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

Adarsh Welkin Park Phase 1

Akarshak Realty · Electronic City / Hosur Road / Bommasandra · GATTIHALLI VILLAGE, SARJAPURA HOBLI, ANEKAL TALUK. BENGALURU

Promoter entityAkarshak Realty Private Limited
Entity type · PANCompany · AAJCA7571N
Developer brandAkarshak Realty · #143 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/020923/006223
Planning authorityBDA - Bangalore Development Authority
Sanctioned planNM /A.S/ A.A -1 / T.S -4 / E-27/ 2021- 2022 · 2022-03-23
Escrow bankICICI Bank, Residency road Branch, Bangalore
Land13.69 acres · 6 land owners on record
Court cases declared1
Complaints at K-RERA1 on this project · 5 on the promoter
Record fetchedSep 2026
0 red flags5 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/020923/006223 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/020923/006223 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 red5 watch2 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints7/10
1 court case declared in filings (−1.5); 1 RERA complaint on the project (−0.5)
Money to finish9/10
finance cost is 15% of the registered budget; last quarter: collected ₹571 cr, withdrew ₹565 cr; 98% 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/1251/308/PR/020923/006223 · Akarshak Realty Private Limited
On original date
RegisteredJul 2023TodaySep 2026Original completionDec 2027
Construction78%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked812 / 832
20 still available
Sold vs built98% vs 78%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹455.64 CrWithdrawn ₹449.02 CrQ3 2025-26455.64 Cr449.02 CrCollected ₹506.64 CrWithdrawn ₹503.52 CrQ4 2025-26506.64 Cr503.52 CrCollected ₹570.69 CrWithdrawn ₹565.25 CrQ1 2026-27570.69 Cr565.25 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Upto Plinth Level
    0%
  • Sub-structure flooring
    0%
  • Basic work of Water supply, Sanitary and E
    0%
  • Electrification, Water supply and Sanitary
    0%
  • Internal and External work including lands
    0%
  • Painting
    15%
1 court case declared1 complaintsEscrow: ICICI BankJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

Akarshak Realty Private Limited: no public rating located

Complaints & disputes on record
On this project1– open
On the promoter entity5all projects
Court cases declared1no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2027-12-31

78% built, 98% booked

78% built per the latest filing; 812/832 homes booked

1 RERA complaints

1 RERA complaints on this project; 5 on the promoter overall

1 court case declared

1 court case declared in RERA filings (no stay recorded)

The record, in pictures

RERA file · Registration

Registered project cost ₹749 cr — where it goes
Land ₹0 cr · 0%Approvals ₹4.9 cr · 1%Construction & on-site ₹729.2 cr · 86%Finance (bank) ₹110 cr · 13%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
2024202520262027Earth work and other leveling preparat100%Foundation footing work100%Upto Plinth Level0%Sub-structure flooring0%Retaining wall95%RCC or MS Framed structure97%Masonry Construction88%Plastering inside , outside & Ceiling75%Joinery: Doors, Windows, Ventilators e45%Basic work of Water supply, Sanitary a0%Dadoing, Skirting, Flooring, Tiles wor65%Railing and Grill fixing88%Electrification, Water supply and Sani0%Painting15%Fire prevention and fire fighting fitt45%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.
suit for partition O S No.289/2009 & RA167/2019/2019 · Senior Civil Judge at Anekal · no stayBorrowing declared: NoEscrow at ICICI Bank6 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

1 court case declared in RERA filings (O S No.289/2009 & RA167/2019/2019); check for stays and title impact.

2
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 — 2027-12-31 — and what is the per-month delay compensation?
  4. What do the declared cases (O S No.289/2009 & RA167/2019/2019) concern and is any stay in force?
  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/020923/006223 · promoter Akarshak Realty Private Limited (Company) · U45200KA2011PTC059903
Dates
Start 2023-07-01 · original completion 2027-12-31 · no extensions
Progress
78% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 812 of 832 homes booked (20 available)
Registered cost
Total ₹749 cr · land ₹0.00 cr · construction ₹729 cr · bank principal+interest ₹110 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
ICICI Bank, Residency road Branch, Bangalore (70% construction account)
Plan sanction
NM /A.S/ A.A -1 / T.S -4 / E-27/ 2021- 2022 dated 2022-03-23 · BDA - Bangalore Development Authority
Land & towers
13.69 acres (55,408 sq m) · Block 2 312 homes, 25 floors; Block 5 520 homes, 25 floors
Land owners / co-promoters
B M Karunesh (100.0%, Sy 197); B M Karunesh (100.0%, Sy 198); B M Karunesh (100.0%, Sy 199); B M Karunesh (100.0%, Sy 199); B M Karunesh (100.0%, Sy 203); B M Karunesh (100.0%, Sy 204)
Litigation declared
suit for partition O S No.289/2009 & RA167/2019/2019, Senior Civil Judge at Anekal — no stay
K-RERA complaints
1 on this registration · 5 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/020923/006223, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/020923/006223 (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/020923/006223 (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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