Prestige Raintree Park Rera Approval

RERA, known as the Real Estate Regulatory Authority, came into existence in 2016, and it aims to bring transparency to real estate. By choosing such approved projects, buyers can be safe from all issues.

The Acknowledgement Number of the project on the RERA website is ACK/KA/RERA/1251/446/PR/120724/008326. Prestige Group has received RERA Approval from the Karnataka RERA for their new project, Raintree Park at Whitefield in August 2024. The project has met all requirements that the Karnataka RERA Board has mandated for the safety and security of buyers. The project was pre-launched on 29th August 2024 after receiving the RERA approval. BDA, BBMP, BMRDC, HFIs, and other major banks have also approved the project. Its possession and occupation are set for December 2028 after 4 years of construction.

Prestige Raintree Park, one of the biggest housing projects in Whitefield is promoted by PRESTIGE ESTATES PROJECTS LTD. The project applied for RERA on 12TH July 2024, and the corresponding acknowledgment number received was PR/120724/008326.

Prestige Raintree Park RERA approval is an important process mandated by the Government of India, which has to be received before the launch and construction of the real estate project. Prestige Raintree Park RERA approval indicates that all the essential documents were verified and legal procedures were followed by Prestige Group. The RERA approval of Prestige Raintree Park makes it a safe and profitable investment option for all potential buyers.

About RERA Karnataka:

RERA Karnataka is a state government body that regulates and monitors the real estate projects and agents in the state of Karnataka. The main function of RERA Karnataka is to bring in and register all the ongoing and upcoming real estate projects under them. The real estate projects can be launched in Karnataka only after approval from the RERA Karnataka Board. The construction firms, channel partners, and property agents should also be registered under RERA Karnataka.

The RERA Karnataka Board is currently headed by the retired IAS officer Rakesh Singh. The registration deposit for individual agents under RERA Karnataka is Rs 25,000 and Rs 2 Lakhs for others.

Advantages of Prestige Raintree Park RERA

Buyers can address issues like project delays, quality, and pricing if it is RERA-approved. Buyers can buy Prestige Raintree Park without any second thought as it is RERA-approved and has benefits that include

• Clear Title – The project ensures clearness in all aspects. The builder must disclose all the details to buyers; on failing, builders can file a complaint.
• Follow guidelines – Builders must follow all the guidelines correctly; if they fail, buyers can legally file a complaint against them. The authority will lay fines if they fail to fulfill the guidelines.
• Timely Completion – As the project is RERA-approved, it will be completed in the given timeframe, and the buyer can complain if it is not completed in time.
• No Delay Payment - Buyers can get interest on delayed payments if the project is not completed on time.
• Buyer Protection -Consumers will receive what the builder has promised them. If not, the buyer can take any legal action against them.

Prestige Raintree Park RERA approval has been given by the RERA Board of Karnataka. The official Prestige Raintree Park RERA number is PR/270824/006981 which has been published on the RERA site as well as the project's official site. After the launch of the project, the booking of units started on 28th Aug 2024.

With RERA, all issues against the buyers have decreased fully. If builders fail in any of the laws, buyers can file complaints against them. It provides the buyer with complete hope and buy their dream home in Prestige Raintree Park.

The project is an upcoming development on Whitefield. The location is ideal for shifting as it has the best transport network. The brochure lists the modern features of the project. It has a big clubhouse with the best luxury features. The clubhouse has a spa, swimming pool, indoor games area, etc. The outdoor play area features sports, pet parks, gardens, kids' play areas, etc.

The brochure shows the outline of this project site over an area of 21 acres. It also shows the security features and eco-friendly features. It shows the other modern features of the project, and it has everything that a modern buyer desires.

The project is custom-made to give a good experience with the finest features and a sustainable area. The project has big green spaces, adding a touch of style to the project. The brochure shows that the area has a lot of shopping hubs and schools, making it an ideal location for families. It is close to many IT Parks, providing people with job openings.

The project brochure will have all the details about the floor plan, modern features, and project area. It helps buyers get all the details easily in one place. Download the Prestige Raintree Park Brochure PDF for more information about this project.