Prestige Willow Tree
A gracefully planned elegant residential community, where you can rediscover the joy of community living. 451 two and three bedroomhomes, set in six delightfully landscaped acres. Presenting a living environment that is safe and private while yet fostering social interaction and camaraderie. Located in the well-developed neighbourhood of Vidyaranyapura; every civic amenity and need within ready reach and the airport just a half hour's drive away. A large, exclusive clubhouse, equipped with a wide and diverse range of the recreational and leisure amenities to ensure that you never have a dull amount. Read on and discover how a life of grace and elegance can be yours to enjoy in a home that's been crafted with your lifestyle in mind.
RERA No: PRM/KA/RERA/1251/309/PR/181204/002195
Development Size: 6 .73 Acres
Number of Units: 451 Apartments
Bedrooms: 2, 3
Address: Prestige Willow Tree, Vidyaranyapura Main Rd, Vidyaranyapura, Bengaluru, Karnataka
- Aerobics/Yoga Room
- Children's Play Area
- Health Club
- Mini Theatre
- Multipurpose Hall
- Reading Room
- Super Market Space
- Swimming Pool
- RCC structure with shear walls.
- Cement blocks for walls wherever needed
- Elegant lobby flooring in Ground Floor
- Basement and upper floor lobby flooring in vitrified tiles
- Lift cladding in marble/ granite
- Service staircase and service lobby in kota stone
- All lobby walls will be finished with texture paint and ceilings in distemper
Lifts of suitable size and capacity will be provided in all towers
- Vitrified tiles in the foyer, living, dining, corridors, all bedrooms and kitchen/ Utility
- Ceramic tiles in the balconies
- Granite counter with chrome plated tap with single bowl single drain stainless steel sink
- Ceramic tile dado for 2 feet over the granite counter
- Ceramic dado in the utility
- Provision for exhaust fan
- Vitrified/ Ceramic tile flooring and dado in the maid’s room and toilet
- Ceramic tiles for flooring, with Ceramic tiles on walls up to the false ceiling
- Master toilet with granite counter and counter top ceramic wash basin
- Other toilets with pedestal wash basin
- EWCs and chrome plated fittings
- Chrome plated tap with shower mixer
- Geysers in all toilets, except the maids toilet
- Suspended pipelines in all toilets concealed within a false ceiling
- Provision for exhaust fan
- Main door – 8 feet high
- Other internal doors – 7 feet high with wooden frames and laminated flush shutters
EXTERNAL DOORS AND WINDOWS
- UPVC frames and sliding shutters for all external doors
- 2 track UPVC framed windows with clear glass
- Enamel painted MS grills only across all ground floor apartments
- Premium Exterior Emulsion on Exterior walls
- Internal walls and ceilings in OBD
- All railings in enamel paint
- All electrical wiring is concealed in PVC insulated copper wires with modular switches
- Sufficient power outlets and light points provided for
- TV and telephone points provided in the living and all bedrooms
- Spilt AC provisions in the living and all bedrooms
- ELCB and individual meters will be provided for all apartments
- Security cabins at all entrances and exits having CCTV coverage
- Generator will be provided for all common areas
AT ADDITIONAL COST
- DG POWER – 100% backup for all apartments at additional cost
Who are the Architects/Master Planners of Prestige Willow Tree?
The Architecture firm, Zachariah Design Consultants are the key designers for Prestige Willow Tree.
What are the distinct advantages or the USPs of this project?
The project is strategically located on Vidyaranyapura main road surrounded by well established Residential independent houses and commercial establishments. Excellent connectivity and Social Infrastructure like Schools,Hospitals,Shopping outlets make it a ideal destination.
|Key Distance to Willow Tree||Kms.|
Kirloskar Tech Park
|World Trade Centre||8.7|
|Manyta Tech Park||10.5|
- The Regency Public School is about 450 Meters
- Sri Sri Ravishankar Vidhya Mandir is about 700 Meters
What is the project land extent?
The project land taken in to account for sanction is 6.73 acres, and the necessary open spaces requirements have been provided for as per statutory norms
Where and what is Prestige Willow Tree?
Prestige Willow Tree is a 6.73 Acres residential development located at Vidyaranyapura.
With 451 residential apartments units of different types and an independent club house centrally located in the project. The Project has basement Car Parking and surface Parking for Visitors.
What are the different types and sizes of apartments?
|Type||Saleable Area||Carpet Area|
|1 BR||661 Sqft||433 Sqft|
|1 BR||664 Sqft||438 Sqft|
|2 BR||1154 Sqft||789 Sqft|
|3 BR + 2 T||1364 Sqft||950 Sqft|
|3 BR + 3 T||1592 Sqft||1090 Sqft|
|3 BR + 3 T||1596 Sqft||1108 Sqft|
|3 BR +3 T + Servant Room||1812 Sqft||1226 Sqft|
|3 BR +3 T + Servant Room||1830 Sqft||1238 Sqft|
Is there a club house and what are the amenities provided in the project?
The project will have an Independent Club house with spaces for Health club, Gymnasium, Swimming pool with Kids Pool, Party Hall, Indoor Badminton court, Junior level Basket Ball Court, Multipurpose Court, Cricket Practice Net, Amphitheatre, Outdoor Gym, Indoor Games, Pool Table, Table Tennis, other indoor games, Kids play area etc.
Is this a phased development and what are the time lines for completion?
The project is being developed in single phase and will be ready for possession within 42 months from the date of commencement of construction.
Is there any differential price based on the floor and orientation of the apartments?
Yes, there is a differential pricing for apartments. For every floor rise there is an increase in per sft. In addition to the floor rise, selected apartments will also attract a preferential location charge (PLC).
How do I book my home at Prestige Willow Tree?
Please identify your Apartment from available options.
Fill in the booking application form & provide your KYC documents.
Pay the initial booking amount of 10 % by way of cheque/DD favouring ”Prestige Estates Projects Limited ” together with required supporting documents.
Pay towards Franking of Agreements.
Post Dated Cheques for all the Instalments.
Kindly ensure that you have deducted 1% from the booking amount as TDS before handing it over to the Sales representative. (Kindly ensure to deduct 1% TDS, whenever a payment is made towards the immovable property valued Rs. 50 Lakhs & above, and remit the balance. Also arrange to send duly signed form 16B (hard copy)
Kindly contact your respective Sales/CRM for TDS Presentation.
What happens thereafter?
On realization of the initial payment of 10% you will be required to issue post-dated cheques (PDCs) for the instalments within 15 days against which a formal letter of allotment will be issued. A separate payment towards Franking is payable.Agreements will follow after completion of allotment process. On payment of balance 10% of the sale value and submission of post-dated cheques for the remaining amount, the allotment will be confirmed. Instalments 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.
What happens if I cancel my booking?
Why would you want to miss out on such a strategically located and meticulously designed project? However, if you do wish to cancel after booking, 2% of the sale value will be forfeited before Agreements and 10% of the sale value will be forfeited after agreements are executed as cancellation fee. the balance will be returned (subject to statutory deductions) without interest. Cancellation will attract GST as applicable.
When does the development start and when can I expect to move into my new home?
Construction will commence by January 2019 tentatively and your new home will welcome you from 31st March 2022 onwards.
Are modifications permitted in the apartment?
The specifications and designs have been carefully worked out. Considering the number of apartments and the delivery date, customization will not be possible in the collective interest of the purchasers.
What about car parking spaces?
We can provide one car parking space for every apartment. Parking will be at the basement.
Is the title of the property clear?
Legal due diligence has been done. The land is freehold, marketable and free from all encumbrances.
Has BDA/BBMP sanctioned the plans?
Yes, the development plans have been sanctioned by BDA/BBMP.
Has RERA approved this Project?
Yes, RERA Registration number: PRM/KA/RERA/1251/309/PR/181204/002195
What are the Documents that need to be signed?
The Documents that need to be signed are Application Form,Agreement to Sell & Construct, followed by a Sale Deed upon completion of the development.
What is the process of Assignment?
Assignment can be done only after the Agreements have been signed, PDCs given, 5 instalments paid and the new party complying with the terms and conditions of the principal agreement. Transfer fee of Rs.150/- per sq.ft and GST as applicable will be required to be paid. If you have availed a loan then you will be required to retrieve and hand over all letters and documents issued by Prestige to the bank / housing finance institution along with their NOC. Please note that transfer will be done only when you have no amount due & interest for delayed payments, if applicable, has been paid to Prestige as on the intended date of transfer.
What is the process of registration and when does registration take place?
Registration will be done only on completion of the development and on payment of the entire sale consideration including the additional charges. Registration will be facilitated by us through an advocate appointed by Prestige.
What if Prestige delays the construction and possession?
Our endeavour is to complete & hand over the project as per committed time lines. However, for reasons beyond our control if the project is delayed, Prestige will pay compensation* per annum on the amount collected which will be clearly brought out in the agreements (* Conditions apply).
What are the additional amounts to be paid?
BESCOM & BWSSB charges, GST, Generator charges, Khata assessment charges, Registration charges, Sinking fund, Advance maintenance charges and any other statutory charges/ duties as applicable.
GST will be collected along with booking amount and instalments spread till possession.
Has Prestige Willow Tree been approved by banks/Housing finance institutions (HFIs) for loans?
Yes we have select Banks/HFIs who will extend loans to customers based on their eligibility criteria.
What is my responsibility for disbursement of instalments through HFIs?
It is the purchaser’s responsibility to ensure timely disbursement of instalments from HFIs and no demand will be made by us to the HFIs for the same. To facilitate smooth payments, customers are required to agree to a pre-determined payment schedule & issue a mandate to the HFI to disburse payments as per the schedule. This will be done via a ‘Mandatory Disbursement Form’ at the time of signing the Sale Agreement.
Who will take care of the maintenance of Prestige Willow Tree?
The maintenance will be taken care of by Prestige Property Management & Services. You can be rest assured Prestige Willow Tree will be cared for by professionals.
What is the scheme for maintenance?
The scheme for maintenance is as under:
- A sum of Rs. 60 per sft will be charged as the advance maintenance fee for the first year and will be collected at the time of closing of your account. From the second year onwards, maintenance charges will be levied as decided by the Association/Prestige Property Management & Services. All future payments are to be made favouring the property management company.
- An additional sum of Rs. 60 per sft corresponding to the super built area will be collected as sinking fund. This amount will be deposited in an Escrow account and the accruals will be used for major expenditure.
What happens if I have any more questions/clarifications?
Please email us at: Projectinfo@prestigeconstructions.com OR
Contact us on : Corporate Toll Free 18003130080. OR Mobile No 8139981399
Meet us at: Prestige Estates Projects Ltd., ‘The Falcon House’ No 1, Main Guard Cross Road, Bangalore – 560001.