Marbella Royce Tower Wise Payment Plan

Marbella Royce, spread across 8.01 acres on IT City Road, Sector 83A, Mohali, is developed across four super-luxury towers, and the Marbella Royce payment plan is not identical across all of them. Tower A follows its own construction-linked milestone structure, while Towers B, C and D share a separate schedule with an additional stilt-level stage before the higher floors begin. This is a common structure in large multi-tower developments, where each tower’s construction sequencing — foundation, stilt, floor-by-floor RCC casting, finishing — dictates when the next installment becomes due.

Before you plan your budget around any of the tables below, treat this page as a reference framework rather than a final, binding figure. Developer payment schedules for luxury under-construction projects are periodically revised — a milestone percentage split, the total number of installments, or even the payment-plan type itself (CLP vs a flexi or subvention option) can change between the time this guide was published and the day you actually book. Always request the current, dated payment plan document directly from Royals Property Consultant before signing an Application Form or paying a booking amount. Our team reconfirms the live schedule with the developer/channel partner before every client booking, at zero brokerage cost to you.

Tower A Payment Plan

Tower A at Marbella Royce runs on a six-stage construction linked plan. The largest single payment, aside from the booking amount, falls due only after the structure is substantially complete — a buyer-friendly sequencing that ties the bulk of your payment to visible construction progress rather than paperwork milestones.

Why Tower A Follows This Structure

Tower A front-loads 50% of the payment across the booking stage and the 20th-floor milestone, which lets the developer fund the initial vertical construction while giving the buyer a tangible sense of progress before the next major tranche is due. The remaining 50% is spread across four smaller milestones tied to the 30th floor, structure completion at the 40th floor, the finishing stage, and possession — a gradual tail-end structure that avoids one oversized payment near handover.

Cash Flow Advantages

Because 65% of the total cost is paid across the first three milestones and the balance 35% is spread over the last three, buyers with a salaried or business cash flow can plan the earlier, larger tranches around a home loan disbursement schedule while keeping the finishing-stage and possession payments smaller and more manageable — useful if your loan’s construction-linked disbursement pace slightly lags actual site progress.

Buyer Benefits

You are never asked to pay for construction that hasn’t happened — each tranche is triggered by a physical milestone (a specific floor slab or the finishing stage), which is verifiable during a site visit. This is a materially safer structure than a time-linked or subvention plan where payments fall due by calendar date regardless of actual progress on site.

Investment Suitability

For investors planning a pre-possession resale, Tower A’s structure keeps a larger share of capital deployed only after 40th-floor structure completion — meaning less capital is locked in during the early, higher-risk construction phase, which can improve exit flexibility if you choose to resell mid-construction.

Tower B, C & D Payment Plan

Towers B, C and D at Marbella Royce follow a seven-stage construction linked plan — one stage more than Tower A — because these towers include an explicit stilt-level milestone before the floor-wise stages begin.

Difference from Tower A

The core difference is the added stilt-level milestone (10%) and a lower 20th-floor tranche (15% instead of 25%) — the same 25% due after booking and 20th floor combined in Tower A is instead split across three smaller stages (stilt, then 20th floor) in Towers B, C and D. The finishing-stage and possession percentages remain identical across all four towers, so the structures converge again toward handover.

Why Construction Milestones Matter

A stilt-level milestone is significant in a 40+ floor tower because it confirms the foundation and parking/podium structure — the base the entire tower’s vertical construction depends on — is complete. Buyers tracking construction progress via site visits or the developer’s periodic construction updates should treat stilt completion as an early, meaningful checkpoint, distinct from and prior to any above-ground floor milestones.

Financial Planning for Buyers

With one additional milestone spread across a similar total, Tower B/C/D buyers see marginally smaller individual tranches in the early stages compared to Tower A, which can ease near-term cash flow for buyers relying on staggered home loan disbursement or bonus/business-income cycles rather than a single lump sum.

Construction Linked Payment Plan Explained

A Construction Linked Plan (CLP) ties each installment to a specific, physically verifiable stage of construction rather than to a fixed calendar date. At Marbella Royce, this means your payment obligation only advances when the tower’s structure genuinely progresses — from booking, through stilt and floor-wise RCC casting, to structure completion, finishing, and finally possession. This is the most widely used and buyer-protective payment model for large under-construction luxury developments in India, and it forms the backbone of both the Tower A and Tower B/C/D schedules above.

The core advantage of CLP over paying the full amount upfront is straightforward: your capital stays invested and earning elsewhere for longer, and your exposure to construction-delay risk on any single tranche is limited, since you haven’t yet paid for milestones that haven’t happened. The trade-off is that CLP schedules require more active tracking — you (or your consultant) need to periodically verify actual construction progress against what the developer’s demand notice claims, rather than assuming a milestone is complete just because a demand letter has arrived.

Booking Process

Booking a unit at Marbella Royce begins with unit and tower selection based on your budget and configuration preference (4 BHK or 5 BHK), followed by payment of the booking amount — typically the first CLP tranche, due within 30 days of booking as shown in both tower tables above. This is usually accompanied by an Application Form or Expression of Interest capturing your KYC details, followed by the formal Agreement for Sale once initial documentation and the booking amount are processed.

How to Pay

All payments toward Marbella Royce should be made strictly through official banking channels — cheque, RTGS/NEFT, or a home loan disbursement — directly to the developer’s registered project account, never in cash and never to a personal account of an individual sales representative or broker. This protects both the traceability of your payment for future tax and resale purposes, and your legal standing in case of any dispute. Royals Property Consultant, operating on a zero-buyer-brokerage model, facilitates this process for our clients without charging any commission on your side of the transaction.

Home Loan Process

Most Marbella Royce buyers finance a significant portion of their CLP installments through a home loan, disbursed by the bank in tranches that align with the construction-linked milestones rather than as a single lump sum. The typical home loan process starts with in-principle sanction based on your income and eligibility, followed by tranche-wise disbursement to the developer’s account as each CLP milestone is achieved and verified — meaning your EMI on the disbursed portion begins immediately, while the undisbursed loan amount remains interest-free until it is released.

Bank Finance

As a RERA-registered project, Marbella Royce is eligible for home loan financing from leading nationalised banks, private banks, and housing finance companies, typically financing 75–80% of the property value against a 20–25% buyer contribution. Banks that commonly finance projects of this profile in the Mohali/Aerocity corridor include SBI, HDFC, ICICI, Axis Bank, Punjab National Bank, Bank of Baroda, LIC Housing Finance, PNB Housing, and Bajaj Housing Finance, among others.

EMI Planning

Because Marbella Royce follows a CLP disbursement structure, your EMI does not start at the full loan amount from day one — most banks offer a “pre-EMI” option where you pay interest only on the disbursed portion until the final tranche is released, after which full EMI (principal + interest) begins. This materially reduces your monthly outgo during the construction period compared to a fully disbursed loan, but it also means your total interest cost and effective EMI burden increase gradually as each milestone triggers a fresh disbursement. Buyers should build their household budget around a rising EMI curve over the construction period, not a flat monthly figure from booking day one.

Investment Benefits

The construction-linked structure at Marbella Royce offers a meaningful investment advantage: your capital is deployed gradually, matched to real project progress, rather than locked in as a lump sum from day one. This preserves liquidity for other investments or opportunities during the construction period, while your booked unit still participates fully in any price appreciation the project sees as it nears completion and possession — a common pattern for well-positioned luxury towers in high-demand corridors like IT City Road and Aerocity.

Tax Benefits

Buyers financing their Marbella Royce purchase through a home loan can generally claim two separate tax benefits under the Income Tax Act: principal repayment under Section 80C (within the overall ₹1.5 lakh annual limit, which also covers other eligible investments), and home loan interest under Section 24(b), subject to applicable caps for self-occupied versus let-out property. For an under-construction property, interest paid during the construction period is typically not deductible in the year it is paid — instead, it is aggregated and becomes deductible in five equal instalments starting from the financial year in which construction is completed and possession is taken. Because tax rules and limits are revised in Union Budgets, always confirm current provisions with a qualified Chartered Accountant before finalising your tax planning around this purchase.

NRI Buying Process

NRIs and OCI cardholders can purchase Marbella Royce units under the standard FEMA framework — no prior RBI approval is required, and payments are routed through an NRE, NRO, or FCNR account rather than directly from an overseas bank account. The CLP schedule applies identically to NRI buyers, and remote purchases are commonly completed via a registered, notarised, apostilled Power of Attorney where the buyer cannot be present in India for every milestone-linked payment or the final registration. For the complete legal, tax, and repatriation framework governing NRI property purchases in India, see our dedicated NRI Property Investment Guide 2026.

Possession Payments

The final CLP tranche (10% across both Tower A and Tower B/C/D schedules) becomes due at possession, but buyers should budget for several additional payments that typically fall due around the same time and are not part of the base CLP percentages: stamp duty and registration charges, the maintenance deposit, club membership charges (if applicable), parking charges (if not already included), and any applicable PLC (Preferential Location Charge). For the latest construction progress and expected possession timeline specific to Marbella Royce, see our dedicated Possession Update guide.

Hidden Charges Buyers Should Check

Beyond the base CLP percentages shown in the tower tables above, buyers should specifically ask for a written, itemised breakup of every additional charge before booking — this is where many buyers underestimate their true total cost. Common categories to verify in writing include: PLC for specific floors, views, or corner units; club membership and clubhouse usage charges; covered/open parking charges if not bundled into the base price; power backup and infrastructure development charges; interest-free maintenance security deposit; applicable GST on under-construction property; legal and documentation charges; and any advance maintenance fee collected at possession.

Registration & Stamp Duty

Property registration in Punjab requires stamp duty of approximately 7% for male buyers, 5% for female buyers, and 6% for joint registrations, plus an additional 1% registration fee — payable at the local sub-registrar office at the time of conveyance deed registration, typically around possession. These rates are periodically revised by the state government, so always reconfirm the current applicable rate with our team or a property lawyer before budgeting your final registration outflow.

Maintenance Deposit

An interest-free maintenance security deposit (IFMSD) is collected at or before possession to fund the initial corpus for common area upkeep, security, housekeeping, and clubhouse operations until a formal owners’ association or RWA takes over maintenance. This is separate from your monthly/annual recurring maintenance charges, which begin once you take possession and are typically billed per square foot of super area.

PLC (Preferential Location Charge)

PLC is an additional charge applied to specific units considered more desirable within the project — a park-facing, corner, higher-floor, or specific-view unit typically carries a PLC premium over the base price applicable to standard units on the same floor plan. If you have a strong preference for a particular tower, floor, or facing at Marbella Royce, ask for the applicable PLC amount in writing before booking, as it adds to your total cost and, proportionally, to each CLP installment.

Club Charges

Marbella Royce’s roughly 50,000 sq. ft. clubhouse typically carries a one-time club membership charge in addition to the base unit price, covering access to amenities such as the clubhouse, pool, and indoor recreational facilities. Confirm whether this charge is bundled into your quoted price or billed separately, and whether it is mandatory or optional at the time of booking.

Parking Charges

Marbella Royce includes one dedicated car park per apartment as part of the base specification; buyers requiring an additional parking slot (common for 5 BHK households with multiple vehicles) should confirm the availability and separate cost of a second covered or open parking slot directly with the sales team, as this is priced independently of the base CLP schedule.

Payment Calculator Example

The illustration below is conceptual — it explains how a Marbella Royce payment plan translates into a down payment, loan amount, and EMI approach, without assuming a specific property value, since current pricing should always be confirmed from our live Price List PDF rather than an illustrative figure that may go stale.

To get an exact, current EMI figure based on today’s Marbella Royce pricing, your specific bank’s interest rate, and your preferred loan tenure, WhatsApp our team with your budget and configuration — we’ll prepare a personalised, milestone-wise payment schedule at no cost.

Who Should Choose This Payment Plan?

Why Construction Linked Payment Plan Is Better Than Subvention?

A subvention scheme typically lets the buyer pay a small upfront amount while the developer (or a tie-up bank) services the interest on the loan until possession — sounding attractive on the surface, but it carries two structural risks that CLP avoids. First, subvention schemes shift construction-delay risk onto the buyer’s credit profile: if the developer misses interest payments to the bank on your behalf, your credit score and loan account are directly affected, even though the delay wasn’t your fault. Second, subvention schemes have seen tighter RBI and NHB scrutiny in recent years, with several banks reducing or discontinuing such tie-ups, creating uncertainty for buyers relying on them.

CLP, by contrast, keeps you in direct control: you only pay (and your EMI only rises) as construction genuinely progresses, your credit relationship with the bank is straightforward and transparent, and there is no third-party interest-servicing arrangement that can break down. For a large, multi-tower, 40+ floor development like Marbella Royce with a multi-year construction timeline, CLP is the structurally safer choice for most buyers.

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