Enquire Now
  • Home
  • Price
  • A Step-by-Step Guide to the 20:20:60 Payment Plan

A Step-by-Step Guide to the 20:20:60 Payment Plan

A step-by-step guide to the 20:20:60 payment plan offered at Sobha World City, helping buyers manage finances easily.

Buying a home is a big dream for many families. At Sobha World City, we want to make that dream come true without any financial stress. That is why we offer a smart and simple way to pay: the 20:20:60 Payment Plan.

This plan is built to give you comfort and peace of mind. Instead of paying everything at once, you divide your payments into three clear stages. This allows the buyer to manage their savings while their home is being built. You don't have to worry about huge bank loans or hidden costs early on. Instead, you can watch your home grow and prepare for your move at your own pace.

Whether you are a first-time buyer or an investor, this plan offers the flexibility you need to plan your future. It makes luxury living in 54-floor towers easy and reachable for everyone. It is the perfect bridge between where you are now and the home you have always wanted.

1. Stage One: The 20% Booking Amount

The first step on your journey is the booking stage. This is when you select your favorite apartment in one of the 18 high-rise towers.

  • What you pay: You pay 20% of the total cost at the time of booking.
  • What it does: This payment acts as a firm handshake. It secures your home and locks in the low pre-launch price so you don't have to worry about future price hikes.
  • Early Advantage: If you book during the Expression of Interest (EOI) phase, you get the "VIP" choice. You can pick the exact floor you want or the best view of the city before the general public.

2. Stage Two: 20% During Structure Completion

The second payment only happens once the building is physically growing. This stage is linked to the progress of the construction.

  • What you pay- Another 20% is due when the main skeleton or "structure" of the building is finished.
  • Trust Factor- This is a "pay-as-you-see" system. Since you only pay when the heavy work is done, you can see exactly where your money is going. It builds trust between you and the builder.
  • Timing- For towers rising to 54 floors, this stage usually happens about halfway through the building cycle. It gives you plenty of time to plan your finances after your initial booking.

3. Stage Three: 60% at Possession

This is the most exciting part of the plan. You pay the largest share only when your home is ready for you to move in.

  • What you pay- The final 60% is due at the time of possession.
  • Possession Date- For Sobha World City, this is expected around December, 2030.
  • Financial Ease- This is the biggest benefit. It gives you several years to save up your earnings. You can also use this time to find the best home loan deal for the final amount without feeling rushed.

4. Why This Plan is Great for You

The 20:20:60 plan is designed to be "buyer-friendly" for several reasons:

  • Low Risk: Your risk is very small. You only pay the bulk of the money (60%) when the project is finished, and the keys are ready for you.
  • No Rent + EMI Stress: Many people struggle to pay rent and home loan interest (EMIs) at the same time. This plan solves that. You don't have to worry about a huge loan until your home is ready to live in.
  • Transparency: There are no hidden surprises. Every payment is linked to a clear goal. This follows strict RERA safety rules, which means your investment is protected by law every step of the way.

Summary Table: Your Payment Journey

Stage Milestone Amount Your Benefit
Step 1 Booking / EOI 20% Lock in low prices & pick the best view.
Step 2 Building Structure 20% Pay only when you see real progress.
Step 3 Handover (2030) 60% Move in first, pay the rest later.

Conclusion: A Stress-Free Path to Luxury

The 20:20:60 payment plan at Sobha World City takes the worry out of buying your dream home. It lets you secure a luxury 1, 2, 3, or 4 BHK apartment with a small initial amount. By spreading the costs over several years, you can manage your savings without any stress. This plan is designed to help you focus on the excitement of moving into Bangalore's tallest towers in 2030.

Choosing this path means you are making a smart and safe investment. You do not have to worry about heavy monthly payments while the building is still going up. Instead, you pay the largest share only when you are ready to walk through your new front door. With the protection of RERA and the trusted quality of Sobha, your family’s future is in good hands. This is more than just a payment schedule; it is a clear and easy roadmap to a life of luxury in "Neo-Whitefield".

Final Benefits at a Glance

  • Low Entry Cost: Start your journey with just 20% of the total price.
  • Progress-Based Payments: The second 20% is only due when the building structure is finished.
  • Maximum Security: Pay the final 60% only at the time of possession in 2030.
  • Financial Freedom: Save more and worry less about bank interest during the construction years.

down arrow Frequently Asked Questions (FAQs)

This plan divides the cost of your home into three simple parts. You pay 20% at the time of booking to secure your unit. Another 20% is paid when the main skeleton of the building is finished. The final 60% is only due when your home is ready for you to move in.

One of the best parts of this plan is that it reduces your interest burden. Since the largest payment (60%) is delayed until possession, many buyers do not take a full home loan until the end. This helps you avoid paying heavy monthly interest (EMIs) while you are still waiting for your home to be built.

Yes. All payment plans at Sobha World City follow the regulations set by the Real Estate Regulatory Authority (RERA). This means your money is safe. The builder can collect payments only when they reach specific construction milestones, ensuring transparency and trust.

Yes. The 20:20:60 payment schedule is supported by the majority of big banks. The buyer might apply for a home loan to cover the remaining 60% owing during possession after using their savings to pay the first two installments. This is a popular choice for young professionals and families.

Sobha is known for its fast and high-quality construction. If the building structure is completed ahead of schedule, the second 20% payment milestone will be reached sooner. The buyer will receive a formal notice from the builder to make the payment as per the agreed schedule.

The 20:20:60 plan covers the base cost of the apartment. However, keep in mind that other costs like GST, Stamp Duty, and Registration are usually extra. These are paid to the government at different stages of the buying process, mostly during the final handover.

In a standard plan, you make small payments every few months as each floor is built. This can be hard to manage. The 20:20:60 plan is easier because it has fewer payment dates and gives you more time to save up for the final large amount. It provides a stress-free path to owning a luxury home.

Whatsapp

Enquire
×