Prestige Somerville’s completion date is expected to be in December 2027, and the possession date will be in December 2027. The completion date is the date when the seller will close the transaction, and the title will be transmitted from the seller to the buyer. Funds are transferred that day. The possession date is when the buyer will acquire the keys to the property and can officially move in.
Prestige Somerville, developed by the reputed Prestige Group, is a new residential project on Varthur Road, Whitefield. This development spans 6 acres and comprises 306 units housed within 2 towers. The project provides a variety of apartment sizes, including 2, 3, and 4 BHK configurations.
The enclave is a much-anticipated real estate project that has generated a lot of market interest. Investors and potential homeowners keenly await information on when it will be completed. This announcement results from thorough preparation and diligent work to guarantee that the project is finished on time and complies with all applicable regulations. The project's developers have remained strong in their dedication to openness and compliance with the Real Estate (Regulation and Development) Act, or RERA. By RERA regulations, the project’s official completion date is set for mid-2027.
The completion date selection demonstrates the developer’s commitment to creating a project that meets and exceeds its future occupants' expectations. This extra time permits thorough quality inspections, last-minute adjustments, and resolution of any unanticipated building difficulties.
The project aims to redefine modern living by seamlessly blending aesthetics, functionality, and sustainability. The extended timeline enables the developers to ensure that every aspect of the property aligns with their vision of creating a landmark development that endures the test of time. The builder’s commitment to adhering to RERA regulations and their decision to announce the completion date well in advance inspire confidence in potential buyers and set a standard for responsible and ethical real estate development in the industry.
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