Prestige Springwood Cost Sheet and Charges

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The Prestige Springwood Cost sheet/charges fix a base rate of ₹25,000 per sq. ft. for 60 luxury row homes set across a 9-acre property in Yerthiganahalli, Devanahalli, North Bangalore (PIN: 562110). Built by the Prestige Group, this community offers two big 4 BHK floor plans: the 4,000 sq. ft. Royale Townhouse starting at ₹10.00 Crores, and the 5,000 sq. ft. Magnus Townhouse priced up to ₹12.50 Crores. Every G+2 villa features four master bedrooms with attached baths, a private home theatre room, a quiet study room, and separate staff quarters.

The full price combines your basic villa cost with 5% GST, 5.6% state stamp duty, and a 1% government registration fee. You also have clear utility fees for BESCOM power connections, BWSSB water lines (around ₹150 to ₹200 per sq. ft.), and lifetime entry to the 50,000 sq. ft. clubhouse with over 55 lifestyle amenities. Located 600 meters from NH-44 and only 3.5 km from Bangalore Airport, you can book a home with an initial booking token of ₹50 Lakhs for Royale units or ₹65 Lakhs for Magnus units.

Unit Price Matrix and Layout Specifications


The Prestige Springwood cost sheet sets home prices directly by total built-up floor area and villa size.

Villa Configuration Layout Name Super Built-up Area Base Rate (per sq. ft.) Starting Base Cost Booking Deposit
4 BHK + AV Room + Study + Maid Room Royale Townhouse 4,000 sq. ft. ₹25,000 ₹10.00 Crores ₹50 Lakhs
4 BHK + AV Room + Study + Maid Room Magnus Townhouse 5,000 sq. ft. ₹25,000 ₹12.50 Crores ₹65 Lakhs

₹12.50 Crores ₹65 Lakhs

  • Royale Townhouse (4,000 sq. ft.): Costs ₹10.00 Crores basic price, giving you three full floors of living space, covered car parking, and a private back garden.
  • Magnus Townhouse (5,000 sq. ft.): Costs ₹12.50 Crores basic price, adding extra-large family living rooms, bigger bedroom suites, and wide open-terrace decks.

Component-Wise Additional Charges Breakdown


The extra costs on the Prestige Springwood cost sheet cover utility hookups, club access, and long-term repair funds.

  • Total Villa Cost = Basic Property Price
  • + Power & Water Grid Fees (BESCOM, BWSSB)
  • + Clubhouse Access Fee
  • + Maintenance Deposit & Sinking Fund
  • + Government Taxes (GST, Stamp Duty, Registration)
  • BESCOM Power & BWSSB Water Charges: Pays for clean water pipes, electricity wiring, meters, and full generator backup at ₹150 to ₹200 per sq. ft.
  • Clubhouse & Amenity Fees: A one-time charge of ₹7,50,000 to ₹10,00,000 gives your family lifetime access to the 50,000 sq. ft. clubhouse, pool, and sports courts.
  • Advance Maintenance & Sinking Fund: Advance maintenance money covers daily community care for 1 to 2 years, while a reserve fund of ₹50 to ₹75 per sq. ft. handles future building repairs.
  • Legal and Paperwork Fees: A standard fee of ₹35,000 to ₹50,000 takes care of drafting the sale agreement and legal checks.

Statutory Government Taxes and Mandatory Registration Levies


Government taxes are fixed by law and are added to your basic agreement price during construction and registration.

Tax Component Applicable Rate Details & Applicability
Goods and Services Tax (GST) 5.0% Standard luxury residential under-construction rate (without ITC)
Karnataka Stamp Duty 5.6% Includes base 5% duty + 10% cess and 2% urban surcharge
Property Registration Fee 1.0% – 2.0% Paid directly at the local Sub-Registrar Office upon title registration
  • Goods and Services Tax (GST): 5% tax charged on under-construction homes, coming to ₹50,00,000 for Royale units and ₹62,50,000 for Magnus units.
  • Karnataka Stamp Duty (5.6%): Paid at the Devanahalli Sub-Registrar Office during final registration, adding ₹56,00,000 on Royale layouts and ₹70,00,000 on Magnus layouts.
  • Registration Fee (1.0%): Government title transfer cost of ₹10,00,000 for Royale homes and ₹12,50,000 for Magnus homes.

Milestone-Linked Construction Payment Schedule


The Prestige Springwood payment schedule lets you pay step-by-step as building work finishes across nine clear stages:

  • Stage 1 (Booking): Pay 10% of total cost when you book your villa.
  • Stage 2 (Sale Agreement): Pay 20% when signing the formal agreement of sale.
  • Stage 3 (Foundation Work): Pay 10% when ground digging and foundation pillars are complete.
  • Stage 4 (Ground Floor Roof): Pay 10% after workers cast the ground floor ceiling slab.
  • Stage 5 (First Floor Roof): Pay 10% after workers cast the first-floor ceiling slab.
  • Stage 6 (Top Floor Roof): Pay 10% after workers complete the top terrace roof slab.
  • Stage 7 (Brickwork & Walls): Pay 10% when room walls and wall plastering are finished.
  • Stage 8 (Flooring & Wiring): Pay 10% when floor tiles, water pipes, and light cables are installed.
  • Stage 9 (Possession & Keys): Pay the last 10% when you get your Occupancy Certificate (OC) and home keys.

FAQs


1. What is the base square foot rate in the Prestige Springwood cost sheet?

The base rate is ₹25,000 per sq. ft., making the 4,000 sq. ft. Royale villa ₹10.00 Crores and the 5,000 sq. ft. Magnus villa ₹12.50 Crores.

2. How much is the initial booking deposit for these villas?

You need an initial deposit of ₹50 Lakhs for the 4,000 sq. ft. Royale villa and ₹65 Lakhs for the 5,000 sq. ft. Magnus villa.

3. How much GST do I have to pay for a villa?

You pay 5% GST on the basic price of the villa, which is collected in small parts as each building stage finishes.

4. How big is the project land and how many homes are there?

The project covers 9 acres of land in Yerthiganahalli and features 60 private G+2 row homes alongside a 50,000 sq. ft. clubhouse.

5. How does the payment plan work for Prestige Springwood?

You pay 10% at booking, 20% on agreement, 10% across six physical construction stages, and the final 10% when taking possession of your home.

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