Prestige Silver Crest

Prestige Silver Crest

Prestige Silver Crest is a wonderfully designed, well-conceived residential complex that’s just off the Sarjapur-Marthahalli Outer Ring Road, at Bangalore. Prestige Silver Crest  offers homes of two and three bedrooms, along with the full complement of lifestyle amenities including a clubhouse, swimming pool, indoor games, gymnasium, children’s play area and refreshing landscape features, makes Prestige Silver Crest a home worth living in. Prestige Silver Crest promises to make life more enjoyable, in a serene environment.

Prestige Silver Crest – Amenities

  • Gymnasium
  • Health Club
  • Swimming Pool
  • Table Tennis
  • Party Hall
  • Children’s Play Area
  • Jogging track
  • 100% Power back-Up

Prestige Silver Crest – Location Map

Prestige Silver Crest Location Map

Prestige Silver Crest – Price, Options and Possession

  • Rate per Sq Ft  – 6500 Rs. Booking amount –Contact Us
  • BHK Options – NA
  • Size – 1248 sq.ft
  • Possession : Ready to Move in

Prestige Silver Crest – Project Area, Open Space and Key Highlights

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

Prestige Silver Crest – Project Specification

Structure

  • RCC Framed Structure
  • Cement Blocks for all Walls.

Lobby

  • Elegant Ground Floor Lobby Flooring and Cladding in Granite/Marble
  • Upper Floors Lobby Flooring in Vitrified Tiles and Lift Cladding in Marble/Granite
  • All Lobby Walls in Texture Paint and Ceilings in OBD
  • Service Staircase and Service Lobby in Kota with OBD Paint on Walls

Lifts

  • Lift of Suitable Capacity in Every Block
  • Apartment Flooring
  • Vitrified Tiles in the Foyer, Living, Dining, Corridors and all Bedrooms
  • Anti-skid Ceramic Tiles in Balconies.

Kitchen

  • Vitrified Tiled Flooring
  • Ceramic Tile Dado for 2 feet over a Granite Counter
  • Single Bowl Single Drain Steel Sink with Single Lever Tap
  • Vitrified Tile Flooring and Ceramic Dadoing in the Utility Area.

Toilets

  • Anti-skid Ceramic Tiles for Flooring
  • Ceramic Tiles on Walls up to False Ceiling
  • Granite Counter with Ceramic Wash Basin in the Master Toilet and Pedestal Wash Basins in the Other Toilets
  • EWCs and Chrome Plated Fittings
  • Single Lever Tap and Shower Mixer
  • Geysers in all Toilets
  • Suspended Pipelines in Toilets Concealed Within the Grid False Ceiling.

Internal Doors

  • Main Door – 8 Feet High Opening with Pre-Moulded Flush Shutter & Frame in Wood, Polished on Both Sides
  • Other Internal Doors – 7 Feet High with Wooden Frames and Flush Shutters.

External Doors and Windows

  • UPVC Frames and Sliding Shutters for all External Doors
  • 3 Track UPVC Framed Windows with Clear Glass and Provision to Fix Mosquito Mesh Shutters
  • MS Designer Grill, Enamel Painted, for Ground Floor Apartments Only.

Painting

  • Cement Paint on External Walls
  • OBD on Internal Walls and Ceilings
  • Enamel Paint on all Railings

Electrical

  • All Electrical Wiring is Concealed with PVC Insulated Copper Wires and Modular Switches
  • Sufficient Power Outlets and Light Points Provided
  • 5 KVA Power will be Provided for 2BHK & 2.5BHK
  • 8 KVA Power will be Provided for 3BHK
  • TV and Telephone Points provided in the Living Area and all Bedrooms
  • Provision to Install Split AC in Living Area, Dining Area and all Bedrooms
  • ELCB and Individual Meters will be provided for all Apartments

Prestige Silver Crest – Master Plan

Prestige Silver Crest Master Plan

Prestige Silver Crest – Accessibility and Key Distances

  • Location – Sarjapur-Marthahalli Outer Ring Road, Bangalore
  • Distance from MG Road – 14.1 Kms
  • Distance from Railway Station – 19.9 Kms
  • Distance from Airport – 46.8 Kms
  • Nearest Metro station – 12.2 Kms(Baiyapanhalli Metro Station)
  • Nearest Ring Road – 10 Kms(KR Puram/ORR)

Prestige Silver Crest – Floor Plan

Prestige Silver Crest Floor PlanPrestige Silver Crest Floor Plan1Prestige Silver Crest Floor Plan2

Prestige Silver Crest – Surrounding Developments

Bangalore is blessed with few locations that are tranquil and unspoilt with fresh air, greenery, beautiful natural surroundings, fast-lane connectivity to work places, reputed educational institutions, and medical facilities. One such locale is Sarjapur.

Real estate development in the Sarjapur Road micro-market began with the setting up of a prominent IT major’s campus there. The development of the Sarjapur micro-market happened on account of its proximity to the IT clusters around the Outer Ring Road (ORR), Whitefield and Electronics City. Proposed Satellite Town Ring Roads (STRR) and Intermediate Ring Roads (IRR) will connect Sarjapur to all major parts of Bangalore and International Airport. Whitefield, Electronic City, ORR, IT SEZ Parks, Hosur, Attibelle and SIPCOT industrial areas are all close to Sarjapur.

Infosys is planning their IT Campus and Wipro is working on developing a University in Sarjapur. Education institutions such as TISB, Indus, Prakriya, Gear, Delhi Public, Greenwood High are some of the schools in the vicinity. Hospitals such as Narayana Hrudayalaya, Sparsh, Sathya Sai and Vydehi are close to Sarjapur.

The majority of entry and middle level employees working in IT/ITeS companies on ORR prefer staying on Sarjapur Road and surrounding locations due to availability of housing at relatively lower rentals when compared to other areas, and also due to proximity to the workplace. As a result, Sarjapur Road has emerged as a prime destination for such individuals. Factors contributing to development Factors that have worked in favor of its emergence as a micro-market are availability of land for commercial development, presence of a sizeable IT/ITeS population in the sub-market, presence of an IT major’s campus and another’s proposed campus on Sarjapur Road and well-established social infrastructure including schools, hospitals etc. It offers easy access to the ORR, with just 10-15 minutes’ travel time to get there, and to Whitefield and Electronics City at 30 minutes.

For valid reasons, Sarjapur is fast becoming a sought after residential destination. Residential developments are in early stage and therefore offer a unique opportunity for buyers at this point in time.

Commercial market overview:

The office sector in this sub-market is at a nascent stage of development. There are some notable office developments in this sub-market. The category of commercial buildings coming up here is primarily IT projects, with IT/ITeS companies showing preference to take up space here. The Sarjapur Road micro-market is witnessing improvement in demand for office space, mainly for buildings with large floor plates, due to the lack of options on the ORR. This is likely to create upward pressure on rental values on Sarjapur Road. ORR will remain the most attractive micro-market for the next 3-5 years owing to availability of Grade A office spaces, land for expansion and support infrastructure. Strong demand for office space in ORR and Sarjapur Road is expected to push the rental values up in these micro-markets.

Residential market overview:

Upcoming residential localities in this belt are Haralur Road, Kasavanahalli, Somapura and B Hosahalli. Proximity to the IT hubs on ORR, Electronics City and Whitefield, relatively affordable prices, which attracts young IT professionals, good availability of land parcels for development, upcoming commercial and retail developments, and well-established social infrastructure. The presence of a large IT campus has strengthened investor sentiment on this location. This micro-market has huge potential as it is close to the IT hubs of the city. With significant office space supply in the pipeline and rise in affluent employee base in this part of the city, the demand for housing is likely to sustain. A good portion of the demand is expected to drive sales in the mid-segment housing category in this sub-market in the near term. High-end projects are likely to do well in the medium to long terms.

Upcoming residential neighborhoods in this region Yemalur, Bellandur, HSR Layout, Sarjapur Road and Haralur Road are steadily gaining traction owing to their proximity to the ORR. Today, the ORR (Sarjapur-Marathahalli-Hebbal belt) is the most promising organized retail destination with immense potential for development since this is the largest IT/ITeS corridor, with substantial commercial and residential growth, good connectivity, proximity to catch meant areas, limited retail options presently and requirement for retail support.

Presently, there is only one mall on Sarjapur Road. The traditional retail market has been the preferred destination for almost all types of retail activity. This is mainly due to the lack of organized retail space like shopping malls and hypermarkets. Mainly hypermarkets, food chains and apparel stores are entering this market. Ongoing residential developments, increasing population and catchments are working in favour of retail growth here.

The Sarjapur Road micro-market is likely to witness improved demand for retail space over the next few years because of its large population base. This micro-market continues to hold immense potential for retail development as the existing developments are inadequate to meet the increasing demand.

Prestige Silver Crest – 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 Silver Crest – FAQ’s

Where and what is Prestige Silver Crest?

Prestige Silver Crest is located off the Marathahalli-Sarjapur Outer Ring Road, Bangalore opposite Prestige’s Cessna Business Park. This is a Residential Development spread over approximately 2 acres of land with 8 blocks, with 122 Apartments in all.

What is the distance from M.G. Road?

The distance to Prestige Silver Crest from M.G. Road is 14 Kms.

What are the different types and sizes of apartments?

There are 2BHK, 2.5BHK and 3BHK Apartments. Besides these, there are 2BHKs, 2.5BHKs and 3BHKs with Private Gardens on the Ground Floor as well. Below, is a complete list of the units with their areas (in Sqft):

Type Bedrooms Area in (Sqft)
A 2 1175
B 2 1184
B1 2 (With Private Garden) 1899
C 2 1176
D 2 1231
D1 2 (With Private Garden) 1506
E 2 1248
F 2 1260
F1 2 (With Private Garden) 1443
F2 2 (With Private Garden) 1532
G 3 1680
H 2.5 1638
H1 2 (With Private Garden) 1878
I 3 1808
I1 3 1839
J 3 1831
J1 3 (With Private Garden) 2256
J2 3 (With Private Garden) 2263
J3 3 (With Private Garden) 2265
J4 3 (With Private Garden) 2269
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 an increase of Rs. 15/- per sqft.

Is there a clubhouse and what are the facilities?

Yes, there is a Clubhouse with facilities like a Children’s Play Area, Gymnasium, Party Hall, Swimming Pool and Click here to view the complete amenities list. All owners get complimentary membership, however usage fee will be applicable.

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

Construction will commence by end of August 2012 and your new home will welcome you by end 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?

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?

The development plan has been sanctioned by BBMP.

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 amounts. Registration will be facilitated by Prestige, through an advocate appointed by our Legal Team.

How do I book my home at Prestige Silver Crest?
  1. Identify Your Apartment
  2. Fill in the Booking Application Form
  3. Pay the Booking Amount by Cheque/DD (The booking amount is 15% of sale value at the time of booking).

 

What happens thereafter?

You will be required to 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 allotment process.

When do I get a confirmed allotment?

On payment of 15% of the sale value and submission of Post Dated Cheques for the remaining amount.

Can I make 100% down payment?

Yes! Please check with Prestige’s Marketing Department for the details on the same.

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. 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 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.

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, a cancellation fee will be applicable. The fee is 1% of the sale value for cancellations made before signing of agreements and 15% of the sale value for cancellations made after signing of agreements. The balance, if any, will be returned without interest.

What are the agreements that need to be signed?

The following agreements need to be signed: Agreement to Sell & Construction Agreement. These are 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 amounts. Registration will be facilitated by Prestige, through an advocate appointed by our Legal Team.

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 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 installment payments are paid as per the payment schedule.

Has Prestige Silver Crest 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 Silver Crest?

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

An additional sum of Rs. 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 is the scheme for maintenance?

The scheme for maintenance is as under:

  1. 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.
  2. An additional sum of Rs. 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.

Prestige Silver Crest – 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 Group has several national and international awards in 11 various categories. 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.

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 Silver Crest, Prestige Silver Crest Review, Prestige Silver Crest Price, Prestige Silver Crest address, Silver Crest Bangalore, Prestige Silver Crest floor plan, Prestige Silver Crest Location

Reader’s Please share your opinion about this project.

Connect Me to Builder with Best Offers

captcha

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>