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

Casagrand Meridian

Casagrand · KR Puram / Mahadevapura / Hoskote Road · Thanisandra Main Rd, Ashwath Nagar, HBR Layout, Bengaluru, Karnataka 560077

Promoter entityCASA GRANDE GARDEN CITY BUILDERS PVT LTD
Entity type · PANCompany · AAGCC1577R
Developer brandCasagrand · #14 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/181122/005482
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned planBBMP/CC/8138/22-23 · 2022-11-14
Escrow bankDCB Bank, M G Road
Land3.34 acres
Court cases declared0
Complaints at K-RERA7 on this project · 161 on the promoter
Record fetchedSep 2026
2 red flags2 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/181122/005482 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/1251/446/PR/181122/005482 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.

2 red2 watch2 positive
Delivery timeline7/10
1 extension on the registration (−2)
Legal & complaints6/10
7 RERA complaints on the project (−3)
Money to finish9/10
finance cost is 0% of the registered budget; last quarter: collected ₹0.96 cr, withdrew ₹0.00 cr; 100% 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/1251/446/PR/181122/005482 · CASA GRANDE GARDEN CITY BUILDERS PVT LTD
1 extension
RegisteredDec 2022Original completionNov 2025TodaySep 2026Section 6 ext.Nov 2026
Construction80%
quarterly filing Q1 2026-27 (submitted 2026-07-10)
Homes booked215 / 215
0 still available
Sold vs built100% vs 80%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹247.70 CrWithdrawn ₹172.63 CrQ3 2025-26247.70 Cr172.63 CrCollected ₹250.92 CrWithdrawn ₹0Q4 2025-26250.92 Cr0.0 LCollected ₹95.6 LWithdrawn ₹0Q1 2026-2795.6 L0.0 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Painting
    70%
  • Fire prevention and fire fighting fitting
    70%
  • Weather Proof work
    70%
  • Elevation work
    70%
  • Internal and External work including lands
    70%
  • Earth work and other leveling preparation
    100%
No litigation declared7 complaintsEscrow: DCB Bank
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A- / Stable · Casagrand Builder · May 2025
Complaints & disputes on record
On this project7– open
On the promoter entity161all projects
Court cases declared0no stay recorded
At a glance
Registration extended 1×

Registration extended 1× — from 2025-11-02 to 2026-11-02

80% built, 100% booked

80% built per the latest filing; 215/215 homes booked

7 RERA complaints

7 RERA complaints on this project; 161 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹173 cr — where it goes
Approvals ₹0.4 cr · 0%Construction & on-site ₹119.5 cr · 69%Other / taxes ₹53.5 cr · 31%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-10))
2023202420252026Earth work and other leveling preparat100%Foundation footing work100%Upto Plinth Level100%Sub-structure flooring100%Retaining wall100%RCC or MS Framed structure100%Masonry Construction100%Plastering inside , outside & Ceiling100%Joinery: Doors, Windows, Ventilators e100%Basic work of Water supply, Sanitary a100%Dadoing, Skirting, Flooring, Tiles wor100%Railing and Grill fixing100%Electrification, Water supply and Sani100%Painting70%Fire prevention and fire fighting fitt70%Weather Proof work70%Elevation work70%Internal and External work including l70%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 DCB BankOwners’ association: not formed

Red flags to resolve in writing

1
Timeline

7 K-RERA complaints on this registration.

2
Legal

Borrowing declared “No” but a mortgage is recorded.

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 — 2026-11-02 — 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 line1 sections · 12 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/181122/005482 · promoter CASA GRANDE GARDEN CITY BUILDERS PVT LTD (Company) · U45205KA2015PTC082415.
Dates
Start 2022-12-01 · original completion 2025-11-02 · 1 extension: Section 6 Extension → 2026-11-02
Progress
80% complete per quarterly filing Q1 2026-27 (submitted 2026-07-10) · 215 of 215 homes booked (0 available)
Registered cost
Total ₹173 cr · construction ₹119 cr
Borrowing / mortgage declared
Borrowing: No · mortgage: Yes
RERA bank account
DCB Bank, M G Road (70% construction account)
Plan sanction
BBMP/CC/8138/22-23 dated 2022-11-14 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
3.34 acres (13,498 sq m) · Tower 1 215 homes, 14 floors
Litigation declared
None declared in filings
K-RERA complaints
7 on this registration · 161 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/1251/446/PR/181122/005482, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/181122/005482 (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/181122/005482 (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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