Prestige Raintree Park Rent
Prestige Raintree Park rent ranges from Rs. 50,000 for a 3 BHK, and an ultra-luxurious 5 BHK will fetch between Rs. 90,000 and Rs. 1 lakh.
The project offers premium 3, 3.5, 4, and 5 BHK apartments. The flats for rent in gated community projects of reputed builders like Prestige Group are always in demand. Prestige Raintree Park apartments are expected to yield high returns after the project launch.
The builder prioritises the safety of the residents, and all common areas have CCTV cameras. Restricted access and security checking in entry and exit points. With 80% open space spanning 125 acres, the development includes 1,520 apartments across 18 towers, providing a spacious and luxurious living environment.
Rent is decided based on the super-built area and carpet area. The higher the carpet area, the higher the rent. Hence, in Prestige Raintree Park, one can expect higher rental income as all the apartment sizes are above 2,004 sq. ft.
Due to IT tech parks and access to all the basic amenities, such as hospitals, malls, and schools, rentals in East Bangalore are very high. Varthur Main Road is one of the best areas in Whitefield.
Rentals in Varthur Main Road
2 BHK is the most sought-after property for rent on Varthur Main Road. Rent is in the range of 25K - 35K. 3 BHK can fetch between 50K - 60K in this area. People like to stay in multi-story apartments in this area, hence the demand.
Rentals in Whitefield
Apartments in Whitefield have been in demand since 2002. There are many top builders in this area. Most buyers are looking for a second home as an Investment, so they consider the rental factor.
Depending on the developer, the rental range is between 40k to ₹1L. 3 BHK is in demand in this location.
| Type | Apartments |
|---|---|
| Project Stage | Prelaunch |
| Location | Whitefield, Bangalore |
| Builder | Prestige Group |
| Floor Plans | 3,3.5,4 & 5 BHK |
| Price | Rs. 2.59 Cr* Onwards |
| Total Land Area | 125 Acres |
| Total Units | 1520 Units |
| Size Range | 2004 - 3698 Sq.Ft |
| Approvals | RERA |
| RERA No | PR/270824/00698 |
| Launch Date | August 2024 |
| Pre-launch Date | 29-August-2024 |
| Completion Date | 4 years from launch |
| Possession Date | Dec 2028 |
The project is close to several IT hotspots, such as Indiranagar, which is 14.7 km away. It is 17.4 km from MG Road, 19 km from Electronic City, and 15 km from Koramangala. Renting a house in this project will reduce commuting time for those working in the neighbouring IT hubs.
The greatest place to rent is Prestige Raintree Park because of its many benefits, which include
- Prime location: The property is situated in Whitefield's prime area, close to major IT hubs and the best universities and schools in the area. This makes it the perfect place for families. There will be less travel time because all the features are close by.
- Best features: A kids' play area, a gym, a swimming pool, and other amenities are all included in the project to provide a comfortable lifestyle.
- Safety: The project is safe since it has CCTV cameras and trained security on duty around the clock.
- Employment offers: This project may be favoured for rent because it will reduce commuting time, and the neighbourhood is close to IT hubs like ITPL, Wipro, Brigade Tech Park, etc., which have numerous employment openings.
- Excellent transportation system: The project uses the train, bus, and metro systems to connect all areas with an excellent transportation system. The project is close to the metro's purple line, which offers a strong connection.
This project features elevators to move people from floor to floors. All the apartments are placed in 18 high-rise buildings, each with 19 stories. A model of 3, 3.5, 4, and 5 BHK flats are displayed at the project site. Buyers can get a 360-degree view of these properties on the gallery page before making a reservation. Prestige Raintree Park Rent is a great option for first-time investors and those on a tight budget.
