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

Ashish Narayana Row House

Aashish Developers · Marathahalli / Kundalahalli / Varthur · SY NO 34/2 THUBAHALLI

Promoter entityAASHISH DEVELOPER AND BUILDERS
Entity type · PANPartnership Firm · AAMFA6495M
Developer brandAashish Developers · #81 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/130422/004835
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned planBBMP/Ad.Com./MDP/0370/21-22 · 2021-11-26
Escrow bankSTATE BANK OF INDIA, AECS LAYOUT
Land0.37 acres · 4 land owners on record
Court cases declared0
Complaints at K-RERA1 on this project · 1 on the promoter
Record fetchedSep 2026
0 red flags5 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/130422/004835 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/130422/004835 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 timeline5/10
2 extensions on the registration (−4)
Legal & complaints8.5/10
1 RERA complaint on the project (−0.5)
Money to finish9/10
finance cost is 0% of the registered budget; last quarter: collected ₹0.25 cr, withdrew ₹0.33 cr; 95% 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/130422/004835 · AASHISH DEVELOPER AND BUILDERS
2 extensions
RegisteredDec 2021Original completionDec 2024Section 6 ext.Dec 2025TodaySep 2026Further ext.Dec 2026
Construction93%
quarterly filing Q1 2026-27 (submitted 2026-07-14)
Homes booked37 / 39
2 still available
Sold vs built95% vs 93%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹1.09 CrWithdrawn ₹1.83 CrQ3 2025-261.09 Cr1.83 CrCollected ₹75.6 LWithdrawn ₹89.4 LQ4 2025-2675.6 L89.4 LCollected ₹25.0 LWithdrawn ₹33.3 LQ1 2026-2725.0 L33.3 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Internal and External work including lands
    60%
  • Electrification, Water supply and Sanitary
    95%
  • Earth work and other leveling preparation
    100%
  • Foundation footing work
    100%
  • Retaining wall
    100%
  • Plinth level Beam
    100%
No litigation declared1 complaintsEscrow: STATE BANK OF INDIAJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

AASHISH DEVELOPER AND BUILDERS: no public rating located

Complaints & disputes on record
On this project1– open
On the promoter entity1all projects
Court cases declared0no stay recorded
At a glance
Registration extended 2×

Registration extended 2× — from 2024-12-30 to 2026-12-30

93% built, 95% booked

93% built per the latest filing; 37/39 homes booked

1 RERA complaints

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

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹16.50 cr — where it goes
Approvals ₹1.2 cr · 4%Construction & on-site ₹30.6 cr · 96%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-14))
202420252026Earth work and other leveling preparat100%Foundation footing work100%Retaining wall100%Plinth level Beam100%Sub-structure flooring100%RCC or MS Framed structure100%Masonry construction: Bricks, Concrete100%Plastering inside , outside & Ceiling100%Joinery: Doors, Windows, Ventilators e100%Basic work of Water supply, Sanitary a100%Dadoing, Skirting, Flooring, Tiles wor100%Railing and Grill fixing100%Electrification, Water supply and Sani95%Weather Proof work100%Painting100%Elevation work100%Internal and External work including l60%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 STATE BANK OF INDIA4 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Timeline

Registration extended 2 times: original completion 2024-12-30, now 2026-12-30.

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 — 2026-12-30 — 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 · 14 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/130422/004835 · promoter AASHISH DEVELOPER AND BUILDERS (Partnership Firm) · 2172 2005 06
Dates
Start 2021-12-02 · original completion 2024-12-30 · 2 extensions: Section 6 Extension → 2025-12-30, Further Extension → 2026-12-30
Progress
93% complete per quarterly filing Q1 2026-27 (submitted 2026-07-14) · 37 of 39 homes booked (2 available)
Registered cost
Total ₹16.50 cr · construction ₹30.62 cr
Borrowing / mortgage declared
Borrowing: No · mortgage: No
RERA bank account
STATE BANK OF INDIA, AECS LAYOUT (70% construction account)
Money at registration
collected ₹6.62 cr · spent ₹5.94 cr · balance ₹0.68 cr
Plan sanction
BBMP/Ad.Com./MDP/0370/21-22 dated 2021-11-26 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
0.37 acres (1,480 sq m) · Ashish Narayana Row House 39 homes, 0 floors
Land owners / co-promoters
ROW HOUSE (10%, Sy 1402); TOTAL (10%, Sy 1402); Total No. of Units (39%, Sy No. of Stilts); No. of Basement (1%, Sy Total No. of Parking)
Litigation declared
None declared in filings
K-RERA complaints
1 on this registration · 1 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/130422/004835, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/130422/004835 (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/130422/004835 (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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