Prestige Raintree Park, strategically located in Varthur, Whitefield, Bangalore, is an innovative integrated township by Prestige Group. It features 1600 Apartment Units on a vast 125-acre plot, with a range of 3, 3.5, 4, and 5 BHK flats, making it a prime real estate investment.
The exact location of Prestige Raintree Park is on Whitefield Main Road, Varthur, Bengaluru, Karnataka. It is on SH 35 ( State Highway 35) opposite Varthur Kere ( Lake).
A mixed-use township, Prestige Raintree Park is one of the largest townships owned by Prestige Group. The total allotment for residences is 82 acres. Commercial spaces will be 25 acres. Tech Park and a high-street Retail Mall will be in this area.
This biggest Residential launch of 2024 will be developed in 2 phases. Phase 1 will have 1600 apartments on 28 acres. Below are the types of units available
This new housing project, Prestige Raintree Park, is one of the best upcoming launches in east Bangalore. Its proximity to the Whitefield metro station makes commutes easy. The Project is opposite the serene Varthur Lake in the eastern zone of Bangalore. Panathur Road, Bagalur and Kanakapura Road are accessible via State Highway 35.
The spacious 3 BHK luxury Raintree Park apartment size ranges from 2005 sq. ft to 2020 sq. ft. This new launch apartment in Whitefield Prestige Raintree Park has multiple options of 3 BHK. The size of a 3 Bed+ Maid’s room ranges from 2187 sq. ft to 2400 sq. ft. The floor space of a large 3 Bed + Study + Maids apartment ranges from 2451 sq. ft to 2538 sq. ft. The elegant 4 Beds + Maids room has a floor area between 2900 sq. ft and 2956 sq. ft. The stunning 4 Bed + Studio luxury apartments’ size ranges from 3500 sq. ft to 3700 sq. ft.
Prestige Raintree Park is one of the best apartments in Bangalore with its urban lifestyle. The project location offers fast access to the city's most important employment centres. It is one of the major attractions and highlights.
Prestige Whitefield pre-launch Prestige Raintree Park is scheduled to launch in June 2024. The exact Launch date is around the first week of June 2024. Currently, the project is in the pre-launch stage. As of May 22, 2024, the pre-booking is open. It will be completed in four years ( Completion Date: June 2028), and the possession date is December 2028. Pre-launch enables investors and buyers to make early-stage property purchases and helps the builder raise money before approvals.
Project Prestige Raintree Park Important Dates as follows :
All the dates are very important in terms of project status.
The project is waiting for RERA's approval. Once approved, it will be one of the best residential projects in Whitefield, Bangalore.
The EOI (Expression of Interest) in Prestige Raintree Park will commence soon, expected in June 2024. It is a way of expressing the project's intent even before it is launched. Builders usually give priority to those who have submitted the EOI for allotment.
Township
Pre Launch
Whitefield, Bangalore
3,3.5,4 & 5 BHK
2.9 Cr* Onwards
2005 - 3700 Sq Ft
2028 Mid Onwards
28 Acres
1368 Units
18 Towers, 2B+G+19 Floors
Applied
Prestige Group
A township is a fully planned community concept in the real estate industry. It consists of areas designated for residential, business, and recreational use within a certain area. A township is a property that has been carefully planned to include all the amenities required to provide a safe and independent living space inside its boundaries.
Prestige Raintree Park Township comprises
It is an integrated township on Varthur Road. This is not just A project, it's a grand vision. With 1600 apartments, this integrated Township spans a colossal expanse of 125 acres.
For a higher standard of living, Prestige Whitefield's new launch, Prestige Raintree Park, has all the lavish amenities one might desire. The lifestyle enjoyed by the residents in this residential project near Whitefield Bangalore is unmatched. The massive main entryway greets us, and every convenience required for an elegant and pleasant existence is available throughout the entire property.
Prestige Raintree Park is on among the best pre launch projects of 2024 in Whitefield, Bangalore. Although buying a house can be challenging, the builder promises this is the best deal they have ever seen. Join the magnificent Prestige Group community and live a luxurious lifestyle in one of Bengaluru's most sought-after neighbourhoods.
Prestige Raintree Park SH 35, Whitefield Main Rd,Varthur, Bengaluru, Karnataka Pin Code - 560087 |
Major highlights of the location of Prestige Raintree Park, an upcoming project in Bangalore by Prestige Group
The location of a real estate property is an important factor for investment. It affects current desirability and profitability and influences future appreciation potential. Varthur Main Road near Whitefield is a prominent locality in East Bangalore.
Prestige Raintree Park Whitefield, a new launch by Prestige Group, will provide residents with comfort and convenience due to the location's connectivity.
Whitefield is a popular locality in East Bangalore. It is a well-known IT hub. Numerous IT parks are known to have offices here. The region is a top choice for working professionals. Especially those who work in the IT and Tech Parks on Outer Ring Road (ORR) and Marathahalli IT corridor. The location is a top choice for residential investments.
The area is well-connected to the rest of the city through various transportation modes. The major roads linking the area to other city areas are Old Airport Road, Whitefield Key Road, and SH-35. The metro also serves the location. The Purple Line extension, a part of Phase 2 of Namma Metro, connects Baiyappanahalli and Whitefield with about 13 stops. This link spans from Kengeri in the west to Whitefield in the east. It provides an efficient mode of travel for residents.
Prestige Group has many projects in Whitefield , Few of the successful projects of Prestige Group in Bangalore.
Prestige Raintree Park is a luxury housing project by Prestige Group. It is located in Whitefield. The site allows its residents easy access to major parts of the city. It is close to main employment areas like Bellandur, ITPL, Marathahalli, Sarjapur, and Whitefield. It is a great option for residential investment.
Whitefield is a main region in East Bangalore. The region's real estate market is growing fast. There are many new launches of Prestige apartments in Whitefield by Prestige Group. Raintree Park is one of the best upcoming projects of 2024 in Whitefield.
There are multiple IT hubs with many employment options. The area's social structure led to the continuous growth of real estate. The region boasts a strong transportation system with numerous highways and flyovers. The location has undergone a major change. The Whitefield is now one of the main hubs for work in the city.
Prestige Raintree Park in Whitefield by Prestige Group has many advantages, considering the location. Varthur is the prime location of the Whitefield area. It has a rich history, good employment opportunities and the right place for investment.
Established in 1882 as a community for Bangalore's Eurasians and Anglo-Indians, the area is named after David Emmanuel Starkenburgh White, the pioneer of the European and Anglo-Indian Association. In the 1800s, Mysore Maharaja Chamaraja Wodeyar gave the association 4,000 acres of property.
Now, Whitefield is one of the premium neighbourhoods in East Bangalore with well-developed infrastructure. The locality now houses numerous IT and Tech parks, which has drastically increased its market value.
It is the best place to live in. The site offers great infrastructure here. This area has excellent hospitals, colleges, schools, and fun and shopping spots. Whitefield has easy access to the city through the metro and a number of wide roadways. Living here is more convenient. Many people are buying homes in the site. The Prestige Group's next project, Prestige Raintree Park, is developing in Whitefield. It is expected with great excitement by buyers. A great place to live in the locality will be the grand enclave.
Varthur Road is a prominent road located in East Bangalore connecting Varthur and Whitefield. The road offers excellent connectivity and boasts basic amenities. It leads to the major IT companies and tech parks located in Varthur.
Varthur's location is a key factor contributing to its growing popularity. It offers exceptional connectivity to major IT hubs such as Whitefield, Marathahalli, and Electronic City, making it an alluring option for professionals working in these areas.
Prestige Raintree Park on Varthur Road is a perfect option for investors and end users. The location provides a beautiful blend of natural beauty and metropolitan comfort. The project is finely crafted to match the lifestyle of the surroundings.
Varthur Road offers a distinctive way of life. For those looking for the best of both worlds, the combination of natural beauty with urban convenience makes it a desirable option. Prestige Group's luxury apartment project, Prestige Raintree Park, provides an ideal option for home buyers.
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.
Prestige Raintree Park in the city's eastern region: A Pre-launch Project in Bangalore. One of its most identifiable launches is in the middle of the thriving IT parks. East Bangalore is the city's most concentrated IT zone. Due to its ideal location, these new apartments in Bangalore will help fulfil the needs of people looking for real estate in this zone.
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 in Bangalore 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.
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.
Prestige apartments at Raintree Park are all above 3 BHK. The smallest dimension is 1900 square feet. So it is ideal for those looking for more space.
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.
Model Apartments in Prestige Raintree Park will be ready during the launch. Customers can look into this before making a decision. One can get an idea of the overall carpeted area and how the apartment is structured.
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.
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.
Prestige Raintree Park's connectivity offers residents the comfort of quick access to the major locations of Bangalore. The project, situated in Whitefield, is not just a residential area; it's a rapidly growing community. Its popularity is soaring, making it one of the most sought-after areas in the city. Its proximity to the main IT hubs has significantly contributed to its expansion. Moreover, it boasts a top-notch transportation system encompassing multiple road networks and metro lines. The Purple Line Metro further enhances the ease of reaching the project site, making it a truly convenient living option.
The connectivity of Prestige Raintree Park to famous IT hubs and tech parks makes it one of the city's most desirable real estate locations. Renowned businesses may be found in the neighbourhood, with broad roadways and flyovers connecting all the key locations. The Outer Ring Road (ORR), NH 44, and NICE Road provide easy access to the project. Residents and workers in the neighbourhood have benefited greatly from the introduction of metro connectivity, which has shortened commute times and made living easier.
Investing in Prestige Raintree Park is the right decision. Due to the below points:
Also, if an investor has an apartment and is looking to resell it and make a profit, this is one builder you can trust. All the Prestige Group apartments have high values upward of 30% for a given locality.
The buyers will profit from their investment in Prestige Raintree Park luxury apartments. For long- term investments, it is perfect. Acquiring a home within the project involves more than just paying cash. Entering the realm of a lavish city lifestyle is what it is. The company is well known for its commitment to producing the best homes.
The project's many first-rate amenities considerably improve the residents' quality of life. The builder thoughtfully included areas for socializing and getting to know one another, like the clubhouse. The project also has areas for recreation, sports, and fitness. They're all located in gorgeous green spaces. Buyers who invest in Prestige Raintree Park are entitled to a house in a desirable neighbourhood with the greatest urban living.
One of the city's most promising neighbourhoods is where the project is located. It is growing and developing quickly, and the housing market is booming. In addition, the builder is a reputable name in the field. Buyers of real estate projects have a lot of faith in the builder. It is renowned for producing top-notch projects. An investment in Prestige Raintree Park should increase in value over time. Profits for project investors could be substantial. The Prestige Group consistently sees a high demand for rental properties. Rent can be earned consistently by owners.
There are numerous advantages to buying Prestige Raintree Park apartments. It has gorgeous residences and amenities in a prime location in Whitefield. The project satisfies every desire of the homeowners. For those seeking a luxurious living environment, it is a compelling choice. The developer is a reputable name, and its residences are guaranteed years of happiness.
One of the project's primary advantages is its location. The residences are near significant work centres and nestled among an abundance of verdant foliage. Because of its position, getting to hospitals, schools, and commercial centres is easy. The abundance of services in the area improves the quality of life.
Prestige Raintree Park has the additional benefit of location when purchasing an apartment there. The builder has gone above and beyond to produce a living environment that is second to none. There is a large clubhouse on the property, along with various socializing spaces. There's a pool, lots of entertaining places, and a contemporary gym. The thoughtfully designed green areas enhance the enclave's tranquillity. These facilities enhance the opulent standard of living. They also support the development of a robust community.
Purchasing apartments in Prestige Raintree Park has several benefits, not the least of which is the high potential return on investment. Investing in a house here is a smart move. In the industry, The Prestige Group enjoys an outstanding reputation. Its superb location and first-rate amenities increase its value. There is a surge in the local real estate market. Here, real estate costs are gradually increasing. Purchasers that purchase a property in a development of this class stand to gain financially.
Prestige Raintree Park gives the best investment option for potential investors since it provides the optimal balance of a prime location, abundant living, facilities, reputable developers, and potential for future gain.
The project offers luxurious apartments in different layouts and sizes to cater to the needs and budgets of varied customers. It provides aesthetically designed 3, 3.5, 4, and 5 BHK apartments.
Prestige Raintree Park township covers an expansive 125 acres. Of that, 28 acres are taken for phase 1 development.
The project offers 1600 premium apartments spread across 10 towers. Each tower has a ground floor and 19 floors, and it will provide a scenic view of the surroundings.
To pay for a home within the project, one needs to furnish postdated checks (PDCs). The builder offers time-bound payment options. PDCs are held as security for home loans and are given back when ownership is assumed.
Because of its solid reputation, the Prestige Group has gained the trust of all major banks and financing institutions. Obtaining house loans for Prestige Raintree Park will be no problem.
The builder is currently awaiting RERA clearance for the enclave. Construction is anticipated to be finished in 2027, four years after the launch date.
The builder has a reputation for finishing house projects on schedule. In the improbable event that the project is delayed, RERA procedures will govern compensation payments.
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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