Prestige Raintree Park is a magnificent, new-age residential project on Varthur close to Whitefield in East Bangalore. The project occupies an expansive 70 acres of land and offers 2,600 flats in high-rise skyscrapers. The property offers flats in various sizes, including 2, 3, and 4 BHK options. This elegant community aims to provide stunning homes that blend perfectly with the wealthy neighbourhood's way of life.
The floor space of a large 2 BHK floor ranges from 1040 sq. ft to 1175 sq. ft. Large 3 BHK flats come in sizes ranging from 1430 sq. ft to 1935 sq. ft. A luxurious 4 BHK flat could have a floor area of 2260 sq. ft to 2760 sq. ft. The initial price of apartments in this exceptional community is expected to be 1.25 crore. The project is a tribute to detailed design and planning. It aims to provide a first-rate, well-rounded living environment in one of Bangalore's liveliest neighbourhoods.
With its urban lifestyle, Prestige Raintree Park is one of Bangalore's best residential developments. As one of the major attractions, the project location offers fast access to the city's most important employment centres. The project is expected to begin by the end of 2023 and will require four years of development before it is ready for ownership in 2027.
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Whitefield, East Bangalore, is the ideal location for Prestige Raintree Park. Whitefield is a posh residential neighbourhood and a well-known IT hub in Bangalore's eastern outskirts. It is known that many IT companies have offices here. Residents who travel along the Marathahalli and Outer Ring Road (ORR) IT corridor and work in the area's numerous IT and tech parks select it as their ideal place to live. GR Tech Park, International Tech Park, Sigma Tech Park, EPIP Zone, and other notable IT and technology parks are located in and near the area.
The main thoroughfares linking the region to other parts of the city are SH-35, Whitefield Key Road, Old Airport Road, and Whitefield Railway Station. The Purple Line extension, which runs around 13 stations under Phase 2 of Namma Metro from Baiyappanahalli to Whitefield, has also made the location accessible by metro. This connection connects Kengeri in the west and Whitefield in the east.
Because of Prestige Raintree Park's advantageous position in Whitefield, residents may easily access any area of the city. It is an excellent choice for a residential building because of its close proximity to major employment areas like Bellandur, ITPL, Marathahalli, Sarjapur, and Whitefield. Important locations, including Electronic City, K R Puram, Marathahalli, and Whitefield, are all easily accessible from Whitefield.
Residents of Prestige Raintree Park on Whitefield have a plethora of job possibilities available to them. These days, Whitefield is a hub for work, with several IT parks and major corporations' offices nearby. It presently has the best infrastructure and is a contemporary region. This place has everything a city person could need, including shopping centres, hospitals, schools, and colleges. The infrastructure in the area is among the best. It is well connected to other parts of the city by large roads and the Purple Line metro. This place is home to numerous ongoing projects. The Peripheral Ring Road is one of those that will improve connectivity.
The region has been a popular place to invest due to its proximity to important IT hubs, rising social infrastructure, and increased retail and entertainment opportunities. Whitefield's infrastructure includes a variety of municipal amenities, including parks, schools, and hospitals, as well as strong transportation alternatives. These upgrades have boosted the area's growth potential, which has also drawn businesses and residents to the area.
Considerable money has been invested in the community's social infrastructure, leading to the creation of new parks, schools, and hospitals and an increase in the number of transit alternatives. Residents now have a better quality of life, and the neighbourhood has drawn new businesses, increasing demand for both domestic and commercial real estate.
Whitefield distinguishes itself by a blend of contemporary amenities and proximity to the natural world. Because of its welcoming and diversified population, it is a suitable option for anyone searching for a convenient and comfortable area to live and work in Bangalore.
Prestige Raintree Park in Bangalore is situated in the eastern region of the city. One of its most identifiable traits is the thriving manufacturing industry in the city's industrial zones and production centres. Due to its ideal location, Bangalore's tech companies and migrant workforce stand to gain much from the project.
Bangalore became a key hub for the technology industry in the second part of the 20th century. As a result, the city became home to the headquarters of numerous well-known international technological companies. Furthermore, several important Indian companies, including Wipro and Infosys, established their headquarters in Bangalore. Approximately 67,000 IT companies are now registered in the city.
Bangalore's consistently cool climate distinguishes it from other Tier 1 cities. The city exhibits good planning and maintenance, with well-maintained roadways, underground water systems, parks featuring a variety of sporting amenities, and frequent lake restoration. For individuals looking for a quaint and growing community in Bangalore, Prestige Raintree Park is the perfect choice.
Over the past few years, the city's real estate market has grown significantly. Bangalore is a great spot to invest in the real estate market since it offers various residential options, from modern flats and plots to vast, expansive villas.
Bangalore's population is expanding, and as more people relocate there in search of work, the demand for homes in metropolitan regions rises. Considering the current real estate market trend, investing in new projects offers investors a fantastic opportunity with the potential for significant long-term gains. Prestige Raintree Park is a great choice for anyone looking to live in a quaint, growing neighbourhood.
The development authority still needs to issue Prestige Raintree Park with an RERA certificate for the project. If the project has an RERA certificate, buyers can purchase their desired home on time, without any delays or property fraud, and with more confidence in the project.
The RERA Act creates different sets of laws in every state to address the diverse construction requirements of different locations. Project developers must register their projects under RERA and adhere to its standards in order to produce, market, and advertise their ventures as the greatest real estate endeavours that draw in and establish a connection with potential customers.
Prestige Raintree Park will abide by RERA authorities' approval criteria, ensuring the property's utmost quality.
An apartment is an independent living space within a bigger structure or complex. Every apartment is a separate private home from other units for security and privacy reasons.
A luxury apartment is a home that provides its residents with exceptional comfort, first-rate amenities, and ease of use. These lavish apartments typically offer plenty of living space and are situated in desirable areas. The Prestige Group has introduced Prestige Raintree Park, an upscale apartment building on Whitefield in East Bangalore. The residents of this property have access to first-rate luxurious facilities.
Families and working adults can choose from 2 BHK, 3 BHK, and 4 BHK flats at Prestige Raintree Park. Because of its position and strong market value, it is a great investment option. The flats also provide a secure and safe living environment.
Prestige Group is one of the most successful real estate developers in India. Its headquarters are in Bangalore. Established in 1986 by a group of enthusiastic people under the direction of Razack Sattar, the company has a varied portfolio spanning multiple market sectors, such as retail, hotel, entertainment, commercial, and residential. The business is renowned for its opulent projects that provide first-rate amenities, outstanding quality, and environmentally friendly elements.
The over 285 projects that Prestige Group has finished total approximately 170 million square feet. They are engaged in 54 ongoing projects totalling 70 million square feet. The Prestige Group also plans projects totalling close to 57 million square feet for future development.
Prestige Group is a nationally recognized and highly esteemed real estate developer. Their reputation has grown due to their dedication to faith, integrity, and following the law. Due to their dedication to delivering top-notch projects and their pivotal role in transforming the real estate industry, they are favoured by both investors and clients.
Prestige Group sets itself apart from other construction companies' superior development, planning, and management abilities. They use cutting-edge and modern technology to give their residents comfort and an opulent atmosphere. They carry out each business operation transparently and precisely.
Residential plots and apartments presently in the planning stages are reserved for investors, and residential buyers are referred to as upcoming projects. Future projects may take longer to complete since planning and design are often modified to meet investor and buyer demands. By 2024, Prestige Group will have several projects under development in Bangalore.
The following are some of the upcoming projects by Prestige Group in Bangalore by 2024:
A project that is still in progress and requires the allotment of an occupancy or completion certificate is said to be ongoing. Prestige Group is a firm that regularly finishes projects on time and is presently engaged in several high-end projects in Bangalore.
A few of the prestigious projects of Prestige Group in Bangalore are:
Any development project is said to be completed when all of its work has been completed. A completion certificate certifies that the property has been completed to standard amenities and specifications. Knowing that the property is ready and that there won't be any problems upon possession provides investors and buyers with peace of mind and trust. In Bangalore, reputable builders such as Prestige Group have built and finished several high-end structures and plots.
The most elegant projects completed by Prestige Group in Bangalore are:
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