• What is Prestige white Meadows all about & where is it located?
Prestige white Meadows is a high end luxury development whit sky villas which are located in high rise towers of up to 27 floors & independent bungalows. All amenities expected from a development of this caliber have been carefully in built including an exclusive club house.
Prestige white Meadows is being developed an approximately a 28 acre site with no parallel. Part of the property consists of a gentle hillock and this elevation makes it unique with unmatched views of Whitefield and surrounds.
The property is located on Whitefield main road whit close proximity to prestige ozone, Forum value mall, international technology park and the EPIP. The development is 17 Kms from MG Road.
Prestige white Meadows has 4 high rise towers housing 214 sky villas and 66 independent Bungalows.
• What is the Prestige vision for the development?
It has been felt over the years that the luxury market needs have not been addressed in the contest of living spaces, specifications, lifestyle amenities and most importantly a unique development purely targeted at this niche segment.
Accordingly units at prestige white meadows have been carefully planned keeping in mind larger sizes of rooms and the overall ambience to be achieved. The show unit is indicative of how these spaces can be utilized in a rich and superior fashion.
• Who are the key designers for the Development?
Architects – RSP design consultants (I) Pvt. Ltd.
Landscape consultants – belt Collins, Singapore.
Interiors – ID by Morph Design.
• What are the key features of the property?
Luxury is embossed in every aspect of design & specification of prestige white meadows. Large sizes of units accommodate the lifestyle and requirements of modern luxury living.
The architectural design exploits the topography and scenic potential of the site locating the towers on the periphery and the independent bungalows on the inner side. The externals of the towers and independent bungalows are the creative combination of hi-tech glass and aluminum whit rustic clay tile/rough stone and textured paint.
• What are the different types of independent bungalows and what are their sizes?
There are 66 independent bungalows the sizes of the same are as under.
Types
Built Area (sft.)
A
6219
B
5576
• What are the different types of sky villas and what are their sizes?
There are 214 sky villas of six different sizes.
Types
Built Area (Sft.)
Located in Tower
S - 4 BR
6652
2
D - 4 BR
7002
1,3,4
D1 - 4 BR
7579
1,3,4
D2 - 4 BR
7854
1,3,4
T - 4 BR
11338
3 & 4
T - 5 BR
12066
2
• Is this a phased development & what is the timeline for completion?
The entire development will be completed in a single phase. The marketing launch will be in February 2010. Completion of the development will be 42 months from the date of commencement of construction (June 2010).
• Will each plot be demarked for the independent bungalows?
Yes, there will be landscape elements to demark the boundaries of the independent bungalows.
• Is the entire development compounded?
Yes, prestige white meadows will be a gated community.
• Will my sky villa/independent bungalow be furnished like the show units?
The units will be completed as per the specifications in the brochure which include dedicated air conditioning units with false ceiling, ducting & cove lighting. Bedrooms are provided with wardrobes, kitchens are furnished with cabinets & appliances as seen in the show unit.
• Are modifications permitted?
Prestige white meadows and more particularly its interiors have been designed tastefully so as to match the overall theme and ambience of luxurious living. Sorry, no changes and modifications in design and specifications are being permitted. However, you will have a choice for the flooring, toilet dado & kitchen granite.
• What are the amenities provided at prestige white meadows?
The amenities are provided whit in the property and in the “white lake” club house which include –
Gymnasium, Squash court, Badminton court, Billiards, Tennis court, Separate health club for Men & Women, 2 Party Halls, Mini Theatre, Space provision for Coffee Shop & Convenience store, 2 Swimming pools with BBQ Counters, Children play area & Admin. Office space.
• Is there a membership fee to the club house?
Membership to the club house will be free of cost to the owners of the units. However, usage charges for the facilities will be applicable.
• Is the club facilities open to non Residents of prestige white meadows?
The club house is exclusive for the residents of prestige white meadows.
• What is the source of Water?
Water supply will be obtained through the available ground water & BWSSB supply. AA water recycling plant, rain water harvesting and other methods for optimum use of water resources are planned.
• How do get an allotment?
Fill the booking application form indicating your choice of SKY VILLAS/INDEPENDENT BUNGALOWS and reach it to us along with your cheque/DD for Rs. 25,00,000/- being the booking amount favoring PRESTIGE ESTATES PROJECTS LTD.
An acknowledgement for the booking will be issued on realization of the booking amount
Based on your application and priority we will be pleased to offer the available sky villas/independent bungalows of your preference.
On confirmation of the unit of your choice you will be required to make the necessary payments towards the balance of 15% within 30 days along with the past dated claques as per the payment schedule.
A formal allotment latter will be issued within 30 days on receipt of 15% of the sale value and PDCs for the date of booking.
Allotments will be at the sole discretion of prestige estates projects ltd.
• What happens thereafter?
Formal agreements will be issued for execution.
• How are the installments to be paid? Is it time bound?
Installments are to be paid by way of post dated claques which is a precondition of the allotment. The schedule of the payment is mentioned in the pricing chart. The payment is not linked to the progress of the construction but on a time bound basis as the delivery date has already been established.
• Can I pay 100% down payment? How do I benefit?
Yes, you can avail a discount an 100% down payment. However, this scheme/offer will be valid for a limited period from the date of launch.
• Will there be a validity for the price list?
The price list will be subject to change from time to time.
• What are the other additional amounts to be paid at the time of handing over?
Bescom/BWSSB, VAT, Advance Maintenance charges & Sinking fund, Khatha, Bifurcation Charges, Registration Charges and any other taxes as applicable are payable at the time of possession based on the then prevailing guidelines.
100% back up power is being provided for the sky villas & independent bungalows at no additional cost.
• What happens if I cancel my booking?
Cancellation of booking will attract cancellation charges of 1% of the total sale value of the sky villas/Independent bungalows up to the stage of agreements. Thereafter the cancellation charges will be 10% of the unit value. Refunds will be effected only on resale of the unit.
• What is the type of documentation to be executed?
A prestige white meadow is an integrated development consisting of 3 parcels of land which constitute approximately 28 acres and is conceived as one master development.
The documentation consists of agreement to sell & agreement to build. This will be followed with a sale deed at the time of possession.
• When will registration take place?
On completion of the entire development, payment of the entire sale consideration including the additional amounts and on handing over possession. Registration will be carried out by lawyers appointed by us.
• Can I sell my property after I make my first payment?
Transfer is subject to payment of 15%of the sale value + 3 installments, transfer fees & compliance with the terms & conditions and at the sole discretion of prestige.
• Have all the approvals been obtained?
Yes, all approvals have been obtained.
• Is the title of the property clear?
Yes, the land is freehold, marketable and free from all encumbrances.
• Has the project been approved by Housing Finance Institutions?
This project will be approved by select Housing Finance Institutions.
• What will be the scope of Maintenance?
The scope of maintenance will cover maintenance of the common infrastructure for the sky villas/Bungalows, Roads, Landscape of common areas & upkeep of the individual landscape of the independent bungalows. The owners in discussion whit the property management company can further define the scope as may be required.
The Prestige property Management and services will carry out the above scope of Maintenance at a cost.
