×
×
Enquiry
Contact Us

Prestige Waterford Faqs

Prestige Waterford FAQ's

Strategically located on ECC Road in the heart of Whitefield, Prestige Waterford is an exclusive community for the discerning few. Over an expansive 16.6 Acres of land, this project comprises of 689 spacious and well-laid apartments in seven majestic towers. The development embodies a thoughtful and refined composition comprised of excellent usable landscape & greenery.

The area is well-linked with Outer Ring Road and Old Madras Road, along with the popular roadways. Whitefield is approximately 44 km from Kempegowda International Airport and approximately 3 km from the closest railway station. Some of the major roads such as Whitefield road via Mahadevapura and Varthur road through Marathahalli, these roads direct to Karnataka State Highway 35 offering seamless connectivity to all of the Bangalore's major hubs. The Whitefield railway station is also on the Bangalore-Chennai route and is well serviced by electric trains. This railway station is close to the Whitefield bus stop which gives excellent connectivity through a broad range of bus services.

Over an expansive 16.6 Acres of land, this project comprises of 689 spacious and well-laid apartments in seven majestic towers. These high-rise towers which go up to 25 levels above the ground floor towers house lavish 3 Bed and 4 Bed Residences with a limited number of 1 Bed Suites

The project is located in the heart of Whitefield on ECC Road with excellent social and civic infrastructure with close proximity to 2 upcoming major metro stations, Whitefield railway station, major Tech parks, best of the schools in Bangalore and quality health care facilities..

Distance form Key Locations

Upcoming Metro Stations

  • Hope Farm - 1 km
  • ITPL - 800 m

The upcoming phase 2 construction of the purple metro line provides a major boost to locality connectivity. The Metro rail system will enhance connectivity with Whitefield, increasing demand for residential property even further in the coming days. Brookfield, K R Puram, and C V Raman Nagar are only a few other places of great appreciation. The entire area from Whitefield to Sarjapur is witnessing good real estate activity due to its excellent connectivity through internal roads. The expansion of the Namma Metro will cover 13 stations between Byappanahalli and Whitefield, and again several route extensions currently under development.

Schools

Deens Academy Whitefield, Deens Academy Gunjur, DPS Whitefield, NPS Whitefield, NPS off ITPL, EKYA School, Shri Ram Global School- Whitefield, Inventure Academy Gunjur, Greenwood High, Global Indian International School, Chrysalis High Kadugodi, Chrysalis High Gunjur

Hospitals

Manipal Hospital, Columbia Asia, Vydehi Institute of Medical Sciences, Sathya Sai super specialty Hospital

Shopping & Entertainment

Forum Shantiniketen, Park Square Mall, Forum Neighborhood mall, Inorbit Mall, Phoenix Mall, VR Mall, Virginia Mall

Business & IT Parks- ITPL

Prestige Shantiniketen, Salarpuria GR Tech park, Brigade Bhuwalka Icon, Sigma Soft Tech Park Business, Prestige Technostar, Prestige Tech Park- Marathalli, Divyasree Technopark, HP, Sap LABS, EMC2

The Architecture firm, Thomas Associates are the key designers for Prestige Waterford Landscape consultants: Coopers Hill - Singapore.

Apartment Configuration:

Unit Type Configuration Sale Area Carpet Area
B1 3 BR (S) 1775 SFT 1197 SFT
B2 3 BR (S) 1778 SFT 1197 SFT
B3 3 BR (S) 1785 SFT 1209 SFT
C1A 2.5 BR 1694 SFT 1114 SFT
C2A 2.5 BR 1694 SFT 1128 SFT
C1 3 BR with maidsroom 2027 SFT 1368 SFT
C2 3 BR with maidsroom 2027 SFT 1382 SFT
D1 4 BR 2525 SFT 1740 SFT
D2A 3 BR 2060 SFT 1380 SFT
D2 4 BR 2555 SFT 1757 SFT

The development is complimented by a fully equipped clubhouse which includes a swimming pool, gym, health club, indoor badminton courts, mini theater, party halls, tennis court, multipurpose court, cricket practice pitch, outdoor game area, children’s play area, joggers park, bicycle track, event lawns with gazebo, convenience store and creche.

Prestige Waterford Specifications are top of the line. Beautifully made landscaped parks, paint-free from weather and dust, decorative walkways, water bodies, boulevard, and many more. The Prestigious Waterford provides its residents with various state-of-the-art facilities. Some of them would be Club House, Swimming Pool, Mini Theatre, 2 Multi-Purpose Halls, game room, Protection, Tennis Court, Wi-Fi, Intercom, BasketBall Court, 24-hour Backup, squash courts, community center, ATM, healthcare facilities, internet connectivity, Bank, Supermarket Space Provision, Cafeteria, and other luxurious amenities.

Prestige Waterford is a single phase development

Yes, there is a differential pricing for apartments. For every floor rise there is an increase. In addition to the floor rise, sel ected apartments will also attract a preferential location charge (PLC).

  • 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 favou ring ‘’Prestige Estates Projects Limited A/C WATERFORD’’ together with required supporting documents.
  • 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.

On realization of the initial payment of 10% you will be requir ed to issue post-dated cheques (PDCs) for the instalments within 15 days against which a formal letter of allotment will be issued. Agreements will follow after completion of allotment process.

On payment of 10% of the sale value and submission of post-date d cheques for the remaining amount, the allotment will be confirmed.

Instalments are to be paid by way of post-dated cheques which i s 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 & return ed back at the time of possession.

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 ag reements are executed as cancellation fee and the balance will be returned (subject to statutory deductions) without interest. Cancellation will attract GST as applicable.

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.

Legal due diligence has been done. The land is freehold, marketable and free from all encumbrances. Most importantly this is an allotment from BBMP (government of Karnataka)

The development plans have been sanctioned by BBMP

Yes, RERA Registration number - PRM/KA/RERA/1251/446/PR/200811/003528

The Documents that need to be signed are Agreement to Sell & Construct, 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. Registration will be facilitated by us through an advocate appointed by Prestige.

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 t o retrieve and hand over all letters and documents issued by Pr estige to the bank / housing finance institution along with their NOC. Pl ease note that transfer will be done only when you have no amou nt due & interest for delayed payments, if applicable, has been paid to Prestige as on the intended date of transfer.

Our endeavour is to complete & hand over the project as per com mitted 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).

BESCOM & BWSSB charges, GST, Generator charges, Khata assessment & bifurcation charges, Registration & Stamp duty charges Sinking fund & Advance maintenance and any other statutory charges/ duties as applicable. GST will be collected along with booking amount and instalments spread till possession.

Yes we have selected Banks/HFIs who will extend loans to customers based on their eligibility criteria.

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.

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

We welcome your questions and queries which could be put forth through our website; they would be answered within a definitive timeline. We can be reached directly at this Number.

phone
Whatsapp