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Prestige Lake Ridge Phase 1
Uttarahalli Hobli, Bangalore, Karnataka
PRESTIGE ESTATES PROJECTS LIMITED
Description & FAQs
Project Overview
Prestige Lake Ridge Phase 1 is a premier residential project located in the serene Uttarahalli area of Bangalore South. This project features a total of 585 meticulously designed apartments, offering a blend of modern living and natural beauty. The project spans over 12.03 acres and includes five towers, providing residents with a choice of 2 BHK and 3 BHK configurations.
The development is strategically located to offer easy access to major highways, educational institutions, healthcare facilities, and shopping centers, making it an ideal choice for families.
Prestige Lake Ridge is not just about comfortable living; it also emphasizes sustainability and modern infrastructure. The project includes advanced features such as a centralized sewage treatment plant, solid waste management systems, and provisions for rainwater harvesting.
Residents can enjoy a host of amenities including landscaped gardens, children's play areas, and dedicated parking spaces. The project is designed to provide a safe and secure living environment with comprehensive fire safety measures in place.
With its prime location, modern amenities, and commitment to quality, Prestige Lake Ridge Phase 1 is a perfect investment for those seeking a luxurious lifestyle in Bangalore.
What is Prestige Lake Ridge Phase 1?
Prestige Lake Ridge Phase 1 is a residential project located in Uttarahalli, Bangalore South, offering 2 BHK and 3 BHK apartments.
What is the total number of units in the project?
The project comprises a total of 585 units.
What are the nearby facilities?
The project is strategically located near major highways, educational institutions, healthcare facilities, and shopping centers.
What amenities are available in Prestige Lake Ridge?
The project includes landscaped gardens, children's play areas, and dedicated parking spaces.
Is Prestige Lake Ridge a good investment?
Yes, with its prime location and modern amenities, Prestige Lake Ridge is a promising investment opportunity.
Project Details
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 2 BHK, 3 BHK
- Status: Ready To Move
Project Scale
- Possession: Quarter 4 2020
- Span: 12.03 Acres
- Towers: 5
- Units: 585
- Floors:
- Density:
Location & Builder
- Project: Prestige Lake Ridge Phase 1
- Address: Uttarahalli Hobli, Bangalore South, Bengaluru, Karnataka
- Sector: Others
- Locality: Uttarahalli Hobli
- City: Bangalore, Karnataka
- Builder: PRESTIGE ESTATES PROJECTS LIMITED
RERA Authority
Karnataka Real Estate Regulatory Authority
RERA Reg. No
PRM/KA/RERA/1251/310/PR/170916/000334
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About PRESTIGE ESTATES PROJECTS LIMITED
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 …
Read more here »Buyer's Due-Diligence Guide
Serious about Prestige Lake Ridge Phase 1? Check the Facts First.
Glossy brochures and portal listings show only the shiny surface. My deep-dive report gathers the hard-to-find data scattered across dozens of websites and filings, so you can decide with confidence.
Before you commit your savings, see the full picture.
What My Reports Uncover:
- Builder Strength: past delivery record, financial health, open court cases.
- Legal & Title: RERA filings, land title chain, critical NOCs and clearances.
- Construction Reality: on-site progress versus promised timeline, independent quality checks.
- Total Cost Clarity: launch-to-date price trend, hidden charges, payment-plan cash flow.
- Location & Liveability: travel times, upcoming infrastructure, environmental risks.
- Exit & Rental Liquidity: resale registrations, rental yields, bank project approvals.
- Buyer Sentiment: real customer complaints, maintenance issues, defect logs.
- Red Flags: a concise list of any critical concerns I uncover.
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Click here to download a sample analysis for a different project (Manor One, Gurugram) (This demonstrates the type of analysis I provide.)
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