Prestige Falcon City Luxe Payment Plan

Prestige Falcon City Luxe Payment Plan explains the expected stage-wise payment schedule for buyers booking 2, 3 and 4 BHK apartments in the project. The project is located on Kanakapura Road, Konanakunte, South Bangalore, and is currently in the pre-launch stage. The final payment plan will be confirmed in the official cost sheet after RERA approval and launch.

Featured Image of Prestige Falcon City Luxe Payment Plan

Prestige Falcon City Luxe is planned across 41 acres with 7 high-rise towers, 2,520 apartments and 75% open space. The apartment sizes range from 1204 sq. ft. to 2726 sq. ft., and the price range starts from ₹1.4 Cr and goes up to ₹3 Cr.

Prestige Falcon City Luxe Payment Plan Details

Prestige Falcon City Luxe is expected to follow a construction-linked payment plan. Buyers usually pay an initial booking amount or EOI amount first, and the remaining amount is collected in stages based on project progress.

The expected payment schedule is:

Payment Stage Expected Payment
Booking / Allotment Stage 10%
Construction Start / Foundation Stage 10%
Excavation Stage 10%
Plinth / Podium Stage 10%
Basement Stage 10%
Ground Floor Slab Stage 10%
Structural Floor Work 10%
Flooring Stage 10%
Plumbing and Electrical Work 10%
Possession Stage Final 10%

This is an expected construction-linked payment plan. The final Prestige Falcon City Luxe payment schedule may change based on RERA approval, tower progress, launch terms, agreement value and the official cost sheet. Buyers should confirm the latest payment plan before booking.

Prestige Falcon City Luxe EOI Amount

Prestige Falcon City Luxe EOI amount is collected to show buyer interest and give priority during unit allotment. The EOI amount is indicative and should be confirmed with the sales team before payment.

Apartment Type Indicative EOI Amount
2 BHK Apartments ₹12 Lakhs to ₹15 Lakhs
3 BHK Apartments ₹15 Lakhs to ₹20 Lakhs
4 BHK Apartments ₹30 Lakhs

Submitting an EOI can help buyers get early preference for unit selection during the pre- launch stage. Buyers should make payment only through the official project account and after checking written EOI terms, refund terms and allotment process.

Prestige Falcon City Luxe Cost Sheet

The Prestige Falcon City Luxe cost sheet gives the complete payable amount for the selected apartment. Buyers should check the cost sheet carefully because the final amount is not only the base price.

The cost sheet may include:

  • Base apartment price
  • Agreement value
  • GST, if applicable
  • Stamp duty
  • Registration charges
  • Floor rise charges
  • Preferred Location Charges, if applicable
  • Parking charges, if applicable
  • Maintenance deposit
  • Clubhouse or amenity charges, if applicable
  • Total payable amount
  • Stage-wise payment schedule

The final cost may change based on unit size, tower, floor level, facing, view and other charges. Buyers should compare the all-inclusive cost before booking.

Prestige Falcon City Luxe Project Details for Payment Plan

Project Detail Updated Information
Builder Prestige Group
Project Type Luxury Apartment Township
Location Kanakapura Road, Konanakunte, South Bangalore
Total Land Area 41 Acres
Towers 7 high-rise towers
Total Units 2,520 apartments
Configurations 2, 3 and 4 BHK
Size Range 1204 sq. ft. to 2726 sq. ft.
Price Range ₹1.4 Cr to ₹3 Cr
Open Space 75%
Project Status Pre-launch
RERA Status Update Soon / Awaiting Approval
Launch Date 15 September 2026
Completion Time 5 Years
Possession Date August 2031

Important Points Before Making Payment

Before making any payment for Prestige Falcon City Luxe, buyers should check the latest RERA status, official payment account, EOI terms, booking amount, cost sheet, payment schedule, cancellation policy and refund terms.

Buyers should also confirm whether the payment plan is linked to construction progress, tower progress or agreement milestones. This is important because the project is still in the pre-launch stage, and final payment terms may be updated after official launch.

FAQs

Prestige Falcon City Luxe is expected to follow a construction-linked payment plan, where buyers pay in stages based on project progress.

The indicative EOI amount ranges from around ₹12 Lakhs to ₹15 Lakhs for 2 BHK apartments, and may go up to around ₹30 Lakhs for larger units. Buyers should confirm the current amount with the sales team.

No, the final payment plan should be confirmed in the official cost sheet after RERA approval and launch.

Indicative pricing starts from around ₹1.4 Cr and goes up to around ₹3 Cr, based on the selected apartment type, size, floor, tower and view.

Possession is planned for around August 2031.

Buyers should check RERA approval, the official bank account, cost sheet, EOI terms, payment schedule, refund policy and written allotment details before making payment.