Prestige Battersea Payment Plan

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The Prestige Battersea payment plan is designed to make purchasing a home simple, safe, and stress-free. You do not have to pay the full amount at once. Instead, you pay in small, easy installments linked to the stages of construction. This way, you always know how much to pay as well as when.

Step-by-Step Payment Schedule


Prestige Battersea gives a 30-milestone construction-linked payment schedule:

  • Booking: Pay 10% of the apartment price plus applicable GST to reserve your unit.
  • Agreement Stage: Pay another 10% plus applicable GST of the project when you sign the formal sale agreement.
  • Construction Stages: The remaining full amount is paid in bi-monthly construction-linked installments as per the official progress schedule. These periodic installments are charged at equal percentages plus GST as each new floor slab has been started.
  • Possession: Pay the last 2.5% balance installment when you receive your keys and move in. On the intimation of possession, all other utility infrastructure, clubhouse, and parking charges are payable separately at 100% plus applicable GST.

This step-by-step plan makes it easy to budget as well as track your payments without any stress.

The Prestige Battersea payment schedule follows a structured construction-linked plan that divides the total apartment cost into specific milestone installments across 30 distinct payment intervals. This official financial blueprint applies directly to all 1,900 luxury units being built within the 12-acre residential enclave on Hennur Road.

The property features 7 high-rise towers that house an array of floor plans. These layouts consists of 1 BHK, 2 BHK, 3 BHK Compact, 3 BHK Large, and 4 BHK Luxury configurations. By tying each financial transaction directly to ongoing site progress, this framework protects buyer capital. It shows that funds are only released as real structural milestones are met by the Prestige Group.

Core Base Prices and Area Layouts


Your total payment obligation scales directly with the super built-up area of your selected home. The table below lists the starting pre-launch base prices that consists of the foundation of your installment calculations.

Unit Configuration Super Built-Up Area Range Starting Pre-Launch Base Price
1 BHK 650 sq. ft. to 800 sq. ft. ₹98 Lakhs onwards
2 BHK 1,000 sq. ft. to 1,300 sq. ft. ₹1.40 Crores onwards
3 BHK Compact 1,350 sq. ft. to 1,550 sq. ft. ₹1.57 Crores onwards
3 BHK Large 1,600 sq. ft. to 2,000 sq. ft. ₹2.24 Crores onwards
4 BHK Luxury 2,400 sq. ft. to 2,800 sq. ft. ₹3.36 Crores up to ₹3.92 Crores

Component Breakdowns in the Financial Schedule


The complete billing structure divides your total collection value into clear, independent line items beyond the basic flat cost.

  • Base Value Component: This is calculated by multiplying the launch rate of ₹11,000 per sq. ft. by your exact unit size.
  • Floor Rise Fees: The builder adds an extra charge of ₹50 per sq. ft. for each floor. This fee starts from the second floor upwards.
  • Preferential Location Charges (PLC): Surcharges ranging from ₹150 to ₹200 per sq. ft. apply to east-facing, garden-view, or any of the corner units.
  • Infrastructure Utility Levies: This segment covers installation charges for BESCOM electricity grids and BWSSB water networks.
  • Clubhouse and Parking Fees: Fixed costs for covered car parking spaces and multi-tier clubhouse community access are added to your early transaction summary.

Milestone-Linked Payment Schedule Breakdown


The financial timeline breaks down your total cost into sequential progress-based steps from your first token deposit up to final key handover.

1.Booking Advance Capital: Milestone 1.

The homebuyer pays an initial down payment of 10% of the total flat cost. You must also pay the added GST to secure your unit allocation.

2.Sale Agreement Execution: Milestone 2.

You pay an additional 10% installment along with basic GST within 60 days of booking. This step happens upon signing the formal sale agreement.

3.Substructure Foundation Slabs: Milestone 3.

You clear a total of 5% in smaller installments during early earthwork completion. This includes ground digging, basement laying, and plinth leveling.

4.Superstructure Tower Casting: Milestone 4.

You pay progressive tranches of 3% each as the building grows. These payments are due as the builders pour the concrete slabs for each new floor level.

5.Possession Intimation Notice: Milestone 5.

The final 2.5% balance is due when the building is ready. You also clear the maintenance corpus fund, stamp duty, and registration fees at handover.

Statutory Notice: All promotional prices exclude mandatory government taxes. Homebuyers must clear the 5% Goods and Services Tax (GST), local sub-registrar office registration fees, and stamp duty charges separately during the property transaction.

FAQs


1. How is the Prestige Battersea payment schedule has been planned?

The schedule gives a construction-linked plan, which is split into 30 milestones, tying the installments directly to the real structural progress on the project site.

2. What percentage of the apartment cost is need at the booking stage?

You must pay an initial down payment of 10% of the total agreement value plus applicable GST to lock in your apartment choice.

3. When do I need to pay the government stamp duty and registration fees?

You must pay the 5% stamp duty as well as 1% registration fees at the end of the timeline, right before physical key handover at the sub-registrar office.

4. Are there separate charges for higher floors in the payment schedule?

Yes, the cost sheet consist of a standard floor rise fee of ₹50 per square foot for each floor level starting from the second floor upwards.

5. Does the payment schedule change if my apartment remains empty?

No, the construction-linked payment schedule applies same to all buyers based on build milestones, with regardless of when you plan to move in.

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