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

Assetz Marq Phase 3B

Assetz · Hoskote / Budigere Cross / Old Madras Road · SyNo: 159/1, 159/2, 160/1, 167/1, 167/2, 167/3, 167/4, 168, 169/1, 169/2, 169/3, 169/4, 171, , Kannamangala Village, Whitefield - Hoskote Road

Promoter entityAssetz Whitefield Homes Private Limited
Entity type · PANCompany · AAKCA7816P
Developer brandAssetz · #5 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/091122/005433
Planning authorityBDA - Bangalore Development Authority
Sanctioned planBDA/LP/EM/EO-01/TA-04/E/26/2022-23 · 2022-10-27
Escrow bankHDFC, Richmond Road
Land2.64 acres · 3 land owners on record
Court cases declared0
Complaints at K-RERA1 on this project · 7 on the promoter
Record fetchedSep 2026
0 red flags3 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/091122/005433 and 2 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/091122/005433 and 2 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 red3 watch5 positive
Delivery timeline8/10
delivered on the original registration
Legal & complaints8.5/10
1 RERA complaint on the project (−0.5)
Money to finish9/10
finance cost is 10% of the registered budget; last quarter: collected ₹0.75 cr, withdrew ₹0.50 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/091122/005433 · Assetz Whitefield Homes Private Limited
Delivered
RegisteredJul 2022TodaySep 2026Original completionJul 2027
Money through the RERA account
Collected ₹9.35 CrWithdrawn ₹6.24 CrQ3 2025-269.35 Cr6.24 CrCollected ₹74.5 LWithdrawn ₹49.8 LQ4 2025-2674.5 L49.8 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Sub-structure flooring
    0%
  • Electrification, Water supply and Sanitary
    0%
  • Weather Proof work
    0%
  • Earth work and other leveling preparation
    100%
  • Foundation footing work
    100%
  • Upto Plinth Level
    100%
No litigation declared1 complaints · 0 openNBFC finance 10% of budgetEscrow: HDFCJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

Assetz Whitefield Homes Private Limited: no public rating located

Complaints & disputes on record
On this project10 open
On the promoter entity7all projects
Court cases declared0no stay recorded
What complainants raise
  • Booking amount is not refunded completely
At a glance
Delivered

Delivered. RERA registration ran 2022-07-01 → 2027-07-31

1 RERA complaints, 0 open

1 RERA complaints on this project (0 open); 7 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹265 cr — where it goes
Approvals ₹8.6 cr · 3%Construction & on-site ₹227.5 cr · 86%Finance (NBFC) ₹26.7 cr · 10%Other / taxes ₹2 cr · 1%
No litigation declaredBorrowing declared: YesEscrow at HDFC3 recorded land-owner sharesOwners’ association: not formed

Complaint log (K-RERA) · 1 on this project

  • May 2023Booking amount is not refunded completelydisposed
Complaints by status
Disposed (Authority)
1

Red flags to resolve in writing

1
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. Provide the occupancy certificate, khata and title chain for the unit.
  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 line2 sections · 13 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/091122/005433 · promoter Assetz Whitefield Homes Private Limited (Company) · U70109KA2012PTC063873
Dates
Start 2022-07-01 · original completion 2027-07-31 · no extensions
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹265 cr · construction ₹228 cr · NBFC principal+interest ₹26.75 cr (10%)
Borrowing / mortgage declared
Borrowing: Yes · mortgage: Yes
RERA bank account
HDFC, Richmond Road (70% construction account)
Plan sanction
BDA/LP/EM/EO-01/TA-04/E/26/2022-23 dated 2022-10-27 · BDA - Bangalore Development Authority
Land & towers
2.64 acres (10,680 sq m) · Marq Phase 3B 384 homes, 29 floors
Land owners / co-promoters
No. of Basement (1%, Sy Total No. of Parking); 4.652810814 (7.903619473%, Sy 0); 4.6217772 (7.822970295%, Sy 0)
Litigation declared
None declared in filings
K-RERA complaints
1 on this registration (0 open) · 7 on the promoter entity across all its projects
Owners’ association
Not yet formed

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/091122/005433, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 1 on this project

2023-05-09 · 00729/2023
Booking amount is not refunded completely — DISPOSED AUTHORITY BENCH5 (AUTHORITY)

Complaint subjects are as filed by complainants; a disposed complaint may have been decided either way.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/091122/005433 (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/091122/005433 (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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