What is Prestige Royal Woods and where is it located?
Prestige Royal Woods is a luxury gated villa development spread over 24 acres of land on which 152 Independent Villas, a Clubhouse and all infrastructure are being built.
The elevation and streetscapes are tastefully designed. Careful attention has been paid to space planning and the villas are designed to have ample setback areas. The villas are of 3 & 4 bedroom configuration and have ground+1 upper floor. Select villas will have private swimming pools.
Prestige Royal Woods is located in the quiet neighborhood of Kismatpur off the ORR connecting Gachibowli to the Airport. The closest intersection is the APPA Junction.
When approaching the property from Jubilee Hills it is situated off the Mehdipatnam – Langer house – Banglaguda (APPA Junction) Road which is Radial Road No:3. Deviation to be taken opposite Kalimata Mandir.
Prestige Royal Woods is adjacent to AP Excise Academy and Army property
What is the distance from Banjara Hills & the airport?
Prestige Royal Woods is 14 kms from Banjara Hills, a drive of approximately 30 mins. It is 11 kms from the airport – NH7 junction.
What is Prestige’s vision for Prestige Royal Woods?
Prestige wishes to bring to Hyderabad the same unparalleled gated community villa experience which has won us many accolades in Bangalore for our premium
developments Prestige Ozone, Prestige Bougainvillea etc.
Who are the key designers for Prestige Royal Woods?
Architects – CPG Consultants India Pvt. Ltd.
Landscape – Peridian India Pvt. Ltd.
Both designers are headquartered out of Singapore and have considerable experience in real estate development projects.
Who are the Legal Advisors?
M/s. Dua Associates, Hyderabad
What are the key features of Prestige Royal Woods?
A significant feature of Prestige Royal Woods is its large extent of circulation space in the form of parks, landscaped areas and a central avenue with water bodies. Besides, internal roads are 12m & 9m wide respectively.
The grand entry to Prestige Royal Woods sets the tone, mood and expectation. The entrance court is carefully designed with extensive landscaping and provides an impressive arrival experience.
Each independent villa has ample set back areas and the overall development has been carefully master planned to provide all the conveniences of a gated community.
What are the different types of homes?
The villas are of 3 & 4 bedroom.
Will this Project be a phased development & what is the timeline for completion?
Prestige Royal Woods is not a phased development.
The marketing launch is planned for September 2010. Completion of the development will be 36 months from the date of commencement of construction scheduled for
Will each plot be demarcated?
Each plot will be demarcated by picket fences / hedges. There will be no compound wall between villas.
Is the entire development compounded?
Yes, Prestige Royal Woods will be a gated community.
Are modifications permitted?
Prestige Royal Woods has been master planned with a theme in design and external and internal finishes have been carefully chosen. Considering the timeline of delivery and the theme we are unable to accept changes/modifications
What are the amenities provided at Prestige Royal Woods?
The amenities are provided within the property and in the clubhouse. They include:-
Full fledged gym, swimming pool, 2 party halls, multipurpose hall, provision for a convenience store, badminton court, squash court, billiards, administrative office, tennis court, health club, cards room and table tennis, all aiming to facilitate healthy community living.
Who will be the owner of the clubhouse?
The owners of the villas will collectively own the clubhouse.
Is there a membership fee to the clubhouse?
Membership to the clubhouse will be free of cost to the owners of the villas. However, usage charges for the facilities will be applicable.
Are the club facilities open to non residents of Prestige Royal Woods?
The clubhouse is exclusively for the residents of Prestige Royal Woods and their guests.
What is the source of water?
Water will be obtained through the available ground water & municipal supply based on feasibility. A water recycling plant, rainwater harvesting and other methods for optimum use of water resources are planned.
Do the independent villas have individual overhead tanks?
There is a centralized overhead tank situated above the clubhouse.
How do I get an allotment?
Fill the Booking Application Form indicating your choice of villa and reach it to us along with your cheque/DD for ` 15,00,000/- being the booking amount favoring ‘Prestige Estates Projects Ltd’.
An acknowledgement for the booking will be issued on realization of the booking amount.
Based on your application and priority we will be pleased to offer the available villa of
On confirmation of the villa of your choice you will be required to make the necessary payments towards the balance of 15% of the sale value within 30 days along with the post dated cheques as per the payment schedule.
A formal allotment letter will be issued within 7 days of receipt of 15% of the sale value and PDCs.
Allotments will be at the sole discretion of ‘Prestige Estates Projects Ltd’.
What happens thereafter?
Formal Agreements will be issued for execution.
How are the installments to be paid? Is it time bound?
Installments are to be paid by way of Post Dated Cheques which is a pre-condition of the allotment. The schedule of the payment is mentioned in the pricing chart. The payment is not linked to the progress of the construction but on a time bound basis as the delivery date has already been established.
Will Prestige sell only plots?
No. As this is a planned development all villas are being constructed and sold.
Are all plots of the same size in each of the categories?
There are variations in plot sizes.
Can I make 100% down payment? How do I benefit?
Yes, you can avail of a discount on 100% down payment. However, this scheme/offer will be valid for a limited period from the date of launch.
Will there be a validity for the price list?
The price list will be subject to change from time to time.
What are the other additional amounts to be paid at the time of handing over?
Electricity and Water Charges, VAT, Advance Maintenance Charges & Sinking Fund, Mutation & Assessment Charges, Registration Charges, Stamp Duty and any other taxes as applicable are payable at the time of possession based on the then prevailing guidelines.
What happens if I cancel my booking?
Cancellation of booking will attract a cancellation charge of 1% of the total sale value of the villa up to the stage of Agreements. Thereafter, the cancellation charges will be 10% of the sale value. Refunds will be effected only on resale of the unit.
What is the type of documentation to be executed?
The documentation consists of Agreement to Sell & Agreement to Build. This will be followed with a Sale Deed at the time of possession.
When will registration take place?
Upon completion of the entire development and receipt of full payment towards the sale consideration including the additional amounts and on handing over possession, registration will be carried out by lawyers appointed by us.
Can I sell my property after I make my first payment?
Transfer is subject to payment of 15% of the sale value + 3 installments, signing of Agreements, payment of transfer fees & compliance with the Terms & Conditions and is at the sole discretion of Prestige.