Flexible Down-Payment Options for Your Prestige Evergreen

Why Down-Payment Flexibility Matters

Buying a home is a big financial step. At Prestige Evergreen in Varthur, Bangalore, you don’t need to pay everything upfront. The builder offers flexible payment plans and has tie-ups with leading banks. This means you can choose a schedule that matches your income, savings, and comfort level.

Builder Payment Plans at Prestige Evergreen

1. Standard Down-Payment Plan
   • 10% at booking
   • 80–85% within a few months (through savings or loan disbursal)
   • Balance 5–10% at possession
   • ✅ Good for buyers who want early-bird discounts and have strong savings.
2. Construction-Linked Plan (Proposed for Evergreen)
   • 10% at booking
   • 10% at excavation/foundation
   • 20–30% spread across structure stages
   • 20–30% at finishing stage
   • 10% at possession
   • ✅ Best for spreading payments over 4–5 years.
3. Bank-Assisted or Subvention Plan
   • Banks release funds as construction progresses.
   • Some subvention offers (if launched) let you pay EMIs only after possession.
   • ✅ Useful for avoiding double burden of rent + EMI.
4. Flexible Installment Plan
   • Tailor-made installments as per buyer’s request.
   • Works well for business owners or those with variable cash flow.

Bank Loan Options for Prestige Evergreen Buyers

• Prestige has tie-ups with leading national and private banks.
• Buyers can get up to 80–85% of property value financed.
• Pre-approved loans are linked to the construction schedule for smooth disbursal.
• Processing fee waivers or rate discounts may be announced at launch.
• 💡 Tip for First-Time Buyers: Always get a loan pre-approval letter before booking. It speeds up allocation and avoids payment delays.

Example: Payment Schedule for a 2 BHK (~₹1.9 Cr)

• Booking (10%) → ₹19 Lakhs
• Excavation/Foundation (10%) → ₹19 Lakhs
• Structure Completion (30%) → ₹57 Lakhs
• Finishing Stage (30%) → ₹57 Lakhs
• Possession (20%) → ₹38 Lakhs
• 👉 Instead of paying ₹1.9 Cr upfront, you spread it until possession in Dec 2029.

Advice for First-Time Buyers

1. Start with a Budget – Keep EMI + household expenses within 40–45% of your income.
2. Use the Right Plan –
   • Standard Plan if you have savings.
   • Construction-Linked if you want gradual payments.
   • Subvention if you need rent relief.
3. Check RERA Status – Prestige Evergreen RERA ID is awaited; possession is targeted for Dec 2029. Always track official updates.
4. Factor Extra Costs – GST, stamp duty, and registration are not part of the base price.
5. Keep Documents Ready – PAN, Aadhaar, income proofs, and bank statements.

Prestige Evergreen offers flexible down-payment options that suit both first-time buyers and seasoned investors. With builder-linked plans, strong bank tie-ups, and clear schedules, owning a home in Varthur is easier than ever. Choose the plan that fits your finances, get pre-approval, and secure your Evergreen home with confidence.