Prestige City

Key Features of the 4BHK Unit:

• Generous Living Space: Expect a thoughtfully laid-out floor plan, typically ranging from 2290 sq. ft. to 3593 sq. ft. (Super Built-up Area). These units are designed to maximize natural light and ventilation, providing a bright and airy ambiance.
• Four Spacious Bedrooms: Each bedroom is designed for comfort and privacy, with ample space for wardrobes and personal amenities. The master bedroom often includes an attached bathroom and a balcony.
• Well-Appointed Bathrooms: Multiple bathrooms (typically 3 or 4) with high-quality chrome-plated fittings, EWCs, and countertop washbasins.
• Modern Kitchen & Utility: A functional kitchen with quality countertops and fittings, along with a dedicated utility area. Some 4BHK layouts may also include a maid’s room, offering added convenience.
• Balconies: Enjoy the outdoors with spacious balconies offering views of the landscaped gardens or the serene surroundings of The Prestige City.
• Premium Finishes: Expect vitrified tiles in the foyer, living, dining, corridors, and bedrooms, with ceramic tiles in balconies and bathrooms.
• Secure Living: Round-the-clock security with intercom facility, and lifts of suitable size and capacity in each tower.

About Prestige City – The Township Advantage:

The Prestige City is a landmark development by Prestige Constructions, known for its commitment to quality and timely delivery. It offers a self-sufficient community with a mix of residential options (apartments, villas, plots) and world-class amenities.

Township Amenities include:

• Fully equipped clubhouse(s)
• Expansive landscaped gardens and open spaces
• Gymnasium and swimming pools (with kids’ pools)
• Recreation rooms and multiple sports courts (badminton, basketball, cricket pitch, tennis)
• Children’s play area
• Party hall and amphitheater
• Jogging and skating tracks
• Library and urban farming initiatives
• Power backup for all units (at additional cost)
• 24/7 security with CCTV surveillance

Location Advantage – Sarjapur Road, Bengaluru:

Sarjapur Road is a highly sought-after location in Bengaluru, offering excellent connectivity and proximity to:

• IT Hubs: Close to major IT corridors and tech parks like RGA Tech Park, Electronic City, and Outer Ring Road.
• Social Infrastructure: Reputable educational institutions, healthcare facilities (like Spandana Hospital), shopping centers, and entertainment zones are all within easy reach.
• Connectivity: Well-connected to other parts of Bengaluru via major roads. Ongoing and planned infrastructure projects like the Namma Metro Phase 2 & 2A and Peripheral Ring Road (PRR) are further enhancing accessibility.

Resale Market Trends in Bengaluru (2025 Outlook):

The Bengaluru real estate market, especially in areas like Sarjapur Road, is experiencing strong demand driven by the robust IT and startup ecosystem, infrastructure upgrades, and a rising preference for larger, well-equipped homes.

• Demand for Larger Units: There’s a noticeable increase in demand for 3BHK and larger configurations, making this 4BHK unit particularly attractive.
• Capital Appreciation: Experts predict a steady appreciation in property prices in Bengaluru, making it a promising long-term investment.
• Gated Communities & Amenities: Properties within integrated townships and gated communities with comprehensive amenities are highly preferred, aligning perfectly with Prestige City’s offerings.
• Sustainability & Smart Homes: Growing interest in eco-friendly and smart home features, which are often incorporated into modern developments like Prestige City.

Resale Process for a 4BHK Unit in Prestige City:

Reselling a property in Prestige City involves a clear legal and administrative process:

1. Documentation: Ensure all original property documents are in order, including the Sale Agreement, Occupancy Certificate (OC), Khata, and any other relevant clearances. Note that possession can sometimes be offered before OC is issued, but the final transfer process often requires it.
2. Due Diligence: The buyer will conduct due diligence on the property, verifying the title, approvals, and any outstanding dues.
3. No Objection Certificate (NOC) from Prestige Group: If the property is still under the builder’s purview (e.g., if it’s a recent possession or if there are any outstanding payments to the builder), an NOC from Prestige Constructions will be required. They will typically process transfers only when all dues are cleared.
4. Home Loan Clearance (if applicable): If you have an existing home loan, you will need to obtain a NOC from your bank/housing finance institution.
5. Sale Agreement: A legally binding Sale Agreement (or Agreement to Sell) will be executed between the seller and the buyer, outlining all terms and conditions of the sale, including the sale price, payment schedule, and possession date.
6. Property Valuation: Get an independent valuation of the property to determine a fair market price. Based on recent transactions in Prestige City, 4BHK units have been observed in the range of ₹3.2 Cr to ₹6.9 Cr, depending on the specific tower, floor, view, and square footage within different Prestige City phases (e.g., Avalon Park, Aspen Greens).
7. Registration of Sale Deed: The final step involves registering the Sale Deed at the local Sub-Registrar’s office, legally transferring ownership to the new buyer. PAN card details are typically required for this.