The Prestige Place Hyderabad Payment Plan

Featured Image of The Prestige Place Hyderabad Payment Plan


The Prestige Place Hyderabad payment plan is a 10-stage construction-linked payment schedule that secures 2, 3, and 4 BHK premium homes starting at ₹1.40 Crore across a 10-acre site in Budvel, Rajendra Nagar. This payment plan lets you pay for your flat in small parts as real on-site building work moves forward, so you do not have to pay your money all at once.

Prestige Estates Projects Ltd. is building this large community with 1,050 flats across three high towers of 32 floors each. The township also features a big 500,000 sq. ft. office tech park and a 350-room hotel inside the same gated land. The project has already received its HMDA layout approval, and the TS RERA registration is currently in progress. The official launch date is set for December 2026, and full flat possession will happen on December 31, 2031. Homebuyers can book their chosen flat at a pre-launch base price of ₹11,650 per sq. ft. by submitting an Expression of Interest (EOI).

Official Construction-Linked Payment Milestones


The payment plan breaks your total home cost into 10 simple stages of 10% each, ensuring you pay only when on-site work is done.

Milestone Stage Payment Share (%) Physical Construction Stage on Site
Milestone 1 10% Initial booking deposit to confirm your flat
Milestone 2 10% Start of work and signing the Agreement of Sale (AOS)
Milestone 3 10% Full completion of ground digging work
Milestone 4 10% Completion of the base plinth level
Milestone 5 10% Casting and completion of basement roof slabs
Milestone 6 10% Completion of the ground floor concrete slab
Milestone 7 10% Completion of upper floor slabs across the 32 floors
Milestone 8 10% Laying room floor tiles across all rooms
Milestone 9 10% Completion of water pipes and bathroom fittings
Milestone 10 10% Getting the Occupancy Certificate (OC) and final keys

Unit-Wise Pre-Launch Price Details & Inventory


Apartment prices start at ₹1.40 Crore for a 1,200 sq. ft. 2 BHK flat and reach up to ₹3.50 Crore for a large 3,000 sq. ft. 4 BHK flat. The community offers 210 2 BHK flats, 525 3 BHK flats, and 315 flats of 4 BHK flats to give buyers plenty of choices.

Unit Type Built-up Area (Sq. Ft.) Unit Share in Project Indicative Base Starting Price
2 BHK Type A 1,200 sq. ft. 210 units (Total 2 BHK) ₹1.40 Crore
2 BHK Type B 1,450 sq. ft. Included above ₹1.65 Crore
3 BHK Type A 1,600 sq. ft. 525 units (Total 3 BHK) ₹1.75 Crore
3 BHK Type B 1,850 sq. ft. Included above ₹2.25 Crore
3 BHK Type C 2,100 sq. ft. Included above ₹2.75 Crore
4 BHK Type A 2,350 sq. ft. 315 units (Total 4 BHK) ₹2.85 Crore
4 BHK Type B 2,800 sq. ft. Included above ₹3.18 Crore
4 BHK Type C 3,000 sq. ft. Included above ₹3.50 Crore

Official Cost Sheet Breakdown & Statutory Fees


The official cost sheet lists the basic flat price along with 5% GST and 7.5% Telangana government stamp duty fees. It writes down all fixed and extra fees clearly so you know the full cost before you buy.

  • Base Apartment Cost: Found by multiplying your flat size by the base rate of ₹11,650 per sq. ft.
  • Location Charges (PLC): Small extra cost added only for park-facing flats, corner units, and top floors.
  • Car Parking Slots: Fixed cost to buy single or double parking spaces in the basement.
  • Clubhouse Charges: One-time entry fee that gives all owners full access to sports courts, gyms, and pools.
  • Government Taxes: 5% GST on new homes plus 7.5% stamp duty paid during final property registration.
  • Society Maintenance: Upfront advance deposit collected at handover to take care of building cleaning and security.

Expression of Interest (EOI) & Booking Steps


Booking your home early in the pre-launch phase needs an Expression of Interest (EOI) form and an initial 10% booking advance. This early step lets you lock in the ₹11,650 per sq. ft. rate before the public launch in December 2026.

  • Step 1: Choose the exact flat size you want from the 2, 3, or 4 BHK floor plans.
  • Step 2: Fill in and sign your EOI form with your 10% booking payment.
  • Step 3: Get your confirmed flat allotment and check your full cost sheet.
  • Step 4: Sign the official Agreement of Sale (AOS) and pay the second 10% within 30 days.

Home Loan Support & EMI Financing Options


Top national banks will provide home loans covering up to 80% of your flat value as soon as TS RERA approval is given. Bank loan approval depends on your monthly take-home pay, credit score, and past repayment track record.

  • Pre-EMI Option: You pay interest only on the money the bank releases to the builder at each building step.
  • Full EMI Option: You start paying your regular monthly loan installments right away from the first payment.
  • Loan Repayment Time: Banks offer easy loan tenures from 15 to 30 years with competitive interest rates.

Location Advantages & Investment Value in Budvel


The project connects directly to the Outer Ring Road (ORR) through Budvel Main Road, sitting just 12 km from Gachibowli and 15 km from the Financial District. This prime area in South Hyderabad gives daily travelers quick road links to HITEC City (18 km) and Rajiv Gandhi International Airport (20–25 km).

  • Work Near Home: The on-site 500,000 sq. ft. IT office park brings strong rental demand from local tech workers.
  • Metro Link: The upcoming Budvel Metro Station will make daily travel to the city center fast and traffic-free.
  • Green Living: The township sits near Himayat Sagar lake and Manasa Hills, keeping 80% of the land as open green space.

Project Approvals, RERA & Possession Schedule


The Prestige Place has secured full HMDA layout approval, and its official TS RERA registration number is currently being processed. The community covers 2.41 million sq. ft. of total saleable space under strict local building safety rules.

  • Builder Name: Prestige Estates Projects Ltd.
  • Total Land Size: 10 Acres (4.35 Lakh Sq. Ft.)
  • Official Project Launch: December 2026
  • Key Handover Date: December 31, 2031

FAQs


1. What is the starting price for flats in The Prestige Place Hyderabad?

A 2 BHK flat of 1,200 sq. ft. starts at ₹1.40 Crore, while the largest 4 BHK flat of 3,000 sq. ft. costs up to ₹3.50 Crore at the ₹11,650 per sq. ft. base rate.

2. How is the 10-stage payment plan structured?

You pay 10% on booking, 10% on signing the Agreement of Sale, and the remaining 80% in eight equal 10% parts as on-site building steps get finished up to final keys.

3. When are the launch and possession dates?

The project will launch in December 2026, and buyers will get their flat keys and possession by December 31, 2031.

4. What are the legal approval details for this project?

The project holds clear HMDA layout approval, and the official TS RERA registration is currently in progress.

5. Are government taxes included in the flat price?

No, the ₹11,650 per sq. ft. base price does not include 5% GST, 7.5% stamp duty fees, parking slot fees, or society upkeep deposits.

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