Prestige Devanahalli Payment Schedule

The payment structure is divided into three main stages:

• 10% at booking
• 10% at agreement signing
• 80% during construction

The first two stages together account for 20% of the apartment value.

The remaining 80% is not payable immediately. It is linked to construction progress and is expected to be demanded in stages as work advances from foundation and basement construction to the tower structure, internal works and final completion.

This gives buyers more time to arrange funds while the project is being developed.

The table below shows how the 10:10:80 structure works on the main working price points.

These calculations use only the apartment value for illustration. The actual payment demand can differ once GST, registration charges, unit-specific price differences and other applicable costs are added. The supplied project pricing also states that final costs can change with floor, tower location, unit facing and launch offers.

The working EOI amount for Prestige Devanahalli is ₹2 lakh, described in the project information as refundable.

EOI comes before the regular apartment payment schedule. It is used during the early booking stage to register buyer interest and support priority unit selection.

Before paying the EOI amount, buyers should check the written terms for:

• refund process;
• refund timeline;
• unit-allocation process;
• validity period;
• conversion from EOI to booking;
• cancellation terms;
• whether the EOI is adjusted against the final booking payment.

The project source confirms the ₹2 lakh refundable amount, but the detailed adjustment and refund conditions should be checked in the EOI document issued to the buyer.

The first major payment is 10% of the apartment value at booking.

For example:

• ₹70 lakh apartment → ₹7 lakh
• ₹1 crore apartment → ₹10 lakh
• ₹1.55 crore apartment → ₹15.50 lakh
• ₹2.2 crore apartment → ₹22 lakh

The actual booking demand should be checked against the final selected unit because apartment prices can change with size, tower, floor and facing.

This stage is different from simply submitting an EOI. Once the apartment is formally selected and booked, the buyer moves into the main payment schedule.

Another 10% is payable when the agreement is signed.

After booking and agreement, the buyer will therefore have paid 20% of the apartment value.

For a ₹1 crore apartment, this equals:

• ₹10 lakh at booking
• ₹10 lakh at agreement
• ₹20 lakh total before the construction-linked 80% begins

For a ₹1.55 crore home, the first 20% comes to approximately ₹31 lakh.

For a ₹2.2 crore home, it reaches about ₹44 lakh.

Buyers planning a home loan should therefore arrange both their own contribution and loan sanction around these early payment stages.

The remaining 80% is construction-linked.

This is the largest part of the Prestige Devanahalli Payment Schedule. Instead of paying it as one lump sum, buyers receive payment demands as construction reaches scheduled milestones.

The current project development programme runs through several major stages:

• Site clearing and grading – October 2026
• Foundation and piling – end of 2026 to June 2027
• Basement and parking work – April to November 2027
• RCC tower structure – December 2027 to September 2029
• Internal masonry and plastering – January 2028 to May 2030
• Electrical and plumbing work – January 2029 to August 2030
• Final possession – December 2030

These are the current working construction milestones for the project. Pasted markdown

The exact percentage payable at each individual construction milestone has not been provided in the current project data. Buyers should therefore use the final builder-issued payment schedule for the exact stage-wise breakup.

A construction-linked plan connects payment demands with physical project progress.

For example, the buyer does not pay the complete 80% balance immediately after the agreement. Payment demands are spread across the development period as construction moves forward.

A typical buyer journey will therefore look like:

• EOI registration
• unit selection
• 10% booking payment
• agreement signing
• another 10% payment
• construction-linked payment demands
• final account settlement
• registration
• possession

This helps buyers plan cash flow over several years instead of arranging the entire apartment value at the beginning.

Home-loan buyers also follow the same project payment schedule.

The difference is that, after the buyer contributes the required margin amount, the bank can release the sanctioned loan in stages against builder demand notices and construction progress.

For a construction-linked loan:

• the buyer first completes the required own contribution;
• the bank verifies the project and loan documents;
• the builder issues construction-linked demand notices;
• the bank releases the eligible amount against each demand;
• the buyer pays any balance not covered by the loan.

During the construction period, borrowers may initially pay pre-EMI interest on the amount actually disbursed, depending on the loan structure selected with the bank.

The final loan terms, interest rate, margin requirement and disbursement process depend on the lending bank and buyer eligibility.

The payment percentages stay the same under the 10:10:80 structure, but the rupee amount changes with the apartment price.

The current working project price range is approximately:

• 1 BHK – from ₹70 lakh
• 2 BHK – from around ₹1 crore
• 3 BHK – from around ₹1.55 crore
• larger premium 3 BHK – up to about ₹2.2 crore

The project also has multiple size options from about 550 to 1,750 sq. ft. Pasted markdown

A larger apartment therefore requires a much higher amount at every payment stage even though the percentage remains the same.

These terms are connected but they do not mean the same thing.

Payment Plan explains the overall structure. For Prestige Devanahalli, the working structure is 10:10:80.

Payment Schedule explains when each payment becomes due.

Cost Sheet shows the actual amount payable for one selected apartment, including applicable project and statutory charges.

A buyer should therefore request the cost sheet and payment schedule together once a specific apartment has been selected.

The 10:10:80 percentage mainly explains how the apartment purchase value is divided across the payment period.

The complete buying cost can also contain other payments.

These may include:

• GST, where applicable;
• registration charges;
• stamp duty;
• maintenance advance;
• maintenance corpus or sinking fund, if applicable;
• utility or connection charges;
• unit-specific price differences;
• other charges shown in the final cost sheet.

The supplied project source clearly notes that all-in costs, including GST and registration, can vary based on the final apartment selection. Pasted markdown

The construction-linked balance continues as the project moves towards completion.

Prestige Devanahalli currently has:

• completion target – November 2030
• possession target – December 2030

The last project-related payment demands are therefore expected around completion and possession, subject to the final builder schedule and agreement terms. Pasted markdown

Registration, final account settlement and possession-related payments should be checked separately because they may not all form part of the basic 10:10:80 apartment-value calculation.

Before making any payment, buyers should verify:

• exact apartment number;
• tower and floor;
• final apartment price;
• booking amount;
• agreement payment;
• construction-linked schedule;
• GST treatment;
• registration cost;
• cancellation terms;
• delayed-payment charges;
• EOI refund terms;
• home-loan disbursement process;
• final possession payment.

The payment schedule mentioned in the booking form, agreement and cost sheet should match before the buyer proceeds.