FAQS


1.What are the RERA registration numbers for Purva Northern Lights?

Phase 1 is PRM/KA/RERA/1251/309/PR/120326/008523. Phase 2 is PRM/KA/RERA/1251/309/PR/120326/008524. Phase 3 is PRM/KA/RERA/1251/309/PR/120326/008525. All 3 phases received Karnataka RERA approval on 12 March 2026. Details can be verified on rera.karnataka.gov.in.

2.How does the 70 percent escrow rule protect my investment?

Under RERA, 70% of all buyer payments must stay in a dedicated escrow account. These funds can only be used for construction of the registered towers. For a 2 BHK buyer investing ₹1.11 Cr, approximately ₹77.7 Lakhs is legally protected and can only go towards building your specific phase.

3.Can the builder change my flat size after RERA approval?

No. Once RERA-approved plans are registered, the carpet area is legally fixed. The builder would need written consent from 66.6% of all allottees to make any changes. Buyers receive the exact carpet area stated in the sale agreement — 408 sq.ft for 1 BHK, 670 to 768 sq.ft for 2 BHK, 1,003 to 1,077 sq.ft for 3 BHK, and 2,235 to 2,332 sq.ft for 4 BHK.

4.What happens if possession is delayed beyond December 2029?

If possession is delayed beyond 31 December 2029, the builder is liable to pay monthly interest to buyers under RERA rules. The interest rate is linked to the State Bank of India MCLR plus 2%. Buyers can also file a complaint on the Karnataka RERA portal for delayed possession.

5.Does RERA cover structural defects after possession?

Yes. Under RERA Section 14(3), Puravankara must fix any structural defects, poor workmanship, or material failures reported within 5 years of possession at no cost to the buyer. This 5-year defect liability period applies to all 2,973 apartments across all 3 phases.

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