- Prestige Falcon City – a state-of-the-art integrated township
- Prestige Technostar – a world-class commercial development
- Prestige Gulmohar – a beautiful high-rise residential development
Keeping pace with the ever-growing demand for world-class residential, commercial and mixed-use spaces in Bengaluru, the Prestige Group inaugurated three landmark properties in the city today. Prestige Gulmohar, Prestige Technostar and Prestige Falcon City are all set to transform the skyline of India’s technology capital.
Mr. Irfan Razack – CMD, Prestige Group said, “These are good times for the Indian real estate industry. Last year recorded a whopping 75 per cent increase in the housing launches across top Indian cities, while more than five million sq. ft. of retail space became operational in key markets. The real estate sector in India, as per industry reports, is expected to reach a market size of US$ 1 trillion by 2030. With the Securities and Exchange Board of India (SEBI) giving its approval for the Real Estate Investment Trust (REIT) platform, the investment opportunities for this preferred asset class are bigger than ever.”
“We, at Prestige Group, take pride in the fact that all our projects were ready as per schedule and delivered on time. Buoyed by the increasing transparency, trust and returns, customers today are looking to invest in properties offering top-notch amenities as well as generous lung space to cater to the myriad aspirations of the human mind, body and soul.”
“With Prestige Falcon City, we are gearing up to present the largest Forum mall in Bengaluru. The domestic retail real estate sector is expanding, driven by consumerism across the urban spectrum. The Prestige Group is one the largest mall owners in the country today. Currently, the company has 9 operational malls across Bengaluru, Chennai, Hyderabad, Mangaluru, Mysuru and Udaipur, with over 5 mn sq. ft. of gross leasable area and close to 2000 stores. 5 more Forum malls are currently under construction across Bangalore, Chennai, Kochi and Kakkanad, covering approximately 8.1 mn sq. ft. of retail space. By 2023, we aim to have more than 25 malls covering over 14 mn sq. ft. and around 5000 stores.”
“We have received extremely positive responses for all three properties and hope that people will appreciate living / working / spending their leisure hours in them,” he signs off.
About the developments
Prestige Falcon City
Situated on Kanakapura Road and considered among the best developments in South Bengaluru currently, this superlative property of high-rise towers comprises of a conglomeration of 2,520 world-class 2, 2.5, 3 & 4 BHK apartments ranging from 1204 – 2726 sq. ft. Added to that is a massive retail area and the largest Forum Mall in Bengaluru, all conceptualised by the Prestige Group. Home to a sprawling Clubhouse, an entertainment zone and a huge cultural & convention centre; every feature is benchmarked with the global best, to offer a life of quality, comfort and leisure.
Prestige Technostar
Prestige Technostar is an advanced office space accessibly located on the Brookefield Main Road, incorporating a huge, brilliantly landscaped central open space of 1.8 acres, with water features and common areas. It offers world-class office space of 10,54,655 sq. ft., It is planned as three buildings with separate service cores to offer the flexibility of functioning as a single / multi-tenanted space. Besides offering the benefit of shared amenities, including two levels of Food & Beverage facilities, a gymnasium and a crèche, it also provides parking for a total of 1,897 cars in the basements, at the stilt level, in an MLCP facility and on the surface. The development features extensive tree plantations along the periphery to filter the ambient traffic noise as well as add richness to the pedestrian experience. In short, everything required for offices that are designed to inspire excellence is incorporated to make working from here a truly enriching experience.
Prestige Gulmohar
Situated on Horamavu Main Road, Prestige Gulmohar has 404 elegant 2, 2.5 and 3BHK apartments set in five high-rise towers, spread over 3.27 acres. The apartments range from 1169 – 1763 sq. ft. Spacious, airy, open and meticulously planned, the property brings you the comfort, convenience and luxury of contemporary leisure and recreational amenities. It also includes a Clubhouse, Health Club, Multipurpose Hall, Gymnasium, Swimming Pool, Badminton Court, Billiards and Indoor Games.
Website- www.prestigeconstructions.com
Twitter - @prestigegroup
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