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

Casagrand Zaiden

Casagrand · Kanakapura Road / Talaghattapura / Banashankari 6th · SY.NO.59 (OLD SY.NO.7/9), KHATHA NO.237/1/7/9/7/18 at WARD NO.198 , UTTARAHALLI MANAVARTHAKAVAL VILLAGE

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/1251/310/PR/120423/005862
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned planPRJ/14724/22-23IN · 2023-03-21
Escrow bankICICI Bank, Ulsoor Branch
Land3.69 acres
Court cases declared0
Complaints at K-RERA5 on this project · 161 on the promoter
Record fetchedSep 2026
0 red flags6 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/120423/005862 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/120423/005862 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 red6 watch2 positive
Delivery timeline7/10
1 extension on the registration (−2)
Legal & complaints6.5/10
5 RERA complaints on the project (−2.5); 2 still open
Money to finish9/10
finance cost is 0% of the registered budget; last quarter: collected ₹0.49 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/1251/310/PR/120423/005862 · CASA GRANDE GARDEN CITY BUILDERS PVT LTD
1 extension
RegisteredApr 2023Original completionMar 2026TodaySep 2026Section 6 ext.Mar 2027
Construction65%
quarterly filing Q1 2026-27 (submitted 2026-07-10)
Homes booked286 / 286
0 still available
Sold vs built100% vs 65%
Buyers are well ahead of construction: most money is in, delivery risk sits with the developer.
Money through the RERA account
Collected ₹261.42 CrWithdrawn ₹3.90 CrQ3 2025-26261.42 Cr3.90 CrCollected ₹264.82 CrWithdrawn ₹0Q4 2025-26264.82 Cr0.0 LCollected ₹48.8 LWithdrawn ₹0Q1 2026-2748.8 L0.0 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Electrification, Water supply and Sanitary
    70%
  • Painting
    70%
  • Fire prevention and fire fighting fitting
    70%
  • Weather Proof work
    70%
  • Elevation work
    70%
  • Internal and External work including lands
    70%
No litigation declared5 complaints · 2 openEscrow: ICICI Bank
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A- / Stable · Casagrand Builder · May 2025
Complaints & disputes on record
On this project52 open
On the promoter entity161all projects
Court cases declared0no stay recorded
What complainants raise
  • Delay in Project Completion and Interest on Delay Period.
  • Delay in Project and insufficient reporting to the Purchasers
  • Cancellation of allotment and refund of the entire amount paid by the Complainants
  • Refund of Booking Amount
At a glance
Registration extended 1×

Registration extended 1× — from 2026-03-22 to 2027-03-22

65% built, 100% booked

65% built per the latest filing; 286/286 homes booked

5 RERA complaints, 2 open

5 RERA complaints on this project (2 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 ₹161 cr — where it goes
Approvals ₹5.9 cr · 4%Construction & on-site ₹104.5 cr · 65%Other / taxes ₹50.2 cr · 31%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-10))
202420252026Earth 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 Sani70%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 ICICI BankOwners’ association: not formed

Complaint log (K-RERA) · 5 on this project

  • Jul 2026Delay in Project Completion and Interest on Delay Period.open
  • Apr 2026Delay in Project and insufficient reporting to the Purchasersopen
  • Dec 2024Cancellation of allotment and refund of the entire amount paid by the Complainantsdisposed
  • Dec 2023Refund of Booking Amountdisposed
  • Dec 2023Refund for cancellation on booking the propertydisposed
Complaints by status
Open / under enquiry
2
Disposed (Authority)
3

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 — 2027-03-22 — 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/120423/005862 · promoter CASA GRANDE GARDEN CITY BUILDERS PVT LTD (Company) · U45205KA2015PTC082415
Dates
Start 2023-04-07 · original completion 2026-03-22 · 1 extension: Section 6 Extension → 2027-03-22
Progress
65% complete per quarterly filing Q1 2026-27 (submitted 2026-07-10) · 286 of 286 homes booked (0 available)
Registered cost
Total ₹161 cr · construction ₹105 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
ICICI Bank, Ulsoor Branch (70% construction account)
Plan sanction
PRJ/14724/22-23IN dated 2023-03-21 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
3.69 acres (14,928 sq m) · Tower A 81 homes, 9 floors; Tower B 95 homes, 9 floors; Tower C 110 homes, 9 floors
Litigation declared
None declared in filings
K-RERA complaints
5 on this registration (2 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/1251/310/PR/120423/005862, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 5 on this project

2026-07-27 · 00871/2026
Delay in Project Completion and Interest on Delay Period. — UNDER ENQUIRY AUTHORITY BENCH4
2026-04-22 · 00431/2026
Delay in Project and insufficient reporting to the Purchasers — POSTED FOR ORDERS AUTHORITY BENCH4
2024-12-24 · 01351/2024
Cancellation of allotment and refund of the entire amount paid by the Complainants — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2023-12-21 · 01863/2023
Refund of Booking Amount — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2023-12-08 · 01808/2023
Refund for cancellation on booking the property — 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/1251/310/PR/120423/005862 (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/120423/005862 (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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