Prestige Somerville Pre Launch

Pre-launch refers to a real estate project's development stage when it has not yet opened for business. While the realtor gathers and processes the structured information on the property, there won't be much project information or specs now. Property details like RERA Number, Floor plan, Master plan, Complete list of amenities, Price list, and other details will still be under process or pending approval.

Prestige Somerville

Type	Apartments
Project Stage	Prelaunch
Location	Whitefield, Banglore
Builder	Prestige Group
Floor Plans	3,3.5 & 4 BHK
Price Strating	Rs. 2.62 Cr* Onwards
Total Land Area	6.58 Acres
Total Units	306 Units
Size Range	1773 - 2616 Sq Ft
Towers and Blocks	2 Towers, G + 17 Floors
Approvals	NA
RERA No	In progress
Launch Date	Onrequest
Possession Date	Dec 2027 Onwards

The pre-launch project Prestige Somerville is one of the most awaited apartment projects developing in Whitefield, East Bangalore, the city's best location. It features stunning designs, 2, 3, and 4 BHK apartments, and state-of-the-art amenities. The developer Prestige Group is making Large discounts or incentives to increase early booking numbers, as this will benefit the business financially and conveniently. The property still needs to be formally released to the public or put up for sale. The pre-launch offer from Prestige Somerville makes several assertions about advantages for both buyers and developers.

Benefits for Investors

• Best Choices: The finest option for prime units depends on their preferences, and the buyer can choose from a wide range of properties. This is the best time to reserve apartments with views of your desired features, such as a play area or swimming pool. After the debut, these opulent apartments would first be reserved for their best qualities.
• Exclusive Pricing and Incentives: The developer will provide competitive pricing and incentives to attract as many bookings as possible because the project is still in its early stages. It will reduce the intensive marketing expenses. It is the ideal deal for prospective purchasers, who can notice a big budget difference compared to later stages.
• Potential Appreciation: At this point, investors purchase the properties because they can profit from them in the near term due to increased value once the project is finished. Investors in Prestige Somerville's pre-launch property are promised to receive exponential returns.

Benefits for builders

• Early Capital Infusion: This will assist the developers in obtaining the first funding needed for the gated community's development and construction. The increased funding also guarantees that the project will be finished on schedule.
• Marketing Strategies: Before the opening, the property generates awareness and leads. The developer receives insightful feedback from booked purchasers and builds marketing programs based on their recommendations and input.
• Creating Buzz: Prospective purchasers are very excited and full of expectations as a result of Prestige Somerville's pre-launch property. As a result, this will greatly pique prospective customers' curiosity and result in strong early sales.

Though we get discounts or offers during this pre-launch phase, we should be keen on the basic details before buying any property, like builder prospects, RERA status, litigation of the property, list of amenities, specifications of the flat units, and legal validation of the property documents.