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Prestige Somerville Payment Plan


Prestige Somerville Payment Plan


The payment plan for Prestige Somerville, at regular intervals, is as follows:

  1. 10% of the total amount is payable upon booking any apartment or villa in the project.
  2. Once construction commences, The Buyer has to pay another 10% of the total amount.
  3. During excavation, The Buyer has to pay 10% of the total amount.
  4. 10% of the total cost is due at the plinth stage.
  5. Basement construction stage: The Buyer can pay 10% of the total amount.
  6. During the construction of the ground floor, The Buyer has to pay 10% of the total amount.
  7. The Buyer can pay another 10% of the total during first-floor construction.
  8. Buyers can pay 10% of the total amount during flooring.
  9. When plumbing work starts, the Buyer can pay 10% of the total amount.
  10. Before possession of the unit, The remaining 10% of the total amount is payable.

The payment plan is the schedule of payments for the apartments in a housing complex. It outlines the project payments that must be made as the houses are developed. The plan provides consumers with step-by-step payment processing guidance, guaranteeing a hassle-free house ownership experience for both the builder and the buyer.

Customers can choose an easy and risk-free instalment plan with the Prestige Somerville Payment Plan. Booking an apartment or flat requires buyers to pay 10% of the total cost. After that, the buyer has to pay the remaining sum which will be split into four equal payments. It's crucial to remember that the base price listed does not include extra charges for things like stamp duty, registration, or other taxes. The buyer must pay these fees when the apartment or flat is registered or on the possession day. All fees and taxes include GST.

Prestige Group is famous for providing excellent residential places at affordable prices. They provide the best deals for investors based on current market rates. Factors like property size, infrastructure, and location influence the pricing. This creates a win-win situation for both parties. Buyers can select a budget-friendly apartment and enjoy the luxury of a prime area.

You will have enough time to process the documents before reaching the agreement stage. At this stage, a formal agreement will be signed between the builder and the buyer, detailing all property-related particulars and clauses such a

  1. Flat Number
  2. Built up Area
  3. UDS (Undivided Share in the property)
  4. Total Amount to be paid
  5. Interior Specification
  6. Car park details
  7. List of amenities
  8. Possession Date

Overall, the payment plan brings transparency and trust between both parties. It lets the buyers have a nice home-buying experience. If you have any queries regarding the payment plan, feel free to contact us.

The project provides various ways to pay. These will make buying a home easier by bringing down the related expenses. Pre-launch is the ideal time to purchase an apartment in this complex. The presale pricing for Prestige Somerville residences will be less than the final cost of the properties.

The government's prescribed procedures must be followed in order to pay all necessary fees and taxes. The amount of GST must be added. There will be maintenance and parking costs. You will have to pay extra for all of the extras. The amount you see is all you have to pay; there are no additional fees. Prestige Somerville will offer a more affordable price than the majority of its competitors.



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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.

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