Prestige Falcon City Reserve at a Glance
Everything a buyer can pin down about Prestige Falcon City Reserve today fits in one table, and so does everything still to come.
| Item | Detail | Status |
|---|---|---|
| Name | Prestige Falcon City Reserve, which Prestige lists as The Falcon City Reserve | Published by Prestige |
| Developer | Prestige Group (Prestige Estates Projects Limited) | Published by Prestige |
| Location | Kanakapura Road at Konanakunte, South Bengaluru, Bengaluru 560062 | Exact parcel not yet published |
| Developable area | 4.38 million sq ft | May change with the final design, Prestige notes |
| Prestige's economic interest | 76%, or 3.33 million sq ft attributable to Prestige | Published by Prestige |
| Segment | Premium, moved up from Mid-Segment in May 2026 | Published by Prestige |
| Planned sales value | About ₹5,744 Cr | Published by Prestige |
| Planned launch | FY27 (April 2026 to March 2027) | No launch date announced |
| Launch status | Not yet launched (as at 24 September 2026) | Listed in July 2026 among launches planned for upcoming quarters |
| K-RERA | K-RERA: not yet registered | No registration number issued |
| Plan sanction and other approvals | Not yet published | The registration will fix the sanctioned plan |
| Land area, towers, floors and homes | Not yet published | Fixed by the K-RERA registration |
| Carpet area of each home | Not yet published | Fixed by the K-RERA registration |
| Price | Price list at launch - Prestige has not published prices | Prices not yet published by Prestige |
| Possession | Not yet announced | A completion date is committed at registration |
| Promoter company | Not yet named | Named when the project registers |
The pattern is simple: Prestige has published the project-level numbers, and the registration will publish the home-level ones.
Prestige Falcon City Reserve and the Falcon City Township
The Falcon City township on Kanakapura Road already has its mall, its metro station and a completed first phase, and the Reserve's name ties it to that township. Prestige has not yet published the Reserve's exact parcel.
When the township's first phase was registered with K-RERA in 2017, its description recorded a second phase as under planning. It is expected to be part of the Falcon City township's next residential chapter, so buyers waiting for the Prestige Falcon City new phase should follow it closely. Buyers who followed the project earlier may know it by another name: it was earlier called Prestige Falcon City Luxe, and Prestige's July 2026 update lists it as The Falcon City Reserve.
The township itself gives the Reserve its context. Prestige describes the Falcon City township as 41 acres. Its first phase of 2,520 homes in five towers of 31 floors received its occupancy certificate in May 2019 and is completed and sold out, and Forum South Bengaluru has stood on the township's Kanakapura Road frontage since December 2022. How those pieces sit on the ground is mapped on the Prestige Falcon City Reserve master plan page.
One naming trap is worth knowing. Until May 2026 Prestige's plans also listed a second retail phase of Forum South Bengaluru, a separate commercial project, so a Falcon City retail expansion is not the same thing as the Reserve's homes.
Prestige Falcon City Reserve by the Numbers
Four figures set the scale of Prestige Falcon City Reserve, and each one measures something specific.
| Figure | Value | What it measures |
|---|---|---|
| Developable area | 4.38 million sq ft | The developer's measure of the total area to be built, which Prestige notes may change with the final design |
| Prestige's economic interest | 76% | Prestige's own interest in the project; the arrangement behind the rest has not been published |
| Area attributable to Prestige | 3.33 million sq ft | Prestige's share of the developable area |
| Planned sales value | About ₹5,744 Cr | Prestige's planned sales value for the project as a whole |
Derived check: 3.33 ÷ 4.38 = 76%, our arithmetic on Prestige's figures.
None of these figures turns into a home price. Developable area is not the land area and not the carpet area a buyer will see in an agreement, and a sales value belongs to the whole development, so neither should be divided to reach a figure per home or per unit of area.
From Mid-Segment to Premium
Prestige's own view of the project has moved upmarket over the past year. Prestige classifies it as a Premium project, moved up from its Mid-Segment category in May 2026, and the planned sales value was raised in the same update to about ₹5,744 Cr, up from about ₹5,069 Cr in Prestige's November 2025 and January 2026 updates. That is an upward revision of about 13%, while the developable area stayed at 4.38 million sq ft.
| Prestige update | Segment | Planned sales value |
|---|---|---|
| November 2025 | Mid-Segment | About ₹5,069 Cr |
| January 2026 | Mid-Segment | About ₹5,069 Cr |
| May 2026 | Premium | About ₹5,744 Cr |
| July 2026 | Premium | About ₹5,744 Cr |
Derived: (₹5,744 Cr - ₹5,069 Cr) ÷ ₹5,069 Cr, an increase of about 13%. Our estimate from Prestige's figures.
For a buyer, the Premium label is a standard to hold the launch to. Ask how it shows up in the specification sheet, the unit plans and the amenity list when they are issued. It does not tell you what any single home will cost; only the price list will do that.
Prestige Falcon City Reserve Launch Timeline
The launch falls in the current financial year on Prestige's plan. Prestige has planned the launch in FY27, April 2026 to March 2027, and in July 2026 Prestige listed it among launches planned for upcoming quarters. The planned launch year has already moved once, from FY26 to FY27.
| Prestige update | Planned launch year | Where the project stood |
|---|---|---|
| November 2025 | FY26 | Upcoming, not launched |
| January 2026 | FY27 | Launch year moved from FY26 to FY27 |
| May 2026 | FY27 | Upcoming, now in the Premium segment |
| July 2026 | FY27 | Listed among launches planned for upcoming quarters |
| As at 24 September 2026 | FY27 | Not yet launched; K-RERA: not yet registered |
"Planned for upcoming quarters" means Prestige intends to launch within the coming quarters but has not fixed a quarter or a date. No launch date has been announced, whether you look for it as the Reserve's launch or as a Prestige Falcon City phase 2 launch date, so treat any specific date you are quoted as unconfirmed. The firm markers will be the K-RERA registration and Prestige's own launch announcement.
Use the wait: shortlist a configuration, check your home-loan eligibility and prepare your cost-sheet questions, so the launch finds you ready rather than rushed. When a buyer is still forming the shortlist, Nikoo Homes 9 Alpine keeps the Bengaluru lens focused on practical fit: address, product scale, configuration, timing, and paperwork clarity.
Prestige Falcon City Reserve Approvals and RERA Status
Registration is the point at which a pre-launch project's plans become commitments a buyer can hold to account, and for the Reserve that point is still ahead. Prestige Falcon City Reserve is not yet registered with K-RERA as at 24 September 2026, and no registration number has been issued. Plan sanction and the other statutory approvals have not yet been published, and the K-RERA registration is awaited.
| Item | Status as at 24 September 2026 |
|---|---|
| K-RERA registration | Not yet registered; no registration number issued |
| Plan sanction | Not yet published |
| Other statutory approvals | Not yet published |
| Civic body | Bengaluru South City Corporation, Greater Bengaluru Authority |
The area falls under the Bengaluru South City Corporation of the Greater Bengaluru Authority; the township's first phase was sanctioned by the BBMP.
The only Falcon City entry on the K-RERA register, PRM/KA/RERA/1251/310/PR/170913/000114, is the township's completed first phase. It is not the Reserve's registration; if anyone quotes it for the Reserve, ask for the Reserve's own number.
Under the RERA Act, a project can be advertised for booking and sold only after it is registered, and a promoter may not take more than 10% of the price as an advance before a registered agreement for sale. What that means for an expression of interest, and why waiting for the registration is the safer course, is set out on the price page. Check the project yourself at rera.karnataka.gov.in before you pay anything.
Title and encumbrance documents are reviewed with the agreement; ask for them with the cost sheet.
What Registration Will Confirm
Registration turns today's open questions into commitments you can check. The registration will fix the land area, the number of towers and homes, the carpet area of each home, the sanctioned plan and the completion date.
| Detail | Today | Once the project registers |
|---|---|---|
| Land area | Not yet published | Stated in the registration |
| Towers and floors | Not yet published | Stated in the registration |
| Number of homes | Not yet published | Stated in the registration |
| Carpet area of each home | Not yet published | Stated in the registration and the agreement |
| Sanctioned plan | Not yet published | Filed with the registration |
| Completion date | Not yet announced | Committed in the registration |
| Promoter company | Not yet named | Named in the registration |
| Address and survey numbers | Township address only | Stated in the registration |
The company that will hold the registration will be named when the project registers. When the number is issued, match the project name, the promoter and the address on the register with your documents before any money changes hands. Register for Prestige Falcon City Reserve launch updates and we will send the registration details once they are public.
Prestige Falcon City Reserve Overview FAQs
What is Prestige Falcon City Reserve?
Prestige Falcon City Reserve is an upcoming premium apartment project by Prestige Group on Kanakapura Road at Konanakunte, South Bengaluru. Prestige lists it as The Falcon City Reserve, with 4.38 million sq ft of developable area and a launch planned in FY27. As at 24 September 2026 it has not launched and is not yet registered with K-RERA.
What is the Prestige Falcon City Phase 2 launch date in Bangalore?
No launch date has been announced. Prestige has planned the launch for FY27, which runs to March 2027, after moving it once from FY26, and in July 2026 it listed the project among launches planned for upcoming quarters. Under the RERA Act a project can be advertised for booking only after it is registered, so a K-RERA registration for the Reserve should come before any genuine launch. Treat any specific launch date you hear before then as unconfirmed.
Was Prestige Falcon City Reserve earlier called Prestige Falcon City Luxe?
Yes. Since July 2026 Prestige has listed the project as The Falcon City Reserve; it is the same upcoming Kanakapura Road project, and the figures on this site are the current ones. Its developable area of 4.38 million sq ft is the same figure Prestige gave under the earlier name, while its segment and planned sales value were updated in May 2026.
Is this Prestige Falcon City Phase 2?
Possibly, but not officially. The name ties it to the Prestige Falcon City township, and it is expected to be part of the Falcon City township's next residential chapter; Prestige has not yet published the Reserve's exact parcel, and no registration yet gives it a phase number. The phrase hides a second trap: until May 2026 Prestige's plans also listed a second retail phase of Forum South Bengaluru, a separate commercial project, so a Falcon City phase 2 you read about may be the mall's extension rather than homes.
What does Prestige's "Premium" segment mean for this project?
Prestige classifies it as a Premium project, moved up from its Mid-Segment category in May 2026. In the same update it raised the planned sales value from about ₹5,069 Cr to about ₹5,744 Cr, an upward revision of about 13%. That is a project-level sales value across the whole development, not a price, and it cannot be turned into a figure for any single home.
When is possession of Prestige Falcon City Reserve?
No possession date has been announced. Prestige will commit to a completion date when the project registers with K-RERA, and that registered date is the one to rely on. Dates quoted before registration are not commitments.