Prestige Park Lane Cost Sheet / Charges
The Prestige Park Lane cost sheet lists the base price and extra charges and covers the base rate, GST, stamp duty, and registration. Prices start at Rs 74 lakh for a 1 BHK, on a pre-launch basis. All figures below are indicative until the price list goes live.
The cost sheet gives buyers early clarity on the price structure. It shows the base rate, saleable area, and taxes for each unit type. Buyers get a clear starting point to plan their budget.
What Is a Cost Sheet?
A cost sheet is a very structured form that clearly indicates all costs of the purchase of flats. It reflects the total price including all taxes, charges and other costs. Thus, both buyer and seller have an idea about the deal. The cost sheet gives buyers an insight into what they will be paying.
The cost sheet for Prestige Park Lane currently includes:
- Base price, at about Rs 13,600 per sq ft
- GST at 5%, for under-construction units
- Karnataka stamp duty, at about 5%
- Registration charges, at about 1%
- Floor rise, car parking, clubhouse, and maintenance deposit (not yet released)
Components of the Cost Sheet
- Base price – This covers the core value of the flat, tied to its saleable area. It works out to roughly Rs 13,600 per sq ft here.
- GST – A government tax on under-construction homes, charged at 5%. This applies until the project gets its occupancy certificate.
- Stamp duty – A state charge paid at registration, set near 5% in Karnataka. It uses the higher of the agreement value or the guidance value.
- Registration charges – A separate 1% fee, paid to register the sale deed. This confirms legal ownership once paid in full.
- Other charges – Floor rise, car parking, clubhouse, infrastructure, and the maintenance deposit remain unannounced. These appear once Prestige Park Lane releases its full price list.
Indicative Pricing by Configuration
| Configuration | Saleable Area | Pre-Launch Price |
|---|---|---|
| 1 BHK | 550+ sq. ft. | ₹74 lakh onwards |
| 2 BHK | 800 – 1,000+ sq. ft. | ₹1.1 Cr onwards |
| 3 BHK | 1,400 – 1,800 sq. ft. | ₹1.9 Cr onwards |
Only saleable area figures exist at this stage. RERA carpet area will follow with the project's sanctioned plan.
Why a Cost Sheet Matters
A cost sheet shows the full financial picture of a home purchase. It helps buyers plan their budget around the exact amount owed. A clear price list also builds trust between buyer and developer.
Key benefits of this cost sheet include:
- Price Transparency – All known prices are listed in one location.
- Fewer Surprises – The listed prices reduce the chance of encountering hidden fees.
- Budgeting – Purchasers are able to plan their budget well in advance.
- Easy Comparison – A clear sheet makes it simple to compare units.
- Builds Buyer Confidence – Clear pricing supports a smoother purchase.
FAQs
Prices start from Rs 74 lakh for a 1 BHK, on a pre-launch and indicative basis.
No, these charges are not yet released and will follow at the official launch.
The base rate stands at about Rs 13,600 per sq ft, on a pre-launch basis.
Yes, GST applies at 5% on the base price, since the project is under construction.