Prestige Misty Waters

The logic behind the plan is straightforward: put the buildings at the perimeter, preserve the middle green and give each phase its own social heart. Phase 1 occupants will have a primary clubhouse adjacent to the pool and sun terrace, and Vista Tower will have its own clubhouse at the south end of its arm. The entire land is encircled by a perimeter belt of trees and open space is about 70% in portal listings. That design means most living rooms face greenery or open sky, not the windows of a neighbouring tower.

Phase 1 has compact 2 BHK homes of about 1,134 sft to spacious 4 BHK abodes of around 2,483 sft. Vista Tower comprises of 4 efficient layouts ranging from 1339 to 1693 sft with 2 BHK + Study apartments with carpet efficiency reaching over 71%.

For buyers who want to compare ready to move luxury apartments in North Bangalore, the advantage of this project is certainty. The towers are in place, the finishing can be seen, the association manages the estate and the neighbours are already there. There is nothing about delivery that is date-dependent.

The Vista Tower floor logic is incomplete without this overview of Prestige Misty Waters. Each typical floor from level 3 to 20 consists of six residences surrounding a central centre - two 2 BHK + Study homes and four 3 BHK homes. Level 1 has five, because the entrance lobby occupies the footprint of one unit. Such small floor plates allow for fewer neighbours per lift lobby and greater corner exposure to light and air. Of the 119 units in the tower, over two-thirds are 3 BHK types, a combination that suits families working in the adjacent business parks.

Kempapura is located on the stretch of Outer Ring Road between Hebbal and Manyata Tech Park and Prestige Misty Waters Hebbal Bangalore is in one of the quieter areas of this area. The site is located along ORR service road past Bethel AG Church with Jain Heritage School and Kidzee in vicinity. Southeast has Nagavara Lake and Lumbini Gardens around 1 km and Hebbal Lake is around 1.5 km across the flyover to the west. You don't get water, greenery and arterial access that near to a large office strip every day.

Demand in much of the area is fuelled by work. Kirloskar Business Park is around 2 km, Manyata Embassy Business Park is around 2.5 km and Karle Town Center is around 3.5 km. There are L&T Tech Park and Bhartiya City also in a radius of 7 km. Short commutes for residents, a deep and reliable pool of tenants for owners. Hospitals are close by too, Manipal Hospital Hebbal, Aster CMI and Bangalore Baptist Hospital are all within 2.5 km.

The next chapter in the location is transport. Kempapura (at about 1 km) and Veerannapalya (at about 2.3 km) on Blue Line are part of the airport line’s Phase 2B, now slated for 2027-28. Hebbala station will be developed as a three line inter-change. The ORR peak hours between Hebbal and Manyata can be slow until the metro opens and buyers should keep that in mind. Airport is at a distance of 40-50 minutes, MG Road is at a distance of 30-40 minutes in off-peak times.

The Esteem Mall is around 1.8 km, Elements Mall is about 3.7 km and the Phoenix Mall of Asia is about 5 km. Schools nearby are Jain Heritage School next door, Sindhi High School, Kendriya Vidyalaya Hebbal and Trio World Academy. Mallya Aditi International School and Canadian International School are located further north in Yelahanka.

All these characteristics define the investment potential of Prestige Misty Waters. We help customers weigh the commute trade-offs against the long term benefits of the metro area.

In the last 10 years, North Bangalore was converted into the choicest residential location in Bangalore, India's biggest technology jobs hub. Hebbal is the northern gateway to the city center and Kempegowda International Airport as NH-44, Outer Ring Road and Tumkur Road converge here. That position explains why there is still a strong demand for luxury apartments in Bangalore near Airport Road over several market cycles.

Hebbal prices have moved drastically. In the bigger Hebbal market, the average flat costs are at Rs 15,950 per sft, ranging from over Rs 11,450 to Rs 19,100 per sft. In three years values increased approximately 72% and in ten years roughly 267%. The area around Misty Waters, Kempapura, has seen roughly 75% rise in three years, with an average of close to Rs 16,450 per sft, but the last year has been flat as the market solidified.

There is a scarcity of completed residences from Grade-A developers. Most of the new launches in the corridor are years away from completion and several are in the Rs 21,000 per sft band and above. That means the primary option for purchasers who want to move in now is resale apartments in North Bangalore from reputable names. Thus, buyers looking for Prestige ready to move flats in North Bangalore are competing for a small pool of listings and well-maintained homes tend to get takers quickly.

Infrastructure spending is behind the trend. Phase 2B of the airport line would connect KR Puram to Hebbal and then to the airport. Hebbala station will be an interchange station connecting three metro lines. Every enhancement shrinks the time needed to get from the northern suburbs to the rest of the city, increasing the pool of potential residents able to live here and work elsewhere. Kempapura and other areas near to the station are right on that alignment and buyers keep a careful eye on them.

This combination of connectedness and quiet is hard to come by in any of the Prestige ready to move apartments in Bangalore. Manyata, Karle Town Center and the airport corridor are adding houses to the north with office growth.

Vista Tower is registered with the Karnataka Real Estate Regulatory Authority vide RERA number PRM/KA/RERA/1251/309/PR/181010/002053 under the Prestige Misty Waters with acknowledgement number ACK/KA/RERA/1251/309/PR/180614/002343. The project is being undertaken by Prestige Southcity Holdings and it has been approved by BDA.

The Prestige Misty Waters is clear on possession status on both counts. Karnataka RERA has listed Vista Tower as completed and Phase 1 consisting of 4 buildings was handed over around July 2017. The Phase 1 record is maintained by the approving authority and the owners’ association, and predates the RERA registration mandate, and is not available on the RERA portal. Buyers of Phase 1 residences should get occupancy certificate and other completion documentation for that particular tower from the sellers.

The registration provides buyers with a public record of the Vista Tower’s vital information. The listings include 119 residences, total carpet area of 11,658 sq m in dwellings, 910 sq m of unique balcony area and 23 parking places for sale. The land area in record is 8,093 sq m with 5,159 sq m covered area and 2,934 sq m open area. These entries can be cross checked with the help of registration number through the portal of Karnataka RERA.

Karnataka RERA also mentions the size of the phase. The record indicates the cost of land is Rs 55.36 Cr and the anticipated cost of building is Rs 56.85 Cr increasing the total project cost to Rs 112.21 Cr. These are numbers for one tower with 119 units of housing, so you get an idea of the investment per level. All line items from carpet area to parking are in public domain and can be cross checked with seller’s paperwork throughout the time of due diligence.

On paper it still needs caution on Prestige Misty Waters resale home purchase. We advise the buyer through the title chain, selling deed, Khata, encumbrance certificate and association NOC and check any existing loan on the unit before an agreement is signed. This makes the Prestige Misty Waters RERA record part of a more complete due-diligence file for each house.

Prestige Estates Projects Ltd is one of India’s leading listed real estate developers with its headquarters located at The Falcon House, Main Guard Cross Road, Bengaluru. The group was founded in 1956 and the corporation was founded in 1986. The business encompasses residences, offices, retail, hospitality and rentals across Bengaluru, Chennai, Goa, Hyderabad, Kochi, Mangaluru and Mysore.

Prestige Group Misty Waters brochure promise a green, well-designed enclave close to everyday amenities, but away from traffic, and the completed community fulfils that need with its manicured belt and two clubhouses. This comprises CRISIL DA1 rating for the developer and CREDAI Bengaluru membership. FIABCI has also recognised its work in the residential and commercial sectors.

The brand has become one of the most renowned brands in the Hebbal – Yelahanka belt, with its prestige projects along the airport corridor in North Bangalore. That reputation counts at resale. Tenants from Manyata and Karle Town Center regularly ask for Prestige homes by name. Buyers are willing to pay for the confidence that comes with the proven track record of a recognised builder, both on finish and after sales.

The developer reveals itself in the delivery pattern of Misty Waters. Phase 1 was started in August 2012 and was turned over in around July 2017. Vista Tower was started in July 2018 with an extended completion date of February 2022 during a time of pandemic disruption across the sector. The two stages sold out and the association currently manages the estate.

Buyers are occasionally looking for Prestige Constructions Misty Waters Hebbal, which is the developer’s long-standing site name. Regardless of the name they use, the project on the ground is the same finished village off the Outer Ring Road. Phase 2 developed by Prestige Southcity Holdings, the promoter entity recorded in the RERA record. We help buyers read that record with the delivery history of the developer more broadly.

Owning an apartment here means owning a portion in a managed, gated complex, rather than a freestanding structure. The association looks after security, common services, lifts & gardening and 100% DG back-up is provided for houses & common spaces. For those who travel or live overseas, shared management means less hassle looking after a home. Clubhouses, sports courts and a pool that would be expensive to maintain on your own are a boon for owners as well.

Among luxury apartments in Hebbal, these homes stand out for their finish. The entrance, living and dining areas are done up in imported marble and the master toilet is done up in marble on floor and walls till false ceiling. Bedrooms with wooden laminate , balconies with anti skid tiles and windows with 3 track upvc.

These Prestige flats in Hebbal also offer flexibility with time. Today a 2 BHK + Study might be a home office and eventually a child’s room. The bigger 3 and 4 BHK homes in Phase 1 are a good fit for families of all ages, while the smaller ones are suitable for those looking for less maintenance. These are Prestige Misty Waters apartments which are ready to move-in. The buyer knows exactly the layout, floor and view he is paying for and there is no waiting period between purchase and usage.

Planning ownership here is also easy. Major banks with home loans have resale units available and as the project is complete no GST is levied. Stamp duty and registration will add around 7.6% of the purchase price, including association transfer fees and advance maintenance. So, if you are looking for ready to move flats at Prestige Misty Waters you may plan your entire expenditure upfront and need not bother about any construction-linked payments to track.

These are Prestige Misty Waters resale apartments thus there is no developer Prestige Misty Waters payment plan. The buyer and seller agree on the timing, usually a nominal amount up front and then the rest when registered, often with a mortgage. We work with the lenders and the sellers to ensure that the process from agreement to Khata transfer is in the proper sequence.

The investment case is made up of three things: a completed Prestige product, a deep tenant pool and a metro line coming. Not too many choices in Hebbal for flats from Grade A developer. Misty Waters is trading below the Kempapura average, and there is space for values to catch up. New releases also let consumers avoid the risk of construction and delivery. The table below displays the change in wider market prices.

The second aspect is demand for rentals. The professionals working at the Manyata Embassy Business Park, Karle Town Center and Kirloskar Business Park want to rent the Prestige Misty Waters apartments. The rental yield for an A-class developer like Prestige Misty Waters is 3.5-4% of the property cost per year for a semi-equipped house and 4-4.5% per year for a furnished house. Live listings show Prestige Misty Waters rents ranging from about Rs 44,000 to Rs 1.3 lakh a month, depending on the size, décor and floor.

Third reason is supply. As the developer himself has sold out and there is considerable demand for flats on rent near Nagavara Lake throughout the year, Prestige Misty Waters rental apartments are available only with the owners. Prestige Resale Apartments Near Manyata Tech Park are hot favourites for investors and tenants, and Prestige Resale Flats Listings in Hebbal are limited to the owners willing to sell.

Association maintenance, property tax, and metered DG back-up rates all play a role in the net returns. We incorporate them in all the projections we give. Furnished properties are in the 4-4.5% band while partly furnished homes are in the 3.5-4% bracket, he said. Either way, you don’t have to wait out any construction period, so rent starts the day you sign your lease.

Any Prestige Misty Waters investment carries trade-offs. ORR traffic will be bad until 2027-28, but that’s a target, not a certainty, and metro timetables have changed previously. Phase 1 towers are about 9 years old, therefore should assess unit condition and sinking fund of association.

If you are looking for Prestige Misty Waters reviews, you probably want to know three things, how well the properties have held up, how the estate is maintained and what living there is like on a day to day basis. The strongest indicator is demand. All the properties in all the stages of the project have been sold out and is now only changing hands through owner resales which is a sign of a healthy flow of interest from purchasers who know the community.

Location is often commended by residents in the chats we've had. Proximity to Manyata, Kirloskar Business Park and Karle Town Center implies less time on commute. Nagavara Lake gives this suburb an open, green ambiance, which is not the case in most of North Bangalore. The two clubhouses, the pool and the courts within the gate provide a complete range of activities for the family and the surrounding tree belt guarantees quietude for the estate even when it is near the busy arterial road.

Buyers of Phase 1 properties are asking about the age of the fixtures in towers handed over around 2017 and ORR traffic at peak hours is the biggest worry. Instead of trusting just one Prestige Misty Waters review found online, we urge that potential buyers visit the towers, interact with residents and research the association records before making a decision.

Live offerings include residences in 2.5- and 4-BHK formats of Phase 1 and flats in the Vista Tower. Rental listings range from a variety of sizes and furnishings. Years after handover, the address continues to attract interest with active buyers and tenants on both sides of the market. We keep track of these listings so buyers may see how similarly priced homes in the estate are selling and how fast they are selling.

No testimonials or reviews are written on this site. Instead we schedule site visits at opportune times for buyers to observe the lobbies, clubhouses and landscaping in use every day. The association's record of upkeep and direct experience is a better measure than any composite score. Our experts can also put serious purchasers in touch with the association to discuss upkeep and scheduled works. You can go to a Vista Tower and a Phase 1 tower on the same day so it’s easier to compare side-by-side.