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

Assetz 22 & Crest

Assetz · Malleswaram / Rajajinagar / Sadashivanagar · PID No.10-1-71, Yeshwanthapura, Industrial Sub Urb, , Ward No.10, Mahalakshmipuram, Bangalore

Promoter entityBHAIRAV HOLDINGS INC
Entity type · PANPartnership Firm · AAKFB6935F
Developer brandAssetz · #5 in Bengaluru by RERA registrations
RERA registrationsRegistration: TOR/PRM/KA/RERA/1251/309/PR/220802/000219
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankHDFC, JAIN HEIGHTS AND STRUCTURES PRIVATE LIMITED
Land1.8 acres
Court cases declared0
Complaints at K-RERA4 on this project · 4 on the promoter
Record fetchedSep 2026
0 red flags4 to watch2 positive

Automated from the Karnataka RERA file TOR/PRM/KA/RERA/1251/309/PR/220802/000219 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 TOR/PRM/KA/RERA/1251/309/PR/220802/000219 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 red4 watch2 positive
Delivery timeline5/10
2 extensions on the registration (−4)
Legal & complaints7/10
4 RERA complaints on the project (−2)
Money to finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹15.83 cr, withdrew ₹10.52 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
TOR/PRM/KA/RERA/1251/309/PR/220802/000219 · BHAIRAV HOLDINGS INC
2 extensions
RegisteredOct 2016Original completionMar 2022Section 6 ext.Mar 2023TodaySep 2026Further ext.Dec 2026
Construction82%
quarterly filing Q1 2026-27 (submitted 2026-07-14)
Homes booked97 / 197
100 still available
Sold vs built49% vs 82%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹26.94 CrWithdrawn ₹12.56 CrQ3 2025-2626.94 Cr12.56 CrCollected ₹25.12 CrWithdrawn ₹16.70 CrQ4 2025-2625.12 Cr16.70 CrCollected ₹15.83 CrWithdrawn ₹10.52 CrQ1 2026-2715.83 Cr10.52 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Electrification, Water supply and Sanitary
    5%
  • Internal and External work including lands
    15%
  • Joinery: Doors, Windows, Ventilators etc
    20%
  • Painting
    20%
  • Elevation work
    40%
  • Weather Proof work
    45%
No litigation declared4 complaintsEscrow: HDFC
Credit ratings of the people behind it

No public credit rating located for the promoter.

BHAIRAV HOLDINGS INC: no public rating located

Complaints & disputes on record
On this project4– open
On the promoter entity4all projects
Court cases declared0no stay recorded
At a glance
Registration extended 2×

Registration extended 2× — from 2022-03-30 to 2026-12-31

82% built, 49% booked

82% built per the latest filing; 97/197 homes booked

4 RERA complaints

4 RERA complaints on this project; 4 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹116 cr — where it goes
Land ₹43.1 cr · 37%Construction & on-site ₹72.7 cr · 63%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-14))
20162017201820192020202120222023202420252026Earth work and other leveling preparat100%Foundation footing work100%Retaining wall100%Plinth level Beam100%Sub-structure flooring95%RCC or MS Framed structure100%Masonry construction: Bricks, Concrete93%Plastering inside , outside & Ceiling90%Joinery: Doors, Windows, Ventilators e20%Basic work of Water supply, Sanitary a80%Dadoing, Skirting, Flooring, Tiles wor55%Railing and Grill fixing50%Electrification, Water supply and Sani5%Fire prevention and fire fighting fitt75%Weather Proof work45%Painting20%Elevation work40%Internal and External work including l15%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

Registration extended 2 times: original completion 2022-03-30, now 2026-12-31.

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 — 2026-12-31 — 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 · 11 items

RERA file · Registration

Registration
TOR/PRM/KA/RERA/1251/309/PR/220802/000219 · promoter BHAIRAV HOLDINGS INC (Partnership Firm) · EX/PRM/KA/RERA/1251/309/PR/241218/000219
Dates
Start 2016-10-30 · original completion 2022-03-30 · 2 extensions: Section 6 Extension → 2023-03-30, Further Extension → 2026-12-31
Progress
82% complete per quarterly filing Q1 2026-27 (submitted 2026-07-14) · 97 of 197 homes booked (100 available)
Registered cost
Total ₹116 cr · land ₹43.10 cr · construction ₹72.73 cr
RERA bank account
HDFC, JAIN HEIGHTS AND STRUCTURES PRIVATE LIMITED (70% construction account)
Money at registration
collected ₹34.29 cr · spent ₹87.54 cr · balance ₹0.00 cr · delay declared: Reason For Delay :
Land & towers
1.80 acres (7,275 sq m) · TOWER A 87 homes, 22 floors; TOWER B 110 homes, 22 floors
Litigation declared
None declared in filings
K-RERA complaints
4 on this registration · 4 on the promoter entity across all its projects
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record TOR/PRM/KA/RERA/1251/309/PR/220802/000219, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record TOR/PRM/KA/RERA/1251/309/PR/220802/000219 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records TOR/PRM/KA/RERA/1251/309/PR/220802/000219 (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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