Purva Northern Lights Current Market Price

Purva Northern Lights is a new residential project that has created strong interest in the real estate market. Developed by Puravankara Group, this project promises modern living, good connectivity, and long-term value. It is spread across 25 acres of land.

The project features 8 high-rise Purva towers offering 2600+ ultra-luxury apartments. It includes premium 2, 3, and 4 BHK homes and it is a pre-launch stage.

Live Pricing Snapshot

As of now, the pricing for Purva Northern Lights is based on pre-launch estimates and cost sheets released by the developer. The base price is around ₹11,000 per sq. ft. for apartments.

The current Price List:

These prices may change slightly when the official launch price list is published. Often, pre-launch prices are lower to attract early buyers, and prices may increase after launch.

Demand-Supply Situation

The demand for Purva Northern Lights has been beneficial and growing, even before the official launch. This interest comes from both end-users, who plan to live in the home, and investors, who plan to sell later or rent out. The reasons include:

• Prime location: North Bangalore is rapidly developing, with many jobs, good roads, air connectivity, and future metro connectivity. It makes the project attractive to professionals and families.
• Well-known developer: Puravankara Group has a strong reputation in the real estate market, which builds buyer trust.
• Large township design: With 2600+ apartments and 80% open green space, many buyers see this as a premium and comfortable place to live.

The project is still in pre-launch, and the actual supply of units for sale is limited right now. Early expressions of interest (EOI) are being collected, which gives priority access to initial buyers. When more units officially go on sale, supply will increase.

Price Movement and Future Outlook

Pre-launch estimates largely set the price levels. Once the official launch happens and more buyers confirm bookings, prices may do the following:

• Increase from pre-launch levels - Developers often raise prices after the official launch because more buyers have seen the detailed plans and demand grows.
• Steady rise over time - Projects in North Bangalore have seen good price growth in recent years due to infrastructure projects, job growth, and better connectivity. That trend is expected to continue, boosting Purva Northern Lights' value over the long term.

Conclusion

Purva Northern Lights' price list is attractive for early buyers:

• 2 BHK from about ₹1.3 Cr
• 3 BHK from ₹1.9 Cr
• 4 BHK from ₹2.2 Cr

The strong demand for the location, the builder's reputation, and future growth prospects. As more units come to market and the project moves past the pre-launch stage, prices are likely to increase steadily.