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

Aswani Aaeesha A Wing

Aswani Properties · Electronic City / Hosur Road / Bommasandra · ASWANI AAEESHA, Survey No. 23, Doddanagamangala, Near Veerabhadraswamy Temple Electronic City Phase II

Promoter entityAswani Properties
Entity type · PANPartnership Firm · AAOFA4006C
Developer brandAswani Properties · #161 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/171013/000819
Planning authorityBDA - Bangalore Development Authority
Sanctioned plannot filed
Escrow bankINDUSIND BANK, Nariman Point
Land2.02 acres
Court cases declared0
Complaints at K-RERA60 on this project · 68 on the promoter
Record fetchedSep 2026
3 red flags0 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/171013/000819. 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/1251/310/PR/171013/000819. 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.

3 red0 watch3 positive
Delivery timeline7/10
a registration completion date has already passed (−2)
Legal & complaints6/10
60 RERA complaints on the project (−3)
Money to finish8/10
finance cost is 0% of the registered budget
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/1251/310/PR/171013/000819 · Aswani Properties
Past RERA date
RegisteredSep 2015Original completionNov 2019TodaySep 2026
Construction50%
registration-time status
Collected (at registration)₹15.06 Cr
Spent₹20.82 Cr
Balance with promoter₹0
Delay declaredNo
No litigation declared60 complaints · 0 openEscrow: INDUSIND BANK
Credit ratings of the people behind it

No public credit rating located for the promoter.

Aswani Properties: no public rating located

Complaints & disputes on record
On this project600 open
On the promoter entity68all projects
Court cases declared0no stay recorded
What complainants raise
  • Breach of Agreement.
  • Non Completion of project
  • Non Completion of project
  • Stay order for stopping of possession by Ecelweiss Asset Reconstruction Company
At a glance
On its original RERA date

On its original RERA completion date: 2019-11-30

50% built

50% built per the latest filing

60 RERA complaints, 0 open

60 RERA complaints on this project (0 open); 68 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

No litigation declaredBorrowing declared: not statedEscrow at INDUSIND BANK

Complaint log (K-RERA) · 60 on this project

  • Mar 2024Breach of Agreement.disposed
  • Jun 2023Non Completion of projectdisposed
  • Jun 2023Non Completion of projectdisposed
  • May 2023Stay order for stopping of possession by Ecelweiss Asset Reconstruction Companydisposed
  • May 2023Stay order against orders issue by IX Addl CMM, Bangaloredisposed
  • May 2023Stay order against court orderdisposed
  • May 2023Stay order against court orderdisposed
  • Oct 2022Symbolic possession notice from Edelweiss for my flat A6/308 at Aswani Aaeeshadisposed
  • Sep 2022FLAT NO A-1/009 procession suppose to be by 2019 but till now it is incompletedisposed
  • Sep 2022Peaceful possession of the apartmentdisposed
  • Jun 2022Project not completed, No response from builder. Sold out mortgaged flatsdisposed
  • May 2022Stay required on Sarfaesi Proceedings and guidance reqiuired from RERA for formation of Association of Alloteedisposed
Complaints by status
Disposed (Authority)
53
Disposed (adjudicating officer)
7

Red flags to resolve in writing

1
Timeline

RERA completion date 2019-11-30 has passed without a completion application.

2
Timeline

60 K-RERA complaints on this registration.

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 — 2019-11-30 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line2 sections · 35 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/171013/000819 · promoter Aswani Properties (Partnership Firm) · Proposed Project End Date at the time of registration :
Dates
Start 2015-09-07 · original completion 2019-11-30 · no extensions · current date has passed
Progress
50% complete per registration-time status
Registered cost
Total ₹42.97 cr · construction ₹42.97 cr
RERA bank account
INDUSIND BANK, Nariman Point (70% construction account)
Money at registration
collected ₹15.06 cr · used ₹20.82 cr · balance ₹0.00 cr · delay declared: No
Land & towers
2.02 acres (8,174 sq m) · Block 1 36 homes, 3 floors; Block 2 16 homes, 3 floors; Block 3 16 homes, 3 floors; Block 4 16 homes, 3 floors; Block 5 36 homes, 3 floors; Block 6 36 homes, 3 floors; Block 7 16 homes, 3 floors; Block 8 16 homes, 3 floors; Block 9 16 homes, 3 floors; Block 10 36 homes, 3 floors
Litigation declared
None declared in filings
K-RERA complaints
60 on this registration (0 open) · 68 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/171013/000819, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 60 on this project

2024-03-27 · 00325/2024
Breach of Agreement. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2023-06-07 · 00912/2023
Non Completion of project — DISPOSED AO (ADJUDICATING OFFICER)
2023-06-01 · 00876/2023
Non Completion of project — DISPOSED AO (ADJUDICATING OFFICER)
2023-05-30 · 00842/2023
Stay order for stopping of possession by Ecelweiss Asset Reconstruction Company — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2023-05-22 · 00794/2023
Stay order against orders issue by IX Addl CMM, Bangalore — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2023-05-22 · 00804/2023
Stay order against court order — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2023-05-20 · 00781/2023
Stay order against court order — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-10-10 · CMP/221010/0010083
Symbolic possession notice from Edelweiss for my flat A6/308 at Aswani Aaeesha — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-09-20 · CMP/220920/0010027
FLAT NO A-1/009 procession suppose to be by 2019 but till now it is incomplete — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-09-14 · CMP/220914/0010015
Peaceful possession of the apartment — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-06-01 · CMP/220601/0009563
Project not completed, No response from builder. Sold out mortgaged flats — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-05-21 · CMP/220521/0009504
Stay required on Sarfaesi Proceedings and guidance reqiuired from RERA for formation of Association of Allotees (for completion of Project) since Promoter is absconding — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-05-04 · CMP/220504/0009415
Delay in possession of Flat — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2022-04-21 · CMP/220421/0009377
Project Not yet completed from last 7 years (2016) to till date — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-04-12 · CMP/220412/0009350
Builder cheated and left the project without completing — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-04-01 · CMP/220401/0009296
Project not completed — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-03-25 · CMP/220325/0009256
Compensation on Pre-EMI, Rent promised by the builder due to non-completion of the project — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-03-24 · CMP/220324/0009248
Delay in possession — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-03-18 · CMP/220318/0009155
Non Completion of project — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-03-16 · CMP/220316/0009129
Project Completion and Flat Registraion — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-03-16 · CMP/220316/0009138
Non Completion of project — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-03-14 · CMP/220314/0009122
I have booked he flat on 2016 and I am still waiting for completion of the project. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-03-10 · CMP/220310/0009108
Completion of Apartment Aswani Aaesha A7 0004 and Registration in the name of Manesh P G — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-03-09 · CMP/220309/0009091
NO HANDOVER OF FLATS NO A3/101 AND NO COMPLETION OF AMMENITIES FOR ASWANI AAEESHA A WING PROJECT — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-11-17 · CMP/201117/0006397
Delayed project — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)

Showing the latest 25 of 60.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/310/PR/171013/000819 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/310/PR/171013/000819 (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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