What is the Price of Prestige Falcon City Luxe?
The starting price of Prestige Falcon City Luxe is ₹1.4 Crores* for a 2 BHK apartment, and it goes up to ₹3.0 Crores* onwards for a large 4 BHK luxury home. These prices are highly reasonable when you compare them to the costly rates of other luxury properties in Bangalore. Located right on Kanakapura Road in South Bangalore, this new residential wing features an attractive pre-launch base price of about ₹14,000 per sq. ft.. The exact price varies depending on the tower you pick, how high your floor is, and the view from your balcony. Buying a flat early during the initial booking stage is the best way to get the most affordable deal before prices rise.
When you plan to buy a premium home in South Bangalore, it helps to look closely at the full cost sheet instead of just the basic rate. Below is a detailed breakdown of the sizes and pricing for different configurations, proving why this grand property offers great value for your money.
Apartment Sizes and Price List
Prestige Falcon City Luxe covers a vast 41-acre area. The builder has designed the rooms smartly so that you get maximum usable space inside your home without any waste.
| Apartment Type | Super Built-up Area (Sq. Ft.) | Starting Price (Base Cost) | Current Market Value Assessment |
|---|---|---|---|
| 2 BHK Optima | 1,240 to 1,379 sq. ft. | ₹1.40 Crore Onwards | Highly Reasonable for a premium new launch in South Bangalore. |
| 3 BHK Elegance / Grandeur | 1,830 to 1,970 sq. ft. | ₹2.00 Crore Onwards | Very Competitive for families looking for extra room and comfort. |
| 4 BHK Opulence | 2,450 to 2,726 sq. ft. | ₹3.00 Crore Onwards | Fair Price for a massive, high-end luxury layout. |
Extra Charges: Understanding Your Final Bill
The base price only covers the cost of building the apartment structure. To avoid any surprises later, you must remember the additional government fees and development taxes:
- GST (Goods and Services Tax): The government charges a fixed 5% GST on all luxury properties that are still under construction.
- Stamp Duty & Registration: In Karnataka, you need to pay around 5.6% to 6.6% of the property value to register the home in your name.
- Car Parking Charges: A safe, covered parking slot in the basement will add an extra ₹3 Lakhs to ₹5 Lakhs to your total budget.
- Maintenance Deposit: The builder collects a one-time advance amount to take care of the parks, security, and common areas during the initial years.
Why the Pricing is Perfectly Reasonable
Buying a flat in this gated community is a wise financial choice. The price tags are well-justified because of three major reasons:
- Shopping Mall Right Outside: The community sits next to the massive Forum South Bengaluru Mall. You can walk down for shopping, movies, and dining without facing road traffic.
- Excellent Metro Connectivity: The Konanakunte Cross Metro Station is just a short walk away. This makes traveling to office areas like Jayanagar or Electronic City fast and stress-free.
- Great Rental Income: Since many corporate professionals want to live in this area, you can easily rent out your apartment for a premium monthly income.
