17 acres. Grade A IT office campus at Devanahalli — Bangalore's fastest-appreciating commercial corridor, adjacent to Kempegowda International Airport (KIA). Prestige Group — South India's largest developer, 40-year track record, 100+ delivered Bangalore projects. RERA-registered. Premium glass-and-steel Grade A offices with large floor plates. North Bangalore's airport corridor commands highest long-term NRI commercial appreciation.
Prestige Tech Cloud is a 17-acre Grade A IT office campus at Devanahalli in North Bangalore — the corridor that directly connects Bangalore's Kempegowda International Airport to the city. The airport corridor is Bangalore's fastest-appreciating real estate zone, following the same trajectory as Hyderabad's HITEC City and Pune's Hinjewadi in their growth phases.
The campus is designed with large floor plates ideal for IT, GCC, and pharma companies seeking North Bangalore's airport connectivity. Premium glass-and-steel architecture, landscaped grounds, cafeteria, retail, and gym within the campus boundary. Prestige Group has already delivered two major North Bangalore commercial campuses — Prestige Tech Cloud is the third in the airport-adjacent Devanahalli zone.
North Bangalore office commands GCC premium: companies that serve international clients prefer airport-adjacent offices for ease of client visits and executive travel. This premium translates directly into higher rents and stronger yield stability versus ORR or Whitefield offices.
Prestige Tech Cloud — Devanahalli, Bangalore — Payment Structure
Bangalore's planned Airport Metro Line (connecting KIA to MG Road in 45 minutes) will be the most transformative infrastructure event in North Bangalore's history. Office properties adjacent to confirmed station catchments are consistently repriced 20-35% upward as metro construction progresses.
Global Capability Centres specifically seek airport-adjacent offices for international executive access. As GCC count grows from 500 to 700+ in Bangalore, North Bangalore airport corridor is the first choice for new GCC campus searches. Prestige Tech Cloud is positioned at the centre of this demand.
Prestige has already delivered profitable commercial assets in North Bangalore. Buyers of earlier Prestige North Bangalore commercial assets have seen both rental yield and capital appreciation. Tech Cloud buyers have delivered projects to benchmark against — the demand is not speculative.
NRIs can freely buy commercial property in India under FEMA. No RBI approval needed. Funds must route through NRE, NRO, or FCNR banking channels.
Payments from NRE accounts have no LRS (USD 250K/year) limit. Use NRE for commercial property — no annual remittance ceiling.
Power of Attorney allows complete remote purchase without visiting India. IA Wealth coordinates POA, RERA verification, and registration.
GST-registered buyers can claim input tax credit on commercial purchases, reducing effective cost by 12%. Ready properties are GST-exempt.
India-UAE Double Tax Avoidance Agreement prevents double taxation on rental income. Income declared in India need not be re-declared in UAE.
NRIs can repatriate up to USD 1 million per year from commercial property sale proceeds from NRO account after paying applicable capital gains tax.
17 acres · Grade A · KIA airport adjacency · Prestige Group · Airport corridor appreciation.
Disclaimer: All pricing is indicative as at August 2026. Gross yield estimates are market averages and not guaranteed. Consult a CA for Indian tax obligations. IA Wealth Real Estate LLC · RERA 52591 · Dubai · +971 56 909 3693 · www.iawealth.ae
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