Brigade Granada Payment Schedule


Brigade Granada Payment Schedule

The Brigade Granada Payment Schedule divides the apartment cost into 15 construction-linked instalments. Buyers pay 10% at booking, 20% while signing the agreement and 10% when foundation work starts. Another 55% is paid across floor-slab and structural milestones. The final 5% becomes due during project handover.

The payment plan spreads the apartment cost from booking until the planned possession date of 31 January 2031. EOI is already open, while the official project launch is scheduled for 15 October 2026. Buyers using a home loan can align bank disbursals with each demand notice, subject to loan approval and the payment terms stated in the sale agreement.

Brigade Granada Payment Schedule Overview

Payment Stage Amount Payable
At apartment booking 10%
At agreement signing 20%
At the start of foundation work 10%
During structural and floor-slab work 55%
At project handover 5%
Total payment 100%
Number of instalments 15
Planned possession date 31 January 2031

This is a construction-linked payment schedule. Payments become due when the project reaches the stated work stage, rather than through equal monthly payments.

Brigade Granada Payment Schedule Hoskote:

The Brigade Granada payment schedule for the Whitefield–Hoskote Road project is divided into the following 15 instalments:

Instalment Construction or Payment Stage Amount
1 At the time of apartment booking 10%
2 During the signing of the agreement 20%
3 At the start of foundation work 10%
4 At the start of the ground-floor roof slab 5%
5 At the start of the second-floor roof slab 5%
6 At the start of the fourth-floor roof slab 5%
7 At the start of the sixth-floor roof slab 5%
8 At the start of the eighth-floor roof slab 5%
9 At the start of the tenth-floor roof slab 5%
10 At the start of the twelfth-floor roof slab 5%
11 At the start of the fourteenth-floor roof slab 5%
12 At the start of the sixteenth-floor roof slab 5%
13 At the start of the eighteenth-floor roof slab 5%
14 On completion of the remaining floor and structural work 5%
15 During project handover 5%
Total 100%

The first three instalments together cover 40% of the apartment value. Another 55% is linked to structural progress, while the last 5% is payable at handover.

Brigade Granada Booking and Agreement Payments

The first Brigade Granada payment is 10% of the apartment agreement value at booking. This amount confirms the booking only after the selected unit, price, payment terms and applicable conditions are recorded in writing.

A further 20% becomes due when the agreement is signed. Buyers will therefore have paid 30% of the apartment value by the agreement stage. The booking amount already paid should be adjusted within this total and shown clearly in the payment statement.

Foundation and Construction-Linked Payments

The third instalment is 10% and becomes due when foundation work starts. This takes the total payment to 40% of the apartment value.

The next eleven instalments are linked to structural progress. Ten instalments of 5% each cover the ground-floor to eighteenth-floor slab stages. Another 5% is due when the remaining floor and structural work is complete.

Brigade Granada is planned with residential towers of up to 55 floors. The final agreement should therefore explain how later-floor milestones are covered within the payment schedule. Buyers should use the schedule attached to their selected tower and unit as the final reference.

Final Payment at Brigade Granada Handover

The last 5% is payable during project handover. The planned possession date is 31 January 2031. Before making this payment, buyers should check the apartment, final payment statement and handover documents.

The handover instalment should not be confused with stamp duty, registration, maintenance advance or other charges. These may have separate payment dates under the cost sheet and sale agreement.

Brigade Granada Payment Schedule Example

The example below shows how the 15-instalment schedule works for an apartment with an agreement value of ₹1.5 Cr. It is only a calculation example and does not replace the unit- wise cost sheet.

Payment Stage Percentage Example Amount
Booking 10% ₹15 lakh
Agreement signing 20% ₹30 lakh
Foundation work 10% ₹15 lakh
Each 5% construction instalment 5% ₹7.5 lakh
Total across eleven 5% structural instalments 55% ₹82.5 lakh
Handover 5% ₹7.5 lakh
Total 100% ₹1.5 Cr

GST and other applicable charges may be collected with the relevant instalments. Registration, stamp duty, maintenance and other project charges are separate from this example.

Brigade Granada Home Loan Payment Schedule

Buyers can discuss housing loans with their chosen banks. Banks will approve the loan based on the buyer’s income, credit profile, project papers and repayment capacity.

For a construction-linked home loan, the lender normally releases money in stages after receiving the builder’s demand notice and checking the work milestone. The buyer must pay the required personal contribution before or along with the bank disbursal.

Buyers should check the following before taking a loan:

  • Approved loan amount
  • Required down payment
  • Disbursal stage
  • Pre-EMI or full EMI start date
  • Interest rate and loan term
  • Processing and legal charges
  • Validity of the loan sanction
  • Documents needed for every disbursal

Payment Schedule and Additional Charges

The Brigade Granada Payment Schedule covers the apartment value in stages. It does not mean that every other purchase cost is included in the 15 instalments.

Additional payments may include:

  • Floor-rise charges
  • Preferred location charges
  • Car-parking charges
  • GST
  • Advance maintenance
  • Corpus fund
  • Stamp duty
  • Registration charges
  • Other applicable statutory charges

The unit-wise cost sheet should show whether these amounts are collected with a construction instalment or through a separate demand.

Payment Schedule vs Cost Sheet

The payment schedule states when each percentage must be paid. The cost sheet states how much the selected apartment costs after all applicable charges are added. Buyers need both documents before booking.

Document Main Purpose
Payment Schedule Shows the percentage and stage of every instalment
Cost Sheet Shows the complete price of the selected apartment
Demand Notice Requests payment after a stated milestone is reached
Payment Receipt Confirms the amount paid by the buyer or lender

What to Check in the Payment Schedule PDF

The Brigade Granada Payment Schedule PDF should match the booking form, cost sheet and sale agreement. Check these details before signing:

Payment Schedule Checklist
Apartment and tower number
Total agreement value
Booking amount already paid
Percentage due at each stage
Construction milestone for each demand
Payment due date
GST or tax shown with each instalment
Interest or penalty for delayed payment
Home-loan disbursal process
Cancellation and refund terms
Possession-linked final payment
Issue date of the schedule

Brigade Granada Payment Schedule PDF

The payment schedule PDF is available through the project enquiry process.

Request the latest unit-wise Brigade Granada Payment Schedule PDF rather than using an undated online copy. The PDF should show all 15 instalments, the amount payable at each stage and the planned handover payment.

The payment schedule must also match the exact apartment value. A schedule for one unit should not be used to calculate payments for another apartment with a different size or price.

FAQs


1. What is the Brigade Granada payment schedule?

The indicative payment structure includes around 10% at booking, 20% at agreement, 10% at foundation, 55% during structural work (likely spread across multiple instalments tied to construction milestones), and 5% at handover. Buyers should confirm the exact instalment count and schedule in the official cost sheet.

2. How much is payable at Brigade Granada booking?

The initial booking payment is indicated at around 10% of the apartment agreement value.

3. How much will be paid by the foundation stage?

Buyers would have paid around 40% by the start of foundation work, comprising 10% at booking, 20% at agreement, and 10% at foundation.

4. Is the payment schedule construction-linked?

Yes. Most instalments are expected to become due as specific foundation, slab and structural milestones are reached.

5. How many instalments are included?

The payment plan is referenced as including around 15 instalments from booking to handover, likely reflecting a more detailed breakdown of the structural-work stage than the five broad milestones typically summarised. Buyers should request the full unit-wise instalment schedule to see the exact breakup.

6. What is payable at possession?

The final around 5% of the apartment value is indicated as payable at handover. Other charges may be collected separately.

7. Can buyers use a home loan for the instalments?

Yes. Loan disbursal will depend on lender approval, the buyer's own contribution and verification of each construction milestone.

8. Where can buyers get the payment schedule PDF?

Buyers can request the latest unit-wise Brigade Granada payment schedule PDF through the project enquiry form.

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