What type of project is Prestige Ferns Residency in Bengaluru?
Prestige Ferns Residency is a Ready to Move residential complex by Prestige Group in Harlur, Bengaluru, spanning 25.0 acres with 22 towers and 1,483 units. It offers 2 BHK from ₹1.9 Cr, 2.5 BHK from ₹2.09 Cr, 3 BHK from ₹2.83 Cr, 3.5 BHK from ₹3.59 Cr, 4 BHK from ₹4.16 Cr catering to families and investors alike.
What is the total cost of owning a flat in Prestige Ferns Residency?
Beyond the base price starting at ₹1.9 Cr, budget for GST (5%), stamp duty, registration, car parking, and maintenance deposit. Your total cost at Prestige Ferns Residency for 2 BHK from ₹1.9 Cr, 2.5 BHK from ₹2.09 Cr, 3 BHK from ₹2.83 Cr, 3.5 BHK from ₹3.59 Cr, 4 BHK from ₹4.16 Cr will typically be 15–20% above the base price.
Is Prestige Ferns Residency RERA registered?
Yes, Prestige Ferns Residency by Prestige Group is RERA registered under number RERA registered. All project details, timelines, and financial disclosures are available on the state RERA portal, ensuring full transparency for buyers.
Is it safe to book Prestige Ferns Residency if it is under construction?
Yes, with RERA registration RERA registered, booking an under-construction unit at Prestige Ferns Residency is well-protected. RERA mandates that 70% of collections are held in an escrow account used only for construction of Prestige Ferns Residency.
What is the rental yield at Prestige Ferns Residency?
Prestige Ferns Residency in Harlur, Bengaluru commands strong rental demand given its prime location and quality construction. With prices at ₹17.6K/sq.ft and appreciation of 7.75%, investors typically see rental yields of 3–5% per annum.
Comments
Yaar, I had the exact same thought about Prestige Ferns Residency. 1483 units hain, itna bada project hai. Resale mein competition bahut hoga na? Capital appreciation ka bhi darr lag raha hai.
Haan, aur jab itne saare
Totally agree with you! 1483 units is a huge number. Makes me nervous about future appreciation.