Prestige Knowledge City Payment Plan

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The Prestige Knowledge City payment plan sets out how a buyer pays for a home over the build. It is a construction-linked plan, so the money follows the progress of the towers. An amount is paid at booking, further instalments fall at construction stages, and the final balance is paid at possession in December 2031. Pre-launch prices start at Rs 1.68 Crore for a 2 BHK. This page explains the payment stages and the charges that sit alongside, for the 11-acre project in Madhapur, Hyderabad.

How the Payment Plan Works


A construction-linked plan ties each payment to a stage of the build. You do not pay the full amount up front. Instead the cost is spread from booking through to handover. The table below sets out the broad stages.

Stage When it is paid
Booking At the pre-launch booking
Allotment and agreement On allotment and at agreement
Construction-linked In steps as the 3 towers rise to G+26
Possession Final balance at handover, December 2031

The exact percentage at each stage is set out in the cost sheet. Ask the sales team for the full stage-wise schedule before you book.

Why a Construction-Linked Plan Helps


A staged plan eases the cash flow for a buyer. The outflow matches the build rather than landing all at once. A few points stand out.

  • Spread cost. You pay in steps, not in a single lump sum at the start.
  • Progress-linked. Later payments fall due only as the towers rise.
  • Possession balance. The final amount is held back until handover in December 2031.
  • Home loan support. Banks usually fund up to about 80 per cent of the cost, drawn in line with the stages.

So the plan links what you pay to what has been built, which lowers the early burden.

The Prices Behind the Plan


The payment plan applies across the three configurations. The pre-launch prices below are the base figures the plan is built on.

  • 2 BHK, 1,400 to 1,700 sq. ft., from Rs 1.68 Crore to 2.04 Crore.
  • 3 BHK, 1,900 to 2,300 sq. ft., from Rs 2.76 Crore onwards.
  • 4 BHK, 2,600 to 3,200 sq. ft., from Rs 3.12 Crore to 3.84 Crore.

These are indicative pre-launch base prices. Floor-rise, GST, stamp duty and registration are extra, as set out in the cost sheet.

Charges Alongside the Plan


The payment plan covers the apartment cost. A few charges sit alongside it and are billed as they apply. GST applies on an under-construction home. Stamp duty and registration are payable as applicable in Telangana at the sale deed. A maintenance deposit and a corpus fund are collected around possession. Budget for these on top of the staged payments.

Project at a Glance


Prestige Knowledge City is an 11-acre project by Prestige Group in Knowledge City, Madhapur, Hyderabad. It has 3 high-rise towers, each G+26, with about 1,100 luxury apartments in 2, 3 and 4 BHK formats, from 1,400 to 3,200 sq. ft. Raidurg Metro Station is about 3 km away and HITEC City about 2 to 3 km. The pre-launch is set for October 2026, the launch for December 2026, and possession for December 2031. The RERA number is awaited. Buyers should verify the RERA status on the Telangana RERA portal before booking.

FAQs


1. What is the Prestige Knowledge City payment plan?

It is a construction-linked plan. An amount is paid at booking, further instalments fall at construction stages, and the final balance is paid at possession in December 2031. The exact percentages are in the cost sheet.

2. When is the final payment due?

The final balance is paid at the time of key handover, which is scheduled for December 2031. The earlier instalments fall at booking, allotment, agreement and the construction milestones.

3. Is the payment linked to construction?

Yes. Later payments fall due as the 3 towers rise to G+26, so the outflow matches the progress of the project. This spreads the cost over the build rather than landing all at once.

4. Are there extra charges alongside the payment plan?

Yes. GST applies on an under-construction home, and stamp duty and registration are payable at the sale deed. A maintenance deposit and a corpus fund are collected around possession, as set out in the cost sheet.

5. How much home loan can I get?

Banks usually fund up to about 80 per cent of the cost, subject to your income and credit profile. The loan is drawn in line with the construction stages. Confirm the exact amount and rate with your bank.

6. Is Prestige Knowledge City RERA registered?

Not yet. The project is at the pre-launch stage and the RERA number is awaited. Buyers should verify the current status on the Telangana RERA portal before booking.

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