Prestige Misty Waters - Review

Published on Feb 2, 2013, 04:30 AM IST by

Prestige Constructions have pre-launched their ultra luxurious residential project Misty Waters. Located at Hebbal, Misty Waters Spread across over 5 acres of land offers luxurious units with options of 2 to 4 bedrooms. Decked with premium specifications and amenities like swimming pool, indoor games, power backup etc, this project offers everything that a home buyer is looking for.

Home Facts:
  • Property Type: Apartments
  • Beds: 2 to 4
  • Baths: 2 & 5
  • Units: 550
  • Unit Size: 1129 to 2423 sqft
  • Project Size: 5.5 Acres
  • Neighborhood: Hebbal
  • Price / Sqft: 5800* onwards

Prestige group has completed over 161 projects spanning to an extent of over 45 million sqft and one can expect highest construction standards in any of its projects. Prestige has become one of the most favorable real estate brands in south India especially for NRI's. Prestige Glenwood can be a blind bet from a project quality perspective.

Neighborhood: Hebbal was once indicative of the north endpoint of the city. Initially it was known for Hebbal Kere (lake), it is now better known as airport road or the junction that connects outer ring road and Bellary road. Hebbal hosts several companies, such as AstraZeneca, CEFA, Integra Micro Software Services etc. Embassy Manyata Business park which is quite close to Hebbal is one of the largest technology and business parks in the city of Bangalore. Global brands like Philips and IBM have their presence in this suburb.
With strong infra structure development around Hebbal, many builders launched ultra luxury project which triggered a price BOOM. This suburb has seen increased demand and price appreciation in 2012 and is likely to continue in 2013.
Surrounded by lakes, ground water shouldn't be a problem in this suburb.Expect high traffic during rush hours, traffic woes should ease out once the ORR is full signal free from Hebbal to Silk Board. The biggest advantage of Hebbal is being situated between the airport and the city. We highly recommend people choosing a home here at Hebbal.
However, Misty waters being closed to the lake and an open drainage, is bound to bad odor and insects, this many not be a big issue to some but can lead to bad health. Check with the builder if they can cement cover the drainage or choose high floors in the building.

Pricing: Base cost at over 5800 /sqft, Prestige has done everything right to price it competitively.

Bottom-line: Buying a home is one of the biggest investments you'd make, evaluate options, if you've zeroed on north Bangalore, Misty Waters can be a safe bet. We highly recommend Prestige Misty Waters and expect the prices around 6500 to 8000 PSF range in a couple of years from now.

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