Prestige Pavilion Payment Plan

Featured Image of Prestige Pavilion Payment Plan


The payment plan runs on a construction linked structure across 10 stages. It opens with a 10 percent booking payment. A 2 BHK starts near Rs 77 lakh. The largest 4 BHK homes cross Rs 1.5 crore. Spread across 4 acre, the project offers unit sizes between 1,100 and 2,600 sq ft over three towers. Rather than one large sum, this staged structure lets you spread your cost acros the build timeline. Here is what each stage actually looks likes.

Price List Covered Under the Plan


Every home at Prestige Pavilion is priced off a base rate near Rs 7,000 per sq ft. The final figure shifts a little by size and layout. A 2 BHK, running 1100 to 1,300 sq ft, start near Rs 77 lakh. A 3 BHK, at 1600 to 1,900 sq ft, opens near Rs 1.12 crore. The largest 4 BHK home, between 2,200 & 2,600 sq ft, begin close to Rs 1.54 cr.

Configuration Size Range Starting Price
2 BHK 1,100 to 1,300 sq ft Rs 77 Lakh
3 BHK 1,600 to 1,900 sq ft Rs 1.12 Crore
4 BHK 2,200 to 2,600 sq ft Rs 1.54 Crore

Booking Amount and Initial Payment


You pay 10 percent of the flat cost at booking, and that sum does two jobs at once. It holds your chosen unit and locks in today's pre-launch price, ahead of the December rate hike. Prestige Pavilion is still taking Expressions of Interest, so booking now also puts you ahead in the queue. That matters most if a particular tower or floor is in demand.

Full Payment Schedule Breakdown


Once the booking amount is in, the rest split into nine stage tied to real construction progress. Prestige Group's standard format runs roughly like this.

Payment Stage Share of Cost
On booking 10 percent
On agreement of sale 10 percent
On completion of foundation 10 percent
On completion of plinth 10 percent
On completion of mid-floor structure 10 percent
On completion of top floor structure 10 percent
On completion of brickwork and plaster 10 percent
On completion of flooring and fit-out 10 percent
On possession 20 percent

This staging is an indicative guide for now, built around the 10-80-10 split Prestige Group has already confirmed. Exact milestone dates will show up in the official cost sheet, likely closer to the December launch.

Price Per Square Foot


Right now, Rs 7,000 per sq ft anchor every configuration at Prestige Pavilion. The final number you pay can still move a little by floor and tower. It is a useful yardstick, too, for weighing Prestige Pavilion against other gated projects rising near Huyilalu.

What the Base Price Excludes


The number on your cost sheet only covers the flat itself. A handful of costs sit outside that figure. Buyers often get caught out when they forget to budget for these.

  • Stamp duty and registration charges, fixed by the Karnataka government.
  • GST, applicable on under-construction homes at the prevailing rate.
  • Advance maintenance, usually collected as a lump sum at possession.
  • Parking, club membership, and any other charges the builder lists separately.

Once the full cost sheet is out, these figures will be spelled out clearly. Until then, your sales contact is the best source for the latest numbers.

Tower and View-Based Pricing


Three towers ring the central park at Prestige Pavilion, and each one looks out onto something different. Tower 1 faces the park directly, the kind of premium spot that usually costs a little more. Tower 2 looks over the garden courtyards instead. Tower 3 sits closest to the clubhouse, handy if you rate gym access over a view. None of this tower wise pricing is locked yet, so confirm it with the sales team before you decide.

Why This Payment Plan Suits Buyers


Spreading your cost across the build period, rather than in one hit, is the point of this structure. Each smaller payment lines up with real work on site. Your money moves in step with visible progres, instead of sitting untouched with the builder. That rhythm suits salaried buyers as much as investors, since both can plan around known dates instead.

RERA Approval and Payment Security


Prestige Pavilion is still at the pre launch stage, and RERA registration has not come through yet. Once it does, the project falls under Karnataka's RERA framework. Builders under this framework must route payments through an escrow account tied to construction milestones. That mechanism exists to stop your money from being redirected toward another project entirely. Until registration is confirmed, treat every figure here as preliminary. Get current term in writing from the sales team before you book.

How Pre-Launch Pricing Affects the Payment Plan


Pricing during an Expression of Interest window almost always sits below the launch rate. Prestige Pavilion looks no different. Books at today's rate, and it holds across your entire schedule, even if rate climb after December 5. It is one of the more concrete reasons to commit early, rather than wait and see.

When the Full Cost Sheet Becomes Available


Expect Prestige Group to release the full cost sheet closer to launch, schedule and pricing bundled in. That single document should list every charge, giving you one clean reference instead of piecing number together yourself. In the meantime, request the current brochure and an early cost sheet through the project's enquiry form.

FAQs


1. How much do buyers pay at booking for Prestige Pavilion?

Ten percent of the total flat cost, and that payment also locks in the current price.

2. How many payment stages does the Prestige Pavilion plan have?

Ten stages in total, tied to construction milestones and closing out at possession.

3. When is the final payment due for Prestige Pavilion?

The last share, expected near 20 percent, falls due at possession once your flat is ready for handover.

4. Does the payment plan include stamp duty and registration charges?

No, those are separate. They apply on top of the listed base price, set by the Karnataka government rather than the builder.

5. Is Prestige Pavilion RERA registered yet?

Not yet. Registration is still awaited, so treat the figures here as preliminary for now.

6. Can I get the exact cost sheet before the official launch?

Yes. Request the current brochure and an indicative cost sheet through the project's enquiry form.

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