Prestige Pallavaram Gardens Payment Plan

Prestige Pallavaram Gardens Payment Plan includes simple installments spanning from February 2025 to December 2028. 20% of the total apartment price must be paid every year.

A payment plan will show the payment schedules that must be paid as the project's work progresses. It has a down payment, progress payments, and monthly installments until the project is completed.

The payment schedule of Prestige Pallavaram Gardens has a convenient payment method in small installments. The buyer has to pay 10 percent of the project amount when booking. The remaining 90 percent must be paid in a given time frame, in a gap of 45 to 60 days. The payment schedule will continue till the time of possession.

The detailed payment plan is given as follows:

• 10% of the total project cost is payable upon booking any apartment in this project
• A 10% of the total project amount can be paid as construction starts
• 10% of the total amount has to be paid during the excavation process
• 10% of the total amount has to be paid during the plinth process
• 10% of the total amount must be paid while the basement is being constructed
• 10% of the total amount has to be paid for the construction of the ground floor
• Another 10% of the total amount has to be paid during the construction of the 1st floor
• 10% of the amount has to be paid during the flooring process
• 10% of the amount has to be paid during the plumbing work
• The remaining 10% of the total project amount is payable upon possession of the units

The payment schedule is approved by banks based on the buyer's eligibility. The payment schedule will start after the desired apartment is selected and booked. The booking amount paid will confirm the specific flat to the buyer. All the legal copies of the property are then given to the investor. Buyers can verify all the legal copies with the help of a lawyer.

After confirming that the property is free from all legal risks, an agreement is signed between the buyer and builder. It will mention all the details that include,

• Flat Number
• Interior Specification
• Car park details
• Built up Area
• UDS (Undivided Share in the property)
• Total amount to be paid
• List of amenities
• Possession Date of the property

The payment plan will let buyers decide and book their dream apartment. All charges with guidelines for payment are there for the understanding of the complete payment plan. As the project completion is by the end of Dec 2028, the Payment Schedule of Prestige Pallavaram Gardens Chennai will be planned in stages based on the project's construction.