Purva Eminora Payment Plan
Overview of the Purva Eminora Payment Structure
The Purva Eminora payment plan follows a construction-linked structure, with drawdowns spread across the project build cycle through to possession in December 2031. The starting price opens at ₹2.76 Crores for a 3 BHK and goes up to ₹3.05 Crores onwards for the 3 BHK + Staff (3.5 BHK) at this boutique luxury high-rise community by Puravankara Limited at Vajarahalli, along Kanakapura Main Road in south Bangalore.
The plan keeps cash outflow aligned with on-site progress — buyers pay a small reservation amount up front, formalise the booking and agreement, and then settle the balance in milestone-linked instalments as each construction stage is reached. Both self-funded buyers and home-loan-linked buyers can use this plan with minimal friction.
Pre-Launch / EOI Stage
Purva Eminora is currently in its pre-launch / Expression of Interest (EOI) window. Karnataka RERA registration for Phase 1 is in process, with formal approval anticipated by 5 June 2026. The official project launch is targeted for 10 June 2026.
EOI Window Details:
- EOI Reservation Amount: ₹5 Lakhs – ₹6 Lakhs (Refundable). The amount is fully refundable if the buyer chooses not to proceed once the official launch opens.
- Locked Pre-Launch Rate: ₹14,500 per sq. ft. — held for EOI applicants ahead of the post-RERA correction.
- Allotment Priority: EOI applicants get first preference on tower, floor and unit selection across both the 3 BHK and 3 BHK + Staff configurations.
- How to apply: Submit the enquiry form on the contact page, after which the sales team initiates the EOI documentation.
Construction-Linked Payment Schedule
Once the project is launched and a unit is booked, the balance amount is collected through a milestone-based construction-linked schedule. Each milestone is tied to verifiable on-site progress, certified by the project engineer. The typical structure runs as follows:
| Milestone | Stage | % of Total Sale Consideration |
| 1 | EOI / Reservation | ₹5–6 Lakhs (refundable) |
| 2 | At Allotment | 10% (less EOI) |
| 3 | At Agreement to Sale | 10% |
| 4 | On Completion of Excavation | 10% |
| 5 | On Completion of Foundation & Plinth | 10% |
| 6 | On Completion of 1st Slab | 5% |
| 7 | On Completion of 10th Slab | 10% |
| 8 | On Completion of 20th Slab | 10% |
| 9 | On Completion of Final Slab | 10% |
| 10 | On Completion of Brickwork & Plastering | 10% |
| 11 | On Completion of Flooring & Fittings | 10% |
| 12 | At Handover (Possession) | 5% |
Note: The schedule above is indicative. The final construction-linked schedule will be confirmed at Karnataka RERA registration and reproduced in the Agreement to Sale.
Indicative Cost Components
Beyond the base apartment cost (calculated as carpet area × ₹14,500 per sq.ft.), buyers should account for the following line items in the all-inclusive cost sheet:
- Car parking charges: Charged per parking bay; covered, semi-covered and stack options.
- Clubhouse membership fee: One-time charge covering access to the 26,000 sq.ft. clubhouse and its 40+ amenities.
- Maintenance deposit: Refundable corpus contribution towards the Apartment Owners' Association fund.
- Goods and Services Tax (GST): Applied as per the prevailing rate for under-construction residential property.
- Stamp duty and registration: Charged at the Karnataka state-prescribed rates at the time of sub-registrar registration.
- Floor rise premium: Higher-floor units carry an incremental rate above the ₹14,500 base — the slab-wise schedule is presented at booking.
Sample Cost Working — 3 BHK at ₹2.76 Crores
For a representative 3 BHK at ~1,900 sq.ft. SBA, the indicative base sale consideration works out to approximately ₹2.76 Crores at the pre-launch rate. The breakdown of the construction-linked drawdown looks roughly as follows (illustrative; final amounts confirmed at booking):
| Stage | % of Sale Consideration | Indicative Amount (₹) |
| EOI (Refundable) | — | ₹5,00,000 – ₹6,00,000 |
| At Allotment | 10% | ~₹27,60,000 |
| At Agreement | 10% | ~₹27,60,000 |
| Construction-Linked Drawdowns | 75% | ~₹2,07,00,000 |
| At Handover | 5% | ~₹13,80,000 |
Stamp duty, GST, registration, parking, clubhouse and maintenance corpus are additional to the above.
Home Loan Partners
Once Karnataka RERA registration is issued, leading nationalised and private-sector banks are expected to extend home-loan facilities for Purva Eminora. Based on Puravankara's standard panel for prior launches, the likely list of approving banks includes:
- HDFC Bank
- ICICI Bank
- State Bank of India (SBI)
- Axis Bank
- Kotak Mahindra Bank
- Punjab National Bank (PNB)
- Bank of Baroda
- LIC Housing Finance
Typical loan-to-value (LTV) ratios for eligible salaried borrowers are 75–80% of the property value, with tenures of up to 25–30 years. The construction-linked structure means EMI on the home loan only starts ramping up as drawdowns occur — a useful cash-flow feature for early buyers.
Booking Steps
- Step 1 — Site visit: Schedule a complimentary site walkthrough at the Vajarahalli Experience Centre (open 9 AM – 7 PM daily).
- Step 2 — Shortlist a unit: Pick the configuration (3 BHK or 3 BHK + Staff), tower (Tower A or Tower B), floor and facing that best fits your preferences.
- Step 3 — Submit EOI: Pay the refundable ₹5–6 Lakh reservation to lock in the pre-launch rate.
- Step 4 — Allotment: Post Karnataka RERA registration, complete allotment paperwork and pay the 10% allotment milestone (less EOI).
- Step 5 — Agreement to Sale: Sign the Agreement to Sale and pay the 10% agreement milestone.
- Step 6 — Construction-linked drawdowns: Pay each subsequent milestone as the corresponding construction stage is certified complete.
- Step 7 — Handover: Settle the final 5% at handover and take possession in December 2031.
Frequently Asked Questions about the Payment Plan
1. Is the EOI amount refundable?
Yes — the EOI of ₹5–6 Lakhs is fully refundable until the official launch on 10 June 2026. If the buyer chooses not to convert the EOI into a confirmed booking after Karnataka RERA registration, the amount is returned in full as per the EOI letter.
2. When does the bulk of the payment fall due?
The first 20% is paid up front (10% at allotment, 10% at agreement). The remaining 75% is paid in construction-linked milestones spread across the build cycle, with the final 5% due at handover. So most of the outflow tracks visible on-site progress rather than the calendar.
3. Will home loans be available for Purva Eminora?
Yes — once Karnataka RERA registration is issued, all major nationalised and private banks are expected to extend home-loan facilities. Typical LTV is 75–80% for salaried borrowers; tenures of up to 25–30 years are standard.
4. Are GST, stamp duty and registration included in the apartment cost?
No — these are billed additionally on top of the apartment sale consideration. The full line-item cost sheet at booking shows GST (at the prevailing rate for under-construction residential property), Karnataka-state stamp duty, sub-registrar registration fees and incidental charges.
5. Will there be a floor-rise premium?
Yes — apartments on higher floors carry a slab-wise floor-rise premium over the ₹14,500 per sq.ft. base. The exact incremental amount per slab is presented at the time of booking, in line with how upscale launches across south Bangalore typically structure their pricing.
6. Can EOI applicants change their unit selection later?
Yes — until allotment, EOI applicants can swap to a different tower, floor or facing subject to availability. Once allotment is processed (post-RERA), the assigned unit becomes the firm allocation.
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