Where and what is Prestige Song of the South?
Prestige Song of the South is located in Begur off Bannerghatta Road, Bengaluru. This is a premium residential development, set in about 33 acres of land consisting of 2,234 apartments spread across 7 blocks with 16 towers. (Address: Begur – Koppa Rd, Bengaluru, Karnataka, India)
What is its distance from M.G. Road?
Prestige Song of the South is about 16.3 Kms from M.G. Road and 3.3 Kms from Meenakshi Mall, Bannerghatta Road.
Who is the Architect for the Project?
The international architecture firm, R.S.P. Architects, is the key designer for Prestige Song of the South.
What are the different types of Apartments and what are their sizes?
There are a number of sizes and configurations available from 1 to 4 bedrooms. Please feel free to get in touch for more information.
Is there a Clubhouse, if yes, what are the facilities?
Prestige Song of the South will have an elaborate clubhouse with amenities including a Library, Crèche, Mini Theatre, Health Club, Tennis Court, Swimming Pool, Kids’ Pool, Outdoor Party Area, Banquet Hall, Gym, 2 Badminton Courts, 2 Squash Courts, Snooker, Table Tennis, Other Indoor Games, Kids’ Play Area, and provision for a Convenience Store.
Is this a phased development? What is the timeline for completion?
The development will be taken up in two phases and is expected to be ready for possession from mid-2019 onwards.
Is there any differential pricing based on the floors or orientation of apartments?
Yes! There is a differential pricing for apartments. For every level/floor rise, there is an increase of INR 15/- per sqft. In addition to the floor rise, select apartments will also attract a preferential location charge (PLC) of INR 75/- & INR 100/- per sqft. as applicable.
When does the development start and when can I expect to move into my new home?
Construction is tentatively scheduled to commence by Jan 2016 and your new home will welcome you from mid-2019 onwards.
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?
We can provide one car parking space for every apartment. Additional car parking requests will be taken up towards project completion and are subject to availability.
Is the title of the property clear?
Of course! Legal due diligence has been done by M/S. Kusuma Advocates. The land is freehold, marketable and free from all encumbrances.
Has the BBMP/BDA sanctioned the plans?
Yes, the development plans have been sanctioned by BDA. Environmental clearance has been obtained and BBMP approval has been applied for.
How do I book my Home at Prestige Song of the South?
Please identify your Apartment from available options
Fill in the Booking Application Form
Pay the initial booking amount by way of cheque/DD favouring “Prestige Estates Projects Limited” together with the required supporting documents
Balance of 20% of the sale value to be paid by way of a Post Dated Cheque (PDC) dated 30 days from the date of booking
What happens thereafter?
On realization of the initial payment of 20%, you will be required to issue PDCs for the installments within 15 days against which a formal letter of allotment will be issued. Agreements will follow after completion of the allotment process.
When do I get a confirmed allotment?
On payment of 20% of the Sale Value and submission of Post Dated Cheques for the remaining amount, the allotment will be confirmed.
Can I make a 100% down payment?
Yes. This offer is applicable for a limited period only. Please check with the Sales Team for more details.
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. This schedule of payment is on a time-bound basis as mentioned in the payment schedule.
What are the other 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 Statutory Charges and Duties as applicable.
VAT & Service Tax will be collected periodically for the amounts paid.
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, 1% of the sale value will be forfeited before Agreements and 15% of the sale value will be forfeited after Agreements are executed as cancellation fee and the balance will be returned (subject to statutory deductions, if any) without interest.
What are the agreements that need to be signed?
The Agreements that need to be signed are Agreement to Sell & Agreement to Construct, followed by a Sale Deed upon completion of the development.
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 charges. Registration will be facilitated by us through an advocate appointed by Prestige.
What is the process of assignment?
Assignment can be done only after the Agreements have been signed, PDCs given, 3 installments paid and is subject to 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 will be required to retrieve and hand over all letters and documents issued by Prestige to the Bank/Housing Finance Institution along with their NOC
What if Prestige delays the construction and possession?
Our endeavor is to complete & hand over the project as per committed time lines. However, for reasons beyond our control if the project is delayed, Prestige will pay 8%* per annum on the amount collected, which will be clearly brought out in the agreements (*Conditions apply).
Has Prestige Song of the South been approved by Banks/Housing Finance Institutions (HFIs) for loans?
Yes. We will be seeking approvals from all leading Banks/HFIs who will extend loans to customers based on their eligibility criteria.
What is my responsibility for disbursement of instalments through HFIs?
It is the purchaser’s responsibility to ensure timely disbursement of instalments 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 (PDCs) handed over for the instalments will be returned on receipt of the payment from the HFI.
Who will take care of the maintenance of the property?
The maintenance will be taken care of by Prestige Property Management & Services. You can be rest assured that Prestige Song of the South will be cared for by professionals.
What is the scheme for maintenance?
The scheme for maintenance is as under:
A sum of INR 50/- 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 as decided by the Association/Prestige Property Management & Services. All future payments are to be made favouring the property management company.
An additional sum of INR 50/- 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: email@example.com
or Contact us:
Toll Free: 1800-313-0080/Corporate Office Land line: +91 80 2559 1080 or
Meet us at:
Prestige Estates Projects Ltd., ‘The Falcon House’ No. 1, Main Guard Cross Road,
Bengaluru – 560 001