PropertyLensBengaluru · invest
Financial & legal due diligence · public record · 18 Oct 2026
Casagrand Boulevard
Casagrand · Hennur Road / Kothanur / Kalyan Nagar · Sy no 45,46 and 47 of Chikkagubbi village, Bidarahalli Hobli, Bengaluru, Bengaluru East Taluk, Bangalore District 560077
Promoter entityGAZY MAG PVT LTD
Entity type · PANCompany · AAHCG5027D
Developer brandCasagrand · #14 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/201001/003629
Planning authorityBDA - Bangalore Development Authority
Sanctioned plannot filed
Escrow bankICICI Bank, MG ROAD
Land7.67 acres
Court cases declared0
Complaints at K-RERA29 on this project · 29 on the promoter
Record fetchedSep 2026
3 red flags5 to watch3 positive
Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/201001/003629. 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/201001/003629. 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 red5 watch3 positive
Delivery timeline7/10
a registration completion date has already passed (−2)
Legal & complaints6/10
29 RERA complaints on the project (−3); 5 still open
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength7.6/10
ICRA A-/Stable (Casagrand Builder)
Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.
Registration
PRM/KA/RERA/1251/446/PR/201001/003629 · GAZY MAG PVT LTD
No litigation declared29 complaints · 5 openEscrow: ICICI Bank
Credit ratings of the people behind it
Complaints & disputes on record
On this project295 open
On the promoter entity29all projects
Court cases declared0no stay recorded
What complainants raise
- 3 YEAR DELAY , INCOMPLETE WORK, WORK STILL NOT COMPLETE AND UNDUE CHARGE OF LATE PAYMENT
- Respondents must register the conveyance deed, as the Complainant does not wish to withdra
- Refund with interest for wrongful denial of unit allotment and failure to honour NOC and a
- (i) Unexplained delay between booking and handover of the flat (ii) Unauthorised excess co
At a glance
On its original RERA date
On its original RERA completion date: 2024-12-31
29 RERA complaints, 5 open
29 RERA complaints on this project (5 open); 29 on the promoter overall
No litigation declared
No litigation declared in RERA filings
The record, in pictures
RERA file · Registration
Registered project cost ₹260 cr — where it goes
Land ₹84 cr · 32%Construction & on-site ₹176 cr · 68%
No litigation declaredBorrowing declared: not statedEscrow at ICICI Bank
Complaint log (K-RERA) · 29 on this project
- Jun 20263 YEAR DELAY , INCOMPLETE WORK, WORK STILL NOT COMPLETE AND UNDUE CHARGE OF LATE PAYMENTopen
- Dec 2025Respondents must register the conveyance deed, as the Complainant does not wish to withdraw from the project aopen
- Oct 2025Refund with interest for wrongful denial of unit allotment and failure to honour NOC and agreement terms.open
- Sep 2025(i) Unexplained delay between booking and handover of the flat (ii) Unauthorised excess collection.n of GSTopen
- Sep 2025Interest for Delay in Possession : Builder delayed handover by 14 months and denied paying interest for delay open
- Aug 2025Interest on delay period in handing over the flat to the Allottees as per the Sale Agreement, dated 18.11.2022disposed
- Jun 2025Compensation for delay in handing over the flat to the Allottees as per the Sale Agreement, dated 9.4.2021disposed
- May 2025Interest on delay in delivering Possessiondisposed
- May 2025Delay in possession, Harassment and penaltydisposed
- Mar 2025Delay in delivery of possession of flat by 1 yeardisposed
- Feb 2025Delay in handover as per sale agreementdisposed
- Feb 2025Delay in handing over the flat to the Allottees as per the sale agreement 31.03.2022disposed
Red flags to resolve in writing
1
Timeline
RERA completion date 2024-12-31 has passed without a completion application.
2
Timeline
29 K-RERA complaints on this registration.
Questions to put to the developer before you sign
- Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
- Confirm the price list, floor-rise and other charges for the exact unit.
- Which date is contractual — 2024-12-31 — and what is the per-month delay compensation?
- Confirm there is no litigation on the land or approvals beyond the RERA declaration.
- Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line2 sections · 32 items
RERA file · Registration
Registration
PRM/KA/RERA/1251/446/PR/201001/003629 · promoter GAZY MAG PVT LTD (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2020-10-01 · original completion 2024-12-31 · no extensions · current date has passed
Registered cost
Total ₹260 cr · land ₹83.97 cr · construction ₹176 cr
RERA bank account
ICICI Bank, MG ROAD (70% construction account)
Land & towers
7.67 acres (31,059 sq m) · Casagrand Boulavard 528 homes, 4 floors
Litigation declared
None declared in filings
K-RERA complaints
29 on this registration (5 open) · 29 on the promoter entity across all its projects
Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/201001/003629, fetched 2026-09-15. Figures are the promoter’s own filings.
Complaint log (K-RERA) · 29 on this project
2026-06-29 · 00758/2026
3 YEAR DELAY , INCOMPLETE WORK, WORK STILL NOT COMPLETE AND UNDUE CHARGE OF LATE PAYMENT — UNDER ENQUIRY AUTHORITY BENCH6
2025-12-29 · 01548/2025
Respondents must register the conveyance deed, as the Complainant does not wish to withdraw from the project and requests monthly interest for delay until possession under Section 18(1) of this Act. — POSTED FOR ORDERS AUTHORITY BENCH4
2025-10-28 · 01311/2025
Refund with interest for wrongful denial of unit allotment and failure to honour NOC and agreement terms. — UNDER ENQUIRY AUTHORITY BENCH4
2025-09-24 · 01220/2025
(i) Unexplained delay between booking and handover of the flat (ii) Unauthorised excess collection.n of GST — POSTED FOR ORDERS AUTHORITY BENCH4
2025-09-22 · 01212/2025
Interest for Delay in Possession : Builder delayed handover by 14 months and denied paying interest for delay in possession — UNDER ENQUIRY AUTHORITY BENCH4
2025-08-29 · 01100/2025
Interest on delay period in handing over the flat to the Allottees as per the Sale Agreement, dated 18.11.2022 — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-06-17 · 00845/2025
Compensation for delay in handing over the flat to the Allottees as per the Sale Agreement, dated 9.4.2021 — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-05-28 · 00785/2025
Interest on delay in delivering Possession — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-05-12 · 00725/2025
Delay in possession, Harassment and penalty — DISPOSED AO (ADJUDICATING OFFICER)
2025-03-03 · 00364/2025
Delay in delivery of possession of flat by 1 year — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-02-27 · 00343/2025
Delay in handover as per sale agreement — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-02-13 · 00297/2025
Delay in handing over the flat to the Allottees as per the sale agreement 31.03.2022 — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-02-11 · 00279/2025
Interest on delay period — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-02-03 · 00236/2025
Interest on Delay Period — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-01-28 · 00207/2025
Delay in handover as per sale Deed — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-01-21 · 00151/2025
Compensation for delay in handover — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2025-01-18 · 00135/2025
Compensation for delay in handing over the flat to the Allottees as per the Sale Agreement, dated 9.5.2023 — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-12-19 · 01315/2024
Delay Charges Denied — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-12-18 · 01288/2024
Builder has signed an agreement for handover as Oct'23 but project is not handed over still and not in living condition causing lot of inconvenience to buyer — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-11-26 · 01246/2024
Customer Harassment — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-10-19 · 01032/2024
Basic water is not provided and delay in completion of property and seeking for compension — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-09-10 · 00854/2024
Compensation for delay in handover — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-06-15 · 00603/2024
As per my Sales Agreement, the builder is supposed to handover in Oct 2023+ 3M. They have taken 95% of the cost and we are having to pay complete EMI's, and the handover date mentioned was Oct 2023+3M — DISPOSED AO (ADJUDICATING OFFICER)
2024-05-02 · 00421/2024
Delay in Handover of the Apartment — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-04-30 · 00420/2024
Interest on Delay of Possession in Hon’ble RERA AUTHORITY Court — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
Showing the latest 25 of 29.
Sources & caveats2 sources
- Karnataka RERA project record PRM/KA/RERA/1251/446/PR/201001/003629 (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/201001/003629 (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.