North Bengaluru Plots

Serene Greens payment schedule: 30, 30, 20, 20 explained

Last updated
4 November 2026
Short answer

Serene Greens lists four instalments of 30, 30, 20 and 20 percent of the plot price. The listing does not say when each is due. Ask for the due dates or milestones in writing, and what happens to your money if the project is delayed.

What is listed

The society lists a payment plan in four parts: 30 percent, 30 percent, 20 percent and 20 percent of the plot price. Completion is listed as 30 to 36 months from project launch.

What the listing leaves out

A payment plan is only as safe as the conditions attached to it. The listing does not state:

  • the date or milestone that triggers each instalment
  • what the society must have completed before it asks for the next one
  • whether your money is refunded, and with what interest, if the project is delayed or you withdraw

Questions to ask in writing

  1. What is the due date or milestone for each of the four instalments?
  2. What is the launch date that starts the 30 to 36 month clock?
  3. If completion is late, what do I receive and when?
  4. Is any booking amount refundable, and until when?
  5. Will every payment be acknowledged with a receipt naming my plot number?

Do not pay a large first instalment before you have seen the layout approval, conversion order and registration details for the land, and your property lawyer has read them.

Example for a 30x40 plot

On Rs 17,10,000 the instalments are Rs 5,13,000, Rs 5,13,000, Rs 3,42,000 and Rs 3,42,000. See the price breakdown.

Questions people ask

When is each instalment due?

The listing does not give dates or milestones. Ask the society to put them in writing before you pay the first instalment.

How long does the project take?

The society lists completion as 30 to 36 months from project launch. Ask what date it counts as the launch date, and what remedy you have if completion slips.

How should I pay?

Prefer bank transfer to the society's account and keep every receipt. Avoid cash. Ask for a receipt that names the plot, the amount and the instalment number.