Daijiworld Business Network
Mangaluru, Jun 12: The Prestige Group, India’s leading property developer, is all set to redefine Mangaluru’s landscape with its latest project - Prestige Valley Crest, comprising two high-rise towers and spread over a sprawling 4.75-acre site, the development houses over 500 apartments spanning 1-bedroom, 2-bedroom, 2.5-bedroom, and 3-bedroom units.
Located in the tranquil, tree-covered neighbourhood of Bejai Main Road in the heart of Mangaluru, Prestige Valley Crest offers a lush escape into the depths of nature, while providing every convenience of city life. With their futuristic outlook, Prestige Group is introducing Mangaluru to the concept of 2.5-bedroom units with this development.
Prestige Valley Crest’s design follows a theme that takes into account comfort and aesthetic appeal. Offering optimal ventilation and light, the development is meticulously designed to suit the resident’s specific housing needs. The world-class development offers its residents unparalleled quality of life, with a plethora of amenities spanning a well-equipped clubhouse, a squash court, badminton court, tennis court, table tennis area, party hall, an indoor games area, a swimming pool, steam sauna, a gymnasium, a mini theatre, and a reading room.
Prestige Valley Crest has efficient systems in place to reduced water consumption - a water treatment plant, rainwater harvesting practices, and use of recycled water for gardening. In fact, the development is consistent with its commitment to creating a nature-friendly environment; a majority of its land has been dedicated to green cover, and solar water heating facilities have been accommodated. Over 65% of the property has been set aside for landscaping, and houses the garden, yoga meditation space, children's play area and a sitting area for the elderly.
The development boasts of a spectacular sky lobby, serving as an entertainment area for guests. Perched on a plush podium raised above the six-floor car park, the sky lobby is connected to the main drop-off point by two splendid capsule lifts offering a view of the surroundings. In fact, the whole tower as a unit comes with a 360-degree view of the city, with its spaces carefully designed to offer maximum visual delight.
Accommodating a total of 510 residential units, Prestige Valley Crest comprises two residential towers - one with 31 floors and the other with 30. The development offers units of 1BHK (677-698 sq ft), 2 BHK (1196-1376 sq ft), 2.5 BHK (1410-1447 sq ft), and 3 BHK (1625-1713 sq ft).
Three emergency staircases run through each tower, one of which stops at the podium level, with the other two going all the way to the top. Additional safety measures include fire extinguishers and a smoke detector in each room of every house, equipped to trigger automatic sprinklers in case of a fire.
The ultimate destination for investors and homeowners, Prestige Valley Crest reflects Prestige Group’s expertise, eye for detail, and taste for beauty and luxury.
About Prestige Group
The Prestige Group has firmly established itself as one of the leading and most successful developers of real estate in India by imprinting its indelible mark across all asset classes. Founded in 1986, the group’s turnover is today INR 3,398 Cr (9M FY17, Consolidated revenue). Having completed more than 201 projects covering over 78.03 million sft, currently the company has 60 ongoing projects covering 61.33 million sft and 36 upcoming projects aggregating to 47.23 million sft of world-class real estate space across asset classes. In October 2010, the Prestige Group also successfully entered the Capital Market with an Initial Public Offering of Rs 1200cr. The Market Capital of the company is INR 9,753 Cr (NSE – April 2017).
Now with over 150 landmark developments across the city, the company has extended its expertise to major cities across South India including Chennai, Hyderabad, Kochi, Mysore, Mangalore and Goa. They are also the only developers in South India to boast of such a widely diverse portfolio covering the residential, commercial, retail, leisure and hospitality segments.
Prestige Group, which has shaped the skyline of Bengaluru, brought the same global standards to Mangaluru, with the prestigious Forum Fiza Mall in 2014, and the residential development, Prestige Westholme in 2016. Prestige Westholme, comprising of 20 immaculately designed apartments (luxurious 3-bedroom units) is situated in Falnir. The Forum Fiza Mall, the biggest mall in the city, was established at Pandeshwar. It was a joint venture between the Prestige Group, Fiza Group and Capital Mall.
Prestige is the only CRISIL DA1 rated Developer in India and was also awarded the financial rating of A- by ICRA. They have also won a plethora of international and national awards over the last decade, across categories, including the Asia Pacific Property Awards, Asia Pacific Hotel Awards, Cityscape Awards, Indian Realty Awards, Srishti Good Green Governance Awards, Pevonia Asia Spa Awards, Builder’s Association of India (BAI) and Confederation of Real Estate Developers’ Associations of India (CREDAI) Awards, and many more… They have been winning the coveted FIABCI World Prix d’Excellence Award year on year for their residential and commercial developments and were the only developer from India to win it in 2016 for their landmark luxury residential development, Prestige Silver Oak.
Contact Details:
Prestige Valley Crest
Opposite Bejai Museum Bus Stop
Bejai Main Road
Mangalore 575003
Phone: 0824-4263939 (landline); 7337846535 (Mobile)
Email: ranjan.r@prestigeconstructions.com