Purva Northern Lights Floor Rise Charges

Purva Northern Lights is a premium residential project offers comfort, convenience, and long-term value. The main factors influencing apartment prices in this project are floor-rise charges. Buyers often notice a cost difference between lower and higher floors, driven by practical and lifestyle factors.

Per-floor cost

The cost per floor at Purva Northern Lights varies by apartment type and location within the tower. The developers charge a fixed amount or a percentage increase per floor. For example, the floor rise charge is set at ₹50 per sq. ft. per floor. The apartment on the 5th floor would have an extra cost of 5 × ₹50 per sq. ft. These charges are included in the apartment base price. Buyers need to factor this into their budget when selecting a preferred floor.

How Floor Rise Affects Price

One important thing to know is that apartment prices often increase as you move to higher floors. It is called the floor rise impact. Higher floors usually have:

• Better views
• More sunlight
• Less noise from the street

In Purva Northern Lights, the floor rise is usually ₹50–₹100 per sq ft for each floor above the base floor.

The base price is ₹11,000 per sq ft:

• Ground floor: ₹11,000 per sq ft
• 1st floor: ₹11,050 per sq ft
• 5th floor: ₹11,250 per sq ft

Even though the extra cost per square foot seems small, it can become significant for bigger apartments. For example, people buy a 2,000 sq ft apartment on the 5th floor, the total extra cost due to its higher location would be ₹2,50,000.

Buyer impact

Floor-rise charges can affect a unit's overall affordability. At the same time, higher floors offer benefits such as better views and more sunlight. It reduces noise, but it also increases the apartment's total cost. The buyers need to weigh the advantages of a higher floor against the additional investment required. Some buyers prefer lower floors to save on costs. Others are willing to pay extra for premium views and privacy.

Final Term:

The floor-rise charges at Purva Northern Lights offer choices for different types of buyers.

• The lower-floor prices are affordable
• Mid-level floors offer a good balance.
• The higher floors offer premium views.

This pricing structure helps buyers choose a home that matches their budget, lifestyle, and investment needs. Purva Northern Lights offers transparency about pricing, so buyers can easily see how choosing a particular floor changes the apartment's cost.