Prestige Avon Payment Plan

Featured Image of Prestige Avon Payment Plan


The full payment plan for Prestige Avon demands a 10% booking fee and connects all other costs to physical building stages. This milestone method spreads your payments over a long 48-month build cycle. It helps you plan your cash flow easily. You pay for your new flat in small steps as the towers rise. The final step takes place during the possession handover in December 2028.

Here is the exact building-linked payment plan for the homes:

  • 10% of the total cost is due right away as your initial booking amount.
  • 10% is payable within 30 days when you sign the sale agreement.
  • 10% is required when the heavy site excavation work is complete.
  • 10% must be paid once the concrete plinth level is ready.
  • 10% is due as the basement structure work goes up.
  • 10% is payable when the ground floor roof slab is cast.
  • 10% is required during the middle floor roof building steps.
  • 10% is due when the inside brick walls and flooring start.
  • 10% is payable when the outside plaster and water pipes are ready.
  • 10% is the final payment due when you get the door keys.

EOI Booking Requirements and Bank Details for Prestige Avon


Buyers can book their interest in Prestige Avon by paying a refundable token amount of ₹5 Lakhs online. This helps them get priority for choosing their preferred 3, 4, or 5 BHK apartment before the official launch.

Buyers who register early get the first chance to select their apartment. They can choose their preferred floor, apartment type, and location. Early booking also gives them more options to select corner apartments or homes with better views. For booking, buyers need to provide basic details like their PAN card and Aadhaar card on the official booking portal. They can also submit a cheque in favour of Prestige Group for early booking. Registering early helps buyers get the starting price advantage of ₹1.8 Crore. Since the project has only 230 apartments, available units may get booked quickly.

Understanding the 20:80 Construction-Linked Payment Structure


The main payment option for Prestige Avon uses a 20:80 plan where you pay 20% early and 80% over time. This standard plan splits the flat cost into easy milestones linked to the 16 floors. It protects your hard-earned money from any type of risk. You only pay when you see the actual growth on the ECC Road site. This gives you ample time to get your bank loan approved.

  • 10% Booking Token: You pay this small fee at the site office to block your flat.
  • 10% Agreement Value: You pay this part within 30 days of the booking date.
  • 80% Phased Milestones: You pay this big block in ten easy parts over four years.

Key Financial Benefits of Choosing This Schedule


The best benefit of the Prestige Avon payment plan is that it removes heavy financial stress from day one. You do not need a huge amount of cash to start the buying process. Your bank pays the builder only after checking the real site growth. This strict process ensures the builder uses your funds only for your specific tower block. It creates deep trust between the home buyer and the developer.

Home Loan Collaborations and Custom Bank Offers


Prestige Avon has pre-approved home loan links with large national banks like SBI and HDFC Bank. These great bank ties make the paper check process very fast and smooth for everyone. Buyers can get low home loan interest rates that fit their monthly salaries. The builder also offers special perks like zero processing fees for early bookings.

Alternative Prestige Properties Payment Options


The Prestige Group provides other payment tracks like the 25:75 system and down payment plans across its cities. These distinct plans match the unique cash needs of different families and business owners. You can select the best financial path that suits your monthly income stream. Choosing a good track protects your family budget over the long term.

  • Down Payment Plan: You pay 10% now and 90% within a month to get a large cash discount.
  • 25:75 Payment Plan: You pay 25% during the start, and the rest 75% is due only at possession.
  • 1% Monthly Plan: You pay 10% upfront and then pay just 1% every month as a steady fee.
  • 25x4 Milestone Plan: This plan divides your total property cost into four equal parts of 25%.

FAQs


1. How can I pay for my apartment at Prestige Avon?

You can pay for your apartment in small parts linked to building progress. You do not have to pay all the money at the start. The builder asks for cash only after a floor is built. This keeps your cash flow very smooth.

2. What is the booking amount required for a home?

The booking amount required to reserve a flat is 10% of the total price. You can also pay a small token of ₹5 Lakhs during the initial pre-launch step. The rest of the booking amount is due during the agreement.

3. Are bank home loans available for this project?

Yes, bank home loans are fully available from top banks like SBI and HDFC. The project is pre-approved, so the loan paperwork is quick and easy. You can pay the loan back in easy monthly steps.

4. When will I have to pay the next installment?

You will pay the next installment only when the builder completes a specific building stage. The builder will send you a letter before the due date. This letter will show the real progress at the site.

5. Is there a penalty for late payments?

Yes, a small late fee may apply if you delay your milestone payments past the due date.

Enquiry
Enquire Now