Prestige Raintree Park Phase 1

Prestige Raintree Park Phase 1 in Whitefield, East Bangalore, is a new launch township project by Prestige Group spread across 21 acres, offering 1520 units, including 3.5, 4, and 5 BHK exquisite abodes set in 18 towers. Each tower in phase 1 of Raintree Park includes 2 Basement + Ground + 19 floors. The project is located in the prime and has excellent lake views of Varthur Lake.

Phase 1 was officially launched on 29 August 2024. The construction of Phase 1 starts on 1 October 2024 and will be completed by 31 December 2028.

Yes, Phase1 of Raintree Park has been approved by the RERA board in Karnataka state on 27 August 2024, and RERA NO is PRM/KA/RERA/1251/446/PR/270824/006981. The Acknowledgment number is ACK/KA/RERA/1251/446/PR/120724/008326.

• 4 BHK - 1053 units
• 3 BHK - 315 units
• STUDIO – 153 units

1. Address of Prestige Raintree Park Phase 1: SH 35, Whitefield Main Rd, Whitefield, Varthur, Bengaluru, Karnataka 560087
2. Floor Plan of Prestige Raintree Park Phase 1: The floor plan of Prestige Raintree Park apartments in Phase 1 ranges from 2005 sq ft to 3700 sq ft. A 3 BHK flat is from 2005 sq ft to 2020 sq ft. A 3 BHK + Maids flat is from 2187 sq ft to 2400 sq ft. A 3 BHK + Study + Maids flat is from 2451 sq ft to 2588 sq ft. A 4 BHK + Maids flat is from 2900 sq ft to 2956 sq ft. A 5 BHK flat (4 Bed + Studio) is from 3500 sq ft to 3700 sq ft.
3. Amenities at Apartments at Prestige Raintree Park Phase 1: The amenities in Prestige Raintree Park Phase 1 comprise of wide range of world-class 40+ amenities, including a swimming pool, clubhouse, sports court, fitness centre, beautiful full landscape with 80% greenery or open space.
4. Price of Apartments at Prestige Raintree Park Phase 1: The price of Prestige Raintree Park Phase 1 starts from 2.90 Cr and goes up to 5 Cr.

The price per square foot in Raintree Park Phase 1 in Whitefield, Bangalore, India, varies by the type of unit and ranges from Rs. 14,000 to Rs. 14,500 per sq. ft.

• The price of 3 BHK apartments starts from Rs.2.90 Crores.
• The price of a 3 BHK + Maid’s flat starts from Rs.3.17 Crores.
• The price of a 3 BHK + Study + Maid’s flat starts from Rs.3.55 Crores.
• The price of a 4 BHK + Maid’s flat is Rs.4.20 Crores.
• The price of a 5 BHK flat (4 Bed + Studio) is Rs.5.07 Crores.

Investing in Prestige Raintree Park Phase 1 is the best option as prices will be low in the prelaunch stage, and with the next phase, prices will increase fast. As per the reviews, Prestige Raintree Park is one of the best investments for both home buyers and rental purposes. Rent will start from 60K and go up to 1 lakh per month, depending on size. During the resale, investors can expect at least 20 to 40 % returns.

The main advantage of Raintree Park Phase 1 is its prime location. Whitefield is a hub of IT tech park, well-built modern social infrastructure, connectivity, green space, and luxury lifestyle. As the project is in a prime area, investing here will give a good ROI. The possession of this phase is in the middle of 2028, with a grace period of 6 months. Phase 1 will be completed on time on the given deadlines.