Prestige Evergreen Latest News
Prestige Evergreen Latest News is that the project has received RERA approval on 01 January 2026 (RERA No. PRM/KA/RERA/1251/446/PR/010126/008374), completed its official public launch on 09 January 2026, and, as of May 7, 2026, has sold around 1,000 apartments out of 2,000 units. This means nearly 50% of Prestige Evergreen is already booked.
RERA-approved bookings are open for 2, 3 and 4 BHK apartments, as the 1 BHK units have already been fully sold out due to high investor demand in the first 60 days. Launch offers and the 10:10:80 payment plan are still live for the remaining inventory, and on-site work is progressing rapidly on internal roads, the main entry experience, and the foundation piling for the primary towers at the Varthur Road site.
Prestige Raintree Park Phase 1 is also nearly 95% sold out, which has increased buyer interest in Prestige Evergreen. Many buyers are now looking at Evergreen as the next available phase in the same Whitefield–Varthur Road location. The construction of model flats has been completed, and they are now open for guided walkthroughs following the successful launch phase. The main gate structure and the first layer of internal roads are already being worked on now, with heavy machinery mobilised for tower excavation. Pre-launch sales and early bookings started in Prestige Evergreen as it is one of the most-awaited residential projects in East Bangalore from Prestige Group, and regular RERA- approved bookings are now open after the 09 January 2026 launch.
In the weeks after launch, most enquiries and bookings have come from IT professionals working in Whitefield, Varthur and nearby tech parks, with 2 and 3 BHK layouts seeing the fastest movement. While the 1 BHK inventory is now exhausted, selected 4 BHK + Maid units and premium 3 BHK stacks are still available in the current launch slabs.
Pre-launch Expressions of Interest opened on 01 November 2025, and apartment bookings officially began with the RERA-approved launch on 09 January 2026. There are 2, 3 and 4 BHK apartments in the updated RERA size range remaining, as the 659 sq. ft. 1 BHK units are no longer available for fresh booking.
- On-spot Discount: ₹1,50,000 – ₹5,50,000
- Pre-launch Incentive: ₹3,50,000 – ₹10,00,000
- First 500 buyers benefit: Completed due to strong early bookings
- EOI (Expression of Interest) Benefit: ₹3,00,000 – ₹9,00,000
Right now, these launch-phase schemes are being used both for EOI customers from late 2025, who are converting to full bookings with their agreed benefits, and for fresh launch buyers who are getting on-spot discounts plus support under the 10:10:80 payment plan. With around 1,000 units sold by May 7, 2026, buyers are now checking tower-wise availability before the next price revision.
The latest updates have created a lot of interest because many buyers were waiting for the official launch window and final RERA approval. Since the builder is Prestige, people are treating this as a serious buy and not just an enquiry project. Prestige Group Bangalore 2026 Latest News shows that Prestige Evergreen (Phase 2 of Raintree Park) is being brought out after the successful launch of Prestige Raintree Park (Phase 1). The builder is positioning it as the next big township-style development in East Bangalore. The response so far has been very strong, mainly from people working in IT hubs in and around Whitefield and Varthur.
The current update is being shared through the marketing teams, so it reaches serious buyers first. Price offers, payment plans, and revised slabs are being published in phases. By May 2026, the project has clearly moved beyond the early launch stage, with nearly half of the inventory booked and steady site progress happening at the Varthur Road project location.
Buyers who want the exact live status on availability, remaining 2/3/4 BHK offer slabs, and payment structures are being directed to the Prestige Evergreen site office on Varthur Main Road or the official project website, where tower- wise inventory, current discounts and bank-tied loan options are updated through 2026. Buyers who want the live status of Prestige Evergreen should refer to the official project website, as new updates will be posted there from now until possession.
May 2026 Update – Latest Booking & Construction Status
As of May 7, 2026, Prestige Evergreen has sold around 1,000 out of 2,000 apartments, which means nearly 50% of the project is booked. The 1 BHK homes are fully sold out, while selected 2, 3 and 4 BHK apartments are still available. Prestige Raintree Park Phase 1 is also around 95% sold out, giving strong demand support to Evergreen.
Site work is also moving ahead across the 24.7-acre project land. Current work includes land leveling, soil movement, retaining wall work, basement preparation, foundation footing and plinth-level tasks. These works are important because the project has three basement levels, and the base has to be strong before the towers move up.
April 2026 Update – Latest Booking & Construction Status
By April 2026, Prestige Evergreen has crossed over 920+ bookings, which was the previous sales update before the May 2026 milestone. The entire 24.7-acre land excavation has been completed, and work is currently focused on the below-ground structure, including foundation work and concrete pouring for the three basement levels. This marks a key stage before vertical tower construction begins.
January 2026 Update – RERA Approved & Launch Completed:
By January 2026, Prestige Evergreen crossed two major milestones:
- RERA approval granted on 01 January 2026 (PRM/KA/RERA/1251/446/PR/010126/008374).
- Official launch and public bookings opened on 09 January.
Model flats, sales lounge and key marketing collaterals went live at the site. Channel partners and early EOI customers were allotted units as per priority, and construction mobilisation for the main towers began as per the RERA project start date of 01-01-2026.
Prestige Evergreen Latest News Highlights
- Prestige Evergreen is now RERA approved and bookings are open.
- The project was officially launched on 09 January 2026.
- Around 1,000 apartments are sold as of May 7, 2026.
- Nearly 50% of the 2,000-unit inventory is already booked.
- 1 BHK units are fully sold out.
- Selected 2, 3 and 4 BHK homes are still available.
- Prestige Raintree Park Phase 1 is around 95% sold out.
- Model flats are open for buyer visits.
- Construction work is active at the Varthur Road site.
Prestige Evergreen Key Dates
| Milestone / Event | Date / Timeline | Current Status |
| Pre-Launch / EOI Start | 01 November 2025 | Active / Started |
| RERA Approval | 01 January 2026 | Approved |
| Official Launch | 09 January 2026 | Launched |
| 1 BHK Units | March 2026 | Sold Out |
| Previous Sales Update | April 2026 | 920+ units sold |
| Latest Sales Update | May 7, 2026 | 1,000 units sold |
| Current Booking Status | May 2026 | Nearly 50% sold |
| Raintree Park Phase 1 | May 2026 | Around 95% sold out |
| Project Completion (RERA) | 30 June 2030 | Scheduled |
| Possession Date | 30 June 2030 | Expected |
Why This Latest News Is Important for Buyers
This latest update is important because Prestige Evergreen is no longer in the early enquiry stage. The project is already RERA approved, launched, and has crossed around 1,000 bookings. Buyers who were waiting for launch clarity can now check live tower-wise availability, remaining 2, 3 and 4 BHK units, current offers, and payment plan options before the next price change.
Frequently Asked Questions
1.What is the latest news about Prestige Evergreen?
The latest news is that Prestige Evergreen has sold around 1,000 apartments as of May 7, 2026. The project is RERA approved, officially launched, and bookings are open for selected 2, 3 and 4 BHK homes.
2.Is Prestige Evergreen RERA approved?
Yes. Prestige Evergreen received RERA approval on 01 January 2026. The RERA number is PRM/KA/RERA/1251/446/PR/010126/008374.
3.How many units are sold in Prestige Evergreen?
As of May 7, 2026, around 1,000 out of 2,000 apartments have been sold in Prestige Evergreen, which is nearly 50% of the project inventory.
4.Are 1 BHK units available in Prestige Evergreen?
No. The 1 BHK units in Prestige Evergreen are sold out. Buyers can still check selected 2, 3 and 4 BHK apartments based on live availability.
5.What is the current construction status of Prestige Evergreen?
As of May 2026, site work is moving ahead with land leveling, retaining wall work, basement preparation, foundation footing and plinth-level tasks across the project land.
6.What is the possession date of Prestige Evergreen?
The RERA possession date of Prestige Evergreen is 30 June 2030.