can build their dream villa with modern amenities. Buyers can enjoy all the modern features with green areas around their houses.
Why should you invest in Prestige Indavara Chikmagalur?
Prestige Indavara Chikmagalur is a royal masterpiece that brings the best lifestyle with luxury living.
Key design benefits include:
- Modern Features: There are modern features that include a café, a spa, a gym, a pool, a kids' play area, party halls, and much more.
- Easy Access: Located near Shimoga, Hassan, Mangalore, and Udupi districts.
- Week end Gateway: Best weekend-getaway destinations from Bangalore, Mysore, and Mangalore.
What makes the project the best investment in Chikmagalur?
Prestige Indavara Chikmagalur project is a new launch plotted project in the Chikmagalur real estate market. The pricing plan is very reasonable and fits investors who are looking to invest in plots to get higher returns later.
Why this Project stands out in Bangalore:
- Green area: The land has lush green areas all around with a calm look.
- High Growth Area: As the area is near a major growth area, it has high growth potential.
- Builder Reputation: Built by Prestige Group, the project is safe to invest in, with clear land titles.
Target Audience
Primary (55%):
- Bangalore and Mangalore-based HNIs and business owners seeking a weekend home in coffee country
- Age: 35 to 60 years
- Target: Type B, Type C plots
Secondary (30%):
- NRIs and second home investors drawn to the coffee-estate lifestyle and long-term land appreciation
- Target: Type C, Type D (estate/view) plots
Tertiary (15%):
- Land-banking investors betting on Chikmagalur's rising profile as a tourism and wellness retreat destination
- Target: Type A, Type B plots
Chikmagalur
Chikmagalur is an emerging area in Karnataka that is nestled in the foot hills of the Western Ghats, renowned as the birthplace of coffee in India. The area offers a blend of nature's beauty and a peaceful lifestyle. The area is also a thriving hub for coffee cultivation, tourism, and agro-based industries, making it an attractive area for investors.
Why Chikmagalur is the best choice for investment
The area benefits from nature’s beauty, and as it is near coffee estates, prices are increasing at a fast rate. As the area offers modern townships like Prestige Indavara Chikmagalur and many other gated communities, it is the best choice to invest.
History of Chikmagalur
Chikkamagaluru, "The Town of the Younger Daughter", was gifted as a dowry to the young daughter of the Sakrepatna chieftain. It has a special place in India's history as the birthplace of coffee cultivation. In the 17th century, Sufi saint Baba Budan brought seven coffee beans from Yemen and planted them in the hills. It marked the beginning of India's coffee industry, and now the area is one of the nation's leading producers of coffee. After this, the area started to develop, and the real estate market is developing at a fast rate.
Strategic location benefits
- Chikmagalur district is twice the size of Coorg, known for extensive coffee plantations, rolling hills, and a cooler year round climate.
- Surrounded by Shimoga, Hassan, Mangalore, and Udupi districts
- One of Karnataka's most established weekend-getaway destinations from Bangalore, Mysore, and Mangalore
The Chikmagalur real estate market 2026 is getting a spotlight as it is in proximity to major coffee estates. Buyers are exploring Chikmagalur properties and are attracted towards it because of the quick growth and demand in the IT zones.
Why people prefer Chikmagalur
- Chikmagalur town offers established local infrastructure (markets, healthcare, schools) typical of a Western Ghats district headquarters, and is close by given the site's proximity to the town centre.
- The project's positioning as a second-home development means daily social infrastructure (schools, workplaces) is less central to buyer decision-making than for an urban residential project. However, the near-town location keeps these reasonably accessible.
Karnataka
Karnataka is a major real estate hub because of its reasonably priced properties and IT job market. The city is growing at a fast rate, and many people wish to buy properties as the value increases at a fast rate. Karnataka has a very good transport network through roads and highways to all areas of the city, and so every family wish to settle here. As real estate properties have buyer demand, prices also increase at a fast rate.
Some of the benefits of investing in Karnataka are as follows,
- Resale Value – The resale value is high for all plots, even in the outskirts. Buyers can get high returns for their money in the future.
- Rental Income – There is a great demand for rental houses, and investors can get high returns for their money.
- Property options – Bangalore has properties in many choices and budgets that will suit all buyers. There are plots in affordable options with high returns on investment.
Best new-launch Prestige project:
Chikmagalur, one of the top Prestige Bangalore new launch plotted projects for sale in 2026, offers the best luxury plots. This project offers the latest modern lifestyle with easy access to all civic amenities in a prime area of the city in North Bangalore. Prestige Indavara Chikmagalur new launch is a 33-acre premium plotted township venture under the official name ‘Prestige Indavara Chikmagalur’. It offers villa plots with grand green spaces and has direct access to the major IT hubs of the city.
Plot
A plot is an independent piece of land where an independent villa can be built. Plots in gated communities are desired by buyers in recent days as they come with modern features and great privacy. Prestige Indavara Chikmagalur plots are offered in varying size ranges, which are perfect for building villas and can get high value for their money.
Advantages of investing in Prestige Indavara Chikmagalur plots
- Reasonable price range: The price of plots starts from ₹5,000 per sq ft, which is reasonable and will give high ROI.
- Modern Amenities: There are modern amenities for a luxury lifestyle, like a sauna, café, kids park, a gym, pool, spa, party halls, etc to enjoy for good leisure time.
- High ROI: The plots are in a prime area where they offer high value for money and give high ROI soon.
Prestige Indavara Chikmagalur’s Latest News
The launch of Prestige Indavara Chikmagalur has reached its milestone for its 2026 launch. With the official RERA pending, the project is a safe investment to consider for all buyers.
Know your project:
- After launching projects in Bangalore, Prestige Group is ready with its new project, Prestige Indavara Chikmagalur, in 2026.
- The project assures reasonable pricing between ₹1.20 crore and ₹ 3.00 crore.
- This new venture offers high-end plots in 2400 sq ft, 3600 sq ft, 4800 sq ft, & 6000 sq ft sizes to suit buyers of all sizes.
Approvals & Legal Status
Legal Status of the Property
The property will have legal titles, and there are no pending issues on the land. After getting all the approvals for the plot, the project will move to the booking stage.
Land Approval
Prestige Indavara Chikmagalur project is awaiting all approvals, and it will soon be approved by the RERA Board.
Bank Approvals
The Prestige Indavara Chikmagalur project is approved by Indian banks such as HDFC, SBI Bank, Axis Bank, and ICICI Bank, which helps buyers get home loans.
Legal Documentation
All legal documents for Prestige Indavara Chikmagalur have been obtained, which include:
- Possession Letter
- Sale Deed
- Mother Deed
- Lay out Plan Approval
- Agreement of Sale and Purchase
- Completion Certificate
- Khata Certificate
- RERA Certificate
- Encumbrance Certificate (EC)
All these documents show that buying a plot in this new project is safe.
Home Loan Approval
To make buying a plot easier, Prestige Indavara Chikmagalur has home loan tie-ups with major banks in India. Buyers can select financing options through major banks like SBI Bank, ICICI Bank, HDFC Bank, and Axis Bank for a smooth buying process.
Construction Update
The Prestige Indavara Chikmagalur’s Construction Status is in the pre-launch phase. This new community will start construction soon and will be finished on time.
Legal Clearances
The project is legally safe to invest in, as it will get approvals soon, and it is a safe option to invest in Karnataka real estate.
RERA Registration: The Real approval is pending, and buyers can book plots here with legal safety.
Prestige Indavara Chikmagalur Possession Timeline:
The plotted township will be built on time, and the date for handover is fixed for December 2029. The project will get RERA soon, and the builder is bound to a timeline of 3 years from the start of work, from its launch in 2026.
Milestone Progress:
Site setup will start soon, and the master timeline will show the steps towards fast delivery over the next 36 months (3 years).
| Development Milestone | Commencement | Completion |
| Site Clearing | December 2026 | January 2027 |
| Deep Foundation | March 2027 | April 2027 |
| Basement & Multi Level Parking | June 2027 | September 2027 |
| Building Frame | October 2027 | July 2028 |
| MEP | December 2028 | December 2029 |
| Final Possession Handover | -- | December 2029 |
Current Site Status
Civil work will start soon on the 33-acre site, and separate road lanes will be added to keep trucks from public traffic. The office building for the project will start soon on the project site.
Taxes and Standards
Buying a plot at Prestige Indavara Chikmagalur involves taxes and charges to be paid:
- GST Amount: The tax is applied based on plot size.
- Registration Charges: It costs 1% of the value.
- Property Tax: Annual tax must be paid based on plot area.
- Stamp Duty: 5 to 6 per cent of the property value.
Important Rules for Buyers:
- GST Rules: The GST tax applies to milestone payments.
- Government Fees: The base price will not include stamp duty. Buyers have to pay the charges when they register the property.
- Home Loan Approvals: Top banks are backing the project as it will have clear RERA approvals. Based on your profile, you can get a home loan.
Prestige Group
Prestige Group is one of the best and leading real estate companies, founded by Razack Satar in 1986. They are known for creating the best projects across 9+ major cities in India. They are the only CRISIL DA1+ Rated developer and have 350+ Projects Completed. They have 39+ Years of experience and have delivered 200+ million sq. ft. of projects.
Why Choose Prestige Group?
- Always launches the latest designs in the real estate market.
- Focuses on up-to-date solutions
- Timely delivery of projects
- Strong presence in Indian cities.
- Trusted by buyers due to durability.
Frequently Asked Questions
1. What is the price range of plots in this project?
The price range is ₹1.20 Crores to ₹3.00 Crores.
2. How many plots and sizes are there?
There are 140 plots in floor sizes of 2400 sq ft to 6000 sq ft.
3. Where can I get the PDF of the Prestige Indavara Chikmagalur brochure?
The Brochure PDF of Prestige Indavara Chikmagalur includes all the details about this project. Please fill out the form to get a clear copy of the Brochure PDF.
4. How much Open Space is there in this project?
There is 30% open space in the project, which is over an area of 9.9 acres.
5. How can I get the official contact number of the Prestige Indavara Chikmagalur sales team?
Reach our sales team through the number that is added in our portal, and connecting with us will give updates regarding the project.
6. What is the price per sq ft in this project?
The base price per sq ft is above the base rate of ₹5,000 per sq ft.