Prestige Park Ridge is a new pre-launch project located in Bannerghatta Road, Bangalore. The pre-launch of Prestige Park Ridge marks the opening of the project. The estimated prelaunch price of the project is INR 65 lakhs onwards. It offers 1, 2, & 3 BHK apartments on 6.25 acres of land. The project includes 12 towers offering 17 and 18 floors and a total of 2500 apartment units. Prestige Park Ridge will be launched in December 2024 and is expected to be completed 4 years from the launch date. Buying an apartment unit during the Prestige Park Ridge Pre-launch stage gives buyers a wide range of offers.
A pre-launch project in real estate refers to a new development that is announced and opened for booking before it has received all the necessary approvals from regulatory authorities and before the actual construction begins.
Key highlights of the Prestige Park Ridge Pre-launch:
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It offers the opportunity to purchase first-class living space at an affordable price.
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Buyers have the privilege of choosing their preferred unit from a wide range of options. This early involvement helps to ensure that they get a unit with the best views, floor plan, and amenities.
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Investors in this phase often benefit from the potential for property values to rise once the project officially launches and gains a foothold in the market.
The Prestige Park Ridge pre-launch offers present a unique opportunity for homebuyers and investors to secure their dream homes at attractive prices before the official launch. The offers may include the following:
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Early Bird Discounts: Buyers who book early often get special discounts on the property's price. These are usually limited-time offers.
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Flexible Payment Plans: Developers may offer easy payment schedules, allowing buyers to pay in smaller installments over a longer period.
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Waiver of Charges: Some pre-launch offers include waivers or reductions on extra charges like floor rise charges, parking fees, and club membership fees.
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Upgraded Amenities: Buyers may get free or discounted access to premium features like modular kitchens, air conditioning, or smart home systems.
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Preferential Allotment: Early buyers might get the benefit of choosing the best units, such as those with better views or on higher floors before they are available to everyone.
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Stamp Duty and Registration Waivers: Developers may cover or reduce the costs of stamp duty and registration fees, which buyers usually have to pay.
Key features of the project:
| Type |
Apartments |
| Project Stage |
Prelaunch |
| Location |
Bannerghatta Road, Bangalore |
| Builder |
Prestige Group |
| Floor Plans |
1,2 & 3 BHK |
| Price |
INR 65 lakh onwards |
| Total Land Area |
6.25 acres |
| Total Units |
2500 |
| Size Range |
On request |
| Approvals |
NA |
| RERA No |
NA |
| Launch Date |
December 2025 |
| Completion Date |
5 years from launch |