Embassy Biome Residences Payment Plan
The Embassy Biome Residences Payment Plan is a clear and simple 10:10:80 plan that helps you buy a home in North Bengaluru without stress. Spread across 200 acres in Tharahunise near the airport, this project offers 2 to 3.5 BHK apartments starting from ₹1.35 Crore and 4 to 5 BHK villas starting from ₹10.5 Crore. By paying in small parts as the building work gets done, you can easily manage your money while your property grows in value.
Understanding the Embassy Biome Residences Payment Plan
When buying a luxury home, managing your cash flow is very important. The Embassy Biome Residences payment plan links your payments directly to construction work. Instead of asking for all the money upfront, the total cost is divided into smaller payments spread out over time.
Breakdown of the 10:10:80 Payment Structure
The payment plan is divided into three easy steps:
| Payment Stage | Percentage | Trigger Event / Milestone |
|---|---|---|
| Initial Booking / EOI | 10% | Paid when you book your home to block your chosen unit. |
| Agreement of Sale (AOS) | 10% | Paid when you sign the official sale agreement paper. |
| Construction Milestones | 80% | Paid in small parts as real building work happens on site (like foundation, walls, and final polish). |
This setup protects your money because you only pay when real work is finished on the ground.
Overview of Pricing & Property Types
Embassy Biome gives you two choices: modern apartments and large private villas.
| Property Type | Configuration | Super Built-up / Plot Area | Starting Price | Initial EOI Deposit |
|---|---|---|---|---|
| Luxury Apartments | 2 & 2.5 BHK | 1,333 – 1,600 sq. ft. | ₹1.35 Cr – ₹1.70 Cr | ₹3 Lakhs |
| Luxury Apartments | 3 & 3.5 BHK | 1,800 – 2,249 sq. ft. | ₹2.10 Cr onwards | ₹5 Lakhs |
| Independent Villas | 4, 4.5 & 5 BHK | 4,200 – 6,800 sq. ft. | ₹10.50 Cr onwards | ₹5 to ₹7 Lakhs |
Note: Government taxes like GST, stamp duty, registration fees, and maintenance charges are extra.
Why Choose a Construction-Linked Payment Plan?
- Lower Risk: You pay money only after expert teams check and confirm that building work is complete.
- Easier Bank Loans: If you take a home loan, the bank pays the builder step by step. This keeps your monthly interest low during the construction period.
- Better Profits: Booking early lets you get lower prices per square foot before rates go up with building progress.
Key Investment Highlights & Location Value
- Great Location: Located in Tharahunise near the North Bengaluru airport road, just 20 minutes from the airport.
- Large Township: Part of the huge Embassy Knowledge Park, which includes offices, shops, and green parks.
- Trusted Builder: Built by Embassy Group, a famous builder known for projects like Embassy GolfLinks and Embassy Boulevard.
Frequently Asked Questions
1. What is the standard payment plan offered for Embassy Biome Residences?
It uses a simple 10:10:80 Construction-Linked Payment Plan. You pay 10% to book, 10% when signing the sale agreement, and the remaining 80% in small parts as building work happens.
2. How much is the initial booking or EOI amount for Embassy Biome Residences?
The booking amount is ₹3 Lakhs for 2/2.5 BHK flats, ₹5 Lakhs for 3/3.5 BHK flats, and ₹5 to ₹7 Lakhs for private villas.
3. What are the starting prices for apartments and villas at Embassy Biome?
Flats start between ₹1.35 Crore and ₹1.70 Crore during the early booking phase. Large luxury villas start at ₹10.5 Crore.
4. Are home loans available for the Embassy Biome payment plan?
Yes, major banks like HDFC, ICICI, Axis, and SBI offer loans for this plan and pay the builder directly as work progresses.
5. Are statutory taxes like GST and stamp duty included in the payment plan?
No, taxes are not included in the starting price. You need to pay GST, stamp duty, registration fees, and water/electricity charges separately as per government rules.
6. Can I transfer my booking or exit during the payment period?
Yes, you can transfer your booking to another buyer based on the agreement rules, government RERA guidelines, and developer terms.
7. When is the possession date for Embassy Biome Residences?
The project is expected to be ready for possession around 2030–2031, with payments spread out across those years.
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