The Prestige Group has multiple projects in Whitefield. Securing a new 2 BHK apartment for young buyers is going to be difficult because of prices. Likely projects are Prestige Oakville with a few opportunities with some resale units in the other complexes. Young buyers may ultimately need to consider resale, downsize to a smaller 1 BHK, or a bit older property to realize a more manageable price.
Potential Prestige Group projects for 2 BHKs in Whitefield
Prestige Oakville
- Location: Situated on Varthur Road in East Bangalore.
- Best for: Young professionals who are willing to wait for construction to be completed and want to invest in a brand new property at potentially lower pre-launch prices.
- Price: A 2 BHK unit (around 1,060 sq. ft.) is expected to start at one crore or more. While the initial entry point may be lower during the pre-launch phase, it is a significant investment.
Prestige Lakeside Habitat
- Location: Varthur Road, close to Whitefield.
- Best for: Young buyers who want proximity to the IT hub and ample facilities. It has a very resort vibe, with plenty of open spaces and leisure options.
- Estimated price: Price for 2 BHKs is around ₹77–79 lakh.
Prestige Park Grove
- Location: Near Kadugodi, Whitefield.
- Best suited for: Young professionals who want an upscale township with various floor plans. 1, 2, and 3 BHK apartments and villas are common types of configurations.
- Estimated price: Prices for 1 BHKs start around ₹91.45 lakh, suggesting that 2 BHKs may exceed the ₹1 crore mark, depending on the floor plan and size.
Prestige Waterford
- Address: ECC Road, Pattandur Agrahara.
- Best suited for: Young buyers who want a brand new low-density community with great connectivity and supreme luxuries. The community offers homes with 2, 3, and 4 BHK units, but few resale 2 BHKs may come up for sale.
- Estimated price: The price of the flat starts from 1.19 Cr - 4.11 Cr.
Prestige Shantiniketan
- Location: Close to Nexus Shantiniketan, Whitefield.
- Best for: Young buyers who are willing to buy a resale apartment in a well-maintained, ready-to-move complex. This is a relatively big, established society.
- Estimated price: Resale 2 BHKs in this project start around ₹2.55 crore, placing it in a higher price bracket.
Considerations for young buyers
- Budgeting: Whitefield property prices have been rising, and finding a new 2 BHK from Prestige for under ₹1 crore is extremely unlikely. Young buyers on a tighter budget should focus on resale opportunities or consider 1 BHK units.
- Resale market: Exploring resale apartments in older Prestige projects may present a more affordable option for a 2 BHK. It can provide access to the Prestige brand and amenities at a lower price point.
- Location and commute: Prestige projects are well-connected to IT hubs. For a young professional, Prestige Waterford is particularly close to ITPL, which can offer a major advantage in terms of commute time.
- Amenities: All Prestige projects offer excellent amenities, including security, pools, and sports facilities, which are ideal for a young, active lifestyle.
