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

Adarsh Crest Phase 1

Adarsh Developers · Hebbal / Thanisandra / Nagawara · SY.NO.25/1,WARD NO.07,KHATHA NO.278/331,, OF KEMPAPURA VILLAGE, YELHANKA HOBLI,

Promoter entityAdarsh Developers
Entity type · PANPartnership Firm · AAGFA3674G
Developer brandAdarsh Developers · #21 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/211022/004369
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankHDFC, Richmond Road
Land3.65 acres
Court cases declared0
Complaints at K-RERA0 on this project · 24 on the promoter
Record fetchedSep 2026
1 red flags1 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/211022/004369 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/1251/446/PR/211022/004369 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.

1 red1 watch4 positive
Delivery timeline7/10
a registration completion date has already passed (−2)
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish9/10
finance cost is 0% of the registered budget; last quarter: collected ₹178 cr, withdrew ₹125 cr; 100% of homes booked (+1)
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/1251/446/PR/211022/004369 · Adarsh Developers
Past RERA date
RegisteredJun 2021Original completionDec 2025TodaySep 2026
Construction74%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked122 / 122
0 still available
Sold vs built100% vs 74%
Buyers are well ahead of construction: most money is in, delivery risk sits with the developer.
Money through the RERA account
Collected ₹151.01 CrWithdrawn ₹114.58 CrQ3 2025-26151.01 Cr114.58 CrCollected ₹172.31 CrWithdrawn ₹120.48 CrQ4 2025-26172.31 Cr120.48 CrCollected ₹177.56 CrWithdrawn ₹125.40 CrQ1 2026-27177.56 Cr125.40 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Weather Proof work
    0%
  • Elevation work
    0%
  • Internal and External work including lands
    25%
  • Basic work of Water supply, Sanitary and E
    70%
  • Electrification, Water supply and Sanitary
    75%
  • Painting
    80%
No litigation declaredNo complaintsEscrow: HDFC
Credit ratings of the people behind it

No public credit rating located for the promoter.

Adarsh Developers: no public rating located

Complaints & disputes on record
On this project00 open
On the promoter entity24all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2025-12-31

74% built, 100% booked

74% built per the latest filing; 122/122 homes booked

No complaints on this project

No RERA complaints on this project; 24 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹267 cr — where it goes
Land ₹56.6 cr · 21%Construction & on-site ₹210 cr · 79%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
20222023202420252026Earth work and other leveling preparat100%Foundation footing work100%Retaining wall100%Plinth level Beam100%Sub-structure flooring97%RCC or MS Framed structure100%Masonry construction: Bricks, Concrete100%Plastering inside , outside & Ceiling100%Joinery: Doors, Windows, Ventilators e90%Basic work of Water supply, Sanitary a70%Dadoing, Skirting, Flooring, Tiles wor85%Railing and Grill fixing85%Electrification, Water supply and Sani75%Fire prevention and fire fighting fitt85%Weather Proof work0%Painting80%Elevation work0%Internal and External work including l25%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
No litigation declaredBorrowing declared: not statedEscrow at HDFCOwners’ association: not formed

Red flags to resolve in writing

1
Timeline

RERA completion date 2025-12-31 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 — 2025-12-31 — 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 · 10 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/211022/004369 · promoter Adarsh Developers (Partnership Firm) · Proposed Project End Date at the time of registration :
Dates
Start 2021-06-01 · original completion 2025-12-31 · no extensions · current date has passed
Progress
74% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 122 of 122 homes booked (0 available)
Registered cost
Total ₹267 cr · land ₹56.57 cr · construction ₹210 cr
RERA bank account
HDFC, Richmond Road (70% construction account)
Land & towers
3.65 acres (14,786 sq m) · Block 1 48 homes, 10 floors; BLock 2 74 homes, 10 floors
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 24 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/1251/446/PR/211022/004369, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/211022/004369 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/446/PR/211022/004369 (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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