RERA, or the Real Estate Regulation Act, was enforced in 2016 by the Indian Government. The act stated that the registration of the project by the developers is mandatory. Proper papers must be presented to get the RERA Approval, and only then can the property be advertised. This act ensures more transactions in the real estate industry.
Prestige Finsbury Park is a luxurious residential project located in Gummanahalli in North Bengaluru. The project spans over 25 acres of land, housing 1, 2, and 3 BHK apartments. It has already got the official RERA approval from the Karnataka Board. It is now lawfully registered under RERA. Its registration number is PRM/KA/RERA/1251/472/PR/191206/003055.
Prestige Finsbury Park RERA Approval aims to conduct honest and transparent transactions between builders and buyers. It guarantees the buyers complete access to project details. This helps in building trust among the buyers, allowing them to analyze and monitor the project’s process directly.
TYPE | APARTMENT |
PROJECT STAGE | READY TO MOVE IN |
LOCATION | BAGALUR ROAD, BANGALORE |
BUILDER | PRESTIGE ESTATES LTD |
FLOOR PLANS | 1, 2, 3 BHK |
TOTAL LAND AREA | 25 ACRE |
RERA ID | PR/191206/003055 |
LAUNCH DATE | 2019 |
POSSESSION DATE | 2023 |
PRICE | 51 LAKHS ONWARDS |
NO.OF UNITS | 3050 |
NO. OF TOWERS | 12 |
The RERA board of Karnataka has set a standardized process for defining the carpet area. Builders have to reveal the actual carpet size and Super Built-Up Area size using this method only. This ensures buyers that they get correct information about the project. No builder can claim false numbers to them.
Following the RERA regulations governing Prestige Finsbury Park, the enclave is all set to provide correct and honest information to the buyers. It includes publishing necessary information, such as net area details: master plan, floor plans, and site plans.
After RERA registration, the property becomes answerable to the buyers. It means a buyer can question them any day about pricing, delays, property title, construction quality etc. The developer has to answer to each of the queries.
If there any issues or conflicts are found in delivery or project commitments. Buyers can file a complaint against the builder. Builder must refund their initial deposit at once.
Prestige Finsbury Park RERA Approval is a testament to safe and secure transactions. New investors can have faith in the builder and start their investing journey from this project. The developer is ready to provide you best living experience in Bangalore—more information about the RERA is available on the official page.
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