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Prestige Sunrise Park The New Modern Look Of The Apartme

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Prestige Sunrise Park The New Modern Look Of The Apartme

PRESTIGE SUNRISE PARK ELECTRONIC CITY is an extravagant housing venture commenced by a renowned developers Prestige Group in the form of 1, 2, 2.5 and 3 BHK lavishness flats located at Electronics City-Phase-1 subsequent to Cyber Park & Neo Town Road/ Bangalore.

Considering as a city of electronic gardens & IT parks Bangalore city is also known as Silicon Valley of India. Having establishments of various IT/ITES/ BPOs/ FMCG, automobile, pharmacy/ aviation/ marketing & research growth industry as well as numerous reputed educational institutes Bangalore city has been remodelled into a glorious metropolitan region that is constantly demanding for more spacious accommodations or high end settlements in affordable price range. Providing peaceful shelter to the people of every class comes from different areas of the country Prestige Sunrise Park housing venture has been set as a stunning landmark venture among other property venture of the city.

Having rising number of neighborhoods & townships ventures mesmerizing city PRESTIGE SUNRISE PARK BANGALORE development of this region in the form of remarkable housing apartments such as villas, penthouses/ independent floors, row houses as well as commercial ventures retail spaces/ recreational centers/ plazas/ offices & many more. Offering living spaces within different sizes 1 BHK, 2 BHK/ 2.5 BHK & 3 BHK housing units with 631sqft to 1647sqft floor region Prestige Sunrise Park Electronics City presents sculpture skill of one of the most reputed & leading developer Prestige Group in a professional manner. Also eye-catchy infrastructure & quality living inside these abodes can be countable as an extra added advantage of this venture.

Enjoying immense greenery & peaceful location of the city Prestige Sunrise Park Bangalore campus is situated in Electronics City-Phase-1 next to Cyber Park & Neo Town Road along with close proximity to Neo Mall, proposed metro station/ Lords Plazza Hotel & Hosur Main Road/ Bangalore. In addition, Sprawled across 25 acres of total land region it is blessed PRESTIGE SUNRISE PARK international level facilities in the form of modern club house/ multipurpose hall/ gated community/ kid’s play region, more than 80% central green region, jogging track/ round the clock safety, 24 hours power backup/ modular kitchen, various outdoor & indoor gaming facility make this campus more extravagant among other property venture of the city.

Mmrda To Make Affordable Housing In Mumbai Possible

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Mmrda To Make Affordable Housing In Mumbai Possible

At a juncture when both capital and rental values of residential property in Mumbai are touching skies, Mumbai Metropolitan Region Development Authoritys (MMRDAs) announcement for building five lakh low-cost houses brings in a ray of hope for those dreaming for their own house in the fairyland.

Residential rentals in Mumbai have been escalating for the past several years due to limited availability and soaring demand, and most of the tenants wished if they could buy a house and replace the rental payments with loan installment. However, this wish was hardly fulfilled with the kind of price range Mumbai properties have been carrying.

Consider this, some few months back, 2 BHK apartment units in Cuffe Parade (South Mumbai) were being leased out for Rs 45,000 to Rs 80,000 per month. But today, the same size apartment in the same area on rent will easily cost a sizeable Rs 1.25 lakh a month.

Rental rates are soaring in others areas as well. For instance, in Bandra 2 BHK apartment now comes with a price of Rs 90,000 per month, a few months back the same property was valued for Rs 25,000-Rs 40,000 a month. Besides the rentals in Vashi, a middle-class locality in Navi Mumbai has also gone up to Rs 20,000 per month as compared to Rs 12,000 per month, two years ago for a 2 BHK apartment flat. Even semi furnished apartments down the much desired Palm Beach Road are available for as much as Rs 18,000 per month.

Though the prices are increasing day by day, not many transactions are taking place. There is a lot of demand but sky rocketing property prices are deferring the buyers from having a home in Mumbai at present, say MK Shah, Mumbai Real Estate agent.

In the course of all this governments announcement to build five lakh affordable housing units in the city has bought some respite to the prospective buyers. These houses will be made available on rent for people from middle and lower-income groups. The project is likely to come up in the next five years. MMRDA believes that the move will help bring down the cost of housing in Mumbai, media reports.

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