Prestige Elysian for the Joyful Living

Prestige Elysian is a luxurious residential apartment designed and developed by the most prominent builder the Prestige Group in the prime area of Bannerghatta road, Bangalore. Prestige Elysian property consists of vividly crafted 2 Bhk, 3 Bhk and 4 Bhk luxurious abodes with necessary amenities for the comfortable living of the inmates. Bannerghatta road is one of the most desired locations of the home buyers since it is a perfect amalgamation of the residential as well as commercial spaces. The long stretch connects various parts of Bangalore for the ease of commute of the populace. Hosur Road, NICE Road, and  Outer Ring Road (ORR) are easily reachable from the property and are just a few kilometres drive from Prestige Elysian Bannerghatta road apartment.

Prestige Group is one of the foremost ISO certified land developers and builders of India established in the year 1986. Prestige group has successfully finished 200+ ventures spreading crosswise over 64.12 million square feet of created region. The Prestige Group portfolio is spread over various sectors of market like Residential, business, Retail and Hospitality segment. Presently Prestige group have more than 65 continuous undertakings spreading over more than 67 Million square feet of the zone. Prestige Elysian is one of the top-notch high-end classy residential project undertaken by Prestige Group.

Prestige Elysian apartment is strategically located in the popular location of Kalena Agrahara, Areakere, Hulimavu, JP Nagar, Gottigere, Bannerghatta road, Bangalore is in the proximity of the best of schools, restaurants, universities, ATMs, colleges, Banks, IT companies, recreational hubs and more.

Prestige Elysian

Prestige Elysian Bannerghatta road is in the vicinity of best hospitals like Fortis Healthcare, Sri Jayadeva Institute of Cardiology, and Apollo Hospitals which are known for the world-class healthcare delivery. World-famous Indian Institute of Management Bangalore is also just a few kilometre drives from Prestige Elysian. Recreation and shopping options shall never be an option to be well planned since these can be reached within a few minutes drives. Brand Factory, Gopalan Mall, Shoppers Stop, Vega City Mall, Royal Meenakshi Mall, and many more are also in the vicinity of Prestige Elysian property.

Amenities for a better life in Prestige Elysian

Prestige Elysian is an RCC framed structure that offers a great stability and is designed to offer a high quality life as desired by the buyer amidst a lush green environment of landscaped gardens. Prestige Elysian includes various amenities in the project like a wide swimming pool for the relaxation and refreshment, a well-equipped gymnasium for the regular fitness maintenance, covered car parking area for the hassle and congestion-free parking, fire safety measures for the emergency situation if any, uninterrupted water and power backup for the smooth flow of your routine, CCTV surveillance for the enhanced safety of the residents, yoga ground, jogging track, tennis court and more for the fitness and sports time of the residents. Dedicated kids play area is set up for your children’s to have fun. For an eco-friendly way of living Prestige Elysian apartment also adopts rainwater harvesting method in the premises in order to save water for a better tomorrow.

Hurry and grab the keys of your dream abode in Prestige Elysian Bannerghatta road apartment today!!

Prestige with another prestigious project Prestige Elysian is in the city limits

The unwrapped Elysian by Prestige is an upcoming residential apartment venture in the city limits of Bangalore. Choosing Bangalore, boosting with assorted employment opportunities and the growth in each and every sector is leading migration of people from different walks of life. While the climate is also moderate all through the year, real estate was never moderate. It is always soaring with a heavy competition with multitudinous competitors in the market with innovative ideas and standing on the pinnacle is what Prestige group knows. Always with the same speed rate and advancements, the group has maintained a good reputation and positive goodwill in the words of the customers since its inception in 1986.

All about the Prestige Elysian and the connectivity

Prestige Elysian is located on Bannerghatta Main road, quite opposite to the remarkable Meenakshi mall. This property is finely structured with 2 BHK, 3 BHK and 4 BHK. In a huge open space to create a bond with the Mother Nature and lead a healthy life. All the essential amenities are default in any Prestige project. With all the surrounded essentials nearby and the easy connectivity to travel from any corner and reach any corner. Easy public transport and the upcoming metro line in this way is another easiest route to be in the future. The location was chosen very thoughtfully and outstanding amenities with specifications in it prove the aptness of the property and the construction group as well. As the location is within the city limits many possibilities like the highlighting neighborhood and transportation is wise. Work space and educational institutions along with hospitals, pharmacies, grocery stores, ATM, banks and fuel filling stations are very close by. Residents in the property will experience the pleasant life with all the provisions in your locality. With many more things to mention, Prestige takes the credit of picking the ideal location. They are other interesting tourist points, shopping malls and many more recreational centers too.

Prestige Elysian

Notable essentials around the Willow Tree

Few important things to discuss about the location of the property are:

Hospitals

Any pinned location first looks for the supporting neighborhood and one amongst the list is hospitals. Narayana Nethralaya, Fortis, Imperial (Apollo) Hospitals and Research Center, The Nest Maternity Hospital, Arakere Government Hospital, Shreya Medical Center, Manipal Hospitals and other medical centers like physiotherapy centers, clinics and pharmacy stores also.

Schools

After the medical facilities, the priority is for the education. At least there are ten schools which is just walk able. Finely tuned schools in this locality are the The Little Crest, Sri Chaitanya Techno School, Loyola School, Bangalore Scottish School, BGS School, BGS National Public School and many more. Along with schools there are other familiar colleges and university very close to the property.

Eateries

There are some good recreational places as well for the well-being of the localites for their leisure and amusement. There are parks for children and amusement for the adults and elders. The scrumptious restaurants near the property are Starbucks, Seasons restaurant, KFC, Chavadi, Adyar Anandha Bhavan, Dominos, Oottupura and more.

 Commercially also this place is well progressed and the property never experienced scarcity because of the inadequacy. Prestige Elysian with the best of its kind always helps the Prestige group to gain a positive goodwill.

Residential Spaces in Bannerghatta to Pave the way for Social Infrastructure

It’s important to know what the future holds for us. It’s even crucial to take the necessary steps to prepare for something which isn’t certain. Property investments gives that leverage so you can provide for your loved ones at a time when they need it the most. Prestige Elysian by Prestige properties is one such project which is precisely located at Bannerghatta road in Bangalore. The project provides architectural brilliance from renowned architects and engineers so residents can experience stunning views of landscaped greenery scattered around the project. With fabulous amenities and floor plans devised, residents are sure to experience a sustainable lifestyle. In order to establish key relationships for future business prospects, residents are welcomed to the site to experience the amenities, project specifications and take an entire tour of the property to predict property development from the conceptualization phase until completion. Located at Bannerghatta road, the project enjoys benefits like no other. It is suggested that residents consider investing in emerging locations as opposed to established localities. This helps them build up returns for a formidable future. 

Prestige Elysian

Bannerghatta has witnessed tremendous social infrastructure development which has contributed to numerous realtors coming up with their residential projects. Renowned schools, colleges and medical institutions are in close proximity to the project so residents can provide nothing but the best for their children and go about with their everyday commute with relative ease. Bangalore, known as the IT hub of the nation provides opportunities in the IT sector with high paying jobs. This is a great time for young IT professionals to invest in properties around Bannerghatta to receive high dividends. Plus, presence of IT tech parks is an added advantage for potential investors as they can look for profitable clients for long-term gains. As far as eco-friendly benefits are concerned, the project is in close proximity to the Bannerghatta national park and zoo which is quite a recreational park for children. With the IIM Bangalore campus right around the corner, the land appreciation rates are bound to increase exponentially. Rest assured, residents who are willing to partner with Prestige Elysian are sure to sail through their lives with effortless ease and comfort.

Social infrastructure development around Bannerghatta

Residents, especially first-time property aspirants are required to have an in-depth knowledge about the property sector so they make profitable decisions. Social infrastructure development plays a very vital role in influencing customer purchase behavior. Whenever you visit a property site, it is important to research and analyze the advantage of connectivity and proximity to other parts of the city. With social infrastructure development across Bannerghatta, residents have a terrific opportunity to invest early in order to reap formidable returns. Also, with the proposed metro station in Bannerghatta, customers head to other parts of the city with relative ease. This not only helps people get around to other prominent locations, it even increases the current land prices. Such luxuries cannot be availed in established locations as such areas are already developed and are saturated as far as social infrastructure is concerned.

Amenities or floor plans- What would you consider?

Property investments can be tricky at times. If investors are looking for properties for the very first time, there are various aspects to consider. Now, if residents are happy with the location of the project, other factors come into picture. Should it be mandatory that property developers should devise amenities or floor plans to increase the credibility of the project? Truth be told, residents should take every aspect of a project collectively after consulting with real estate advisers to reap great returns. Amenities at a project would mean that residents needn’t travel to far out distances and can spend more time with their loved ones. On the contrary it is crucial that one incorporates a pre-determined approach when it comes to the floor plan. An investment decision fails when one does not know how to strategize priorities on how to allocate space and resources that are provided. Having a floor plans design helps customer to come to the site and have a comparative approach. Here at Prestige Elysian Bannerghatta, the amenities and floor plans devised are in line with industry standards and are unique to have a competitive edge in the market. For example, 24/7 security services are provided with manned security personnel stationed at all times along with CCTV coverage and in order to establish a convenient lifestyle, 100% electric and power backup is provided to all.

Therefore, considering all the above-mentioned factors, it is safe to bet on the fact that working with Prestige Elysian Bannerghatta Bangalore is profitable in every sense. 

Where to invest in South Bangalore for property?

Bangalore with in-numerous migrants is also one of the direct reasons for the development and transitions happening in this Silicon Valley of India. Umpteen numbers of firms and startups in the city assured with the high end salaries and the best settlement option and finally the moderate temperature throughout the year. Prestige felt a safe stay is missing in the above phrase. To add it, Prestige is up with Prestige Elysian towards the Southern Bangalore.

About the builder

Prestige developers with the trending innovative thoughts and technology and always giving the best it can for the customers. The satisfactory experience of the customers made Prestige to earn goodwill and thus is still standing in the top position. It started in the year 1986 and is now very familiar mostly towards the southern region of the country. Till date, Prestige has completed over 210 projects which layered around 80 million sq. ft and is ongoing with 53 projects in hand which layers around 54 million sq, ft and have got dealings for further 35 projects and 48 million sq. ft. The quality system they maintain is the planning, development, marketing and management of residential, commercial and Institutional layouts.

Prestige Elysian

Real Estate trends towards the South Bangalore

With a constant price rise of the real estate in Bannerghatta itself shows the demand of real estate in this locality which is directly a reason for the development of the firms and residential projects. The price trend is never constant and is unpredictable for the same reason. Few other attractions like lakes and parks in this area attract the inhabitants. Amongst all the existing projects in this locality, Prestige Elysian is the perfect project coming up with the best e resort like amenities and the features of the property. The prospectus of this project also states the amenities and the specifications

Location and Amenities

Location and amenities are always on the top list when looking for a residential property. Location wise, this property is pinned at an ideal position. Bannerghatta itself evidences many companies and is also a residential place which is very near to the other employment boards like Silk Board, Electronic City and Mahadevapura. This location enjoys easy movement to travel and comfortable in residing which is in reach to the employment boards. Along with location, another added advantage is the amenities it is installing within the property. It has all the modern and necessary essentials are in the closer proximity. The amenities go with the well hand in hand with the property and the resident’s living style. With a great maintenance, the demand for the property in Bannerghatta road is rising high.

With the stunning specifications and the installed interior designing along with its own slots for the electronic home appliances, this property is going to be your dream house. Hurry up and grab it.

Prestige Elysian - An upcoming residential project

Prestige Group brings the ultimate lifestyle Prestige Elysian at Bannerghatta, in Bangalore. Prestige Elysian is a beautiful project coming on the Bannerghatta main road very close to Meenakshi Mall. This pre-launch project is going to bring lots of happiness to all its buyers. The apartments of 1 BHK, 2 BHK and 3 BHK are beautifully designed homes with ingredients of the high-end specifications, facilities, and world-class Club facilities. This project on the Bannerghatta road is going to be a great combination of Luxury, location and landscape. This Bangalore project a home is something that is going to stay close to your heart while it’s going to be an added advantage if it’s closer to nature as well.

This project in Bangalore will provide a plush and serene atmosphere wherever you’ll be able to feel and breathe the purest air on earth.

Prestige Elysian

Why should you invest in the Bannerghatta road?

Bannerghatta road is one of the best localities in Bangalore and is also the State Highway 87. This 50kms arterial Bannerghatta Road runs from the Hosur road on one side to Anekal town on the other side. This area was earlier considered as a far-off locality but the development of the area started soon after it came under the Bruhat Bengaluru Mahanagara Palike (BBMP) and with the coming up of many IT companies, educational institutions, healthcare centers and entertainment spots around on this road. The real estate market value also got picked up tremendously soon after that in the area.

was once upon a time considered far off locality started gaining prominence soon after it came under the Bruhat Bengaluru Mahanagara Palike (BBMP). Today, it is a bustling micro-market, which houses IT companies, best of educational institutions, healthcare and entertainment facilities.

Over the years the Bannerghatta road has become one of the most happening areas in Bangalore. This area is no doubt the best locality to invest in. A reason that can make you confident about the decision of buying villas and apartments on the Bannerghatta road is that if you are a person working close by this locality then you can work more but at the same time relax more too as you are going to save a lot of time on travelling to your workplace.

With the Bannerghatta road becoming an IT hub of the city because of the various companies that it houses like Oracle, Honeywell, IBM, Accenture, Convergys etc.

With so many work options around it will definitely not be a bad idea to invest on this road. The return on your investment is also going to be tremendous in the future.

So what wait for…? Call us to get more details on the Prestige Elysian, Bannerghatta road property. 

Will property taxes for rental property be deductible in 2018?

The property taxes for rental property can be deductible in 2018. Your typical rental expenses are basically electricity, heating, water, advertising, repairs and maintenance of the rental premises, interest portion of the mortgage, property taxes and legal fees if you have spent money to recover your rent from the current tenant or from the previous tenant. If you look at the pre launch projects in Bannerghatta road, you can be assured of proper demarcation of taxes and they are paid on time. All the expenses and maintenance amount are handled by the apartment or project authorities. Bangalore is coming up with just real estate projects that are quite transparent with their work

A little more into the discussed topic 

The taxpayers will be able to deduct their 2018 rental property taxes on their 2017 returns if they pay those tax bills before the end of the year—and only if the taxes were assessed before 2018, the Internal Revenue Service said in a news release.

 Bangalore has come up with a grand project – the Prestige Park Square which is an epitome of enviable amenities and apartments and it can be taken for rent as well if needed. Those who have already gone for rented ones can deduct the property tax for the rent. Prestige Park Square ensures some spacious and lavish units for all those who wish to live a luxurious life. Bannerghatta Main Road aids all the connectivity to various parts of Bangalore. Prestige Park Square, Bangalore has many schools, hospitals, IT Tech Park, commercial complexes and many other social infrastructures in the near proximity. So investing in projects of this sort can be profitable. 

 Property taxes for rental property are likely to be treated as a business expense against rental income. Thus, there would be an expense on a “schedule C” business, rather than a deduction against personal income. Real estate market would be affected to a certain extent. Income earned from leasing land, buildings, and that of furniture is subject to a non-final 15% withholding tax, levied on the gross rent. This tax is credited against the taxpayer’s total income tax liability.

Taxable income is computed on the basis of the actual rental value of the property or the government determined rental value, whichever poses to be higher. A standard deduction of 30% is granted for repairs and collection charges. Interest payments relating to loans used for the construction, acquisition, and repairs of the property are also entirely deductible.

 Property taxation is actually a very interesting sector. There is no comprehensive system of property taxation. Not only does it differ among the states, but it also varies between the municipalities within the states. For leased properties, property tax is levied on the annual rental value of the property. Hence, rental property taxes can be mostly deductible this year and this is applicable for most of the states. Bangalore is one of those cities who have been assuring this fact. The propping up of innumerable luxury projects are about to change the entire scenario.

The Peninsula Heights Amenities – A Class Apart!

A real estate project is always judged on the basis of some indispensible factors and amenities are certainly one of those. Peninsula Heights by the reputed builder Peninsula Land Ltd. has all of the enviable and world-class amenities. The peninsula heights apartments are of 3 BHK, 4 BHK and 5 BHK facilities. The project comes with 2-level car parking and separate space for guest cars. There are amenities galore such as swimming pools for kids and adults, senior citizen corner etc. Peninsula Heights is a stone's throw from important hubs of the city, schools, hospitals, shopping malls and movie theatres. Public transport connects JP Nagar with all parts of the city. Peninsula heights jp nagar is ready to set a benchmark with all its amenities and specifications. The Project has got 2 towers namely Crown Tower and Ascent Tower.

Peninsula Heights

Amenities and specifications –

·         This is the hub of contemporary lifestyle amenities and breathtaking landscape views where a newer generation family will experience thrill and indulgence.

·         The Ascent tower of this project comprises 16 floors with 3 and 4 bedroom apartments with private lift lobby area while the Crown Tower consists of 20 floors and has got all the 3 types of  homes including 5 BHK Duplex and Penthouse.

·         Rain water harvesting, Solar lighting, Children play area, Barbeque area, Senior citizen corner, Children’s pool, State of the art gymnasium, Table Tennis, Squash court, Board games, Billiards room, Aerobics and yoga room, Mini theatre, Indoor golf simulator, Multipurpose hall, Business centre, Library and reading room, long stretch of jogging track etc. are managed to be equipped within the same premise and all of them are indeed enviable.

·         Club House, Community Hall and Departmental Store are also been placed within the premise.

·         Imported marble flooring and skirting has been provided in living, dining, master bedroom, Puja room and passage. Premium wooden laminated flooring and skirting have been used in family room and one bedroom.

·         Vitrified tiles flooring and skirting in other bedrooms are the main attractions of bedrooms.

·         Coloured video phone with intercom and camera are adjusted outside the main door.

·         Acrylic emulsion paint has been used throughout. Exterior grade emulsion for utility and deck and balcony areas ensures quality materials.

·         Cornice for the entire apartment has been provided. Clear 10 feet floor to ceiling height in apartments and Partial power back-up within the apartments have also been equipped.

·         The project is well equipped with all modern amenities and 24 x 7 security service to facilitate the needs of the residents which actually ensure the safety of the inhabitants.

More than just having the best of amenities and specifications, Peninsula Heights can certainly boast of a very innovative and brilliant appearance of the project. The property is spread across 3.64 acres of land with large portion of land allocated for greenery and landscaping. The area of the 3 bedroom apartments ranges between 3240 sq. ft. to 3860 sq. ft. There are landscape and fountain adjusted in the lawn that helps in the embellishment of this magnanimous project.