Krisala Nagpur Township Booking Amount
What to pay, when, and how to stay protected
The official booking amount and payment plan for Krisala Nagpur Township will be announced at launch. Here is how bookings work under RERA, so you know what to expect.
EOI vs Booking
| Stage | When | Purpose | Note |
|---|---|---|---|
| Expression of interest (EOI) | Pre-launch | Refundable, priority for allotment | Get refund terms in writing |
| Booking amount | After RERA registration | Secures a specific plot/villa | Allotment letter issued |
| Agreement for sale | Before more than 10% is paid | Registered, stamp duty paid | RERA format |
The 10% Rule
Under RERA, a promoter cannot accept more than 10% of the cost of a plot or villa as an advance or application fee without first entering into a registered agreement for sale. So any substantial payment should be preceded by a written, registered agreement.
Safe Payment Practices
- Pay only to the developer's company account — never cash, never personal accounts
- Get a receipt for every payment
- Match the account with the one disclosed on MahaRERA
- Keep EOIs refundable until RERA registration
- Read the cancellation clause before booking
Next: how to book.
Cancellation and Refunds
Read the cancellation clause before you pay. Under RERA's model agreement framework, the developer can deduct only the amounts specified in the agreement on cancellation by the buyer, and must refund the balance within a set period. If the developer fails to deliver or changes the project materially without consent, you can withdraw with a refund and interest.
Paying Through a Home Loan
If you are financing, your lender will disburse funds directly to the developer as per the agreement's schedule. The booking amount and margin money usually come from your own savings. Ensure the project is approved by your lender before booking.
Krisala Nagpur Township at a Glance
| Developers | Krisala Developers in partnership with Hiranandani Communities — see the partnership |
| Location | MIHAN / Wardha Road growth corridor, Nagpur, Maharashtra 440015 — see location |
| Land Area | 105+ acres (project listing); a ~97-acre golf-course township was announced in Oct 2026 |
| Property Types | Residential plots, 3 & 4 BHK villas, townhouses, custom estates, commercial plots |
| Plot Sizes | 1,200–2,400 sq ft (indicative) — see plots |
| Villa Sizes | 2,200–3,500 sq ft (indicative) — see villas |
| Starting Price | Plots ₹75 Lakh onwards; villas ₹2.5 Cr onwards — see price |
| Status | Pre-launch |
| MahaRERA | Coming soon — verify on maharera.maharashtra.gov.in before paying |
| Possession | Dec 2027–2028 as per listings (some mention Dec 2030); confirm in RERA filing |
Frequently Asked Questions
The official booking amount will be announced at launch. Register interest to receive it.
It should be. Insist on written refund terms before paying.
Under RERA, not more than 10% of the cost without a registered agreement for sale.
Get in Touch
Contact us for the floor plan, cost sheet, site visits, pricing, and any ongoing pre-launch offers.