About Price Trends
Purva Aerocity's price for apartments starts from Rs 1.72 Crores. The price of 2 BHK flat starts at Rs 1.72 Cr and goes up to 1.88. The price of 3 BHK flats ranges between Rs 21.7 Cr and Rs 2.68 Cr. The price of 3.5 BHK- Classic units ranges from Rs 2.81 Cr to Rs 2.95 Cr.
Purva Aerocity is one of the best projects in Chikkajala at a reasonable price range. Purva Aerocity offers a wide range of housing options to suit different budgets. With great connectivity and impeccable modern amenities, this project is worth the price.
The documents of Purva Aerocity, including the price list, cost sheet, and payment schedule, are also attached for reference. The project has attractive launch price offers and easy payment plans based on the size of the apartment chosen by the buyers. The builders of Purva Aerocity, Purvanakara Limited, help buyers by providing luxurious residential houses at an affordable price range with an easy payment plan.
Investing in apartments is a great option as buyers can get value for money, freedom of moving right away, potential appreciation, etc. So, investing in Purva Aerocity, which is located in Chikkajala, is a dream come true investment that gives extravagant apartments at the best price in the prime area of the city.
One of the newest hotspots for real estate investment is the North Bengaluru neighbourhood of Chikkajala. It is now better known as the area near the recently constructed Kempegowda Airport. The area has great access to major city centres, ensuring a good flow of traffic. Buses run on a regular timings to meet the increasing demand for public transport. With flights to numerous cities, this airport is the second busiest in the nation.
Purva Aerocity in Chikkajala offers spacious 2, 3, and 3.5 BHK apartments, which are the best choices for investment. It is a distinctive property with a matchless design at a reasonable price range. The avg price of the flats is offered at Rs 14.5/ sq. ft.
Purva Aerocity offers a variety of luxury apartments in Chikkajala, catering to a wide budget range while providing value for money. The price list is given, and buyers can easily select the units they wish to buy according to their budget and size. The price of the flat varies based on the size and its placement in the tower.
- 2 BHK – Rs. 1.72 Cr - 1.88 Cr
- 3 BHK – Rs. 2.17 Cr - 2.68 Cr
- 3.5 BHK – Rs. 2.81 Cr - 2.95 Cr
The project's launch is in 2024 after it gets all the approvals, and the buyers can take possession of this property at the beginning of 2029. The project will be completed on time on the given possession date, as Purvanakara Limited always meets deadlines. The complete price list of Purva Aerocity will be revealed soon, as it is currently in the pre-launch phase. Bookings will be open soon after the launch, and buyers can reserve their dream house in this project. As the prices are increasing fast in this area, it is a wise choice to invest now.
Chikkajala is in the Northern part of Bangalore, and due to its proximity to the airport, prices have been booming in the locality. From affordable to luxury segments, the area caters to a range of investment options for buyers and investors.
Due to its proximity to all major locations of the city, real estate prices have been increasing in the area. The construction of Metro Blue Line has started, and it will pass through all major work locations. The quick growth has increased the demand for properties in Chikkajala.
Chikkajala is a eccentric location for purchasing a high-end home. In the area, real estate values are competitive now. Bangalore’s Chikkajala location is an ideal location for buying a dream house as it is near the airport and the prices of real estate are competitive here.
Purvanakara Limited will investigate market trends in detail prior to deciding the right price. Investors can reserve their ideal property at Purva Aerocity during the pre-launch of the apartments due to price appreciation.
The average price of properties in Chikkajala from Rs. 8,500 per square foot. The average rental rate of 2 BHK apartments starts from Rs. 30,000/-. The cost of a luxury apartment with all the facilities is about Rs. 1.50 crore for a 2 BHK apartment. The neighbourhood is expanding swiftly, and the prices are increasing steadily in the area.
Investing in an apartment is an important decision in Bangalore, as rental rates are increasing fast. The city has a wide range of job options which attracts people here. The city offers many residential options to meet the real estate demand, from flats to luxury villas. The size of the apartments, location, builder reputation and amenities determine the prices.
The new metro lines and improved transport network make it more desirable for real estate investment, which increases the price of real estate here. As the demand for properties is rising fast, apartment living has become popular in the city as it offers comfort and a luxurious lifestyle.
Apartments come in a variety of sizes and price ranges in Bangalore, including 1 BHK, 2 BHK, 3, and 4 BHK. The size of the flats usually influences the price. The price of a single bedroom apartment in Bangalore starts from Rs.50 lakhs, but it varies with location. The rental price of 1 BHK flats in the city is from Rs.10,000 to Rs. 25,000.
A payment plan provides wide-ranging information on the cost of the apartment, including GST, initial booking amount, agreement cost, and the amount to be paid every month in instalments. It will provide a detailed description of the payment procedure.
Purva Aerocity Payment Plan offers an easy payment plan for buyers that allows them to pay in risk-free instalments. When booking, 10% of the total amount must be paid. After that, the outstanding price amount will be divided into small schedules. The base price does not include other fees, such as registration charges and stamp duty charges. These payment plans are best for driving sales for the project.
As Purva Aerocity is RERA-approved, the payment plan is divided into small schedules, which include:
- The buyer can pay 10% of the whole amount when booking any apartment
- After the construction process starts, 10% of the total amount can be paid.
- During the Excavation process of the project, 10% of the total amount can be paid
- During the Plinth process of the project, 10% of the total amount can be paid
- During the Plinth process of the project, 10% of the total amount can be paid
- While building the Basement construction, 10% of the total amount can be paid
- While constructing the Ground Floor of the project, 10% of the total amount can be paid
- While constructing the first floor of the project, 10% of the total amount can be paid
- During the Flooring process of the project, 10% of the total amount can be paid
- While Plumbing work of the project, 10% of the total amount can be paid
- During possession of the project, 10% of the total amount can be paid.
Bangalore's residential real estate market is the greatest place for buyers to invest in housing projects. Because of the increasing demand, the real estate market is steady here. The city has a good transport network to all areas of the city. The upcoming metro will improve the transport network of the area further, and all these developments will result in increasing prices of real estate. The price varies with the location, and rates are increasing fast in the city.
The prices of apartments in different parts of Bangalore are as follows.
| Place | Average Price |
| Hebbal | Rs.10500/ sq ft |
| Panathur Road | Rs. 9,300/ sq ft |
| Manyata Tech Park | Rs. 8,900/ sq ft |
| Electronic City | Rs.5000/ sq ft |
| Varthur | Rs.9500/ sq ft |
| Sarjapur Road | Rs.8000/ sq ft |
| Bannerghatta Road | Rs. 6,500/ sq ft |
| Marathahalli | Rs. 8,500/ sq ft |
| Jayanagar | Rs. 13,500/ sq ft |
| Whitefield | Rs. 11,000/ sq ft |
| JP Nagar | Rs. 7000/ sq ft |
| Indira Nagar | Rs.14500/ sq ft |
| Begur Road | Rs.5000/ sq ft |
Bangalore's real estate market is anticipated to increase further in 2024 due to several factors, such as job opportunities and economic growth. So, investing in any property in this city is best as it will give a good ROI later.
Chikkajala, in North Bangalore, is one of the important hotspots of Bangalore, now with the introduction of the airport. Over the years, the property values have increased fast. The area has good road transport, metro and air connectivity, too. It results in the increased price in the area and the area is best for investment now.
According to current price trends, the average price in Chikkajala ranges from Rs. 8,500 per square foot. The average rental rate starts from Rs. 30,000/- for 2 BHK apartments. The cost of a luxury apartment ranges from Rs. 1.5 crore for 2 BHK apartments.
There are 2 major parts of a cost sheet, which includes:
- The well-designed payment schedule and
- The break-down of the apartment costs.
Purva Aerocity cost sheet is an accurate document for estimating a property's cost as it illustrates the price of each configuration in detail. The cost sheet has not been released as Purva Aerocity is in the pre-launch phase. Buyers can make financial decisions based on the information provided in the cost sheet.
Purva Aerocity cost sheet provides detailed data of
- Stamp duty and registration charges
- Build-up Area cost
- Carpet Area cost
- Agreement value cost
- Taxes
- Base price
- Sale value
- Additional charges
- Total Price
- Applicable GST for the Apartment.
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