Prestige Lake Ridge Phase 2

Uttarahalli, Bangalore, Karnataka

PRESTIGE ESTATES PROJECTS LIMITED

Description & FAQs

Project Overview

Prestige Lake Ridge Phase 2 is a premier residential project located in the serene Uttarahalli area of Bengaluru South. This project features a total of 534 meticulously designed apartments, offering a blend of modern living and natural beauty. The development spans over 12.01 acres, providing ample space for residents to enjoy a peaceful lifestyle. The project includes a variety of flat types, including 2 BHK and 3 BHK units, catering to diverse family needs.

The project is equipped with contemporary amenities and infrastructure, ensuring a comfortable living experience. Residents can enjoy landscaped gardens, recreational areas, and modern facilities designed for a luxurious lifestyle. The location offers excellent connectivity to major highways, educational institutions, healthcare facilities, and shopping centers, making it an ideal choice for families.

Prestige Lake Ridge Phase 2 is not just about luxury living; it also emphasizes sustainability and community. The project incorporates features that promote energy efficiency and water conservation, aligning with modern living standards. With a focus on quality construction and attention to detail, this project promises to be a valuable investment for those seeking a home in Bengaluru's vibrant southern suburbs.

Frequently Asked Questions

Explore common inquiries about this project.

What is Prestige Lake Ridge Phase 2?

Prestige Lake Ridge Phase 2 is a residential project located in Uttarahalli, Bengaluru South, offering 2 BHK and 3 BHK apartments.

What is the total number of units in the project?

The project comprises a total of 534 units.

What are the nearby amenities?

The project is well-connected to major highways, educational institutions, healthcare facilities, and shopping centers.

Is the location peaceful?

Yes, the project is located in a serene area of Bengaluru South.

What kind of infrastructure is included in the project?

The project includes modern amenities such as landscaped gardens, recreational areas, and energy-efficient features.

Is this a good investment opportunity?

Yes, Prestige Lake Ridge Phase 2 offers a blend of luxury living and sustainable features, making it a valuable investment for homebuyers.

Project Details

Basic Information

  • Price Range:
  • Property Type: Apartment
  • Flat Type: 2 BHK, 3 BHK
  • Status: Ready To Move

Project Scale

  • Possession: Quarter 4 2022
  • Span: 12.01 Acres
  • Towers: 2
  • Units: 534
  • Floors:
  • Density:

Location & Builder

  • Project: Prestige Lake Ridge Phase 2
  • Address: Bengaluru South, Uttarahalli, Bengaluru, Karnataka
  • Sector: Bengaluru South
  • Locality: Uttarahalli
  • City: Bangalore, Karnataka
  • Builder: PRESTIGE ESTATES PROJECTS LIMITED
RERA Authority

Karnataka Real Estate Regulatory Authority

RERA Reg. No

PRM/KA/RERA/1251/310/PR/170916/000336

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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 2? 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.

See the Insight You Get (Sample Report)

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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