Brigade Saravanampatti Payment Plan: Flexible Options for Your Dream Home
Buying a home is one of the biggest financial decisions you will ever make. That is why Brigade Saravanampatti offers a transparent and flexible payment plan designed to suit different budget needs. Whether you are a salaried professional, a business owner, or an NRI investor, the payment structure is crafted to make your purchase journey smooth and stress-free.
The project is a new launch by Brigade Group, spread across 5.4 acres in Saravanampatti, Coimbatore. With 2 and 3 BHK configurations ranging from 800 to 1,500 sq. ft., it offers premium living in the heart of the city's IT corridor. The pricing is available on request, and early buyers can benefit from attractive launch offers.
Overview of Payment Plans
Brigade Saravanampatti offers multiple payment options to give you flexibility and control over your investment. Below is a quick overview of the main plans available:
- Construction-Linked Plan: Payments are linked to the construction progress. This is the most common plan and helps you manage cash flow effectively.
- Down Payment Plan: Pay a larger portion upfront and enjoy significant discounts on the total price. Ideal for buyers with available funds.
- Flexi-Payment Plan: A customized plan that allows you to choose the payment schedule as per your convenience, subject to terms.
Construction-Linked Payment Plan (Illustrative)
This is the standard plan offered by Brigade Group. The payment is divided into milestones based on the construction progress. Here is a typical breakdown for a 2 BHK unit (indicative only; actual amounts vary):
| Milestone | % of Total Cost | Payment Due |
|---|---|---|
| Booking Amount | 2% | At booking |
| Within 30 days | 10% | After allotment |
| Foundation | 15% | At foundation completion |
| Slab completion (per floor) | 10% each | On each floor slab |
| Brickwork & plaster | 15% | After brickwork |
| Finishing | 15% | At finishing stage |
| Possession | 10% | At handover |
| Total | 100% |
Note: This is an illustrative table. The actual payment schedule may vary and will be shared in the official brochure.
Down Payment Plan – Save More
If you have sufficient funds available, the down payment plan allows you to pay 50% to 60% of the total cost upfront. In return, you receive a substantial discount on the base price. This plan reduces your overall interest burden and is a smart choice for investors and cash-rich buyers.
- Upfront payment: 50% – 60% of total cost
- Balance: 40% – 50% paid during construction or at possession
- Discount: Up to 5% on the base price (subject to offer)
Additional Charges & Taxes
Apart from the base price, you need to budget for the following statutory charges:
- GST: 5% (with input tax credit) applicable on the base price.
- Stamp Duty & Registration: Approximately 7% of the property value (varies as per government rates).
- Maintenance Deposit: Usually 2–3 years of maintenance charges collected upfront.
- Other Charges: Legal fees, parking charges, and utility connection fees.
Home Loan Assistance
Brigade Saravanampatti is approved by leading banks and housing finance companies. You can easily avail a home loan of up to 90% of the property value (subject to your eligibility). The project's RERA approval (under process) ensures transparency, making it easier for banks to sanction loans.
Booking Process
Here is a simple step-by-step guide to book your dream home at Brigade Saravanampatti:
- Visit the official website or contact the sales team to check availability and pricing.
- Choose your preferred unit, floor, and configuration.
- Pay the initial booking amount of ₹2 lakh (adjustable).
- Sign the allotment letter and agreement.
- Follow the payment schedule as per the chosen plan.
- Track construction progress and complete payments as per milestones.
For the most accurate and up-to-date payment plan, please download the official brochure or speak to our sales representative.