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

Assetz City of Palms

Assetz · Devanahalli / Airport Road / Bagalur · SURVEY NO.97/1,97/2,98/1,98/2,99,100/1,100/2,101/1,101/2/2,101/3,102 , Doddacheemanahalli Village, Kundana Hobli,Devanahalli

Promoter entityASSETZ INVESTMENTS AND HOLDINGS PRIVATE LIMITED
Entity type · PANCompany · ABCCA1488L
Developer brandAssetz · #5 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1250/303/PR/300626/008780
Planning authorityBIAPPA - Bangalore Airport Area Planning Authority
Sanctioned planBIAPPA/TP-/LAO/183-2025-26/26-27 · 2026-06-19
Escrow bankICICI Bank, Banaswadi Main Road
Landarea not filed · 12 land owners on record
Court cases declared1
Complaints at K-RERA0 on this project · 0 on the promoter
Record fetchedSep 2026
0 red flags3 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1250/303/PR/300626/008780 and 1 quarterly filing. 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/1250/303/PR/300626/008780 and 1 quarterly filing. 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 red3 watch3 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints6.5/10
1 court case declared in filings (−1.5); land litigation declared “Yes” on a registration (−1)
Money to finish8/10
finance cost is 1% of the registered budget; last quarter: collected ₹0.00 cr, withdrew ₹0.00 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/1250/303/PR/300626/008780 · ASSETZ INVESTMENTS AND HOLDINGS PRIVATE LIMITED
On original date
RegisteredAug 2026TodaySep 2026Original completionFeb 2029
Construction84%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Money through the RERA account
Collected ₹0Withdrawn ₹0Q1 2026-270.0 L0.0 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Formation Of Plots
    0%
  • Formation Of Road, Footpath, drainange, er
    0%
  • Power Supply Work
    0%
  • Plantation Work
    0%
  • Other Miscellaneous Work
    0%
1 court case declaredNo complaintsEscrow: ICICI BankJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

ASSETZ INVESTMENTS AND HOLDINGS PRIVATE LIMITED: no public rating located

Complaints & disputes on record
On this project00 open
On the promoter entity0all projects
Court cases declared1no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2029-02-15

84% built, NaN% booked

84% built per the latest filing; 0/0 homes booked

No complaints on this project

No RERA complaints on this project; 0 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 ₹552 cr — where it goes
Land ₹0 cr · 0%Approvals ₹8 cr · 1%Construction & on-site ₹87.6 cr · 16%Finance (bank) ₹3 cr · 1%Other / taxes ₹453.6 cr · 82%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
202720282029Formation Of Plots0%Formation Of Road, Footpath, drainange0%Power Supply Work0%Plantation Work0%Other Miscellaneous Work0%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
CIVIL 128/2026 · The Principal Senior Civil Judge AND JMFC at Devanahalli · no stayBorrowing declared: YesEscrow at ICICI Bank12 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

1 court case declared in RERA filings (128/2026); 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 — 2029-02-15 — and what is the per-month delay compensation?
  4. What do the declared cases (128/2026) 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 · 11 items

RERA file · Registration

Registration
PRM/KA/RERA/1250/303/PR/300626/008780 · promoter ASSETZ INVESTMENTS AND HOLDINGS PRIVATE LIMITED (Company) · U68200KA2025PTC197871
Dates
Start 2026-08-16 · original completion 2029-02-15 · no extensions
Progress
84% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 0 of 0 homes booked (0 available)
Registered cost
Total ₹552 cr · land ₹0.00 cr · construction ₹87.60 cr · bank principal+interest ₹3.00 cr
Borrowing / mortgage declared
Borrowing: Yes
RERA bank account
ICICI Bank, Banaswadi Main Road (70% construction account)
Plan sanction
BIAPPA/TP-/LAO/183-2025-26/26-27 dated 2026-06-19 · BIAPPA - Bangalore Airport Area Planning Authority
Land owners / co-promoters
Greenscale Projects (33.0%, Sy 97/2); Hemanshu M Shah (33.0%, Sy 98/1); Greenscale Projects (33.0%, Sy 98/2); Greenscale Projects (33.0%, Sy 99); Greenscale Projects (33.0%, Sy 100/1); Greenscale Projects (33.0%, Sy 100/2); Hemanshu M Shah (33.0%, Sy 101/1); Hemanshu M Shah (33.0%, Sy 101/2) +4 more
Litigation declared
CIVIL 128/2026, The Principal Senior Civil Judge AND JMFC at Devanahalli — no stay
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1250/303/PR/300626/008780, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1250/303/PR/300626/008780 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1250/303/PR/300626/008780 (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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