Prestige Parklane Payment Plan
The Prestige Parklane payment plan starts at 10% of the sale value on booking, plus GST, followed by another 10% on agreement initiation. The remaining 80% is spread across 24 instalments of 3.2% each, billed every two months from 10th December 2026 to 10th October 2030.
Unit prices range from ₹56 lakh for a 1 BHK to ₹1.92 crore for a 3 BHK. GST applies additionally with every instalment.
Complete Payment Schedule Table
Below is the full instalment table, combined from the official price sheets across all towers.
| Stage | Due Date | % of Sale Value |
|---|---|---|
| On Booking / Earnest Money | On booking | 10% + GST |
| On Initiation of Agreement | Post booking | 10% + GST |
| Instalment 1 | 10-Dec-26 | 3.2% + GST |
| Instalment 2 | 10-Feb-27 | 3.2% + GST |
| Instalment 3 | 10-Apr-27 | 3.2% + GST |
| Instalment 4 | 10-Jun-27 | 3.2% + GST |
| Instalment 5 | 10-Aug-27 | 3.2% + GST |
| Instalment 6 | 10-Oct-27 | 3.2% + GST |
| Instalment 7 | 10-Dec-27 | 3.2% + GST |
| Instalment 8 | 10-Feb-28 | 3.2% + GST |
| Instalment 9 | 10-Apr-28 | 3.2% + GST |
| Instalment 10 | 10-Jun-28 | 3.2% + GST |
| Instalment 11 | 10-Aug-28 | 3.2% + GST |
| Instalment 12 | 10-Oct-28 | 3.2% + GST |
| Instalment 13 | 10-Dec-28 | 3.2% + GST |
| Instalment 14 | 10-Feb-29 | 3.2% + GST |
| Instalment 15 | 10-Apr-29 | 3.2% + GST |
| Instalment 16 | 10-Jun-29 | 3.2% + GST |
| Instalment 17 | 10-Aug-29 | 3.2% + GST |
| Instalment 18 | 10-Oct-29 | 3.2% + GST |
| Instalment 19 | 10-Dec-29 | 3.2% + GST |
| Instalment 20 | 10-Feb-30 | 3.2% + GST |
| Instalment 21 | 10-Apr-30 | 3.2% + GST |
| Instalment 22 | 10-Jun-30 | 3.2% + GST |
| Instalment 23 | 10-Aug-30 | 3.2% + GST |
| Instalment 24 | 10-Oct-30 | 3.2% + GST |
| On Intimation of Possession | 31-Dec-30 | 3.2% + GST |
| On Intimation of Possession – Other Charges | 31-Dec-30 | 100% + GST |
This structure adds up to 100% of the sale value, paid in fixed two-month intervals from December 2026 through October 2030, followed by the closing payment at possession.
About Prestige Parklane
Prestige Parklane is a residential project developed by Prestige Group located in KIADB Phase 2, Devanahalli on 32.26 acres land area with 9 towers. Its RERA registration number is PR/150926/008941 and the validity of its latest price list will be until 27th September 2026.
Unit Price Range Across Prestige Parklane
Prices vary by tower, floor, and configuration. Based on the current price list, unit costs run as follows.
| Configuration | Size Range (Sq.ft.) | Price Range |
|---|---|---|
| 1 BHK Classic | 567 – 571 | ₹56 lakh – ₹86 lakh |
| 2 BHK Ultima / Optima | 828 – 1,103 | ₹82 lakh – ₹1.14 crore |
| 3 BHK Premia / Aspire / Ultima | 1,445 – 1,801 | ₹1.25 crore – ₹1.92 crore |
The overall project price spans ₹56 lakh for the most affordable 1 BHK to ₹1.92 crore for a top-floor 3 BHK Ultima unit. These figures reflect the total price including carpark, before other charges and GST.
GST and Other Charges
Buyers should account for these additional costs on top of the base sale value.
- GST on the sale value, BESCOM and BWSSB charges, and generator charges is 5%.
- GST on Advance CAM and Assessment charges is 18%.
- GST applies with every instalment and is subject to change.
- BESCOM and BWSSB charges are billed at ₹150 per sq ft.
- Assessment charges are a flat ₹25,000 per apartment.
- Generator charges are billed at ₹85 per sq ft.
- Advance CAM for 24 months is billed at ₹120 per sq ft.
- Maintenance corpus is billed at ₹60 per sq ft.
- Other charges vary by tower and unit, ranging from roughly ₹2.6 lakh to ₹7.7 lakh depending on size.
A Few Practical Notes for Buyers
Cheques should be submitted within 30 days from booking. The carparks have already been allocated according to the architects' designs and do not necessarily come from the same tower. The present rates will remain applicable until 27th September 2026 after which changes can be made.
FAQs
Buyers pay 10% of the sale value on booking, plus GST, followed by another 10% on agreement initiation.
The plan closes on 31st December 2030, when possession is intimated and the final charges are due.
There are 24 installments of 3.2%, along with the booking, agreement, and possession payments.
The price range is between ₹56 lakh for a 1 BHK unit and ₹1.92 crore for a 3 BHK unit, according to the current price list.
No, GST will be payable separately on each installment at 5% of the sale value.
