Prestige Kenilworth

Prestige Kenilworth

Cunningham Crescent Road, Vasanth Nagar, Vasanth Nagar, Bengaluru , 560051. Get Directions

Project Highlights

RERA No PRM/KA/RERA/1251/309/PR/170915/000208
Development Size 1 Acres
Number of Units 18 units
Bedrooms 3

About Prestige Kenilworth

On Cunningham Crescent Road, in the heart of Bangalore City lays an exclusive community of 42 Residences, set in a 23-storey tower. These homes inspire you to live life to the fullest and express yourself the way you do it best. The residences are fully glazed on three sides, to afford you an incredible 270 Degree View. There are no common walls between you and your neighbor to ensure your home is truly a haven of peace and privacy. Added to that, a comprehensive basket of luxury lifestyle amenities give you exactly what you want during your leisure hours. Browse through this micro-site, for all the information you require to make an informed decision about purchasing your next home & don’t forget to leave your contact information by clicking the “Express Interest” tab at the bottom of this section. Come, experience the ultimate in luxury living!

Amenities

  • Gymnasium
  • Health Club With Steam/Sauna
  • Party Hall
  • Swimming Pool

FAQs

1. Where and what is Prestige Kenilworth?

Prestige Kenilworth is located on Cunningham Crescent Road, Bangalore. This is a Residential Development consisting of exclusive 42 Apartments, with two apartments per floor.

2. When do I get a confirmed allotment?

On payment of 20% of the Sale Value and submission of Post Dated Cheques for the remaining amount, the allotment will be confirmed.

3. Can I make a 100% down payment?

Yes. This offer is applicable for a limited period only. Please check with the Sales Team for more details.

4. How are installments to be paid and is it time bound?

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.

5. What are the other additional amounts to be paid?

BESCOM & BWSSB Charges, Contribution to the Sinking Fund, Advance Maintenance Charges, Generator Charges, Khata Assessment Charges, Registration Charges, VAT, Service Tax and any other taxes will be required to be paid as per the prevailing guidelines at the time of possession.

6. 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, 1% of the Sale Value will be forfeited before agreements are executed and 15% of the Sale Value will be forfeited post agreements as Cancellation Fee and the balance will be returned without interest.

7. What are the agreements that need to be signed?

The agreements that need to be signed are Agreement to Sell and Agreement to Construct, followed by a Sale Deed, at the time of possession.

8. 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.

9. What is the process of assignment?

  • Assignment can be done only after the Agreements have been signed, PDCs given and the new party agrees to comply with the terms and conditions of the principal agreement.
  • The Transfer Fees of 5% of the Sale Value will have to be paid.
  • If you have availed of a loan then you have to also retrieve and hand over to Prestige all letters and documents issued by Prestige to the Bank/Housing Finance Institution.
  • Requests for assignments will be accepted only after 20% of the Sale Value and 5 Installment payments are realized as per the payment schedule.

10. How do I book my Home at Prestige Kenilworth?

  • Identify your Apartment
  • Fill the Booking Application Form
  • Pay by Cheque/DD

The Booking Amount is 20% of the Sale Value of your unit including Car Park.

11. What happens thereafter?

You will be required to issue Post Dated Cheques (PDCs) for the remaining amount within 30 days against which a formal letter of allotment will be issued. Agreements will follow after completion of the allotment process.

12. Has the BBMP/BDA sanctioned the plans?

Yes, the development plan has been sanctioned by BBMP.

13. Is the title of the property clear?

Of course! You are dealing with Prestige. The land is freehold, marketable and free from all encumbrances.

14. What about Car Parking Space?

We can provide two car parking spaces for every apartment. Additional car parking requests will be taken up towards project completion, at an Additional Cost.

15. Are modifications permitted in the Apartment?

Prestige Kenilworth has been master planned with a theme and design, external and internal finishes have been carefully chosen. Considering the timeline of delivery and the theme we are unable to accept changes/modifications.

16. When does the development start and when can I expect to move into my new home?

Construction will commence by Feb 2015 and your new home will welcome you by Jan 2021.

17. Is there a Clubhouse, if yes, what are the facilities?

Yes, there is a Clubhouse at Prestige Kenilworth that is fully equipped with a Gymnasium, Health Club with Steam/Sauna, Party Hall and Swimming Pool.

18. What is its distance from M.G. Road?

The distance to Prestige Kenilworth from M.G. Road is 2Kms

19. Has Prestige Kenilworth been approved by Banks/Housing Finance Institutions (HFIs) for loans?

Yes, leading HFIs have approved the development and will extend loans to customers based on their specified criteria.

20. What is my responsibility for disbursement of installments through HFIs?

It is your responsibility to ensure timely disbursement of installments from HFIs and no demand will be made by us to the HFIs for the same. To facilitate smooth payments, customers are required to issue a consent letter. Post Dated Cheques handed over for the installments will be returned on receipt of the payment from the HFI.

21. Who will take care of the maintenance of the property?

The maintenance will be taken care of by Prestige Property Management & Services. You can now be rest assured that Prestige Kenilworth will be cared for by professionals.

22. What is the scheme for maintenance?

The scheme for maintenance is as under:

  • A sum of Rs. 42/- per sq ft 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. 42/- per sq ft corresponding to the super built-up 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.

23. What happens if I have any more questions/clarifications?

Please email us at properties@prestigeconstructions.com or
Contact us on: Toll Free: 1800-313-0080