Project Overview: Prestige Woodside, Bangalore

Prestige Group is one of southern India’s leading property developers. In the last few months, Prestige has flooded the Bangalore market with numerous exquisite launches such as Prestige Temple Bells, Prestige Falcon City, Prestige Gulmohar and now, Prestige Woodside.

The Product: Prestige Woodside

Prestige Woodside is built over 13.31 acres and offers 138 units of 3BHK and 4BHK villas. The super-built-up area of 3BHK ranges from 2634-2789 sq.ft. and super-built-up area of 4BHK ranges from 3116-4228 sq.ft.

The USP of this project is the green foliage provided by an orchard with huge tamarind and mango trees, which will be developed in the township. Avalahalli Lake is an added attraction, as it's located very close to the project site.

Some amenities provided in this project are:

Swimming pool

Gymnasium

Club house

Children’s play area

Cafeteria

Badminton court

Squash court

Jogging track

Library

Party hall

The Builder: Prestige Group

Envisioned by Razack Sattar in 1956, Prestige Group ventured into real estate projects in 1986. The construction portfolio of company includes residential, retail, commercial, leisure and hospitality real estate. With numerous successful launches, the group has become a strong presence across Bangalore, Cochin, Goa, Chennai, Mangalore and Hyderabad. Currently, Prestige Group has 65 projects comprising of around 56.94 million sq. ft. and around 28 projects are under construction on 31.15 million sq. ft.

Directions to Reach:

The project is located in Yelahanka, Bangalore and offers good connectivity to all social amenities like healthcare facilities, educational institutions and shopping arcades. It is 14 kilometers north of Bangalore and is governed by Bruhat Bangalore Mahanagara Palike (BBMP) . You can easily reach Yelahanka via NH-7. In 1970s, it was considered as a satellite town but after the Bangalore International Airport became operational, Yelahanka became an integral part of Bangalore. Yelahanka is well-connected to all social amenities. 

Locational Advantages:

Yelahanka Railway Station is about 15 kilometers north of Bangalore City Railway station

The area is well-connected to other major areas in the city via BMTC (Bangalore Metropolitan Transport Corporation) and KSRTC (Karnataka State Road Transport Corporation)

MG Road is located at a distance of 19 kilometers

Bangalore Metro is also expected to connect Cubbon Park with Bangalore International Airport with a station at Yelahanka.

Infrastructure:

With several reputed schools, hospitals and shopping malls, Yelahanka is witnessing high activity in residential real estate market. Kurlappa Shopping Complex at State Highway 104 and New Town Shopping Complex near Yelahanka Road are two famous shopping malls in Yelahanka. In addition, Reliance Fresh and Mega Mart are located in close vicinity.

Price/Location Comparison:

Prestige Woodside is available at a pre-launch price of 6,454 per sq.ft. The booking amount is 7,50,000 for 3BHK and 10,00,000 for 4BHK,respectively.  According to the latest updates, the average property price in Yelahanka is 4,654 per sq.ft. which is very low in comparison to project price.

If we look at the market records, the buyers of Prestige Ivy Terraces got 20% appreciation within a year. And all Prestige projects have witnessed a high price appreciation, so your investment is likely to yield good results.

As a brand to reckon with, Prestige Woodside is an option you can consider if you are looking to invest in property in Bangalore.

PropTiger’s Ratings:

Parameters	Ratings
Builder	Good
Price	Average
Project	Good
Location	Good

 

Overall Recommendations:

Owing to its ideal location, Prestige Woodside is a good investment opportunity. Currently, the project is in the best stage of its cycle i.e., the pre-launch stage. This is the best time when you are more likely to get a unit of your choice. It’s definitely a project you don’t want to miss.

If you have any reviews about this project, do share it with us.