Prestige Song of the South is yet another pre-launch from Prestige Developers. Prestige Song of the South is a residential apartment project located off Begur Road and adjacent to the Begur Lake. The project spread across ~33acres of land will offer 2234 apartments in 1, 2, 3 and 4 BHK configurations in 16 towers of G + 15, G+17, G+20 floors. Expected commencement period: January, 2016 with completion in 42 months + 6 months grace period.
Prestige Song of the South Options
- 1 BR : 644 sft – 967 sft
- 2 BR : 1197 sft – 1241 sft
- 2 BR + Study : 1358 sft – 1376 sft
- 3 BR : 1583 sft – 1634 sft
- 3BR + Serv : 1902 sft – 1933 sft
- 4BR : 2462 sft – 2467 sft
Prestige Song of the South Masterplan
Prestige Song of the South Location
Overlooking Begur Lake, approx. 2.5 km from Hosur Road, 1.7 km from Manipal County and 3.8 km from Royal Meenakshi Mall on Banneghatta Road
Prestige Song of the South – CDP Map Overlay
[suffusion-widgets id=2]Prestige Song of the South Price
As of 3rd week of August 2017
Rs. 4971/-sqft Including of a Basement Reserved car parking.
As of 4th week of July, 2015. Pre-launch pricing expected around 4500/- per sft
Floor Rise Charges: 15/- per sft
Car Park: 3 lacs
Booking Amount:
1BR – Rs. 200,000 / 2BR – Rs. 300,000 / 2BR+STUDY – Rs. 400,000 / 3BR – Rs. 500,000 / 3BR+SERV – Rs. 600,000 / 4BR – Rs. 700,000
Prestige Song of the South Investment Plus Points
- Proximity to Electronic City
- Easy access to NICE Road
- Located equidistant to Bannerghatta and Hosur Roads
- Near to the proposed phase 2 metro station at Chikka Begur
Prestige Song of the South Concerns
- Share with your comments
Is there any resale 4BHK flat in Phase 1 available for sale? Please drop me a note here:
Thanks,
Muthuraman
Is there any resale flat available for sale
Hi all
I am interested in re selling my three bedroom apartment 1603 Sq feet on the 14 floor
Please contact me on 00971508185062
hello, even i am intrested in this project, can anyone tell me about the payment options?
I am looking to sell the apartment in this project. I booked on the prelaunch date. Layout plan is 1374 sqft. Flat number 15046. Contact me if interested.
hi, what price are you expecting chetan, prestige person told me that there is transfer fee for reselling the apartment. how much will that be
Satyan
can you give me your details so that I can call you
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 and accept it and next time they will give the contract to someone else and promise to finish it within the promised period and this cycle will never end. Prestige has time bound payment and the customers are the ultimate sufferers. God save the common man.
Hi nanda,
thanks for the update, i have bought an apartment at DLF in the vicinity and booked one 2 Bedroom for investment in Song of the south. i had a bad experience from DLF but at least prestige has started construction for song of the south and i see L & T team working at the site. prestige has better reputation than anybody in the market, i am hopeful that even if little late i will get my apt. with better appreciation.
another builder Mantri Pinnacle the building is just standing as it is since 2014 and no development.
i am very positive and hopeful to get my home on time
Sarvana
So look like prestige construction is ” A figure among cyphers”.
someone we have to believe to make equal wealth and prosper together. otherwise, next generation will say “what have we done in our Life, when there was an opportunity to create more and More”
hope you agree
The Model unit with ravishing Interiors enhance the appearance. I would suggest you must and should visit the place ones, 1Bk of 644-Sft is also looking so specious and ventilated with one balcony, I was very much surprised.
We have a group for owners at psos , join https://www.facebook.com/groups/474297366103107/?fref=ts
Hey Deepak.
Even I had the same question.! I have browsed a lot about this project. It is because my wife working at electronic city and my office is at Bannerghatta Road . I would be looking for a branded builders only, I got to know very few names in the market, Prestige Song of the south is one of them. Project is Impressive you should visit ones for better understanding still it is in pre-launch only what i have heard they are launching it soon may be next month April 2016. there model unit is also almost done. would request kindly visit and share your experience.!!
hello pratap,
i went to prestige office yesterday and found that model apartment will be opened for viewing from April and they are planning to increase the price by 100-200/-sft. we just blocked 2.5 bedroom in tower no. 17 and should be booking before month end to get benefit of price.
hope to see you in this community
Hi mks,
Could you please let us know how is the location,sorrounding areas and the approach roads to this project ?
Thanks,
Amar
I had first visited in Aug, 2015 during the very first pre-launch week and we were told the prices would go up in Jan, 2016.
Prestige still selling in same price today too. I am unsure when the price will go up.
I mean to say, one cal buy today in the same price as compared to 7 month back price.
Buy it for the sake of your own living and not expect any dream prices.
How much was the price quoted then, they are offering at 4750 now, a leading website is ready to offer 1% discount on what prestige is offering.
I visited the site yesterday, the best part I like about the project is that they are giving huge amenities with all the facilities, like club house, gym, children play area, swimming pool and many more, that too without any membership charges, and lots of open space is available, and I observed that lake is also near by, over all its seems to be good.
New to Bangalore/RE..?
I about to book Song of the south, I liked the location , As per my research Infrastructure , Like approach road From Minaxi mall to akshay nagar is improved, I can see road which connects to kudlu gate via begur lake also been done.
I was more concern about approach, which is getting developed. Believe Price and Project wise it’s a nice option. Kindly Suggest If anyone visited to site.
What’s the price?
unstable price
correct, small time builder is also asking for more than 4500 persft and prestige offered me at 4650 to 4850 on the tower and apt location, seems acceptable rather than bad quality from snn. owners arent happy there at all
i somewhere agree to this observations of bad quality from snn. let us pay little extra and be associated with some Honest builder with better open area which is a key for any community
Sarvana
I request you to join the google group and further in WhatsApp. Your opinion and view will benefit other.
https://groups.google.com/forum/#!forum/psots_owners
yes, even i went near DLF/Hiranandani, BBMP has built a new road which intersecting between DLF. the approach to this road will be far better from Bannerghatta road to Begur Koppa road. Believe that prices would also go up both DLF and Hiranandani has delayed their project by more than 3 years. i feel prestige will not meet dot timelines but given the current situation we can believe prestige than any other small time or outside developers.
Hi Vandi,
It is very difficult, I heard that prestige sister concern is also SHARING the brand of prestige and “prestige tranquillity” is not of prestige but it belongs to Prestige Sister Concern. please go forum of “prestige tranquillity”
you yourself will understand.
http://www.mouthshut.com/review/Prestige-Constructions-Bangalore-review-rttssmqtos
a sample is attached for your reference.
regards
We should beware of any builders. we do not know anything can happen even in prestige case too.
Regards,
From where you get that news about prestige sister concern etc. Please don’t cook false stories.
Not even mouth shut link which you shared is saying about this. As I am part of that group (prestige tranquility) even all other few project owner group subscribe in the search of property, however I did’t hold any till now.
In PT there is number of problem with the builder side and fighting with the builder and I didn’t get any builder as per my search where every thing is fine or up to mark, no one means no one.
But PT land is fully owned by Prestige only no owner share or sister concern thing.
About “Chicken Feed Factory” and breach of the trust , I have sympathy with the poor customer but as the hard fact is He is only responsible for own decision. Is Prestige given on written that chicken feed factory will be shut down or shifted? Is prestige is the owner of that factory if not then HOW YOU buy that argument. How you can blindly believe words which don’t have any authenticity?
Similar case same time when brigade launched BGT sales executive told me Sir launch price will be not more then 3000 rs/sqfeet believe me. I asked him to give me written commitment on authentic letter head. They denied and I didn’t book on BGT and they launched on 3700/- where is the breach of trust if I booked blindly on whatever sales guy is saying.
Hi Sam,
One of the marketing guy cooked the story. After going through your comment I understood about the PT project.
Anyway thanks for your valuable comments.
I visited Prestige song of south last week feels It is best project in locality as per the floor plan , Pricing concern.
hi,
has anybody visited the model apartment of prestige song of the south. everyone in our apartment is appreciating. offer at a right price
i believe Prestige Song of the South is best option in this area. By looking land issues in hiranandani and DLF.
How did you come to know Prestige Song of the South has no issues? Are you provided with the land owner – builder agreement and development agreement and other legal documents for verification? Do you know the % of share (number of flats) of land owner? If you have verified the documents please let all others know. it will be very helpful for other buyers?
Were the land issues in hiranandani and DLF were know upfront during their launch and pre-launch? If so why so much of crowd brought that apartments? Are Hiranandani and DLF not a reputed builder? And why land issues cam to limelight later?
Any piece of such proof will be helpful to all in this forum. Thanks in advance.
hi perumal,
have you bought apt in song of the south, i have just joined the group and finding that you have too many doubts and your comments are really not very convincing, they are discouraging us being a first time buyer in song of the south. i have got the legal cd and it has been verified and cleared by our lawyer.
i am sure you are not the owner in song of the south and maybe someone from the competition,
please spread positivity and be optimistic
Here is an interesting Link: http://www.newindianexpress.com/cities/bengaluru/Two-Major-Multi-crore-Housing-Projects-Stayed/2015/09/02/article3006210.ece
Seems the High Court has stayed the construction of DLF Project , which is very near to Prestige song of south. Reason is that the road connecting Horamavu and Begur is a 3 km stretch and its width is 9.6 mt. This width only permitted construction up to four floors. Oh My god!! I was not aware of any such rule or law.
What’s the width of Koppa road ? I am not in Bangalore and have never visited the site by myself. Is there any scope of road widening in future?
regards,
Atul Gupta
They have been promising road widening for last 10 years now. It will never happen due to vote bank.
I dont understand why would people invest in this project when similar project which is already completed in SNN Raj serenity is going at the rate of 4600 and that too is negotiable.
Dear Shailendra,
Thank you very much for providing valuable information. You might not have seen the SNN area before construction, had you would have seen, you would have never recommended like this.
Anyways its individual choice…………..
thank you.
Ok.. I see a vested interest here. In my Opinion begur road itself and surrounding areas have no future. Prestige tranquility is delayed. Mantri’s projects are in doldrums. So talking about A grade builders and their promises is a farce. Bangalore reality will be in slowdown for atleast 3 years due to over supply. So why put money in a under construction project. Buy in a completed project and you can get atleast 10 -20 percent price lower than builder from a so called investor in the proejct
Hi Shailendra,
Thanks for your opinion and concern, I want to give an example to you, to make a dosa all the ingredients are same in almost all the shops. Whereas why people choose their particular favourite shop, though the delay in service and over crowded and no place to sit, even then people give importance to their taste. For example Dosa Camp in 4th block, Coffee Katte etc.,
Over all I want to convey you that, people are ready to sacrifice anything but not their taste. So why can’t you take in that sense.
Hi Atul,
Please do not worry, BLOCK A & B was handed over to Customers, rest they have issue. It is not only because of road, for some other reason too. Please don’t get panic yourself.
regards,
Lakshmi Bai.R
hi atul,
one of my friend lives in DLF. In fact, DLF has already built wide road between the project which will connect Begur -Koppa road and its Govt road meant for public traffic. maybe song of south and snn will have better connectivity in future.
Satyan
Hi Deepak,
Proposed project is yet to get ready, it might take till 2019 and beyond that also. All of us are commenting both pro and corns of the projects….
What exactly you are looking from us….. Please specify……else…. Google.
If we share anything then Mr. Danny may think that we are advertising for Builder.. Danny please impart your knowledge to Mr. Deepak.
Note to Prestige : Please recognise Lakshmi & Sathyan as your marketing rep……
already 9 owners joined.
genuine buyers please join.
https://groups.google.com/forum/#!forum/psots_owners
Anyone can join this owners group… this group should have proper mechanism to authenticate the subscriber. Hence the discussions may get distracted and information shared may not be authentic.
it does not take much time to flush out fake guys.
if you booked then please join -:)
Hi ,
I had been to the site yesterday and the property looks good in my perspective, and looking forward to book a 2 BHK apartment in the project. The pros are
1) Open space in the project and the amenities.
2) Flagship of prestige Group who has developed more than 191 + projects .
3) Timeline of the property spread over 3yrs 6 months so that i can plan my finance and my loan/ liability can be limited.
.The sales rep has told me that the road is proposed to widen up and once its done , its going to be a land mark development. the road leading from Akshaynagar is getting widen up and Govt has started the Work on the Same and i have witnessed the same.
This area will witness development due to alternate route from other areas to reach Bannerghatta road, while the Metro work is getting started on B.G. Road
Hi Ashu,
Hope so but unless road is widened it may not happen.
dont know who is the actual owner and marketing rep, but perumal is not definitely an owern in song of the south, i feel perumal is some competitor who is trying to spoil others mind,
Mr. Vandy,
I considerably agree with you, even then it is good for the buyers, we must thank him for educating us.
Mr. Perumal kindly provide your contact no. please.
Best Regards,
Read how Prestige has come to such a low level that even 3rd grade builders are struggling to achieve:
https://www.facebook.com/Prestige.group/reviews
In the name of apartments, they have started delivering godowns. Be careful with so called “A-grade” builder. Some of the photos and details of their about-to-be-completed project posted in their facebook page
Hi Nand Kishore,
I totally agree with you, as I mentioned my comments to Mr.Vandy on 17.03.2016, after mine your comments also same.
Overall, Prestige Song of the South is awarded to L&T, where as “Prestige Tranquillity” builder is different.
Here we have relaxation that Prestinge SOS is constructed by L & T.
Thanks.
Those who have booked in Prestige Song of the south should join the exclusive owners google group. Here is the link:
https://groups.google.com/forum/#!forum/prestige-song-of-south-owners
See the discussions here
http://writeanbhu.blogspot.in/2015/07/prestige-song-of-south-pre-launch-begur.html
The project is situated just next to the largest garbage dump yard of south bangalore – S. Bingipura. Many buyers don’t know and are buying this property without a proper research. Already many of the nearby apartments like SNN and the ones in E-City Phase-1 are facing the unbearable stench from this dump yard. But still the pre-launch price is as if the locality is a posh one.
Akhilendra,
S. Bingipura is near anekal and PSOS is in off Bannerghatta Road (3 kms behind Meenakshi mall) ,,,, ,
don’t understand the proximity to dumping yard …..
there are already 1 lak apartments for sale..bcoz they do not have any buyers..so think before you can book,
my sincere advise is to stay in a rental apartment for 5 years and see the development and buy a ready to move in if anyone is very keen on prestige..else avoid..people wrting in this forum are all brokers/.investors..so please be careful..dont look at the blog and book..
Hi Friend,
I actually live next prestige song of the south from last 4 years but I haven’t seen any dump yard in the nearby vicinity. In fact close by there are many apartment blocks and Independent houses where prices in the last 3-4 years grown drastically. I have booked one apartment for my sister living in USA and they are planning to settle.
Also, I have read lot of reports on Garbage management. Recently, Commissioner BBMP Mr. Nayak has clearly mentioned that there are no Garbage Dump exist in Bangalore. All the Garbage collected in the form of Dry and wet waste is immediately sent to processing units.
Happy to share
Rgds
Sathyan
Thanks Sathyan for the input.
But looking at the reality, currently the garbage being dumped is apprx 3km (by the shortest path), and it has all chances the plastics will pollute the ground water in near areas. it is a risk. Garbage dump situation in future shall be realized only after practical actions and not relying someone’s statements.
Also there is no cauvery water and all these huge apartment clusters will rely on ground water. Risk.
Hi, thanks for your quick input.
but our community is getting cauvery water and my friend lives in Prestige Notting Hill bannerghatta road, they are also getting Cauvery water. Also, water table is very good in our apartment block which is next to song of the south.
I think lets be positive because sarjapur road, marathahalli where Lakhs of apartments are under construction without having Ground water, and Cauvery water. Compared to that area is far better than any other locality in Bangalore.
This feedback will help us stay together
Rgds
Sathyan
I like the way the discussion are healthy to fold/unfold facts and issues.
I never knew there is cauvery water available near that area. Thanks for the input.
Do you know even SNN has cauvery water?
And I agree with your point ” sarjapur road, marathahalli where Lakhs of apartments are under construction without having Ground water”
correct, they are also out of my specially, i went there for survey and they were all above my budget.
Any info on Metro phase 2 which is planned on Bannerghatta road, someone told me that it is on fast track and we can see line ready near meenakshi mall by 2020
Hi,
Already that Garbage area is filled and at the most it may have a capacity of another 6 months. After that Govt is going to construct beautiful park over it.
Even if it takes 4 years to construct a park is added beneficial to the SNN AND PRESTIAGE AND OTHERS.
beautiful park over it…LOL…
What happens to the garbage below the park..still vulnerable…
But where is the proposal to construct a parlk there? Just a biased comment…
I request buyers to be very careful and serious about this garbage dump
Hi,
Where exactly is this garbage dump ? Is it near Prestige Song of South?
Regards
Sudarshan
https://www.google.co.in/maps/place/Bettadasanapura+Landfill/@12.8344576,77.625701,17z/data=!4m2!3m1!1s0x0000000000000000:0x87d24ce3a7177f8a?hl=en
Hi SS,
Where begur road connects to electronic city road and this garbage is there towards bannerghatta road.
Hi,
as per my info there is not dump yard near song of the south. i stay next to prestige project and have booked 1 apartment there too. In fact, dump yard is near Anekal which is very far from this place. I got very convinced with breeze that you get in song of the south site and it also comes to our current apartment from Hulimavu lake area.
Sathyan
Per me it will be apprx 3KM away from Song of the south
it is at least more than 5-6 kilometers from snn and song of the south. very very far it is not a matter of concern at all
Hi Vandy,
Please follow the link. I did so and found it is exactly 4.1 kms.
Note the road is not straight. If you see the geographical short distance it shall be 3 kms only.
The pollution of the ground water doesnot spread via the road, it just takes the shortest path. I am sorry that I am unable to educate you on this.
That was my point. If you are sure its more that 5-6 kms, provide a google map link and let me understand and agree to that.
https://www.google.co.in/maps/dir/Prestige+Song+of+the+South,+Begur+-+Koppa+Road,+Bengaluru,+Karnataka/Bettadasanapura+Landfill,+Begur+-+Koppa+Road,+Bettadasanapura,+Bengaluru,+Karnataka/@12.8485912,77.6083991,15z/data=!3m1!4b1!4m14!4m13!1m5!1m1!1s0x3bae167bcaa51bfd:0xc394a8cc640a118b!2m2!1d77.6139758!2d12.8619612!1m5!1m1!1s0x3bae6b0a260fb741:0x87d24ce3a7177f8a!2m2!1d77.6252934!2d12.8351796!3e0
I dont mind some one calls me a competitor. The reality of the above information shall be verified.
If this is true, can I term you are a representative of Prestige and not a buyer.
Nevertheless I have agreed in earlier post the garbage dump is stopped. Thanks to Lakshmi for providing the info earlier. Further I inquired the information to be true. hence NO further possibility of this garbage spoiling SNN’s owners or PSOTS.
Thanks Lakshmi that I am able to educate.
I believe on the realistic data and info; everything else I doubt. Do you have any problem with this?
Finally I NEVER said in this forum, not to consider PSOTS.
Hi Perumal,
Expected answer, please check there board also fixed one the boundary of walls.
“Proposed Park”.
Please check and give your reply, for the sake of replying you can anything as you wish.
Truth is Truth always.
Lakshmi,
I had earlier criticized on your post regarding “Proposed park in current garbage dump area”.
I heard from my colleague (who travels in that road regularly), dumping og garbage has stopped and they started developing hat area.
It seems no more dump of garbage there.
Still I keep my fingers cross until the garbage gets cleared and part development starts.
I will be much more happy at least the garbage cleanup happens. 🙂
thank you perumal for your correct in put. one of my friend also travel on the same route to infosys, he mentioned the same update
Hi Vandy,
I also travel in the same route. As far as I am concerned our project may be given only in 2021 till that time lot of changes might happen.
The person who keep his fingers cross may also get many surprises tooooo.
Has anybody booked apartment in Prestige Song of the South?
I have already booked let me know if anybody aware on any Prestige Song of the South google group or any other buyers group?
Yes, Sir,
I booked 2 bed room apartment in Tower One.
Thanks…
I have booked in Tower 11. Is there any Prestige Song of the South google group or any other buyers group?
i have booked in tower 11 too.
i have created group in google.
can you/all please join the group.
prestige song of south owners group
https://groups.google.com/forum/#!forum/psots_owners
Unable to join/view the group.
getting “Error while trying to send message”
4 people have joined the group.
others please join.
I alreredy purchased mahavee plats sorry friend
Anu,
Do not give your comments……………….. when you are not in prestige group.
Thank you for the disclaimer. What price currently the flats are sold? Is 4500/- true? I read some sites quoting only 43p00/sqft? Is the agreements are executed or did you get any communication further to booking settlement?
I paid 4650/- for 3BHK in Tower 11 + Floor Rise charges.. They told Tower10 is 4500/- and Tower11 is 4650/-
can you join?
https://groups.google.com/forum/#!forum/psots_owners
Since this is joint venture, does anyone knows who is the land owner? Had details talks with the sale representatives at site, they are even unclear on this. Also, they are not even willing to share the copy of JDA which I believe is a pre-requisite for applying approvals in a JD projects… Also, has anyone got copy of mother deed of this property?
NOT yet, they said that the documents will be provided in the last week of december
I want a peaceful house in Bangalore. I felt Prestige is good
Home will be peaceful if you have inner peace and one small factor contributing to mental peace maybe a small loan.
Some people achieve that inner peace by tying their lifetime with 1-2 lac EMI.
Hi,
I feel Prestige is the best option to buy your home in Bangalore. eg. my friend had booked an apartment in Notting Hill Bannerghatta Road for Rs. 3345/-sft and today it is priced at Rs. 7000/-sft. As mentioned above, i have suggested to buy one in Song of the South bcoz it offer perfect sizes and vastu compliant apartment with more open space.
Must buy
Sathyan
Hello Sathyan,
Vastu compliant is not true.
when I visited the site, there was another client was saying “he is looking for strict vastu and he is not satisfied with the vastu” and client walked away. If it is vastu compliant, the sales officer would have given the justification. But sales office attending just let the customer to go off.
Hi Perumal,
God has created all of us differently. No House in this world 100% Vastu Compliant.
Wherever we read your mail it is demotivating the customer. Please kindly put an end to it.
I want to narrate a small story, Once upon a time in Chennai those who had house in Velucherry is rich person today it is vice versa.
Hence please avoid negative no one knows there destiny.
I have narrated what happened in front of my eyes. henceforth I dont want to discuss it.
I am not a believer of Vaastu, but wrong claims are to commented.
Hi Perumal,
Before booking the house, I asked my agent which covers at least basic Vastu,
Like East Facing And Kitchen……… he opted the same for us.
Anyway thanks for your concern. It is true that most of the houses are not vastu compliant.
Individual choice, some may like south facing…. too….
Hi Perumal,
Have u booked an apt in the project? I read only negative comments from you. Please do not deceive/ Miss guide the customers. Please discuss pro and cons so that an individual can evaluate and take decision accordingly as per his need. What is wrong for you may be right for others.
No I have not booked. For those already booked there is owner’s group available mentioned somewhere in this page.
I commented previously that the flats are not fully vastu compliant.
Later Lakshmi mentioned “It is true that most of the houses are not vastu compliant.”. (DECEMBER 17, 2015).
If you are sure it is compliant then mention here. That is the way the discussion should happen. Please comment on the property and not on the person.
I have my own views, if the reality is other way please add comment.
What is right for you may be wrong for others
e.g. see my post on AUGUST 27, 2015. Which is supporting you point #3…and that was done 4 months back. 🙂
Please comment where else you need clarification my comments.
Satyan/Lakshmi,
Why are you marketing this project so aggressively?
For the whole of past 3 years, appreciation has not been more than 15 to 20%. Any normal person with minimum knowledge, with under the current dynamics of RE.
@Genuine Buyers: Beware of the marketing people like Satyan and Lakshmi. They don’t even want discuss the facts here(eg. Vaasu compliance).
@ Lakshmi: objective of this forum is not to market / motivate the innocent buyers, but to throw light on the product that will help the buyers to make a good decision.
Hi Danny,
I have posted last time comments, but to my horror its not showing here.
Anyway, I want to tell you one thing, what ever we are commenting, its genuine. If you are unaware of it, kindly get it rechecked yourself and then post it here.
Customers are king, they know what they need and where supposed to invest. You are basically more educated, and trying to educate the educated ones. Also you are commenting as such you are aware of the things.
Regearding Vastu = Most of them need south facing houses. (They know what they need, and they are smart to take out their investment).
Danny Facts seems to objective of marketing then you need to be enhance your study in the real estate field.
Investors beware people like Mr. Danny wants to mis guide you…..
Prestige please recognise as for being marketing for your project.
Thanks….
Right Lakshmi.
Everyone need to mention ONLY their perspective, opinion and preferences. Cannot comment on others preferences and beliefs.
If someone opposes others comment, please do so with justification. (e.g. someone wants to prove vastu compliant, please mention how various aspects of vastu taken care. If someone wants to comment on price put a comparison factors). This will lead to know pros and cons.
Vastu is efficient architecture of receiving and utilizing sun light and ventilation. I prefer sunlight in the morning, hence if choose a west facing house it receives good sunlight in first half of the day. And morning sunlight is good.
See the post “Anu JANUARY 2, 2016”
this person never participated in any discussion in this page. But suddenly saying he bought somewhere else. Who is bothered where the person has bought it. This person dint add any value to this forum, instead trying to bias.
Thanks for your genuine and prompt reply.
I have below questions in my mind, any body in this forum can help me out.
(1) Bannerghatta Road was widened by shifting electric polls….. is it only widening the road or initiation of Metro Train from Dairy to Bannerghatta.
(2) On the same road side I also saw big metal water pipes is it cauvery connection.
Please help….. if I came to know I will also share with you all……………… received message………………….
Fingers crossed. Announcements, initiatives, directions, notices are mere process and documents until becomes true.
My take would be “wait for the reality and not to forecast.”
http://timesofindia.indiatimes.com/city/bengaluru/Bangalore-Metro-Rail-Corporation-moots-mid-air-interchange-station-at-Jayadeva-Circle/articleshow/34992783.cms
http://www.bangaloremirror.com/bangalore/others/Metro-scales-new-heights/articleshow/48518072.cms
Can any body say, as of now, what is the
1.guidance value in this area as of now
2. stamp duty
3. % Registration rate
what would be the cost of registration, stamp duty, service tax, VAT, TDS and any other government charge for 1300sqft.
Very uncertain pricing information:
4300/sqft -> as per http://www. propreview.in/bangalore/prestige-song-of-the-south
4500/sqft -> as per many other real estate websites
4800/sqft -> as per the Prestige the new recent booking of Tower 17 and they rule out the price 4300/sqft
To my Idea, it can be Marketing Trick…. They are showing high sales on papers, when PLH is hangling around 5000 rs how come PSOF be charged 4800. Possession is 2020, all the best who have booked and taking loan…
Prestige always acts as if the apartments are selling like hot cakes.Saw similar rush when they launched Prestige Ferns residency,casabella,others….Remember being prestige customer,they are not gonna deliver on time and there installments are time bound….They are finding it hard to deliver 210 apartment projects ontime…..
This is common, for all the builders…
Nothing new, all the investors knew that what is market…..
http://economictimes.indiatimes.com/industry/services/property-/-cstruction/karnataka-government-rejects-prestige-estate-projects-claims-over-3-23-acre-whitefield-plot/articleshow/48522938.cms
Hi Neha, How does this issue matter to builder and investors? Investors already became rich on papers, not in reality though.
People continue to trust prestige blindly and keep buying from them.
Another News…. This could be PLH… 🙂
http://www.thehindu.com/news/cities/bangalore/notices-to-two-builders/article7500985.ece?ref=tpnews
Neha,
It is very old news, bring some interested new news, so that we can open our eyes, on the new issue.
It is also history, and Govt not named any builders in that news.
does this mean some concerns about the Prestige?
Why not?.. There one of the project is seized by govt.. Are they giving any single document when you book? ..No, project has not got full approval…This project is awaiting BBMP approval, so the PLH (according to posts in that page)… And they are asking 20% as booking amount…
Hi Neha,
It is history, but literally they delivered the flats to customers.
All these concerns were same when Prestige had launched Tranquility Project near Hoskote area (Budigere Cross). Currently every one is waiting for completion so that they can move into it ASAP.
People who have been booked for investment are suffering most as They have delayed the possessions of 1 BHK Unit by one more year. I have booked in Tranquility for living into it and pretty satisfied the way things are moving there (if compare to Cape Cod project executing near to my current living place).
I would suggest, please do not book for investment but for your own usage for that case pre-launch is really good option to book.
gk where do u stay. In an apartment or a villa.Substations r necessary evils in Urban Development. Whoom r u trying to fool.
i had been to this project yesterday.
they have opened tower 10 for 3bhk booking.
they kept some open space (number 5 in master plan) and marked as SERVICES
when i asked about it, sales guy told it is bescom transformer area.
if i do some calculation, it will be like a yard of mini substation.
total apartments 2234
kva for each apartment is 3 to 10 KVA
average kva is around 5KVA
so total power this apartment need is arround 2234*5 = 11170
add another 1000kva for common area so TOTAL IS 12000KVA
12000KVA POWER STATION IN YOUR BACKYARD FOR TOWERS NEAR TO THIS
this will affect health due to EMF AND NOISE in near area.
what an irony this is designed by so called “international architects”
guys pre-luanch does not mean they are giving for free!!!
How else you would plan.
That’s normal. It’s just a transformer and distribution panels. Its not a power station.
All cables will be underground.
keep them distributed block wise.
why to put high energy equipments all in one place.
What you get from Bescom is 11000volt or 30000volt line to apartments, which has to be step down using one or two transformer to 230v for distribution.
I don’t understand what’s the problem here.
Hi GK,
You mean to say block wise danger zone has to be marked.
Hi,
I think some Electrical engineer should explain the power distribution to my friend above. This is pretty common in any community. In fact, our mobile phone has more radiation than transformer.
As i have understood, it has been designed at corner of the project and only few units face this grid which will be completed covered with green space.
Rgds
Sathyan
Fully agreed with sathyan
The Project can be best compared to SNN Raj Serenity in the site locality.
(1 means win, 0 means loose)
PSOS SNNRJ
Land/No of flats Ratio 1 0 (snn 100 flats/acre, Prestige 70-80 flats/acre)
Amenities
Club House 1 1 (both have good club house)
Tennis Courts 0 1 (snn 2 cours, prestige 1 court)
Basket Ball court 0 1 (Prestige no BB court)
Garden/open space 1 0 (Prestige has better open space)
Price 0 1 (SNN price is around 4000-4500 rs/sqft ready to move in, prestige charging too much and towers opened for booking is not good ones)
Construction quality is good for SNN and it was one of the most awarded project in affordable segment. Their club house is one of the most attractive club house in bangalore (1 lac sqft) with all facilities.
Clearly SNN winning in all aspects, prestige is charging too much for the locality. Road near Begur is extremely narrow and there are not proper street lights in night.
Prestige does not have MIVAN construction for the project, so there is high chance of delay. And maintenance charge is more than 4 rs/sqft.
One word – Too Costly in current market condition when the promised possession is 2019 May.
+1 for SNN Serenity.
When you can get a ready to move project at a lesser price, why do people want to buy here and wait for 4-5 years.
(Iam talking about end users and not investors 🙂
You are right on price, but it differs in 2 ways.
1. The quality, amenities, open space, and class of living. Please visit any other Prestige and then compare with SNN.
2. 4600/- for immediate possession. This mean one need to pay all the amount in a month or two. Where as there are people who does not have immediate money, but they know over a period of time they will get the same. (e.g. have a house , and selling tis will take many months). See the payment plan for Prestie, spread across till its handed over for possession. Most builders collect money for each slab, and collect 80% money in half the tenure of construction.
There are good &bad and according to individual’s situation. We cannot bank on one view only.
Hi,
But i was not convinced with SNN presentation of apartments, quality and availability. They showed me some apartment which are NICE road facing having terrible and unbearable vehicle movement noise all through the day. Also, the block at entrance has lot of noise from vehicle on begur road and plenty of dust accumulating in the balcony and windows.
In fact, prestige master plan was very good as they have tower completely away from any hustle bustle of traffic and dust.
think before you buy
Sathyan
Thanks for the input.
I think the project is very high priced considering that they will deliver in 2020. (I am assuming a minimum of 6 months delay). Also, on the Begur road, SNN Raj Serenity is also coming up with 2500 apartments. Consider by 2020, we will have 5000 families on that road. Lot of traffic hassles and infrastructure issues.
Hi,
Price in this area will surely improve in near future. A category Builder in that area is around Rs. 6000/-sqft. therefore, if i invest in pre launch then my benefit of buying in pre launch will automatically give your appreciation by 1000 per sft.
Regards,
Sathyan,
Refer http://timesofindia.indiatimes.com/city/bengaluru/Govt-defers-hike-in-guidance-value-home-buyers-relieved/articleshow/50082875.cms
It says “The number of property transactions fell by at least 1 lakh in 2014-15 compared to 2013-14”
Do you think withy this trend 4500/- (just a starting price) is fair?
I request you to post which builder is quoting 6000/sqft @ pre-launch. if so is Song of South is comparable with the hi-fi amenities provided by other builder?
The price of 4500/- for this project, 6000 by another builder and 1000/sqft appreciation are mere hype.
Real Estate Bill is on the anvil. Now, home buyers have all the reason to POSTPONE their buying decision.
Nine ways in which Real Estate Bill will help homebuyers
http://www.moneycontrol.com/news/business/cabinet-approves-real-estate-regulationdevelopment-bill_4525121.html?utm_source=ref_article
Given the fact that it directly affects the buyers, I believe, no major party will take a chance to oppose it. They obviously don’t want to lose middle class votes.
HOME BUYERS must wait for few months.
hi perumal,
kindly visit Valmark Apas and other projects from Valmark group, they are quoting 7500 sft for Apas and 6000 per sft other ready projects which has very little open space and tiny apartment complexes. Also, Hiranandani and DLF are quoting much higher prices but i dont believe them as they have lost trust from all owners and i have so many friends booked with them and they are waiting to get possession since 2013.
looking for some positive inputs from Perumal
best regards
Adjacent apartment SNN, quotes 4600/- for ready to occupy.
Though not equal to Prestige, reasonably good open space and construction quality and spacious apartments. in fact, their quote has come down from 4800/- to 4600/- recently.
3 BHK Flat for sale in SNN Raj Serenity. Area: 1830 sqft.Contact me @ Handover for woodwork expected by Jan end.
Some comparable projects, their distance, prices and status.
Source: CommonFloor
Salarpuria Greenage: 6900/sqft (5+ km away in Hosur Road)
Hiranandani Hill Crest & Club Meadows: 5875/sqft (2 Knms away close to Akshaya Nagar)
DLF Westend Heights: 6500/sqft (3 Km away in Akashaya Nagar)
What a disparity in price!
Status: Given possession or ready for possession or about to give possession
Hi Perumal,
Please go through
http://timesofindia.indiatimes.com/city/bengaluru/Guidance-value-to-rise-10-30-from-October/articleshow/48877511.cms
Hi Sathyan,
I fully agree with you.
hi Lakshmi,
thanks for your support
real estate market already in recession but builders are putting all efforts to keep
the price upwards.
it is too long to wait, possession by mid/end of 2019.
it is already overpriced.
Hi gk,
Kindly do little more research in this area. i am sure you will able to find some good options. but for prestige was a good choice i get pay in instalments and doesnt really hurt my financial planning.
i am very hopeful that Bangalore Metro Rail Phase 2 on Bannerghatta Road will give us good connectivity with rest of the town and appreciate our investments.
can you share some information Metro phase 2 from Gottigere to Nagawara Hebbal.
awaiting
Hi Sathyan
As for as i am concerned i think there is approval for metro from dairy to bannerghatta. They have taken soil test 6 years back.
Now they are widening electrical polls reason is Not known.
Thank you…..
How is this project