Prestige Shantiniketan unveiled in Bangalore
Dec 29 2010
The launch marks the completion of the residential and commercial blocks of this project. Built under international specifications, this fully integrated and ultra modern township features a huge residential complex comprising 3002 apartments of two, three and four bedrooms in 24 high-rise towers, a high-end shopping mall, a five-screen multiplex, a convention centre, a five star hotel and a club house with all possible amenities, Prestige said.
Of the 3,002 apartments, 600 units have been handed over, and 300 homes are occupied. Being a high-end township, apartments cost a bit high at Prestige Shantiniketan. Prices of 2 BHK flats start from Rs 63 lakh while those of 3 BHK ones begins at Rs 81 lakh. One has to shell out a minimum of Rs 98 lakh for a 3.5 BHK and Rs 1.31 crore for a 4 BHK apartment.
Irfan Razack, chairman and managing director at Prestige group, said: “In past few years, Bangalore has witnessed growth at an unprecedented rate. However, the growth has been concentrated in certain areas, leading to congestion and uneven infrastructure development. The need of the hour is integrated and self-sufficient townships that will help the city expand in a uniform manner and simultaneously aid the cosmopolitan lifestyle.
The 67-acre residential precinct will include a 4.56-acre park. The park is positioned on the lines of New York’s Central Park. An artist from Singapore is responsible for the landscaping, the company said in a statement.
“We have tried to deliver just a signature lifestyle through Prestige Shantiniketan. The cityscape has been designed in a manner that provides residents peace and tranquility of a home in countryside, combined with all the amenities of a bustling city,” Razack said.
The project includes badminton and squash courts, a tennis court, a table tennis room, health club and sauna, a party hall, pool table, lounge library, ATM, a coffee shop, a jogging track and a children’s play area.A brand new Forum Mall, a posh multiplex with five screens and a world-class convention centre will come up soon.