Payment Plan

Godrej Castillo Payment Plan is varied to suit all buyers. The payment is paid in stages allowing buyers to plan their finances. This makes financial planning simple. It also keeps the process transparent. The flexible plans are made to allow buyers a home. A tangible asset they can live in and use. Owning a home will provide buyers a stability, safety, and peace of mind.

The project is located on Bennarghatta Road, South Bangalore. The project is being developed by Godrej Properties. The project covers 36.12 acres. The township features 18 high-rise towers of 32 floors each. The apartment size ranges from 1100 sq. ft. to 2500 sq. ft. The price begins at ₹1.32 Cr for a 2 BHK. The 3 BHK is priced at ₹1.80 Cr. While it is ₹2.88 Cr for a 4 BHK. The project is under RERA approval.

Godrej Castillo – Payment Plan (10:10:60)

Godrej Castillo Bangalore offers a simple and buyer-friendly payment plan. The payments are linked to construction progress. This reduces financial pressure on buyers.

Payment Structure

• Booking Amount: Pay 10% of the total cost at the time of booking.
• During Construction: Pay another 10% as per construction milestones.
• On Possession: Pay the remaining 60% at the time of possession.

This payment plan allows buyers to pay a smaller amount at the beginning. The major payment is made only when the home is ready.

Additional Charges Occurred

Floor rise charges or preferred location charges may apply for higher floors or premium units. These details are clearly mentioned in the official Payment Plan.

Booking Your Home

The first step to owning a unit at Godrej Castillo Bannerghatta Road is making a booking payment. This small amount reserves your apartment and shows your interest in the property. It also ensures your unit is kept safe while paperwork and formalities are completed, giving you peace of mind that your home is secure.

Agreement Stage Payment

Once the booking is done, the next step is paying a portion of the cost when signing the sale agreement. This makes the purchase official and registers the apartment in your name. It also allows construction to continue on schedule, keeping the process smooth, clear, and hassle-free for both buyers and the developer.

Payments During Construction

The remaining amount is paid in parts once construction begins. The payments are made in stages, such as during foundation, floor, and finishing work. This system lets buyers pay in small amounts while keeping transparency. By linking the payments to actual construction progress, trust is built between the builder and buyers.

Payment during Possession time

The final payment is made at the time of possession. This includes the remaining balance along with registration charges and applicable taxes. Once this is done, the home is handed over to the buyer.

The builder hands over the warranty and other important documents, such as completion and occupancy certifications. The buyer becomes the owner of the newly built home. Buyers should conduct one last inspection to ensure the property matches the agreement, checking for agreed upon fixtures, fittings, and any agreed-upon repairs.

Home Loan Support

Buyers can also choose home loans from leading banks such as HDFC, SBI, Axis, and many more. The EMI payments are linked to construction stages. This makes buying a home easy and stress-free.

Why is a Payment Plan Important

Making Homeownership Accessible

Townships feel exclusive to some due to the high cost. By breaking the total cost into smaller, manageable installments middle income families can now invest in a home. This transforms the township from a gated space into a more inclusive neighborhood.

Speeding Up Sales

Flexible payment options attract a wider range of buyers. It attracts more than just one time payment buyers. Due to this, sales move faster.

Strengthening Buyer Commitment

Large sum payments can overwhelm buyers and lead to cancellations. Structured payment plans reduce financial stress and uncertainty, keeping buyers engaged and supporting a stable sales pipeline.

Supporting Ongoing Infrastructure Development

The project requires constant investment during construction. So, regular payments help provide cash in a systematic manner. This ensures construction stays on schedule and amenities are delivered as promised.

Building Trust Through Transparency

Each stage payment schedule provides buyers with clarity at the phase of construction. Buyers knowing when to pay boots their financial confidence. It also strengthens trust between the developer and future residents.

Promoting Long Term Community Stability

Payments that align with residents’ income cycles help prevent financial strain. This encourages a financially healthy community, where residents can focus on maintaining their homes and neighborhoods rather than worrying about debt.