Embassy Knowledge Park Payment Plan

Featured Image of Embassy Knowledge Park Payment Plan


Embassy Knowledge Park's payment plan starts at ₹1.76 Cr for a 2 BHK apartment. The plan follows a simple 10:10:80 structure. This links payments directly to construction milestones. It helps buyers manage their budget in stages, not lump sums.

The full price range goes up to ₹3.06 Cr for apartments. Villas begin at ₹10 Cr and above.

This payment schedule is currently active during the pre-launch EOI stage. It started once the EOI window opened on 25 May 2026. Buyers can lock in this structure before the official August 2026 launch. Prices are expected to rise after RERA approval comes through.

Note: The base price does not include stamp duty or registration charges. These are added separately at the time of registration.

What Is a Payment Plan?


A payment plan breaks the total cost into smaller installments. Buyers pay these amounts as construction reaches each stage. This continues until the unit is ready for possession. It avoids the burden of paying the full amount upfront.

Embassy Knowledge Park's 10:10:80 Payment Structure


The Embassy Knowledge Park payment plan is divided into three simple parts:

  • Booking Amount (10%) - Buyers pay 10% of the unit value at the time of booking. This confirms their interest in the chosen apartment or villa.
  • Agreement Signing (10%) - Another 10% is paid when the Agreement to Sell is signed. This formalizes the buyer's commitment to the unit.
  • Construction-Linked Payments (80%) - The remaining 80% is spread across construction stages. This keeps payments aligned with actual site progress over five years.

This building plan fits with the project's five-year construction schedule. They plan to hand over the property in August 2031 after starting construction in August 2026.

EOI Stage: The First Step Before Booking


Before booking a property, buyers go through the Expression of Interest (EOI) stage. This EOI window started in May 2026. The EOI amount is fully refundable. Shows a buyer's commitment.

  • ₹3 Lakhs for 2 and 2.5 BHK apartments
  • ₹5 Lakhs for 3 and 3.5 BHK apartments

This amount gets adjusted into the 10:10:80 payment plan. Once they get RERA approval, buyers get a confirmed allotment.

What Adds to the Base Price?


The base price they advertise is not the cost. There are charges on top of the unit price. Understanding these helps buyers plan their budget.

GST on Embassy Knowledge Park Units


GST is 5% for under-construction properties in Karnataka. They charge this on the property value during construction. Once they hand over the property, resale transactions do not have GST. Buyers should include this in their payment plan.

Stamp Duty and Registration Charges


In Karnataka, stamp duty is 5% for properties above ₹45 Lakhs. Registration charges are another 1% of the property value. Both are paid during the sale deed registration. For a ₹2.76 Cr apartment, this adds about ₹16.56 Lakhs.

Other Costs to Consider


People who are buying a place should also think about parking fees and clubhouse fees. The people in charge take some money for maintenance so that the community looks nice. If you want to live on your desired higher floor, you have to pay more. When you book a unit, they show you a list of all the costs.

Why the Payment Plan Matters for Buyers


The payment plan that is linked to construction is good for buyers. It makes things easier because you do not have to pay a lot of money at once. Buyers can pay money at the time they get money from their home loan, and this works well for each stage of construction. The plan that is linked to construction really helps buyers, so the payment plan is important for them.

The Embassy Group helps people get home loans from banks. Let us say you want to buy a 3 BHK home that costs ₹2.76 Cr. If you pay 20% of this amount upfront, you will get a loan of ₹2.21 Cr. The Embassy Group will charge you 8.5% interest on this loan over 20 years. This means you will have to pay ₹1,91,800 every month.

People who want to buy a home should check if they are eligible for a loan based on the money they make and their CIBIL score.

How This Plan Compares to Launches


New housing projects in North Bangalore have a similar plan. This plan is called the 10:10:80 model. It is very common for projects that are still being built. The good thing about this plan is that it gives buyers a lot of time to plan their finances while the building is being constructed.

The Embassy Knowledge Park project has a timeline of five years. This is good because it helps buyers make payments. The Embassy Group and home buyers can plan with this timeline.

FAQs


1. Is the Expression of Interest token amount against the down payment?

Yes, when the Karnataka RERA approval is given and the project is officially launched, the EOI token amount you paid will be used as part of your 10% down payment. If you decide not to buy at that time, you will get the amount back without any money being taken away.

2. What are the extra costs I need to think about besides the price of the property?

Besides the price of the property, you need to think about paying 5% Goods and Services Tax because Embassy Knowledge Park is still being built. You also need to pay 5% for the state stamp duty. 1% For the court registration fee when you sign the final sale papers. There are things you need to pay for, like a place to park your car, a membership to the clubhouse, and some money for maintenance when you first move in.

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