Puravankara Northern Lights Price List & Costs

One of the first questions every homebuyer asks before committing to a new project is simple: what is the total cost? When it comes to Purva Northern Lights in Bagalur, North Bangalore, the answer requires looking beyond just the sticker price. This guide decodes the complete pricing structure, from the base unit cost per square foot to stamp duty, registration, GST, and other charges that determine your final outflow.

Official Price List for Purva Northern Lights (2026)

Purva Northern Lights offers four distinct unit configurations across 2 BHK and 3 BHK apartment types. Below is the current price list as of 2026:

 At Rs. 10,300 to Rs. 11,400 per sqft, Purva Northern Lights is competitively priced compared to comparable launches on the North Bangalore micro-market where new projects from Tier-1 developers are commanding Rs. 11,000 to Rs. 13,000 per sqft.

Understanding ‘Saleable Area’ vs Carpet Area

The prices quoted above in the Puravankara Northern Lights Price List are on the basis of saleable area, which includes the carpet area of the apartment plus a proportionate share of common areas such as lobbies, corridors, staircases, and clubhouse. Under RERA guidelines, builders are also required to disclose the carpet area separately. Buyers should request the carpet area breakup from the sales team, as the carpet area is typically 70 to 75 percent of the saleable area for well-designed projects.

Breakdown of Additional Charges

Beyond the base price, buyers must factor in several statutory and project-specific charges:

1. GST (Goods and Services Tax)

For under-construction properties in India, GST is applicable at 5 percent of the property value without Input Tax Credit (ITC). Since Purva Northern Lights is a new launch with a December 2029 possession, GST applies. On the 2 BHK priced at Rs. 1.19 Crore, this adds approximately Rs. 5.95 Lakh to your outflow.

2. Stamp Duty in Karnataka

Stamp duty in Bangalore (Karnataka) is determined by the guidance value set by the government and the market value of the property, whichever is higher. Current stamp duty slabs for Bangalore are: 2 percent for properties valued up to Rs. 20 Lakh, 3 percent for properties between Rs. 21 Lakh and Rs. 35 Lakh, and 5 percent for properties above Rs. 45 Lakh. For Purva Northern Lights, most units fall in the above-Rs. 45 Lakh category, making stamp duty 5 percent of the property value, irrespective of whether the buyer is male, female, or a joint owner.

3. Registration Charges

Registration charges in Karnataka are fixed at 1 percent of the property value. For a Rs. 1.19 Crore unit, this amounts to Rs. 1.19 Lakh.

4. Maintenance Deposit (Corpus Fund)

Purva typically collects a one-time maintenance deposit, often called a corpus fund, at the time of possession. This amount is used to maintain common areas and amenities until a Resident Welfare Association (RWA) is formed. The amount varies by unit size and should be confirmed with the sales team during the booking process.

5. Car Parking Charges

Dedicated covered car parking is usually charged separately in large township projects. Buyers should ask specifically whether one or two car parking slots are included in the base price, or whether they are sold at an additional cost, which can range from Rs. 3 Lakh to Rs. 7 Lakh per slot depending on the project.

Estimated Total Cost of Ownership at Purva Northern Lights

 Note: The above figures are indicative estimates. Maintenance deposit, parking, and other project-specific charges may alter the total. Always request a complete cost sheet from the developer before making a booking decision.

Is the Pricing Competitive in the Bagalur Micro-Market?

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