Prestige Bougainvillea II

Default_BangalorePrestige Bougainvillea Phase – II, an upcoming project from prestige constructions in . Project is coming up in a well established residential area, close to shopping malls and all major parts of the city. Whitefield is famous for its IT Companies located in it and also commercial and residential development.

Prestige Bougainvillea II – Amenities

  • World Class Amenities.

Prestige Bougainvillea II – Location Map


View Larger Map

Prestige Bougainvillea II – Price, Options and Possession

  • Rate per Sq Ft  – NA
  • BHK Options – NA
  • Size – NA
  • Possession : NA

Prestige Bougainvillea II – Project Area, Open Space and Key Highlights

  • Project Total Area – NA.
  • Total Units – NA.
  • Total Open Space – NA.

Prestige Bougainvillea II – Project Specification

  • High End Specification…

Prestige Bougainvillea II – Master Plan

coming soon

Prestige Bougainvillea II – Sq.ft Size, Total Cost and Booking Amount

contact us

Prestige Bougainvillea II – Accessibility and Key Distances

  • Location – Whitefield, Bangalore
  • Distance from MG Road – 18.7 kms.
  • Distance from Railway Station – 24.5.
  • Distance from Airport – 47 kms.
  • Nearest Metro station – 12.4 kms(Baiyappanahalli)
  • Nearest Ring Road – 9 kms(KR Puram/Outer Ring Rd)

Prestige Bougainvillea II – Floor Plan

coming soon

Prestige Bougainvillea II – Neighborhood

Nearby Schools:

  • The Deen’s Academy School – 500 mts
  • The Bangalore School – 600 mts
  • VIVERO International Pre-school – Whitefield – 700 mts
  • The Foundation School – 450 mts
  • St Thomas School – 600 mts
  • Chrysalis Kids – 850 mts
  • Ryan International School – 2.1 kms
  • LITTLE ELLY PRESCHOOL – WHITEFIELD – 650 mts
  • LITTLE ELLY PRESCHOOL – WHITEFIELD – 700 mts
  • Many more…

Nearby Hospitals:

  • Sri Sathya Sai Institute Of Higher Medical Sciences – 850 mts
  • Mayo Heart Hospital – 66 mts
  • Sathya Sai Baba General Hospital – 950 mts
  • Vydehi Hospital – 1.5 km
  • Shri Satya Sai Super Speciality Hospital – 1.7 kms
  • Pushpa Nursing Home – 850 mts
  • Dr.Munisingh Clinic – 1.1 kms
  • Narayana MultiSpeciality Hospital – 2.2 kms
  • Sankara Eye Hospital – 3.6 kms
  • Many more…

Nearby Workplaces:

  • SRA India – 850 mts
  • Software IP Companies – 850 mts
  • Tulip It Services Limited – 900 mts
  • Tulip Telecom Ltd – 1.4 kms
  • SAP Labs India Private Limited – 3 kms
  • Geneva Software Technologies Limited – 1.9 kms
  • Quality Engg & Software Technology Private Limited – 1.9 kms
  • Symphony Teleca – 1.9 kms
  • Infinite Computer Solutions – 2.9 kms
  • Many more…

Nearby Shopping Malls, Banks and Restaurants: All within 1 kms

Prestige Bougainvillea II – Surrounding Developments

Efficient connectivity and well-developed social infrastructure have led to this belt turning self-sufficient. Whitefield features high on occupiers’ lists With commercial development on a continuing upswing, a good range of home options, and well-developed social infrastructure.

From being a location classified under Bangalore Rural to becoming the centre of IT and a vibrant residential market, Whitefield has emerged as a coveted premium destination. Its strategic location, variety of residential options, and mature social and civic infrastructure, has led to increasing demand for homes.

Demand for IT space:

Bangalore’s growth story is synonymous with the emergence of the IT hub in Whitefield in the late 1990s. The initial impetus was provided with the formation of the Export Promotion Industrial Park (EPIP). Further, development of the International Technology Park, Bangalore (ITPB) catalyzed IT development in this micro-market. Connectivity was one of the key factors that led to Whitefield developing as an IT hub. Good civic infrastructure provided a link to important commercial centers as well as to upcoming areas in the vicinity. Several of these areas have now developed into micro-markets in their own right, with Whitefield emerging as the nodal hub.

The ITPB set up in Whitefield in 1998 was the first office space of Grade A quality in the sub-market. Thereafter, a number of good quality office buildings became operational, especially from 2005 onwards. Due to availability of ample good quality office space at relatively lower rentals, companies preferred to set up base in this location. As a result, the social infrastructure also developed simultaneously and the residential segment took off from 2005 onwards and gathered even more pace since 2009.

Whitefield with approximately 30 percent (29 million sqft) of the city’s non-captive operational office space features high on occupiers’ charts. Under-construction non-captive office space is around 1.67 million sqft while captive office space is around 4.10 million sqft. Planned non-captive office space is around 20.63 million sqft while captive space is around 3.60 million sqft.

Continued demand for office space in Whitefield and substantial under-construction office stock indicates that there will be more companies setting up offices in this belt. In the wake of this, the residential demand will also be augmented by the employees of these firms who will prefer residing in the vicinity, considering the presence of a well-developed social and road infrastructure.

Connectivity driving growth:

Connectivity has played a significant role in the development of this region. Each of the areas in and around Whitefield is served well by road infrastructure which has helped them gain prominence over time.

The Outer Ring Road (ORR) and ITPB Main Road serve Mahadevapura and Doddanekundi. Old Airport-Varthur Road and Whitefield Main Road serve Varthur. The ORR and Old Airport Varthur Road serve Marathahalli. Whitefield Road serves Brookefields and Kundanahalli Gate. Whitefield Main Road serves Kadugodi. ITPL Main Road and Whitefield Road serve Hoodi. All these locations are within 5-6 km radius of the IT/ITeS hub in Whitefield which has acted as a catalyst to their development. The Hoskote belt has also witnessed rapid development as a result of proximity to Whitefield through the upgraded Old Madras Road. Mahadevapura has several prominent real estate projects such as the one million sqft plus retail project which caters to the shopping, leisure and entertainment needs of the residents of Mahadevapura as well as Whitefield.

The upcoming Metro has further increased demand for these areas, especially for residential projects near the Metro stations. The Metro Phase II will have 10 stations in this belt Mahadevapura, Doddanekundi Industrial Area, Vishveshwaraiya Industrial Area, Kundalahalli, Vydhehi Hospital, Sri Sathya Sai Institute of Higher Medical Sciences Hospi tal, ITPB, Kadugodi Industrial Area, Ujwala Vidyalaya and Whitefield.

The planned Phase I of the Peripheral Ring Road (PRR) will connect Whitefield to Yelahanka and Sarjapur, further enhancing the connectivity to rest of the city. All these factors have led to the Whitefield belt being a preferred residential and commercial hub.

Self-sufficient micro-market:

Key locations in this belt are Whitefield, Brookefields, Mahadevapura, ORR (KR Puram to Marathahalli stretch.) and Varthur Road. Whitefield micro-market includes the EPIP Zone and areas enclosed between K R Puram Junction along the ORR to Hope Farm Junction via Hoodi Cirlce; from Hope Farm Junction to Varthur Lake Junction covering Whitefield Road; Varthur Lake Junction to Marathahalli Junction via Kundanahalli Junction, and Kundanahalli Junction to Hoodi Circle covering ITPB Main Road and Whitefield Road leading to Kadugodi. Popular residential neighbourhoods in this region include Mahadevapura, around Kadugodi, Varthur Road and Brookefields, owing to the presence of large self-sustained apartment complexes.

There are several factors that have led to the emergence of Whitefield as a self-sufficient neighborhood. These factors include the presence of a strong talent pool, availability of land parcels, constructed commercial spaces, signal-free ORR facilitating easy connectivity and mature social infrastructure. “Adjoining neighbourhoods such as Old Madras Road, Varthur Road and Whitefield Road are witnessing increased developer interest to accommodate the substantially large working population of Whitefield, the Outer Ring Road (ORR) and the international airport belt.“ Varthur gained prominence when the residential property demand in Whitefield led developers to look for land in the neighbourhood at relatively lower rates.

Efficient connectivity with the commercial hubs in Whitefield has pushed the development of residential property markets in the east and south.

Prestige Bougainvillea II – Buyer’s and Investment Advantages

  • Located in a well-established residential area
  • Close to schools, shopping malls & hospitals
  • Proximity to Metro stations

Prestige Bougainvillea II – FAQ’s

Where is Prestige Bougainvillea II?

Prestige Bougainvillea  II is located at Dodsworth Layout, Whitefield. These are 22 High End Premium villas spread over approximately 3.5 acres of land. Platinum has 18 premium villas spread over 3 acres & Indulge has 4 exclusive premium villas spread over half an acre of land.

What are the different types of Villas and what are their sizes?
Sl. No. Type Area in (Sqft)
1 Villa A 5,925
2 Villa B 4,390
3 Villa C 5,685

 

Who are the Architects of Prestige Bougainvillea – Indulge?

The Thomas Associates Architects are the key designers for Prestige Bougainvillea – Platinum & Indulge.

What is the distance from M.G. Road?

It is about 18 kms from MG Road.

What is the timeline for completion?

The project is expected to be ready for possession by March 2018 (+6 months of grace period).

Is there a Clubhouse, if yes, what are the facilities?

Yes, there is a Clubhouse that is fully equipped with an Aerobics & Yoga room, Billiards, Cards Room, Gymnasium, Men & Women Spa, Steam & Sauna, Mini Theatre Multi-Purpose Hall, Party Hall and Terrace Swimming Pool with Deck & Lounge.

When does the development start and when can I expect to move into my new home?

Construction will commence by March 2015 and your new home will welcome you by March 2018 (+ 6 months of grace period).

Are modifications permitted in the Villa?

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.

Is the title of the property clear?

Of course! You are dealing with Prestige. The land is freehold, marketable and free from all encumbrances.

Has BBMP sanctioned the plans?

Yes, Project is approved by BBMP.

What if Prestige delays the construction and possession?

Our endeavour is to complete & hand over the project as per committed time lines. However for reasons beyond our control if the project is still delayed, Prestige will pay 9% per annum on the amount collected which will be clearly mentioned in the agreement.

How do I book my home at Prestige Bougainvillea–Platinum & Indulge?
  • Identify your Apartment.
  • Fill the booking application form and submit along with supporting documents..
  • Pay by cheque/DD.Cheque’s/DD’s should be favouring ‘Prestige Estates Projects Limited’.
  • The Booking Amount is 20% of sale value including car park.

 

What happens thereafter?

You will be required to issue post-dated cheques (PDC’S) for the remaining amount within 30 days against which, a formal letter of allotment will be issued. Agreements will follow after completion of the allotment process.

When do I get a confirmed allotment?

On payment of 20% of the sale value and submission of post-dated cheques for the remaining amount, the allotment will be confirmed.

Can I make 100% down payment?

Yes. This offer is applicable for a limited period only. Please check with the sales team for more details.

How are instalments to be paid and is it time bound?

Instalments are to be paid by way of post-dated cheques which are a pre-condition of the allotment. This schedule of payment is not linked to the progress of the construction but on a time bound basis as mentioned in the payment schedule.

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, 1% of the sale value will be forfeited before allotment letter and 15% of the sale value will be forfeited after allotment letter as cancellation fee and the balance will be returned (subject to statutory deductions if any) without interest.

What are the agreements that need to be signed?

The agreements that need to be signed are Agreement to Sell and Agreement to Construct, followed by a Sale Deed.

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 the additional charges. Registration will be facilitated by us through an advocate appointed by Prestige.

What is the process of assignment?

Assignment can be done only after the Agreements have been signed, PDCs given and the new party complying with the terms and conditions of the principal agreement. Transfer fee as applicable will be required to be paid. If you have availed a loan then you have to also retrieve and hand over to Prestige all letters and documents issued by Prestige to the bank / housing finance institution. Requests for assignments will be accepted only after 20% of the sale value and 3 instalment payments are paid as per the payment schedule.

What if Prestige delays the construction and possession?

Our endeavour is to complete & hand over the project as per committed time lines. However for reasons beyond our control if the project is still delayed, Prestige will pay 9% per annum on the amount collected which will be clearly mentioned in the agreement.

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.

Has Prestige Bougainvillea – Platinum & Indulge been approved by banks/Housing finance institutions (HFIs) for loans?

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

What is my responsibility for disbursement of instalments through HFIs?

If you have availed loan, it is your 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.Post-dated cheques (PDC’s) handed over for the instalments will be returned on receipt of the payment from the HFI.

Who will take care of the maintenance of Prestige Bougainvillea–Indulge?

The maintenance will be taken care of by Prestige Property Management & Services. You can be rest assured Prestige Bougainvillea – Indulge will be cared for by professionals.

What is the scheme for maintenance?

The scheme for maintenance is as under:

  • A sum of Rs.45/- per sqft. will be charged as the advance maintenance fee for the first year and will be collected at the time of closing of your account. From the second year onwards, maintenance charges will be levied as decided by the Association/Prestige Property Management & Services. All future payments are to be made favouring the property management company.
  • An additional sum of Rs.45/- per sqft. corresponding to the super built area will be collected as sinking fund. This amount will be deposited in an Escrow account and the accruals will be used for major expenditure. Amount will be eventually transferred to the owners association when formed.

Prestige Bougainvillea II – About Builder

Prestige Estates Projects Ltd. is a property development and the flagship company of Prestige Group in South India. It was founded by Razack Sattar in 1986, who envisioned a success story waiting to take shape in the Retail Business in 1956 itself. Since its formation in 1986, Prestige Estates Projects has grown swiftly to become one of South India’s leading Property Developers, helping shape the skyline across the Residential, Commercial, Retail, Leisure & Hospitality sectors.

Prestige has developed several residential colonies and commercial spaces in Bangalore, Chennai, Mangalore, Mysore, Hyderabad and Kochi, few among them are Prestige Shantiniketan, Prestige Golfshire, Prestige Acropolis, The Forum, The Forum Value, The Forum Vijaya and many others. Prestige Court on K.H. Road in Bangalore set the pace for the Group’s rapid growth which now stands at over 169 Completed Projects spanning a total developed area of over 51.37 million sqft. It also has another 65 ongoing projects comprising around 56.94 million sqft & 28 upcoming projects totalling 31.15 million sqft., which include Apartment Enclaves, Shopping Malls and Corporate Structures, spread across all asset classes.

Prestige Group has several national and international awards in various categories:

  • National Award for Marketing Excellence :
    • Best In-House Magazine – Falcon News
    • Award for Content Marketing
    • Marketing Campaign of the Year 2016
  • Dun & Bradstreet (Corporate Award)
  • FIABCI World Prix D Excellence Awards
  • Best Shopping Center – South Forum
  • Asia Pacific Property Awards

FREQUENT KEYWORDS & SEARCH TAGS LEADING TO THIS WEB PAGE

Prestige Pre launch Bangalore, Prestige Upcoming Project, New launch Projects in Bangalore by Prestige Group, Prestige Group, Prestige Bougainvillea II, Prestige Bougainvillea II Review, Prestige Bougainvillea II Price, Prestige Bougainvillea II Address, Prestige Bougainvillea II Bangalore , Prestige Bougainvillea II Floor Plan, Prestige Bougainvillea II Location

Reader’s Please share your opinion about this project.

Connect Me to Builder with Best Offers

captcha

2 Comments added. Join the Discussion

Add your Comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>