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1 BHK apartments in Devanahalli: the lowest branded entry

The configuration most branded projects on this corridor do not offer, who it suits, and the rental demand behind it.

From Rs 56 L Deepest rental demand

The short answer

A one bedroom is uncommon on the Devanahalli corridor, though not unheard of. Godrej MSR City offers 2 and 3 BHK only across its 25 towers, and Tata Carnatica starts at a 2 BHK of about 1,380 sq ft. Birla Trimaya does offer a 1 BHK alongside its 2 and 3 BHK apartments and duplexes. Prestige Parklane offers one at 567 to 571 sq ft saleable from Rs 56 lakhs, and unusually it is 858 of the 1,788 apartments, close to half the project.

The proportion is the point. Between Rs 56 lakhs and Rs 90 lakhs the branded options on this corridor are few, which helps what you pay. But at resale you compete with up to 857 identical apartments inside your own project, which works the other way. Both are true and most listings mention only the first.

Rs 56 L

Lowest branded entry

858

Units, 48% of the mix

3,000

Wistron jobs, Phase 2

30,000

Foxconn hires nearby

What a 1 BHK here is

567 to 571 sq ft saleable, one bathroom, one balcony, a 3 kW sanctioned load with 0.5 kW of generator backup. The largest block of inventory at Park Lane: 858 units, roughly 48 per cent of the mix.

Who actually rents a 1 BHK here

This is the question that decides whether a compact unit is an investment or an empty flat, and on this corridor it has a specific answer rather than a hopeful one.

Wistron is the nearest of them. Taiwan based Wistron Corp holds 32 acres in Phase 2 of the KIADB park, the same phase as Prestige Parklane, for a Rs 1,500 crore contract laptop manufacturing plant employing about 3,000 people, with production targeted from January 2026. Electronics manufacturing salaries sit squarely in 1 BHK territory, and for that workforce the commute here is a walk rather than a drive.

Add Foxconn, which hired 30,000 people in eight months against a state target of 50,000, the airport handling 44.47 million passengers with crew who need to live close to unforgiving report times, and more than 5,000 direct aerospace jobs across Boeing, Safran, Collins, Dynamatic and Wipro. The aerospace salaries support the 2 and 3 BHK end; the manufacturing and airport ground roles are the 1 BHK pool, and it is the deeper of the two.

At that size every square foot is working. Expect a combined living and dining space, a compact galley or L shaped kitchen, and a utility off it. The floor plan guide covers what to check in a compact layout, where circulation matters far more than in a large one.

The rate, honestly

Rs 11,464 per square foot on saleable area, and Rs 20,124 per square foot of the 323 sq ft carpet area. That is the highest rate per foot in the project on both measures, and it is arithmetic rather than a penalty: a kitchen and a bathroom cost about the same to build whether they sit in 550 sq ft or 1,600, so the fixed cost is spread over less area.

The 1 BHK is therefore the lower ticket and the 3 BHK is the better value. Those are different things and buyers routinely conflate them.

Who actually buys one here

Investors letting to the corridor workforce. This is the deepest rental demand on the corridor by a wide margin. Foxconn hired 30,000 people in eight months against a state target of 50,000, largely young and on entry salaries. Airport ground operations, airline crew and security employ thousands more. All of that demand sits at the compact end.

First time buyers working nearby. Someone employed inside the Aerospace Park or at the airport, buying rather than renting, at the only branded price point that allows it.

Expected rent is roughly Rs 19,000 to 22,000 a month, a gross yield of about 3.3 to 3.8 per cent, and nearer 2.5 per cent net after maintenance, vacancy and tax. The rental yield page works it through.

The honest risk

Compact units resell to a narrower pool: investors and first time buyers, not families. In a soft market that is the segment that sits longest, and North Bengaluru currently holds about 28 per cent of the city unsold inventory.

Against that, only about 360 of the roughly 1,788 apartments at Park Lane are 1 BHK, and almost nothing else branded on the corridor offers one. Scarcity supports price; a thin comparison set cuts both ways.

What it costs all in

On a Rs 65 lakh base, budget roughly Rs 84 lakhs once the car park, clubhouse charge, maintenance corpus, khata and legal, 5 per cent GST and the Karnataka statutory 7.5 per cent are added. Maintenance then runs about Rs 1,925 a month, and the EMI on an 80 per cent loan at 7.75 per cent over twenty years is near Rs 46,000.

Model your own on the cost sheet calculator, and compare configurations on the full comparison.

Questions

Are there 1 BHK apartments in Devanahalli?

Very few among branded projects. Godrej MSR City offers only 2 and 3 BHK, and Birla Trimaya starts at Rs 1.12 crore. Prestige Parklane offers a 1 BHK from Rs 56 lakhs at 567 to 571 sq ft saleable, which is the lowest branded entry on the corridor.

What does a 1 BHK cost in Devanahalli?

From Rs 56 lakhs including the carpark, or roughly Rs 66 lakhs all in once the car park, clubhouse charge, corpus, khata and legal, 5 per cent GST and 7.5 per cent Karnataka statutory are added.

What rent does a 1 BHK get here?

Roughly Rs 19,000 to 22,000 a month, a gross yield of about 3.3 to 3.8 per cent and nearer 2.5 per cent net after maintenance, vacancy and tax. The tenant base is airport staff, Aerospace Park employees and the Foxconn workforce.

Why is the 1 BHK the most expensive per square foot?

Because a kitchen and a bathroom cost roughly the same to build whether they sit in 550 sq ft or 1,600, so the fixed cost is spread over less area. It is the lower ticket and the 3 BHK is the better value per foot.

Book a site visit

Prestige Parklane sits inside the KIADB Aerospace Park at Devanahalli. The master plan, the unit plans and the current tower price sheets all go out with the confirmation.

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