Is buying a property in Prestige Ferns Residency (Off Sarjapur rd) now a good option?

Q: Is buying a property in Prestige Ferns Residency (Off Sarjapur rd) now a good option? It is priced at 5200/sqft currently and payments in 21 installments till june 2016.

Is the price too high now and is there growth in future?

Vivek,

8th April 2013

Investment Advice in Bangalore

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Replies (4)

Beware - there is a cemetery close by. not a good idea for high rise building. the adjacent high rise reputed builder owners are also affected and having fights with the builder as the property value has gone down. and the view looks ugly. People have to stand in the balcony and watch the last ritual .. people crying... not nice at all.

Vrb, Apartment Resident, Bangalore

29th March 2014

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Hi Vrb, have you booked an apartment in this project?

Parag Shukla, Bangalore

4th April 2014

I heard that it is an joint venture? How much the statement is true?

Gurmeet,

16th July 2013

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I came to know that the land is owned by Ferns Developers and Prestige is constructing the project. So, its a joint development between Ferns and Prestige.

Rameswari, Bangalore

17th July 2013

Few peoples raised concern about metro connectivity in this area and also water problem. Does anyone has idea about all these thing?

Gurmeet,

8th April 2013

Comment

Is it worth buying an apartment in Prestige Ferns Residency?

Girish Gupta, Bangalore

16th July 2013

I feel it is worth buying an apartment in this project because of the location and the builder.

Rameswari, Bangalore

16th July 2013

As far as I know Prestige is asking for Rs 5365 per square feet. I think it is worth buying a flat in this project. The investment in the area is liable to be fruitful and turn out as smart money.

Rameswari, Bangalore

8th April 2013

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