Prestige Falcon City Reserve Maintenance Charges

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Prestige Falcon City Reserve maintenance charges range from ₹5 to ₹6 per square foot monthly, along with a 1-year advance deposit of ₹75 per square foot collected at handover. This 41-acre housing project by Prestige Group sits on Kanakapura Road in South Bangalore. The township holds 2,520 flats built across 7 tall towers. Flat sizes range from 1,240 to 2,726 square feet for 2, 3, and 4 BHK layouts.

Your monthly maintenance fee covers the main services you use every day. This includes 24/7 security, power backup, water supply, and lift maintenance. It also helps keep the clubhouse, swimming pool, and gardens clean and well cared for. Prestige Group plans to launch the project in October 2026, with home handovers expected by December 2031. The project is located near Konanakunte Cross Metro Station and Forum South Bengaluru Mall. Regular maintenance helps keep the community clean, safe, and comfortable. It can also help protect the value of your home over time.

Project Overview & Key Highlights


Prestige Falcon City Reserve offers 2,520 flats on 41 acres of land, with key handover planned for December 31, 2031. The project sits in Konanakunte on Kanakapura Main Road in South Bangalore.

Project Parameter Project Details
Builder Name Prestige Group
Site Location Kanakapura Main Road, Konanakunte, South Bangalore 560062
Land Area 41 Acres (80% Open Green Space)
Total Towers & Units 2,520 Units across 7 High-Rise Towers
Flat Types 2 BHK, 3 BHK, and 4 BHK (1,240 to 2,726 sq. ft.)
Launch Date October 15, 2026
Possession Date December 31, 2031
RERA Status Applied

Estimated Prestige Falcon City Reserve Maintenance Charges


A 1,240 sq ft 2 BHK flat costs ₹6,200 per month, while a 2,726 sq ft 4 BHK flat costs ₹16,356 per month based on the ₹5 to ₹6 rate. You pay this bill every month to keep all common areas running smoothly.

Flat Type Flat Size (Sq. Ft.) Monthly Rate (₹/Sq. Ft.) Estimated Monthly Fee (₹) Estimated Yearly Fee (₹)
2 BHK Small 1,240 ₹5 to ₹6 ₹6,200 – ₹7,440 ₹74,400 – ₹89,280
2 BHK Large 1,379 ₹5 to ₹6 ₹6,895 – ₹8,274 ₹82,740 – ₹99,288
3 BHK Compact 1,830 ₹5 to ₹6 ₹9,150 – ₹10,980 ₹1,09,800 – ₹1,31,760
3 BHK Large 1,970 ₹5 to ₹6 ₹9,850 – ₹11,820 ₹1,18,200 – ₹1,41,840
4 BHK Small 2,450 ₹5 to ₹6 ₹12,250 – ₹14,700 ₹1,47,000 – ₹1,76,400
4 BHK Large 2,726 ₹5 to ₹6 ₹13,630 – ₹16,356 ₹1,63,560 – ₹1,96,272

Flat-Wise Maintenance Cost Sheet


Small 2 BHK flats pay ₹6,200 to ₹8,274 each month, whereas big 4 BHK flats pay ₹12,250 to ₹16,356 every month. The exact fee depends on the total square feet of your flat.

2 BHK Maintenance Cost

A 2 BHK flat sized between 1,240 and 1,379 sq ft has a monthly fee of ₹6,200 to ₹8,274. If the bill stays under ₹7,500, you do not pay extra 18% GST.

3 BHK Maintenance Cost

A 3 BHK flat sized between 1,830 and 1,970 sq ft costs ₹9,150 to ₹11,820 per month. Since this fee is over ₹7,500, you will pay 18% GST on top.

4 BHK Maintenance Cost

A 4 BHK flat sized between 2,450 and 2,726 sq ft incurs monthly fees from ₹12,250 to ₹16,356. With 18% GST added, the full cost comes to ₹14,455 to ₹19,300 per month.

Breakdown of What the Maintenance Fee Covers


Maintenance fees fund 24/7 security guards and care for 80% open green space across the 41-acre land. The money covers essential daily services for all 2,520 homes.

  • 24/7 Security: Guard salaries, main gate checks, and CCTV camera repairs.
  • Park & Lawn Care: Daily watering, tree trim, and garden cleaning across 80% open space.
  • Water & Sewage Plants: Running the water treatment plant, rainwater tanks, and waste tools.
  • Lift & Light Care: Elevator safety checks, pump repairs, and hallway lights.

Initial Advance Maintenance & Corpus Fund at Possession


Buyers pay a 1-year advance maintenance fee of ₹75 per sq ft at possession, plus a one-time Corpus Fund deposit. This money gives the management team cash to run services right away.

  • One-Year Advance Fee: You pay ₹75 per sq ft upfront before taking keys (about ₹93,000 to ₹2,04,450).
  • Corpus Fund: An emergency bank pool saved for big long-term repairs or building paint jobs.
  • Association Setup Fee: One-time legal costs to form the owners' welfare team.

FAQs


1. What are the maintenance charges at Prestige Falcon City Reserve?

Prestige Falcon City Reserve maintenance charges range from ₹5 to ₹6 per sq ft monthly, plus a ₹75 per sq ft advance deposit at handover.

2. How much advance maintenance do I pay at key handover?

At handover, you pay a 1-year advance fee of ₹75 per sq ft, which equals ₹93,000 to ₹2,04,450 based on flat size.

3. When do I pay 18% GST on maintenance?

You must pay 18% GST if your monthly maintenance bill crosses ₹7,500.

4. What is the possession date and RERA status?

The builder launched the project in October 2026, with RERA applied for and possession set for December 31, 2031.

5. What amenities are included in this monthly charge?

The fee covers 24/7 security, lift repairs, pool cleaning, park care, water treatment, and common power backup.

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