Prestige WestWoods
Prestige Westwoods – Overview
Prestige West Woods, an elegantly designed home with seamless blend of sophistication, comfort and style. Our residences at Prestige West Woods invite you to experience the exceptional.
Luxurious, aesthetic homes planned with a profound understanding of our customer’s needs. The project is generously landscaped with a fully featured club house, modern amenities and best-in-class supporting civic amenities.
Located near Magadi Road, off Dr. Raj Kumar Road, Rajajinagar, Prestige West Woods is well connected to major localities of Bangalore
Prestige Westwoods – Configuration
Total Land Area: 7.1 Acres
Total floors: 22 – 28 Floors
Total Blocks: 5 Blocks
No. of Units: 567 units
Size range: 1253 sqft – 2746 sqft
Unit type:
2 BHK - 1253 to 1268 sft,
2 BHK+Study – 1357 to 1376 sft,
3 BHK - 1615 to 1776 sft,
4 BHK – 2579 to 2746 sft
Prestige Westwoods – Expected Possession
2017 onwards
Prestige Westwoods – Location
Off Magadi Road, Rajajinagar, Bangalore, Karnataka 560023
Location USPs:
Proximity
Magadi Road Metro Station: 700 m
Bangalore City Railway Junction: 1 km
Rajajijnagar: 1.5 km
Vijaynagar: 2.5 km
Malleshwaram: 3 km
Educational Institutions: (approximate distance)
Venkat International Public school – 1 km
MES Educational Institute – 0.5km
National Public School – 1.6km
Carmel High School – 2.4km
Nijalingappa College – 2 km
Bangalore Medical College – 3.7 km
Hospitals: (approximate distance)
ESI, Block 3, Rajajinagar – 1.6 km
Fortis Hospital – 3 km
Cloudnine Hospital – 3.3 km
Sneha Maternity Centre, West of Chord Road – 5.0km
Fortis , West of Chord Road – 5.0km
Manipal North Side, Malleshwaram – 3.5 km
Shopping Centre: (approximate distance)
Shoppers Stop - 2.5 km
Mantri Mall – 2.6 km
Gopalan Mall – 3.5 km
Chickpet Market – 3.7km
Places: (approximate distance)
Basavanagudi – 5.5 km
Majestic, Gandhinagar – 2 km
Yeshwanthpur, Industrial Area – 3.2km
K. R. Circle – 3.8km
CMTI, Peenya – 4.7km
Mysore Road – 6 km
Surrounding Developments
Improved infrastructure leading to development in Bangalore West
Bangalore west is a market that is coming of age. One of the early residential areas with industrial growth, this region has now opened out to witness stand-alone commercial and integrated developments. Connectivity has led to a significant boost in the development of this region – the Tumkur Road highway, improvements to Mysore Road and Magadi Road with connectivity enhanced through the Outer Ring Road (ORR). With the Metro line soon to be inaugurated between Peenya and Sampige Road, commercial property development will receive another boost.
Ram Chandnani, Deputy Managing Director – South India, CBRE South Asia, elaborates, “Localities in Bangalore west lie within an 8-10 km radius from the Central Business District (CBD), along with the required social infrastructure growth. Over the years, it has primarily developed into a residential hub with Rajajinagar, Basaveshwaranagar, Malleswaram, Yeshwanthpur, Mathikere, Mahalakshmi Layout, Nandhini Layout and Chandra Layout being some of the prominent localities. Although currently not seeing much commercial development with the exception of a prominent mixed development project, this is expected to change with Metro connectivity and quality residential developments coming in.”
“Commercial development in Bangalore west is still at a very nascent stage with handful of Grade A developments. Office space in this micromarket is typically characterised by Grade C standalone buildings having average size of 10,000 sqft,” says Naveen Nandwani, Director – South India, Cushman & Wakefield.
Factors pushing commercial growth
According to Ram, factors pushing growth in this micromarket are future Metro connectivity, rise in Grade A residential developments, enhancement in social infrastructure, proximity to the airport, improvement of infrastructure through the NICE corridor, State Highway development projects connecting to Mysore, and industrial development in Kumbalgodu, Kengeri and Bidadi.
He adds, “Owing to these, Rajajinagar, Magadi Road, Jalahalli and Mysore Road have emerged as commercial hotbeds. Some emerging trends in the region are mixed use developments promoting the ‘walk-to-work’ concept, small to mid-sized stand-alone commercial buildings which are more suitable for corporates looking for smaller office spaces, and tech parks due to proximity to Mysore, residential catchments of west Bangalore and the NICE corridor.”
Naveen explains, “Considering the commercial space market, the west still remains largely unexplored. Office space developments in this quadrant are still to witness growth on the lines of commercial development in Electronics City, Whitefield and now along the ORR belt (Sarjapur Road to Hebbal). Further, areas such as Mysore Road with sizeable land parcels are yet to see significant growth in terms of residential catchments and support infrastructure. However, Mysore Road was the first to witness quality supply in 2001 followed by Malleswaram in 2010.”
With connectivity augmented through various civic infrastructure projects such as the upgraded NH-4 and the upcoming Metro line, this region is opening up to further residential, industrial, commercial and retail growth. “The rise in the popularity of this micro-market can be attributed to three key reasons – the availability of land parcels that provides room for future development of healthcare, entertainment and other aspects of social infrastructure development; large and steadily growing industrial hubs as economic activity is directly correlated to residential growth; and improved connectivity through the NICE Ring Road that provides easy access to Hosur,” Ram states.
Bangalore west — scenario
Research by Cushman & Wakefield indicates that Grade A office space in the west comprises SEZs and other commercial spaces. SEZ space accounts for close to 48 percent of the total stock in the west. Operational Grade A commercial office stock measures around 3.3 million sqft with no under-development stock currently.
Other office space buildings primarily belong to the Grade C category. The organised office space development in the region stands at three percent of the total stock.
Naveen explains, “Companies already present in this micro-market and looking to expand in quality commercial spaces are moving towards locations such as the ORR. This is due to competitive rentals, proximity to residential catchments, and good connectivity to central and suburban locations of the ORR belt.”
Areas with potential
Naveen says, “In the long run, Mysore Road can be anticipated to emerge as a commercial destination due to availability of land, upcoming Metro and connectivity through NICE Ring Road.”
“Areas with potential as future commercial hotspots in the west are Mysore Road, Magadi Road, Rajajinagar, Tumkur Road and Jalahalli,” Ram adds.
Source: Times Property, The Times of India, Bangalore
Realty expansion in West Bangalore
West Bangalore is witnessing an influx of luxury residential units as large business houses are looking for luxury living. Developers are coming up with luxury options in this part of the city. In North West Bangalore, capital values have increased from around Rs 4000 per sq ft to the range of Rs 6500 to Rs 12,000 per sq ft within a period of four years.
The area is a gateway to rapidly developing NICE corridor and places like Tumkur Road and Magadi Road could well become the next IT hub in Bangalore. Land availability and comparatively affordable price range implies that the western part will feature as a bright spot in Bangalore luxury real estate. The region also brings in hope of good returns for long term investors.
Source: Common floor
Prestige Westwoods – Master Plan
Prestige Westwoods – Block Plan
Prestige Westwoods – Floor Plans
Prestige Westwoods – Features
Club house with Gym,
Badminton court,
table tennis,
Billiards,
Board games,
Health club,
Provision for Super market
Swimming pool,
Jogging track,
Kids play area
Prestige Westwoods – Price Details
Base Price:
Rs.8000/sft -(3 BHK),
Rs.8200/sft -(4 BHK)
Click Here to Download —->Prestige Westwoods-8000
Prestige Westwoods – Plus Points
Centrally Located – already developed area
Competitive pricing
Good Appreciation after completion
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Concerns
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About Builder Profile
The Prestige Group owes its origin to Mr. Razack Sattar, who envisioned a success story waiting to take shape in the retail business in 1956 itself.
Prestige Estates and Properties was setup in 1986 growing swiftly to become the leading property developers in Bangalore.
Prestige Court on K.H. Road in Bangalore set the pace and with over 153 developments covering 38.5 million sq ft of developable area to its credit, Prestige constructions now house a very large populace residing in South India.
Also, Prestige hosts some of the biggest MNCs in business here with residential,commercial ,retail and hospitality developments on the cards approximating 61.4 million sq. ft. just in area.
A presence in the retail sector with multiplexes and malls, Prestige has built for itself a name in property development.
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