Falcon news I May I June I July 2015 - Prestige Constructions
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Transcript of Falcon news I May I June I July 2015 - Prestige Constructions
VP Speaks .................................................................... 10Prestige White Meadows ........................................... 12CFO’s Note ................................................................. 14Prestige Gulmohar ..................................................... 15Editorial ....................................................................... 16Prestige Silver Springs ................................................ 18Knight Frank ............................................................. 20Prestige Downtown ................................................... 25Prestige Hermitage .................................................... 26Prestige Golfshire Mansions .................................... 28The Forum Fiza Mall ................................................ 30Inventure Academy ................................................... 32Health ......................................................................... 34Prestige Lakeside Habitat ........................................ 36Prestige Royale Gardens .......................................... 38Prestige Hillside Gateway ........................................ 40The Forum Sujana Mall ........................................... 42Prestige Silver Oak .................................................... 44Prestige Leela Residences ........................................ 46Art Bengaluru ............................................................ 48Oakwood Premier Prestige Bangalore ................... 56Morph Design ........................................................... 58The Forum Vijaya Mall ............................................ 60
The Forum Value Mall ............................................. 62Sublime House of Tea ............................................. 64Prestige Sunrise Park ................................................ 66Prestige Royal Woods ............................................... 68The Forum Koramangala ........................................ 70Aashwasan .................................................................. 72Awards - Additions to our trophy cupboard ......... 73Prestige Golfshire Club ............................................ 74Prestige Property Management Services ............... 76Angsana Oasis Spa & Resort Bangalore ................ 77Top of the table - Samyuktha- our TT star ............ 78City Properties Maintenance Company ................. 80Christel House India ................................................. 82Prestige Song of the South ..................................... 84Groundbreaking ........................................................ 86Prestige MSR ............................................................. 88Prestige Kenilworth .................................................. 90Prestige Summer Fields ............................................ 92Prestige Woodside ..................................................... 94Prestige Deja Vu ........................................................ 96Karunashraya .......................................................... 100Kids’ Section ........................................................... 102
Contents
Editorial Team Uzma IrfanEmail: [email protected]
Magazine Co-ordinatorsPrithwish Kotian Email: [email protected]: +91 70225 97802
Concept & DesignGAAP Communications
Creative TeamGopalakrishna DamodarPramodh NaiduDebalina BhattacharyaRatheesh Babu AEmail: [email protected]: +91 80 2526 4346/47/48
PhotographyManoj Masand
PrintersKala Jyothi Process Pvt. Ltd.
For Advertising, ContactSanjay Jariwal: +91 99002 39492Fahad: +91 88610 [email protected]: +91 98861 [email protected]
For private circulation.Not for sale.
Published by the Corporate Communications Department,
Prestige Estates Projects Ltd., Bangalore.For a copy of the magazine please call: +91 80 25001174
Prestige Group, The Falcon House,
No.1, Main Guard Cross Road,Bengaluru-560 001.
Ph: 080 - 25591080, Fax: 080 - 25591945.E-mail: [email protected]
www.prestigeconstructions.comLike Us on Facebook l Follow Us on Twitter
l Make sure you visit The Falcon Blog, for the latest at Prestige
Credits
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
New York Office: Indehaus www.indehaus.com
REIT - An investment OpportunityInvestment in commercial real estate has always been regarded as a
privilege of HNIs and NRIs who preferred investing in rent yielding
assets such as commercial office space, undivided share in tech parks,
retail shops, etc. With SEBI (Securities and Exchange Board of India)
clearing the REIT listing on stock markets, leading Developers having
annuity portfolio in commercial/retail projects can monetize their assets
by launching REITS in the market. Apart from FIIs(Foreign Institutional
Investors) and PEs (Private Equity Funds), retail investors are presented
with a great opportunity to invest and reap the benefits of REITs from
popular real estate developers!
For those who are not familiar with REITs (Real Estate Investment
Trusts), an REIT is a company that owns and operates income producing
real estate or related assets. They may be office buildings, shopping malls,
Warehouses, Hotels etc. An REIT buys and develops properties primarily
to operate them as part of its investment portfolio. Like mutual funds,
REITs will pool in money from investors and issue units in exchange.
Similar to the equity markets, REIT can be listed and traded on stock
exchange like shares and expected to provide both liquidity and diversity
in one’s investment portfolio.
REITs have been successful across many countries providing their
stakeholders various advantages as a successful investment alternative.
Very soon, with as little as INR 2 lakhs, retail investors can invest in
REIT’s of marquee commercial real estate portfolios of leading
commercial office/ mall developers in the country, without the hassle of
physically owning and maintaining commercial real estate.
Though the recent Union budget provided much needed respite on the
MAT (Minimum Alternate Tax) corporate taxing, the DDT (Dividend
Distribution Tax) applicability and also the disparity in vesting period for
long term capital gains on REITs of 36 months has been a dampener.
These regulatory hurdles have delayed the launch of REITs by several
developers. The industry is hopeful of a positive approach from the
Government in amending the tax structure to make REITs a lucrative
Investment.
Nanda KumarVP - Sales
10 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Fully air condetioned with modern decor & amenities. To know more:
Call: +91 72593 06655, +91 80256 39450Email: [email protected] Website: www.twentyfourtechhotel.com24 Tech Hotel at Prestige Tech ParkSarjapur-Marathahalli Outer Ring Road, Kadubeesanahalli, Bangalore - 560 103
Corporate events Anniversaries Parties Birthdays Weddings
TuRN EvERY EvENT INTO A mEmORAblE, ONE-Of-A-kINd OCCAsIONVP SPeak
True luxury is the leisurely art of making even the extraordinary look
passé. It is not something that is aspired to, but is recognised by finely
tuned sensibilities and sophisticated tastes.
The truth of these statements become manifest when one casts
even a passing glance at Prestige White Meadows at Whitefield in
Bengaluru. It simply makes everything else pale into insignificance.
Effortlessly.
Prestige White Meadows is an extremely exclusive community that
offers ultra luxury homes for the very upper crust. Situated on a
gentle hillock in Whitefield, Bengaluru’s most sought after suburb,
Prestige White Meadows comprises 289 Sky Villas in four high rise
towers of upto 27 storeys and 60 Independent Bungalows set in
scenic grounds. Altogether painting a picture of a blissfully luxurious
neighbourhood that reposes in unquestioned majesty.
The Bungalows are situated on stepped terraces that circumscribe
the gradual acclivity of Prestige White Meadows, while the high rise
towers are located on the flatter terrain along its periphery.
The Bungalows, with areas ranging between 5576 sft and 6219 sft are
3 storeyed edifices set in scenic streetscapes. The residential towers
offer a choice of single level units, duplex, triplex and penthouses
with areas between 4041 sft, 6651 sft, 7854 sft and 12066 sft. The
homes in the towers are designed as ‘villas in the sky’, thus marrying
the twin benefits of undisturbed privacy and high rise splendour.
This ethereal experience is enhanced in the triplex homes, located
on the upper 3 levels of the towers, which have ‘floating’ swimming
pools. Prestige White Meadows’ landscape is dense and lush with a
variety of foliage, including shade trees, all serving to cool the air and
keep it pristine. Meandering among these dense groves is a network
of pedestrian trails and walkways, with the overall topography being
punctuated by water bodies.
Prestige White Meadows also pampers its residents with a fully
accoutered clubhouse, which comes with every amenity that is de
rigueur with a lifestyle of consummate luxury.
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
When luxury is a Way of life
for an appointment to view the show homes:+91 81975 94333
Toll free: 1800 313 0080
Prestige Estates Projects limited‘The Falcon House’, No.1, Main Guard Cross Road, Bengaluru-560 001,
Ph: +91-80-25591080, Fax: +91-80-25591945.
E-mail: [email protected] White meadows marketing Office: Whitefield Main Road, Near Forum Value Mall,
Whitefield, Bengaluru -560 066, Ph: 28456225.
Interiors by
Shot at location
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12 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 13
New York Office: Indehauswww.indehaus.com
www.prestigeconstructions.com
Guidance Vs Achieved
In order to ensure highest levels of investor confidence, governance and transparency, the Company sets out guidances at the beginning of the fiscal and monitors the same on a regular basis. A brief summary of the performance of the Company during Q1FY16 against the guidance is as under:
Particulars Target for Full Year Achieved Achieved FY15-16 FY15-16Sales (Rs. Mn) 57,500 - 60,000 6,112 11%Turnover (Rs Mn) 40,000 - 42,000 13,601 34%Collections (Rs. Mn) 37,500 - 40,000 8,445 23%Launches (Mnsf) 12.00 0.00 0%Completions (Mnsft) 15.00 0.12 1%
With the sizable unrecognized revenue, and more than 10 projects lined up for launch during this fiscal, we are well positioned to achieve the set targets.
Outlook
Going forward, the Company wishes to continue adding to the growing project portfolio with more developments across segments by leveraging upon its core strengths: strong connection with clients and customers, stable financials and unmatched execution capabilities.
The Company will focus on strengthening annuity income through expanding the rental portfolio. Further, riding on the opportunities derived from changing demographics and consumer preference, Company plans to launch about 10-15 mn sq ft of residential projects.
Q1FY16 PErFOrMAnCEbrief Overview (Q1fY16)
During Q1FY16, despite the slowdown in the real estate sector across the Country, the Company has achieved satisfactory performance, which is in tandam with the target for FY16. During the quarter, compared to other cities, the Bengaluru market remained an outperformer, with strong absorption of commerial space across the micro markets, which will positively impact the residential segment. Going forward, we expect demand drivers and affordability to improve, which will bring buoyancy in the sector.
for the Quarter ended 30th June 2015 (Q1fY16)
financial Highlights (Q1fY16, Consolidated)
From the fiscal year 2015-16, we have initiated to publish quarterly consolidated financials. During Q1FY16, the Company has clocked revenue of Rs. 13,601 million, EBIDTA of Rs 3,399 million and PAT of Rs 1,404 million. EBITDA margin stood at 25% and PAT margin stood at 10%.
financial Highlights (Q1fY16, standalone)
During the Q1FY16, the Company has clocked revenue of Rs. 8,182
CFO’s NOTEmillion, up 33% from Rs 6,156 in Q1FY15. Further the Company has registered EBIDTA of Rs.2,118 million, up 12% from Rs 1,895 million in Q1FY15 and PAT at Rs.1,282 million up 23% from Rs 1,041 million in Q1FY15.
Operational Highlights (Q1fY16):
Despite no new launches during the Quarter, the Company has sold 455 Residential units and 0.12 million square feet of commercial space, aggregating to 0.92 million square feet, which translates to sales of Rs. 6,112 million. (Of this, Prestige share is 388 units and 0.10 million square feet of commercial space, aggregating to 0.80 million square feet, which translates to sales of Rs. 5,266 million).
Collections:
Total collections for the quarter aggregated to Rs. 10,373 million. (Prestige share of collections for the quarter aggregated to Rs. 8,445 million.)
Total collections for Q1FY15 were Rs. 8,867 million and Prestige share of collections were Rs. 7,607 million.
Completions:
During the quarter, the Company has completed one residential project (located in Bangalore) with area aggregating to 0.12 Mnsft. However, number of completion will be multifold from Q2 onwards, as various ongoing projects are nearing completion.
14 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Luxury living acquires a new address at
Horamavu, Bengaluru
Artist’s impression
Artist’s impression
Prestige estates Projects limited‘The Falcon House’, No.1, Main Guard Cross Road, Bangalore-560 001,
Ph: +91-80-25591080. Fax: +91-80-25591945. E-mail: [email protected] www.prestigeconstructions.com
unfurl life’s petals in a home that blossoms with joyCall: +91 99029 31014, +91 99000 20188
Toll free: 1800 313 0080
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
Horamavu, the locality adjoining the Outer Ring Road across the way from Banaswadi, was once known for its mango orchards. Today, as part of the expanding metropolis that is Bengaluru, it is rapidly developing into a sought after residential suburb.
This quiet and eminently accessible neighbourhood is now home to yet another superb Prestige residential development. Prestige Gulmohar – a lovely enclave of 404 elegant apartments set in two high rise towers of eighteen and twenty four floors respectively.Each home has been thoughtfully planned to receive maximum natural light and ventilation, and be amenable to the most optimal use of space. The towers themselves are oriented so as to provide the best views over the central green.
Prestige Gulmohar’s clubhouse is everything you would expect a Prestige leisure facility to be and more. All of three storeys high, it is located in a green park bang in the middle of the property overlooked by the towers. It opens up to the swimming pool and an open green space, thus quite literally blurring the distinction between the outdoors and the indoors. It offers you every leisure amenity you could wish for including a health club, a badminton court, a billiards room, a party hall, and more. Space has also been reserved for the establishment of a convenience store where you can source your daily needs.
Importantly, you have ample parking space for both your own and your visitors’ requirements. Parking is provided in four levels, two below ground and two above. So you can blithely have guests over, without ever worrying about where they’ll park their cars.
Sustainability, as with all Prestige projects, is written into the design. Besides the mandatory rainwater harvesting systems and sewage treatment plants, Prestige Gulmohar uses the latest technological advancements such as solar powered lights, energy saving light fittings, sensor controlled lighting, and such, for the common areas.
So, even as you enjoy the comfort, convenience and luxury of a contemporary urban lifestyle, you can rest assured that you are doing so responsibly.
All told, if you are looking for a home in which you can live your life the way you insist upon, to the fullest, look no further than Prestige Gulmohar.
New York Office: Indehauswww.indehaus.com
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 15
As this issue of Falcon News reaches you, we are fast heading into the season of celebration. May I suggest that you add to the festive flavour and give yourself more reasons to celebrate by opting to invest in a world class Prestige property?
As per a report released recently by Knight Frank, (and reproduced in this issue for your benefit) South Bengaluru is the go to spot at the moment to get maximum value for your real estate rupee. And in that neighbourhood of the city, you need look no further than two of Prestige’s finest new properties - Prestige Song of the South, the iconic residential development coming up just off Bannerghatta Road and Prestige Pine Wood, the premium high rise residential enclave in the sought after cosmopolitan suburb of Koramangala. Groundbreaking has just been completed for both and development will soon commence. As you will realise, the earlier you make your investment decision, the greater the value that will accrue to you. So, you will do well to get in touch with our marketing team right away.
If your preference is for another part of the city, of course, the Prestige portfolio has something suitable for you, no matter what your need, in every part of Bengaluru. In the North-east, for instance, there is Prestige Gulmohar, offering an elegant lifestyle in Horamavu. In the West, opt for Prestige Westwoods, which presents homes of unimpeachable quality and comfort on Magadi Road. In the East, there is Prestige Lakeside Habitat, where the magic of Disney meets the perfection of Prestige in truly delightful dwellings.
If you are looking for a home that exudes luxury and opulence, then Prestige Leela Residences, in Indiranagar, stands in a regal class of its own. On the other hand, if you combine a passion for golf with your
taste for luxury, then a Mansion at Prestige Golfshire, nestling in the shade of the Nandi Hills, is an absolute must.
On another note, the last week of August saw Bengaluru experience a new order in the
celebration of art as Art Bengaluru wowed the city. For the benefit of those of you who could not visit the event in person, we have covered it in a special photo feature in this issue. I trust that you will find it enjoyable. Meanwhile, Diwali at UB City will be a little more special this year. More information should arrive in your mailbox soon!
Continuing on the retail front, Forum Sujana Mall at Hyderabad, Forum Vijaya Mall at Chennai, and Forum Fiza Mall at Mangaluru have all planned out some great activities to make the festive season all the more celebratory. So, if you are
a resident of these cities, watch your mailbox and look ahead to exciting times!
Before I sign off, I would like to take this opportunity to extend to you and your families my
very best compliments of the season. May you always have cause to celebrate, every day of your life!
Uzma IrfanEditor
Editorial
16 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Shot at location
18 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 19
INdIA REAl EsTATE REsIdENTIAlJANuARY - JuNE 2015 - bENGAluRu
REsIdENTIAl mARkETlAuNCHEs, AbsORPTION ANd PRICE TRENds
mICRO-mARkET sPlIT Of REsIdENTIAllAuNCHEs
Sangeeta Sharma DuttaLead Consultant - Research
The relatively stable Bengaluru residential market suffered a setback in H1 2015, as the number of new launches tumbled by 40% compared to H1 2014, while the sales volume strove to check its decline. The slack in market sentiment could be attributed to the excessive expectations that the real estate industry and homebuyers had in the new government, the delay in which has led both parties to curb their enthusiasm
North Bengaluru has been witnessing persistent interest from the developer community. The region exudes optimism regarding housing demand for the forthcoming years, while recognising the fact that it might take some time, given the nascent state of the office sector there. The presence of the metro rail in West Bengaluru has increased its location’s attractiveness and the number of new launches is expectedto pick up in the coming months
• Bengaluru, touted to be one of the most stable residential markets of the country till recently, suffered a setback in H1 2015, as the number of new launches tumbled by 40% compared to H1 2014. The decline continued to be at a disconcerting figure of 34% vis-à-vis the number of new launches witnessed six months ago (H2 2014).
• The city’s sales volume, too, witnessed a substantial drop in H1 2015, though not as steep as the decline in new launches. While the decline was 18% on a year-over-year (YOY) basis, it was 22% lower than the preceding six months (H2 2014).
• In contrast, despite the decline in new launches and absorption, weighted average prices continued to scale upwards at a gradual pace and saw an increase of 4% in H1 2015 as against the values in H1 2014. The increase in construction costs and the improvement of infrastructure at prime locations such as Yeshwanthpur have primarily been responsible for this price appreciation.
• The slack in market sentiment, which had become apparent in H2 2014 itself, could be termed as one of the major factors restricting developers from launching more projects. The roots of this gloomy development could be attributed to the excessive expectations that the real estate industry and homebuyers had in the new government, the delay in which has led both the parties to curb their enthusiasm.
• On a positive note, we expect the market to pick up in the second half of the year, mainly owing to the large quantum of office space transacted in the city during H1 2015 as well as the upcoming festive period. We estimate new launches to increase by 39% in H2 2015 as compared to H1 2015, although it would still fall short of the number in H2 2014 by 9%.
• The sales volume is also expected to improve in the forthcoming six months, to the tune of around 25%, though lagging marginally behind, by 2% on a YOY basis.
• On the price front, we expect the sluggish growth witnessed in H1 2015 to continue in H2 2015. The period is estimated to witness a 4% increase in the annual weighted average prices, similar to the annual appreciation witnessed in H1 2015.
• North Bengaluru has been witnessing persistent interest from the developer community, with its share in the total number of new launches increasing steadily since H2 2014. Accounting for a 37% share
20 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
mICRO-mARkET-WIsE REsIdENTIAl sAlEsbENGAluRu mETROPOlITAN REGION mAP
The southern and the eastern zones of the city were responsible for the majority of the affordable projects in H1 2015 of the total new launches below the `5 mn ticket size, while North Bengaluru witnessed the launch of the most number of residential units priced above the ticket size of `10 mn
of the new launches in the city in H1 2015, the region exudes optimism regarding the housing demand in the forthcoming years, while recognising the fact that it might take some time, given the nascent state of the office sector there. Locations such as Hebbal, which is fast gaining ground as an upper mid-end destination, as well as growth corridors such as Kogilu, Nagavara, Jakkur and Thanisandra have benefitted largely, owing to their improved connectivity and proximity to the IT parks and the international airport.
• South Bengaluru, too, observed a significant number of new launches in H1 2015, leading to an improvement in its share, compared to the preceding six months. Positive sentiment in the IT/ITeS sector seems to have led to the resurgence of residential development in this region after a dismal H2 2014. However, it has still not been able to achieve the level of H1 2014 with most of the existing under-construction projects yet to offload a significant portion of their inventory.
• West Bengaluru’s share, which had shown potential in 2014 with an increasing trend of new launches, has fallen slightly behind in H1 2015. This could be attributed to the dearth of contiguous land parcels at prime locations where large-scale projects can be developed. Nevertheless, the presence of the metro rail has increased the location’s attractiveness and we foresee the number of new launches to pick up in the forthcoming months.
• Central Bengaluru, the traditional bastion of the upper segment, witnessed a limited number of new launches in 2014 and H1 2015. These comprised small, boutiquestyle projects with very few units, owing to land constraints, as a result of which, the region’s share is not reflected categorically in the chart.
• The southern and the eastern zones of the city were responsible for the majority of the affordable projects in H1 2015, accounting for 44% and 31%, respectively, of the total new launches below the `5 mn ticket size. South Bengaluru also witnessed the highest number of new launches in the mid segment, the ticket size ranging between `5–`10 mn. In contrast, North Bengaluru witnessed the launch of the most number of residential units priced above the ticket size of `10 mn – to the tune of around 36%.
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 21
Despite accounting for the highest quantum of sales volume, South Bengaluru’s share of the total absorption has been on a decreasing trend since H1 2014. This declinein absorption needs to be controlled further, as the unsold inventory is expected to increase in the coming months. Although quite far behind its southern counterpart in terms of sales, North Bengaluru has seen a definite uptick in its absorption
Micro- markets locationCentral MG Road, Lavelle Road, Langford Town, Vittal Mallya Road, Richmond RoadEast Whitefield, Old Airport Road, Old Madras Road, KR Puram, MarathahalliWest Malleswaram, Rajajinagar, Yeshwanthpur, Tumkur Road, VijayanagarNorth Hebbal, Bellary Road, Hennur, Jakkur, Yelahanka, BanaswadiSouth Koramangala, Sarjapur Road, Jayanagar, JP Nagar, HSR Layout, Kanakapura Road, Bannerghatta Road
Micro- markets locationCentral MG Road, Lavelle Road, Langford Town, Vittal Mallya Road, Richmond RoadEast Whitefield, IndiranagarWest Malleswaram, Rajajinagar, YeshwanthpurNorth Hebbal, Bellary RoadSouth Koramangala, Jayanagar, JP Nagar
• The micro-market split of absorption has not undergone any substantial change in the last six months. The eastern and western regions of the city maintained the same volume of sales in H1 2015 as they had witnessed in H2 2014, while Central Bengaluru witnessed a minimal number of sales in all the three periods.
• However, South Bengaluru’s share of the total absorption has been on a decreasing trend since H1 2014. It declined to 40% in H1 2015 as compared to the 48% share in H1 2014, though the fall in the last six months has been somewhat constrained. This decline in absorption needs to be
controlled further, as the unsold inventory is expected to increase in the coming months.
• Although quite far behind its southern counterpart in terms of sales, North Bengaluru has seen a definite uptick in its absorption. While the region’s share of absorption in H1 2014 was just 19% in H1 2014, which increased to 26% share in H2 2014, it amplified to a substantial 29% share in H1 2015.
mICRO-mARkET sPlIT Of uNdER-CONsTRuCTIONuNITs As Of JuNE 2015
PREmIum REsIdENTIAl mARkET lAuNCHEs,AbsORPTION ANd PRICE TRENds
South Bengaluru accounts for the major share of the total number of units under construction, given the fact that the region has been witnessing large-scale residential development in the past years. The region is preferred due to its good social infrastructure and the presence of employment hubs, leading developers to launch their projects there. Additionally, property prices are relatively cheaper in the peripheral locations of the south, compared to the other micro-markets
• South Bengaluru accounts for the major share of the total number of units under construction, to the tune of 43%, given the fact that the region has been witnessing large-scale residential development in the past years. The region is preferred by potential buyers due to its good social infrastructure and the presence of employment hubs, leading developers to launch their projects there. Additionally, property prices are relatively cheaper in the peripheral locations in the south, compared to the other micromarkets.
• The northern and eastern markets have fairly uniform shares of the units under construction, while West Bengaluru has yet to catch up on the residential market scene.
22 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
bENGAluRu mARkET HEAlTH
The QTS for Bengaluru has been increasing gradually. Despite having a relatively lower QTS, South Bengaluru is one of the worst performing markets, with the largest quantum of unsold inventory in the city and a high age of unsold inventory – the consequence of a sizeable number of yearly new launches in the region. The eastern market has the highest QTS in the city, though it has the lowest age of inventory, indicating that the pace of absorption is considerably slow in the region
The demand for premium units in Bengaluru has been lower than the other segments, as the city is mainly an end-user market driven by the IT/ITeS and other services sectors, which generally prefer mid-end residences. However, the weighted average price growth YOY in the premium segment has performed relatively better in H1 2015 than the city’s weighted average price growth
Note: Premium markets include locations where the average ticket size of a residential unit is above ` 20 mn, are in close proximity to the central business district of the city and have witnessed new project launches in the preceding three years
Note: The size of the bubble indicates the quantum of unsold inventory
• The premium market of Bengaluru, which constitutes locations such as Lavelle Road, Richmond Road, Indiranagar and Malleswaram, among others, has observed a decline of 19% in new launches during H1 2015 as compared to the preceding six months. However, this decline is marginal, at 2%, when compared on a yearly basis with H1 2014. Meanwhile, absorption in H1 2015 dropped by 8% as against the same period last year, while the decline has been pegged at 11% compared to H2 2014.
• T he demand for premium units in Bengaluru has always been lower than that of the other segments, as the city is mainly an enduser market driven by the IT/ ITeS and other services sectors, which generally prefer mid-end residences.
• The impact of the economic slowdown on residential absorption has been more prominent in the affordable and mid-end housing segments than in premium housing due to the price-sensitiveness of the consumers of those segments.
• Nevertheless, it affected the new launches of high-ticket projects of the developers in H1 2015 in order to complete their mid-end housing projects and gain confidence of the consumers.
• The weighted average price growth YOY in the premium segment has performed relatively better, at 5% in H1 2015, than the city’s weighted average price growth. Factors such as the exclusivity of the project, product differentiation, luxurious amenities and good connectivity to the city centre have helped the newly-launched projects command a stronger price growth despite a slowdown in demand.
• The quarters to sell unsold inventory (QTS) is the number of quarters required to exhaust the existing unsold inventory in the market. The existing unsold inventory is divided by the average sales velocity of the preceding eight quarters in order to arrive at the QTS number for that particular quarter. A lower QTS indicates a healthier market.
• The QTS for Bengaluru has been increasing gradually since September 2013, and currently stands at eight quarters. However, the QTS for premium markets in the city has witnessed a sharper rise, and is currently at 10 quarters. This rise is mainly due to the fall in demand for premium housing in the last 12 months.
• Despite having a relatively lower QTS, South Bengaluru is one of the worst performing markets, with the largest quantum of unsold inventory in the city and a high age of unsold inventory – the consequence of
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 23
a sizeable number of yearly new launches in the region. Additionally, the eastern market has the highest QTS in the city, though it has the lowest age of inventory, indicating that the pace of absorption is considerably slow in the region, which may ultimately lead to a large inventory build-up.
• West Bengaluru is currently one of the best performing markets of the city, with the lowest QTS, although it has a high age of inventory, signifying that the market has gained prominence in recent times. The metro rail being operational last year has been one of the prime factors behind this development. However, West Bengaluru still does not have sufficient inventory and sales volume compared to the other zones of the city.
• North Bengaluru shares almost the same fate as its southern counterpart, but having evolved later than the south, it enjoys the advantage of a smaller unsold inventory size and a lower QTS. Thus, we expect this market to gain momentum once the office sector earns prominence in the near future.
• The premium residential market of Central Bengaluru, with a QTS of 9 and an age of inventory pegged at 8 quarters, does not have a key role to play due to its minimal unsold inventory size.
location micro-market Price range in 12 month 6 month
H1 2015 (`/sq ft) change change
Langford Town Central 15,000–21,000 9% 3%
Lavelle Road Central 22,000–30,000 4% 0%
KR Puram East 4,000–6,750 8% 2%
Whitefield East 4,500–8,500 8% 4%
Marathahalli East 4,500–7,000 2% 2%
Indiranagar East 9,000–12,500 2% 2%
Yeshwanthpur West 6,500–10,500 6% 6%
Malleswaram West 9,000–13,000 5% 5%
Rajajinagar West 8,500–14,000 6% 2%
Tumkur Road West 4,000–4,800 4% 1%
Yelahanka North 4,500–7,000 0% 0%
Hebbal North 5,000–9,500 4% 0%
Hennur North 4,500–6,200 10% 5%
Thanisandra North 4,000–7,200 2% 2%
Sarjapur Road South 4,500–7,200 4% 4%
Electronics City South 4,000–6,500 5% 2%
Kanakapura Road South 4,300–6,000 6% 0%
Bannerghatta Road South 4,200–7,200 2% 2%
Projections H2 2014 H2 2015E Growth
Launches (units) 32,589 29,701 -9%
Absorption (units) 28,445 27,897 -2%
Weighted average price (`/sq ft) 4,585 4,751 4%
PRICE mOvEmENT duRING H1 2015 OuTlOOk fOR THE NEXT sIX mONTHsPrice appreciation across most locations in Bengaluru has been rather tepid during the last 12 months and ranged between 2–10%. The growth in price slowed down further in the last six months, primarily due to the subdued sales volume and a huge amount of unsold inventory present in the market. The range of price appreciation during this period has been within 1–6%
• Price appreciation across most of the locations in Bengaluru has been rather tepid during the last 12 months and ranged between 2%– 10%. The growth in price slowed down further in the last six months, primarily due to the subdued sales volume and a huge amount of unsold inventory present in the market. The range of price appreciation during the period has been within 1%–6%.
• The weighted average price increase has been slightly higher in the premium segment in the last 12 months compared to the growth in the city’s overall price. This growth has been higher, at 3% in the previous six months, compared to the city’s growth of 1%, which could be attributed to the improvement in infrastructure in select prime locations.
• While H1 2015 has been less than encouraging, we expect the second half of the year to bounce back satisfactorily. Market sentiments are likely to be more upbeat, primarily owing to the large-scale absorption in the office sector and the revival in manufacturing activity, as well as the festive period that generally witnesses an increased sales volume. However, the projected new launches and absorption in H2 2015 will still fall short of the figures in H2 2014 by 9% and 2%, respectively, since the decline in H1 2015 has been quite significant.
• West and North Bengaluru are expected to witness increased developer and buyer interest, chiefly due to infrastructure development. West Bengaluru, with its slew of premium projects and metro rail connectivity, will soon be considered one of the prime residential destinations in the city. Not to be outdone, the northern region has immense scope for residential demand, given the quantum of office space under development, although a lot depends on its ability to find favour with leading office occupiers.
• South Bengaluru will continue to witness new launches, but at locations further away from the city centre, thus impacting the buying decisions of the potential customer, who may not be too keen to settle down so far. At the same time, locations around the Outer Ring Road will witness increased traction due to their proximity to employment hubs.
• East Bengaluru will remain on the radar of the mid-segment homebuyer engaged with the IT/ITeS sector, while locations further away from the city, such as Hoskote, will gain prominence in the forthcoming periods.
• On the price front, we expect the weighted average price in Bengaluru to increase marginally, by 4% in H2 2015 compared to H2 2014, on the back of an improved sales volume.
Source: Knight Frank Research
Source: Knight Frank Research
Source: Knight Frank Research
location Weighted 12 month 6 month average price change change in H1 2015 Bengaluru 4,650 4% 1% Premium 8,620 5% 3% markets
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Artist’s impression
In one of the oldest neighbourhoods of Bengaluru, is a towering edifice of G+23 floors, with 23 plush apartments, one on each floor! Prestige Hermitage on Kensington Road, Ulsoor, a landmark of epic proportions conceived as a magnum opus of style and splendour, and one of Bengaluru’s finest addresses, credits itself to a plethora of nature’s bounty, with an abundance of wind, water and sun.With its imposing exterior, innovative layout, and cool, contemporary styling, Prestige Hermitage is designed for those seeking a truly sophisticated home. Here is a development that makes an instant impression and exudes luxury in every sense of the word. Ulsoor is a hop, skip and jump from MG Road, arguably the most well-known road in Bengaluru, and the other main thoroughfares nearby are CMH Road, the busy Commercial Street, Old Madras Road and Brigade Road. All of these have several fashion outlets and supermarkets and is the main shopping area for the residents of Ulsoor. Blessed with all amenities, it is home to many hospitals and schools like Cloudnine Maternity Hospital, Chinmaya Mission Hospital & Amar Jyoti Nursing Home, and schools like the Frank Anthony Public School, St. Josephs College of Commerce, St. Germains High School, St. Johns High School, St. Francis Xavier’s Girls High School, The Army Public School and many more such reputed educational institutions. Churches like the Trinity Church and the East Parade Church are very close by. The Sikh Gurudwara is also close by.Empower your evenings with a stroll in the walkways of Ulsoor lake, just round the corner. Allow the constant breeze to lift the curtains of your home and flutter a few moments of quietude into a busy day at Prestige Hermitage.
Prestige Estates Projects limited ‘The Falcon House’, No.1, Main Guard Cross Road, Bengaluru-560 001
Ph: +91-80-25591080, Fax: +91-80-25591945, E-mail: [email protected] www.prestigeconstructions.com
Like us on Facebook • Follow Us on Twitter • Make sure you visit The Falcon Blog, for the latest at Prestigel Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru
l Mysuru l Indehaus - New York
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TOWERING luXuRY
New York Office: Indehauswww.indehaus.com
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Images are artist’s impression
For mansions: +91 88610 03657Prestige Golfshire, Nandi Hills Road, Karahalli Post, Devanahalli Taluk, Bengaluru - 562 110.
P: +91 80 2801 5800 l E: [email protected] l M: +91 88610 03657 l www.golfshire.com
Like Us on Facebook l Follow Us on Twitter l Make sure you visit The Falcon Blog, for the latest at Prestige To visit Prestige Golfshire: http://www.prestigeconstructions.com/golfshire/overview.php
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Its action non-stop at Forum Fiza
Mall!Congratulating miss India supranational Miss India Supranational 2015 – Aafreen Racheal Vaz, who studies medicine in Mangaluru, was felicitated by Forum Fiza Mall. It was a proud moment indeed for all Mangalurians.
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kids Carnival at mangalore Central Talented kids and their parents had a great time learning the latest filmy dance moves at a 2-day workshop conducted by Mangalore Central in association with Allen Solly Junior at the mall.
Forum Prince & Princess and Mother’s Day CelebrationsMothers and kids were the centre of attraction at the mall on the 10th of May.
Kids, aged 3 to 6 years, mesmerised the crowd with their performances in the Forum Prince and Forum Princess competition conducted in association with Cambridge International School.
Following this, the spotlight was turned on to the moms. A Mother’s Day cake was cut and the moms strode the ramp with aplomb to cheers from the gathering.
Colorama Drawing CompetitionColorama’15, the drawing competition, was conducted in the food court for children between 4 and15 years. The talented little artists amazed everyone with their creativity.
mangaluru super santheMangaluru Super Santhe, a flea market, showcased custom handmade art, original handicrafts, jewellery and more such at the mall and provided a great forum for art enthusiasts to take home beautifully crafted creations.
max little Icon Grand finaleThe Max Little Icon Grand Finale held at the mall saw the top 30 participants aged between 4 and 14 years walking the ramp and entertaining the crowd.
Forum Fiza Mall Anniversary Celebrations with Chhota bheemForum Fiza Mall gave the kids of Mangaluru a thrilling anniversary treat, when India’s favourite super hero, Chhota Bheem visited the mall and interacted with them. Prior to this, for a week, children got to play interactive games and participate in workshops in yoga, paper crafts and much more.
The Anniversary Cake was cut by Chhota Bheem and his gang and distributed to all the kids present.
On this occasion, the winners of the shop &Win programme were announced and presented with rs.2 lakhs worth of free shopping.
ramadan and Eid at the MallThe month of Ramadan and the Eid festival with which it concludes were marked at Forum Fiza Mall with special decor. The central atrium featured a glowing moon and stars and there were beautifully thematic installations at both the mall’s entry points, which inspired customers to take selfies and capture the moment.
IftaarIftaar was arranged at the Food Court during Ramadan. On an average 300 packs per day were distributed to help the faithful break their fast in the proper manner.
food street becomes the talk of mangaluruThe Forum Food Street specially set up at the mall proved to be a big hit with the city’s foodies with its authentic tastes and flavours. The Forum Food Street quickly became the talk of the town and the subject of several food blogs as well.
daiji World short film festivalDaiji World, a popular regional TV channel, celebrated its anniversary and short film festival at the mall, on which occasion upcoming reality shows were also unveiled.
International Yoga dayInternational Yoga Day was celebrated at the mall in association with TRRAIN & ISHA Foundation with specially conducted group yoga sessions.
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news from INvENTuRE ACAdEmYInventure Academy is always bubbling with activity and this Academic year 2015-16 has been no exception. We have had several exciting events happening in the past 3 months:
Inventuring Week
Inventuring Week was chockablock with fun, excitement, adventure and
learning. As a part of this exercise students went on an Empathy walk, first
in school where they met support staff and interviewed them to understand
their lives and the issues that they dealt with. The exercise was then repeated
in Dommasandara and Gunjur where they collated more information about
the people they met which was an insightful experience for the students.
Annual Awards day:
The Annual Awards Day at Inventure Academy celebrates excellence across
academic and co-curricular fields and recognizes the efforts of students to
realize their potential. The academic excellence awards were presented to
Grade toppers and subject toppers of 2014-15. In the Senior school, the
Board exam toppers were awarded with certificates and cash vouchers. The
Awards Day function was well attended by parents who applauded with
enthusiasm. The spirit of the day was one of joy and celebration.
Inventure Completes 10 years:
Team Inventure is proud to announce that we are completing Ten years
in the field of education. We represent the changing
face of education in India using a combination of an
international and proven academic curriculum, and
diverse co-curricular activities backed by state of the
art infrastructure. We endeavor to instill in students the
ability and conviction to realize their full potential, be
socially responsible citizens and excel anywhere in the
world.
Outbound Trip:
Grade 10 students from Inventure Academy embarked on the INME
Outclass outbound trip. The theme was ‘Leadership and Decision Making’
and the destination was the white waters of Rishikesh. The outbound trip
was anything but a school excursion – it was truly an adventure as a learning
initiative, offering lessons that cannot be taught in a classroom. The students
of other Grades are looking forward to an exciting adventure ahead of them
in October-November
Our lakes Our voice
Inventure Academy in collaboration with American India Foundation’s Youth
Ambassador Program flagged off its new initiative for 2015 – ‘Our Lakes,
Our Voice’ on 01 July.
Together with KK English School, Meghshala, Namma Bengaluru Foundation
(NBF), Srishti School of Art, Technology & Design and Whitefield Rising,
Inventure Academy strives to present opportunities to the students to
become socially responsible citizens, with a voice to recommend and make
changes in the world around them. This initiative focuses on using Varthur
Lake, a 450-acre water body in the vicinity as a case study to understand the
impact of human development on the natural environment, with regard to
water as a scarce resource.
sAT Results
Our students had some great scores in the SATs held this year. Namrata of
Grade 12 had a super score of 2340 and an overall score of 2300. Sridhar and
Nihal of Grade 12 had perfect scores in all the three subjects. Sahiti of Grade
10 got 800/800 in Math and Physics.
Investiture Ceremony
“A leader is one who knows the way, goes the way and shows the way.” -John
C. Maxwell
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The Investiture Ceremony was a special day for our
student council members, as well as their parents who
attended with great pride and enthusiasm. The council
was sworn in, with the specific house advisers proudly
pinning new badges onto the respective leaders.
The Council Pledge, led by Principal Mallika Sen was
taken by all the captains and house captains, who
promised to uphold Inventure Academy’s values and
strive for excellence in every field. We are confident that
the Student Council will lead with their commitment
and competence.
INmuN
As the curtain falls on INMUN 2015, it was time for
introspection and to find answers that best describe
the wonderful experiences of Model United Nations
at Inventure. Our young students discussed matters of
current affairs with great confidence with one of India’s
defense strategists Mr. Uday Bhaskar, who participated
via video conference from Delhi. Despite the grueling
session of two days, the audience remained respectful
and intense as Chairs representing each committee
talked on points of deterrence or war, the Kashmir
issue, the position of UN today, the Indian-Sino war
of 1962 and its impact on relations today, and so forth.
HMUN
Inventure Academy is proud to share our students’
stellar performance in Harvard Model United Nations
2015 (HMUN 2015). Organized by MUN Café in
collaboration with the Harvard University, HMUN
beyond the bubble enthralls bengalureans!
Amidst much excitement and fanfare, Inventure Academy’s musical – drama ‘Beyond the Bubble’
(Directed by Arati Punwani Sunawala and Tarantismo, and written by Ram Ganesh Kamatham),
premiered at the MLR Convention Centre, Whitefield, to an enthusiastic, expectant and appreciative
audience. The morning show was attended by schoolchildren while the evening show was open to
a general audience. The shows were extremely well appreciated and the student’s efforts in the past
few months showed in their scintillating performance. The proceeds collected through this show
went towards Inventure Academy’s ongoing lake revival project, ‘Our Lakes, Our Voice’ (OLOV).
The funds will be earmarked to create awareness through campaigns in and around Varthur on the
deteriorating environmental situation, to revive a nearby dry lake bed that existed 20 years ago and
to conduct Kere Habba, a community lake festival.
is known for its quality in discourse and
discussion. This year our students won 5
awards.
sports and Extra Curricular Activities:
Inventure Academy has been winning
medals at National and International
levels in swimming, sailing, athletics, and
football. Inventurers continue to shine in
music, art and dance getting recognized
globally for their great talents. Some of
them even contribute for social causes
and help raise funds. They are encouraged
to work on their career at a young age
through brilliant internship opportunities.
Event name Achievements
Go Karting Paul (Grade 8) Represented India in the European Championship
Swimming Saloni (Grade 8) Won 3 Gold, 2 Silver and 2 Bronze medals
Sailing Vir (Grade 12) Won the Championship at the Monsoon Regatta
Football Inventure Academy Won against Primus by 2-1 goals
Dance Vinaya & Team Won a bronze medal
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The Pomegranate keeping humans healthysince biblical times
HEALTH
The pomegranate is one of the oldest fruits known to have been cultivated and consumed. It was prized in the Mediterranean region and the Middle East many millennia ago and has been mentioned in several historical treatises.
Besides being relished as a fruit, its many salutary properties also made it the apothecary’s favourite and it finds a prominent place in the pharmacopoeia of many systems of traditional medicine. Modern research has also shown the pomegranate to be an excellent source of several vitamins, dietary fibre and many other essential nutrients.
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In Ayurveda, India’s traditional medical system, the pomegranate’s rind is used to treat diarrhea and other intestinal problems. Its seeds and juice are considered good for the heart.
According to modern research, a 100-g serving of pomegranate seeds provides 12% of the Daily Value (DV) for vitamin C, 16% for vitamin K and 10% for folate. The seeds also provide up to 20% of the daily requirement of dietary fibre. Its high vitamin K content helps to support bone health and high vitamin B5 content helps the body metabolize protein, carbohydrates and fats.
Pomegranates are excellent sources of manganese, which helps to form bone structures, and potassium that helps to maintain cellular functions and balance fluid levels.
The fruit is also high in phosphorus, magnesium, calcium, zinc and iron.
The pomegranate is also a rich source of antioxidant polyphenols, which help to neutralize disease-causing free radicals in our body. To derive the maximum benefits, however, one must drink the juice freshly drawn, rather than processed and packed.According to a study in the American Journal of Clinical Nutrition, pomegranates, being rich in antioxidants, can prevent the oxidization of LDL cholesterol, also known as ‘bad’ cholesterol.
The pomegranate has also been traditionally used for clearing up the skin and reducing inflammation. It is said to protect the outer
layer of the skin by encouraging skin cell regeneration, and to help in the repair of tissues and the healing of wounds.
Pomegranate extracts are extensively used in cosmetics products as they can help to keep the skin soft and supple, by making the skin produce more elastogen. They have a molecular structure that can penetrate deep layers of most skin types to provide additional moisture.
The oil of a pomegranate contains the antioxidant ellagic acid that can help to inhibit skin tumors and offer a measure of protection from skin cancer.
Pomegranate juice can also be useful for the treatment of sore throats.
All in all, this ancient ‘fruit with a crown’ is a potent powerhouse of good health and a delicious one at that.
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 35
Can any of us imagine how our childhood would have been without Disney? Unimaginable isn’t it? The many hours of joy and entertainment that Mickey, Donald, Goofy, Pluto and all their friends gave us are immeasurable in their value. They touched a magical chord deep within us, so much so that we treated them as our friends, they belonged to us.
Well, for all those of you, who hold fast to these memories and want to relive them, Prestige, in association with Disney, brings to Bengaluru, the city’s
the air and will make living here a truly enthralling experience.
One captivating facet of Prestige Lakeside Habitat is the humungous 80 acres of landscaped open space it affords you. Talk about a breath of fresh air, this is indeed more than a lungful. You’ll be hardpressed indeed to put your finger on another development that gives you open space that is this expansive. And what makes it even better is that all around you, you will see your favourite Disney characters represented in one form or the other. Everywhere you go, you will be enveloped in an ethereal, magical atmosphere that is both enthralling and reassuring.
The apartments come to you in a choice of configurations, so you can select the one that most closely fits your requirements. Spread across eleven high rise towers, they are spacious and focused on facilitating better family time.
The villas are simply out of this world. With quaint brick faced elevations, gabled roofs, and arched porches and windows, they present an old world charm that immediately brings to mind the delightful illustrated houses in fairy tale books. Now, isn’t that the sort of home that you always wanted to live in?
Out of this world, one of a kind, beyond the imagination…..
first and only Disney themed township - Prestige Lakeside Habitat.
This sprawling luxury enclave is located on the Whitefield Sarjapur Road, overlooking the scenic Varthur Lake. Spread over 102 acres, it has 3426 apartments, coming in two, three and four bed configurations and 271 villas set in their own private gardens.
The entire township and each of the 3697 dwellings is designed around a Disney theme to offer you a veritable fairyland to call home. The magic of Disney suffuses
36 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Artist’s impression
New York Office: Indehauswww.indehaus.com
Experience the magic.Visit the show home.Call: +91 99000 45689,
+91 99000 45698, Toll free: 1800 313 0080
The Falcon House, No.1, Main Guard Cross Road, Bengaluru-560 001, Ph: 080 - 25591080, Fax: 080 - 25591945, E-mail: [email protected] www.prestigeconstructions.com.
Like Us on Facebook l Follow Us on Twitter l Make sure you visit The Falcon Blog, for the latest at Prestige. To Visit Prestige Lakeside Habitat online: http://prestigeconstructions.com/lakeside-habitat/overview.php
A Prestige Group - MRG Group Joint Venture
Make the fairy tale yours today, rs.61 lakhs onwards at Whitefield - sarjapur road, bengaluru
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Life at Prestige Lakeside Habitat promises to be one entertaining experience after another. You will, quite literally, never run out of ways to fill every minute with sixty seconds of fun. Think about this. Where most such enclaves offer you the standard clubhouse, with its set of vanilla features, Prestige Lakeside Habitat gives you five different clubhouses, each with its own distinct character and multifarious luxury leisure amenities!
Now, if all this has got you really excited and keen to own a home at Prestige Lakeside Habitat, you’ll need to move fast. Phase 1 of the development has already been sold out, so act quickly to make your dream come true.
In fact, what you should also do is drop by the site and explore the Prestige Lakeside Habitat show home. This will give you a first hand feel of the magical dwelling that you can call home.
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l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
Shot at locationshot at location
shot at location shot at location Artist’s impression
Images are shot at location
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Step into a dream… a magical abode of discovery and adventure…into the world of castles and princesses…only, this time your princess needn’t rush home before midnight - at Prestige Hillside Gateway - Kochi’s first Disney themed homes, with luxury villas and premium apartments co-located with a world-class mall. Be catapulted into an enchanting world, almost surreal, that makes the real world seem far away.
Prestige Hillside Gateway is strategically located at Kakkanad, in a prime, high demand zone close to Infopark, SmartCity and the Cochin Special Economic Zone. The development has One-Bed, Two-Bed, Two-Bed + Study, Three-Bed, Three-Bed + Maid’s Room, and Four-Bed + Maid’s room homes. These high end homes come with a three storey Clubhouse with Swimming Pool, Mini Theatre, Convenience Store, Card Room, Multi-Purpose Room, Gym, Squash Court, Badminton Court, Table Tennis, Billiards, Indoor Games...and more! It is close to Mar Thoma Public School and Bhavans Adarsha Vidyala, Indian Public School & German Metropolitan International School, Management Schools and Engineering colleges like Kochi Business School and Rajagiri College of Management & Applied Sciences. The Cochin International Airport is hardly 25 kms away and the Railways Station is a short drive away. Well reputed healthcare facilities like Sunrise Hospital, Ernakulam Medical Centre and Renai Medicity are all situated within a radius of 3 to 8 kms.
Journey into your imagination and live the fairytale life. Welcome to a habitat filled with enchantment and unforgettable moments. Stride through Prestige’s signature landscaping and cobble-stoned pathways, and explore these homes that are the epitome of luxury. Homes, where childhood innocence is reborn and memories are made! Enjoy pleasant evenings with your family as you foray into Neverland, breathe in the magic and retell those tales of yore...at Prestige Hillside Gateway.
LET YOUR IMAGINATION TAKE WING!
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Like us on Facebook • Follow Us on Twitter • Make sure you visit The Falcon Blog, for the latest at Prestigel Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
Prestige Estates Projects limited No: 96, 10th Floor, Abad Nucleus Mall & Office, NH - 49, Maradu P.O. Kochi - 682304 Ph: +91 484 4025555. E-mail: [email protected]
Make childhood a permanent part of your lifeCall: +91 90484 43444
Toll Free: 1800 313 0080
Prestige Hillside Gateway site Address: Infopark Road, Kusumagiri P.O. Kakkanad, Ernakulam, Kerala - 682030
A Prestige Group – Palal Joint Venture
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 41
New York Office: Indehauswww.indehaus.com
Images are shot at location
IT’s bEEN ACTION All THE WAY AT fORum suJANA mAllIn true Forum style, Forum Sujana Mall in Hyderabad has been a hive of excitement, fun and action. Here is a brief round up of all that happened there recently.
Treasure HuntForum Summer Fun activities kicked off with an exciting Treasure Hunt in which 38 teams of 4 customers each participated. The teams’s task was to locate the keys of the treasure chest by solving a series of clues and performing fun tasks, all leading eventually to the keys. The winning teams won gift hampers from Bajaj Electronics.
Gaming Mania strikes!Next up, gamers took over the mall. A total of 139 customers participated in the Gaming Mania contest, which was held in
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association with Microsoft using the Xbox One consoles and compatible games. The winning teams won gift hampers from Bajaj Electronics.
fashion show – upping the glam quotient at the mallFinally, it was glamour time at the Forum with the Forum Fashion Runway held in association with The Times of India and Bajaj Electronics.
Choreographed by supermodel Alesia Raut (Choreographer for Miss India and Miss Universe pageants), styled by renowned fashion designer Yatin Gandhi, and compered by renowned DJ and VJ Sharon, the show was a tremendous success, drawing huge crowds and receiving rave reviews from tenants and the media alike.
Eight female and eight male models, all from reputable agencies in Mumbai, including four international models, walked the ramp. The showstopper was undoubtedly supermodel Carol Gracias.
The sequences included CENTRAL, Max, Marks & Spencer, Promod, GANT, Nautica, Forever21, CENTRO, KWC and Caratlane. Forever21 was the presenting partner for the show.
The event was very well received by the tenants and media alike.
Exciting Times for the ‘bachcha log’ – The forum kids CarnivalForum Sujana Mall gave the children of Hyderabad a treat with a special fun-filled Kids Carnival organised in association with Funskool and Lego. Over 450 kids participated in the event along with their parents.The enthusiasm was superb across age groups for the
event and the response was fantastic. Parents, beaming with happiness, were avid in their requests for more such events to be organised.
Face of Forum – Model HuntForum Sujana Mall became the preferred destination for all aspiring models who descended here in droves to become the “Face of Forum”.
Over 200 entries were received out of whom 100 boys and girls each were shortlisted for the grand finale event through an elimination round. The shortlisted finalists were groomed for one week on various aspects of competitive modelling like ramp-walk, self-grooming, Q&A round etc. by Lakhotia Institute of Fashion & Design.
The winners of the grand finale received gift vouchers worth Rs.50,000 and gift hampers from Bajaj Electronics.
saying Eid mubaak in styleEid was celebrated in style at the mall with midnight shopping and a special food festival. Customers responded with enthusiasm to enjoy the exciting offers and delicious food
smashing End of season saleThe End of Season Sale, which offered customers a flat 50% off, was again a huge success as customers flocked to the mall to take home their favourite brands at prices that were truly a steal!
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 43
CharMinG olD ToWn MeeTs fasT PaCeD neW MeTroPolis. anD GiVes you The BesT of BoTh, in a hoMe!
Shot at location
To say that a Prestige gated community is a joy forever is definitely not
an overstatement. After the remarkable successes of communities
like Prestige Ozone, in Whitefield, Bengaluru and Prestige Oasis, off
Doddaballapur Road, at Bengaluru, one expects a finesse in design, no
compromises whatsoever in quality and an absolutely world class living
experience whenever a Prestige gated community is spoken of.
Prestige Silver Oak, one of the company’s latest such developments
in Whitefield meets these expectations admirably and indeed
exceeds them.
Bengaluru is a city of mixed emotions. On the one hand, there is
the throbbing excitement of the vibrant new metropolis with its racy
techno-globalised lifestyle and ambience. On the other, there is the
nostalgic yearning for the leisurely, even paced, leaf rustling, shadow
kissed town of yester year. These two apparently incompatible
opposites come together remarkably in Prestige Silver Oak.
If you strike out into the hinterland off Whitefield Road, not far from
ITPB, one of the most recognized icons of Bengaluru’s silicon city
label, you will come upon this quiet residential enclave whose
sylvan tranquillity is almost amazing. Prestige Silver Oak
is located on the ECC road in the vicinity of Prestige
Langleigh and Prestige Palms.
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Call: +91 99000 94037 Toll free: 1800 313 0080
ready to occupy
Like Us on Facebook l Follow Us on Twitter l Make sure you visit The Falcon Blog, for the latest at Prestige
Prestige estates Projects limited‘The Falcon House’, No.1, Main Guard Cross Road, Bengaluru-560 001,
Ph: +91-80-25591080. Fax: +91-80-25591945. E-mail: [email protected] www.prestigeconstructions.com
Here in an elegantly designed villa, ensconced in its own private garden,
you can come home to the quiet life. The way it used to be in the good
old days. Leisurely, relaxed and in no hurry to reach anywhere.
Spread over 17 lush acres, Prestige Silver Oak offers Independent Villas
and a small block of Low Rise Apartments. Prestige Silver Oak’s 146
villas come in 8 different designs, which affords you the convenience
and flexibility of acquiring a home that closely matches your needs. Of
course, if you prefer the sociability of an apartment to the privacy of
a villa, there are 32 of them on offer that will well answer your needs.
Prestige Silver Oak’s spacious clubhouse comes fully appointed with
all the amenities that make your life worth living. Among others,
you have a state of the art gymnasium, a spacious swimming pool,
a multipurpose hall, a squash court, a well equipped health club, a
badminton court, and an indoor sports area. Space has also been
earmarked for a convenience store, which makes your home all the
more self contained.
Life at Prestige Silver Oak promises to be secure, peaceful and relaxed.
State of the art electronic security systems will work round the clock,
in addition to manned security, to keep you protected. Every home is
equipped with a video door phone and is connected via an intercom to
the security cabin. To further obviate the entry of strangers, a gas bank
is being established for each block to pump cooking gas to every home.
So, if you are looking for a world class home in a community that gives
you the best of both worlds, as it were, the answer is just three words
– Prestige Silver Oak.
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 45
New York Office: Indehauswww.indehaus.com
46 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Artist’s impression
Prestige Leela Residences is for those who demand a living experience that is distinguished by its sheer opulent regality. It is made up of just 88 exquisitely crafted palatial residences, in the grand Indo-Saracenic architectural style. With its luxuriant overhanging eaves, vaulted roofs, ornate arches and majestic domes, it presents larger than life, one of a kind, dwellings that are the exclusive preserve of the blue of blood. For whom, royalty is a way of life and a home truly a castle. Its location in the elegant environs of Indiranagar provides the unspoken assurance of being close to everything, while its adornment with every leisure amenity and facility that a princely life demands is a fact that is taken for granted.
Enjoy the finest nuances of
luxury living
Call: +91 97310 91444,Toll Free: 1800 313 0080
Prestige Estates Projects limited‘The Falcon House’, No.1, Main Guard Cross Road, Bengaluru - 560 001.
Ph: +91-80-25591080. Fax: +91-80-25591945. E-mail: [email protected] www.prestigeconstructions.com
Like us on Facebook • Follow Us on Twitter • Make sure you visit The Falcon Blog, for the latest at Prestigel Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
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New York Office: Indehauswww.indehaus.com
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The 6th Edition of ‘Art Bengaluru’,
which drew to a close on 30 August 2015,
ended on a high note with a memorable
performance from world-class virtuoso
percussionist, Trilok Gurtu, who came in
from Germany exclusively to perform at
the festival. What made this memorable
event even more special for the audience
was the impromptu performance at the
finale by Trilok Gurtu, internationally
acclaimed tabla maestro – Talvin Singh
and celebrated ghatam player – Giridhar
Udupa. The audience’s excitement knew
no bounds when Talvin Singh, who
was sitting in the audience, was called
on stage by Trilok Gurtu and ended
up giving an impromptu performance
alongside him, at his behest.
‘YES BANK Art Bengaluru 2015 – a resounding success!’
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 49
The festival, which saw footfalls to the tune of around 30,000, had The
Collection, UB City buzzing with activity throughout the 10-day period!
‘Art Bengaluru’, was created by Ms. Uzma Irfan – Director, Prestige
Group and Founder – Sublime Galleria with the aim of bringing a
multitude of artists and artforms from across India and the world under
one roof, thus promoting art awareness as well as a deeper understanding
of the arts. ‘Art Bengaluru’ is presented by The Collection - UB City and
Sublime Galleria in association with the Prestige Group.
With this year’s theme being ‘Paradigm shift’, ‘YES BANK Art Bengaluru
2015’ hoped to promote a discovery of the arts from a change-inducing
standpoint. And going by people’s whole-hearted participation and
appreciation of the festival, the 6th Edition managed to achieve that to
a very large extent!
This year, the festival was a celebration of national and international
artists. There were over 35 exhibits showcasing sculptures, installations,
paintings and photography, a curated Video Lounge as well as a
Photography Wall. The curator for this year’s festival was highly reputed
artist, art historian, arts administrator and curator - Suresh Jayaram.
‘YES BANK Art Bengaluru 2015’ went beyond artworks to embrace
and pay tribute to various art forms. In addition, there were a series of
workshops including a butterfly-rearing workshop, musical instruments-
making workshop and workshops by Oorali. Highlights also included
a series of talks curated by Suresh Jayaram – talks by Girish Shahane
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(Artistic Director - India Art Fair 2015), Dr. Alka Pandey (Consultant
Arts Advisor and Curator of the Visual Arts Gallery - India Habitat
Centre, New Delhi), Li Hongbo (Artist), Nicolas Clauss (Artist), Vivan
Sundaram (Artist) and Subodh Kerkar (Artist), among others. The
speakers’ forum ended with a panel discussion on 30 August where
celebrated artists came together to share their views on the ‘Art scene
in Bengaluru’. To keep the energy of the festival riding high, there were
also performances by celebrated musicians - Talvin Singh and Trilok
Gurtu. EDM Nights hosted by international EDM artistes, Project 46
and Omnia were also included in the line-up of performances.
Another significant highlight of ‘Art Bengaluru’ were curated walks by
Mr. Jayaram, as well as trained art guides, to give visitors an in-depth
and holistic understanding of the festival and the artworks on display.
Schools were encouraged to bring in their students to participate in these
walks as well. Over 10 days, upto 400 students from various schools
across all boards visited the festival. Students ranged from middle and
high school ones to engineering students who were treated to a special
session by reputed artist, Ravi Kashi.
As yet another successful edition of this celebrated annual art festival
comes to a close, the team of ‘Art Bengaluru’ would like to thank
everyone who has helped make this year’s event such a special and
memorable one.
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 53
Artists
International artists: Kevin Kelly (Canada), Li
Hongbo (Beijing, China) and Nicolas Clauss
(Marseille, France)
National artists: Aarti Karwayun (Bangalore),
Adil Writer (Pondicherry), Aishwaryan K
(Bangalore), Bharatesh GD (Bangalore), Chinar
Shah (Bangalore), Claire Arni (Bangalore), Cop
Shiva (Bangalore), Devi Priya Vimalanathan
(Bangalore), Dipti Desai (Bangalore), Gigi Scaria
(Delhi), Gopinath Subbanna (Bangalore), Harisha
Chennangod (Baroda), Indu Antony (Bangalore),
Jeevan Xavier (Bangalore), Jeremy Woodruff
(Chennai), M Kakadia (Ahmedabad), M Narayan
(Pune), Malavika PC (Pondicherry), Maria
Antony Raj (Chennai), Mike Jones (Bangalore),
Mohan Kumar E (Bangalore), Murali Cheeroth
(Bangalore), N Ramachandran (Chennai),
Nandesh Shanthi Prakash (Bangalore), Nasir
Khan (Bangalore), Naveen Kumar (Bangalore),
Ravi Kashi (Bangalore), Ryan Lobo (Bangalore),
Sandesh Kadur (Bangalore), Selvaprakash
(Bangalore), Shamala Nandesha (Bangalore),
Srikala Gangi Reddy (Bangalore), Subodh Kerkar
(Goa), Sundar Murthy (Bangalore), Thota Tharani
(Chennai), Urmila VG (Bangalore), Varsha Bhide
(Bangalore), Vasudha Aggarwal (Bangalore), VG
Venugopal (Bangalore) and Vivan Sundaram
(Delhi).
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sPONsORs
YEs bANk: Title Sponsors bentley: Associate Sponsors Indian motorcycle: Associate Sponsors swordfish: Event Partners
Aloft bengaluru Cessna business Park : Associate Partners Airtel: Communication Partners bang & Olufsen: Audio-Visual Partners
JW marriott: Hospitality Partners Radio Indigo: Radio Partners Cleartrip: Travel Partners uber: Travel Partners
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 55
THE CHEf’sCHOICE
NEWS FROM OAKWOOD PREMIER PRESTIGE BANGALORE
Global Insider spoke to Oakwood Asia’s culinary team to get some local insider tips on favourite places to eat in their cities.
“My favourite place to eat in Bangalore is MTR in Lalbagh Road. One can experience traditional South Indian food there. The restaurant does not have a fancy ambience, nor are the waiters very polished, however, the exceptional food compensates for all other aspects that may be lacking. If you are in Bangalore, a trip to MTR is a must to understand all the local flavours in one visit.”
MTR, a landmark in Bangalore, has been operating since 1924 with unwavering standards of delicious South Indian cuisine.
The team at Oakwood Premier Prestige Bangalore has been busy as always, maintaining the highest world class standards of hospitality and showing the way forward in the industry as thought leaders. Here is a report on how they exhibited their leadership in the last few months.
defining the Cutting Edge in HousekeepingRajsree Gopal, Executive Housekeeper, Oakwood Premier Prestige Bangalore, was a panelist at the Food & Hospitality World’s Hospitality Knowledge Exchange session on Green Housekeeping in Bangalore. Being responsible towards the environment without compromising on guest experience was the crux of the discussion. Ms. Gopal shared her views on the emerging trends and challenges in the housekeeping industry and the way forward.
Chef Ashutosh Hits the HeadlinesAshutosh Nerlekar, Director of Food &Beverage, was featured in a story ‘The Chef ’s Choice’ in the Global Insider, a popular travel & lifestyle
Ashutosh Nerlekar Director, Food & Beverage, Oakwood Premier Prestige Bangalore
digital publication by Oakwood Asia Pacific. Chef Ashutosh disclosed his favourite eating joint in the city, MTR on Lalbagh Road, and recommends all those travelling to Bangalore to try the restaurant in order to experience the best of authentic South Indian cuisine.
Ten Days Full!Oakwood Premier Prestige Bangalore celebrated the success of achieving full occupancy for 10 days in the month of August 2015! A great achievement indeed and kudos to the whole team.
Independence day marked with Patriotic FervourAssociates at Oakwood Premier Prestige enthusiastically celebrated the spirit of Independence Day by hoisting the National Flag. They also put up a special graffiti board, on which each of them signed off a special Independence Day message.
Bangalore ‘Dor – Tech Pvt. Ltd.#53, 100 Feet Road, Ground Floor,
Defence Colony, Indiranagar, Bangalore – 560038Tel: 080 40341500/40341501 Fax: 080 41161090
E-mail: [email protected] Website: www.dormindia.com
Certified Business Partner of DORMA Germany
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A mERmAId As A ROOmIE fOR YOuR lITTlE PRINCEss
Prestige Hillside Gateway is Prestige’s trend setting Disney themed development at Kochi.
Morph Design Co has finished designing the interiors of the property’s showhome and, this issue, we showcase the delightful child’s room that they have created.
Focused on the famous Disney character The Little Mermaid, the room presents a wonderful submarine aura complete with water bubbles, pearls and the Mermaid herself. A truly charming space for your little princess.
Getting the colour right was a challenge - White and Blue add more warmth to the room. However, when it was finally completed, the effect was most pleasing.
Most of the furniture, including the Console and Bedside Table, has been finished with Pearl White High Gloss Duco to add to the marine feel.
The head board of the cot is designed like a shell, and all it needs is Princess-themed bedding and dreamy lighting to make your daughter feel like a precious pearl as she snuggles in her bed
The bedside lamps have been thoughtfully chosen to provide a fitting contrast to the marine theme, which is further enhanced with nuanced details such as upholstered headboards and a shell cladded mirror.
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Adventures of Chhota bheemChhota Bheem, Pyari Chutki, Jaggu Bandar, Raju, Princess Indumati, Kalia and Dholu – Bholu paid a visit to namma Chennai! For the first time ever, the eight lead characters of the show met little ones at The Forum Vijaya Mall, where Chhota Bheem’s city of Dholakpur came to life. There were also specially created zones where children could play exciting games ad take challenges. These included catch a flying horse, challenge Hercules and lift the star off his belt, save princess Indumati from pirates and a 20-20 cricket game. Children also got a chance to learn Origami, self-defense, clay modeling, power yoga and a lot more!
Mango FestivalThe Forum Vijaya Mall presented the Mango Festival at Via South - The Food Court. Mango lovers got to be a part of the mango festival this summer wherein they tried an array of delectable dishes and went on a mangotastic culinary journey! From Paneer Tikka, Achari Chicken, Roll-Ups, and Subs to Cotton Candy, Gola and Lassi we had it all.
Not just that, we also had workshops where people got to learn a range of recipes including Thai Mango Chicken, Mango Achari Chicken, Hawaiin Pizza, Roasted Chicken ‘N’ Mango in Spicy Lemon Sauce and Mango Fish Curry amongst others.
Tamil nadu badminton leagueThe Tamil Nadu Badminton League was a glitzy affair at The Forum Vijaya Mall.
The ten day event saw children, corporates and professional players in different leagues, battling against one another for bagging the title trophy.
bandstand by suryan fmSuryan FM hosted their Bandstand that promotes young artists across the city. Great music, impromptu melodies and refreshing performances kept the mall abuzz on a musical note.
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Jayam ravi at radio Mirchi’s Dandanakka ContestRadio Mirchi hosted their Dandanakka Dance Competition at The Forum, celebrating the release of ‘Romeo Juliet’.
Jayam Ravi was the Chief Guest of the evening, and fans went gaga on seeing him at the mall.
International Yoga DayThe Forum Vijaya Mall celebrated I n t e r n a t i o n a l Yoga Day in association with TRRAIN and Isha Foundation.
Our guests joined us in the path to good mental and physical health.
Adoptathon in association with blue Cross of IndiaThe Forum presented Adoptathon in association with the Blue Cross of India where 25 puppies got a happy beginning to their lives by being adopted by various families.
The puppies were adopted in less than two hours at the mall!
build your own lego train with funskoolThe Lego Train Building Activity was an enthralling one for
people of all ages at The Forum.
Celebrating the opening of their new store, Funskool had put together this fun event where 175,000 Lego bricks were arranged
to form a train! Funskool is located at Level 2 at the mall.
Max – Tribute to APJ Students from more than 50 schools in Chennai gathered at The Forum to pay tribute to Late Dr. APJ Kalam. Over 3000 entries were shortlisted by Max and the finale was held on 30th August.
Children walked away with participation certificates, medals, gift vouchers and goodies. Mr. Ponraj Vellaichamy, a former advisor of APJ was the Chief Guest for the evening. Also present were director Balaji Mohan, actors Hamsavardhan and Dhamu among others.
badminton Premier leagueThe Badminton Premier League took place at The Forum between 2nd and 5th August. The final was graced by ace player, Gopichand, Dr. Anbumani Ramadoss and Actress Shalini Ajith. The teams included Fire Birds, Marina Smashers, Falcon Fire, Legion Lions, Kovai Kings, Royal Knights, Hindustan Racquets and Wild Warriors who battled against one another for the final trophy.
While Wild Warriors came first and bagged Rs.2 lakhs as a cash prize, the runners up took home Rs. 1 lakh.
The prizes were given away by Gopichand and Anbumani Ramadoss.
TOI Organ donation dayCelebrating Organ Donation Day, Times of India, along with Kokilabhen - Dirubhai Ambani Medical & Research Institute organized for a platform for guests to pledge their organs at the mall.
Over 100 guests signed up at the mall, with over 80% of them being under 30 years of age.
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 61
staying fIT With Forum Value MallAs the monsoon set in over Bengaluru,
Forum Value Mall helped visitors stay fit
by organizing different fitness workouts
such as – Zumba, Aerobics, Functional
Training, Cardio Kick boxing, Boot
Camp and more, for three weeks in
July and August. Also, a unique Walk
to Health initiative has been introduced
wherein the mall is open between 6:00
and 9:00 am for morning walkers.
Never before sale to signal the End
of the season
On the 18th and 19th of July, shoppers
got a never before chance to take home
their favourite brands as Forum Value
Mall announced a “Flat 50% Off across
150 brands”.
Friendship Day with Photo Ops
Forum Value Mall marked the occasion
by creating a Friendship Day Photo Op,
where youngsters could get themselves
clicked and gift each other friendship
bands.
Patriotism and Music Mark
Independence day
Forum Value Mall celebrated
Independence Day with much patriotic
fervor and a lot of fun, with activities like
Art Connect, Tattoo Art, etc to bring the
community together.
An artistic string beamed installation
showcased the Indian Flag at the atrium
giving visitors a great backdrop for selfies and
groupies.
A unique concert – “Jai Ho” was organized in
association with Alive India, featuring Hindi
Rock band Aurko and Bollywood music diva
Mahalakshmi Iyer. It was an entertainment
extravaganza that mesmerized the thousand-
plus audience for three solid hours.
A pre-concert Talent Hunt was held and two
upcoming singers were selected and given the
opportunity to share the stage with Aurko &
sing along with Mahalakshmi Iyer.
The artist enthralled the audience by playing
their originals and also paid special respect to
music legends RD Burman, AR Rehman,
Gulzar and Hariharan.
Ganesha Chaturthi at Forum Value
Mall
Ganesha is without doubt India’s favourite
God and Forum Value Mall brings its very
own Ganesha at the mall every year.
This year the mall, in association with
BIG FM, set up a 20 feet idol of Ganesha
made with 8000 paper cups. Besides the
religious aspects like aarti and bhajans,
there were also other attractions like RJ
visits, a theme based flea market and a
Ganesha idol making workshop.
62 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Gourmet teas available atOrder online at
64 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
To buy sublime tea caddies. Call: +91 95358 99977, +91 70228 92410 Email: [email protected]
8th Floor, UB City, Vittal Mallya Road, Bengaluru - 560 001, Karnataka, IndiaVisit us on www.sublimehouseoftea.com to learn more about our range of fine tea.
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 65
A sip and you are there. The flavours waft through the air and stir your soul.
Sublime, premium tea that has been carefully selected to re-define sophistication. Take a sip and savour the moment as its luxury washes over you...
Beating traffic is uppermost on every commuter’s mind these days in Bengaluru. So much so that house hunters are gravitating closer to work in their choice of residence. In such an atmosphere, Prestige Sunrise Park virtually comes as an answer to a prayer for the time conscious IT executive. Located in the lap of Electronic City, it gives you the unbeatable stress-busting advantage of commuting smoothly and pleasantly, while living in a home that is designed to suit your specific needs. You could even stroll down to work, if you so wish.
Prestige Sunrise Park presents an excellent living community that is almost tailormade for young IT professionals. There are 1910 homes to choose from, which means you get the assurance of living in a secure enviroment among people who are of your own social stature. With both parents working these days, this is crucial to one’s peace of mind especially if there are school going children at home.
Then, when you look at the configurations of the homes themselves, you see a wide variety of options. - from one-bed all the way to three-bed homes, so you can choose your home to fit your family. There is a range of sizes on offer as well, from 631 sft to 1647 sft, so you can also choose your home to fit your budget.
The homes themselves are meticulously designed to allow you to make the most efficient use of the space. Broad windows, strategically positioned, ensure that you enjoy maximum natural light and ventilation.
Living at Prestige Sunrise Park is bound to be one great moment after another. Being so close to work, you will get to spend a lot more time with family and friends doing the things that make life worth living. With 25 gloriously landscaped acres and a clubhouse equipped with every leisure amenity you could wish for, this is easier done than said!
The vicinity of Electronic City apart from being the city’s IT nerve centre also has well developed residential neighbourhoods, with all necessary social and civic infrastructure. There are excellent schools like Ebenezer International and Treamis World School, hospitals like Narayana Hrudayalaya, as well as shopping and entertainment hubs. Life will be pretty self contained here and on the occasions that you have the need, or inclination, to visit downtown Bengaluru, the elevated road gets you there and back in a jiffy.
All told, Prestige Sunrise Park is a home that is just about perfect if you work anywhere near Electronic City in Bengaluru and wish to live in secure comfort within arm’s reach of your office. Phase 1 of this development is already sold out so you will need to move fast and grab your home in Phase 2 to make this wish of yours come true.
stroll to work at Electronic City
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Shot at location
2-bed, 2-bed with study and 3-bed homes.starting from 1108 sft to 1615 sft.
*1 sft = 0.092 square meters
Phase 1 sold out.bOOkINGs OPEN fOR PHAsE 2
Homes starting at Rs.49 lakhs
Call Now: +91 99000 20188, +91 96866 69799, +91 99800 11577
Toll free: 1800 313 0080
Electronic City, bangalore
The Falcon House, no.1, Main Guard Cross Road, Bangalore-560 001 Ph: 080 - 25591080, Fax: 080 - 25591945,E-mail: [email protected] n www.prestigeconstructions.com
Like Us on Facebook l Follow Us on Twitter l Make sure you visit The Falcon Blog for the latest at Prestige. To Visit Prestige Sunrise Park online: http://prestigeconstructions.com/sunrise-park/overview.html
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 67
New York Office: Indehauswww.indehaus.com
In the tranquil neighbourhood of Kismatpur, Hyderabad, off the
Outer Ring Road that connects Gachibowli to the airport, not far
from the APPA Junction lies a blue blooded living community.
Prestige Royal Woods, Prestige’s first project in the city of nawabs.
A luxury gated villa development spread over more than 24 blissfully
landscaped acres, Prestige Royal Woods has 152 Independent Villas
in three and four bedroom configurations and a variety of sizes.
When one enters Prestige Royal Woods, one is struck first
by the grand entrance court that perfectly sets the tone for the
delightfully charming streetscapes that lie beyond. Tree-lined
streets with wonderfully crafted dwellings, large landscaped spaces,
parks, gardens, refreshing clear water bodies, a broad open central
avenue…everywhere that you cast your eye, you are met with a
veritable visual feast that impresses as much as it appeals.
regal homes for today’s artistocratsLife at Prestige Royal Woods is about a sense of fine taste and a penchant
for the best things in life. This attitude is clearly evident in the design of
each villa which presents an aesthetic treat for the eyes, with ample space
all round and meticulously crafted floor plans. You won’t find a better
combination of luxury, convenience and architectural beauty.
To keep your leisure hours well occupied, Prestige Royal Woods has
plenty to offer. The swanky clubhouse has virtually every amenity that
your lifestyle entails: a world class gym, a swimming pool, two spacious,
well-appointed party halls and a multipurpose hall, a badminton court, a
squash court, a billiards table, a tennis court, a health club, a cards room
and table tennis tables. With space set aside for a convenience store, your
daily needs will be at your doorstep as well.
One advantage that Prestige Royal Woods enjoys is that it is located
adjacent to the AP Excise Academy and Army property. This effectively
insulates the neighbourhood from uncontrolled development and helps
retain its pristine nature, which assures you of complete tranquility and
an undisturbed existence as befits a regal lifestyle.
As Prestige’s maiden project in Hyderabad, Prestige Royal Woods sets a
standard for the rest of the city to aspire to. Reason enough to make it
your address, don’t you think?
68 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Hyderabad
Prestige Estates Projects limitedHyderabad office: Level-1, Merchant Towers, Road No.4,
Banjara Hills, Hyderabad - 500 034. Ph: +91-40-23351440/41. Fax: +91-40-23351442.,
E-mail: [email protected], Prestige Royal Woods marketing Office:
Adj to L. V. Prasad Eye Institute, Kismatpur, Close to APPA junction, Hyderabad - 500 086.
Ph: +91-40-64645151/64645252/64645353.
Like Us on Facebook l Follow Us on Twitter l Make sure you visit The Falcon Blog, for the latest at Prestige
Visit Prestige Royal Woods online: http://www.prestigeconstructions.com/royal-woods/overview.html
www.prestigeconstructions.com152 luxury villas set in 24 landscaped acres
Off Outer ring road, Close to APPA junction.
Shot at location
To discover the joys of world class community living:
+91 80081 66552, +91 70385 55536
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 69
New York Office: Indehauswww.indehaus.com
Teachers take centre stage at The Forum koramangalaThe highlight of recent events at The Forum Koramangala was the Teachers Fest conducted on the 5th and 6th of September to celebrate Teachers’ Day.
The two day event was completely sponsored by FlipClass and curated by Chotu Painter.
Day one was dedicated to the FlipClass product launch. FlipClass invited its tutors and students to be part of this event, which had plenty of fun games and contests for them. At the same time, a special Art Connect activity was organized exclusively for FlipClass in which over a hundred tutors took part and made interesting designs on terracotta masks.
The show stopper was a special Magic Show that was organized at the end of the event. The audience of well over five hundred people hugely enjoyed the show.
On day two, Team Chotu Painter invited all teachers from different schools in the city to participate in various contests like Dancing, Singing, Elocution, Drawing and Fashion. The teachers participated and competed with their colleagues very enthusiastically in every category. The event itself was a tribute to our late president Dr. APJ Abdul Kalam, who was revered as a great teacher himself, and the teachers heaped lavish praise on him. There were over a hundred teachers from schools across the city participating in this event and giving of their best, thereby elevating it to a whole new level.
Finally, the stage was thrown open to the assembled audience and many of them came forward to pay glowing tributes to their favourite teachers and give thanks to them, in song, dance and speech. It was a moving spectacle indeed and everyone went home taking truly special memories with them.
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TROPHY CuPbOARd
THE ROAd TO sHAmbAlAfor organizations and individuals
R Ravi is a Chief advisor and trustee of Aashwasan addressing entrepreneurs
Shambala is a utopian idyllic place that supposedly exists in multiple realms of reality. It signifies a state of perfection and a complete sense of harmony of the body, mind and the soul. This idealistic state of existence has captured the imagination of people all over the world. It suggests a destination, a goal of perfection that can be reached by all. Though the destination itself may not be reachable, if one can see the path or the road to the destination and can experience what it would be, once the destination is reached, it can enrapture and motivate individuals globally to tread this path.
Shambala can be applied not only to individuals but also to organizations. Just like an individual, an organization also has 3 aspects of existence- soul, mind and body. The soul of an organization is the organizational intent, its purpose and potential. As individuals start the process of conception of an organization, the soul of the organization begins its journey of manifestation. The organization is then formed or is “given birth to” and it develops a mind and body. The mind of the organization is the culture - its behavior, tendencies, habits and patterns of reaction. Every organization has a unique set of attributes which determine how it reacts to external situations. The structure, the individuals and the stakeholders of the organization constitute its body. Complete harmony amongst all aspects results in perfect synchronization of the organization. The organization then travels in the optimal path and realizes its true potential. Just like an individual, an organization can make right or wrong choices when presented with any situation. Indeed there does exist a right and wrong choice for an organization given a situation. The right choice cannot be generalized, either across organizations or situations. Every situation demands a unique response. A right choice or action results in the organization travelling the road to Shambala and conversely a wrong choice leads it away from its true purpose.
Every destination is alluring if one can visualize the experience of the destination. So what would it be for an organization which has reached an advanced stage in its journey to Shambala? In such a situation there will be complete harmony between its soul, mind and the body. This essentially means that the intent/passion/purpose is completely aligned to its behavior/culture and the people. Every individual would be able to
connect automatically to the intent of the organization. Organization intent is powerful not because one can understand it intellectually, but because one can connect to it at a very deep level of existence. When this happens one feels impelled to act according to this organizational intent. Every individual then knows exactly what they should do and how should they behave in any situation. Individuals will automatically know and connect their strengths to the organization requirements. There will be unspoken agreement about what to do, how to do it and when to do it. Since there is unspoken agreement, every individual will automatically know what the other individual is doing and would form automatic interfaces of communication. Communication gaps disappear, misunderstanding or wrong perceptions vanish. In such an ideal situation, there would not be any need for permanent
hierarchical structure or rigid policies. Depending on the situation and the competency of the individual, one will assume the role of leadership and others would follow the leader. Different roles will automatically get assigned based on the competency of the individual.
The individual does this instinctively because they are able to connect to themselves within and relate it to what the organization needs at that moment. This also implies that the individual is completely in sync with themselves. Such deep harmony and synchronization is very infectious. Leadership itself is very infectious. It spreads like wildfire and every other individual is imbued with the same quality. Work life and personal life merge into one since one starts acting from one’s innermost needs and drive. Obviously such an organization is acting in a state of complete flow. Such an organization is also fluidic and there is no preset response. The hierarchy of the organization, its culture and its behavior change from time to time.
The dream of such a destination is compelling enough for one to seek the road to it. How does one travel in this path? Organizations need to get into the journey of self realization. They need to dive deeper into themselves and experience the intent, the purpose and its potential. The journey commences with a journey inward and as one progresses in this journey, the road to Shambala unveils itself.
{R Ravi is a practitioner of Aashwasan and trustee of Aashwasan Foundation a unique global movement, a spiritual science organization which has worked with many organizations across the world and made them realize their infinite self thereby helped them in realizing their true potential. Aashwasan has helped many organizations to travel the path of inward journey.}
(Copyright 2015 Aashwasan. All rights reserved)
Reach Aashwasan at:Phone: +91 80 25450895/+ 91 9731301016/17Email: [email protected]: www.aashwasan.comWatch us on: www.youtube.com/AashwasanConnect with us on: www.facebook.com/Aashwasan
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Prestige Property Management
services once again dominated the
Ornamental Garden Competition
conducted by Mysore Horticultural
society as part of Independence day
Horticulture show – 2015.
forty five large gardens including the
Prestige shantiniketan Residential
and business Precincts, separately,
were enrolled.
We are proud to announce that all 45
gardens won the First Prize in their
respective categories.
Prestige Group’s victory in these
competitions is almost a foregone
conclusion every year and the team
at PPms deserves congratulations for
their consistent winning efforts.
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PRESTIGE GARDENS SWEEPTHE AWARDS, AGAIN!
Inclusions:• Welcome Drink• All three meals• Use of all sports facilities.• Steam Or Sauna Complimentary once per person during the stay• Thirty minutes extra on Spa treatments, Mon - Fri before 4:00 pm during stay• Buy One Get One Free - Beer, Cocktails & Spirits (house brands), Wine (Per Glass) during stay.• Happy Hours at Mirage Bar between 4:00 pm & 7:00 pm• Paintball – complimentary game with 50 paintballs• Wine trail
THE COOlEsT WAY TO COnQuEr THE summER
www.angsana.com Contact Us: +91 99800 99311 [email protected]
leisure packages at Angsana
Breeze through the summer heat at Angsana. Revel in our cool, sylvan, nature kissed ambience as we pamper you with special offers and exclusive privileges. Talk to us for our special leisure and holiday packages,
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 77
samyuktha, the young table tennis star who is supported by Prestige Estates Projects limited, continues to do us proud with a continuing run of success.
In may, she finished runner up in the state ranking tournament held at the Rail Club, bengaluru. she followed this up with a fine win in the Youth Girls section at the state ranking tournament conducted by the Mysuru District Table Tennis Association and the department of Youth Empowerment and sports. subsequently, she again finished second in both the Youth and the Junior Girls divisions at Canara union’s state ranking tournament.
These were the first tournaments of this year’s TT season and having made such a great beginning, one can only look ahead to still more stellar performances from this young sportsperson.
Congratulations samyuktha, and keep it up. Rest assured that Prestige Estates Projects limited is always there to support you!
Samyuktha is at the top of
the TT table!
The Collection magazine is now The Luxury Collection and is open to subscriptionKeep up to date with the latest luxury trends. Stay on top of haute couture styles. Discover the current rage in hip fashion. Get all the news about all that’s happening in the rarefied world of luxury brands and lifestyles, delivered every quarter to your door.
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Subscribe to The Luxury Collection, the magazine for the connoisseur of luxury. Make sure you never miss a single copy of The Luxury Collection by becoming a valued subscriber. Choose from the subscription plans below, fill the form and send it to us with your payment.
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Available for your reading pleasure at leading luxury hotels in India, Paris and Chicago.You can buy a copy of our magazine at newsstands in Bengaluru, Mumbai, Pune, Ahmedabad, New Delhi, Kolkata, Thiruvanathapuram, Chennai and Hyderabad.
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 7978 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Congratulations to Citi Properties on their 8th AnniversaryCity Properties maintenance Company bangalore limited (CPCmbl), the company that keeps ub City functioning like clockwork has completed eight successful years.The milestone was marked by a special event at which directors and executive management of the company were present. After an address by divisional vice President Atul kumar, the audience was entertained with a cultural programme. There was also an awards ceremony in which deserving employees received commendations. ms. uzma Irfan, director, Corporate Communications, Prestige Group has extended best wishes to CPmCbl, saying, “my best wishes to City Properties maintenance Company bangalore limited on their 8th anniversary! Their commitment is only reinforced by the various initiatives introduced by them to ensure the best service time and time again and I wish them all the very best for the future.”
Anti Terrorism Drill conducted
at ub Cityub City is today one of most bengaluru’s most visited destinations. As such, given the prevalent global situation, the security force here needs to be alert and prepared to meet any eventuality.CPCmbl requested the Garuda force, karnataka state Police’s elite internal security division and an anti terrorism force, to help the security team at ub City test their own reaction capability, escalation and intervention by the local police, and subsequent involvement of the Garuda force. The meticulously conducted drill was planned out over weeks of intense planning, discussions and briefings. On the 10th of August, the Garuda force enacted a live situation by crash landing in ub City and taking security guards as hostages. The mock hostage taking drill was so realistic that the passersby were dumb struck. The resultant panic like situation was handled very efficiently by the CPCmbl teams. This was followed by testing the reaction capabilities of the security apparatus and the local police. simultaneously, measures were initiated to seek the assistance of the Garuda force who reacted and reached ub Cxfity to take control of the situation.
The World’s Most Prestigious Amateur Golf Tournament - the Duke of Edinburgh Cup Held At Prestige Golfshire Club in Aid of
Christel HouseThe premium international charity golf event - The Duke of
Edinburgh Cup was held in bengaluru on August 29, 2015 at Prestige
Golfshire Club. recognized as the most prestigious amateur golf
tournament in the world, the Duke of Edinburgh Cup partnered
Christel House as the tournament’s charity of choice in addition to
the Duke of Edinburgh Foundation.
The duke of Edinburgh (dOE ) Cup is an annual international
amateur golf tournament run by an International golf charity.
Qualifiers from nominated Charity events in 12-15 Countries across
the world meet for World finals at Windsor, uk, every year.
Raju shahani, managing director, Christel House India states, “We
were honored and delighted to associate with the internationally
recognized, Duke of Edinburgh Cup. Golf is a game of discipline and
integrity—values that are embedded into the Christel House model.
Our success over the years is an outcome of a holistic education driven
by values, vision and the patronage of our philanthropic supporters.”
four Indians qualified to play at the world finals of this grand
event. bengaluru based dr. kratishbopanna (Handicap - 11) and
shashank bantwal, (H’cap - 17) representing the semler Research
team collected 71 stableford points to seal their spot at the duke
of Edinburgh Cup World finals to be held in Windsor, uk from
september 27th – October 1st, 2015. Joining bopanna and bantwal will
be Arunmurugappan (H’cap - 9) and dhananjaya das (H’cap - 13) of
Cholamandalam Group who scored a combined 70 points.
The one-day event saw 88 golfers playing as pairs in a modified
stableford format against 3/4th handicap.
The World finals in the u.k., spread over four autumn days, are
designed to create a lifelong memorable occasion for the participants.
This unique lifetime experience includes a round of golf at the british
royal Family’s private course inside the grounds of Windsor Castle.
A black Tie Royal Champagne dinner with Prince Edward and other
members of The Royal family in The Windsor Castle state ballroom
82 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Group Picture at the Golf Course
For more information, please visit: Christel House IndiaBellahalli Road, Off Hennur Road,Kannur Post, Via Bagalur,Bangalore – 562 149.Tel: +91 80 28465999/28465000Fax: +91 80 28465003www.in.christelhouse.orgor mail [email protected]
and a 5 nights stay at The Castle
Hotel, Windsor london. This is
the only golf event sanctioned by
the royal Family of England.
The event in bengaluru
was organized by rn Golf
management (RNGm), India’s
leading Golf Marketing and
Management company with a
reputation for reliability, integrity,
quality and unparalleled domain
expertise.
rishi narain CEO and Founder,
RN Golf management, said, “We
are overwhelmed by the fabulous
corporate support as donations
for Christel House school. With
this support we feel bengaluru
deserves to be the permanent
home for this prestigious event
which puts us on the world map.”
Christel House is a not for profit
organization helping children
break the cycle of poverty, realize
their hopes and dreams and
become self-sufficient contributing
members of society. The school
nurtures impoverished children
from kindergarten to career.
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 83
Raju Shahani giving away the Prize to the Winners
Christel House India Branding
L to R- Dhanajaya Das, Dr. Kratish Bopanna, Shashank Bantwal & Arun Muru...
When life hits the high notes…
a dwelling that will stay in tune.
As you waltz through life reaching the
crescendo of success, you will do so secure
in the knowledge that your home at Prestige
Song of the South stays in harmony with
your lifestyle. Impeccably planned to
make living a pleasure, with the sunlight
keeping you company, a light breeze wafting
through the home and all luxury leisure
amenities at your command.
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Discover a home that’s in tune with youCall: 8880117799, Toll free: 1800 313 0080
Prestige Estates Projects limitedThe Falcon House, No.1, Main Guard Cross Road, Bengaluru-560 001. Ph: 080 - 25591080. Fax: 080 - 25591945
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New YorkLike us on Facebook l Follow Us on Twitter l Make sure you visit The Falcon Blog, for the latest at Prestige
www.prestigeconstructions.comNew York Office: Indehaus
www.indehaus.com
l Excellent connectivity to Electronic City, Hosur Road and Bannerghatta Road – experience the real joy of arriving home.
l Vast, congenially landscaped spaces, where your children can play in blissful abandon.
l 2234 thoughtfully composed homes designed to perfectly synchronise with your needs.
l A choice of 1-bed, 2-bed, 2-bed + study, 3-bed and 4-bed homes.
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 85
Make a haven your home
Call: +91 96866 84045, +91 99803 27797Toll Free: 1800 313 0080
Two superb properties broke
ground recently at Prestige
continuing with our mission to give
our customers world class living
experiences that are yet unique and
differentiated.
Prestige Pine Wood is an exquisite development of 256
premium apartments, located in the well developed residential
suburb of Koramangala in Bengaluru. Prestige Pine Wood
offers you a convenient choice of configurations coming in
two-bed, two-bed-plus-study, three-bed and four-bed options.
GroundbreakinG
86 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Artist’s impressions
Prestige song of the south presents exquisitely orchestrated dwellings
designed for those who march to a different drumbeat set in 36 pristine acres
in the fast developing heart of south Bengaluru, just off Bannerghatta Road.
It presents finely planned and brilliantly laid out homes in a range of sizes
and configurations – from one-bedroom all the way up to four bedrooms.
Live life to an exclusive rhythmCall: 8880117799
Toll free: 1800 313 0080
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 87
Artist’s impressions
88 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
In the bustling suburb of Mathikere, as life swirls about in frenetic effort, we welcome you to lose yourself in a quiet haven that is quite another world in itself.
Prestige MSR
An elegant and serenely majestic tower of one hundred exquisitely designed and laid out apartments. Offering a choice of two-bed, two-bed-plus-study and three-bed configurations. Each located to give you as much natural light and ventilation as you could want. And planned so that you can use space in the most optimum manner possible.
A tranquil world of its own, securely insulated from the suburban flurry, yet within ready reach of all civic and social facilities. And appointed with myriad luxury lifestyle amenities to ensure you lead the sort of life you have always been used to. Only better!
This is where a comforting sense of privacy, an assuring promise of efficiency and a leisurely aura of luxury combine to offer you a home like no other.
Prestige Estates Projects limited‘The Falcon House’, No.1, Main Guard Cross Road, Bengaluru - 560 001.
Ph: +91-80-25591080. Fax: +91-80-25591945. E-mail: [email protected] www.prestigeconstructions.com
Like us on Facebook • Follow Us on Twitter • Make sure you visit The Falcon Blog, for the latest at Prestigel Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
Experience a life of traditional grandeurCall: +91 99000 93991
Toll Free: 1800 313 0080
Artist’s impression
Welcome to a life of quiet elegance
New York Office: Indehauswww.indehaus.com
90 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Artist’s impression
Prestige Estates Projects limited‘The Falcon House’, No.1, Main Guard Cross Road, Bengaluru - 560 001.
Ph: +91 97310 91444. Fax: +91-80-25591945. E-mail: [email protected] www.prestigeconstructions.com
Like us on Facebook • Follow Us on Twitter• Make sure you visit The Falcon Blog, for the latest at Prestige
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 91
On Cunningham Crescent Road, in the heart of Bengaluru, you have Prestige Kenilworth - an intimate, exclusive community of just 40 superbly planned residences. Set in a 22 storey high rise tower, these are true luxurious havens of peace and tranquility. Homes that inspire you to live life to the fullest and express yourself as only you can. Glazed from floor to ceiling on three sides they afford you incredible 270 degree views. And with no common walls between you and your neighbour, your home is veritably your private domain.With an exhaustive basket of luxury lifestyle amenities to give you exactly what you want out of your leisure hour, Prestige Kenilworth is indeed luxury personified in a home.
Opulence Personified
New York Office: Indehauswww.indehaus.com
Artist’s impression
The Prestige Summer Fields show home presents a fine demonstration of how a home interior can be contemporary in its aesthetic ethos and yet exude the warmth of a traditional family home.
The first thing you see as you walk up, for example, is the artwork on the living wall, which sets the perfect tone for the experience inside.
Step inside the living area and you are struck by its sense of grandness, which emanates from its abundance of open space for circulation. Yet, you quickly realise that the space does not overwhelm, but makes you cheerfully welcome. The entire living area has been sprinkled with pops of colour and interesting textures to create a warm and pleasurable space. Each article of furniture here has been brought to life with little spurts of colour and creativity, be it the vibrant blue sofa, the 3-pieced centre table or the laser cut side table.
In fact, every space has been given such small yet thoughtful touches so as to keep it clean and contemporary, yet not so minimal that it felt cold.
The highlight of the living cum dining space is the mirrored wall at the entry. It not only makes the entry look spacious but also adds drama to the otherwise plain wall. The same pattern has been repeated on the double height wall in the dining area to ensure continuity in design.
The Prestige Summer
Fields Show Home -
Clean and contemporary.
Warm and inviting.
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The Falcon House, No.1, Main Guard Cross Road, Bengaluru-560 001,Ph: 080 - 25591080, Fax: 080 - 25591945, E-mail: [email protected]
www.prestigeconstructions.com l Like Us on Facebook l Follow Us on Twitter. Make sure you visit
The Falcon Blog, for the latest at Prestige To Visit Prestige Summerfields online:
http://prestigeconstructions.com/summerfields/overview.htmlA spectacular dwelling that takes care of all your comforts and leisure. Rs.3 crores onwards.
Call: +91 72596 65390, +91 99020 01468Toll Free: 1800 313 0080
Interiors by
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 93
Shot at location Shot at location
Artist’s impression
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
New York Office: Indehauswww.indehaus.com
94 F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5
Prestige Estates Projects limited ‘The Falcon House’,No.1, Main Guard Cross Road, Bengaluru - 560 001.
Ph: +91 72598 86212 Fax: +91-80-25591945.E-mail: [email protected]
www.prestigeconstructions.com
Like us on Facebook • Follow Us on Twitter • Make sure you visit The Falcon Blog, for the latest at Prestigel Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New York
Tucked away from the hustle of the main road by 1
km, is a sprawling 14 acres of bliss, a luxury enclave
of row houses, in a beautiful, quiet village called
Avalahalli, near Yelahanka. Prestige Woodside is
enveloped by the green foliage of an orchard with
huge tamarind and mango trees. The Avalahalli lake
is located close by, a clear, clean water body that
is a pleasant reminder of the Bengaluru that was.
When here, Yelahanka’s commercial hub draws your
attention, a township close to Avalahalli. Enjoy the
calm of the countryside and revel parallelly in the
hustle and bustle of city life.
This Prestige home is built in a locality empowered
by all the parameters of quality living, such as
well-reputed schools and colleges like Mallya
Aditi International School, Vidyashilp Academy,
Chrysalis High and Ryan International School, as
well as, hospitals like the Neha Prakash Hospital,
Dr. Agarwal’s Eye Hospital and Chaitanya Medical
Centre. Yelahanka is a focal point for ardent
shoppers and food chains of international repute
are in close proximity for convenient and modern
living. Being a part of Greater Bengaluru, it has a
good level of rail, air and road connectivity.
Modern architecture coupled with subtle character,
Prestige Woodside delivers premium craftsmanship
and uncompromising living spaces.
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 95
The Closest You can Get
to Living in Paradise
New York Office: Indehauswww.indehaus.com
Re-discover the leisurely luxury of bygone daysCall: +91 91080 46917 Toll Free: 1800 313 0080
Prestige Déjà Vu – Glorious homes where the past blends with the future
The Cantonment has always been a preferred place to stay in Bengaluru. For one it is eminently accessible and well connected. For another it is historically well planned and provided for in terms of civic infrastructure and social amenities.
In the heart of Bengaluru’s Cantonment, on Promenade Road, to be precise, is coming up an exclusive residential complex. Prestige Déjà Vu.
True to its name, Prestige Déjà Vu is designed to exist within the highly progressive and increasing urbanity of Bengaluru, but without losing the old world charm of the city. Architecturally speaking, the lower units connect with the dense tree cover of the street while rising above the tree cover to make a clear impression on the skyline of Bengaluru.
As a place to stay, apart from the obvious locational advantages, Prestige Déjà vu promises a dream existence. With just 44 apartments, spanning twelve floors, it is an intimate dwelling community where neighbours share a camaraderie and bonding that make for a life that is filled with pleasant anticipations.
In design and layout terms, the apartments epitomise elegance married with efficiency. Especially notable is how they draw in light and look out to the surroundings. The living and dining rooms open into a large balcony that acts like an exterior room - greatly enhancing the feeling of space within the apartments. The public and private spaces are well defined in the floor plan giving ample privacy in an attempt to make them user friendly. The amenities are easily accessible on the ground floor around a well sized pool. The existing trees and the internal landscaped walkway to the entrance lobby, and neoclassical design of the facades provide for a palatial experience.
Every conceivable social necessity or facility is close at hand. Highly reputed schools, shopping centres and hospitals are all within walking distance. The sylvan and well manicured Coles Park, a landmark lung space in the vicinity, is just next door. The Cantonment Railway Station is just 2 km away, while the city’s major shopping centres such as Commercial Street and MG Road are just 2-3 km away.
At the same time, as only to be expected from a Prestige property of this stature, Prestige Déjà vu presents you an array of leisure lifestyle amenities to keep you entertained, occupied and physically fit, as you desire.
So, if you have always been an aficionado of the quiet class of the Cantonment lifestyle and are looking for a home that you can experience it in, Prestige Déjà Vu is exactly right for you.
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The Falcon House, No.1, Main Guard Cross Road, Bengaluru-560 001 Ph: 080 - 25591080, Fax: 080 - 25591945, E-mail: [email protected] n www.prestigeconstructions.comLike Us on Facebook l Follow Us on Twitter l Make sure you visit The Falcon Blog,
for the latest at Prestige To Visit Prestige Sunrise Park online: http://prestigeconstructions.com/sunrise-park/overview.html
Images are artist’s impressions
l Bengaluru l Chennai l Goa l Hyderabad l Kochi l Mangaluru l Mysuru l Indehaus - New YorkNew York Office: Indehaus
www.indehaus.com
F A L C O N N E W S I M A Y I J U N E I J U L Y 2 0 1 5 97
INNER BEAUTY. IN THE HOME.
Visit OMA Bangalore during the festive season.24, Vittal Mallya Rd, KG Halli, Shanthala Nagar, Sampangi Rama Nagar, Bengaluru, Karnataka 560001
Email: [email protected] Website: www.oma.net.in
bangalore Hospice Trust-karunashrayaA joint project of Indian Cancer society (karnataka Chapter) and Rotary bangalore IndiranagarOld Airport-Varthur Main Road, Kundalahalli Gate, Marathahalli, Bengaluru 560037, P: +91 80 4268 5666/2847 6133/ 2847 6509 E: [email protected] | W: www.karunashraya.org
Karunashraya Karunashrayabht
There’s a GreaTer neeD for
When There’s no hoPe for
CareCure Helping advance stage cancer patients to cope better with pain through pain management, giving them the much-needed comfort and care during the twilight of their lives through palliative and nursing care and ensuring they pass on with respect and dignity has been our mission since 1994. Our key focus areas have been - • Inpatients’ total care services • Home care services • Education through training programs for health professionals and Health Assistants and sharing the knowledge we have gained over the past two decades with satellite hospices across India
So far, we have been able to render free professional palliative care to over 16,500 patients, thanks to the continued generosity of our patrons, donors and well-wishers and we hope that they continue to patronize us by supporting our cause in future as well.
Donations by cheque should be drawn in favor of ‘Bangalore Hospice Trust’.All monetary contributions (cash/cheque) are eligible for tax exemption under session 80G (50% deductible) and 35AC (100% deductible)
We are pleased to inform you that we will be completing our 24 bed facility by the end of the year. Again, we owe this to the generosity of our donors and seek the continued support of our well-wishers to make karunashraya one of the largest hospices in Asia.
INRA/c Name - Bangalore Hospice Trust
A/c No - 34918990800Bank Name - State Bank of India
Branch – KundalahalliBangalore -560037
KarnatakaIFS Code - SBIN0009046
Branch Code: 9046MICR No: 560002064
Foreign currency A/c Name - Bangalore Hospice TrustA/c No - 35010250267Bank Name - State Bank of IndiaBranch – IndiranagarBangalore – 560008KarnatakaIFS Code - SBIN0003301Branch Code: 03301MICR No: 560002021SWIFT Code: SBININBB147
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