Prestige Temple Bells Residential and Commercial Project

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Prestige Group is a renowned real estate developer in Bangalore. The company has a multi-dimensional profile and ventures into residential, commercial, retail and hospitality sector. Recently, the group has launched one new project Prestige Temple Bells. It is the only Real Estate Developer in Bangalore who has won the reputed FIABCI Award for its software and residential facilities. Located in Rajarajeshwari Nagar, South Bangalore, it is well-connected to other parts of Bangalore.

Frequently Asked Questions

1. Where and what is Prestige Temple Bells?
Prestige Temple Bells is located in Yadalam Nagar, Uttarahalli, Bengaluru. This is a premium residential development set in over 15.37 acres of land. It consists of 1119 apartments spread across 12 towers having 18 & 19 floors.

2. How far is the location from M.G Road?
It is about 15 kms from MG Road and 3.6 kms from Konankunte Cross off Kanakapura main Road.

3. Who are the Architects/Master Planners of Prestige Temple Bells?
Venkataramanan Associates are the key designers for Prestige Temple Bells.

4. Is there a club house and what are the facilities provided?
Prestige Temple Bells has an elaborate Clubhouse located near the entrance of the property, with Indoor Badminton Court, Squash Court, Gymnasium, Swimming Pool, Childrens Pool, 2 Party Halls, Mini Theatre, Table Tennis, Spa/ Health Club, Yoga and Aerobics, Indoor Games, Children’s Play area, Billiards room, Cards room, Open Terrace Party area, Reading room, Laundrette and spaces for ATM, Convenience store and Creche.

5. Is this a phased development and what are the time lines for completion?
The entire development will be taken up in one phase and is expected to be ready for possession March-2020 onwards.

6. Is there any differential price based on the floor and orientation of the apartments?
Yes, there is a differential pricing for apartments. For every floor rise there is an increase of Rs.15/- per sft and PLC will be additional at Rs.75/ per sft.

7. How do I book my home at Prestige Temple Bells?
Please identify your Apartment from available options.
Fill in the booking application form.
Pay the initial booking amount by way of cheque/DD favouring ‘’ PRESTIGE ESTATES PROJECTS LIMITED ’’
along with required supporting documents.
Pay the balance of 20% of the sale value by way of a PDC dated within 30 days from the date of booking

8. What happens thereafter?
On realization of the initial payment of 20% of the Sale value + Tax you will be required to issue post-dated cheques (PDCs) for the future instalments within 15 days, against which a formal letter of allotment will be issued. Agreements will follow after completion of allotment process.

9. When do I get a confirmed allotment?
On payment of 20% of the sale value + tax and submission of post-dated cheques for the remaining amount, the allotment will be confirmed.

10. Can I make 100% down payment?
Yes. This offer is applicable for a limited period only. Please check with our Sales Team for more details.

11. How are instalments to be paid and is it time bound?
Instalments 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.

12. 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 as cancellation fees if you cancel before the Agreements are executed and 15% of the sale value will be forfeited as cancellation fees if you cancel the afterAgreements are executed, and the balance will be returned (subject to statutory deductions if any) without interest.

13. When does the development start and when can I expect to move into my new home?
Construction will commence by Sep 2016 tentatively and your new home will welcome you March 2020 onwards.

14. Are modifications permitted in the apartment?
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.

15. What about car parking spaces?
We can provide one car parking space for every apartment. Additional car parking requests will be taken up towards project completion, subject to availability.

16. 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

17. Has BBMP sanctioned the plans?
Yes, the development plans have been submitted for BBMP approval

18. 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

19. 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 taxes and additional charges. Registration will be facilitated by us through an advocate appointed by Prestige.

About Builder
The Prestige Group owes its origin to Mr. Razack Sattar, who envisioned a success story waiting to take shape in the Retail Business in 1956 itself. Since its formation in 1986, Prestige Estates Projects has grown swiftly to become one of South India’s leading Property Developers, helping shape the skyline across the Residential, Commercial, Retail, Leisure & Hospitality sectors.

Prestige Court on K.H. Road in Bangalore set the pace for the Group’s rapid growth which now stands at over 184 Completed Projects spanning a total developed area of over 60.74 million sqft. It also has another 57 ongoing projects comprising around 59.24 million sqft & 43 upcoming projects totaling 44.11 million sqft., which include Apartment Enclaves, Shopping Malls and Corporate Structures, spread across all asset classes.

Prestige Constructions, an ISO 9001:2000 certified company is the only Real Estate Developer in Bangalore to have won the reputed FIABCI Award for its software and residential facilities. Prestige was also recently awarded the Crisil DA1 Developer Rating in recognition of the quality of their projects and the ability to deliver completed projects in a timely manner, making them the ONLY Property Developer across India to have received this distinction. Today, Prestige stands as a giant and with aggressive growth plans across the Residential, Commercial, Retail and Hospitality Sectors in Bangalore, Goa, Hyderabad, Mangalore, Cochin and Chennai, lies a bright future ahead!

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