Looking to book a flat at Godrej MSR City in Shettigere, North Bangalore? This guide explains how the booking process works, what documents you'll need, how payments are handled, and what happens if you decide to cancel your booking. Whether you're a first-time homebuyer or an investor, this article will help you understand each step clearly.

Godrej MSR City is a large residential township by Godrej Properties. The project covers 62 acres and is located near the airport, with smooth access to Bellary Road, STRR, and the upcoming Doddajala Metro Station. Phase 1 of the project launched in April 2025 and includes over 1,900 homes.

Pre-Launch Interest: What is an EOI?

Sometimes, before the official launch, developers invite buyers to show interest by paying a refundable token called an Expression of Interest (EOI).

Why it matters:

1. You get priority when unit selection opens
2. You might receive better pricing or early offers
3. You can choose from the best available units

Typical EOI Amount: ₹50,000 to ₹2,00,000, depending on the unit.

If you decide not to go ahead, the full EOI is refunded within 30–45 days.

Official Booking Process at Godrej MSR City
1. Visiting the Site and Getting Project Details

Before booking, it's important to visit the Godrej MSR City site or sales office. Here, you can:

1. See model apartments
2. View brochures and floor plans
3. Take a guided tour of the area
4. Ask the sales team about prices and availability

This step helps you get a clear feel of the project before making a decision.

2. Choosing the Right Unit

Godrej MSR City offers:

1. 2 BHK units (1186–1292 sq. ft.) – starting at ₹1.18 Cr
2. 3 BHK (2 bathrooms) – 1585–1626 sq. ft., approx. ₹1.50–1.65 Cr
3. 3 BHK (3 bathrooms) – 1842–1876 sq. ft., approx. ₹1.72–1.84 Cr

You can choose your flat based on floor level, facing, view, and budget. The sales team will help you check real-time availability.

3. Paying the Booking Amount

To block your chosen unit:

1. Pay ₹1,00,000 as a token (or 10% of the flat cost in total)
2. You can pay by cheque, bank transfer, or UPI
3. GST of 5% is added to the amount
4. Submitting KYC Documents

Along with your booking amount, submit:

1. PAN card
2. Aadhaar card
3. Passport-size photos
4. For NRIs: Passport, visa, and NRE/NRO account proof

You'll also need to fill and sign a booking form with your details.

5. Getting the Allotment Letter

Once your booking is confirmed, you'll receive an Allotment Letter.

It includes:

1. Flat number and tower
2. Final price
3. Payment schedule
4. Timeline for possession (March 2030)

This letter is important for your loan and legal paperwork.

6. Signing the Agreement to Sell

Within 15–30 days, you'll be asked to sign a legal Agreement to Sell.

This document:

1. Lists payment milestones and terms
2. Confirms your rights as a buyer
3. Includes penalties and cancellation terms
4. Requires stamp duty (~5.6%) and registration charges (~1%)

You must sign this before construction-linked payments begin.

Payment Plans: What Are Your Options?
1. Construction-Linked Plan (Standard)

You pay in stages as construction progresses:

1. Booking: 10%
2. Sale Agreement: 10%
3. Foundation: 10%
4. Plinth level: 10%
5. Slabs and finishing: Small % at each level
6. OC application and possession: Final payments

This plan protects buyers because payments follow actual work.

2. Down Payment Plan

If you pay 90–95% upfront, you may get a price discount.

Good for buyers with ready funds.

3. Subvention Plan (If Offered)

You pay a small token, the bank gives the loan, and the builder pays EMIs until possession. This is only available during special offers.

Other Charges You Should Know

These charges are not part of the flat cost:

1. Water & sewage (BWSSB): As per rules
2. Maintenance (first year): ₹70 per sq. ft.
3. Clubhouse & parking: Separate charges may apply
4. Legal & documentation: ₹10,000 to ₹25,000
5. GST: 5% on all payments

What if You Want to Cancel?

Before Signing the Agreement to Sell

1. ₹10,000–₹25,000 may be deducted as admin fee
2. The rest of your booking amount is refunded
3. Timeline: 60–90 working days

After Signing the Agreement to Sell

1. 1%–2% of the sale value may be forfeited
2. Some reports say the penalty could be as high as 10%
3. GST paid is not refunded
4. Refund timeline remains 60–90 working days

All cancellation requests must be given in writing to Godrej's customer support.

Note: You usually can't switch to another unit or project.

RERA Registration and Construction Update

1. RERA ID: PRM/KA/RERA/1250/303/PR/010425/007644
2. Launch date: April 5, 2025
3. Possession: March 31, 2030 (after receiving Occupancy Certificate)
4. Construction of model flats has started

Check the project status on the official RERA Karnataka website.

Final Tips Before You Book

1. Visit the site and see the model units
2. Review legal documents before signing
3. Get your home loan pre-approved if needed
4. Only book through official sales team or approved partners
5. Check for any ongoing offers or limited-time discounts