The starting price of apartments in Prestige Raintree Park will be approximately 1.15 crores. The tentative price of 4 BHK apartments may go up to Rs. 2.50 crores. The homes created are perfect for modern buyers. These are the perfect mix of style and comfort.

Details such as the Price List, Cost Sheet, and Payment Plan will be provided during the pre-launch phase. The pre-launch pricing for various configurations in Prestige Raintree Park is expected to be enticing. There are many benefits to buying a home in a project that is being launched. The pre- launch price for Prestige Raintree Park will be highly attractive. Choosing a home during this stage allows buyers to find one that meets all their requirements.

Whitefield is one of the vital neighbourhoods of East Bangalore. The area is an outstanding real estate zone, has upscale residential projects, and is close to major tech parks and international offices, making it excellent for professionals. Furthermore, it has rapidly developed with all the essential comforts and facilities, making it an apt choice for potential investors and end users. The prices of the homes will be set in keeping with the area’s most recent pricing trends.

Prestige Group thoroughly assesses market price trends to establish a competitive and equitable pricing strategy for this residential project. The pricing of Prestige Raintree Park apartments has been meticulously designed and crafted to accommodate a wide range of prospective buyers, whether they are seeking an investment opportunity or envisioning the creation of their dream home.

Price of apartments in Prestige Raintree Park

Prestige Rain Tree Park offers a variety of luxury apartments in Whitefield, Bangalore, catering to a range of budgets while providing outstanding value for money. The project offers a competitive pricing blend of comfort, convenience, and luxury.

The 2BHK units with a single balcony and open utility span between 1040 sq. ft to 1110 sq. ft start at an approximate price of 1.15 Cr. For those seeking a bit more space, the 2 BHK units featuring two balconies and an open utility, ranging between 1160 sq. ft and 1175 sq. ft, will be priced from 1.25 Cr onwards.

For those needing more room, the 3BHK apartments, with two toilets, two balconies and an open utility, range from 1430 sq. ft to 1480 sq. ft and will be priced at 1.60 Cr onwards. There are also larger 3BHK units with a maid’s room, toilet, two balconies, and an open utility, ranging from 1890 sq. ft to 1935 sq. ft, starting at an estimated price of 2.05 Crores.

The 4 BHK apartments offer generous living spaces for those looking for a grand residence. The units with three toilets, a maid’s room, a toilet, three balconies, and an open utility, ranging from 2260 sq. ft to 2280 sq. ft, will be priced from 2.45 Cr onwards. For the epitome of luxury, the expansive 4 BHK units with four toilets, a powder room, a maid’s room, a toilet, three balconies, and an open utility, spread across 2560 sq. ft to 2760 sq. ft, begin at an approximate price of 2.85 Cr.

Investing in Prestige Rain Tree Park means not only owning a well-designed, luxurious apartment in a prime location, but it also translates to an investment that will appreciate over time. It’s the perfect balance of a comfortable lifestyle and a smart investment choice for the discerning homebuyer.

Price of apartments in Whitefield

Whitefield is a most sought-after area in East Bangalore, known for their rapid development and booming real estate market. This growth is largely driven by the IT industry, with many tech parks and corporate offices located in the vicinity. Over the years, Whitefield has transformed from a quaint locality to a bustling residential area, attracting many real estate investments. This bustling locality is synonymous with India’s Silicon Valley, hosting numerous IT parks, tech companies, educational institutions, and a rapidly growing residential community.

Real Estate Trends and Investment Opportunities

• Rising Demand: Whitefield is witnessing a steady rise in demand for residential properties, driven by IT professionals and investors.
• Appreciation Potential: Given the ongoing infrastructure developments and the IT-driven economy, properties in these areas are expected to appreciate over time.
• Rental Market: With a constant influx of professionals, the rental market in these areas is robust, offering attractive returns for investors.
• Diverse Options: From affordable to premium segments, these areas cater to a wide range of homebuyers and investors.

Apartment living is a practical and simple way of life. Particularly for professionals who work, apartments are easy to maintain. Additionally, most apartments are ideally situated to offer quick access to the city’s major areas and employment centres. A decent apartment in Whitefield will cost up to 90 lakhs. The price for a one-bedroom apartment will increase to 1.25 crores if a reputable builder develops it and includes opulent amenities. A reasonable, steady income can also be obtained by renting out the apartments in Whitefield. In addition, the home has a high rental cost—roughly 25,000 for a one-bedroom flat in a nice neighbourhood.

Price of apartments in Bangalore

Bangalore is often mentioned as the “Silicon Valley of India,” a hub for the IT industry and a hotspot for the real estate sector. The city’s rapid urbanization, thriving job market, and cosmopolitan culture have made it a magnet for homebuyers and investors. Prestige Group has emerged as a dominant and trusted player within this dynamic real estate landscape.

Regarding urban living in India, Bangalore stands out as a city that effortlessly blends modernity with tradition. The city’s vibrant culture, booming IT industry, and pleasant climate make it a top choice for professionals and families. Bangalore offers residents a wide range of residential options, from studios to ultra-luxury villas.

As the demand and market for housing continue to rise, apartments in Bangalore have become popular, offering comfort, convenience, and a luxurious lifestyle. Bangalore’s real estate market has grown consistently, making apartments here a smart investment choice. Whether to apartment or rent it out, it can provide a good return on the investment.

Bangalore boasts numerous upscale neighbourhoods like

• Koramangala
• Indiranagar
• Whitefield
• Electronic City

The price of 1 BHK apartment in Bangalore may start from 50 lakhs and go up to 3 or 4 crores. Location is a major factor that determines the value of the property. According to the location, properties in Bangalore may go up to 10 to 15 crores for a luxurious 3 BHK apartment with all the premium facilities.

Payment Plan – The upright decision

In the dynamic landscape of real estate, the payment plan is a crucial element that often determines the feasibility and attractiveness of a property investment. As Prestige Raintree Park is still in its early launch stages, the payment schedule is yet to be unveiled. However, the Prestige Group, known for its customer-centric approach, is expected to introduce a range of appealing payment options to accelerate sales and accommodate the diverse financial preferences of potential homeowners.

One of the key highlights of Prestige Raintree Park’s payment plans is the flexibility it offers buyers. Traditionally, developers present various options, which are:

• down payments
• construction-linked plans
• deferred payment schemes

These customer-centric payment plans are instrumental in driving sales and contribute to building trust between the developer and the buyer.

RERA lays out a general plan for projects that are in the process of being built, which is. It includes the below-mentioned stages:

• The buyer must pay 10% of the property’s cost when booking a home.
• As the construction begins, the buyer must pay an additional 10% of the price.
• Upon completion up to the plinth level, 15% of the value will be paid.
• The buyer must pay 2% to 5% as every step of construction is completed.
• After plastering, painting, and plumbing, 5% will be paid.
• The remaining 5% of the price will be paid upon home possession.

The transparency and flexibility in payment options for booking an apartment in Prestige Raintree Park align with the evolving needs of the modern homebuyer, making Prestige Raintree Park a desirable investment opportunity for those seeking not only a luxurious residence but also a financially convenient path to homeownership.

Bangalore Real Estate Trends

Bangalore’s real estate market has witnessed consistent and rapid growth over the years, making it one of India’s most lucrative investment destinations. Several factors contribute to this:

1. IT Hub: Bangalore’s status as India’s IT capital has led to a constant influx of professionals and expatriates, driving the demand for residential and commercial properties.
2. Educational Institutions: The presence of renowned educational institutions and universities makes Bangalore an attractive destination for students and families, further boosting the demand for housing.
3. Infrastructure Development: The city’s infrastructure development, including metro connectivity and road networks, has improved accessibility and connectivity to various parts of the city.
4. Start-up Ecosystem: Bangalore is at the forefront of India’s start-up ecosystem, attracting entrepreneurs and investors, which positively impacts the commercial real estate sector.
5. Cultural Diversity: The city’s diverse and cosmopolitan culture adds to its appeal, making it attractive for people from different regions and backgrounds.

Bangalore’s real estate industry projection indicates that the city’s need for environmentally friendly structures is expanding quickly. Concerns about energy efficiency and vagaries in the climate are driving this growth. As a result, builders are beginning to include sustainable design elements and green technologies in new construction.

Current price on Whitefield and price trends

Whitefield will witness enormous expansion in the future partly because it has excellent access to the entire Bangalore, mainly through the Whitefield Main Road, SH-35, Old Airport Road, and Whitefield Railway Station. It is an appropriate destination because of the well-developed physical infrastructure, which includes large highways and frequent public transportation from Whitefield that travels around the city. Additionally, phase 2 of Namma Metro’s new metro connectivity, which guarantees the highest level of commuter comfort from Baiyappanahalli to Whitefield, holds enormous promise for the neighbourhood’s future development. By metro rail, passengers can quickly get to their destination.

The average cost of a property in Whitefield is Rs. 12,500 per sq. ft, with an approximate annual appreciation of 24%. With all of these projects taking place in Whitefield, the area will experience a spectacular real estate boom that is ideal for long-term investment. Impressive residential properties are now available from real estate developers, and there will be many more in the near future.

Superior facilities, exquisite interior designs, unmatched construction, and sophisticated interiors distinguish each house in Whitefield. Consequently, Whitefield has enormous potential and will become a real estate investment hub for investors and homebuyers over the next five to ten years. Therefore, Whitefield is a development worth considering if you’re looking to invest in real estate that will yield both maximum ease and comfort of living and significant returns down the road.

Cost sheet – The ultimate document for customer decision

The cost sheet of the project provides a detailed explanation of the expenses. It provides an effortless understanding of the payment process.

Prestige Raintree Park cost sheet illustrates the price of each configuration with a detailed explanation of the overall cost. The cost sheet includes the massive built-up area, carpet area, floor, base price, sale value, total rate, one covered parking space, and GST for the specified apartments.

The cost sheet provides detailed information of

• price based on apartment type, area, floor
• GST
• booking price
• agreement amount
• monthly instalments to be paid

Prestige Raintree Park Cost sheet will be released shortly, and it’s worth noting that there will be varying costs for different apartment configurations. The project offers a range of services at reasonable and budget-friendly rates. Being a pre-launch venture by the esteemed Prestige project in the fast-growing Whitefield area, it presents an excellent opportunity for investors and homebuyers. The strategic location further enhances its appeal, making it a promising choice for those seeking modern living in a burgeoning neighbourhood. Stay tuned for the updated pricing information.

Frequently Asked Questions