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

Casagrand Casablanca

Casagrand · Kanakapura Road / Talaghattapura / Banashankari 6th · SY.NO.18/1A5, 18/3, 18/1A7,18/1A8,18/1A9,18/1A10,18/1A11 AND 18/1A12 OF MALLASANDRA VILLAGE , UTTARAHALLI HOBLI, WARD NO.198

Promoter entityCASAGRAND LOTUS PRIVATE LIMITED
Entity type · PANCompany · AAKCC3896R
Developer brandCasagrand · #14 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/040524/006862
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned planBBMP/Addl.Dir/JDSOUTH/0002/24-25 · 2024-04-25
Escrow bankHDFC, Empire Infantry Road
Land17.3 acres · 7 land owners on record
Court cases declared0
Complaints at K-RERA4 on this project · 4 on the promoter
Record fetchedSep 2026
0 red flags7 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/040524/006862 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 PRM/KA/RERA/1251/310/PR/040524/006862 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 red7 watch4 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints7/10
4 RERA complaints on the project (−2); 4 still open
Money to finish9/10
finance cost is 0% of the registered budget; last quarter: collected ₹33.54 cr, withdrew ₹0.00 cr; 98% of homes booked (+1)
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/1251/310/PR/040524/006862 · CASAGRAND LOTUS PRIVATE LIMITED
On original date
RegisteredMay 2024TodaySep 2026Original completionMay 2029
Construction30%
quarterly filing Q1 2026-27 (submitted 2026-07-10)
Homes booked792 / 805
13 still available
Sold vs built98% vs 30%
Buyers are well ahead of construction: most money is in, delivery risk sits with the developer.
Money through the RERA account
Collected ₹466.00 CrWithdrawn ₹326.20 CrQ3 2025-26466.00 Cr326.20 CrCollected ₹528.49 CrWithdrawn ₹0Q4 2025-26528.49 Cr0.0 LCollected ₹33.54 CrWithdrawn ₹0Q1 2026-2733.54 Cr0.0 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Joinery: Doors, Windows, Ventilators etc
    0%
  • Basic work of Water supply, Sanitary and E
    0%
  • Dadoing, Skirting, Flooring, Tiles work
    0%
  • Railing and Grill fixing
    0%
  • Electrification, Water supply and Sanitary
    0%
  • Painting
    0%
No litigation declared4 complaints · 4 openEscrow: HDFCJoint-development land
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A- / Stable · Casagrand Builder · May 2025
Complaints & disputes on record
On this project44 open
On the promoter entity4all projects
Court cases declared0no stay recorded
What complainants raise
  • Refund of Amount paid towards Sale Consideration with Interest
  • Complaint seeking compensation for the financial loss, loss of opportunity, and mental ago
  • Return the Advance amount paid by the Complainant along with interest
  • GST was charged more on Total cost as per booking and shown less in the sale agreement
At a glance
On its original RERA date

On its original RERA completion date: 2029-05-04

30% built, 98% booked

30% built per the latest filing; 792/805 homes booked

4 RERA complaints, 4 open

4 RERA complaints on this project (4 open); 4 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹945 cr — where it goes
Land ₹0 cr · 0%Approvals ₹21.1 cr · 2%Construction & on-site ₹688.3 cr · 73%Other / taxes ₹235.4 cr · 25%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-10))
20252026202720282029Earth work and other leveling preparat100%Foundation footing work100%Upto Plinth Level100%Sub-structure flooring100%Retaining wall100%RCC or MS Framed structure50%Masonry Construction50%Plastering inside , outside & Ceiling10%Joinery: Doors, Windows, Ventilators e0%Basic work of Water supply, Sanitary a0%Dadoing, Skirting, Flooring, Tiles wor0%Railing and Grill fixing0%Electrification, Water supply and Sani0%Painting0%Fire prevention and fire fighting fitt0%Weather Proof work0%Wardrobe, Showcase, Kitchen cabinet, P0%Elevation work0%Internal and External work including l0%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
No litigation declaredBorrowing declared: NoEscrow at HDFC7 recorded land-owner sharesOwners’ association: not formed

Complaint log (K-RERA) · 4 on this project

  • Jul 2026Refund of Amount paid towards Sale Consideration with Interestopen
  • Jul 2026Complaint seeking compensation for the financial loss, loss of opportunity, and mental agony due to Promoter Vopen
  • Jul 2025Return the Advance amount paid by the Complainant along with interestopen
  • Nov 2024GST was charged more on Total cost as per booking and shown less in the sale agreementopen
Complaints by status
Open / under enquiry
4

Red flags to resolve in writing

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 — 2029-05-04 — 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 · 17 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/040524/006862 · promoter CASAGRAND LOTUS PRIVATE LIMITED (Company) · U70109TN2022PTC153057
Dates
Start 2024-05-30 · original completion 2029-05-04 · no extensions
Progress
30% complete per quarterly filing Q1 2026-27 (submitted 2026-07-10) · 792 of 805 homes booked (13 available)
Registered cost
Total ₹945 cr · land ₹0.00 cr · construction ₹688 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
HDFC, Empire Infantry Road (70% construction account)
Plan sanction
BBMP/Addl.Dir/JDSOUTH/0002/24-25 dated 2024-04-25 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
17.30 acres (70,010 sq m) · Tower 1 227 homes, 17 floors; Tower 2 227 homes, 17 floors; Tower 3 64 homes, 15 floors; Tower 4 287 homes, 16 floors
Land owners / co-promoters
CASAGRAND LOTUS PRIVATE LIMITED (100.0%, Sy 18/3); CASAGRAND LOTUS PRIVATE LIMITED (100.0%, Sy 18/1A7); CASAGRAND LOTUS PRIVATE LIMITED (100.0%, Sy 18/A8); CASAGRAND LOTUS PRIVATE LIMITED (100.0%, Sy 18/1A9); CASAGRAND LOTUS PRIVATE LIMITED (100.0%, Sy 18/1A10); CASAGRAND LOTUS PRIVATE LIMITED (100.0%, Sy 18/A11); CASAGRAND LOTUS PRIVATE LIMITED (100.0%, Sy 18/1A12)
Litigation declared
None declared in filings
K-RERA complaints
4 on this registration (4 open) · 4 on the promoter entity across all its projects
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/040524/006862, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 4 on this project

2026-07-27 · 00876/2026
Refund of Amount paid towards Sale Consideration with Interest — UNDER ENQUIRY AUTHORITY BENCH4
2026-07-27 · 00877/2026
Complaint seeking compensation for the financial loss, loss of opportunity, and mental agony due to Promoter Violations — UNDER ENQUIRY AO
2025-07-11 · 00924/2025
Return the Advance amount paid by the Complainant along with interest — POSTED FOR ORDERS AUTHORITY BENCH4
2024-11-19 · 01212/2024
GST was charged more on Total cost as per booking and shown less in the sale agreement — POSTED FOR ORDERS AUTHORITY BENCH4

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/1251/310/PR/040524/006862 (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/040524/006862 (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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