Purva Northern Lights Price Per Sq Ft

Purva Northern Lights is one of the well-known residential projects in North Bangalore. Many homebuyers are curious about its price per square foot (sq ft) and how it compares to other projects in the same area. The Purva Northern lights base rate, how prices change with a floor rise, and compare it with the nearby micro-market. It is easy to analyse the price of the apartments.

Base Rate of Purva Northern Lights

The base rate is the property's starting price before adding extra charges such as floor rise, car parking, or other amenities. For Purva Northern Lights, the base rate usually ranges from ₹8,700 to ₹9,000+/sq ft, depending on the apartment type and configuration.

• 1 BHK apartments are generally priced slightly lower per sq ft.
• 2 BHK and 3 BHK apartments may have a higher base rate because they offer more space and better layouts.

This base rate gives you an idea of what you will pay for the apartment itself, without any additional costs. Developers use the base rate to calculate the apartment's total cost.

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.

For example, if the base price is ₹8,700 per sq ft:

• Ground floor: ₹8,700 per sq ft
• 1st floor: ₹8,750 per sq ft
• 5th floor: ₹8,950 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.

Comparison with the Micro-Market

It is also useful to compare Purva Northern Lights with other projects in the same micro-market. The micro-market includes areas like Hebbal, Yelahanka, and other nearby localities.

• Hebbal: Projects in Hebbal are slightly more expensive, with prices ranging from ₹8,800 to ₹15,000+ per sq. ft. Hebbal has better connectivity to the airport and tech parks.
• Yelahanka: Prices here are closer to Purva Northern Lights, around ₹8,000 to ₹ 12,000 per sq ft. Yelahanka is quieter and has more open spaces, which some buyers prefer.
• Bagalur Road & Other Areas: These are developing areas, and prices can be lower, starting at ₹6,300 to ₹7,200 per sq.ft.

So, Purva Northern Lights offers a mid-range price. It is not the cheapest, but it is not the most expensive either. Buyers get a good balance of price, location, and amenities.

Factors That Can Change Price

Apart from the base rate and floor rise, a few other factors can affect the final price:

• View of the apartment: Apartments facing parks or lakes may cost more.
• Corner units: These usually have better ventilation and sunlight and may be priced higher
• Furnishing and amenities: People can choose a fully furnished apartment, or if they want extra facilities, the cost increases.
• Parking and maintenance: Reserved car parking and maintenance charges are added separately.

Conclusion

Purva Northern Lights is a good choice for people looking to buy a home in the KIADB Aerospace Park, North Bangalore. The base price is about ₹8,700–₹9,000 per sq ft, and it goes up a little for higher floors. Compared to other projects nearby, it is reasonably priced and has nice amenities. If you're planning to buy a home at Purva Northern Lights, it's smart to review all these details before making a decision.