FAQS


A 2 BHK of 670 to 768 sq.ft currently launches at ₹1.11 Cr. Based on current price trends in KIADB Aerospace Park, the projected resale value after possession in December 2029 is ₹1.35 to ₹1.55 Cr. This reflects a 20 to 40% appreciation over the 3.5 year possession period.

The key drivers are the Doddajala Metro Station at 2.5 km nearing completion, over 50,000 professionals employed inside the KIADB SEZ at Boeing, Airbus, Shell, and SAP Labs, and the Puravankara brand premium. RERA registration and Puravankara's delivery track record also support strong resale liquidity compared to non-branded projects.

Yes. The project is RERA-approved under Phase 1 number PRM/KA/RERA/1251/309/PR/120326/008523, with 2,973 apartments across 8 towers on 24.55 acres. Property rates in KIADB Aerospace Park have grown 40% between 2021 and 2024. The current base rate of ₹11,000 per sq.ft is competitive for a RERA-approved township in this corridor.

Possession for Phase 1 is targeted for December 2029. The RERA-registered completion date provides a legally protected timeline. Buyers can track construction progress on the Karnataka RERA portal using registration number PRM/KA/RERA/1251/309/PR/120326/008523.

Current rental yields in KIADB Aerospace Park range from 3.8% to 5.1%. A 2 BHK in this corridor currently rents for ₹22,000 to ₹35,000 per month. Demand comes from professionals at Boeing, Airbus, Shell, and SAP Labs campuses within 5 km of the project, so vacancy risk is low.

The current base rate of ₹11,000 per sq.ft is lower than mature zones like Hebbal at ₹11,000 to ₹14,000 per sq.ft. This price gap means buyers enter at a lower point with more room for appreciation. The 80% open space ratio, 1 lakh sq.ft dual clubhouse, and Puravankara brand give it stronger resale demand than standalone apartment projects in the same micro-market.

Higher floor units at Purva Northern Lights carry a floor rise charge at purchase but command a stronger resale premium. Units on floors 15 and above with park-facing or open views typically sell faster in the secondary market. The 3.15 m floor-to-floor height across all units also maintains consistent resale appeal compared to standard 2.8 m projects.

Yes. Resale apartments after possession attract no GST, unlike new under-construction units which carry 5% GST on the base price. For a 2 BHK at ₹1.11 Cr, that is a saving of approximately ₹5.55 Lakhs. This makes resale units financially attractive for buyers who want to avoid the GST component on the total cost.

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