Prestige Smart City

Property investment decisions are pivotal and the most coveted in nature. These are profitable ways of going ahead towards a secured future. Residents are now realizing the importance of investing in residential spaces rather than staying merely as tenants. This has helped property developers plan and execute their strategies better. Prestige Smart City by Prestige properties is one such project which is strategically located to perfection at Sarjapur Road in Bangalore. The project is spread over 180 acres of landscaped greenery and offers 1, 2, 3 and 4 BHK apartments. The project has incorporated an ecological system where a central air purification facility would be set up so residents not only breathe healthily, they breathe fresh. They have employed a customer-centric approach where residents are welcomed to the site at all times to experience the amenities, floor plans, structural specifications and take an entire tour of the property to understand and estimate returns in the near future. It is also suggested that residents meet up with real estate advisers before they arrive at final investment decisions as a brief idea of the property market is essential on all levels. With reputed highways and expressways in close proximity, residents can be easily connected to the rest of the city. Education and overall proximity are important to foster any child’s growth. With renowned schools, colleges, and medical institutions in the vicinity, in-house customers can provide the best for their children and go about with their everyday commute with the utmost ease. Rest assured, partnering with Prestige Smart City Sarjapur Road is sure to reap high dividends resulting in a foreseeable future.

How is eco-friendliness inter-related to the location of any residential project?

There is always the location of the project which is considered as the most important aspect that can contribute to customer purchase behavior. It is a common notion that one would like to reside further out from the city so they can go back home relaxed after a tiring day at work. On the other hand, if the project is far off from the city and there are no connectivity benefits to the city, the credibility of the project is adversely affected. On the contrary, it is crucial to lead a healthy lifestyle. Eco-friendliness within and surrounding the project is pivotal in attracting profitable homeowners. Here at Prestige Smart City Bangalore, the concept of the central air purification system is employed so there is a centralized way to purify the air at all times. There are several other amenities within the project like recreational play parks for children and landscaped gardens that circulate the air at all times without hampering the true nature of the project.

RERA rules have led to a rise in social infrastructure development

Before the Government of India took a step to regulate the property market, the revenue that was generated from the real estate market wasn’t impressive. Residents who weren’t aware of the property market used to partner with real estate brokers who were fairly new as well. This led to unrealistic expectations being set in terms of quality and product delivery. Because of frequent delays, residents weren’t happy and that wasn’t good for the property industry either. After the introduction of regulatory bodies like RERA and the introduction of tax reforms like GST, the demand for affordable homes has increased significantly and property developers are in for huge penalties in case of any lapse in following such norms. With these rules in place, real estate operations have gone a lot smoother for a gradual transition to one of the best sectors to generate profit. This change in increasing the number of affordable homes has given rise to a rise in social development infrastructure. Getting across and to reputed parts around the city is taken care of with ease which has further enhanced land appreciation rates.