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Re-imagine your living space which smartly fits-into your wishes and demands; an agile dwelling which smoothly alloys with the diversity you aspire from your dream home – That’s Prestige Smart City for you! A resourceful residential venture by Prestige Groups coming up in apt City of Bangalore, offering brilliantly crafted smart homes coupled with state-of-the art amenities and luxuries. Located in prime locales of Bangalore city, the project is all geared up to bestow best housing experience to its esteemed in-habitants. The premise offers skilfully outlined abodes of various dimensions and configurations arrayed over high-rise elevations set amidst beautifully laid landscapes and water features.
Prestige Smart City is a mammoth residential community conceptualised and prospected by Prestige Developers, one of the leading Property Development brands of the country with vast expertise in residential, commercial, retail, leisure and hospitality segments. Prestige projects are known for their quality work, high-standards and innovative methodologies thereby delivering landmark developments which are widely acclaimed by their customers and peers alike. Prestige Smart City features diligently outlined apartments which are capacious, well ventilated, well-lit and vaastu compliant units equipped with superior interiors, exteriors and specifications.
The premise includes modern amenities to provide recreational, social, sports, fitness, eco-friendly commorancy to its in-dwellers. The amenities provided includes clubhouse, gymnasium, open air theatre, Children’s play area, tot lot area, swimming pool, party terrace area, barbeque zone, tree lined jogging/walking pathways, badminton/table tennis room, community hall, snooker room, indoor play area, board & card games area, lawny courtyards, water features, basket ball court, cricket practice net, speedy lifts, water backup, uninterrupted power supply and round the clock security monitoring.
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Prestige Smart City is coming up in prime locales of Bangalore, surrounded by well planned neighbourhood with excellent social and physical infrastructure. Bangalore is known to be one of the rapidly-growing cites of India since the past few decades. IT has been the major growth driver for this extensive real estate development in the city. Bangalore has a multi-cultural population with good social framework, reputed educational institutes, good health care facilities and acclamatory climatic conditions. The proposed infrastructure initiatives by the Government like Peripheral Ring Road, Metro Rail, Signal Free ORR, High Speed Rail Link, Mono Rail, and Elevated Expressway have positively impacted the realty market of the city.
Prestige Smart City is a well-heeled residential community located in prolific locales of Sarjapur Road, East Bangalore. Tumkur Road is a copious locality filled with commercial and residential establishments. The distance between Prestige Smart City and Tumkur Road is 27.2 Kms via Sarjapur Main Road; it is 35 Kms via NH 75 and is 27.8 Kms via Sarjapur Main Road – Dr Rajkumar Road. The travelling time varies between 1 hour 15 minutes and 1 hour 30 minutes.
Prestige Smart City is an exuberant residential township featuring ardent abodes aided with luxuriant amenities and niceties. The Kempegowda International Airport is located at Devanahalli, North Bangalore. The distance between Prestige Smart City and Kempegowda International Airport is 45 Kms via SH 35 and is 51 Kms via NH 44. The travelling time to traverse between these two regions is 1 hour and 1 hour 20 minutes. Various public and private modes of transport facilities keeps these locales well connected to each other.
Prestige Smart City is an upcoming residential venture by Prestige Groups in palatial surrounds off Sarjapur Main Road, Bangalore-East. The premise is outlined to host luxury apartments boarded over high-rise towers set amidst the thick of modern amenities and features. Prestige Smart City is located at a distance of 28 Kms from Majestic via Sarjapur Main Road with relative travelling time of 1 hour 30 minutes. The distance is 30.3 Kms via Sarjapur Main Road – Hosur Main Road with travel time of approximately 1 hour 15 minutes to 1 hour 30 minutes, and is 35 Kms via SH 35 with tentative travel time of 1 hour 45 minutes.
Sarjapur Road is an egressing real estate haven with extrusive presence of marked residential and commercial endowments. This area features diverse options of properties in form of 1, 2, 3, 4 apartments, duplex apartments, row houses, villa homes and studio apartments across various budget ranges. The proximity to major employment zones of Whitefield, Electronic City, Varthur, Marathahalli and Koramangala has acted as a catalyst in the growth of Sarjapur Road. The upcoming physical infrastructure in Sarjapur Road includes the development of Peripheral Ring Road and proposed elevated expressway. This surrounding development is expected to ease out the traffic congestion all along this belt facilitating the seamless commuting of the inhabitants.
Sarjapur Road is one of the hot-stop destinations of Bangalore City stretching towards the eastern zone of the city with close road connectivity to prime locales like Whitefield (15 km), Electronic City (19 km), Outer Ring Road (16 km), Marathahalli and Koramangala. The IT giant Infosys has secured 202 acres to set up an IT SEZ and the Azim Premji Foundation announced acquisition of 50 acres of land in Sarjapur for a world-class university. With all these influencing factors along with good social and civic frame-work boosted with excellent connectivity to other core parts of the city, Sarjapur Road is prospected to be potential realty market for investments as well as end-user purposes. With the lined-up infrastructure developments and the Metro link connecting Sarjapur to rest of Bangalore, the appreciation of land values can be anticipated to rise with good returns for the property investments made.
Buying an apartment is undoubtedly an important decision to make for anyone and this prime task needs good amount of understanding and research of real- estate market. Sarjapur Road region is counted among the dominant realty turfs in Bangalore’s realty market which has always proved to be beneficial for both investors and end-users. Here are few important things to note before buying an apartment in Sarjapur Road: This zone has wide presence of residential communities by major real estate construction firms who have good reputation and reviews, so choose the right builder thereby zeroing the risk of wrong investments; secondly check the legality of the land; check the surrounding developments of the area where you want to invest – this will help in analysing the future appreciation of your asset; Compare the other peer projects to see if you have been provided with enough conveniences & amenities that’s worth your investment; go through the buyer-builder agreement attentively to see if any additional charges are to be leveraged; Finally, look for the RERA compliancy of the project you are investing in which safeguards both builders’ and the buyer’s interest for a better investment experience.
Sarjapur is an important real-estate anchorage of Bangalore expanding towards the eastern zone of the city. The realty market in this region has caught the attention of leading builders, end-users, investors and stake-holders who foresee a potential calibre in Sarjapur Road. The localities in and around Sarjapur Road have transformed into self-sustainable micro-markets with well laid social and physical infrastructure making them perfect avenues for residential settlements. Many major real-estate companies like Prestige, Brigade, Puravankara, Provident Groups, Rohan Builders, Shriram Developers, Godrej Properties, Sobha, Vaishnavi and Hiranandani among others are coming up with their new residential launches featuring upscale abodes of type 1-2-3-4-5Bedroom luxury apartments, studio apartments, villas, villa-plots, duplex homes, row houses, penthouses and other forms of opulent habitats. These dwellings offer all necessary facilities and amenities to essay a stately domicile for venerable livelihood.
The Prestige Group owes its origin to Mr. Razack Sattar, who envisioned a success story waiting to take shape in the Retail Business in 1956 itself. Since its formation in 1986, Prestige Estates Projects has grown swiftly to become one of South India's leading Property Developers, helping shape the skyline across the Residential, Commercial, Retail, Leisure & Hospitality sectors. Prestige Court on K.H. Road in Bangalore set the pace for the Group's rapid growth which now stands at over 184 Completed Projects spanning a total developed area of over 60.74 million sqft. It also has another 57 ongoing projects comprising around 59.24 million sqft & 43 upcoming projects totaling 44.11 million sqft., which include Apartment Enclaves, Shopping Malls and Corporate Structures, spread across all asset classes. Prestige Constructions, an ISO 9001:2000 certified company is the only Real Estate Developer in Bangalore to have won the reputed FIABCI Award for its software and residential facilities. Prestige was also recently awarded the Crisil DA1 Developer Rating in recognition of the quality of their projects and the ability to deliver completed projects in a timely manner, making them the ONLY Property Developer across India to have received this distinction. Today, Prestige stands as a giant and with aggressive growth plans across the Residential, Commercial, Retail and Hospitality Sectors in Bangalore, Goa, Hyderabad, Mangalore, Cochin and Chennai, lies a bright future ahead
Total Sales at INR 11765 Mn up by 75% YoY; 9M total sales at INR 31845 Mn up by 54% YoY Prestige Group (NSE: PRESTIGE), today reported financial results for the quarter and nine months ended December 31st, 2018.
Real estate firm Prestige Group plans to develop housing plots and sell individual office units to investors, a top company executive said. Both the strategies are expected to generate quicker cash flows and attract investors. The Bengaluru-based developer is revisiting the plotted development strategy after nearly two decades.Read More
More than online marketplaces and digital commerce, the draft e-commerce policy issued last week might help the real estate sector. With the insistence on data centres to be onshore, entities in real estate believe there is going to be a rise in demand for specialised Grade-A commercial spaces to set these up. Currently, data centres in India occupy around 12 million sq ft in space, growing at a compounded annual rate of 20 per cent. The tagline of the draft report is ‘India’s data for India’s development’. The policy states a time-frame would be put in place for transition to data storage within the country, with three years to allow industry to adjust to the requirement.Read More
When the rate of tax comes down, the price of a product or service should also see a corresponding decrease. However, the structure of Goods & Services tax (GST) is such that in some cases, especially where you cannot claim input tax credit, prices may not reduce. This means the proposed reduction in GST rate for under construction housing projects may not lower prices of housing units. It may also increase the level of complexity for developers. Currently, GST is levied at an effec ..Read More
Owning a house is on the wishlist of most people. This wish, however, can lead to trouble, if people stretch their finances to fulfil it. But postponing the purchase till one accumulates the necessary funds can also be a costly proposition— besides being frustrating. So, what does one do? Well, there’s a third option: affordable housing. A starter home— affordable, smaller—may not offer all that you had fancied in a house, but purchasing it can be a financially sound move.Read More
Housing prices in India will barely rise this year as a slowing economy and a liquidity crisis keep buyers on the sidelines, according to a poll by news agency Reuters, which forecast the rates to fall in Delhi. With non-performing loans rising at major banks and financial institutions, bank lending - the main source of borrowing for developers and buyers - has dwindled, reining in a rampant property market. After nearly tripling in the past decade and rising for many years at double-digit rates, house price gains have slowed over the past two years, according to Reuters calculations based on the Reserve Bank of India's All-India House Price Index.Read More
Indian house prices will barely rise this year as a slowing economy and a liquidity crisis keep buyers on the sidelines, according to a Reuters poll, which forecast prices would fall in Delhi, the national capital. With non-performing loans rising at major banks and financial institutions, bank lending - the main source of borrowing for developers and buyers - has dwindled, reining in a rampant property market. After nearly tripling in the past decade and rising for many years at double-digit rates, house price gains have slowed over the past two years, according to Reuters calculations based on the Reserve Bank of India’s All-India House Price Index. National house prices are forecast to rise just 1.3 per cent this year, according to the Feb 13-March 1 Reuters survey of nearly 20 property market experts. That’s down from 2.0 per cent in the November poll and less than consumer price inflation.Read More
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