Prestige Southern Star FAQs
Prestige Southern Star FAQs provide answers to common questions about the project. They cover topics like the project's location, amenities, floor plans, and pricing. You can find details about the types of apartments available, the payment plans, and the expected possession dates. The FAQs also help you understand the facilities offered, such as security, parking, and recreational spaces.
Prestige Group is developing Prestige Southern Star in the prime surroundings of Begur Road. The area is an upcoming IT sector in South Bangalore. The project offers luxurious 2, 3, and 4 BHK apartments at a reasonable price.
If you're considering buying a property in Prestige Southern Star, the FAQ section can clarify all your doubts and make the process easier.
FREQUENTLY ASKED QUESTIONS
1. What is Prestige Southern Star, and where is it located?
Prestige Southern Star is a premium apartment project by Prestige Group. It is located in in DLF Newtown, Akshayanagar, Bangalore 560076. The project is spread over 42 acres of land and offers more than 4000 apartments in 2, 3, and 4 BHK layouts.
2. How well connected is the project to other areas of the city?
Large roads provide easy access to Prestige Southern Star from any part of the city, and the Metro Station and NICE Outer Ring Road are conveniently located nearby.
3. What types of apartments are offered in Prestige Southern Star?
Prestige Southern Star offers 2, 3, and 4 BHK apartments with floor area ranges from 975 sq. ft to 2450 sq. ft. The project offers more than 4000 apartments spread over 42 acres of land.
4. What is Prestige Southern Star’s total land area?
Prestige Southern Star spans 42 acres and offers a premium apartment complex and modern amenities.
5. Can we know more about the amenities Prestige Southern Star offers?
Prestige Southern Star is a residential complex that offers more than 30 top- notch lifestyle amenities. These include a clubhouse, fitness centre, sports courts, amphitheatre, gardens, parks, and many more. These facilities provide a perfect setting for an enjoyable and revitalizing experience.
6. Who are the builders of Prestige Southern Star?
Prestige Group, a top developer nationwide, has created Prestige Southern Star.
7. What is the base price of Prestige Southern Star apartments?
The starting price of apartments in Prestige Southern Star is Rs. 1.3 crores for a luxurious 2 BHK unit. The price of the flats varies based on unit type and configuration.
8. What are the key advantages or unique selling points (USPs) of Prestige Southern Star?
Prestige Southern Star is an ultra-luxury apartment project in Begur Road, which is a prime residential area. The project is close to Begur Lake and offers Vaastu-based apartments in 2, 3, and 4 BHK dimensions.
The distance from key locations is
- Singsandra metro station – 10 min drive
- Kudlu metro station – 13 min drive
- Airport – 1 hour 45 min drive
- Outer Ring Road: 20 min drive
- Bannerghatta Road: 10 min drive
- Nyanappanahalli bus stop - immediate
The project location is close to all the basic amenities like schools, hospital, employment centres, and shopping malls. It makes the project a convenient choice for families and professionals.
Nearby tech parks
- Subramanya Arcade: 10 min drive.
- EGL: 20 min drive.
- Jigani Tech Park: 20 min drive.
Nearby schools
- Royale Concorde International School
- Presidency English School
- St. Theresa's School
- St. Ignatius Public School
Nearby hospitals
- Sree Lakshmi Multi Specialty Hospital
- Jayashree Multi Specialty Hospital
- Kavya Hospital
- Fortis Hospital
Nearby shopping centres
- Vega City Mall
- Royal Meenakshi Mall
- Gopalan Mall
9. Is this project a phased development, and what is the timeline for its completion?
Prestige Southern Star is a single-phase project, and it is scheduled for completion by Dec 2028.
10. How can project installments be paid? Is there a specific schedule for the payments?
Installments have to be paid by cheques that are post-dated, which is the first condition of allotment. The payment is time-bound, as it is given in the schedule. If there is any loan procedure, these PDCs are kept as collateral, and they are given back to buyers at the possession time.
11. What happens if I decide to cancel my booking for a unit in the project?
If you wish to cancel any house here after booking, 2% of the sale value is forfeited before the Agreement. 10% of the sale value is forfeited after the Agreement as a cancellation amount. The balance amount is given back to buyers without any interest.
Cancellation will include GST charges as applicable. 5% GST, which is paid in small installments, will not be refunded.
12. Are there any additional costs that must be paid for this project?
The price of the apartments includes the base price only. Other charges which needs to be paid are Registration Charges, GST, Advance Maintenance, Generator charges, HMWSSB/TRANSC charges, Sinking fund, Stamp Duty Charges, and Statutory charges, as applicable.
13. What is my role in making sure the bank disburses the installments?
The buyer must ensure that banks make timely payments. To enable easy payments, buyers should approve a payment schedule and mandate their bank to pay all the payments as per the schedule. This is done through the 'Mandatory Disbursement Form'.
14. What is the maintenance scheme for this project?
The maintenance system is about Rs. 60/—per sq ft., which is collected as an advance fee for the first year. It is collected at the time of closing accounts. From next year, the charges will be levied quarterly, and they are also payable as an advance amount.
A sum of Rs. 200/—per sq. ft. is used as a Sinking Fund for the super built-up area of houses, and it is deposited in a separate Escrow Account. The remaining amount is used for other major expenses.
15. What is the booking price of Prestige Southern Star?
The booking price of an apartment in Prestige Southern Star is 10% of the total amount along with GST. After the submission of all the KYC documents, the allocation of flats is confirmed.
