Purva Northern Lights resale value is projected to grow as the township nears possession in December 2029. The project is RERA-approved under Phase 1 number PRM/KA/RERA/1251/309/PR/120326/008523 across 2,973 apartments in 8 towers on 24.55 acres at KIADB Aerospace Park, Bagalur. Current launch prices start at ₹80 Lakhs for 1 BHK and go up to ₹2.64 Cr for 4 BHK at a base rate of ₹11,000 per sq.ft.
In real estate, resale means selling a home that someone already owns. When a person sells their apartment to a new buyer, that is called resale. People like resale apartments because they are often ready to move in. These homes are usually in developed areas with schools, shops, parks, as well as good roads. Buyers do not need to wait for new construction, and they can enjoy the facilities immediately. Resale apartments are also popular because the area is already established, making it easier for families and working professionals.
High-quality construction: The apartments are built with good materials. The layouts are smart and modern. Maintenance costs are low.
Wide range of amenities: The township has swimming pools, gyms, children’s play areas, jogging tracks, and beautiful gardens.
Trusted builde: Puravankara Group has delivered 80-plus projects across India. The company is listed on BSE and NSE, which means its financials are publicly audited.
Spacious and smart designs: Apartments have big rooms, proper sunlight, as well as good air flow.
Good connectivity: Close to metro stations, NH 44, STRR, and Outer Ring Road make travel easy.
Safe and gated township: Security and privacy make it ideal for families.
Well-maintained facilities: Parks, gyms, and common areas are kept clean and safe.
These factors help keep resale apartments attractive and in demand for years.
Here is a comparison of current launch prices and projected resale prices for Phase 1 units:
Size: 408 Sq Ft
Current Launch Price: ₹80 Lakhs onwards
Projected Resale Price: ₹95 Lakhs to ₹1.10 Cr (after possession in December 2029)
Size: 670 to 768 sq.ft
Current Launch Price: ₹1.11 Cr onwards
Projected Resale Price: ₹1.35 to ₹1.55 Cr (after possession)
Size: 1,003 to 1,077 sq.ft
Current Launch Price: ₹1.60 Cr onwards
Projected Resale Price: ₹2.00 to ₹2.40 Cr (after possession)
Size: 2,235 to 2,332 sq.ft
Current Launch Price: ₹2.64 Cr onwards
Projected Resale Price: ₹3.20 to ₹3.80 Cr (after possession)
Note: Resale prices are projections based on current market trends in KIADB Aerospace Park. Actual prices depend on floor level, tower, view, and market conditions at time of sale.
Purva Northern Lights Bangalore has a strong resale potential for buyers and investors. North Bangalore is growing very fast. More people are looking for modern and premium apartments in this area. Because of this, resale prices are expected to rise steadily in the next few years.
The township is close to IT parks, metro stations, and major roads like NH 44 and STRR. This makes commuting easy and adds value to the apartments. As more people hear about the project and its facilities, interest in resale apartments will grow. Many current owners may decide to sell their apartments after seeing price growth. This makes resale apartments a smart investment.
The location of Purva Northern Lights is one of the main reasons for strong resale prices. The township is in North Bangalore, near schools, hospitals, malls, and IT hubs like Manyata Tech Park and Kirloskar Tech Park. The upcoming Bagalur Cross Metro Station is only 10 minutes away, and Yelahanka Railway Station is close for longer trips. Roads like NH 44 and STRR connect the township to the rest of Bangalore quickly.
North Bangalore has many IT offices, and more people are moving here for work. This keeps rental demand high, which helps resale apartments maintain good value. Families and investors like buying homes here because the area is growing fast and is well connected.
The township targets possession in December 2029. Property rates in KIADB Aerospace Park currently range from ₹9,000 to ₹13,000 per sq.ft. The Doddajala Metro Station at 2.5 km is nearing completion and is expected to add a 10 to 15% price premium to this corridor by 2029. The iPhone assembly plant worth ₹21,911 Cr and Boeing facility worth ₹2,915 Cr are already operational near the site, keeping employment and rental demand consistently high.
The project has 8 high-rise towers and 2,973 apartments across 24.55 acres. Land prices in Bagalur rose 40% between 2021 and 2024. That trend is expected to continue as metro, highway, and aerospace infrastructure matures around the project.
Purva Northern Lights Bangalore is RERA-approved with a clear possession timeline, a trusted builder, and a high-employment catchment area. These 3 factors together support both short-term rental income and long-term resale value for investors.
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.