Prestige Urban Grove Cost Sheet

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Prestige Urban Grove Cost Sheet covers the total cost of buying a 2, 3 or 4 BHK in Kakkanad, Kochi. The project is on Seaport-Airport Road (NH-544) and is built by Prestige Group. The base price starts at ₹87 Lakh* for a 2 BHK. The all-in cost adds GST, stamp duty, registration and other charges. In Kerala, statutory charges are about 15% on top of the base price. Know all costs before booking.

Base Price


The base price is what you pay for the apartment itself. All areas are RERA carpet areas. Indicative pre-launch base prices at Prestige Urban Grove:

Type RERA Carpet Area Units Indicative Base Price
2 BHK 1,245–1,380 sq.ft 425 From ₹87 Lakh*
3 BHK 1,610–1,845 sq.ft 455 From ₹1.14 Cr*
3 BHK + Study 2,050–2,240 sq.ft 185 From ₹1.42 Cr*
4 BHK Sky Residence 2,680–2,950 sq.ft 115 From ₹1.98 Cr*

*Indicative pre-launch pricing. Subject to revision at the official launch on 05 October 2026. Confirm current pricing with the developer.

GST on Under-Construction Apartments


GST applies at about 5% on under-construction apartments in India. For a ₹87 Lakh 2 BHK, GST is about ₹4.35 Lakh. For a ₹1.14 Cr 3 BHK, it is about ₹5.70 Lakh. GST is paid in parts across construction milestones. It stops once the occupancy certificate is issued.

Stamp Duty and Registration (Kerala)


Stamp duty and registration are paid to the government at property registration. Current rates in Kerala:

  • Stamp duty: About 8% of the registered value.
  • Registration charges: About 2% of the registered value.

Total government charges are about 10% of the registered value. For an ₹87 Lakh apartment, this comes to about ₹8.70 Lakh. For a ₹1.14 Cr 3 BHK, it is about ₹11.40 Lakh. Confirm current rates at the Kerala Registration and Stamp Department (keralaregistration.gov.in) before booking.

Development and Other Charges


Other charges are added on top of the base price. These typically include:

  • Covered parking: Basement or stilt parking charges per slot.
  • Clubhouse and amenity charges: One-time fee for the 40,000 sq.ft clubhouse and common amenities.
  • Preferred location charges (PLC): For higher floors or premium-facing units.
  • Floor rise charge: Extra charge for units on upper floors.
  • Maintenance deposit: Collected at possession for common area upkeep.
  • Legal fees: Sale agreement, conveyance deed and registration paperwork.

Ask the developer for the full itemised cost sheet before signing any booking form.

Illustrative All-In Cost


The table below gives a sample all-in cost for a 2 BHK at ₹87 Lakh*. It is based on Kerala government rates. Final totals vary by floor, facing and registration value:

Component Basis Indicative Amount
Base price (2 BHK, ~1,245 sq.ft carpet) Pre-launch indicative ₹87 Lakh*
GST ~5% of base price ~₹4.35 Lakh
Stamp duty ~8% of registered value ~₹6.96 Lakh
Registration ~2% of registered value ~₹1.74 Lakh
Parking + PLC + amenity charges On request from developer To be confirmed
Maintenance deposit On request from developer To be confirmed
Indicative all-in (excl. parking & PLC) ~₹1.00 Cr

*All figures are indicative. Confirm the final cost sheet with the developer before booking.

EOI and Payment Plan


Phase 1 EOI is open. The EOI starts from ₹2 Lakh. It is refundable and varies by unit size. At the official launch, the EOI amount is adjusted into the 10% booking payment.

The payment plan is construction-linked. You pay as construction progresses. The official plan is confirmed at the launch on 05 October 2026. Home loans are available once Kerala RERA is registered. Confirm the RERA status with your bank before committing.

About the Project


Prestige Urban Grove is on Seaport-Airport Road (NH-544), Kakkanad, Kochi, Kerala 682037. It is built by Prestige Group. The project is on 12 acres with 7 towers of G+28 floors. It has 1,180 Vastu-compliant apartments. The project has 82% open space.

Kerala RERA registration is applied for and expected by 05 October 2026. Verify RERA status on the Kerala RERA portal (rera.kerala.gov.in) before making any payment or signing any agreement.

FAQs


1. What is the all-in cost of a 2 BHK at Prestige Urban Grove?

The base price starts at ₹87 Lakh*. GST adds about ₹4.35 Lakh, stamp duty about ₹6.96 Lakh and registration about ₹1.74 Lakh. The total is about ₹1.00 Cr before parking and other charges. Get the full cost sheet from the developer for exact figures.

2. What stamp duty and property registration costs should buyers expect in Kerala?

Stamp duty is about 8% and registration is about 2% of the registered value in Kerala. Total government charges are about 10%.

3. Is GST applicable on Prestige Urban Grove apartments?

Yes. GST is about 5% on under-construction units. It is paid in parts across construction milestones. It stops after the occupancy certificate is issued.

4. What is the EOI amount for Prestige Urban Grove?

The EOI starts from ₹2 Lakh. It is refundable and varies by unit size. It is adjusted into the 10% booking amount at the official launch on 05 October 2026.

5. Is Prestige Urban Grove RERA registered?

Kerala RERA registration is applied for and expected by 05 October 2026. Verify on the Kerala RERA portal (rera.kerala.gov.in) before booking.

6. When is the launch of Prestige Urban Grove?

The public launch is on 05 October 2026. Phase 1 EOI is open now for priority unit selection.

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