Prestige Lakeside Habitat in Whitefield, Bangalore

Prestige Lakeside Habitat in Whitefield, Bangalore

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Key facts

Prestige Lakeside Habitat is a 2, 2.5, 3 and 4 BHK villa project by Prestige Constructions in Varthur Road, Bangalore, spread across 102 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
Varthur Road, Whitefield, Bangalore
More details
Builder
Prestige Constructions
Land area & towers
102 Acres · 24 Towers, G+19,29 Floors
Units
3428 Units (271 Villas)

More about Prestige Lakeside Habitat

Prestige Lakeside Habitat is the brand new residential apartment project by Prestige Group in the rapidly expanding neighbourhood of Varthur, Whitefield, Bangalore.

The residential enclave, Lakeside Habitat features the very best in Prestige Group Group luxury segment. The project offers spacious Apartments with luxurious features.

Beautiful landscapes all around Prestige Lakeside Habitat makes it more special & Elite.

The builder is guaranteed to bring a quality living experience to the community of Varthur – Whitefield with brilliant architecture and an equivalent lifestyle in Lakeside Habitat .

Prestige Lakeside Habitat Location has excellent connectivity & it is located at the heart of Varthur – Whitefield.

Amenities at Prestige Lakeside Habitat 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 Lakeside Habitat Reviews, Address and Availability

Prestige Lakeside Habitat address: 28/2, SH 35, Devasthanagalu, Gunjur Village, Bengaluru, Karnataka 560087.

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

Is Prestige Lakeside Habitat still available?

Prestige Lakeside Habitat 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 Varthur Road instead? These projects are available now: Abhee City Urban Glenn (Varthur Road, 2, 2.5, 3, 3.5 and 4.5 BHK from Rs. 1.17 Cr); Sumadhura Elysium (Panathur, 3 and 4 BHK from Rs. 2.61 Cr); Myhna Vistara (Gunjur, 3 and 4 BHK from Rs. 1.67 Cr); Adarsh Primrose (Gunjur, 3 BHK from Rs. 1.7 Cr).

Prestige Lakeside Habitat Configuration

Unit TypeSize in Sq.Ft
2 BHK1195
2 BHK1216
2.5 BHK1346
3 BHK1655
3 BHK1697
3 BHK2134
3 BHK2280
3 BHK2321
4 BHK2830
4 BHK2882
Villa TypeSize in Sq.Ft
Arista - 3 BHK3130
Arista - 3 BHK3117
Baylene4003
Baylene4033
Clara4934
Clara4827

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 Lakeside Habitat

Prestige Lakeside Habitat · Whitefield

28/2, SH 35, Devasthanagalu, Gunjur Village, Bengaluru, Karnataka 560087

Open in Google Maps
  • 6.4kmto ITPL, Whitefield
  • 10.5kmto KR Puram Railway Station
  • 11.7kmto Electronic City
More about the location

Prestige Lakeside Habitat is in Whitefield, East Bangalore, about 4.9 km from the Outer Ring Road. ITPL, Whitefield is about 6.4 km, KR Puram Railway Station is about 10.5 km, Electronic City is about 11.7 km and Manyata Tech Park is about 18.4 km away, measured in a straight line. The nearest Namma Metro line is the Blue Line (airport line), under construction, about 5.1 km from the project. Neighbouring localities include Varthur and Bellandur.

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 Lakeside Habitat

master-plan-prestige-lakeside-habitat
master plan

Prestige Lakeside Habitat 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 Lakeside Habitat 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 Lakeside Habitat Price

Unit Type Size in Sq.Ft Approx. All Inclusive Price
2 BHK 1195 to 1216 SOLD OUT
2.5 BHK 1346 SOLD OUT
3 BHK 1655 to 2321 SOLD OUT
4 BHK 2830 to 2882 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 Lakeside Habitat Reviews and Expert Opinions

  • Official Disney Theme Park design based Landscaping (in a direct Collaboration with Disney).
  • Close proximity to various IT Parks of ITPL, Business centers in Sarjapur Road, Marathahalli ORR area, and workplaces in and around the Whitefield - Marathahalli ORR area.
  • The area is very fast developing with multiple projects coming up in & around the location.
  • This is a massive, exclusive residential project with around 80% open/green spaces and with the brand name of Prestige Constructions making it a great option for self-use / investment.
  • Traffic Bottlenecks during peak hours while accessing various other parts of the city across major roads from Varthur and ITPL.
Share your Opinions and Concerns

More projects near Varthur 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 & Prestige Falcon City.

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 Lakeside Habitat Reviews

3.3/5 (143 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.

Join the conversation

Share your perspective

350 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.

  2. Prestige Construction has become horrible now, I bought one property in their Prestige Fern Residency and They delayed possession by 1 year. Funny part is that when you send email for compensation they do not even reply but they are asking customer to pay some additional money close to 50000/-, which was not mentioned anywhere in the agreement while buying the flat. They have interstate vat, which non builder charges unless they have communicated. They only reply to emails when they want to get money from flat owners that to Money which was not mentioned in any document and they are forcing flat owner to pay to do registration. Most importantly, they are compromising on many safety majors also which is even not expected by small builders also. Some areas after so many complaints also there is no fencing so dogs keep coming and some area there is not boundary wall also even after complaining also they are not doing anything. It is horrible experience with Prestige Constructions which all flat owners experienced.

  4. I am looking for 3 bhk flat and have shortlisted the following appartments. Can you please suggest which one will be the best one in terms of connectivity,appreciation and in future for rental

    1.Brigade Golden Triangle
    2.Prestige Lakeside Habitat
    3. Pretsige Tranguility
    4.Assetz Marq

    1. Hi Sabna,

      Prestige Lakeside Habitat would be ideal choice. when compared all the other 3 projects which you have mentioned. Reason being, Location, Disney Theme based, Vastness of the project & the Connectivity to Major IT Hubs.

    1. Hi Ramisy,

      Thats the reason NGT has come up; do not worry as already LDA has taken up this matter and started to take measure to prevent lake from any filth and to maintain and preserve it clean in the coming future

    2. And you think, this would happen very soon. Same line, even Prestige Guy is repeating like a parrot.

      As if builders here agree to what NGT says.

  6. Why has the price for LPH not appreciated? Is there any plan to raise the per SqFt rate in the short run? Is Varthur a better place to invest compared to Kadubeeshnahalli, Whitefield or Mahadevpura? Please advise

    1. Mahadevpura & whitefield is a better place than Varthur, the chemical froth emanating from Varthur lake is hazardous.

  7. Hi Harish,

    I am confused between couple of projects which are in different areas. First one is obviously PLH, and I am specifically looking for 2.5 BHK here as 3BHK doesn’t fit into my pocket. On the other hand, SJR Palazza City on Sarjapur road gives me option having 3BHK in same budget. Which property is better for end use? Also, which area (Varthur or Sarjapur road) has better chances of development in near future?
    Are there any points which I need to consider before locking down on any of the above projects?

    1. Hi Kush,

      Based on your query, we suggest you to consider PLH, reason Branded developer no hassles, also the resale value will be high when compared to SJR palazzo City,
      Location wise more or less both are at par and has their own advantages.

    2. I will suggest Palazza City as I stay near in SJR Verity. PLH location is really bad, no way comparable to Palazza City as it is near Eco space 2. Prices will definitely appreciate once Eco space 2 starts. Harish please give correct suggestions.

  8. Hi Harish,

    I am looking for 2.5 BHK in PLH, but i am concerned about the availability. Are you having any units other than what builder is displaying, like invester property, resale etc. What about this group booking sceme you mensioned in your earlier comment.

  9. Hello Harish,

    I am confused between the Urban forest and PLH project. Liked UF concept but slightly sceptical about the builder and approvals. Which one do you suggest would be good for self use?

    1. Hi Navneeth,

      Both are good projects; but yes Prestige brand adds an advantage. We suggest you to consider based on your work location and other convenience like kids school, entertainment area etc..
      Alchemy Urban Forest project is going as per the schedule and need not to worry, so you can consider both.

    2. Hello Harish,

      Thanks for the suggestion. Do you think i should wait till july 31 to book a unit from UF?

    3. Hi Navneeth,

      Hope that would be fine, but just check on your preferred unit availability

  10. Hi,
    I am new to this market. I am looking to buy a 2/3bhk apartment and have a total budget of 72 lacs including cost of registration/stamp duty and all extra charges. Can you suggest some properties to me? I am looking at investments near IT corridors in Bangalore as I work in an IT company.

  11. This property looks beautiful except for the approach road. PLH team says that the SH-35 widening work is going to start soon. But is this news true? Also, what’s the status on PRR road, can we expect the work to start soon? I have been hearing about PRR since a long time and hence a bit apprehensive on the PRR project.
    What is a realistic completion time for the project? Does early 2018 look feasible? PLH team was mentioning the construction would be over by March-2018.
    @Harish, please suggest if this is a good property for self-use? which other option should I consider in this area and whitefield?

    1. Hi Akash Singh,

      No Doubt it is one of the best project to look at, do not be concerned about the current infrastructure, for sure Over the period of time the area and infrastructure should develop, as the study about the area from other sources says this locality boost good growth in terms of appreciation.

  12. One Major concern I have is the CDP road running right through the property.. Wouldn’t that literally make all the landscaping go for a toss?Especially with the traffic situation here, people might use this road frequently to cut right across the property….This point has never been addressed here actually.

    1. Hi Harish, could you pls adddress the concerns regarding the CDP road? how would that affect the property especially since the USP of the property is landscaping!

    2. Hi Rohan,

      Yes, its been clearly mentioned in the Master Plan showing the proposed pathway of CDP road. We don’t see any hassle and infact the connectivity becomes easier, because as per the norms of the authority the CDP has to be given to open public since it is being large area of development; and also the Landscaping is beautifully done by segregating and bifurcating the project.
      For example and live analysis you could find these kind of CDP road in the project like Brigade Millennium, DLF westend Heights etc..
      So it won’t affect the beauty of the project and infact the same shall be maintained by Prestige Management.

  13. Hi Harish,

    I am looking to buy a 2.5/3BHK apartment and I am unable to decide between PLH and Habitat Eden Heights. Looking for a place where I can stay or can easily put on rent in case I switch jobs to a far off place. While PLH provides the brand name and the comfort of a massive society, HEH has better location and proximity to metro (thus, better connectivity).

    I saw your comments about widening of Varthur Road and also of road to ORR. However, on a recent visit to the area, I didn’t see any scope for the widening of the road connecting to ORR. Kadubeesanhalli is a congested area. Is there an alternative road coming up? Also, what are the prospects of PRR coming up and does that impact this project?

    Highly appreciate any help here.

    1. Hi Tejeshwar,

      Both are good projects, but looking in to your future perspect PLH would yield good value and return on investment and easy on disposable factor(If in case).
      Yes connectivity wise, as of now PLH looks bit constraint when compared to HEH, however considering at longterm, one can see massive changes happening, the road is going to act as Intermediate Ring road in future connecting from Sarjapur-dommasandra junction to almost north bangalore rear side of international airport area passing through via Budigere.
      PRR will also boost the value of the area and is away from the perimeter of PLH so need not to worry.

    2. Hi Tejeshwar,

      I have 2.5 BHK in PLH and planning to let go it. If interested can contact me.

  14. Hi Harish,

    I am looking for 3 BHK for self use and in the same time looking for reasonable appreciation off course and priority is for excellent connectivity for future . My office is in MTP and staying in ORR – Mahadevpura area for quite some time . I am confused between Bhartiya City and Prestige Lake side Habiat, I am assuming both has all approval in place and there should not be any problem with getting A Khata , OC etc.

    appreciate if you can help me here.

    1. Hi Krsraj,

      Both projects are at strategic locations and also as per the study, both the areas across in bangalore will set to raise good appreciation in near future ( Thanisandra and Varthur)
      So, looking in to your current work place we suggest you to consider Nikoo homes.
      Also make sure you get the unit as per your preferred choice.

  16. Hi Harish, I am truly in the awe of PLH but wanted to get your views on certain aspects of the area. I work in PSN and strategically closer for me to stay there. But i wanted to understand the value of owning a home in PLH will create for me. Do you think the area around would develop like another whitefield? Is there any IT parks coming near Varthur Lake? Prestige claims that the main varthur rd will become 150 ft wide rd which is approved. they also mentioned that a open public rd would newly built which would pass through the property and in 4 kms connect ORR at New Horizon College of Engineering. any views? also is there govt efforts to clean up varthur lake as prestige mentioned govt has set up a STP plant for this? I am looking for guidance if i can compromise on location a bit to enjoy the luxury living of PLH. Thanks

    1. Hi Sunil,

      Certainly its worth buying a unit in PLH. This area is more often considered to be residential than the commercial hub. The main factor to be considered here is the vicinity to good schools and also it acts as a epicentre to Sarjapur IT Belts, ORR, electronics city and ITPL. Yes the road widening of Varthur road is approved and also which connects to ORR at New Horizon college. LDA ( Lake Developement Authority ) has already initiated the lake cleaning work of Bangalore area. You can see the estimate board is placed in some of the lakes already.
      You can consider the location.

  18. Hi Harish, Do you think investing in Varthur at this time is a Good idea ? As I understand Bangalore Property rate have not risen from Last 2-3 years. Also considering Shobha / Prestige other builders having such a vast number of New Units in this area. Will it give so much appreciation for investment over 5-7 years horizon ?

    Thanks & Regards
    Ashwin

    1. Hi Ashwin,

      Yes it is worth investing, some patience is required at this point of time., As discussed in earlier comments the clarity on RERA, Demolition drive, Lake Encroachment etc.. have to be resolved and settled, we are expecting the rise in property market would begin in next financial year onwards.

    2. Hi Harish,
      I understand in the Last 1 year PLH rates or Whitfield Rates have not even increased by even 1-2 %. Is that correct ? Would you still recommend to invest in Varthur Area / PLH per say?
      You can please correct me if I am wrong in saying so.
      What changes do you expect in that area in the next 2-3 year so that we can see Good Returns if we invest here.

      Thanks for your help.

      Best regards
      Ashwin

    3. Hi Harish,

      I understand the Price of PLH/Varthur area has not risen by more than 1-2 % since last 1 year.

      Would you still suggest this is a good area/Project to invest.
      What developments can be expected in next 2-3 years around this so that one can see a good investment proposal here?

      Thanks for your help.

      Best regards
      Aashwin

    4. Hi Aashwin,

      Yes, we would suggest you to invest in here, if all your convenience are near by. Though the value is not appreciated up to the mark but by considering cumulative avg in another 3-4 years time the appreciation of 12-14% YOY basis can be expected.
      The key demand drivers are like – Expansion of IT / ITes and the e-commerce industry, More employment and proximity to Workspace, Good schools, Upcoming infrastructure projects like the metro rail, ORR and Peripheral Ring Road etc.. would boost the value

    1. Hi Venkat,

      Thank you, Yes PLH Project has all the necessary approvals including CC and good project to invest in.

  21. Hi Harish,
    How do you compare an 2bhk apartment in PLH with icon sanctuary!! Both costing the same 72 lakhs. Which one do you prefer for end use and investment!! How much appreciation I can see for both after 2 yrs from now?
    I want your detailed analysis with some pros and cons of both.

    1. Hi KK,

      Both are equally good for investment and as well as for end use., It Purely depends on personal choice, as some may be interested in individuals houses and some go for an apartment complexes,
      The differences between two projects are
      Brand – Prestige hold good brand advantage when compared to Icon Homz
      Location – You may get lots of options if you are ok with icon Homz, but very few with PLH (themed Concept – good for kids)
      Price – Considering ITPL and other important location as Centre of circumference, then PLH is recommended,
      however both the projects holds equal advantages and has their own value for product at which the price is quoted.
      If i were you and working near by white field zone then would have chosen apartment and invested some portion of amount for plots.

      As said its purely personal choice. :)

    1. Hi Suresh,

      We are not clear on the exact location of Embassy Cornerstone Business Park, But presume some where close to their Campen Valley Project – Muthsandra

  25. Hi Harish,

    I am holding an 2 BHK(1195 sft) in PLH. It is east facing main door and the view from the flat is towards villas and open area. It is in 23rd floor and costing me around 80 lacs including registration. One of my friend recently took an Villa very near to Sarjapur Town and the possession is in 2017 and costed him the same 80 lacs. I am now worried on the appreciation of the PLH compared to that Villa and thinking or reselling my flat at PLH and buy the Villa near Sarjapur Town. My friend says Villas will appreciate atleast 50% but flat at PLH might not. Need your suggestion on this to retain the flat at PLH or sell it and consider the Villa!!
    Suppose if i retain the PLH, can i get the same appreciation as those Villas in 2 years?

    Thanks!
    kiran.

    1. Hi Kiran,

      We suppose you have taken unit in PLH for self. If not, as said by your friend the villa would fetch good returns when compared to apartments. But Comparatively the location plays major role. The buyers for Apartments are more when compared to villa which is very far from the conveniences.
      Need not concern much, PLH project itself will act as good living community as it is being developed in large area.

  26. Hi Harish. I am considering buying either Hiranandani Upscale (Bannerghatta Road) or PLH. Could you help with which is a better property to buy ? This is for personal use and not an investment. I heard that Upscale has been in trouble and has had issues with litigation and has taken a lot of time since its launch. Please suggest. With PLH, my only concern is whether it will be completed in march 2018. Please let me know which is a safer bet. I do not want to get stuck with court stay orders because of litigation etc.

    1. Hi MM,

      Both are good projects, As you said the only concern from Hiranandani is the delivery period, because its been delayed than stipulated time. At this point of time we suggest you to consider PLH as it is being the large development and construction is as per the schedule and is free from any encumbrances.

  27. Hi Harish, we are looking for a 3BHK in Whitefield area and have zeroed in 3 properties. PLH , Assetz marq and Urban forest. Our main criteria is connectivity to main areas and transport. Assetz marq and Urban forest are on main road and have good bus connectivity and also metro station is coming up nearby. We liked PLH as well but are a bit concerned about connectivity. Can you guide us ?

    1. Hi Nicole,

      As per our views, In coming years definitely PLH holds good potential when compared to all other projects., because of its Massive Size, configurations, and themed concept. Though the connectivity as of now looks bit concern but if you see the trend and the market research reports, says that the connectivity is mentioned as golden quadrilateral – which connects to Varthur Main Road, Sarjapur Main Road, Marathahalli and ORR stretch., where you can have good schools, near to IT zones and entertainment areas., etc.. suggest you to consider PLH.

  28. Since it has appreciated by 10% ,according to you, in almost 2 years, I would like to know know from you whether it is a good buy and what will be the approximate value after the same is competed sometime in 2018.

  29. Hi Harish,

    I am booking a 2.5 BHK through your team but the builder is not giving any discount despite your teams best efforts stating the view towards water bodies is premium and selling like hot cakes. What’s the base price now? And would 2.5 BHK be difficult for a resale

    Another question is around the sewage at Varthur lake – How would PLH handle it considering its close to a contaminated lake

    Last question – how would you compare this to Prestige Ferns Residency considering its similarly priced

    RM

    1. Hi RM,

      The base Price for 2.5 BHK with Preferential unit (View of water body) is Rs. 5400 psft. The premium units are easy to dispose and will have good demand in resale. As far as the Lake is concerned, The Lake development Authority have taken up good initiative and setup an expert committee team to find a solution to the problems and are working towards the improvement of the same.
      Prestige Ferns Residency is good if you consider the location near sarjapur road and PLH is good if you consider ITPL. However PLH holds good in terms of concept and Large community living.

  30. I have recently bought a 2.5 BHK flat here and builder agreed to the 10:80:10 scheme and am taking home loan from SBI. @Harish – Could you please verify once again else the builder is lying to me because currently I have only paid the booking amount and agreement is yet to be signed.

    1. Don`t fall in trap of pre emi scheme. It is a scheme which will make artificial appreciation of per SQFT price. Builder will utilize your CBIL and get 80%+10%(You pay) from 1st month of booking. In case builder fails to pay interest you need to pay. Builder will only pay the interest for 12-24 months. Please check with builder about how many months they will pay interest part.

      You will end of paying more later and since you got the flat with artificial price increase getting profit from it is very hard or appreciation will be less than Fixed deposit rates.

      If builder takes more than 2 yrs to handover then you will end up paying more for the flat.
      Construction link plan generally protect buyers.

      Ask the developer to reduce 600-800 rupees per sqft price and go with construction link plan, You need to arrange 20% of total cost of the flat in the beginning.

    2. Hi Shikhar,

      Sorry, My Mistake – 10 : 80 : 10 option is available, your EMI starts immediately, there is no emi holiday like “no pre emi scheme”.

    1. Hi Rashmi,

      Both are good projects to consider. I would prefer Lakeside Habitat because of its concept.

  32. My son Avik Banerjee has booked a flat in PLH (6241). He is away in Londn to study in London Business School and I am paying on his behalf.He has booked the flat in june,14.May I know the appreciation in value terms. Regards

  39. Hi Harish, I was think of investing in a 3 BHK at Prestige lakeside habitat, I saw your comments in reply to Archana to invest in a plot than in a apartment. around this same area as lakeside habitat which projects do you suggest for plots. I do not stay in India. Thanking you in advance. Rajesh

    1. Hi Rajesh,

      Yes, Plots yield higher growth rate in long run. But there are no good plotted development near PLH. You can consider buying a plot in The lake view by Address makers located in electronics city.

  41. Hello, I am researching on Undivided land share. Lets say i invest in a project like adarsh palm retreat or prestige lakeside habitat ( Villa& Apartment) , do they register the plots in our name and give UDS for common area only? Clearly the BUA of villa indicates the entire FSI is not consumed on my plot, So m I allowed to build more later or they have used up my FSI in construction of apartment building in same project? In which case, How is the UDS of villa owner calculated?

    1. Hi Naiumun,

      UDS will be allotted based on the foot print of the construction area but not on common area.

    1. Hi Sangeeta S,

      Prestige holds upper hand in terms of project concept and configuration when compared with Sobha Dream acres. Sobha Dream Acres is meant for self use than for Investment.

  43. Hi Harish
    We have also seen the news that the project is under progress without the necessary clearance from SEIAA.On enquiry, it is known that they have already submitted for necessary approvals and should come through soon. But in light of this, could you please let us know what are the different documents/ clearances that a prospective buyer should ask for from the builder. We would definitely not want to land up in an issue while making such a big investment. Thanks in advance.

    1. Hi Poornima,

      Prestige has received the Environmental Clearance for Prestige Lakeside Habitat Project vide reference No: SEIAA 96 CON 2014 dated 14.12.2015.

  46. Hi Harish, Most of the villas sold in India are like row houses with very less space in between the villas and almost zero privacy. Be in PLH or any other project…the spacing between the villas is very less. Is there any villa project in the whitefield area that offers good privacy and ample space between the villas. Thanks!

    1. Hi Melvin

      There are Villas like Chaintanya Smaran in whitefiled and Raffles Park which fits all your requirements and the budget range being 5.5 Cr to 8.5 Cr.

  47. Hi Harish, I live in USA. I am looking forward to invest in Bangalore. It is basically for investment purpose. i am confused if i should invest buying an apartment or plot. How is the option of Investing in Prestige lakeside habitat with the current price? Will it be easy to resale at the time of possession or after couple of years? Please suggest options if buying a plot is a better investment. Thanks.

    1. Hi Archana

      I have a 1216 SFT premium apartment at Lakeside Habitat. It is located on the 14th Floor. Let me know if you are interested in buying the apartment. You may contact me at 9980131939

    2. Hi Archana

      Looking at an investment perspective. Investing in a plot is better than investing in a apartment as returns are high in long term. Wrt to PLH, you can consider PLH as project has good potential in terms of re-sale during handover or post possession as well.

    1. Hi Mrs Manjunath

      Both are equally good projects. But PLH would be a good option as its a theme based and a larger community project.

  50. Hi Harish,

    I have been following your views on PLH and other projects around whitefield. As such, considering the construction quality, pricing, builder, amenities, location etc, I invested in this project.
    However, I have few concerns : (a) since so many projects are coming in varthur and pannathur, if the road expansion doesn’t happen , it will be very chaotic. How do you see the road expansion happening and by when do you expect the same to finish. Is there any probability of metro coming near by.(b) expected completion time is Jun-Dec 2018, do you see this feasible? In case of Prestige shantinekatan, it took almost six to seven years to complete (c) cleaning of varthur lake, is that expected to happen? Because, we were told that there is no concern on ground water level due to availability of Varthur lake by Prestige at the time of booking. If the builder is relying on Varthu lake for the sufficiency of ground water, don’t you think it will be risky considering the recent new on Varthur lake. (d) Expected maintenance cost? (e) How do you see the ROI on this project and how much rent it is expected to fetch.

    Thank you Harish.

    1. Hi Arjun,

      As per latest News on Civic development 55 Crores has been dispersed from state govt to widen the road.Hope the Road will be ready before PLH handing over. Govt is Actively working on Bangalore infrastructure, Hope to see all the development in next 2yrs.

  52. Hi Harish,

    We are planning to buy a flat in bangalore near whitefield area and very much confused now. price and area wise prestige lakeside looks good but possession is very late. please provide your feedback and help us where we should invest our hard-earned money for secure future.

    Regards,
    Yashvi

    1. Hi Yashvi,

      Its worth waiting for Prestige Lakeside Habitat. Incase, If you are in hurry for possession you can consider Divyasree ROW or Brigade Lakefront.

  53. Hi Harish, I didn’t quite like the plan of Gran Carmen. Are there any other projects to look at or is Prestige/Gran Carmen my best bet. Also, do you suggest Gran Carmen over Prestige Lakeside? If yes, what are the reasons for it.

    1. Hi M.Sharma,

      My suggestion is purely based on exclusive villa community. You can even consider G Corp Around the Mangos.

    1. Hi Sudha,

      Both the projects follows same growth trend. Prestige falcon city holds location advantage.

    2. Hi Sudha,

      Both projects follows same growth trend. Prestige falcon city holds location advantage.

    1. Hi M.Sharma,

      You can consider Type B Villa. If you didn’t like it. You can consider Address Makers Gran Carmen.

  56. Hi Harish,

    Which one you’ll prefer in terms of quality living – PLH or SAH (Sobha Aspirational)
    Price of both PLH(5040) and SAH(4717 + P) looks similar.
    PLH has been launched around 1.5 year ago. Do you think its still good to buy home here in current price?
    Please let me know.

    Thanks,
    Swapnil

    1. Hi Swapnil Jain,

      PLH holds upper hand in terms of project configuration. I suggest you to consider PLH.

  57. All PLH customers, please read clause 11 and 12 . It appears that under lot of legalese , these two clauses restricts you to sell your property only to PLH or if you are allowed to sell to a 3rd party, you are expected to pay some fee to PLH.

    Apart from this you may be expected to pay for stuff which normally should be covered under maintenance charge. People might want to clarify these points while there is still time

    Finally, the agreement between owners of the land and the builder is a development agreement and is legal only if the builder delivers the various properties to the owners as per the agreement. In case the builder defaults on the agreement with the owners, your agreement with Prestige may also be challenged. So there must be a clause that indemnifies you against any future litigation between the Builder and owners or any third party

    1. Which clause are you taking about. In Sale agreement or construction agreement.

  58. Hi Harish,

    Firstly, thanks very much for sharing your expertise on this project. It is a boon to investors like me. I am seriously considering investing in this project. I have the following questions
    1. I see in these comments and elsewhere that BBMP has not sanctioned the plans yet. If so how is that constructions are going on as of now?

    2. Will the occupation certificate be handed over along with A Khatta at the time of registration. can we add this in the sale agreement?

    3. Will the Builder indemnify us against any legal complications in future? Can this clause be included in the agreement?

    4. What kind exit options do we have if we decide to exit due to builder delaying the project beyond grace period or for any reason is not able to complete? How will we be compensated?

    5. The project will be maintained by prestige and not handed over to the owners association. The maintenance amount after one time maintenance and sinking fund is supposed to be Rs.2/= per sq.ft according to one their marketing executives. Can this be put in the agreement with a clause to allow increase only after approval from majority of owners?

    1. Hi Sundar,

      Builders can construct up to 4 Floors by obtaining BDA Approvals, to construct balance floors, builders require BBMP approvals. A Khatta will be handed over after possession of complete project – but not at the time of registration. Usually builders will not change or add any clause in the agreement based on customers request.

    1. Hemant, have received mail (2 days back) from PLH CRM that they have got the BBMP approval and soon going to get the approval letter which they are going to share with the customers. I am customer of PLH.

    2. I was going through the draft agreement of PLH. Under section 5, which deals with handing over of the property, the clauses are such that you are forced to take possession with in 15 days of intimation, without receiving Occupation Certificate from BBMP. Occupation without occupation certificate is illegal under statutory laws. In fact nowhere in the agreement can I see any clause that says OC will be issued to the purchaser. Also nowhere in the agreement could I see a clause that says the agreement will be registered after receiving full and final payment.I think the agreement should have a clause on OC and registration

    3. Hi Hemant Mishra,

      You can cross verify approval number in BBMP Office or you can even get verified by lawyers. besides, you need not to worry much on this. As no builder can give fake approval numbers.

  60. Hi Harish, Please let us know the price.sqft in PLH. PLH is coming up with 23+ floors, is it advisable to get the flat in 20+ floor. Will get the return if the flat is positioned at top of tower, say 20 or 21st floor?
    How much appreciation we can get by eod of 2018?

    1. Hi Mohamed Ansari A

      Price of PLH is 5040 onwards. From the investment point of view top most floors are not advisable. You can expect upto 6500 – 7000 per sft by 2018.

  61. Hi Harish, we are looking for 3 BHK apartment and we narrowed down to 2 projects – Prestige Lake Side Habitat and Vaswani Exquisite. We looked into both these projects in depth on advantages and disadvantages on both these projects. The only two things concerning on PLH is whether the Contaminated water in Varthur lake will seep and under ground water for this project may be contaminated. Marketing has said the lake is 1 Km away from this project; but as the lake is a big one covering 400 acres of area, I am not sure of this. Please advise. Second thing is that on March 14th, State Govt has sanctioned for widening and I believe the commutation time between PLH and ITPL will be reduced. Please advise whether PLH would be a better choice than Vaswani Exquisite.

    Vaswani Exquisite on the other hand is just 1.5 Kms from ITPL; but it is slightly over priced (2134 Sq.Ft 3 BHK in PLH is almost equivalent to 1830 Sq.Ft in Vaswani Exquisite and moreover they have just met ratio of number of units per acre (420 units in 4.5 acres) leaving just enough space for open.

    Please provide your advise

    1. HI Saj Nair

      Water treatment plans are mandatory as per the govt norms and will be monitored on every 15 days period So you need not worry about the ground level water contamination et’ll. Prestige will install high level sophisticated treatment plans to make sure the quality is good.
      On comparing between, PLH or Vaswani, its your call whether, you want to live in a large theme based project which is quite a distance from your workplace or you want to live in a premium project with lesser apartments which is close to your workplace. The reason for high price in Vaswani Exquisite is the location, whereas, PLH is a large township construction in Varthur. Both are equally good projects, but based on your requirement, you can consider either of them.

  63. Hi Harish,

    Thanks for all your valuable input. I have a question regarding the PLH , I have checked the master plan . And I am planning to take a 2 BHK from tower 1 , 2 and 3.
    But I see there is an open land between tower 1 2 and 3 and PLH villa. PLH say they have accuired it . How can assur it as I dont see it in master plan . Master plan say private property.Please adivce

    1. Hi Nithin

      Kindly ask them for the updated Master Blue print plan. If its acquired that property will be part of the project. Else, they should be in the verge of acquiring the same. As far as we know they have not updated us regarding the same.

  64. Hi Harish,

    Still the BBMP approval is not in place.Recent article from Times has clearly told not to buy the apartment without government approvals.Its been more than a year from the prelaunch of lakeside habitat still there is no BBMP approval.Can you give the clear insight regarding this.I have already booked the 2bhk before one year.Now I am kind of hesitant about the appreciation of the project and the BBMP approvals.

    Thanks in advance.

    2. Hi Kiran

      Need not worry as approvals are in almost final stages. In pre-launch no approvals will be there and the price will be lesser. Post approvals the price will increase. Builder has obtained NOC from BDA hence, BBMP approvals should also come through soon.

    3. Hi Kiran, I am not a property expert like Mr. Harish. But I feel investment in this project is not wise, particularly if you are planning to resell.As per sections 12 and 13 of your agreement, you can not sell to anybody but the builder or pay them a transfer fee of 100-150 per sq.ft.

      Your apprehension about BBMP is valid. Even if it is approved today, any change to the plan in future,which is a likely scenario, will require re-approval. As such getting OC for your building looks very doubtful. There is no clause in the agreement that says OC will be issued along with possession. There is no reference to Khata transfer as well

      Lastly, as per the original land development agreement, the builder does not have clear title on the land. The builder’s right to sell is contigent uopn his complying with the terms of the develpment agreement. If there is a breach, then the builder’s right to sell no longer exist. You must indemnify yourself against any future litigations

  66. Hi Harish, I am interested in 2.5 BHK in PLH. Have a couple of questions.
    1. What is the current price (sft) of the project? How much total it would cost?
    2. Does the project has all the clearances and NOCs etc. from various Govt. authorities?
    3. What is their handover schedule look like; thanks

    1. Hi Mayank

      RMZ Marq has more potential and holds upper hand in ROI when compared to Prestige Lakeside Habitat. Reason being, Marq is still in Soft launch phase and limited number of units.

  69. Hi Harish, currently which project would be best for booking for personal use around varthur / East bangalore within 80 lacs budget for2/3 BHK, i see PLH to be almost an year since launched, does it still good to book at PLH ?

  71. Hi Harish
    I am planning to buy an apt for end use . I am almost sure on PLH .
    how much do you think property would appreciate?
    considering quality living which property would you suggest Divyasree ROW,plh, Falcon City,silicon vally?

    1. Hi Parin,

      Based on your requirement, i advise you to consider PLH.
      By the end of completion you can expect Rs. 8000 psft, price may vary depending upon it’s view, type, floor and facing…

  74. Hi Harish, I have a concern on the payments. They have asked to pay the amount for bimonthly instead of construction progress. If that is the case, there is no assurance that the project will be completed by mid 2018 and we end up paying pre-EMI till they finish the project.. Moreover, we do not get Bank Loans if the project EMI is not with construction progress. If I book the house now, I need to pay Booking Amount, 20% of the sale value + last 4 payments which is not correct if we check the progress of the project.Could you please comment out the pros and cons.
    2. What are the other projects that are around PLH.

    1. Hi Susanth Alajangi,

      Prestige is collecting PDC’s for Safety. Demand note will be sent to you / bank based on construction Progress.

    2. They are collecting PDC’s for future payments which is bimonthly. For previous payment Susanth is correct, we end up paying before even construction start.

  75. Hi Harish, we have the following critical concerns regarding the project. Can you pls let us know how is this being tackled by the builder?

    1. As per Income Tax Act, 1963 U/s 24B, we can’t claim tax benefit of interest if the project is not completed within 3 years from the end of the financial year in which loan is taken. So, the above mentioned project is scheduled to be completed by Mar-18 (May go for 6 months more). Since, it is > 3 years we will not be able to take this benefit. Secondly, we will be able to take tax deduction of Rs 30k p.a. as tax rebate on interest as compared to Rs 2 Lacs p.a. once it is occupied by us, on a yearly basis;

    2. After careful analysis of the project, we came to know that the near by lake Varthur is polluted and the near vicinity ground water has been contaminated totally. So, how are you going to tackle on this aspect? What is the source of water for day to day use at project?

    3. Is all the approvals available for the project?

    4. What is the plan for Cauvery water?

    By the way, a ton of thanks for the clarity provided by you above…

    1. Hi Murali Kashyap,

      Tax act which you are referring is applicable for Plot Purchase. Incase if you buy a plot in an plotted development, You need to build the house with in 3yrs to avail tax benefit. In case of apartment, Tax benefit is subject to registration of the property. All Approvals are in place for the project. As of now, there is no Cauvery connection to the project. Builders usually instal water softeners or purifiers for Ground water source.

  76. Hi Harish, I am from Mumbai and I am looking for investment options in Bangalore. I came across a few projects namely Lakeside Habitat, Shikharam, Marq by Assetz. The primary purpose now is for investment but later maybe I might plan to move to B’lore. I am looking for either 2, 3 or 4 BHKs which might be easier to rent out or sell in case I don’t move to bangalore.
    Compared to Mumbai how much of an appreciation can I expect for the above projects in Bangalore 4-5 years down the line.

    I visited the Lakeside Habitat site but the surroundings is a village and it looks like it might take years to develop. What is the development planned around the project? I also heard about the NH being expanded and a road planned from internally within the project which connects to the ORR.

    1. Hi Hitesh Mulchandani,

      Based on your requirement i advise you to consider Prestige Lakeside Habitat. Project holds further scope of 60 % Growth by the time of completion. Project will also get connectivity from marathalli ORR via pannathur and also to Sarjapur ( Where most the IT Giants has purchased land ). Besides, Builders Like Sobha, Adarsh holds huge land parcel near the project. by 2020 Whole location will change with well planned connectivity.

  77. Hi, I am planning to book a 3BHK villa in PLH. Current price is 7650/sqft. Do u think it is bit highly priced or not? Also If I sell this during possesion, what should I expect. If I hold this for 3-4 years more after possession and then sell, what should I expect. Assume I will applying for home loan so after possession I will be paying lot of interest during initial 3-4 years. Reply

    1. Hi Manish,

      Current Land Price is Rs.4500 – 5000 / Sft and construction cost would be Rs. 2500 / Sft….Together Rs.7500 /Sft. Besides, Considering add on costs like Project Development, Marketing, Legal Charges, Disney Theme, Prestige Profit, Etc… Builder is quoting as per market standard. You can Expect Rs. 9500 – 10,000 / Sft by 2019.

    1. Dear Heney N Subhash,

      I understand, ROI is Same. PLH is theme based and unique. I advise you to look at PLH.

  81. Hi Harish could you suggest an ideal property for living as well as good for a 5 yr ROI/ capital appreciation. Is PLH still a viable option at its current price. How does it compare with Assetz Marq or other comparable properties on the Marathalli ORR, Sarjahpur Road.

    1. Hi GKB,

      Yes, PLH still a viable option at its current price. You can still consider it for Investment. Project cant be compared with assetz marq because of its uniqueness and location.

    1. Hi Sharitha,

      Its highly difficult to find 2.5 or 3 BHK @ 70 Lacs. I would advise you look at 2 BHK in Divyasree ROW / Sumadura Ripples.

    1. Hi Prasad,

      Current price is Rs.4950 / Sq.ft. As of now, There are no equivalent projects to PLH.

  84. Hi, I am planning to book a 3BHK villa in PLH. Current price is 7650/sqft. Do u think it is bit highly priced or not? Also If I sell this during possesion, what should I expect. If I hold this for 3-4 years more after possession and then sell, what should I expect. Assume I will applying for home loan so after possession I will be paying lot of interest during initial 3-4 years.

  86. Hello harish,
    I m planning to book 3bhk for self use ..i m confused between these 5 projects..the options are sobha silicon oasis, brigade cosmopolis, prestige LH, prestige falcon city and adarsh palm retreat lake front..can u suggest me which option will be good for self use….

    1. Hi Plaban

      You can consider 1st option as Silicon Oasis and 2nd option as Falcon City and third as PLH.

  87. Hi Harish, I am planning to book a 3 BHK 1655 sq ft with PLH as it seems good option for all reasons you’ve stated in these posts. However the sq ft price is quoted as 4900 right now from the initial 4700 quoted in 2013 during pre launch. Will this still be a good option in terms of both ROI on investment and if I decide to occupy upon completion? Eager to hear your thoughts on this increase sq ft price.

    1. HI Harish

      Its wise decision to opt a unit at PLH even if the current price was 5500. you can consider this option.

  88. Hi harish please help i want to book a 3 bhk house max in 1.1 cr my choices are brigade cosmopolis and prestige lakeside habitat. Please help. I am new in bangalore please who are top 3 buiilders in bangalore. Rahul

    2. Hi rahul

      I recommend you to consider PLH. Top builders in Bangalore are Sobha, Puravankara and Prestige

  90. Hi Harish,

    Can you advise how is Adarsh Palm Retreat (apartments) for investment/end use. Though you have not reviewed the project, the current proce is between 6000-6500 per sft. Pls let me know. Thanks

    1. Hi Gunj

      Project is good for end use, but not ideal for investment as it has already reached its appreciation levels. But good for rental investment.

  91. Hi Harish, I want to buy a home in Marathalli,gunjur, verthur,whitefield area in the budget of 50 lacs for self use / later rent/resale. Can you please help me pick the right one which would give me appreciation in future?

    1. Hi Anjana

      You can consider VBHC Serene town at Whitefield or Samruddhi Winter Green @ Panathoor Marthalli, ORR.

  92. Hi Harish,
    I live in a self owned flat and I am selling off one property in Delhi and looking for an investment.
    I am confused between buying a flat in Adarsh palm retreat phase-3 (around 1.6-1.7 Cr) or invest in a villa in PLH.
    Which one would you suggest?
    Thanks
    Ashish

    1. Hi Ashish

      Its a sensible option to go with PLH Villa, reason being, Adarsh Palm retreat has already reached its peak in appreciation

  93. Hi Harish, I know, I may not be comparing best builder (like Prestige) with medium builder like Mahveer. But would like your opinion on booking a 2 BHK in Lake Side habitat Vs. for same amount getting 3 BHK in Mahaveer Ranches (on Hosa road). Which one one is better for ROI as well in case to stay ?

    Padmaja

    1. Hi Padmaja,

      Prestige Lakeside Habitat will fetch you Better ROI. Project is equally good for self use / Investment.

  96. Hi Harish

    I’m based out of Washington and plan to settle in Bangalore in next 4-5 years. Looking for a villa project from reliable builder. Based on my research seems like PLH is now a lost opportunity since all good villas are already sold. Can you suggest if i should still try in this project or wait for any new villa project or think of buying a villa in PLH in release next year?
    Appreciate your honest opinion.

    1. Hi Ravi,

      I suggest you to check on latest availability on PLH Villa. If you get feasible one. Go for It.

  97. Hi Harish,
    I am looking towards booking a flat in either Divyasree ROW or Lakeside Habitat.
    What is the appreciation percentage that you foresee in the next 5 years for these properties, and what would you suggest. How much can we expect rent-wise, after 5 years.

    Is it worth looking at Haralur Road, Hosa road developments – or do you think the prices are already quite high over there?
    Vijay

    2. Hi Vijay,

      I suggest you to consider Divyasree ROW. Reason being Location. Projected Growth by 2019 for Divyasree ROW is 70 % & Prestige Lake side Habitat – 65 %. Rental Returns by 2019 for 2 BHK – 30000 & 3 BHK – 45000. Instead of Haralur Road / Hosa road. I advise you to consider Whitefild

  98. Hi Harish,

    I am looking to buy a 3BHK – for end use initially then rental/resale in about 5-6 years. Would ideally like to buy a property is getting ready in next couple of years. The options I have considered are PLH, ROW, Purva Highland, Pashmina Waterfront & Unitech Uniworld Resorts.

    My budget is around 90-95L.

    Can you please suggest?

    -Sunil.

    1. Hello Akki,
      I’m also currently in similar situation, but weighing between Mantri WebCity and Prestige LH. Share your email id, we can discuss more… im also looking for some kind of group booking option.(aseem.mishra@gmail.com)
      Aseem

    2. Hi Akki,

      My Option would be Prestige Lakeside Habitat. Reason being, Theme Based, Unique , Project Configuration and Brand.

  100. Thanks Harish,

    Prestiget just confirmed me that UDS for the villa will be same as the plot area.

    But, they are saying that plot area will not be registered in buyer’s name as this is a combined venture (apartments & villas) and they didnot get the approval in that way.

    Do you see any concerns with it ? Planning on going with a Villa there.

    1. Hi Chandra Sekhar,

      In villa, land has to be registered in your name. Whether its Mixed Development or Unique Development.

  102. Hi Harish,
    Thanks for great insights, very informative.

    Could you please clarify on the following two aspects?
    1. PLH Sales people are not yet clear on the ‘undivided share of land (UDS)’ for a villa. As per their knowledge so far, they think that UDS for a villa is only around 25% of the total built-up area. That is very surprising to me atleast, as the plot area for a small villa is ~2700 sq ft, and UDS comes out to be only ~780 sq ft.

    Do you think this is reasonable ? How much of a factor this should be in buying a villa ? I am seriously thinking of buying one in PLH, but just thinking about this aspect.

    2. Also, they are saying that the plot area cannot be registered on the owners name as they want to protect the design of the entire project. They say that if Villa owners are allowed to register the land on their name, they can do anything with the land. Meaning they can demolish their villa at some time, and build a high-rise tower or grocery store etc.

    Do you know if it is a standard practice on not allowing villa owners register land on their names ?

    Insights on the above two would be very helpful for me in making a decision. I am convinced about all other aspects of buying a villa in PLH.

    Regards,
    Chandra Sekhar.

    1. Hi Chandra Sekhar,

      As far as i know, Usually UDS for Villa would be 1 : 1. Which means You should get complete villa plot area and builders usually registered the plot in buyers name in villa project.

  103. Hi Harish, I am looking for an investment which will fetch me good returns in next 3 – 4 years. My budget is 95L to 1.1Cr. I am interested in PLH and Sobha Silicon Oasis. Could you please tell me which is the better option in terms of ROI?

    1. Hi Divya,

      I suggest you go for Sobha Silicon Oasis for Better ROI.

  104. Hi harish, I am looking to buy a villa for own and exploring following options. 1)Mantri Courtyard (off Kanakapura Road) – Cons: Rowhouses and no clarity on the plot area. Arvind Expansia – only few units left with multiple flaws on the entrance space/very industrial sorroundings etc. 3)Pride Crosswinds/Jain Housing Villa Vivianna – not a realistic location to live given that I am not retiring from work atleast in a decade or so. Also yet to find our from the Prestige Villa projects. i read from your previous posts that PLH doesnt have anymore goodoptions in Villa. please advise far and wide options you might have to suggests. thanks in advance for your time.

  105. Hi Harish

    In a reply above you said ” As of now ,There are no good options available in Prestige Lake Side Villa. Instead I would i advise you to look at Divyasree ROW ”
    Does this mean that most of 271 villa in PLH have been sold? It would be really surprising in this economy and RE market.

    Vidya

  107. Hi Harish, I’m trying to narrow down on a villa project from a reputed builder with decent facilities and connectivity. I’m ok to wait for a time period of 3-4 years. Can you suggest some options or let me know which is the best amoung the current available like PLH villa, Augusta golf village (i did not like the connectivity of this one though), Sterling in Whitefield etc.
    For me accessibility is very important and should not be 6-7 kms inside some narrow road. Though i liked PLH and its bang on State Highway but i’m still not sure about the accessibility in future due to the market in between. Your insights will be helpful.

    Regards
    Vidyashankar

    1. Hi Vidya,

      As of now there is no concrete picture on the access road. but there is proposed CDP inside PLH. which helps in better connectivity. You Can Even Consider Gran Carmen Address Makers @ Sarjapur Road. Project is located on main road – opposite Decathlon.

  108. Hi Harish, I am currently working in Abu Dhabi and planning to invest in a property in Bangalore. As there is no immediate requirement for me to relocate to India, I am looking forward to invest in properties whose possession time is say 4-5 years from now. I would appreciate if you could guide me in this regard. Few properties which I have in my mind are Purvankara Palm Beach, Prestige Lakeside Habitat, Diyashree ROW etc. Do you think investing in Prestige Lake side villa is worthwhile?

    1. Hi Sandeep Panambur,

      As of now ,There are no good options available in Prestige Lake Side Villa. Instead I would i advise you to look at Divyasree ROW or Address Makers Five Summits or Apartments at Prestige Lakeside Habitat.

  109. Hi Harish, thanks for this wonderful site and your time to guide us all. I am looking at buying a 2BHK ~ 85L in either Whitefield or Sarjapur. My top most priority is appreciation potential with an outside chance of end-use (not immediate) with reasonably easy access to Bellandur. I am quite overwhelmed and would appreciate if you could suggest a few projects I could consider. Thanks, Ayush

    1. Hi Ayush,

      Based on your requirement, I suggest you to consider Divyasree ROW.

  110. What happens to prestige lake vista if road is widened under signal free road from vellore junction to varthur? How many ft will go to road widening? Is it worth to buy a villa in PLV which is just adjacent to road? A villa for 2.5 crores worth to consider for 10 years old PLV? Pl do advice

  111. Hi Harish,

    I am contemplating to buy a property for investment. Not able to decide whether I should go for an apartment or a plot by premium builder. For apartment, I have shortlisted Prestige Lakeside Habitat in Whitefield and for plot Brigade Orchards & Nitesh Long Island in Devanahalli.

    Request for your opinion about the potential gains in the next 5-8 years for these properties.

    Thank you.

    1. Hi Krishnaraj,

      Go for Nitesh Long Island. It will will fetch better ROI in next 8 Yrs.

    1. Hi VBuyer,

      Divyasree ROW is much better in comparison to PLH’s Location, Value appreciation and Metro Accessibility.

  113. Hi Harish, PLH seems to be a good project and they are asking for 20% payment to be made but they still dont have BBMP approval. Is it safe to book a flat and pay 20% when they still dont have BBMP approval. Appreciate if you can advice on this one.

    1. Hi Samir,

      Its Prestige policy to collect 20 % payment from customers. BBMP Approvals are expected soon. so, You can Bank on builder.

    1. Hi Sabari,

      All the 3 Projects are equally good in terms of Appreciation & Rental potential.

  115. Hi Harish,

    I am planning to buy 3BHK at prestige lakeside. I got the quotation from builder and it is around 4700 per sqft, which is around 86 lacs. I feel it is overpriced. One of my relative bought the 4BHK there for around 1.07 cr, which is around 3800 per sq ft.

    Are they quoting me high price? I dont want to invest on something which is overpriced. Please throw some light.

    1. Hi Viney
      In PLH are they giving the apartment for Rs.4700/sqt(3BHK)? and Your friend got 4BHK in PLH for Rs.3800/sqt?? Because when I asked for it they quoted me even more. Can you please tell me when your friend bought? and when you asked them for quotation?.

      Thanks
      NK

    2. Hi Vinay,

      As far as i know. Builder is quoting Rs.4860 to all the customers.

  116. Hi Harish,
    Am from Singapore and do have some knowledge of the reputed developers/builders in Mumbai. Bangalore is a market am not completely aware of. Me and my husband are looking forward to invest in a property in India for investment purpose. This will be our first investment in the real estate market so we would like to go for an under construction projects only. Mumbai/Thane being too saturated we are considering Bangalore as another investment opportunity.
    Of all the projects that we have seen so far we have found prestige lakeside/ westwoods/ pavillion and brigade cosmopolis lucrative enough. Could you suggest few more names/projects from reputed builders to look into within 1.5cr. Something with a decent size township will be preferred.

    1. Hi Sudha,

      You will be contacted by my team. They will give you complete analysis and help you in your investment plan.

  117. Hi Harish, Thanks for the response. I read in the below article that there is no Cauvery Water connection planned in Gunjur/Varthur area as part of Stage IV. Do you think I should re-consider my decision to but in PLH and consider other projects in Whitefield area? Please let me know. Thanks
    Here is the link: http://bangalore.citizenmatters.in/articles/4988-why-stage-iv-cauvery-water-has-reached-bangalore-but-not-your-home

    1. Hi Sarath Nanduru,

      Its know fact that Whitefield has no plans of getting Cauvery water connection till 2020. But this will not effect much on the growth rate. As most of the project at white field are dependent on Ground water ( 750 Mtr Water Level) & Tankers. Letz Hope to get cauvery connection soon at whiteefield areas

  120. HI Harish,

    I am looking for a project name Orchid Lakeview, couldn’t find any reviews so thought of consulting. I am getting the base price of 3820/sqft for 1299 2 BHK, can you please suggest on the below points:-

    1) Cost factor – is it justified?
    2) Appreciation – considering builder is pretty new in bangalore?
    3) Location wise – very close to bellandur lake and nullah?
    4) Any other property you can suggest in this range in a similar location (approximity to both whitefield/electronic city & Koramangala?

    Please suggest, appreciate your help

    Thanks
    Ravi

    1. Hi Ravi,

      I am sorry we have not reviewed Orchid Lakeview. So, Wont be able to comment. I suggest you to consider Krishna Mystic . Which is close to electronics City & Koramangala.

    1. Hi Prasad,

      Both are equally good. I would have opted a unit in Divyasree ROW. Personally i liked the location & Project Configuration.

    1. Hi Thomas,

      You can consider Divyasree ROW / Address Makers Five Summits / Brigade Cosmopolis / Prestige Lakeside Habitat..

    1. Hi Ankur,

      Current price is Rs.4860 – 5400 / Sft. Prestige wont give discounts, so there wont be any advantage if you come via our channel vs going direct in terms of pricing.

  130. Thanks Harish for reply!

    I was almost convinced about PSP due to Peripheral ring road being planned close by the project but now the PRR plan seem to be scrapped and rather be substituted by NICE ring road. By the way are there any branded projects at pre launch / plan stage accepting booking amount but would be launched late (let’s say launch would be 6 months or later) so that I could have more time to prepare for finance but at the same time would gain some appriciation. Similar example would be Divyashree ROW but I missed that.

    1. Hi Bangalore Fan,

      Based on recent news in Times of India.Govt has still not Scraped the PRR project and based on your requirement you can consider Purva Palm Beach.

  131. Hi Harish,

    Is PSP better project than PLH in terms of investment? Will rental value be in high for PSP ?

    Since we rely on the rent to some extent to pay our EMI, we are confused. Kindly help us to choose the better one.

    thanks,
    Satish

    1. Hi Satish,

      Both PSP & PLH are equally good in terms of investment. PSP has better Rental potential as its location inside IT Hub.

    1. Hi Bangalore Fan,

      Top 5 Would be 1) Bhartiya City 2) Prestige Sun rise Park 3 ) Mantri Lithos 4) Prestige Lakeside Habitat 5) Divyasree Republic of Whitefield.

  133. Hi Harish,

    How would you compare PLH with Mantri Webcity? Is Varthur a better location than Hennur Main Road. Are there any new projects coming up in Bangalore which would make Varthur closer (or faster) to the Airport? 4770 Rs/sqft seems really expensive considering the average price in Varthur is less than 4000 Rs/sqft. I am hesitating for PLH. Can you also give an idea between PLH and Prestige Sunrise Park? Finally i am looking for a residence closer to the IT hubs not immediately but in 2017 or later but as of now i am not so sure i would be staying in on of those. What do you think is the best option?

    Thanks

    1. Hi Rajendra,

      As far as i know, PLH is unique project and where as Mantri Webcity is just another project nothing special about it. Probably you will get apartments less than Rs.4000 / Sft in varthur area from small time builders but not to compare with PLH. In terms of Investment Returns PLH & PSP follows same trend. If you are looking for apartment in close to IT Hubs . Then i advise you to consider PSP.

    1. Hi Kumar,

      Current Rate / Sft is Rs.7650. Which goes up to Rs.9000/ Sft. Its a good project to live / Investment. But only concern is completion time.

  135. Hi Harish,

    We are planning to book a 3 BHK in Prestige Lakeside Habitat. If at all, we opt for resale do we need to look at the east, north, north-west facing flat. Even though we many not believe for resale does it matter?

    1. Hi Remya,

      Yes, Facing matters a lot during resale / Self use. Its advise to choose. Vastu Oriented Flats. Choose either east / North facing unit.

    1. Hi Sudha,

      I feel its better to buy 4 BHK in Prestige Lakeside Habitat than buying 3 BHK at Karle Zenith.

    1. Hi Venkat,

      As far as i know, Prestige has given petition to BLDA to work on Sewage Flow. If Govt works on it then there wont be any Concerns.

  139. Hi Harish, Advice please. From an investment point of view, which of these 2 projects works better? Salarpuria Greenage or Purva Whitehall? What advantages will I be getting if I go through your channel for buying a property? Also can you please provide me with the contact details of someone from your team who can help me out.

    1. Hi Karthik,

      In terms of project both are equally good and Interms of Location Salarpuria Greenage Holds advantage. Though our channel, will try to get best deal from the builder.

  141. Hi Harish,

    How does Ozone Urbana compare with Prestige Lakeside habitat?

    1. Would PLH be a better investment in the long term compared to Ozone Urbana township, considering the plan that Govt has in place in North Bangalore?

    2. Also, I am not been getting much clarity on the quality of construction and reputation of the Ozone group. Looking for your expertise on this.

    I am looking more from investment and ROI perspective. I have not been able to find any reviews on Ozone Urbana on your website. the cost per sq ft in Ozone Urbana is around 3600 – 3700 for apartments, so it is not much far off from what Prestige is charging for PLH.

    1. Hi Raj,

      Prestige is much better builder. Ozone has not delivered much projects in bangalore and not that BIG too. Besides, I request Not to compare with Prestige Lakeside Habitat as the project is much better. Prestige Lakeside is would be a right choice even in term of ROI / Self Use. If you are keen near Devanahalli side…then i would suggest you to consider Hiranandani .

  142. Hi Harish,

    I am planning to buy a property for investment purpose in range of 70 – 80 lakhs. I will keep it for 3-4 years and planning to either for self use or sell it out. I am more inclined towards Mantri webcity and Prestige lakeside habitat. Do you have any other better option in the range of Rs.3500 – Rs.4000/- per sqft. near whitefield or Hennur or Hebbal surroundings. Please provide your valuable suggestions.

    1. Hi Praveen,

      As per your requirement. Best available options are Mantri Webcity / Prestige Lakeside Habitat.

  143. Hi Harish,

    I am looking for investment of around 50-55 lacs, was looking at Prestige sunrise park, MJR clique, Patel smondo 4, Krishna mystiq. Which according to you will be a better option for rental returns and possible resale at a later stage.

    Thanks
    Part

  144. Hi Harish ,Currently I am looking for buying an apartment with Budget around 70 lakhs,

    After many search and comparisons i am ended up shortlisting following three projects

    1. Prestige sunrise park
    2. Prestige lakeside habitat
    3. Purva highlands

    Looking from Appreciation and Rental income point which project you suggest and why?

    1. Hi Rajesh S,

      I would have opted for Prestige sunrise park. Reason 1 ) Close to IT Companies 2) Easy to Rent 3) Location.

  145. Thanks Harish and Rahul for your inputs. Yes i agree going for villa needs decent stretch on my budget but i still feel it will fetch better returns compared to an apartment whether Brigade or any other luxury apartment as villa have less buyers but also lesser options.
    will give it a further thought and take a call.

  146. If you buy a good villa (east facing) with lowest area in PLH you need ~3Cr + ( 2.5Cr basic+15% extras+10-15L reasonable wood work). It means you may need 1.1/1.2Cr extra (assuming you will take 3BHK large in Brigade which is in your range) if you are comparing with Brigade Cosmopolis. I would say if you can afford 3Cr then PLH is an option if not then Brigade is a good option for premium category.

  147. Hi Harish, i has a budget of around 1.5-1.8 Cr and was looking for a luxury premium apartment around ORR, Hebbal or Whitefield. I’m confused between Brigade Cosmopolis and PLH Villa which starts from 2.5 Cr onward. I don’t think Brigade has left any room for appreciation for the buyer for next 3-4 years. whereas i somehow find villa in PLH good both for end use and investment. Can you please share your insight and as per you which one should i go for if in case i’m ready to stretch my budget for villa. What price appreciation you see specifically in PLH villa 5 years down the line at the time of possession?

    1. Hi Avinash,

      If you can stretch your budget go PLH Villa. Incase if you are looking purely investment 1.8 Cr. I suggest you to consider Karle Zenith – Karle Town Center( Premium Township ) at hebbal. Expected PLH Villa price by 2018 Rs. 12000 / Sft.

  148. Someone asked abt distance from future nearest metro station to Prestige Lakeside. It’s 8km from PLH . http://epaper.timesofindia.com/Repository/getimage.dll?path=TOIBG/2012/04/06/37/Img/Pc0370400.jpg. Google Maps distance with direction from metro to PLH . http://goo.gl/maps/bu7RN . So please exclude METRO as one of the factors for the price to appreciate for PLH. 3 KM is a wrong estimate that was answered. Although, this project is named as LAKESIDE there is no lake next to the project. It’s about ~ 2.5 km from this property.

  149. Hi Harish,

    I am looking at investing in Prestige lakeside or Brigade Cosmopolis, I am confused between the 2 options, Brigade offers great location with access to the maill etc, Prestige is still in an under developed area with very narrow roads. If I am looking purely at investment perspective and rental perspective which property will you suggest? How is appreciation expected on PLH? Do you think people will take up houses there on rent bec. its too far with narrow road??? Pls help!

  150. Hi Harish,

    I am considering investing in one of the following locations – prestige lakeside habitat or patel realty smondo 4.0 which is in prelaunch stage. In your opinion, which will fetch better returns during resale in the future? PLH has many good schools nearby but the access road looks too narrow for such a huge project (5040 is the rate here for an east facing 3 BHK). Smondo is an integrated township model with malls, office etc., but not many good schools nearby (3650 is the rate for a 3 BHK). Also, metro seems to be 3 kms away from Smondo while PRR seems to be close to Varthur. I am unable to decide which will appreciate better. Whitefield IT space is bigger than electronic city, but there are too many premium projects in and around whitefield as compared with electronic city.

    Also, which makes more sense for investment – 3 BHK or 2 BHK? In PLH and most projects, 2 BHKs are typically compromised in terms of balcony views since they have only one balcony and even that restricts view with bedrooms on either sides projecting out. Thanks ahead for your feedback.

    Thanks
    Padma

    1. Harish,

      Please consider mantri lithos also in the list of options i am considering in the posting earlier. Price is a lot more here near hebbal, but hebbal is hyped to be the location for the future. I have already made an investment in sobha city late this year and burnt my fingers and hoping that I should do better at least in the second one. L&T is also coming up with a project in Devanahalli in the coming 6 months though i am not sure if the information is out yet. Please suggest an appropriate project: PLH, Smondo, Lithos, L&T.

      Thanks very much for your service
      Padma

    2. Hi Padma,

      Answer lies in your expression its self. Prestige lakeside habitat / Mantri Lithos would be a right choice in terms of Location / Better ROI.

  151. Hi Harish,
    How are you.. Can you guide me .. I am interested to buy 2 BHK apartment at Whitefield or Electronic City.. Pls suggest me which pre launch property is good from investment point of view.. Thanks, Ganesh

    1. Hi Ganesh,

      You can consider. Prestige Sunrise Park @ Electronics City / Prestige Lakeside Habitat @ Whitefeild.

  152. Hi Harish,

    Need to know your views on Hiranandani Queengate project vs Prestige Lake Habitat.
    – Which is better in terms of location and ROI?
    – 2 BHK starts from 982 sqft @ Rs 5000/- for Queensgate. For Prestige Lake, it starts from 1200 sqft @ 4770. The price for both is 60 Lacs onwards. Which one is better?

    1. Hi Vishal,

      Both are equally good In terms of location and ROI – At PLH you are getting bigger unit.

  153. Hi Harish,

    I have some general observations/comments about whitefield and the real estate micro segment here. I work in Whitefield and find it is already a mess. Getting in and out of this place is quite an ordeal during peak hours. Roads are already choked and bumper to bumper traffic is a familiar sight. From kundalahalli to SAP Junction to ITPL to hope farm to Forum Value mall, no place is an exception to this. With a few thousand residences getting added over the next few years, i suppose it would be tough to even get out of your apartment complex in the near future. I am not sure how much METRO alone will help this place.

    Also, prices in whitefield are over the top, even for pre-launches. Brigade cosmopolis is going at 6K+ psqft. PLH which is infact beyond varthur is quoting close to 5K+ psqft and 5 year waiting period (In fact Prestige is actually demarcating their property just now). For these to earn returns, we need to consider a going price of 8k psqft and beyond by 2018.

    Considering the volatility of the global economy (which is here to stay for sometime), is all this realistic or just wishful thinking and blind optimism ? Even if it reaches 8k, is the price band sustainable considering BLR real estate is majorly driven by IT/ITes sectors. Also, as you may know inordinate price hikes have slowed down real estate in Mumbai and Delhi. I am afraid BLR is going the same way.

    Request you valuable thoughts/Insights.

    1. Hi Vignesh,

      Most the people who are working in white field are not residing at Whitefield. In fact they are travelling from multiple destinations. Reason 1) Lack of supply of apartments from reputed builders 2) Developing public amenities 3) Sudden raise in IT companies & Staffs at Whitefield. The moment supply of apartments meets the growing demand you will witness less flow of traffic move out of Whitefield. Prices are high because of High Land price, Higher input cost & High Demand. BLR Real Estate is still in growing stage. More over 70 % of buyers are end users. But where as in Delhi and Mumbai its investors market 60 % investor 40 % End user. Because Realistic price in BLR Market. It hold less Risk for Investors. So don’t worry you can bank anytime on Bangalore Real Estate.

  154. Hi Harish,
    I am looking for a 2/2.5 BHK for living purpose down the line of next 3 to 4 years. My office is in Whitefield and I am thinking to buy of a Tier 1 builder. Please suggest me, how good ( in respective against others in the same or nearby areas ) would be Prestige Lakeside Habitat for me. Also, how much do you think could be the appreciation of this property from now till I get possession ??

    1. Hi Rishva Sinha,

      As of now , best option in terms of project configuration at Whitefield area is prestige lakeside habitat. Looking into Response, which is more than 800 + units sold in very short period of time builder is escalating the price Rs.270 / Sft – 350 / Sft Depending upon the units from 15-Nov 2013. Project Rate / Sft at the time of possession is Rs. 6500 / Sft

  155. Hi Harish – How would you compare Prestige Lakeside Habitat, Brigade Cosmopolis, Brigade Lakefront, Mantri Lithos and Mantri Webcity? As you can see, I don’t have a location constraint nor a fixed budget. I am looking for a good project which can give good returns as a first priority but if location suits me at the time of possession don’t mind living either.

    1. Mayamk,

      Have you considered The Icon by G Corp? Very good project configuration with great potential for higher returns. Its good for end use too.

      Sudeep.

    2. Hi Mayank,

      Prestige Lakeside Habitat – One of the best project in Whitefield in terms of project configuration. Brigade Cosmopolis – Decent project configuration but Holds advantage in location. Brigade lakefront – OK Project lets not compare with PLH / Cosmopolis / Lithos / Webcity . Mantri Lithos – Location Advantage & Competitive Price. Mantri Webcity – Good Project Configuration Best option at Hennur Road. For Better ROI in terms of Rentals you can consider Cosmopolis / Lithos. For better Capital Gain you can consider Mantri Lithos / Prestige Lakeside Habitat. Best place to live after possession would be Prestige lakeside habitat.

  156. Hi Guys,

    Before buying property, please thing twice whether you are doing right investment or not.

    1) Do you know what is the land price in varthur/gunjur ?
    2) Do you know how much return you will get per year if you buy a flat with 4770 per sq feet whuch will take at least 4-5 years to complete?
    To my knowledge, its all hyped price and NOT at all worth to buy it…various reasons
    1) we can get a decent 30×40 / 40×60 with ~2000 per sq feet in Gunjur area; If you plan to buy agricutral land (~5.5 guntas) you will get ~1000 per sq feet.
    2) My advise is “Dont simply sit at home and read overhyped reviews” instead pick up your bike/car and do some ground work. Enquire village people near gunjur/varthur and check “outer pheriperal ring road” marks and search for A/B katha site with clean documents and buy it…
    3) I am also a software engineer like you but take some calculated risk and buy at correct price.

    I know most of you dont like to take risk and simply go with big builders with so called brand name instead of checking the ground reality…!!

    Happy buying.
    Venki

    1. Trust me.. the biggest problem in bangalore is unavailability of land with clear title… that is why we are all forced to go thru reputed builders.

  157. Hi Harish,

    I am an IT professional based out of HK, looking to invest in an apt. Considering either Hebbal side or Sarjapur side. Which one do you think will fetch better ROI- Prestige Lake Habitat or Mathri lithos. Any other suggestions for a investment within 1 Cr.

    Thanks in Advance
    Sri

    1. Hi Sri,

      Mantri Lithos Holds Location Advantage & Mantri is offering lithos at competitive price too. I Would suggest you go for Mantri Lithos for better Rentals & ROI.

  158. prestige lakeside habitat is the best project @whitefied….infront of prestige lake habitat,brigade lakefront and brigade cosmopolis is no way……with compare to the total area…whole configuration the amenities that to wid the new concept of disney…….and about the location it will any way take 4yrs to complete the project, so in 4 yrs the whole varthur location will be change wid a new look….go ahead wid this…we had already booked a 3bhk…cheers all

  159. Hi Harish, I have couple of questions to ask you
    1) Is there any plan of road expansion in that area? it looks to be congested with 2 lane road.
    2) How is the water facility in this project? Is it a borewell or trucks going to fill the water for the apartments?
    Please advise me. Thanks NK

    1. Hi NK,

      Road has to Expand. But as of now i dint find any demarcation. Ground water level is good as project is beside to the lake.

  161. Hi Harish,
    I am considering the option of buying a villa at Geown Oasis. Do you see this as a good option? Further, how do you see the development on sarjapur road – the stretch starting from Wipro office to Infosys campus in the near future? What is the expected rent.

    Thanks for your valuable time & advice.
    Regards,
    Rajgopal

  163. Hi Harish,

    I am looking for 2 BHK at <= 65 lakhs budget for residing purpose.
    My corridors of interest are Whitefield, Sarjapur road and Hosur road and would prefer a tier-I project in its pre-launch stage.
    I have zeroed in on two such projects both in their pre-launch stages: Purva West end & Prestige lakeside habitat.Prestige Lakeside habitat is no doubt a project of mind blowing scale but i am more inclined to Purva west end as i feel the location can scale better (broad roads and promise of metro phase-II on the cards).

    Could you please comment on my choice and provide your suggestions in this regard ?

    Could you

    Regards,
    Manoj

  164. Hi Harish, I feel Prestige Lakeside Habitat prices are higher than what it should be. 4700 base rate for a project which is going to be delivered in 2017-18 is too high. In 5500 you will get Adarsh Palm Retreat which is ready in 6 months and has better location and proximity to ORR SJP road etc. I think the rates should be corrected.

  165. Hi Harish –

    Given a choice between prestige habitat and bhartiya city which one would you think is better and good to invest in? Are u also aware of any plans of metro coming around bhartiya city. Only concern i feel for bhartiya city is because of its project size, can there be some delays or i can blindly go for it. Please suggest…!!

    Thanks

    1. Hi Raunaq,

      Bhartiya City has got lot to offer for that pricing. As the project size is big project chances of delay will be there for 6 – 8 Months. Apart from that, i don’t find any other concerns for the project. At north Bangalore – Bhartiya city is best option and @ Whitefield – Prestige Lakeside Habitat. You can choose either of the one. Both are equally good.

  166. If I will compare bhartiya city with Prestige Lakeside Habitat, what do you think which will be better from investment point of view.
    Bhartiya city is not a well known name in real estate but I think their plan is very good.
    Everything will be in same boundry.
    Kindly share your views.

    1. Hi Nitin,

      Both are equally good and follows same appreciation trend. You can choose either of the one. I liked both.

  167. Hi Harish, I agree on the brand and concept. My only major concern with PLH is the public roads running across the project and cutting it into four sections. This means there is actually no restricted entry plaza. I also understand that these four sections will be connected through subways so that residents need not use the public road. I am not very convinced on security due to these public road. Any one can enter this project. Request your comment.

    1. Hi Praveen,

      As per Govt norms Common to public road is mandatory for townships. One should not worry about the security as there will be dedicated Check in & Check Out for residential areas, similar to entrance of Sterling Villa Grande or any other small projects.

    1. Hi Shan,

      Mantri webcity is a good project but I would opt for Prestige Lakeside Habitat. Reason 1) Better proximity to Whitefield & Sarjapur IT Hub 2) Better Project Configuration – in association with Disney 3 ) Close to Hospitals and Education Institutions 4) Higher Demand – which in returns to Better ROI.

    2. Thanks Harish,

      Rates are almost same compared to these 2 projects. So that means lakeside habitat will fetch more returns compared to webcity?
      I was more inclined towards to webcity, as their completion might be before lakeside habitat, as i am also looking interms of end use.
      Please advice.

    3. Hi Shan,

      Mantri webcity is one of the best project in hennur Road …You can consider it.

  169. Here goes my personal opinion to all people who would like to look the option of PLH.

    @ Rs.4770 in that area… one should be out of their senses to buy in that area.

    Look at the Master plan. 120 acres of so called project is going to get partitioned into 4 sectors by the proposed public road which is going to pass by right through the middle of the project.

    1. My expericnce with DLF this project is not going to complete till 2020. Also i have worked in one of the company in Sigma, I wont buy at this price. Rs 3000 is more reasonable.

    1. Hi Alpa,

      Considering the project configuration & the demand, Prestige Lakeside Habitat has got better potential.

  171. Hi Harish,

    I am looking for a 3 BHK villa around 2.5 cr in Whitefield/near Whitefield/Sarjapur Road. I liked Sterling Villa Grande which is for possession in 2014. If I can wait for another 3/4 years for possession would Prestige Lakeside Habitat be a better place to live compared to Sterling Villa Grande? Also which property would appreciate more? Please advice.

    1. Hi Praveen S,

      Sterling villa grande is a decent project. but prestige holds better brand and project configuration, i feel Prestige Lakeside Habitat will be a better place to live and looking into the current demand trend, brand and the concept, prestige lakeside habitat will appreciate more.

    1. Hi Nikesh,

      Project is selling like hot cake. So no discounts are offered by the builder even the group size is 100.

  173. Hi,
    I booked 2.5 BHK in Prestige royal garden which is launched in Aug 2013 this year, I booked that in 3800/- in pre launch where present rate is 4250-2500, would it be good choice to hold Prestige royal garden or selling by Prestige royal garden or invest in PRESTIGE LAKESIDE HABITAT.

    Thanks in advance,
    Rajiv.

  174. hi Mr Harish,
    i am a central govt. employee, i want to invest in an apartment in bangalore , i can spend upto 45-50 lacs. since i dont stay in bangalore any longer so i am looking from both points of view, rent as well as appreciation, but more so for appreciation.
    thx
    regards
    Dr Amit

    1. Hi Santhosh,

      Its one the best option available near to Whitefield area and its worth investing too.

    1. Hi JK,

      Yes, Its worth investing in Prestige Lakeside Habitat.As far as i know nearest metro station would be kundanahalli metro station. which is approx 3 Kms from the Project. Expected Rent for 2 BHK would be 20 – 25 k & 3 BHK – 35 K.

  177. i’m planning to purchase a flat for own use from prestige lakeside habitat near Varthur Lake, Whitefield in prelaunch. Do you think this is worth for purchasing. How about the quality of work and resale value.

    1. Hi Sumanth,

      Its worth Purchasing a property in Prestige Lakeside Habitat. Prestige falls under Top 3 Builders in Bangalore, So you need not to worry about the quality of work. Projected Appreciation is minimum 75 % by 2017.

  178. Hi Harish, I am getting Sobha city resale, three bed room 1569 sq.ft for 90L; Is Sobha city Myknos good for both end use and investment or would this prestige lakeside habitat good for both end use and investment? Pls. advise ASAP. Thx.

    1. Sobha city has already appreciated. I suggest you to book a property in Prestige lakeside habitat. So that, you can enjoy better ROI