Bangalore prelaunch projects refer to real estate development projects in Bangalore that are currently in the planning or development stage but have yet to be officially launched or made available for public sale. These projects are typically offered to select individuals or investors before they are marketed to the general public. Prelaunch projects often provide attractive pricing, payment plans, and the opportunity to select prime units in the development. However, the risk is involved, as the final product and delivery timeline may differ from initial projections.
Bangalore has seen tremendous growth and development. The city is home to several leading IT companies, making it a hub for IT professionals nationwide. The real estate market in Bangalore has also witnessed significant growth, with several pre-launch projects attracting the attention of investors and homebuyers alike. Pre-launch projects refer to properties still in the planning or approval stages and have yet to be officially launched. These projects offer a unique opportunity for investors with lower prices before the project is officially launched. Pre-launch projects are often discounted compared to completed or launched projects, making them an attractive option for investors in the real estate market.
Investing in Bangalore's pre-launch projects can be wise for several reasons. Firstly, Bangalore is a rapidly growing city that attracts many IT professionals, making it a promising market for real estate investment. The city's demand for quality housing options is high, and pre-launch projects offer the opportunity to invest in prime locations at lower prices.
Secondly, pre-launch projects offer the chance to customize the interiors and layout of the property according to the buyer's preferences. This is impossible in ready-to-move properties, where the interiors and layout are already fixed.
Thirdly, investing in pre-launch projects provides a higher potential for capital appreciation. The prices of the units are likely to increase, providing buyers with a higher return on investment.
Lastly, pre-launch projects have a warranty period, ensuring quality and timely completion. The developer is responsible for any defects or issues that arise during the warranty period, providing peace of mind to buyers.
Here are some of the Bangalore pre-launch projects:
The Prestige Group initiated the development of Prestige Serenity Shores. Prestige Serenity Shores is on the road between Sarjapur and Marathahalli. It exceeds 102 acres. The development comprises luxury apartments and villas. The Prestige Group's most successful project is Prestige Serenity Shores. It contains 6 million square feet of development. There are 3,426 apartments and 271 villas. The project spans the most desirable areas of Bangalore. Prestige Serenity Shores is the ideal location for purchasing property in Bangalore's eastern region. The new high-rise prelaunch includes selling 2, 3, and 4 BHK apartments. There are apartments ranging in size from 905 to 2882 square feet. It is near the Prestige Lakeside Habitat in Whitefield.
Prestige Large IT parks are near Serenity Shores. There are numerous entertainment venues in and around the city. Malls like Forum Shantiniketan and Phoenix Marketcity are near the proposed development site. Whitefield Railway Station is the station closest to the development site. The Namma Metro Railway line will be completed shortly. This will connect Whitefield. It will facilitate quick commutes. The distance to Electronic City via NH 44 is 27 kilometers, and the distance to Electronic City Flyover ITPL via Whitefield Main Road and ITPL Main Road is 5.6 kilometers. Marathalli Main Road is 6,4 kilometers away from Marathalli. Varthur Road is 16 kilometers from Koramangala.
Prestige Park Grove in Whitefield is a futuristic prelaunch residential development. The project encompasses 80 acres. The design includes opulent 1, 2, and 3 BHK apartments. In addition, there are 3 and 4 BHK luxury villas. This prestigious release is the key to a life of luxury. Due to meticulous drafts and plans, the project is a symbol of comfort and luxury. The principles of Vaastu guarantee positive energy and aura. The residences are roomy and well-lit. Sizes range between 600 and 1800 square feet. Park Grove contains wide internal roads and footpaths. The open spaces have been designed with lush terrain and quads. Parks and gardens are integral components of the layout. The project is awaiting RERA Board approval. Whitefield is a well-known neighborhood in east Bangalore. Park Grove is rife with leading IT firms and tech parks. The project is situated near prestigious schools and hospitals. Whitefield is the city's IT nerve center. The area contains slick housing developments. The forthcoming Purple Metro Link will facilitate travel.
The Prestige Group created the illustrious apartment complex Prestige Lavender Fields in Varthur, Whitefield, and East Bangalore. The project encompasses over 7.75 hectares and includes 1,473 well-appointed luxury apartments. The upscale residences offer 1, 2, 3, and 4 BHK apartments in various layouts and sizes. The apartment sizes range between 669 and 2717 square feet. The apartments come in many different sizes and price ranges. To help the investor make the best decision, multiple topologies are presented. The one-bedroom apartments are compact but cozy. With two bedrooms and three bathrooms, these homes are ideal for nuclear families. The three and four-bedroom apartments are spacious and well-equipped for an opulent lifestyle. The project features a magnificent podium for luxurious living. Residents will have access to urban, world-class residences with global and superior specifications. The property has access to abundant amenities, including a spacious clubhouse and various outdoor conveniences. The project includes six towers with a total of 32 floors.
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