Prestige Crystal Lawns, an exclusive plotted development at IVC Road, Devanahalli, offers a structured and time-bound payment plan designed for transparency and ease of investment. Spread over a 2-year development timeline, the plan allows buyers to manage their payments with clarity and convenience.
Payment Schedule (Time-Bound Over 2 Years)
| Stage | Payment | GST Applicable |
|---|---|---|
| On Booking | 10% | + GST @ 5% |
| On Allotment | 10% | + GST @ 5% |
| 12 Equal Instalments (Over 24 Months) | 77.5% (spread across 12 instalments) | + GST @ 5% per instalment |
| On Possession – Sale Value | 2.5% | + GST @ 5% |
| On Possession – Other Charges | 100% of Other Charges | + GST @ 18% on applicable items |
Highlights of the Payment Plan:
- 12 Easy Instalments: The main portion of the payment (77.5%) is divided into 12 equal instalments, spread across the 24-month construction period. This ensures smoother financial planning without lump-sum burden.
- Low Upfront Payment: Only 20% (Booking + Allotment) is required initially, making it ideal for early investors.
- Final Settlement on Possession: A small percentage (2.5%) of the sale value is due at possession, along with applicable other charges.
This milestone-based payment structure is ideal for plot buyers looking for a balanced investment approach in a fast-developing corridor of North Bangalore.