Brigade Granada Payment Plan


Brigade Granada Payment Plan - Modern luxury residential apartment complex with 14 high-rise towers in Whitefield Bangalore

The Brigade Granada Payment Plan is a flexible, construction-linked schedule that lets you book a home in East Bangalore by paying 10% upfront and spreading the remaining cost over small installments as building work progresses up to 2031. Designed by Brigade Group, this construction-linked plan (CLP) helps you buy your dream flat without putting all your savings down at once. It also protects your money because you only pay when actual work gets completed on site.

What is Brigade Granada? An Easy Overview

Brigade Granada is a modern apartment project spread across a green 40+ acre campus on Seegahalli Road in East Bangalore. The project features 14 residential towers, each rising 48 floors high.

Over 80% of the land is kept open for trees, lawns, and walking paths. It also comes with lifestyle features like a rooftop swimming pool, a fully equipped clubhouse, sports courts, and quick access to major IT parks in Whitefield.

Flat Sizes and Base Prices

Here is a simple look at the apartment sizes and starting prices:

Flat TypeSize (Super Built-up Area)Starting Price
1 BHK730 sq. ft.Rs 1.07 Cr onwards
2 BHK1,275 sq. ft.Rs 1.79 Cr onwards
3 BHK1,540 to 2,240 sq. ft.Rs 2.19 Cr onwards
4 BHK2,760 sq. ft.Rs 3.99 Cr onwards

**Note: These are base prices. Government taxes like GST, stamp duty, registration fees, and floor charges are extra.

Breakdown of the Brigade Granada Payment Schedule

Under this plan, you do not pay everything at once. Instead, your payments match the building stages. When the builder finishes a specific stage on site, you pay the next installment.

Stage-Wise Payment Breakdown

Construction StagePayment PercentageWhen You Have to Pay
Booking Time10%Paid upfront as a booking token to lock your preferred flat.
Agreement Signing10% to 20%Paid within 30 days of booking when signing the sale agreement.
Foundation Work10%Due when ground digging and foundation work start on site.
Ground Floor Slab5%Paid after the basement and ground floor concrete roof are ready.
Upper Floor Slabs5% at each milestonePaid step-by-step as key higher floors (like 3rd, 8th, 15th) get cast.
Brickwork & Plastering5%Due when internal walls and inside plastering work finish.
Tiles & Painting5%Paid after floor tiles are laid and outside wall painting is done.
Key Handover5%The final balance paid at possession when you collect your keys.

Extra Costs You Need to Budget For

Apart from the basic price of the flat, set aside some money for these standard extra charges:

  • GST (Goods & Services Tax): Under-construction flats carry a 5% GST charged by the government.
  • Stamp Duty and Registration: Government fees paid near possession to get the property legally transferred to your name.
  • Floor Rise & Facing Charges: Flats on higher floors or those facing parks and pools carry a small extra cost per square foot.
  • Clubhouse & Maintenance Deposit: A one-time fee for clubhouse access and advance maintenance of common areas.
  • Car Parking: Fixed charges for your assigned parking spot inside the complex.

Why This Payment Schedule Helps Buyers

  • Safety for Your Investment: Since payments depend on real progress, your money stays safe while the towers are being built.
  • Easy Bank Loan Approvals: Top banks like SBI, HDFC, and ICICI readily approve construction-linked plans, funding up to 80% to 90% of the flat cost.
  • More Time to Manage Money: You get several years (until late 2031) to arrange your finances instead of taking on immediate debt.
  • Locks in Today's Rates: Buying early locks in current prices before market rates go up during later construction stages.

Frequently Asked Questions

The booking token is usually around 10% of the basic cost of the flat, depending on whether you choose a 1 BHK, 2 BHK, 3 BHK, or 4 BHK unit.

No, you do not pay at once. Payments are broken down into small installments linked to construction stages over several years.

Yes, all major banks and housing finance companies offer home loans covering up to 80% to 90% of the property value for this schedule.

Starting base prices begin at Rs 1.07 Cr onwards for a 1 BHK, Rs 1.79 Cr for a 2 BHK, Rs 2.19 Cr for a 3 BHK, and Rs 3.99 Cr for a spacious 4 BHK.

You pay the remaining 5% balance when construction finishes and you receive your keys during final handover in late 2031.

No, government fees like GST (5%), stamp duty, registration, and floor rise charges are billed separately over the base price.

Yes, if you wish to clear payments earlier or make a larger down payment, you can speak directly with Brigade Group's sales team to adjust your plan.

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