Frequently Asked Questions
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Prestige Green Gables
Varthur Hobli, Bangalore, Karnataka
PRESTIGE ESTATES PROJECTS LIMITED
Prestige Green Gables is a premier residential project located in the serene locality of Panathur, Bengaluru. This project is designed to offer a harmonious blend of modern living and natural beauty, making it an ideal choice for families and individuals seeking a peaceful yet connected lifestyle.
The project features four towers, each standing at a height of 40 meters, providing ample space for residential units. The total number of units is 406, catering to diverse needs with variations in size and layout. The units include spacious 1 BHK, 2 BHK, and 3 BHK apartments, ensuring a wide range of options for potential buyers.
Prestige Green Gables is not just about luxurious living; it also emphasizes sustainability and modern infrastructure. The project is equipped with advanced systems for water conservation, including rainwater harvesting recharge pits, ensuring a responsible approach to resource management. The development also incorporates energy-efficient solutions, such as LED lighting and timer control panels, to minimize energy consumption.
Residents will enjoy a host of amenities, including a clubhouse, community hall, outdoor sports facilities, and a swimming pool, promoting a active and healthy lifestyle. The project is strategically located with easy access to major roads, educational institutions, healthcare facilities, and shopping centers, making it a convenient choice for urban living.
Investing in Prestige Green Gables not only promises a luxurious lifestyle but also offers significant potential for appreciation in property value, given the developer's reputation and the project's prime location.
What is Prestige Green Gables?
Prestige Green Gables is a residential project located in Panathur, Bengaluru, offering a range of apartments including 1 BHK, 2 BHK, and 3 BHK units.
What is the size range of the units?
The project features units with sizes ranging from 2000 to 10462 sqft.
How many towers are there in the project?
There are 4 towers in Prestige Green Gables.
What infrastructure is included in the project?
The project includes modern infrastructure with features such as rainwater harvesting, energy-efficient lighting, and comprehensive fire safety systems.
What amenities are available at Prestige Green Gables?
Amenities include a clubhouse, community hall, outdoor sports facilities, and a swimming pool.
What are the key location benefits of Prestige Green Gables?
The project is strategically located with easy access to major roads, educational institutions, healthcare facilities, and shopping centers.
Is Prestige Green Gables a good investment?
Yes, investing in Prestige Green Gables offers significant potential for appreciation in property value due to the developer's reputation and prime location.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK, 2 BHK, 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2025
- Project Span: 4.23 Acres
- No of Towers: 4
- Total No of Units: 406
- Total Floors: 12
- Project Density:
Location & Builder
- Project Name: Prestige Green Gables
- Address: Varthur Hobli, Panathur Main Road, Bengaluru, Karnataka
- Sector: Panathur Main Road
- Locality: Varthur Hobli
- City: Bangalore, Karnataka
- Builder: PRESTIGE ESTATES PROJECTS LIMITED
RERA Authority
Karnataka Real Estate Regulatory Authority
RERA Registration Number
PRM/KA/RERA/1251/446/PR/101221/005522
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PRESTIGE ESTATES PROJECTS LIMITED
- No of Complaints: Not Available
- States (Active in): Karnataka
Introduction
PRESTIGE ESTATES PROJECTS LIMITED has established itself in Karnataka's real estate market. However, their track record regarding legal disputes raises questions that potential buyers should consider. In this article, we will analyze the builder's performance based on the number and outcomes of legal complaints and offer valuable advice for prospective investors.
Legal Overview
Complaint Statistics- Number of Complaints: 6
- Cases Won: 1
- Cases Lost: 5
The builder has experienced numerous legal challenges, with a significantly higher number of losses compared to wins. This disparity may reveal underlying issues in customer satisfaction and adherence to promised project timelines.
Case Analysis
Patterns in Lost Cases
In the one case that PRESTIGE ESTATES PROJECTS LIMITED lost, the complainant sought delay compensation for an 18-month delay in possession. Here, the developer argued that they had provided possession within the stipulated timeframe and relied on positive feedback from the complainant. Despite these arguments, the authority dismissed the complaint and directed the developer to execute a sale deed within 30 days.
Common Factors in Lost Cases:- Delays in Possession: The case reflects a recurring issue of delays in project completion.
- Customer Discontent: The need for compensation suggests customer dissatisfaction with the builder's performance.
Patterns in Won Cases
Conversely, the five cases the builder won show some consistent themes as well:
- Timeliness of Project Completion: In multiple instances, the builder asserted that they completed the project on or before the agreed date.
- Customer Payment Issues: Complaints regarding delayed possession frequently connected to the plaintiffs' payment lapses, implying that the builder often maintained the upper hand when it came to payment and contractual obligations.
- Compensation Agreements: One case was settled out of court with an agreement on compensation, highlighting possible negotiation strengths.
- Defensive Claims of Timeliness: The builder successfully demonstrated project completion within deadlines in a series of complaints.
- Responsibility on Buyers: Several victories hinged on the buyers' delays in payments, shifting some … Read more
