Prestige Padil is an upcoming residential township spanning 23 acres in East Mangaluru. The development features approximately 1,900 apartments across 10 high-rise towers, offering 1, 2, 3, and 4 BHK layouts. Below are answers to frequently asked questions from prospective buyers.
| Parameter | Details |
| Project Name | Prestige Padil Mangaluru |
| Developer | Prestige Group |
| Location | Padil, East Mangaluru |
| Total Area | 23 acres |
| Towers | 10 (G+20 to G+24 floors) |
| Total Units | 1,900 apartments |
| Configurations | 1, 2, 3, 4 BHK |
| Size Range | 650 – 2,600 sq ft |
| Status | Pre-launch |
| Expected Launch | January 2027 |
The project is in Padil, East Mangaluru, Karnataka. It has road access via NH 66, NH 75, NH 73, and NH 169. Padil Nanthoor Road also connects to the site.
Prestige Group (Prestige Estates Projects Ltd) is the developer. The company was founded in 1986 and is based in Bangalore. It has delivered 300+ projects across India.
Featuring floor plans spanning 650 to 2,600 sq. ft., the development provides a wide selection of 1, 2, 3, and 4 BHK residential layouts.Buyers can choose a size that fits their family needs and budget.
The 1 BHK apartments are 650 to 750 sq ft. Prices start at Rs 52 Lakhs. These units suit singles and young couples.
The 2 BHK apartments are 1,000 to 1,300 sq ft. Prices start at Rs 80 Lakhs. These are the most popular units in the project.
The 3 BHK apartments are 1,550 to 1,900 sq ft. Prices start at Rs 1.52 Crores. These suit families that need more space.
The 4 BHK apartments are 2,200 to 2,600 sq ft. Prices range from Rs 1.76 Crores to Rs 2.08 Crores. These are the premium units in the project.
The base rate is Rs 8,000 per sq ft. Floor rise charges apply for higher floors. Park-facing and corner units carry a preferred location charge (PLC).
The project has 10 towers with about 1,900 apartments. Each tower is G+20 to G+24 floors. The towers are spaced so no two units face each other directly.
About 60% of the 23-acre site is kept as open space. This includes gardens, green zones, and community areas. The layout gives good light and air to all apartments.
The payment plan is construction-linked with 10 instalments. Buyers pay 10% at booking. The remaining payments are made as each floor is completed. The final 10% is paid at possession.
Stamp duty is about 5% of the registered value. Registration is about 1%. GST at 5% applies on under-construction apartments. These are Karnataka government rates.
RERA registration is applied and expected before the January 2027 launch. Buyers should check the Karnataka RERA portal before booking. Do not pay the full booking amount until RERA is confirmed.
The official launch is planned for January 2027. Possession timing will be confirmed at launch. Buyers should ask the sales team for the full project schedule.
Mangaluru International Airport at Bajpe is 15 to 18 km away. It is reachable in about 30 minutes via NH 66.
Mangaluru Central Railway Station is 3 to 4 km from the project. Daily travel by train is easy from Padil.
The Kulshekar Padil IT Zone is 3.5 km from the project. This makes the location practical for professionals in the tech sector.
KMC Hospital is 5.7 km from the site. Padil is a well-served area with hospitals and clinics within a short drive.
Yes, NRIs can buy this property under FEMA regulations. NRI buyers should consult a legal advisor for the required documents and repatriation rules.
Prestige Padil Mangaluru is planned as a gated township with 24/7 security. Full security and facility details will be shared at the official launch in January 2027.
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