Prestige HITEC City Payment Plan

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The Prestige HITEC City payment plan sets out how a buyer pays over the build. It is a construction-linked plan, so the money follows the progress of the towers. A buyer pays 10% at booking, then staged instalments as each floor is built, and the balance at possession. Prices start at Rs 1.95 Crore. This page explains the payment stages and the charges that sit alongside, for the 11-acre project in HITEC City, West Hyderabad.

How the Payment Plan Works


A construction-linked plan ties each payment to a stage of the build. You do not pay the full amount up front. The cost is spread from booking to possession. At Prestige HITEC City, the first payment is 10% at booking. Further tranches fall as each floor stage is built. The table below sets out the broad stages.

Stage When it is paid
Booking 10% at the time of booking
Ground floor slab A tranche as the ground floor is built
Floor-wise milestones Staged instalments as each floor rises
Possession Final balance at handover

The exact percentage at each stage is set out in the cost sheet. The plan follows the standard RERA-regulated construction-linked rules. Ask the sales team for the full breakup before you book.

Why a Construction-Linked Plan Helps


A staged plan eases the cash flow for a buyer. The outflow matches the build rather than landing all at once. A few points stand out.

  • Low upfront. You pay just 10% to book, not a large lump sum.
  • Spread cost. The balance falls in steps, not in one go.
  • Progress-linked. Later payments fall due only as the towers rise.
  • Home loan support. Banks usually fund up to about 80% of the cost, drawn in line with the stages.

So the plan links what you pay to what has been built, which lowers the early burden.

The Prices Behind the Plan


The payment plan applies across the configurations. The prices below are the base figures the plan is built on.

  • 2 BHK, 1,200 to 1,400 sq ft, from about Rs 1.95 Crore.
  • 3 BHK, 1,600 to 2,000 sq ft, from about Rs 2.59 Crore.
  • 4 BHK, 2,400 to 2,800 sq ft, from about Rs 3.89 Crore, up to about Rs 4.54 Crore.

These are indicative pre-launch prices from the current project data. Floor-rise, GST, stamp duty and registration are extra, as set out in the cost sheet.

Charges Alongside the Plan


The payment plan covers the apartment cost. A few charges sit alongside it and are billed as they apply. GST applies on an under-construction home. Stamp duty and registration are payable in Telangana at the sale deed. A floor-rise charge applies on units above the 5th floor. Maintenance and a corpus fund are collected around possession. Budget for these on top of the staged payments.

Project at a Glance


Prestige HITEC City is an 11-acre project by Prestige Group in HITEC City, West Hyderabad. It has 2 high-rise towers with about 500 apartments in 2, 3 and 4 BHK formats, from 840 to 1,960 sq ft carpet. The project keeps about 80% open space, with a mall and IT offices planned. Madhapur is about 2.9 km away and Gachibowli about 6 km. The project is at pre-launch, with the launch and the RERA number expected in Q1 2027. Confirm the RERA status on the Telangana RERA portal before booking.

FAQs


1. What is the Prestige HITEC City payment plan?

It is a construction-linked plan. You pay 10% at booking, then staged instalments as each floor is built, and the balance at possession. The exact percentages are in the cost sheet.

2. How much do I pay to book?

The booking amount is 10% of the total cost. Further tranches fall as the ground floor and later floors are built. The final balance is paid at possession.

3. Is the payment linked to construction?

Yes. Later payments fall due as the towers rise. So the outflow matches the project's progress, rather than landing all at once.

4. Are there extra charges alongside the plan?

Yes. GST applies on an under-construction home, with stamp duty and registration in Telangana. A floor-rise charge applies above the 5th floor, with maintenance and a corpus fund near possession.

5. How much home loan can I get?

Banks usually fund up to about 80% of the cost, subject to your income and credit profile. The loan is drawn in line with the construction stages. Confirm the amount and rate with your bank.

6. Is Prestige HITEC City RERA registered?

Not yet. The project is at pre-launch, with the RERA number expected in Q1 2027. Verify the current status on the Telangana RERA portal before you book.

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