Prestige Spencer Heights

Prestige Spencer Heights

Prestige Spencer Heights a novel residential development by Prestige Group reputed real estate developer in South India. The project is well-located on Spencer Road, Frazer Town, Bangalore dispersed over 0.5 acres of land.

This high-rise residential development provides residential units developed with ace. Being located Frazer Town Prestige Spencer Heights Bangalore with high-rise apartment consists of 34 exclusive dwellings in a single tower with 18 floors. Prestige Spencer Heights presents an address that will be coveted by all and owned only by a privileged few. Spencer Heights is new way of Life which Offers spacious and well ventilated 3BHK residential apartment which covers all the significant amenities in the dwellings.

The need of residential units and real estate products are increasing everyday in Bangalore. The major reason is the faster developments happening in the IT segment, the number of migrants to the city from various parts across the country has increased. This resulted in the soaring demand of apartments, so most of the real estate investors believe that this is the right time to invest in real estate. Prestige Spencer Heights, a housing development is specially planned and designed for the secure investment in the real estate market, which makes your future bright.

Spencer Heights Bangalore is easily linked with all the major area of the Bangalore city and the USP of Spencer Heights project is proximity to the, recreational facilities, Shopping Malls and all other link is closeness to this residential development. Spencer Heights Frazer town is perfect.

A modern designing coupled with subtle character, Prestige Spencer Heights delivers premium craftsmanship and without compromising living spaces. Prestige Spencer Heights is the ultimate living experience presenting you a life that you have always wanted.

Prestige Spencer Heights – Amenities

  • Children’s Play Area
  • Gymnasium
  • Multipurpose Hall
  • Swimming Pool

Prestige Spencer Heights – Location Map

Prestige Spencer Heights Location Map

Prestige Spencer Heights – Price, Options and Possession

  • Rate per Sq Ft  – NA. Booking amount – Contact Us.
  • BHK Options – 3 BHK.
  • Size – 2,372 Sq. Ft. – 2,387 Sq. Ft.
  • Possession : September, 2016

Prestige Spencer Heights – Project Area, Open Space and Key Highlights

  • Project Total Area – 0.5 Acre.
  • No Of Floor – 18.
  • No Of Towers – 1.
  • Total Units – 34 Exclusive 3 Bedroom Apartments.
  • Total Open Space – Vast Open Space.

Prestige Spencer Heights – Project Specification

Structure
  • RCC Framed Structure with RCC Sheer Walls/Cement Blocks for all Walls
Lobby
  • Elegant Lobbies with Flooring and Lift Cladding in Granite/Engineered Stone
  • Walls in Textured Paint and Ceiling in Distemper/OBD
  • Kota Stone in Service Lobby, Service Corridor and Staircases and Textured Paint on Walls
Lifts
  • Passenger and Service Lifts of Suitable Size and Capacity
Flooring
  • Imported Marble in the Foyer, Living, Dining, and all Bedrooms
  • Decks of the Living and Dining in External Grade Solid Wood Flooring
  • Master Bedroom Balcony Finished with Vitrified Tiles
Kitchen
  • Ceramic Tiled Flooring and Dado over the Granite Counter
  • Double Bowl, Stainless Steel Sink with Single Lever Spout
Utility
  • Ceramic Tile Flooring and Dado in the Utility
Toilets And Fittings
  • Master Toilet with Imported Marble/Granite/Engineered Stone on the Floor and Walls up to the False Ceiling
  • High Quality Ceramic Tiles in other Toilets
  • Imported Marble/Granite Counters in all Toilets
  • Counter Mounted Wash Basins in all Toilets
  • Shower Partitions with mirror & accessories.
  • Shower Partitions in all Toilets, with Mirror & Accessories
  • Wall Mounted EWCs and Concealed Cisterns
  • Geysers in all Toilets
  • Children’s Toilet will have a Bathtub
Powder Room
  • Imported Marble/Granite Counter with Counter Mounted Wash Basin
  • Wall Mounted EWC with Chrome Plated Fittings, Mirrors and Accessories
Doors And Windows
  • Entrance Door – 8 Feet High Opening with Frame and Shutter in Wood, with Architraves
  • Internal Doors – All Bedroom Doors are of 8 Feet High Opening and Toilet Doors of 7 Feet High Opening with Wooden Frames, Architraves and Flush Shutters
  • All Doors are Equipped with Superior Quality Hardware
  • External Doors/Windows – Powder Coated Aluminum Frames and Shutters with Clear Glass and Mosquito Mesh Shutters
Painting
  • Textured Paint on External Walls
  • Plastic Emulsion on Internal Walls and Ceilings
  • All Railings in Stainless Steel and Glass
Electrical
  • Concealed Wiring with PVC Insulated Copper Wires and Modular Switches
  • Sufficient Power Outlets and Light Points will be provided
  • 15KVA Power will be provided
  • Satellite TV and Telephone Points provided in the Living, Dining, and all Bedrooms
  • Provision for Installation of Spilt AC
  • ELCB and Individual Meters will be provided for all Apartments
Security System
  • Door Video Phone with Peripheral CCTV Coverage
  • Reticulated Gas Supply into Kitchen with Individual Meters
Dg Power
  • DG Back-up provided for all Common Services
  • 100% Power Back Up for all Apartments at an Additional Cost

Prestige Spencer Heights – Master Plan

Prestige Spencer Heights_masterplan

Prestige Spencer Heights – Sq.ft Size, Total Cost and Booking Amount

Unit Type Size (Sqft) Price Booking Amount
3 BHK 2,387 Sqft Contact us Contact us
3 BHK 2,372 Sqft Contact us Contact us

Prestige Spencer Heights – Accessibility and Key Distances

  • Location – Spencer Road, Frazer Town, Bangalore
  • Distance from MG Road – 2.2 Kms
  • Distance from Railway Station – 2.4 Kms
  • Distance from Airport – 34 Kms
  • Nearest Metro station – 2.2 Kms(Mahatma Gandhi Road)
  • Nearest Ring Road – 8.3 Kms (Hebbal / ORR)

Prestige Spencer Heights – Floor PlanPrestige Spencer Heights_floor Prestige Spencer Heights_floor1 Prestige Spencer Heights_floor2 Prestige Spencer Heights_floor3

Prestige Spencer Heights – Neighbourhood

Nearby Schools:

  • RTC Girls High School – 29 m
  • Holy Angels School – 0.1 km
  • St Josephs Convent Girls High School – 0.3 km
  • St Francis Xavier Girls High School – 0.4 km
  • St Johns High School – 0.5 km

Nearby Hospitals:

  • Cantonment Polyclinic & Nursing Home – 0.7 km
  • Lal’s Mini Hospital – 0.9 km
  • Maternity Hospital – 0.9 km
  • Mediscope Hospital Private Limited – 0.8 km
  • Church of South India HospitalChurch of South India Hospital – 0.8 km

Prestige Spencer Heights – Surrounding Developments

Frazer Town, now officially known as Pulakeshinagar, but still known by its former name is located in the north-east direction of Bangalore city in the state of Karnataka. Rich with green lands, the locality is an essentially known residential and commercial hub for its close proximity to institutes, medical care centers and hospitals, as well as industrial hub in a short distance drive.

Frazer Town is well connected with roads like Promenade Road, Coles Road, Mosque Road, Madhavraya Mudalia Road (MM Road), Pottery Road and part of Wheeler Road. The Coles Road is a paradise for food lovers and also houses the NDTV office. MM Road is an active commercial road with number of restaurants, air ticket booking office, hospitals, retail grocery shop, etc on its way. Davis Road is just a short drive away from Frazer Town, which is a prime residential area in Bangalore.

The HAL Bangalore International Airport is at a short drive and the nearest railway station from here is the Bangalore East station. Frazer Town was developed during the British era, and still holds the patterns of conservancy lanes which are now converted into car parking area for the sake of preservation. A friendly neighborhood with lush green and facilities at short distance, this area is an ideal spot for residencies.

Prestige Spencer Heights – 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 Spencer Heights – FAQ’s

 

Where and what is Prestige Spencer Heights?

Prestige Spencer Heights is a premium Residential Development spread over approximately half acre with 34 Exclusive Apartments. It is located on Spencer Road, Frazer Town, which is one of the prime areas of Bangalore.

What are the different types and sizes of Apartments?

There are only 3BHK Apartments in 2 different Sizes:

Bedrooms Area in (Sqft)
3 2,372
3 2,387
What are the Amenities?

The amenities on the property include:

  • Children’s Play Area
  • Gymnasium
  • Party Hall
  • Rooftop Swimming Pool

 

How do I book my Home at Prestige Spencer Heights?
  • dentify your Apartment
  • Fill the Booking Application Form
  • Pay by Cheque/DD

The Booking Amount is Rs. 10 Lakhs. Along with the Booking Amount, we need a Cheque/DD for the balance of 20% of the Sale Value dated one month from booking.

What happens thereafter?

You will be required to issue Post Dated Cheques (PDCs) 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 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 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 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.

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

Construction will commence by September 2013 and your new home will welcome you by the third quarter of 2016.

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.

Are modifications permitted in the apartment?

The specifications and designs have been carefully worked out. Considering 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 BBMP/BDA sanctioned the plans?

Yes, the development plan has been sanctioned by the BBMP/BDA.

What are the agreements that need to be signed?

he 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 will have 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 Spencer Heights been approved by 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 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 Spencer Heights?

The maintenance will be taken care of by Prestige Property Management & Services. You can be rest assured that Prestige Spencer Heights 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 as decided by the Association/Prestige Property Management and Services. All future payments are to be made favoring the Property Management Company.
  • An additional sum of Rs. 42/- per sqft. corresponding to the super built-up 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 Spencer Heights – 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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