Purva Hennur Prices & Payment Plan | 2, 3 & 4 BHK on Hennur Road

Purva Hennur Price List: Detailed Cost Breakdown & Payment Plans

If you are considering investing in luxury real estate in North Bangalore, understanding the financial commitment is the first crucial step. Purva Hennur (also marketed as Puravankara Codename Hennur) is an exclusive, upcoming high-rise residential project by Puravankara Limited, located on the rapidly developing Hennur Bagalur Main Road.

This page provides a comprehensive breakdown of the expected pricing, unit configurations, and standard payment structures for these premium residences. Our goal is to provide complete transparency so you can make an informed, data-driven property decision.

Apartment Pricing Overview
This project is positioned as a low-density, ultra-luxury development. Spanning 3 acres, the estate features a single massive tower (with two wings) soaring 24 floors high (3B+G+24). Bypassing compact formats, the developer is offering only large-format homes, limiting the inventory to approximately 200 exclusive units.

Currently in its early-bird phase, the entry cost is estimated to start at approximately ₹17,000 per sq. ft. Below is the estimated base pricing based on the initial per-square-foot rate.

Configuration	Super Built-up Area (Approx.)	Estimated Base Price*
3 Bedroom	1950 - 2010 Sq.Ft.	On Request
3 Bedroom + Maid	2400 Sq.Ft.	On Request
4 Bedroom + Maid	2700 - 2790 Sq.Ft.	On Request

Understanding the Total Cost of Ownership

When reviewing the official cost sheet, it is essential to distinguish between the "Basic Sale Price (BSP)" and your final financial outlay. Real estate transactions in Karnataka include several mandatory additions to the base rate:

Basic Cost: The core value of the flat (Per Sq.Ft. Rate × Super Built-up Area).
Premium Location Charges (PLC): Additional costs if you select a unit with preferential views (e.g., uninterrupted city skyline or landscaped garden view).
Floor Rise Charges (FRC): A standard per-square-foot premium added for every level you go up. Given the 24-story elevation, higher units carry a premium for better ventilation and vistas.
Infrastructure & Amenity Fees: One-time charges for clubhouse membership, BESCOM (electricity infrastructure), BWSSB (water supply), and advanced power backup installations.
Government Taxes & Duties: Goods and Services Tax (GST), Stamp Duty (typically 5.1% in Bangalore), and Property Registration fees (1%).
Corpus Fund / Maintenance Deposit: Advance facility management fees generally collected for the first 1-2 years upon handing over possession.

Expected Payment Plan Structure

Puravankara Limited typically offers buyer-friendly, RERA-compliant financing frameworks. The standard model for a project of this scale is the Construction-Linked Payment Plan (CLP). This ensures your capital is protected, as disbursements are tied directly to the physical progress of the tower.

A standard CLP schedule generally operates as follows:

Expression of Interest (EOI): A fixed, refundable token to block your preferred unit.
Booking Confirmation: 10% of the total property value (minus the EOI amount) within 15-30 days of blocking the unit.
Agreement of Sale: An additional 10% upon signing the legal documentation.
Foundation & Slab Castings: Scheduled percentages (e.g., 5-10%) due as specific floors are built.
Brickwork & Plastering: Scheduled percentages as interior frameworks finish.
Handover / Possession: The final 5% (plus stamp duty and registration) upon receiving the keys.

Is This Project Worth the Investment?

With a starting base rate of ₹17,000/sq. ft., this development commands a premium price tag. However, the valuation aligns with current micro-market data and surrounding infrastructure:

Strategic Connectivity: Situated prominently on Hennur Main Road, the site is just 600 meters from the Outer Ring Road (ORR) and the upcoming Metro line.
Employment Hub Proximity: It is a 15-minute commute to Manyata Tech Park and provides seamless access to the KIADB Aerospace SEZ.
Capital Appreciation: Buyers who enter at the initial launch window historically capture a 15–25% appreciation before the final handover date.

Developer Pedigree: With over 47 years of trusted construction quality, the builder guarantees timely delivery and premium asset management.

Frequently Asked Questions

1. Is the pricing negotiable?
Initial launch pricing is generally fixed, as it represents the lowest possible entry point into the project. However, buyers who submit an EOI early often benefit from inaugural waivers, such as discounted floor rise charges.

2. What is the process for submitting an EOI token?
You can submit the booking amount (usually via cheque, DD, or online RTGS transfer) directly to the developer's official escrow account. If you change your mind before unit allotment, this amount is typically 100% refundable.

3. How is GST calculated for this project?
For under-construction luxury residential properties in India, a GST rate of 5% is applied to the agreement value. Note that this 5% bracket does not allow the builder to claim Input Tax Credit (ITC).

4. Are there any hidden fees?
No. Strict RERA guidelines ensure total transparency. All auxiliary charges (Clubhouse, BESCOM, BWSSB, Legal fees) will be explicitly detailed in your allotment letter.

Purva Hennur Price List

Purva Hennur Price List: Detailed Cost Breakdown & Payment Plans

Understanding the Total Cost of Ownership

Expected Payment Plan Structure

Is This Project Worth the Investment?

Frequently Asked Questions

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