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PropertyLensBengaluru · invest
Financial & legal due diligence · public record · 18 Oct 2026

77 East

Modern Spaces · Sarjapur Road (Carmelaram / Dommasandra) · Sy No.7/4, Cozy Home Layout Layout, , Chikkadunnasandra Village, Sarjapura Main Road, Bangalore 562 125.

Promoter entityMODERN SPAACES
Entity type · PANPartnership Firm · ABKFM4760A
Developer brandModern Spaces · #33 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/200103/003119
Planning authorityLocal Planing Authority
Sanctioned plannot filed
Escrow bankFEDERAL BANK OF INDIA, Doddakenehalli Branch
Land0.84 acres
Court cases declared0
Complaints at K-RERA0 on this project · 0 on the promoter
Record fetchedSep 2026
2 red flags0 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/200103/003119. Prices and rents are locality estimates, not verified listings. This report records what the Karnataka RERA file, the promoter’s quarterly filings, the complaint register, public credit ratings and company filings say. It states facts and flags them; it does not judge the investment. Prices, returns and the investment score live in the separate full report.

Financial & legal due diligence

What the public record says

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/200103/003119. Prices and rents are locality estimates, not verified listings. Compiled Sep 2026 from the Karnataka RERA file, company registers, rating agencies, tribunal records and press. Facts only; anything that deserves a written answer before signing is flagged.

2 red0 watch4 positive
Delivery timeline3/10
2 extensions on the registration (−4); a registration completion date has already passed (−2)
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength5/10
no public credit rating for the promoter

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/308/PR/200103/003119 · MODERN SPAACES
Past RERA date
RegisteredOct 2019Original completionApr 2021Covid ext.Jan 2022Section 6 ext.Jan 2023TodaySep 2026
No litigation declaredNo complaintsEscrow: FEDERAL BANK OF INDIA
Credit ratings of the people behind it

No public credit rating located for the promoter.

MODERN SPAACES: no public rating located

Complaints & disputes on record
On this project00 open
On the promoter entity0all projects
Court cases declared0no stay recorded
At a glance
Registration extended 2×

Registration extended 2× — from 2021-04-01 to 2023-01-01 (already passed)

No complaints on this project

No RERA complaints on this project; 0 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹14.50 cr — where it goes
Land ₹3 cr · 21%Construction & on-site ₹11.5 cr · 79%
No litigation declaredBorrowing declared: not statedEscrow at FEDERAL BANK OF INDIA

Red flags to resolve in writing

1
Timeline

Registration extended 2 times: original completion 2021-04-01, now 2023-01-01.

2
Timeline

RERA completion date 2023-01-01 has passed without a completion application.

Questions to put to the developer before you sign

  1. Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
  2. Confirm the price list, floor-rise and other charges for the exact unit.
  3. Which date is contractual — 2023-01-01 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line1 sections · 8 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/200103/003119 · promoter MODERN SPAACES (Partnership Firm) · EX/PRM/KA/RERA/1251/308/PR/230327/003119
Dates
Start 2019-10-01 · original completion 2021-04-01 · 2 extensions: Covid Extension → 2022-01-01, Section 6 Extension → 2023-01-01 · current date has passed
Registered cost
Total ₹14.50 cr · land ₹3.00 cr · construction ₹11.50 cr
RERA bank account
FEDERAL BANK OF INDIA, Doddakenehalli Branch (70% construction account)
Land & towers
0.84 acres (3,390 sq m) · 77 east 48 homes, 4 floors
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 0 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/308/PR/200103/003119, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/200103/003119 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/308/PR/200103/003119 (registration file, quarterly updates, complaint register), fetched Sep 2026.

Caveats. Automated analysis: prices, rents and travel times are estimates until listings and Maps data are verified. RERA figures are the promoter’s own filings. Nothing here is legal, tax or investment advice.

PropertyLens · property-lens.ai · Facts are transcribed from public records as filed by the promoter and the regulator; figures on RERA certificates are promoter numbers certified on unaudited books. Absence of a court case or insolvency filing in these sources is not proof that none exists. Verify title, approvals and encumbrances with a lawyer before you sign. Nothing here is legal, tax or investment advice.
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