Prestige KIADB Payment Plan

Published On: 8 September 2026

The payment plan runs on a construction linked schedule, split across ten stages of 10% each. You pay 10% at booking, another 10% when you sign the Agreement of Sale, and the remaining 80% gets released as building work moves through excavation, plinth, slabs, flooring and final handover. This structure means your money leaves your account in step with real progress on site, not all at once before a single brick gets laid.

Prestige KIADB sits inside KIADB Phase 2 near Muddenahalli in Devanahalli, spread across 32.26 acres with close to 1,800 homes planned across nine towers. Prices start near ₹74 lakhs for a 1 BHK and go up to about ₹1.9 crore for a 3 BHK. The EOI window is open ahead of the formal launch on 16 October 2026, and possession is targeted for 31 December 2031. RERA registration for this phase is still under process, so treat every figure here as the current pre-launch position rather than a final, locked number.

How the Construction Linked Payment Plan Works

Each of the ten milestones ties to a specific stage of physical work on site, and every stage carries an equal 10% share of your total cost. That even split makes budgeting simpler than a plan with lopsided instalments loaded toward the end.

Milestone	Payment Share	Construction Stage
1	10%	Booking amount to reserve your unit
2	10%	Signing the Agreement of Sale
3	10%	Completion of site excavation
4	10%	Completion of the plinth level
5	10%	Completion of basement slabs
6	10%	Completion of the ground floor slab
7	10%	Completion of upper floor superstructure
8	10%	Completion of internal flooring
9	10%	Completion of internal plumbing
10	10%	Occupancy Certificate and final handover

Milestones one and two together account for a fifth of your total cost, and they fall due before actual construction visibly begins. Everything from milestone three onward tracks the tower coming up floor by floor, which gives you a fairly direct way to check whether your payment demand matches the work you can see at the site.

What You Pay at Each Stage, by Unit

The rupee value behind each 10% milestone naturally scales with the unit you choose. A larger 3 BHK carries a bigger instalment at every single stage compared to a 1 BHK, even though the percentage split stays identical across all unit types.

Configuration	Starting Price	Amount per 10% Milestone
1 BHK	₹74 lakhs	About ₹7.4 lakhs
2 BHK	₹1.1 crore	About ₹11 lakhs
3 BHK	₹1.9 crore	About ₹19 lakhs

These figures reflect the base price only, calculated on the indicative starting rate for each configuration. Your final cost sheet will also carry a few charges outside this ten stage plan, which the next section covers.

Charges the Payment Plan Does Not Cover

The construction linked schedule covers your base apartment cost. It does not automatically include the additional charges every buyer ends up paying before registration and possession.

GST, charged on the base price for an under construction property
Stamp duty and registration charges, payable at the sub registrar office
Parking charges for a covered or open car park slot
Clubhouse and amenity charges, usually a one-time fee
Maintenance deposit, collected ahead of handover for upkeep and security
Preferential location charges, if you pick a park-facing or corner unit

Ask your sales contact for a complete cost sheet that separates the base price from every one of these add-ons. A quote that only mentions the per square foot rate without listing these charges separately is an incomplete quote.

Home Loan Support Against This Payment Plan

Most nationalised and private banks lend against a construction linked plan once RERA registration comes through, typically covering up to 80% of the property value. Your eligibility still depends on your income, credit score and existing loan obligations, the same as any other home loan application.

Two common repayment approaches apply here. Under a pre-EMI arrangement, you pay interest only on the amount the bank has released so far, which keeps your monthly outgo lower during construction. Under a full EMI arrangement, your regular monthly instalment starts right away, even though the bank has released only a part of the sanctioned loan. Ask your bank to walk you through both options with real numbers before you decide, since the difference over five years can run into a meaningful sum.

What to Verify Before You Pay the First Instalment

A construction linked plan protects you reasonably well, but only if the paperwork behind it is airtight. Confirm these points with the sales team before you transfer any amount.

Check This	Why It Matters
Final RERA registration number	Confirms the project is legally cleared to collect payments
Official cost sheet with all add-ons listed	Prevents surprise charges after you have already paid several milestones
Milestone schedule matched to the Agreement of Sale	Ensures the payment demand aligns with what you signed
Cancellation and refund terms	Matters if you need to exit before possession
Bank pre-approval for your loan amount	Avoids a funding gap when a milestone payment falls due