Prestige Padi Payment Plan

Published On: 30 September 2026

Prestige Padi payment plan is a clear 10:10:80 stage-based plan that splits your flat cost into a 10% booking fee, a 10% agreement stage, and 80% work-linked steps spread over five years until handover in December 2031. Set on Madras Thiruvallur High Road (CTH Road) in Padi, Chennai, this 16-acre gated township brings 2,200 flats with prices starting at ₹74.3 Lakhs for 1 BHKs up to ₹2.70 Crores for 4 BHK homes at a base rate of ₹13,500 per sq. ft.

You only pay money when actual building work finishes on-site across the 18 to 20 towers. This step-by-step setup protects your hard-earned money and keeps building progress open and honest. Extra costs include two years of upfront maintenance at ₹5 to ₹7 per sq. ft. each month, standard GST, and easy bank loans that cover up to 80% of the flat price.

What Is the Prestige Padi Payment Structure?

The Prestige Padi payment structure is an easy step-by-step plan that asks for 20% down during initial booking and 80% as physical work progresses over 60 months. It keeps you from paying big lump sums before real construction begins.

Booking Step (10%): You pay 10% to lock your chosen flat during the early booking phase.
Agreement Step (10%): You pay another 10% when you sign the official legal Agreement of Sale.
Building Stages (80%): You pay the remaining 80% balance in small parts as each floor and roof slab gets cast.

Official 10:10:80 Construction-Linked Payment Schedule

The 10:10:80 construction-linked payment schedule covers every tower from ground digging up to the final handover in December 2031. You only get a bill when a licensed site engineer checks and passes each finished stage.

Milestone Stage	Construction Phase Description	Due Percentage (%)
Stage 1	Token booking and flat selection	10%
Stage 2	Signing the legal Agreement of Sale (AOS)	10%
Stage 3	Ground digging and base foundation raft work	10%
Stage 4	Finishing basement slabs 1 and 2	10%
Stage 5	Casting the ground floor slab	10%
Stage 6	Mid-level floor slabs (Floors 5 to 8)	15%
Stage 7	Upper-level floor slabs (Floors 14 to 16)	15%
Stage 8	Wall brickwork and outer cement plastering	10%
Stage 9	Room flooring, pipe fittings, and clubhouse work	5%
Stage 10	Final key handover and move-in (Dec 2031)	5%

Unit Pricing and Cost Sheet Breakdown

Unit pricing at Prestige Padi begins at ₹74.3 Lakhs for a 550 sq. ft. 1 BHK flat and goes up to ₹2.70 Crores for a 2,400 sq. ft. 4 BHK home. The base cost sits around ₹13,500 per sq. ft., which is much lower than nearby Anna Nagar prices just 3 km away.

Flat Size	Super Built-up Area (sq. ft.)	Starting Price (₹)	Ideal For
1 BHK	550 – 650	₹74.3 Lakhs onwards	Working singles and first-time buyers
2 BHK	900 – 1,150	₹1.22 Crores onwards	Small families wanting comfortable space
2.5 BHK	1,200 – 1,350	₹1.62 Crores onwards	Buyers who want a separate home office
3 BHK	1,350 – 1,800	₹1.82 Crores onwards	Bigger families who need two balconies
4 BHK	2,000 – 2,400	₹2.70 Crores onwards	Large families seeking spacious living

Additional Charges and Auxiliary Payment Components

Auxiliary charges include state taxes, power and water connections, and community maintenance fees that you pay before moving into your home. These charges are separate from the base price. The payments are made in stages during the five-year construction period, as set out in the payment schedule.

Government GST: Regular sales tax added to every stage bill as per current tax laws.
Stamp Duty and Registration: Official state fees paid to register the legal land share and sale deed in your name.
Two-Year Upkeep Fee: 24 months of advance maintenance collected before handover to run the 60,000 sq. ft. clubhouse and gardens.
Sinking Fund: A backup reserve fund kept safe for future building repairs and paint work.
Power and Water Fees: Fixed setup costs for fresh water supply lines, power boards, and full generator backup.

Home Loan Financing and Bank Approvals

Prestige Padi has quick home loan tie-ups with leading Indian banks that fund up to 80% of your flat's cost. These lenders release your loan money straight to the builder step by step as work finishes on-site.

Partner Banks: Top lenders like SBI, HDFC Bank, ICICI Bank, and Axis Bank handle fast loan approvals on the spot.
Stage Payments: The bank only sends installment money after the project engineer confirms on-site work is complete.
Simple Pre-EMI: You can pay only simple interest on used loan funds during construction to keep your monthly bills light.
Help Desks: Staff members on-site help you fill out forms, check your loan limits, and verify property titles.