Prestige Raintree Park offers diverse residential options to suit various tastes and budgets. The pricing of the apartments is influenced by their size and configuration, ensuring that affordable units are available to meet the needs of all buyers. This flexibility makes the project accessible to many homebuyers, accommodating modest and luxurious preferences.

Whitefield is an ideal location for purchasing a high-quality home, thanks to its affordability, excellent connectivity, and proximity to significant IT hubs. This reliable and perfectly positioned area is one of the most sought-after for real estate investment. Competitive real estate costs make Whitefield attractive for many buyers looking to relocate and invest.

Prestige Raintree Park, a development in Whitefield, offers some of the finest homes thoughtfully constructed to meet the contemporary needs of its residents. It is an excellent choice if you are seeking spacious 3, 3.5, 4, and 5 BHK apartments in Bangalore's Whitefield neighbourhood. It's simple, comfortable, and well-thought-out design complements modern living. The property boasts unique architecture and many amenities, redefining the concept of modern urban living and making it a standout option for homebuyers.

Price of Apartments in Whitefield

Whitefield, a neighbourhood in East Bangalore, is fast developing. Prices have been rising in the area because of its excellent access to all major cities. There are many different types of housing options in the area, ranging from premium to inexpensive. Prices are rising quickly, along with the local socioeconomic structure.

Whitefield real estate price starts at Rs. 11,000 per square foot. A 1 BHK apartment with all modern features will cost around Rs. 80 lakhs. A premium 2 BHK apartment in Whitefield ranges between Rs. 1.3 crores to Rs. 2 crores. A luxurious 3 BHK apartment ranges between Rs. 3 crores to Rs. 4.5 crores.

A 2 BHK apartment in Whitefield may be rented for as little as Rs. 25,000. The ongoing metro will facilitate residents' access to transportation, raising demand for Whitefield real estate. Prices are rising quickly because there are many planned developments in the rapidly expanding neighbourhood.

Price of Apartments in Bangalore

Bangalore is a highly sought-after location for real estate, and costs have increased significantly over time. With various leisure opportunities and a beautiful temperature all year round, it is the most sought-after location for people of all ages.

Buyers can pick from an expansive range of housing alternatives in the city, including opulent homes and affordable apartments. Over time, buyers will profit from the sustained high demand for residential real estate. The city is growing quickly along with the IT industry, and any real estate investment will yield positive results.

Some of the best places in Bangalore to invest in apartments

• Whitefield
• Varthur Road
• Electronic City
• Sarjapur
• Begur Road

Due to increased demand, apartment prices in Bangalore are rising daily. The size and neighbourhood in which the apartments are built determine their pricing. Apartments are more expensive in the IT hub locations or adjacent to them. A 1 BHK apartment currently costs Rs. 70 lakhs, a 2 BHK apartment costs 80 lakhs to 1.5 crore, and so on. Purchasing real estate in Bangalore City can provide investors with profitable profits. In Bangalore, 1 BHK apartment is rented for between Rs. 10,000 and Rs. 25,000 per month.

Prestige Raintree Park Payment Plan

The payment plan gives purchasers a clear explanation of all the costs involved. It contains the price of the apartment based on the type, floor, GST, amount of the booking, and the instalments that need to be paid. For your understanding, any additional costs are listed along with payment instructions.

The project offers several payment options, such as down payments, personalized payment plans, plans tied to construction, and paying a portion now and nothing at all until possession. The builder can go over these plans with the bank before purchasing any units.

Customers can easily make payments with the risk-free instalment plan offered by the Prestige Group Payment Plan. 10% of the total price is due at the time of booking by the buyer. There are quarters of the remaining fee. Buyers are free to select any payment plan that best suits their budget.

The project will follow the approved payment plan, which is mentioned below:

• When booking any flat, the buyer can pay 10% of the total.
• 10% of the total might be paid at the beginning of construction.
• In the course of excavation, 10% can be paid.
• 10% of the money can be paid during the Plinth process.
• A 10% payment can be made while the basement is being built.
• During the Ground Floor construction, 10% of the payment can be made.
• 10% of the total amount can be paid while the first floor is being built.
• A 10% payment can be made during the flooring process.
• 10% of the total cost might be paid during plumbing work.
• 10% of the total amount can be paid while in possession.

Bangalore Real Estate Trends

Bangalore's housing demand is driving up real estate prices as more people relocate there in search of employment. The recent surge in the real estate market is an advantageous moment for prospective purchasers to enter the market. Due to the high demand, investing in the residential real estate market is the ideal option for both buyers and sellers.

A number of factors, such as more employment, better infrastructure, and economic expansion, are expected to contribute to the real estate market's continued rise. Various investment opportunities are available, and the cost of properties varies according to region.

Let's check the average price of property in major locations

Location	Average Price
Whitefield	10,500/ sq. ft
Varthur Road	12,000/ sq. ft
Sarjapur	10,200/ sq. ft
JP Nagar	10,000/ sq. ft
Electronic City	9,000/ sq. ft
Koramangala	8,500/ sq. ft
Thanisandra	8,000/ sq. ft

The real estate sector will grow in 2024 as several IT hubs strive to increase their footprints. The greatest time to invest in real estate in Bangalore is now, as there will be strong rental income growth and returns.

Current price on Whitefield and price trends

Whitefield's real estate market has grown drastically because of its greater connectivity. There has been a significant increase in real estate construction in recent years. Due to its proximity to important IT hubs, the area's real estate prices have soared, and there is currently a demand for residences. People move here, which boosts the local real estate market. Excellent access to the city's major areas is available in this location, mostly via SH-35. Property prices will rise due to Phase 2 of Metro, which will also expand the transportation network.

In Whitefield, the average price of a property starts at Rs. 11,500 per square foot. A one-bedroom apartment in Whitefield may be rented for as little as Rs. 15,000. The region is perfect for long-term investment because it will see a real estate boom in the future.

Prestige Raintree Park Cost Sheet

A cost sheet is an easy-to-use tool that consumers may use to comprehend the prices of several flats customized to their tastes. The cost sheet for Prestige Raintree Park is a helpful tool for comprehending the prices of different flats in the project according to purchasers' requirements. It contains all facts, enabling users to make defensible decisions. The two sections of the cost sheet are the apartment cost breakdown and the payment plan.

Prestige Raintree Park cost sheet consists of the following elements:

• Base price
• Sale value
• Build-up Area cost
• Stamp duty and registration charges
• Taxes
• Carpet Area cost
• Agreement value cost
• Additional charges
• Total Price
• Applicable GST for the apartment and villa.

Frequently Asked Questions