Prestige Lake Ridge is a new prelaunch residential complex by prestige group in the garden city, bangalore. Prestige Lake Ridge is located @ Uttrahalli, Off Kanakapura Road, Bangalore. This project offers 2/3 BHK Apartments with unique amenities.
Prestige Lake Ridge Prelaunch - Facts
- Location: Yadallam Nagar, Subramanyapura Post, Uttarahalli, Bangalore – 560061.
- Total Land Area: 15.94 acres
- Total No of Apartments: 1119 Units
- Total No of Towers: 12
- No of floors: 2 Basement+ 18 floors
Prestige Lake Ridge Key Distance:
- Distance from MG Road -15Kms
- Distance from Padmanabha nagar - 3.6Kms
- Nearest Metro station – 3.5 kms (Metro cash & Carry, Kanakpura road
Prestige Lake Ridge Price List
UNIT TYPE UNIT SIZE PRICE
1BHK 661 sft Dial 8880 777 111
2BHK 137-1159 sft Dial 8880 777 111
2.5BHK 1345 -1367 sft Dial 8880 777 111
3BHK 1571 sft Dial 8880 777 111
3BHK with Maids room 1745 -1750 sft Dial 8880 777 111
Prestige Lake Ridge Amenities:
- 2Party Halls
- Swimming Pool
- Spa & Health Club
- Tennis Courts,
- Basket Ball Court
- Indoor Squash Court
- Indoor Badminton Court
- Indoor Board games
- Reading room
- Space for Creche
- Space for convenience store
- Mini theatre
- Cards room and Open Terrace Party Area.
Prestige Lake Ridge NearbyNearest Educational Institutions :
- RNS IT
- Yellamma Dasappa College of Engineering
- RV Engineering
- PESIT and nearest Schools are Delhi Pubic
- Kumaran school
- Bangalore International school.
Nearest Hospital: Dayanand Sagar hospital, BGS Hospital & DG Hospital.
Project Commencement Date: September, 2016.
Project Completion Date: 42 months from the Commencement.
Booking Amount: 1 BHK -2 Lakhs, 2BHK-3 Lakhs, 2.5 BHK- 4 Lakhs and 3BHK - 5 lakhs.
1. Where and what is Prestige Lake Ridge?
Prestige Lake Ridge is located in Yadalam Nagar, Uttarahalli, Bengaluru. This is a premium residential development set
in over 15.37 acres of land. It consists of 1119 apartments spread across 12 towers having 18 & 19 floors.
2. How far is the location from M.G Road?
It is about 15 kms from MG Road and 3.6 kms from Konankunte Cross off Kanakapura main Road.
3. Who are the Architects/Master Planners of Prestige Lake Ridge?
Venkataramanan Associates are the key designers for Prestige Lake Ridge.
4. What are the different types and sizes of apartments?
Type A B C D E F G H J
BEDROOM 1BR 2BR 2BR 2BR 2.5BR 2.5BR 2.5BR 3BR 3BR
Area(sft) 661 1137 1137 1159 1345 1358 1367 1571 1571
Type K L
BEDROOM 3BR 3BR
Area(sft) 1745 1750
5. Is there a club house and what are the facilities provided?
Prestige Lake Ridge has an elaborate Clubhouse located near the entrance of the property, with Indoor Badminton
Court, Squash Court, Gymnasium, Swimming Pool, Childrens Pool, 2 Party Halls, Mini Theatre, Table Tennis, Spa/
Health Club, Yoga and Aerobics, Indoor Games, Children’s Play area, Billiards room, Cards room, Open Terrace Party
area, Reading room, Laundrette and spaces for ATM, Convenience store and Creche.
6. Is this a phased development and what are the time lines for completion?
The entire development will be taken up in one phase and is expected to be ready for possession March-2020 onwards.
7. Is there any differential price based on the floor and orientation of the apartments?
Yes, there is a differential pricing for apartments. For every floor rise there is an increase of Rs.15/- per sft and PLC will
be additional at Rs.75/ per sft.
8. How do I book my home at Prestige Lake Ridge?
• Please identify your Apartment from available options.
• Fill in the booking application form.
• Pay the initial booking amount by way of cheque/DD favouring ‘’ PRESTIGE ESTATES PROJECTS LIMITED ’’
• Pay the balance of 20% of the sale value by way of a PDC dated within 30 days from the date of booking.
along with required supporting documents.
9. What happens thereafter?
On realization of the initial payment of 20% of the Sale value + Tax you will be required to issue post-dated cheques
(PDCs) for the future instalments within 15 days, against which a formal letter of allotment will be issued. Agreements
will follow after completion of allotment process.
10. When do I get a confirmed allotment?
On payment of 20% of the sale value + tax and submission of post-dated cheques for the remaining amount, the
allotment will be confirmed.
11. Can I make 100% down payment?
Yes. This offer is applicable for a limited period only. Please check with our Sales Team for more details.
12. How are instalments to be paid and is it time bound?
Instalments are to be paid by way of post-dated cheques which is a pre-condition of the allotment. This schedule of
payment is on a time bound basis as mentioned in the payment schedule.
13. What happens if I cancel my booking?
Why would you want to miss out on such a strategically located and meticulously designed project? However, if
you do wish to cancel after booking, 2% of the sale value will be forfeited as cancellation fees if you cancel before
the Agreements are executed and 15% of the sale value will be forfeited as cancellation fees if you cancel the after
Agreements are executed, and the balance will be returned (subject to statutory deductions if any) without interest.
14. When does the development start and when can I expect to move into my new home?
Construction will commence by Sep 2016 tentatively and your new home will welcome you March 2020 onwards.
15. Are modifications permitted in the apartment?
The specifications and designs have been carefully worked out. Considering the number of apartments and the delivery
date, customization will not be possible in the collective interest of the purchasers.
16. What about car parking spaces?
We can provide one car parking space for every apartment. Additional car parking requests will be taken up towards
project completion, subject to availability.
17. Is the title of the property clear?
Of course! Legal due diligence has been done by M/S.Kusuma Advocates. The land is freehold, marketable and free
from all encumbrances.
18. Has BBMP sanctioned the plans?
Yes, the development plans have been submitted for BBMP approval.
19. What are the Agreements that need to be signed?
The Agreements that need to be signed are Agreement to Sell & Agreement to Construct, followed by a Sale Deed
upon completion of the development.
20. What is the process of registration and when does registration take place?
Registration will be done only on completion of the development and on payment of the entire sale consideration
including taxes and additional charges. Registration will be facilitated by us through an advocate appointed by Prestige.
TO KNOW MORE INFO :
Visit Our Website : http://www.propreview.in/bangalore/prestige-lake-ridge/
Call Us On , 8880 777 111