Prestige Olive Oak Possession Date

Prestige Olive Oak Possession Date

If you are tracking top real estate investments in North Bangalore, you must know that the Prestige Olive Oak Possession date is officially set for 31 December 2029. Located in the rapidly developing Bettenahalli corridor, this 30-acre premium plotted township by the Prestige Group is currently in its pre-launch phase. The official launch is slated for 10 December 2026, and the builder has committed to a strict timeline to ensure all 600 luxury villa plots, modern infrastructure, and 50+ clubhouse amenities are fully ready for a smooth handover by the end of 2029.

Why the 2029 Handover Timeline is Ideal for Buyers

Real estate planning requires financial foresight. A three-year window from the official 2026 launch to the December 2029 handover gives buyers and investors a distinct advantage:

  • Construction-Linked Payment (CLP): The extended timeline allows for a relaxed 10-stage payment plan. You only pay 10% at booking, 10% at registration, and subsequent 10% milestones as the internal roads, boundary walls, and infrastructure develop.
  • Capital Appreciation: Bettenahalli is a prime micro-market near major highways and the Yelahanka Metro Station. Securing a plot at the early Expression of Interest (EOI) rate (around ₹10,000 per sq. ft.) means your asset will likely see significant value appreciation by the time the township is completed and handed over.
  • Architectural Planning: Buying a plot well before possession gives you ample time to hire architects, design your luxury villa, and secure construction approvals so you can begin building the moment the plot is registered in your name.

RERA Status and Construction Progress

For any real estate investor, safety is paramount. The Prestige Group has already applied for the Karnataka RERA registration, and the official RERA number is expected shortly. Ground clearance work has commenced on-site, and the perimeter boundary walls will be constructed next. Prestige’s four-decade track record of zero compromises on quality and strictly adhering to possession deadlines makes this an incredibly secure investment.

Project Highlights at a Glance

FeatureDetails
LocationBettenahalli, North Bangalore
Project Area30+ Acres (with 4.5 acres of open space)
Total Units600 Luxury Plots
Plot Dimensions30×40 ft (1,200 sq ft) & 30×50 ft (1,500 sq ft)
Starting Price₹1.38 Crores (Special EOI rates available)

Frequently Asked Questions

1. What is the exact Prestige Olive Oak Possession date?

The builder has scheduled the final handover and possession date for 31 December 2029.

2. When is the official launch of the project?

The project is currently accepting pre-launch EOI bookings, with the official grand launch planned for 10 December 2026.

3. Has the project received RERA approval?

The paperwork has been submitted to the Karnataka RERA board. The RERA status is currently pending, and the official registration number will be updated soon.

4. Where is the property exactly located?

The township is located on Chapparkallu Road, Bettenahalli, in North Bangalore, offering excellent connectivity to the Yelahanka Metro Station and major IT corridors.

5. What are the plot sizes available for purchase?

Buyers can choose primarily between Type A (1,200 sq. ft.) and Type B (1,500 sq. ft.) plots, along with a few odd-sized premium configurations.

6. What is the initial booking amount required?

Under the official payment plan, you need to pay 10% of the total plot cost as the booking amount to secure your unit.

7. Are there any early-bird price benefits before possession?

Yes, buyers who register during the EOI phase can lock in a special rate of ₹10,000 per sq. ft., bringing the starting price of a 1,200 sq. ft. plot down to approximately ₹1.20 Crores before the official launch.