The Prestige Group, India’s second largest developer, brings yet another splendid addition to Bengaluru’s growing residential market with the pre-launch of Prestige Lake Ridge.
The residential development, located in the fast developing suburb of Subramanyapura, off Kanakapura Road, Bengaluru is built across a sprawling 15.37 acres comprising of 1120 residences spread across 12 buildings.
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| Prestige Lake Ridge |
Commenting on the pre-launch, Irfan Razack – CMD, Prestige Group said, “The residential real estate market has remained steady for a while now, without witnessing any significant highs or lows. However, the commercial sector has been on an upswing with high volumes of leasing taking place. This is an extremely positive sign as with companies taking up more space, it means that more jobs are being created, which ultimately is a boost for the economy. This also means a higher demand for housing.”
“In recent years, Kanakapura Road has emerged as a viable location for investment for home buyers given the affordable property prices, steadily improving connectivity to other parts of the city and rapid infrastructure development. The location also has the additional advantage of receiving Cauvery water supply, something that is still not available in most other parts of the city. Furthermore, it is a preferred destination by those employed in Bannerghatta Road and Electronics City. Keeping this increasing demand in mind, we present Prestige Lake Ridge – a premium residential development with all amenities and facilities required for a life of comfort and ease, amidst the hustle bustle of everyday life,” Irfan Razack said.
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