Embassy One North Payment Plan


Embassy One North Payment Plan Milestones

The Embassy One North Payment Plan makes buying your dream luxury villa easy and stress-free. As a real estate expert, I know that paying for a premium home can feel overwhelming. That is why the Embassy Group offers a very simple, step-by-step payment schedule for this 200-acre township in Tharahunise, North Bangalore. Instead of paying everything at once, you start with a small booking token. After that, you pay the rest of the money in small parts. You pay only when specific construction milestones are completed. This flexible plan keeps your money safe and matches your payments to the real progress of your new home.

Here is a clear and simple breakdown of how you will pay for your luxury villa.

Step-by-Step Payment Schedule

The payment schedule is directly tied to the construction milestones of your Ground+2 (G+2) luxury villa. This means the builder must finish the work before you pay the next part.

  • Initial EOI Token: First, you pay a token amount of ₹20 Lakhs. This blocks your chosen villa and locks in the low pre-launch rate.
  • Booking Your Villa: You pay 10% of the total cost.
  • Signing the Agreement: You pay 20% of the total cost when you sign the official sale agreement.
  • Starting the Base Work: You pay 10% when the builder starts the foundation.
  • Ground Floor Roof: You pay 10% when the ground floor roof is cast.
  • First Floor Roof: You pay 10% when the first floor roof is cast.
  • Second Floor Roof: You pay 10% when the second floor roof is cast.
  • Brickwork and Plastering: You pay 10% when brickwork finishes, and another 10% when plastering finishes.
  • Tiling and Finishing: You pay 5% when the floor tiles are done.
  • Handover: You pay the final 5% when you get the keys to your new home.

Why This Plan is Great for Buyers

Buying a home starting at ₹10.5 Crore is a big financial choice. A construction-linked plan is the best way to handle this. It reduces your financial risk because you see physical progress before paying the next installment. It also gives you plenty of time to arrange home loans from banks. Top banks like SBI, HDFC, and ICICI have already approved this project, making the loan process very smooth for early investors.

FAQs

1. What is the Embassy One North Payment Plan?

It is a flexible, step-by-step plan. You pay the total cost in small parts as the builder finishes different stages of building your villa.

2. How much is the very first booking amount?

To block your favourite villa, you need to pay an Expression of Interest (EOI) token of ₹20 Lakhs.

3. Do I need to pay the full ₹10.5 Crore at once?

No. You will never pay the full price at once. You pay in installments over a few years as the house is built.

4. How much do I pay when signing the legal agreement?

You will need to pay 20% of the total villa cost when you sign the official Agreement of Sale.

5. Are government taxes included in this payment plan?

No. Government fees like 5% GST, stamp duty, and registration charges are separate. You will pay these later when the home is registered in your name.

6. Does the payment plan change for bigger villas?

The percentage steps stay the same. Whether you buy a 4 BHK, 4.5 BHK, or 5 BHK villa, you still pay 10% or 20% at the same building milestones.

7. Is this payment method safe?

Yes, it is very safe. You only pay the builder after they complete actual work on your home, like building the roof or finishing the floors.

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