Prestige Southern Star Price
| Unit Type | Size | Price |
|---|---|---|
| 2 BHK | 975 sq. ft to 1250 sq. ft | Rs. 1.3 Cr* to Rs. 1.66 Cr* |
| 3B+2T | 1350 sq. ft to 1450 sq. ft | Rs. 1.8 Cr* to Rs. 1.93 Cr* |
| 3B+3T | 1600 sq. ft to 1800 sq. ft | Rs. 2.13 Cr* to Rs. 2.39 Cr* |
| 3B+3T+ Maid’s room | 1900 sq. ft to 2100 sq. ft | Rs. 2.53 Cr* to Rs. 2.79 Cr* |
| 4B + Maid’s room | 2350 sq. ft to 2450 sq. ft | Rs. 3.1 Cr* to Rs. 3.26 Cr* |
Prestige Southern Star is available at a competitive pre-launch price. Apartments start from Rs. 1.3 crores. The price excludes SDR, GST, and maintenance fees. The price list is updated regularly to reflect the latest information.
The average cost for a mid-range apartment is Rs. 13,333 per square foot. The developer has priced the most expensive property at Rs. 13,872 per square foot.
The project offers a payment plan that is flexible and meet different customer needs. The price list, cost sheet, and payment plan will be available after the pre-launch. Prestige Group is dedicated to helping client’s own property in this mixed-use project.
The project will launch in December 2024, with possession expected by December 2028. This gives buyers enough time to plan their investments and get ready for life in a modern community.
The project offers several payment options. These include down payments, customized plans, construction-linked plans, and "pay a portion and nothing until possession." Buyers can discuss these options with the builder and bank before making a purchase.
Begur Road is one of the best areas in Bangalore, and it is perfect for buying a high-quality home. Investors and end users may rely on this perfect location. Here, the cost of real estate is really competitive.
Prestige Group is renowned for offering reasonably priced, high-quality homes. One of the finest apartment projects in South Bangalore, Prestige Akshayanagar Apartments, features units with premium amenities. The prices of the apartments in this project are evaluated based on the following factors.
- Price of apartments in Prestige Southern Star
- Price of apartments on Begur Road
- Price of apartments in Bangalore
- Payment Plan of the project – The upright decision by Prestige Group
- Bangalore real estate price trends
- Current Price on Begur Road and price trends
- Cost Sheet
Price of apartments in Prestige Southern Star
The apartments are offered in varied price ranges to meet the interests of various individuals. Prestige Group tries to provide units that can be affordable to all segments. Buyers can select the units they want by checking the price list. It details the price of each unit along with the floor area.
The booking price is 10% of the total property value, including GST. The remaining amount can be paid over four years through simple installments. These residences are an excellent investment choice for both investors and end users. This is a great opportunity for anyone looking to own their dream home in one of Bengaluru's most sought-after locations. The pre-launch price of the apartments is significantly lower than the actual price, making it a smart decision to invest during the pre-launch phase.
Price of apartments on Begur Road
Begur Road in South Bangalore is a newly developed residential area. It has transformed significantly due to its proximity to Electronic City, which is just 5.4 km away. The area has good connectivity, making it easy to reach major parts of the city. The upcoming Yellow Line metro will likely boost property values further.
Located on Begur Road, the project offers excellent connectivity. It is close to major IT hubs, schools, healthcare centers, and retail outlets. The location provides easy access to Electronic City, Bannerghatta Road, and Outer Ring Road. This makes it ideal for both professionals and families. The project is surrounded by greenery, creating a peaceful living environment in the city.
Property Rates in Begur Road typically cost Rs. 7,500 per square foot. A well-built one-bedroom apartment with modern amenities can cost up to Rs. 80 lakhs. The demand and value of properties in this area are growing daily. It's a good idea to invest early.
Price of apartments in Bangalore
Bangalore's immense potential makes it the most sought-after destination for people of all ages. The city offers a pleasant and serene climate throughout the year. The metropolis offers a wide range of housing alternatives, from opulent homes to studio apartments.
Over time, Bangalore's land and residential space demand has increased rapidly, providing homeowners with large profits. Real estate prices in Bangalore have increased significantly. The city is growing quickly along with the IT industry, and any real estate investment will yield positive results.
Factors determining the price of apartments in Bangalore
- Amenities
- Floor area
- Location
- Builder
- Facilities
Bangalore's apartment prices are rising quickly due to the city's growing population. The size of the apartments and the amenities they provide affect the price. In the affordable class, prices for a decent 1 BHK start at 70 Lakhs and go up to 1.5 Cr for a 3 BHK. If the apartment project has opulent, first-rate amenities made of premium materials, it will increase.
Payment Plan – The upright decision
Prestige Southern Star Payment Plan offers a detailed description of the expenses and price of each units. It includes the type, floor area, GST, booking amount, agreement amount, and the instalments to be paid. Additional costs and other charges are also included for better understanding.
Several payment plans exist, such as construction and down payments, time-linked plans, etc. The payment schedule is available after the launch of the project. Currently, it is in the pre-launch stage.
RERA has a general payment plan for real estate projects which are metioned below:
- At the time of booking, buyer must pay 10% of the property's cost.
- The buyer have to pay an additional 10% of the price at the time when construction starts.
- During the completion up to the plinth level, 15% of the price will be paid.
- The buyer have to pay 2% to 5% during the completion of every step of construction.
- Another 5% is paid after plastering, painting, and plumbing.
- The final 5% is paid during the possession of the homes.
Customers can easily make payments with the risk-free instalment plan offered by the Prestige Group Payment Plan. 10% of the total price is due at booking time by the buyer, and the remaining fee can be divided into quarters. Buyers are free to select any payment plan that best suits their budget.
Bangalore Real Estate Trend
Bangalore continues to be a hub for real estate investments, with demand driven by its IT sector and expanding infrastructure. Prestige Southern Star is competitively priced to align with these market trends, ensuring value appreciation and high returns for investors over time.
The price of localities has increased several fold. Investing in Bangalore is a lifetime investment with high returns in the future. Some of the premium neighborhoods in Bangalore with price increases is mentioned here:
- Haya Nagar – prices increased by 15.41%
- Mahadevapura – prices increased by 11.29%
- Hebbal – prices increased by 9.52%
- Bellandur – prices increased by 8.80%
- HSR Layout – prices increased by 7.69%
- Varthur – prices increased by 7.48%
Price of properties in Begur Road - A premium locality in South Bangalore
The real estate prices of Begur Road is rapidly increasing. The locality has experienced great expansion and growth in recent years. Investing in Begur Road is a perfect choice for those wishing for maximum profits. The area is close to major employment hubs like Electronic City, Koramangala, and Outer Ring Road. The locality offers a lot of housing choices.
As more people are relocating to Begur, the value of homes in the area are increasing. On average, the cost of a house in this locality is more than Rs. 7000 per square foot. The most expensive properties are priced over Rs. 11,000 per square foot. Additionally, the properties in this area are experiencing an annual appreciation of around 9.04%.
Cost Sheet
Prestige Southern Star Cost Sheet is a simple document that explains all the costs. It gives a clear picture to the buyers about the pricing for each apartment. The project offers many options to choose from. The cost sheet lists base price, GST, registration fees, taxes, maintenance charges and additional charges. This document makes it easier for buyers to make decisions. It has two main parts: the apartment cost breakdown and the payment schedule.
The below elements make up the total cost of the apartment:
- Agreement value
- Other charges
- Stamp duty and registration
- Taxes
- Base price
- Sale value
- Total rate
- Applicable GST for the specific apartments
Frequently Asked Questions
1. What are the various payment plans available in Prestige Southern Star?
The builder offers various payment plans to the buyers, which will be disclosed soon as the project is still in the early stages. Once the payment plan is released, buyers can select the most convenient one according to their budget and instalment pattern.
2. Will there be any additional payments associated with buying an apartment?
The price includes all taxes and fees, including GST. However, additional charges such as parking, upkeep, and maintenance expenses are not included in the overall price.
3. Will loans be available for buying units in this project?
Loans are available from all leading banks, including ICICI, IDBI, Axis Bank, SBI, and HDFC.
4. Does Prestige Group provide any extra offers to the customers?
Prestige Group consistently offers exciting deals to their customers, and this time is no different. To learn about the latest offers, customers must wait until the cost sheet and payment plan are finalized. The builder always strives to provide homes at a fair price, considering the local market value and current price range.
