Prestige Palm Residences-Phase-I

Project facts and comparisons

Source: K-RERA. Each comparison names the group of projects used.

Project areas, parking and inventory

K-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.

K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 24 official flat/unit rows, matching the 24 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.

Legal, Approvals & Project Team

Litigation status was not supplied in the captured record. This is not confirmation that there are no cases.

15 of 35 compliance document slots are filed as Not Applicable; the remaining 20 slots have usable uploaded filings.

✓ Completion certificate (OC) is on file.

K-RERA names 3 project professional/vendor rows across Architect, Contractor, Structural engineer. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.

Prestige has 81 other K-RERA-registered projects in our records — grouped across the several project-specific entities this developer registers under (e.g. this project is filed as “Prestige Estates”) (average reported construction progress 64%). 53 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder.

Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.

Financials & Construction Progress

No quarterly financial disclosures on record — expected for a project that's already received its completion certificate and stopped filing quarterly updates after handover.

Declared construction cost ÷ registered units averages to ₹106.4 lakhs per unit — the developer's own declared construction/development cost, not a unit agreement or asking price. This project-cost average cannot establish whether a quoted unit price is fair. Compare the exact unit, area basis, date and included charges in any price evidence.

RERA 70% project account is on file: KOTAK MAHINDRA BANK Lavelle Road (IFSC KKBK0000422, a/c …8143). RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.

K-RERA has 1 project-photo upload.

These are developer-uploaded progress photos in the official document catalog. We do not treat them as proof of current site condition; use them as a prompt to ask for newer dated photos or a site visit. Individual filings are listed in the document catalog below.

Location & Connectivity

The nearest of the listed job hubs is about 6 km in a straight line from the mapped location. Road distance and travel time will differ.

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.