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

Abhee Celestial City

Abhee Ventures · Sarjapur Road (Carmelaram / Dommasandra) · SY NO.24/2, 24/6, 24/8, 24/11, CHIKKAVADERAPURA VILLAGE, SARJAPURA HOBLI , ANEKAL TALUK, BANGALORE

Promoter entityNEXPLACE INFRASTRUCTURE
Entity type · PANPartnership Firm · AASFN1079J
Developer brandAbhee Ventures · #18 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/071123/006380
Planning authorityBDA - Bangalore Development Authority
Sanctioned planBDA/PA/ME/AA-1/TA-4/E/31/2023-24 · 2023-10-10
Escrow bankINDUSIND BANK, MG Road, Bangalore
Land4.84 acres · 9 land owners on record
Court cases declared0
Complaints at K-RERA0 on this project · 0 on the promoter
Record fetchedSep 2026
0 red flags1 to watch6 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/071123/006380 and 3 quarterly filings. 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/071123/006380 and 3 quarterly filings. 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.

0 red1 watch6 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹14.70 cr, withdrew ₹11.90 cr
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/071123/006380 · NEXPLACE INFRASTRUCTURE
On original date
RegisteredOct 2023TodaySep 2026Original completionJun 2029
Construction59%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked200 / 399
199 still available
Sold vs built50% vs 59%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹31.26 CrWithdrawn ₹31.55 CrQ3 2025-2631.26 Cr31.55 CrCollected ₹23.99 CrWithdrawn ₹22.07 CrQ4 2025-2623.99 Cr22.07 CrCollected ₹14.70 CrWithdrawn ₹11.90 CrQ1 2026-2714.70 Cr11.90 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Internal and External work including lands
    0%
  • Basic work of Water supply, Sanitary and E
    12%
  • Electrification, Water supply and Sanitary
    20%
  • Elevation work
    20%
  • Joinery: Doors, Windows, Ventilators etc
    35%
  • Dadoing, Skirting, Flooring, Tiles work
    47%
No litigation declaredNo complaintsEscrow: INDUSIND BANKJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

NEXPLACE INFRASTRUCTURE: 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
On its original RERA date

On its original RERA completion date: 2029-06-30

59% built, 50% booked

59% built per the latest filing; 200/399 homes booked

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 ₹289 cr — where it goes
Approvals ₹3.3 cr · 1%Construction & on-site ₹270.9 cr · 94%Other / taxes ₹14.3 cr · 5%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
202420252026202720282029Earth work and other leveling preparat100%Foundation footing work100%Upto Plinth Level100%Sub-structure flooring50%Retaining wall100%RCC or MS Framed structure59%Masonry Construction52%Plastering inside , outside & Ceiling52%Joinery: Doors, Windows, Ventilators e35%Basic work of Water supply, Sanitary a12%Dadoing, Skirting, Flooring, Tiles wor47%Railing and Grill fixing62%Electrification, Water supply and Sani20%Painting55%Fire prevention and fire fighting fitt55%Weather Proof work51%Elevation work20%Internal and External work including l0%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
No litigation declaredBorrowing declared: NoEscrow at INDUSIND BANK9 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

Joint-development land: confirm which units fall in the owners’ share.

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 — 2029-06-30 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. What is the land owners’ share of built area and is the unit in the developer’s share?
Full record: every filed number, line by line1 sections · 13 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/071123/006380 · promoter NEXPLACE INFRASTRUCTURE (Partnership Firm) · 431/2020-21
Dates
Start 2023-10-18 · original completion 2029-06-30 · no extensions
Progress
59% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 200 of 399 homes booked (199 available)
Registered cost
Total ₹289 cr · construction ₹271 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
INDUSIND BANK, MG Road, Bangalore (70% construction account)
Plan sanction
BDA/PA/ME/AA-1/TA-4/E/31/2023-24 dated 2023-10-10 · BDA - Bangalore Development Authority
Land & towers
4.84 acres (19,602 sq m) · ABHEE CELESTIAL CITY 399 homes, 26 floors
Land owners / co-promoters
NEXPLACE INFRASTRUCTURE (100.0%, Sy 24/11); NEXPLACE INFRASTRUCTURE (100.0%, Sy 24/8); NEXPLACE INFRASTRUCTURE (100.0%, Sy 24/8); DV DHANARAJU (33.1%, Sy 24/8); APPARAO JAMPANI (30.0%, Sy 24/8); DV KRISHNAPPA (30.0%, Sy 24/8); RATAKONDA RAMESH (30.0%, Sy 24/8); BASAVA REDDY (33.0%, Sy 24/6) +1 more
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 0 on the promoter entity across all its projects
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/308/PR/071123/006380, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/071123/006380 (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/071123/006380 (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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