About Prestige Somerville Bangalore

Whitefield
Bangalore, Karnataka 560066
India

Prestige Somerville 

Prestige Somerville Project Highlights Type Apartments Project Stage Prelaunch Location Whitefield, Banglore Builder Prestige Group Floor Plans 2, 3, 3.5, 4 BHK Price Starting Rs. 2.62 Cr* Onwards Total Land Area 6.5 Acres Total Units 306 Units Size Range 1773 - 2616 Sq Ft Towers and Blocks 2 Towers, G + 17 Floors Approvals RERA RERA No PR/290224/006660 Launch Date March 2024 Possession Date Dec 2027 Onwards

Investing in Prestige Somerville offers a compelling opportunity, backed by several factors contributing to its investment potential. Let's break down these factors:

1. Developer Reputation: The Prestige Group's established track record in the real estate industry instils confidence in investors regarding the project's execution and delivery.
2. Prime Location: The project's location in Whitefield, Bangalore, a rapidly developing area, enhances its attractiveness. Such areas typically experience heightened demand and appreciation in property value over time.
3. Villa Demand: The rising preference for villas, especially among families seeking spacious and upscale living spaces, aligns well with Prestige Somerville's offerings. This ensures a steady demand for the project's units.
4. Proximity to IT Hubs: The project's location near major IT parks makes it appealing to tech sector professionals. This proximity opens up opportunities for investors targeting the rental market, catering to this demographic.
5. Development Potential: The vast land area of Prestige Somerville leaves room for potential expansion or enhancement, which could further augment its value and appeal to investors.
6. Infrastructure Development: Ongoing infrastructure improvements in the vicinity contribute to the overall desirability of the area, positively influencing property values and connectivity, thus benefiting Prestige Somerville.
7. Rental Income: The high demand for rental properties in Bangalore, coupled with the project's quality offerings, presents an opportunity for investors to generate steady rental income, ensuring a return on their investment.
8. Resale Value: The combination of factors such as the developer's reputation, prime location, and quality construction enhances the project's potential for good resale value, providing investors with an exit strategy for profitable returns.

Considering these factors, investing in Prestige Somerville offers a promising opportunity for investors seeking capital appreciation and rental income in Bangalore's thriving real estate market.

The Prestige Group's journey since its inception in 1986 under the leadership of Mr. Razack Sattar is truly remarkable. Here are some key points highlighting the group's strengths and achievements:

1. Diverse Portfolio: The Prestige Group has established itself as a versatile developer with projects spanning residential, commercial, retail, and hospitality segments, showcasing its ability to cater to various market needs.
2. Emphasis on Quality: The group's dedication to architectural excellence and attention to detail is evident in its collaborations with renowned architects and design consultants. This commitment ensures that every project maintains high quality, aesthetics, and functionality standards.
3. Customer-Centric Approach: The Prestige Group prioritizes customer satisfaction through timely delivery, transparency, and ethical business practices. By implementing effective project management and quality control measures, the group ensures that customers receive products that meet or exceed their expectations.
4. Recognition and Awards: The group's pursuit of excellence has been acknowledged through numerous awards and accolades in the real estate sector. These recognitions underline the group's commitment to innovation, sustainability, and overall project excellence.
5. Corporate Social Responsibility (CSR): Beyond its business endeavours, the Prestige Group is committed to CSR initiatives in education, healthcare, and environmental conservation. This highlights the group's broader impact on society and its dedication to contributing positively to the communities it serves.

Overall, the Prestige Group's journey reflects a steadfast commitment to excellence, innovation, and social responsibility, making it a leading player in India's real estate sector.

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