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Price Competitiveness
LOCATION QUALITY
BUILDER PROFILE
CONSTRUCTION QUALITY

The Project Site is located on Thurahalli Road, Subramanyapura, Uttarahalli, Bangalore, Karnataka, India. The Project Site is accessible through a 40ft wide Thurahalli road. The Project is located very close to Subramanya Temple and Subramanya Police Station and is just 500 meters off Subramanya Main Road. The 40 ft Thurahalli Main road runs parallel to the East boundary of the Property.

Below table provides a snapshot of the Project:

Type of ProjectResidential
Developer NamePrestige Real Estate
Project LocationThurahalli Road, Subramanyapura, Uttarahalli, Bangalore
Land Area 15.37 acres
No of Units 1119
No of Towers / Blocks12 Towers
Units Configuration 1 BHK - size is 661 sq. ft.
2 BHK - 1137 - 1159 sq. ft.
2.5 BHK - 1345 - 1367 sq. ft.
3 BHK – 1571 - 1750 sq. ft.
No of FloorsG+18 & G+19
Completion Timeline Dec’20

Price Rating: ABOUT AVERAGE

We have benchmarked Prestige Lake Ridge against other high-rise apartment projects in Uttarahalli, off Kanakapura Main Road. In the last few years several large scale residential developments from Sobha Developers and Mantri Developers have happened in and around Subramanyapura that has given strong fillip to its image.

We found the price of Prestige Lake Ridge “Less” compared to other competing projects in & around Subramanyapura.

Project NameDeveloper NameLocation Units Sizes Price Expected Completion
Prestige Lake RidgePrestige EstatesThurahallai Road, Subramanyapura1314 – 18904600Dec’20
Rohan AkritiRohan BuildersJayanagar housing society layout, Subramanyapura544 – 15334300June’20
Pride SpringfieldsPride GroupJayanagar housing society layout, Subramanyapura929 – 12785000Completed
Chartered Beverly HillsChartered GroupJayanagar housing society layout, Subramanyapura1200 – 21404500Completed
Brigade OmegaBrigade Group80ft Road, Subramanyapura1270 – 23905790Completed
Mantri SerenityMantri DevelopersBWSSB Pipeline Road, Subramanyapura1015 – 17105990Dec’19
Mantri TranquilMantri DevelopersGubballa Main Road, Subramanyapura1270 – 20005600Completed
Sobha Forest ViewSobha DevelopersAdarsha Layout, Lingadheeranahalli1506 – 32426000July’17
Sobha The Park and The PlazaSobha DevelopersTalaghattapura, Kanakapura Rd1296 – 17066500Sep’19

*The quoted price is base price of the unit and does not include car parking, floor rise, club house, deposits & taxes.

NOTE: Price was last updated on MARCH 21, 2017.

Location Rating: ABOUT AVERAGE

Prestige Lake Ridge is located on Thurahalli Road, just 500 meters off Subramanyapura Main Road, Uttarahalli, Bangalore. The immediate neighborhood is a fast developing residential place having several prominent large residential apartment projects from top builders such as Sobha Developers, Mantri Developers and Pride Group. However, Subramanyapura is a dense mid-income residential area with poor social infrastructure. However, with the arrival of Phase 2 of Namma Metro on Kanakapura Main road things will change for better in future.

LOCATION HIGHLIGHTS

Immediate neighborhood

Mid income neighborhood with largely small houses and very few gated community residential projects.
Landmarks nearby

Subramanya Temple and Subramanyapura Police Station are 700 meters away on Subramanya aMain Road.
Access Roads

Directly accessible from 40ft Thurahalli Road; Subramanyapura Main Road is just 500 meters away in the East direction.
Metro Rail

Nearest station is Iskcon Krishna Park on Kanakapura Main Road located around 3 Km from the Project.
Train Stations

Bangalore City Railway Station (12 Km); Kengeri Railway Station (12 Km); Ye-shwantpur Railway Station (19 Km)
Airport

Kempegowda International Airport is 50 Kms away.

SOCIAL INFRASTRUCTURE

Builder Rating: AMONG THE BEST

Prestige Estates is the largest and most reputed developer based out of South India. It is promoted by Mr. Irfan Razack & his siblings. Mr. Razack started his construction firm way back in 1986 and have delivered around 186 projects across residential, commercial, retail & hospitality segments. The company has presence in Bangalore, Chennai, Hyderabad, Kochi and Mangalore. It owns the “Forum” & “Forum Value” Malls in South India and have several large IT Parks and IT SEZ in Bangalore.

Prestige Estates has excellent relationships with nationalised banks, private banks and other financial institutions.

Builder NamePrestige Group
Flagship Company NamePrestige Estates Projects Limited
AddressThe Falcon House, No. 1, Main Guard Cross Road, Bangalore - 560001
Year of Establishment1986
Managing DirectorIrfan Razack
No. of Projects Completed186+
Popular ProjectsUB Towers, Forum Mall, Prestige Golfshire
Company Website http://www.prestigeconstructions.com

Construction Quality Rating: BETTER THAN MOST

We found “Very Good” Quality of Construction in all Prestige Estates completed projects. The Company does the construction in-house as well as outsource to large reputed contractors. Prestige Estates has a separate dedicated firm to manage all its projects construction with a very large dedicated technical setup. The project offers a wide range of amenities & sports facilities to its residents.

Construction ContractorJMC Projects, one of the biggest engineering and construction company in India.
ArchitectVenkatraman Associates, a well-known Bangalore based architecture and interior design firm.
SpecificationsStandard specifications such as Vitrified tiles in all rooms, living & dining areas, Wooden Frame doors in all rooms including main door, UPVC 3 Track windows with mosquito mesh, Branded Sanitary Fixtures and CP Fittings.
Expected CompletionDecember’20

AMENITIES & LIFESTYLE

HEALTH & FITNESSGREEN ENVIRONMENTLIFESTYLE & DESIGNX - FACTOR
Clubhouse with Gym.

Aerobics / Yoga Room.

Badminton Courts.

Squash Court.

Indoor Games.

Billiards / Pool Table.

Cards Room.

Tennis Court.

Jogging Track.

Swimming Pool.

Children Play area.
Sewage Treatment Plant.

Landscaped gardens and walkways.

Rainwater harvesting system.

Butterfly Park.

Hammock Garden.

Private Gardens.
SPA.

Indoor Multipurpose halls.

Creche.

Laundromat.

Library Space.

Departmental Store.

Terrace Party Area.

Mini Theatre.
None.

The Project has received all NOCs from concerned authorities, development plan sanction from BDA and building plan sanction from BBMP.

We didn’t find any regulatory or environmental related issues with the Project. However, we advise buyers to conduct an independent legal and technical due-diligence for the Project before their investment.

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