More about Prestige Lake Ridge
Prestige Lake Ridge brand new residential apartment project by Prestige Group in the rapidly expanding neighbourhood of Subramanyapura, Bangalore.
The residential enclave, Prestige Lake Ridge features the very best in Prestige Group luxury segment. The project offers spacious apartments with luxurious features.
Beautiful landscapes all around Prestige Lake Ridge makes it more special & Elite.
The builder is guaranteed to bring a quality living experience to the community of Subramanyapura with brilliant architecture and an equivalent lifestyle in Lake Ridge.
Prestige Lake Ridge Location has excellent connectivity & it is located at the heart of Subramanyapura.
Amenities at Prestige Lake Ridge 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 Lake Ridge Configuration
The Information mentioned here was Last Updated on 09-Sept-2024
 Project Location |
Subramanyapura |
 Total Land Area |
15.37 Acres |
 No. of Units |
1119 Units |
 Towers and Blocks |
12 Towers 2B + G + 17,18 Floors |
 Unit Variants |
1,2,3 BHK |
 Possession Time |
Phase 1: Apr 2021 Onwards Phase 2: Mar 2022 Onwards |
| Unit Type | Size in Sq.Ft |
| 1 BHK | 661 |
| 2 BHK | 1137 |
| 2 BHK | 1159 |
| 2.5 BHK | 1345 |
| 2.5 BHK | 1358 |
| 2.5 BHK | 1367 |
| 3 BHK | 1571 |
| 3 BHK + Maid | 1745 |
| 3 BHK + Maid | 1750 |
Join “Group Buy” to Avail Guaranteed Lowest Price
Location of Prestige Lake Ridge
Prestige Lake Ridge Location Address :
4th H block, 80 Feet Rd Sahara Layout, Lingadheeranahalli, Bengaluru, Karnataka 560062
Master Plan & Floor Plans – Prestige Lake Ridge
Prestige Lake Ridge Specifications
 Structure |
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 Flooring |
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 Doors |
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 Plumbing and Sanitary |
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 Security |
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 Electrical |
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Prestige Lake Ridge Amenities
Gymnasium |
Clubhouse |
Swimming Pool |
Games Room |
Basketball Court |
Jogging Track |
Tennis Court |
Table Tennis |
Landscaped |
Kids Play Area |
Spa, Sauna |
Amphitheater |
Prestige Lake Ridge Price
| Unit Type | Size in Sq.ft | Approx. All Inclusive Price |
| 1 BHK | 661 | Rs. 42.1 Lacs Onwards |
| 2 BHK | 1137 | Rs. 74.4 Lacs Onwards |
| 2 BHK | 1159 | Rs. 75 Lacs Onwards |
| 2.5 BHK | 1358 | Rs. 87.9 Lacs Onwards |
| 3 BHK | 1571 | SOLD OUT |
| 3 BHK + Maid | 1745 | SOLD OUT |
Book through Homz N Space to avail above offer ↑ and even more Special Discounts!
| Components considered in the above mentioned Approx. All Inclusive Price are : |
| Basic Price, GST, Car Parking Charges, Legal Charges, Club House Charges |
| Maintenance Deposit, BWSSB & BESCOM Charges |
| *Preferred Location Charges Extra |
| *Franking Charges, Stamp duty & Property Registration Charges Extra as per Govt Norms. |
Expert Opinions on Prestige Lake Ridge
- Renowned Venkataramanan Associates Architects are the key designers for Prestige Lake Ridge.
- Close proximity to ISKON, Kanakapura Road, Uttarahalli and the rest of South Bangalore from the project.
- The area is very fast developing with multiple projects coming up in & around the location and metro lines coming up very close by.
- 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.
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 & Prestige Falcon City.
Ongoing35 Projects |
Upcoming3 Projects |
Completed191 Projects |
How to Book this Property?
Frequently Asked Questions (FAQs)
What is the price of 2 BHK in Lake Ridge?
The price of a 2 BHK apartment starts from Rs. 74 Lakh Rupees onwards in this project.
What are all the Special Discounts or Offers available for this project?
Exclusive Group Buy Offer, Seasonal Schemes & Deals available ONLY through Homz N Space for special offers and deals. CALL 9590144144
Where is Lake Ridge located in Bangalore?
The project is located in Subramanyapura off Kanakapura Road and Banashankari. It's a fast-developing area with ample amenities in the vicinity
Prestige Lake Ridge Reviews
Dear Property Seeker,
We are Glad to announce “GROUP BUY” Scheme to benefit you on the property pricing part. If you wish avail Whole-Sale Price / Group Booking Discounts from the developer on this property, you can talk to our team @ 9590144144 or Submit your contact details below so that we can get back to you.
We Promise you on “GUARANTEED LOWEST PRICE | REAL TIME INVENTORY | BEST AVAILABILITY | UNBIASED REVIEWS | EXPERT ADVISE | ZERO BROKERAGE“.
Please Note: We can only help you – If you reach us first either by filling the enquiry form or by calling the mentioned numbers. It will be difficult for us to accommodate anyone on “GROUP BUY” schemes after completing the booking formalities or by posting your enquiry at multiple websites. As we need to follow a certain process with the developer to fit you on the special schemes.
We wish to full-fill your dream of buying a property at best price & working hard to benefit every property seeker.
Thank you.
Hi Harish,
Kindly share your thoughts on Prestige Song of the South and Prestige Lake ridge, we are confused between these two projects which one should select. Song of the south is costlier than lake ridge for us but considering the property appreciation which we should go with
Hi swati agrawal,
Both the project will fetch same ROI in the long run. You can consider prestige Lake ridge.
I am planning to invest in Prestige Lake Ridge. After visiting their site, though I am satisfied with the pricing and infrastructure, I am concerned about the following: 1. The lake nearby – Will it be detrimental in future. What is the status of this lake now. Is it going to be rejuvenated or going to be dried/demolished. Have read that it emanates foul smell and froth. 2. Is there a Cauvery water connection to this project.
Hi Rekha Sriram,
Lake will be rejuvenated by Lake Development Authorities & Builder has provided provision for Cauvery connection.
Hi Harish Achar,
I want to Finalize a flat in PSOTS Or in Lake Ridge, I liked the Lake Ridge Area which seems to be less crowd when compared to PSOTS, Can you please provide suggestion on this.
Hi Sunil Ramachandra,
Both are equally good projects in terms of living. You can consider based on your liking.
Dear Harish Achar,
Can you please let me know is there any plan to have cauvery water connection to prestige lake ridge?
Regards
Chethan
Hi Chethan D,
All the necessary provisions are made in the project for future Cauvery water supply.
Hello Harish,
I would request you to share honest reviews and comments for Prestige Lakeridge on :
1. Is this worth the price compare to other projects nearby ?
2. Location, considering the slum / Smell from lake nearby?
3. Price escalation in future ?
4. Are other prestige projects worth to buy (Personal usage)
5. Construction quality, amenities in this project ?
I am getting confused and in big dilemma to finalize.
Thanks in Advance!
Hi Anshul Vashistha,
Prestige group is considered as one of the top 10 developers in India & they assure you the best of quality. Prestige projects are equally good for personal use or for investment; You will not be disappointed by the quality offered by the builder & considering the project configuration Builder is quoting considerably better prices when compared to surrounding projects. The smell from the lake & slum is a temporary issue. Besides, LDA – Lake Development Authority is already in action to clean up & rejuvenate all the lakes located in Bangalore. We have a projected 7-8% growth rate for this project. I suggest you to go ahead with the booking.
Hi,
Mr Harish, I am willing to purchase an 1BHK apartment on Prestige Lake Ridge. Wanted to understand the future prospect for 1bhk unit in terms of rent or resale
Hi Harish,
Planning to buy 3 bhk 1744, Tower 5 facing lake side in PLR. Seeking your advise on the below 2 questions.
1. Some website quote that Tower 5 is very close to the lake and might get into litigation as Tower 5 might not adhere to NGT norms. Please advise.
2. What would be the source of water. Prestige tells that there are 4 borewells. Isn’t 4 borewells quite less for 1192 flats?
Thanks,
Manish Kumar
Hi Manish Kumar,
Need not worry. Prestige is constructing the project as per NGT norms & Project is clear from NGT as well. Besides, the rule is retrospective. With respect to your quire regarding the source of water – 4 borewells won’t be enough, there will be a dependency on water tankers as well. This is quite common across all the projects in Bangalore.
Thanks a lot for your reply.
Dear All,
Myself Vinay, i bought a 3 BHK unit in this project in 2016. we have a owners facebook group, it is strictly for owners. Please feel free to join the FB group, link as below:
https://www.facebook.com/groups/1578286865809640/
There is some revival activity happening, but not sure how far along it is or when it will be completed.
After revival the prices may go up
hi Harish, how would you rate out of 10 investing in lake ridge for a maximum budget of 80-85lakhs for 2bhk compared to falcon city?
Is it legally approved take property in lake ridge due to the lake close by?
Hi Kevin,
Considering future prospect, we can rate the project at 7.
Yes it is legally approved
hi Harish,
Thank you, Also the lake close by will it be an issue? contaminating near by water table etc?
Hi Kevin,
Water treatment plans are mandatory as per the govt norms and will be monitored for every 15 days period So you need not worry about the ground level water contamination. Prestige will install high level sophisticated treatment plans to make sure the quality is good.
I have purchased a unit 1073 in PLRD. Was going through the discussion and wanted to respond to a few:
1. The govt has sanctioned 3 Cr for the revival and beautification of the lake as per the deccan herald 3 days ago. The work has started and anybody passing by can view the same. They are clearing the contaminated water and making a walking track around the lake. Once done ,they will be clearing the weed and the stilt water. The process will take 6 months to a year for the same. Once done,you can imagine the view:-)
Hope every prospective buyer has caught up with the news what the lake ridge has to offer :)
Froth during rainy season and foul stench during summers. The groundwater from the borewell would be contaminated.
Dear Sir,
Requesting you to not share the wrong information,without having the complete information.
Do visit the area and have a look at the recent developments.
Dont blindly beleive Prestige and give advance token amount. no value they are keeping for their brand name. we gave token amount and for some reason we had to cancel the plan of buying the apartment. its been 3 months and still they r postponing returning the money
Prestige Lake Ridge Walkthrough
Harish
demonetization will effect on the pricing can you share ur view on that, planning to purchase flat here but heard news saying that RealEstates prices will come down so am bit confused
Hi Suresh Kumar,
Please find our views
Demonetization – Positive Impacts on Real estate
1. Improved Infrastructure
2. Cheaper Home Loans
3. Lower EMI’s
4. Attractive Investment
5. Greater ROI
6. More Buyers
1. Improved Infrastructure
Government will have lakhs of crores to boost funding in infrastructure schemes such as Smart City Mission, Swacch Bharat Mission, Housing for All etc..
New Airports in town, better connectivity to National / State highway, Up -gradation in city transport etc… all lead to increase in demand and prices of properties in cities over the period of time
2. Cheaper Home Loans
Since Banks will be flooded with funds, driving down interest rates on deposits and loans – Home Loan rates are expected to be reduced and some where between 7-8%
3. Lower EMI’s
Apartments to come within reach of buyers to lower EMI’s on loans due to lower interest rates
4. Attractive Investment
Historically at such low interest rates Real Estate industry gets a massive boost as property becomes attractive to both end users and investors
5. Greater ROI
Investors find investing in property more attractive than earning a minimal only 5-6% on bank deposits as simply buying and renting out gives them more return. Plus they create an asset and earn appreciation over a period of time and also get Income tax benefits
6. Finally, More Buyers
Demonetization will see the most money flowing in banking system from people in the Unorganized/Small Scale sector. Crores of New People entering banking system means that they will also be eligible to get bank loans and fulfill their dream of owning a home.
Overall Impact on the sector
The primary market or more specifically, the market formed by projects undertaken by reputed and credible developers in the top 8 Indian cities – will remain more or less unaffected. This is because buyers mainly End Users into such projects take the home loans/finance route to buy their homes, and transactions are done through legal channels. Therefore, there will not be any major impact on sales in this segment.
The Secondary market (Resale Market) – Due to involvement of black money and cash transactions the resale properties segment will take a hit. The reason being, the investors will not prefer an increase in % of the white component to avoid being on the radar of income tax department.
Conclusion
The passing of RERA (Real Estate Regulation and Development Act 2016), and demonetization, the move will ensure and become more transparent. Only players who conduct their business with integrity will survive, This bodes well for end-users, who will be aware of their rights and will be able to buy properties of their choice in projects.
Over the long term, the Indian real estate sector will emerge stronger, healthier and capable of long periods of sustained growth.
As of now, there is no reason to Panic for developers or the investors who have conducted their dealings transparently and legally. It will essentially be business as usual for them.
Also, pl go through the below article – about what Bangalore developers has to say
Harish,
Thanks for the details and this article gives bit of a relief. Want to however understand , just in case prestige brings down the price as an effect of demonetization, would the benefit be passed on to the people who have already booked ?
Thanks,
Sharat
Hi Sharat,
As far as we know; considering the past performances of reputed builders, even during the recession times the price went up to a certain low points, but never in the industry the builder has given lesser than the prelaunch price. But if incase, because of the demonetisation effect if the inflation turns to lower side and where by WPI (Wholesale Price Index) of construction industry reduces and thereby if the prices slash happens for future customers then you have all the rights to approach the builder for your justification and thus even the builder shall accommodate with the reduction uniformly on prorata basis because their brand loyalty matters then.
Harish
am planning to purchase apartmernt here, what is the good step can i wait till the price will reduce or can i go for now itself confused pls suggest
Hi Suresh,
By considering a good move from the government on demonetization & RERA towards development of the nation, definitely there will be improvement in realty sector and in infrastructure. We suggest you to consider your buying decision. Do not expect there will be correction in the price – Because even the builder would have consider his estimates based on the Land cost, Construction cost, Marketing Cost, Project investor (PE) Interest cost, Landscaping cost, Marketing cost, Liasioning cost, Overheads, Services, Architect & legal fees etc… prior to this demonetization. All this will not change because of sudden implementing of demonetization. So no business will run on loss.
And yes there would be changes in home loan interest rates where you can benefit and also you have an option to switch over to new home loan account, which gives you the maximum benefits.
Thanks Harish for information
Hi Harish,
Thanks a lot for the clarification.
Sharat
Sharat
are you booked the flat already? what is price you paid for SQFT?
Yes. I had booked initially at the pre-launch price
what was the pre launch price ?