Owning a house is not a matter of pride and prejudice, but also a social and financial obligation. This is the best time to invest in a long-term asset considering the current scenario. The government with the association of RBI has announced many measures to liquidate in the market and make the process of home buying easier for the customers. Comparing to the past 15 years, the home loan interest rates are low.
The consumer sentiment survey provided by Anarock Property Consultant that gauged the consumer preference during the pandemic revealed 48% of the participants wanted real estate as their asset or investment. 54% of the people considered this time best for real estate investment due to low-interest rates and best deals offers by the developers.
Several banks have adjusted their home loan interest rates of 4% in the current repo. The buyers get to enjoy the tax benefits also. The deduction up to 1.5 lakh on principal payment under section 80C of income tax act and up tp 2 lakh exemption on the interest paid under section 24 of the current financial year.
The government has always been supportive and bullish about the houses in affordable segment. The existinmg deductions under section 80EEA of 1.5 lakh on the housing loan interest are sanctioned from April 1, 2019, to March 31, 2020. And now this scheme is extended upto March 31, 2021. This scheme helped many middle-income people to buy homes.
The reduction of tax payments is the main reason people brought homes. The economy and then developers are doing their best to put the market on the forward foot giving good deals for the homebuyers across the country. The inventories have increased, costs are more stsble, GST is low on the under-construction property, RERA guarantee, low-interest rates, are some good reasons to buy a home now. Many analysts have now predicted thorugh surveys, algorithms, and flow charts this is the best time to invest in the market to buy homes or properties. This is not to be overlooked rather, invest in your home today.
Have you always longed for owning a big, capacious, well ventilated and perfectly lit home, which makes an impeccable dwelling-hub for you and your loved ones? Then, here’s presenting “The Prestige City” - the best ever integrated platform that offers sundry of residential options to befit the exigency of imperatively aspiring home-seekers. The Prestige City is an upcoming mixed-development project of Prestige Groups coming up in panoramic neighbourhoods off Sarjapur Road – East Bangalore. This majestic housing platform spans over 180 acres of colossal land enclosure and features individual townships for hosting spacious luxury apartments, expansive residential plots and sizable villa abodes assembled independently over self-reliant entities with the convergence of top-notch amenities and facilities. The Apartment township houses luxury apartments of type 1, 2 and 3 Bedroom units ascended with ace designs and top-rated specifications. The apartments are spacious, expansive, vaastu compliant and well lit units that are brilliantly crafted to include spatially symmetrical and directionally fortified designs to allow optimal daylight and fine ventilation into the abodes. The abodes are fitted with elevated windows and geographically well positioned and extensive balcony spaces that facilitate the flow of fresh air and sunlight into every corner of the house. The residential towers are attentively designed with careful planning, so as to include right proportionality thereby bestowing ample outdoor views to each of the abodes. The villa township of the project is specifically designed to cater exquisite homes for stately living with capacious design-outlines, bringing in the best of architectural expertise and aesthetical acumen for creating abodes of ingenuity and astuteness. The villas are royal and august in their designs and specifications with access to private gardens and courtyard areas. The Plotted community features plots of various dimensions and facings. This infrastructure-ready premium plotted township within “The Prestige City”, is meticulously planned to include all facilities and amenities and features plots of right dimensions where the owners can build their dream home as per their requirement and enjoy the luxury of all niceties this community offers. Through masterfully outlined layouts, the premise gives an exclusive access to world-class amenities and facilities that include expansive outdoor greens, wellness zone, clubhouse, swimming pavilions, multi-purpose sports courts, squash court, gymnasium, coffee shop, jogging tracks, cycling zone, gardens, children’s play lounge, community hall and pet zone to name a few. A home at “The Prestige City” assures an uncompromising space for you and your family, where every inch of space has its own worth, crafted to perfection with optimal efficiency.
Sarjapur Road is one of the most popular residential catchments of Bengaluru that extends towards the eastern zone of the city starting from Koramangala along the Hosur Road passing all way through Agara Village, Dommasandra to conclude at Sarjapur. The swift growth of Sarjapur Road can be attributed to its well laid social and physical infrastructure. Also, the region has excellent accessibility to major IT hubs of Whitefield, Electronic City and other employment hubs along the Outer Ring Road (ORR). Sarjapur Road is also well connected to Koramangala, Silk Board and Marathalli. The high traffic junctions are now aided with flyovers and under-passes thereby making commuting easy for everyday travellers. This accessibility has contributed vastly for the rapid growth of residential and commercial developments across the area. One can find apartment communities, plotted residential communities and villa communities by top-grade construction companies like Prestige Groups, Sobha Developers, Puravankara, Provident Housing Limited, Brigade Developers, Godrej Properties and Shriram Properties to name a few. Few of the upcoming residential ventures in Sarjapur Road are Prestige City, Prestige Lakeside Habitat Phase 2, Godrej Agrovert, Godrej HDIL, Salarpuria Sattva Signet, Sobha Renaissance and Brigade Parkside. These residential communities are being developed in elite neighbourhoods of East Bangalore just off Sarjapur Main Road. These gated-communities are right choices for both end-users and investors as they feature diversified housing options that correlate with varied size and budget spectrums. These upcoming residential ventures are loaded with upscale amenities, specifications and infrastructures to bestow a livelihood filled with ease, comfort and distinction. The projects are also close to all essential civic amenities like reputed educational institutions, cultural academies, supermarkets, shopping malls, entertainment forums, conventional halls, multi-speciality hospitals, clinics pharmacies, ATMs, Banks, restaurants and other basic fundamentals. These upcoming premises are also located in close proximity to major landmarks like Kempegowda International Airport (approximately 50 Kms), M G Road (approximately 13 Kms), Forum Mall – Koramangala (approximately 6.5 Kms), Whitefield (approximately 16 Kms) and Electronic City (approximately 9 Kms).
Sarjapur Road is a leading realty hotspots of Bengaluru – East. The region is weighed as an impervious district for opulent lifestyle owing to many well established facts in terms of upscale infrastructure and favourable geographic positioning. Sarjapur Road and its abutting neighbourhoods have substantiated rapid growth to include state of the art civic amenities and physical infrastructure. This has attracted the lifestyle-conscious community to look for property investment options in and around this region thereby raising high demand for villa communities on Sarjapur Road. Prestige City – Villa is an upcoming residential enclosure featuring villa segments set over an autonomous township within an extensive campus hosting stately amenities, specifications and serene outdoor spaces. Prestige City Villa is the villa community within the colossal premise of Prestige City that also constitutes Prestige City – Apartments and Prestige City - Plots. Prestige City Apartment is an independent apartment - wing that features studio apartments, 2 Bedroom and 3 Bedroom apartments. Prestige City – Plots constitutes residential plots of various sizes and phasings. The villa township hosts brilliantly outlined villa spaces designed to bring together the best of architectural competences coupled with attentive planning and exquisite engineering proficiencies. The villas are perfectly drafted to assure utmost privacy, optimal space-utilization without compromising on the design philosophy or its functionality. Prestige City – Villa offers a city within itself filled with comforts and conveniences to provide an ease of livelihood to its eminent occupants. The dedicated green zone is specially drafted to include gardens, play areas, jogging tracts, courtyards that are seamlessly integrated with nature to help the residents to relax and rejuvenate themselves. The project includes a host of lifestyle amenities featuring modern clubhouse, multipurpose halls, gymnasiums, crèche, clinic, saloon, meeting rooms, guest rooms, indoor sports facilities, outdoor sports facilities, pet zone, senior citizen decks, outdoor party zone, barbeque zones, terrace gardens, skating rink, swimming pool, kid’s pool, cafe and hi-tech security monitoring systems to name a few.
Sarjapur Road offers the perfect forum for property investments. The region tops the list of renowned residential settlements equipped with good connectivity aspects, excellent physical framework and well established civic infrastructure. Sarjapur Road and its impinging neighbourhoods make finest harbours for residential ventures and this has attracted top construction firms of the country like Prestige Groups, Brigade Groups, Salarpuria Sattva, Godrej Properties, Shriram Properties, Provident Housing Limited, and Puravankara among others to acquire huge plots of land to develop their well-planned housing establishments in this zone. Few of the new launches in Sarjapur Road by leading real-estate brands are Prestige City, Prestige Lakeside Habitat Phase 2, Godrej HDIL and Godrej Agrovert. These projects are exclusively designed to bestow ace and distinguished lifestyle to their occupants with specially circumscribed designs and spatial arrangements. These premises feature various housing forms to suite the lifestyle of urban crowd. From studio apartments to premium 1 – 2 – 3 – 4 Bedroom apartments, from villa spaces to penthouses, a home-seeker gets a wide range of melanges to choose from and invest, that would precisely correspond to their housing needs. Prestige City is one such forthcoming residential venture by Prestige Groups that features residential plots, apartments and villas – all boundaried within a majestic premise loaded with world – class amenities, specifications and facilities. The project is located just off Sarjapur Main Road and has excellent connectivity to other core zones of the city. The project includes first-rate amenities and facilities featuring a majestic clubhouse, landscaped outdoors, solar lightings, driveways, tree-lined walking pathways, cycling tracks, garden area, parks with seating courts, swimming pool, kid’s pool, outdoor gymnasium, children’s play area, skating rink, pool side party area, amphitheatre, senior citizen deck, bus bays, tennis court, half basketball court, cricket practice pitch, overhead tank, underground sump, sewage treatment plant, water treatment facility, organic waste converters, rain water harvesting pits and round the clock security monitoring facilities.
Prestige Groups is a leading real-estate firm of India head-quartered in Bangalore. The firm has shaped the horizons of many prime cities of the country with its landmark residential, commercial, hospitality and retail ventures. The firm has established many commercial and residential enclaves in various zones of Bengaluru City. Sarjapur Road is one of the most vital property investment markets of East Bangalore and Prestige Groups has developed many signature residential townships in and around Sarjapur Road. Prestige Lakeside Habitat is one of the most successful residential ventures of Prestige Groups located off Sarjapur Road in Eastern zone of Bengaluru and has recently pre- launched its phase II development. Prestige City is yet another newly pre- launched venture; the project is an integrated community hosting premium apartments, residential plots and villa spaces over independent townships within a vast acreage coupled with dedicated green boundaries, brilliantly planned amenities and top-notch facilities. The premise also includes contemporary specifications that are engineered to bestow world-class housing accomplishments to the end-users. The infrastructure within the campus stands- out in terms of technical methodologies and design approaches. Internal Roads within the campus are well planned with planters & green strips planned all along the roads. Dedicated entry points are demarcated for all the plots and pedestrian pathways would be finished with concrete / paver blocks. The campus is secured with CCTV cameras at exit /entrance and service yards with allotment of security personnel for round the clock monitoring of the premise. The project is also equipped with an all-inclusive clubhouse that features swimming pavilion, kids pool, party halls, business centre – containing workstations / cabins/ meeting rooms, guest rooms, gymnasium, badminton court, squash court, saloon, spa, billiards, TT, Mini Theatre, Yoga / Aerobics studio and indoor gaming zone to name a few. Prestige City is well connected to major IT hubs of Whitefield, Electronic City, Marathalli, Domlur and Koramangala.
The real estate trend in Karnataka is starting to boom and showing an upward graph, post-Covid Pandemic. This can further be confirmed by the Prestige Park Property transactions and registrations and is checked from the numbers reviewed from the Stamp and Registration duty collection. In August, the collection and transactions were more and the departmened has earned 80% of the estimated target, compared to the previous year, targeting the amount to be around Rs 946 crores. The Inspector of General Registrations and Commissions, K P Mohan Raj, ststed the daily registrations are picking up compared to the previous year, every month. The closed Sub- Regisstras due to Covid has been affected, but the revenue is generated sufficiently.
This upward trend in real estate is a positive sign, considering the losses incurred by the government from the months of May-June, of about 200 crores, as the registrations were closed due to Covid and still did not increase due to pandemic. By the end of April, all Sub-Registrars were open and with certain restrictions, of course. Revenue minister R Ashok, also said the real estate growth is et to increase and would take more than a quarter to stabilize. Some of the successful builders and realtors were sure of the upcoming festivals pushing the revenue as the enquiries were raising and getting back up from the Covid times were cumbersome.
By 2040, real estate is said to grow to 65,000 crore industry from the current price, which is about 13,000 crore and will contribute to the country's GDP by about 13%. Real estate is considered a good investment in Karnataka, evaluating its returns when compared to any other types of investment. It is more profitable than the fixed deposits and the saving in the banks and for sure it grows at an exponential rate. It is said to be better than the gold appreciation rate or the bank interest rates.
GST is the biggest and most vital tax reform that has been implemented in the post independence era. The earlier multifarious indirect tax framework included levy of taxes by centre and state governments under different tax laws. It had challenges of miscellany and cascading of taxes along with other technical and objective complexities which were overcome with the introduction of GST. The implementation of GST brought-in uniformity in taxation across the country with its “one nation – one tax” principle. It led to widening of tax base on account of transparent digital processes and also excluded multiple taxes and multiple cesses.
With earlier tax form, the home-buyer had to pay VAT, Registration charges, Service tax & Stamp duty on purchase of properties which were under construction. Moreover, Service tax, VAT, Registration charges and Stamp duty were state levies which changed from state to state and this drastically varied the prices of the properties. Also, the builders had to pay different duties like custom duty, LBT, Entry Tax, sales tax (CST) and OCTROI among others for which credit was not an option. But with GST, a single tax slab of 12% is applicable on under-construction properties. This uniformity implicitly brings-in the cost reduction which would benefit the home-buyers in big way. Another major highlight of GST scheme is that GST is not applicable on ready to move- in projects or completed projects which were the case in previous law.
Real-estate industry is one of the major contributors to the country’s economy. It has prominent contribution towards the GDP of the country and is also the second - most employment generator after the IT industry. The highlight of the GST regime for the real estate sector is the eligibility of Input Tax credits or ITC paid on inputs, capital goods and input services. The developer is no longer liable to pay multitudinal taxes like VAT, Excise duty, Entry taxes, Customs duty on raw materials (or inputs) or Service tax on different input services (like architect professional fees, labour charges, legal charges, approval charges etc). Under GST Scheme, these multiple taxes are eliminated and the ITC eligibility is applied on construction and other procured services, which explicitly eliminate the anarchies, heralded in earlier tax scheme. This in turn leads to reduction in developers’ construction costs, thereby resulting in reduced cost-escalations on final consumers too.
Resident Welfare Association (RWA) is registered under the Societies Registration Act, 1860. Each residential colony can have its own RWA, which focuses towards the welfare of the residents in a certain area. Every state in Inia has amendments pertained from time to time and are applicable on all RWAs of the state. RWA is governed by constitutional documents and is not allowed to work on its free will. The RWA can be sued and it can sue as well, considering it a legal body with rights.
The RWA looks into the conditions of internal roads, checking upon the improvements on amenities and other common facilities, street lights, drainage facilities, overall cleanliness, water harvesting, electricity supply and water flow. If the society is large the RWA may also consider looking into shops, bazars, banks or transportation within the area. The members of the board are selected through a general body meeting. Main responsibilities of the RWA are the maintenance of premises, finances, records and implementing rules and regulations.Each RWA has a President, who presides over all general and governing body meetings, who has
a vote on the draw, supervises the work of office bearers and may operate on the bank accounts of the society. The Vice-President assists the President on his/her duties and is supposed to fill in his/her absence. The General Secretary represents the society in public or private, keeps the records of society and members and operates the bank accounts of the society. The Secretary assists the General Secretary and fills in his/her absence. The Treasurer collects the subscription, gifts, grants-in-aid, donations from members and general public, maintains records of society’s funds and operates the bank. The Executive members assist in the day to day work of the society, files the list of office bearers with Registrar of societies, as per section 4, Societies Registration Act, 1860.
The RWA decides the Subscription amount of every resident. Residents can ask for membership, while RWA has full rights to deny it. The membership can be terminated on member’s death, failure to pay charges, if they work against the principles of the society or do not attend any meetings on valid grounds.
The real estate trend in Karnataka is starting to boom and showing an upward graph, post-Covid Pandemic. This can further be confirmed by the Prestige Park Property transactions and registrations and is checked from the numbers reviewed from the Stamp and Registration duty collection.
In August, the collection and transactions were more and the departmened has earned 80% of the estimated target, compared to the previous year, targeting the amount to be around Rs 946 crores. The Inspector of General Registrations and Commissions, K P Mohan Raj, ststed the daily registrations are picking up compared to the previous year, every month. The closed Sub- Regisstras due to Covid has been affected, but the revenue is generated sufficiently.
This upward trend in real estate is a positive sign, considering the losses incurred by the government from the months of May-June, of about 200 crores, as the registrations were closed due to Covid and still did not increase due to pandemic. By the end of April, all Sub-Registrars were open and with certain restrictions, of course.
Revenue minister R Ashok, also said the real estate growth is et to increase and would take more than a quarter to stabilize. Some of the successful builders and realtors were sure of the upcoming festivals pushing the revenue as the enquiries were raising and getting back up from the Covid times were cumbersome.
By 2040, real estate is said to grow to 65,000 crore industry from the current price, which is about 13,000 crore and will contribute to the country's GDP by about 13%. Real estate is considered a good investment in Karnataka, evaluating its returns when compared to any other types of investment. It is more profitable than the fixed deposits and the saving in the banks and for sure it grows at an exponential rate. It is said to be better than the gold appreciation rate or the bank interest rates.
The arrival of the IT industry in Bangalore heralded the transformation of this city from quiet and laidback into the vibrant and bustling cosmopolitan metropolis that it is today. The establishment of several prominent IT majors in the city brought with it a large number of job opportunities and a massive influx of new residents into the city. These large numbers of people coming into the city and looking for accommodation to set up their home base here in turn led to a virtual boom in the real estate market with more and more localities that were once considered to be on the outskirts being quickly and seamlessly amalgamated into this fast-growing metropolis. One of the localities that underwent a phenomenal growth and change in character is Sarjapur road. This once dusty single lane road connecting Bangalore to Sarjapur is now a busy four-lane wide road. The primarily agrarian and green surroundings of this road have rapidly been replaced by extensive residential and commercial development projects. Sarjapur road is currently one of the two localities in Bangalore that is experiencing the most rapid growth and this only looks set to go up further in the near future. The development of major employment hubs with companies such as Cisco, Wipro, and Nokia among others in the surrounding areas and with the proposed Infosys IT SEZ soon to come up in the vicinity propelled this neighbourhood into prime real estate. To meet the rising demand of customers, several large and premium real estate development projects have already been established on this stretch of road, with developers constantly in the process of acquiring land bases and launching more and more elite projects. Relatively easy connectivity from this locality to other parts of the city, viz, Whitefield, Marathahalli, Electronic City, and Koramangala among others is one of the major factors that makes residing on Sarjapur road so attractive. Residing on Sarjapur road ensures easy access to healthcare facilities of repute and to several well-known educational institutions. There is a commanding presence of several malls, multiplexes, banks, and avenues of recreation in this locality too. With the physical and social infrastructure development taking place at a rapid pace and more and more infrastructure projects under development, the major players in the real estate development market have recognized the potential of this locality and this locality is only set to grow exponentially in the near future.
The close proximity to IT and the surrounding social structure helps in the real estate development of Sarjapur and sky rockets your investment in just a few years. The abundant residential and industrial projects makes you choose Sarjapur as your locality to live a life of heaven here. The recent survey found the annual appreciation of the property to be 4% and more every year making it your residential destination and a bull investment.
The occupancy certificate is a document issued by the BBMP or BDA in Bangalore and this certificate gives permission to occupy a property. A requirement under the Karnataka Apartment Ownership Act, 1972, this is a legal requirement for both commercial buildings and residential buildings consisting of more than five units. Upon completion of a new project, the project is issued an occupancy certificate by competent certifying authorities. In Bangalore, this certificate of occupancy is one of the most important documents that a homeowner must obtain when investing in a property. The occupancy certificate is legal proof that project has been constructed in accordance with the approved plan of the building and in accordance with the applicable building codes and with the relevant rules and regulations of the land. The certificate is also proof that the project meets the requisite safety standards and is suitable for human habitation. Once a project has reached completion, obtaining an occupation certificate is the responsibility of the developer. It is absolutely necessary for a home owner to have in their possession an occupancy certificate. An occupancy certificate is a legal necessity for any home owner as the absence of a valid occupancy certificate deems the project an unauthorized structure, giving the local municipal authorities the right to initiate serious legal action in the absence of a valid occupancy certificate. This vital document is a necessity when applying for a khata for payment of property tax and also when applying for water, electricity, and sanitation connections. It is illegal to move into a house without an occupancy certificate. The occupancy certificate is an absolute necessity when applying for a home loan as most banks do not approve home loans to properties lacking an occupancy certificate. A valid occupancy certificate is also necessary if you are looking to sell your property. In order to check for the status of the occupancy certificate of a given project, this can be found on the web portal of the state’s RERA as long as the project is registered under RERA. If unavailable on the web portal, this can be confirmed with the local municipal body.
The Prestige City is an elite township developed by the Prestige Group on Sarjapur Road in East Bangalore. The township is spread across a vast area of 180 acres and consists of magnificent villas, luxurious 2 and 3-bedroom apartment units, elite 4-bedroom penthouse units with private garden facility, and also a well-developed plotted development. This premium new-age enclave is developed by the Prestige Group, the much-awarded real estate development company whose name inspires trust in customers. From humble beginnings in 1986, the Prestige Group has grown in strength, especially over the last decade, to make a formidable name in the real estate development sector as a developer par excellence. The group’s attention to detail and emphasis on innovation, high quality, and luxury has built up the company to becoming one of the front runners of the real estate industry in the country. The Prestige City stands a testament to the Prestige Group’s adherence to quality, excellence, and innovation. This township is a beautifully designed enclave with the residential units set in well-manicured and landscaped areas with numerous vast open areas all around. The plethora of residential options available to the customer makes investing in the Prestige City a wise decision. With so many residential options available in the township, the potential investor is spoilt for choice. This township also comes equipped with a multitude of luxurious amenities to cater to its residents, from a grand and exclusive clubhouse aimed at strengthening the sense of camaraderie within the residents, to a multipurpose hall, swimming pools for children and adults, well-equipped gymnasiums, a basketball court, a health club and spa, meditation and yoga decks, gaming arcades, and indoor games rooms. There is also a children’s play area and an exclusive zone for the senior citizens of the township. The enclave has an abundance of green with beautifully landscaped gardens and numerous aesthetic features to add to the aesthetic elegance of the township. The township has walking and jogging tracks that run through it, for those inclined to commune with nature while getting their daily dose of fitness. All these amenities are provided within a gated community that has excellent round-the-clock security with CCTV coverage at all times. This enclave is located on Sarjapur Road and is just a stone’s throw away from world-class healthcare facilities, educational institutions of repute, and numerous avenues for leisure, shopping, and recreation. There is excellent connectivity to other parts of the city and to employment hubs via a well-developed system of physical infrastructure. Investing in Prestige City is the best decision as this township is located conveniently away from the city and yet within easy reach of all that the city has to offer. The world-class construction of the residential units and the luxurious and high-end amenities provided by the Prestige Group are another aspect that makes investing in the Prestige City an extremely wise and sound decision.
Villa living is an experience all of its own – opulent, exclusive, and private. Living in a villa, no matter where it is located, provides a sense of respite from the chaotic and noisy living that comes hand in hand with city life. There is a decadence associated with living in a villa that no other residential option can provide. The joys of living in your own space, designed to meet your individual preferences is unparalleled. Given below are the five unique experiences that only people residing in villas can avail of:
A sense of peace and tranquillity: Living in a villa buffers you from the usual loud and chaotic city life. Villas are usually safely ensconced in exclusive gated communities, which infuse them with a sense of peace and calm, away from the maddening crowds. With grounds and gardens around the villa, you get to have your own cosy nook to unwind in at your own pace.
Individuality: Villas offer you much required space to customize according to your personal specifications. No more living in apartments designed by someone else. This is your space and you are free to design your space according to your own heart’s desire and personal preferences, be it in the style of the landscaping and garden, the inclusion of a swimming pool, or just designing the interiors of the villa according to your own individual tastes.
Living in the lap of luxury: Villa living defines the word luxury. These elite abodes come equipped with the best of the best in terms of fittings and construction as well as in terms of those extras that define luxury – a private pool, landscaped garden, and a terrace. Hosting an elegant soiree here in your own private space announces to the world that you have “arrived.”
Belonging: Villas are exquisite private residences with their own unique and individual sense of design and individual specifications. These are usually surrounded by quiet private spaces, which encompass gardens and maybe even a pool. Being able to hang out in your own private space without prying neighbours and soaking in the beauty and peace that surrounds you at the end of a long, tiring day brings an immense sense of quietude and a deep sense of belonging.
A haven for your pets: Apartment living is not exactly ideal for families that value their pets as they usually have to confirm to the usually strict rules and regulations of the apartment society. Also, pets are confined to confined to rooms with their only view of the outside world being from the balconies. Villa living is perfect for pet parents who place great emphasis on the wellbeing of their four-legged companions. Since you own the space, you do not have to abide by any apartment society’s rules and regulations. Also, the open space around the villa is great for your four-legged companions to romp and play and get in the exercise and fresh air they so need to thrive.
With the IT industry gaining a strong and firm foothold in Bangalore, the look and feel of the city underwent a sea change, from a quiet and laidback city to a bustling and cosmopolitan metropolis. The movement of a strong and financially capable workforce into the city looking to establish home bases here has resulted in a dramatic change in the landscape of the city, with the city expanding dramatically in every direction and areas that were once considered outside the city limits now becoming an integral part of Bangalore. This rapid development of real estate in Bangalore, coupled with the strong and fast developing social and physical infrastructure has now resulted in the city being now regarded as one of the two fastest growing real estate markets in the country. Once area of the city that has seen an exponential growth in the last few years has been Sarjapur road. This road was long regarded just an outlying link road between the city and the village of Sarjapur and was flanked by vast green farms and plantations. Not anymore! The establishment of major hubs of employment in the area such as Nokia, Wipro, and Cisco among others propelled this area into the limelight and this area now possesses some of the most coveted real estate in the city today. This area is rapidly developing, with a number of other IT parks and corporates moving to establish base here. The proposed Infosys IT SEZ has further propelled this locality into the limelight. The social and physical infrastructure of Sarjapur road has kept up with the development of employment hubs and residential projects and this area boasts of sound infrastructure, with new developments in progress. Sarjapur road is now a well-established and cosmopolitan locality in the city and has numerous reputed healthcare organizations, educational institutions, and avenues for shopping, leisure, and recreation. All the major developers have established their presence here with projects that have been completed or are have acquired large land parcels in order to develop new projects. A growing trend among investors in real estate now is to invest in luxury villas and there is no dearth of these on Sarjapur road. With large land parcels in hand, real estate development companies are now coming out with more and more projects that offer luxury villas in gated communities. These villas are constructed using the most modern techniques and with premium materials and high-end fittings. Villas offer a sense of privacy, while living in a community. The gated communities are under the cover of 24/7 ace security personnel with CCTV monitoring and controlled access points, limiting the entry of visitors into the community, giving the residents a strong sense of safety. Loaded with world-class and elite amenities, the gated communities these villas are located in offer a gamut of activities to their residents. Owning a luxury villa on Sarjapur road ensures complete privacy while residing in high quality abodes set in elite surroundings with world- class amenities at your disposal, and in a location that is not too far from the main city or from hubs of employment and other facilities.
The world as we know it today has changed with most of us confined to our homes and work from home becoming part of daily parlance. We are living most of our lives inside our homes and even simple mundane tasks such as buying groceries are now deputed to online applications. The new normal is staying home, not going out and socializing much and staying home is taking precedence over going to shopping malls or multiplexes. In this current scenario, when we are spending most of our times in our homes, it is of utmost importance to consider the following factors before buying a home:
The developer – Buying a home is a huge decision and one not to be taken lightly. To this end, the choice of a trusted and well-reputed real estate developer is vital. You do not want to put your dream home and hard-earned money in the hands of an untrustworthy or unscrupulous builder. Taking the time to do the research, choosing a builder who is worthy of trust and comes with a legacy of honesty and quality is vital.
The space in the home – Space in the home is very important as we are spending so much time in our homes these days. With adults, children, and the elderly sharing the same space, and with work meetings and schooling being conducted from home, the flow of space of the home is crucial so everyone gets to do their thing, in their own space, without getting into one another’s faces. It is absolutely necessary to take a look of the space in the home before investing in it – are the bedrooms big enough, is there a balcony, are the living room and kitchen spacious enough, and most importantly, is there ample space for every member of the family?
The amenities provided – With our lives now being confined to our homes and extending just to the development and not beyond, the amenities offered in the project take on a vital role. More and more time is spent within the residential development and it is only obvious that the development absolutely must have amenities that cater to every member of the family like a park for children, jogging and walking tracks, a senior citizens’ zone, and avenues for sports and leisure, both outdoor and indoor. This should be taken into consideration when investing in a home as the amenities provided by the development is what will ensure a happy and well-rounded life to the members of the family.
A strong sense of community – With the world getting smaller and more confined to the limits of the residential development and outside options of recreation decreasing by the day, being able to interact with your neighbours and share an easy camaraderie with them is of immense importance. Sharing small get togethers and functions and engaging in conversation over a cup of coffee all will serve to enhance a sense of wellbeing.
The pandemic and lockdown had brought the market down for a year but the work from home trend has set now and most of the builders have inculcated innovative designs and ideas for the employees to work and earn efficiently. The government and builders have created a meticulous plan to push the interested clients into enabled buyers.
Now the Indian market is set to move ahead and will see upscale growth in the coming months. The sustained sales growth since June 2020 and NRIs (Non-Resident Indians) have shown a great deal of interest. The work from home opportunity has opened up a lot of opportunities for the employees to opt for permanent residence.
Many trusted buyers have shown transparency and ethics in their dealings and attracted prospective homebuyers. The RERA has induced so many rules and regulations, thus reducing complaints across the region. The reduced interest rate and policies have many homebuyers look into spaces throughout Bengaluru. Not only the residents but NRIs and people from other regions looking for houses as an investment opportunity.
The recent stimulus package declared by the Finance Minister has helped real estate to boom again. The stimulus package is said to boost the demand in residential real estate and provide income tax relief for home buyers and builders also. An additional amount of 18000 crores have been allotted under PM Awaas Yojana for the FY21 for the construction of 12000 houses and the completion of 18000 houses.
The Indian real estate has emerged stronger than ever after lockdown relaxation in June 2020. Apart from working employees, the residents, Millenials, NRIs are interested in buying houses, thus elevating the prices. Prefernec is given to ready-to-move-in houses with open spaces, rather than under-construction homes. This is the right time for the investors due to low prices and little interest rates.
The prestigious city in Bangalore is a residential project that offers houses in the most preferred area of east Bangalore. The project is spread across 180-acre land and is an excellent opportunity for those who would like to transform their lives by investing in the real estate market. It has 7000 plus apartments, 150 villas, and 808 plots. The Prestige City has 1, 2, and 3BHK apartments with 30X40, 40X40, 40X50, 50X60 sizes, and meets every client's needs to an extent.
The Prestige Group believes in touching customers' demands and has contributed to the real estate industry for more than 60 years. This remarkable change in the attitude and the luxury living segments made people own homes, which is much easier than they thought. After the pandemic strike, many people started working from home and have a newfound interest in the real estate sector.
The government slashed the stamp duty tax and also the fees of the registration tax too, encouraging people to own houses. The modern amenities and the location close to the workplace, attracted, many potential buyers at Prestige City in Sarjapur. There is all time supply of water and electricity. The individual property approved by eco-friendly layouts is the most attractive one.
The malls, retail outlets, office spaces, banks schools, hospitals, also provided by the group, making the life of the residents easier. The other recreational zones and the essentials can be found within a mile distance. Now due to all these reasons and facilities, it is comfortable to own houses, it is much easier than you thought actually. the virtual tours and 3D designs show everything the clients seek for. You don’t have to come down to the site to look at the property. Every detail can be sorted out digitally. This is the benefit of digitalization in this economy. The rate of interest is also gone down as the finance minister announces the package and new norms to uplift the economy.
In today’s world, real estate has to constantly meet customer's needs to drive sales and especially when the customer is always the rational and informed buyer. The developers are applying innovative ways to communicate and build customers' trust. The real estate sector saw consolidation and new strategies helped in evolving medium to long-term sales.
Real estate has now evolved into a digital marketplace. Online searches have increased way more than people going into the site. Buyers get the relevant information on the reputation of the builder, financial stability, number of projects, location, delivery record, prices, and business practices on the website. Sometimes the builders offer a virtual tour of the property too.
During the pandemic, virtual reality has become a necessity. Buyers can view the detailed map of the location, apartment size, shape, view from the top, 3D panoramic view, social infrastructure, and amenities in the property, with the help of augmented reality/ virtual reality making your buying experience joyful.
The credible and strong builders drive the ultimate sales and prospective home buyers seem to trust them more with the brand name and reputation they have earned. These developers are expected required to consider the current situation and provide safety and security in and around their bhomes. Priority will be given to every resident and addressed them equally. The clubhouse will be a part of the community and co-working and co-living environment. The use of sensor technology will be implemented in the coming days. Homebuyers can also fulfill their wishes of working from home.
The increase in the NRI investment in the residential sector, reduction in the stamp duty, reasonable prices, reduced interest rates, flexible payment options, have created a favorable window for all the buyers.
The consolidation in the real estate sector has created the benefit for the organized players and guided regulations from RERA enhance transparency. The revival of the economy is another factor influenced by real estate.
Owning a home is not only a dream but considered overall social and personal growth; a matter of personal aspiration. The government is helping people get to buy a home along with the real estate builders. The affordable housing policies, deduction on stamp duty, and many more schemes are helping the citizens achieve their goals. Developers are laying affordable layouts in their portfolio for middle-class buyers, being the largest segment in home buyers.
The pandemic put a halt for the buyers, but things are getting back slowly to a normal state. The work from home trend is now making people think of owning homes, where they could comfortably sit and work while having the peace for online discussions. The builders are also providing various discounts and pre-launch booking opportunities. This movement has seen major growth with a positive breakthrough with affordable housing plans and reduced interest rates, this is a fruitful time to buy houses to achieve their lifelong dream.
The millennials now consider investing in real estate more than anything, close to their workplace, in the suburban region mostly, to be in a quiet tranquil place. With new affordable housing opportunities, reduced interest rates, slashed stamp duties, well planning, homebuyers can now realistically achieve their lifelong dreams.
The technological advancement has further risen in owning the houses by millions of people. The work from home, digitization trend has switched to sitting in a 4X4 cubicle to comfortably sitting at home in their own space and working efficiently. The online tools have also advanced and builders are trying to live up to the expectations of the IT employees majorly.
Developers are trying to establish digital capabilities like Matterport 3D cameras and PropTech strategies. Due to these advancements, the builders were able to sell even during the pandemic. The buyers are given an option to virtually visit the place even without stepping outside of their homes. These tools create a virtual display, floor plans, 3D views for better understanding.
All the major players in the real estate industry are currently setting up projects in various upcoming areas in and around Bangalore. With both apartment units and plots in gated communities on offer, buyers now have a wide range of residential projects to choose from depending on their budget and other requirements.
Investing in an apartment is a relatively simple option as it comes with the ease of not having to design the unit by oneself. However, the final cost of the apartment unit comes from what the developer deems right. The amenities offered and the relative ease of availing of a bank loan for purchase is also a big plus. What has to be taken into account, however, is that the depreciation in value of an apartment over time is more than that of a plot and that is one of the biggest cons of investing in an apartment.
Investing in a plot is wrought with more legal implications than investing in an apartment where all the legalities have been completed by the developer. Also, availing of a bank loan for purchase is a much more tedious process. However, investing in a plot comes with the convenience of having a unit that reflects one’s personal preference and design aesthetics and also the flexibility to modify or expand at a later date. There is also the added advantage of being able to plan a suitable budget for the residence. The value of plots, unlike apartments, appreciate over time, which is a point to be taken into consideration when planning a real estate investment.
The above factors are instrumental in determining what to invest in, an apartment or a plot. In addition, the accessibility of the property, amenities offered by the developer, and general infrastructure of the area surrounding the project also play an important role in the decision to invest. While it can be argued that apartment projects usually come loaded with amenities and also a sense of security for the buyer, there is the current trend of gated communities offering plots that come with the same amenities and security provided.
Prestige Group offers diversified living residential plots, Apartments and Villas. The structure being earthquake resistant is a perfect space for modern living. The 2BHK apartments range from 80 to 1250 sq. ft. 3BHK ranges from 1850 to 2098 sq. ft. 4BHK ranges from 3635 to 3920 sq. ft. The 2BHK apartments consists of 2 bedrooms, 1 Dining hall, 1 Kitchen, 2 separate toilets, 1 store room and a balcony. The 3BHK apartments include 3 bedrooms, 1 Dining/ Drawing room, 1 Kitchen, Study, servant room and balconies. 4BHK apartments consists of 4 Bedrooms, 1 Dining/ Drawing room, 1 Kitchen, 3 Toilets, Study, Store and Balconies. Sarjapur being the next real-estate centre in east Bengaluru offers a wide range of spaces to its clients, which is amidst the serene nature for a stress-free luxury living territory. The specifications of the residential plots are spectacularly fine detailed and finished with excellent modelling. The surroundings are lush green which gives you clean fresh air, quiet atmosphere and the inside ambience is breathtaking. The Bedroom floors are finished with vitrified tiles with the walls elegantly painted and plastered. The Modular Kitchen is fitted with anti-skid ceramic tiles, while the platform of the kitchen is dazzled with mirror polished granite. The Ceramic tiles are beautifully fitted up to 2 feet about the counter and the rest is polished with OBD Paint. The fully furnished kitchen comes with SS sink, an exhaust fan and a drain. The balcony is equipped with anti-skid ceramic tiles, walls and ceiling has suited waterproof paint. The main door is made from exquisite hard wood frame, Skin Molded Internal Doors; Aluminum glazed Windows, Waterproof external paint, Granite or Marble stone Staircase and Common space with OBD Ceilings makes the apartments looks magnificent. The Bathrooms are furnished with anti-skid Ceramic tiles on the floor, glazed ceramic tiles for the walls, standard WC washbasin, Shower cubicle in toilets and towel rails. The plot is totally elegant and sophisticated to live in a peaceful way.
Apartments: Apartments are ready to move-in space, which generate income through rental process. The rent appreciates over the years and is a great way to invest for a fixed income every month. The initial fund required to invest in an apartment is far less than the plots or Villas. You also get to enjoy the amenities provided by the builders. The maintenance is always there and is never a head-ache for you. The apartments always have a tight security and a great place to live or rent out. Although, the space constraint always remains static and it is a bit cumbersome to modify the design and structure of the apartment. Resell value of the flat is bet on the demand and supply in the market trends.
Plots: If the client or buyer is interested and looking only for open spaces to design it in a particular way, plots is the best investment option. The flexibility of the plot is higher as it is open to modification and expansion. Plot brought in a prime location is a good investment although it may suffer the process of litigation many a times. The client needs to have a high reserve of money to buy a plot. The extra finance and effort to needed to hire an architect, bring in raw materials, process of construction and design is to be noted here. The rate of return is higher due to the demand and supply gap in the market. Value of the land always appreciates over the years even if the building is torn down.
Villas: Living in a Villa gives someone a feeling of living in their own independent house while still enjoying the benefits provided by the housing societies. If you are a long term investor (7 years or more), Villas offer good returns compared to apartments. Villa prices are said to appreciate over the years compared to apartments. The investment for the construction of the villa is huge as it combines the benefit of apartments and plots and usually is built to attract the affluent class customers.
The property developers shaped the skyline across residential, commercial, retail, leisure, and hospitality sectors across south India. An ISO 9001:2000 certified company, this is the only company to have won the reputed FIABCI award for the software and residential facilities. They also won Crisil DA1 Developer rating the recognition for the quality of their projects and their ability to deliver the completed projects on time. They are the only group to win this award across India.
The Prestige Group specializes in residential property development, commercial property development, leisure and hospitality, retail industry, property management., senior housing and healthcare property sales, and interiors. Prestige is a full service brokerage company of full- service commercial real estate recognizing each client is unique and providing what they need.
Founded in 1986 the turnover of the group is more than 3518 cr, completing more than 247 projects of 134 million square feet. The landmarks the company has launched are amazing. The Prestige Acropolis has greek architecture and is a premium residential development in Bangalore. The Prestige Ozone is the first gated community in Bangalore. The Forum Mall designed by the Prestige group is a retail revolution in Bangalore and the first successful retail mall having modern detailing in the country.
The Collection, UB City is the first luxury mall. The Prestige Golfshire is the first golf villa development across 275 acres. The property has ultra-luxurious mansions, a clubhouse, falcon greens, a luxury spa called Quan, a private lake, championship sized golf course. Apart from this, there are many projects built by Prestige group, some residential, some commercial, retail, leisure, and in all sectors.
They have been awarded “admired leader of Asia” in the year 2014-15. The company’s investor relationship (IR) program was awarded the second bwst in Asia. They have also won prestigious awards like Asia Pacific Property Awards, Asia Pacific Hotel Awards, Cityscape Awards, Indian Realty Awards, Sristi Goodgreen Governance Awards, PEvonia Asia Spa Awards, Builder’s Association of India, and Confederation of Real Estate Developers, and many more.
The Prestige group introduced some reputed International brands in south India such as HAmilotin group and Marriott International Hotels, the Banyan Tree resorts, and Oakwood service apartments. In association with Starwood hotel and resorts the company launched their hotel, “The Aloft” in Cessna Business Park in 2014 and will be; launching Sheraton Hotel in Prestige Shantiniketan in the future. The company also has world-class clients like Intel, Microsoft, Hewlett-Packard, Oracle, IBM, and Cisco to name a few.
The Prestige City is a vast residential township being developed by the Prestige Group spanning a total area of 180 acres in the upcoming and cosmopolitan locality of Sarjapur Road. This township consists of villas, 2 and 3-bedroom apartments, 4-bedroom penthouse units, and a plotted development, all located in gorgeous verdant surroundings. This new-age township offers a plethora of elite and sophisticated residential options to its discerning customers. This township also has a whole host of world-class amenities on offer, which include an elegant and spacious clubhouse, a multipurpose hall, swimming pools for adults and children, a gymnasium, yoga and meditation decks, a health club and spa, gaming arcades, indoor games rooms, and a basketball court, to name a few. Developed by the Prestige Group, the leading real estate developers of South India, this township stands as a true testament to the Prestige Group’s vision of excellence, quality, and luxury. This in itself is one of the best reasons to invest in This Project. From its establishment in 1986, the group has built up a formidable reputation as one of the most trusted and reliable real estate development companies in the country. This much-awarded company is now synonymous with quality and luxury, having made its mark by providing premium real estate developments in various locations in the country, having completed and delivered 247 projects to date. This esteemed group now brings its vast experience and knowledge of just what the consumer wants to this latest project of theirs by developing a township that is completely in tune with the pulse of the consumer – high quality residential units and a well- planned and designed plotted development replete with a plethora of world-class amenities, set in pristine, beautifully landscaped surroundings. Another added advantage of investing in This location. The township is located at one of the most rapidly developing localities in Bangalore today, Sarjapur Road. Sarjapur Road is seeing rapid development of social and physical infrastructure and the township has easy connectivity to major hubs of employment such as Electronic City, BTM, Koramangala, Marathahalli, and Whitefield, with connectivity set to improve further as the infrastructure in the area is developing almost by leaps and bounds almost on a daily basis. There are numerous healthcare institutions of repute, educational institutions, and multiple avenues for recreation and leisure in the vicinity of the township. Investing in Prestige City is the best decision as it offers a whole host of residential options along with world-class amenities located in one of the most upcoming localities in the city today, all within easy commute from other parts of the city, and above all else, is a project being developed by the esteemed Prestige Group, a name that inspires trust.
The distinguished and esteemed upcoming residential project by the Prestige Groups is The Prestige City in East Bengaluru. This residential project is draped with vast lands, greenery, and nature is located specifically on Sarjapur road. The residential area is equipped with two, three, and four-bedroom designs along with luxury villas and plots. The 180-acre land is filled with abundant greenery, trees, and fresh clean air making it a heavenly experience to live in. The bountiful amenities provided by the builders make your life easy and entertaining. Amenities like a swimming pool, kids play area, in-house club, multipurpose hall, landscaped gardens, gyms, health club, spa, and many more are provided by the builders.
The most sought residential area on the east side of Bengaluru is a prominent place due to its leading connectivity to the other parts of Bengaluru. Sarjapur has good connectivity to the IT hubs like White Field, Electronic City, Marthahalli, Koramangala, and outer ring road. Most sought out It Parks, Hospitals, Schools, Colleges, Shopping Malls, are located close to the area. The Kempegowda International Airport is just 1.30 hrs drive from the area. The Namma Metro line is Proposed and will make transportation even easier. The average asking rate ranges from Rs 4300 per sq. ft. to Rs 5700 per sq. ft. The rental rate varies from 10,500 to 15,000 INR for 1BHK, Rs 17,200 to Rs 21,000 for 2BHK and Rs 22,800 to Rs 29,500 for 3BHK. If you are looking for luxurious independent places to live in, you can always opt for villas and independent houses. There are many plots available for those who want to design their own living space.
There are many commercial hubs in the area making it the best place for everyone to live. The employees can commute easily with 24/7 transportation available via various transportation modes. The kids have so many great schools and excellent hospital facilities are available for all. The elderly can spend their time in the neighborhood walking or the clubhouse socializing with other folks. Smart City is the right place for everyone to live.
The Prestige City also commonly termed as the Prestige Smart City is a venture of Prestige Groups in east Bangalore off the Sarjapur Marthahalli route. It is an upscale, luxurious project designed to meet the customer's needs as per their specification. The project offers 2BHK, 3BHK, and 4BHK luxury apartments of various prices.
The Prestige City is an ostentatious building standing tall among its competitors amongst the lush green trees and nature. People from all around the world are interested in buying an apartment as an investment to live in or rent out. The builders provide you with the finest amenities and conveniences to make your stay happy and relaxed.
The Prestige City is foreseen as one of the biggest residential endeavors in Bangalore’s real estate deals. The Prestige projects are acknowledged for their excellent architectural designs, strong engineering methodologies, and structural stability. Amenities include diligent recreational hall, leisure, sports, safety and community sections. Well drafted clubhouses, gymnasiums, swimming pool for adults, aerobics, yoga studio, community hall, multipurpose hall, amphitheater, board room, swimming pool for kids, garden area, barbeque zone, outdoor party lawn, courtyard, indoor party room, gaming room, indoor gaming room which includes table tennis, cards room, billiards, squash court, carom. Badminton court, cricket pitches, basketball court, volleyball court(half), tree-lined walkways, seating courts, flower ponds, parks, outdoor playing area for kids, pets zone, senior citizen deck, rainwater harvesting wells, in-house waste management system, full-time power supply with back up, 24/7 water supply, hi-tech secure surveillance systems, café, saloon, spa and provision for convenience store and ATM have been planned out.
When the Prestige Group offers you with o many conveniences and facilities, clients line up to invest and expect a good return every year. The Prestige City is a hotspot on the market and the right place for you to invest considering its regulations and well sought-out legal procedures.
The Prestige City is the latest real estate development project of the elite and renowned Prestige Group, located at Sarjapur road in south-east Bangalore. With a well-deserved and well-earned reputation of developing luxurious and high-end residential projects, the group has left no stone unturned in putting in its very best in this latest development project. The Prestige City, located at the coveted destination of Sarjapur road spells elegance and luxury in its every aspect. Spanning a vast and verdant 180 acres of land area, this township offers discerning buyers Vaastu-complaint villas, 2 and 3-bedroom apartment units, and a meticulously developed plotted development. A unique feature of the township is that it also offers lavish and elegant 4-bedroom penthouse units that come with their own private gardens. As with every project the Prestige Group undertakes, this township has been meticulously designed and planned to encompass an abundance of green and open areas replete with landscaped gardens and multiple aesthetic and water features to provide tranquil and aesthetically pleasing surroundings to the residents, in order to ensure a stress-free and peaceful lifestyle. This peaceful lifestyle is further encouraged with a number of jogging and walking tracks in the township. There is a plethora of amenities in the township for the exclusive use of the residents such as a luxurious and exclusive clubhouse, a multipurpose hall, a kids’ play area, swimming pools for children and adults, a senior citizens’ zone, a well-equipped gymnasium, a health club and spa, meditation and yoga decks, provisions for indoor games, and also provisions for outdoor sports such as a badminton court. The township also includes a golf course. There is the availability of 24/7 power back up and 24- hour water supply. This new-age township promotes a holistic and eco-friendly lifestyle with rainwater harvesting facilities and a system of water treatment plants with a vast supply network. Also in the township are provisions for an organic waste convertor, water recycling, and a sewage water treatment plant. The whole township is under the watchful eye of a well- manned, high-tech security force that is on the job 24/7 with CCTV monitoring of all major areas and controlled access point in the township with security cabins at all entrances and exits. This holistic township is slated to have within itself malls, retail outlets, banks, office spaces, hospitals, and schools too.
The Prestige City is an elite and opulent township currently under development by the Prestige Group on Sarjapur road. Brought to you by the well-renowned Prestige Group, one among South India’s most trusted and well-reputed real estate development companies, this approved freehold property is located in pristine environs spanning a vast land area of 180 acres. This township consists of 2 and 3-bedroom apartment units along with 4-bedroom penthouse units, which boast of their own private gardens. These Vaastu-compliant modern apartment units are tastefully designed to evoke a sense of immense pride in the residents. Careful planning and design have gone into the layout of the units with wide, spacious balconies and an ample number of wide windows per unit to ensure that every apartment is well ventilated and well lit, flooded with natural light. The epitome of modern design and superior construction methods, these spacious apartment units are constructed using RCC structures with precast technology, employing only the very best, high-end fittings, ceramic vitrified tiles, and wooden laminated flooring where applicable. The towers are strategically located within the township to overlook the vast open areas and beautifully landscaped garden areas, ensuring that the residents of the apartments have a beautiful, tranquil view in every direction. The salubrious surroundings of the township have an abundance of landscaped gardens, vast open green areas, and thoughtfully placed water features and other design features. The Prestige City also boasts of a number of luxurious and world-class amenities for use by the residents, such as the elite and exclusive clubhouse, a multipurpose hall, a number of jogging and walking tracks, swimming pools for the use of adults and children exclusively, a skating rink, a health club and spa, a well-equipped gymnasium, a play area for children, and a senior citizens’ zone, among others. There is also a golf course in the township. For the safety and security of the residents of the township is an elite security force that is on call 24/7 and there are security cabins at all entrances and exits. CCTV monitoring, door video phone and intercom facility add to the sense of safety of the residents. The Prestige City apartments are the perfect choice of luxury residence for the upwardly mobile and modern Indian family.
Prestige City is pretty close to almost all the central locations and can be reachable by either mode of transportation available. Apartments located in The Prestige City are in high demand due to their availability to other parts of Bangalore. Sarjapur main road is close to White Field, Electronic City, and Martyhahalli, and various other prominent places like these. If you are a commuter to Yelahanka, it takes about 32kms to reach Prestige City via NH75 and NH44. The travel time may vary from 45 minutes to 1 hour. Various Public and Private transport are available, including Metro, BMTC buses, cabs, taxis, and auto-rickshaws.
If you looking to travel from Bannerghatta, the distance from there to Prestige city is 13kms via 100 feet Outer Ring road, which approximately takes about 45 minutes. If you travel via Hosa road it would take around 50 minutes, and about an hour if you go from Ambalipura-Sarjapur Marthahalli road. The distance from Jayanagar to Prestige City is 13kms via Martyhahalli-Sarjapur main road. You can also take 100 feet road or the Ouetr ring road, which takes about 30 to 40 minutes to reach. From Banashankari, Prestige city is 20kms away, via Sarjapur-Mathahalli road, with a travel time of 45 minutes. You can also go through 100 feet road or the Outer Ring road, with a distance of 22kms ad takes about 1 hour. To reach Majestic you can take Marthahalli-Sarjapur road and Hosur road with a distance of 17.3 km , travel time of 40 minutes, or Marthahalli- Sarjapur main road, a distance of 17.4 km, of 45 minutes or via HAL Old Airport Road with a travel distance of 22kms and travel time of 50 minutes. If you were want to travel to JP Nagar, the distance 12.6km via 100 feet ring road or outer ring road, with travel time varying between 35 to 45 minutes. From Electronic City, it's 13km via Hosa road and can be reached in 15 to 20 minutes on an average traffic day. You can also traverse through Electronic City flyover with a distance of 20km, taking 25 minutes., or the Ambalipura-Sarjapur road and Haralur main road with travel time of 30 minutes, with a distance of 14.5km.
Marthahalli is 8km away via Doddakannehalli- kaadubeesanahalli road which can be traveled in 10 to 15 minutes. You can also take Ambalipura-Sarjapur road or Marthahalli Sarjapur road and NH44, of 12km, with 20 minutes. White Filed is about 12.2km away via Gunjur- Doddakannehalli road and SH35 with a travel time of 25 minutes. Alternatively, you can take Ambalipura-Sarjapur road, Marthahalli Sarjapur road, NH44, and Hal Old Airport road with 18 km and a travel time of about 35 minutes. Other areas are also very proximal with many alternate ways with must time varying according to traffic.
Prestige City is pretty close to almost all the central locations and can be reachable by either mode of transportation available. Apartments located in The Prestige City are in high demand due to their availability to other parts of Bangalore. Sarjapur main road is close to White Field, Electronic City, and Martyhahalli, and various other prominent places like these.
If you are a commuter to Yelahanka, it takes about 32kms to reach Prestige City via NH75 and NH44. The travel time may vary from 45 minutes to 1 hour. Various Public and Private transport are available, including Metro, BMTC buses, cabs, taxis, and auto-rickshaws.
If you looking to travel from Bannerghatta, the distance from there to Prestige city is 13kms via 100 feet Outer Ring road, which approximately takes about 45 minutes. If you travel via Hosa road it would take around 50 minutes, and about an hour if you go from Ambalipura-Sarjapur Marthahalli road.
The distance from Jayanagar to Prestige City is 13kms via Martyhahalli-Sarjapur main road. You can also take 100 feet road or the Ouetr ring road, which takes about 30 to 40 minutes to reach.
From Banashankari, Prestige city is 20kms away, via Sarjapur-Mathahalli road, with a travel time of 45 minutes. You can also go through 100 feet road or the Outer Ring road, with a distance of 22kms ad takes about 1 hour.
To reach Majestic you can take Marthahalli-Sarjapur road and Hosur road with a distance of 17.3 km , travel time of 40 minutes, or Marthahalli- Sarjapur main road, a distance of 17.4 km, of 45 minutes or via HAL Old Airport Road with a travel distance of 22kms and travel time of 50 minutes.
If you were want to travel to JP Nagar, the distance 12.6km via 100 feet ring road or outer ring road, with travel time varying between 35 to 45 minutes.
From Electronic City, it's 13km via Hosa road and can be reached in 15 to 20 minutes on an average traffic day. You can also traverse through Electronic City flyover with a distance of 20km, taking 25 minutes., or the Ambalipura-Sarjapur road and Haralur main road with travel time of 30 minutes, with a distance of 14.5km.
Marthahalli is 8km away via Doddakannehalli- kaadubeesanahalli road which can be traveled in 10 to 15 minutes. You can also take Ambalipura-Sarjapur road or Marthahalli Sarjapur road and NH44, of 12km, with 20 minutes.
White Filed is about 12.2km away via Gunjur- Doddakannehalli road and SH35 with a travel time of 25 minutes. Alternatively, you can take Ambalipura-Sarjapur road, Marthahalli Sarjapur road, NH44, and Hal Old Airport road with 18 km and a travel time of about 35 minutes.
Other areas are also very proximal with many alternate ways with must time varying according to traffic.
Choosing an apartment is not only a challenging situation but a demanding one too. There are a few factors you can look into while searching for an apartment.
Location: having your him e in a prime location is more of added advantage. Staying close to your work saves a lot of travel time and energy. It gives access to other parts of Bengaluru, where you get what you are looking for.
Builders: Choosing reputed builders guarantees the quality of the products used for building as well as the comfort they provide inside the gated community.
Reviews: taking a survey before buying your home is a good idea. A lot of people who live there and have lived will give you a clear picture of what it feels like to own an apartment.
Amenities: the amenities are the best features of staying in an apartment. You get to enjoy all the benefits without having to travel to enhance your habb9oes or spend time with your loved ones.
Appreciation value: checking for the rent price in the neighborhood and the appreciation value over the years help. The usual appreciation value is 4% annually, which is a good return.
Floor plans: inspecting for the proper elevation of the property, checking the floor plan for proper size and configuration, measurement and design, ample natural sunlight, and ventilation.
Choosing properties with clear title: avoid legal complications, check your sale deed approved by Bangalore Development Authority, Bangalore Metropolitan Region Development Authority, or Bangalore International Airport Area Planning authority.
Nature and surroundings: if you are a buyer looking to settle down in the suburbs, take a look at the surrounding environment. Check for the traffic noise and clarity in your surroundings.
Security and safety: there should be 24/7 CCTV monitoring. The in-gate police to look after your safety, continuous monitoring and gated community is the best option.
A prospective home-buyer often encounters these three vital words - Carpet Area, Built-Up Area & Super Built-Up Area. It becomes very essential to familiarize oneself with these important terms, as they play a decisive role in your home-buying endeavour.
Carpet Area: Carpet area can be defined as any space between the walls that makes up the net usable floor area of a house. For simple understanding, we can infer that, carpet area is the area within the residence, which can be covered by a carpet; this is indeed your personal space which could be used within the house. This measurement will not count the area capped by balconies, terraces or even the external walls. However, the thickness of inner walls of the house will be considered for calibrating the carpet area. The RERA (Real Estate Regulation and Development) Act mandates the developers to disclosure the carpet area based on which sale price could be compounded.
Build-up Area: Build-up area is computed by summing up the carpet area with the area covered by walls (thickness) plus the area of balconies and terraces. It is important to note that the common walls which are shared with the adjacent units contribute 50 percent while other independent walls are fully considered for computations. So, here comes the formula for calculating Built-up area:
Built-up Area = Carpet Area + Wall Area + balcony area + terrace area
Super Built-up Area: The Super Built-up Area can be defined as the total summation of built-up area with commensurable common area (like lobby, corridors, staircase, generator rooms, elevator, shafts, clubhouse, security room or any other common areas within the township). However, Super Built-up Area will not include areas covered by common facilities like water tanks, underground sumps, weather sheds, lofts, swimming pools and sports areas to name a few. Developers charge the buyers based on this measurement as it covers their cost of construction, making it the “saleable area”. It is important to note another vital parameter – the loading factor without which we cannot fully understand the concept of Super Built-up Area. Loading factor is the proportionate share of the common area in an apartment calculated by applying a multiplier (say 1.25) to the carpet area; this compounds to an increase of around 25 to 30 percent of the total saleable area. So, the formula to calculate Super Built-up area is:
Super Built-up Area = Carpet Area (1+ Loading Factor)
The Prestige City located in South eastern part of Bangalore,is evolving and has emerged in to a transformation. The location favours IT proffesionals working in Electronic city, White Field asnd Marthahalli. There are many pl;aces where you can buy and shop for the things you needs. The Market Square Mall with multiple hypermarkets and supermarkets like More Supermarket, Spencer’s Hypermarket, and Families Hypermarket. There are other stores here like Looking Good Furniture, Mega market, and Adidas.
Reputed educational institutions like Delhi Public School, Indus International School, Swiss Graduate School of Management, Bangalore Technological Institute, and the ISME International School of Management Excellence are in the locality. The connectivity and transit points are amazing. You can easily commute to White Field, Electronic City, Kormangala, Marthahalli, Outer Ring Road, and Silk Board. The Hosur/Haralur/Chandapura Road connects well to Electronic City IT Hub.
The Kempegowda International Airport is just 52 kilometers accessible via Outer Ring Road and Hyderabad-Bangalore Highway. The nearest railway station is just a kilometer away from Prestige City. The Electronic City Phase I is expected to get a boost from the upcoming Metro rail. The locality is very close to Billapura lake and is known for its greenery. There are also unmanned retail spaces for the buyers and already installed spaces where you can buy the kinds of stuff you need. The proposed 6-lane is said to reduce traffic congestion stretched the residential destination. There are also many upcoming projects attracting large-scale projects in the region. This will make the business flourish in Sarjapur. 50% of the micro markets are developed and ready to move in, 30% of the markets are nearing completion. There are many custom-designed vending machines and self check out kiosks.
Initially, many government employees and executives working for prominent industries were residing in Sarjapur. The IT hubs located in the belt made the IT crowd move in here. Thus Sarjapur was made into a major residential hub. Now Sarjapur is Bangalore’s third fastest- growing residential hub. The locality is closely located to Electronic City and the property prices have been appreciating by 32.56%. the property in many micro markets was priced at Rs 5700 per sq ft at the end of July 2017 and has been increasing since then.
Sarjapur is often also been chosen for office space by many Multinational Companies (MNCs). Tech Bellweather, Wipro, L&T Infotech, Infosys, Ness Technologies, Microsoft, Fidelity Oracle, KPMG, and many others are placed in the locality. This helps to bring in the IT crowd and since they work from home trends are taking off now due to pandemics, more employees are opting to work closer to their office space and own a comfortable house to work from. About 24000 people work in Sarjapur in IT and is being considered as the biggest IT ecosystem of Outer Ring Road. There is about 2.7 million sq ft office space and thrice the amount of residential space with a lot of natural light and clean air. The gated community and safety of residenttts with luxurious amenities are the factors to consider while investing in Sarjapur.
If you are raising a family there are great schools, well-established hospitals, great restaurants, and social structures, very cool shopping malls, an available transport system, all the services you need at your hand. The connectivity from Sarjapur is excellent, with different kinds of transportation modes. There are also many residential projects coming up with multiple builders. The apartments, plots, and villas are available in all configurations and at different prices. If you are looking for a home, no need to go anywhere. Sarjapur is the place!
The project offers 2BHK, 3BHK, and 4BHK luxury units with varied configurations and different prices. This is a well-lit and ventilated space and is Vaastu complemented with high-end interiors and designs with great architectural work. Sarjapur is a hotspot for working employees to buy their home here, closer to work and easier for commutation to other parts of Bengaluru, with all the transportation available in the area. The city is significantly closer to White Field, Electronic City, Madiwala, Koramangala, and Hosur road. Hurry up, and register!
1. Strong connectivity: to get comfortable in urban life means to access all locations and save time on travel. Making commuting easy to prime locations in the city is one of the prerequisites to consider before relocating to any part of the world.
2. Employment Hub: being one of the fast-developing IT bub of the city, major companies like Infosys, Wipro, are locating here. It also connects to White Field, Electronic City, and other IT hubs.
3. Hospitals and schools: reputed hospitals and schools like Indus International School, Greenwood High, Harvest International School, Silver Oaks International School, Oakridge International School, and Global Indian International School are in the area for your family’s care and education.
4. Unparrarel living standards: Contemporary lifestyle, restaurants, shopping malls, sophisticated clubs, associations, elite places, and utilitarian shopping malls are here.
5. Places around: some attractive tourist spots like Billapuraand KAikondrahalli lake, lush green surroundings, tranquil ambience, away from social noisy encroachments for you to have a perfect life.
6. Great future: c raetes a lucrative future if you decide to buy an apartment here. Great returns on Investment, inflation in the property value every year, good lump some rental income makes your life easier knowimg you put your money in the right place.
7. Amenities: apartments are a blend of luxury and necessities. Amenities like clubhouses, parks, walking/jogging tracks, gyms, swimming pools, indoor games, outdoor sports, billiards, aerobic deck, yoga space, grilling space, multipurpose hall and everything else is in the apartments.
8. Capital and rental income: Sarjapur has witnessed a surge of 2.6% growth in the previous years. The average ask rate is 4300 per sq ft to 5700 per sq ft. average rental rate for 1BHK is around 10,500o to 15000 INR, for a 2BHK is 17200 to 21000 INR and 3BHK is 22800 to 29500 INR.
The advanced pioneering towers by Prestige Group, Prestige City are located off Sarjapur road in Bangalore. It has 3000+ apartments, 140+ villas, 150+ plots, spread across 180-acre land with multiple housing blocks. The apartment has 1,2, and 3BHK apartments with 30X40, 40X60 sizes. This is one of the most awaited projects. The Prestige City apartments are easily sellable. They give you high returns either while selling or a good source of passive income while renting out. Everything is easily accessible from this location, be it your work or leisure activities. The open green spaces and serene surroundings offer you peaceful living. There is plenty of natural light and air, keeping you healthy and happy.
Your kids have all the recreation and open space they need to grow. The tight security 24/7 with continuous monitoring of the police and the guards ensures and guarantees your safety. The standard of living is excellent here, with similar type neighbors. The builders make sure of sustainable living at a reasonable cost, giving lots of provision for commercial and residential spaces. High-end infrastructure, great engineering work, and very innovative architectural designs are par with the ‘smart city. There is a lot of freedom of space. The landscape view is amazing with a lush green environment. The latest and loads of amenities are provided to make your stay and life enjoyable.
The builders guarantee high returns, high rentals, safe investment, and easy to resell options for the investors. The homebuyers will have on-time delivery, brand value, quality of construction, hassle-free lifestyle, the value of money, and security of invest, met. The buyers can opt for villas and plots as well. The villas come with an independent garden, spectacular landscape view, amazing amenities, and plenty of open spaces for walking, jogging, exercising, quiet time to enjoy your book or sip a cup of coffee. Prestige city is the place. Don’t do looking anywhere else.
Owning your independent dream villa at Sarjapur road will give you an elegant and opulent lifestyle set in serene and peaceful surroundings with a whole host of world-class amenities at your fingertips. There are numerous elite real estate development projects currently underway at Sarjapur road, but how do you decide which one is the one for you? Here are some pointers that should help steer you in the direction of finding your dream villa on Sarjapur road:
Location – This location of the project is of utmost importance. The ideal location is one where you can reside in peaceful surroundings, but also have easy connectivity to other parts of the city such as your work place. The locality of choice should be well connected to the rest of the city with ample public transport available. Also, the neighbourhood should be safe with sound physical and social infrastructure, with educational and healthcare institutions and avenues for shopping and entertainment easily accessible.
The builder – The builder of the project has to be a reputed company. You will have to look into their reputation carefully – how is their quality of construction, how experienced are they, what amenities do they provide, do they meet their delivery timelines, how high is customer satisfaction are some of the questions you have to ask before you choose a builder whose project you are interested in.
Legal help – This is crucial as buying real estate is a lengthy process and a lot of paperwork is involved. Also, rules and regulations differ from state to state and you will need an experienced law firm dealing in property to guide you through the process.
Property appreciation – Your dream villa is an investment for future generations and should be able to generate a high return on investment should you choose to sell it in the future. You will have to consider the real estate appreciation values of the location before investing in your villa.
The reasons to buy the apartment in its pre-launch serve you many benefits. Sometimes the builders put the apartment listing open in the pre-launch market, even before getting the regulations set by the authorities. Here are a few reasons why you should buy:
Reduced Prices: the rates are reasonable, and usually at low prices, sometimes maybe 10 to 40% lower than the ready apartments, post-launch. This is because the builder can raise the capital interest-free by pre-booking launch amounts and offer low rates to the buyers.
Make a profit later on: you get the property at low rates, that’s a profit. Later on, you can sell it at the current market prices once the project is completed and book your profits.
Quick Launch and Project completion: The pre-launch capital makes the project complete at a faster pace than the regular speed., the project once completed can go for a higher price depending on the location and the benefits surrounding it.
Modification: the offer put on by the client during the pre-launch opens a few doors. There are always certain alterations and changes that are allowed for the buyer to pitching in early. So design the hone as you wish, but don’t forget to pre-book.
The risk appetite is a usually little high and depending on the market and your needs one need not go into pre-booking necessarily. But you get to see the benefit side too and it's far more beneficial than its riskier. Location volatility is looked for and the trustworthiness of the builder is essential here, which fetches you more income. You can buy your apartment as well as alter it as your requirements to live in and work from home or to rent out to the tenants and generate a passive income.
Real estate is one of the best options in investing your money, with the lowering in interest rates, more and more people are owning the house than renting out. Multiple developers are now offering discounts and great bargains for the clients, making them fulfill their wishes. Many clients opt for pre-launch homes while some particularly search for ready-to-move-in apartments.
If you are a client looking for ready to move in apartments:
It helps you avoid costs of trental accomodation, long waits in the cities waiting for your project to be completed. It gives you a sense of security, while you can check in on your neighbors and infrastructure, in the vicinity of the house before buying property. Buyers see that he gets with no risk of potential changes in the future. The construction quality, social and physical imnfrastructure, home loan facility can be ascertained. There is no risk in cost escalating and physical damages and changes.
The downside of ready-to-move-in houses is it is priced a little higher than the under construction propoerty, and it may not be ideal for inveatment option, in appreciation point. buyer may not have the freedom to choose floor or configuration, as compared to under-construction property.
If you were looking for an under-construction property:
These are usually paced in the non-established parts of the city, and hence prices may easily escalate and future development is good. But you got to be careful while looking at location and plan. Buyer has flexibility in payments of these properties, while he gets choices like construction–linked plans, subvention schemes, flexible payments plans, etc. You get great transparency and compliance from the developers and boost home buyer's confidence in investing under construction apartments.
To enjoy the benefits of living in a part of Bangalore, while reaping the benefit of a complete living experience, the township is the project to choose. The complete and convenient living experience is a top priority for most homeowners to balance life and work. To enjoy the downtime of fast-paced work, with better returns, low maintenance, and great resale value, the township has the advantage.
Apart from spacious apartments, airy space, green land, excellent infrastructure, schools and hospitals nearby, shopping malls, we usually end up with a crowded 2 bedroom apartment overlooking a crowded street. To eradicate these problems, developers across the city have re-0discovered the township model and developing little cities outside the metros. Developers are offering various options to select from like resort themes, forest-themed, and various other choices to choose from.
The cost of entry is low when compared to moving into the city. Most townships are developed outside the city, with land prices way low than the city. Townships are self-sustaining and less volatile in the market. On average 10-12% appreciation can be seen anually over the time frame of 5- 7 years. Property value is said to double in 6-7 years.
Now townships are setting up a new trend, “walk to work” or “walk to school” very seriously. Most of them are very close to industrial areas, and software parks. The integrated townships started developing, many foreign investors were interested and started investing, taking the market value high. Around 28% of the investors are from private equity centers, due to its diversification, low-cost entry, and low-risk investment with upside potential.
The land measurement of 25 to 2500 acres is considered a township, with excellent amenities, quality work, great architecture, and a tranquil ambiance to live in. this can be a great investment in the future, while you lead your life peacefully in nature.
Urban living does have its distinct advantages; however, living in the city also comes with its fair share of stresses. One of the biggest stressors is the daily commute to and from work. With daily traffic snarls and a lot of time spent stuck in traffic, this daily trudge to work and back home is what people dread. The trend these days is to live closer to your work space and here are some of the advantages of doing so:
Reduced stress levels, increased productivity – Living near your work space cuts down on the time spent stuck in a vehicle and stuck in traffic while commuting and to and from home to work. This greatly reduces the stress levels, leaving you being way more productive in your work day.
Time and money saved – One of the most significant benefits of living near your workplace is the amount of time you save in a day that you would normally have spent in travel. Also, this means a shorter and quicker daily commute, which means lower fuel costs and also money saved on public transport.
Health benefits – If you live sufficiently close to your workspace, you could consider biking or even walking to and from home to work, which will have huge health benefits in the long run. The reduced stress levels from not spending long hours stuck in traffic also have serious health benefits.
Work-life balance – With a shorter and easier commute to work, you will be able to begin your work day fresh and full of energy and also carry energy over back home at the end of the day, which will enable your participation in other non-work-related activities too, giving you the ideal work-life balance.
Environmental benefits – A shorter commute to work will have great environmental benefits with cutting down on vehicular exhausts, a major polluter today.
Builders provide amenities for their buyers, to enjoy the benefits and provide everything at their doorstep. Usually, these are entities are free of cost and designed to benefits the client's life. Amenities improve clients quality of life. Recreational amenities like swimming pool, Barbeque areas, firepits, gym/fitness area, yoga/cardio room, community clubhouse, playground, rooftop lounge area, community garden, media rooms, and common areas are present to enjoy your free time with your family and friends.
Pet amenities like pet-friendly units, pet washing stations, and dog parks are made available for animal lovers. There are transportation amenities like a secured garage, assigned parking spaces, carport, covered parking spaces, access to public transportation, electric vehicle charging stations, guest parking, bike storage, bike repair centers, ta maintain your vehicles.
Other community amenities like laundry facilities, laundry services, package lockers, gated communities, security guards/doormen, community events/classes, extra storage space, online rent payments, online maintenance requests are spot on 24/7. In-unit amenities like in-unit laundry, air conditioning, storage space or large closet, Patio or balcony space, dishwasher, energy-efficient appliances, high-speed internet access, large windows with natural sunlight, views, fireplaces, and hardwood floors to enhance the beauty and convenience indoors.
There are few things you should insist on before buying any apartment like Power backup, lifts, water supply, security services, recreational facilities, access to common spaces, water disposal, Vaastu compliment designs, and ventilation, to make your life easier. Neighborhood amenities like convenience to major roadways, accessible public transportation, nearby supermarkets, coffee shops, restaurants and trails, and bike paths, in your surroundings, to commute.
Amenities are for everyone, for people of all ages. From kids to youungsters to adylts to elders, they are designed for everyone's needs. The elderly can enjoy their retirement in peaceful gardens, cool surroundings, walking, sitting, or just meditating. The kids have all the space and sports they can play. The teenagers have several options to develop their interests ad the adults get a lot of facilities to enjoy their free time in any recreational activity.
Real estate in Bangalore is in boom after the pandemic, with people rushing to buy apartments, villas, and plots, close to their work or shifting to suburbs from the city. People are buying their places, making it comfortableee to work from home and commute easily. Here are some interesting facts about the real estate market in Bangalore.
Bangaloreans are going out of the city: People are moving away from the city, considering living in suburbs, and changing their address permanently. They are choosing places like Sarjapur, White Filed, and places closer to their work.
Most expensive Offices: Being one of the best cities for carreer growth in the world. With the growth in IT, offices are not cheap to set up.
Increase in demand: From apartments to plots to villas, the demand is rising every day. There is always new development t and new avitiy happening every day.
Richness: Bangalore is a hub of millionaires. Residents and non-residents have massive shares in real estate. There is always a rise in the real estate market and promises to give good returns annually. Rising prices: the market is growing consistently, and prices are going up too. This is a postive sign for massive growth and choosing here is the right thing to do.
Awareness: many say luxury properties in Bangalore are out of reach, but it’s a myth. Neighborhoods like Sarjapur and White Field are growing at a rapid rate, offering multiple options from buyers.
Online market: the properties now can be viewed virtually online and you can conduct all your proceedings online. With 600 million users, India is the second-largest online market in the world.
Location: the proximity to work is the main reason for the migration of people from city to suburbs, commutation is easier with a lot of free time and easy travel.
Investing in real estate is a major life decision and one that is usually taken with a lot of trepidation. However, the thing to know is that it is less risky than investing in the stock market, albeit the appreciation happens slowly as compared to the stock market. Here are some things to know before investing in real estate:
Do a comprehensive background check – Before investing in property, do spend time and do a completely thorough background check of the property you are interested in, in terms of location, the track record of the builder involved in the project, the legalities of the property itself – whether it is on disputed land or land unsuitable for construction. Enlist legal help where appropriate to go through the various documents and rules.
Calculate the expenses involved in advance – Investing in property takes a large sum of money and it is crucial that you calculate all the costs involved and arrange for the money involved in the purchase beforehand, so you do not have any unforeseen expenses coming up suddenly.
Study the finances involved – Take your time to study various loan schemes from different financial organisations before deciding on which one you will avail of. Do not use your liquid assets to buy property because according to financial experts, it is better to avail of a loan when investing in real estate and also, clean up your credit score so you can avail of a loan without encountering any problems. You have to be able to get your down payment ready before you decide on buying.
Keep your emotions in check – Many people end up taking the decision to invest in real estate emotionally. This will definitely create complications in the future. Control your impulses aside and think logically before arriving at a decision.
This Township Project is one of the biggest launches in the real estate domain of Bangalore. This mixed-development endeavour by Prestige Groups is a unique and one-of-a-kind formulation that presents diversified housing options to the home-buyers. There are many exclusive features of “The Prestige City” that makes this venture a nonpareil institution for fine living accomplishments. The township is coming up in Bangalore’s most endorsed residential destination, on Sarjapur Road close to major business centres and SEZs. The location of this development is one of the key highlights that holds the choicest podium for investments aided with potential value appreciations and substantial returns. Sarjapur’s proximity to major IT companies, ITeS, Biotech firms, tech parks and other employment zones with easy accessibility to Outer Ring Road, Hosur Road and other arterial roads keeps this region well connected with rest of the city. The Prestige City is outlined to be developed over a colossal premise of 180 acres to include three independent housing townships featuring different housing forms within the symmetry of this majestic community. The premise is also expected to host commercial office spaces and a high-street retail outlet.
This residential Township wing primarily holds three autonomous blocks one for each housing type – for apartments, villas and plots. The Apartment block includes high rise elevated towers hosting 3000 plus 1, 2 and 3 Bedroom luxury apartments crafted to perfection to include space effective designs aided with ritzy specifications and outlines. The elevated towers are structured to bestow utmost privacy, perfect ventilation and expansive views of serene outdoors. The Villa block features 150 plus villa segments with private gardens attached with each villa space. This opulent community is no less than a palatial paradise with state of the art amenities and facilities. The Plotted development within “The Prestige City” includes 200 plus residential plots of various size spectrums and phasings. The site dimensions offered includes 30 X 40 and 40 X 60 plots. The Plotted community features all essential infrastructural frameworks that includes wide tarred roads, UGD facilities, under-ground electric supply and water-supply lines, in-house waste management facilities, solar lightings, rainwater harvesting and water treatment plant to name a few. Project includes a swarm of top-notch amenities assembled as community, leisure, lifestyle, sports, fitness and entertainment niceties. The dedicated green zones are manicured to keep the campus well connected to nature and the premise includes expansive landscapings, gardens and water features. The prelaunch price quotes are pretty economical. The Prestige City is undoubtedly one of the best residential compositions to be considered for end- usage purposes as well as for investments.
Indian real estate has been always on the spot, now south Indian real estate is leading both in commercial and residential sectors. Pandemic slowed the sales, but now everything is back on track, creating a piece of an asset for any individual. The credible financial asset made the importance of staying at home safely and working easy.
The cities have been thriving in economic activities. Hyderabad and Bangalore have seen a year-on-year increment of 4% and 3% respectively in Q3 of 2020. South India has always been dominant that maintained limited new launches and focused on timely completion and consumption of projects.
The government and RBI strengthened the confidence of builders and buyers. The builders quickly adapted to digitalization and giving buyers an opportunity to invest. The IT/IteS sector is feuimg the housing demand and technology sector is the main reason for it. Southern India has majorly seen investment from tech giants and employees within and outside the country. The major mid-segment real estate market in southern cities added value to the infrastructure.
The start-up culture and boom in IT/ITeS attracted the Millenials to southern India, especially Bangalore and Hyderabad. Most cities have good connectivity to Metro in the southern region. The Chennai- Bangalore infrastructure corridor is the key drive for the Chennai real estate market.
In technologically driven cities like Bangalore, Pune, and Kochi, increased globalized cities, skills and competencies will always be on the rise. The cities majorly attract experts in the technical fields and the entrepreneurs, who later love to settle in the southern region considering the potpourri culture, food and climate. The pleasant weather throughout the year, excellent connectivity through air, water, and road, for all age groups is a major attraction to settle down. The ultra-luxurious homes, high-net-worth individuals, and the middle-income groups all can live in a community, which means the city has everything to offer.
The Prestige City is an upcoming mixed-development formulation of Prestige Groups that delivers diversified residential solutions to the recipients by catering villas, villaments, premium apartments and plots firmed across majestic boundaries of 180 acres to host independent enclaves for each kind of these housing forms. this project Developed as Prestige Avalon Park, Prestige Eden Park, Prestige Aston Park & Prestige Meridian Park as Residential apartments, Prestige Aspen Green as Villa & Prestige Great Acres as Plotted Development. project is outlined to be located in East Bangalore’s growth corridor just off Sarjapur Road close to all essential civic amenities and physical infrastructural frameworks. Yield analysis is a vital parameter in the real-estate domain that provides significant inputs to the investor about the properties’ estimated market value. It basically refers to the annular income obtained from the investment, indicated as a percentage of the investment’s aggregate cost. Yield of a property, per se stands for the ‘rate of return’ and yield analysis presents the collective data that defines the measure of the income produced by a property.
In simple terms, Yield analysis plays a major role in determining the benefits of investing in a property by actualising the fact on how efficient your investment is. Yield is calculated as Annual income / Total cost of the purchased property. Annual income need not essentially mean the rental amount obtained from the purchased property’s monthly rentals or lease; it could also be inferred as the amount you would be saving by making this purchase. Yield of a housing property or apartment township by large relays on the Developer’s brand name, the Developer’s reputation, the location of the project, its specifications &the amenities it offers.
Prestige City is one of its kinds that the realty market of Bangalore has ever witnessed to include all three residential categories within the capacity of single premise. Being a Prestige Project, the premise gains the elementary advantage of best branding, top amenities, exclusive housing options and clear title along with undisputable juridical property stature. This automatically sets a good potential yield value for Prestige City, making it an undeniable investment choice for all end-users and investors with diversified budget capacities across various housing forms featuring premium apartments, villas, villaments and plots. The location of the project is another vital reason which plays a major role in increasing the Yield value of Prestige City. The proximity of Prestige City to prime IT hubs of Sarjapur, Marathalli, Electronic City and Whitefield gives it an additional leverage over its peers. The upcoming Metro Rail line passes in close proximity to the premise; this would further gear up the property prevalence and preponderance. Prestige City is undoubtedly a right investment to make as per the yield analysis and assuredly subsidizes substantial value appreciations over time.
Prestige Group offers apartments, plots, and villas in various locations across Bangalore. Being one of the most prestigious and reputed groups, using quality engineering materials and giving the buyers the home they need, with excellent designs and outstanding architecture.
Prestige apartments are a gated community, giving you all the amenities you need to spend your time and cultivate your hobbies. Amenities like swimming pool, reading room, clubhouse, mini theatre, yoga deck, aerobics space, space for creche, tennis court, kids play area, senior citizens seating court, pet park, basketball court, indoor games room, badminton court, table tennis, health club, multipurpose hall with pantry, cricket practice net, walking track, jogging track, outdoor gym, provision of supermarket, gymnasium, open-air theatre, mini football field, leisure lawn, barbeque space, kids swimming pool, and other many cool facilities so that you don’t go in search of these places.
The apartments come in all sizes and configurations. The studio apartments, 1BHK, 2BHK, 3BHK,4BHK, independent villas with private gardens are available. The prices vary according to the size and location. The Prestige apartments are located in prime locations and are very close to the place of work like White Filed, Electronic city, Koramangala, Yelahanka, and many more.
There is an excellent transportation facility, buses, private cars, cabs, auto-rickshaws, and the Namma Metro line is being extended almost to all areas, if not it is under phase II construction. The neighborhood is being surrounded by outstanding educational institutes, schools, colleges, and medical institutes. There are a lot of recreational zones and centers like spas, salons, cafes, restaurants, gaming zones, and hotels. There is nothing you will miss if you choose one of the prime locations of Prestige Groups.
Why look somewhere ordinary, when you can afford and find 5-star living in one of these apartments. Hurry up, and book your slot!
There is excellent medical care for you and your loved ooones in and around sarjapur. Although the builders provide a clinic as an amenity inside the premises, you can easily reach some of the best hospitals in a few minutes.
Columbia Asia Hospital is open 24 hours and provides the best care for their patients,
Swarnamukhi hospital, Spanada Hospital, Swastik Hospital, Kshema Hospital, Motherhood Hospital, Doctor Levine Memorial Hospital, Sarjapur Circle Veterinary Hospital, Greenview medical Center – a multispeciality hospital, Town Hospital, dr sunny Medical Centre, NVS Arogya Multispeciality Clinic, Marvel Multispeciality Hospital, Lifecare hospital, Homeocare International Pvt Ltd, Shraddha Healthcare and nursing, Varalaksmi Hospital, Prashanth Hospital, St Johns Medical College and Hospital, Motherhood Hospital are few to name which provides excellent care for the patients. The hospitals are equipped with OT, Trauma Centres, Labs to do all kinds of tests, with great doctors at all times available for the patients.
The residential hub of Sarjapur has many amenities inside the gated community for recreational purposes but, also has an amazing neighbourhood with exceptional educational institutes, financial institutes, restaurants, cafes, spas, saloon, and shopping centres.
The Market square mall with an unpretentious enclosed shopping mall with diverse stores and ample on-site parking closes at 10 pm,
Soul Space Spirit Central Mall, on the outer ring road in Bangalore Central opens at11 am, is an in-store shopping centre,
Sri Durga Complex, Market Square mall, BBMP Commercial Plaza closes at 10 pm is a shopping centre with familiar chians of fooootwear, supermarket and fast food such as KFC,
Max world, Bake and Fry, KLM Fashion Mall Hindware Showroom for Chimneys and Hobs, Sneham Textiles, trends, Gayatri Shopping Mall, Bangalore Central, SVR arcade, Krishna Sai Enterprise, Kemp Fort Mall, Corner Crest, are some of the shopping malls in the area, close to Sarjapur.
The Forum Mall, Koramangala, in Hosur road is a contemporary mall featuring brand name reatils stores, restaurants, movie theatres, and grocery store,
The new residential hub of southeastern Bangalore is now equipped with all social structures to make the lives of residents less cumbersome. There are amazing educational institutes, research centres and medical facilities. the public and international schools include primary and higher educational premises.
The Primus Public School offers ICSE and IGCSE curriculum,
The Delhi Public School has a CBSE curriculum and its extensions can be found in cities like Mysore and Mangalore also,
Oakridge International School has CBSE, IGCSE, IBDP, and CIE curriculum,
The Harvest International School offers Montessori to 12 th -grade education with CBSE and IGCSE curriculum,
The Amaatra Academy of PES group offers a CBSE curriculum, The Indus International School is one of the best international schools offering IBDP, IGCSE, and IBPYP curriculum, The International School Bangalore (TISB), aims the students to go abroad to pursue higher education, Chrysalis high has several locations like in the white field, and Yelahanka, Greenwood High International School has 3 campuses, in Sarjapur Road, White Field, and Koramangala, offering ICSE and IGCSE curriculum, Gear Innovative International School is in Sarjapur road as well as HRS layout, India International School is affiliated with the ICSE board, having resident doctors, and gives importance to sports, Silver Oaks School-The School of Bangalore, provides a range of facilities for sensory, emotional, intellectual, and creative enrichment contributing to a child’s holistic development. Asia Pacific World School offers personalizes education and close partnership with parents, Floretz Academy Kasavanahalli has IOTA Accelerated Math program,
Sarjapur has many IT giants like Accenture, Capgemini, Cisco, HP, and Wipro. Besides these companies, Sarjapur is now home to prominent multinational corporations like Genpact, Paypal, ARM, KPMG, and Nokia. Recently Infosys acquired 202-acre land to set up IT SEZ.
Other major companies like SAP, ITC Infotech, Cisco Systems, Vmware, Flipkart, Dell Technologies, Robert Bosch, Thomson Reuters, Nokia, Intel Corporations, Goldman Sachs, Hewlett Packard Enterprises, J P Morgan, Samsung R&D Institute India, Deloitte, IBM, Mindtree, EY, Cognizant Technology Solutions, Amazon, Capgemini, IQVIA, CGI, Cerner, Oracle, Honeywell, HCL Technologies.
Sarjapur is now a fully developing residential area with lots of IT hubs, restaurants, schools, colleges, and other social structures. Apart from these facilities, there are lots of spiritual centers and temples for the seekers out there.
There is Hanuman Temple in 18/2B, Marthahalli-Sarjapur road, Sri Venu Krishna Hindu temple near Dommasandra circle, Maratha Halli- Sarjapur road, Sri Ayyappa Swamy Hindu temple, Marthahalli-Sarjapur road, Sri Channakesava temple, Mrthahalli-Sarjapur road, Sri Tirumala Swamy temple, Marthahalli-Sarjapur road, Banashankaramma temple, Marthahalli-Sarjapur road, Sri Vinyaka Temple, Bus stop, Marthahalli-Sarjapur road, Shiva Temple, #458/3, Lakshmi complex, opposite spring fields apts Bellandur, Bellandur, Hindu temple, Marthahalli-Sarjapur road, Shree Anjaneya temple, Marthahalli-Sarjapur road, Jai Hanuman temple, Service road, Sri Doddamma Davi temple, Sarjapur main road, Sri Shaneshwara Swamy temple, Marthahalli-Sarjapur road, Sri Muneshwara Swamy Temple, Marthahalli-Sarjapur road, Pillakham temple, Marthahlli-Sarjapur road, Sri Shirdi Sai Sadhguru Mandir, 49/11, 3 rd main, 4 th A cross road, Marthahalli-Sarjapur road Iblur Sri Dodamma temple, Iblur village, Bellandur, Om Shakthi temple, 102, Champa Ln, Green Glen Layout.
Township project comprising apartments, villas, plots, and commercial space. Township Project consists of land with multiple apartment towers, private villas, gated community, and residential estates. There are all the necessary conveniences and luxuries along with outstanding amenities provided to all the residents. The residential area is excellent with many IT companies in and around, to accommodate all class of people from kids to elderly.
Prestige Lakeside Habitat is another luxury township development in Varthur, Bangalore. It faces the magnificent Varthur lake, in the eastern suburbs of the city. The 102-acre last space is provided for 1BHK, 2BHK, 3BHK, and 4BHK premium homes. There are a total of 3426 luxury apartments, 271 luxury villas. The residents can enjoy 80-acre open land, with clean fresh air and an enthralling atmosphere. Varthur is connected to White Field, which is a giant IT hub. Amenities provided by the builders are most refreshing and enjoyable.
Prestige Falcon City is a luxurious township in south Bangalore in Anjanadri Layout, Konanakunte. The high tower comprises if premium apartments with a massive retail area and the largest forum mall. The 41-acre land provides 2BHK, 3BHK, and 4BHK luxury homes. The vital components of the apartments and all the civic amenities make it a perfect residential hub.
Prestige Jindal City is an ongoing premium township on Tumkur road, West Bangalore. The 32- acre land has 1BHK, 2BHK, 3BHK, and 4BHK premium apartments. The apartments are spread across 15 towers with 2/3 basemnts+ground floor+29 upper floors. The world-class amenities are breathtaking and the locality connects to most parts of Bangalore. Phase I of the project is said to complete by October 2021 and phase II is said to resume from October 2022 onwards.
The Prestige City is a brilliantly drafted Integrated-Community Development coming up in placid locales off Sarjapur Main Road close to major IT destinations of Whitefield and Marathalli. The premise spans superlatively over 180 acres and features meticulously outlined luxury apartments, exquisite villa abodes and benevolently dimensioned plots surrounded by beautiful green landscapes and state of the art amenities. Each of these housing forms is outlined to be arrayed over separate townships giving the ease of utmost privacy and comfort. The project is also outlined to host a high-street retail complex. This project is the best-to-invest property preference for investors and home- seekers looking for worthy investment options in strategic locales of East Bangalore. The residential ambience is sophisticated, more established and plush in Sarjapur compared to it its adjacent neighbourhoods and also offers wide variety of housing options to choose from, to befit the price spectrum and size range of investors. The value appreciation and rental returns on the properties are high in Sarjapur compared to its adjoining neighbourhoods. Whitefield is located at a distance of around 15 Kms from Sarjapur Road and Marathalli is located at a distance of 6 Kms from here. Sarjapur Road has presence of top end construction firms whose landmark ventures are sophisticated & exquisite and feature finest of premium abodes ranging from affordable homes to ultra-luxury class of apartments, villa spaces, villaments, penthouses, row houses, duplex apartments and studio apartments. The number of premium properties in Sarjapur Road is comparatively more when compared to Whitefield and Marathalli. Also, this region is well connected to IT hubs of Bangalore in various localities like Electronic City, Whitefield, Marathalli, Domlur, Koramangala, Silk Board, Mysore Road and other employment harbours along the ORR. The presence of Signal free corridor has significantly reduced the commuting time between these neighbourhoods. Also, the construction of flyovers and underpasses has reduced the traffic congestions in high traffic junctions. Sarjapur Road also has seamless connectivity with National Highways NH 207 and NH 4 that stretch towards Hosakote/Kolar and Hosur Road respectively. Sarjapur Road has excellent presence of all essential civic amenities in the form of good schools, colleges, hospitals, shopping malls, restaurants and entertainment hubs. Tops schools like Delhi Public School, Primus School, Prakriya School, Gear International, Sri Sri Ram Shankar School, TISB and Indus International School are present in near vicinity to Sarjapur Road. Manipal Hospital and Narayana Hrudayalaya are located at short-drive distances from here. This Township is undeniably the right choice for people working in areas like Whitefield & Marathalli and looking to invest in a premium property aided with complete residential package.
Prestige group has established itself as one of the successful and leading developers and builders in real estate across all classes. Innovation and technology have pioneered and set the trademark on Prestige Group. The first gated community project was set by the Prestige Group. The retail revolution in Bangalore, and globally recognized architecture, with the new benchmark in modern-day revolution, one can say.
The Prestige group has also engineered and designed the first luxury mall south India has ever seen. They have also completed the first golf villa development, a luxurious mansion, spa, world-class luxury, and a 5-star resort hotel with premium quality construction.
The wholly integrated township is developed by Prestige Groups. They also develop themed based apartments, sometimes resort-based, firest themed and also. The Disney-themed development was also the first described and implemented by the Prestige group. They have won the FIABCI award for their software and residential facilities. They have been successful in developing the skyline across residential, commercial, retail, leisure, and in hospitality sectors in South India.
They were recently awarded Crisil DA1 Developer Rating in recognition of quality projects and their ability to deliver the projects in a short span, making them the only property developer across India to receive this honor. They have completed more than 184 projects of a total developed area of over 60.74 million square feet in area.
They have another 57 projects comprising 59.24 million square feet and 43 upcoming projects of a total 44.11 million square foot area including apartment enclaves, shopping malls, and corporate structures in all asset classes. They have also successfully designed the interiors in the apartments which take the breath off the clients. Millions of clients have trusted the quality, designs, and engineering structures of the Prestige Group, making them the most trusted and reputed builders in the locality.
Owning a house in today’s market is not only a desire that you fulfill but rather taken as an investment or a means for passive income when you rent it pout. Here are four major reasons why you should own a house:
1. It’s your home: the feeling of owning a home, a haven, a means of comfort and luxury, where you spend most of your time either just being there with your family/friends or working. You get to decide how the interiors should be, what the color of your home will be. All shots are yours to call and live the way you want to. You get to do what you want and ignore what you don’t want. The feeling of owning a home is priceless!
2. Rent Vs EMI: if you ensure the EMI to be taken care of, then owning the home is the best option. This is the major reason why most people back out. From a logical point of view, paying EMI is as good as paying the rent. Or you can put it this way. You live in a home and pay rent; instead, own and live in a house and pay the EMI. And when you pay your installments you are not paying it for anybody else, you are just investing in your future, isn’t it?
3. Community Living: when living in a rented house, you often have to move and make new friends and meet new neighbors all the time. This can be chaotic. For some people who are already comfortable with the existing situations, this is very difficult. And some neighbors and locality might not be that welcoming. When you live in your own house, the circle is fixed. You are comfortable and well-adjusted to the scene. The feeling of security and belongingness is stronger when you live in a single place.
4. Stability: to live a stress-free and stable life, even if you are changing jobs or making another investment if you have a stable home, that helps a lot. The property always appreciates over the years and has a good strategy for passive income too.
Appreciation: overtime the average appreciation rate is 3.5% every year. Run the numbers and be aware when to invest and have an idea about the real estate market.
Investment: buying a home when you are young is a great advantage, it gets you a lot of rent money, as well as inflation, always gets you more than you invested. The appreciation takes place every year and it’s a great idea to start when you are young.
Return on Investment: the house you buy in your twenties or thirties can go a long way to give you good returns over time. The return on investment in real estate is good, in many ways too good than the bank. 80% of the millionaires use real estate to create their wealth.
Savings: buying a house is like forced savings, maybe a way to save up for your retirement. It’s a great way to invest and build your wealth over time. It’s a great asset, but few liabilities included.
Building Equity: when you buy a house, you are building your equity. You can rent a room out or the whole house, either way, it pays you back. When you plan to retire you can live off this equity. Every 8 out of 10 millionaires have this type of plan in one of their investment strategies.
Rental Income: if you treat your home as your business, it is generating you a passive income, it's an asset. You will be earning every month without doing much work. And the rental value also appreciates every year or as per your agreement with your landlord.
Creativity: customize and create the type of home you would like. Add the decors and customize the home in any way you like. Anything you want! Just build one. This attracts potentials customers.
Financing: diversifying your investment portfolio is another concept in financing, and putting some of your money in real estate is going to be a smart move.
Freedom of responsibility: a sense of gaining responsibility with your asset, paying down your mortgage will force yourself to save.
Free time: you have lots of off time when your younger, when people get older they complain of not having enough time to look through real estate deals.
The Prestige City is an imperial, integrated community spread over 180 acres of verdant land enclosure to feature diversified housing options towered over independent townships equipped with the opulence of world-class amenities and facilities. The premise is coming up in serene locales of Sarjapur Road, which is one of the most sought-for residential catchments of East Bangalore with close proximity to IT hubs of Electronic City, Whitefield and Koramangala. The project features three autonomous communities – ‘The Prestige City Apartments’ hosting luxury and premium apartments of type 1, 2 and 3 Bedroom well ventilated, well lit and capacious units of various size patterns; ‘The Prestige City Villas’ hosting ultra-luxurious and exquisite villa abodes with best-in-class outlines and aesthetics designed to cater domicile of distinction and class; and ‘The Prestige City Plots’ hosting residential plots of various size ranges and phasings delineated amidst the circumference of well laid infrastructural frameworks. The project lies in close proximity to other prime locales of the city and has good connectivity with rest of the city through the tether of various arterial road networks like Outer Ring Road, Old Madras Road and NICE corridor. Devanahalli is a prominent neighbourhood of North Bangalore with the fame of accommodating one of the busiest airports of the country – The Kempegowda International Airport of Bangalore. Devanahalli is also a harbour for several upcoming tech Parks, SEZs, Aerospace Park and Defence Research Centres and has a dedicated development zone called KIADB area which will soon revolutionize into, one of the major technical and research cores of the country. The distance between Devanahalli and ‘The Prestige City’ is approximately 45 Kms via National Highway 44 (NH 44) with an approximate travel time of around 1 hour to 1 hour 15 minutes depending on the traffic buzz at the time of travel. The other available commute routes are via New Airport Road ( with travel distance of around 48 Kms and travel time of around 1 hour 30 minutes) and via State Highway 35 / SH 35 (with travel distance of around 51 Kms and travel time of approximately 1 hour 40 minutes). These two destinations are well connected to each other through various public and private modes of transport. The Bangalore Metropolitan Transport Corporation (BMTC) provides exclusive Airport service Volvo Buses that travel at frequent intervals. One can also avail readily available taxi and cab services to commute between Devanahalli and ‘The Prestige City’. The upcoming Metro Rail track will further boost the commute transmit in shorter period of time.
Be it an apartment, villa, or a plot, when a client invests their money, they are not only investing in the property but their dream. Before investing anywhere there are a few things one should look into:
Connectivity and Location: the residents can easily travel to any part of Bangalore. Sarjapur is located in the Outer Ring Road of Bangalore, with excellent access to all parts of the city. Major hubs like Koramangala, White Field, Marthahalli, Electronic City, and many such similar locations are just 15-20 km away with good transportation facilities and amazing roads. Many junctions with high traffic have, layovers and flyovvvers. The city is linked well to NH 207 and NH 4, creating easy travel to all the places.
Real Estate Market: investing in a location close to your workplace, is a reasobnable thing to do. One of the posh residential places in the city, the development is seen in all the areas including commercial, residential, retail, industrial, and is a favorable spot for selling. There is a high demand for community living, gated communities, and villas on Sarjapur road.
Educational Institutes: the families that come down to settle in Sarjapur majorly look for good schools for their kids, with less commutation time Multiple International schools that offer quality education include places like Greenwood High, Indus International School, Oakridge International School, Harvest International School, Silver Oaks School and many more.
Locality: the commercial establishments, shopping centers, have lined up to attract many residents. Hospitals, banks, ATMs, restaurants, cafes, spas, and salons are available to the needs of the residents. The villages around Sarjapur like Haralur road, Kasavanahalli, Somapura, and Hosalli are thriving.
Employment opportunities: IT giants like Wipro, Infosys, Accenture, Genpact, Cisco, Nokia, and many more are established. The entrepreneurs are running the companies that provide jobs to many technical individuals.
Growth: due to the above-listed factors, the growth will be tremendous and many people will be investing in the locality, which results in the growth of the place. Thus the annual appreciation is 2-4%, giving good returns.
The market is tough throughout the world due to the pandemic. In this time, smart investments are needed to reap long-term benefits. Real estate is one of the stable and beneficial investments, especially in India. That’s the reason why NRIs are investing in Indian markets too.
The Indian real estate is now an attractive destination for the NRIs, most popular among the Indians in the middle east. Now, these NRIs are planning to return to India on a work basis for a few years or some are planning to settle down too. While doing this they will be hugely relieved if they have a piece of land as their own. Some predominantly look at this as an investment or some take this as a shelter when they plan to retire.
The rupee value depreciated against dollars in the pandemic, and NRIs saw this as an opportunity to acquire wealth in India. Rather than keeping all your money in the bank which fetches very low interest, this is a perfect opportunity to invest. A surevey in 2019 revealed nearly 63% of NRIs sought out real estate investments in India. The developers have been rolling out new and attractive offers and schemes on real estate purchases.
The increased transparency in the post-reforms era will fuel NRI investors for the Indian platform to be attractive. The technology is helpful and is making people across the country reach out to a larger NRI audience by giving virtual tours and digital bookings of homes. Some prominent investments spots of NRIIIs include Bangalore, Mumbai, Delhi-NCR, Chennai, Hyderabad, Ahmedabad, Pune, Kochi, and Coimbatore. NRIs who prefer to invest in luxury and super luxury projects spread in apartments, plots, and villas, row houses, plotted developments are given equal opportunity. The affordable luxury segme nt is also giving good vibes in creating what the clients need. The compact luxury housing is another arena in this segment.
Bangalore is one such city of the country that offers every absolute reason for settlement after retirement. And this particularly holds good for those who have travelled down to Bangalore from various places and have been associated with the city during their working span. The City is an absolute charm for nature lovers and for those who are looking for a placid, serene and composed domicile to get settled with. The city’s ambience, its expansive infrastructures and well laid civic amenities are customised to suite the after-retirement lifestyle of senior citizens. Bangalore’s neighbourhoods are self-reliant micro- markets to include all essential social framework and one can find hypermarkets, supermarkets, clothing marts, provision stores, temples, parks, libraries, hospitals, clinics, pharmacies, restaurants, coffee cafes, shopping forums and entertainment hubs within few perimeters of their residential communities. Bangalore has excellent presence of top-notch real estate firms like Prestige, Salarpuria Sattva, Puravankara, Brigade Group, Godrej Properties, Vaishnavi Groups, Hiranandani, Sobha Developers, Shriram Properties, Provident Housing Limited, Rohan Builders and others. Their landmark ventures are apt to include affordable housing, luxury segments and customised homes with various size spectrums and diversified budget ranges. Many of these residential communities feature customised apartments and villaments diligently outlined for senior citizens with all essential conveniences to make their living independent and self-subservient. These communities offer 1, 2, 3 and 4 Bedroom apartments, villaments, duplex homes and studio spaces among others equipped with state of the art amenities and specifications. Community living has swiftly turned into a preference of urban crowd due to the security and preservations it offers and these features are certainly a priority after retirement. These communities also feature various entertainment, leisure, sports and community amenities to keep the residents well engaged and prompt them to stay healthy & active. Bangalore is a medical hub of the city and hosts many multi-specialty and super speciality health care centres equipped to handle any medical situations. Some of the internationally renowned health care facilities in Bangalore are Narayana Hrudayalaya, Columbia Asia, Fortis and Sri Jayadeva Institute of Cardiovascular Sciences and Research Centre, and Sri Sathya Sai Multi Specialty Hospital and Institute of Higher Medical Sciences among others. The city also maintains pleasant climatic conditions all through the year. Bangalore is well connected by Air, Rail & Road and Bangalore’s International Airport – The Kempegowda International Airport is one of the busiest Airports of the country. The city’s BMTC (Bangalore Metropolitan Transport Corporation) operates the public transport bus service and is one of the best Inter-city Bus service providers of the country. Bengaluru Metro Rail Corporation Limited (BMRCL) provides the Metro rail services facilitating easy commutes to various part of the city. Bangalore is undeniably a best residential destination to get settled-with after retirement.
If you are looking to buy your home, it's best to buy an airy, spacious apartment, with green parks and beautifully designed landscapes with all the infrastructure anybody could dream of, schools, hospitals, recreational facilities, and emergency services. The builders came with an idea of a township model usually on the outskirts of the city. The townships are built to give you all the convenience and to thrill you on your needs to live in a theme-based community.
The township can be developed between 25 to 2500 land covering all the amenities and social structures. The state governments and planning and developmental authorities have certain prerequisites for a project to be a township and usually, the builders are expected to check the list. Factors like minimum road width, percentage of land usage, and other requisites are specified. Apart from this certain social infrastructure, and the ancillary facility is provided too.
Prestige township provides school and basic medical care facility, if the land is above 1000 acccre it must provide college too. They provide a community room and library along with a recreational club. Integrated townships are built by prestige group which is self-sustaining and eco-friendly. The entry cost is low when you compare it to the city move-in cost.
The Prestige township contains apartments, plots, and villas in a single gated community. The mixed residential project has abundant greenery dwelling to make life sustainable and smart. The lavishing amenities and other facilities make you want to move in to start your life away from the city and so close to nature.
The township offers community amenities like clubhouse and outdoor courts, health and fitness amenities like gymnasium, swimming pool, and jogging track, and lifestyle amenities like billiards and games room, table tennis, party area, landscaped gardens, spa and sauna and, kids play area to all its residents.
There are plenty of ongoing and completed township projects by Prestige Group, according to your location requirements and design specification, the clients can pick. The prices are flexible, reasonable and affordable according to your needs. The locations are off the mark and usually close to the IT and industrial areas. The commutation is easier and requires much less time. The open spaces, plenty of natural sunlight, and air lits up your mood and help you work from home as per your needs. Prestige township is the right place to start looking without having to choose from somewhere else.
Bangalore’s real estate has seen and witnessed a good rise in the market due to the positive customer sentiments, high commercial activities, infrastructure upgrades, and high job opportunities. Currently, Bangalore is driven by end-users according to the experts. After the implementation of RERA, GST now the market has recovered from the dip and now catering to the demand and supply ratio properly.
There is a demand and establishment of IT/IteS sectors and also many start-ups arising in Bangalore, through which the real estate market is thriving. Top-notch health care and educational facilities with continual upgrades in physical infrastructure are also contributors To the rise of real estate.
The beautiful weather, landscapes, and the apartments, villas, and plots of your size and configuration, with the reputed builders, are available only in Bangalore. Bangalore is the most sought out metropolitan city in India. The affordable accommodation of residence smartly planned with the latest technology is in high demand aming the working professionals. The mid-segment population and the first-time hiome buyers are the most in population. Builders cater to everyone's needs with contemporary lifestyle amenities.
Collaborative office workspaces and lease extension in the increasing entrepreneurship are essential, especially for the rising software companies. This sharing of office space increased the leasing value in the city. Great infrastructure with a flexible work environment at an affordable low cost with the ability to adapt to co-working and living space is demanded.
Smart homes- also the next big real estate revolution with several technological innovations in this globalized era is no exception in Bangalore. The integration of home automation systems in the apartment with minimal cost, which controls the house using a smart device from anywhere. Both luxury and innovation are provided at the fingertips, with the technological evolution in Bangalore. The white-collar individuals, high net worth clients, generous extracts became the major beneficiaries of the smart homes.
The co-living by the extensive young populace prefers smart choice of living that gave rise to it. The contemporary form of housing, where residents share living space with other people of the same interest, intention, and value. The living space is flexible with amenities, minimal maintenance cost, and peer collaboration drives the professionals and students to take up the co-living concept in Bangalore.
Although Banglore saw a dip in real estate trends, this is expected to change with the new normsss and living trends coming up in the city. If you are planning to invest in Bangalore real estate, then it’s the right time to start in Bangalore.
Bangalore is one of the fastest growing metropolises in India today. The IT industry has been paramount in this growth and rapid urbanisation of the city and the establishment of several multinational corporations in the city as well as the fact that several large IT companies like Infosys and Wipro have their main offices here has led to the creation of thousands of job opportunities. This in turn led to a large influx of people into the city – a newer, younger generation, primarily of techies. With higher remunerations in the IT industry, this large new, young population of the city is extremely financially sound. The techies obviously began to look for residential options to set up their home bases in Bangalore. This financially flush population is smart, savvy, and discerning and is on the lookout for quality as well as luxury when it comes to their residences. They are also knowledgeable about luxury not only in India, but abroad also and have high standards, which they are looking for in their residences in India. This has provided the impetus for all leading real estate developers to begin to develop high-quality, luxurious residential projects that are dripping in world-class elegance and comforts. The IT industry in Bangalore is primarily concentrated in IT Tech Parks around Bangalore and this is where the real estate development projects have come up. The real estate development companies recognise the need of the techie to live close to their workplace and as a result, there are there are now numerous high-end residential real estate developments across the city, concentrated around IT Tech Parks, be it Whitefield, the Outer Ring Road, or Electronic City. There is a healthy competition among all the leading real estate developers to provide their residents with the most luxurious and world-class lifestyle imaginable.
Sarjapur is a developing locale east of Bangalore. It is 45 km away from Bangalore International Airport and 26 km away from Kempegowda Bus Station and Bangalore City Railway Station. The main infrastructural development of BBMP is to improve road connectivity. The proposed Peripheral Ring Road connects Bellary Road, Old Madras Road, Hosur Road, and Sarjapur Road to Tumkur Road along with the NICE corridor.
Road connectivity to IT corridors like White Field, Electronic City, Outer Ring Road, Hosur Road, Marthahalli, Silk Board, and Koramangala. A highway has been proposed from Ejipura to Koramangala to reduce travel time impulsively. The 2.4km long bi-directional road will have 4 lanes and is being Development proposed.
Bangalore authority has approved 116 km Peripheral Ring Road with 9600 crores kept aside for this development. It is said to connect Tumkur road and Hosur road via Bellary Road and Sarjapur road during Phase I. the proposed satellite Town Ring Road will connect to the satellite town of Hoskote, Devanahalli, Ramanagaram, Kanakapura, and Doddaballapur.
Metro lines are under construction in Phase III, and a new metro line is said to connect Yelahanka in North Bangalore to Sarjaaapur in the South-east of Bangalore. Sarjapur has also seen few major developments among IT giants like Accenture, Infosys, Wipro, Capgemini, Cisco, HP, and many more. Prominent multinational corporational like Genpact, PayPal, ARM, KPMG, and Nokia have created job opportunities for several people. The major growth point was when Infosys acquired 202 acres of land to set up IT SEZ.
Development of educational institutes in and around Sarjapur likle The Bangalore International School, Chrysalis High, Greenwood High, Primus Public School, Harvest International School, Indus International School, and Philomena School and PU college, provided the best education and led to the development of Sarjapur. The infrastructural facilities are amazingly available and are still developing to provide a better life to the residents.
If you are someone who is looking for multiple sources of investment, then real estate is one to go for. Being the silicon valley of India, Bangalore has shown immense potential in many of its ways. There is an ample number of opportunities and multiple ways to earn income and get high returns at the same time. Here are a few places you could try investing:
Electronic City: Pillar of south Bangalore, this is a perfect blend of affordability and luxury. Great IT bubs and other social structures are built to impress one for sure. Best educational institutes, hospitals, banks, and recreational facilities are very close to the city.
Kanakapura Road: the popular place in south Bangalore with the best residential places and commercial development. Soon to be built metro systems, this place is a spotlight for comfort and luxury. Proximity to other parts of Bangalore, this place offers its best for those who choose to live here.
Yelahanka: a gem of a place in north Bangalore, various factories of manufacturing have already lined up here. The international airport in the area resulted in the boom of real estate. This is now being considered for many residential projects by reputed builders.
Thasindra: high tech connectivity and state-of-the-art infrastructure in north Bangalore, has seen a lot of potential in commercial as well as residential development, witnessing the promising growth in technology and development showing the progress.
Sarjapur Road: the southeast part of Bangalore, with its saturation hitting IT giants in White Field, Outer Ring Road, looking to set up its provision. The development of large residential catchments, IT professionals seeking residence in affordable ways, are the reasons to invest here. The central government approved PPR Peripheral Ring Road, connecting Tumkur and Hosur, via KR Puram, Bellary Road, and Sarjapur road. This connects the north and south Bangalore, reducing traffic congestions.
White Field: established a residential and commercial hub in east Bangalore, many people are moving in considering the travel time they could save, for work. The residential project is starting from 70 lakh. The area is a major home to IT/ITES as well as some start-ups, promises high returns and appreciation and good return on investment on residential property. The purple line of the NAmma Metro phase II route is coming up and starting to create demand. There are many areas like these to consider, but one should also look into other factors like locality, community life, surroundings, suburban lifestyle, etc before jumping into investments.
A township or an integrated township project is a mixed-use project comprising of residential, commercial structures with basic infrastructures, and amenities like educational institutes, healthcare centers, reatial outlets and many more. Integrated township usually contains large scale projects that sprawl over hundreds of acres of land. The state government institutes the growth of the city expansion by funding through incentives to private developers that provide growth and opportunities to the residents.
The municipality reviews and approves or rejects the application of any builder to convert a piece of land into an area where residential, commercial, or industrial development takes place. The houses, commercial businesses, with associated infrastructure such as roads, schools, hospitals, convenience shopping points, water treatment palnts, drainage, and sewage facilities are put together to make a living convenient.
The townships are strategically located close to most nodes of the city or located within the corridor growth by the urban planning department. Ecopark is the best example as it serves the residential base between the main city and the port. The Suzhou International park serves as the industrial center next to the booming cenetreee in Shangai.
To have a healthy social fabric and to have a business investment, the right-sizing of the neighborhood is crucial. The provision of adequate amenities and facilities to cultivate a walkable neighborhood. The development of commercial activities at the core of the development phase with several acres of land to slowly scale the population is needed.
The people looking for alternative, liveable neighborhoods, townships accommodate the needs of various income groups through diversity in housing products. The mature town cnetres are demographic and are appealing to a lot of people. The multi-modal transport system is reflexive including shuttle bus service and seamless bicycle or pedestrian networks. The major empllluuuyment hubs and cultural destinations with buses, bicycles, and walks allow great accessibility. The townships will be designed to accommodate future mass transit systems.
The sustainability from waste collection, disposal of stormwater, and irrigation management system is implemented. The new townships should minimize the costs of infrastructural investment and operations and maximize the high utilization through careful planning and allocation of utilities. The township is an ongoing trend that is catching up in the real estate market. The township tailors the quality lifestyle of every client with different budgets. The metro cities are also coming up with large townships with booming IT industry and people moving in close to their workplace with all the physical amenities and good connectivity to get anywhere in the city.
The deciding factor of investment for so many people is the choice and way of living. The basic requirement of living like food, clothing, and shelter have now shifted to entertainment, status, and lifestyle. Lifestyle has become a big investment now. People have significantly shifted to a better life than settling to mediocre. The rate of investment has also risen, changing lifestyle and ambition.
Demand for luxury is also seeing a boom in the market. Because of the rising standard of living and progressively disposable income among successful entrepreneurs, wealthy homeowners and investors, high-flying corporate executives and software professionals, and traditionally wealthy families have constantly demanded luxury living.
Property value rises every instant. It is also an asset that provides security. A luxury investment guarantees multiply returns in the future. This is the best investment strategy according to many experts.
Many people want a successful peaceful and tranquil life away from all the hustles and bustles of the city. Driving through traffic and pollution can be hard, why not choose from the suburban pleasant cleaner environment?
Today's luxury homes provide all modern comforts and amenities. With large living spaces, features like multi-functional gyms, landscaped gardens, swimming pool, meditation centers, modular kitchens, remote-controlled features, tree-lined walkways, kids park, clubhouses, electronic security, entertainment, and shopping to contribute to a comfortable and pleasant living.
A good neighborhood and society are the top priority when you choose your dream house. It will make you feel happy, healthy and promotes togetherness. Your family and kids will surely reap the benefits of love, care, and support.
Another important feature of a luxury home is the extra sense of safety you feel at your home. The very top-line security with professionally trained guards, cameras, and alert systems are always in line. Further safety includes hospital care and medical emergencies are immediately addressed. The accidents will be quickly taken care of using techmnologuy and nearby hospital systems and emergency rooms in the proximity.
Prestige groups have been renowned for their innovation and quality. They have pioneered numerous landmarks and invested in most regions of south India. Everywhere the Prestige Group goes they surround by beautiful surroundings, natural bounty, mega mixed townships that always contain retail, residential, and sports space.
The projects are magnificient suiting the needs of the clients be it small, nuclear, mid-size, or joint families. The exteriors are very stylish and the interior abodes a perfect blend of elegance class, style, and décor that allures you.
The living spaces are ultra-modern and the amenities provided by the Prestige Group are outstanding and they put everything you need to enjoy your passion and hobby in a boundary. The perfect ideal home that you enjoy living in that sheers beauty and joy is found only in Prestige.
The high-rise buildings, and the state-of-the-art world-class apartments, are positioned always at the right location. All Prestige Group projects are in such a location where the connectivity is excellent and a line of Metro passes by. In fewer cases, a mer=tro line is proposed and is in Phase II construction.
The amenities Prestige Group offers are the key concept of clients going for these builders. The amenities like clubhouse, reading room, indoor games like carom, chess, Chinese checkers and outdoor games like the cricket pitch, basketball court, football court, volleyball court, gymnasium, swimming pool separate for kids and adults are very attractive.
The apartments are available in 2, 3, and 4 BHK configurations. For people who would love to go for luxury segments, the builders also offer villas with 3, 4, and 5 BHK configurations along with independent gardens and parking spaces. The plots are also available with the builders for those who would like to construct their dream home as per their desire.
With the tight Knit security, gated community, and 24/7 CCTV monitoring with Patrol police and guards, this is a haven for you and your family. A perfect place to live, work or invest in.
The post-covid era has changed our views about life, and towards most things in life. Working from confined spaces in our homes, less traveling, and spending most of the time inside the house, has changed the perspective of many clients. Considering few factors before investing in your dream home is crucial:
Space for everyone and space for every individual is important. In today’s work from home trend, we are taking zoom calls, our kids are playing inside, elders are watching television, while dishes are prepared- all under the same roof at a time. It is necessary to have as much space ad needed when everybody is spending so much time together. Living rooms – a bit larger, bedrooms that are apart from each other, balcony to sit or work from, -a little bit of extra space helps.
Going to public parks was a usual thing for kids. Amusement parks were occasionally visited. Walking around the city for no good reason was normal. Now the conditions have changed. Having a home with a plethora of amenities is the new normal. Safe areas, exciting games for the kids, a few slides, jogging /walking tracks, homes with amenities do wonders for the kids and the adults ensuring the health and physical fitness for all.
Community living is another great choice to make. Being able to chat with your neighbors or organizing the get-together in a clubhouse, maybe a cultural event adding to the social experience. Choosing the trusted builder or a real estate brand ensures your safety in investment. The undisputed legacy, a history of honesty and transparencu with passion for the quality offered by some builders is always a great choice.
Adapting to ‘new normal’ during these covid times, while you cherish every moment of living together under the same roof, in your home, by making a right cjhoice of buying your home is the best way. However you try to look at it, it’s the best investment or a source of income, while you work and live in a comfortable safe place.
A survey by 99acres.com says, two out of every third home buyer is now starting to invest in the real estate market to proceed with their home buying plan. The 30% of them believe it’s the right time to buy the house, while others are finalizing their decisions. Although 65% of the people are already invested in the market, only 38% of the people are seriously looking for houses post-lockdown.
Once the covid situation gets under control, it is estimated the market will substantially go up. The numbers are said to increase in the coming years, creating the demand in the market, and the process also has been said to be increased. The buyers are now considering real estate as the best investment option for security reasons.
The covid-19 crisis also gave much importance to digital platforms with 55 to 60% of the buyers wanted to virtually view instead of personal meets. The survey also stated 11% of the buyers have halted their plans due to the uncertainty in their jobs and the market siyuations.
Considering the tenant situation, 38% of the tenants are in search of new homes seeking larger houses or a comfortable place to work from. Safety and hygiene have been the major issues looked out for in this situation. The majority of the investors are looking for a house with safety for their kids and family, with a small portion of the clients viewing it as an investment opportunity.
The ready to move in the market is at the peak, due to the urgency of the people wanting to start up their family in a new house. Digital meetings are [prefferd to take the proceedings forward while physical visits are imperative before finalizing the deal. Even though the market is on the upside, some people think prices are supposed to drop or have a slight reduction.
Proximity to the workplace reduced the pressure, due to work from the home trend. You could potentially work from any part of the world. Good access to major centers like hospitals, markets, schools is still a major factor while considering the property.
The NRIs from the middle east region to be specific have shown a keen interest in investing in the Indian real estate market. Inquiries from GCC (Gulf Corporation Council) have drastically raised as they return home after covid-19. These recent developments have created many opportunities for the NRIs to invest and ask about the domestic real estate market.
The purchases from the Gulf Corporation Council were so few before that it was negligible, but now it has risen to 10 to 15% of the overall interest. These clients have an interest in developed townships, integrated community apartments, which offer them a lifestyle similar to GCC standards. Many builders have also observed this and are working towards fulfilling their requirements.
Few real estate agencies have closed due to the lockdown period and are expected to take the market up in the coming days. The experts say there is an upward curve in the real estate market following the post-covid era. The backsliding of the rupee rate against the dollar was favorable for many NRIs and many invested during this time. Did it make the Indian real estate market affordable creating the demand and supply flow in our market? The answer is –YES!
Meanwhile, most of the Indians are returning to the country planning to settle down here and secure their future, by owning a home or a piece of land. This change in mentality put the market in the spotlight. The threats of job loss and cash flow continue to exist, the real estate sets to be the asset to rely on.
Almost 25% of the 150000 Indians based in UAE have registered to be repatriated and are returning home because of job loss. The first they would do is securing a home for them and their family. This would yield long-term benefits well.
People from varied backgrounds and cultures come to Bangalore to build a livelihood. The apartments in the IT hub have always been the hotspot. A bigger market means bigger risks. You need to get in touch with the right agent, do proper research, and do a lot of research to own a house or an apartment in a hassle-free manner in Banglore. Few factors to consider are listed:
Legality: even if the property is attractive ting always cross-check for legal issues and make sure all the formalities are fulfilled before you proceed. Most owners in the city go through hurdles. These issues turn out to be major headaches and hence seek legal options before expressing.
Builder reputation: checking the history and reputation of the builders and what kind of projects they have dealt with, along with their legal history is crucial. Only when you are convinced with the credibility of the builder sit down for a meeting. You can see the customer reviews and get in touch with them directly.
Project location: location plays a huge role. Most of the working people need a perfect location to balance life and work. Also maintaining proximity to other parts of the city is needed by most customers.
Amenities: clients look for absolute value for their money spent, homes having the best amenities make up for the exciting lifestyle they desire. Going through the profiles of multiple builders and look for what they are offering. Due to the heavy competition, builders come up with the best offers and amenities to convince the buyers. This gives an upper hand to the customers.
Budget: set a budget before you start apartment hunting. Don’t go overboard and fall for the words of agents and builders. Cross verify and set the limit and boundaries. Every peeny should be worth it.
Current market: check the current market price to ensure you are not being fooled. Keep an eye on add- on prices such as water supply charges, transformer charges, electrician charges, loan processing fee, stamp duty, registration fee, service tax, parking fee, and club membership fee among all.
Price: price dictates every other factor. Be clear about the budget before getting ahead. Lock the price and then go apartment hunting. Do proper research and enquire about the pricing from different sources to make sure you don’t overpay. If it’s below your budget don’t jump over anything. Instead, try and find the reason for the low price.
Quality: we all strive for a quality of life and value for the money. Don’t compromise on the quality just for the sake of cutting down the money. Look for the damages and space. Issues like broken blinds can be ignored since it is fixable but leaky faucets, water damage, lead paint, dirty air filters, and broken air and heat conditioning systems indicate the maintenance problems.
Landlord/builder: a good owner is important as your house is. It's always an advantage if the owner is open-minded and less demanding and interfering and is always ready to listen to your grievances. Always remember the owner can make and break your overall experience.
Neighborhood: the surroundings and community are imperative to contribute to your lifestyle. A luxurious house does not fit in a small locality. Surroundings should have good connectivity to major spots in the city and be secure for your family to stay in. check if the community has specific rules before moving in.
Amenities: it elevates your lifestyle. Convenience plays a major role as the facilities make life easier for a lot of people. A proven security system with continuous monitoring, elevator, playing area, games both indoor and outdoor, fitness ecnter are all the amenities for decision making.
Other Factors: other factors like utility costs, pet policy, are important and you should be aware of them. They include water, gas, air conditioning, sewage, garbage, and electricity are among others.
Before buying any property ensure the household budget is in place. Take account of your various sources of income like your salary, bank deposit, rent, etc. once you get hold of all this you will know where you can cut costs and expenditure. This kind of detailed budgeting is the key ingredient to investing in the property.
Today's hectic lifestyle and improper planning of finance lead to many disasters. This will go a long way in facing the future financial threat. You should be well-equipped to guard against unexpected expenditure, health-related expenses, and more. They say prevention is better than cure.
With great efforts and hard work, you can have fruit-bearing trees, meaning multiple income sources. The long-term investment is needed and is a matter of safety now. Having proper emergency funds ready like property investment otherwise will turn futile. The money requirement or the delay in the settlement may arise anytime and anywhere and sometimes cant be prevented. Create multiple channels of income.
In this journey called life, you are not alone. You need to cater to your family's needs as well. Taking care of family is like taking care of your own needs. A carefully crafted financial planning will surely pave a way for your investment in any kind of property. It is better to be safe than sorry! We have to follow a road rule while walking or traveling. Call it a road map if you want. Similarly, a careful and practical analysis of your financial situation is a road map for your investment. Hence, make sure your investment does not fall into a rut and be clutter-free in the long run.
It is crucial to get down to the rudiments of the property business before investing. After all, its are your hard-earned money that is going into the market. Be it the investment or the place you will live in. being careful doesn’t cost you a thing.
Bangalore is the top city when it comes to investment, be it the residential and commercial sectors. With the emerging job opportunities, real estate has seen a real upward trend in the market. Bangalore real estate market has various options from luxurious villas, apartments, affordable houses, plots of all sizes and prices.
Bangalore has few locations that suit your budget and lifestyle preference. Some of the areas are:
White Field: the mix of residential and corporate hubs in the city. Investors and builders have invested in White /field and owned big, spacious, and world-class apartments. Bangalore has unmatched connectivity and the closest railway station is 8.5 km away. There are houses from 1 BHK to 4BHK range and accommodated with world-class amenities. There are lush green open spaces and is a prime location to invest.
Hebbal: this is a prime location in North Bangalore near Hebbal Lake. The surroundings are filled with impressive infrastructure and gorgeous nature. This is a hotspot for luxury real estate. The alluring tower designs and penthouses are breathtaking from the Hebbal lake view. The top-notch amenities, like indoor temperature control, indoor swimming pool, outdoor swimming pool, kids play area, clubhouses, convenient distance to schools, colleges, and hospitals, make Hebbal the best location to invest in.
Sarjapur: the area in south Bangalore, is a hub for IT companies. This led to large residential areas for people to love close to their workplace. It is one of the popular and affordable residential areas in Bangalore.
Devanahalli: situated in North Bangalore, this is one of the emerging markets in the real estate sector. The massive growth in the last few years led to the rise in demand for houses. It is 13.5 km away from the International Airport. Apartments are ranging from 2BHK to 4BHK range and luxury villas for those interested.
Real estate is the most sought out investment sector. It plays a major role in the country’s economic growth and other parameters like GDP. Real estate is the second-largest contributor to employment generation, following agriculture.
The current real estate scenario in India is booming. It has grown since the liberalization of the economy. The growth of middle-class families, nuclear families, suburbanization, rising housing needs, and loans, considered as the fundamental factors that are supplementing residential and commercial real estate growth. The best way to invest your money is where it can grow.
The government policies in India are helping people to invest in real estate. With the change in the economy, several government initiatives, such as NBFC’s PMAY, National Urban Housing Fund, help people with their housing needs. The Pradhan Mantri Awas Yojana promises affordable housing solutions by March 2022. With all these policies affordable housing is on the top list of the people.
The foreign direct investment in India helps in the inflow of resources, technological investment, driving economic growth, and the trajectory is reaching higher. The government also recognized the need for FDI in India and allowed investment up to 100% for developmental projects. The support is extended to housing, townships new construction projects, and built-up infrastructure. The private equity and venture capital investment have amounted to up to 1.47 billion US dollars from Jan to March 2019. The increased transparency and due diligence standards are great for the buyers.
Investing in real estate in India has advantages like Tax exemption, appreciation of the asset, good long- term investment, and a way for passive income. According to section 24, one can claim exemptions on the interest paid on home loans. Section 80 c claims tax benefit on repayment of the principal amount. The real estate value rises with time and gives high yielding. This is the reason for quick globalization with more alliances and opportunities for people living here.
The mega township [project by PRestoge City has 3000 plus apartments, 140 plus plots, and 150 plus villas spread across 180-acre multiple housing block. It has 1, 2, and 3 BHK houses, 3 and 4 BHK villas, and 30X40, and 40X60 configured plots. The 12 million square feet development is one of the most awaited projects in Sarjapur.
Sarjapur being the home for many IT companies, is in now demand for residential real estate. This project is now set to create a landmark, with varied size apartments, plots, and villas. There will be 5000 plus flats in multiple high-rise towers. Each flat is designed to have proper ventilation and good sunlight. There is optimum utilization of space and the utmost safety of the residents is the priority.
The amenities here have created a signature leisure and recreational facility galore with a clubhouse decked with available for all age groups. Swimming pool for all, a play area, pet park, walking track, jogging track, gymnasium, indoor and outdoor games, sports and fitness equipment for health enthusiasts, multipurpose hall, and many more other amenities, enhance your lifestyle.
The community living environment in the suburbs with all the safety and security systems will ensure the well-being of you and your family. This is a great investmenttt opportunity for you down the lane or a great place to live or start your family. The location is great and very close to most IT hubs and the connectivity to all the parts of the city is justified.the Namma Metro is also under phase II construction and is the solid reason for many residents moving here. The substantial luxury living is one of the reasons why people choose this site. The locality and the surroundings put together will create the health and serenity you need in your life to lead a peaceful and happy life. This is the way to invest and live, stress-free.
If you are looking for a potential real estate investment destination with IT hubs and commercial sectors, Bangalore is the place. Then vast culture o the city attracts people from all over the city. The is over 40% of the Indian IT sector is one of the fastest developing cities of India. The rising shift in the residential destination with the growing opportunities and the people settling down in the city led to the rise in the residential destination of the real estate market.
Covid -19 pandemic did not affect the city so much and a recent survey showed the 67% of the home buyers still want to invest in real estate with a low budget. Compared to the cities like Hyderabad, Mumbai, and Delhi, Bangalore has seen a major improvement. The land of opportunities due to the hugfe IT sector makes the investment right for most of the clients.
Devanahalli in North Bangalore is one of the best places to invest. It is 13.5 km away from Kempegowda International Airport. the place has affordable housing, economic purchases, and high-rise buildings. The connectivity to the city through various modes of transportattion, and surrounded by lush green sceneries and lakes, the place is an enchanting beauty.
There are all kinds of properties l]n Bangalore. There are several types of themed gardens, trees giving fresh air, natural sunlight, ecstatic tree top views, 82% of the open spaces, the kid's zone, clinics, pharmacies, gyms, music room, laundry area, swimming pool, library, supermarket, and everything else to lead a comfortable and convenient lifestyle.
The reputed builders take the requirements of the clients during the pre-launch while designing everything they need. The IT companies also have attracted many home buyers who wanted to settle down near to workplace. The place is sure to give price appreciation n a few years. If you are looking for the affordable segment, or customizable houses, or luxury villas, or like to live in a gated community, or plots, Bangalore has it all.
The residents get to enjoy the recreational facilities, shopping malls, restaurants, spas, salons, and other areas of social structure. There are plenty of reputed schools and hospitals in every location. This is the perfect place to settle down or invest. the NRIs also invested in Bangalore, when the rupee value depreciated against the dollar. The work from trend also is making people invest in real estate either to ready to move in home or buy plots and customize their homes.
Indian real estate is heading towards all-inclusive technological up-gradation in the form of home automation via the Internet of Things (IoT), Artificial Intelligence (AI), and other various technologies. The pasttt decade has seen tremendous growth due to rising demand in the residential segment. In 2019, the market attracted up to 43.78880 crores in investment. The retail segment saw up to 1 billion dollars investment last year. At the end of March 202, institutional investment went up to 712 million US dollars.
The market slowed down due to the ongoing pandemic, but the work from home trend got the market quick back up. The smart home attracts more buyers and investors. The future-oriented investors especially looking for smart home options went for these sectors. Some of them even pre-specified this need in the requirement list.
The increase in property value also brought in many clients. The property value inflates every year. With the demand and supply in the right order, there will always be people looking to settle down close to their workspace and the NRIs wanting to own real estate in their hometown.
The future of Indian real estate looks right and bright, with an ample number of people coming forward to buy their own houses, to live and work comfortably from home, from any part of the city. Also, the builders nowadays provide world-class amenities, which rather brings in more clients than expected. They get to live in community-based surroundings, suburban-style or any themed park style.
The buying and selling options are easier now with digitalization. The reduction of stamp duty and exemption of tax charges, make people want to invest in the real estate market. This is one of the safest options in investing, which is sure to bring you profits. There are not only apartments of all configurations but plots and luxury villas available too. Hurry up and invest in the Indian market now!
Sustainable living has become a lifestyle now than a buzzword. From construction to the point of completion of any project the optimization ensures the minimum ecological harm and maximum utilization of natural resources.
Electric Vehicles: it is estimated by 2030, there will be over 250 million electric cars in India. This change will significantly reduce the burden on limited fuels and help in atmospheric presence. There are convenience stores to commercial complexes in the Prestige buildings. There are chargeable ports and points to encourage people in buying electric vehicles and have a sustainable life.
Urban Forests: the breath-taking views and calmness of nature are the significant need in the green initiatives started by the builders. The urban lifestyle does not come at the expense of nature. There are parks, butterfly gardens, and landscapes in the Prestige constructions. They have planted thousands of trees over acres of land to conserve nature.
Waste management: the organic waste is converted to manure and composting is done in the property to help the plants and trees grow well. It can also be used as manure and for biogas too. Maximum waste segregation is done at the Prestige constructions, to achieve sustainable living. The degradable and non-degradable waste segregation helps in a plastic-free planet.
Water Recycling: Prestige group usues, a mix of traditional practices and cutting-edge technology to ensure everyone has enough water. The high-tech sequencing batch reactor, sewage treatment plant, makes use of black and grey water for recycling. Through reusing the water we don’t have, much demand for freshwater. The state-of-the-art rain water harvesting system, bio-retention ponds charges acquifer, smart meter monitors water usage, wastewater recycles the plants, triple plumbing system ensures that we live within our means, is made sure. Prestige group encourages sustainable living while improving the quality of life and at the same time conserving nature.
Integrated townships have everything at your hand. Very convenient! This is a dream come true one can say. The self-sustaining integrated townships, are developing faster and are popular among the developers and the residents. In an ultra-modern and cosmopolitan real esate model, the combination of residential and commercial complexes with infrastructures like schools, colleges, shopping centers, and other facilities are involved.
Traditional urban living is overcrowded, and the issues like shortage of space are solved from integrated townships. The miniature urban ecosystems offer abundant spaces, security, and sustainability. These townships are cost effective and convi ient and the benefits they offer are priceless.
The easy access to essentials during the times in pandemic ensured people to get anything they want within the walking distance. They needn't worry about anything, they did even dint have to step outside, to get to hospitals or supermarkets. All essentials services are very available in the vicinity.
The townships have the perfect environment for everyone instead of coping and cramping in the apartments. Plenty of open spaces gets you the natural sunlight and air. The crèches and the daycare centers help you in raising your kids while ensuring the safety and security of family members.
It may seem like a large investment, but once you look closer it is cost-effective than buying an independent property. As most of the townships are located in the outskirts, with a wide range of amenities, ensuring great connectivity to the other parts of the city. Townships also give you better retruns and they are a great potential for rental incomes.
Overall benefits show integrated townships are the future of the residential property. The traditional Indian style of community living with modern services and amenities the townships create the perfect living experience. These beautiful residences allow you to transform your lifestyle by reaping the benefits of township living. By investing here, you are not just buying a house but a new improved lifestyle.
The Prestige Group has it all, apartments, flats, 1BHK, 2BHK, 3BHK, plots of all sizes, luxury villas, you name it, they have it all. When deciding what to buy, here are a few factors to go through:
The benefit of Facilities: both apartments and villas give facilities like swimming pool, gyms, basketball courts, recreations centers and much more, villas have in house gardens luxurious living spaces, exclusive parking area, full privacy and many more. The cost of the villa is much higher, but the perks you get will justify it.
Fun-Filled Community Living: apartments are best for the community lifestyle. For the extroverts who are looking forward to meeting new people, apartsmentsb are the best option. The apartments have more interactive open spaces that help people meet and talk daily, but villas aaare more intimate and private.
Personal Space and Privacy: maximum privacy can be found in villas, and is it one of the most important aspects of life. With growing spaces, apartments can be a bit overcrowding. Some like living with people, but many prefer quiet private space, and the villa has this best prime feature.
Customizing house: living in the villa allows oyu to decorate the house as you need. This isn’t possible in partments due to constricted spaces and size. If you aspire to be the architect of your house, a villa is the best option for you. The apartment cant is modified more than its confined space.
Safety and security: apartmemts have the ebnefirt of security, as it is a community, there will be maximum safety to its occupants. The security guards, constant checking, CCTV monitoring will ensure then safe environment. There is no much security in villas unless it is a community villa. Depending on the buyer, the CCTV will be installed independently here.
Luxury: villas offer you the exclusive feature of living in a two-storeyed house. You can create spaces like a study room, utility room, drawing room, and customized bedrooms that are not available in confined apartments.
Cost: cost of the apartments is cheaper than the villas. Villas are expensive even with the regular mainteeenance. It is a property will continuous investment.
The Prestige Group has apartments, plots, and villas of all sizes, configurations, and price ranges. The finest architects cater to individuals' needs and expectations. Over the last decade, Prestige Group has established itself as the leading and successful developer in the city. Lately, the builders have started selling the units before it’s fully completed. The pre-launch projects are reasonably priced and beneficial for the buyer.
Pre-launch is the time when projects approval is still in progress. Builders usually announce the project proposal and start sales for the same. It offers a good rebate and the overall costs. You will only see the proposed plan and layout. The plot will be converted into a beautiful home.
The will Be beneficial;l for the buyer as well as the builder. It helps the builder in generating the cash flow. Buyers get the premium property at a minimized cost and also at a construction stage. The buyers get possession of the price benefit over the years. Old customers, clients, investors, and real estate consultants gain the offer and it usually reaches them the earliest.
The investment is sometimes risky, you can verify by checking the builders and needed the approval of the documents and it will be much safer. If you buy the property at the pre-launch and sell it once it is completed it goes for a higher market price. They may take 12- 24 months to deliver the pre-launch property and it is advisable for the people who have no immediate time constraint to invest in pre- launch.
The pre-launch prices are 20 to 25% lower than the actual market price. The popular units can be chosen if you invest during the pre-launch and you can get the best one, which sells for a higher rate. The return on investment is rather higher and the potential is enormous for the appreciation of costs. For the investors, the returns can be multifold.
The amenities provided by the Prestige Group include a clubhouse, reading, volleyball court, cricket pitch, room, kids play area, gymnasium, swimming pool for kids and adults separately, Barbeque area, yoga/aerobics deck, indoor and outdoor games, basketball court, open parks, walking tracks and lots of natural air and sunlight. These are included for those who plan to invest in the pre-launch.
Real estate has been a popular investment and it has paid off well for those who played by the rules. The southeast part of Bangalore is now growing with IT giants around them like Electronic City, White Field, Koramangala, Marthahalli, Outer Ring Road, which made it the preferred residential destination.
The employment opportunities in Sarjapur are huge, hence it's ideal to relocate here. If you plan to be a tenant, your workplace can be right around the corner, with the right opportunities and short travel distance. There is a huge demand for 2BHK and 3BHK residential flats. The development is stable and physical infrastructure growth shows undoubtedly shown growth in the area.
The proximity factors, to the city and the workplace, access to emergency services, and other services make Sarjapur the best location to invest in. the Total Mall, Trinetra Super Retailer, Forum Shopping Mall, and many more in the area provide the residents with their needs. The connectivity to the IT hub area is 15km away, to White Field, Marthahalli, Solk Board, and Koramangala, which are 19km away from Electronic city and 16km away from Outer Ring Road.
Great hospitals like St John’s Hospital, Bmax hospital, and others provide 24/7 emergency services. Reputed and International schools like Indus International School, Oakridge International School, Inventure Academy, Greenwood High International School, St Patricks Academy, and 19 more schools in the area strive to provide the best education to your kids.
Financial institutions like HDFC bank, Indian bank, Canara Bank, Axis Bank, SBI, and other familiar ATMs give access to all your cash flow needs. Restaurants and best hotels like Shangri- La, Hilton hotel, Ibis, and Orchard suites give the best food and comfort you crave for. The property value is rising in Sarjapur, making it a great investment in your life and an excellent place to settle down as well.
The Azim Premji Foundation has acquired 88-acre land in Sarjapur for a world-class university. Infosys recently acquired 268 acres of land in Sarjapur to set up IT SEZ. Also, the City Development Plan of 2031 makes the clear vision of the authorities.
Buying a house now is buying a lifestyle, a sense of community, and luxury. The sense of owning something like an asset or as a life with family is precious. Many builders offer world- class amenities to make the life of the residents comfortable and more fun. Designers keep in mind everything the residents might need. They go beyond the needs of people, carefully designing clubhouses, sprawled green landscapes for peaceful view, and other conveniences.
These amenities help in evolving the living experiences of the residents:
1. Creating a sense of community: amenities like shopping centers, theatres, play areas, open lawns, and parks, provide the space for the residents to get together and interact. This gives a way to have a sense of belongingness and community living.
2. Enhancing Physical health: the sports centers offer facilities and allow everyone to exercise to get better health. Beautiful landscapes for the walkers, along with the sightseeing, a jogging/walking track for the routine exercisers, a pet playing area for the pet owners, basketball and other ball sports courts for the sports enthusiasts, a traditional gym, indoor and outdoor to keep you fit is all found inside.
3. Improving mental well-being: the gated community lifestyle with luxurious amenities, wouldn’t require you to go to the city or anywhere for that matter. Everything you need is inside the property. This provides you to spend time in nature, without having to go to the city, amenities allow you to be stress-free and leave your worries behind. Happy residents make a happy community. Being happy and calm helps you in being calm and helps in your overall mental health.
4. Improves family life: if you are looking for a home to raise your kids, or start a family, or plan to stay there for a long time, these luxury facilities and amenities, enhance the experience. These amenities help your kids to get together to play and learn and allows robust facilities.