Prestige Somerville Completion Date

The completion date is the much-awaited day when the development and construction of the entire project are expected to be completed. It is the day when the ownership is officially transferred from the builder to the buyer.

Prestige Somerville is a township project on Old Airport Road, Bangalore. It offers its residents comfort and luxury. The project is built on 4.5 acres of land and has vast open space. It gives you the joy of living in a luxurious and comfortable home. Prestige Somerville has 2 sky-scraping towers with 330+ flats, including 2, 3, and 4BHK options. Every flat in the project features a large living area with many windows and natural light. The project features large storage areas and a pleasant view of the surrounding greenery.

Type- Apartment

Project Stage- Prelaunch

Location- Whitefield, Bangalore

Builder- Prestige Group

Floor Plans- 2,3 & 4 BHK

Price- Rs. 1.56Cr onwards

Total Land Area- 4.5 Acres

Total Units- 330+ units

Size Range- 1200 - 3200 Sq Ft

Approvals- On request

No of Towers- 2 towers

No of Floors- G+18 Floors

RERA No- On request

Launch Date- Feb 2024

Possession Date - December 2028

Importance of the Completion Date

The completion date is a very important day in the real estate industry. Take a look at these points below to understand the importance of the completion date better:

• The anticipated 2028 completion date will help investors and buyers plan their financing.
• It is the last step of the buying process. On this day, buyers will transfer their final funds to the builder and take over the ownership.
• From 12:00 AM onwards, the buyers will finally be legally and officially responsible for their property. Afterwards, they can move in.

The Prestige Somerville Completion Date marks the transformation journey of the buyer. The completion date is usually an emotional day for most homeowners. It usually reminds them of when they booked this property and finally owned it on completion day. After knowing the completion date, investors also start to plan their finances. They start evaluating market trends to decide.

Things to Do Before Completion Date as A Buyer

The completion date is the last and the most crucial stage in the buying process. To make sure things go smoothly, there are a few steps buyers must take. These steps are:

1. Schedule a home inspection before the completion date to get absolute perfection.
2. Buildings insurance is required before buyers finalise their purchase. They will be responsible if an incident such as a fire or flood occurs before their move-in date.
3. Hire a legal attorney if you have any questions regarding legalities.
4. Getting an assessment makes it easier to find out how much the buyer may borrow in total from any mortgage provider.
5. The seller must accept the buyer’s offer on the property before s/he can close on a house. The buyer’s lender should have preapproved you when s/he makes an offer.

It's not just any day that marks the Prestige Somerville Completion date. This is the day you'll become a part of a thriving community and start living in the centre of Bangalore. This project will foster a sense of well being and belonging within you.

Prestige Somerville Project Highlights