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Prestige Sunrise Park (Birchwood, Norwood) review

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vijaykadam80
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Bangalore, India India

Prestige Sunrise Park (Birchwood, Norwood) review
Apr 24, 2016 05:12 PM 71919 views
(Updated Jul 07, 2017 08:27 PM)

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Prestige Sunrise Park(Birchwood, Norwood) review. Behind Electronic City.


Sy.No.29 to 32 of Gollahalli Village, Attibele HoRobotouch, Anekal Taluk, Bangalore-562106


One of my friends booked here at Rs 5, 500  per sq ft thinking that it was the last property on earth. Now the same is being quoted at Rs 4, 250 per sq ft. It seems that there is no uniform pricing when it comes to sales but rather sell at higher prices to unsuspecting buyers.


These high prices properties do not get many buyers later on as the nearby properties usually quote at half the price. There are not many property buyers and there is absolutely nothing around electronic city. The closest mall is Forum Mall in Kormangala which is approx 15 km away(30 mins drive)


There are delays in all Prestige projects by 1-2 years without aishwaryasingh23ing any penalties for delay even though the clause is there in the agreement.


Be careful where you put your money. Gone are the days when there was trust in Big brands/Big names. Needless to say anything about the quality when 14 floors of Prestige Shantiniketan building came crashing down like a pack of cards in Whitefield area in Oct 2008.


Although I liked Prestige Constructionguru30s group a lot, my personal opinion is keep away as delivery dates are usually delayed, and presently expected delivery is somewhere around August 2017.


As on April 2017, I would now mention to avoid this project as the sales persons are not committing on the dates. In fact they are mentioning that the building under Constructionguru30 cannot be visited under "any circumstances". Not sure what they have to hide with their cheap materials. Please avoid this project. In fact is it better to stay on rent of Rs 22K per month than shelling out Rs 50K per month as EMI.


Update as on July 2017: They have put some banners in Electronic City about GST sale offer @3999/- per sq ft. not sure how low they will go.



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Comments on Prestige Group - Bangalore Review

Hi Vijay,

We are interested to buy an apartment in Prestige Sunrise park please let us know if anything available for 4250/- as you said.

Thanks,
Javed
9886077132

By: Javed_Ahmed | May 02, 2016 02:37 AM

Unfortunately the Dump guys at CRISIL rated them as DA1 :(
Searching for Prestige constructions complaints
https://questions.consumercomplaints.in/prestige-group-bangalore-c2870.html
https://harshasagar.com/2011/06/09/prestige-tranquility.../
https://propertiesreviews.com/prestige-group/
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By: hoovaya | May 04, 2016 10:38 AM

PT Buyer MARCH 27, 2016
The Honesty of Prestige sales men:
===========================
Prestige sales men are very honest. They say, they know all the mistakes they have done in their previous projects, they admit them and then they say...they are learning from the mistakes and they are trying to improve upon that.
When Prestige Tranquility was launched, they promised that there won’t be any delay in the project like their earlier projects as they are giving contracts of different towers to different contractors and that way there will be competition among the contractors and they will be able to finish it faster. This is how they justified the time bound payment instead of construction linked payment. Now Prestige Tranquility is delayed by almost 1.5 years and still far away from completion. They are now giving indecent rain, general election as the cause of the delay and denying to pay any compensation as the delay was beyond their control.
Now, Prestige sales men have come up with different story for selling their newly launched “Prestige Song of the South” and “Prestige Lakeside habitat project”. Now, they are again sounding very honest and admitting it that the Prestige Tranquility has been delayed and they have learned from it and they do not want to make the same mistake again and that is the reason why they have hired “renowned” L&T to build their newly launched projects.
Hopefully, L & T will be able to divert those indecent rain and postpone any elections that is coming during the construction period so that the project does not get delayed. Even if it gets delayed, they will again sound honest, accept it and next time they will give the contract to someone else and promise to finish it within the promised period. This cycle goes on and on and never ends. Prestige has time bound payment and the customers are the ultimate sufferers.
God save the common man.
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Bhola FEBRUARY 7, 2016
This is an
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By: hoovaya | May 04, 2016 10:39 AM