Prestige Park View - FAQ's
Where and what is the Prestige Park View?
Prestige Park View is located on Whitefield Main Road, at the Hope Farm Junction, Bangalore.
It is a Residential Development spread over approximately 5 Acres of land with 4 Residential Towers of 15 and 19 levels along with a Clubhouse. There are 376 Apartments in all.
What is the distance from M.G. Road?
The distance is approximately 18 kms.
What are the different types and sizes of Apartments?
There are Apartments to fit different family sizes and budgets.
| Type | Tower | Area in sqft (Super built up area) |
No. of Bedrooms |
| A | 2 & 3 | 1220 | 2 |
| B | 1 & 4 | 1272 | 2 |
| C | 1 & 2 | 1704 | 3 |
| D | 1, 3 & 4 | 1839 | 3 |
| E | 1,2,3 & 4 | 2023 | 3 |
Is there differential pricing based on the floors or orientation of Apartments?
Yes. There is a differential pricing for Apartments.
For every level there is an increase of Rs.15/- per sqft. In addition to the floor premium, select Apartments will also attract a premium of Rs.50/- per sqft. Please refer to the price list for details.
Is there a Clubhouse and what are the facilities?
Prestige Park View’s Clubhouse will host facilities like an exclusive Swimming Pool, Toddler’s Pool, Gymnasium, Health Club, Party Hall, Badminton Court, Squash Court and Billiards Table.
Space is also provided for a Convenience Store.
How do I book my home at Prestige Park View?
- Identify your Apartment
- Fill in the booking application form
- Pay by Cheque/DD
What happens thereafter?
Based on your application and priority you will be offered the Apartment available.
On confirmation of the Apartment number you will be required to pay 15% of the sale value and issue post dated cheques for the balance within 30 days against which a formal letter of allotment will be issued.
Agreements will follow thereafter.
When do I get a confirmed allotment?
On payment of 15% of the sale value and submission of post dated cheques for the balance.
Can I make 100% down payment? What will be my benefit?
Yes, you can make 97.5% of the unit value against which you can avail of a discount of 10% of the unit price. The balance 2.5% will be payable on possession. This scheme is valid for payments made on or before September 15th, 2011. If you are taking a loan then it will be your responsibility to ensure that the bank/housing finance institution disburses this amount to Prestige by the said date.
If the payment is not made within the specified date, it will be deemed that you are opting for the installment scheme. However, you will be required to pay 15% of the sale value as stipulated to get the allotment confirmed.
How are installments to be paid and is it time bound?
Installments are to be paid by means of post dated cheques - this is a pre-condition of the allotment. The schedule of payment is mentioned in the cost sheet. The payment is on a time bound basis as mentioned in the payment schedule.
If cheques are dishonored the booking stands cancelled.
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This information is conceptual and not a legal offering. The promoter reserves the right to change, alter, add or delete any of the specifications mentioned herein without prior permission or notice.
