Prestige Garden Bay

prestige garden bay

Prestige Garden Bay is an upcoming residential project by Prestige group located at Yelahanka off Doddaballapur Road, Bangalore. The luxury residential project spans over a total area of 6.2 acres and offering 3 and 4 BHK single and duplex type apartments. The Prestige Garden Bay compromises 184 homes spread across 8 blocks with luxurious amenities.

The locale where the Prestige Garden Bay residential venture is located proves to be a promising area to invest in as it is rapid developing with expansions being made in both IT and non IT zones. Prestige Garden Bay Bangalore has connectivity to all major part of Bangalore. Yelahanka is residence to several educational organizations. Hospitals in the area include Government Hospital, CRPF Hospital, R Speciality Hospital, Lakshmi Hospital and Prasad Hospital. There are number of shopping complexes in Yelahanka like Kurlappa Shopping Complex at State Highway 104 and New Town Shopping Complex near Yelahanka road. Yelahanka Real Estate is witnessing high activity in residential sector. Those looking to buy residential properties in Yelahanka will find abundance of options in property for sale.

Prestige Garden Bay Yelahanka plans to offer a world class luxury living lifestyle and therefore along with well-planned and spacious apartments, it will also offer a lot of amenities within the residential venture; some of which include a gymnasium, swimming pool, table tennis room, indoor games, tennis court, squash court, mini theatre, billiards room, badminton court, rainwater harvesting facility, sewerage treatment plant, club house, children’s play area and intercom facility.

Prestige Garden Bay – Amenities

  • Gymnasium
  • Health Club
  • Party Hall
  • Yoga Room / Aerobics Room
  • Pool Table
  • Provision for Convenience store
  • Indoor Badminton court / Squash Court
  • Tennis Court and half basket ball court
  • Swimming Pool
  • Outdoor Jacuzzi
  • Children’s Play area.

Prestige Garden Bay – Location Map

Prestige Garden Bay Location Map

Prestige Garden Bay – Price, Options and Possession

  • Rate per Sq Ft – 4750 Rs. Booking amount – 3 Lakhs
  • BHK Options – 3 BHK and 4 BHK
  • Size – 2159 Sq Ft to 3978 Sq Ft
  • Possession : January 2015

Prestige Garden Bay – Project Area, Open Space and Key Highlights

  • Project Total Area – 6.2 acres
  • Total Units – 184
  • Total Open Space – 50%

Prestige Garden Bay – Project Specification

Structure

  • RCC Framed Structure
  • Cement Blocks for all Walls

Flooring

  • All Bedrooms in Laminated Wood
  • Italian Marble in the Foyer, Living Area, Dining Area, Corridor, Internal Staircase and Family Balconies
  • Anti-skid Ceramic Tiles in Balconies

Kitchen

  • Vitrified Flooring
  • Ceramic Tile Dado for 2 feet over a Granite Counter
  • Double Bowl Single Drain Steel Sink with Single Lever Tap
  • Ceramic Tile Flooring and Ceramic Dadoing in the Utility
  • Ceramic Tile Flooring and Dado for the Maid’s Room and Toilet

Toilets

  • Master Toilet:
  • Flooring and Dado in Italian Marble
  • European Water Closet
  • Italian Marble Vanity with Wash Basin and CP Mixer Taps
  • Bath Tub complete with Mixer and Hand Shower
  • Other Toilets:
  • Anti-skid Ceramic Tiles for flooring
  • Ceramic Tile Dado on Walls
  • Granite Counter with Wash Basin
  • Shower Partitions
  • European Water Closets and Chrome Plated Fittings

Internal Doors

  • Main Door – 8 Feet High Solid Timber Door with Architrave
  • Other Internal Doors – 7 Feet High with Wooden Frames and Flush Shutters

External Doors and Windows

  • UPVC / Aluminium Frames and Partially Glazed Shutters for all External Doors
  • UPVC / Aluminium Frames and Shutters for Windows with Clear Glass
  • Mosquito Mesh Shutters and Grills

Painting

  • Cement Paint on External Walls
  • Emulsion Paint on Internal Walls and Ceilings

Electrical

  • All Electrical Wiring is Concealed with PVC Insulated Copper Wires and Modular Switches
  • Sufficient Power Outlets and Light Points Provided
  • 12 KVA Power for the Duplex Apartment
  • 8 KVA Power for the Single Level Apartment
  • TV and Telephone Points provided in the Living Area, Family Area and all Bedrooms
  • ELCB and Individual Meters will be provided for all units

DG Power

  • Generator will be provided for all Common Services

Security System and Additional Amenities

  • Video Door Phone
  • Intercom from Security to Each Unit
  • Sewage Treatment Plant
  • Rainwater Harvesting

Prestige Garden Bay – Master Plan

prestige garden bay master plan

Prestige Garden Bay – Sq.ft Size, Total Cost and Booking Amount

Unit Type Size (Sqft) Price Booking Amount
3BHK+3T 2159 Sqft 102.55 Lacs Contact us
4BHK+4t(Duplex) 3978 Sqft 188.95 Lacs Contact us

Prestige Garden Bay – Accessibility and Key Distances

  • Location – Off Doddaballappur, Yelahanka, Bangalore
  • Distance from MG Road – 18 Kms
  • Distance from Railway Station – 22 Kms
  • Distance from Airport – 15 Kms
  • Nearest Metro Station – 10 Kms (hebbal)
  • Nearest Ring Road – Peri – Pheral Ring Road

Prestige Garden Bay – Floor Plan

Prestige Garden Bay Floor Plan Prestige Garden Bay Floor Plan1 Prestige Garden Bay Floor Plan2 Prestige Garden Bay Floor Plan3

 Prestige Garden Bay – Buyer’s and Investment Advantages

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

Prestige Garden Bay – FAQ’s

 

Where and what is Prestige Garden Bay?

Prestige Garden Bay is located in Yelahanka, off Doddaballapur Road, Bangalore behind CRPF. This is a Residential Development spread over approximately 6.2 acres of land with 8 Residential Towers. There are 184 Apartments in all with an Independent Clubhouse.

What is the distance from M.G Road?

The distance from M. G. Road is 19 Kms.

What are the different types and sizes of apartments?

There are two types of apartments – 3 & 4 Bedrooms. The 4 Bed units are Duplex, and are located on levels 1 & 2. The 3 Bedroom apartment units are single level ones & are located from level 3 to level 5…

Prestige Garden Bay

Types Bedrooms Area in Sqft
A 4 3978
B 3 2159
Is there a Club house and what are the facilities?

Prestige Garden Bay has a spacious & well equipped Clubhouse. It has a host of facilities including a Gym, Outdoor (Roof top) Party Hall, Theatrette, Space for Toddlers, a Crèche, a Lawn Tennis Court, an Indoor Squash & Badminton Court, Half Basketball Court, a Swimming Pool, Health Club, Billiards Table, Table-Tennis and an exclusive Children’s Play Area. It also includes space for a Departmental Store.

All owners get complimentary membership, however usage fee will be applicable!

How do I book my home at Prestige Garden Bay?

Booking your home at Prestige Garden Bay is a simple three step process…

  • Identify the unit you want
  • Fill the Booking Application Form
  • Pay the Booking Amount by Cheque/DD

The booking amount is:

  • 3 BHK – `5,00,000/-
  • 4 BHK – `7,50,000/-

 

What happens thereafter?

You will be required to pay the balance of 15% of the sale value and provide post dated cheques (PDCs) for the remaining amount within 30 days against which a formal letter of allotment will be issued. Agreements will follow in 60 days after completion of the allotment process.

Can I make 100% down payment?

Yes! Please check with the Prestige Marketing Team for the details.

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. The schedule of payment is mentioned in the cost sheet. The payment is on a time bound basis as mentioned in the payment schedule. If cheques are dishonoured the booking stands cancelled.

Will there be a validity period for the Price List?

Prices are subject to change from time to time.

What happens if I cancel my booking?

Why would you want to miss out on such an unprecedented product offering? However, if you do wish to cancel after booking, 1% of the sale value will be forfeited as cancellation fee and the balance will be returned without interest.

Has Garden Bay been approved by Banks/Housing Finance Institutions (HFIs) for loans?

Yes. Leading Banks/Housing Finance Institutions (HFIs) have approved the development and will extend loans to customers based on their specified criteria.

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

Marketing will commence from 20th April 2012. Construction will commence by July 2012 and your new home will welcome you by December 2014.

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.

What about car parking space?

We can provide one car parking space for every apartment. Additional car parking requests will be taken up towards project completion.

Is the title of the property clear?

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

Under which authority does Prestige Garden Bay come?

The development plan has been sanctioned by BIAAPA.

What are the agreements that need to be signed?

The following agreements need to be signed:
Agreement to Sell and Agreement to Build, followed with a Sale Deed.

What is the process of registration and when does registration takes place?

Registration will be done only on completion of the development and on payment of the entire sale consideration including the additional amounts. 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 have been handed over 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 of 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 15% of the sale value and 3 instalment payments are paid as per the payment schedule.

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 charges as applicable.

Has Garden Bay been approved by Banks/Housing Finance Institutions (HFIs) for loans?

Yes. Leading Banks/Housing Finance Institutions (HFIs) have approved the development and will extend loans to customers based on their specified criteria.

What is my responsibility for disbursement of instalments through HFIs?

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 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 Garden Bay?

The maintenance will be taken care of by Prestige Property Management & Services. Now you can be rest assured that Prestige Garden Bay will be cared for by professionals.

What is the scheme for maintenance?

The scheme for maintenance is as under:

A sum of `42/- 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 on a quarterly basis payable in advance. All future payments are to be made favouring the property management company.

An additional sum of `42/- 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.

What happens if I have any more questions/clarifications?

Please email us at: contact@propreview.in

 

Prestige Garden Bay – 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

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4 Comments added. Join the Discussion

    • Hemanth

      Hi,

      Yes, investing in north zone of Bangalore will give you good rate of return in future, because today north Bangalore is considered as a major IT hub and real estate giant. The multidirectional growth of the city has turned as preferred real estate destination for many individuals, especially for Non Resident Indians who are planning to return back to India from abroad

      The potential for appreciation in north Bangalore is comparatively higher than east zone. Due to the rapid development, market trend suggests an appreciation rate of approximately 20- 30%.

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