Prestige Group · Sarjapur Road

Prestige City Sarjapur — 2, 3 & 4 BHK Apartments in Bangalore

Location: Sarjapur Road, Bangalore Possession: Q3 2027 Size: 1,050 – 2,650 sq ft Units: 6,000+ units across township
₹95 Lakh onwards · INR
  • 250-acre integrated township
  • IT corridor proximity (Wipro/Infosys)
  • 7-acre central park
  • School & retail within campus
  • Metro Phase 2 connectivity planned
Description Description Description Description Description

Payment Plan

Construction-linked payment plan — stage payments tied to verified milestones, fully compliant with RERA Karnataka escrow requirements.

10%
On Booking
10%
Within 30 Days
55%
On Slab Cast (Floor-wise)
25%
On Possession

Unit Types & Pricing

All prices in Indian Rupees. Prices subject to applicable GST (5% for under-construction) and registration charges (≈6% in Karnataka including stamp duty).

ConfigurationCarpet AreaPrice Range
2 BHK1,050 – 1,280 sq ft₹95 – 1.15 Cr
3 BHK1,450 – 1,750 sq ft₹1.38 – 1.66 Cr
4 BHK2,200 – 2,650 sq ft₹2.09 – 2.52 Cr

Connectivity & Landmarks

Distances from Prestige City Sarjapur to key employment, transport, and infrastructure nodes.

Landmark / DestinationApprox. Distance
Wipro / Infosys Campus3 km
ITPL Whitefield12 km
Sarjapur Road Metro (planned)2 km
Outer Ring Road8 km
Koramangala15 km

Gulf NRI Buyer's Guide — Bangalore

Buying residential property in Bangalore from the UAE? Here is the complete regulatory and practical roadmap — RERA Karnataka, FEMA, home loans, PoA, TDS and repatriation.

01

RERA Karnataka Verification

Confirm the project is registered at rera.karnataka.gov.in. RERA mandates quarterly construction updates, escrow accounts holding 70% of funds, and penalty clauses for delays — all critical safeguards for NRIs who cannot monitor construction in person.

02

NRI Eligibility under FEMA

NRIs and OCIs can purchase residential and commercial property in India without RBI approval under FEMA. Payment must be through an NRE / NRO account or by inward remittance — never via travellers' cheques or foreign currency cash.

03

NRI Home Loan from Dubai

SBI, HDFC, ICICI, Axis and Canara Bank all offer NRI home loans for Bangalore projects — up to 80% LTV on flats and 70% LTV on plots, with tenures up to 20 years. IA Wealth is a registered DSA and arranges pre-approvals from Dubai, handling paperwork without you visiting India.

04

Power of Attorney (PoA)

Get a specific PoA prepared in India, notarise it before a UAE Notary Public, attest it at the Indian Consulate in Dubai or Abu Dhabi, then apostille it via the UAE MOFA. Once registered in Bangalore, your authorised representative can execute sale deeds and register the property on your behalf — no India trip needed.

05

TDS & Karnataka Stamp Duty

Buying from a resident developer: deduct 1% TDS (Section 194-IA) on payments above ₹50 Lakh via Form 26QB. Karnataka stamp duty is 5% + 1% registration fee — factor ≈6% of property value into your total acquisition cost. IA Wealth provides a detailed cost sheet before you commit.

06

Repatriation of Proceeds

Rental income and sale proceeds credited to your NRO account are repatriable up to USD 1 million per financial year after deducting applicable taxes. NRE account balances are fully and freely repatriable at any time. Engage a CA for Form 15CA/15CB before each remittance above the threshold.

NRI Buyer FAQ — Prestige City Sarjapur

Answers to the questions Gulf NRIs ask most when evaluating Bangalore real estate investments.

Is Prestige City Sarjapur RERA-registered?
Yes, all towers are registered under RERA Karnataka (rera.karnataka.gov.in). Gulf NRIs can verify builder credentials and construction updates on the portal before committing.
Can NRIs in Dubai buy at Prestige City Sarjapur?
Absolutely. NRIs and OCIs can purchase freely under FEMA. Payment flows through NRE/NRO accounts or direct inward remittance. IA Wealth handles the full Dubai-to-Bangalore transaction remotely.
What home loan LTV can Gulf NRIs get?
Banks like SBI, HDFC, ICICI and Axis offer up to 80% LTV on Prestige projects for NRI borrowers. IA Wealth, registered as a DSA, arranges pre-approved offers at competitive rates.
Do NRIs need to visit Bangalore to register the flat?
No. A notarised Power of Attorney (PoA), attested at the Indian Consulate in UAE and apostilled, lets your authorised representative register the property in Bangalore on your behalf.
What TDS applies when buying from Prestige (a resident developer)?
1% TDS under Section 194-IA applies if the purchase price exceeds ₹50 Lakh. The buyer deducts and deposits this with the IT Department using Form 26QB before registration.
What is the stamp duty rate in Karnataka?
Stamp duty is 5% of the market value (5.6% including surcharge), plus 1% registration charge. For a ₹1 Cr flat the total registration cost is roughly ₹6.6 Lakh.
How do Gulf NRIs repatriate rental income or sale proceeds?
Rental income credited to NRO is repatriable up to USD 1 million per financial year after deducting applicable taxes. Capital gains from a sale are repatriable via NRO after paying LTCG/STCG tax and filing Form 15CA/15CB.

Enquire About Prestige City Sarjapur

IA Wealth's Dubai team guides Gulf NRIs through every step — from floor plan selection to home loan to registration. No India visit needed.

Why Book Through IA Wealth?

We are RERA-registered Dubai brokers (Reg. 52591) with a dedicated India desk. Our advisors have personally walked every site and can connect you with developer STMs, bank DSAs, and PoA lawyers — all from your Dubai meeting room.

  • Dubai Office OBK Business Centre, 20F, Burj Gate, Sheikh Zayed Road
  • WhatsApp +971 56 909 3693
  • Email dubai@investadvise.in
  • RERA Reg. 52591
  • Speciality NRI India Residential Investment