Prestige Lake Ridge
Projects Details

Type: 1BHK,2BHK,2.5BHK,3BHK
Location:Uttarahalli,Bangalore

Total Appartments: 1119
Area: 15.37 Acres

Size Ranging: 661-1750 sft
Possession: Mar 2020

Prestige Lake Ridge

Prestige Lake Ridge is the brand new creation by the reputed real estate builder Prestige Group. The accomplished architectonics in this project is being done by using the latest technologies and hence, is considered to be the most admirable address offering absolute amusement to each and every resident. The construction of Prestige Lake Ridge Bangalore is widely spread beyond wide 15.37 acres of land having most charming greeneries that is entirely spread all through till your eyes can reach. The project is conveniently located in Yadallam Nagar, Subramanyapura Post, Uttarahalli,Bangalore and enjoys close proximity to all social facilities.

In the fast developing suburb of Subramanyapura, off Kanakapura Road, Prestige brings you contemporary dwellings that resonate perfectly with your needs.1119 intelligently planned and luxuriously laid out high rise homes set in 12 towers of 18 and 19 floors.Presenting a spectrum of sizes and configurations, so that you can choose the home that suits you the most. From One-Bed apartments all the way up to Three Bed homes with a separate Maid’s room. Every home a spacious and airy abode that overflows with natural light and ventilation.Conveniently located to provide you ready access via arterial roads, and within easy reach of well reputed schools, hospitals, shopping areas and entertainment hubs.With extensive open lung spaces, landscaped in the signature Prestige style, that calm the mind and pamper the senses. And a plush, well equipped clubhouse that has plentiful ways to keep your leisure hours meaningfully occupied, including badminton and squash courts, party halls, a billiards and TT room, an aerobics and yoga area, a cards room, indoor games facilities, and a health club. There is also a large swimming pool, a jogging track and a play area for children.Read on and discover a residential community where you ‘feel at home’ in every sense of the phrase.

Prestige Lake Ridge - Yadallam Nagar, Subramanyapura Post, Uttarahalli, Bangalore

  • Distance from MG Road -15Kms
  • Distance from Padmanabha nagar - 3.6Kms
  • Nearest Metro station – 3.5 kms (Metro cash & Carry, Kanakpura road)
  • Nearest Educational Institutions : RNS IT, KSIT, Yellamma Dasappa College of Engineering, RV Engineering, PESIT and nearest Schools are Delhi Pubic, Kumaran school, NPS, Prarthana school, BGS, Bangalore International school.
  • Nearest Hospital: Dayanand Sagar hospital, BGS Hospital & DG Hospital.
  • 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.
  • 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 ’’
  • along with required supporting documents.
  • • Pay the balance of 20% of the sale value by way of a PDC dated within 30 days from the date of booking.
  • 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 afterAgreements 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.
  • 21. What is the process of Assignment?

  • Assignment can be done only after the Agreements have been signed, PDCs given, 5 instalments paid and the new party complies with the terms and conditions of the principal agreement.Transfer fee as applicable will be required to be paid. If you have availed of a loan then you will be required to retrieve and hand over all letters and documents issued by Prestige to the bank / housing finance institution along with their NOC.
  • 22. What if Prestige delays the construction and possession?

  • Our endeavour is to complete and hand over the development as per committed time lines. However if there is a delay, Prestige will pay 9%* per annum on the amount collected which will be clearly brought out in the agreements.(* Conditions apply).
  • 23. What are the additional amounts to be paid?

    BESCOM & BWSSB charges, VAT, Service tax, Sinking fund, Advance maintenance charges, Generator charges, Khata assessment charges, Registration charges and any other statutory charges and duties as applicable.VAT & Service Tax will be applicable on all amounts demanded.

    24. Has Prestige Lake Ridge been approved by banks/Housing finance institutions (HFIs) for loans?

    We will be seeking approvals from all the Leading Banks/HFIs who will extend loans to customers based on their eligibility criteria.

    25. What is my responsibility for disbursement of instalments through HFIs?

  • It is the purchaser’s responsibility to ensure timely disbursement of instalments from HFIs and no demand will be made by us to the HFIs for the same. To facilitate smooth payments, customers are required to issue a consent letter. Postdated cheques (PDCs) handed over for the instalments will be returned on receipt of the payment from the HFI.
  • 26. Who will take care of the maintenance of Prestige Lake Ridge?

  • The maintenance will be taken care of by Prestige Property Management & Services. You can rest assured that Prestige lake ridge will be cared for by professionals.

  • Apartments Details

    Type Built Up Area Rate (Per SQFT) Price Floor Plan
    1BHK 661 sq ft Rs. 0 / per sq. ft. 0 View Plan
    2BHK 1137 sq ft Rs. 0 / per sq. ft. 0 View Plan
    2BHK 1159 sq ft Rs. 0 / per sq. ft. 0 View Plan
    2.5BHK 1345 sq ft Rs. 0 / per sq. ft. 0 View Plan
    2.5BHK 1367 sq ft Rs. 0 / per sq. ft. 0 View Plan
    3BHK 1571 sq ft Rs. 0 / per sq. ft. 0 View Plan
    3BHK 1745 sq ft Rs. 0 / per sq. ft. 0 View Plan
    3BHK 1750 sq ft Rs. 0 / per sq. ft. 0 View Plan

    Note: Above mentioned area is super built-up area. All prices mentioned above are approximate. PLC, Car Parking, Maintenance, Club charges etc. as applicable.


    Amenities

    • 24Hr Backup
    • Basket Ball Court
    • Club House
    • Gymnasium
    • Intercom
    • Play Area
    • Security
    • Tennis Court
    • Badminton Court
    • Broadband Internet
    • Community Hall
    • Health Facilities
    • Library
    • Rain Water Harvesting
    • Swimming Pool
    • Wifi
    • Bank/Atm
    • Cafeteria
    • Garden
    • Indoor Games
    • Maintenance Staff
    • Recreation Facilities
    • Temple

    Yes, I am interested in Prestige Lake Ridge

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