Review : Investment in Prestige Tech Cloud, Bangalore, Loss or Profit

Bangalore Slider

CPR Ratings

As per Location
PRESTIGE TECH CLOUD  business park is situated in the Devanahalli, North Bangalore.  It’s a 4-side open corner property. The project has a wide frontage & 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 commercial project.

Possession | Construction Update
Prestige Tech Cloud is under construction. The promised date of delivery/possession of the project is in the year of  May-2023. RERA Registration Number PRM/KA/RERA/1251/309/PR/190518/002560

Prestige Tech Cloud IT Park

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 vigor 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/exposures 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.

ALSO READ: How to Double Your Money by Investing in Commercial Real Estate

The Prestige Tech Cloud is all surrounding with 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. Which is also another good sign for commercial property investment i.e. Prestige Tech Cloud.

Commercial Real Estate Project Investment Criteria Table

MUST REQUIRED FACTORSACTUAL FACTS- PRESTIGE TECH CLOUDGRADING
Urban Rich GentryUpper 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, etcA
Prime LocationPLATINUMA1
Connectivity15-30-Minute drive- Udayagiri, Kannamangala, Akalenahalli, Mallena Halli, Anwar Layout, Chowdenhalli, Bandaramanahalli.
Airport-11-minutes drive (Kempegowda International Airport)
A1
Layout DesignGrand ceiling heights, full of vigor and vitality, excellent layouts, wide corridors, proper sitting & walking arrangements, highly visible, International standards office spaceA
Multiple EntriesYes More than 6 EntriesA1
VisibilityHighly visible, 4-side open corner property, very wide frontageA1
High-Density populationMore than 25-Thousand Flats and 1-Lakh urban rich people within walking distance and can denser more in upcoming years.A
Youthful FootfallYesA
Public SecurityPolice Station -15-Minute
Fire Station 15-Minute
A
Industrial AreaWithin 3-KmA
Urban/Civic FacilitiesMaximum facilities availableA
Developers CredibilityQuality Construction & Maintenace. PLATINUM standard developerA1
Price ComparisonCompetitive PriceA
CompetitorsNo CompetitorsA1
Expected ROI6% to 12% AnnuallyA1

 

Products & Developer
The Prestige Tech Cloud commercial project is under developing by the Prestige Realty Ventures.  This project consists of IT-office space & retail spaces, etc.

Builder Profile | Track Record

 Prestige,builder,profile,track record
PREDECESSORPrestige Estates Projects Limited
FOUNDED1997
FOUNDERSRazack Sattar
KEY PEOPLEIrfan Razack, Noaman Razack, Rezwan Razack, Jagdeesh Reddy, Uzma Irfan, Pangal Ranganath Nayak, Noor Jaffer, Biji George Koshy
COMPANY | PROMOTERSPrestige
AREA SERVEDBangalore, Chennai, Hyderabad
Kochi, Mangalore, Mysore
PRODUCTSCommercial offices, Apartments, Shopping Malls, Villas, Hotels, Golf Courses, Leisure & Hospitality, Retail
PROJECTS COMPLETEDPrestige Shantiniketan, Prestige Golfshire, The Forum (shopping mall), The Forum Vijaya (Shopping Mall), UB City

Chennai: Prestige Cyber Towers, Prestige Polygon, Prestige Palladium

PROJECTS ONGOINGPrestige Tech Cloud
PROJECTS UPCOMING 
DELIVERY TRACK RECORDAll completed project delivered on time
NET WORTH
STRENGTH
COMMITMENTOn-Time Delivery, Quality construction
RISKUpdating soon…
DEBTUpdating soon…
LITIGATION Updating soon
OFFICE ADDRESSPrestige 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 | Lease Price | Price List
Prestige Tech Cloud, office space sale & lease price starts at approx:-

   
SIZE (Sq Ft)PRICE (PSF)OTHER CHARGES
Min 25005500Car Parking – 4/- Lakh
BESCOM and BWSSB Deposits
GST Extra

Price is reasonable for investment.

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

Investors Vote
[Total: 12 Average: 4.5]

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

 

2 Comments

  1. 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

    Reply
    • Hi, I dont understand your point. Are you from builder side? if from builder side, whats the price?

      Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*

Lost Password