Prestige Projects Kanakapura Road Payment Plans

Published On: 20 August 2026

Prestige Projects Kanakapura Road payment plans are simple, RERA-approved payment schedules that ask for a 10% to 20% down payment and divide the remaining 80% to 90% balance into small steps linked directly to construction progress. These easy plans apply to top South Bangalore spots like Konanakunte Cross, Doddakallasandra, and Banashankari 6th Stage. You can pick standard stage-by-stage plans, flexible 10:90 schemes, or standard bank home loans to fit your budget.

You only pay as real work finishes on site. This rule protects your hard-earned cash during digging, base concrete work, and floor slab casting. Site checks happen before any payment call is sent out. In addition, these homes sit close to the Green Line Metro and NICE Road, which helps your property grow in value over time.

Main Payment Options for Prestige Projects

Prestige Group provides three clear payment setups to help buyers match home costs with monthly income and bank loans.

1. Construction-Linked Plan (CLP)

A Construction-Linked Plan divides 80% of the flat cost across 15 to 20 small steps, while asking for only 20% upfront during the initial booking and sale agreement stage:

Booking Deposit: Pay 10% of total cost when you select the home.
Agreement Signing: Pay 10% more within 30 days of booking.
Foundation Stage: Pay 10% to 15% when ground digging and base concrete work finish.
Floor Slabs: Pay 3% to 4% as workers cast each new floor level.
Wall & Pipe Work: Pay 10% during room plaster work, wire setups, and water pipe fitting.
Final Handover: Pay the last 5% balance when you get the Occupancy Certificate (OC) and house keys.

2. Flexi Payment Schemes (20:80 & 10:90 Plans)

Flexi-plans let you pay a small 10% or 20% down payment on day one, pausing all other loan releases until the main tower roof is done. This plan keeps your monthly bank interest low while the builders work on your tower.

Prestige Falcon City Reserve: Project Profile & Payment Breakdown

Prestige Falcon City Reserve is a 41-acre luxury housing township at Konanakunte Cross on Kanakapura Main Road (PIN: 560062) that offers 2,520 family homes across 7 towers of G+30 floors with 75% open green space.

The project uses an easy 48-month construction payment plan where buyers pay 10% on booking day, 10% during flat allotment, 78% in small steps as building floors go up, and the final 2% on key handover day.

Project Metric	Key Information
Builder Name	Prestige Estates Projects Ltd
Project Location	Konanakunte Cross, Kanakapura Road (Opposite Metro & next to Forum Mall)
Unit Types & Sizes	2, 3, & 4 BHK homes (1,240 to 2,726 sq. ft.)
RERA Status	Applied / In-Process (Phase 1 RERA: PRM/KA/RERA/1251/310/PR/170913/000114)
Launch Dates	Pre-Launch: July 15, 2026 / Official Launch: October 15, 2026
Possession Date	Target Date: December 31, 2031
Price Spectrum	₹1.40 Crore to ₹3.00+ Crore (₹10,500 to ₹14,000 per sq. ft.)

Booking Tokens & Installment Details

Booking tokens for Prestige Falcon City Reserve are simple: pay ₹12 to ₹15 Lakhs for a 2 BHK, ₹15 to ₹25 Lakhs for a 3 BHK, and ₹30 Lakhs for a 4 BHK.

Once you sign the sale agreement, you pay the remaining 78% in small, easy steps. You only release funds as workers finish the base, build each floor slab, add windows, and lay water lines.

Comparison Table: Prestige Projects on Kanakapura Road

Prestige developments along the Kanakapura Road stretch provide clear RERA registrations, flexible floor choices, and fixed handover dates.

Project Name	Micro-Market Area	Unit Types	RERA Number	Launch Date	Possession Date	Payment Plan
Prestige Falcon City Reserve	Konanakunte Cross	2, 3, 4 BHK	Applied / In-Process	October 2026	December 2031	10:10:78:2 CLP Milestones
Prestige Falcon City (Phase 1)	Konanakunte Main Road	2, 2.5, 3, 4 BHK	PRM/KA/RERA/1251/310/PR/170913/000114	December 2014	March 2020 (Delivered)	Ready-to-Move / Home Loan
Prestige Primrose Hills (1 & 2)	Banashankari 6th Stage	1, 2, 3 BHK	PRM/KA/RERA/1251/310/PR/200618/003453 & PRM/KA/RERA/1251/310/PR/200618/003455	June 2020 / March 2021	June 2025 (Delivered)	10:90 / Milestone Completion

Extra Fees and State Taxes to Budget For

Government taxes and extra site charges add around 10% to 15% on top of the base flat price on Kanakapura Road.

GST (Goods & Services Tax): A flat 5% GST applies to every payment installment for new homes priced above ₹45 Lakhs.
Stamp Duty & Registration: The state charges 5.1% stamp duty plus a 1% registration fee before you get your final property deed.
Floor Rise Fees: Starting from the 4th floor upwards, builders add ₹25 to ₹50 per square foot for higher levels.
Upfront Maintenance Fund: You will pay 12 to 24 months of advance maintenance fees and a sinking reserve fund when taking your keys.

FAQs

1. How much is the initial booking deposit for Prestige homes on Kanakapura Road?

You pay an initial 10% deposit at booking time, followed by another 10% when you sign the official sale agreement within 30 days.

2. What is the official RERA registration status for Prestige Falcon City Reserve?

Prestige Falcon City Reserve has applied for its new phase registration with Karnataka RERA, while Phase 1 is already complete under RERA number PRM/KA/RERA/1251/310/PR/170913/000114.

3. Which banks offer home loans for Prestige projects on Kanakapura Road?

Leading banks like SBI, HDFC Bank, ICICI Bank, and Axis Bank offer pre-approved home loans tied to verified construction stages.

4. What is the booking token amount for Prestige Falcon City Reserve?

The booking token is ₹12 to ₹15 Lakhs for 2 BHK homes, ₹15 to ₹25 Lakhs for 3 BHK homes, and ₹30 Lakhs for 4 BHK homes.

5. What final fees are due on possession day?

On key handover day, you pay the remaining 2% to 5% flat balance, power and water meter setup fees, government registration costs, and advance maintenance fees.