Yaar, I saw this video about a 2 BHK for rent at Prestige Misty Waters in Hebbal. It's a 1140 sq ft flat on the 2nd floor. Looks pretty good. But it got me thinking about delivery timelines for new projects. Prestige ka track record kaisa hai with delivering on time? I'm looking at some other projects by them too. Kya aap logon ko lagta hai builders generally meet their deadlines in Bangalore?
Prestige Misty Waters is a large-scale residential development by Prestige Group spread across 6.0 acres in Hebbal, Bengaluru. It comprises 5 towers housing 558 units with 2 BHK from ₹1.5 Cr, 2.5 BHK from ₹1.71 Cr, 3 BHK from ₹2.09 Cr, 4 BHK from ₹3.13 Cr and comprehensive amenities including Amphitheater, Fire Sprinklers, Electrification(Transformer, Solar Energy etc), Car Parking, 24X7 Water Supply, and more.
Prestige Misty Waters by Prestige Group offers 2 BHK from ₹1.5 Cr, 2.5 BHK from ₹1.71 Cr, 3 BHK from ₹2.09 Cr, 4 BHK from ₹3.13 Cr. The price range is ₹1.5 Cr – ₹3.3 Cr and the average rate is ₹15.8K/sq.ft. Contact a verified broker on Propmyna for current availability and payment plans.
The RERA registration number for Prestige Misty Waters by Prestige Group is PRM/KA/RERA/1251/309/PR/181010/002053. You can verify the project status, approved plans, and developer credentials directly on the official state RERA website.
Prestige Misty Waters by Prestige Group is currently Ready to Move. The RERA-committed possession timeline is available on the state portal under registration number PRM/KA/RERA/1251/309/PR/181010/002053. Early buyers will be among the first to receive their units.
Prestige Misty Waters in Hebbal, Bengaluru commands strong rental demand given its prime location and quality construction. With prices at ₹15.8K/sq.ft and appreciation of 17.94%, investors typically see rental yields of 3–5% per annum.
Comments
I'm also looking at Prestige projects. The quality generally seems good. But the price for Misty Waters is definitely high. For a first-time buyer, it feels like a huge jump. Are there any Prestige projects in areas like Adigara Kallahalli or Agrahara Layout that might be more within a ₹1 Cr budget, even if they are older or smaller?
My friend booked in Prestige Falcon City and faced a delay of about 9 months. They did provide a penalty as per RERA, but it was a hassle. So, while Prestige is reliable, don't expect pinpoint accuracy. Always have a contingency plan for your living situation.
A penalty is good, but it doesn't cover the mental stress and extra rent. So, it's safer to assume delays. What kind of penalty do they usually offer? Is it a fixed percentage or per month?
Prestige Group started way back in 1986, headquartered in Bengaluru. They have a huge portfolio. Misty Waters has 558 units, so it was a big project. For such large-scale developments, a few months' delay is almost standard. I would factor in at least 6-9 months buffer for any new project from any major builder.
Prestige Misty Waters is actually a pretty established project now. My colleague lives there. Price range is ₹1.5 Cr to ₹3.3 Cr. For new projects, I've heard Prestige is generally better than many, but even they push dates sometimes. It's tough to find a builder who delivers exactly on time these days.
₹1.5 Cr for a 2BHK is quite steep for a first-time buyer like me. I'm looking at something more affordable, maybe in areas like Aavalahalli. Do you think the price appreciation is good enough to justify such a high initial cost in Hebbal?
Yaar, I saw this video about a 2 BHK for rent at Prestige Misty Waters in Hebbal. It's a 1140 sq ft flat on the 2nd floor. Looks pretty good. But it got me thinking about delivery timelines for new projects. Prestige ka track record kaisa hai with delivering on time? I'm looking at some other projects by them too. Kya aap logon ko lagta hai builders generally meet their deadlines in Bangalore?
Misty Waters is completed, bhai. The RERA number is PRM/KA/RERA/1251/309/PR/181010/002053. Prestige has a decent track record, but even they have had delays for some projects, especially the bigger ones. It depends a lot on the specific project and location.
Oh, Prestige Misty Waters is a completed project, right? I thought it was still under construction. That's good to know. But to answer your question, mere experience mein, builders rarely meet deadlines. Especially in Bengaluru, there's always some delay, be it RERA issues or material shortages. My friend booked a flat near Akshayanagar, and it got delayed by almost 18 months!