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The Prestige Group Inaugurates Prestige Westholme, their First Residential Development in Mangalore

261 Days ago

Business Wire India
The Prestige Group, which has shaped the skyline of Bangalore, brings the same global standards to Mangalore with the inauguration of Prestige Westholme. The development consists of 20 exclusive and immaculately designed apartments at Sturrock Road, Falnir.

The inaugural event was a grand success with many well-known landowners and prominent businessmen attending the event and expressing their interest in partnering with Prestige in the near future.
At the inaugural event, Mr. Irfan Razack – CMD, Prestige Group said, “In Karnataka, after Bangalore, Mangalore is the one city that has shown tremendous growth potential in recent years. The demand drivers in Mangalore are the large NRI population, the thriving business community, its emergence as a premier Educational and Healthcare hub, its prosperous and extended hinterland, as well as the affluent diaspora who now seek to return or invest in their native place. Being a designated Smart City, it is also attracting substantial investments, especially from the Government of India, in the Shipping and Petrochemical Sectors.”

“Moreover, with growing engagement from Software Companies to establish their offices in Mangalore, the Real Estate market there has shown an upward trend in recent years. As more offices get developed, there will be a growing need for residences. We hope to address this very need with our developments. Our first commitment to Mangalore started with the opening of the 6,70,000 Sft Forum Fiza Mall, which caters not only to the immediate Mangalore catchment, but also to the surrounding districts. It is also home to more than 100 Brands of which about 25% have entered Mangalore for the first time, including national brands like Shoppers Stop, Central and PVR cinemas, to name a few.”

“Prestige Westholme is our first completed residential development and it has received an overwhelming response. This has in turn encouraged us to plan for four more residential developments in Mangalore, starting with the 360- apartment residential development, Prestige Valley Crest, which will be pre-launched in February 2016.”
About Prestige Westholme
Luxury now has a new address! Located at Sturrock Road - Falnir, right in the heart of the city, Prestige Westholme is situated in an uber prime residential locality in Mangalore. The development comprises of Basement + Ground + 10 floors with two 3-bedroom apartments on each floor. The apartments are approximately 2500 sft in size and are Vastu compliant. The development comes with a private swimming pool, steam, sauna and a world-class fitness centre. Prestige Westholme is also conveniently located near all prominent hospitals, schools and commercial developments.
About Prestige Valley Crest
A private residential community spread across a 4.75-acre urban site located on Bejai Museum Road, Mangalore, Prestige Valley Crest will comprise of 510 residences in two towers, with a configuration of 28-29 floors. The orientation of the two towers is optimized to address the best views of the sea on the west side of the property. The character of the development is strongly defined by the choice of materials, which are highly functional and devised to enhance the contemporary look and feel of the property. Multilevel car parking will be available for a total of 663 cars, thus meeting all residential and visitor requirements of the Prestige Valley Crest community. The development will also have a Laundrette and a Clubhouse with recreational facilities like a squash court, badminton court, party hall, indoor games area, swimming pool and a gymnasium.
On the sustainable front, rainwater-harvesting systems have been proposed in order to take advantage of the water runoff from the terraces and podium.  Prestige Valley Crest will also make use of the latest technological advancements including solar powered lights, energy saving fittings, sensor controlled lighting, etc. for the common areas. This will also allow for the most efficient use of electricity as well as capturing the naturally available solar power on site. On the landscape front, in order to encourage water conservation, moisture retention additives will be added to the soil in order to increase its water retention capacity and reduce irrigation demands, with care taken to plant trees that require less water. Additionally, treated sewage effluents will be recycled for irrigation purposes.

Photo Caption: (FROM L-R) Mr. V Gopal, Mr. Mark Saldanha, Mr. Faiz Rezwan, Mr Irfan Razack (CMD, Prestige Group) & Justice Saldanha at the inauguration of Prestige Westholme

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