Prestige Raintree Park Rent
Prestige Raintree Park has 3, 3.5, and 4 BHK apartments and 4 and 5 BHK villas for rent. The project has 80 per cent open space, i.e., 28 acres, 1600 apartments, and 10 towers so one can expect a high rental yield.
Rent is decided based on the super-built area and carpet area. The higher the carpet area, the higher the rent. Hence, in Prestige Raintree Park, one can expect higher rental income as all the apartment sizes are above 2200 square feet.
Due to IT tech parks and access to all the basic amenities, such as hospitals, malls, and schools, rentals in East Bangalore are very high.
Varthur Main Road is one of the best areas in Whitfield.
Rentals in Varthur Main Road
2 BHK is the most sought-after property for rent on Varthur Main Road. Rent is in the range of 25K - 35K. 3 BHK can fetch between 50K - 60K in this area. People like to stay in multi-story apartments in this area, hence the demand.
Rentals in Whitefield
Apartments in Whitefield have been in demand since 2002. There are many top builders in this area. Most buyers are looking for a second home as an Investment, so they consider the rental factor.
Depending on the developer, the rental range is between 40k to ₹1L. 3 BHK is in demand in this location.
| Type | Apartments |
|---|---|
| Project Stage | Prelaunch |
| Location | Whitefield, Bangalore |
| Builder | Prestige Group |
| Floor Plans | 3,3.5,4 & 5 BHK |
| Price | Rs. 2.9 Cr* Onwards |
| Total Land Area | 125 Acres |
| Total Units | 1600 Units |
| Size Range | 2000 - 3800 Sq.Ft |
| Approvals | NA |
| RERA No | Onrequest |
| Launch Date | 2024 |
| Pre-launch Date | Onrequest |
| Completion Date | 5 years from launch |
| Possession Date | 2028 Mid |
The project is close to several IT hotspots, such as Indiranagar, which is 14.7 km away. It is 17.4 km from MG Road, 19 km from Electronic City, and 15 km from Koramangala. Renting a house in this project will reduce commuting time for those working in the neighbouring IT hubs.
The greatest place to rent is Prestige Raintree Park because of its many benefits, which include
- Prime location: The property is situated in Whitefield's prime area, close to major IT hubs and the best universities and schools in the area. This makes it the perfect place for families. There will be less travel time because all the features are close by.
- Best features: A kids' play area, a gym, a swimming pool, and other amenities are all included in the project to provide a comfortable lifestyle.
- Safety: The project is safe since it has CCTV cameras and trained security on duty around the clock.
- Employment offers: This project may be favoured for rent because it will reduce commuting time, and the neighbourhood is close to IT hubs like ITPL, Wipro, Brigade Tech Park, etc., which have numerous employment openings.
- Excellent transportation system: The project uses the train, bus, and metro systems to connect all areas with an excellent transportation system. The project is close to the metro's purple line, which offers a strong connection.
This project features elevators to move people from floor to floor, and all 2 BHK apartments are above tall buildings. A model of the two-bedroom flats will be displayed at the project site. Buyers can get a 360-degree view of these properties on the gallery page before making a reservation. Prestige Raintree Park Rent is a great option for first-time investors and those on a tight budget.
