Prestige Southern Star Price
| Unit Type | Size | Price |
|---|---|---|
| 1 BHK | Onrequest | Onrequest |
| 2 BHK | Onrequest | Onrequest |
| 3 BHK | Onrequest | Onrequest |
The starting price of a Prestige Southern Star apartment is estimated to be Rs. 70 lakhs. Other well- known builders in this area often charge Rs. 70 lakhs for their apartments. The price of a luxurious three-bedroom house can reach Rs. 1.5 crores. Prestige Southern Star provides a range of housing alternatives to suit diverse needs and price points. It will offer apartments at a fair and dependable price. The size and configuration of the units available determine the pricing range.
Considering the lavish amenities and prime location this project offers, the prices of the apartments in this classic building are competitive. Although the project’s exact cost has not yet been disclosed, Prestige Group is renowned for providing projects at competitive prices to improve customers’ buying experience. It is expected to introduce a flexible payment plan to cater to diverse customer needs.
The Price List, Cost Sheet, and Payment Plan are available following the pre-launch. Seeing the Prestige Southern Star’s pre-launch pricing for various variants will be fascinating. Prestige Group is dedicated to helping clients realise their dreams of becoming property owners in this mixed-use project.
Begur Road in South Bangalore is perfect for buying a high-quality home. Investors and end users may rely on this perfect location. Here, the cost of real estate is really competitive. Prestige Group will investigate price trends before establishing the right price. They won’t reveal the exact pricing until after that, and it will be fair and inexpensive.
Prestige Group is renowned for offering reasonably priced, high-quality homes. The builder constantly aims to produce reasonably priced, abundant, and top-notch homes in prime areas. One of the greatest apartment buildings in South Bangalore is Prestige Southern Star. The project’s apartment prices are evaluated in light of the following factors.
- Price of apartments in Prestige Southern Star
- Price of apartments on Begur Road
- Price of apartments in Bangalore
- Payment Plan – The upright decision by Prestige Group
- Bangalore real estate price trends
- Current Price on Begur Road and price trends
- Cost sheet – The ultimate document for customer decision
Price of apartments in Prestige Southern Star
There are several options in the upscale residential project Prestige Southern Star to meet the interests of various individuals. Buyers may quickly select the units they want by consulting the price list according to size and budget. The units are expected to cost approximately Rs. 70 lakhs.
The residences in the opulent project will be reasonably priced. Prestige Southern Star pricing will shortly be made public by the developer. Additionally, they will be provided upon request. The most recent pricing trends in the neighbourhood will determine the prices of the residences. The homes within Prestige Southern Star present an exceptional investment opportunity for individuals seeking to own their dream home in one of Bengaluru’s most coveted locations.
Investing in an apartment in the enclave during its pre-launch phase will yield financial benefits for buyers. The cost of Prestige Southern Star will go up once construction is finished. The price will increase from the pre-launch. With Prestige Southern Star, this potential is realised and amplified as residents invest in a property and a lifestyle that encapsulates the essence of modern living.
The starting price for the homes at Prestige Southern Star not only makes luxury living accessible but also positions this project as an attractive investment opportunity. By seamlessly blending affordability, convenience, and luxury, this project sets the stage for homeowners to embark on a journey of comfort, community, and prosperity.
Price of apartments on Begur Road
Begur Road in South Bangalore is a newly developed residential neighbourhood. The neighbourhood has experienced remarkable transformations due to Electronic City’s closeness. Electronic City is just 5.4 km away. All of the city’s main areas are easily accessible and have adequate connectivity. The planned Yellow Line metro will increase the property’s market worth once more. The location puts all the conveniences nearby, giving the occupants yet another benefit.
On Begur Road, properties typically cost 7,500 per square foot. A well-constructed, one-bedroom apartment on Begur Road with all the luxuries and contemporary conveniences will run you as much as 80 lakhs. The demand and market value of the property in this locality is rising daily. So, it is better to invest as early as possible.
Price of apartments in Bangalore
Bangalore's immense potential makes it the most sought-after destination for people of all ages. Climate-wise and technologically speaking, all facilities are comparable. Bangalore's cosmopolitan nature is reflected in the diversity of its population. The city is a mingling pot of cultures, languages, and traditions. Bangalore's socio-economic diversity is evident in many areas, such as the chic stores on Brigade Road and the bustling marketplaces of Chickpet.
Residents of the city have access to a variety of housing alternatives, from opulent homes to studio apartments. Over time, Bangalore's land and residential space demand has stayed steadily high, providing homeowners with large profits. Real estate in Bangalore is highly sought after, and costs have increased significantly. With a variety of leisure opportunities and a beautiful temperature all year round, it is the most sought-after location for people of all ages.
The investors can choose from a wide variety of housing alternatives in the city, including opulent homes and affordable apartments. Over time, buyers will profit from the sustained high demand for residential real estate. The city is growing quickly along with the IT industry, and any real estate investment will yield positive results.
Factors determining the price of apartments in Bangalore
- Amenities
- Floor area
- Location
- Builder
- Facilities
Bangalore's apartment prices are rising quickly due to the city's growing population. The size of the apartments and the amenities they provide affect the price. In the affordable class, prices for a decent 1 BHK start at 70 Lakhs and go up to 1.5 Cr for a 3 BHK. If the apartment project has opulent, first-rate amenities made of premium materials, it will increase.
Payment Plan – The upright decision
For easy understanding of the payment process, the payment plan offers a thorough description of the expenses, including the price depending on the type, area, floor, GST, booking amount, agreement amount, and the instalments to be paid. Additional costs and crucial payment instructions are also included for better understanding.
Prestige Southern Star payment schedule is yet unknown because this project is only in the pre- launch stage. Nonetheless, providing developers with attractive options can help them increase sales. You can choose between several payment alternatives, such as construction-linked plans and down payments, and pay only a percentage of the total amount due until you take possession. The builder talks with the bank about these plans before deciding. The bank approves these choices based on the customer's eligibility.
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.
Customers can easily make payments with the risk-free instalment plan offered by the Prestige Group Payment Plan. 10% of the total price is due at the time of booking by the buyer, and the remaining fee can be divided into quarters. Buyers are free to select any payment plan that best suits their budget.
Bangalore Real Estate Trend
One of the most well-liked locations in India for real estate investment is Bangalore, sometimes called India's Silicon Valley and IT powerhouse. The city's real estate values have consistently risen in recent years due to its expanding economy, flourishing IT sector, and numerous startups.
Being a significant centre for IT parks, the city draws bright, aspirational young people from all across the country. Furthermore, several significant startups have thrived in Bangalore, directly aiding in developing high-end residential buildings. For millions of aspirational people, investing in Bangalore real estate is a natural and profitable choice because of these considerations.
Localities that have appreciated in 2023
- Haya Nagar – prices increased by 15.41%
- Mahadevapura – prices increased by 11.29%
- Hebbal – prices increased by 9.52%
- Bellandur – prices increased by 8.80%
- HSR Layout – prices increased by 7.69%
- Varthur – prices increased by 7.48%
Bangalore is a strategic and ideal location for real estate investment due to the significant appreciation of property prices and proposed infrastructure development. The city is in high demand for rental properties, making it an alluring destination for real estate investors seeking a stable income stream.
Current price on Begur Road and Price trends
The neighbourhood of Begur has experienced significant expansion and growth. One of the major advantages of living in this area is its excellent connectivity to other parts of the city. Due to this advantageous location, the demand for property on Begur Road has increased significantly. Located south of Bangalore, Begur Road runs along the Outer Ring Road, offering simple and easy access to all parts of the city for its residents.
As more people are relocating to Begur, the value of homes in the area has been increasing. However, the prices are still affordable. On average, the cost of a house in this locality is more than Rs. 5000 per square foot, with a starting price of Rs. 4000 per square foot. The most expensive properties are priced over Rs. 7000 per square foot. Additionally, the properties in this area are experiencing an annual appreciation of around 9.04%.
Cost sheet – The ultimate document for customer decision
The cost sheets for Prestige Southern Star have yet to be released as the project is still in the upcoming stage. Cost sheets are useful tools that provide information on pricing for different apartment options based on buyers' budgets and preferences. The cost sheet consists of two main parts: the breakdown of the apartment cost and the payment schedule.
The following elements make up the total cost of the apartment:
- Agreement value
- Other charges
- Stamp duty and registration
- Taxes
- Base price
- Sale value
- Total rate
- Applicable GST for the specific apartments
Frequently Asked Questions
1. What are the various payment plans available in Prestige Southern Star?
The builder offers various payment plans to the buyers, which will be disclosed soon as the project is still in the early stages. Once the payment plan is released, buyers can select the most convenient one according to their budget and instalment pattern.
2. Will there be any additional payments associated with buying an apartment?
The price includes all taxes and fees, including GST. However, additional charges such as parking, upkeep, and maintenance expenses are not included in the overall price.
3. Will loans be available for buying units in this project?
Loans are available from all leading banks, including ICICI, IDBI, Axis Bank, SBI, and HDFC.
4. Does Prestige Group provide any extra offers to the customers?
Prestige Group consistently offers exciting deals to their customers, and this time is no different. To learn about the latest offers, customers must wait until the cost sheet and payment plan are finalized. The builder always strives to provide homes at a fair price, considering the local market value and current price range.
Prestige Group - The Reputed Developer
Prestige Group stands as a distinguished entity within the real estate domain, reshaping the landscape of this industry with its remarkable ventures spanning residential, commercial, retail, leisure, and hospitality sectors. Embracing the ethos "Add Prestige to your life," the group, established in 1986, continues its journey of triumph, etching a narrative of excellence within the field.
With a steadfast determination, the group extended its influence across key cities in South India, encompassing Chennai, Hyderabad, Kochi, Mysore, Mangalore, and Goa, where it unfurled splendid undertakings. Prestige Group's portfolio encompasses splendid residential enclaves, expansive townships, cutting-edge technology parks, upscale hotels, opulent villas, and Special Economic Zones (SEZs), all spanning the length and breadth of India.
A pioneering force, the group redefined the notion of malls through its exceptional 'Forum' brand, an emblem of innovation within South India. Moreover, the group undertook prestigious collaborations with globally acclaimed hospitality giants such as Hilton Group, Marriott International, Sheraton Hotel, and Starwood Hotels, resulting in architectural marvels and awe-inspiring designs within the hospitality realm.
The numerous domestic and international accolades bestowed upon the Prestige Group stand as a testament to its eminence, solidifying its position as one of the most relied-upon names in the realm of real estate today.
