Explore Flexible Down Payment Options For Your Dream Home At Prestige Raintree Park

The Prestige Raintree Park Down payment plan is structured to offer homebuyers a convenient & balanced plan, guaranteeing monetary flexibility throughout the building period.

Prestige Raintree Park, a grand township project, is located on Varthur Road, Whitefield, Bangalore. The master plan of the project is set on 125 acres, offering 3, 3.5, 4, & 4.5 BHK apartments. The project is currently under construction and is expected to be available for possession by 2027. The project has received good reviews for its location, price, floor plans, design, etc.

Here's a detailed breakdown of the down payment plan:

Booking

• When booking an apartment or villa, buyers need to pay 10% of the total property value upfront. This initial payment reserves the selected unit and starts your investment in this prestigious project.

Construction Commencement

• After the construction officially starts, buyers must pay another 10% of the total property value. This payment helps fund the early stages of building and shows your continued commitment to the project's progress.

Excavation Stage

• During the excavation phase, buyers are required to pay an additional 10% of the total property value. This stage focuses on essential groundwork and foundation preparation, ensuring the building's stability and long-term durability.

Plinth Stage

• Once the plinth work is completed, buyers need to pay 10% of the total property value. This phase is important in construction, as the plinth forms a solid foundation for the building, allowing the project to move forward smoothly.

Basement Construction:

• At the completion of the basement construction, another 10% of the total property value is due. This payment helps cover the expenses of building a secure and functional basement, enhancing the property's value and usability.

Ground Floor Construction:

• When construction reaches the ground floor, buyers are required to pay an additional 10% of the total property value. This payment helps fund the development of the main living spaces and communal areas of your future home.

First Floor Construction:

• During the construction of the first floor, another 10% of the total property value becomes payable. This phase is pivotal in shaping the structure’s vertical layout, adding key living areas, and enhancing the overall architectural flow of the building.

Flooring Work

• As the flooring work progresses, an additional 10% of the total property value is due. This phase focuses on installing quality flooring materials, which improve both the aesthetic appeal and functionality of your home.

Plumbing Work

• During the plumbing work phase, another 10% of the total property value is payable. This payment supports the installation of vital water and sanitation systems, ensuring future residents enjoy comfort and convenience.

Possession

• The final 10% of the total property value is due upon possession of the unit. This last payment fulfills your financial obligations and officially gives you full ownership and access to your new home.

Bank Details for payment

• Account Name: PRESTIGE ESTATES PROJECTS LTD-RERA Designated Account for Prestige Raintree Park
• Account No. (100% Account): 000205037990
• Account No. (70% Account): 000205037991
• Account No. (30% Account): 000205026772
• Bank Name: ICICI Bank
• IFSC Code: ICIC0000002
• Branch: M G Road, Bangalore560001