Prestige Group

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Thirty-three acres in Chikmagalur, 2-3 km from the town centre, is being developed into a luxury plotted community. Prestige Group is the developer. This is Prestige Indavara Chikmagalur — 140 plots in four sizes from 2,400 to 6,000 sq.ft., in Karnataka's Western Ghats coffee country. Prices run from Rs 1.20 Crore to Rs 3.00 Crore. The formal launch is on December 10, 2026. This page covers who Prestige Group is and what they are building in Chikmagalur.

Prestige Group Enters Chikmagalur


Prestige Group has built in Bengaluru, Hyderabad, Chennai, Pune and Mumbai. Prestige Indavara Chikmagalur is a different kind of project — a hill station address in the Western Ghats, not a city commuter development. Chikmagalur sits in Karnataka's coffee belt, surrounded by the Ghats, forest estates and mountain peaks. Mullayanagiri, Karnataka's highest peak, is 21.6 km from the site. Prestige Group brought a 33-acre land parcel here and planned it at a density of just 4.2 plots per acre — 140 plots in total. This is a project built for buyers who want space, landscape and escape from city density.

Prestige Estates Projects Limited — The Listed Company


Prestige Group's real estate arm is Prestige Estates Projects Limited. It is listed on the NSE and BSE. The company reports publicly to regulators and shareholders each quarter. It was founded in 1986 in Bengaluru. It builds residential projects, commercial offices, retail malls and hotels across India. Prestige Indavara Chikmagalur adds a Western Ghats hill station address to a portfolio that spans India's major cities.

140 Plots — Why Low Density Matters Here


Prestige Indavara Chikmagalur has only 140 plots across 33 acres. That works out to 4.2 plots per acre. By comparison, a typical city plotted development runs at 10-12 plots per acre. The low density at Chikmagalur is deliberate. Buyers here are not looking for a compact urban address. They want large plots, green surroundings and the natural landscape of the Western Ghats. Approximately 9.9 acres — 30% of the site — are dedicated to open space within the gated community. The smallest plot is 2,400 sq.ft. and the largest is 6,000 sq.ft. Each plot is large enough to build a substantial private home or villa.

The Chikmagalur Location — Coffee Country, Western Ghats


Chikmagalur is in Karnataka's hill country. It is the original coffee-growing region of India. The Western Ghats rise immediately to the west. Mullayanagiri peak at 21.6 km is one of South India's highest trekking destinations. Jhari Falls is 23.6 km. Baba Budangiri is 31.2 km. Kudremukh National Park is 55.2 km. The Prestige Indavara site is 2-3 km from Chikmagalur town centre, close enough to reach shops and services, far enough to retain a quiet, green setting. Mangalore Airport is 120-150 km via NH 73. The Kadur Railway Station is approximately 40 km away.

What a Chikmagalur Plot Investment Delivers


A plot at Prestige Indavara Chikmagalur is an investment in hill station land in a Prestige Group gated community. Buyers can use it to build a private weekend home. They can hold the land as the corridor develops. The base rate at Rs 5,000 per sq.ft. is the pre-launch entry point. The project has 8 payment milestones linked to infrastructure progress. RERA approval is currently pending. The formal launch on December 10, 2026 will confirm final pricing, RERA details and plot documentation. Buyers should verify all approvals on the Karnataka RERA portal before booking.

FAQs


1. Who is the developer of Prestige Indavara Chikmagalur?

Prestige Group is the developer. Its real estate arm, Prestige Estates Projects Limited, is listed on the NSE and BSE, founded in 1986 in Bengaluru. It builds across Bengaluru, Hyderabad, Chennai, Pune and Mumbai.

2. Is Prestige Group a reliable developer?

Yes. Prestige Estates Projects Limited is publicly listed on the NSE and BSE and has been building since 1986. It has a four-decade record across residential, commercial, retail and hospitality projects.

3. What is Prestige Indavara Chikmagalur?

It is a 33-acre luxury plotted development in Chikmagalur, Karnataka, in the Western Ghats. Only 140 plots in four sizes from 2,400 to 6,000 sq.ft. at 4.2 plots per acre. Launch is on December 10, 2026.

4. Why is the density so low at Prestige Indavara Chikmagalur?

The project has only 4.2 plots per acre — just 140 plots on 33 acres. This is intentional for a hill station development where buyers want large plots, green surroundings and landscape views rather than city-style density.

5. What is the starting price at Prestige Indavara Chikmagalur?

The 2,400 sq.ft. plot starts at Rs 1.20 Crore. The 6,000 sq.ft. plot is Rs 3.00 Crore. The base rate is Rs 5,000 per sq.ft. These are pre-launch figures confirmed at the December 10, 2026 launch.

6. When is the launch of Prestige Indavara Chikmagalur?

The formal launch is on December 10, 2026. The project is in pre-launch as of October 2026. RERA approval is pending. Verify the status on the Karnataka RERA portal before booking.

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