Purva Northern Lights Payment Plan by Puravankara Limited follows a construction-linked structure for this project at KIADB Aerospace Park, Bagalur, North Bangalore, Karnataka - pin code 562149. You pay 10% at booking and 10% at agreement signing within 60 days. The remaining 80% is paid in stages tied to construction progress. The final 10% instalment is due at possession on 31 December 2029. This plan lets you track every payment against an actual construction milestone.

Purva Northern Lights Step-by-Step Payment Schedule

1. Booking: Pay 10% of the total price to book your apartment.
2. Construction Start: Pay 10% of the amount when the foundation work begins.
3. Excavation Stage: Pay 10% as the site is well-prepared.
4. Plinth Work: Pay 10% when the plinth or base of the building starts.
5. Basement Completion: Pay 10% when the basement is ready.
6. Ground Floor Work: Pay 10% when the ground floor construction begins.
7. Upper Floors Construction: Pay 10% as the building goes higher.
8. Flooring and Finishing: Pay 10% when flooring and finishing work starts.
9. Plumbing and Interiors: Pay 10% as bathrooms, kitchen, and interiors work starts.
10. Possession: Pay the last 10% when you receive the keys and move in.

This step-by-step plan ensures you do not have to pay all at once. It allows you to pay according to the work done on your home.

The plan includes all the details a buyer needs. It lists the type of apartment, floor, size, GST, booking fee, total cost, and instalment schedule. It also mentions any extra charges and important instructions. With this clear plan, buyers always know what to pay and when.

Booking and Agreement Details

When you book an apartment, the booking amount saves the unit for you. You then sign an agreement with Puravankara Limited, which includes:

• Apartment number and tower
• Super built-up area and usable space
• Total cost of the apartment
• Interior specifications
• Car parking details
• List of amenities
• Expected possession date

All legal documents are shared at the time of signing the agreement. You can have a lawyer check them to make sure everything is correct.

Project Location and Safety

Purva Northern Lights Bagalur Road is located in North Bangalore, at KIADB Aerospace Park. The project launched on 25 March 2026 and construction is now active. Karnataka RERA approval was granted on 12 March 2026, and leading banks are expected to provide home loans for this project. This makes financing your home easier and safer.

Why the Purva Northern Lights Payment Plan is Helpful

• Small Payments: You don’t have to pay everything at once.
• Flexible: Payments match the progress of construction.
• Clear Timeline: You always know what to pay and when.
• Safe and Transparent: No hidden charges or surprises.
• Financial Planning: Makes it easy to budget for other expenses.
• Peace of Mind: You can track the progress of your home while paying gradually.

Additional Benefits of the Purva Northern Lights Payment Plan

• You can compare apartments and choose one that fits your budget.
• Step-wise payments reduce financial pressure.
• You can plan EMIs or bank loans according to the schedule.
• It is helpful for NRIs or people living far away, as you can pay safely while the construction continues.
• You can monitor construction and ensure the builder follows the timeline.

How to Use This Payment Plan Wisely

1. Check the RERA and legal approvals before paying.
2. Always pay in official project accounts.
3. Keep a record of every payment and receipt.
4. Ask the builder or sales team for updates about construction.
5. Plan your remaining payments according to your income and budget.

The Purva Northern Lights Hardware Park payment plan makes it easy, safe, and stress-free to buy a home. You pay step by step, see the construction grow, and plan your finances. This plan is great for families, first-time buyers, and anyone who wants to own a home in North Bangalore.

Frequently Asked Questions :

Q1: What is the current starting price for Purva Northern Lights?

Prices start at ₹80 lakhs for a 1 BHK (408 sq.ft carpet area) and ₹1.11 crore for a 2 BHK. The project launched on 15 March 2026 and is currently open for bookings. Prices are subject to revision as construction progresses.

Q2: Is the Purva Northern Lights RERA approved?

The project is RERA approved, with the approval granted on 12 March 2026 under RERA No. PRM/KA/RERA/1251/309/PR/120326/008523. Being inside the government-backed KIADB Aerospace Park ensures the land titles are clear and safe for investment.

Q3: How much is the booking amount (EOI)?

You can book a priority slot with an Expression of Interest (EOI) of ₹1 Lakh. This is fully refundable and secures priority unit allocation. Buyers who register early get preferred floor and tower selection before general inventory opens up.

Q4: Will there be a Metro station nearby?

Yes. The Blue Line Metro (Phase 2B) is moving fast with Doddajala Metro Station on the Blue Line is approximately 2 km from the project. Once operational, it will connect residents to Hebbal, KR Puram, and Kempegowda International Airport. The line is expected to be operational by 2026 to 2027.

Q5: What are the registration costs in Bangalore for 2026?

Total government charges in Karnataka are approximately 6.1%. This includes 5% stamp duty, 1% registration fee, and 0.1% BBMP cess. Budget this amount for the time of possession in December 2029.

Q6: Is the 10:10:80 payment plan safe?

Yes, it is a Construction-Linked Plan. You pay 10% to book and 10% for the agreement. The rest is paid in small steps only as construction milestones (like floors or plumbing) are completed.