Prestige Tranquility
Prestige Tranquility is a new project coming up on Budigere Road, Bangalore – also known as the access road to the International Airport Bangalore, from NH4/Old Madras Road.
Spread across 38 acres of land, the project is set to house a total of 2330 apartments.
Currently Prestige is running a pre-launch campaign with a pricing of Rs.2628/- per sft, with car parking charges extra. Approvals are in progress and are expected by end of July. Official launch of the project is expected to be on 25th July, there is also a hint that the price will be revised upwards by Rs.100 per sft.
On July 25th Prestige officially launched the Prestige Tranquility project, Ads were placed in several leading news papers announcing the much awaited launch. As expected there was a revision in the price and the official launch price ir Rs.2728, exactly Rs.100/- more.
Scheduled completion of the project is June 2014 Dec 2014 with a grace period of 6 months.
There would be about a total of 17 towers with the tallest being G+27 floors.
With Prestige Shantiniketan on ITPL road becoming a landmark project by Prestige Estates, this project on a similar scale with attractive pricing will be well received.
Public Opinion – Is Prestige Tranquility a right investment?
- June 22 – With about 160 poll votes, we have a decent sample size to examine what most people think about this project, 47% think that Prestige Tranquility is a good investment, 23% don’t think so and 30% are not sure. 30% Not Sure – is a huge figure, the number one reason for this could be the location of the project
- July 24 – With over 270 votes now and a lot more people being aware of the project and as well as people actually visiting the project site the results are getting realistic with 46% – saying YES, 27 % NO and 28% NOT SURE on whether Prestige Tranquility is a right choice. Compared to the last time when we examined the results the percentage saying YES remains almost the same but there is a 4% increase in NO
Check the latest results in Page 2.
Prestige Tranquility Location
With projects like “Pruksa Silvana”, “GR Sun Villas”, “Brigade Exotica”, “Signature Dreams” and “Signature Tulips” in the surrounding Budigere road may see some positive developments in the future.
Prestige Tranquility Options
- 1 BHK – 653 sft and 712 sft
- 2 BHK – 1073 sft to 1130 sft
- 3 BHK – 1628 sft, 1797 sft and 2019 sft
Call 9980808080 to book the last few units in Phase 2 (ad)
Prestige Tranquility Pricing
- 1 BHK from 20 lacs onwards (Booking Amount: 2 lacs)
- 2 BHK from 31 lacs onwards (Booking Amount: 3 lacs)
- 3 BHK from 45 lacs onwards (Booking Amount: 4 lacs)
The pre-launch offer is Rs. 2628/- per sq.ft (base price). The official launch price is Rs.2728/- per sft (base price)
- Car park Rs. 250,000/-
- Floor rise Rs. 15/- psft for each floor
Rs. 50/-Rs 75/- psft for premium units- Approximate additional charges
- Bescom/ BWSSB- Rs. 100/ Sft
- Adv. Maintenance – Rs. 42/ Sft
- 1st year Sinking fund Rs. 42/ Sft
- Generator for 2 BHK- 75000/- and 3 BHK Rs. 120,000/-
- Exact charges of the above will be available in the next few weeks.
- Service tax, VAT, stamp duty, registration charges payable at possession.
Prestige Tranquility Locality Review
Budigere Road already has big projects such as Brigade Exotica (3km), Pruksa Silvana (0.5 km) and GR Sun Villas (0.5 km) being launched in the first half of 2011. However the stretch between KR Puram cable bridge and Budigere Road has very few large apartment/commercial projects. Pashmina Waterfront (8km) & Mahaveer Chalet (9 km) to name, and the stretch between Budigere Road junction (2 km) and the Prestige Tranquility project, is industrial and mostly barren, with the nearest shopping center easily 5 kms away. Baldwin International School would be the nearest school about 2 km away. Nearest Hospital would be in Whitefield/Marathahalli (12 – 15 kms) or KR Puram (10 km)
Hebron Mall is the biggest commercial project underway located right opposite to Mahaveer Chalet and about 9 km from Prestige Tranquility.
Beary’s Global Research Triangle (tech park) is located about 4.5 kms away. ITPL about 13 km.
The widening of NH4 to 6 lanes with 2 service lanes has reduced the travel time from KR Puram Cable bridge to Budigere Road to 15 minutes. Budigere Road also has easy access to Whitefield Road which is developing rapidly. As per the CDP (Comprehensive Development Plan) Budigere Road will be widened to 300 ft and is part of the ITRR (Individual Town Ring Road)
Large residential projects can trigger developments in the immediate neighborhood however this seems easily to be 3 to 5 years from now.
Prestige Tranquility Concerns / Issues raised by readers
- Lack of facilities (shopping, medical etc) in Budigere Road
- Industrial Animal Feed Factory right adjacent to the project, close to towers T17 & T1
- Agro Food Factory close to towers T16, T15, T14
- Other Industries close to T3, T4
- Situated in the midst of an Industrial Belt
Premium flats are not being included in the pre-launch- Payment schedule not linked to construction progress – however representatives from Citi Bank and Axis Bank at the project site confirm that before a disbursal a construction status/valuation report will be requested
It’s best to choose an apartment facing the clubhouse / landscaping area, outer facing apartments would only overlook industries. For outer facing apartments its better to choose one facing GR Sunvillas or Pruksa Silvana in towers T6, T7, T8 & T9
Prestige Tranquility in Media
Ahead of the launch on 25th July, hoardings are coming up all over the city.
Here is one at Hope Farm junction
Prestige Tranquility Ad – Hope Farm Junction
Prestige Tranquility Official Launch Ad
Prestige Tranquility Videos
Prestige Tranquility Entrance
Prestige Tranquility 360 degree view
Prestige Tranquility – Adjacent Industry
Take the poll
Do you think Prestige Tranquility is a good investment? What is your opinion on Budigere Road? Take the poll.
Other Projects that might interest you
Pruksa Silvana Villas/Row Houses – Behind Prestige Tranquility
GR Sun Villas – Behind Prestige Tranquility
Abhudaya Lotus Garden – Plots (review coming soon)
What do you think is a better choice?
Prestige Tranquility Buyers Group
Are you really serious about buying a villa/apartment in this project, then why not join the Buyer’s Group. It’s a well known fact that approaching a builder as a group has its benefits, who knows you may get a good discount. Of course you are only planning or undecided then you should leave a comment here or check out the forum.
Update: 12 Aug – With Prestige Developers the buyers group has not had any effect especially with Prestige being a large player in the market and the high demand seen for this project. However the Buyer’s Group does have some interesting discussions that you may want to check out.
If you already own an apartment in Prestige Tranquility then there is a google group dedicated to it which you might want to join.
https://groups.google.com/forum/#!forum/prestige-tranquility
Latest Pictures including Prestige Tranquility Floor Plans
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- Budigere Road Junction
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- Budigere Road
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- Industry adjacent to Prestige Tranquility
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- Prestige Tranquility Ad – Hope Farm Junction
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- Prestige Tranquility Official Launch Ad
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- Prestige Tranquility Master Plan
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- Prestige Tranquility Approach Road
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- Prestige Tranquility Entrance
Check out the whats going on in the Prestige Tranquility Forum
Prestige Tranquility Master Plan
Prestige Tranquility CDP Map Overlay
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Share your views and concerns about this project with your comments!!
I am looking for 2.5 bhk purchase in PT, please message me on if there is any availability.
Looking to buy 2bhk in prestige Tranquility.
Please message me :
Hi Iam looKing for a 2 bhk in PT… If anybody plan to sell, then please contact me
Hi All,
What is the going price of 2bhk and 3bhk in PT right now?
I heard it was built as a budget project and some of the apartment have seepage, how is the construction quality in you opinion?
Hi, can any one suggest is it worth now to purchase a 3BHK flat in Prestige Tranquility. Are the problems related to sell from animal feed industry are still there? Are the problem of industry belt still there or some solution? Tower 17 some vacancy, can I buy?
You can go ahead. The chicken poultry has been shifted and isn’t operational anymore. And this was only possible due to lot of pressure from the resident to local authorities.
Resident already are putting efforts to ensure the factories around, do not flout environment rules.
PT resident have a very good rapport with local Panchayat authority, and slowly but gradually you would see a lot of development around Prestige Tranquility which is already benefitting other projects and locals.
If you have time and interested, there are few resales as well which should help save money
Hi All,
Looking to sell my 1820 sq feet apartment in tower 13 on the 5th floor. Let me know if anybody is interested
Best Regards,
Rajgopalan
Share the details…@ .
can you call me at : 8971998003, I am interested in it
Hi, can you please share the details at
You can please send details on
Hi,
I’m interested. Please write to me with your expectation at
Hi All,
I am looking to buy a 2 bhk or 3bhk at a very reasonable and quick settlement. Kindly qoute something which is reasonable for early settlement.
Hi All,
I am looking to buy a 3bhk at a very reasonable and quick settlement. Kindly qoute something which is attractive for early settlement
Good news for PT owners, CFF factory has been closed.
I am planning to sell my apartment 3 BHK inside facing higher(11th) floor.
I can be reached at
I have a 30*40 plot for sale 0.5kms from prestige tranquility in a gated community. Those interested can mail me at
Hello,
I am interested to buy 2/3 BHK flat at PT. Please mail me at .
Regards
Lohit
CFF is finally going out in Dec’17. Is this a correct news?… If yes, guys be ready for a sharp surge and price corrections in this project!!!.
It’s going out quite cheap currently and should get closer to 5k base price, post CFF removal.
looking for 2 or 3 bhk resale flats(tower preference – 6,7,8,9) , floor preference 2 and above, except top floor)
facing prefered : Inside(landscape facing).
if anyone interested in selling their flat can email me at
anyone expecting high prices like 5k or above please excuse.
Guys stay away from this project. Suddenly their management team is coming up now slapping Rs. 8000 to install Gas pipelines which was no where mentioned in the agreements at the time of selling. Not sure how much Sr. management is involved in this, but this is way cheap trick trying to extort additional money from owners. Any ideas if this is even legal to charge additional amount beyond commitment and without users consent ?
But I heard that 5K(Rs,5000) is refundable deposit. Also the owner are already having a fruitful discussion with Prestige wrt to another 3K,
my 2 bhk is available for rent in prestige tranquility, Please get back to me if any of your are interested.
Hi PT owners
I am interested in a 1BHK on higher floors only in the project.
In case anyone is selling, kindly send across details like tower, sq ft, facing(in terms of balcony), floor and price. Realistic prices only please.
My ID
Regards
Dear PT ,
Any one planning to buy SOBHA AVENUE ? confused between SOBHA AVENUE and Prestige Tranquility ?
Please share your suggestion , so that my decision ill be easier to choose best apartment ?
I just want compare this 2 projects .
regards
shilpa
First Decide location which is the utmost important things when you choose property.
And location could be chosen upon Budget, investment type(for living purpose or investment purpose), project, etc. some points..
1. ) Prestige tranquility on budigere which is quite far (undeveloped area) from city as of now, Shobha Avenue on Whitefield which is quite developed area.
2.) Price according to location, Tranquility will get 4000-5000 rs sqfeet, Avenue 6000+ rs sqfeet.
3.) Shobha is known for quality construction however this tag is Shobha builder is loosing day by day as per current customer of Shobha city and other shobha project.
Prestige tranquility construction quality is not good according to present customer.
4.) Avenue is quite small project 2.7 acres so wouldn’t accept big garden and landscape while Prestige Tranquility
(37 acres (35 acres + 2-3 acres kharab land(empty land))) is famous for big play area, garden and beautiful landscape.
5.) some tower of tranquility effected by factory pollution currently.
6.) tranquility is Ready to move Avenue will be 2018 and can delay.
7.) Both builder are cheater and can demand for extra money with some excuses.
8.) Both builder will lawfully mention on delayed construction however no one will pay.
basic comparison over now you compare as per your requirement.
Did a detailed study on the market and specially this project. The ones invested on project has not earned anything at all. 2011 launch with 2700 price coming to 4000-4200 after 6-7 yrs giving no special yield with loan on head.
Plus this project is big in volume but my team checked the around area and its not at all suitable for family stay because of chemical, chicken, glass/chemical factory; no water supply, no road connection.
I will give thumbs down to the project with selling price around 3200-3500 by next Apri-Jun with market not going to take this project. People staying there should push for changes across the area. Prestige is known for these goof ups.
Jayesh
Not sure about price & all, as its all speculations by various pandits giving their gyans. But definitely build quality and prestige management sucks big time. Out of the 3 lifts only 1 is working in Tower 1 since last 57 days. A couple of elderly people also even got stuck in the only working lift few days back. Prestige property management team is a big failure and least bothered to fix things that concern people. Every project have their pros & cons but this is a serious security concern which is being neglected. Just worried that a big mishap is waiting to happen in this project.
really worried about your comments and concerns. can u plzz tell us about the security issues here.
we r planning to go on rent here in the coming months. not moved yet.
it is one of the best project at a cheap price available for occupancy at this time. the landscapes are excellent in my opinin and the price is still lower compared to salarpuria east crest whhich is not completed yet.
the people who invested n this project will get huge returns in coming days due to the expected growth. this project is lower rated according to me.
expecting it to go high still in coming months
@ Jayesh, really appreciate your gyan shared here.
Can you clarify the following.
1. Which part of Bangalore does not have water problem other then the Central Bangalore.
2. What exactly do you mean by ” No Road Connection”
3. Can you share the details of the owners who are selling at 3200 – 3500 i will pay you your service charges as per the market norms.
4. Can you name one project in the surrounding which is to the standards and size to this project.
Thanks for the responses. First of all kindly note that I am an independent consultant who guides people about their financial aspects and none of the opinions mentioned here is about any personal or special inclination. This is first declaration.
Second, I did study with my team and whatever I predicted or said about the real estate, as of now coming out fully right.For ex: in 2011 I was active in this site http://harshasagar.com/2011/08/08/10-points-to-consider-before-investing-in-real-estate-by-jayesh/
and many people got benefitted.
I shifted to Middle East to handle my office for ME region. Now I am back and guiding people to buy/sell what type of things. Ex: If you see pattern of Infy buyback news and top mgmt issues with Sikka, if you are a right investor, you can earn the amount which even real estate will not give.
Nevertheless, bottom line is: Prestige Tranquility project is the worst project of Prestige group and earlier the investors move out even with their break even is good else only fools will buy this project.
Jayesh,
Every project has his pro’s and con’s. Even this project has.
I agree this wasn’t a good project from Investor’s perspective.
But as a buyer with the current price ruling in this area,this is one of the best project if you get at the right price from the Seller.
Like me who bought a property via resale @ 4500/- inclusive of everything, I am not expecting any profit as this is for my own use and my first property. I don’t want to promote this property and really do not care for returns until I stay here.
But my search ended here, since I was fed up of various legal issue all round Bangalore, pigeon houses sold for sky rocketing prices.
Fare enough, first house of any person is always an emotional binding and time and effort goes for the same.
I cant comment on this now as you put the card of your own stay :).
All the best, I hope the discussions going on with the owners and investors for the nearby region ends up well and surely you will have good surroundings. Till then take care of your and family health with utmost priority. A 2 cent will be to use air purifier at home.
Regards,
J
@Jayesh I visited this project this week itself i liked the facility inside but i agree with most of your comments and also that even after 6-7 years no benefits to the original investors and also that project has not yet received an OC and the marketing team mentions that they don’t require an OC as they have a CC already.
I am getting a 3bhk flat 1636sqft @70lacs (all inclusive) but i am afraid of buying it seeing the future as no corporate offices are planned in near vicinity.
Needed your suggestion that there is a another project in Horamvu from prestige what are your thoughts over it ?
I think you are taking about Prestige Gulmohar, even I seen this project and Horamvu project as well as lakeside habitat.
prestige Gulmohar is quite small project (approx 4 acers ) in compare to this.
Every location have a own positive and negative. Every individual can decide primary requirement.
In my point of view, if you are thinking for staying purpose currently then lakeside habitate and horamvu is best.
purely for future purpose Prestige tranquility.
One Orion Mall and Commercial Space coming up in “Brigade Golden Triangle” which is around 3.5 Kms from Prestige Tranquility.
Hi
A friend Asheesh Chauhan is looking to buy a 3bhk in prestige tranquility. In case anyone is looking to quickly strike a deal at reasonable prices, please contact or at 9873123876
Regards
Mikhail on behalf of Ashish
I will not suggest to book flat now.. although 1636 3bh-70lakhs is a good deal. If for family stay, I will suggest to avoid, if for investment-thumbs up. By 2020 you should get 15% rise.
Regards,
J
Two of our friend is looking to buy 3BHK. Preference is 10 floor or higher and inside facing. Let us know if anyone is selling.
Please contact
Can you provide details @
Hi, I am looking to buy a 1 BHK, higher floors preferred. Brokers excuse.
They give documents in a CD I heard. can somebody please upload their documents online, such as google drive and provide me a link ? I need to check their approvals and other details such as title and encroachment.
Hi All,
can somebody update me on the water supply and availability ? there are 8 bore wells as i understand, but are they sufficient ?
You are right, there are 8 borewells in total for the entire 2300+ families. Currently with around 15% occupancy, the water from 8 borewells is way too less and we are dependent on water tankers for more than 80% of the water requirements. God knows what will happen if the apartments get fully occupied. You will see water tankers almost every millisecond.
Hi Owners in PT,
I am interested in buying a Unit in PT (2/3 BHK). Interested owners could you please send the details to . Thanks.
Regards,
Ravindra
Hi,
Interested to know what is the vacant land which comes next to PT premises. I see there is a garment factory. But I am interested to know the barren land, now sand-filled, which is visible from outside facing flat of tower 3,4,5. Any idea?
Thanks!
thats private land does not belong to Prestige,
I understand that. Any idea what it could be? Our initial hitch was that it could be part of that garment factory. Again someone said its a road. Do you have any knowledge?
2-BHK 1162 square feet in Tower 1 for immediate sale. Contact
Thanks
Kaushik
Hi Kaushik!
I am interested in your property.Could you please confirm the carpet area and cost(inclusive of all)?
Regards
Puja
Hi Puja,
I have Tower 2 apt, Balcony facing garden with carpet area 1162/-. If interested share me ur email I’d. Thanks.
Is this apt still avialable? In which floor?
We visited the site today and are interested in booking a 3bhk. However, the odour from the chicken feed factory next to Tower17 was unbearable. Marketing person told that by the completion of the tower ie in next 6 months, the factory would be gone. Somehow we are not convinced. Any leads on this. TIA
Hi JP,
Two cents from my side, for this property or any property you purchase, don’t go with what marketing guys say. They are simply doing their job (and prestige marketing team is very good at it). I bought this property in 2012 and even then same sales pitch was being used for new potential customers, its already four years now. Ask them to give it in written duly signed by Razack or someone accountable and see how they start looking right & left, giving excuses. to the current owners they have clearly washed their hands off now by saying that chicken factory is not a part of prestige hence they can’t do anything. If you want to buy the flat go for it, but make your expectations clear that you are purchasing what you see, do not decide on some future promises specially made by marketing or sales guys.
Regards,
Sudeep
Thank you for the response Sudeep. When the mkting guy told about the procedure being initiated to shift the factory, we asked him to show us some document and he was clueless, and added that there is nothing he can give as a proof. And his next stand was if you are very particular about the factory, leave 17th tower, I ll get you a unit in the ready to move in towers. However, we felt the stench unbearable not sure if its the same everyday.
Marketing guys don’t have any documented verifiable proof on this, else they would have immediately used it without even asking like they boast of other documents. The stench is not strong everyday in fact its not even present on many days. Some chemicals are mixed on certain days, which causes the stench. Towers on the opposite side and towards pruska silvana are relatively smell free (here much depends on the direction of wind too)
Stop beating a dead topic !
400+ families already staying with your so – called “unbearable” odour and another 1000+ planning to shift by March 17. This full fledged society is earning praises across. Unfortunately- a blow in the face of those who were trying to demoralize owners with their wicked tactics for last 3 years 🙂
Happy staying ? but sorry we got a very sensitive nose.
Dear Jai Ho,
Its individuals choice to stay happily with “unbearable” odour or decide not to. Some may be OK with it, while others might not want to live in it. The topic may be dead to you, but for many it could be a inflecting point to make a lifetime purchase decision. So attempts to kill a fact by euphemism and praises will not work out. Of course every project has their benefits & flaws. Its upto the customers to decide whether benefits subdue the flaws or its vice versa for them.
Cheers,
Sudeep
I agree.. opinions vary depending whether you are a seller or a buyer. My intention anyways was not to influence anyone into making a purchase. Each project has its own price point which is a function of benefits and challenges. I see more benefits than flaws btw. Brigade exotica could be even better but then it commands an equally high premium.
Problem is we all want jackpot for peanuts !
Dear Jai Ho,
Chicken poultry will sooner or later go away, but what about the construction quality. Tower 1,2,5,6,7,8,9 have these issue. Not sure about others. I just wanted to make a point here that before putting your hard earned money please look into the quality of construction(which cannot be changed in future)
Do not get carried away by the brand name.
BUT … on a +ve side, the owner association and your neighbors are very friendly and this is what this society is earning a name for..
1000+ families have checked in and about 10 to 15 folks have complained about quality. One cannot please everyone. About 5% will always hold different views. Hear what the majority is speaking and they are all staying happily I guess. It’s the LARGEST project with BEST landscaping, PRESTIGE brand and biggest CLUBHOUSE in this area. Any Views on the positives?
Hi JP
The stench is real. However, it seems to affect only the towers closest to it. So best go for other towers. While PT is not selling any inventory there, lots of resale options are open in different towers. Check this forum/commonfloor etc to connect with potential buyers.
Regards
Mikhail
Hi PT owners
I am interested in a 3BHK on higher floors only in the project.
In case anyone is selling, kindly send across details like tower, sq ft, facing(in terms of balcony), floor and price. Realistic prices only please.
My ID
Regards
Mikhail
Hi,
I have a 2 bedroom (1162 sq feet) flat in Tower 1 for sale. Please contact me on . Immediate settlement.
Thanks,
Kaushik
Looking for 3bhk 1820sqft clubhouse facing flat in Prestige Tranquility for 3200+Reg. Brokers excuse. Immediate settlement. Interested owners can reach me at with the details.
Bangalore market is all white. So u are wasting ur time buddy if u think sellers are so desperate because of this demonitisation isuue.
Lol, my own landlord bought money in which I am staying with black money. You must be kidding when you say Bangalore is all white.
We have a 3.5 BHK apartment in PT. We had booked the apartment in July 2011 and were told the possession would be by Dec 2014. By the time sale agreement happened, the date was already postponed another 6 months and the new possession date was June 2015. We are still waiting for the completion of our apartment which is in Tower 13 and is the most delayed one. We completely regret our decision of buying a apartment in PT only trusting the brand name.
A lot has changed in our family since then and I wish we should have easily bought any small-builder project located well within city-limits for that price and could have been already staying there.
Overall a total disappointment, not even talking about the very bad construction quality and denied compensation, when 80% amount was already paid to them by Dec 2014. People be aware of such “reputed” builders.
please provide details of your flat, if you want to sell.
Hi,
I am looking to buy a 2 bhk or 3 bhk, 1st Option 2 bhk 1139 sft or a 3 bhk 1636 sft, 2nd option 2 bhk 1162 sft, i am not opting for a home loan, it will be a immediate payment.
Only genuine owners / re-sellers who are looking for immediate payment email me the details of the flat :
flat No :
base price ( including the floor rize, premium view & transfer fee).
Other cost like deposits, tax’s, registration will be paid by us to Prestige.
Market analyzers, price checker, high expectation owners please avoid sending message.
I don’t think Halima is a genuine buyer…or quite possibly is a broker. We’ve had discussions before on 2BHK sale before, but she’s never even bothered to reply after getting the details.
———@ RAJESH this is your message which you had sent to me ———-
———-What’s with people like you? You don’t even have the decency to acknowledge emails after requesting for information?
I surely hope you are not a property agent, as I would shudder in dealing with someone like you. In any case, I’m not interested in discussing details of my property with you anymore.———————–
You expect a reply for such messages.
You are expecting 4500 per sft for your flat and you expect people to call and talk to you, i would prefer not to waste my precious time.
Read my post twice to know, it has very clear line “Market analyzers, price checker, high expectation owners please avoid sending message.””
If your expectation was to the market price i am sure you would have sold your flat in April 2014 when you posted ::subject: flat for sale @ Prestige Tranquility for 4200/- “::
Hope now your opinion about me is changed ):):
I am a proud owner of a flat in Prestige Tranquilty and many other project in bangalore, if you want to know call builders like Prestige, Brigade, API,.
@Halima, Thanks for the reply. I still maintain that you could have replied with a ‘no’ rather than ignore after enquiry 🙂 I’ve sent yo a PM. Please take a look.
Regards
Rajesh
@Rajesh thanks for your message, i have replied to your mail.
@Halima ,Well said.
Even I am tracing a flat from last 3 month and gone through PT also from different portals.
Seller asking here 4600/- and 4800/- and top of that other charges, ha ha ha they really required gracefully pass, let them search buyer for more then one year. (by that u already lost more money in interest, registration etc.)
@ Rajesh, Can understand your hurriedness for selling but you can not insist/bullied any one for reply, even they r broker. you should play around the price that is the only tool (flower) you have to attract honeybee (buyers) .
Dear Karthikey,
thanks, i didn’t send the message to offend or hurt anyone, my only intention was to clear the air, had Rajesh written mail to me personally i would have not written on this page.
I have just mailed you all the required details about my 3 BHK, 1636 Sft, pool facing apartment. Please go through the same and revert.
Regards,
Devang
thanks i have replied
Hi,
I have a 2 bedroom (1162 sq feet) flat in Tower 1 for sale. Please contact me on
Thanks,
Hi,
I am looking for 2 BHK between 6 to 9th floor. Please mail me the details to “” if any one interested to sell.
Hi, I am looking to buy 2 BHK here. I am looking to close the deal as early as possible.
Please send details to
Thanks,
Hi Nilay,
I had written to you with details of my flat, end of June, but haven’t even received an acknowledgement thereafter.
Regards
Rajesh
Yes Rajesh,I remember that. I am looking lower flower and /or 1139/53 sq feet flat.
However yours flat also in my list. Just looking for more options.
Noted, Nilay. Thanks for the update.
I have visited the property yesterday and I’m looking for 2BHK in towers 6,7,8 and 9. Any one wants to sell, pls send details to .
Thanks
Hi @ ,
I have a 2BHK for sale in Tower 8, and have just emailed you details from
Please let me know if you’re interested.
Regards
Rajesh
Looking for 1 BHK, 722 SFT unit, if anyone interested pls mail at
I am selling my 3 BHK 1820 sqft in prestige tranquility at nominal rates. Looking for an immediate closure . Ready to move in. If any one interested pls contact .
the project is screwed up and builder is onlytelling lies
they told me that keys will be handed over on july 16 – then aug 16 then sept 16 …… project is delayed eveyone knows it but lies on the face ??? does common man has any say ?? is there an ombuds process where the builder can be made to pay for the lies and delays
they took entire amount on june 30 16 and have not done anything …. who will take care of this ??? it is daylight robbery
builder has no respect for common man money
Any owner want to swap flat from 2 bhk to 1 bhk ?
I am an owner of 1 bhk want to swap with 2bhk,
Looking to buy 2 bhk
East or North facing in tower 6,7,8,9
Please msg me with the details to
Immediate settlement
I’ve seen ads on magicbricks etc. for properties in Tranquility going as low as 3600 psft AI (after confirming on the call as well with the seller, so not bluffing). makes me wonder if there’s any problems wiht the project there or the area?
Is it safe to invest there as staying there presently is out of the question.
Who is the seller. Could you share the details plz.
might not make sense to publish the details of seller here. he might face a backlash from the PT community. I’ve seen that happen in this forum quite a lot.
why don’t u just check commonfloor and magicbrick websites. It’s not too difficult to find the seller’s name there selling at the lowest psft prices. Also they’re willing to negotiate(and come down a bit) after you bargain :).
Probable reasons :
1) area not sound yet to live. With real estate crashing/stagnant, investors want to chicken out.
2) adjacent factory which releases its smoke on the property. It could be a big health hazard.
3) builder os not providing complete certificates like OC/CC. Heard he has give OC but not able to get CC. hence some owner might wantove quickly before things start getting ugly.
4) Quality of construction. Apart from club house and common areas, the costruction of actual flats is not at par with expected quality. Lots of images have come up with walls chipping off. Material being used of cheap quality.
5) corruption in prestige. Heard they started charging some 3500 if you want to do your interiors. Otherwise security personals do not allow carpenters or plumbers inside
I believe all above factors were a big let down for people who were the first investors in the property and are looking to chicken out as soon as possible.
I agree with the above comments. Can see vertical cracks on walls on top floors already
thanks for your comments Rahul.
With Prestige branding and such low psft prices I could smell something fishy here. Heard about the quality of construction from a friend who was also trying to invest here last year but backed off.
Anyway I’m not going ahead with the purchase here. But wouldn’t recommend people to stop investing here. After all, if they are willing to take a risk no one should stop them especially if the returns fetched are good after some years.
This area might see some development in the coming years.
Hey rohit you are right in your judgement. I think people are now a day more informed and sensible then just getting fooled by big banner advertisings. Prestige is loosing its sheer on quality and commitments. It won’t be easy for builders to keep on fooling around with big banners advertisements like they had done in the past. Knowledge and reviews are readily available everywhere. I also backed off from investing in an another prestige property when I came to know the reality. Smaller builders are much better. Just coz you advertise on billboards and facebook shouldn’t beca reason for high price and that too for product without any construction quality. Club house, gardens is a pretty much norm these days which even small builders offer so whats the point in paying premium for a crap flat ?
Anyone selling 3BHK please reach out to me with flat and contact details at
Hi want to sell my 1 bhk , 722 sq feet , if any one interested pls contact
2BHK @ PT available in 3500Rs/sqft…base price
please give ur email id
Could you please send me the details to
Please share your contact details. Immediate settlement
please provide your contact number or mail id
Hi Gaurav,
Is it still available?. If yes, I am interested with 2BHK. Please send details to my mail id –
they have given reason for not paying penalty for delay. But they should also clarify why they collected all installment on time when project was delayed for more than one year. they must pay at least interest on the amount paid. one year in advance
regards
dinesh
Hi All,
I have a 2 BHK, 1162 Sq.Ft apt in Tower 1, 13th floor which I am interested in selling. If you are interested, please mail me at .
Thanks & Regards
Kaushik
I have sent to mails to your I’d but no response yet. Is your still available or sold out?
Hai, I am looking for a 2BHK or 2.5 BHK flat in PT.
Please send the details to my mail id
Hi Sam,
I sent you a mail regarding te above post. Haven’r heard back from you. An acknowledgement would have been nice 🙂
Regards
Raj
Occupancy certificate – Did PT get occupancy certificate. Can some one tell which authority has given OC ( is it panchayat or Hoskote planning authority or BBMP), thanks in advance
Hi All,
I have a 2 BHK, 1087 Sq.Ft apt in Tower 8 18th floor which I’m interested in selling. If interested, please mail me at .
Thanks & Regards
Raj
The Honesty of Prestige sales men:
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Prestige sales men are very honest. They say, they know all the mistakes they have done in their previous projects, they admit them and then they say they are learning from the mistakes and they are trying to improve upon that.
When Prestige Tranquility was launched, they promised that there won’t be any delay in the project like their earlier projects as they are giving contracts of different towers to different contractors and that way there will be competition among the contractors and they will be able to finish it faster. This is how they justified the time bound payment instead of construction linked payment. Now Prestige Tranquility is delayed by almost 1.5 years and still far away from completion. They are now giving indecent rain, general election as the cause of the delay and denying to pay any compensation as the delay was beyond their control.
Now, Prestige sales men have come up with different story for selling their newly launched “Prestige Song of the South” and “Prestige Lakeside habitat project”. Now, they are again sounding very honest and admitting it that the Prestige Tranquility has been delayed and they have learned from it and they do not want to make the same mistake again and that is the reason why they have hired “renowned” L&T to build their newly launched projects.
Hopefully, L & T will be able to divert those indecent rain and postpone any elections that is coming during the construction period so that the project does not get delayed. Even if it gets delayed, they will again sound honest, accept it and next time they will give the contract to someone else and promise to finish it within the promised period. This cycle goes on and on and never ends. Prestige has time bound payment and the customers are the ultimate sufferers.
God save the common man.
This is another wonderful comment from one of the owner in PT – Taken from PT owners google group:
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No. The pics do NOT reflect the progress. For e.g. I had gone 2 weeks ago, and through front of Tower 3,4,5 is shown as complete – it was unpainted from the back. Yes. This is the 3rd grade builder tactics that Prestige is doing.
And let us not even talk about interior work. In my particular flat, there was absolutely no progress from Nov to Jan. I compared with my previous pics. Broken doors, unpainted balconies, lots of chipped/broken parts in the walls.
There are literally no-one other than a dozen or so security guards if you go on a holiday. Earlier there used to be at least 2-300 workers on holidays. Security guards agree, that interior construction work is happening in only towers 1,2 and bit of 6,7. Almost nothing is happening on other towers.
Prestige knows at least 50% of owners are investors, and investors do not want early possession or more like, before they make the sale. Prestige knows this, and hence is making it difficult for those who to stay there.
If you an owner WHO wants to stay there, then ask Prestige to hand over your flat irrespective of possession date.
If you are investor, please remember valuation will go up only when others start staying there and it becomes habitable – so still ask Prestige to speed up. Even if you don’t take your respective flat possessions to save registration costs, at least support in some way the others who want to take possession.
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from your dear Bhola
– always helping buyers with honest feedback
ya its reallly a good positive feedback.
This is what you get for asking penalty for delayed possession from so called Grade ‘A’ builders. A mail from CRM of Prestige Tranquility:
This is to bring to your notice that the completion date for Prestige Tranquility was December 2014 plus 6 months grace period, which brings us to June 2015. Post that there has been a delay in this project due to reasons beyond the control of the builder.
As we were building this project in the blockwork format, unaware that the government will enforce a sand ban across India in this duration , we faced a huge challenge in the completing the project as sand is an integral part of plastering the units internally and externally to complete the building. We were stranded due to this and are still struggling to acquire sand as the ban continues. We are also purchasing this sand at 10 times the price than the usual rate. We cannot use any substitute for this sand as cracks would appear on the walls of your unit in due course. As Prestige is committed to deliver quality product to our customers we had to buy riverbed sand as and when available to us.
As the delay was not under the control of builder, delay clause does not apply in this project for the duration of 10 to 12 months from the time of completion mentioned in the agreement. Hence, we are not liable to pay any compensation in your case as we are well within this time frame.
We have absorbed huge price escalation due to this reason and are not passing it on to you as we are committed to provide our customers a good quality home. We assure you of a quality living in this project once the project is ready. Kindly bear with us.
Here is another one from the owners’ group:
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Guys, some how I lost trust in this project. Even my wife is not happy with the internals and do not wish to stay there. I am completely stuck.
These days I am little busy too. Last time I followed up for the meeting so I guess this time somebody else should take it forward. Iwill definitely support.
But, from the last meeting somehow I felt that this small small meetings will not going to help us anymore. We need to do something big really big which can shake their other projects as well.
A real feedback from one of the owner staying in Prestige Tranquility (taken from the owners google group):
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yes, they have given power and water. i have shared my experience earlier also in this group. so just giving summary here
The quality of wood used for doors is cheapest in the market, it wll not even stand for 1 year. One of my bathroom/bedroom shared wall had water coming out from it. So from last 2 weeks they are fixing that. Whole bathroom tiles,floor is removed, changing the pipes. 1 Geysers had leakage issue, they are still fixing it. other geyser takes 1 hour to give one bucket of “warm” water.
Apartment quality does not look like A class builder.
Only good feeling of A class builder I get when i look at the open space,club house and huge swimming pool (not functioning yet).
GYM machines has come, it looks huge and good quality. badminton court also looks really nice with 3 nets.
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Your Dear,
Bhola