PRESTIGE PARK VIEW

Clubhouse & Indoor Lifestyle Amenities

The clubhouse at Prestige Park View functions as the social nucleus of the community.

Key Indoor Amenities:

• Fully equipped gymnasium with cardio and strength equipment

• Multipurpose hall for community gatherings, celebrations, and meetings

• Indoor games room (table tennis, carrom, chess)

• Reading/activity spaces

Investment Insight:
Projects with functional clubhouses experience higher tenant retention, which directly reduces vacancy periods for investors.

 Sports & Fitness Infrastructure
Prestige Park View offers balanced sports amenities, suitable for both adults and children.

Outdoor Sports Amenities:

• Swimming pool (separate kids’ pool)

• Jogging & walking track

• Open play courts

• Fitness corners

Unlike cramped layouts, these facilities are well spaced, improving usability and safety.
hildren & Senior Citizen Facilities

Children-Friendly Design:

• Dedicated children’s play area

• Safe, non-slip surfaces

• Visibility from nearby homes

Senior Citizen Comfort:

• Seating areas in landscaped zones

• Flat walking pathways

• Quiet green pockets

This multi-generational design ensures wider buyer appeal.
Green Spaces & Landscaping

Prestige Park View integrates green planning rather than token landscaping.

Green Features Include:

• Central landscaped courtyards

• Peripheral green buffers

• Tree-lined internal pathways

• Natural shading to reduce heat absorption
  Why This Matters:
  Green-focused projects age better, have lower temperature retention, and command better resale value.
  Safety, Security & Access Control

• Security is a major strength of Prestige developments.

• Security Infrastructure:

• 24/7 manned security

• CCTV surveillance in common areas

• Controlled entry & exit points

• Intercom facility

• These systems reduce risk perception for tenants and buyers, improving demand.
  Utilities, Infrastructure & Sustainability

• Water Management:

• Borewell + municipal water supply

• Rainwater harvesting

• Sewage treatment plant (STP)

• Power & Utilities:

• Power backup for common areas

• Lift backup

• Efficient electrical load planning

• Waste Management:

• Segregated waste collection

• Composting support

• These features help keep maintenance costs stable over time.
  Maintenance & Operational Efficiency

• Prestige Park View benefits from:

• Established maintenance protocols

• Predictable monthly maintenance charges

• Professional facility management

• Lower maintenance volatility = better long-term ownership economics.
  Original Launch Pricing (Historical Context)

• At the time of launch, Prestige Park View units were priced competitively to attract end-users.

• Indicative Launch Pricing (Approx.):

• ₹4,500 – ₹5,200 per sq.ft

• This pricing strategy ensured strong absorption and early community formation.
  
  Current Market Pricing (Resale Market)

• As of current secondary market trends:

• Typical Resale Pricing:

• 2 BHK: ₹1.20 Cr – ₹1.45 Cr

• 3 BHK: ₹1.55 Cr – ₹1.85 Cr

• Price per sq.ft (current):

• ₹9,500 – ₹11,500 per sq.ft (depending on floor, facing, interiors)

• This reflects steady, organic appreciation rather than speculative spikes.
  
  Rental Market Performance

• Prestige Park View is a strong rental asset due to its proximity to IT hubs.

• Current Rental Ranges:

• 2 BHK: ₹32,000 – ₹45,000 / month

• 3 BHK: ₹45,000 – ₹65,000 / month

• Tenant Profile:

• IT professionals

• Mid & senior corporate executives

• Families seeking gated communities

• Rental Yield (Approx.):

• 3.0% – 4.2% (healthy for Bengaluru residential market)
   

• Appreciation Analysis

• Drivers of Appreciation:

• Whitefield’s sustained IT employment growth

• Metro connectivity

• Limited availability of ready-to-move premium homes

• Prestige brand trust

• Observed Appreciation:

• Approx. 8% – 10% CAGR over long term

• This is considered low-risk, steady growth, ideal for conservative investors.
  
  Cost of Ownership (5-Year View)

• When factoring:

• Purchase price

• Registration & taxes

• Maintenance

• Rental income

• Prestige Park View shows balanced net ownership cost, making it suitable for:

• Long-term holding

• Self-use with appreciation upside

• Rental-focused investment
  
  Comparison with Nearby Projects (Pricing Perspective)

• Pricing Stability & Liquidity

• Because it is:

• Ready-to-move

• In a mature micro-market

• Backed by Prestige

• The project enjoys high liquidity, meaning:

• Faster resale cycles

• Better negotiation power

• Lower distress-sale risk
  
  Top Investment Reasons:

• Proven brand & delivery

• Ready possession

• Strong rental demand

• Stable appreciation

• Low maintenance volatility

• It may not offer speculative 2x returns, but it offers capital protection + predictable growth, which is the hallmark of a safe real estate investment.

• Project	Avg Price / Sq.ft	Risk Level
  Prestige Park View	₹9,500 – ₹11,500	Low
  New Launch Whitefield Projects	₹12,000 – ₹15,000	Medium
  Unbranded Resale Projects	₹7,500 – ₹9,000	Highe