Prestige Falcon City Reserve Price per Sq Ft
The Prestige Falcon City Reserve Price per Sq Ft is between ₹10,500 and ₹14,000, making it one of the best-priced luxury apartment launches on Kanakapura Main Road, South Bangalore. The total price starts from ₹1.4 Crore for a 2 BHK and goes up to ₹3 Crore or more for a large 4 BHK flat. This new launch phase gives buyers and investors a great chance to buy a home at a low starting price in a top area. Right now, older ready-to-move flats in the same township are selling for ₹18,000 to ₹20,000 per sq. ft. Buying at today's lower rate means your property value can grow fast, while you also get direct access to Forum South Bengaluru Mall and the Konanakunte Cross Metro Station.
Unit-Wise Configuration & Price Per Sq Ft Breakdown
When you check the total cost of a flat, the Prestige Falcon City Reserve Price per Sq Ft is based on the Super Built-up Area (SBA) of the home. Larger 3 BHK and 4 BHK flats on higher floors with nice park views are priced closer to ₹14,000 per sq. ft. Smaller 2 BHK flats on lower floors come at the starting rate of ₹10,500 per sq. ft.
| Configuration | Super Built-up Area (Sq. Ft.) | Base Price Per Sq. Ft. | Starting Base Price | EOI (Booking) Amount |
|---|---|---|---|---|
| 2 BHK | 1,240 – 1,379 sq. ft. | ₹10,500 – ₹11,500 / sq. ft. | ₹1.40 Crore* Onwards | ₹12 Lakh – ₹15 Lakh |
| 3 BHK (2T / 3T) | 1,830 – 1,910 sq. ft. | ₹10,900 – ₹12,500 / sq. ft. | ₹2.00 Crore* Onwards | ₹15 Lakh – ₹20 Lakh |
| 3 BHK + Home Office | 1,920 – 1,970 sq. ft. | ₹11,500 – ₹13,000 / sq. ft. | ₹2.25 Crore* Onwards | ₹25 Lakh |
| 4 BHK + Home Office | 2,450 – 2,726 sq. ft. | ₹12,200 – ₹14,000 / sq. ft. | ₹3.00 Crore* Onwards | ₹30 Lakh |
> Buyer Note: The starting prices above show only the base cost of the flat. Government taxes, floor rise charges, and registration fees are added later to the final cost sheet.
Key Factors That Influence the Effective Price Per Sq Ft
It is important to know the difference between the Base Rate and the Final Total Rate before you book your home. The final Prestige Falcon City Reserve Price per Sq Ft on your bill depends on six simple points:
- Floor Rise Charges: The tall towers in this 41-acre project offer great views of South Bangalore. If you buy a flat above the 5th floor, a small extra charge (usually ₹25 to ₹50 per sq. ft. for each floor) is added to the base price.
- Preferential Location Charges (PLC): Flats that face the main clubhouse, green parks, or swimming pool—or corner flats with extra sunlight and fresh air—cost 2% to 5% more on the base per sq. ft. price.
- Vastu & Facing Premiums: Homes with East-facing and North-facing main doors are very popular on Kanakapura Road. These units may have a slightly higher price per sq. ft. than West or South-facing flats.
- Clubhouse & Infrastructure Charges: Using the big clubhouse, power backup (4 KW to 8 KW based on flat size), and water connection adds about ₹300 to ₹500 per sq. ft. to your total bill.
- Covered Car Parking: Basement parking spaces are included or charged based on your choice of one parking spot (for 2 BHK) or two parking spots (for 3 & 4 BHK).
- GST & Registration Costs: Because this new phase is still being built, you have to pay 5% GST on the property price. You will also pay Karnataka Stamp Duty and Registration fees (about 6.6%) when the flat is ready.
Kanakapura Road Price Comparison: Why This Rate Stands Out
To see why the Prestige Falcon City Reserve Price per Sq Ft is a smart deal, let us compare it with current property prices on Kanakapura Main Road:
- Ready-to-Move Prestige Falcon City (Phase 1 Resale): Ready flats in the older towers of the same project currently sell for ₹18,000 to ₹20,000 per sq. ft. (resale 2 BHK flats cost around ₹2.40 Crore, and 4 BHK flats cost ₹5.70 Crore to ₹6.20 Crore).
- Big Savings on New Launch: By booking a flat in the Reserve phase at ₹10,500 to ₹14,000 per sq. ft., you save ₹6,000 or more per sq. ft. compared to ready flats in the exact same gated community.
- Full Township vs. Single Buildings: Normal single-building projects on Kanakapura Road cost ₹11,500 to ₹13,000 per sq. ft. At the same price, Prestige Falcon City Reserve gives you 75% open green space, a working Forum Mall inside the gate, a large auditorium, and a metro station right outside.
Construction-Linked Payment Plan
Prestige Group offers an easy, safe Construction-Linked Payment Plan (CLP) so buyers do not have to pay all the money at one time:
- At Booking: Pay 10% of the total flat cost.
- At Agreement Signing (Within 30 Days): Pay another 10% of the total cost.
- During Construction: Pay the remaining 80% in small steps as the builder finishes the foundation, floors, walls, and tiles.
