Sobha One World Payment Plan
Buying a home is a massive financial step, and the way you pay for it matters just as much as the price. The Sobha One World payment plan uses a highly buyer-friendly 10:10:80 construction-linked structure that spreads your costs out over several years. Instead of demanding a huge sum upfront, this plan breaks down your payments into smaller, predictable amounts tied directly to the building's actual progress. You start by paying a 10% booking amount, followed by another 10% when you sign the sale agreement. The remaining 80% is broken down into small installments that you only pay as different floors and structures of the project are built, leading up to the final handover.
This smart payment structure is designed for the new 450-acre township coming up in Hoskote, East Bangalore. It makes buying a premium home much less stressful for your wallet.
How the 10:10:80 Payment Plan Works
Instead of guessing when you need to pay, the developer links every payment to a clear construction milestone. If the building isn't moving, you don't pay. This timeline gives you a clear picture of how the money is divided.
| Construction Stage | What Triggers the Payment? | Amount Due |
|---|---|---|
| Stage 1 | Booking your flat (Initial Token/EOI) | 10% |
| Stage 2 | Signing the official Agreement of Sale | 10% |
| Stage 3 | Foundation and basement work is completed | 10% |
| Stage 4 | The 4th-floor roof slab is cast | 10% |
| Stage 5 | The 16th-floor roof slab is cast | 10% |
| Stage 6 | The 28th-floor roof slab is cast | 10% |
| Stage 7 | The 40th-floor roof slab is cast | 10% |
| Stage 8 | Internal brickwork and wall plastering are done | 5% |
| Stage 9 | Flooring, tiles, and inside plumbing are finished | 5% |
| Stage 10 | Getting the Occupancy Certificate (OC) and keys | 10% |
Getting Started: Initial Booking Amounts (EOI)
If you want to lock in early pricing before the official launch, you can submit an Expression of Interest (EOI). This is just an initial token amount to reserve your spot. The best part? This money isn't an extra fee—it counts toward your first 10% booking payment.
- 2 BHK Flats: ₹5 Lakhs initial token
- 3 BHK Flats: ₹8 Lakhs initial token
- 4 BHK Flats: ₹10 Lakhs initial token
Key Benefits and Advantages of this Payment Plan
For a regular homebuyer or investor, this specific payment route offers some massive financial advantages:
- Zero Financial Stress: You do not have to arrange 100% of the money right away. Because the remaining 80% is stretched over roughly 5 years, your household budget can breathe easily.
- Complete Financial Safety: Your risk is incredibly low. Since payments are construction-linked, you only hand over money after the work is visibly done. If construction slows down, your payments pause automatically.
- Lower Home Loan EMI Burden: If you take a bank loan, the bank doesn't release all the money to the builder at once. They pay in parts based on the table above. This means you only pay interest on the small amount released so far, saving you a lot of money during the construction years.
- High Capital Growth: You lock in the property at today's lower pre-launch price (around ₹14,720 per sq. ft.). As the building grows floor by floor, the market value of your flat increases, but your agreed purchase price stays exactly the same.
Frequently Asked Questions
What exactly does the 10:10:80 Sobha One World payment plan mean?
It means your payment is divided into three parts. You pay 10% to book the home, 10% when signing the official paperwork, and the remaining 80% in small steps only when specific construction milestones (like finishing certain floors) are met.
Is the initial Expression of Interest (EOI) token an extra charge?
No, it is not an extra charge. Once your flat is selected and confirmed, this token amount is deducted from your first 10% booking milestone. If you change your mind before allotment, this amount is fully refundable.
Are GST and registration charges included in these milestones?
The 5% GST is calculated on every step and added directly to your milestone bills. However, government charges like Stamp Duty and registration fees are completely separate. You will need to pay them directly to the sub-registrar office at the time of final handover.
What happens if the construction of the building gets delayed?
Your money is safe. Because the plan is strictly construction-linked, the builder cannot ask for the next payment until they actually finish that specific floor slab. If construction slows down, your payment demands are automatically pushed back.
Can I get a bank loan for this payment plan?
Yes, absolutely. Major banks like SBI, HDFC, ICICI, and Axis Bank have pre-approved this project. They are fully aware of the 10:10:80 structure and will automatically release the 80% balance in parts whenever the builder completes a milestone.
Is the payment plan different for NRI buyers?
The overall cost and percentages (10:10:80) remain exactly the same for Non-Resident Indians (NRIs). The only difference is that the paperwork and payment channels are routed through standard NRE or NRO bank accounts to keep things simple and legal under Indian regulations.
When do I have to pay for extra costs like floor rise or clubhouse fees?
Charges for premium views, higher floors (floor rise), clubhouse access, and advance maintenance are clearly written in your initial cost sheet. These costs are distributed smoothly across your payment timeline rather than being demanded all at once.
