Prestige Raintree Park Price
Prestige Raintree Park price for a 3.5 BHK starts at Rs. 3.65 crore, with a rate of Rs. 14,500 per square foot. The price list ranges from Rs. 3.65 crore to Rs. 4.46 crore. For a detailed breakdown of prices, please refer to the detailed price list.
Launch Prices:- 3.5 BED Units: Start at Rs. 3.65 Cr* Onwards
- 4 BED Units: Start at Rs. 4.10 Cr* Onwards
- 5 BED AURUM SUITES (4B + 4T + Studio) Units: Start at Rs. 4.46 Cr* Onwards
- 5 BED AURUM SUITES (4B + 4T + Studio + HO)) Units: Start at Rs. 4.6 Cr* Onwards
*Pre Launch offer valid till 15th SEPTEMBER 2024
The apartment areas range from 2,004 to 2,121 square feet, with units including a maid's room or home office spanning between 2,187 and 3,698 square feet. The floor area of apartments with studios is between 3503 sq. ft. and 3698 sq. ft. After approval, a detailed cost sheet will be published.
The pre-launch price for Prestige Raintree Park is Rs. 11977 per square foot, valid till 15th September 2024. Below is a detailed price list of the apartments.
| Unit Type | Size | Price |
|---|---|---|
| 3.5 BED | 2533 sq ft | Rs. 3.65 Cr* Onwards |
| 4 BED | 2924 sq ft to 2968 sq ft | Rs. 4.1 Cr* Onwards |
| 5 BED AURUM SUITES | 3503 sq ft to 3698 sq ft | Rs. 4.46 Cr* Onwards |
The project offers a variety of residential options to suit different tastes and budgets. Apartment prices vary based on size and configuration. This ensures affordable units are available for all buyers. The flexibility makes it accessible to both modest and luxury homebuyers.
Price of Apartments in Whitefield
The price of apartments in Whitefield, East Bangalore, is based on the number of bedrooms, amenities, and the location of the apartment:
- 1 BHK: The average price of a comfortable 1 BHK apartment in Whitefield is Rs. 72.1 Lakhs, and the rent starts at Rs. 15,000.
- 2 BHK: The average price of a decent 2 BHK apartment in Whitefield is Rs. 1.15 Crores, with rent starting at Rs. 20,000.
- 3 BHK: The median price of a 3 BHK apartment in Whitefield is Rs. 2.34 Crores, and the rent for a 3 BHK starts at Rs. 30,000.
Average price per sq ft
The average price of property in Whitefield is ₹10,103 per sq ft.
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 location. Some popular areas in which to buy an apartment in Whitefield include Varthur, ITPL, Nallurhalli, Channasandra, and Thubarahalli. Whitefield's property market has been growing steadily due to its status as a major IT hub.
Price of Apartments in Bangalore
The price of apartments in Bangalore differs depending on the location, connectivity, amenities, and the builder. A 1 BHK apartment price is around Rs. 70 lakhs, a 2 BHK apartment costs between 80 lakhs and 1.5 crores. Purchasing properties in Bangalore can provide investors with great profits. In prime locations, a 1 BHK apartment is rented for between Rs. 18,000 and Rs. 25,000 per month. The pre launch projects in Bangalore 2024 price is attractive and competitive.
Bangalore is a sought-after area for real estate investment, and costs have increased greatly over time. Buyers can pick from an expansive range of housing alternatives in the city, including opulent homes and affordable apartments. 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 neighborhood in which the apartments are built determine their pricing. Apartments are more expensive in the IT hub locations or adjacent to them.
Prestige Raintree Park Payment Plan
The payment plan of Prestige Raintree Park 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. Buyers are free to select any payment plan that best suits their budget. Prestige Raintree Park launch price is set to be lower than the actual price.
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 real estate market forecast 2025 shows a rapid rise in real estate prices. Some experts predict a 5–12% increase in residential property prices:
- Knight Frank: Predicts a 5% annual increase in residential property prices
- Business Insider India: Forecasts a 12% increase in prices for 2024
- ANAROCK: Expects residential launches and sales to rise by 10–15% by the end of 2024
Bangalore's housing demand is driving up real estate prices as more people relocate there in search of employment. 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. Let's check the average land rates in Bangalore per square feet.
| Location | Average Price |
|---|---|
| Whitefield | 10,103/ sq. ft |
| Varthur Road | 9,855/ sq. ft |
| Sarjapur | 10,210/ sq. ft |
| JP Nagar | 10,400/ sq. ft |
| Electronic City | 9,213/ sq. ft |
| Koramangala | 8,425/ sq. ft |
Some of Bangalore's most sought-after localities include Whitefield, Sarjapura Road, Ballari Road, Electronics City, and Kanakapura Road. 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.
Property price trends in Whitefield Bangalore
The property price trends in Whitefield show that it is one of the best places to invest in Bangalore. The real estate market has grown drastically because of its greater connectivity, and 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. Excellent access to the city's major areas is available in this location, mostly via SH-35. Property prices will keep on rising due to Phase 2 of Metro, which will also expand the transportation network.
Prestige Raintree Park Cost Sheet
The cost sheet of Prestige Raintree Park is a helpful tool for understanding the prices of various flats in the project. 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 price per square foot and floors cost is mentioned in cost sheet for better understanding. It 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
1. What are the payment plans possessed by builders?
The builder offers many payment plans, which include a down payment plan, a construction-linked plan, and A pay-some amount and nothing till possession.
2. What is the price of a 3.5 BHK apartment in Prestige Raintree Park?
The starting price of aesthetically designed 3.5 BHK apartments in Prestige Raintree Park is Rs. 3.65 crores. The apartments are spacious and large, with floor areas 2533 sq. ft. They are ideal for larger families with a larger number of individuals or those who wish for an extra room.
3. What is the usual pattern of Prestige Group in setting the price for apartments?
Prestige is known for setting reasonable and affordable prices for all its properties. It strictly adheres to the market price and presents the best possible deal to its investors. It invariably estimates the cost of the property, and only after thorough deliberation does it decide on a price that also matches the market. It is an ideal win-win for both the builder and the home buyers.
4. Is it good to invest in properties in the pre-launch stage?
There are many benefits to buying a home in a project that is in the pre-launch stage. The pre-launch price for Prestige Raintree Park will be highly attractive. Choosing a home during this stage allows buyers to find one that meets all their requirements. The price during the pre-launch stage will be much less than the launch price.
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