Prestige Marigold Phase 2 Plots

Prestige Marigold Phase 2 Plots lies at Bettenahalli, off NH 44, on the Bellary Road side of north Bengaluru, pincode 562157. NH 44 is the main road north out of the city, so your daily trips will mostly run along it. The developer has not published distances to the airport, offices, schools or hospitals, so we do not quote any here.

Because this is land, not a finished home, think about two timelines. The first is the next few years, while the layout is built and you plan your house. The second is the day you move in, perhaps years later, when the roads, shops and schools around Bettenahalli may look quite different. Buy with the second in mind.

Visit the site and drive the approach road from NH 44, noting how wide it is and whether it floods after rain. Then drive to your office at the hour you would normally leave, and back again in the evening. Find the nearest grocery, clinic and school, and ask the developer which access road the main gate will use, and whether that road is public and already paved.

Prestige Marigold Phase 2 Plots sells land, so there is no floor plan; the house is yours to design. The four standard plots are:

• 30x40 ft (1,200 sq ft), from Rs. 1.02 Crore
• 30x50 ft (1,500 sq ft), from Rs. 1.27 Crore
• 40x60 ft (2,400 sq ft), from Rs. 2.05 Crore
• 50x80 ft (4,000 sq ft), from Rs. 3.2 Crore

That works out to about Rs. 8,500 per sq ft on the three smaller plots and about Rs. 8,000 on the largest. Corner plots, park-facing plots and east-facing plots often carry a premium, so ask for the price of your exact plot.

Land itself does not attract GST, but stamp duty and registration are payable on the sale value. Budget separately for building the house, which comes later and carries its own costs. Ask for a cost sheet that shows:

• The rate per sq ft and the exact plot area
• Premiums for corner, facing or park-side plots
• Development, clubhouse and amenity charges, with any GST on them
• The maintenance corpus and advance maintenance
• Stamp duty and registration

Prestige Marigold Phase 2 Plots has no RERA registration number published for this phase. Ask Prestige Group for it, and check it on the Karnataka RERA website, rera.karnataka.gov.in, before you pay a booking amount. A plotted layout of this size must be registered, and the entry will show the approved layout and the declared completion date.

Plots carry their own set of approvals. Ask to see:

• The land conversion order for residential use
• The approved layout plan from the planning authority
• The release order for your plot, since authorities often hold back a share of plots until civil works are done
• An encumbrance certificate covering at least the last 30 years
• Title documents for the land, back to the original owner

Check that your plot number appears on the approved layout and is among the released plots. At handover, you should receive the registered sale deed and the khata in your name. Only then can you apply for approval of your own building plan.

Prestige Marigold Phase 2 Plots spreads its plots across 55 acres, served by 12-metre and 9-metre internal roads with asphalt carriageways and landscaped avenues. Get a copy of the sanctioned layout and mark your plot on it: its facing, its road width, and how close it lies to the clubhouse, the gardens and the boundary. Images of the finished layout are renders as planned by the developer.

Once houses stand here, a morning could start in the meditation and yoga area or on the jogging and skating track. Inside the clubhouse you will find a gym, a pool and a zone for indoor games. Several sports courts serve the weekends, and children have a play area, and a creche is planned for toddlers.

For quieter hours there are Zen-style and landscaped gardens, plus an open-air amphitheatre for community events. A multipurpose party area can host family functions, and retail spaces inside the gates may cover daily needs. Remember that these facilities serve plot owners whether or not they have built. Ask when each amenity will open, how the maintenance charge will be split, and whether owners who have not built pay the same rate as those who have.