Featured Image of Sattva Bannerghatta Road Payment Plan

The Sattva Bannerghatta Road payment plan sets out how a buyer pays for a home over the build. It is a construction-linked plan, so the money follows the progress of the towers. A 10 per cent booking amount reserves the unit, 80 per cent is tied to construction milestones, and the balance is paid at possession in December 2031. Pre-launch prices start at Rs 84.5 Lakh for a 1 BHK. This page explains the payment stages and the charges that sit alongside, for the 10-acre project on Bannerghatta Road, South Bengaluru.

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 outflow is spread from booking through to handover. The table below sets out the broad stages.

StageShareWhen it is paid
Booking10%To reserve the chosen unit
Construction-linked80%In steps as the 6 towers rise
PossessionBalanceAt handover, December 2031

The exact milestone split within the construction-linked stage is set out in the cost sheet. Ask the sales team for the full stage-wise schedule 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 entry. A 10 per cent booking amount reserves the unit, not the full price.
  • Progress-linked. The 80 per cent block falls due only as the towers rise.
  • Possession balance. The final amount is held back until handover in December 2031.
  • Home loan support. Banks usually fund up to about 80 per cent 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 four configurations. The pre-launch prices below are the base figures the plan is built on, at a base rate of Rs 13,000 per sq. ft.

  • 1 BHK, 650 to 800 sq. ft., from Rs 84.5 Lakh.
  • 2 BHK, from about 1,050 sq. ft., from Rs 1.37 Crore.
  • 3 BHK, from about 1,600 sq. ft., up to Rs 2.47 Crore.
  • 4 BHK, 2,200 to 2,600 sq. ft., from Rs 2.86 Crore to 3.38 Crore.

These are indicative pre-launch base prices. 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. Floor-rise charges apply on the higher floors, which can be notable across the G+28 to G+32 towers. GST applies on an under-construction home. Stamp duty and registration are payable as applicable in Karnataka at the sale deed. Car parking, maintenance and a corpus fund are collected as set out in the cost sheet. Budget for these on top of the staged payments.

Project at a Glance

Sattva Bannerghatta Road is a 10-acre project by Sattva Group on Bannerghatta Road, South Bengaluru. It has 6 high-rise towers of ground plus 28 to 32 floors, with about 1,150 apartments in 1, 2, 3 & 4 BHK formats, from 650 to 2,600 sq. ft. The Jayadeva Hospital metro interchange links the Namma Metro Pink and Yellow Lines nearby, and Electronic City is about 10.1 km away. The launch is planned for December 2026 and possession for December 2031. The RERA application is pending. Buyers should verify the RERA status on the Karnataka RERA portal before booking.

FAQs

It is a construction-linked plan. A 10 per cent booking amount reserves the unit, 80 per cent is tied to construction milestones, and the balance is paid at possession in December 2031. The exact milestone split is in the cost sheet.

The final balance is paid at the time of key handover, which is scheduled for December 2031. The earlier payments are the 10 per cent booking amount and the 80 per cent construction-linked block.

Yes. The 80 per cent block falls due as the 6 towers rise, so the outflow matches the progress of the project. This spreads the cost over the build rather than landing all at once.

Yes. Floor-rise charges apply on higher floors, and GST, stamp duty and registration are payable as applicable. Car parking, maintenance and a corpus fund are collected as set out in the cost sheet.

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

Not yet. The RERA application is pending. Buyers should verify the current registration status on the Karnataka RERA portal before booking.

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