×

Enquiry

Prestige Raintree Park Payment Plan

Prestige Raintree Park Payment Plan includes simple installments spanning from October 2024 to December 2028. 20% of the total apartment price is paid every year.


Prestige Raintree Park Payment Plan

The payment schedule of Prestige Raintree Park has a convenient payment method in short installments. The buyer must pay 10 per cent of the amount when booking. Another 90 percent is paid in a given time frame, usually in a gap of 45 to 60 days. It will continue till the time of possession.

The detailed payment plan is as follows:

  1. 10% of the total cost is payable upon booking any apartment in the project.
  2. Another 10% of the total amount can be paid as construction commences.
  3. 10% of the total amount should be paid during the excavation process.
  4. 10% of the total amount must be paid during the plinth process.
  5. 10% of the total amount is due while the basement is being constructed.
  6. 10% of the total amount must be paid for the construction of the ground floor.
  7. Another 10% of the total amount can be paid during the construction of the 1st floor.
  8. 10% of the amount can be paid during the flooring process.
  9. 10% of the amount can be paid during the plumbing work.
  10. The remaining 10% of the total amount is payable upon possession of the units.

A payment plan summarises the payment schedules that must be paid as the expected project's work progresses. It consists of a down payment, additional progress payments, or monthly instalments until the project is completed.

The project offers each consumer a better lifestyle along with the best payment planning. It enables everyone to purchase and enjoy the best elements of their ideal home.

Highlights of the Offer of Prestige Raintree Park:

  • Prestige Raintree Park's unique offers is its flexible financing options. The developer mostly works with lenders to offer favorable terms for home loans, lower interest rates, or things to reduce investors' and homebuyers' financial strain.
  • During particular project phases, the project offers special incentives, such as waived registration costs, lower down payments, or free interior design packages.
  • Apart from the Offers mentioned above, Prestige Raintree Park provides non-material offers such as a clear purchasing procedure.
  • Developers may offer special pricing for early-bird investors or exclusive access to premium amenities to people who choose to invest during particular times.

Prestige Raintree Park is in a prime location on Varthur Road, East Bangalore's dynamic real estate market. Since the project is in the new launch stage, pricing is lower than the original market price. The project is scheduled to be completed by December 2028.

The project is approved by banks based on the buyer's eligibility. The payment schedule will start when the apartment is selected and booked. The booking amount will confirm the specific unit to the buyer, later all the required legal copies of the property are given to the investor. One can verify the documents with the help of a lawyer. This validation is one of the crucial steps every buyer should go through.

At this stage, an agreement will be signed between the buyer and builder having all the property-related particulars and clauses like

  • Flat Number
  • Built up Area
  • UDS (Undivided Share in the property)
  • Total Amount to be paid
  • Interior Specification
  • Car park details
  • List of amenities
  • Possession Date

Prestige Raintree Park Blogs


Disclaimer: Any content mentioned in this website is for information purpose only and Prices are subject to change without notice. This website is just for the purpose of information only and not to be considered as an official website.