Prestige Ivy Green RERA
Prestige Ivy Green is a standalone gated community by Prestige Group at Varthur Road, Whitefield, East Bengaluru. The RERA registration number for this project has not been published yet. We will update this page as soon as it is officially released by the Karnataka Real Estate Regulatory Authority.
We do not display an estimated, provisional, or placeholder RERA number on this page. This is intentional — until a project is registered and the number is confirmed by the authority, quoting or reusing any number would be misleading. Please check back here, or contact us directly, for the confirmed registration details.
Below is an honest summary of what is currently known about the project, along with general information on how RERA registration works and protects homebuyers once it is in place.
Project Snapshot
Here is what is currently confirmed for Prestige Ivy Green. Fields that are not yet officially released are marked clearly rather than estimated.
| Detail | Status |
|---|---|
| Project Name | Prestige Ivy Green |
| Developer | Prestige Group |
| RERA Registration Number | To be updated upon official RERA registration |
| Location | Varthur Road, Whitefield, East Bengaluru |
| Land Area | Approx. 7 acres |
| Total Units | Approx. 550 apartments |
| Configurations | Premium 1, 2 and 3 Bed homes |
| Construction Status | To be updated upon official confirmation |
| Possession Timeline | To be updated upon official confirmation |
How RERA Protects Homebuyers, in General
RERA (the Real Estate Regulation and Development Act) sets out standard protections that apply to any registered residential project in Karnataka. These protections will apply to Prestige Ivy Green once its registration is complete. Here is a general overview, based on the law itself rather than any project-specific claim:
1. Carpet Area Based Pricing
Under RERA, a registered project must quote and sell units based on exact carpet area, not ambiguous super built-up figures. For Prestige Ivy Green, current configuration sizes are listed as 1 Bed from 650–750 Sq.Ft, 2 Bed from 1,050 to 1,300 Sq.Ft, and 3 Bed from 1,550 to 1,850 Sq.Ft. Official RERA-verified carpet area figures will be published once registration is complete. See current floor plans for reference.
2. The Escrow Account Safeguard
RERA law requires that at least 70% of the funds collected from buyers on a registered project be deposited into a dedicated escrow account. This money can be used only for construction and land costs on that project, which helps reduce the risk of fund diversion and delays. This safeguard becomes applicable to Prestige Ivy Green once it is formally registered.
3. Layout and Plan Integrity
Once a project's layout, structures, and common areas are registered with RERA, the developer cannot make major changes to the sanctioned plans without the consent of buyers. This protects the plans that were sold to homebuyers at the time of booking.
Prestige Group is a Bangalore-headquartered developer in business since the mid-1980s, with a diversified, multi-decade portfolio across residential, retail, hospitality, and commercial real estate in multiple Indian cities. This track record does not substitute for RERA registration, and we will not claim registration status for Prestige Ivy Green until it is officially confirmed.
Checking Project Registration Online
Homebuyers can independently verify the registration status of any project by visiting the official Karnataka RERA online portal. Once Prestige Ivy Green is registered, its number and details will appear there, and we will update this page to match.
Frequently Asked Questions (FAQs)
1. Is the Prestige Ivy Green project officially registered with RERA?
The RERA registration number has not been published yet. We will update this page as soon as it is officially released. We do not display an estimated or placeholder number.
2. Can I express interest in an apartment before RERA registration is complete?
Booking and Expression of Interest (EOI) details have not been published yet. Please contact us directly for the current process.
3. How will RERA protect my money once the project is registered?
By law, once a project is registered, at least 70% of the funds collected from buyers must be kept in a dedicated escrow account and used only for construction and land costs on that project. This is a standard RERA protection, and it will apply to Prestige Ivy Green once registration is complete.
4. Are apartment sizes calculated using carpet area or super built-up area?
Current configuration sizes are listed as 1 Bed from 650–750 Sq.Ft, 2 Bed from 1,050 to 1,300 Sq.Ft, and 3 Bed from 1,550 to 1,850 Sq.Ft. Under RERA, official carpet area figures must be published once a project is registered, and we will update this page with those figures at that time.
5. What is the expected possession date for Prestige Ivy Green?
A possession date has not been announced yet. This will be shared once it is officially confirmed by the developer.
6. Where can I check the certified documents and registration status?
You can check the official Karnataka RERA online portal for verified project registrations. Once Prestige Ivy Green is registered, its details will appear there, and we will update this page to match. You can also read reviews and contact us for the latest status.
7. What happens under RERA if there is a delay in project delivery after registration?
Under RERA law, once a project is registered with a confirmed timeline, a developer who fails to hand over possession within that window must pay the homebuyer interest for every month of delay until possession. This protection applies once Prestige Ivy Green is registered and a timeline is confirmed.