Sobha Hoskote Booking Amount

The very first step to block your new flat is paying the Expression of Interest (EOI) token money. Buyers need to pay Rs. 3 Lakhs for a 1 BHK flat, Rs. 5 Lakhs for a 2 BHK flat, and Rs. 10 Lakhs for a large 4 BHK flat. Paying this token locks your preferred floor and flat number before the official property prices go up.

The total booking amount for any flat is always 10 percent of the final property price. For example, if you buy a flat worth Rs. 1.5 Crores, your total booking amount will be Rs. 15 Lakhs. Your first EOI token money is fully added to this 10 percent amount. Buyers only need to pay the remaining balance money to complete the booking.

Many buyers worry about losing their token money if they change their mind later. The builder makes sure that the initial EOI token is 100 percent refundable. If you visit the site and decide not to buy the flat, the sales team will return your token money directly. This makes it completely safe for buyers to block a good unit early.

The builder accepts the booking amount through very easy and safe online payment options. Buyers can pay the initial token using a simple bank cheque or a fast online bank transfer like NEFT or RTGS. Cash payments are never allowed for buying real estate today. The sales office will give you a clear official receipt to prove your payment is safe.

Once you pay the 10 percent booking amount, the builder gives you an official flat allotment letter. Buyers can take this letter to top banks like SBI or HDFC to start their home loan papers. The bank will pay the remaining 90 percent of the flat cost directly to the builder over the next few years of construction. The sales team also has bank agents ready to help you with the loan.