Prestige Springwood Payment Plan

The 20:20:60 plan splits your total villa cost into three clear parts, linking every bank transfer directly to finished civil work. You pay your first 20% within 90 days of booking, 20% in small parts as workers build the walls, and the last 60% when you move in.

• Booking & First 90 Days: 20%
• Main Building Phase: 20%
• Final Handover & Keys: 60%

Prestige Springwood offers two types of 4 BHK row villas with 4,000 to 5,000 sq ft of space. Prices start at ₹10 crore and go up to ₹12.50 crore. Every home comes with its own movie room, work area, parking spot, and private maid room.

• Royale Townhouse (4 BHK): 4,000 sq ft total area, priced at ₹10 Crores at the base rate of ₹25,000 per sq ft.
• Magnus Townhouse (4 BHK): 5,000 sq ft total area, priced at ₹12.5 Crores at the base rate of ₹25,000 per sq ft.

Prestige Group takes many safe bank payment options for all booking tokens and milestone parts, keeping transactions smooth for Indian and NRI buyers. Every payment must go straight into the official, RERA-approved escrow bank account for the project.

• RTGS and NEFT Transfers: Fast bank-to-bank online transfers straight from your Indian savings or current bank account.
• Bank Cheques and Demand Drafts: Paper cheques drawn to the official Prestige Springwood project escrow account name.
• NRE and NRO Account Transfers: Safe banking routes for NRI buyers that follow all standard RBI and FEMA rules.
• Bank Loan Payouts: Direct money transfers sent by your bank as each building stage finishes on-site.

The Expression of Interest (EOI) allows buyers to register early for their preferred home. The token amount is ₹50 lakh for a 4,000 sq. ft. home and ₹65 lakh for a 5,000 sq. ft. home. Early registration may also help buyers get the opening price of ₹25,000 per sq. ft. before any future price increase.

• First Choice of Plots: Early buyers get first pick on corner homes, park views, and wide road access.
• Price Lock Protection: Your token locks your rate at ₹25,000 per sq ft so you skip later price hikes.
• Added to First Payment: All token money goes directly toward your first 20% agreement milestone payment.

Prestige Springwood works with top public and private banks to give buyers fast loan options, covering up to 75% to 80% of the total property cost. Buyers can pick simple building-linked plans that match the 20:20:60 payment demands.

• Approved Bank Partners: Quick loan approvals from State Bank of India (SBI), HDFC Bank, ICICI Bank, and Axis Bank.
• Easy Pay Choices: Choose step-up payment plans or simple pre-EMI interest payments while workers build your home.
• Direct Bank Payouts: Your lender sends money directly to the builder after checking each building stage on-site.

Prestige Group gives clear money-back rules for all buyers, keeping the entire sales process simple and open before you sign your final deal. If you choose to cancel before signing your sale agreement, your token is refunded after a small office fee.

• Pre-Agreement Exit: Full token refund minus a small fee if you cancel before signing the 90-day deal.
• Post-Agreement Exit: Refunds follow standard RERA laws and agreement terms after the plot is sold again.
• Quick Refund Time: You get your money back by direct bank transfer within 45 to 60 working days.

Your total cost sheet includes basic state taxes, power setup fees, and clubhouse amenities on top of the base villa rate. Buyers should keep an extra 10% to 14% ready to cover these state and site maintenance fees.

• Stamp Duty and Registration: 5.6% stamp duty plus a 1% state fee paid to the local government office.
• Goods and Services Tax (GST): 5% GST added to your building-linked payment installments.
• BESCOM and BWSSB Charges: Fixed setup fees for your power grid lines and clean drinking water lines.
• Clubhouse and Sports Fees: One-time cost for access to the 50,000 sq ft clubhouse and shared sports areas.
• Advance Maintenance Fund: 12 to 24 months of shared site maintenance money paid before key handover.