As per Location
PRESTIGE TECH CLOUD business park, commercial property investment project is situated in the Devanahalli, North Bangalore. It’s a 4-side open corner property. The project has a wide frontage & a very impressive layout design. The project has direct access from 4-ways.
Prestige Tech Cloud is the top-most visible project of Kempegowda International Airport Road. The project has 100% visible and walkable from Devanhalli Road, Bangalore Hyderabad Highway, Sadahalli Main Road, Ronald Colaco Road, etc. The project is very well connected to multiple public transportation facilities and other civic facilities.
Major Hotels and Resorts are in close proximity such as Hotel Presidency, ITC Filtrona, Shivas Gateway, Regenta Inn, JN Guestline, Sarover Grand, Purple Cloud, Hotel Presidency, Fantasy Golf Resort, Goldfinch Retreat, Sparrow Suites, Marriott International, etc.
The Prestige Tech Cloud is close to several urban rich residential areas of North Bangalore such as Udayagiri, Kannamangala, Akalenahalli, Mallena Halli, Anwar Layout, Chowdenhalli, Bandaramanahalli. Which is a very approachable sign for commercial property investment.
Kempegowda International Airport is just 8-minutes away from Prestige Tech Cloud. The Prestige Tech Cloud is properly connected with the main points of Bengaluru city. This location is also properly connected with several big IT companies of this area such as Menzies Aviation Bobba, SLK Software Services Private Limited, IBM, Seimens, Global Logic, Tesla Infotech, Intel, Overall, The Prestige Tech Cloud is an excellent location for a commercial project.
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Possession | Construction Update
| Construction Status | Under Construction |
| RERA Registration No | Prestige Tech Cloud- PRM/KA/RERA/1251/309/PR/190518/002560 |
| Start/Launch Date | 18-5-2019 |
| Possession Date | 31-5-2023 |
| Construction Stage | Ongoing |
| Construction Company | New Consolidated Construction Co. Ltd |
| Promoters Name | Prestige Realty Ventures |
| Architect Name | Rana Ram |
| Land Area | 32.9994411 Acre |
| Total Units | 1214 |
| Number of Stories | |
| Live Updates | |
| COVID-19 Lockdown Status | COVID-19, an event of ‘Force Majeure’. Completion/Possession extended for 6 months for all projects expiring on or after 25.03.2020 by the Government. |
Advantages | Good Factors
The Prestige Tech Cloud office space is perfectly designed for maximum visibility. The office space is designed to meet international standards. The project is full of vigour and vitality. Overall the Prestige Tech Cloud has a very impressive layout design.
Prestige Tech Cloud has multiple entries. Multiple entry points attract customers/visitors quickly and provide maximum visibility/exposure to every area of the project. Which is also another approachable sign for investment in this project.
If anyone wants to set up their office close to Kempegowda International Airport, Prestige Tech Cloud is one of the best options. The project has proper parking spaces for stakeholders and visiting guests.
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The Prestige Tech Cloud is surrounding by several high-density urban rich residential group housing societies such as Jade Garden, Ozone Urbana Aqua, Metrocorp Nirvana, Sobha Lifestyle Legacy, etc. And that is a very good sign for commercial property investment.
The Prestige Tech Cloud is right in the middle of the fastest developing locality of Kempegowda International Airport such as Udayagiri, Kannamangala, Akalenahalli, Mallena Halli, Anwar Layout, Chowdenhalli, Bandaramanahalli And all the above said urban rich areas can denser in upcoming years. There are more than 20-thousand flats and an expected residential population of more than 1-Lakh people. This is also a very good sign for commercial property investment i.e. Prestige Tech Cloud.
Prestige Tech Cloud is very well connected to multiple public transportation facilities and other civic facilities. This is also another good sign for commercial property investment i.e. Prestige Tech Cloud.
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS- PRESTIGE TECH CLOUD | GRADING |
| Urban Rich Gentry | Upper Middle Class, Middle Class, Lower Middle Class. Residential societies within a radius of 500-Meter-Jade Garden, Ozone Urbana Aqua, Metrocorp Nirvana, Sobha Lifestyle Legacy, etc | A |
| Prime Location | PLATINUM | A1 |
| Connectivity | 15-30-Minute drive- Udayagiri, Kannamangala, Akalenahalli, Mallena Halli, Anwar Layout, Chowdenhalli, Bandaramanahalli. Airport-11-minutes drive (Kempegowda International Airport) |
A1 |
| Layout Design | Grand ceiling heights, full of vigour and vitality, excellent layouts, wide corridors, proper sitting & walking arrangements, highly visible, International standards office space | A |
| Multiple Entries | Yes More than 6 Entries | A1 |
| Visibility | Highly visible, 4-side open corner property, very wide frontage | A1 |
| High-Density population | More than 25-Thousand Flats and 1-Lakh urban rich people within walking distance and can denser more in upcoming years. | A |
| Youthful Footfall | Yes | A |
| Public Security | Police Station -15-Minute Fire Station 15-Minute |
A |
| Industrial Area | Within 3-Km | A |
| Urban/Civic Facilities | Maximum facilities available | A |
| Developers Credibility | Quality Construction & Maintenace. PLATINUM standard developer | A1 |
| Price Comparison | Competitive Price | A |
| Competitors | No Competitors | A1 |
| Expected ROI | 6% to 12% Annually | A1 |
Products & Developer
The Prestige Tech Cloud commercial project is under development by Prestige Realty Ventures. This project consists of IT-office space & retail spaces, etc.
Builders Profile | Track Record
 |
|
| PREDECESSOR | Prestige Estates Projects Limited |
| FOUNDED | 1997 |
| FOUNDERS | Razack Sattar |
| KEY PEOPLE | Irfan Razack, Noaman Razack, Rezwan Razack, Jagdeesh Reddy, Uzma Irfan, Pangal Ranganath Nayak, Noor Jaffer, Biji George Koshy |
| COMPANY | PROMOTERS | Prestige |
| AREA SERVED | Bangalore, Chennai, Hyderabad Kochi, Mangalore, Mysore |
| PRODUCTS | Commercial offices, Apartments, Shopping Malls, Villas, Hotels, Golf Courses, Leisure & Hospitality, Retail |
| PROJECTS COMPLETED | Prestige Shantiniketan, Prestige Golfshire, The Forum (shopping mall), The Forum Vijaya (Shopping Mall), UB City
Chennai: Prestige Cyber Towers, Prestige Polygon, Prestige Palladium |
| PROJECTS ONGOING | Prestige Tech Cloud |
| PROJECTS UPCOMING | |
| DELIVERY TRACK RECORD | All completed project delivered on time |
| NET WORTH | |
| STRENGTH | |
| COMMITMENT | On-Time Delivery, Quality construction |
| RISK | Updating soon… |
| DEBT | Updating soon… |
| LITIGATION | Updating soon |
| OFFICE ADDRESS | Prestige Estates Projects Ltd. The Falcon House, No. 1, Main Guard Cross Road, Bangalore – 560 001.Toll-Free Number: 1800 313 0080 Tel: +91 80 2559 1080 Fax: +91 80 2559 1945 |
| BUILDER CATEGORY |
PLATINUM |
The Prestige group has a good market reputation in real estate India. He has successfully delivered several residential and commercial projects in PAN India.
Price Appreciation Track Table Prestige Tech Cloud:- Below you will see Prestige Tech Cloud real estate appreciation trends from its possession to the current years.
| YEAR | PRICE (PSF) | APPRECIATION/REMARKS |
| 2019 | ₹5,500 | Launching Price |
| 2020 | ₹6,500 | |
| 2021 | ₹7,600 |
Conclusion
The Prestige Tech Cloud is good for BPO, Call Center Software development companies, IT-office companies’ setups.
Prestige Tech Cloud property is best suited if you are willing to hold your investment until the completion/possession of the project.
After Completion possession of the project, the investors may get a minimum of 6% per annum return if the builder completes the project within the set time frame.
CPR Ratings
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH
chetan
Kindly remove the posting & price point review as the data captured in wrong. About your review on prices, do you back this up with some research or randomly just posted.
If you have specific research report of price points, do email asap. request you to delete the comment / review with no further delay
admin
Hi, I dont understand your point. Are you from builder side? if from builder side, whats the price?