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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Prasannahally is a developing residential locality in North Bangalore, bordering Devanahalli, Gokare, and Avathi. The pin code of Prasannahally is 562110. This quiet semi-urban area houses airport employees and agricultural families near the ancient Venugopalaswamy Temple. Families here send children to Akash International School and visit Akash Super Speciality Hospital for medical emergencies. Doddajala Metro Station on the Blue Line is the nearest transit point located 12 km away. NH 44 links the area to Devanahalli Railway Station within a ten-minute drive. Property rates range from Rs. 5,000 to Rs. 7,500 per sq ft. Plots and independent houses dominate the local market due to rapid airport expansion.
| Locality | Property Price per sq ft* |
|---|---|
| Prasannahally bangalore | Rs. 5,000 to Rs. 7,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 10,000 to Rs. 14,000 |
| 2 BHK for rent | Rs. 15,000 to Rs. 19,000 |
| 3 BHK for rent | Rs. 20,000 to Rs. 25,000 |
Prasannahally is experiencing steady real estate growth due to its location near the international airport. Buyer interest has surged, leading to a 21.1% capital appreciation over the past year. Property prices in this locality now range from Rs. 5,000 to Rs. 7,500 per sq ft. Conversely, the rental market has seen a correction of -10.0% recently. Monthly rental rates for residential properties currently range between Rs. 10,000 and Rs. 25,000. This trend makes the area highly attractive for long-term land investors while keeping rental options affordable for airport staff. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Akash Super Speciality Hospital is a prominent landmark in Prasannahally. Some more include:
Prasannahally is well-connected through NH 44 and the following roads:
Doddajala Metro Station on the Blue Line is the closest public transit option, located 12 km away. Some more include:
The nearest railway station and airport are Devanahalli Railway Station, which is located 4 km away, and others:
Prasannahally is well-equipped with numerous top educational institutions, such as Akash International School and Akash Institute of Nursing, along with:
Some reputed healthcare places near Prasannahally include Akash Super Speciality Hospital, and others:
You can access DRV Plaza and Esteem Mall easily from Prasannahally bangalore. Some more include:
These localities are located around Prasannahally:
Here are some of the major employment centres near Prasannahally:
The popular landmarks within Prasannahally are:


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