Prestige Falcon City Luxe's possession date is planned on 31 August 2031 and will take 5 years of construction time from the launch. It is currently in the pre-launch phase, and the project has applied for all required legal approvals, including RERA. Once Karnataka RERA and other authorities approve it, the project will be launched and opened for booking.
The possession date is nothing but the completion date of the project when the builder completes the development process. It refers to the day the buyers obtain the official ownership of the property.
After the possession date of the project, the builder will hand over the property to the owner. With an Occupancy Certificate (OC) issued by the local municipal authority after construction is completed. OC signifies that the property is legally safe and secure to be occupied.
Prestige Falcon City Luxe is an upcoming luxurious residential project spreading over 41 acres of land area with 75% open space. The project is one of the largest townships with residential and commercial spaces in South Bangalore, strategically located in Konanakunte, Kanakapura Main Road. Offers vastu-compliant flats in 2 premium towers, which are tower-6 and tower-7. Each tower is in a G+30 floor structure.
Prestige Falcon City Luxe is Phase 2 of the Prestige Falcon City residential township plan. Phase 1 is completed with all the developments, and it is totally occupied. It features 2520 luxurious apartments in 2, 3, and 4 BHK configurations in 2 towers. The super buildup of the flats ranges from 1204 Sq—ft to 2726 Sq. ft.
Highlights of Prestige Falcon City Luxe Project
A 2 BHK apartment ranges from 1240 sq ft to 1379 sq ft. The Prestige Falcon City Luxe 2 BHK price starts at ₹1.4 Cr onwards.
A 3 BHK flat ranges from 1830 sq ft to 1970 sq ft, and a 4 BHK flat ranges from 2450 sq ft to 2726 sq ft. The 3 BHK apartment price is ₹2 Cr onwards. A 4 BHK flat price starts at ₹3 Cr onwards.
All the flats have spacious balconies with big sit-outs. The flats are smartly planned to allow cross ventilation. All units will have a lot of natural light to enable optimal use of the area.
The most reputed real estate builder, Prestige Group, always delivers projects on the promised date. The payment structure in the projects is smartly planned to be completed within the Prestige Falcon City Luxe Possession Date with equally divided installment options.
At the time of the Prestige Falcon City Luxe possession date in Bangalore, it is expected to be highly appreciated in the property price. It will be offering the best resale value and rental return for investors. It is due to the high demand of the location, great connectivity, and proximity to all the essential needs of daily lifestyle.
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