​ Godrej Parkshire — Godrej 1% Payment Plan | RERA, Possession & FAQs
Godrej Properties

Godrej Parkshire — 1% Payment Plan

Sarkariguttahalli Village, Kasaba Hobli, Hosakote, Bengaluru Rural, Bengaluru, Karnataka

Overview

Godrej Parkshire is a residential group housing project by Godrej Properties Limited in Sarkariguttahalli Village, Kasaba Hobli, Hosakote, Bengaluru Rural, Bengaluru. This project is eligible under the Godrej 1% Payment Plan. RERA: PRM/KA/RERA/1250/304/PR/090126/008393. To know more about the project and what’s included under the 1% plan, please click on the enquire button or call us on +91 8095956081.

Sales Status

Sustenance

Construction Status

Under Construction – Basement Stage

Developer

Godrej Properties Limited

For Inquiry Contact

+91 8095956081

Configurations & Pricing

Configuration SBU (sq.ft.) Agreement Value (₹ Cr) AV + GST (₹ Cr) AV + GST + SDR (₹ Cr)
2 BHK Premium 1,095 sq.ft. (SBU) ₹1.25 Cr – ₹1.40 Cr ₹1.31 Cr – ₹1.47 Cr (AV + 5% GST) ₹1.41 Cr – ₹1.58 Cr (AV + 5% GST + 7.6% SDR)
2 BHK Luxe 1,228 sq.ft. (SBU) ₹1.40 Cr – ₹1.60 Cr ₹1.47 Cr – ₹1.68 Cr (AV + 5% GST) ₹1.58 Cr – ₹1.81 Cr (AV + 5% GST + 7.6% SDR)
3 BHK Premium 1,634 sq.ft. (SBU) ₹1.67 Cr – ₹1.90 Cr ₹1.75 Cr – ₹2.00 Cr (AV + 5% GST) ₹1.89 Cr – ₹2.15 Cr (AV + 5% GST + 7.6% SDR)
3 BHK Luxe 1,750 sq.ft. (SBU) ₹1.90 Cr – ₹2.25 Cr ₹2.00 Cr – ₹2.36 Cr (AV + 5% GST) ₹2.15 Cr – ₹2.54 Cr (AV + 5% GST + 7.6% SDR)

Exact Payment Structure

Stage Timing Amount
Booking amount At booking 5% of Agreement Value
Second tranche Within 15 days of booking 5% of Agreement Value
Third tranche Within 45 days of booking 10% of Agreement Value
Total upfront Within first 45 days 20% of Agreement Value
Monthly installments Every month during construction 1% of Agreement Value per month
Construction milestones At defined stages (e.g. terrace slab) As per Agreement for Sale
OC balance At Occupation Certificate Remaining balance
Total Over construction period 100% of Agreement Value

Location Advantages

Connectivity

  • Old Madras Road – 7 mins*
  • Hoskote Industrial Area – 16 mins*
  • Hope Farm Junction – 20 mins*
  • Whitefield Main Road – 22 mins*
  • KIADB Aerospace Park – 35 mins*

Commute and Transport

  • Satellite Town Ring Road (STRR) – 10 mins*
  • Whitefield Metro Station (Namma Metro) – 22 mins*
  • Whitefield Railway Station – 22 mins*
  • Kempegowda International Airport – 40 mins*

Recreational and Lifestyle Hubs

  • Orion Uptown Mall – 12 mins*
  • Decathlon OMR – 16 mins*
  • INOX SBR Horizon – 18 mins*
  • Vivanta Bengaluru Whitefield – 24 mins*
  • Nexus Shantiniketan Mall – 28 mins*
  • Phoenix Marketcity – 28 mins*

Tech Parks and Employment Hubs

  • Bearys Global Research Triangle – 15 mins*
  • Brigade Signature Towers – 16 mins*
  • International Tech Park Bangalore – 24 mins*
  • ITPL – 25 mins*
  • RMZ Infinity – 28 mins*
  • Bagmane World Technology Centre – 30 mins*
  • EPIP Zone – 30 mins*

Schools and Colleges

  • Delhi Public School – 8 mins*
  • Winmore Academy – 9 mins*
  • The Polaris International School – 10 mins*
  • One World International School – 14 mins*
  • New Baldwin School – 16 mins*
  • MVJ Engineering College – 18 mins*
  • National Public School – 22 mins*
  • Orchids International School – 30 mins*

Healthcare Facilities

  • Siliconcity Hospital – 7 mins*
  • MVJ Medical College and Research Hospital – 10 mins*
  • Sathya Sai Orthopedic and Multispecialty Hospital – 16 mins*
  • East Point Hospital – 20 mins*
  • Manipal Hospital Whitefield – 24 mins*
  • Vydehi Hospital – 24 mins*
  • Aster Whitefield Hospital – 24 mins*

Micro-Market Understanding

Market Overview

Hoskote is emerging as a high-potential residential corridor in East Bangalore, driven by its strategic location between Whitefield and key industrial zones. Traditionally known as an industrial hub, Hoskote is now witnessing a shift towards organized residential development, making it attractive for both end-users and long-term investors.

Growth Story

The growth of Hoskote is anchored on three key pillars:

1. Whitefield Spillover Effect

With Whitefield reaching saturation in terms of pricing and density:

  • Buyers are moving outward in search of affordable alternatives
  • Hoskote offers significantly lower entry prices
  • Travel time remains within 20–25 minutes, making it a viable residential option

This creates a strong end-user demand pipeline

2. Industrial & Employment Backbone

Hoskote is not just a residential extension—it has a self-sustaining economic base:

  • Presence of Hoskote Industrial Area
  • Proximity to KIADB zones and logistics hubs
  • Growing warehousing and manufacturing activity

This ensures consistent rental demand and workforce-driven housing needs

3. Infrastructure-Led Appreciation

Upcoming and existing infrastructure is a major catalyst:

  • Satellite Town Ring Road (STRR) improving regional connectivity
  • Access to Old Madras Road (NH 75)
  • Connectivity to Namma Metro via Whitefield
  • Improved access to Kempegowda International Airport

Infrastructure expansion is expected to unlock land value appreciation over the next 5–10 years

Price Positioning Advantage

  • Hoskote is currently 30–40% more affordable than core Whitefield
  • Offers larger homes at lower ticket sizes
  • Ideal for first-time homebuyers and budget-conscious IT professionals
“Early-entry market with future upside potential”

Buyer Profile

  • First-time homebuyers
  • Salaried professionals working in Whitefield / ITPL
  • Industrial workforce (mid-management & above)
  • Long-term investors looking for appreciation

Developer Activity & Market Maturity

  • Increasing entry of branded developers like Godrej Properties
  • Shift from plotted developments to integrated apartment communities
  • Gradual improvement in social infrastructure (schools, hospitals, retail)

Indicates transition from "emerging" to "establishing" micro-market

Competitive Landscape

Compared to Whitefield:

  • Lower price
  • Slightly longer commute
  • Higher appreciation potential

Compared to Budigere / Old Madras Road belt:

  • More industrial demand
  • Better price entry
  • Faster land absorption

The 1% Payment Plan — Applied to Godrej Parkshire

Step-by-Step Workflow

  1. Booking: 5% of the Agreement Value is paid as the booking amount.
  2. Registration: Registration charges are paid at the time of executing the Agreement for Sale.
  3. Q1 Top-up: The total payment is brought up to 20% of the Agreement Value within the first quarter from booking.
  4. Construction-Linked Tranches: At each construction milestone, a defined tranche is invoiced as per the Agreement for Sale schedule.

How it will work for this project (with demo illustration of the calculation)

2 BHK Premium Sample Calculation

Total Agreement Value

₹1,23,37,199

Total Cost to Customer

₹1,32,19,005

Milestone % Amount (₹) Calculation Logic
On Booking 5% ₹6,47,703 5% of Agreement Value + 5% GST on that value
Within 15 days of Booking 5% ₹6,47,703 5% of Agreement Value + 5% GST on that value
Within 45 days of Booking or before 30 June 2026 (whichever is earlier) 10% ₹12,95,406 10% of Agreement Value + 5% GST on that value
On or before 5 July 2026 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 August 2026 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 September 2026 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 October 2026 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 November 2026 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 December 2026 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 January 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 February 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 March 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 April 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 May 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 June 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 July 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 August 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 September 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 October 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On or before 5 November 2027 1% ₹1,29,541 1% of Agreement Value + 5% GST on that value
On Completion of Terrace Slab 33% ₹42,74,839 33% of Agreement Value + 5% GST on that value
On Receipt of Occupation Certificate 20% ₹25,90,812 20% of Agreement Value + 5% GST on that value
On Notice of Possession 10% ₹12,95,406 10% of Agreement Value + 5% GST on that value
Advance Maintenance & Sinking Fund Charges — ₹2,64,946 Payable separately; not part of the Agreement Value

Additional Stamp Duty and Registration (SDR) charges of approximately 7.6% are payable at the time of possession.

To know more about the project and what’s included under the 1% plan, please click on the enquire button or call us on +91 8095956081.

This illustration is for representation purposes only. The actual calculation and monthly payout may vary depending on the (i) unit selected (ii) associated charges for that unit and (iii) the offers available at project marketing office.

This payment plan is based on a 2 BHK unit with a Total Agreement Value of ₹1,23,37,199 and a Total Cost to Customer of ₹1,32,19,005 (including GST). The 1% monthly payment of ₹1,29,541 applies from July 2026 through November 2027 (19 months). On completion of the terrace slab, 33% of AV + GST (₹42,74,839) becomes payable. At receipt of the Occupation Certificate, 20% of AV + GST (₹25,90,812) is due, followed by 10% of AV + GST (₹12,95,406) on notice of possession. An additional 7.6% towards Stamp Duty and Registration (SDR) is payable at the time of possession. Advance Maintenance and Sinking Fund Charges of ₹2,64,946 are payable separately. All amounts are inclusive of 5% GST on the Agreement Value component.

Use the 1% Plan Calculator to model alternate budgets for Godrej Parkshire.

RERA: Possession & OC Timelines

RERA Number

PRM/KA/RERA/1250/304/PR/090126/008393

RERA Portal

Verify on State RERA portal

RERA Certificate

https://rera.karnataka.gov.in/certificate?CER_NO=PRM/KA/RERA/1250/304/PR/090126/008393

Possession (RERA)

December 2030

Possession (GPL Target)

December 2029

OC (RERA)

Not yet disclosed

OC (GPL Target)

Not yet disclosed

Floor Plans

2 BHK Luxe

RERA Carpet Area: 68.27 sq.mts. (734.86 sq.ft.)

Saleable Area: 113.75 sq.mts. (1,224.35 sq.ft.)

Godrej Parkshire 2 BHK Luxe floor plan – RERA Carpet Area 68.27 sq.mts. (734.86 sq.ft.), Saleable Area 113.75 sq.mts. (1,224.35 sq.ft.)

3 BHK Premium

RERA Carpet Area: 88.88 sq.mts. (956.70 sq.ft.)

Saleable Area: 151.82 sq.mts. (1,634.14 sq.ft.)

Godrej Parkshire 3 BHK Premium floor plan – RERA Carpet Area 88.88 sq.mts. (956.70 sq.ft.), Saleable Area 151.82 sq.mts. (1,634.14 sq.ft.)

3 BHK Luxe

RERA Carpet Area: 95.93 sq.mts. (1,032.59 sq.ft.)

Saleable Area: 162.59 sq.mts. (1,750.06 sq.ft.)

Godrej Parkshire 3 BHK Luxe floor plan – RERA Carpet Area 95.93 sq.mts. (1,032.59 sq.ft.), Saleable Area 162.59 sq.mts. (1,750.06 sq.ft.)

Frequently Asked Questions

About the 1% Payment Plan

What is the Godrej 1% Payment Plan?

The Godrej 1% Plan is a payment structuring mechanism. The buyer pays 20% of the Agreement Value within the first 45 days (5% at booking, 5% within 15 days, 10% within 45 days), then 1% of the Agreement Value every month during construction. The remaining balance is paid at construction milestones and upon the Occupation Certificate (OC). The total property price is unchanged — the plan only restructures when payments are made, not how much is paid.

How much do I need to pay upfront under the Godrej 1% Plan?

Exactly 20% of the Agreement Value, paid in three tranches within 45 days: 5% at booking, 5% within 15 days, and 10% within 45 days. The upfront amount is always 20% — it is not variable or approximately 10-20%.

Does the 1% Plan reduce the entry barrier or make homes cheaper?

No. The total property price (Agreement Value) remains unchanged. The buyer pays 100% of the Agreement Value. The 1% Plan only redistributes the payment timeline — 20% within 45 days, then 1% monthly, then balance at milestones. It does not reduce the cost, lower the entry barrier, or provide any discount.

What does the 1% refer to in the Godrej 1% Plan?

The 1% refers to the monthly installment during the construction period — each month, the buyer pays 1% of the total Agreement Value. It does not refer to the booking amount, which is 5% of the Agreement Value.

If the project is already 40–50% complete, what is the initial payment required?

Even if the project is 40–50% complete, you typically start with a 20% upfront only and not more (agreement value)

How does this payment structure help buyers in post-launch stages?

Since the initial commitment remains at 20%, with the rest linked to construction progress, the financial pressure is lighter in the early stages, making it easier to enter even after the launch phase

How do I contact the Godrej Parkshire sales office?

To know more about the project and what's included under the 1% plan, please click on the enquire button or call us on +91 8095956081.

Common Misconceptions

Is the upfront amount approximately 10–20%?

The upfront payment is 20% of the value

Does the 1% Plan reduce the entry barrier or make homes cheaper?

No, it doesn’t make the entry barrier easy or home cheaper, the 1% Plan is designed to make payments more convenient by spreading them out over time

General Project FAQs

Where exactly is the project located?

Godrej Parkshire is located in Hoskote, East Bangalore, next to NH-648, offering easy access to major IT hubs

Who is the developer?

The project is developed by Godrej Properties, one of India's most trusted real estate brands

Is the project RERA approved?

Yes

What is the possession timeline?

December 2030

What configurations are available?

2BHK and 3BHK

Pricing & Costing FAQs

What is the starting price?

1.32cr on wards

What are the additional charges?

GST, PLC, FRC, AM, SDR

Are there any hidden costs?

No there are no hidden charges

1% Payment Plan FAQs

What is the 1% payment plan?

The Godrej 1% Plan is a payment structuring mechanism. You pay 20% of the Agreement Value within the first 45 days (5% at booking + 5% within 15 days + 10% within 45 days), then 1% of the Agreement Value every month during construction. The remaining balance is paid at construction milestones and at the Occupation Certificate. The total property price is unchanged

Does the 1% include GST and registration?

No. GST and Stamp Duty + Registration (SDR) are payable separately by the buyer and are not included in the 1% calculation base

How much do I need to pay upfront?

Exactly 20% of the Agreement Value, paid in three tranches within 45 days: 5% at booking, 5% within 15 days, and 10% within 45 days. The upfront amount is always 20%

When does the home loan EMI start?

After the initial 20% payment is completed within the first 45 days, home loan disbursement can begin as per bank norms

Can I prepay or exit the 1% plan?

No, the 1% Plan follows a fixed payment schedule as per the Agreement for Sale

Location & Connectivity FAQs

How far is Whitefield?

20 min from whitefield

Is metro connectivity available?

Yes its available

How far is the airport?

50 min from airport

Investment & Decision-Making FAQs

Is this a good investment?

Yes, due to: Rapid infrastructure growth in East Bangalore, Proximity to IT corridors, Upcoming metro expansion

Who is this project ideal for?

First-time homebuyers, IT professionals working in Whitefield, Long-term investors

Construction & Quality FAQs

What is the current construction status?

Under Construction, Basement

Conflict Handling FAQs

Why should I buy in Hoskote instead of Whitefield?

You get larger homes at lower prices with future appreciation potential, while still being close to Whitefield

Isn't Hoskote too far or underdeveloped?

Not anymore—Hoskote is seeing rapid infrastructure growth, highways, and planned metro connectivity

Why is this priced higher than nearby local builders?

Trusted brand (Godrej Properties), Better construction quality, Modern amenities & community living

What if the project gets delayed?

Being a reputed developer, delays are rare—and RERA ensures accountability and compensation clauses

Is the 1% plan really beneficial?

The 1% Plan restructures the payment timeline so that after the initial 20% (paid within 45 days), monthly outflows are predictable at 1% of the Agreement Value per month. The total cost remains the same — only the schedule changes from irregular lump sums to consistent monthly payments

Closing-Oriented FAQs

What is the best unit available now?

Premium-facing units (park view / corner units) are currently in high demand and offer better long-term value

Are there any current offers?

1 percent payment plan

How do I block a unit?

Token amount of 5 percent

RERA Registration: PRM/KA/RERA/1250/304/PR/090126/008393, available at website: http://rera.karnataka.gov.in. Site Address: Godrej Parkshire, SY NO 36/1, 36/2, 36/3, 36/4A1, 36/4A2, 36/4B1, 36/4B2, 36/5, 36/6, 36/7, 36/8, 36/9, 66/1, 66/2, 66/3, 67/1A1, 67/1A2, 67/1A3, 67/1B1, 67/1B2, 67/1B3, 67/2, 67/3, 67/4, 68/1, 68/2, 68/3, 68/4 AND 68/5, Sarkariguttahalli Village, Kasaba Hobli, Hosakote, Bengaluru Rural, Karnataka — 562114. The project is registered as Godrej Parkshire. The official website of Godrej Properties Ltd. is www.godrejproperties.com. Do not rely on information provided on any other website. The sale is subject to the terms of the application form, allotment letter, and Agreement for Sale. The specifications and amenities mentioned in the Agreement for Sale and/or uploaded on the Karnataka RERA website are final and binding on the Developer and Purchaser. Recipients are advised to verify all relevant information of the Project prior to making any purchase decisions. *This refers to the payment plan offer. Refer to payment terms as mentioned in the Agreement for Sale. The offer is at the sole discretion of the developer and is available for a limited time period. Date of publication: 14 April 2026. T&C Apply.