Prestige Parklane Cost Sheet
The Prestige Parklane Cost Sheet shows you the full price breakdown for 1, 2, and 3 BHK homes in KIADB Phase 2, Devanahalli, North Bangalore. Created by Prestige Group, this price document clearly lists the base house cost, government taxes, floor choice fees, parking charges, and GST. This helps buyers plan their money easily without any hidden costs.
Prestige Parklane Overview & Key Highlights
Prestige Parklane is a big 32.26-acre property with 9 modern apartment towers and an office park. Located close to the Bangalore airport and top IT parks, it offers modern living with great amenities.
- Location: KIADB Phase 2, Aerospace & Defence Park, Devanahalli, Bangalore
- Project Size: 32.26 Acres (12 Acres for housing towers)
- Total Units: Around 1,800 homes
- Unit Types: 1 BHK, 2 BHK, and 3 BHK homes
- Base Rate: Around ₹13,600 per square foot
Prestige Parklane Indicative Pricing & Unit Sizes
| Configuration | Super Built-up Area (Sq. Ft.) | Indicative Starting Price |
|---|---|---|
| 1 BHK | 550+ sq. ft. | ₹70 Lakhs - ₹75 Lakhs* |
| 2 BHK | 800 - 1,000+ sq. ft. | ₹1.00 Cr - ₹1.30 Cr* |
| 3 BHK | 1,400 - 1,800 sq. ft. | ₹1.55 Cr - ₹2.20 Cr* |
*Note: These are starting prices only. Taxes, government registration fees, and extra project charges are added separately.
Understanding the Components of the Cost Sheet
Buying a home involves more than just the simple house price. Here is what your complete bill includes:
- Agreement Value / Base Price: The basic home cost calculated by multiplying the unit area by the square foot price (~₹13,600/sq. ft.).
- Floor Rise Charges: Extra cost per square foot as you go to higher floors.
- Preferred Location Charges (PLC): Extra fees for choice flats like corner units or homes facing gardens and roads.
- Car Parking Allocation: Fixed payment for your private covered car parking slot.
- Clubhouse & Infrastructure Fees: One-time cost to use the gym, swimming pool, water supply, and power connection.
- Statutory Taxes & Registration:
- GST: 5% government tax on under-construction homes.
- Stamp Duty: Around 5% paid to the government.
- Registration Fee: Around 1% paid to register the flat in your name.
- Advance Maintenance & Corpus Fund: Initial fund collected to keep the building clean and fix future damages.
Standard Construction-Linked Payment Plan (CLP)
The builder divides your total payment into small steps based on building progress, making it easier for you to pay:
- Booking / Token Amount: Pay 10% to block your chosen home.
- Execution of Sale Agreement: Pay 10% when signing the official agreement papers.
- Foundation & Excavation: Pay 10% to 15% when ground digging and foundation work ends.
- Slab Completion: Pay 5% as each roof layer (slab) gets built.
- Flooring, Plumbing & Finishing: Pay 10% to 15% during tile fitting, painting, and pipe setup.
- Handover & Possession: Pay the final 5% balance when you get key possession.