The Down payment plan for Prestige Raintree Park is structured to provide buyers with a balanced and convenient approach, ensuring financial flexibility throughout the construction period
Here's a detailed and enhanced breakdown of the down payment plan:
Booking
- Buyers must make an initial payment of 10% of the total property value when booking any apartment or villa. This amount secures your chosen unit and marks the beginning of your investment in this prestigious project.
Construction Commencement
- Once the construction officially begins, an additional 10% of the total property value is payable. This instalment supports the initial stages of building and reflects your commitment to the project's development.
Excavation Stage
- Another 10% of the total property value is due during the excavation process. This phase involves critical groundwork and foundation preparation, ensuring the structure's stability and longevity.
Plinth Stage
- After completing the plinth work, you must pay 10% of the total property value. The plinth is a crucial stage in construction, providing a strong base for the building and setting the stage for further development.
Basement Construction:
- When the basement is constructed, an additional 10% of the total property value is required. This instalment covers the cost of creating a secure and functional basement, which adds value and utility to the property.
Ground Floor Construction:
- As the construction progresses to the ground floor, another 10% of the total property value must be paid. This payment supports the development of your future home's primary living spaces and communal areas.
First Floor Construction:
- You are required to pay 10% of the total property value during the construction of the first floor. This phase continues the upward build of the structure, forming additional living spaces and contributing to the overall layout of the building
Flooring Work
- Another 10% of the total property value is payable as the flooring work progresses. This stage involves laying down high-quality flooring materials that enhance your home's aesthetic appeal and functionality.
Plumbing Work
- An additional 10% of the total property value is due during the plumbing work phase. This instalment ensures the installation of essential water and sanitation systems, guaranteeing the comfort and convenience of future residents.
Possession
- The remaining 10% of the total property value is payable upon unit possession. This final payment completes your financial obligations and grants you full ownership and access to your new home
Prestige Raintree Park is a community that blends elegance, convenience, and high-
quality living rather than just a housing development. It offers an unmatched living
experience in one of Bangalore's most sought-after neighbourhoods, making it a sensible
investment or new home.
Prestige Group Blogs