Prestige Falcon City in Kanakapura Road, Bangalore

Prestige Falcon City in Kanakapura Road, Bangalore

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Key facts

Prestige Falcon City is a 2, 2.5, 3 and 4 BHK project by Prestige Constructions in Kanakapura Road, Bangalore, with 2520 units across 52 Acres, now sold out (updated 31 Oct 2026).

Reviewed by Harish Achar, Founder, Homz N Space (RERA Agent Reg. No: PRM/KA/RERA/1251/310/AG/170824/000174)

Price range
Sold out
Configurations
2, 2.5, 3 and 4 BHK
Possession
Ready to Move-In
Location
Kanakapura Road, Bangalore
More details
Builder
Prestige Constructions
Land area & towers
52 Acres · 5,2 Towers G+25,30,31 Floors
Units
2520 Units

More about Prestige Falcon City

Prestige Falcon City  is the brand new residential apartment project by Prestige Group in the rapidly expanding neighbourhood of Kanakapura Road, Bangalore.

The residential enclave, Falcon City features the very best in the Prestige Group luxury segment. The project offers spacious apartments with luxurious features.

Prestige Falcon City is a mixed development in terms of commercial and residential. Excellent Metro connectivity and well within the reach of IT companies ranging into all shapes and sizes. Falcon City is being built near Kanakapura Road, as it has been amongst the most sought after locations for home needs. Exquisite and the well-engineered floor plan that packs all amenities and includes ample space to ensure you experience fine living.

Beautiful landscapes all around Prestige Falcon City make it more special & Elite.

The builder is guaranteed to bring a quality living experience to the community of Kanakapura Road with brilliant architecture and an equivalent lifestyle in Falcon City .

Prestige Falcon City Location has excellent connectivity & it is located at the heart of Kanakapura Road.

Amenities at Prestige Falcon City include a fully equipped clubhouse, landscaped gardens, gymnasium, swimming pool, recreation rooms, outdoor sports courts, children’s play area, party hall, and meticulously planned with utmost importance to state-of-the-art 24/7 securities.

Prestige Falcon City Reviews, Address and Availability

Prestige Falcon City address: Plot No 1182, Road No 1, Kanakapura Road, Anjanadri Layout, Konanakunte, Bengaluru, Karnataka 560078.

For an honest review, see the pros and cons in Prestige Falcon City Reviews and Expert Opinions below, covering location, connectivity, pricing and what is still developing nearby.

Is Prestige Falcon City still available?

Prestige Falcon City is sold out from the builder, so new units are no longer available directly. Fill the enquiry form on this page and our team will suggest similar new projects nearby, with current prices and offers.

Looking for a new home near Kanakapura Road instead? These projects are available now: Aparna Wonder Woods (Kanakapura Road, 2, 2.5 and 3 BHK from Rs. 1.25 Cr); Purva Codename Diamond (Kanakapura Road, 3 and 3.5 BHK from Rs. 2.7 Cr); Amberstone Codename Lake One (JP Nagar, 2, 2.5 and 3 BHK from Rs. 1.1 Cr); SKAV Madhura Apartments (Talaghattapura, 2, 2.5, 3, 3.5 and 4 BHK from Rs. 1.57 Cr).

Prestige Falcon City Configuration

Unit TypeSize in Sq.Ft
2 BHK1240
2 BHK1274
2.5 BHK1366
2.5 BHK1379
3 BHK1588
3 BHK2140
4 BHK2689
4 BHK2726

This Project Is Sold Out

There are NO UNITS AVAILABLE directly from the builder for this project. Let us find you other Available projects just like this one.

Location of Prestige Falcon City

Prestige Falcon City · Kanakapura Road

Plot No 1182, Road No 1, Kanakapura Road, Anjanadri Layout, Konanakunte, Bengaluru, Karnataka 560078

Open in Google Maps
  • 5.8kmto Banashankari
  • 10.3kmto City Railway Station
  • 12.2kmto Electronic City
More about the location

Prestige Falcon City is on Kanakapura Road, South Bangalore, about 1.5 km from Kanakapura Road and about 3.3 km from the NICE Road. Banashankari is about 5.8 km, City Railway Station is about 10.3 km, Electronic City is about 12.2 km and KR Puram Railway Station is about 17.6 km away, measured in a straight line. The nearest Namma Metro line is the operational Green Line, under 1 km from the project. Neighbouring localities include Anjanapura, Uttarahalli and JP Nagar.

Distances are straight-line from the project’s mapped location. Drive time is longer and depends on route and traffic, so check the commute from your own starting point in Google Maps.

Master Plan & Floor Plans - Prestige Falcon City

master-plan-prestige-falcon-city
master plan

Prestige Falcon City Specifications

Structure

  • RCC framed structure Building.
  • Concrete Solid Block Masonry (Int & Ext) - 200MM Exterior walls, 100MM Interior walls.

Flooring

  • Marble flooring in the Foyer, Living, Dining, Corridors and all Bedrooms.
  • Anti-skid Ceramic Tiles in Balconies.

Doors

  • Main Door - 8 Feet High Opening with Pre-Moulded Flush Shutter & Frame in Wood and Polish on Both Sides.
  • Internal Doors - 7 Feet High Opening with Wooden Frames and Flush Shutters.
  • External Doors - UPVC Frames and Sliding Shutters.

Plumbing and Sanitary

  • All Toilets will have EWCs and Chrome Plated Fittings.
  • Chrome Plated Tap with Shower Mixer.
  • Granite Counter with Ceramic Wash Basin in the Master Toilet and Pedestal Wash Basins in Other Toilets.
  • Rainwater Harvesting drain pipes included.

Security

  • Suitable Size and Capacity Passenger and Service Lifts in Every Block.
  • Round the clock security with intercom facility.
  • CCTV Camera at all vantage points.

Electrical

  • Grid Power from BESCOM for each home.
  • Modular switches of reputed make.
  • Copper electrical wiring all throughout via concealed conduits.
  • 100% Power backup for elevators, common areas & pumps.

Prestige Falcon City Amenities

  • Gymnasium
  • Clubhouse
  • Swimming Pool
  • Games Room
  • Basketball Court
  • Jogging Track
  • Tennis Court
  • Table Tennis
  • Landscaped Gardens
  • Kids Play Area
  • Spa, Sauna
  • Mini Theatre
This Project Is Sold Out

Prestige Falcon City Price

Unit Type Size in Sq.ft Approx. All Inclusive Price
2 BHK 1204 SOLD OUT
2 BHK 1218 SOLD OUT
2 BHK 1230 SOLD OUT
2 BHK 1274 SOLD OUT
3 BHK 1588 SOLD OUT
3 BHK 1603 SOLD OUT

There are no units available directly from the builder for this project.

Let us find you other available projects just like this one - or notify you if inventory reopens.

Prestige Falcon City Reviews and Expert Opinions

  • Renowned Venkataramanan Associates are the key designers for the Falcon City project.
  • Close proximity to major hubs of South Bangalore, Kanakapura Road, and JP Nagar as well as being a mixed development with Forum Mall.
  • The area is very fast developing with multiple projects coming up in & around the location.
  • The brand name of Prestige is a huge boost & Project is equally good for self-use/ Investment.
  • Traffic Bottlenecks during peak hours while accessing various other parts of the city across major roads from Kanakapura Road.
Share your Opinions and Concerns

More projects near Kanakapura Road

More about the Builder - Prestige Constructions

The Prestige Group owes its origin to Mr. Razack Sattar, who envisioned a success story waiting to take shape in the retail business in 1956 itself. Prestige Estates and Properties was set up in 1986 growing swiftly to become the leading property developers in Bangalore.

Prestige Court on K.H. Road in Bangalore set the pace and with over 190 developments covering 38.5 million sq ft of develop-able area to its credit, Prestige constructions now house a very large populace residing in South India.

Also, Prestige hosts some of the biggest MNCs in business here with residential, commercial, retail and hospitality developments on the cards approximating 61.4 million sq. ft. just in area.

A presence in the retail sector with multiplexes and malls, Prestige has built for itself a name in property development. Explore other Prestige Group Projects like Prestige Fountain Bleau, Prestige Dolce Vita.

Ongoing

35 Projects

Upcoming

3 Projects

Completed

191 Projects

How to Book this Property?

Step 01 of 4

Fill the Enquiry Form

Our Representative will give you a call to understand your requirement and share the complete information of the property like: latest availability, Floor plans, Detailed pricing, Payment Schedule, etc. and help you in knowing the property better.

Step 02 of 4

Professional Assistance

We will schedule the site visits for inspection and help you in choosing the right unit based on your requirement. We also assist you in booking formalities and make sure we negotiate and get you the best deal from the developer.

Step 03 of 4

Booking Formalities

Professional Guidance to ensure Hassle-free paperwork while filling the Legal Documents. Make sure you carry the following documents to complete the Booking Formalities:

  • ID proof - Copy of DL / Passport / Adhaar / Voter ID
  • Copy of PAN Card, Passport sized Photo
  • Cheque Book [Online payment facility can be availed for NRIs]
Step 04 of 4

Booking Confirmation

You will be receiving an email confirmation regarding your booking from the Builder, followed by Allotment letter. There after CRM team will take it forward to keep you informed on project status and property registrations.

Check Latest Pricing Details

Prestige Falcon City Reviews

3.5/5 (101 Reviews)
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Harish Achar

Top Advisory Expert

Harish Achar

Harish is the Founder of Homz N Space, a customer-centric real estate advisory platform serving homebuyers across Bangalore, Hyderabad, Chennai, Pune, Goa, Mumbai, Ahmedabad and other key Indian markets. With an MBA in Marketing and Operations from IFIM Business School and experience with brands such as DLF, Ajmera, and other major builders; Harish brings deep expertise in residential real estate, market strategy, project positioning, and customer advisory. His focus is on helping homebuyers and investors make confident, transparent, and well-informed property decisions through practical market insights, honest guidance, and curated group-buy opportunities that help customers access better value in select residential projects. At Homz N Space, he leads a team committed to delivering trusted, customer-first property advisory across India’s growing real estate markets.

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Share your perspective

166 comments

  1. Book together.Pay the group price.

    Developers give wholesale and group booking discounts when buyers come together. Homz N Space helps you join that group for this project.

    1. Reach us before you bookCall 9590144144 or send your details.
    2. We add you to the groupWe follow the developer's process for its group scheme.
    3. You book at the group priceWith zero brokerage from us.
    Add me to Group Buy Call 9590144144
    • Real-time inventory
    • Best availability
    • Unbiased reviews
    • Expert advice

    Reach us firstWe can only help if you contact us before booking, by the enquiry form or by phone. It is difficult to include you after booking, or if your enquiry is posted on many websites, as the developer's group scheme follows a set process.

    1. Hi BP,

      You can consider Mahindra Windchimes, Purva Westend, Salarpuria Cedenza, etc. You will receive a call from our team for detailed discussion.

  3. Hi harish,
    I am planning to buy a 3BHK in Prestige Falcon city. Builder is quoting around 7000 /sq ft rate.
    What is actual the market rate if i buy from secondary market. Also I am kind of stuck between deciding between Prestige falcon city and salarpuria divinity. This is for self occupation.Between these two projects which one would be your recommendation.

    1. Hi Partha,

      Both the projects are equally good, suggest you to choose as per your preferred availability of unit among these two projects and more over the location cant be compared because it is almost 10km distance between these two. Also, it should be convenient to your workplace and kids school
      for more info contact our team for further assistance at 9590144144

    1. Hi Kevin,

      Resale prices depends on the seller quote and also depends on the tower, orientation & floor level of the flat, as we can see in secondary market it stated from 80+ lac onwards; whereas builder overall price for the particular unit is Starting from 98 Lakhs* onwards (* – price is for the lowest dimension available in the respective type of Apartment, includes TAX and other additional expenses (except registration charges) Unit price changes with Floor and Tower
      Possession date expected would be in 2020

  5. Hi Harish,
    I have booked a 2BHK flat in PFC (5th level). Is there any disadvantage in buying the lower floors as more and more people opt for higher floors? Is it good for self use considering the traffic congestion that may arise with malls coming up? What would be your estimated rate for this per sqft in 2020? I’m a first time buyer and hence a bit circumspect.

    1. Hi Guruprasad,

      There are advantages and disadvantages for both higher and lower floors., it is the individuals perspective and choice., so need not to get concern, 5th level seems decent floor to go with. and yes it is ideal project for self / investment because the project has got demand in the market and the kanakapura road is set to be widened and with metro connectivity it makes worth the value. As per our view CGPA YOY basis would be 10%. so the price in 2020 would be minimum 8000+ psqft

  7. Wanted to buy a 3bhk here..However, Few things holding me back from investing.
    Hope you guys can clearit up for me with your experience:

    1) Window sizes in the bedroom seem very small.I was told by the builder its 4*3.5ft and 3.5*3.5ft in some bedrooms..arent these very small especially when there is only one balcony in the living room…I believe most apartments have atleast 2 balconies in a 3bhk and definitely bigger windows..Could you please through some light on this?

    2) Lack of utility area in kitchen.Is this common practice in all prestige properties? I believe this would indeed be a problem in day to day life.

    1. Hi Rohan,

      1. As per the standards it is been implemented and usually if the area of the room is bigger then large sized windows shall be provided
      2. Yes this is the normal practice with prestige projects and if looked upon this increases the area efficiency of kitchen, thats why they club the kitchen area with utility space.

    1. Hi Indrajit,

      As per applied in Rera, the completion period of project is Dec 2018 + 9 months of grace period

  9. The Prestige Falcon City property is very next to lake bed of Konankunte lake, whether the builder can provide the village map (british days) and confirm that the survey number 35 does not lie on the lake bed as per the british days map and also tower 5 is very close to lake.

    1. Agree.
      Tower 5 premium is too close to the lake bed and that is why you see only the back ground the periphery markings in the master plan layout.

      Also was told only one tower out of 6 and 7 may come up due to the lake bed issue.

      I had an opportunity to visit the site inside. Tall towers facing each other will be hard on the eyes day in and day out and pleasing as you would see in the video. I also saw from the lake, by driving back side . You can actually walk around the lake. Some hutments, etc. lake seems clean. some how tall buildings 32 floors, side by side , 2500 apts, and average of 10000 persons, with high power lifts, water consumption, and the cross roads at Konankunte, will be a heavy traffic area, especially when the mall opens up. High maintenance costs, etc dissuades me from re-looking to buy. Better smaller community of say max 500-600 apts. Not sure how the association will be managed, building maintenance etc. Mall is not an attractive proposition but in fact a nuisance value.

    2. Village map is available on the BBMP site and you can clearly see that the project is not on the lake bed and has enough distance maintained as per norms.

    1. Hi Anil,

      The commercial part of the project has already started.

      Yes the Widening of the road would definitely boost the price and moreover the project has good demand as there are few availability

    2. No more widening. it will be only from NICE junction and towards Kanakapura. Konankunte will be a traffic jam place and a nightmare, when Forum Mall and Mantri mall opens.

  11. Hi Harish,

    Looking to buy a 3bhk apartment for self use in Bangalore and shortlisted 3 projects.
    1. Falcon City
    3. Sobha Silicon Oasis
    3. Gcorp Icon

    Could you please suggest which one would be the best considering the below points from end use perspective:
    1. Location
    2. Surrounding area
    3. Project configuration
    4. Built quality
    5. Ground water level in that area

    Looking forward to get your advice on that..
    Thanks

    1. Hi Ajay,

      Based on your query Prestige Falcon City would be ideal project to go with if at all if you are getting preferred unit as per your choice if not Sobha Silicon Oasis can be considered

  12. Hi Harish,

    I have two questions and would be grateful if you could answer them :

    1) I am buying a 3 BHK in Bldg 5 Tower 1 on resale. The flat is on level 19 (i.e. G+18) and was booked by the current owner for 6200/sft in Jul 2014 Any idea how this price might have been derived? If i subtract the floor rose for 18 floors (Rs 270) from 6200 it works out to be Rs.5930 which seems unusual as I understand the prices moved in multiples of 100s eg 5500-5800-6100-6500 etc. Any idea on this?

    2) Considering that the project is being constructed using Mivan technology, does this leave any scope for doing electrical modifications e.g. moving a plug point or a light switch within a room? I know the builder will not agree to such modifications during mass construction, However, my question is more from point of view of the technical feasibility of getting these modifications done post possession and at own cost and labour.

    Regards,
    RD

    1. Hi Rohan,

      1. The base price for the project at mid of 2014 was Rs. 5499 psft & 5799 psft. So this seems he would have added some marginal profit for his case to dispose the property and also there would be a chances that the builder resale processing fee would have been added on to it. And moreover by looking in to this, the unit availability and current price, this is good deal for you. You can consider.

      2. It is concealed as per the design, so modification of electrical points would be a challenge in mivan construction, external concealing of points can be done but looks unaesthetic.

    2. You cannot move any points. At the most you will need to do grove cutting and cement it if you want any additional points. A Also was told that the windows are a bit high, wrong design etc.

    1. Hi,

      The commencement of this project was Dec 2014 and expected to complete in 4 years time i.e. 2019 onwards.
      So in all probability by 2020 the complete project will be executed.

  14. Hi Harish,
    I am looking at buying a 3 bhk and have been offered a flat in a building that is closer to the lake (some 31m from the lake boundary). Now, although the plan is approved will NGT cause an issue while issuing Occupancy Certificate considering their recent (May 16) ruling about building should be minimum 75m from lake bodies? Do you have a view on this?

    1. Hi GPK,

      As far as we Know, The new NGT norms are applicable for the upcoming projects, so in this case it becomes retrospective. Need not to worry you can consider PFC.

    2. Hi Harish, In that case if the association wants to rebuild the structure in future say after 30 – 40 yrs, then we have to follow the new norms? we will lose the land in that case right? Please clarify ASAP as we want to proceed with booking.

      Regards,
      Smitha Yash

    3. Hi Smitha,

      We don’t see any concerns at that point of time., Because fully approved large-scale development projects will definitely have scope of redevelopment in the long run without any hassles.

    1. Hi Shiv,

      The current base price for Vaishnavi Gardenia is Rs. 5500 psft and basic cost for 1 BHK would start from 33.55 Lacs; further for best price, preferred unit and regular updates contact our team at 9590144144

    1. Hi Vijay,

      The current base price for regular unit is Rs. 6499 psft and for Premium unit is Rs. 6699 Psft.
      Further for more info please contact our team at 9590144144

  18. Hi Harish, I have booked a flat in Prestige Bhagmane Temple bells, however now i was thinking of reselling and booking a flat in Prestige Falcon city…Let me know if my decision is ok….Also pls let me know the pros and cons of both the projects….

    1. Hi Sandeep,

      Your Preference of switching over is not known, however if it is because of investment then you can look in to falcon city reason being ROI for Falcon is good when compared to temple bells (as it is good for self use).

    1. Hi Ramakrishna,

      Current Price is Rs.7000/Sq.ft Onwards. You can hold the unit for one more year for better ROI

  20. Hi, I got to know about brigade meadows as well in kanakpura road.could u please tell me the future scope in and around and also if it is good for investment or self use? I also got to know about the metro plan coming up till art of living.could you please tell us the truth..apart from this we saw the sobha dream acres project.wich one will be better for future …3-5 yrs down the line??please suggest

    1. Hi Deepshikha, Metro ends up at Anjanapura and NICE junction is depot. It is just a rumour created by builders after NICE road that Metro is coming up to ashram. Even if you google, in Phase 3 also AOL is not shown. The sales guys say Guruji is giving 300 Cr for metro. All lies to promote their projects.

    2. Hi Deepshikha,

      Yes, Metro is planned till Art of Living, In fact, Work has started towards the same. If you are looking for investment, i suggest you to consider sobha dream acres. As Brigade meadows is ready and reached its peak in terms of ROI.

    1. Hi Neha,

      looking into the current progress, project should be ready by end of 2018.

    1. Hi Zaid,

      Sobha Grandeur is super luxury project. When as Falcon is mixed development. There is huge price difference. If you are looking at lifestyle project. I suggest you to consider Sobha Grandeur.

  25. With an average of Rs 8000 per month as maintenance, and set to increase ONLY over many years, with a monthly revenue of approximately Rs 2 CR who has the efficiency and integrity to manage such huge funds. What if half the people are NRI, collection of maintenance is an issue,. One need to run as a corporate maintenance office plumbing, painting, electrical, Power, buying diesel, accounting for diesel, expenses, pilferage
    MORE important how will one manage the water supply tankers number of water tankers commissions being paid accounting for number takers and the related cost . Amount of diesel being bought for generators etc.

    The magnitude of problems are astronomical and ultimately we need to hand over back to Prestige to manage We will have very little say in the management and maintenance .

    1. Hi Harish,

      Prestige Falcon City will yield higher ROI & Rentals. Reason being, Location, Metro Connectivity & Mixed Development with Forum mall in front of the project.

    1. Hi Ashok Kowdle,

      Yes, You can consider it for investment. The Best part of the project is…Its a Mixed development and Forum Mall & Metro Connectivity. Current Price is Rs.6099 to 6499 / Sq.ft

  30. Two Questions :- 1) Is Pre-Launch Legal in India ? During pre-launch, all approvals are not in place . Can builders sell flats without all approvals ?
    2) I think all Flats should be sold at Carpet area basis as per law . However, all builders are selling flats at Super-built up area. Again , is this legal ?

  31. Hi rise buildings, 31 floors, 7 buildings, 28 towers. Have you ever thought of high maintenance costs of garden, greenery, power cuts, cost of Diesel fuel for generators over the next 10-15 years at least. This will be addition to the monthly maintenance cost. High speed lifts will consume more fuel.

    Guys beware of any very high rise buildings, maintenance is a perpetual issue. Do not be carried away by Malls, cinema etc.

    Apartments, with lesser flats and blocks are better managed.

    This is not only for prestige but any high rise apt.

    One needs to take up the minimum maintenance cost, extrapolate to next 15 years, and then see if you can afford. Like wise, no tenant will come, if the maintenance cost is around 8000 plus.

    If you buy a flat for 1. 5 CR plus just immagine how difficult will it be to sell of later , who has the fancy 2 CR money.

    Throughout your life you continue to pay the EMI

    Its unfortunate situation, high costs, unsold flats , prices does not come down. See RBI governor message

    amal rao

  32. Hi Harish,

    Prestige recently did a pre-launch in Begur project name is Song of The South. Do they have the requried approvals to go ahead? Your input is highly valuable at this moment to take a decision. Thanks in advance.

    1. Hi Venkat,

      Yes, All the approvals are in place and Excavation work has already started.

    1. WE NEED TO BE CAREFUL

      ESPECIALLY ON LARGE PROJECTS- MAINTENANCE ISSUES ETC.

      Builders in trouble as unsold flats continue to pile up
      By Shubhra Tandon | The Financial Express – Thu 3 Sep, 2015 4:35 AM IST
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      Builders in trouble as unsold flats continue to pile upView Photo
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      Builders in trouble as unsold flats continue to pile up
      Builders in trouble as unsold flats continue to pile upView Photo
      Builders in trouble as unsold flats continue to pile up
      Builders in trouble as unsold flats continue to pile upView Photo
      Builders in trouble as unsold flats continue to pile up
      Builders in trouble as unsold flats continue to pile upView Photo
      Builders in trouble as unsold flats continue to pile up
      The value of unsold apartments across the top seven cities of the country at the end of June has been estimated at a whopping Rs 4 lakh crore, with few signs the inventory will be cleared anytime in the next four years. At 7.5 lakh, the number of flats in the mid-priced range is virtually the same as it was at the end of March, this year, which means sales have come to a standstill.
      In addition, there are 50,000 luxury apartments, priced at an estimated Rs 1 lakh crore, lying unsold in Mumbai alone. “Developers are now reducing the sizes of the apartments to make them more affordable,” Sandeep Runwal, director, Runwal Group, told FE.
      Indeed, industry experts opine it could take as long as five years before builders are able to offload such a large number of units. Despite the large number of flats going abegging, however, some 37,000 flats in the mid-priced segment were launched in the three months to June, roughly half the number opened up for buyers in the March quarter, data from PropEquity shows. Mudassir Zaidi, national director, Knight Frank, says builders have realised there is little point in launching new properties since that would only pressure prices further. “The pace of recovery in housing sales is far slower than earlier anticipated and the high inventory is not coming down in a hurry,”
      Zaidi observed.
      Gr4
      PropEquity estimates there are close to 53,000 unsold apartments priced over Rs 1 crore in the Mumbai Metropolitan Region (MMR) alone. For the remaining seven cities together, this would be over one lakh units.
      Gr6

      Gr7

      Gr8
      The number of quarters required to exhaust the current unsold inventory in Guragon, has risen to two years from three quarters in 2012, estimates Bank of America Merrill Lynch. The brokerage believes the absorption rate in Noida today at 3.7% is the lowest in the last eight years. This is because investors who held the housing market seemed to have deserted it given poor visibility on timely delivery, price appreciation and exits.
      —
      Get stories like this on the Yahoo app and discover more every day.
      Download it now.

  34. same way prestiege meadows too had all sanctions in place and the industrial land. Now taken over as per June 29th arcitcle. How does an approval change after construction and why falcon city also could not go through the same is my concern

    1. Hi Krishna,

      Issue was pure confusion from the sanction authority it is sorted out. Reputed builders will not let go the buyers interest as they will be very clear in their legalities .

  35. Read that Prestiege Whitefiled is in trouble in Agrahara. Do you expect the same Falcon City too eventhogh it is a private property, but it is an Industrial approved for Khoday’s. Do they have approvals in place. What is your advise haris

    1. Hi Krishna,

      Joy factory issue has sorted and possession has already started. When you buy property with established builder, you need not to worry much as builder will take care of buyers interest. Beside all, Flacon City is being developed after all conversion, approvals and sanctions from Govt Authorities are in place.

    1. hi harish pls suggest prestige falcon city or hiranandani glen classic – south/north – better ROI – your suggestion will be helpful to take a final call.

  37. While the project looks attractive, depends whether you for investment or self occupation.
    In either case, it is over priced as with any other builders.
    While the positives are good builder, area
    Negatives
    1. Very large complex- 2500 apts, can expect congestion.
    2. Maintenance cost will be white elephants. Even now the monthly projected maintenance is around 10 K for a 4 BHK beginning 2018/19. Thus immagine what will be for the next 10-15 years, due to inflation etc.
    3. Who is going to maintain the entire complex, associations. If many are NRIs, then getting in touch with them itself is going to be a big task. Even for smaller projects, people face he same issue.
    4, 7 blocks, 32 floors, vast area, maintenance cost will add up.
    5. If investing for rentals , forget it, as tenants who would pay such rents are better off buying rather than renting.
    6. thousands of flats remain unsold.
    7. Hear that there are many cancellations each month.
    8.My take is that smaller would be sold for low budgets. max 50% would be sold.
    9. There is a glut in the market, no takers, There is resistance for projects beyond 1 CR cost
    10. Imagine 2500 apts, x4 people per house, i.e 10000+ then mall, then school, congested roads and the konankunte cross , all going to add up to the madness with Forum Mall, Mantri mall and Puravankara mall. Further, all these malls will be in 1KM radius, and wonder there will be takers by the anchors.

    My take go for smaller projects

    Max 300 to 400 apt size

    1. amalrao.. you are Shobha agent or some other builders? every site .. here and harshasagar i have seen you have done same copy paste business trying to scare ppl off PFC. Have you seen how L&T South city , with 1995 flats and narrow roads all around function? I live there , and can confidently tell there is none of the congestion issues you are trying to scare people with. Evading maintenance perpetually in big complexes is not an option as you cannot sell without society’s no due letter (no bank will give loan). Get your facts right Mr and stop scaring ppl with your propaganda based review.

      Cancellations every month – Try picking up a 4 BHK or 3 BHK (larger dimension) flat. If you can get one directly from Prestige consider yourself lucky. 2 BHKs are definitely available on the resale market in SMALL numbers as these were primarily held by investors.

  39. Hi Harish Achar,
    I am planning to buy a house in Prestige Falcon City. The land previously belonged to Khodays for Industrial purpose. Is this property converted for domestic use to construct Residential apartments ? Considering the recent case in another Prestige project in Bangalore, wanted to understand from you on the clarity in the titles of the property and other necessary approvals. Is it safe to invest ? Please share your comments.

    1. Hi Sachin

      The another Prestige project that you referred to was White Meadows property. The issue has been sorted out now and the land has been converted into a domestic use premises. Also, with regards to Falcon City all the titles and other legalities are clear. so dont worry, your in safe hands.

    1. Hi Yashwanth

      Considering your requirement, you hardly have any good options at Falcon city. I suggest you to look at Prestige Song of South located in Begur which is still in pre-launch and may in turn give your cost benefit and good ROI in future as well.

  41. Hello,

    Is anyone else worried about the prestige white meadows project? Have the builders assured anyone? have got no response so far. What about other projects like laughing waters? Is it a safe investment?

  42. More about prestige meadows for whoever can understand kannada (from TV-9). Looks like out of the whole project there was some Govt – Karab land (that is not supposed to be used for any other purpose) the construction in this piece of land is the issue.

  43. Hello Sir, this question is important than any other question above I believe. Your response would be of great help. Today, I read a news that “Prestige Lakeside habitat” is taken over by Govt. This land was given by KIADB to Joy icecream. and Joy inturn sold it to Prestige without KIADB approval (looks like). Already the flats are constructed and sold to customers and it might be 75% complete. Not sure what is the fate of the buyers. In the similar context, Prestige Falcon city is land owned by “Khodays” for industrial purpose. So, now how about this land. is it converted from industrial to residence ? just doing to comparitive study to understand Falcon is safe….what should we check to make sure Falcon is safe.
    This “Prestige lakeside habitat” came today in kannada Prajavani news paper. not able to search it in english version – Deccan herald.

    1. Apologies, it is not prestige lakeside habitat. I think they have not named it. Please remove “Prestige lakeside habitat” from my earlier post. This prestige property looks like it is in K R puram with 2 appartments of 50 flats and 4 luxury villas.

    3. Hi Raghu,

      Its not Prestige Lakesdie Habitat, Project which was in news was Prestige White Meadows. The case is dismissed and quashed from the court of law and Builder has received NOC and initiated possession process. Reputed Builders stand for their customers as its Brand Reputation for them. No need to panic.

  44. Falcon city

    Planning to go for 4 bhk self occupation. Do you think it’s a good buy. 7th floor at 6099 per sq feet.

    Please advice.

    We are abroad and plan to come next week. Give your contact details

    Pl be honest to give your opinion. We prefer only south bar

    Thanks

    1. Hi Amalrao,

      Yes you can consider. You can even look at Hiranadani, Salarpuria Greenage & Sobha Silicon Oasis.

  46. Hello Sir ,
    Am planning my 1st investment in bangalore my budget is very less only 30lak to 40 laks
    i should get good returns in form of rent or in form of resale am from small city with no knowledge of bangalore I fallow you and yous posts regurly plz suggest me a best property.

  47. Need your guidance…
    1. I am planning for 3BR flat for self use near kanakapura road…. Confused amongst Sobha Arena & Prestige Falcon… which one you would go for?
    2. Also pls suggest which floor level will be best for residing in such long, huge towers for nice and pleasant living.
    3. Additionally and more importantly, I would like to check with you on real estate bubble… is it worth investing now as many global economic conditions are making path towards slowdown of liquid funds and causing impact on market in volatility situation. This factor certainly needs to be considered in making decision, especially when getting one home for self use.

    1. Hi Kareem,

      Prestige Falcon has location advantage when compared to Sobha Arena. its ideal to opt for middle floors for pleasant living. Global economic condition has not effected bangalore real estate market. besides, Bangalore market is being much realistic in terms of pricing and demand.So, Need not to worry.

    1. HI Sudha

      You can consider Falcon City as location is playing a crucial role. Mantri Serenity is still awaiting for some approvals for few blocks. Prestige always has a advantage for investors as their projects has high demand.

  53. hi i was about to buy an flat at mantri tranquel of 1745 SQFT in same kanakpura road with an attractive price which was an resale with built-in interiors and also I can move in immediately, but I am in an confused state between prestige falcon which is alteast 4 years away but an Good project Now by considering Prestige Falcon I may lose out on tax benefit and need to continue on rental etc… do you suggest to wait for 4 years or move in at mantri tranquel ?

    1. Hi Raghu

      If its a capital gain situation, look for something thats, close to ready to move in… Like SObha Forest View or Mantri Tranquil.

  56. Hi harish. Please tell investing on 30th floor 1 below last is not a problem from approval resale and appreciation. Point of view. Ur suggestions will be highly appreciated.
    I am looking from investors point of view

    1. Hi Jayaprakash,

      As for i know, Metro cant be inside the project, but near to the project

  60. Hi Harish
    Can you please give us your valued opinion about Falcon city now. They are quoting Rs 6100 for 3BHK. Is this still a good investment ?. What is the rental potential ?. We would really appreciate your input before we make our decison.

    Thanks
    Su

    1. Hi Su,

      Considering the factors like Location, Brand, Upcoming Infrastructure and connectivity. Projected rate by time of completion is Rs.8500 – 8750 / Sft. Its worth for investment up to 6750 / Sft. after that, Project is good for Self use. You can expect 35 – 40 K per month Rental return for 3 BHK.

    1. Hi Su,

      Yes, You can still consider this project for investment. Current price for 3 BHK – 1 Cr Onwards.

    1. Dear Raju Rao,

      Currently the lake is dry. Mosquitoes are living across india cant help.

  65. Is there any specific reason why you have not included Prestige Temple Bells which is in pre-launch stage, in your reviews. I am interested in Prestige Temple Bells. Look forward to your expert comments / recommendations on the same.

    2. Hi Bala

      We wont be able to comment at this point as we are in the process of reviewing the project.

  66. Hi Harish. I am a silent follower of your reviews for a long time. I admire you a lot. I am looking for a 3 bhk apt of around 1800+ sqft. This is for self use initially. I narrowed to 3 projects. Prestige falcon city, mantri lithos, prestige lake side habitat. I am a cardiologist.. I am not looking for a particular area. Which one do you suggest keeping in mind that i might sell it after 10 years..

    1. Dr Sunil

      We suggest you to consider Falcon City as 1st option and 2nd option as Lakeside Habitat.

  67. Dear Harish,

    Which is better to buy for investment over 5 years – 2 BHK or 2.5 BHK? There is only 100 sqft difference for 10L in this project but one gets an additional room. My thoughts were the following:
    1. the net income of ppl would be higher 5 years from now and they may be able to afford the increased cost of 2.5 BHK
    2. the number of 2.5 BHKs are far lower and hence due to reduced supply, there are better chances of selling since it helps differentiate the apt from the others
    3. an additional room is typically preferred even for a small family
    4. chances of rentals are higher
    But given my lack of experience in real estate, please feel free to correct me if you think 2 BHK would be a better choice in this project.

    Thanks

  68. Hi Harish,

    Thanks for your suggestions on matters related to real estate. I would like to buy an apartment. I was considering a 2 BHK in Falcon City. I don’t intend to take a loan and i am willing to wait out for 5 years.

    This project has the mixed development concept. DPS school, namma metro is <1 km, fortis/apollo is < 4 kms. ring road < 3 km, nice 30 kms from marthahalli ORR corridor and >45 kms from ariport and so this makes me nervous as well.

    I would like to have a safe bet in stead of something that gambles on a development in the future and this already present metro station was the main reason why i am looking into this. Do let me know what is your assessment on this investment decision? In your assessment, what are the other properties that are superior to this?

    Also, from investment point of view, what makes more sense – 2 BHK or 2.5 BHK by paying addtional 10L extra (perhaps there are fewer competition to deal with during resale while selling 2.5 BHK?)

    Thanks
    Padma

  69. Hi Harish,

    Thanks all your wonderful feedback/suggestions. I would like to invest in an apartment and I am considering either Prestige Falcon City or Lakeside Habitat. I am not taking a loan, and i am willing to wait for 5 years for resale. For falcon city, there is promise of metro which is already there (in 1km distance) and there is this mixed development concept. But with lakeside, growth is subject to road widening etc. which may happen in the future. All major builders (prestige, sobha, mantri, salarpuria etc.) seem to own land in varthur which means it may well become like harlur road with all elite properties, with prices soaring but the infrastructure not being really attended to. The biggest positive is it’s closeness to whitefield and potential PRR. do you think kanakpura rate will continue to see rise in valuation? Or do you think lakeside is a better bet? which is safer option of the two?

    Thanks
    padma

    1. Hi Padma

      Kanakapura road is much more planned when compared to varthur. it has also promising public amneties like metro connectivity, commercial complexes, proposed disney theme park, wide roads. So i would suggest you to look at Prestige Falcon instead of Lakeside Habitat.

  71. Dear Mr Harish,

    If you look at the floor plan of 1788 sq ft falcon city, there is a problem. In tower 1, the foyer place is as per floor plan given in the brochure, while in tower 2, the foyer area is less as the entrance has to be from West (to avoid South entrance). That means anybody booked in tower 2 for 1788 sq feet flat will loose some 27 sq feet as the foyer area is less. However, prestige is taken full price of 1788 sq feet. Why this ambiguity, any comment.

    1. Hi Mrs Alpana,

      Tower 2 Foyer area is shared in Super built up area. This has occurred because of non south entrance. As per the Govt Norms, Builder has to collect on Super built up area which is 1788 Sq.ft.

    2. I feel the builder should show floor plan as A and B like in other dimension apartments. This is a cheating. Why some people will loose 27 sq feet after paying full amount.

    1. Hi Narasimha Prakash, Projected Rate for PSP by 6 months – Rs. 4500 / Sft. 1 year – Rs. 4750 / Sq.ft & 1.5 Year – 4950 / Sft

  73. Dear Harish,

    Among Sobha Valley View in BSK 3rd stage and Prestige Falcon project, which one is the best from all these prospects (floor plan, location, price, amenities and ROI). We are looking for self usage.

    Please give your feedback.

  74. Thanks for the reply. I need one important advice from you. I have booked in sunrise park 1 bhk @ 4000 ~10 months back. Now, I have also booked falcon @ 5800 (12th floor 3 BHK). my situation would be tight to manage both and hence I am planning to give sunrise some time in future… may be 6 months to 1 year.. so that – partial paid amm + small appriciation from sunrise would ease my payment to falcon. I need you advice on what return i might get for 1 bhk in sunrise by 6 months / 1 year / 1.5 year ? your advice would be of great help to me.

    1. Hi Narasimha Prakash,

      Projected Rate for PSP by 6 months – Rs. 4500 / Sft. 1 year – Rs. 4750 / Sq.ft & 1.5 Year – 4950 / Sft

    1. Hi Narasimha Prakash,

      Prestige Falcon City is good for self use than for Investment. My option would be Prestige Sunrise park.

  77. Dear Harish,
    Many other builders are offering 20 80 scheme for the projects in Bangalore. Do you think still it is wise to invest in Falcon city? Further, even today they dont have clear plan of amenities or development (upcoming forum mall/auditorium/school) plans/information to the customers who want to invest in this project. Also there is no clear confirmation on the extent of development by builder and in which phase the development will be taken.

    1. Hi Chandra,

      I feel, Prestige Falcon City is good for self use than for Investment. Reason being Price.

  80. Dear Harish,

    Dear Harish, Is it worth for investing during prelaunch?. Considering the size of the development, the club house having 67,000 sq.ft looks smaller in comparison with Mantri Serenity. Is they have all their approvals?
    Provide your opinion to invest in this project noting that the end use might be during early 2019.

    1. Hi Chandra,

      Investors usually block the apartments during pre – launch stage. Reason being – High ROI. 67,000 Sq.ft Club house development means…Club house in more than 1 Acre of Land which will also have vertical development. I feel, Which should be sufficient for indoor games / Activities. Project is BDA Approved and BBMP approvals are expected by end of 2014.

  81. Hi Harish,
    Thanks for the review. What is your take on 5500 pricing ? My initial thought is its high in Kanakapura road. I am mainly looking for an investment purpose. I could not get any details from prestige web site on this project, which is surprising. I am not sure they have project plan approved (its mentioned in brochure as subject to change ).
    Thanks,
    Nishanth

    1. Hi Nishanth,

      Project is in Pre -Launch Stage and Official Launch Expected by Dec 2014. Even i feel Rs. 5500 / Sft is bit on higher side. But Mixed Products usually gives great returns in long run.

    1. Hi Kiran,

      Project is good for long term investment ( 5 – 7 Yrs ) Projected Growth 10 % Pro rata.

  83. Can you share your views on the appreciation of the project during the end phase of the development.Will there be a rise of atleast 30% hike.I have this doubt as already the apartment cost is overpriced.
    Thanks in advance.

    1. Hi Kiran,

      Considering the development factors like Metro, Forum Mall ( Inside Property ) & Connectivity… Minimum 30 % growth should happen by the time of completion. Rs.7320 / Sft would be eye catching price by 2019.

    1. Hi Ruwals,

      Have you brought the apartment on the Prelaunch day or the next day.
      I heard the price was revised from 5500 to 5800 ,is this true.

  85. Hi , am looking for a 3 bhk for self stay . What do you think of the layouts in this project are they well planned ? .. Also since it’s a very big project completion in 2018 looks unlikely ? Any other cons that you see in this project ..

    1. Hi Abhijith Shetty,

      Layout is really well planned, Prestige has also planned Forum Mall ( 8 Acres ) biggest Mall of Prestige Group inside this property. But the only Con is Completion Time. I feel Handing over will start from 2019 End.