|Development Size||50 Acres|
|Number of Units||396 units|
Welcome to Bengaluru’s feature rich residential community - Prestige Marigold. Packed with convenience and amenities that your life demands, all brilliantly planned and seamlessly juxtaposed to form a unique harmonious community.
Prestige Marigold’s brilliant location makes you well positioned to enjoy everything a citizen of the world requires. Secluded from the noise and din of the city and yet within immediate reach of its many conveniences. A truly vibrant environment.
Prestige Marigold is a plotted development, located off NH7, Margondanahalli Chapparkal Road, Devanahalli Taluk, in North Bangalore. The project is accessible from multiple roads.
The project has a total of 396 plots spread across approximately 50 acres with a scope for future expansion. All roads and other infrastructure will be common for any other future development / expansion of Prestige Marigold.
The project has multiple standard plot sizes such as 30X40, 30X50, 40X60, 50X80 and plus size plots.
The project is located on Margondanahalli Chapparkal Road, Devanahalli Taluk,in North Bangalore with excellent social and civic infrastructure with close proximity to major roads, International airport, and the best schools in Bangalore.
The Architecture firm Architect Hafeez Contractor (Mumbai) are the principal designers, Infrastructure Consultants are AUM Technologies, MEP Consultants are Design Tree and the Landscape Consultants are PSLDE (Mumbai).
Infrastructure work is in progress and the project is scheduled to be completed by March, 2023.
Yes the project is registered with Karnataka RERA and the RERA registration number is PRM/KA/RERA/1250/303/PR/240122/004653
BIAPPA (Bangalore International Airport Area Planning Authority is the authorised sanctioning authority for this development.
Legal due diligence has been done. The land is freehold, marketable and free from all encumbrances.
E-Khata from Margondanahalli Village, Jalige Panchayat, Devanahalli Taluk shall be applicable for this development, post registration of the plot.
Please identify your plot from the available options.
On realization of the initial payment of 10% on booking and 10% on allotment, you will be required to issue post-dated cheques (PDCs) for the balance installments. Agreements will follow thereafter.
On payment of 20% of the sale value and submission of post-dated cheques for the remaining amount, the allotment will be confirmed.
Installments are to be paid by way of post-dated cheques which is a pre-condition of the allotment. This schedule of payment is on a time bound basis as mentioned in the payment schedule. In case of a home loan, these PDCs are held with us as a collateral & returned back at the time of possession.
The Documents that need to be signed are Agreement to Sell, followed by a Sale Deed upon completion of the development.
Registration will be done only on completion of the development and on payment of the entire sale consideration including the additional charges. The customer will need to register the plot within 60 days of the date of intimation of registration.The registration will be carried out by the agency / advocate identified by the Developer.
The ownership of the club house at Prestige Marigold has been retained by the Developer and is not a common facility. The site owners in the project shall be entitled to make use of these facilities on an availability basis and by paying user / usage charges as prescribed by the Developer. It shall be non-exclusive and the Developer shall be entitled to allow any persons to use the clubhouse including outsiders and non-site owners in the project
The ownership of the club at Prestige Marigold has been retained by the developer and is not a common facility. The club will be constructed by the Developer on a commercial plot earmarked on the Sanctioned Plan. The site owners in the project shall be entitled to make use of these facilities by paying club subscription and user / usage charges as prescribed by the Developer. It shall be non-exclusive and the Developer shall be entitled to allow any persons to use the club including outsiders and non-site owners. The rights of membership, access and ownership of the Club vests with the Developer.
The clubhouse will be constructed by the Developer on a commercial plot earmarked on the Sanctioned Plan. The clubhouse will not be a common facility or a common amenity and will purely be a commercial venture by the Developer / Seller. The Clubhouse shall be made available for use 24 months after the completion date of the project.
Clubhouse membership charges, Khata assessment & bifurcation charges, Agreement franking charges, egistration & Stamp duty charges, Sinking fund & Advance maintenance for 3 years, GST, TDS and any other statutory charges/ duties as applicable.
GST will be collected along with booking amount and installments spread till possession.
As per regulations, only one residential dwelling unit can be constructed and registered on a single plot.
The general guidelines to be followed are as under –
The essential infrastructure elements provided are as follows-
No, there is no time limit within which the construction needs to start or finish. However, the same is subject to change, as per the guidelines of the relevant statutory authorities.
Civic amenities, internal roads and parks.
Please email us at: firstname.lastname@example.org, or
Contact us on Toll Free: 1800-313-0080, or Meet us
at: Prestige Estates Projects Ltd., ‘The Falcon Towers’
No 19, Brunton Road, Bangalore – 560025.
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