Residential Project in Bannerghatta Road, Bangalore

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Prestige Park Square

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Prestige Park Square

Prestige Park Square

Pay 50:50, 50% On Booking, 50% On Possession Limited Period Offer by Prestige Group...!

Prestige Park Square is one of the most awaited projects of Bannerghatta Road in South Bangalore. This exclusive venture will soon mark as a benchmark project in this locality. Sprawled across 8 acres of lush green area, it is offering spaciously designed 2, 3 and 3.5 bhk units for proper ventilation and fresh air. In total this high-rise apartment will consist of 586 apartments in 3 towers. Prestige Park Square residents will get to enjoy the facilities of an uber-luxurious unit while being close to their workplace. Prestige Group is a reputed name in the realty market. With years of experience into various fields, they have shaped the skyline across all sectors like residential, commercial, retail, leisure & hospitality.

Prestige Park Square is an new launch project by Prestige Group located in Bannerghatta road in South Bangalore. This luxuriously planned project is lounged across 8 acres of landscape surrounded by lush greenery and fresh ambience all around. This elegantly designed project is going to serve its residents in the best possible way. It has got 70% of open space which promises to let you enjoy fresh air and light throughout the day. This design feature architecturally links the interior and exterior spaces, creating an intimate sit-out experience. There are some spots on earth where the best thing to do is nothing. The ultimate serenity and peaceful environment along with the premium amenities installed is going to serve you with all the opulence and luxury you deserve to have in your life. The Prestige City is a new launch township by Prestige Constructions.

Prestige Park Square has been designed aesthetically using the best quality materials. Skillfully decorated landscape garden, floral walkways, water bodies, boulevard, weather proof and dust free paint in the exterior and in the interiors they have used superior quality materials. Vitrified tile flooring, anti-skid ceramic tile in balcony and bathrooms, 100% power back up, generator for all common services and many such facilities made available for the residents.

Prestige Park Grove is a luxurious residential development located in Whitefield, Bangalore. Spread across 78 acres, this project offers a mix of apartments and villas to cater to different preferences and budgets. With a total of 3600 apartments and 8 villas available in 1, 2, 3, and 4 BHK configurations, Prestige Park Grove is designed to provide a comfortable and upscale living experience. The launch date is expected to be around June 2023.

The residents of Prestige Park Square will also get to enjoy a list of well-equipped amenities within the same layout like a Amphitheatre, Children's Play Area, Cricket Pitch, Gymnasium, Health Club, Indoor Games, Kids Pool, Mini Theatre, Multi-purpose Court, Party Hall, Swimming Pool etc., and many other exciting features.

‘Prestige Park Square’, a pristine pre launch project by Prestige Group is coming up in Bannerghatta road in South Bangalore. This is a mega acre township project lounged across vast expanse of land surrounded by greenery and scenic beauty. Additionally well planned layout and exquisite designs of this project makes it unique and stand out among the brilliant creations by Prestige Group. This project has got sufficient open space to let the fresh air to breathe and keep you fresh and rejuvenated throughout the day. Prestige Meridian Park new launch apartment at Sarjapur Road, East Bangalore.

Prestige Park Square is one of the eminent project of Prestige Group located in Gottigere ,off Bannerghatta road in South Bangalore. This community consists of well designed and beautifully crafted homes surrounded by manicured lawns and greenery. Sobha Sentosa is a new residential apartment at Panathur Road, East Bangalore. This is an new launch project with apartments of type 2, 3 and 4 bhk. The high rise apartments in this community will be an eye treat for you. Here in this significant architectural set up 70 % of the space has been left for open space which will precisely give you feel of tranquility. Privacy and security of your loved ones will be the utmost priority of this community. Also to have good time with your family, friends and neighbours this project is going to be one of the most suitable communities to entertain your requirements. More details on this project will be available once the project is pre-launched.

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Prestige Park Square Quick Facts

Project Type
Project Stage
Pre Launch
Rate Per Sq Ft
On Request
Unit Type
2,3 & 3.5 BHK
Total Floors
2B + G + 26/27 Floors
Total Units
Total Blocks / Towers
3 Towers
Total Area
8 Acres
65 Lakhs Onwards
2021 Onwards
1115 - 1855 Sq Ft

Prestige Park Square Location

Prestige Park Square is located in a convenient well-developed part of South Bangalore, Bannerghatta Road. This region is known popularly for the famous Bannerghatta National Park. However, this location is also known for its close proximity to IT companies like BPL Telecom Private Limited, Infosys Technologies Limited, Oracle India Private Limited, Accenture Services Private Limited and other small-medium enterprises. Due to these commercial constructions Bannerghatta has huge growth in the infrastructure development. Important residential cum commercial places like JP Nagar, BTM Layout and Jayanagar are located here. It is also home to many well-known hospitals, educational institutions, malls, retail shops, banks and financial institutions which will make life easier. Prestige Group upcoming plot Prestige Great Acres.

Provident Ecopolitan is a futuristic Upcoming housing project in KIADB Aerospace Park, Bagalur, Bangalore. The project includes 80% open area with lush greenery and scenic landscapes. It was located on a large lot that offered 1 BHK, 2 BHK, and 3 BHK luxury apartments. Spread over 12 acres of land with 1000 units, Bangalore is an emerging residential destination with endless opportunities for comfortable living.

State Highway 87 or Bannerghatta Road is one of the rapidly developing areas of South Bangalore. It is a major centre for IT/ITES companies and is circumvented by well known residential as well as commercial localities like JP Nagar, BTM Layout, Jayanagar. It has turned out to be sought after destination for home seekers. Bannerghatta road has a very good connectivity to all the major areas of the city via Bannerghatta road, Outer ring road and NICE road. This locality also has famous temple like Meenakshi Sundareshwar.

Bannerghatta road meets major arterial roads and this makes it enjoy the connectivity to major locations in the city. This stretch of Bannerghatta road passes through localities like Arekere Gare, Gottigere, Hulimavu Gate, Bannerghatta Circle, Adugodi and Koppa Gate. Also this road connects to locations like MICO Layout, Jayanagar, Dollars colony and Anekal. The connectivity through ORR and NICE ring road makes it an easily accessible destination for many. The International Airport is 45 km and Bangalore city junction is just 15 km from this location. Brigade Komarla Heights is a new prelaunch 2 & 3 bhk apartment in Padmanabhanagar, Bangalore. The connectivity to Gottigere and Nagavara through IIM- Bangalore will improve most with the new launch Namma Metro connectivity.

Prestige Park Square is ideally located in Gottigere off Bannerghatta road. This is a strategic location which is connected to the other parts of the city by roads like Bannerghatta road, Hosur Road and NICE road. Also this location holds very good connectivity to significant places like Koramangala, BTM and Electronic city. Coming of metro is an additional advantage to this location. This is an urbanized location which enjoys all the civic amenities in and around it. It has schools,colleges, hospitals, malls and shopping centres in its vicinity. Also it enjoys the company of major IT organizations in its proximity. Also the infrastructure growth is at its peak in this area providing room for even more social development in future. Prestige Smart City new Prelaunch township at Sarjapur Road, East Bangalore

Birla Trimaya is a new launch residential apartment project by Birla Estates in Devanahalli, Bangalore, Nouth Bangalore. This project offers 3000 units of 1 BHK, 2 BHK, 3 BHK, and Duplex apartments. The project is spread over 50 acres of land area. The starting budget for this project begins from 50 lakhs onwards.

This pre-launch development is quiet close to all the key locations. Some of them are-

  • Railway station 30 mins
  • Jayanagar metro station 10 kms
  • Schools- 20 mins
  • International Airport- 60 kms
  • Hospitals at 10 mins away

1. Where and what is Prestige Park Square?

Prestige Park Square is located on Bannerghatta Main Road, close to Nice Road intersection. This is a premium residential development set in about 8 acres and 5 guntas of land. The development consists of 3 Towers identifi ed as Tower 1, Tower 2 & Tower 3. Each Tower consists of 2 basements for car park and other utilities, Ground and 26 & 27 Upper fl oors, with 586 residential apartments units of different types and an integrated Club House.

2. What is the project land extent?

The project land taken into account for the plan sanction is 8 acres and 5 guntas of which 1871.83 sqmts. has been relinquished for road widening as per RMP 2015 and the necessary park and open spaces requirement have been provided for as per statutory norms’

3. What are the distinct advantages or the USPs of this project?

Located off Nice road, easy access to E-city, Kanakapura Road, Mysore Road & Tumkur Road.

Closest Metro station will be approximately less than 600 meters away.

4. Who are the Architects/Master Planners of Prestige Park Square?

The Architecture fi rm, Zacharia Consultants are the key designers for Prestige Park Square.

5. What are the different types and sizes of apartments?

Apartment Configuration:

Unit Type Sale Area
2 BR 1115 - 1130 sft
3 BR + 2T 1348 - 1385 sft
3 BR + 3T 1596 - 1600 sft
3 BR + Maids Room 1771 - 1855 sft

6. Is there a Clubhouse and what are the amenities provided?

The project will have an elaborate Clubhouse with spaces for Health Club, Gymnasium, Swimming pool with Kids Pool, Banquet Hall, Mini Theatre, Badminton Court, Squash Court, Tennis Court, Multi- Purpose Court, Cricket Pitches, Amphitheatre, Indoor Games, Pool Table, Table Tennis, other indoor games, Kids play area with a provision for a Convenience Store, etc.

7. Is this a phased development and what are the time lines for completion?

The entire project will be ready for possession in 42 months from the date of commencement.

8. Is there any differential price based on the floor and orientation of the apartments?

Yes, there is a differential pricing for apartments. For every fl oor rise there is an increase in cost per sft. In addition to the fl oor rise, selected apartments will also attract a preferential location charge (PLC).

9. How do I book my home at Prestige Park Square?

  • Please identify your Apartment from available options.
  • Fill in the booking application form & provide your KYC documents.
  • Pay the initial booking amount of 10% by way of cheque/DD favouring ‘’Prestige Southcity Holdings’’ together with required supporting documents.
  • Kindly ensure that you have deducted 1% from the booking amount as TDS before handing it over to the Sales representative. (Kindly ensure to deduct 1% TDS, whenever a payment is made towards the immovable property valued Rs.50 Lakhs & above, and remit the balance. Also arrange to send duly signed form 16B (hard copy)
  • Kindly contact your respective Sales/CRM for TDS Presentation.

10. What happens thereafter?

On realization of the initial payment of 10% you will be required to issue post-dated cheques(PDCs) for the instalments within 15 days against which a formal letter of allotment will be issued. Agreements will follow after completion of allotment process.

11. When do I get a confi rmed allotment?

On payment of 10% of the sale value and submission of post-dated cheques for the remaining amount, the allotment will be confi rmed.

12. How are instalments to be paid and is it time bound?

Instalments 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. Incase of a home loan, these PDCs are held with us as a collateral & returned back at the time of possession.

13. 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, 2% of the sale value will be forfeited before Agreements and the cancellation fee after the agreements are excuted will be as per RERA norms. Cancellation will attract GST as applicable.

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

Construction will commence by May 2018 tentatively and your new home will welcome you from 31st Dec 2021 onwards.

15. Are modifi cations permitted in the apartment?

The specifi cations 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.

16. What about car parking spaces?

We can provide one car parking space for every apartment. Additional car parking request will be taken up towards project completion subject to availability. Apart from the two basements, ground, fi rst and the second fl oors of Tower 1 and Tower 3 are also earmarked for car parking. In Tower 2 Two basements and the ground fl oors are reserved for car parking and the upper fl oors in the said Towers contain apartment units.

17. Is the title of the property clear?

Legal due diligence has been done. The land is freehold, marketable and free from all encumbrances.

18. Has BDA/BBMP sanctioned the plans?

Yes, the development plans have been sanctioned by BDA/BBMP.

19. Has RERA approved this Project?

Yes, RERA Acknowledgement No. - PR/KN/180117/002634

20. What are the Documents that need to be signed?

The Documents that need to be signed are Agreement to Sell, followed by a Sale Deed upon completion of the development.

21. 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.

22. What is the process of Assignment?

Assignment can be done only after the Agreements have been signed, PDCs given, 5 instalments paid and the new party complying with the terms and conditions of the principal agreement. Transfer fee of Rs.150 per sq.ft and GST as applicable will be required to be paid. If you have availed a loan then you will be required to retrieve and hand over all letters and documents issued by Prestige to the bank / housing fi nance institution along with their NOC. Please note that transfer will be done only when you have no amount due & interest for delayed payments, if applicable, has been paid to Prestige as on the intended date of transfer.

23. What if Prestige delays the construction and possession?

Our endeavour is to complete & hand over the project as per committed time lines. However, for reasons beyond our control if the project is delayed, Prestige will pay compensation* as per RERA norms. (* Conditions apply).

24. What are the additional amounts to be paid?

BESCOM & BWSSB charges, GST, Generator charges, Khata assessment charges, Registration charges, Sinking fund, Advance maintenance charges and any other statutory charges/ duties as applicable. GST will be collected along with booking amount and instalments spread till possession.

25. Has Prestige Park Square been approved by banks/Housing fi nance institutions (HFIs) for loans?

Yes we have select Banks/HFIs who will extend loans to customers based on their eligibility criteria.

26. What is my responsibility for disbursement of instalments through HFIs?

It is the purchaser’s responsibility to ensure timely disbursement of instalments from HFIs and no demand will be made by us to the HFIs for the same. To facilitate smooth payments, customers are required to agree to a pre-determined payment schedule & issue a mandate to the HFI to disburse payments as per the schedule. This will be done via a ‘Mandatory Disbursement Form’ at the time of signing the Sale Agreement.

27. Who will take care of the maintenance of Prestige Park Square?

The maintenance will be taken care of by Prestige Property Management & Services. You can be rest assured Prestige Park Square will be cared for by professionals.

28. What is the scheme for maintenance?

  • A sum of Rs.60 per sft. will be charged as the advance maintenance fee for the fi rst 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 & Services. All future payments are to be made favouring the property management company.
  • An additional sum of Rs.60 per sft. 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.

29. What happens if I have any more questions/ clarifi cations?

Contact us on: 8884333654

Description of Prestige Park Square

This is a pre-launched project in Bannerghatta Road, Bangalore South. Sprawled across 8 acres of land, it is offering creatively built 2, 3 and 3.5 bhk homes in a serene locality. It is sure to set a landmark project in this region. Godrej Ananda is a new luxury 2 & 3 bhk apartment located at Bagalur ROad, Bangalore.

Location, Key Distances in and around the Project

Bannerghatta road is one of the most sought after residential locations in South Bangalore owing to the accessibility to all the civic amenities and well developed social infrastructure along with the connectivity that it enjoys through ORR and NICE Road.

  • Distance From Mg Road – 24.2 Kms
  • Distance From Railway Station – 27.3 Kms
  • Distance From Airport – 61 Kms
  • Nearest Metro Station – 16.5 Kms
  • Nearest Ring Road – 33.4 Kms

Commence date and Expected date of completion?

This development is expected to possession 48 months from the date of commencement.

Different configuration available along with their size and price?

Prestige Park Square is priced at 65 Lakhs onwards.

What makes this project unique apart from others ?

The USP of this project is its location. It is in close proximity to all the civic amenities. Build by the renowned builder Prestige; it includes all the facilities required in a modern family to lead a luxurious life.

Prestige Park Square Reviews

A remarkable project by Provident Group is ‘Prestige Park Square’ located in Bannerghatta road in South Bangalore. This luxurious and expansively sprawled project is going to reverberate the sumptuous lifestyle and sophisticated ambience. Lounged across vast landscape this project is going to offer you the fresh air and light throughout the day. The connectivity of the location of this project makes it even more convenient and easy for the home seekers in Prestige Park Square to travel to other parts of the city easily. Availability and accessibility to all the civic amenities from this project provides it an additional advantage. Provident Group is known for its time bound delivery and supreme quality. So if you are going to own a home in southern quadrant of Bangalore, Prestige Park Square is a good project to invest in.

What will be your biggest investment in 2018?

The year 2017 saw a paradigm shift in how India invests its money. While still reeling under the impact of demonetisation, the year saw an introduction of major policy changes as well as the boom of newer and riskier investment avenues, including Bitcoin and other crypto- currencies. Coming to real estate, 2017 was a roller coaster ride, with policy changes leading to speculations regarding the investment scenario. However, with global real estate investment activity broadly tracking last year’s pace, we saw India’s investment market attract over $5.1 billion in 2017.


About the Builder:

Prestige Group, as the name indicates they are the finest real estate developers of the country now emerged as an International Brand in the field of Real Estate with world class developments created all over South India which was initiated by the establishment of the firm in Bangalore, way back in 1986.Mr Razzak Sattar The Founder Chairman of the Prestige Group is the key person behind this huge Real Estate firm who have nurtured this multi million Company all through this years along with his efficient clan support. Initiated with the Residential Developments in the early days, this real estate firm now has expanded their reach to Commercial and even Hospitality Sectors. The Journey which is creeping towards the celebration of the Three Decades which eventually turned out to be fruitful with some marvellous constructions, each of them representing the symbol of architectural excellence and at the same time created without any compromise in the quality which is the prime factor in order to sustain as the Prime Real Estate builder of the Country which includes even in their Brand. With the backup of such enormous experience gained by their 350 completed projects and which itself covers several acres of land area developed in the major cities of South India they are moving steadily with the aim of transforming the country into a Real Estate paradise with and also keep track that every outcome meet international standards.

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