Prestige Fernvale Launch Date is set for 25 December 2025, and is in the prelaunch phase with the prelaunch date set for 15 November 2025. The venture is planned to be completed in 5 years, and the completion date is 25 December 2025. Its possession date is 31 December 2029.
The launch will initiate after the township receives RERA approval, which is in process. This date signifies that the venture is now officially ready to begin its construction within a set deadline. It also helps buyers to plan their budgets and get their homes ready.
Prestige Fernvale is a classic residential township by Prestige Group located on Sarjapur Road. It is a part and Phase 6 of the grand venture, The Prestige City, Bangalore. Spread across 3 acres, the site is home to 2 and 3-BHK units. Its model units, gates, and boundary walls have been built so far.
The launch date is important for buyers as it helps them allocate their budgets. It shows the construction stage, timeline within which the units will be ready to occupy and doesn't keep buyers on hold. The date also helps builders to complete their construction within a set budget and period.
In the launch phase, the booking amount is low to help customers book at affordable prices. It also gives them an option to pick a unit of their choice and the selected floor. Builders promote their township, and this increases more offers and deals.
Before the official launch of the prelaunch stage also helps in promoting the venture. In this phase, buyers avail many prelaunch offers like:
As the launch time approaches, buyers already start booking at EOI, starting at Rs. 9 Lakhs onwards. The current price of the units starts at Rs. 1.38 Crore onwards. The cost sheet, price plan, and payment schedule will be released as well.
When a project is first launched, buyers get the lowest prices (called early-bird pricing). They also receive exclusive offers and discounts that happen before the official launch. Flexible payment plans are also available, along with special deals that might not be offered later on.
During the launch phase, buyers have the best selection of homes to choose from. This includes corner units, apartments facing the park, and options on higher floors. Because the project timeline is clear, buyers can plan their budget better and easily arrange for home loans.
Buying a home early in a township often results in the property's value increasing more over time. As the construction is finished and the facilities and surrounding infrastructure are completed, the property value goes up. This leads to better long-term profit and higher rental income.
Yes, the launch date for the venture is fixed for 25th Dec and will be updated soon on its website and the RERA Board’s website.
The total construction time for Prestige Fernvale is 4 years. These four years will be counted starting from the project's official launch date.
| Type | Apartment project |
|---|---|
| Project Stage | Prelaunch |
| Location | Sarjapur Road, launch-date |
| Builder | Prestige Group |
| Plot sizes | 1150 - 2000 sq. ft. |
| Price | Rs. 1.38 Crore onwards |
| Total Land Area | 3 Acres |
| Total Units | 350 apartments |
| Approvals | Awaiting |
| RERA No | Applied |
| Launch Date | 2025 |
| Completion Date | 4 years from launch |
| Possession Date | 2029 |
| Enquiry |