Prestige Park Grove, located in the upcoming locality of Whitefield, is the latest luxury residential development launched by Prestige Group. The development is located in East Bangalore, which figures high on the list of real estate destinations in the city. Over the past few years, this neighborhood changed character from a laidback suburb to a rapidly- developing vibrant, high-tech locality.
Whitefield has rapidly transformed from a quiet settlement on the outskirts to a go-to location in Bangalore today. This drastic change in the locality began with the establishment of the International Tech Park, Bangalore, here. This was followed by the movement of several major corporates such as TCS, Wipro, SAP, and Mindtree into the area.
Today, the neighborhood is one of the most prominent employment hubs and is constantly seeing an influx of new residents. These new residents moving in has led to an upswing in demand for residential real estate. Today’s homebuyer is spoilt for choice when it comes to sophisticated residential real estate developments in the area.
Prestige Park Grove is an elite developmental project that is located in this prime and upcoming area of Bangalore. This splendidly planned and developed residential enclave is well suited to the tastes of the modern urban resident. Prestige Park Grove is a holistic residential project that has been carefully conceived to enhance the lives of the residents.
This luxurious apartment enclave will include spacious and well-designed one, two, and three-bedroom apartment units. These units will feature large, strategically placed windows and balconies that will provide bright units that will be well ventilated. The high-rise towers housing these apartments will be located in beautifully manicured surroundings that be a joy to behold.
The property prices in Whitefield are increasing steadily as more and more investors are beginning to view the area favorably. The average price from January to March 2022 is Rs. 6000-plus per square foot. The maximum price is Rs. 8000-plus per square foot, and the minimum price is Rs. 4000-plus per square foot.
The Prestige Group has not revealed the property prices in the project; however, these are expected to be divulged soon. The rates of apartment units at the enclave will definitely be competitive, keeping in mind the trends in the locality. Homebuyers can avail of several early-bird discounts that the developers will offer in the prelaunch stage.