Prestige Palm Springs


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Prestige Palm Springs is a luxury residential apartment project by the Prestige Group, located in the prime Ashok Nagar (St. Marks Road) area of Central Bangalore. The project was completed in January 2003 and is considered a legacy development. Even though it was built before RERA, resale transactions now follow Karnataka RERA rules. The project sits on a prime, boutique plot and has a low-density, low-rise design, offering only a few exclusive units for privacy. It features premium 3 BHK apartments with spacious sizes of 2,400 to 2,600 sq. ft. As of 2026, resale prices for these luxury homes range from ₹3.3 Cr to ₹3.6 Cr+, showing the long-lasting value of one of Bangalore's most prestigious addresses.

Address


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The official address of the project is St. Marks Road, Shanthala Nagar, Ashok Nagar, Central Bengaluru - 560001. The location is one of Central Bangalore's most prestigious and high-profile areas. This prime location makes Prestige Palm Springs a great investment and offers residents the perfect mix of city life and peaceful living. It is in the heart of Bangalore, surrounded by important commercial, cultural, and lifestyle hubs.

  • Cubbon Park: About 800 mtrs
  • Kanteerava Stadium: 1.5 km
  • UB City Mall: 900 mtrs
  • Brigade Road & MG Road: 1 km
  • Mallya Hospital: 800 meters
  • St. Philomena’s Hospital: 2 km
  • St. Joseph’s Boys’ High School: 500 mtrs
  • Bishop Cotton Girls’ School: 1.2 km
  • Metro Access: Cubbon Park Metro Station and MG Road Metro Station (Purple Line) are within 1.5 kilometres, giving easy and smooth travel to East Bangalore (Whitefield) and West Bangalore.

Master Plan


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The Master Plan of Prestige Palm Springs shows the old Bangalore style with a small and premium layout. It is not a big township, but a low-density project with fewer homes and more privacy. The buildings are low-rise (G+3 or G+4 floors), so the place does not feel crowded and matches the green, calm area of St. Marks Road. There are only a limited number of apartments, which makes it quiet and peaceful. A good part of the land is used for gardens and open spaces, which is rare in such a central location. The design is simple and classic, with big windows and wide balconies for fresh air and sunlight. The project has only 3 BHK apartments, and all homes are large in size (2,400 to 2,600 sq. ft.). The layout is planned well, with no wasted space, and includes big living and dining areas, spacious bedrooms, and a helper’s room. There is one main entry and exit for safety, along with covered parking to keep the area neat. Even though it is a small project, it still has basic amenities like a swimming pool, gym, and clubhouse, placed in quiet corners for more privacy.

Floor Plan


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The floor plans at Prestige Palm Springs are made for people who want more space and privacy. The homes are much bigger than most modern apartments. The project has only 3 BHK homes, so all layouts are similar and give a bungalow-like feel inside an apartment.

Unit Sizes and Layout

Each apartment is 2,400 to 2,600 sq. ft., so all rooms are big and easy to use.

  • Living and Dining: The plan has a large open living and dining area, which is the main space of the home and usually opens to a big balcony.
  • Bedrooms: All three bedrooms are spacious, with enough space for king-size beds and wardrobes. Most homes have attached bathrooms for each bedroom.
  • Kitchen: A large kitchen with a separate utility area for washing and daily work.
  • Staff Quarters: Many homes have a separate room and bathroom for staff, with a different entry for better privacy.

Key Design Features

  • Three-Side Open: Most homes are open on three sides, so they get more sunlight and fresh air, which is rare today.
  • Large Balconies: Homes have wide balconies that look out to the green areas of Ashok Nagar.
  • Privacy-First Design: The layout is planned so that the main doors do not face each other, giving a quiet and private entry to each home.

Price


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As of 2026, the price of Prestige Palm Springs Ashok Nagar shows that it is one of the most premium and rare addresses in Central Bangalore. Since this is an old completed project, all sales happen in the resale market. Prices are high mainly because of the prime Ashok Nagar location and the limited number of large 3 BHK homes in this area.

The resale price of apartments in 2026 is usually between ₹3.3 Crore to ₹3.8 Crore+.

  • Standard 3 BHK (around 2,400 sq. ft.): ₹3.30 Cr – ₹3.50 Cr
  • Large 3 BHK (around 2,600 sq. ft.): ₹3.58 Cr – ₹3.80 Cr

Note: Prices can change based on the floor level, interior condition (many homes are upgraded), and the number of car parking spaces.

The price in the Ashok Nagar/St. Marks Road area has grown steadily. For this project, the rate is about: ₹13,750 – ₹15,800 per sq. ft.

This location gets high rental demand because it is close to UB City and the Central Business District (CBD).

  • Monthly Rent: ₹1.2 Lakh – ₹1.6 Lakh
  • Tenants: Senior corporate employees, expats, and professionals who work near MG Road and the High Court.

Here is a Comparison table since the launch of the project.

Year Estimated Avg. Price Market Status
2003 (Launch) ₹45 Lakh - ₹60 Lakh Original Booking
2015 (Resale) ₹2.10 Cr - ₹2.40 Cr Mature Secondary Market
2026 (Current) ₹3.30 Cr - ₹3.80 Cr High-Demand Legacy Asset

Additional Costs to Consider

When buying a resale home, buyers should also plan for the following costs

  • Stamp Duty & Registration: About 5–6% of the property value
  • Transfer Charges: Paid to Prestige Group for ownership update
  • Renovation Cost: Around ₹20 Lakh – ₹40 Lakh, as the project is about 20+ years old

Amenities


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Prestige Palm Springs offers world-class amenities for a comfortable and private lifestyle. Even though it is a small and premium project, it has all the basic facilities like a gym, swimming pool, and a children’s play area, all inside a gated community. The project focuses on safety and ease of living, with 24/7 power backup, round-the-clock security with CCTV, and maintenance staff to take care of daily needs. Residents can also enjoy green gardens, a clubhouse for small gatherings, and covered car parking. Overall, it provides a peaceful and well-managed living space in the centre of the city.

Reviews


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People living at Prestige Palm Springs usually give it high ratings of around 4.5 out of 5. They like it mainly for its prime location on St. Marks Road and the large 3 BHK homes, which feel more like a private house than an apartment. Many residents also mention that the construction quality is strong and the area remains quiet and peaceful, even though it is in Central Bangalore. Some feel that the gym and swimming pool are smaller compared to newer projects, but overall, they still see it as a high-quality place to live. In general, it is considered a good option for comfortable living in a well-known location.

Prestige Group Prelaunch Project is Prestige Golden Grove.

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