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25 May 2011

Prestige Golfshire is an high-end development featuring a golf course and ultra luxurious villas set against the breathtaking back drop of the picturesque Nandi Hills.

Bangalore, will soon boast a new address, situated a little away from the city with an estimated cost of 800 crores, the project is targeted at India’s uber-rich. The Prestige Group has been synonymous with innovations and has given India several landmark developments that have revolutionized modern industry. Prestige Golfshire is another exclusive creation from the company, set to be the avant garde of luxurious lifestyle armed with convenience and international standards. The project has been approved by the Karnataka Tourism Board and the new luxury resort set amidst the city’s green belt will be completed and open for business in three years time.



A study of ´Super Luxury´ real estate development by Master Sun Consulting pinpoints to the new superbly profitable high end niche in India. The super luxury development and its demand is unfazed by a slowdown in the real estate industry in general. Super premium housing is growing at 25-30%, luxury housing has already grabbed a 10% of the housing market in value terms. Analysts say the country has seen an unmatched surge in demand. Super Luxury in a Growth Orbit India, with a 20.5 per cent increase in the number of HNWIs to 100,015 recorded the second-highest growth rate in HNWIs globally, said the annual World Wealth Report by Merrill Lynch and Cap Gemini.



India trailed only Singapore, where the increase in HNWIs grew by 21.2 per cent. The HNWIs are keen to flaunt their wealth and acquire prestige assets. Realizing the market for super-luxury homes, more and more developers are coming up with million dollar homes in formats ranging from condominiums and suburban town houses to golf villas. Mantri Developers and Prestige aren’t the only ones eyeing the super-luxury market in Bangalore. Dubai’s ETA Star Property Developers (P) Ltd, Nitesh Estates and Skyline Constructions Ltd too have set out to build multi-crore villas in the city.



The Prestige Group’s golf villa development boasts of an 18 hole champion-sized golf course designed by PGA Design along with the mock-up mansions. The mansions reiterate the luxury and grandeur  which is the central theme of this project. Set against the picturesque Nandi Hills, Prestige Golfshire is spread across 275 sprawling acres. The property comes complete with ultra-luxurious mansions, the 300-bed Marriott International Hotel and a private lake.



Adding to the beautiful golf course is the Prestige Golfshire Clubhouse – Falcon Greens, which among other facilities like a well-stocked bar, a cigar lounge and a restaurant, will also house a golf pro-shop. The clubhouse is a unique blend of self-indulgent features, contemporary design and impeccable service. Perched on the highest point of the 275-acre property of Prestige Golfshire is located the 5-star, luxury resort hotel – The Marriott. This hotel is bound to impress with its panoramic view of the golf course, the 300 rooms that include 30 luxury suites, ballrooms, banquet halls, infinity pools, a lounge bar, conference and convention centres.

 “We are aspiring to create premium residential developments that redefine luxury living. The idea is not to create houses or villas but to gift people a lifestyle with each Prestige development. The Prestige Group which is synonymous with many firsts is now all set to gift Bangalore its first world-class golf luxury resort with Prestige Golfshire. With this project, we also introduce the Marriott International Hotel to Bangalore.” says Irfan Razack, CMD, Prestige Group.

And the privileges do not end there- Golfshire also houses the Quan Luxury Spa which will offer classic and signature rejuvenating spa treatments using sciences as varied as Hydrotherapy, Thalassotherapy and Ayurveda. The ultra luxury mansions at Prestige Golfshire come in 8 different, uber-exquisite designs. Designed by the award-winning MAPS design, Singapore and Thomas Associates, Bangalore, these mansions reflect a spirit of serenity, peace and tranquility.  The mansions in Prestige Golfshire have 450 to 575 sqm of enclosed area and spacious sundecks of about 100 to 250 sqm.

However the real estate sector is set to boom and there are aggressive growth plans from companies in the residential, commercial, retail, and hospitality domains that will be visible in the skylines of Bangalore, Goa, Hyderabad, Mangalore, Cochin and Chennai in the coming years. The real estate sector is set to give each city an unparalleled experience with landmark malls, large townships, tech parks, hotels, luxury villas, and SEZs.

 

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