Bangaloreprop

Prestige Tech Cloud Park

Prestige GroupDevanahalli, Bangalore

COMPLETEDCommercialRs. 1.2 Cr

Listed by Bangaloreprop · Karnataka RERA Agent Reg. No. PRM/KA/RERA/1251/310/AG/171127/000886

Prestige Tech Cloud Park

Prestige Tech Cloud Park Overview

Prestige Tech Cloud Park is a completed commercial (office) project by Prestige Group in Devanahalli, North Bangalore, with handover from May 2023 onwards. It stands on Ronald Colaco Road at Navarathna Agrahara in Jala Hobli, pincode 562157. The developer has sold out its office units, so any space you buy here now comes from an owner or an investor who wants to exit. It suits investors and firms hunting for office space on the north side of Bengaluru, near Devanahalli.

Construction is complete, and handovers began in May 2023. This is a business campus, not a residential project: 33 acres, seven towers of nine floors each and 1,214 units. A campus of that size runs its own roads, security and power backup. That matters to tenants, and so to the rent an owner can expect.

The office unit on offer at launch measured about 2,500 sq ft of built-up area. With the original sale closed, the owner now sets the price, and a sensible buyer judges it against the rent the space can earn. Ask any seller whether the unit is leased, to whom, for how long and at what rent. A vacant unit and a tenanted one are very different purchases, and they deserve different prices and different checks. Ask for the last year of maintenance bills as well.

This suits an investor who wants a finished, leasable office in a large, managed campus rather than an under-construction commitment. It also suits a company that wants to own its premises in north Bengaluru. Look elsewhere if you want a home, since there are no residential units here, or if you need a small shop-front on a street. Anyone relying on quick capital growth rather than steady rent should study the local leasing market first.

Key Facts at a Glance

Property Type
Commercial
Total Land Area
33 Acres
No. of Units
1214
Towers & Blocks
7 Towers
Floors per Tower
9
Possession
May 2023 Onwards
Construction
Completed
Price
Rs. 1.2 Cr
Location
Devanahalli, Bangalore

Prestige Tech Cloud Park Price List

Unit TypeSize (SBA)All-in Price (approx.)
Office Space2500 Sq.ftSOLD OUT

Prestige Tech Cloud Park Location

30, Ronald Colaco Rd, Navarathna Agrahara, Jala Hobli, Bangalore, Karnataka 562157

About Bangalore

Where in Bangalore should you buy, and what kind of home? The answer depends less on the city as a whole than on the corridor where you work. Bangalore is a high plateau city, about 900 metres up, with the gentlest weather of any big Indian metro, and its population has roughly doubled since 2000. Most of that growth followed the software parks outward, so housing spread along a few long…

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Prestige Tech Cloud Park Specifications

Structure

  • •RCC frame with solid block walls and cement plaster
  • •Large open floor plates for a single occupier
  • •Facade in a mix of glass, ACP cladding and textured paint

Flooring

  • •IPC floors on every level
  • •Granite in the common areas, lobbies and main staircase
  • •Toilets: floors and walls to 8 ft in ceramic tile; CP and sanitary fittings from known brands

Doors and windows

  • •Flush doors, complete with fittings
  • •Aluminium windows throughout

Water

  • •Underground and overhead tanks sized for the campus
  • •Borewell for extra supply, subject to drilling permission and water being found
  • •Built-in rainwater harvesting

Lifts and security

  • •Passenger lifts plus service lifts in each section, sized for the building
  • •Professional security staff day and night
  • •CCTV cameras at key points

Electrical

  • •BESCOM grid power for every unit and the whole campus
  • •Copper wiring in concealed conduits, with power and lighting points
  • •DG backup for office areas and common spaces

Getting around from Prestige Tech Cloud Park

Prestige Tech Cloud Park stands at 30, Ronald Colaco Road, Navarathna Agrahara (Jala Hobli), pincode 562157. It is filed under Devanahalli, north of the city centre. The developer has not published distances to stations, bus routes, housing or other business districts, so we do not quote any here.

For an office, location is about how staff and visitors get in every day. Before you buy, make the trip from the parts of the city your team lives in, at the hour they would travel. Check whether company buses or shared cabs already serve the campus, and how long the journey takes in the evening. A tenant will ask the same questions before signing a lease.

Inside, 33 acres give the campus its own internal roads and drop-off points. Ask which tower the unit is in, how far it is from the main gate and whether it faces the road or the interior. Check the parking allotted to the unit, and where visitors and delivery vehicles go. A tower with easy access and parking is usually easier to lease.

Paperwork and approvals for Prestige Tech Cloud Park

Prestige Tech Cloud Park has no RERA registration number published for this campus. Request it from the owner or from Prestige Group, and look it up on the Karnataka RERA website (rera.karnataka.gov.in). For a finished building, though, the completion and title documents carry more weight than the registration entry.

A resale office purchase needs proof that the tower was built with approval, that the seller owns the unit outright and that any tenant is on proper paper. Ask for:

  • The occupancy certificate for the tower
  • The approved building plan
  • The seller's registered sale deed and the earlier title chain
  • The khata for the unit and a current tax receipt
  • An encumbrance certificate covering at least 13 years
  • The current lease deed, if the unit is let
  • A no-dues letter from the maintenance agency

Have a property lawyer review the file before you sign. At registration you receive a sale deed in your name. Then transfer the khata, the electricity account and, where there is a tenant, the lease, so that rent flows to you.

Working at Prestige Tech Cloud Park

Prestige Tech Cloud Park is planned as seven office towers, each nine floors high, spread over 33 acres, with 1,214 units between them. The share of land kept open has not been published. Ask for the approved master plan and locate the tower and floor you are being offered before you negotiate.

A working day here runs inside a managed campus. A professional security team is on duty around the clock, and CCTV cameras watch the key points. Every section has passenger and service lifts, so deliveries need not share the lifts your staff use. Each unit and the wider campus draw grid power from BESCOM, with diesel generator backup for both the office areas and the common spaces.

The facade mixes glass, aluminium composite panels and textured paint, and the lobbies are finished in granite. Water comes from underground and overhead storage tanks, with rainwater harvesting built in. The developer has not listed shared amenities such as a food court or gym, so ask what exists today. Also ask for the monthly maintenance charge per sq ft, since it comes straight out of your rental return.

Homes and prices at Prestige Tech Cloud Park

Prestige Tech Cloud Park launched an office unit of about 2,500 sq ft of built-up area, laid out as open space suited to a single occupier. The carpet area has not been published. The developer has sold its stock, so any unit you buy now carries the owner's asking price, not a list price.

For an office, judge the price against income. Ask the seller for the current lease, the monthly rent, the lock-in period and the escalation clause. If the unit is vacant, find out what similar space on the campus rents for. On a visit, check the floor-to-ceiling height, the column spacing and how much of the plate is usable.

No GST applies on the resale of a completed unit with an occupancy certificate. Stamp duty and registration are charged on the sale value, and you deduct 1% TDS where the price is above Rs. 50 Lakhs. Ask the seller for a statement that shows:

  • The agreed sale price and the area it covers
  • Stamp duty and registration on that price
  • TDS to be deducted and deposited by you
  • Pending maintenance and the deposit that transfers
  • Parking bays attached to the unit
  • Any fit-out left behind and whether it is included

Frequently Asked Questions

Where is Prestige Tech Cloud Park in Devanahalli?
The address is 30, Ronald Colaco Road, Navarathna Agrahara, Jala Hobli, pincode 562157, filed under Devanahalli on the north side of Bengaluru. Distances to transit or landmarks have not been published, so visit and time the journey your staff would make.
Can I buy office space directly from the developer?
No. The office units are sold out with Prestige Group, so any purchase now is a resale from an owner. Ask whether the unit is vacant or leased, and get a copy of any lease before you agree a price.
How large is an office unit here?
The unit offered at launch measured about 2,500 sq ft of built-up area. Carpet area has not been published. Ask the seller for the sale deed, which states the area, and check the column layout and ceiling height during a visit.
Is GST charged on a resale office unit?
No GST applies when you buy a completed unit with an occupancy certificate from an owner. Stamp duty and registration are payable on the sale value, and the buyer deducts 1% TDS where the price exceeds Rs. 50 Lakhs.
Is the campus ready for occupation?
Yes. It is complete, and owners have been able to take possession since May 2023. That means a tenant can move in soon after fit-out, which is a real advantage over office space that is still under construction.
Does the project have a RERA number?
None has been published. Request it from the owner or Prestige Group and check the Karnataka RERA website. For a finished office, the occupancy certificate, the seller's title and the khata matter even more than the registration entry.

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About the Builder

If you are looking at Prestige apartments in Bangalore, the first thing to know is how wide the choice is. The builder has homes on nearly every side of the city, from Whitefield and Sarjapura Road in the east to Devanahalli in the north and Kanakapura Road in the south. You can buy an apartment, a villa or a plot, at a finished, ongoing or newly launched project.

Ongoing: 33Completed: 58
Read more about Prestige Group →

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