The Prestige Raintree Park's pre-launch price starts at Rs 3.01 Cr onwards. The township hosts 1368 apartments in sizes 3, 4, and 5 BHK with a price range of 3.01 Cr to 5.5 Cr. The pre-launch price is set at Rs 15,000/sq. ft. These prices will increase after the project is launched in June 2024. The builder has also given many pre-launch offers and deals for early buyers. The pre-launch stage is a vital part of the marketing and development of a project. At this stage, builders offer homes to early buyers at discounted rates. These prices are more attractive than the rates at completion.
Pre-launch price is the best price offered to both villas and apartments by the builder for home buyers or investors during the launch date of the project.
Developers pre-launch a project to be able to raise funds early on for its build. It helps them raise money for construction and other expenses. These are attractive to buyers as the homes can be bought at lower prices. Investors also stand to earn well from their investments. Prices of the homes always go up once they are built.
For builders, the pre-launch stage is a great way to get an idea of how much interest there is in their project. A favorable reaction at this stage can help the project's success as a whole. Early buyers are given special offers by developers. A few of these are adjustable payment schedules, lower fees for reserving homes, and extra facilities.
The pre-launch price of Prestige Raintree Park is also based on a number of factors. A couple of these are the location of the project and the amenities in the project. The reputation of the Prestige Group is also important. The builder has a reputation for excellence and has completed many successful projects. These have served to boost buyer trust.
The group is known for its grand projects that involve the best names in the industry. Its homes are sturdy, opulent, and designed to meet modern buyers’ needs. They are constructed using the best materials, and the most modern engineering techniques are employed. The Prestige Raintree Park pre-launch price is reflective of the high standards of the builder.
Housing projects by the company are luxurious living areas that have a lot of high-end amenities. These are tailor-made to suit everyone. There are spaces for sports, exercise, and events here. There are also areas to unwind in and relax. The pre-launch prices of Prestige Raintree Park are based on the many amenities that are in the project.
The location of a project also determines its price in the early stages. The grand enclave is at Varthur, one of the most upcoming areas in the east zone. The neighborhood has been seeing a lot of demand for homes in the past few years. The average price of property in the area is about Rs. 9000-plus per square foot.
Buyers will find it easy to finance their purchase in the enclave, and many options are available. To make it easier to buy a home here, the builder has several offers. There are flexible payment schedules, and paying for a home is much easier.
People who want to know more about the pre-launch prices of Prestige Raintree Park can watch for announcements from the builder. The group will be announcing the prices soon. These will be made through the company's official website and office. They will also be announced through other marketing channels.
TYPE | APARTMENT |
PROJECT STAGE | PRE-LAUNCH |
LOCATION | WHITEFIELD, BANGALORE |
BUILDER | PRESTIGE GROUP |
FLOOR PLANS | 3, 4, & 5 BHK |
TOTAL LAND AREA | 107 ACRES |
RERA ID | APPLIED |
LAUNCH DATE | JUNE 2024 |
POSSESSION DATE | 2027 |
PRICE | 3.01 – 5.2 CRORE |
NO. OF TOWERS | 12 |
NO. OF PHASES | 3 (PHASE 1 – 28 ACRES,PHASE 2 & 3 – 27 ACRES EACH) |
FLOORS | 6-7 |
UNITS | 1368 |
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