Prestige Olive Oak Investment

Featured Image of Prestige Olive Oak Investment


With a Prestige Olive Oak investment, one can own a well-developed Prestige plot in North Bangalore. The project spans 30+ acres on Chapparkallu Road in Bettenahalli. Its master plan features 600 plots from 1,200 to 1,500 sq ft, with odd-sized plots too. Prices start at an attractive Rs. 1.38 Cr, which suits many buyer’s budgets.

Why Consider an Investment in Prestige Olive Oak?


The project offers several benefits to investors, including:

  • Location and Connectivity: It is in the north zone’s growing airport corridor. It can be reached by major roads like NH44, Doddaballapura Road, and IVC Road. Kempegowda International Airport is about 15 kilometres away, reached via IVC Road and NH44. The area is seeing many infrastructure developments, like the upcoming Namma Metro Phase 2B Blue Line. The Yelahanka Station is 8.1 kilometres away and, once complete, will be the project's metro access point.
  • Flexibility: The project appeals to investors as they can build their own homes. The plot format gives buyers greater flexibility in planning their homes, with options for future changes. These are ideal for buyers who prefer standalone homes.
  • Choice of Plots: The project has Type A, Type B, and odd-sized plots for the investor to choose. The regular price is Rs. 11,500 per sq ft. It is Rs. 10,000 per sq ft for buyers registering an EOI. The price can change based on the direction, location, etc. Prices currently are:
Unit Type and Size EOI Rate Regular Rate
Type A – 1,200 sq ft Rs. 1.20 Cr Rs. 1.38 Cr
Type B – 1,500 sq ft Rs. 1.50 Cr Rs. 1.73 Cr
  • Note: Prices shared here are base prices. These exclude statutory charges, stamp duty, registration, maintenance deposits, etc.
  • Amenities: The project is a lifestyle-focused community and not just a collection of plots. It has 50+ amenities, such as a clubhouse, pool, and spa, within a secure perimeter. It also has 4.5 acres allocated to open spaces.
  • Brand Guarantee: The Prestige Group has been in the business for more than 40 years. Its CRISIL DA1+ rating reflects its excellent project execution and high quality. Investing in the plots means owning thoughtfully planned property that is well-developed.
  • Excellent Returns: Because of the quality of the Prestige Group, these plots will have an excellent resale value. The project is in the growing North Bangalore area, which is seeing rising prices.

What Investors Must Look Into


The project is now in its pre-launch stage, and approval from Karnataka RERA is awaited. Buyers must check all details on the official portal before they book a plot. Some of the other details they must look into are:

  • Land ownership records
  • Land title
  • Plot sizes and boundaries
  • Cost sheet
  • Payment schedule
  • Extra charges to be made
  • Demand
  • Infrastructure and connectivity of the area

Is it Good to Make an Investment in Prestige Olive Oak?


Yes, Prestige Olive Oak is a good choice for investors in the long term. The benefits of the project are its well-planned layout with many plot sizes. The pre-launch prices are also very attractive. It is appealing because it is in a growing area and can be easily reached.

FAQs


1. What is Prestige Olive Oak?

The project is a luxury plotted development on 30+ acres in North Bangalore.

2. What are the sizes of plots in the project?

The project has plots of 30x40 ft and 30x50 ft. There are also odd-sized plots available.

3. What is the starting price in the project?

The regular price is Rs. 11,500 per sq ft, with a starting price of Rs. 1.38 Cr. Buyers who express EOI can access plots at a rate of Rs. 10,000 per sq ft.

4. Has the project obtained RERA approval?

The project is currently in the pre-launch stage, and RERA approval is pending.

5. What is the location of Prestige Olive Oak?

The plotted development is at Chapparkallu Road, Bettenahalli, North Bangalore.

6. Is the project suitable as a long-term investment?

Yes, located in the fast-growing North Bangalore corridor, the project is suited for long-term investment. However, ROIs will depend on market conditions, future demand, and development of the area.

Enquiry
Enquire Now