Godrej Regent Park Payment Plan


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Overview of the Godrej Regent Park Payment Structure

The Godrej Regent Park payment plan follows a construction-linked structure. Drawdowns are spread across the 2026–2031 build cycle through to possession on 5 August 2031. The starting price opens at ₹1.44 Crores for a 2 BHK. It goes up to ₹2.16 Crores onwards for the 3 BHK 3T (Luxe). The project is a boutique luxury high-rise community by Godrej Properties. It sits at Kada Agrahara along Sarjapur Main Road in east Bangalore.

The plan keeps cash outflow aligned with on-site progress. Buyers pay a small reservation amount up front. They formalise the booking and agreement. They then settle the balance in milestone-linked instalments as each construction stage is reached. Both self-funded buyers and home-loan-linked buyers can use this plan with minimal friction.

Booking Stage

Godrej Regent Park launched on 15 July 2026. Karnataka RERA registration for Phase 1 was approved the same day under registration number PRM/KA/RERA/1251/308/PR/150726/008810, and the project is under construction. The pre-launch EOI window closed at the official launch on 15 July 2026.

Booking Details:

  • Allotment Milestone: 10% of the sale consideration is payable at allotment.
  • Base Rate: ₹12,000+ per sq. ft., putting the range at ₹1.44 Crores to ₹2.16 Crores across the 2 BHK and 3 BHK configurations.
  • Unit Selection: Tower, floor and unit selection across the 2 BHK and 3 BHK configurations is subject to current availability.
  • How to apply: Submit the enquiry form on the contact page, after which the sales team initiates the booking documentation.

Construction-Linked Payment Schedule

Once a unit is booked, the balance amount is collected through a milestone-based construction-linked schedule. Each milestone is tied to verifiable on-site progress. The project engineer certifies each stage. The typical structure runs as follows:

Milestone Stage % of Total Sale Consideration
1At Allotment10%
2At Agreement to Sale10%
3On Completion of Excavation10%
4On Completion of Foundation & Plinth10%
5On Completion of 1st Slab5%
6On Completion of 10th Slab10%
7On Completion of 20th Slab10%
8On Completion of Final Slab10%
9On Completion of Brickwork & Plastering10%
10On Completion of Flooring & Fittings10%
11At Handover (Possession)5%

Note: The schedule above is indicative. The final construction-linked schedule is as reproduced in the Agreement to Sale.

Indicative Cost Components

The base apartment cost is calculated as carpet area × ₹12,000+ per sq.ft. Beyond that, buyers should account for the following line items in the all-inclusive cost sheet:

  • Car parking charges: Charged per parking bay; covered, semi-covered and stack options.
  • Clubhouse membership fee: One-time charge covering access to the 18,400 sq.ft. clubhouse (G+3) and its 40+ amenities.
  • Maintenance deposit: Refundable corpus contribution towards the Apartment Owners' Association fund.
  • Goods and Services Tax (GST): Applied as per the prevailing rate for under-construction residential property.
  • Stamp duty and registration: Charged at the Karnataka state-prescribed rates at the time of sub-registrar registration.
  • Floor rise premium: Higher-floor units carry an incremental rate above the ₹12,000+ base — the slab-wise schedule is presented at booking.

Sample Cost Working — 2 BHK at ₹1.44 Crores

For a representative 2 BHK at ~1,200 sq.ft. SBA, the base sale consideration works out to approximately ₹1.44 Crores at the ₹12,000+ per sq.ft. base rate. The breakdown of the construction-linked drawdown looks roughly as follows. The figures are illustrative. Final amounts are confirmed at booking.

Stage % of Sale Consideration Indicative Amount (₹)
At Allotment10%~₹14,40,000
At Agreement10%~₹14,40,000
Construction-Linked Drawdowns75%~₹1,08,00,000
At Handover5%~₹7,20,000

Stamp duty, GST, registration, parking, clubhouse and maintenance corpus are additional to the above.

Home Loan Partners

With Karnataka RERA registration in place, leading nationalised and private-sector banks extend home-loan facilities for Godrej Regent Park. The panel is based on Godrej Properties's standard list. It includes:

  • HDFC Bank
  • ICICI Bank
  • State Bank of India (SBI)
  • Axis Bank
  • Kotak Mahindra Bank
  • Punjab National Bank (PNB)
  • Bank of Baroda
  • LIC Housing Finance

Typical loan-to-value (LTV) ratios for eligible salaried borrowers are 75–80% of the property value. Tenures run up to 25–30 years. The construction-linked structure means EMI on the home loan only starts ramping up as drawdowns occur. That is a useful cash-flow feature for early buyers.

Booking Steps

  1. Step 1 — Site visit: Schedule a complimentary site walkthrough at the Kada Agrahara Experience Centre (open 9 AM – 7 PM daily).
  2. Step 2 — Shortlist a unit: Pick the configuration (2 BHK or 3 BHK), tower (Tower-1 or Tower-2), floor and facing that best fits your preferences.
  3. Step 3 — Allotment: Complete the allotment paperwork and pay the 10% allotment milestone.
  4. Step 4 — Agreement to Sale: Sign the Agreement to Sale and pay the 10% agreement milestone.
  5. Step 5 — Construction-linked drawdowns: Pay each subsequent milestone as the corresponding construction stage is certified complete.
  6. Step 6 — Handover: Settle the final 5% at handover and take possession on 5 August 2031.

Frequently Asked Questions about the Payment Plan

1. What is payable at booking?

The allotment milestone is 10% of the sale consideration, followed by a further 10% at the Agreement to Sale. The pre-launch EOI window closed at the official launch on 15 July 2026; buyers holding an existing EOI should refer to their EOI letter for the terms that apply to them.

2. When does the bulk of the payment fall due?

The first 20% is paid up front. That is 10% at allotment and 10% at agreement. The remaining 75% is paid in construction-linked milestones spread across the build cycle. The final 5% is due at handover. Most of the outflow tracks visible on-site progress rather than the calendar.

3. Are home loans available for Godrej Regent Park?

Yes — with Karnataka RERA registration in place, all major nationalised and private banks extend home-loan facilities. Typical LTV is 75–80% for salaried borrowers; tenures of up to 25–30 years are standard.

4. Are GST, stamp duty and registration included in the apartment cost?

No — these are billed additionally on top of the apartment sale consideration. The full line-item cost sheet at booking shows GST (at the prevailing rate for under-construction residential property), Karnataka-state stamp duty, sub-registrar registration fees and incidental charges.

5. Will there be a floor-rise premium?

Yes — apartments on higher floors carry a slab-wise floor-rise premium over the ₹12,000+ per sq.ft. base. The exact incremental amount per slab is presented at the time of booking, in line with how upscale launches across east Bangalore typically structure their pricing.

6. Can buyers change their unit selection later?

Yes — until allotment, buyers can swap to a different tower, floor or facing subject to availability. Once allotment is processed, the assigned unit becomes the firm allocation.

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