Cost of 3 BHK in Prestige Falcon City Reserve
The cost of 3 BHK in Prestige Falcon City Reserve starts from ₹2 Crore onwards for a big flat between 1,830 sq. ft. and 1,970 sq. ft. This project is in Konanakunte on Kanakapura Main Road, South Bangalore. The base price for these 3 BHK homes is between ₹10,500 and ₹14,000 per sq. ft. Please remember that ₹2 Crore is only the starting base price. Your final price will go up after you add floor rise charges, location charges (PLC), GST, and government registration fees. Because the project is in its early stage, you can buy at a lower price now before rates go up during construction.
Complete Breakdown of the 3 BHK Price & Configurations
Not all 3 BHK flats in this 41-acre project have the same price. The builder gives you three different 3 BHK sizes to match your family size and budget. Whether you want a regular 3-bedroom flat or a bigger one with a study room, the flat size and booking amount (EOI) will change.
| 3 BHK Layout Variant | Super Built-Up Area (Sq. Ft.) | Indicative Base Price | Expression of Interest (EOI) Amount |
|---|---|---|---|
| 3 BHK + 2 Toilets (2T) | ~1,830 sq. ft. | ₹2.00 Crore* Onwards | ₹15 Lakhs |
| 3 BHK + 3 Toilets (3T) | ~1,900 sq. ft. | ₹2.10 Crore* Onwards | ₹20 Lakhs |
| 3 BHK + Home Office / Maid Room | ~1,970 sq. ft. | ₹2.25 Crore* Onwards | ₹25 Lakhs |
*Note: These are starting base prices. The exact price depends on which tower and flat you pick.
Additional Charges Beyond the ₹2 Crore Base Price
Many homebuyers make the mistake of planning their budget using only the starting price. When checking the cost of 3 BHK in Prestige Falcon City Reserve, you must ask the sales team for a "total cost sheet".
Here are the extra charges that will add to your final bill:
- Floor Rise Charges: This project has 7 tall towers. If you buy a flat on a higher floor (usually above the 4th or 5th floor), the builder charges extra money for every floor you go up.
- Preferential Location Charges (PLC): Corner flats, homes facing the clubhouse or swimming pool, and East- or North-facing Vaastu homes cost a little more.
- Car Parking & Clubhouse Fees: Your covered car parking space and clubhouse membership fees are added to the total price.
- Goods and Services Tax (GST): Because this project is still being built, you have to pay 5% GST on the total price.
- Stamp Duty & Registration: You pay this directly to the Karnataka government when the flat is ready. It is about 6.6% of the total property cost.
- Advance Maintenance & Corpus Fund: The builder collects this money before giving you the keys. It is used to take care of the gardens, open spaces, and clubhouse.
Pro Tip for Buyers: Keep an extra 12% to 15% over the base price ready for GST, stamp duty, registration, and floor rise charges. This way, you will not face any money surprises later.
Payment Plan for Prestige Falcon City Reserve 3 BHK
To make paying easy for buyers, the builder uses a Construction-Linked Payment Plan (CLP). You do not have to pay the full ₹2 Crore all at once. Instead, you pay in small steps as the building gets built:
- At the Time of Booking: Pay 10% of the flat cost (minus the EOI booking money you already paid).
- At the Time of Sale Agreement: Pay 10% within 30 to 45 days of booking.
- During Construction Milestones: Pay the remaining 80% in parts as the builder finishes the foundation, floors, brick walls, tiles, and final handover.
Price Comparison: How Does the 3 BHK Compare?
Before you buy, it is helpful to compare the cost of 3 BHK in Prestige Falcon City Reserve with other flat sizes in the same project and the ready flats next door.
| Comparison Category | Size Range | Starting Price | Key Takeaway |
|---|---|---|---|
| Reserve 2 BHK | 1,240 – 1,379 sq. ft. | ₹1.40 Crore* | ₹60 Lakh cheaper, but has less space for growing families. |
| Reserve 3 BHK | 1,830 – 1,970 sq. ft. | ₹2.00 Crore* | Best choice for big rooms and good future value. |
| Reserve 4 BHK | 2,450 – 2,726 sq. ft. | ₹3.00 Crore* | Costs ₹1 Crore more; good for very big families. |
| Phase 1 Ready 3 BHK (Resale) | 1,588 – 2,140 sq. ft. | ₹3.05 Cr – ₹3.70 Cr | Ready to move in now, but costs over ₹1 Crore more. |
Why Is the Price Justified?
As you can see in the table, ready 3 BHK flats in the older Phase 1 (Prestige Falcon City) are selling for ₹3.05 Crore to ₹3.70 Crore. When you buy in Prestige Falcon City Reserve at ₹2 Crore, you save over ₹1 Crore in the exact same location. You also get direct walking access to the Forum South Bengaluru Mall and the Konanakunte Cross Metro Station right outside the main gate.
