Prestige Tranquility

prestige tranquility

Prestige Tranquility is one of the ongoing residential apartments by Prestige Developers in Budigere, off Old Madras Road. Being located in East Bengaluru, Tranquility blended with an innovative architecture and comfort together. The residential enclave offers its inhabitants an excellent connectivity to all the prime locations in the Bangalore city.

Prestige Tranquility Bangalore is strategically dispersed across 38 acres of lush green land with a major part of open space. With fine exclusivity, Prestige Tranquility Budigere consists of 17 residential towers with 14, 19 and 27 floors. This high rise residential dwelling offers 1 BHK, 2 BHK, 3 BHK & 3.5 BHK units with 77% of Carpet Area. Tranquility is planned and designed in such a way to provide shelter for around 2368 happy families.

At Prestige Tranquility, one can experience the life rather living it. Prestige Group is always trying to bring the best of modern innovation to all its ventures. The structure of the project is built using the modern construction technology. Each residential unit at Prestige Tranquility Bangalore is planned with contemporary architecture, natural ventilation and exclusive clubhouses.

Prestige Tranquility is designed not only to provide you just a place to reside, rather it proffers you all the trending and classy amenities to let pursue a robust lifestyle with several recreational services such as indoor squash court, billiards, Swimming Pool, Steam room, Gymnasium, health clubs,  Jogging trail, Sauna Room, Open Amphitheatre and many more.

Despite the increasing price of the residence, Prestige Tranquility is one of the best properties for investment in the eastern region of the garden city. The locality of the project has superior Infrastructure and well connectivity to many places.

Prestige Tranquility – Amenities

  • Space Provision for A Super Market
  • Health Club
  • Swimming Pool
  • Children’s Play Area
  • Party Halls
  • Tennis Courts
  • Basketball Court
  • Squash Court
  • Badminton Courts
  • Table Tennis
  • Cards Room
  • Yoga Terrace
  • ATM

Prestige Tranquility – Location Map

Prestige Tranquility Location Map

Prestige Tranquility – Price, Options and Possession

  • Rate per Sq Ft  – 4500 Rs. Booking amount – NA
  • Booking Amount – Car Parking Charges or including car parking
  • BHK Options – 1 BHK, 2 BHK, 3 BHK and 3.5 BHK
  • Size – 664 Sq Ft to 1991 Sq Ft
  • Project Status: Occupancy Certificate Received.

Prestige Tranquility – Project Area, Open Space and Key Highlights

  • Project Total Area – 38 Acres.
  • Total Units – 2368.
  • Total Open Space – 75%.

Prestige Tranquility – Project Specification

Structure

  • RCC Framed Structure
  • Cement Blocks for all Walls

Lobby

  • Ground floor lobby flooring and wall cladding in granite/marble, upper floors’ lobby flooring in vitrified tiles.
  • All lobby walls in texture paint and ceilings in distemper
  • Service staircase and service lobby in kota.

Lifts

  • Lifts of Suitable Capacity in Every Block

Apartment Flooring

  • Vitrified tiles in the foyer, living room, dining area, corridors, family room 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 drainsteel sink with single lever tap, ceramic tiled flooring and dado for the utility.

Toilets

  • Anti skid ceramic tiles for flooring, ceramic tiles on walls.
  • Pedestal wash basins in all toilets.
  • EWCs, chrome plated fittings, 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 flushed shutter and frame in wood, polished on both sides.
  • Other internal doors – 7 feet high with wooden frames and flush shutters.

External Doors and Windows

  • Aluminum/ UPVC frames and sliding shutters for all external doors.
  • Aluminum/ UPVC framed windows with clear glass and provision for mosquito mesh shutters.
  • MS designer grill, enamel painted, for ground floor apartments only.

Painting

  • Cement paint on external walls, internal walls and ceilings in distemper. All railings in enamel paint.
  • Security System
  • Security cabins at all entrances and exits with CCTV coverage.

Prestige Tranquility – Master Plan

prestige tranquility master plan

Prestige Tranquility – Sq ft Size, Total Cost and Booking Amount

Unit Type Size (Sqft) Price Booking Amount
3 BHK 1632 Sqft 73.44 Lacs 1518800
3 BHK 1636 Sqft 74.11 Lacs 1532216
3 BHK 1820 Sqft 81.90 Lacs 1688000

Prestige Tranquility – Accessibility and Key Distances

  • Location – Budigere ,off Old Madras Road
  • Distance from MG Road – 18 Kms
  • Distance from Railway Station – 20 Kms
  • Distance from Airport – 41 Kms
  • Nearest Metro station – 11.5 Kms (Baiyappanahalli)
  • Nearest Ring Road – Outer Ring Rd ( 15 Kms )

Prestige Tranquility – Floor Plan

Prestige Tranquility Floor Plan

Prestige Tranquility Floor Plan1

Prestige Tranquility Floor Plan2

Prestige Tranquility Floor Plan3

Prestige Tranquility – Neighborhood

  • Nearby Schools: Within 2 km (Brilliant National School, New Baldwin International School, Narayana E – Techno School, S V School of Nursing, Swami Vivekananda College and Many more Schools & Colleges)
  • Nearby Hospitals: Within 5 km (Koshy’s Hospital, People Hospital and Many more hospitals)
  • Nearby Workplaces: Within 3 Kms
  • Nearby Shopping Malls, Banks and Restaurants: All within 5 kms.

Prestige Tranquility – 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 Tranquility – FAQ’s

 

Where and what is Prestige Tranquility?

Prestige Tranquility is located at Budigere, off Old Madras Road, at Bangalore. It is a residential development spread over approximately 38 acres of land with 17 residential towers of 14 and 19 levels and one signature tower of 27 levels. There are 2383 apartments in all.
There is an independent clubhouse block.

What is the distance from M.G Road?

The distance is 18 Kms.

What are the different types and sizes of apartments?

There are apartments to fit every family size and every budget.

Type No. of Bedrooms Area (In Sqft.)
Type A 1 664
Type B 1 722
Type C 2 1087
Type D 2 1135
Type D1 2 1139
Type E 2 1149
Type E1 2 1153
Type F 2 1162
Type G 3 1632
Type G1 3 1636
Type H 3 1820
Type J 3 1991
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. In addition to the floor premium, select apartments will also attract a premium of Rs. 75/- per sqft. Please refer to the price list for details.

Is there a club house and what are the facilities?

Prestige Tranquility will be feature rich, it would include a Health Club, Swimming Pool, Children’s Play Area, Party Halls, Tennis Courts, a Basketball Court, a Squash Court, Badminton Courts, Table Tennis, Cards Room, a Yoga Terrace & an ATM. Space will also be provided for a supermarket. All owners get free membership, however usage fee will be applicable.

How do I book my home at Prestige Tranquility?
  • Identify your Apartment
  • Fill the Booking Application Form
  • Pay by Cheque/ DD
  • The Booking Amount is:
    • 1 Bedroom – `2,00,000/-
    • 2 Bedroom – `3,00,000/-
    • 3 Bedroom – `4,00,000/-

 

What happens thereafter?

You will be required to pay the balance towards 15% of the sale value and provide 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 15% of the Sale Value and submission of Post Dated Cheques (PDCs) for the remaining amount.

Can I make 100% down payment? What will be my benefit?

Yes! You can pay 97.5% of the unit value against which you can avail a discount of 10% of the unit price. The balance 2.5% will be payable on possession. This scheme is valid for payments made on or before September 15th 2011. If you are taking a loan then it will be your responsibility to ensure that the bank / housing finance institution disburses this amount to Prestige by the said date. If the payment is not made within the specified date, it will be deemed that you are opting for the installment scheme. However, you will be required to pay 15% of the sale value as stipulated to get the allotment confirmed.

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

Installments are to be paid by way of Post Dated Cheques (PDCs) 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 dishonored the booking stands cancelled.

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.

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, then 1% of the sale value will be forfeited as a cancellation fee and the balance will be returned within 4 weeks without interest.

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

Marketing will commence on 25th July 2011. Construction will commence by November 2011 and your new home will welcome you in by June 2016.

Are modifications permitted in the apartments?

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 request 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.

Has BMRDA sanctioned the plans?

The development plan has been sanctioned by BMRDA.

What are the agreements that need to be signed?

The following agreements need to be signed: Agreement to Sell, 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 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.

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 Prestige Tranquility 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.
Banking Partners for Prestige Tranquility:

  • Axis Bank
  • Citi Bank
  • HDFC Home Loans
  • ICICI Bank
  • Lic Housing Finance
  • State Bank of India

 

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 Tranquility?

The maintenance will be taken care of by Prestige Property Management & Services. Now you can be rest assured Prestige Tranquility 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 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 Tranquility – 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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Builder
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Prestige Tranquility
Price
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49 Comments added. Join the Discussion

  1. raveendra

    Hi ,

    I am planning to buy a 2BHK+2T in PT at reasonable price.

    if someone has a good deal , please do reach out to me – maddaliravi@gmail.com

    Please do mention the flat details , facing , price per sq.ft ,total cost in the mail.

    Thank you.

  2. Hiren Patel

    Hello,

    I’m looking for 2BHK in Tranquility in Tower 6 to 9 only. FLoor between 4 to 10 and amenities/clubhouse facing.

    Thanks in advance, : -)

  3. P Subramanian

    Hi, I have a 1820 sq ft to sell. 9th floor, pool facing. Anyone interested please get in touch. Rates negotiable. Only serious offers please.

  4. Ashwani Tanwar

    I am looking to Buy a 3 BHK at the earliest possible, Please let me know if someone is willing to sell.
    Preference – Pool Facing/Club facing
    Floor- Above 5th Floor

  5. priya

    I am looking for 1bhk in prestige tranquility (above 4th floor clubhouse view ) mail me (tppriya1@gmail.com)if anyone is ready to sale

  6. Avi

    Looking for 2 Bhk, East/north or northeast facing. Preferably floors lower than 12. Interested in all towers except tower1

    • Ishita Bhattacharjee (8130703756)

      Hi Ishita here.. I OWN A 2bhk flat at Prestige tranquility. 1087 sq ft.
      Ground floor tower one.I am looking for an interested buyer.
      If interested let me knw..My number is 8130703756

  7. Prabhat (+919900032619)

    Hi, I have a 722 Sq. Ft 1 BHK spacious flat in Prestige Tranquility. I have to urgently sell it. Let me know if you are interested. Thanks, Prabhat

    • Ishita Bhattacharjee (8130703756)

      Hi Ishita here.. I OWN A 2bhk flat at Prestige tranquility. 1087 sq ft.
      Ground floor tower one.I am looking for an interested buyer.
      If interested let me knw..My number is 8130703756

    • Zia Ahmed (0091 7411659729)

      i have a 3 bed for sale in Prestige Tranquility.
      send me a whats app message on 0091 7411659729

    • Ishita Bhattacharjee (8130703756)

      I own a flat 2bhk in prestige tranquility
      Please contact me for further details.
      Hope to hear from you in the near future…

    • Maqsood (9066731243)

      Hello Archana,

      I have a 2 bhk flat at prestigre tranquility. I am interested to sell.

      Please call me on 9066731243.

      Regards, Maqsood

  8. Lakshmi Menon (9845276695)

    Looking for buyers for a 3 bedroom 1820 Sq feet Ground floor apartment at Prestige Tranquility.Do mail me if anyone is interested.

      • Zia Ahmed

        I have a 3 Bed Room flat for sale in Prestige Tranquility. completion and handover is in April 2016.
        Sent me whats app on 0091 7411659729

  9. Babu Philip (+971 50 6140656)

    Looking for a 3 Bed Room Apartment at Prestige Tranquility. Is there any one who like to sell ? Appreciate availability and price with details on the apartment.

  10. Zia Ahmed

    I have a 3 Bed Room Apartment for Sale in Prestige Tranquility.

    Area : 1632sqft
    Block No 15
    Apt No. 15022
    Level 2 , its a premium apartment Pool Facing
    Price : Rs. 4500 per Sqft. + Rs, 2,50,000 for car park + other charges

    If Any one interested kindly contact Zia Ahmed on mobile 7411659729

    I am the owner of the Apartment.

  11. sanjay

    I have already bought a property in Prestige Tranquality during the Pre-Launch. I got to know from one of the channel partners that they are launching their signature tower No. 17. What is the Pre-Launch rate and what additonal features and specifications are provided , compared to other towers?

    Since the constructions for all the other towers are in full swing and will be completed in almost a years time. Will it not be better for a New customer to buy in the re-sales market than go for the signature tower in Pre-Launch?

    Lastly need your suggestion, I am getting offers for sale of my property which is there in Tranquality. Should I sell now or can I wait for better appreciation….. Confused

  12. Hemanth

    Guys Dont buy this Property. Its really a waste of Money. There is Garbage dumping done in the Backyard that is nothing but Mandur which just 1 Km from this property. Still the Govt of Karnatka is not cleared the Dumping which is from all parts of Bangalore. SO THINK BEFORE INVESTING

    • Bangaloreboy

      Hemanthji, Pls post the right facts. Garbage dump is not at the backyard but 5 kilometers away from the project!!!

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