Monday, February 6, 2012

How much Prestige Tranquility apartment costs

Pre-launch price for Prestige Tranquility was 2628/sq. ft. (I don't know why such an odd looking number was chosen by Prestige, would it really have mattered if it was say 2625 ?)
The project was launched with the price of 2728 /sq. ft..
And then it was revised to 2800 /sq. ft..
And then per square foot price was increased to 2900 /sq. ft., on 6th feb 2012.
On 1st may-2012 the base price was increased to Rs 3000/- /sq ft.
The latest rumor is that the booking is closed for 2-3 days in beginning of June 2012 and the will resume with base price of Rs. 3300/- /sq. ft. 
The booking for signature tower is also expected to open with the price tag of Rs.3500/- /sq ft.

Other charges include floor rise charges (currently its Rs. 15 per sq ft. per floor) and the premium location charges (currently Rs 75 per sq ft.)

Currently Car parking charges are Rs 2,50,000/-.
Bescom/BWSSB charges are Rs. 100/- per sq ft.
Generator Charges Rs 75,000/- per apartment.
Khata and assessment charges Rs 15,000/-
Advance Maintenance charges Rs 42/- per sq ft. (mostly for 1 yr.)
Sinking fund charges Rs. 42 per sq ft.


Actual delivery of apartments will take almost 3 years. Let's see where do the price lands up by the time the project is ready to occupy.

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