Prestige Indavara Chikmagalur Cost Sheet

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Prestige Indavara Chikmagalur Cost Sheet gives buyers a full breakdown of plot prices, booking amounts, milestone payments, and additional charges. Plot prices start at Rs 1.20 Crore for a 2,400 sq ft plot. The pre-launch rate across all sizes is Rs 5,000 per sq ft. The project is on 33 acres in Chikmagalur with 140 luxury residential plots. The official launch is on 10 December 2026.

Plot Price List


Prestige Indavara Chikmagalur offers four plot sizes. All sizes are priced at the same base rate of Rs 5,000 per sq ft.

Plot Size Price
2,400 sq ft Rs 1.20 Crore
3,600 sq ft Rs 1.80 Crore
4,800 sq ft Rs 2.40 Crore
6,000 sq ft Rs 3.00 Crore

*Prices are indicative pre-launch rates. Confirm the final cost sheet with the sales team before booking.*

The smallest plot at 2,400 sq ft is the entry-level option at Rs 1.20 Crore. The largest at 6,000 sq ft is priced at Rs 3.00 Crore. There is no variation in the per-sq-ft rate across the four sizes.

Booking Amount


To reserve a plot in Prestige Indavara Chikmagalur, buyers must pay 10% of the plot price as the booking amount. GST on the booking amount applies as per the prevailing rate.

Plot Size Plot Price Booking Amount (10%)
2,400 sq ft Rs 1.20 Crore Rs 12 Lakh
3,600 sq ft Rs 1.80 Crore Rs 18 Lakh
4,800 sq ft Rs 2.40 Crore Rs 24 Lakh
6,000 sq ft Rs 3.00 Crore Rs 30 Lakh

GST is charged on the booking amount and on each subsequent milestone payment. Confirm the current GST rate with the sales team at the time of booking.

Payment Plan


The remaining 80% of the plot price is structured into 8 construction-linked milestone instalments. Each milestone corresponds to a stage of development progress within the 33-acre township.

  • Milestone 1. Payment due when ground floor work begins.
  • Milestone 2–7. Payments spread across subsequent stages of construction progress.
  • Milestone 8 / Possession. Final instalment due on handover.

This plan spreads the financial commitment over the development period. Buyers are not required to pay a large lump sum upfront beyond the initial booking amount. Confirm the exact milestone schedule and due dates with the sales team.

Additional Charges


The base plot price covers the land parcel only. Buyers must budget for the following additional charges beyond the base price.

  • Stamp Duty. Levied by the Karnataka government on the sale deed value. The applicable rate depends on the property value slab.
  • Registration Charges. Payable to the sub-registrar's office at the time of deed registration.
  • GST. Applicable on each payment instalment, including the booking amount.
  • Legal and Documentation Fees. As applicable for sale agreement and registration.
  • Construction Cost. The plot price does not include the cost of building a house. Construction is entirely at the buyer's choice, timeline, and budget.

The developer states there are no hidden costs beyond the declared plot price and statutory charges listed above.

What the Base Price Includes


The base price at Prestige Indavara Chikmagalur covers the land parcel and township infrastructure.

  • The land parcel with clear boundary demarcation.
  • Internal road access and the township's road network.
  • Access to the ~9.9 acres of open and green space in the master plan.
  • Basic infrastructure as per the approved layout.

The price does not include individual plot construction, external development charges, or any future maintenance corpus unless specified in the sale agreement.

Why Pre-Launch Pricing Matters


Buying at the pre-launch stage locks in the lowest available rate per sq ft. The current pre-launch rate is Rs 5,000 per sq ft. Prices are expected to be revised upward once the official launch opens on 10 December 2026 and through construction milestones. Early bookings also allow access to a wider selection of plots, including corner plots, road-facing plots, and plots near the green zones.

Frequently Asked Questions


1. What is the baseline cost for a plot at Prestige Indavara Chikmagalur?

The starting price is Rs 1.20 Crore for a 2,400 sq ft plot at the pre-launch rate of Rs 5,000 per sq ft.

2. What is the booking amount?

The booking amount is 10% of the plot price, plus applicable GST. For the 2,400 sq ft plot, this is Rs 12 Lakh plus GST.

3. How is the payment plan structured?

The plan is construction-linked. The booking amount is 10%. The remaining 80% is paid across 8 milestones tied to development stages. The final instalment is due at possession.

4. What additional charges apply?

Buyers are fully responsible for all construction expenses, along with standard Karnataka state taxes and fees such as GST, stamp duty, and registration.

5. What does the base price include?

The base price includes the land parcel, internal road access, boundary demarcation, and access to the township's green and open spaces. It does not include construction, stamp duty, registration, or GST.

6. What is the RERA status of Prestige Indavara Chikmagalur?

RERA registration is pending as of 2026. Buyers should verify the current status on the Karnataka RERA portal before making any booking payment.

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