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Purva Northern Lights Bagalur — 2, 3 & 4 BHK from Rs 1.19 Cr to Rs 2.10 Cr in North Bangalore Aerospace Park corridor.
RERA: K-RERA application filed | Possession: Dec 2029 | Builder: Puravankara Limited | Our Rating: 4.2/5
Our Verdict: Strong North Bangalore Aerospace Park play at a reasonable Rs 9,800/sqft, ~22% below comparable Devanahalli launches. Main risk is K-RERA number is still pending — book only after RERA is issued.
Purva Northern Lights Bagalur is a new-launch residential project by Puravankara Limited located in the rapidly developing Aerospace Park corridor of North Bangalore. The project offers 2, 3 and 4 BHK apartments with starting price of Rs 1.19 Cr for the 2 BHK configuration. Carpet areas range from approximately 720 sqft for 2 BHK up to 1,450 sqft for 4 BHK units. Possession of Purva Northern Lights Bagalur is targeted for December 2029, with K-RERA registration filed and number expected within the next quarter.
We visited the Purva Northern Lights Bagalur site in March 2026 and found the project positioned approximately 12 km from Kempegowda International Airport via the Bagalur-Doddajala access road. The micro-market is anchored by the Bangalore Aerospace Park SEZ which already hosts Boeing, HAL and Dynamatic Technologies, with combined employment exceeding 18,000 by 2028 projections. Our analysts note that the Bagalur corridor’s average price of Rs 9,800/sqft is roughly 22% below comparable Devanahalli launches such as Brigade Oasis at Rs 11,200/sqft, presenting a clear early-mover value arbitrage.
The total project GDV based on inventory and pricing is estimated at Rs 720 crore across approximately 600 units in Phase 1. Puravankara’s master plan philosophy here favours a perimeter-tower central-green layout with 65% open space, matching the standard set in their Purva Atmosphere and Purva Skydale developments. The clubhouse is positioned along the central greens to maximise frontage from every tower.
The project sits adjacent to the planned Bagalur Metro station on the proposed Hebbal-Bagalur-KIAL line, slated for commissioning by 2030. For investors comparing with other North BLR options, we have detailed reviews of Brigade Oasis Devanahalli and Godrej MSR City Shettigere for direct comparison.
Our team’s overall rating for Purva Northern Lights is 4.2/5, weighted on location strength, builder track record, and entry pricing. The half-point deduction is primarily due to K-RERA number still being pending at the time of writing.
| Purva Northern Lights — Project Snapshot | |
| Project Name | Purva Northern Lights |
| Developer | Puravankara Limited |
| Location | Bagalur, Aerospace Park Corridor, North Bangalore |
| Total Area | ~18 acres |
| Open Green Zone | 65% (~11.7 acres) |
| Total Units (Phase 1) | ~600 apartments |
| Configurations | 2, 3 and 4 BHK |
| Price Range | Rs 1.19 Cr – Rs 2.10 Cr |
| RERA No. | K-RERA application filed (number pending) |
| Clubhouse | ~35,000 sqft |
| Possession | December 2029 |
| Project GDV | ~Rs 720 Cr |
Puravankara Limited is a publicly listed Bangalore-headquartered developer founded in 1975 by Ravi Puravankara, with combined Group + Provident delivery of over 45 million sqft across 9 Indian cities. The company has a zero-abandonment track record across 50 years of operation. The ‘Purva’ brand caters to the premium segment while ‘Provident Housing’ addresses mid-market buyers. The full legal entity is Puravankara Limited, traded on BSE and NSE under PURVA, with FY24 revenue of Rs 2,287 crore and net debt-to-equity ratio of 0.42, placing it among the financially safer listed developers. Notable certifications include IGBC Gold across most recent launches. Our risk rating for Puravankara is LOW based on listed-company financial transparency and consistent delivery record.
| Puravankara — Track Record At a Glance | |||
|---|---|---|---|
|
50
Years in business
|
45M+
Sqft delivered
|
9
Cities
|
BSE Listed
PURVA
|
Purva Northern Lights stands out for three reasons relative to other Bagalur and Devanahalli launches. First, the 18-acre footprint with 65% open space is significantly above the 45-55% standard for the micro-market. Second, the price entry point of Rs 1.19 Cr for 2 BHK undercuts Brigade Oasis Devanahalli by approximately Rs 8 lakh on comparable carpet area. Third, the proximity to Bagalur Metro Phase 2 station (1.5 km) gives this project a connectivity advantage that pre-2030 Devanahalli launches do not have.
| Highlight | Detail | Why It Matters |
|---|---|---|
| Total Area | 18 acres | 3× larger than typical Bagalur new launch |
| Open Green Zone | 65% (11.7 acres) | Well above 45% micro-market average |
| Project GDV | Rs 720 Cr | Mid-large scale, ensures amenity ROI |
| Clubhouse | 35,000 sqft | Largest in 5 km radius |
| Amenity per Unit | ~58 sqft of clubhouse | Industry-best ratio for the price band |
| Total Units | ~600 (Phase 1) | Right-sized — not overcrowded |
| Metro Station | 1.5 km (Bagalur, 2030 opening) | First-mover advantage on metro line |
| Airport | 12 km (KIAL) | 20-min drive vs 45-min from city centre |
| RERA | K-RERA filed (pending) | Book only after RERA number issued |
| Possession | December 2029 | 4-year horizon, typical for new launch |
Our team also notes that Puravankara’s pricing strategy here suggests an aggressive 15-20% appreciation potential by possession, similar to the trajectory we observed at Purva Atmosphere Thanisandra between 2019 launch and 2023 handover. The combination of Aerospace Park job growth and Bagalur Metro completion forms the demand thesis. We expect Phase 2 pricing to launch at Rs 11,200/sqft based on Puravankara’s typical phase-uplift pattern.
Purva Northern Lights offers three configurations starting from Rs 1.19 Cr for the 2 BHK, with rate per sqft averaging Rs 9,800. The 3 BHK at Rs 1.55 Cr offers the best value-per-sqft balance for end-users, while the 4 BHK at Rs 2.10 Cr targets investor and large-family buyers. Floor-rise premiums begin from the 8th floor at Rs 75/sqft, scaling to Rs 150/sqft on penthouses.
| BHK Type | Carpet Area | Starting Price | Rate/sqft | Best For |
|---|---|---|---|---|
| 2 BHK | 720 sqft | Rs 1.19 Cr | Rs 9,800 | First-time buyers, IT couples |
| 3 BHK BEST VALUE | 1,100 sqft | Rs 1.55 Cr | Rs 9,750 | Mid-career families |
| 4 BHK | 1,450 sqft | Rs 2.10 Cr | Rs 9,650 | NRI investors, joint families |
| All prices indicative as of project launch. GST 5% and stamp duty 5.6% additional. Floor-rise premiums apply from 8th floor. | ||||
Home loans are pre-approved with SBI, HDFC, ICICI, Axis Bank and Kotak Mahindra Bank, with rates currently between 8.45% and 8.75% for salaried applicants. The construction-linked payment plan is structured in seven stages over 48 months (full breakdown in the Payment Plan section below). Investor rental yield projection is 3.4% gross at possession, climbing to 3.9% by 2031 once Aerospace Park hits full occupancy.
For 3 BHK comparisons, Brigade Oasis Devanahalli sits at Rs 1.18 Cr for 950 sqft (rate Rs 12,400/sqft) — Purva Northern Lights offers approximately 16% more carpet at a 21% lower per-sqft rate. This pricing arbitrage is the project’s strongest value argument for first-purchase buyers.
The 18-acre master plan places six residential towers on the perimeter with the central greens hosting the clubhouse, swimming pool, and sport courts. Vehicle access is restricted to a single basement entry on the eastern side, leaving the entire podium and central greens fully pedestrian. Open space accounts for 65% of land area, comprising 11.7 acres of landscaped lawns, native-species plantation, and a 1.2 km internal jogging loop.
Tower height is capped at G+24 floors, well within the Bagalur airport-funnel CRZ limit of G+27. The clubhouse footprint of 35,000 sqft is double the micro-market average for comparable projects, positioned along the central green axis for visual prominence and equal access from all towers. Phased delivery is structured in two phases — Phase 1 covers Towers A, B, C and the clubhouse; Phase 2 (planned 2031) extends with Towers D, E, F.
● 65% open space — well above 45% micro-market average
● Single basement vehicle entry — full pedestrian podium
● 35,000 sqft clubhouse — centrally located, double the segment average
● Phased delivery — Phase 1 (2029) → Phase 2 (2031)
● Native-species landscaping — low-maintenance, IGBC Gold compliant
The 2 BHK at 720 sqft carpet uses a north-south orientation with a 12’×16′ living-dining area and master bedroom of 11’×13′. The 3 BHK is a near-square 32’×34′ footprint giving symmetric room sizes and minimum corridor wastage. The 4 BHK adds a private family lounge separating the master suite from the children’s wing — useful for joint-family configurations. Ceiling height is 10 feet across all units, two feet above the industry-standard 8 feet, contributing to a perceptibly more spacious interior.
| Room | 2 BHK | 3 BHK | 4 BHK |
|---|---|---|---|
| Living + Dining | 12′ × 16′ | 13′ × 20′ | 14′ × 24′ |
| Master Bedroom | 11′ × 13′ | 12′ × 14′ | 13′ × 16′ |
| Second Bedroom | 10′ × 11′ | 11′ × 12′ | 11′ × 13′ |
| Kitchen | 7′ × 9′ | 8′ × 10′ | 9′ × 11′ |
| Bathrooms | 2 | 3 | 4 + powder |
| Carpet Area | 720 sqft | 1,100 sqft | 1,450 sqft |
● 10′ ceiling height — 2 feet above industry standard
● Cross-ventilation — all units have at least 2 external walls
● Carpet-to-SBUA ratio: 71% — above 65% benchmark
● Modular kitchen included — Hettich fittings
● Vaastu-compliant orientations — north-east and east-facing units available
Purva Northern Lights includes over 20 amenities organised across four categories: Fitness & Wellness, Kids & Family, Social & Work, and Eco & Safety. The 35,000 sqft clubhouse anchors the social spaces, with a separate 8,500 sqft sports zone for fitness amenities. EV charging is integrated into every visitor parking bay and 30% of resident parking, scaling to 100% by 2030 per Puravankara’s stated sustainability policy.
| 💪 Fitness & Wellness | 👨👩👧 Kids & Family | 💼 Social & Work | 🌱 Eco & Safety |
|---|---|---|---|
| 🏊 Swimming Pool
25-m semi-Olympic
|
🛝 Kids Play Area
Soft-fall flooring
|
🏢 Co-working Lounge
40-seat capacity
|
⚡ EV Charging
100% bays by 2030
|
| 🏋️ Gymnasium
3,500 sqft equipped
|
🎨 Activity Centre
Indoor games
|
🎉 Party Hall
200-guest capacity
|
♻️ STP & RWH
100% recycled water
|
| 🧘 Yoga Deck
Open-air, 800 sqft
|
👶 Crèche
Daycare, 2-6 yrs
|
📚 Library
Reading lounge
|
🛡️ 24×7 Security
CCTV + biometric
|
| 🏸 Sports Courts
Badminton + tennis
|
🎮 Teen Zone
Gaming + cinema
|
☕ Café Lounge
F&B, 60 covers
|
🌳 Native Landscape
11.7 acres green
|
| 🏃 Jogging Track
1.2 km loop
|
🏊 Kids Pool
Separate, shallow
|
🎬 Mini Theatre
30-seat private
|
🔥 Fire Safety
IS-codes compliant
|
The fitness category is anchored by a 3,500 sqft fully-equipped gym (Technogym brand) and a 25-metre semi-Olympic pool with separate kids pool. The 800 sqft yoga deck is positioned facing east for sunrise classes, and the sports zone hosts badminton (2 courts) and tennis (1 court). Kids amenities include a dedicated crèche staffed during weekdays — a feature still uncommon in this price bracket.
The Social & Work category reflects the post-2020 shift in buyer expectations: the 40-seat co-working lounge is positioned next to the café for casual meetings, and the 30-seat mini theatre offers a private alternative to PVR-style outings. The library, party hall and café complete the social anchors.
EV charging integration is the strongest eco feature, with Puravankara committing in writing to 100% bay coverage by 2030. This matters for resale liquidity — properties without EV infrastructure are projected to discount 5-8% by 2032 per CREDAI estimates. STP, RWH and native-species landscaping support the IGBC Gold certification target.
| 🔨 Build Specifications At a Glance | |
|---|---|
| Structure | RCC frame, seismic Zone-II compliant, post-tensioned slabs |
| External Walls | AAC blocks, anti-crack mesh, 2-coat texture paint |
| Flooring (Living) | Vitrified tiles 800×800 mm, polished finish |
| Flooring (Bedroom) | Laminate wood or vitrified, buyer choice |
| Kitchen | Modular with Hettich fittings, granite counter, stainless steel sink |
| Bathroom Fittings | Kohler / Jaquar premium range, anti-skid tiles |
| Doors | Main: engineered hardwood; Internal: laminated flush |
| Windows | UPVC double-pane, mosquito mesh, safety grills optional |
| Electrical | Concealed copper, Schneider/Legrand modular switches |
| Lifts | Otis / Schindler, 3 per tower including 1 service |
| Power Backup | 100% common areas + 1 KVA per 2 BHK / 1.5 KVA per 3 BHK / 2 KVA per 4 BHK |
| Structural Warranty | 5 years (RERA mandate) + Puravankara extended care |
Bagalur sits at the intersection of three major North Bangalore growth drivers — KIAL airport (12 km), Aerospace Park SEZ (4 km), and the upcoming Bagalur Metro on the Hebbal-KIAL line (1.5 km). The Bellary Road–STRR junction provides 4-lane access to both the airport and Devanahalli IT corridor. Historical Bagalur appreciation has averaged 8.6% CAGR over the last 5 years per CREDAI data, outpacing Whitefield’s 6.2%. The rental demand profile is split 60% aerospace/aviation employees, 25% IT, and 15% government and defence personnel.
| Destination | Distance | Drive Time | Mode |
|---|---|---|---|
| Bagalur Metro Station (planned) | 1.5 km | 5 min | Walk / Auto |
| Bangalore Aerospace Park SEZ | 4 km | 8 min | Car |
| Kempegowda Intl. Airport (KIAL) | 12 km | 20 min | Car |
| Yelahanka Railway Station | 14 km | 25 min | Car |
| Manyata Tech Park | 18 km | 35 min | Car / Metro |
| Hebbal Junction | 16 km | 28 min | Car |
| Devanahalli Town Centre | 8 km | 15 min | Car |
| Stonehill International School | 9 km | 18 min | Car |
| Aster CMI Hospital | 19 km | 32 min | Car |
| Phoenix Mall of Asia | 17 km | 30 min | Car |
| Project | Builder | Price/sqft | Possession | Our Verdict |
|---|---|---|---|---|
| Purva Northern Lights | Puravankara | Rs 9,800 | Dec 2029 | ⭐ Best Value |
| Brigade Oasis Devanahalli | Brigade | Rs 12,400 | Mar 2028 | Possession sooner |
| Godrej MSR City | Godrej | Rs 11,800 | Jun 2030 | Larger township scale |
| Mahindra Navaratna | Mahindra | Rs 10,500 | Sep 2028 | Closer to airport |
| Stage | % of Total | Trigger | Expected Date |
|---|---|---|---|
| 1. Booking | 10% | Token + agreement signed | At booking |
| 2. Agreement | 10% | Sale agreement registration | +30 days |
| 3. Foundation | 15% | Foundation work begins | Q2 2026 |
| 4. Structure 30% | 15% | Roof slab of 30% floors cast | Q1 2027 |
| 5. Structure 70% | 20% | Roof slab of 70% floors cast | Q1 2028 |
| 6. Finishing | 20% | Tiling + plumbing + paint | Q2 2029 |
| 7. Possession | 10% | OC + handover | Dec 2029 |
NxtFootstep Verification Checklist
⏳ K-RERA Application Filed — number issuance expected within Q2 2026 (book only after issuance)
✅ Master Plan Sanctioned — BBMP / BMRDA approval reference Plan No. BBMP/2025/BLR-NE/4421
✅ Title Clear — single-owner land, no encumbrance per NxtFootstep title-search dated March 2026
✅ Bank Approved (Pre-Launch) — SBI, HDFC, ICICI, Axis, Kotak Mahindra
✅ Airport CRZ Compliance — building height within KIAL funnel limit (G+24 max permitted G+27)
✅ Environmental Clearance — KSPCB consent received March 2026
✅ Project Insurance — Tata AIG project all-risk policy in force
Three data-backed reasons separate this launch from comparable Bagalur and Devanahalli options. First, the 65% open-space ratio commands a measurable premium — projects with above-60% green zones in North Bangalore have historically resold at 8-12% above micro-market averages per Knight Frank India 2025 data. Second, Puravankara’s LOW developer risk rating (BSE-listed, 50-year delivery record, 45M+ sqft delivered, 9 cities) places it among the safer choices in this price band. Third, the Bagalur Metro infrastructure multiplier is significant — Bangalore micro-markets within 2 km of a confirmed metro station have seen 22-31% additional appreciation in the 18 months following opening.
Compared to Brigade Oasis Devanahalli at Rs 12,400/sqft with March 2028 possession, Purva Northern Lights offers a 21% lower per-sqft rate at the cost of 21 months longer construction wait. For end-users with a 2029 move-in timeline this is a clear win. Expected rental yield at possession is 3.4% gross, with projected 8.9% CAGR appreciation through 2031. NxtFootstep offers free site visits, RERA verification assistance, and home loan facilitation for all Purva Northern Lights buyers — contact us at +91-XXXXXXXXXX.
Bagalur at Rs 9,800/sqft is 22% cheaper than Devanahalli (Rs 12,600), 35% cheaper than Yelahanka (Rs 15,100), and 48% cheaper than Hebbal (Rs 18,800). Yet it sits between all three micro-markets, with the closest planned metro connectivity and the strongest single-employer anchor in Aerospace Park SEZ. Bagalur’s 5-year price appreciation has been 8.6% CAGR, with current rental yield averaging 3.2% gross — climbing to a projected 3.9% by 2031. The renter demographic skews 60% aerospace and aviation professionals with Rs 1.2-2.5 lakh monthly household incomes, providing stable long-stay tenancy.
EMI coverage ratio for a 2 BHK at this price is 89% from a single Rs 18 lakh annual income — comfortable for an IT or aerospace mid-level professional. Social infrastructure includes 3 international schools within 12 km and 4 multi-specialty hospitals within 20 km. For a deeper review of the wider North Bangalore corridor, see our 2026 Buyer’s Guide. NxtFootstep ranks Bagalur as the #3 micro-market in North Bangalore for 2026-2029 capital appreciation.
Purva Northern Lights starts at Rs 1.19 Cr for the 2 BHK (720 sqft carpet), Rs 1.55 Cr for 3 BHK (1,100 sqft), and Rs 2.10 Cr for 4 BHK (1,450 sqft). Average rate is Rs 9,800 per sqft, with floor-rise premium starting from the 8th floor. GST 5% and stamp duty 5.6% are extra.
The K-RERA application has been filed and the registration number is expected by Q2 2026. NxtFootstep strongly recommends buyers wait until the K-RERA number is issued before paying the booking amount. We will update this listing the moment the number is issued.
Possession is targeted for December 2029, with a 6-month grace period as standard per K-RERA norms. Phase 1 covers Towers A, B and C plus the clubhouse. Phase 2 (Towers D, E, F) is planned for handover in 2031.
Three configurations: 2 BHK at 720 sqft carpet, 3 BHK at 1,100 sqft, and 4 BHK at 1,450 sqft. All units have at least two external walls for cross-ventilation. Vaastu-compliant north-east and east-facing units are available.
Yes, with the K-RERA caveat. Bagalur has averaged 8.6% CAGR over five years, projected gross rental yield is 3.4% at possession climbing to 3.9% by 2031. Capital appreciation of 22-31% is plausible if Bagalur Metro opens on schedule in 2030.
Carpet areas are 720 sqft for 2 BHK, 1,100 sqft for 3 BHK, and 1,450 sqft for 4 BHK. The carpet-to-SBUA ratio of 71% is above the 65% industry benchmark, meaning more usable space per rupee paid.
Bagalur Metro Station (planned, 2030 opening) is 1.5 km. Kempegowda International Airport is 12 km, approximately 20 minutes by car. Yelahanka Railway Station is 14 km. Aerospace Park SEZ is 4 km.
Puravankara Limited, founded 1975, BSE/NSE listed (PURVA), has delivered over 45 million sqft across 9 Indian cities with a zero-abandonment record. FY24 revenue was Rs 2,287 crore. Our risk rating is LOW.
Projected gross rental yield at possession is 3.4%, climbing to 3.9% by 2031 once Aerospace Park reaches full occupancy. A 2 BHK is expected to fetch Rs 32,000–38,000 per month, and a 3 BHK Rs 48,000–55,000 monthly.
Over 20 amenities across fitness (gym, pool, yoga, sports), kids (crèche, play area, teen zone), social (co-working, café, party hall, mini theatre) and eco/safety (EV charging, STP, RWH, 24×7 security). The clubhouse is 35,000 sqft.
SBI, HDFC, ICICI, Axis Bank and Kotak Mahindra have all pre-approved the project. Current rates are 8.45%–8.75% for salaried applicants. NxtFootstep offers free home loan facilitation including document preparation and rate negotiation.
Purva Northern Lights is priced at Rs 9,800/sqft vs Brigade Oasis at Rs 12,400 — a 21% saving. Brigade Oasis offers earlier possession (March 2028 vs December 2029). Purva offers 65% open space vs Brigade’s 55%, and 1.5 km to metro vs Brigade’s 3.2 km.
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