Prestige Group will soon launch their new residential project called Prestige Jindal City located on Tumkur Road. The project spread across ~32 acres of land will house ~3572 apartments in 1, 2, 3 and 4 BHK configurations with 15 towers spanning 2B+G+28 floors. The project in new launch phase has RERA application number as PR/KN/180305/002823
Prestige Jindal City Options
- 1 BHK – 607 sft
- 2 BHK – 984, 1072 sft
- 3 BHK – 1388, 1701 sft
- 4 BHK – 2200 sft
These are approx super built areas.
Prestige Jindal City Location
On Tumkur Road
[iframe src=”https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d15546.930877855051!2d77.47959722498956!3d13.05267765284236!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x0%3A0x0!2zMTPCsDAzJzA5LjYiTiA3N8KwMjknMTguMSJF!5e0!3m2!1sen!2sin!4v1521135274514″ width=”600″ height=”450″ frameborder=”0″]Key Distances
- NICE Ring Road – 1 km
- Bangalore International Exhibition Centre (BIEC) – 2 km
- Yeshwantpur Railway Station – 7.5 km
- World Trade Centre – 10 km
- Hebbal Flyover – 14 km
Prestige Jindal City Price
As of 3rd week of March 2018, pre-launch price of Rs. 4600/- per sft
What is the current price that Prestige Jindal City is quoting?
Hi, I have recently booked an 2bhk at Prestige Jindal , my issue is they have officially given me the receipt of payment even after a week . After lot of phone calls hot an acknowledgement on their letterhead promising an official email. Still not got it ,no response from sales people and my agreement date also not confirmed,even a week after payment has been realised.I don’t know what to do.
Hello Savitha:
Yes me too, booked a 2BHK (on June 15) and yet to get any further details including allotment letters.
for more detailed discussions, perhaps you can consider to join our facebook group as below
https://www.facebook.com/groups/2126902987323371
Hello,
Its a good project and has good connectivity. I just booked a 2BHK last week. Its built by L&T constructions, so quality wise i don’t see any problems. We have recently started a Facebook group for the owners and buyers of this project, please feel free to join the link is as follow, please copy paste to the browser and join the group..
“https://www.facebook.com/groups/2126902987323371/”
Buy only ready properties don’t buy under construction properties. pay for what you see and get.
san
File a complaing in RERA and consumer court for penalty and returning the money.
I booked a flat at Kew Gardens Bangalore by Prestige Estates ( hereon called PKG) thinking it would be hassle free exp and good to buy in. My agony started soon after booking. all terms and conditions are skewed in favor of PKG. No clarity on possession date, ceiling height, GST credit, etc etc.
GST Credit
Though I booked in 2016 and GST got introduced in Jul 2017, builder increased my taxes on bimonthly EMI by 2 % citing new GST law. Govt directive is very clear to not increase prices of under const properties. However, PKG being a listed company is going against the anti-profiteering clause of Govt of India and charging at 18% of construction which translates to 12% of total value up from10% pre-GST. No accountability for Input Credits.
Payment Terms
The payment terms are not construction linked and scheduled bimonthly. Though banks need construction updates to release funds – PKG wants us to push banks to release funds.
Ceiling Height
Being in close proximity to the airport, prestige was unwilling to share the ceiling ht we wd get inside the apt. every person individual buyers interacted with got different nos based on their mode of the day.
Alto v/s Merc
when we asked too many queries post booking – we were told we paid for Alto and expecting a Merc. This language is kind of demeaning their own projects.
Channel partners
They have engaged multiple Channel Partners which benefits them. When we book initially through them – we are offered incentives like a discount of 50Rs per sq ft, no floor rise etc. However, this discount is not upfront. We first pay to Prestige who after sitting on the amount for some time ( until agreement) – and are promised cashback post that. However, this cashback never comes. It would be foolish to believe that this scam is run without the consent of PKG. Bookaprop, Proptiger, etc are some names os such esteemed partners. Even after 2 yrs of booking – buyers are waiting for this cashback.
Worst CRM
I do not know why they need a CRM team – there is nothing to manage except forwarding emails and making buyers wait for responses.
Nishrah, Aamera, Monika, Somali, Harshad, Sujit, Subh – we dealt with all of them – they are hell-bent on breaking buyer unity. We dealt with all of them.
Unprofessional Agreement
Initially, we refused to sign the agreements as the line items were skewed in their favor. They were asking us to get furniture from their preferred vendors (at exorbitant rates – we all know). They agree to strike of that clause and made it optional by issuing an addendum to the agreement – which was so unprofessional that it did not have the name of the signatory.
These are some of the pain points that have gone into my buying of an apt. I wish no buyer have to go thru this. Anyone to buys an apt pl consider above before buying.
One thing is very clear here – whether you buy from a big builder or small – any city in India – they will talk sweet until they get your money. Once booked you ar on your own.