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

Casagrand Vivacity

Casagrand · Electronic City / Hosur Road / Bommasandra · Sy.Nos. 93 & 99 , Chikkanagamangala Village Sarajapura Hobli, Anekal Taluk

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/1251/308/PR/220424/006830
Planning authorityBDA - Bangalore Development Authority
Sanctioned planBDA/BL/E.S/T.A-1/H.S-2/E/04/2024-25 · 2024-04-18
Escrow bankKOTAK MAHINDRA BANK, ULSOOR
Land10.52 acres · 1 land owner on record
Court cases declared0
Complaints at K-RERA2 on this project · 161 on the promoter
Record fetchedSep 2026
0 red flags4 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/220424/006830 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/1251/308/PR/220424/006830 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 red4 watch4 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints8/10
2 RERA complaints on the project (−1); 1 still open
Money to finish9/10
finance cost is 0% of the registered budget; last quarter: collected ₹11.12 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/1251/308/PR/220424/006830 · CASA GRANDE GARDEN CITY BUILDERS PVT LTD
On original date
RegisteredApr 2024TodaySep 2026Original completionApr 2029
Construction30%
quarterly filing Q1 2026-27 (submitted 2026-07-10)
Homes booked717 / 717
0 still available
Sold vs built100% vs 30%
Buyers are well ahead of construction: most money is in, delivery risk sits with the developer.
Money through the RERA account
Collected ₹534.01 CrWithdrawn ₹70.30 CrQ3 2025-26534.01 Cr70.30 CrCollected ₹5896.30 CrWithdrawn ₹0Q4 2025-265896.30 Cr0.0 LCollected ₹11.12 CrWithdrawn ₹0Q1 2026-2711.12 Cr0.0 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Electrification, Water supply and Sanitary
    0%
  • Painting
    0%
  • Fire prevention and fire fighting fitting
    0%
  • Weather Proof work
    0%
  • Wardrobe, Showcase, Kitchen cabinet, Puja
    0%
  • Elevation work
    0%
No litigation declared2 complaints · 1 openEscrow: KOTAK MAHINDRA BANKJoint-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 project21 open
On the promoter entity161all projects
Court cases declared0no stay recorded
What complainants raise
  • Demand for 95% payment at raw skeletal construction stage and subsequent illegal notice fo
  • Company has collected more GST than what is due from me and is refusing to provide detaile
At a glance
On its original RERA date

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

30% built, 100% booked

30% built per the latest filing; 717/717 homes booked

2 RERA complaints, 1 open

2 RERA complaints on this project (1 open); 161 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹539 cr — where it goes
Approvals ₹5.4 cr · 1%Construction & on-site ₹436.5 cr · 81%Other / taxes ₹97.6 cr · 18%
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 structure30%Masonry Construction50%Plastering inside , outside & Ceiling10%Joinery: Doors, Windows, Ventilators e10%Basic work of Water supply, Sanitary a10%Dadoing, Skirting, Flooring, Tiles wor10%Railing and Grill fixing10%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 KOTAK MAHINDRA BANK1 recorded land-owner shareOwners’ association: not formed

Complaint log (K-RERA) · 2 on this project

  • Jun 2026Demand for 95% payment at raw skeletal construction stage and subsequent illegal notice for cancellation/forfeopen
  • Aug 2024Company has collected more GST than what is due from me and is refusing to provide detailed cost break up in wdisposed
Complaints by status
Open / under enquiry
1
Disposed (Authority)
1

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 — 2029-04-04 — 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 · 15 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/220424/006830 · promoter CASA GRANDE GARDEN CITY BUILDERS PVT LTD (Company) · U45205KA2015PTC082415
Dates
Start 2024-04-30 · original completion 2029-04-04 · no extensions
Progress
30% complete per quarterly filing Q1 2026-27 (submitted 2026-07-10) · 717 of 717 homes booked (0 available)
Registered cost
Total ₹539 cr · construction ₹437 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
KOTAK MAHINDRA BANK, ULSOOR (70% construction account)
Plan sanction
BDA/BL/E.S/T.A-1/H.S-2/E/04/2024-25 dated 2024-04-18 · BDA - Bangalore Development Authority
Land & towers
10.52 acres (42,593 sq m) · Tower 1 381 homes, 9 floors; Tower 2 336 homes, 9 floors
Land owners / co-promoters
M/s CASA GRANDE CITY GARDEN CITY BUILDERS PVT LTD (100.0%, Sy 99)
Litigation declared
None declared in filings
K-RERA complaints
2 on this registration (1 open) · 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/1251/308/PR/220424/006830, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 2 on this project

2026-06-12 · 00692/2026
Demand for 95% payment at raw skeletal construction stage and subsequent illegal notice for cancellation/forfeiture of funds regarding Unit AG11, Tower 1, Wing A, "Casagrand Vivacity". — UNDER ENQUIRY AUTHORITY BENCH6
2024-08-16 · 00729/2024
Company has collected more GST than what is due from me and is refusing to provide detailed cost break up in writing only to manipulate the numbers under 'Basic Cost' and ' Other Charges' — DISPOSED AUTHORITY BENCH4 (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/1251/308/PR/220424/006830 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/308/PR/220424/006830 (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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