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

DNR Spring Leaf

DNR Group · Koramangala (Ejipura / S.T. Bed) · S.T. Bed Layout, Cauvery Colony, Ejipura, Koramangala, Bengaluru 560095

Promoter entityDNR CORPORATION PVT LTD
Entity type · PANCompany · AACCD8007D
Developer brandDNR Group
RERA registrationsSingle phase: PRM/KA/RERA/1251/310/PR/190222/002446
Planning authorityBDA - Bangalore Development Authority
Sanctioned plannot filed
Escrow bankICICI Bank, CUNNINGHAM ROAD
Land1 acres
Court cases declared0
Complaints at K-RERA0 on this project · 0 on the promoter
Record fetchedSep 2026
0 red flags7 to watch10 positive

Completed project; purchase would be a resale. Public records only; Karnataka RERA quarterly filings not retrieved. 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

Completed project; purchase would be a resale. Public records only; Karnataka RERA quarterly filings not retrieved. 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 watch10 positive
Delivery timeline8/10
delivered on the original registration
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength5/10
no public credit rating for the promoter

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

Single phase
PRM/KA/RERA/1251/310/PR/190222/002446 · DNR CORPORATION PVT LTD
Delivered
RegisteredDec 2018Original completionDec 2022TodaySep 2026
Collected (at registration)₹7.0 L
Spent₹12.77 Cr
Balance with promoter₹4.9 L
No litigation declaredNo complaintsEscrow: ICICI Bank
Credit ratings of the people behind it

No public credit rating located for the promoter.

DNR Corporation Pvt Ltd: no public rating located

Complaints & disputes on record
On this project00 open
On the promoter entity0all projects
Court cases declared0no stay recorded
At a glance
Delivered

Delivered. RERA registration ran 2018-12-25 → 2022-12-30

No complaints on this project

No RERA complaints on this project; 0 on the promoter overall

No litigation declared

No litigation declared in RERA filings

Promoter capital ₹2 lakh vs ₹216 cr bank charges

Promoter is DNR Corporation Pvt Ltd (incorporated Dec 2007), paid-up capital ₹2 lakh against ₹215.9 cr of open bank charges (ICICI ₹175 cr, Axis ₹40 cr).

OC not sighted; verify before resale

Project is complete and occupied; the occupancy certificate is shown as “NA” on one listing portal and has not been sighted. Verify OC and khata before any resale.

Possession slipped vs original date

Possession slipped: original RERA target reported as Dec 2020; portals record completion Feb 2020 (one) and Sep/Oct 2023 (others).

No rating, no NCLT, no complaints

No credit rating, NCLT admission or reported litigation located for DNR Corporation. A separately named “DNR India Autotech” with an NCLT case is unrelated.

FY25 revenue jumped on completions

FY25 filings show revenue in the ₹300–400 cr band with large year-on-year jumps, consistent with project completions being recognised.

The record, in pictures

Who built it

Paid-up capital₹2 lakh
Open bank charges₹215.9 crICICI ₹175 cr · Axis ₹40 cr
Revenue FY25₹300–400 craggregator band
ComplianceActiveAGM 30 Sep 2024

Project record

RERA registered Feb 2019Original target Dec 2020 → possession 2023OC status not confirmed59 homes · 2 towers

Ratings, insolvency and disputes

No public credit ratingNo NCLT proceeding (DNR India Autotech is unrelated)No complaints on K-RERA

RERA file · Single phase

Registered project cost ₹45.25 cr — where it goes
Land ₹15 cr · 33%Construction & on-site ₹30.3 cr · 67%
No litigation declaredBorrowing declared: not statedEscrow at ICICI Bank

Red flags to resolve in writing

1
Legal

Occupancy certificate not confirmed; buy only against the OC, khata and a clean title chain.

2
Money

Promoter capital is nominal (₹2 lakh) relative to ₹215.9 cr of secured borrowing — relevant for warranty or common-area claims after purchase.

3
Timeline

Possession dates conflict across sources and are later than the original target.

Questions to put to the developer before you sign

  1. Provide the OC/completion certificate, BBMP khata and the registered sale deed chain for the specific flat.
  2. Has the owners’ association been formed and the common areas conveyed?
  3. Are any of the 59 units still held by the developer and charged to a lender?
  4. Any pending BBMP, BWSSB or BESCOM dues on the building?
Full record: every filed number, line by line4 sections · 24 items

Who built it

Promoter
DNR Corporation Pvt Ltd, CIN U45201KA2007PTC044602, incorporated 7 Dec 2007; group founded 1957
Directors
Vipul Kumar Kumat (MD), Ritesh Kumat (WTD), Pramod Kumar Shantilal, Umang Badjatya, Suneil Vijay Shah
Capital
Authorised ₹5 cr; paid-up ₹2 lakh
FY25 (year to 31 Mar 2025)
Revenue ₹300–400 cr (aggregator band); revenue, profit and net worth all up sharply year on year; borrowings +14%
Open charges
ICICI Bank ₹175 cr (two loans); Axis Bank ₹40 cr; Mercedes-Benz Financial ₹0.9 cr; ₹92 cr of earlier loans satisfied
Compliance
Active; last AGM 30 Sep 2024; no defaults or cases listed by the aggregator

Project record

RERA
PRM/KA/RERA/1251/310/PR/190222/002446 (registered Feb 2019)
Completion date
Original target reported as Dec 2020; listings show ready since Feb 2020 (one portal) or Sep–Oct 2023 (others)
Occupancy certificate
Not sighted; one portal lists OC status as “NA”
Scale
59 homes, 2 towers, 9 floors, 0.68–1 acre (one portal says 3 acres)
Escrow / Form 4
Not retrieved (portal not machine-readable); for a completed project the remaining exposure is documentation, not construction

Ratings, insolvency and disputes

Credit rating
None located for DNR Corporation
NCLT / IBBI
No proceeding located against DNR Corporation Pvt Ltd. Note: “DNR India Autotech Pvt Ltd” (Mumbai NCLT, Bank of Maharashtra petition) is an unrelated company
Litigation
None reported by listings; not verified against court records
RERA complaints
None located; Authority register not searched

RERA file · Single phase

Registration
PRM/KA/RERA/1251/310/PR/190222/002446 · promoter DNR CORPORATION PVT LTD (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2018-12-25 · original completion 2022-12-30 · no extensions
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹45.25 cr · land ₹15.00 cr · construction ₹30.25 cr
RERA bank account
ICICI Bank, CUNNINGHAM ROAD (70% construction account)
Money at registration
collected ₹0.07 cr · spent ₹12.77 cr · balance ₹0.05 cr
Land & towers
0.69 acres (2,780 sq m) · TOWER A 25 homes, 9 floors; TOWER B 34 homes, 9 floors
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 0 on the promoter entity across all its projects

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/190222/002446, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats3 sources
  • MCA records for DNR Corporation Pvt Ltd via company-data aggregators
  • Listing portals for RERA number, completion and OC status
  • Karnataka RERA registration number as reported by listings
  • Karnataka RERA project records PRM/KA/RERA/1251/310/PR/190222/002446 (registration file, quarterly updates, complaint register), fetched Sep 2026.

Caveats. RERA quarterly certificates, OC and court registers were not retrieved for this project. Financial figures are aggregator bands, not the filed accounts. 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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