Checklist Before Booking an Under-Construction Flat in Bangalore

Having a clear checklist before booking an under-construction flat in Bangalore is the best way for homebuyers and investors to keep their money safe. It also helps you get lower prices and modern features. Buying a home while it is still being built has many benefits. You get easy payment plans, the chance to pick your favorite unit, and higher property value by the time you get the keys. However, Bangalore's property market moves very fast. You need to carefully check legal papers, the builder's past work, extra costs, and the local area. When you look for a safe and high-value upcoming project in South Bangalore, Prestige Falcon City Reserve is a great example. Located on Kanakapura Main Road in Konanakunte, this new luxury apartment phase by the trusted Prestige Group shows everything a buyer should look for in an under-construction home.
Essential Steps in Your Pre-Booking Checklist
Before you sign any papers or pay a booking amount, make sure you check these main points:
- Check RERA Registration and Land Papers: Always make sure the project is registered with Karnataka RERA. Also, check that the land ownership papers are clear and approved by BBMP or BDA.
- Check the Builder's Past Work: Pick a famous and trusted builder who has a habit of finishing big projects on time with good quality.
- Ask for the Full Cost Sheet: Do not just look at the basic price per square foot. Ask for a clear list of all extra costs like GST, high-floor charges, prime view charges, clubhouse fees, car parking, and maintenance funds.
- Check the Payment Plan: Choose a payment plan linked to construction steps instead of paying everything upfront. This means you only pay money when actual building work finishes on the site.
- Check Roads and Nearby Places: Make sure the project is close to working metro stations, main roads, good schools, hospitals, and shopping malls. This makes daily life easy and gets you good rent later.
Spotlight Project: All About Prestige Falcon City Reserve
When you use this checklist to find a real home, Prestige Falcon City Reserve comes out on top. It is a major residential project on Kanakapura Road, Konanakunte, South Bangalore. Built by the famous Prestige Group, this new phase is part of the huge 41-acre Prestige Falcon City township.
Master Plan and Architecture
The township keeps 75% of its land open for green spaces, gardens, and safe walking paths. It has 7 tall towers with G+30 floors and a total of 2,520 modern luxury flats. Every flat is built according to Vastu rules and gets plenty of fresh air and sunlight.
Unit Configurations and Indicative Pricing
Prestige Falcon City Reserve offers big 2, 3, and 4 BHK flats for families of all sizes, with base prices between ₹10,500 and ₹14,000 per sq. ft.:
- 2 BHK Apartments: Sizes range from 1,240 to 1,379 sq. ft., with starting prices from ₹1.4 Crore onwards (booking amount is around ₹12 to ₹15 Lakh).
- 3 BHK Apartments: Sizes range from 1,830 to 1,970 sq. ft., starting from ₹2 Crore onwards (booking amount is ₹15 to ₹25 Lakh based on the layout and study room options).
- 4 BHK Apartments: Large homes from 2,450 to 2,726 sq. ft., starting at ₹3 Crore onwards (booking amount is around ₹30 Lakh).
Payment Plan and Timelines
The project offers an easy construction-linked payment plan. You pay 10% at booking, 10% when signing the agreement, and the remaining 80% in steps as the building comes up. Phase 1 is already finished and families are living there (RERA ID: PRM/KA/RERA/1251/310/PR/170913/000114). The new Reserve phase launched in 2026 and is expected to be ready for handover by December 2031.
Unmatched Location and Amenities
The project sits right across from the Konanakunte Cross Metro Station on the Green Line (0 metres walk). It also has a direct gate inside the township to the big Forum South Bengaluru Mall. Residents get great facilities like a large clubhouse, swimming pools, tennis and squash courts, a mini theatre, an exercise room, a walking park, and a party hall. Top schools and hospitals like RMS International School and Cura Hospitals are less than 1 km away.
Frequently Asked Questions (FAQs)
Q1: Why do I need a checklist before booking an under-construction flat in Bangalore?
A checklist helps you check RERA approvals, land papers, the builder's history, and the full cost sheet. This saves you from late handovers and hidden costs.
Q2: Where is Prestige Falcon City Reserve located?
It is in Konanakunte on Kanakapura Main Road, South Bangalore, right opposite the Konanakunte Cross Metro Station and next to Forum South Bengaluru Mall.
Q3: What are the apartment configurations and sizes in Prestige Falcon City Reserve?
The project has 2 BHK (1,240–1,379 sq. ft.), 3 BHK (1,830–1,970 sq. ft.), and 4 BHK (2,450–2,726 sq. ft.) luxury flats.
Q4: What is the starting price of flats at Prestige Falcon City Reserve?
Starting base prices are ₹1.4 Crore for a 2 BHK, ₹2 Crore for a 3 BHK, and ₹3 Crore for a 4 BHK. Taxes, registration, and floor-rise costs are extra.
Q5: How does the payment plan work for Prestige Falcon City Reserve?
You pay 10% when booking, 10% when signing the agreement, and the remaining 80% in parts as the building work moves forward.
Q6: What is the expected possession date for the Reserve phase?
Prestige Falcon City Reserve is expected to be finished and ready to move into by December 2031.
Q7: What makes Prestige Falcon City Reserve a strong long-term investment?
It is right next to the metro station, has direct access to Forum Mall, offers 75% open green space, and is built by the Prestige Group. This gives high property value growth and yearly rent returns of 4.2% to 4.8%.