Mizumi Reserve payment plan: what you pay, when, and how a home loan fits

The Mizumi Reserve payment plan asks for 10% on booking, 10% on the agreement to sale, 65% in stages as the building rises, and 5% each at flooring, painting and possession. On the 1,901 sq ft 3 BHK priced at about ₹2.57 Cr all in, that is roughly ₹50.5 lakh in the first month. The rest follows construction until possession, scheduled for 2030. Here is each stage in rupees, and how a home loan fits around it.

The Mizumi Reserve payment plan, stage by stage

The figures below come from the developer's two sample cost sheets, dated 5 February 2026. Your amounts will follow your own unit's price.

How the 65% construction share is split

The 65% is not one lump. The cost sheet breaks it into 15 demands:

• 10% on completion of mass excavation
• 8% on completion of the foundation
• 7% on completion of the basement slab
• 4% each on the 1st, 2nd, 4th and 6th floor slabs
• 3% each on the 8th, 10th, 12th, 14th, 16th, 18th and 20th floor slabs and the terrace slab

Each demand is raised when the block your flat is in reaches that stage. That makes the payment plan a record of progress: you pay for a slab once the slab is there.

What the first month costs

On the 3 BHK sample, the first month looks like this:

• ₹5,00,000 at booking.
• ₹20,27,384 within 10 days. The cost sheet asks for a post dated cheque for this at booking.
• ₹25,27,384 on the agreement to sale, within 30 days.

That totals ₹50,54,768. On the 4 BHK sample the two 10% stages come to ₹66,91,252. On top of this, the cost sheet says stamp duty on the agreement to sale is paid by the buyer as per government norms.

If you buy a property of ₹50 lakh or more, you also deduct 1% TDS from each payment to the developer and deposit it with the tax department. You will need a PAN.

How a home loan fits: pre EMI and full EMI

For loans above ₹75 lakh, RBI rules cap the loan at 75% of the property value. On the ₹2.57 Cr 3 BHK, that means about ₹64 lakh of your own money and a loan of about ₹1.92 Cr. Many banks ask you to pay your own share first, then release the loan against each demand. Confirm the order with your bank.

While the building is going up, the bank releases money in parts. You pay interest only on what has been released. This is called pre EMI. As an illustration at 8.5%, ₹50 lakh released costs about ₹35,400 a month in interest, and ₹1 Cr released costs about ₹70,800. Once the loan is fully released, the full EMI starts. On a ₹1.92 Cr loan at 8.5% over 20 years, that is about ₹1.67 lakh a month.

Try your own numbers with the EMI calculator in the price section. The rates here are an illustration, not a quote.

When stamp duty and registration are due

There are two moments. The first is the agreement to sale, in the first month, when stamp duty on the agreement is payable. The second, and the larger, is the registration of the sale deed near possession. Stamp duty and registration are then paid at actuals. In Karnataka this is roughly 6.6% at this price, about ₹16 to 17 lakh on the 3 BHK, and most buyers pay it from their own funds. How stamp duty and registration are worked out in Karnataka.

What to check before you book

• Get the payment schedule for your own unit, dated, not a sample.
• Read the flooring stage closely. The cost sheet says it falls due on internal flooring "excluding laminated wooden flooring", so it can come before the bedroom floors are laid.
• GST is charged at the rates in force when each demand is raised. If rates change, so does the amount.
• Ask if your bank has already approved the project for loans. It usually speeds up sanction.
• Check the completion date on the RERA page, because it tells you how long pre EMI could run. Our guide to the Mizumi possession date and RERA shows how.

The full price of each unit is in the Mizumi Reserve price list. For the schedule on the exact flat you like, ask for the cost sheet.