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Prestige Raintree Park


Prestige Raintree Park is a forest-themed, refined township project on Varthur main road, near Whitefield, with direct access to SH 35, East Bangalore. Overlooking Varthur Lake, the grand 2, 3, and 4 BHK apartments are unique homes covered by the beauty of the natural world. The project has 2600 apartments in total. Spread over 70 acres of peaceful, green surroundings, the project ensures a better life in the city.

The floor space of a large 2 BHK flat 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 starting price of lavish apartments in this special gated community is expected to be Rs. 1.25 crore. The project shows the detailed design and planning of Prestige Group. It aims to offer a first-rate living environment in one of Bangalore's most vibrant localities.

Prestige Raintree Park is one of Bangalore's best residential developments 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. The project is expected to launch by the mid of 2024. For the completion of the project, it requires four years. The possession is set to be in 2027. The project is waiting for the approval of the RERA. After that, the builder will launch the project.



Prestige Raintree Park Highlights

Prestige Raintree Park Project Type
Prestige Raintree Park Project Type
Prestige Raintree Park Total Land Area
Prestige Raintree Park Unit Variants
Prestige Raintree Park Towers and Blocks
Prestige Raintree Park Project Type
Prestige Raintree Park Builder
Prestige Raintree Park Total Land Area
Prestige Raintree Park Unit Variants
Prestige Raintree Park Towers and Blocks

Location

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.



Prestige Raintree Park Location


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.


  • Connectivity to the airport: Kempegowda International Airport is about 37 kilometres from the project site. Prestige Raintree Park residents can reach it via SH-104 via Whitefield- Hoskote Main Road.
  • Connectivity to the metro station: The project area is connected to the Kadugodi metro station, which is about 4 km distant, via the Purple Line metro. Hopefarm metro station (4.2 km) and Sri Sathya Sai metro station (5 km) are two additional metro stations close to the project site.
  • Connectivity to the railway station: The project site provides access to main city train stations. It's simpler to commute because Whitefield train station is only 5 miles away. Residents can swiftly and properly connect to neighboring states and inside the state thanks to rail transportation.
  • Connectivity to NH 44: The project site has direct access to NH 44, a four- to eight-lane road that links Bangalore's Devanahalli industrial zones with Kempegowda International Airport. The road likewise governs vehicle entry and egress.
  • Connectivity to State Highway 35: The project's position facilitates State Highway 35's toll- free transit to Varthur, Whitefield, Electronic City, and Sarjapur, as well as connecting key areas of the city.

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.

Key Dates



Prestige Raintree Park Key Dates



  • Launch Date: 2024
  • Completion Date: 2028
  • Possession Date: Dec 2028
  • RERA No: Applied

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.



Prestige Raintree Park Whitefield



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.


Benefits of putting money into Whitefield

  • A Sturdy Infrastructure: Whitefield provides easy access to the rest of Bangalore because of its well-planned highways, metro links, and future infrastructure projects like the Peripheral Ring Road (PRR) and the proposed metro extension. Because of its accessibility, the location is more appealing to investors, which guarantees strong rental yields and capital growth.
  • Commercial growth: Whitefield's need for office space has been bolstered by the entrance of multinational enterprises and IT companies. Whitefield's prominence as a premier commercial hub is highlighted by a 16% rise in office space absorption over the previous year, according to Knight Frank's Bengaluru Real Estate Report 2021.
  • High Returns: Due to its proximity to major commercial districts and the influx of numerous tech companies, Whitefield's real estate values have increased significantly. If you want to purchase a home just to rent it out and make money, this neighbourhood is ideal. The growing demand for housing is directly related to the increasing number of people moving to the area in search of employment.
  • Employment centres: The tech boom is still going strong in Whitefield, with a large number of MNCs, IT companies, and startups providing excellent employment opportunities for thousands of young people. It is now a hub for technology, with parks like International Tech Park and others located there. Given the number of large corporations that have established or grown their clusters in Whitefield, it is an excellent spot to invest. People will still want to live in these magnificent homes since the IT boom is continuing and will likely pick up more speed in the years to come.

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.

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.



Prestige Raintree Park Bangalore



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.


Bangalore's benefits for residents and investors include:

  • Tech Boom: A booming location for employment, Whitefield offers quick access to South and East Bangalore's industrial areas and key IT clusters. Whitefield's abundance of corporate offices, manufacturing facilities, and IT establishments contributes to the area's employment prospects.
  • Promising Rental Revenue: Whitefield boasts a lucrative rental revenue market because of its prime location. It is easy to get to work and attracts people from various parts of the city, including IT specialists, students, and foreign workers. Additionally, it can provide owners with a steady stream of rental revenue.
  • Increasing Property Value: Since the establishment of East Bangalore's industrial zones and job centres, the city's real estate market has been rapidly growing. In Bangalore, real estate investment is one of the most lucrative long-term financial options.

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.

RERA


Prestige Raintree Park RERA



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.


RERA's Main Goals

  • Consumer Protection: The primary goals of RERA are to protect homebuyers' welfare by ensuring equitable procedures, providing timely information, and mediating conflicts between developers and purchasers.
  • Encourage Transparency: By compelling developers to reveal project specifics, such as budgets, schedules, and legal clearances, it seeks to increase transparency in the real estate industry and empower purchasers to make knowledgeable choices.
  • Standardisation and accountability: RERA imposes guidelines and limits on real estate developers to ensure compliance with construction norms, quality standards, and timely project completion, hence promoting standardisation and accountability. It holds developers responsible for any changes made to the terms and conditions that were previously agreed upon.

Prestige Raintree Park will abide by RERA authorities approval criteria, ensuring the property's utmost quality.

Apartments


Prestige Raintree Park Apartments



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.


Considerations before making an apartment purchase

  • Spending limit: You should set a budget before narrowing down your options because apartments need a significant financial commitment.
  • Location: When buying an apartment, choosing the ideal location is crucial. Residential developments in desirable areas are more profitable since their values have increased quickly.
  • Water and Power Supply: If there are frequent power outages and a shortage of water, buying an apartment—even one in a desirable neighbourhood—would not be a wise decision. Ask about the area's water and electrical supplies.
  • Amenities: Before investing, it is advisable to thoroughly research the amenities offered by a residential complex. These may include parking spaces, elevators, gyms, parks, and sports facilities.
  • Security: Safety is crucial when choosing an apartment. Before buying an apartment, verify whether the building has cameras and security personnel on duty around the clock.

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.


Advantages of Residing in and Investing in Prestige Raintree Park Apartments

  • Reasonable Pricing: The apartments are reasonably priced, making them a great choice for rental and investment.
  • Minimal Maintenance: Compared to single-family homes, apartment rent, utilities, maintenance, and other related charges are typically less expensive.
  • Dedicated Security Unit: If you value your safety and security, apartment living is the best option. With excellent security measures, you can experience greater peace of mind than ever before. Opt for apartment living's convenience and security.
  • Contemporary Amenities: Living in the apartment complex grants you access to many leisure areas, first-rate amenities, and easily accessible on-site facilities.
  • Nature-hugged amenities: Amenities created specifically for the project, such as lush vegetation and bubbling water features, will reunite inhabitants with the natural world.

Prestige Group

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.


Prestige Group Apartments in Bangalore


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.


The primary driver of Prestige Group's success is:

  • Architectural Marvels
  • Designed and planned by experts
  • Meticulous design and patterns
  • Layout blends contemporary and eco-friendly components
  • Customer centricity and priority

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.


Upcoming Projects in 2024

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:



Ongoing Projects in Bangalore

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:







Completed Projects in Bangalore

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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Disclaimer: Any content mentioned in this website is for information purpose only and Prices are subject to change without notice. This website is just for the purpose of information only and not to be considered as an official website.