Prestige Spring Heights Payment Plan
The Prestige Spring Heights payment plan is straightforward, with manageable instalments scheduled from March 2025 to March 2030. Buyers pay 20% of the apartment price each year, making it convenient for investors.
The payment process is simple and broken into short installments. Here is the detailed plan:
- 1. Booking Stage: Pay 10% of the total apartment price when booking.
- 2. Construction Start: Another 10% is due once construction begins.
- 3. Excavation: Pay 10% during the excavation phase.
- 4. Plinth Work: 10% is due when the plinth work is completed.
- 5. Basement Construction: Pay 10% as the basement is being built.
- 6. Ground Floor: Another 10% is due during ground floor construction.
- 7. First Floor: Pay 10% as the first floor is being built.
- 8. Flooring: Another 10% is due at the flooring stage.
- 9. Plumbing: Pay 10% during the plumbing work.
- 10. Possession: The final 10% is paid at the time of possession.
This plan is designed to make payments easier as the project progresses. Payments are scheduled in small amounts that align with construction milestones, ensuring a stress-free experience for buyers.
Prestige Spring Heights offers attractive financing options:
- The developer works with banks and lenders to provide home loans at low-interest rates.
- During certain phases, buyers may receive benefits like reduced registration costs, lower down payments, or complimentary interior design packages.
- Special pricing may be available for early buyers or investors, along with exclusive access to premium amenities.
Located on Varthur Road in East Bangalore, Prestige Spring Heights is part of a vibrant real estate hub. Since it is a new launch, prices are competitive and lower than market rates. The project is set for completion by March 2030.
The booking process is smooth, with buyers receiving all necessary legal documents upon payment of the booking amount. Buyers are encouraged to have the documents verified by a lawyer to ensure everything is in order.
After booking, an agreement is signed between the buyer and developer. It includes:
- Flat number and built-up area
- Undivided share of land (UDS)
- Total cost
- Interior specifications
- Car parking details
- Amenities list
- Possession date
This payment plan ensures a flexible and transparent process, making Prestige Spring Heights an excellent choice for homebuyers seeking a dream home.