Prestige Raintree Park
Prestige Raintree Park is a new residential Apartments development project launched in Varthur Road in Bangalore. Ensuring that residents enjoy both breathtaking landscape and connectivity to the rest of the city. The project is thoughtfully designed with top-notch amenities.
The project covers an impressive 21 acresland area and offers a variety of luxurious and spacious living options. You can choose from 3 BHK Urbania - sqft - 2004 to 2020 sqft, 3 BHK Regalia - sqft - 2226 to 2267 sqft, 3 BHK Regalia - sqft - 2401 sqft, 3 BHK Regalia - sqft - 2482 to 2490 sqft, 4 BHK Imperia - sqft - 2533 to 2588 sqft Apartments, all designed to meet your needs for comfort and style. Prestige Raintree Park contains a total of 1520 units, distributed across 18 towers, each standing tall with 2B+G+18 floors. This ensures plenty of choices for families, singles, and everyone in between.
For more information about layout and design details, comprehensive information about the master plan and floor plans please refer the sections below.
Expected to be ready for occupancy by Dec 2028 Onwards, Prestige Raintree Park is developed by Prestige Constructions, a reputable name in the industry known for completing numerous projects accross Bangalore. Their commitment to quality, timely delivery, and reliability allows you to invest in your new home with confidence.
Prestige Raintree Park comes with world class amenities to fill your essential and affluent needs. Residents can take advantage of a fully equipped gymnasium, clubhouse, and a swimming pool. For those who enjoy recreational activities, there are indoor games, a jogging track, and beautifully landscaped gardens. Children will have their own dedicated play area to explore and enjoy. Retail spaces add convenience for everyday shopping needs. A designated party area makes it easy to celebrate special occasions with family and friends.
Prestige Raintree Park promotes a lifestyle that embraces nature. With ample open space, residents can enjoy a sense of luxury and tranquility surrounded by greenery. The project is designed to provide a comfortable living experience, complemented by 24/7 security for the safety and peace of mind of all residents.
Prestige Raintree Park excels in connecting you to the external world as well. Located in Varthur Road.
Varthur Road, located in the eastern part of Bengaluru, is a rapidly developing area that has become a hotspot for real estate investment. It is strategically positioned near popular areas like Siddapura, Ramagondanahalli, and Balagere. The locality offers seamless connectivity to major IT hubs such as Whitefield and Marathahalli, making it a preferred residential choice for professionals.
The area is well-served by educational institutions including Pratham International School and Vagdevi Vilas School. Healthcare facilities like Suraksha Multispeciality Hospital and Vijay Hospital are in close proximity. For shopping and entertainment, residents can visit nearby centers such as Central Mall, The Forum Neighbourhood Mall, and Virginia Mall. Public transportation is facilitated by BMTC buses, with the Munekolala bus stand and Nallurahalli metro station offering connectivity to other parts of Bengaluru.
Whether you’re searching for a new family home or an independent living space full of vibrancy, Prestige Raintree Park has something for everyone. Don't miss out on the opportunity to be part of this exceptional community.
All this enhanced life experience comes with the affordable and competitive prices. For details on pricing please refer to the pricing table below or contact us for exclusive offers.
Prestige Raintree Park Highlights
Builder Prestige Constructions
Project Name Prestige Raintree Park
Approving Authority
RERA PRM/KA/RERA/1251/446/PR/270824/006981
City Bangalore
Location Varthur Road
Project Type Apartments
Project Status New Launch
Land Area 21 acres
Number of Towers 18 towers
Floor Level 2B+G+18
Number of Units 1520
Possession Date Dec 2028 Onwards
Unit Variants 3 BHK Urbania - sqft - 2004 to 2020 sqft, 3 BHK Regalia - sqft - 2226 to 2267 sqft, 3 BHK Regalia - sqft - 2401 sqft, 3 BHK Regalia - sqft - 2482 to 2490 sqft, 4 BHK Imperia - sqft - 2533 to 2588 sqft
Prestige Raintree Park Salient Features
- Lakeview apartments with views of Varthur Lake
- 1 lakh sqft clubhouse with state-of-the-art amenities
- 80% open spaces with landscaped gardens
- Proximity to major IT hubs and educational institutions
Prestige Raintree Park Gallery
Prestige Raintree Park Location
Prestige Raintree Park is located in Varthur Road, Whitefield.
Whitefield is a vibrant and well-established locality known for its blend of residential, commercial, and IT developments. The area boasts several healthcare facilities, including Manipal Hospital and Sri Sathya Sai Super Specialty Hospital, providing residents with access to top-notch medical care. Families benefit from reputable educational institutions such as The International School Bangalore and Greenwood High International School, ensuring a variety of options for children’s education.
For shopping and leisure, Whitefield offers a range of retail options, including popular malls like Phoenix Marketcity and Inorbit Mall, which feature diverse dining and entertainment choices. The locality is well-connected by public transport, including the metro and BMTC buses, facilitating easy commutes to various parts of Bangalore. Kempegowda International Airport is approximately a 1-hour drive away, making it convenient for frequent travelers.
Prestige Raintree Park Master Plan
Prestige Raintree Park Floor Plans
Prestige Raintree Park is comprised of 3 BHK Urbania with builtup area of 2004 to 2020 sqftand land area of with land area of sqft , 3 BHK Regalia with builtup area of 2226 to 2267 sqftand land area of sqft with land area of sqft , 3 BHK Regalia with builtup area of 2401 sqftand land area of sqftwith land area of sqft, 3 BHK Regalia with builtup area of 2482 to 2490 sqftand land area of sqftwith land area of sqft , 4 BHK Imperia with builtup area of 2533 to 2588 sqftand land area of sqftwith land area of sqft Apartments.
Prestige Raintree Park Amenities
Prestige Raintree Park Pricing
Villa TypePlot DimensionsUnit Type | Plot Area (Sq Ft)Area (Sq Ft) | Super Builtup Area (Sq Ft) | Price |
---|---|---|---|
3 BHK Urbania | 2004 to 2020 | Unlock Price | |
3 BHK Regalia | 2226 to 2267 | Unlock Price | |
3 BHK Regalia | 2401 | Unlock Price | |
3 BHK Regalia | 2482 to 2490 | Unlock Price | |
4 BHK Imperia | 2533 to 2588 | Unlock Price |
Get Detailed Cost Sheet With Payment Schedule
Prestige Raintree Park FAQs
Where is Prestige Raintree Park is located?
Prestige Raintree Park is located at XP3V+9V9, Varthur Road,Ramagondanahalli, Whitefield, Bangalore, Karnataka
What are the different types of units available in the Prestige Raintree Park
Prestige Raintree Park comprises of 3 BHK Urbania - sqft - 2004 to 2020 sqft, 3 BHK Regalia - sqft - 2226 to 2267 sqft, 3 BHK Regalia - sqft - 2401 sqft, 3 BHK Regalia - sqft - 2482 to 2490 sqft, 4 BHK Imperia - sqft - 2533 to 2588 sqft
When is the handover of Prestige Raintree Park?
Prestige Raintree Park will be handed over from Dec 2028 Onwards
What are the specifications provided in the Prestige Raintree Park?
Personalized, in-depth information can be provided. Please fill in your contact information in the inquiry form.
Are there any special offers if I want to book my dream unit at Prestige Raintree Park ?
Yes, there is a special offer for the first few customers only. Reach out to us by filling the contact form to avail the special offers.
How to book my dream Unit in Prestige Raintree Park ?
Reach us by filling the contact form to get complete assistance in booking.
What are the other similar projects to consider that are similar to Prestige Raintree Park?
Is Prestige Raintree Park RERA approved?
Prestige Raintree Park has been acknowledged by RERA and its RERA ID is PRM/KA/RERA/1251/446/PR/270824/006981
About RERA
The Real Estate (Regulation and Development) Act, 2016 (RERA) is very important in Bangalore's real estate market, which is one of India's fastest-growing tech and property hubs. With rapid urbanization and significant growth in the property sector, RERA has brought much-needed transparency, accountability, and efficiency to the industry.
Before RERA, homebuyers often faced problems like project delays, lack of information, and unfair practices by developers. RERA addresses these issues by requiring developers to register their projects with the regulatory authority, ensuring that buyers get accurate and timely updates about their properties.
One major benefit of RERA in Bangalore is the protection it offers to homebuyers. Developers must keep a separate escrow account for each project, ensuring that funds collected from buyers are used only for that project's construction. This helps prevent misuse of funds and reduces the risk of delays.
RERA also provides a strong grievance redressal system, allowing homebuyers to file complaints against developers for any violations. This ensures that disputes are resolved quickly, building greater trust between buyers and developers.
For developers, RERA sets clear guidelines and standards, promoting fair competition and professionalism. Following RERA regulations enhances a developer's credibility and reputation, attracting more buyers and investors.
Overall, RERA has been a game-changer, boosting confidence among homebuyers, encouraging ethical practices, and supporting the sustainable growth of Bangalore's real estate market.
Overall Review of Prestige Raintree Park
Project Overview
Prestige Raintree Park is an opulent residential project by the renowned Prestige Group, located on Varthur Road, near Whitefield, Bangalore. The project is meticulously designed to cater to the needs of modern urban living, blending luxury and nature seamlessly. It offers a wide range of spacious 3, 4, and 5 BHK apartments, all meticulously planned with elegant interiors and premium finishes. This development aims to redefine the concept of upscale living with cutting-edge amenities, eco-friendly designs, and proximity to essential services.
Location and Address Details
Prestige Raintree Park is strategically situated on Varthur Road, Whitefield, one of Bangalore's most sought-after residential and commercial hubs. The project's location provides excellent connectivity to major IT parks, educational institutions, healthcare facilities, and entertainment zones. Proximity to Varthur Lake enhances its appeal by offering serene water views and a tranquil environment.
- Address: Varthur Road, Whitefield, Bangalore
- Purpose: Residential
- Category: Apartments
- Project Timeline and Phases: The project was launched in 2023, with possession slated for December 2028. It will be executed in a single phase.
Market Analysis
- Target Market Demographics: Prestige Raintree Park targets professionals and families seeking a luxurious, well-connected, and serene living environment in Bangalore's IT corridor.
- Competitive Analysis: Whitefield hosts several upscale residential projects, such as Sobha Windsor and Brigade Cornerstone Utopia. However, Prestige Raintree Park stands out with its expansive land area, premium amenities, and strategic location near Varthur Lake.
- Demand and Supply Trends: With Whitefield's growing prominence as an IT hub and its connectivity via the metro and major arterial roads, demand for high-quality residential apartments is steadily rising.
- Unique Selling Propositions (USPs):
- Spectacular lake views from select units
- 80% open spaces with lush landscaping
- A 1 lakh sqft clubhouse offering world-class amenities
Land and Location Details
- Size and Zoning Classification: Spanning 21 acres, the project is classified under residential zoning.
- Accessibility: The project is well-connected via Varthur Road and Outer Ring Road. It is in proximity to the Whitefield metro station, major IT hubs like ITPL and EPIP Zone, and reputed schools like Delhi Public School and Chrysalis High.
- Environmental Considerations and Permits: The development adheres to RERA guidelines and focuses on eco-friendly designs with water conservation systems, rainwater harvesting, and ample green spaces.
Project Design and Layout
- Master Plan and Architectural Design: Prestige Raintree Park features 18 high-rise towers with a thoughtfully designed master plan that ensures privacy, natural light, and ventilation for all units.
- Number and Types of Units: The project offers 1,520 apartments, categorized into 3, 4, and 5 BHK configurations.
- Amenities and Facilities:
- A sprawling 1 lakh sqft clubhouse with a mini theatre, gymnasium, spa, and party hall
- Sports amenities, including squash courts, outdoor courts, and jogging tracks
- Landscaped gardens and pet parks
- Indoor games area, yoga/meditation zones, and swimming pools
- Energy Efficiency and Sustainability Features: The project integrates solar lighting, energy-efficient appliances, and water-saving systems, aligning with green building standards.
Financials and Investment
- Total Project Cost Estimation: Estimated at ₹2,500 crore.
- Funding Sources: The project is financed through a combination of builder equity, bank loans, and customer pre-bookings.
- Expected Revenue and Return on Investment (ROI): With its premium location and world-class features, the project is expected to deliver significant ROI for investors.
- Pricing Strategy: Pricing for units is competitive, with 3 BHK apartments starting at ₹2.75 crore and 5 BHK units reaching up to ₹5.55 crore.
Legal and Compliance
- Land Acquisition and Ownership Documents: All necessary land documents have been acquired, ensuring clear titles.
- Compliance with Local Laws and Regulations: The project complies with RERA, environmental guidelines, and local zoning laws.
- Licenses and Permits Required: The necessary approvals from local authorities, including BDA and environmental clearances, are in place.
- Risk Management Plan: Measures include project insurance, contingency funds, and adherence to quality control standards.
Construction and Project Execution
- Timeline for Construction Phases:
- 2023: Pre-construction activities, including land development and approvals
- 2024-2027: Construction of towers, clubhouse, and landscaping
- 2028: Final touches, quality checks, and possession
- Contractors and Vendor Selection: Prestige Group employs experienced contractors and suppliers to ensure high-quality execution.
- Quality Assurance and Safety Measures: The project follows rigorous quality standards and safety protocols.
Timeline and Milestones
- Pre-construction Phase: Completed in 2023
- Construction Phase: Ongoing, expected completion by mid-2028
- Handover Phase: December 2028
Sustainability and Community Impact
- Green Building Certifications and Practices: The project integrates sustainable features such as solar power, water recycling systems, and ample greenery, aiming for IGBC Gold Certification.
- Contribution to Local Community Development: Prestige Raintree Park enhances local infrastructure and provides employment opportunities during construction.
- Long-term Maintenance and Management Plans: The development will have a dedicated property management team ensuring seamless maintenance.
Appendices
- Maps and Blueprints: Detailed floor plans and layouts are available upon request.
- Team Profiles: The project involves leading architects, structural engineers, and landscape designers, ensuring a world-class development.
Conclusion
Prestige Raintree Park is a landmark project in Bangalore's Whitefield area, offering a harmonious blend of luxury, comfort, and convenience. Its exceptional design, premium amenities, and strategic location make it a promising choice for homebuyers and investors alike.
For more details about Prestige Raintree Park including Site Visit | Best Price | Offers | Brochure | Unit Availability
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About Prestige Constructions
The journey of the Prestige Group traces back to 1956 when Mr. Razack Sattar had a vision for a successful venture in the retail business. In 1986, Prestige Estates and Properties was founded, and it swiftly rose to become the leading property developer in Bangalore.
One of their notable developments, Prestige Court on K.H. Road in Bangalore, set the pace. With over 190 projects spanning 38.5 million square feet of developable space, Prestige constructions now provide homes for a significant population in South India.
Prestige is also the choice of many major multinational companies, with plans for residential, commercial, retail, and hospitality developments covering an impressive 61.4 million square feet.
In addition to their real estate endeavors, Prestige has made a name for itself in the retail sector, offering multiplexes and malls. Explore other projects by the Prestige Group, such as Prestige Fountain Bleau, Prestige Dolce Vita, and Prestige Falcon City.
Renowned completed projects by Prestige Group:
- Prestige Kensington Jalahalli
- Prestige Wellington
- Prestige Rainforest
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