SKA Group Payment Plan Details – How You Pay When Booking a Flat

SKA Group usually offers flexible and buyer-friendly payment plans tailored to different stages of project development. While exact amounts & percentages vary with each project (e.g., SKA Divine, SKA Atlantis, SKA Estate), the common formats include:

🔹 1. Construction Linked Payment Plan (CLP)

This is the most common plan for under-construction SKA projects (including Wave City / NH24 launches).

Typical Structure

✔ This spreads your payments across construction phases, reducing upfront burden.

🔹 2. Down Payment Plan

This plan lets you pay a larger portion upfront in exchange for a discount.

Typical Structure

✔ Great if you want to save on total cost and have funds available sooner.

🔹 3. Subvention / Bank-Linked Plan

Many SKA projects also offer bank-assisted payment plans where most construction cost is covered by the bank and you pay a smaller amount until possession.

Typical Structure

✔ Low initial cash requirement until possession, often with interest subsidy options (terms vary by project & bank).

💡 Example from a Typical Plan (Indicative, Not Fixed)

For a 3 BHK flat (e.g., SKA Destiny One example format — similar SKA approach):

• Booking: 10%

• Commencement of construction: 10%

• Plinth completion: 10%

• 1st floor slab: 10%

• 5th floor slab: 10%

• 10th floor slab: 10%

• 15th floor slab: 10%

• External plaster: 10%

• Possession: 20%
  → (This is just an illustrative breakdown and specific numbers vary by project and phase.)

📌 What’s Usually Included in the Payment Plan

SKA Group’s pricing and payment structure typically includes:
🔹 Base Price (rate per sq. ft.)
🔹 Development Charges / Infrastructure Charges
🔹 Car Parking Charges (often extra & optional)
🔹 Club Membership Fees
🔹 GST (applicable at current govt. rates)
🔹 Maintenance Advance / Corpus Fund
(Always request a full price breakup before booking.)

📍 How to Choose the Right Payment Plan

✔ If you want lower upfront cost

👉 Go for CLP or Bank/Subvention Plan
➡ Pay smaller percentages during construction and delay larger payments toward possession.

✔ If you have funds now and want savings

👉 Choose Down Payment Plan
➡ Often cheaper overall — the developer may offer a discount.

✔ If you want minimal monthly strain

👉 Subvention or bank linkage allows easy installments with minimal out-of-pocket until possession.

📞 Important Tip Before Booking

When contacting the SKA sales team, always ask for:

✔ The detailed payment schedule with exact percentages
✔ Price breakup (base price, extra charges, taxes)
✔ Whether there are early booking offers or festival/launch discounts
✔ Any penalty clauses for late payment
✔ RERA details and delivery timeline

📞 SKA Sales Office Contact: 7827979955

Summary – Typical SKA Group Payment Plans