Booking a home at a project the size of Century Immencity involves more than picking a floor and signing a cheque. Understanding the payment structure, the documentation sequence, and what to check at each stage can save you from surprises later. Here's a clear walkthrough of how the process typically works for a large-format launch like this one.
Step 1: Initial Enquiry and Site Visit
Before any payment is made, most buyers start with a site visit or a detailed discussion with the sales team covering tower selection, floor availability, and facing preferences. This is also the right time to ask for the latest cost sheet, since pricing at pre-launch and early-phase stages tends to shift as construction milestones are crossed. For a full breakdown of current pricing across configurations, see Century Immencity Jakkur Price List 2026: 3 & 4 BHK Cost Breakdown.
Step 2: Booking Amount
Once you've shortlisted a unit, a booking amount — typically a small percentage of the total unit cost — secures your allotment. This is usually the first formal payment and should always be accompanied by a written acknowledgment or provisional allotment letter specifying the unit number, tower, floor, and agreed price.
Step 3: Agreement of Sale
Following the booking amount, buyers typically sign an Agreement of Sale (AoS), which is the legally binding document outlining the payment schedule, possession timeline, specifications, and penalty clauses for delays on either side. This is the single most important document in the entire process — read it carefully, ideally with a property lawyer, before signing.
Step 4: Construction-Linked Payment Plan
Most premium projects, including large-format ones like Century Immencity, follow a construction-linked payment plan (CLP), where installments are tied to physical progress rather than fixed calendar dates. A typical structure looks like:
- Booking amount — on allotment
- Agreement value tranche — on signing the Agreement of Sale
- Foundation/plinth completion — a percentage of the total cost
- Superstructure milestones (per floor or per few floors) — staggered percentages
- Finishing stage — a percentage on internal finishing completion
- On offer of possession — the final balance
Some developers also offer a flexi payment plan, which requires a smaller upfront outlay with a larger balance due closer to possession — useful for buyers managing cash flow around other financial commitments.
Step 5: Home Loan Disbursement (If Applicable)
If you're financing your purchase, your bank will typically disburse funds in line with the construction-linked schedule, subject to site inspection at each stage. This is another reason RERA registration matters — most banks require it before approving disbursement, and delays in registration can hold up your loan timeline. Our post on Century Immencity RERA Status & Registration Update (2026) covers how to track this.
Step 6: Registration and Handover
Closer to possession, the sale deed is executed and registered, at which point stamp duty and registration charges (governed by Karnataka's applicable rates) become payable. Only after registration and final payment clearance does formal handover of the unit occur, along with keys, occupancy certificate copies, and maintenance handover documentation.
Costs Beyond the Base Unit Price
When budgeting for the payment plan, buyers often underestimate the additional charges layered on top of the base price:
- GST on under-construction property
- Car parking charges (open or covered, depending on allotment)
- Clubhouse and amenity membership fees
- Maintenance deposit (usually covering an initial period post-handover)
- Registration and stamp duty
- Legal and documentation charges
Building these into your budget upfront avoids last-minute cash crunches during the final payment stages.
- The project's RERA registration number (verify on the Karnataka RERA portal)
- The exact carpet area and super built-up area figures in writing
- The full payment schedule tied to specific, verifiable construction milestones
- Refund and cancellation terms, in case you need to exit before possession
- Penalty clauses for possession delays, and whether they're reciprocal
Tips for a Smoother Booking Process
- Never make payments in cash — always use traceable banking channels.
- Insist on a provisional allotment letter before the booking amount is treated as non-refundable.
- Cross-check the payment schedule against the Agreement of Sale before signing.
- If financing through a loan, get an in-principle approval before finalizing your unit, so you know your eligible loan amount in advance.
- Keep copies of every payment receipt and correspondence with the sales team.
Final Thoughts
The booking process at Century Immencity follows the standard framework used across large RERA-governed developments in Bangalore — booking amount, Agreement of Sale, construction-linked payments, and final registration. The details that matter most are the ones buyers often skip reading closely: the payment schedule, refund terms, and RERA status. Getting these confirmed in writing before your first payment protects you through the entire multi-year construction cycle ahead.
Frequently Asked Questions
Booking amounts are usually a small percentage of the total unit value, though the exact figure varies by developer and should be confirmed directly with the sales team.
This depends on the terms specified in the provisional allotment letter and Agreement of Sale — always confirm refund conditions before paying.
Some developers allow this at the time of booking but not after the Agreement of Sale is signed. Confirm flexibility upfront if this matters to you.
These are typically payable closer to possession, at the time of sale deed execution and registration.
RERA-registered projects are bound by penalty clauses for delays, which should be clearly stated in the Agreement of Sale.
Ready to Start Your Booking?
If you're considering a unit at Century Immencity, the next step is to get the full payment schedule, current pricing, and booking terms. Fill in the form below and our team will share the complete details with you.