Prestige Olive Oak Booking Amount
How much you pay, when, and to whom
Here is how payments are structured for Prestige Olive Oak, based on the advertised plan — from the EOI to the final handover instalment.
Advertised Payment Structure
| Stage | Indicative payment |
|---|---|
| EOI (pre-launch) | EOI amount as per developer terms |
| Booking (after RERA) | About 10% of plot price |
| Agreement / allotment | About 10% |
| Development milestones | Road formation, boundary wall, levelling, infrastructure |
| Handover | Final instalment + charges |
The advertised plan has ten instalments of about 10% each. The binding schedule will be in your agreement for sale.
Example: 1,200 Sq.Ft. Plot at EOI Rate
| Particular | Amount (illustrative) |
|---|---|
| Base plot price | ₹1,20,00,000 |
| 10% booking amount | ₹12,00,000 |
| Remaining base price | ₹1,08,00,000 |
| Stamp duty + registration at ~7.6% | ₹9,12,000 |
| Base + these charges | ₹1,29,12,000 |
Excludes legal fees, maintenance or clubhouse deposits and applicable taxes. A booking amount is not payable just because it appears in an indicative schedule.
Payment Safety
Developer Account Only
Pay only to the RERA-designated project account.
10% Cap
Under RERA, no more than 10% before a registered agreement.
Receipts
Get receipts on letterhead for every payment.
Refund Terms
Know cancellation and refund rules before paying.
Prestige Olive Oak at a Glance
| Developer | Prestige Group (Prestige Estates Projects Ltd.), est. 1986, Bengaluru |
| Location | Chikkajala, off Bellary Road (NH-44), North Bangalore 562157 — see location |
| Land Area | 30+ acres with about 4.5 acres of open space |
| Total Plots | About 600 freehold villa plots |
| Plot Sizes | 1,200, 1,500, 2,000 & 2,400 sq.ft. + odd/corner plots — see plot plans |
| Price | From ₹1.20 Cr* (EOI ₹10,000/sq.ft.) — see price list |
| Status | Pre-launch, EOI open; launch expected 10 December 2026 |
| RERA | Awaited — verify on rera.karnataka.gov.in before booking |
| Possession | Target December 2029 (as per RERA filing) |
Frequently Asked Questions
About 10% of the plot price at booking after RERA registration, as per the advertised plan. The EOI amount is separate and set by the developer.
About ₹12 lakh at the EOI rate of ₹10,000/sq.ft.
It is development-linked, with milestones such as road formation, boundary wall, levelling and infrastructure.
Under RERA, a promoter cannot accept more than 10% of the cost as advance before a registered agreement for sale.
Get in Touch
Contact us for the Prestige Olive Oak plot plan, EOI cost sheet, site visits, plot availability and pre-launch offers.