The payment plan for Prestige Raintree Park follows a short-installment structure. The buyer is required to pay 10% of the total amount at the time of booking. The remaining 90% can be paid within a specified period, typically between 45 and 60 days. The detailed payment plan is as follows:
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. Prestige Raintree Park Payment Plan gives the details of the payment schedule for buyers during the course of the project. Buyers will find the instalment payment plan straightforward.
Customers at Prestige Raintree Park can make simple payments with a risk-free payment plan. When reserving a desired unit, purchasers must pay 10% of the total sum. The remaining price will then be split up into smaller schedules.
It is preferable to gain financial security and pursue a fulfilling future. Prestige Raintree Park offers each consumer a better lifestyle along with the best payment plan. It enables everyone to purchase and enjoy the best elements of their ideal home. To better understand the payment plan, all costs are listed together with guidelines for the total amount due.
Prestige Raintree Park Offers great deals to revolutionize the home-buying experience. In addition to improving the financial aspects of buying a property, these calculated incentives raise investors' happiness. Prestige Raintree Park is a prime locality in Varthur Road, East Bangalore's dynamic real estate market.
Since the project is still in its prelaunch stage, pricing is lower than the original market price. Certain offers entice buyers and investors, resulting in profitable outcomes. Investors searching for the finest investment opportunity will profit from the price attractiveness.
Before purchasers make their selections, various payment options are explored with banks and the buyers themselves. The proposals will be approved by banks based on the buyer's eligibility. Prestige Raintree Park payment plan will enable you to quickly reserve your ideal home and provide you with more memorable moments to treasure. The project's payment schedule is by its construction, as it is now under prelaunch and is scheduled to be completed by December 2028.
The builder offers the best payment options to meet the demands of every consumer. The project offers the most convenient payment schedule to accommodate all purchasers, and the payment plan gives buyers an understanding of all the payment specifics. Regarding the Prestige Raintree Park Payment Schedule, the developer has adaptable options to suit all the buyers' needs.
The basic format of the Prestige Group’s payment plan is given below.
Booking Amount | 5% |
At the time of the Agreement | 30% |
At the time of 1st floor slab | 20% |
At the time of the 3rd-floor slab | 20% |
At the time of 4th floor slab | 10% |
At the time of Internal plastering | 10% |
Completion and Handover | 5% |
Car Park, EB, Water, Registration and Service Taxes Extra |
The payment schedule is initiated when the apartment is selected and booked. The booking amount confirms the specific unit to the buyer, and all the required legal and official copies of the property are provided to the investor. Wherein one can validate the documents with the help of a lawyer. This validation is one of the mandatory steps every buyer should go through.
You will get enough time to process the documents until the agreement stage legally. In this stage, an agreement will be signed between the builder and buyer having all the property-related particulars and clauses like
Property agreements are crucial as we can refer to them in conflicts. The third payment schedule begins based on the progress of construction. Typically, we can expect a 10-20% payment due in some of the construction stages, like 1st floor slit, 4th floor and 6th floor.
Once all the floors have been raised, the next stage is the Plastering payment stage, where 10% of the property value is due to be paid. At the end of the project or by the time of possession, the builder will collect the remaining 5%.
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