Prestige Evergreen, Varthur–Whitefield: A Buyer's and Investor's Guide (2026)
Phase 2 of Prestige Group's largest Whitefield township, launched with pricing designed to be more accessible than the flagship Phase 1 — here's what's confirmed, what's inconsistent across sources, and what buyers should verify before booking.
A Note on Our Research
Before getting into the specifics, a transparency note that matters more than any amenity list.
While researching Prestige Evergreen, we found meaningful inconsistencies across the sources that dominate search results for this project — the total township size is variously reported as 100+, 107, 108, and 125 acres; Phase 2's own land area is cited as 24, 24.7, and 28 acres across different listings; the tower count for Phase 2 is reported as both 10 and 14; and the entry-level unit price ranges from ₹92 lakh to ₹1.6 crore depending on the source, for what appears to be the same 1 BHK configuration. Some of this looks like ordinary marketing variance across broker sites; some of it has the hallmarks of SEO-farmed or AI-generated content recycling numbers with small, unverified variations layered in.
For this guide, we've prioritised details that are broadly consistent across Prestige Group's own project sites and multiple independent listing sources, and flagged explicitly wherever a number could not be reconciled. The single most important thing you can do before paying any amount toward this project is verify the RERA registration, exact unit pricing, and carpet area directly with Prestige Group's official sales office and on the Karnataka RERA portal — not from this guide or any third-party listing site.
Project Snapshot
| Attribute | Details |
|---|---|
| Project Name | Prestige Evergreen (Phase 2 of Prestige Raintree Park) |
| Developer | Prestige Group (Prestige Estates Projects Ltd) |
| Location | Varthur, off Whitefield–Varthur Main Road, East Bengaluru, near Varthur Lake |
| Broader Township | Prestige Raintree Park — total size reported between 100–125 acres across sources; verify current figure with the developer |
| Phase 2 (Evergreen) Land Area | ~24–28 acres (reported inconsistently; confirm with developer) |
| Phase 2 Towers | 10–14 towers reported across sources (verify); 3 basements + Ground + 19 floors |
| Total Phase 2 Units | ~2,000 apartments |
| Configurations | 1, 2, 3 (2T), 3 (3T), 3 + Study, and 4 BHK |
| Unit Size Range | ~659–2,513 sq ft |
| Starting Price | Reported between ₹92 lakh and ₹1.6 Cr depending on source — verify current official pricing |
| RERA Registration | PRM/KA/RERA/1251/446/PR/010126/008374 |
| RERA Approval Date | 1 January 2026 |
| Marketed Possession | June 2030 |
| Open Space | 80%+ reported across most sources |
| Metro Access (claimed) | Hope Farm metro station, Purple Line — verify actual distance and walkability |
About Prestige Group: The Developer Behind This Project
Prestige Group — legally Prestige Estates Projects Limited — is among the most credentialed developers operating in Bengaluru today, and this is worth establishing clearly before anything else in this guide.
Verified, independently corroborated facts about the developer:
- Founded in 1986 by the late Razack Sattar; headquartered in Bengaluru
- Listed on both the BSE and NSE since 2010 — institutional-grade financial transparency, with financials, project pipeline, and delivery record independently verifiable through quarterly exchange filings
- The only Indian real estate developer to hold a CRISIL DA1+ rating — the highest developer grading CRISIL issues, reaffirmed as recently as March 2026
- Also holds an ICRA A+ credit rating
- 300+ completed projects and approximately 188–206 million sq ft delivered as of 2026, across residential, commercial, retail, and hospitality segments
- Recorded its highest-ever annual sales bookings of ₹30,024 crore in FY26
- ISO 9001 certified since 2001 for management processes
- Notable Bengaluru portfolio: Prestige Shantiniketan (one of South India's largest integrated townships), Prestige Lakeside Habitat, and extensive delivered communities across Whitefield, Hebbal, Bannerghatta Road, Tumkur Road, and Hennur
What this means practically for a buyer: Prestige carries meaningfully lower developer-risk than most mid-tier or newer entrants in the Bengaluru market. The CRISIL DA1+ rating specifically reflects the agency's assessment of the company's ability to complete projects and deliver them to buyers as committed — which is the single largest risk in any under-construction purchase. Independent reviews consistently note that Prestige projects also command a resale brand premium of 10–25% over comparable non-branded developments in the same micro-market, which matters for the long-term investment case.
The honest counterpoint: Prestige rarely competes on price — its projects consistently sit at the upper-mid to premium tier for their micro-market. Some independent reviews note common buyer complaints around higher pricing relative to competitors and, in certain projects, slower snag-list rectification post-possession. These are worth weighing against the credibility premium the brand otherwise offers.
Location: Varthur, Off Whitefield Main Road
Where exactly is it?
Prestige Evergreen sits in Varthur, on Whitefield–Varthur Main Road in East Bengaluru, positioned near Varthur Lake. This puts it within the broader Whitefield micro-market — one of Bengaluru's most established IT-employment corridors — though Varthur specifically sits toward the eastern, lake-adjacent edge of that corridor rather than in Whitefield's most mature core.
Employment proximity
Varthur/Whitefield benefits from proximity to some of Bengaluru's largest and most established IT employment hubs:
- ITPL (International Tech Park Bangalore) — one of the city's oldest and largest tech parks
- EPIP Zone
- Bagmane Tech Park
- Various campuses along the broader Whitefield–ORR corridor
The metro claim: verify this specifically
Some listings cite proximity to the Hope Farm metro station on the Purple Line (Namma Metro's operational East-West corridor) as a project highlight. The Purple Line to Whitefield is indeed operational — this is one of the few projects in this research series where the cited metro connectivity refers to a line that is actually running, not merely proposed. However, actual walking distance and convenience from the specific project site to Hope Farm station varies by source and was not independently confirmed for this guide. Verify the actual distance and route to the nearest functioning metro station during a site visit, rather than relying on a brochure's stated proximity.
Price appreciation context
Property prices in the broader Whitefield–Varthur belt have increased by approximately 80% since 2020, according to multiple independent market trackers — positioning this corridor among the stronger-performing zones in East Bengaluru over the past several years. As with any such figure, this is a corridor-wide average; performance within specific micro-pockets, including the immediate Varthur Lake vicinity, will vary.
Master Plan: Part of a Much Larger Township
Prestige Evergreen is Phase 2 of the broader Prestige Raintree Park township — Prestige Group's largest project in the Whitefield micro-market. Phase 1 (the original Raintree Park launch, announced August 2024) offers larger-format 3, 4, and 5 BHK units at a more premium price point (₹2.8–4.9 Cr range per some listings), while Phase 2 (Evergreen) was positioned as a more accessible entry point into the same integrated township, launched January 2026.
What the full township is planned to include
- A live-work-play ecosystem featuring an on-site commercial hub (variously reported as 22–25 acres) including a mall and tech park component
- A large-format clubhouse — reported between 89,000 sq ft and 100,000 sq ft depending on source, likely reflecting different stages of the design finalisation
- Multiple swimming pools including a heated/indoor pool in Phase 1
- Extensive landscaped grounds, with 80%+ open space cited consistently across sources
The buyer-relevant point: as with any large multi-phase township, the full live-work-play vision — the mall, the tech park, and the complete clubhouse ecosystem — will materialise progressively as different phases and components are delivered over several years. If the on-site retail and commercial ecosystem is a significant part of your decision to buy here, get specific written clarity from Prestige on the delivery timeline for those components relative to your own Phase 2 possession date.
Unit Configurations and Pricing
This is the area where source data disagreed most, so treat the figures below as an indicative range and confirm the current, official price sheet with Prestige Group directly.
| Configuration | Size Range (sq ft) | Reported Starting Price |
|---|---|---|
| 1 BHK | ~659–976 | ₹92 lakh to ₹1.1 Cr (reported inconsistently) |
| 2 BHK | ~1,150–1,526 | ₹1.6 Cr to ₹2 Cr (reported inconsistently) |
| 3 BHK (2T) | ~1,450–1,504 | ₹2.01 Cr to ₹2.55 Cr |
| 3 BHK (3T) | ~1,600–1,951 | ₹2.21 Cr to ₹3 Cr |
| 3 BHK + Study | ~1,991–2,050 | ₹2.68 Cr to ₹3.45 Cr |
| 4 BHK (+ Maid) | ~2,250–2,520 | ₹3.07 Cr to ₹4.25 Cr |
Some sources cite an introductory rate of approximately ₹15,800 per sq ft at pre-launch. Given the spread in entry pricing across sources — some of which may reflect pricing at different points across January–August 2026 as the project has moved from pre-launch to active sales — treat every number in this table as a starting point for a conversation with Prestige's sales team, not as the price you should expect to pay.
What the base price doesn't include
Standard for any Indian under-construction purchase, budget for the following above whatever base price is confirmed:
| Cost Head | Typical Range |
|---|---|
| GST (under-construction) | 5% of base price |
| Stamp Duty (Karnataka) | ~5% of property value |
| Registration | ~1% of property value |
| Preferential Location Charges (PLC) | Lake-facing units, higher floors |
| Car parking | Often charged separately |
| Clubhouse corpus fund | One-time; confirm in writing |
Budget approximately 11–14% above whatever base price you're quoted, before interior work.
Amenities: What's Consistently Reported
Unlike the pricing and acreage figures, the amenity description for Prestige Evergreen is reasonably consistent across sources, which lends it more credibility.
Within the Phase 2 clubhouse
- Swimming pools (separate adult and kids' pools)
- Fully equipped gymnasium and fitness studio
- Multi-purpose sports courts — badminton, basketball, tennis
- Indoor games room
- Yoga and meditation pavilions
- Creche and daycare facilities
- Co-working and business lounges
- Party hall and multipurpose event spaces
- A "New York-style Times Square-themed" social zone (as described in Prestige's own project materials) — an unusual design element worth seeing in person rather than judging from a brochure description
Outdoor and landscape
- Jogging and cycling tracks with curated landscaping
- Dedicated children's play areas and toddler zones
- Senior citizen sit-out areas and wellness gardens
- A "Floating Deck" and "Eco Pond" — cited as specific 2025-era design features in some listings
- Car-free internal roads for pedestrian safety
- EV charging stations
Security and daily convenience
- 24/7 security with CCTV surveillance and gated entry
- Dedicated visitor parking
Overall, sources describe 40–60+ curated lifestyle amenities — the exact figure varies, but the underlying amenity list itself is fairly consistent, which suggests this part of the marketing material reflects the actual design brief more reliably than the acreage and pricing figures.
RERA Status and Legal Details
What's confirmed
Prestige Evergreen (Phase 2 of Raintree Park) is registered under Karnataka RERA:
RERA Number: PRM/KA/RERA/1251/446/PR/010126/008374
Approval Date: 1 January 2026
Marketed Possession: June 2030
This RERA number appears consistently across multiple independent sources, including structured schema data on project listing pages, which gives it reasonable credibility. Phase 1 of Raintree Park carries a separate, earlier RERA registration (reported as PR/270824/006981), reflecting its August 2024 launch.
How to verify yourself
- Go to rera.karnataka.gov.in
- Search "Prestige Evergreen" or "Prestige Raintree Park Phase 2," or enter the RERA number above
- Confirm: promoter name matches Prestige Estates Projects Ltd (or the specific project SPV Prestige uses), the address matches Varthur/Whitefield, unit configurations and carpet areas match your quote, and the possession date is June 2030
- Cross-check escrow account details and any quarterly progress disclosures
As with any under-construction purchase, never pay any amount — including a refundable EOI — based solely on a brochure or third-party listing. Verify live on the government portal.
On possession timeline
The marketed possession date is June 2030 for Phase 2. Given the January 2026 RERA approval, this represents roughly a 4.5-year construction and delivery window from registration, which is within normal range for a project of this scale from an established developer. As always, treat this as a target date and build in a reasonable buffer.
The Investment Case
1. Developer credibility significantly de-risks the under-construction period
This is the strongest argument for Prestige Evergreen specifically. A CRISIL DA1+ rated, NSE/BSE-listed developer with a 40-year track record and 300+ completed projects represents about as low execution risk as exists in the Indian residential real estate market. For buyers whose primary concern is "will this project actually get built and delivered on a reasonable timeline," Prestige's credentials are a meaningfully stronger answer than almost any other developer active in Bengaluru today.
2. Entry into an established, appreciating corridor
The Whitefield–Varthur belt has appreciated approximately 80% since 2020 according to independent trackers — this is a mature, proven corridor rather than a speculative emerging one. The trade-off, as with any established corridor, is that the steepest part of the appreciation curve may already be behind it relative to genuinely emerging areas. Investors should weigh "proven, lower-risk appreciation" against "higher potential, higher-risk appreciation" in a newer corridor as a matter of personal risk tolerance.
3. Phase 2 pricing positioned as more accessible than Phase 1
Evergreen was explicitly positioned as a more accessible entry point into the Raintree Park ecosystem relative to Phase 1's larger-format, higher-ticket units. If the lower end of the reported pricing range (closer to ₹92 lakh–1.1 Cr for a 1 BHK) holds up under direct verification, this represents an unusually accessible entry point into a CRISIL DA1+-rated developer's flagship Whitefield township — a combination that is relatively rare in this price band.
4. Resale brand premium
Independent market reviews consistently note that Prestige-branded projects carry a 10–25% resale premium over comparable non-branded developments in the same micro-market. For an investor with a medium-to-long exit horizon, this brand premium is a genuine, repeatedly-observed market phenomenon in Bengaluru, not marketing claim.
What the investment case depends on
- Verifying the actual current pricing. Given the spread across sources, the entry-level value proposition depends heavily on what Prestige is actually quoting today — verify this before making any return calculations.
- Full township delivery. The live-work-play elements (mall, tech park) that support the long-term lifestyle and value proposition will take years beyond Phase 2's own possession date to materialise.
- Micro-market maturity. As a well-established corridor, Whitefield–Varthur's future appreciation is likely to be steadier and more moderate than a genuinely emerging micro-market — appropriate for investors prioritising capital preservation and brand-driven appreciation over maximum growth potential.
Who This Project Suits — And Who Should Think Twice
This project may suit you if
- Developer credibility and delivery certainty are your top priority — Prestige's CRISIL DA1+ rating and 40-year track record are hard to match
- You want exposure to the established Whitefield–Varthur corridor and value proximity to ITPL and the broader Whitefield IT ecosystem
- You're comfortable paying a brand premium in exchange for materially lower execution risk and stronger long-term resale liquidity
- You want the accessible end of the Prestige portfolio — Phase 2 was specifically positioned as more affordable than Phase 1's larger units
- You value amenity depth and are drawn to the "live-work-play" township vision, even knowing full delivery will take years
Think carefully before booking if
- You need airtight, single-source pricing certainty before engaging — given the data inconsistencies across public sources for this specific project, you will need to do more direct verification legwork with Prestige's sales team than for a project with cleaner public information
- You're looking for the steepest possible appreciation curve — an established corridor like Whitefield–Varthur, and a project from a scale developer like Prestige, is generally a lower-volatility, steadier-return proposition than an emerging-corridor project from a smaller developer
- Budget is extremely tight — Prestige projects consistently carry a premium over non-branded alternatives in the same micro-market
- You need possession sooner than mid-2030
Buyer Due Diligence Checklist Before Booking
- Verify RERA registration on rera.karnataka.gov.in using PRM/KA/RERA/1251/446/PR/010126/008374; confirm current status and any filed updates
- Get the current, official price sheet directly from Prestige's sales office — do not rely on any third-party listing figure, given the inconsistencies found in public sources
- Confirm the exact carpet area for your chosen unit — not the super built-up area quoted in marketing material
- Clarify the actual total township acreage and Phase 2's specific land area directly with the developer, given the range of figures reported publicly
- Confirm tower count and your specific tower's floor/unit layout before booking
- Ask specifically which township-level amenities (mall, tech park, full clubhouse) will be delivered alongside Phase 2 possession versus in a later phase
- Verify actual walking/driving distance to Hope Farm metro station during a site visit
- Get your bank's written loan approval for this specific phase and RERA number
- Get the complete cost sheet — base price + GST + stamp duty + registration + PLC + parking + corpus fund — before paying any EOI
- Visit the site in person and review the model apartments (reported as open for buyer visits as of July 2026)
- Get the possession date and delay-compensation clause in writing for your specific tower
- Engage an independent property lawyer to review the sale agreement before signing
Frequently Asked Questions
Q: Is Prestige Evergreen the same as Prestige Raintree Park? Prestige Evergreen is Phase 2 of the larger Prestige Raintree Park township. Phase 1 (launched August 2024) offers larger 3, 4, and 5 BHK units at a higher price point; Phase 2 (Evergreen, launched January 2026) was positioned as a more accessible entry into the same township with a wider range of configurations from 1 BHK upward.
Q: What is the RERA number, and is it verified? PRM/KA/RERA/1251/446/PR/010126/008374, approved 1 January 2026. This number appears consistently across independent sources. Verify it live on rera.karnataka.gov.in before paying anything.
Q: Why do different websites quote different starting prices? Public listing sources for this project show meaningful inconsistency — the 1 BHK starting price is quoted anywhere from ₹92 lakh to ₹1.1 Cr, and the 2 BHK from ₹1.6 Cr to ₹2 Cr, across different sources. This may reflect pricing at different points in time as the project has moved from pre-launch through 2026, genuine reporting errors, or SEO-driven content reusing outdated figures. Get the current official price sheet directly from Prestige's sales team.
Q: Is Prestige Group a trustworthy developer? Yes, by essentially every objective measure available. Prestige is the only Indian real estate developer to hold a CRISIL DA1+ rating (the highest grade), is listed on the BSE/NSE since 2010, has completed 300+ projects and delivered 188–206 million sq ft, and posted record FY26 sales bookings of ₹30,024 crore. This is among the strongest developer credibility profiles available in the Bengaluru market.
Q: How big is the total township, really? Sources report the total Prestige Raintree Park township at anywhere from 100 to 125 acres, with Phase 2 (Evergreen) specifically reported between 24 and 28 acres. Confirm the current, exact figures with Prestige directly — the underlying inconsistency in public sources doesn't necessarily reflect anything wrong with the project itself, but it does mean you shouldn't rely on any single third-party number.
Q: When will possession happen? The marketed possession date for Phase 2 (Evergreen) is June 2030. As with any under-construction project, treat this as a target and build in a reasonable buffer for potential delays.
Q: Is the metro really nearby? Some sources cite proximity to Hope Farm metro station on the operational Purple Line. Unlike some other new-launch projects where "upcoming metro" refers to an unbuilt line, the Purple Line to Whitefield is genuinely operational — but verify the actual distance and practical walkability from the specific project site during a site visit, since this was not independently confirmable from public sources for this guide.
Final Word
Prestige Evergreen presents an interesting split profile: on the developer-credibility dimension, this is about as strong a case as exists in Bengaluru's residential market today — a CRISIL DA1+ rated, listed, 40-year-track-record developer building in an established, appreciating East Bengaluru corridor. On the information-clarity dimension, this is one of the messier projects to research publicly, with genuine inconsistencies across acreage, tower count, and pricing that a careful buyer needs to resolve directly with the developer rather than trusting any single source, including this one.
Neither of these facts should be surprising for a large, actively-selling project from a major developer — high-volume marketing across dozens of broker and listing sites naturally produces this kind of noise. But it does mean the diligence burden on a Prestige Evergreen buyer shifts slightly: less about worrying whether the developer will deliver, and more about doing the legwork to nail down exactly what you're being quoted, in writing, before you commit.
If Prestige's brand and delivery certainty is what you're paying for, and you do that verification work properly, this is a credible project to shortlist.
This article is independent editorial content based on publicly available information as of September 2026, including Prestige Group's own project communications, CRISIL rating disclosures, and multiple third-party research and listing sources. It does not constitute investment, legal, or financial advice, and AnviRealty has no commercial relationship with Prestige Group related to this article. Given the inconsistencies identified in publicly available data on this specific project's acreage and pricing, readers are strongly urged to independently verify all facts — particularly current pricing, exact land area, and RERA registration — directly with Prestige Group and the Karnataka RERA authority before making any purchase decision.
Published by AnviRealty — Bengaluru's data-driven real estate advisory platform.
