- Prestige Boulevard by Prestige Group is a luxury project which is being developed on a 2.54 acre land parcel located on ECC Road, Whitefield.
- The locality is well developed and boasts good social infrastructure as well as being in close proximity to several business parks such as ITPL, Sigma Tech Park, Brigade Tech Park etc.
- The project will consist of 9 residential low rise towers of Stilt+4 floors in height, consisting of 144 units in total.
- The project will offer 2 and 3 BHK units ranging from 1047- 1064 Sqft for 2 BHKS and 1584-1640 Sqft for 3 BHKs.
Approval Status: All approvals in place
- The subject property is being developed on a contiguous land 2.54 acre land parcel, having frontage on the ECC Road.
- The land parcel is a quite narrow, which has resulted in the residential development being constructed in the form of 9 low rise towers aligned one after the other from North to South.
- Majority of the land parcel has been taken up by the residential development, resulting in minimal open space in the project. The compact placement of units has also resulted in units having a common wall between them- restricting the privacy and exclusivity for residents.
- All units are open from at least one side, either the East or West- providing residents with ample sunlight. Units facing West will have an open view of the vacant patch of green land, however, future developments can be anticipated on the vacant land parcel. Units facing East will be blocked by the Citilights Rustique project located to the immediate East of the project.
- The club house will be located at the centre of the project, making it accessible to residents of all towers. Given the space constraint within the project, the developer will be providing most amenities within the club house itself, and will have to compromise on outdoor amenities- a factor potential buyers must take into consideration given the premium charged by the developer.
- The Prestige Bougainvillea Road, an internal road branching from the ECC Road and constructed by the developer, will act as the main access road of the project. The entry and exit gates are located centrally, in front of the club house, making the gate easily accessible even to residents of towers located at the extreme ends of the project.
- The driveway inside the complex appears to be slightly narrow and vehicles might have a problem making a U-turn, which may prove to be troublesome considering there is a single point of entry and exit to the project.
- Overall, the project has a very simplistic layout and limited open space and external amenities unlike other projects undertaken by the developer. This can primarily be attributed to the space constraint the developer had to work in given the small land parcel.
Childrens Play Area, Club house with Swimming Pool, Party Lounge, Gymnasium, Aerobics & Yoga Room, Spa, Pool Table, Cards room, Table Tennis, Multipurpose Hall, Clinic.
Special Attractions of the Project (USP):
- The property is being developed in a fully developed locality of Whitefield with several business parks in close proximity, as well as having good quality social infrastructure.
- The project itself is by a reputed developer, having a good track record in terms of delivery schedule and construction quality.
- Prestige Boulevard is a relatively small project as it will host only 144 residential units, ensuring a calm and exclusive society as well as making it easier to maintain. The project has also drawn influence from Georgian and Victorian architecture, which will make it aesthetically stand out.
Rs. 5350/- Sft + floor rise, car parking and additional charges : Tower 6,7.8 & 9.
Rs. 5450/- Sft + floor rise, car parking and additional charges : Tower 1,2 & 3.
Rs. 5750/- Sft + floor rise, car parking and additional charges : Tower 4 & 5.
The payment plan is as follows:
Booking Amount- 2 BHK: INR 300,000 ; 3 BHK: INR 500,000
Balance 20% within 30 days of Booking
Balance 80% is to be paid in 18 instalments commencing from June 2016, and with an interval of 2 months.
Car Parking- INR 400,000
Floor Rise- INR 25 / Sq.Ft from 1st floor onward
Preferred location charges - INR 100 / Sq.Ft.
BESCOM & BWSSB charges- INR 130 / Sq.Ft.
Generator Charges- INR 75,000
Khata and Assessment Charges- INR 25,000
Advance Maintenance Charges- INR 50 / Sq.Ft.
Sinking Fund - INR 50 / Sq.Ft.
VAT, Service tax, Registration charges and any other statutory charges and duties as applicable.