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Prestige Ferns Residency Review

Prestige Ferns Residency Review

by / June 21, 2012/ Harlur Road, Sarjapur Road/ 538 Comments/

Prestige Ferns Residency @ Harlur Road, Off Sarjapur Road

Prestige group has announced that they will very soon run a pre-launch offer for their new upcoming apartment project at Harlur Road, Off Sarjapur Road. The name of the project is not yet announced however Prestige Group had planned to launch Prestige Misty Waters and Prestige Ferns Residency in August 2012, at the time of writing its not clear if this project is indeed one of them. Sources confirm that the project is called Prestige Ferns Residency.

As per available information, the project will offer about 1300 apartments  and will span across 25 acres and will consist of multiple high rise towers. Project is planned to be completed by 2015.

Bookings are expected to be open from Monday 16th June

Prestige Ferns Residency Options

  • 2 BHK
  • 3 BHK
  • 4 BHK
Apartments area range : 1200sft to 2550sft approx

Prestige Ferns Residency Price

Expected pre-launch price is around Rs.4250/- per sft.

Prestige Ferns Residency Location

Harlur Road, about 1.8 km from Sarjapur Road, 6.3 km from Koramangala and 3 km from Wipro Corporate Office. Close to Sobha Classic
View Larger Map

Take the poll – Is Prestige Ferns Residency a good investment?

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538 Comments

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  1. Santhosh April 2, 2015

    2BHK flat measuring 1197 sq. ft. @12th floor for resale in Prestige Ferns Residency.

    Mobile: 9945147147
    Email:

    Price: 5600/sq. ft. + 3L car parking.

    Please note that above rate is including floor rise and transfer fees to the builder, and the rates are non negotiable.

    PS:Brokers please excuse.

    Reply
  2. Anand March 17, 2015

    Guys
    need help with a Info. I’m abt. to book a 3 BHK with PFR builder and was wondering if i can process a home loan though SBI. I see it has not been pre-approved. Anyone had luck getting approval from SBI for this project ?

    Reply
    • ibrahim March 17, 2015

      yes you are right SBI has not approved the project and many of them tried individually but no luck, currently i think SBM has approved.

      Reply
  3. Anand March 12, 2015

    Looking for a 3 BHK ..1749/1755 sq ft.. Lemme know pls.

    Reply
    • Ravi March 14, 2015

      I am also looking for 3bhk (type g/f), please let me know if there are any resale options.

      Reply
      • Anand March 14, 2015

        HI Ravi
        I heard the builder has some 3 BHK’s left and are quoting 5800 / SFT. A 1749 comes up to 1.18 i guess. Did u check with them recenlty ? Not sure if it’s woroth that price. But per builder there r only a few left ( cud be sales pitch).

        Reply
        • Ashwin March 29, 2015

          Hi Anand,

          Available flats are on which tower and floor.
          Also pl comment on the view from back side of the towers.

          regards
          ashwin

          Reply
          • Anand March 30, 2015

            i was told that they have tower 17 4th floor and one of the middle towers ( ground floor – water body facing).. I prefer the 4th flr in tower 17 as it’s open to the villa side and wont’ hv. any huge buildings staring @ u .. view wise, u r looking at living room, master bed and guest bed balcony facing the residential area.. shud be OK i guess..

            Reply
  6. Rishabh February 19, 2015

    Hi,

    I am looking for a 2 BHK in Prestige Ferns Residency. Please let me know if someone is looking to sell their flat. You can reach me at +91-9632111997.

    Regards,
    Rishabh

    Reply
  7. Manjushree February 6, 2015

    Buy a LAPTOP and get a 20×30 site absolutely FREE !!!!

    More details at:

    http://www.sancity1.com/img/projects-slider/02.jpg

    http://www.sancity1.com/home.html

    Reply
  8. madhu February 2, 2015

    I’m looking for a 3BHK on resale. Let me know the tower/floor and expected price.

    Reply
  9. Krishna January 29, 2015

    Looking for 2bhk or 2.5bhk in prestige ferns – preferably lower floors 2-6. Any one planning to sell please contact on 9902070498 or through email.

    Reply
  10. Riya Sarkar January 29, 2015

    I am planning to buy a 2/2.5 bhk flat in Prestige fern residency.We have visited the site and looks like the work is progressed very well.Please let me know if any 2bhk flat is available.

    Reply
  11. Rashmi January 26, 2015

    I was interested in buying a flat here but as i seen the Graveyard, i lost my interest. Graveyard is just outside the boundary wall. It is a active Graveyard (Kabaristan), if anyone want to see it, just before Fern Residency Gate a narrow road goes towards Govt Primary School just go straight on that road. At the end of road Graveyard is there.

    Reply
  14. Baskaran December 6, 2014

    Hello, I am looking for a 3BHK. if anyone is looking for buyer, let me know

    Regards

    Reply
  15. Vivek November 18, 2014

    I am looking for 2.5/3 BHK in prestige frens preferably lower floor. Please contact me@8722485004 m the direct buyer

    Thanks
    Vivek

    Reply
    • ravi April 3, 2015

      Sir – My offer is 3500 rs/sqft + registration.. No negotiaation.considering the inventory that is available in bangalore ( 1 million homes) ..i am offering you the best price..

      if you are ok ..pls respond.

      Reply
  18. Saroj September 13, 2014

    I want to sell my 2.5 BHK apartment in 14th Tower and 11th floor. Price Rs 5200/- PSF, including floor rise and Transfer charge. Interested person can call me @ 9916822934

    Reply
    • bala September 13, 2014

      Just one q for ppl occupying high floors. How one can get down in case of emergency?Is high floors not meant for old ppl?
      Are our fire services equipped to handle emergencies at such high floors?How r they giving NOCs?These qs r for all ppl in India going for high floors

      Reply
      • 2014 September 14, 2014

        bala: one finds such sensible questions rarely on such forums!

        Reply
      • PropGuru September 17, 2014

        sr. citizens prefer ground or first floor… if you have sr. citizens, go for lower floors !!

        Reply
    • Manish September 16, 2014

      I’m interested in buying 2/2.5bhk. Im ready for immediate closure for properties below rs4900psft

      Reply
    • Balachandra November 5, 2014

      I am interested in 2.5 BHK Could you please send me the details like door facing,flat number to my mail id balachandra.m.v

      Reply
  19. Gupta September 6, 2014

    I have booked a flat in Block No 10 today. I see there are two google groups. Please let me know which one is the Active/Correct Google group.

    Reply
  20. sandeep August 26, 2014

    Hi,

    I am looking for a 2.5 BHK at Ferns Residency. I am open for all the 3 configurations in 2.5 BHKs but the apartment has to be between 2’nd – 8’th floor. I am looking for immediate closure, interested parties please contact me on 9611044228. I would prefer dealing directly with owners.

    Reply
  21. Poornima August 6, 2014

    I intend to sell my 2 BHK of area 1174 sqft in Tower 6 (8th floor). Expected price: 5,500 per sqft.

    Regards,
    Poornima

    Reply
  22. ibrahim August 4, 2014

    Hi
    i am planning to sell my 2 bhk in tower 5 floor 15 flat no 2, looking at immediate closure, if anyone who is genuinely and seriously interested mail me @

    Reply
  23. Raj July 30, 2014

    Hi,

    We have 3bhk ( 1616sft – East Facing & semi furnished flat in Sobha Hibiscus and 3bhk Villament in Vaishnavi Orchids, which is 3300 sft Build Up Area and it is the best unit in the entire complex which facing pool and club house with private terrace. property located opposite to Wipro Corporate Office on Sarjapur road. Interested buyer please contact at 9686669174 /

    Reply
  24. Abrar July 30, 2014

    Hi, i have a doubt.
    My flat number is 4012. Is it ground or 1st floor.

    Reply
  25. saroj Kumar July 19, 2014

    I want to sell 2.5 bhk in prestige ferns residency. Total build up area is 1290 sqft. Price 5200 per sqft. For more details plz contact: 9916822934

    Reply
  26. Rajesh July 19, 2014

    There is an active graveyard in the back side of prestige ferns residency. The builder is not ready to do anything about this mess, most of the towers on the north side of the property faces this. Innocent buyers are cheated.

    Reply
    • Nitesh August 7, 2014

      Hi Rajesh,

      Can you tell me exactly where the graveyard is? I have heard it from others also but when I went there I couldn’t find one. Can you tell me exactly where it is ?

      Reply
      • Rajesh August 19, 2014

        The graveyard is located on the north-east part of the property. You won’t be able to see it from the ground floor, it is visible from the top floors of any of the blocks facing east.

        Reply
  27. ibrahim July 16, 2014

    Hi i am planning to sell my 2 bhk in tower 5 floor 15 flat no 2, priced @ 5300/- including floor rise, transfer fee, if anyone genuine interested mail me your offers @

    Reply
    • himanshu July 19, 2014

      hi i m interested in buying a 2bhk .pl send me all d details viz total no of floors,total cost etc

      Reply
      • ibrahim July 20, 2014

        Sent details to your email

        Reply
  28. Himanshu Sharma July 13, 2014

    Hi,

    I am planning to buy a flat (max 1300 sqft size) for myself. I am willing to pay up to 5,000/sqft including floor rise and transfer charges.
    Any interested seller can reach out to me at

    Regards,
    Himanshu

    Reply
  29. Prateek July 13, 2014

    Hi All,
    I am looking to sell my 2bhk flat in prestige ferns residency.
    It is at 4th floor tower5.
    Area:1197sqft.
    Interested buyer can contact me @09448041580
    My email id :

    Reply
  30. Abrar Ahmed July 8, 2014

    Hi,
    I am planing to sell my 2bhk, g floor, north facing door, unit in prestige ferns residency.
    Price i am looking for is 5100 base price.
    Please call me on +91-810-505-5441 or mail me at

    Reply
  31. rahul singh July 5, 2014

    Hi..I am interested in selling my 3 bhk flat in prestige fern residency,Interested buyers may call me on 9901739979.

    Reply
  32. ibrahim June 28, 2014

    hi i am planning to sell my 2 bhk in tower 5 floor 15 flat no 2, priced @ 5300/- including floor rise, transfer fee, if anyone interested mail me @

    Reply
  33. Rajesh Sharma June 17, 2014

    There is one more tower in front of tower 20 which is shown in bird eye view but not shown in actual plan. When asked with Prestige folks they said it is owners share (Fern’s share). I was told that they had plans for tower first and later scrapped. However owner still has 3 acres of share at the same place where tower supposed to be (like in the middle of club house and towere 20,21) and he will construct a villa there. Looks odd to me.

    Any other PFR owners has more details on this ?.

    Thanks,
    Raj

    Reply
  35. narendra kumar June 13, 2014

    Hi I am looking for 2.5/3BHK flat at Prestige Ferns Residency.Interested seller can call me at 9986991910

    Reply
  36. saroj June 13, 2014

    I have one apartment in Prestige Ferns Residency..area 1290, 2.5 bhk , 11th floor north facing…price 5500 psqft including floor rise(165 psqft) and transfer charge 100psft…intrested person can call on 9916822934….no broker plz…Thanks..

    Reply
    • rashmi August 7, 2014

      Hi
      pl send me the details along with cost.

      Reply
      • Deepak August 8, 2014

        hi rashmi,
        could your please mention your mail id

        Reply
  38. Jerry June 10, 2014

    Hi.
    I have a 2.5 BHK. Area approx 1300 sqft. Lake facing. Under construction.
    I’m willing to sell at a discount to the builder’s price.

    If interested please leave a reply with your contact details.

    Regards
    Jerry

    Reply
  39. Ritesh Agrawal June 7, 2014

    Hi, I am considering to buy a 3 bhk 2240 sqft apartment @ Prestige Fern Residency for end use…..Any genuine owners looking to sell May write to me at with their consideration price and contact number I wd then take it forward….

    Reply
  40. Jerry June 4, 2014

    Hi,
    I am looking to sell my 2.5 BHK in Ferns. Willing to look at a discount to the builder price.

    Reply
  41. khushwant June 4, 2014

    Hi, I am interested in buying a flat (Upto 1300 sqft size) for myself. Willing to pay up to 5,000/sqft including floor rise and transfer charges.
    Any interested seller can reach out to me at

    Reply
  42. varma April 11, 2014

    Last month I got a call from prestige informing me that SBI approval is not going to happen. SBM (state bank of mysore) has approved the project and I can go with them instead.

    Reply
  43. ravi April 5, 2014

    I am willing to sell my flat at PT for 3600. Had bought it for end use during pre launch. Now decided to live near my office in itpl. The flat is 1087 sq feet on 12th floor in tower 9, farthest from the chicken feed factory. Any body interested, pls let me know. I will bear the transfer charges for the same.

    Reply
  44. chetan March 15, 2014

    Hi, I am interested in buying a flat (Upto 1300 sqft size) for myself. Willing to pay up to 5,000/sqft including floor rise and transfer charges.
    Any interested seller can reach out to me at 9900922000 or

    Reply
  45. Babloo March 5, 2014

    So the project is not yet approved by SBI – anyone know why?
    I’m told the resale rate seems to be currently at 5300/sqft or lower if you bargain well whereas Prestige now quotes 5850/sqft…

    Reply
    • Pioneer March 6, 2014

      Phase-1, Reluctant end users due to reckless prices
      Phase-2, Reluctant investors due to less liquid re-sale market
      Phase-3, Price Stagnation
      Phase-4, Construction delays (more aggravated for big (1000+units ) projects) due to less consumption
      Phase-5, Cool down in prices, pressure on inventory and price resistance causing bargain sell, higher NPAs on banks. (sounds stupid but looks possible!..?)

      I guess, for RE in Bangalore, we are between 2nd and 3rd Phase. Phase-4, I sense may be in year 2016..!

      With that happening we can see sensible prices prevailing in market (although not lower than current prices!). But for all those investor who expect next level of 10k for project configuration of 6k today, will be disappointed or speculation will vanish/ reduce to a greater extent from market.

      To just understand this, how may time you have got mail from channel partner about apartment launch as ‘HOME’, instead always it was good investment opportunity, higher rent so on so forth..
      So builder’s mindset was always, people buy commodity not home as people do not hesitate to give cheque of 5 lakhs in few mins(no floor pans, no surety of unit type etc), as it is not a home, but just a goods for few!

      Like, IPO is oversubscribed, secondary market fuc*d when it lists on stock exchange, as everyone wants to sell and no buyers of stock in exchange or kind of that..! There was once such euphoria for IPOs, but later when people stopped making money, it attracted less and less people.
      So we can’t blame investors alone. but when return are flat or negative, automatically it turn down investors. until that happen, (which is not a distant reality for real estate as it is just like any other asset class), investors keep flocking for pre-launches.

      Investors ideally can be expected to shift to equities on account of better return and clear direction to economy after general election, which was absent in last few years in India and absent globally(on account to economic depression) since 2008 market crash.
      Equities went out of fashion for many causing less participation/asset allocation. So all speculative money came to Real Estate and partially to Gold.
      Nevertheless, investor mindset and sentiments will change and will take time to that to happen. It happened with Real Estate, so it can happen back again to equities. Talks will again start about new stocks ‘Infosys’, ‘TCS’ and likes. End of the day, all that one wants is to make more of their investment 🙂

      Lastly, one good thing about equities or bad thing about Real Estate is that, investors will get price quoted on exchange when u sell in equities, but for later, you can get little less than what’s quoted in the market, that too if you are lucky! 🙂

      Reply
  46. Ibrahim Sait November 26, 2013

    hi i am planning to sell my 2 bhk in tower 5 floor 15 flat no 2, priced @ 5300/- including floor rise, transfer fee, if anyone interested mail me the offers @

    Reply
  47. saroj Kumar November 25, 2013

    Hi…Prestige Ferns Residency is now approved by the SBI….I have got the mail from prestige with the details of SBI executive….

    I have one 2.5bhk apartment in Prestige ferns measuring 1290 sqft..11th floor ..north facing…if any body is interested to buy plz call…9916822934

    Reply
  48. KVNS November 11, 2013

    Hi All,

    Am planning to buy Sobha Eternia, which is nearly besides Prestige Ferns Residency. As both Sobha Eternia and Prestige Ferns Residency are at the same location, I would like to seek the view of this forum on the advantage and disadvantages between these two projects. I am looking for 2070 SFT 3BHK+Ser Room in Sobha. I was quoted around Rs.6000 per SFT. I assume, I may get a discount of Rs.200 on this price. Besides this project is approved by SBI, which is my criteria, as I would like to with SBI.
    Now, anybody can tell me what is the current running rate for 3BHK. I am looking for 2220 type of 3BHK. Is this yet approved by SBI? I saw some comments here in below. When this project will be completed?

    I was told the qualify construction of Sobha is good and their paper work is good.

    How is Prestige. Prestige is a big proect with 1000+ apartments. The Sobha Eternia is a small project with around 100 flats. Will it be an advantageous of investing in small property compared to a massive property. I am getting decent amenties in Sobha.

    Could somebody throw light on Prestige Vs Sobha. As this is my lifetime investment, I wanted to be absolutely sure that I am investing in the right property between Prestige Ferns Residency and Sobha Eternia.

    Any useful comments on the above points, would be highly helpful

    Rgds
    KVNS

    Reply
    • Rajesh November 11, 2013

      Hi,

      Quality wise I would rate Sobha much higher than Prestige. If Sobha is 9/10, Prestige would be 7/10. Sobha provides a lot of details to ensure the quality of the product. I do not see such details in Prestige or any other big builders like Prestige, Brigade, Salarpuria, Purva, Rohan etc. I would say finishing work done by Sobha is much better than any other builders. If you feel, I am blowing a trumpet for Sobha, Just go to any completed projects of these builders and take time in comparing minute details in terms of quality.

      One basic example I can give which anyone of you can easily compare is “Rate per Square feet” they charge. When Sobha launches a project with 6000/sq.ft this includes car parking charges, amenities charges, club house charges, one year maintenance charges etc. They only charge extra for PLC, floor rise and a maintenance deposit which will go into your association kitty. Even general charges like Water, electricity etc I found to be much lesser compared to charges levied by other builders like Prestige, Brigade etc. But you see Prestige/Brigade would say rate per sq.ft is 5800 and you think it is little cheaper. Then comes 3 lakhs for car park, 1 lakh for clubhouse, thousands for maintenance of first year, then maintenance deposit, then flat numbering charges etc.. OMG. Even government charges like water, electricity, legal charges charged by these builders will be more. So finally if u see the actual rate per square feet should be increased by minimum Rs.400 to even Rs.1000 more based on builder’s tactics of charging customers.

      Just go to the ongoing projects of these builders (Sobha, Prestige, Brigade) and compare cost breakup sheets they provide. 🙂

      Reply
      • KVNS November 22, 2013

        Hi Rajesh

        Thanks for the detailed reply.Any idea how is the mosquitoes problem in this area.I am assuming that the lake view that both prestige ferns residency and sobha eternia might not be good. My gut feeling is that practically all these lakes are not maintained and may be grooming ground for mosquitoes. Any idea on this. Lakeside view are being sold at a huger price. Almost freezing on going for Sobha eterinia. You have any suggestion similar properties of class a builder that I can compare

        Appreciate your views

        Reg

        Kvns

        Reply
        • sami December 27, 2013

          Infact the kaikondarahalli lake is the cleanest lake in bangalore. Read its resuruction story online to understand.

          Reply
      • Sheela Chitnis November 25, 2013

        The fact that Larsen & Toubro are the contractors, speaks a lot for the quality of Prestige Ferns !

        Reply
    • svk November 27, 2014

      This project is near Kasavanahalli Lake. Is that clean? Can someone please send the latitude/longitude or google maps link to the graveyard?

      Thanks!!

      Reply
  49. Barani November 6, 2013

    Hi

    I am willing to sell my 2BHK apartment in Prestige Ferns Residency Apartment.

    Interested people can call me @ +91 9886303180

    Best Regards
    Barani

    Reply
  50. Varma October 10, 2013

    There is a google group for this project prf_blr, you can post your queries there.

    https://groups.google.com/forum/#!forum/pfr_blr

    Reply
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