Brigade Barcelona Payment Plan is structured as a buyer-friendly Construction-Linked Plan (CLP), allowing home buyers and investors to pay for their luxury homes in manageable installments aligned with real-time construction milestones. Offered by Brigade Group, this payment schedule drastically lowers initial capital strain by distributing payments over the project's development timeline.
Understanding the Brigade Barcelona Payment Structure
Buying a luxury apartment requires clear financial visibility. The Brigade Barcelona Payment Plan offers an flexible structure designed to safeguard buyers' capital while ensuring steady project completion.
| Stage / Milestone | Percentage Due | Description |
|---|---|---|
| Booking Amount | 10% | Paid initially to lock in the unit and lock in launch prices. |
| Agreement Signing | 10% | Paid upon executing the official Sale Agreement (within 30–60 days). |
| Construction Milestones | 80% | Divided into small installments linked to slab completion, plastering, and handover. |
Breakdown of the 10:10:80 Construction-Linked Plan (CLP)
- 10% at Booking (Expression of Interest / Initial Deposit): Pay 10% of the total property price when you book to choose your flat and lock in the early launch price.
- 10% at Sale Agreement Signing: Pay the second 10% when you sign the paper agreement, usually within 30 to 60 days after you get your flat assigned.
- 80% Construction-Linked Installments: You pay the rest of the 80% in small steps as the building work gets done, like laying the foundation, building floors, painting, and getting the keys.
Brigade Barcelona Cost Sheet
The cost sheet gives buyers a full list of all costs so you know the exact price before buying. Reviewing the Brigade Barcelona Cost Sheet helps you see all building fees, government taxes, and extra costs clearly.
- Agreement Value & Base Cost: This is the main price per square foot based on the total floor area of your 3 BHK, 3.5 BHK, or 4 BHK home.
- Statutory Government Taxes: This covers 5% GST for new buildings, plus local Stamp Duty (around 5%) and Registration Charges (1%).
- Additional Charges: Extra costs for parking spots, higher floor fees, club membership, and building maintenance deposits.
EOI Details (Expression of Interest)
The Expression of Interest (EOI) form lets you book early to get lower early-bird prices and first pick of the best flats before the public project launch.
- Priority Inventory Selection: Giving an EOI token puts you first in line to pick your favourite floor, view, and tower layout.
- Token Payment Options: EOI token amounts depend on the home size (₹58 Lakhs for 3 BHK, ₹73 Lakhs for 3.5 BHK, and ₹87 Lakhs for 4 BHK). You can pay using a cheque or bank transfer directly to Brigade Group.
- Price Lock Benefits: Filing an EOI locks in your low price so you do not have to pay higher rates when official construction starts.
Key Financial Components & Price Breakup
Before buying your home, check the full price list beyond just the cost per square foot.
- Agreement Value & Base Cost: Covers the main price per square foot for your home's total area.
- Statutory Government Taxes: Includes 5% GST for buildings under construction, plus local Stamp Duty (around 5%) and Registration Charges (1%).
- Additional Charges: Extra fees for car parking, higher floor levels, club membership, and maintenance fees.
Why the Construction-Linked Plan Works Best
- Lower Financial Risk: You only pay when real work gets finished on the building, keeping your money safe from delays.
- Flexible Home Loan Financing: Big banks like SBI, HDFC, ICICI, and Axis Bank approve these plans and pay the builder step-by-step.
- Better Cash Flow Management: You do not need to pay all your money at once, leaving your extra funds safe to grow in other savings.