Prestige Falcon City Luxe Cost Sheet
The Prestige Falcon City Luxe Cost Sheet is an official financial document provided by the developer that outlines the complete price breakdown, including the base rate, statutory taxes, and mandatory infrastructure fees for securing a premium apartment in this 41-acre township on Kanakapura Road.
As the project advances through its highly anticipated pre-launch phase, having a clear grip on the numbers is essential. This cost sheet ensures complete transparency, protecting your investment from unexpected hidden costs down the line.
1. Complete Price Breakdown By Configuration
The Luxe phase introduces premium towers featuring modern, low-density layouts. While base rates start at an attractive pre-launch offer of ₹11,500 to ₹14,500 per sq. ft., your actual total investment depends on the configuration size and built-up area.
Below is an overview of how the estimated pricing is structured:
| Apartment Type | Super Built-Up Area (Sq. Ft.) | Starting Base Price (Approx.) | Indicative Booking Amount (EOI) |
|---|---|---|---|
| 2 BHK Optima | 1,204 – 1,379 | ₹1.40 Crore+ | ₹12 to ₹15 Lakhs |
| 3 BHK Elegance / Grandeur | 1,588 – 2,140 | ₹2.00 Crore+ | ₹15 to ₹25 Lakhs |
| 4 BHK Opulence | 2,450 – 2,726 | ₹3.00 Crore+ | ₹30 Lakhs |
2. Reading Between the Lines: Additional Cost Sheet Components
An expert investor knows that the final cost of a property involves more than just multiplying the square footage by the base rate. To avoid any surprises at the time of signing your agreement, make sure your cost sheet clearly separates the following fields:
- Preferential Location Charges (PLC): If your unit faces the scenic Doddakallasandra Lake or sits on a premium higher floor (with towers rising up to G+30 floors), a minor premium per square foot will be added to the base price.
- Infrastructure & Amenities Fees: This is a one-time charge that covers your dedicated basement car parking space allocation and lifelong membership to the grand, classic-themed clubhouse.
- Statutory and Government Taxes: These are mandatory expenses collected by the developer on behalf of the government. They include a 5% GST for under-construction homes, 5% Stamp Duty, and 1% Registration Fees.
- Advance Maintenance & Corpus Fund: A dedicated fund collected upfront to keep the landscaping, rooftop swimming pools, and 24/7 smart security infrastructure running flawlessly for the first year.
3. The Construction-Linked Payment Schedule
One of the biggest financial advantages of buying into an early stage of Prestige Falcon City Luxe is the flexible, RERA-compliant payment structure. Instead of paying a massive lump sum upfront, your outflows are tied safely to clear physical milestones on the ground.
| Milestone Stage | Billing Interval | Payment Details |
|---|---|---|
| 1. Booking & Allocation: | Initial Token | Secure your preferred tower, floor, and view by submitting your Expression of Interest (EOI) and booking amount (ranging from ₹12 to ₹30 Lakhs depending on layout). |
| 2. Agreement Execution: | Within 30 Days | Pay the remaining balance to complete 10% of the total property value to execute and register your formal Sale Agreement. |
| 3. Excavation & Foundation: | Milestone 1 | An additional 10% installment is requested once ground excavation and initial foundation piling work are completed. |
| 4. Slab Casting Steps: | Milestones 2 to 7 | Payments are divided into predictable 10% increments distributed evenly as the towers hit key structural stages (such as podium casting, lower floors, mid-levels, and top-floor slab completion). |
| 5. Finishing & Handover: | Final Possession | The final balance, alongside stamp duty and registration fees, is paid only when the developer receives the Occupancy Certificate (OC) and hands over the keys. |
The Investment Delta: Phase 1 resale units within this exact same township are currently trading between ₹19,000 and ₹23,000 per sq. ft. By locking in the Luxe phase at early pre-launch rates, you are gaining an immediate valuation advantage and predictable equity growth as construction progresses towards the target completion.
