Prestige Gardenia Estates Payment Plan
Prestige Gardenia Estates Payment Plan is a schedule for making payments to buy a property, plot, or unit. It is created to make payments easier for buyers and systematically breaks down the payments. They specify the purchase amounts, instalment amounts, and terms for payments. It also includes GST, floor price, maintenance charges, and other charges.
The payment plan of the project comprises a booking amount that has to be paid as 10% of the total amount. Buyers also have to pay a 10% agreement amount and totally have to pay 10 instalments in 4 years of construction time. The exact payment plan of the township will be available after the project is launched. Its launch is set for 2025, and it will have a transparent plan for buyers.
The project offers different payment options, like construction-linked plans, custom plans, down payments, and "pay some now, the rest later" plans. The builder may discuss these options with banks before selling out the units. Prestige Gardenia Estates provides a risk-free instalment plan for easy payments. Buyers can pick a plan that suits their budget.
Prestige Group follows the guidelines set by RERA for the under- construction project's payment plan. It has a transparent and legally compliant plan for safe payment for the buyers. The project will be approved by RERA soon, and its plan will comprise the following:
- At the time of booking, buyers need to pay 10% of the total plots cost as booking amount in May 2025.
- Another 10% is due when construction begins, which is in June and July 2025 as the first instalment
- The next 8% must be paid when excavation starts, which is in November 2025.
- Buyers will pay another 8% when the plinth work begins in January 2026.
- 8% of the total cost is to be paid during the basement construction in January, March and May of 2026.
- Another 8 per cent, which is 6 the installed, ment paid in July 2026. The second floor is being built.
- During the plumbing stage, buyers need to pay 8 per cent again, as a 7th instalment of the total cost.
- An 8th and 9th payment of the amount is to be paid before possession. Which is on November 2026 and January 2027.
- The remaining 8 % amount is to be paid in March 2027 as the last instalment.
Latest Payment plan of the Prestige Gardenia Estates 2025 as per the stage, month, and percentage of the payment are as follows :
| Stage | Month | Percentage |
|---|---|---|
| Booking | May 2025 | 10% |
| Agreement 1 | June / July 2025 | 10 % |
| Installment 2 | November 2025 | 8% |
| Installment 3 | January 2026 | 8% |
| Installment 4 | March 2026 | 8% |
| Installment 5 | May 2026 | 8% |
| Installment 6 | July 2026 | 8% |
| Installment 7 | September 2026 | 8% |
| Installment 8 | November 2026 | 8% |
| Installment 9 | January 2027 | 8% |
| Installment 10 | March 2027 | 8% |
The plots in this project will be priced affordably. Prestige Group will soon share the prices of the flats, which will match the local market rates. The project offers flexible payment options to make buying a plot more affordable. The best time to buy an plots here is during the pre- launch phase. The pre-launch price at Prestige Gardenia Estates will be lower than the final price.
Highlights of Prestige Gardenia Estates
| TYPE | PLOTTED DEVELOPMENT |
| PROJECT STAGE | PRE - LAUNCH |
| LOCATION | STRR DEVANAHALLI, BANGALORE |
| BUILDER | PRESTIGE GROUP |
| Units | 30x40, 40x50, 50x 60 |
| TOTAL LAND AREA | 50 ACRES |
| RERA ID | APPLIED |
| LAUNCH DATE | MAY 2025 |
| POSSESSION DATE | DEC 2028 |
| PRICE | 1.20 CR ONWARDS |
| NO.OF UNITS | 500 PLUS |
| Enquiry |