Prestige Tech Vista

Prestige Tech VistaPrestige Tech Vista which is a limited collection of exclusive town homes located in the heart of Prestige Technology Park, Bangalore’s pre-eminent business address. With the unbeatable combination of a prime location and tranquil atmosphere, membership in this exclusive community is only for 30 privileged families. Generous proportions and abundant light are evident on each floor while spacious terraces and balconies emphasize connectivity with the outdoors.

The Town homes have been arranged along the periphery of the site to create a generously landscaped central garden. Nestled within this garden is a pool, slightly elevated and surrounded with lush planting. Designed for fitness and casual recreation, a well-screened terrace makes this an ideal place to unwind. The Town homes of Prestige Tech Vista are built to ensure that your investment will hold its value for decades to come.

Prestige Tech Vista – Amenities

  • Complimentary Club Membership with 24 Tech
  • Swimming Pool
  • Multi-Purpose Court
  • Festive Lawn
  • Children’s Play Area

Prestige Tech Vista – Location Map

Prestige Tech Vista Location Map

Prestige Tech Vista – Price, Options and Possession

  • Rate per Sq Ft  – Contact Us
  • BHK Options – 4 BHK
  • Size – 3870 Sq Ft to 4155 Sq Ft
  • Project Status: Occupancy Certificate Received.

Prestige Tech Vista – Project Area, Open Space and Key Highlights

  • Project Total Area – 3 Acres.
  • Total Units – 30.
  • Total Open Space – Vast Open Space.

Prestige Tech Vista – Project Specification

Structure

  •  RCC Framed Structure.
  •  Cement Blocks for All Walls.

Lifts

  •  Lifts for all Units.

Villa Flooring

  •  Wooden Laminated Flooring in all Bedrooms.
  •  Imported Marble in the Foyer, Living, Dining, and Corridors, Family Area and Internal Staircases.
  •  Natural Stone in Verandahs.
  •  Anti-skid Ceramic Tiles in Balconies and Terraces.

Kitchen & Utility

  •  Granite Flooring.
  •  2 Feet Ceramic Tile Dado Over a Granite Counter.
  •  Double Bowl Single Drain Steel Sink with Single Lever Tap.
  •  Ceramic Tile Flooring and Ceramic Tile Dado in the Utility.
  •  Ceramic Tile Flooring and Dado in the Maid’s Room and Toilet.

Toilets & Fittings

  •  Master Toilet:
  •  Imported Marble Flooring and Dado.
  •  Wall Mounted EWC.
  •  Imported Marble Counter Top with Washbasin and CP Mixer Taps.
  •  Bath-tub, complete with Mixer and Hand Shower.
  •  Mirror above Washbasin with all CP Toilet Accessories.
  •  Other Toilets:
  •  Anti-skid Ceramic Tiles Flooring.
  •  Ceramic Dado and Texture Paint.
  •  Washbasin with Granite Counters, Mirror above Washbasin.
  •  Shower Partitions, European Water Closets, CP Fittings and Accessories.
  •  Solar Water Heater to Supply Hot Water to all Toilets.

Doors & Windows

  •  Entrance Door – 8 Feet High Timber Door with Architrave, and Polish on Both Sides.
  •  Internal Doors – 7 Feet High Opening with Wooden Frames and Flush Shutters.
  •  External Doors – Timber Frames and Partially Glazed Timber Shutters for all External Doors.
  •  Windows – Timber Frames and Shutters for Windows with Clear Glass, Mosquito Mesh Shutters and Grills.

Painting

  •  External Walls with Cement Paint.
  •  Emulsion on Internal Walls and Ceiling.

Electrical

  •  Concealed Wiring with PVC Insulated Copper Wires with Modular Switches.
  •  Sufficient Power Outlets and Light Points will be provided.
  •  15 KW Power will be provided for A, B, and C Type Villas.
  •  TV and Telephone Points provided in the Living, Family Area and all Bedrooms.
  •  ELCB and Individual Meters will be provided for all Villas.

Security System and Additional Amenities

  •  Security Cabins with Intercom facility to all Villas.
  •  Door Video Phone.
  •  STP and Rainwater Harvesting.

Additional Cost

  •  100% Power Back Up for all Villas.

Prestige Tech Vista – Master Plan

Prestige Tech Vista Master Plan

Prestige Tech Vista – Sq.ft Size, Total Cost and Booking Amount

Unit Type Size (Sqft) Price Booking Amount
3 BHK 4111 Sqft 350.00 Lacs 66,00,000
4 BHK 3870 Sqft 330.00 Lacs 61,00,000
4 BHK 4155 Sqft 350.00 Lacs Contact us

Prestige Tech Vista – Accessibility and Key Distances

  • Location – Marathahalli-Sarjapur Outer Ring Road, Bangalore
  • Distance from MG Road – 13.8 Kms
  • Distance from Railway Station – 19.7 Kms
  • Distance from Airport – 46.6 Kms
  • Nearest Metro station – 12 Kms(Baiyapanhalli)
  • Nearest Ring Road – 1.5 Kms(Marathalli/ORR)

Prestige Tech Vista – Floor Plan

Prestige Tech Vista Floor Plan

Prestige Tech Vista Floor Plan1

Prestige Tech Vista Floor Plan2

Prestige Tech Vista – 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 Tech Vista – 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 Tech Vista – FAQ’s

 

Where and what is Prestige Tech Vista?

Prestige Tech Vista is a limited collection of Exclusive Town Homes located in the heart of Prestige Technology Park, on the Outer Ring Road, Bangalore’s pre-eminent business address. There are 30 Town Homes, spread over 3 acres.

Who is the Architect?

M/s RSP are the architects.

What are the different types and sizes of Apartments?

There are three types of Town Homes which are of 4 Bedroom configurations, their details are as below:

Type Area in (Sqft)
A 4,307
B 3,980
C 4,260
Is the entire development compounded?

Yes, Prestige Tech Vista will be a Gated Community Development.

Are modifications permitted?

Prestige Tech Vista has been master planned with a design theme. External and internal finishes have been carefully chosen. Considering the timelines of delivery and also in keeping with the design theme, we will be unable to accept any changes/modification requests.

What are the Amenities?

The amenities provided at Prestige Tech Vista will include: a Swimming Pool, a Multipurpose Court, Festive Lawn, and Play Area. All Owners also get a Complimentary Membership of 24 Tech, however Usage Fees will be applicable.

Is there a membership fee for the clubhouse?

All Owners get Complimentary Membership of 24 Tech, however Usage Fees will be applicable.

How do I book my Home at Prestige Tech Vista?
  • Identify your Town Home
  • Fill the Booking Application Form
  • Pay Rs. 20,00,000/- by Cheque/DD favouring “Prestige Estate Projects Ltd.”

 

What happens thereafter?

Based on your application and priority, we will offer the available Town Homes of your preference. On confirmation of the unit of your choice, you will be required to make the necessary payments towards the Balance of 20% of the Sale Value within 30 days, along with the Post Dated Cheques (PDC’s) as per the payment schedule for the remaining amount.

A formal allotment letter will be issued within 30 days on the receipt of 20% of the Sale Value and the Post Dated Cheques. Allotments will be at the sole discretion of the Developer.

Post this, Formal Agreements will be issued for Execution.

Can I make a 100% down payment? How do I benefit?

Yes, you can avail of a discount on 100% down payment. However this scheme/offer will be valid for a limited period from the date of launch.

Has Prestige Tech Vista 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.

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 pricing chart. The payment is not linked to the progress of construction but it is to be made on a time bound basis as the delivery date has already been established.

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 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 only on Resale of the Unit.

Is the title of the property clear?

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

Have all approvals been obtained?

Yes, all approvals have been obtained.

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. On handing over of possession, 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 & will be at the sole discretion of Prestige.
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.

100% Power Back-Up is being provided for all town homes at an Additional Cost.

Has Prestige Tech Vista 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 Prestige 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 as per the payment schedule.

What is the scope of maintenance?

The scope of maintenance will cover maintenance of the common infrastructure for the town homes, roads, landscaped common areas and upkeep of the individual landscape of the town homes. The Owners in discussion with the Property Management Company can further define the scope as may be required. Prestige Property Management & Services will carry out this scope of maintenance at a cost.

What happens if I have any more questions/clarifications?

Please email us at: contact@propreview.in

 

Prestige Tech Vista – 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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