Within close proximity to several business hubs, the upscale 2 and 3 bedroom apartments available at Prestige Silver Crest provide the perfect balance between work and home life. Located just off the Sarjapur-Marthahalli Outer Ring Road, this meticulously planned development consists of 122 apartments spread across 8 blocks, offering not only convenience, but luxury.

Close to work yet tucked away, this lavish and tranquil community offers the best of both worlds. Amenities include a clubhouse, swimming pool, game room, gym, a children’s play area, and more. With so many recreational activities available, Prestige Silver Crest is an idyllic enclave for young and old.

 

Property:

  • Residential Apartments
  • 2 & 3 Bedrooms
  • 2 Acres
  • 122 Units
 

Amenities:

  • Pool
  • Playground
  • Multipurpose Hall
  • Health Club
  • Gym

Contact Sales

Property FAQs

Where and what is Prestige Silver Crest?

Prestige Silver Crest is located off the Marathahalli-Sarjapur Outer Ring Road, Bangalore opposite Prestige’s Cessna Business Park. This is a Residential Development spread over approximately 2 acres of land with 8 blocks, with 122 Apartments in all. (Address: Chandana Bengaluru, Karnataka 560103 India)

What is the distance from M.G. Road?

The distance to Prestige Silver Crest from M.G. Road is 14 Kms.

What are the different types and sizes of apartments?

There are 2BHK, 2.5BHK and 3BHK Apartments. Besides these, there are 2BHKs, 2.5BHKs and 3BHKs with Private Gardens on the Ground Floor as well. Please get in touch for more information.

Is there differential pricing based on the floors or orientation of apartments?

Yes. There is a differential pricing for apartments. For every level there is an increase of
Rs. 15/- per sqft.

Is there a clubhouse and what are the facilities?

Yes, there is a Clubhouse with facilities like a Children’s Play Area, Gymnasium, Party Hall, Swimming Pool and. Click here to view the complete amenities list. All owners get complimentary membership, however usage fee will be applicable.

When does the development start and when can I expect to move into my new home?

Construction will commence by end of August 2012 and your new home will welcome you by end 2014.

Are modifications permitted in the apartment?

The specifications and designs have been carefully worked out. Considering the number of apartments and the delivery date, customization will not be possible in the collective interest of the purchasers.

What about car parking space?

The specifications and designs have been carefully worked out. Considering the number of apartments and the delivery date, customization will not be possible in the collective interest of the purchasers.

Is the title of the property clear?

Of course! You are dealing with Prestige. The land is freehold, marketable and free from all encumbrances.

Has BBMP sanctioned the plans?

The development plan has been sanctioned by BBMP.

How do I book my home at Prestige Silver Crest?

Identify Your Apartment
Fill in the Booking Application Form
Pay the Booking Amount by Cheque/DD (The booking amount is 15% of sale value at the time of booking).

What happens thereafter?

You will be required to provide Post Dated Cheques (PDCs) for the remaining amount within 30 days against which a formal letter of allotment will be issued. Agreements will follow in 60 days after completion of allotment process.

When do I get a confirmed allotment?

On payment of 15% of the sale value and submission of Post Dated Cheques for the remaining amount.

Can I make 100% down payment?

Yes! Please check with Prestige’s Marketing Department for the details on the same.

How are installments to be paid and 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 payment is mentioned in the cost sheet. The payment is on a time bound basis as mentioned in the payment schedule. If cheques are dishonoured, the booking stands cancelled.

Will there be a validity period for the Price List?

Prices are subject to change from time to time.

What are the additional amounts to be paid?

BESCOM & BWSSB Charges, VAT, Service Tax, Sinking Fund, Advance Maintenance Charges, Generator Charges, Khata Assessment Charges, Registration Charges and any other charges as applicable.

What happens if I cancel my booking?

Why would you want to miss out on such a strategically located and meticulously designed project?
However, if you do wish to cancel after booking, a cancellation fee will be applicable. The fee is 1% of the sale value for cancellations made before signing of agreements and 15% of the sale value for cancellations made after signing of agreements. The balance, if any, will be returned without interest.

What are the agreements that need to be signed?

The following agreements need to be signed: Agreement to Sell & Construction Agreement. These are followed by a Sale Deed.

What is the process of registration and when does registration take place?

Registration will be done only on completion of the development and on payment of the entire sale consideration including the additional amounts. Registration will be facilitated by Prestige, through an advocate appointed by our Legal Team.

What is the process of assignment?

Assignment can be done only after the Agreements have been signed, PDCs given and the new party complying with the terms and conditions of the principal agreement. Transfer fee as applicable will be required to be paid. If you have availed of a loan then you have to also retrieve and hand over to Prestige all letters and documents issued by Prestige to the bank/housing finance institution. Requests for assignments will be accepted only after 15% of the sale value and 3 installment payments are paid as per the payment schedule.
Has Prestige Silver Crest been approved by banks/housing finance institutions (HFIs) for loans?

Yes. Leading HFIs have approved the development and will extend loans to customers based on their specified criteria.

What is my responsibility for disbursement of installments through HFIs?

It is your responsibility to ensure timely disbursement of installments from HFIs and no demand will be made by us to the HFIs for the same. To facilitate smooth payments, customers are required to issue a consent letter. Post dated cheques handed over for the installments will be returned on receipt of the payment from the HFI

Who will take care of the maintenance of Prestige Silver Crest?

The maintenance will be taken care of by Prestige Property Management & Services. Now you can be rest assured that Prestige Silver Crest will be cared for by professionals.

An additional sum of Rs. 42/- per sqft. corresponding to the super built area will be collected as sinking fund. This amount will be deposited in an Escrow account and the accruals will be used for major expenditure.

What is the scheme for maintenance?

The scheme for maintenance is as under:
A sum of Rs. 42/- per sqft. will be charged as the advance maintenance fee for the first year and will be collected at the time of closing of your account. From the second year onwards, maintenance charges will be levied on a quarterly basis payable in advance. All future payments are to be made favoring the Property Management Company.

An additional sum of Rs. 42/- per sqft. corresponding to the super built area will be collected as sinking fund. This amount will be deposited in an Escrow account and the accruals will be used for major expenditure.

What happens if I have any more questions/clarifications?

Please email us at: properties@vsnl.com
or visit our offices at:
Prestige Estates Projects Ltd., ‘The Falcon House’ No. 1, Main Guard Cross Road,

Bengaluru – 560 001

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