Prestige Olive Oak FAQs

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Prestige Olive Oak’s FAQs answer often-asked questions about the premium project on Chapparkallu Road, North Bangalore. The plotted development offers residential plots with wide roads, underground utilities, open spaces, and luxury amenities.

FAQs


1. What is Prestige Olive Oak and what does it include?

The project is a plotted development on 30+ acres with 600 well-developed plots and luxury amenities.

2. Who is the builder of the development?

It is built by the well-reputed Prestige Group, one of the top builders in the country. The company has 40+ years of experience and also has a CRISIL DA1+ rating.

3. What is the project's construction status, and has the Karnataka RERA Board approved it?

The development is at pre-launch, and the builder has put in papers for RERA approval. The approval and registration number is expected before the launch on December 10, 2026.

4. What are the configurations of the plots?

The development features plots of 30x40 ft, 30x50 ft and odd sizes.

5. What is the expected date of possession?

The plotted development is scheduled to be completed in a three-year period. The date of possession and handover is 31 December 2029.

6. What is the location of the project, and how is its connectivity?

It is located on Chapparkallu Road at Bettenahalli (Yelahanka Extension) in North Bangalore. In the fast-growing airport corridor, it is accessed by NH 44, NH 648, and IVC Road.

7. What is the advantage of buying a plot that makes it better than buying an apartment?

A plot gives complete ownership of that land and the freedom to build as you please. Buyers enjoy high levels of privacy while also enjoying the project's luxury amenities and excellent infrastructure.

8. What is the regular and EOI rate of plots in Prestige Olive Oak?

The rate of plots in the project is Rs. 11,500 per sq ft. The EOI rate, valid until December 10, 2026, is Rs. 10,000 per sq ft.

9. Is the plotted development approved for loans by major banks?

Yes, several leading banks and private financial institutions approve loans for plots in the project. Buyers can access loans through HDFC Bank, ICICI Bank, Axis Bank, and SBI.

10. Are there any additional charges that buyers have to pay?

Prices quoted are the base prices, and GST, stamp duty, registration, and taxes will be additional. Other charges, such as the deposits for maintenance and parking, are also to be paid.

11. How much is to be paid when booking a plot in Prestige Olive Oak?

The booking amount to be paid is 10% of the total cost (with GST).

12. What internal infrastructure is provided on the site?

The project has an entrance road of 15 m and 9 to 15 m asphalted internal roads. It also has underground dual water supply, underground power lines, an STP, and solar-powered street lighting.

13. What are the amenities included in the development's master plan?

The project features 50+ amenities, including a clubhouse, sauna, pool, snooker room, squash court, and gym. It includes a vast 4.5-acre open green area with tracks for jogging, cycling, and walking.

14. Are utilities like electricity and water guaranteed here?

Yes, all the plots have a steady electricity supply and water connections. Underground pipes run through the project for water and sewage, with underground cables for electricity.

15. Are these plots strong real estate investments?

Yes, these plots are a great investment due to their location in the prime growth corridor. The Prestige Group's strong reputation adds to the value of these properties.

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