Prestige Falcon City – A mixed development and meticulously planned project on Kanakapura Road by Prestige Group of Builders. Being located in South Bangalore, Falcon City attract IT Peoples.
Prestige Falcon City location is rated as the most upcoming location in the Garden City and is explicitly spread over an area of 41 acres. Prestige Group has planned this project to cater requirements of current generation. Prestige Falcon City Bangalore is conveniently located on Kanakapura Road, Bangalore.
The ongoing project comprises of Prestige Falcon City is featured with 2BHK, 3BHK and 4 BHK apartments ranging from 1230 to 1603 sq. ft. The ongoing mixed development project comprises 7 buildings of 28 towers. These high-rise towers will have 2520 units with G+31 floors in each.
Prestige Falcon City Kanakapura Road is a mixed development in terms of commercial and residential. The interiors of the project are well designed and spacious. Investing to this project will be worth value for money. In today’s lifestyle people are becoming more inactive. By keeping in this mind Prestige Group has come up with all the necessary outdoor recreational facilities – taking care of the body and the mind.
A school is planned inside the township and 10 acres of land is reserved among 41 acres. There is a Forum Mall located in the surroundings of the Falcon City Bangalore, which is considered as Asia’s biggest forum mall. Prestige Falcon City location is one of the rapidly developing regions of the Bangalore City and well connected to the major spots of the city. Excellent Metro connectivity and well within the reach of IT companies ranging into all shapes and sizes.
Home to a sprawling clubhouse, an excitement zone & an immense social & tradition focus; each highlight is bench-marked with the worldwide best, to offer an existence that is seldom possible somewhere else. JMC construction is handling the construction work and MIVAN Technology used in the projects makes an advantage for buyers. One best part is Prestige Group never charges membership charges for any amenities they are providing.
Prestige Falcon City is the perfect Destination for those who aspires to live luxurious life in a bigger community.
Lobby & Staircases:
Doors and Windows:
|Unit Type||Size (Sqft)||Price||Booking Amount|
|2 BHK||1230 Sqft||82.40 Lacs||3,00,000|
|3 BHK||1591 Sqft||106.58 Lacs||2191622|
|3 BHK||1588 Sqft||106.38 Lacs||2187602|
|3 BHK||1603 Sqft||107.38 Lacs||500000|
Nearby Shopping Malls, Banks and Restaurants: All within 1 km
Good connectivity, proximity to workplaces and social infrastructure are pushing demand and leading to the development of more residential property options on Kanakapura road.
Being the centre of the South, the Kanakapura Road has witnessed extensive residential development, expanding outwards to cater to the demand from an increasing working population in the IT belts around. Proximity to established residential locations, good infrastructure and connectivity, and a good range of options for occupiers, are leading to Kanakapura Road emerging as new residential hotspots.
Kanakapura Road, once the backyard of nature, is today a concrete jungle. The approximately 27km stretch that starts from Majestic, leads up to Kanakapura town. Previously known as Kanakanahalli Road, the area was said to be a forest. But from days – when only bullock carts were seen and two buses plied – to emerging as a prime locality in South Bangalore, the road has undergone a rapid change. Today it is the preferred destination of not just popular builders but also industrialists, hoteliers and artists.
South Bangalore is a cosmopolitan region, mainly on account of a huge influx of people from all over India owing to the advent of the IT sector in the city here. Electronics City emerged as the first IT hub of Bangalore in the 1990’s. With the setting up of the IT companies, the south Bangalore region became a preferred commercial as well as residential destination.
Vaikunta Hill, off Kanakapura Road, gives a bird’s-eye view of the future of Bangalore South. The hillock provides not only a 360-degree view of all of Bangalore but also the trajectory the development of the city will take in the coming years. Kanakapura Road witnessed the launch of several residential projects which can be attributed to the availability of land in the region.
The 28-acre hillock, on Kanakapura Road and very close to Konanakunte Cross, will be at the heart of the path-breaking changes the city will witness. Iskcon, which bought the 28-acre hillock for Rs 23 crore at a public auction, is building what it says is a Disneyland-like 4D technology driven Krishna Lila Park and will transform the tourist potential of Bangalore, Karnataka and India. The construction work on the theme park is begun in mid-2012 and gets completed by 2016-17. The neighborhood will be hi-tech and socially alive and engaging.
Vaikunta Hill is expected to spur massive residential apartment projects and villas in the range of 3-10 km. Kanakapura Road is set to become the hot destination from 2012 onwards as development is still now concentrated in the Yelahanka, Whitefield, Sarjapura regions. Kanakapura Road and beyond is virgin area in a sense and will see far more residential development than office space development, followed by retail and commercial development. Owing to the arrival of a massive tourist hub, property prices in and around Kanakapura Road area are bound to shoot up in the next five years. An acre of land in the area is running at Rs 9-10 crore. Expect a 10% to 15% rise in these prices in the next five years. The location of Metro Cash and Carry on Kanakapura Road is attributed to the presence of wealthy families in the area and the vastly spread small retail network in the area.
Housing activity along Kanakapura Road is expected to rapidly expand with the arrival of Metro Rail network. The line will reach Konanakunte, which will be connected to Majestic, which, in turn, is connected to M G Road. With commercial and residential rentals not too much in demand now, the onus is on purchase. Apartments are in the Rs 3,000 to Rs 3,500 per sq ft bracket. If you look in the first sector of Kanakapura, homes more than 15 years old that come onto the market can go for around Rs 8,000 per sq ft. Newer apartments are around Rs 5,000 to Rs 6,000 per sq ft and those on resale Rs 5,000 per sq ft. For those looking a little ahead in the second stretch, you will find a lot of budget housing and the apartments here will be in the price range of Rs 3000 per sq ft. The enhanced focus on connectivity and timely completion of the on-going infrastructure projects would provide further impetus for this micro market to evolve into a residential hub.
The affordable land prices and availability of Cauvery water are the two major factors which have prompted major residential developers like Sobha, Nitesh, Brigade, Concorde, etc to establish their projects in this micro market. It is a preferred destination by those employed in Electronics City and Bannerghatta Road.
Kanakapura Road originates in the city at Krishna Rao Park in Basavanagudi. Is close to J P Nagar, Banashankari, Jayanagar Is 16-18 kms from M G Road, Vidhana Soudha Metro rail is being built on Kanakapura Road till Konankunte Cross. The road cuts through Vasanthapura and Konanakunte ward.
Kanakapura road is just a stone’s throw away from the NICE Road and close to the proposed Metro station, which are the fastest ways into the CBD. Kanakapura Road being well-connected to Bannerghatta Road, Electronics City and Mysore Road, has also been hailed as South Bangalore’s new corridor of growth. With major IT hubs, hospitals and educational institutions being within comfortable reach and easy accessibility, Kanakapura Road is attracting investors in this locale.
Kanakapura Road is easily connected to the well-known Art of Living ashram and is a few minutes away from NICE Road that will transport you to the city centre in minutes. It is the perfect alternative to now unaffordable South Bangalore neighborhoods like Banashankari, J P Nagar and Jayanagar.
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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:
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