Payment Plan at Nambiar's Beverly Green

Nambiar Builders has not published a payment schedule for this project. Nothing has been released — no milestone list, no percentages, no due dates — and this page invents none of them. What it offers instead is an illustrative account of how construction-linked payment normally runs when a built villa is sold: the shape of the instrument, the stages it usually keys to, and the questions worth asking about it, so that the real schedule can be read intelligently when it does arrive. The binding terms will come with the K-RERA-registered agreement for sale, and ahead of that nothing commits either side.

What is being conveyed at Nambiar's Beverly Green is a completed G+2 villa rather than a land parcel for the buyer to build on, and that is why the distinction matters. A land sale is paid outright; this is construction-linked territory, where the buyer pays against progress on a house the developer is building, over the period the building takes. Indicative pricing runs from ₹5.48 Cr for a 35 × 55 and ₹6.82 Cr for a 40 × 63, within a band of ₹5.48 Cr to ₹7.29 Cr — figures that carry the development and infrastructure charge and 5% GST inside them, and leave registration and stamp duty outside.

No registration number has been allotted yet: K-RERA registration for this project has been applied for; approval is expected by 20 August 2026. Without it there is no registered agreement for sale, and without that agreement there is no enforceable payment schedule. Every figure quoted at this stage is an indicative marketing reference and can change. Check the status at rera.karnataka.gov.in.

Two companion pages belong beside this one: the cost sheet explainer sets out what the total is assembled from, and charges and GST deals with the heads that sit outside it.

How a Construction-Linked Plan Works

Nambiar's Beverly Green indicative villa costing heads

One job defines a construction-linked plan: it breaks the total into instalments and ties each one to an event on site that can be verified. Money comes in as the house rises, and the developer builds from the proceeds. Three features characterise the instrument, and all three are worth understanding before any numbers get attached to them.

Instalments key to milestones, not to dates

What triggers a demand is a physical stage being reached — a slab cast, a structure topped out, a stage of finishing completed — and not a date on the calendar. Slow work means slow demands. That is where the buyer's principal protection lies in this form of plan, and it is the reason the milestone definitions in the agreement carry more weight than the percentages hung on them.

The stages a villa plan usually keys to

The build itself dictates the natural stages for a G+2 villa: an amount at booking, a further amount when the agreement is executed, then a run that tracks excavation and foundation, the ground-floor slab, the first-floor slab, the second-floor slab carrying the terrace level, blockwork and roofing, internal plaster, flooring and joinery, external finishing and services, and a final tranche at handover alongside registration. How the total is divided across those stages is not something we can state for this project — Nambiar has published no schedule for it. Treat any percentage attributed to this project as unsourced until it turns up in the registered agreement.

Demands are raised in writing, against evidence

Three things belong on a demand note: the milestone named, the amount stated, and enough particularity that it can be checked against the site. Before releasing funds a buyer is entitled to ask for evidence that the stage has genuinely been reached, and a lender disbursing in tranches will normally insist on the same evidence independently.

Where the Binding Schedule Comes From

Nambiar's Beverly Green K-RERA status — registration not yet issued

At the pre-launch stage two points of law bear directly on payment, and each of them runs in the buyer's favour.

The 10% limit before an agreement for sale

Under Section 13(1) of the Real Estate (Regulation and Development) Act, 2016 a promoter may not accept more than ten per cent of the cost of the apartment, plot or building as an advance payment or application fee unless a written agreement for sale has first been entered into and registered. Whatever the money is called — token, application fee, expression of interest — the cap covers all of it. The statute itself is at indiacode.nic.in.

The schedule lives in the registered agreement

That same section also fixes what the agreement for sale must contain: the particulars of development, the specifications, the dates and manner in which payments are to be made, the date of handover, and the interest each side owes the other on default. In that document this project's payment schedule will exist in binding form for the first time. Until K-RERA registration is granted and the agreement executed, there is simply no schedule to sign up to — which is also why this site talks in expression-of-interest terms rather than booking terms.

What to check when the schedule is published

Whether each milestone is defined physically and unambiguously, so that "first-floor slab" cannot be read two ways
Whether the amount collected before the registered agreement stays inside the statutory ten per cent
What interest the developer pays the buyer on delay, and the buyer pays on late instalments — the agreement must state both
Whether GST is shown on each instalment or only on the total, and at what rate
When the development and infrastructure charge and any preferential-location charge fall due, since both form part of the base sale value
Whether registration and stamp duty are collected at the final tranche, and on what value they are computed

Planning the Cash Flow

Whatever the schedule turns out to say, three cash-flow facts at this ticket size are worth planning around now.

The self-funded portion arrives early

A lender funds a proportion of the property value; the buyer funds the remainder, and the buyer's share is generally spent first, before any disbursement starts. Across the ₹5.48 Cr to ₹7.29 Cr band that opening requirement is a substantial sum in absolute terms. The practical step is to work it through on the EMI calculator before committing to anything.

Registration and stamp duty are separate, and late

Excluded from the quoted price and usually outside what a lender will fund, these fall due around registration of the sale deed — at the very end, by which point the self-funded reserve has already gone. Keep them as a separate pot rather than folding them into the instalment plan.

Interest during construction

Most lenders, on a loan disbursing in tranches, charge interest only on what has actually been released until the loan is fully drawn, with full EMIs starting after that. Exact treatment differs between lenders and lives in the sanction letter, not in anything published by the developer.

What we can confirm today

The indicative band is ₹5.48 Cr to ₹7.29 Cr, at ₹13,499 per sq.ft. of saleable area
Those figures include the development and infrastructure charge and 5% GST
Registration, stamp duty and maintenance fall outside them
No payment schedule, launch date or possession date has been announced, and we do not publish one
K-RERA registration has been applied for; approval is expected by 20 August 2026 and no number has been allotted

Frequently Asked Questions

1. What is the payment plan for Nambiar's Beverly Green?

There is none published. No payment schedule has been released by Nambiar Builders for this project, and no milestone percentages for it exist in the public domain. Once registration is granted, the binding schedule will form part of the K-RERA-registered agreement for sale.

2. Then what is this page for?

To set out, by way of illustration, what a construction-linked plan of this type normally contains: instalments tied to milestones, the stages a villa build usually keys to, and the statutory limits on what may be collected before an agreement — so that the actual schedule can be read critically the moment it appears.

3. How much can the developer collect before an agreement for sale?

Ten per cent of the cost of the unit is the ceiling, set by Section 13(1) of the Real Estate (Regulation and Development) Act, 2016, on what may be collected in advance before a written agreement for sale is entered into and registered. However the up-front sums are labelled, the cap catches all of them.

4. Is the payment linked to construction stages or to dates?

To stages, in a construction-linked plan. A physical milestone rather than the calendar is what triggers each instalment, and that is why the definitions of those milestones in the agreement matter as much as the amounts do.

5. Does GST apply to each instalment?

The sale of the under-construction villa attracts GST at 5%, and the indicative figures published on this site already include it. How it is presented — instalment by instalment, or only against the total — is a matter for the schedule, and one of the things to check when that schedule is issued.

6. Can I reserve a villa now?

Registering your interest is what is possible now: it puts you on the list for the current indicative figures and for the schedule when it is released. It gives you no right over any particular plot, and no booking should be made until K-RERA registration is in place.