Brigade Global Park Payment Plan

Q: 1. What is the initial booking amount under the Brigade Global Park Payment Plan?

You need to pay 10% of the total flat cost as the starting booking amount to book your home. During the pre-launch stage, buyers can also give an Expression of Interest (EOI) token amount by cheque or online transfer to hold their favourite flat.

The Brigade Global Park Payment Plan gives buyers an easy and safe way to book 2, 3, and 4 BHK flats in Devanahalli, North Bangalore, by paying 10% at booking and paying the rest of the 90% step-by-step as the building work goes on. Spread across 75 acres near KIADB Aerospace Phase 2, this large project by the Brigade Group breaks the total flat price into small, easy parts. Because your payments are linked to real building work under RERA rules, homebuyers and investors can manage their money and bank home loans without any worry.

Understanding the Brigade Global Park Payment Schedule

Buying a home in a big 75-acre project needs clear money planning. The payment plan for Brigade Global Park follows a 20:80 or 10:90 Construction-Linked Plan (CLP). Under this plan, you only pay when the builder finishes a set part of the G+30 tall towers.

For a flat starting at ₹65 Lakhs onwards for a 2 BHK (900 to 1,200 sq. ft.), and going up for 3 BHK (1,200 to 1,600 sq. ft.) and 4 BHK (1,800 to 3,000 sq. ft.) homes, the payment plan follows an easy 10-step order:

Payment Milestone	Instalment Percentage	Example Outflow (on a ₹65 Lakh 2 BHK)
1. At the Time of Booking (EOI / Allotment)	10% of Total Cost	₹6,50,000
2. At the Start of Construction / Agreement Signing	10% of Total Cost	₹6,50,000
3. On Completion of Excavation Work (Digging)	10% of Total Cost	₹6,50,000
4. On Completion of Plinth / Foundation Level (Base)	10% of Total Cost	₹6,50,000
5. On Completion of Basement Construction	10% of Total Cost	₹6,50,000
6. On Casting of the First Floor Slab	10% of Total Cost	₹6,50,000
7. On Completion of Superstructure / Mid-Level Floors	10% of Total Cost	₹6,50,000
8. On Completion of Internal Flooring & Tiling	10% of Total Cost	₹6,50,000
9. On Completion of Plumbing & Electrical Work	10% of Total Cost	₹6,50,000
10. At the Time of Final Possession / Handover (Getting Keys)	10% of Total Cost	₹6,50,000
Total Base Property Payment	100%	₹65,00,000

Note: Exact pre-launch Expression of Interest (EOI) booking amounts and extra floor charges will be shared by the builder after RERA approval.

Types of Payment Schemes Available at Brigade Global Park

To help both homebuyers and investors, Brigade Group gives different ways to pay for its 7,195 flats and shops:

Construction-Linked Payment Plan (CLP): This is the safest and most popular choice. If you take a home loan from top banks (like SBI, HDFC, or ICICI), the bank pays each 10% part directly to the builder after checking the building work at the site.
Down Payment Plan: Best for buyers who have ready money. You pay 10% at booking, 80% to 85% within 45 to 60 days, and the last 5% to 10% when you get the keys. Builders often give a good price discount on the base price if you choose this plan.
Time-Linked Payment Plan: Payments are made on fixed dates (for example, every 3 or 6 months) no matter what stage the tower building work has reached, while following RERA rules.
Pre-Launch EOI (Expression of Interest) Benefits: Early buyers who pay a token amount by online transfer or cheque during the EOI stage get to pick their best flat first (like their favourite floor and view) and get a lower base price before the main launch price goes up.

Complete Cost Sheet Breakdown: Beyond the Base Price

A smart homebuyer always checks the Total Cost Sheet and not just the base price. When planning your budget under the Brigade Global Park Payment Plan, keep these extra government and project charges in mind:

Base Flat Cost: Worked out based on the total size or carpet area of the 2, 3, or 4 BHK flat you pick.
Floor Rise Charges: Extra cost per sq. ft. as you choose higher floors in the G+30 towers (mostly starting from the 4th or 5th floor and above).
Preferred Location Charges (PLC): A small extra cost for corner flats, garden-facing flats, or flats facing the clubhouse.
Goods and Services Tax (GST): Under government tax rules for flats that are being built, a 5% GST is added.
Clubhouse & Car Parking Charges: A one-time cost for covered basement parking and for using the sports areas, gym, and swimming pool.
Advance Maintenance & Corpus Fund: Collected when you get your keys to keep the 75-acre project roads, security, and green parks clean and safe.
Stamp Duty and Registration Charges: Paid directly to the Karnataka state government when you register the flat in your name (around 5.6% to 6.6% of the flat cost).

Why This Payment Plan Works for Devanahalli Buyers

Located at KIADB Aerospace Phase 2 in Devanahalli (Pin Code: 562110), Brigade Global Park is very close to Kempegowda International Airport, NH 648, and Bellary Road. Because it is a huge 75-acre project with 16 towers, shops, a school, a hospital, and a hotel, the building work happens step by step.

A step-by-step payment plan keeps your money safe while the area around North Bangalore grows. By the time you pay your last 10% when getting the keys, home prices in the Devanahalli airport road area usually go up. This gives you great profit on your property while you only paid in small parts over the building years.

Frequently Asked Questions (FAQs)

1. What is the initial booking amount under the Brigade Global Park Payment Plan?

You need to pay 10% of the total flat cost as the starting booking amount to book your home. During the pre-launch stage, buyers can also give an Expression of Interest (EOI) token amount by cheque or online transfer to hold their favourite flat.

2. How does the 10% construction-linked instalment schedule work?

After paying 10% at booking and 10% when building starts, the remaining 80% is broken into eight equal parts of 10% each. You only pay when set building steps—like digging, base work, basement, first floor, flooring, plumbing, and getting the final keys—are finished at the site.

3. What is the starting price of apartments in Brigade Global Park?

The price for a 2 BHK flat (900 to 1,200 sq. ft.) starts from ₹65 Lakhs onwards. Prices for bigger 3 BHK (1,200 to 1,600 sq. ft.) and 4 BHK (1,800 to 3,000 sq. ft.) flats, as well as shops, are shared by the builder when you ask, based on the tower and floor you choose.

4. Are GST and registration charges included in the standard payment plan instalments?

GST (currently 5% for flats being built) is added in small parts along with each 10% payment. However, Stamp Duty and Registration charges are not part of the builder's payment plan; you pay them directly to the government when you take the keys and register the flat in your name.

5. Can I get a bank home loan for the Brigade Global Park Payment Plan?

Yes. Top government and private banks give home loans for projects by the Brigade Group. Once you pay your first 10% to 20% down payment from your pocket, your bank will pay the rest of the step-by-step payments directly to the builder as each part of the building is completed.

6. What extra charges are mentioned in the Brigade Global Park cost sheet?

Other than the base flat price, the cost sheet includes floor-rise charges (for higher floors in the G+30 towers), Preferred Location Charges (PLC), covered car parking, clubhouse fees, BESCOM/BWSSB water and power charges, and a one-time maintenance fund when you get the keys.

7. Is the EOI token amount refundable if I cancel my booking before allotment?

Yes, pre-launch Expression of Interest (EOI) token money is given back in full if a buyer decides not to buy before signing the final RERA Sale Agreement. Once the final booking paper is signed, canceling the flat follows Karnataka RERA rules.