Prestige Falcon City Reserve Payment Plan

Published On: 18 August 2026

Prestige Falcon City Reserve payment plan gives a simple 10:10:80 step-by-step payment schedule for 2,520 home flats starting at ₹1.4 Crore* on Kanakapura Main Road, Konanakunte, South Bangalore (PIN 560062). Buyers can start by paying a 10% booking fee, followed by a 10% cash pay on signing the sale agreement, with the remaining 80% split into small payments over the 5-year build time. Built on a big 41-acre land plot with 75% open park areas, the project has 7 tall towers with 2 BHK (1,240–1,379 sq. ft.), 3 BHK (1,830–1,970 sq. ft.), and 4 BHK (2,450–2,726 sq. ft.) modern homes.

This easy cash schedule cuts big upfront stress for buyers and follows all state home rule laws set by the Karnataka Real Estate Regulatory Authority. Located right across from the Konanakunte Cross Metro Station on the Green Line and next to Forum South Bengaluru mall, this place gives easy travel and high price growth over time.

Extra government fees include 5% GST on new builds, 5% state stamp duty, and 1% property sign-up cash. Early home seekers can use the Expression of Interest option with safe cash tokens from ₹12 Lakhs for 2 BHKs up to ₹30 Lakhs for 4 BHK flats to lock in low launch rates early.

Key Project Details & Government Information

Prestige Falcon City Reserve is a new home project by Prestige Group at Kanakapura Main Road, Konanakunte, Bangalore - 560062. Here is the true factual list of project size, build dates, and rule status.

Project Metric	Official Project Details
Project Name	Prestige Falcon City Reserve (Phase 2 Township)
Developer Name	Prestige Estates Projects Limited
Project Address	Kanakapura Main Road, Konanakunte Cross, South Bengaluru, Karnataka - 560062
Land Size	41 Acres (75% Open Green Area)
Towers & Floors	7 High Towers (G + 30 Flat Floors)
Total Home Count	2,520 Residential Apartments
Home Types	2 BHK, 3 BHK, and 4 BHK Modern Homes
Flat Size	1,240 sq. ft. to 2,726 sq. ft.
Pre-Launch Date	15 July 2026
Official Launch Date	15 October 2026
Build Finish Date	05 December 2031
Key Handover Date	31 December 2031
Karnataka RERA Status	Applied In Process at K-RERA Office

Step-by-Step Breakdown of the Payment Schedule

The Prestige Falcon City Reserve payment plan uses a 10:10:80 build-linked goal system that splits your total house cost into clear, small parts over a 60-month work time.

1. Booking Fee & Token Cash (10%)

The first step needs a 10% payment of the base home cost when you choose your flat size and floor spot. In the pre-launch phase, buyers give a safe token cheque from ₹12 Lakhs to ₹30 Lakhs based on a 2, 3, or 4 BHK choice. Once official state RERA approval comes in, this token turns into your real 10% booking fee.

2. Sale Agreement Signing (10%)

The second stage asks for a 10% payment when you sign the paper Agreement for Sale within 30 to 45 days of flat pick. Signing this real contract fixes your rate per square foot, car spot, and floor height fees. At this step, buyers can get home loan approval letters from main partner banks like SBI, HDFC Bank, ICICI Bank, and Axis Bank.

3. Construction Milestone Payments (80%)

The remaining 80% home cost is paid in small 5% to 10% parts based on true building steps on site.

Ground Digging & Base Work (10%): Paid when site digging and ground concrete floor slabs finish.
Main Building Slabs (40%): Split across finished concrete floors from the ground floor up to floor 30.
Brick Walls & Outer Plaster (10%): Paid once room brick walls and outer wall plaster finish up.
Floor Tiles & Wire Piping (10%): Tied to room floor tile work, water pipe setup, and wall electric wires.
Key Handover & City Pass (10%): Final cash payment given when the team gets the BBMP City Pass and gives you house keys.

Price List & Home Size Guide

Prestige Falcon City Reserve has low start rates from ₹1.4 Crore* for 2 BHK flats up to ₹3 Crore* for large 4 BHK home spaces.

Flat Type	Built-up Area (Sq. Ft.)	Base Starting Rate	Initial 10% Booking Fee
2 BHK Luxury Flat	1,240 – 1,379 sq. ft.	₹1.40 Crore* Onwards	₹14.00 Lakhs
3 BHK Medium (2 Bath)	1,830 – 1,890 sq. ft.	₹2.00 Crore* Onwards	₹20.00 Lakhs
3 BHK Large (3 Bath + Study)	1,900 – 1,970 sq. ft.	₹2.25 Crore* Onwards	₹22.50 Lakhs
4 BHK Extra Large (+ Study)	2,450 – 2,726 sq. ft.	₹3.00 Crore* Onwards	₹30.00 Lakhs

Extra Taxes & State Fee Costs

State taxes and upkeep fees add about 11% to 13% to the basic house rate at Prestige Falcon City Reserve.

Goods and Services Tax (GST): Set at 5% on new homes under active build status.
State Stamp Duty: Charged at 5% of the total home value at final title deed sign time.
Property Sign-up Fee: Fixed at 1% of total home rate paid to the state government office.
Power & Water Hookup Fees: One-time cost for BESCOM power lines and BWSSB water pipes near build end.
Advance Upkeep Fund: One year of upkeep cash plus a safety repair fund paid before key handover for site park care.

Expression of Interest (EOI) Token Perks

The Expression of Interest path helps you pick top flats early and hold low costs before general public sales open.

EOI Token Rates: ₹12 Lakhs to ₹15 Lakhs for 2 BHKs, ₹15 Lakhs to ₹20 Lakhs for 3 BHKs, and ₹25 Lakhs to ₹30 Lakhs for 4 BHK flats.
First Pick Options: EOI holders get first pick of floor height, tower spot, and park view home flats.
100% Cash Back Rule: EOI money is fully refunded if you choose not to buy prior to final unit assignment after RERA release.

Road Links & Local Area Benefits

Prestige Falcon City Reserve sits at Konanakunte Cross on Kanakapura Main Road (PIN 560062), giving fast road links to key South Bangalore work hubs.

Direct Train Access: Located right across from Konanakunte Cross Metro Station on the Green Line for fast rides to JP Nagar and MG Road.
Next Door Shopping: Built right next to Forum South Bengaluru, a huge 1-million-sq.-ft. spot for food, film, and shop needs.
Main Ring Roads: Set just 2.5 km from NICE Ring Road, giving quick car trips to Electronic City and Bannerghatta Road.
Top Schools & Care Centers: Placed within 10 to 15 minutes of Delhi Public School, Kumarans School, Apollo Hospital, and Fortis Hospital.