Prestige Parklane Cost Sheet and Charges
The Prestige Parklane cost sheet adds three main amounts to the price quoted for a flat: apartment GST, possession charges, and stamp duty with registration. The quoted flat price already includes one car park and the floor rise for its floor band. Possession charges are ₹415 per sq ft of saleable area plus ₹25,000 per flat, with tax on the applicable items.
For a clear example, take a 567 sq ft 1 BHK quoted at ₹56 lakh. Apartment GST is ₹2.8 lakh. The listed possession charges come to about ₹2.84 lakh with their applicable taxes. That brings the amount to ₹61.64 lakh before stamp duty and registration. A buyer can replace ₹56 lakh with the price of the flat they are offered and use the same steps below.
What Is Included in a Prestige Parklane Flat Price?
A Prestige Parklane flat quote includes the apartment, one pre-allotted car park, and the price for its floor band. Floor rise is built into that quote. This means two flats with the same plan can have different prices on different floors, but floor rise should not be added to the quoted price a second time.
The quote does not cover apartment GST, the listed possession charges, or the government charges paid at registration. Before comparing two flats, check that both quotes show the same items. A low headline price is of little use if one sheet leaves out costs shown on the other.
Prestige Parklane Other Charges Per Sq Ft
The Prestige Parklane cost sheet uses saleable area to calculate most possession charges. The five area-based amounts total ₹415 per sq ft. The assessment charge is a fixed ₹25,000 for each flat.
| Charge | Amount |
|---|---|
| BESCOM and BWSSB | ₹150 per sq ft |
| Generator | ₹85 per sq ft |
| Advance maintenance for 24 months | ₹120 per sq ft |
| Maintenance corpus | ₹60 per sq ft |
| Area-based charges | ₹415 per sq ft |
| Assessment charge | ₹25,000 per flat |
The detailed price information lists 5% GST on the utility and generator amounts, and 18% GST on advance maintenance and the assessment charge. The maintenance corpus is shown as its own line. These items are collected at intimation of possession, so they need a place in the buyer’s budget even though they are paid later.
Possession Charges for Each Apartment Size
The fixed part of a Prestige Parklane 1 BHK, 2 BHK or 3 BHK cost sheet depends on the saleable size of the chosen plan. Use this table to check the charge shown against a unit. The amounts below are before tax on the applicable charge lines.
| Example Plan Size | Calculation | Possession Charges Before Applicable Tax |
|---|---|---|
| 1 BHK Classic, 567 sq ft | 567 × ₹415 + ₹25,000 | ₹2,60,305 |
| 2 BHK Optima, 828 sq ft | 828 × ₹415 + ₹25,000 | ₹3,68,620 |
| 2 BHK Ultima, 1,087 sq ft | 1,087 × ₹415 + ₹25,000 | ₹4,76,105 |
| 3 BHK Aspire, 1,445 sq ft | 1,445 × ₹415 + ₹25,000 | ₹6,24,675 |
| 3 BHK Premia, 1,597 sq ft | 1,597 × ₹415 + ₹25,000 | ₹6,87,755 |
| 3 BHK Ultima, 1,757 sq ft | 1,757 × ₹415 + ₹25,000 | ₹7,54,155 |
These are charges for the example sizes, not for every flat in each range. An 880 sq ft Optima, for instance, will have a different amount from an 828 sq ft Optima. Match the calculation to the saleable area on the actual flat plan.
How to Calculate the Total Cost of a Prestige Parklane Flat
Start with the price of the exact flat, including its parking and floor band. Add 5% apartment GST. Next, calculate ₹415 per sq ft plus ₹25,000, then add the applicable tax to those charge lines. Finally, add the stamp duty and registration amount assessed for the sale deed.
Here is the calculation for the 567 sq ft flat quoted at ₹56 lakh:
| Cost | Amount |
|---|---|
| Quoted flat price | ₹56,00,000 |
| Apartment GST at 5% | ₹2,80,000 |
| Utilities and generator, with listed GST | ₹1,39,907 |
| Advance maintenance, with listed GST | ₹80,287 |
| Maintenance corpus | ₹34,020 |
| Assessment charge, with listed GST | ₹29,500 |
| Total before stamp duty and registration | ₹61,63,714 |
Stamp duty and registration are calculated on the value accepted for the deed. As a planning example, if those government charges came to 7.6% of a ₹56 lakh value, they would add ₹4,25,600. The illustrated total would then be about ₹65.89 lakh. Get the actual registration calculation for your flat before treating that as the amount payable.
The ₹56 lakh quote is a calculation example from the published launch pricing. It is not a current October unit offer. The charge formula remains useful when you put a new quoted flat price into it.
Why a Higher Floor Costs More Than the Price Difference
Floor rise is included in the Prestige Parklane price for each floor band. But if you choose a flat that costs ₹10 lakh more than another flat of the same size, your extra outlay is not limited to ₹10 lakh. Apartment GST at 5% adds ₹50,000. If registration charges work out to about 7.6% of that extra price, they add roughly ₹76,000 more.
That makes the difference about ₹11.26 lakh in this example. The ₹415 per sq ft possession charge stays the same when both flats have the same saleable area. This is a useful way to compare floors: check the change in the full purchase cost, not just the change in the apartment quote.
When Does a Buyer Pay These Charges?
The published Prestige Parklane payment schedule splits the apartment price into 10% at booking, 10% at agreement, 24 instalments of 3.2%, and a final 3.2% at intimation of possession. Apartment GST is added to the instalments. The listed possession charges fall due together at intimation of possession, while stamp duty and registration are paid when the property is registered.
That timing matters. A buyer may be able to meet the booking amount but still needs to plan for the larger payment near possession. Ask for a payment schedule attached to the same flat number and dated quote as the cost sheet, so the amounts agree.
What to Check on Your Unit-Wise Cost Sheet
A useful Prestige Parklane cost sheet identifies the tower, flat number, floor, plan code, saleable area and quoted price. It should also state the car park allotted to that flat and show GST, each possession charge and the payment dates.
If the sheet shows parking or floor rise as an extra line, ask how that relates to the quoted price before paying. Keep a copy of the dated sheet and compare its total with the amount in the booking and agreement documents.
Prestige Parklane Cost Sheet FAQs
No. ₹415 per sq ft plus ₹25,000 is the charge amount before applicable tax on its components. The final amount depends on the flat’s saleable area.
One pre-allotted car park is included in the quoted apartment price on the published pricing. Check the bay assigned to your flat on the unit-wise sheet.
For the 567 sq ft, ₹56 lakh example above, the total is ₹61.64 lakh before stamp duty and registration. A planning illustration with registration charges calculated at 7.6% of ₹56 lakh comes to about ₹65.89 lakh. A current total needs a current quote and the actual government calculation.
The published schedule places the listed Other Charges at intimation of possession, not with the first booking payment. Apartment GST is added to the price instalments.
Ask for a dated quote for a specific flat. Its size sets the area-based charges; its tower and floor set the apartment price. Use those two figures to calculate GST and charges, then obtain the registration amount for that purchase.
