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

Cielo at Brigade Valencia

Brigade Group · Attibele / Anekal / Chandapura · Sy No’s: 52, 53, 54/1A, 54/2, 84/2, 84/3, 85/1, 85/4 and 86 , Kithiganahalli and Banahalli Village, Attibele Hobli, Anekal Taluk

Promoter entityBrigade Enterprises Ltd
Entity type · PANCompany · AAACB7459F
Developer brandBrigade Group · #3 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/120123/005613
Planning authorityLocal Planing Authority
Sanctioned planAPA/CC/207/2022-23 · 2022-12-06
Escrow bankKOTAK MAHINDRA BANK, Lavelle Road Branch
Land7.96 acres · 8 land owners on record
Court cases declared0
Complaints at K-RERA0 on this project · 43 on the promoter
Record fetchedSep 2026
0 red flags2 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/120123/005613 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/120123/005613 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 red2 watch5 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 3% of the registered budget; last quarter withdrew ₹25.26 cr against ₹6.03 cr collected (−1); 100% of homes booked (+1)
Developer strength9/10
ICRA AA/Stable (Brigade Enterprises Ltd)

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/308/PR/120123/005613 · Brigade Enterprises Ltd
On original date
RegisteredFeb 2023TodaySep 2026Original completionDec 2027
Construction88%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked662 / 662
0 still available
Sold vs built100% vs 88%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹4.49 CrWithdrawn ₹24.32 CrQ3 2025-264.49 Cr24.32 CrCollected ₹52.06 CrWithdrawn ₹15.99 CrQ4 2025-2652.06 Cr15.99 CrCollected ₹6.03 CrWithdrawn ₹25.26 CrQ1 2026-276.03 Cr25.26 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Masonry Construction
    0%
  • Plastering inside , outside & Ceiling
    0%
  • Basic work of Water supply, Sanitary and E
    40%
  • Elevation work
    75%
  • Internal and External work including lands
    80%
  • Electrification, Water supply and Sanitary
    85%
No litigation declaredNo complaintsEscrow: KOTAK MAHINDRA BANKJoint-development land
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA AA / Stable ▲ · Brigade Enterprises Ltd · Jul 2025
Complaints & disputes on record
On this project00 open
On the promoter entity43all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2027-12-31

88% built, 100% booked

88% built per the latest filing; 662/662 homes booked

No complaints on this project

No RERA complaints on this project; 43 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹431 cr — where it goes
Approvals ₹2.3 cr · 1%Construction & on-site ₹272.4 cr · 63%Finance (bank) ₹12 cr · 3%Other / taxes ₹144.2 cr · 33%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
2024202520262027Earth work and other leveling preparat100%Foundation footing work100%Upto Plinth Level100%Sub-structure flooring98%Retaining wall100%RCC or MS Framed structure98%Masonry Construction0%Plastering inside , outside & Ceiling0%Joinery: Doors, Windows, Ventilators e98%Basic work of Water supply, Sanitary a40%Dadoing, Skirting, Flooring, Tiles wor95%Railing and Grill fixing95%Electrification, Water supply and Sani85%Painting85%Fire prevention and fire fighting fitt85%Weather Proof work90%Elevation work75%Internal and External work including l80%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 BANK8 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

Joint-development land: confirm which units fall in the owners’ share.

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 — 2027-12-31 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. What is the land owners’ share of built area and is the unit in the developer’s share?
Full record: every filed number, line by line1 sections · 13 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/120123/005613 · promoter Brigade Enterprises Ltd (Company) · L85110KA1995PLC019126
Dates
Start 2023-02-01 · original completion 2027-12-31 · no extensions
Progress
88% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 662 of 662 homes booked (0 available)
Registered cost
Total ₹431 cr · construction ₹272 cr · bank principal+interest ₹12.02 cr
Borrowing / mortgage declared
Borrowing: No · mortgage: No
RERA bank account
KOTAK MAHINDRA BANK, Lavelle Road Branch (70% construction account)
Plan sanction
APA/CC/207/2022-23 dated 2022-12-06 · Local Planing Authority
Land & towers
7.96 acres (32,229 sq m) · Cielo at Brigade Valencia 662 homes, 22 floors
Land owners / co-promoters
M/s. Anish Maple Reality and M/s. Veerabhadra Associates (Goa) (30.0%, Sy 52); M/s. Anish Maple Reality and M/s. Veerabhadra Associates (Goa) (30.0%, Sy 54-2); M/s. Anish Maple Reality and M/s. Veerabhadra Associates (Goa) (30.0%, Sy 53); M/s. Anish Maple Reality and M/s. Veerabhadra Associates (Goa) (30.0%, Sy 86); M/s. Anish Maple Reality and M/s. Veerabhadra Associates (Goa) (30.0%, Sy 85-1); M/s. Anish Maple Reality and M/s. Veerabhadra Associates (Goa) (30.0%, Sy 84-2); M/s. Anish Maple Reality and M/s. Veerabhadra Associates (Goa) (30.0%, Sy 84-3); M/s. Anish Maple Reality and M/s. Veerabhadra Associates (Goa) (30.0%, Sy 85-4)
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 43 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/120123/005613, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/120123/005613 (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/120123/005613 (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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