Prestige Misty Waters

Prestige Misty Waters1

Prestige Misty Waters – is a residential venture introduced by the reputed and giant real estate developer Prestige Builders. Prestige Misty Waters Bangalore comprises of 4 residential towers in G+23 floors. By the time of possession Misty Water can accommodate 558 happy families. This premium high rise residential development in Hebbal offers a choice of 2 BHK, 3 BHK and 4 BHK residential. The unit size of Prestige Misty Waters Flats is ranging between 1133 sq ft to 2419 sq ft. Each dwelling is strategically designed with international design and constructional features.

Prestige Misty Waters is beautifully positioned just off the Outer Ring Road at Hebbal, North Bangalore. Prestige Misty Waters location has an amazing surrounding with abundance of fresh air and also is popular for having lakes. Prestige Misty Waters Hebbal is in very close proximity to the major places of the garden city yet enabling a pollution free life in a calm and serene environment.

Prestige Misty Waters  Hebbal  also has a well established social infrastructure having best international schools, hospitals, banks and ATM, bus stops and recreational parks in its vicinity.  If you are a first time investor, then this residential venture will give you the best with all kinds of facilities at doorsteps and at reasonable rates. Prestige Group is presenting thins project in such a way that all generation can feel the life rather than living and this project is for everyone who likes to lead a luxurious and peace full life with their family.

Prestige Misty Waters Residential Project is already launched project and planned to complete this project by June 2016. This well planned project providing all types of world class facilities such as Security, Lift, Power Backup, Car Parking, Children’s Play Area, Gym, Swimming Pool, 2 Wheeler Parking, Clubhouse, Multipurpose Hall, Basketball Court, Tennis Court and many more helps you to lead a luxurious life.

Prestige Misty Waters – Amenities

  • Party Hall
  • Squash Court
  • Super Market Space
  • Swimming Pool
  • Tennis Court
  • Badminton Court
  • Children’s Play Area
  • Gymnasium
  • Health Club

Prestige Misty Waters – Location Map

Prestige Misty Waters Location Map

Prestige Misty Waters – Price, Options and Possession

  • Rate per Sq Ft & Booking Amount – Contact Us.
  • BHK Options – 2 BHK, 2.5 BHK, 3 BHK and 4 BHK Apartment.
  • Size – 1134 Sq Ft to 2483 Sq Ft.
  • Project Status: Occupancy Certificate Received.

Prestige Misty Waters – Project Area, Open Space and Key Highlights

  • Project Total Area – 5.7 Acres
  • No Of Floor – G23/25.
  • Total Units – 558.
  • Total Open Space – 60%.

Prestige Misty Waters – Project Specification

Structure

  • RCC Framed Structure with RCC Shear Wall
  • Cement Blocks for All Walls

Lobby & staircases

  • All Floor Lobbies with Flooring and Lift Cladding in Granite/Marble
  • All Lobby Walls in Texture Paint and Ceiling in OBD
  • Service Staircase and Service Lobby in Kota with Texture Paint on Walls

Lifts

  • Suitable Size Capacity Passenger and Service Lifts in Every Block

Apartment flooring

  • Imported Marble in the Foyer, Living and Dining Area
  • Wooden Laminated Flooring in all Bedrooms
  • Anti-skid Ceramic Tiles in Balconies

Kitchen

  • Ceramic/Vitrified Tiled Flooring
  • Ceramic Tile Dado for 2 Feet Over a Granite Counter
  • Double Bowl Single Drain Steel Sink with Single Lever Tap

Utility, Maid’s Room And Toilet

  • Ceramic/Vitrified Tiled Flooring and Ceramic Tile Dado for the Utility
  • Ceramic Tiles for the Flooring of the Maid’s Room
  • Ceramic Tile Flooring and Dado for the Maid’s Toilet

Toilets

  • Master Toilets will have Imported Marble on the Floor and Walls up to the False Ceiling
  • Other Toilets will be done with High Quality Ceramic Tiles
  • Granite for the Counters with Counter Top Wash Basins
  • Wall Mounted EWCs
  • Shower Panel in the Master Toilet
  • Glass Partitions in all Toilets with High Quality Chrome Plated Fittings
  • Geysers in all Toilets except the Maid’s Toilet within a Grid False Ceiling

Doors & windows

  • Entrance Door – 8 Feet High Opening with Frame and Shutter in Wood, with Architraves and Polished on Both Sides
  • Internal Doors – 7 Feet Opening with Wooden Frames and Flush Shutters
  • External Doors – UPVC Frames and Shutters
  • Windows – 3 Track UPVC Frames with Clear Glass and provision for Mosquito Mesh Shutters

Painting

  • External Walls with Cement/Texture Paint
  • Internal Walls in Emulsion and Ceilings in OBD
  • All MS Railings in Enamel Panel

Electrical

  • All Electrical Wiring is concealed with PVC Insulated Copper Wires with Modular Switches
  • Sufficient Power Outlets and Light Points will be provided
  • 4 KVA Power will be provided for 2 & 2.5 BR Units
  • 6.5 KVA Power will be provided for 3 BR Units
  • 8 KVA Power will be provided for 4 BR Units
  • Cable TV and Telephone Points provided in the Living and all Bedrooms
  • Internet Point will be provided in the Study Area
  • Provision for Installation of Spilt AC in the Living Room and all Bedrooms

Security System

  • Security Cabins at all Entrances and Exits with Peripheral CCTV Coverage
  • Door Video Phone and Intercom Facility

DG Power

  • Generator will be provided for all Common Services

Additional Cost

  • 100% Back Up for all Apartments

Prestige Misty Waters – Master Plan

prestige misty waters master plan

Prestige Misty Waters – Sq.ft Size, Total Cost and Booking Amount

Unit Type Size (Sqft) Price Booking Amount
2 BHK – Tower1 1138 Sqft 73.97 Lacs 15,39,400
2.5 BHK – Tower3 1333 Sqft 89.84 Lacs 18,56,884
2.5 BHK – Tower3 1299 Sqft 84.44 Lacs 17,48,700
3 BHK – Tower4 1991 Sqft 139.37 Lacs 28,47,400
4 BHK – Tower1 2392 Sqft 155.48 Lacs 31,69,600
4 BHK – Tower4 2476 Sqft 173.32 Lacs 35,26,400
4 BHK – Tower4 2483 Sqft 173.81 Lacs 35,36,200

Prestige Misty Waters – Accessibility and Key Distances

  • Location – Off Outer Ring Road, Hebbal, Bangalore
  • Distance from MG Road – 11.8 Kms
  • Distance from Railway Station – 11.3 Kms
  • Distance from Airport – 27.6 Kms
  • Nearest Metro station – 10 Kms(Yeshwantpur Metro Station)
  • Nearest Ring Road – 2.5 Kms(Hebbal/ORR)

Prestige Misty Waters – Floor Plan

prestige misty waters unit plan1

prestige misty waters unit plan2

Prestige Misty Waters – Neighborhood

  • Nearby Schools – Within 2 km(Acharya Institute Of Health Sciences, HKBK College of Engineering, Atria Institute of Technology and many more)
  • Nearby Hospitals – Within 2 km(Columbia Asia Hospital, Bangalore Baptist Hospital, MS Ramaiah Memorial Hospital and many more)
  • Nearby Workplaces – Within 3 km(Manayata Tech Park and many more)
  • Nearby Shopping Malls, Banks and Restaurants – All within 1 km.

Prestige Misty Waters – FAQ’s

Where is Prestige Misty Waters located?

Prestige Misty Waters is located near Hebbal, Off the Outer Ring Road. This Development is spread over 5.7 acres of land with 4 Residential Towers with Double Basements + Ground – 23/25 Floors and a Clubhouse Deck. There are 558 Apartments in all.

What are the different types and sizes of apartments?

There are Apartments to fit every family size and budget – 2, 2.5, 3 & 4 Bedroom Apartments make up Prestige Misty Waters:

Sl. No. Bedrooms Area in (Sqft) Tower
A 2 1134 2 & 3
B 2 1138 2 & 3
C 2 1140 2 & 3
D 2 1141 2 & 3
E 2.5 1294 2 & 3
F 2.5 1299 2 & 3
G 2.5 1333 2 & 3
H 2.5 1349 2 & 3
J 3 1987 1 & 4
K 3 1991 1 & 4
L 4 2375 1
M 4 2392 1
N 4 2483 4
P 4 2476 4
Is there differential pricing based on the floors or orientation of apartments?

Yes! There is a differential pricing for apartments. For every level, there is a premium of Rs. 20/- per sqft.

What are the Amenities?

Prestige Misty Waters comes with a Clubhouse that is fully equipped with a Gymnasium, Swimming Pool, Party Hall, Billiards Table, Tennis Court, Squash Court, Badminton Court, Health Cub, Table Tennis, and Board Games. All owners get Complimentary Membership to the Clubhouse; however a Usage Fee will be applicable.

How do I book my Home at Prestige Misty Waters?

Identify your Apartment

Fill the Booking Application Form

Pay by Cheque/DD favouring “Prestige South City Holdings”

The Booking Amount is:

2 Bedroom – Rs. 3,00,000/-

2.5 Bedroom – Rs. 4,00,000/-

3 Bedroom – Rs. 5,00,000/-

4 Bedroom – Rs. 7,50,000/-

What happens thereafter?

You will be required to pay the balance towards 20% of the Sale Value and issue Post Dated Cheques (PDCs) for the remaining amount within 15 days against which a formal letter of allotment will be issued. Agreements will follow in 30-40 days of allotment.

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 a 100% down payment?

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

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

Installments are to be paid by way of Post Dated Cheques which is a pre-condition of the allotment. This schedule of payment is mentioned in the Cost Sheet. The payment is not linked to the progress of construction but is to be made on a time bound basis as mentioned in the payment schedule, since the delivery date has already been established

Will there be a validity to the Price List?

The prices are subject to change from time to time, subject to the discretion of the Management.

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 agreements are executed and 15% of the Sale Value will be forfeited post agreements as Cancellation Fee and the balance will be returned without interest, only upon resale of the unit.

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

Construction will commence by July 2013 and your new home will welcome you by June 2016.

Am I permitted to shift my booking?

No, you are not permitted to shift your booking either to a different block or to a different project.

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, at an Additional Cost.

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 the plan been approved by Statutory Authorities?

Yes, the Master Plan has been sanctioned by the BDA.

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 at the time of Possession.

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 agrees to comply with the terms and conditions of the principal agreement.
  • The Transfer Fees/Assignment Charges with Service Tax 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 20% of the Sale Value and 3 Installment payments are realized as per the payment schedule.
What are the additional amounts to be paid?

BESCOM & BWSSB Charges, Contribution to the Sinking Fund, Advance Maintenance Charges, Generator Charges, Khata & Assessment Charges, Registration Charges, VAT, Service Tax and any other taxes will be required to be paid as per the prevailing guidelines at the time of possession.

Has Misty Waters been approved by Banks/Housing Finance Institutions(HFIs) for loans?

Yes. Leading HFIs have approved the development and will extend loans to customers based on their specified criteria.

What is my responsibility for disbursement of installments through HFIs?

It is your responsibility to ensure timely disbursement of installments 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 installments will be returned on receipt of the payment from the HFI.

Who will take care of the maintenance of Prestige Misty Waters?

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

What is the scheme for maintenance?

The scheme for maintenance is as under:

A sum of Rs. 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 favoring the Property Management Company.

An additional sum of Rs. 42/- per sqft. 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 is the Main Source of Water?

Water will be obtained through the available ground water & BWSSB supply. Water Recycling Plants, Rain Water Harvesting and other methods for optimum use of water resources are planned.

What happens if I have any more questions/clarifications?

Please email us at: contact@propreview.in

Prestige Misty Waters – Surrounding Developments

The entry of several IT companies and MNCs in the north has led to increased activity in the residential market in the localities around Hebbal.

Hebbal: Hub of integrated development

Key operational commercial options in the commercial real estate segment are two business parks located at the Hebbal-ORR junction. While the first is an integrated development with Special Economic Zone (SEZ) status, the second is a corporate campus comprising mixed-use development. The park has commercial office space, a concentration of biotech industries and a hospital as part of the campus. As for upcoming commercial spaces, an integrated development is under construction at Nagawara, with IT SEZ as well as commercial, retail and residential development. The office precinct will host an IT SEZ on around four million sqft and the planned commercial office space is about 1.10 million sq.ft. Another project with SEZ notification will have just over half a million sqft of commercial office space in the first phase. Over six other IT parks/commercial centers are coming up as part of integrated developments around Hebbal.

Prominent residential localities in the north are Banaswadi, HRBR Layout, Hennur Road, Thanisandra Main Road, Bellary Road, Yelahanka, Kogilu, Chokkanahalli, Bagalur Road, Doddaballapur Road, New Town Yelahanka and Jakkur.

Bellary Road connects Hebbal to the airport and the areas beyond. This location is close to the upcoming economic hubs in the north such as the Aerospace Park and the Hardware Park. These key initiatives house expansive units of large companies that are to be operational in the short to medium terms. Hebbal and Yelahanka, its strategic location between the airport and the Central Business District (CBD) of the city has established Hebbal as a high-end residential market. Thanisandra Road, Hennur Road These stretches have grown in tandem with each  other, since they are in close proximity to Hebbal.

Mid segment residential property demand owing to proximity to locations such as Hebbal, the ORR and Old Madras Road, has led to the development of these areas. North Bangalore takes shape within the beautiful City of Bengaluru. In terms of Realty development, North Bangalore holds immense potential given its close proximity to the Kempegowda International Airport. Complemented by planned social and physical infrastructure, rest assured, North Bangalore is all set to be the next huge Commercio-residential hub of Bengaluru. Over the years, the city has expanded laterally.

The major IT players to 5 -star Hospitality Giants. Luxury Gated Communities are all opening up their shops as well. The icing on the cake would definitely be the completion of Namma Metro (Rapid Transit) that connects New Bangalore to the rest of the City. Life indeed is all about staying connected to the world and your loved ones. Guaranteed Capital Appreciation coupled with rapid growth in physical and social infrastructure adds zing to the City as an investment destination.

Complemented by its fast developing neighborhood and its connectivity to life essentials such as Hospitals, Schools, Colleges and Entertainment Hubs, Hebbal could very well be compared to its upscale counterparts in other parts of the Country. Increase in FAR along the Metro route, besides the corridor’s good connectivity and proximity to the Central Business District (CBD) locations, and airport, will accentuate both commercial and residential development in the location. Additionally, with significant land parcels available along the route for redevelopment, developments in the commercial segment are likely to get a boost.

North Bangalore is considered a ‘new Bangalore’, with a number of new SEZ projects and tech parks being proposed and under construction. Corporates are considering the north either as a long-term strategic location, a built-to suit campus location or for their consolidation plans. Knowledge – based industries and the key knowledge sectors which dominate the city’s economy – IT/ITeS and biotech. Most of the occupiers in the two prominent business parks here represent these two sectors.

IT and corporate houses are considering north Bangalore as a preferred destination. Most of the IT/ITeS clients evaluating the region for fresh commercial spaces are either seeking consolidation options or have long term occupancy plans.

Prestige Misty Waters – Buyer’s and Investment Advantages

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

Prestige Misty Waters – About Builder

Prestige Group has shaped the skyline of South India with developments spanning across Residential, Commercial, Retail, Leisure & Hospitality sectors. Having completed 166 Projects spanning a total developed area of over 49 million sqft, Prestige has 58 ongoing projects comprising around 47 million sqft & 26 upcoming projects, totaling 34 million sqft, which include apartment enclaves, shopping malls and corporate structures.

The 15 Awards received across various categories at the recently concluded International Property Awards, Asia Pacific 2012-13, only serve as testimony to Prestige’s work, making them a trusted name in the Real Estate sector. So, go ahead and Add Prestige to your life.

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3 Comments added. Join the Discussion

  1. TEAM PROPREVIEW

    Connectivity and growth in and around Bangalore North:

    Infrastructure Development has played critical role in the growth of residential real estate market and commercial activities in this belt.

    Bengaluru North has become the preferred and perfect destination for home investors and buyers. The only reason for this is Existing infrastructure of the locale such as enhanced connectivity through the ORR (Outer Ring Road), National Highway Authority of India’s (NHAI) elevated expressway to the airport. This ensures seamless travel. With enhanced connectivity, reduced travel time, the northern belt will be attractive even to the employee engaged in the IT/ITeS sector of Whitefield and in the Sarjapur-Marathahalli through ORR belt.”

    Along with these existing infrastructure, the upcoming Phase II of the Metro leading up to Nagavara and the proposed extension up to the airport in Phase III, the up-gradation of the Hebbal flyover into a three-lane route and the Peripheral Ring Road (PRR) has witnessed a drastic development in this belt.

    Bangalore International Airport has brought prominence to this locale.

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