Prestige Lake Ridge

Prestige Lake Ridge, N0: 115, UTTARAHALLI, Post, Veeranjaneya Layout, 2nd Stage, Yadalam Nagar, Subramanyapura, Bengaluru, Karnataka 560061
₹36.3 Lakhs Onwards

Project Highlights

  • RERA No: PR000334 (P1) | PR000336 (P2)
  • Development Size: 15 Acres
  • Number of Units: 1119 Apartments
  • Bedrooms: 1, 2, 2.5, 3
  • Price: ₹36.3 Lakhs Onwards
  • Development Type: Bangalore Residential, Residential Apartments
  • Contact No: +91 99002 43904
  • Address: Yadalam Nagar, Uttarahalli, Bengaluru

Overview

  • In the fast developing suburb of Yadalam Nagar, Uttarahalli, Bengaluru, Prestige brings to you contemporary dwellings that resonate perfectly with your needs. Prestige Lake Ridge houses 1,119 intelligently planned and luxuriously laid out high-rise homes set in 12 towers of 17 & 18 floors, with a spectrum of sizes and configurations, so you can choose a home that suits you the most. From 1-bed to 3-bed homes, every apartment is a spacious and airy abode that overflows with natural light and ventilation. Conveniently located to provide you ready access via arterial roads, the property is within easy reach of well reputed schools, hospitals, shopping areas, and entertainment hubs. With extensive open lung spaces, Prestige Lake Ridge is landscaped in the signature Prestige style, which soothes the mind and pampers your senses. It also includes a plush, well-equipped clubhouse that has plentiful ways to keep your leisure hours meaningfully occupied, badminton & squash courts, billiards & table tennis rooms, aerobics & a yoga area, a cards room, indoor games facilities, multi-purpose halls, and a health club. There is also a large swimming pool, a jogging track, and a children’s play area. Explore this micro-site to discover more about Prestige Lake Ridge – a residential community where you ‘feel at home,’ in every sense of the phrase. Please also submit your details in the ‘Contact Us’ section, found at the bottom of this page to enable one of our representatives to get in touch with you to assist you in Adding Prestige to Your Life.

Walkthrough

Floor plans

Cluster Floor Plan - Towers 1-3, 11,12

Floor Plan

Cluster Floor Plan - Towers 1-3, 11,12

Floor Plan

Cluster Floor Plan - Tower 4 Ground Floor

Floor Plan

Cluster Floor Plan - - Tower 4 Floor 1

Floor Plan

Cluster Floor Plan - Tower 4 Floors 2-18

Floor Plan

Cluster Floor Plan - - Towers 5-7

Floor Plan

Cluster Floor Plan - Towers 5-10

Floor Plan

Type A

Floor Plan

Type B

Floor Plan

Type C

Floor Plan

Type D

Floor Plan

Type E - 2.5 Bed

Floor Plan

Type E1 - 2.5 Bed

Floor Plan

Type F

Floor Plan

Type G

Floor Plan

Type H

Floor Plan

Type J

Floor Plan

Type K

Floor Plan

Type L

Floor Plan
  • Address: Yadalam Nagar, Uttarahalli, Bengaluru
  • City: Bengaluru
  • State: Karnataka
  • Pin Code: 560062
  • Neighborhood: Banashankari, Kanakapura Road, Rajarajeshwari Nagar

Download Brochure

click here to download the brochure

Structure

  • RCC Framed Structure
  • Cement Blocks for All Walls

Lobby

  • Elegant Ground Floor Lobby with Flooring & Wall Cladding in Granite/Marble
  • Upper Floors Lobby Flooring in Vitrified Tiles & Lift Cladding in Granite/Marble
  • All Lobby Walls in Texture Paint & Ceiling in Distemper
  • Service Lobby & Service Staircase in Kota with Texture Paint on Walls

Lifts

  • Suitable Size & Capacity Passenger Lifts in Every Block

Apartment Flooring

  • Vitrified Tiles in the Foyer, Living, Dining, Corridors & All Bedrooms
  • Anti-skid Ceramic Tiles in Balconies

Kitchen

  • Ceramic/Vitrified Tiled Flooring & 2 Feet Ceramic Tile Dado over the Granite Counter
  • Single Bowl Single Drain Steel Sink with Chrome-plated Tap
  • Ceramic/Vitrified Tiled Flooring & Ceramic Tile Dado for the Utility
  • Ceramic/Vitrified Tiled Flooring for the Maid’s Room

Toilets & Fittings

  • Anti-skid Ceramic Tiles Flooring
  • Ceramic Tiles on Walls up to False Ceilings
  • Granite Counter with Ceramic Wash Basin in the Master Toilet & Pedestal Wash Basins in Other Toilets
  • EWCs & Chrome-plated Fittings
  • Single Lever Tap & Chrome-plated Shower Mixers
  • Geysers in All Toilets inside Grid False Ceiling, except the Maid’s Toilet
  • Suspended Pipelines in Toilets Concealed within the Grid False Ceiling

Painting

  • Cement/Textured Paint on External Walls
  • Internal Walls & Ceilings in Distemper
  • Enamel Paint on All Railings

Doors & Windows

  • Entrance Door – 8 Feet High Opening with Pre-moulded Flush Shutter & Frame in Wood, Polished on Both Sides
  • Other Internal Doors – 7 Feet High with Wooden Frames & Flush Shutters
  • External Doors – Aluminium/UPVC Frames & Sliding Shutters
  • Windows – 3 Track Aluminium/UPVC Framed Windows with Clear Glass & Provision to Fix Mosquito Mesh Shutters
  • Enamel Painted, MS Designer Grills for Ground Floor Apartments Only

Electrical

  • Concealed Wiring with PVC Insulated Copper Wires & Modular Switches
  • Sufficient Power Outlets & Light Points will be provided
  • 6 KW Power will be provided for 3-Bedroom Units
  • 4 KW Power for 2 & 2.5-Bedroom Units
  • 2.5 KW Power for 1-Bedroom Unit
  • Provision for Installation of Spilt ACs in the Living Room & All Bedrooms
  • TV & Telephone Points provided in the Living Area & All Bedrooms
  • ELCB & Individual Meters will be provided for All Apartments

Security System/Security System & Additional Amenities

  • Security Cabins at All Entrances & Exits with Peripheral CCTV Coverage

DG Power

  • DG Back-up provided for All Common Services

Additional Cost

  • 100% Power Back-up for All Apartments

Where and what is Prestige Lake Ridge?

Prestige Lake Ridge is located in Yadalam Nagar, Uttarahalli, Bengaluru. This is a premium residential development spread over 15.37 acres, consisting of 1,119 apartments across 12 towers each having 18/19 floors.

What is its distance from M.G. Road?

The distance to Prestige Lake Ridge from M.G. Road is 15 Kms.

Who are the key designers of Prestige Lake Ridge?

Venkataramanan Associates are the key designers for Prestige Lake Ridge.

What are the different types of Apartments, and what are their sizes?

Prestige Lake Ridge consists of a total of 1,119 Apartments, with 1, 2, 2.5 & 3 Bedroom configurations. Their details are as under:

Is this a phased development? What is the timeline for completion?

The project Phase 1 will be completed by April 2021 & Phase 2 will be completed by March 2022.

Is there any differential pricing based on the floors or orientation of apartments?

Yes, there is a differential pricing for apartments. For every floor, there is an increase of INR 15 per sq ft and PLC will be additional at INR 75 per sq ft.

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

Yes, there is a Clubhouse located near the entrance of the property, that is fully equipped with an Aerobics/Yoga Room, ATM Space-provision, Badminton Court, Billiards/Snooker/Pool Room, Cards Room, Children’s Play Area, Creche, Gymnasium, Health Club/Spa, Indoor Games, Jogging Track, Kids Pool, Laundromat, Library Space, Mini Theater, Multi-purpose Halls, Space provision for a Supermarket, Squash Court, Swimming Pool, Table Tennis, Tennis Court & Terrace Party Area.

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

Construction will commence by September 2016 tentatively and the project Phase 1 will be completed by April 2021 & Phase 2 will be completed by March 2022.

Are modifications permitted in the Apartment?

Prestige Lake Ridge has been master-planned with a theme. Design, external and internal finishes have been carefully chosen. Considering the number of apartments and timeline of delivery, we are unable to accept changes/modifications.

What about Car Parking Space?

We can provide one car parking space for every apartment. Additional car parking requests will be taken up towards project completion, at an additional cost.

Is the title of the property clear?

Of course! Legal due diligence has been done by M/s. Kusuma Advocates. The land is freehold, marketable and free from all encumbrances.

Has the BBMP sanctioned the plans?

The development plans have been submitted to BBMP, for approval.

How do I book my Home at Prestige Lake Ridge?

  • Identify your Apartment from the available options.
  • Fill-in the Booking Application Form.
  • Pay the initial booking amount by cheque/DD favouring ‘Prestige Estates Projects Limited’ along with the required supporting documents.
  • Pay the balance of 20% of the Sale Value by way of a post-dated cheque (PDC) dated within 30 days from the date of booking.

What happens thereafter?

On realization of the initial payment of 20% of the Sale Value and Applicable Taxes, you will be required to issue PDCs for the future installments within 15 days, against which a formal letter of allotment will be issued. Agreements will follow after completion of the allotment process.

What will be the scope of maintenance?

The scope of maintenance will cover maintenance of the common infrastructure for the mansions, road, landscape of common areas, upkeep of the individual landscape of the Mansions, AMC of the pool and all other items required for the upkeep of the common areas. The Mansion owners in discussion with the Property Management Company can further define the scope as may be required.

The Prestige Property Management and Services will vary out the above Scope of Maintenance on a cost + 15% basis. Specialised agencies as required will be appointed.

Maintenance of the golf course and the Clubhouse will be carried out by Prestige.

How do I get an allotment?

  • Fill up the booking application form indicating your choice of Mansion
  • Enclose the booking form along with your cheque/DD.
  • Allotment will be given at the sole descretion of Prestige

What happens thereafter?

Based on your application and priority you will be offered the Mansions available. On confirmation of the Mansion of your choice you will be required to make the necessary initial payments along with the post-dated cheques

When do I get a confirmed allotment?

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

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.

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

Installments are to be paid by way of PDCs, which is a pre-condition of the allotment. The schedule of payment is on a time-bound basis as mentioned in the payment schedule.

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 Statutory Charges and Duties will be required to be paid as per the prevailing guidelines 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 are executed and 15% of the Sale Value will be forfeited post agreements as Cancellation Fee and the balance will be returned (subject to statutory deductions, if any) without interest.

What are the agreements that need to be signed

The agreements that need to be signed are Agreement to Sell & Agreement to Construct, followed by a Sale Deed upon completion of the development.

What is the process of registration and when does registration take place?

Registrations will be done only on completion of the development and on payment of the entire sale consideration including the additional charges. Registrations will be facilitated by us through an advocate appointed by Prestige.

What is the process of assignment?

  • Assignment can be done only after the Agreements have been signed, PDCs given, five instalments have been paid, and the new party agrees to comply with the terms and conditions of the principal agreement.
  • The Transfer Fees 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 (HFI), along with their NOC.

What if Prestige delays the construction and possession?

Our endeavor is to complete and hand over the development as per committed time lines. However if there is a delay, Prestige will pay 9%* per annum on the amount collected, which will be clearly brought out in the agreements.

*Conditions apply

Has Prestige Lake Ridge been approved by HFIs for loans?

We will be seeking approvals from all the leading banks/HFIs, who will then extend loans to customers based on their eligibility criteria.

What is my responsibility for disbursement of instalments through HFIs?

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

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 Lake Ridge will be cared for by professionals.

What is the scheme for maintenance?

The scheme for maintenance is as under:

  • A sum of INR 50 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 INR 50 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.

What happens if I have any more questions/clarifications?

Please email us at: projectinfo@prestigeconstructions.com or Contact Us on: Toll Free: 1800 313 0080, Corporate Office Landline: +91 80 2559 1080 or Visit our office at the below-mentioned address:

Prestige Estates Projects Ltd.
The Falcon House,
No. 1, Main Guard Cross Road,
Bangalore – 560 001
Karnataka, India

Asia Pacific Property Awards Development
Development Marketing India
Prestige lake Ridge by Prestige Estates Projects Limited
2018-2019

Amenities

  • Aerobics/Yoga Room
  • ATM Spaces
  • Badminton Court
  • Billiards
  • Cards Room
  • Children's Play Area
  • Clubhouse
  • Creche
  • Gymnasium
  • Health Club
  • Indoor Games
  • Jogging Track
  • Kids Pool
  • Laundromat
  • Library Space
  • Mini Theatre
  • Multipurpose Hall
  • Squash Court
  • Super Market Space
  • Swimming Pool
  • Table Tennis
  • Tennis Court
  • Terrace Party Area

Similar Properties

₹76 Lakhs Onwards

Prestige Park Square

Prestige Park Square, Sy. No. 8/2, 9/1, 10 Basavanapura Village Begur Hobli, Bangalore South Taluk, Bengaluru, Karnataka 560083, India

Beds: 2, 3, 3.5Units: 586

Bangalore Residential, High-Rise Apartments

₹76 Lakhs Onwards

Bangalore Residential, High-Rise Apartments

Beds: 2, 3, 3.5Units: 586

₹3.53 Crores Onwards

Prestige Tech Vista

Prestige Tech Vista, Prestige Tech Park Rd, Kadubeesanahalli, Bengaluru, Karnataka 560103

Beds: 3, 4 Exclusive Luxurious Town Houses between 3,980 to 4,307 sq ft.: 30

Bangalore Residential, Exclusive Town Homes, Ready to Move-In

₹3.53 Crores Onwards

Bangalore Residential, Exclusive Town Homes, Ready to Move-In

Beds: 3, 4 Exclusive Luxurious Town Houses between 3,980 to 4,307 sq ft.: 30


Quick Enquiry