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

Evershine StonePark

Evershine Dwellings · Electronic City / Hosur Road / Bommasandra · Sy. No. 208/3 & 208/4, Nirmala Vidyalaya Road, Gattahalli Village, Bangalore - 560099

Promoter entityEvershine Dwellings Pvt Ltd
Entity type · PANCompany · AADCE6389G
Developer brandEvershine Dwellings · #181 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/210226/008478
Planning authorityBDA - Bangalore Development Authority
Sanctioned planBDA/PS/EM/EO-3/TA-02/South/15/2025-26 · 2025-09-24
Escrow bankAU Small Finance Bank, CHANDRA LAYOUT
Land5.83 acres · 4 land owners on record
Court cases declared0
Complaints at K-RERA0 on this project · 0 on the promoter
Record fetchedSep 2026
0 red flags1 to watch6 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/210226/008478 and 2 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/210226/008478 and 2 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 red1 watch6 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 finish7/10
finance cost is 0% of the registered budget; last quarter: collected ₹0.50 cr, withdrew ₹0.50 cr; only 3% of homes booked (−1)
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.

Registration
PRM/KA/RERA/1251/308/PR/210226/008478 · Evershine Dwellings Pvt Ltd
On original date
RegisteredFeb 2026TodaySep 2026Original completionSep 2030
Construction8%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked4 / 117
113 still available
Sold vs built3% vs 8%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹1.75 CrWithdrawn ₹1.75 CrQ4 2025-261.75 Cr1.75 CrCollected ₹50.0 LWithdrawn ₹50.0 LQ1 2026-2750.0 L50.0 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Electrification, Water supply and Sanitary
    0%
  • Painting
    0%
  • Weather Proof work
    0%
  • Elevation work
    0%
  • Internal and External work including lands
    0%
  • Plastering inside , outside & Ceiling
    1%
No litigation declaredNo complaintsEscrow: AU Small Finance BankJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

Evershine Dwellings 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
On its original RERA date

On its original RERA completion date: 2030-09-30

8% built, 3% booked

8% built per the latest filing; 4/117 homes booked

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

The record, in pictures

RERA file · Registration

Registered project cost ₹98.30 cr — where it goes
Land ₹0 cr · 0%Approvals ₹1.6 cr · 2%Construction & on-site ₹87 cr · 89%Other / taxes ₹9.7 cr · 10%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
2027202820292030Earth work and other leveling preparat20%Foundation footing work10%Upto Plinth Level5%Sub-structure flooring5%Retaining wall10%RCC or MS Framed structure5%Masonry Construction4%Plastering inside , outside & Ceiling1%Joinery: Doors, Windows, Ventilators e1%Basic work of Water supply, Sanitary a1%Dadoing, Skirting, Flooring, Tiles wor1%Railing and Grill fixing1%Electrification, Water supply and Sani0%Painting0%Weather Proof work0%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 AU Small Finance Bank4 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 — 2030-09-30 — 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/210226/008478 · promoter Evershine Dwellings Pvt Ltd (Company) · U4520KA2013PTC072430
Dates
Start 2026-02-01 · original completion 2030-09-30 · no extensions
Progress
8% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 4 of 117 homes booked (113 available)
Registered cost
Total ₹98.30 cr · land ₹0.00 cr · construction ₹86.98 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
AU Small Finance Bank, CHANDRA LAYOUT (70% construction account)
Plan sanction
BDA/PS/EM/EO-3/TA-02/South/15/2025-26 dated 2025-09-24 · BDA - Bangalore Development Authority
Land & towers
5.83 acres (23,580 sq m) · EVERSHINE STONEPARK 117 homes, 0 floors
Land owners / co-promoters
Ankith S Reddy (40.0%, Sy 18); Rithu S Reddy (47.4%, Sy 18); East (57%, Sy 9802); West (60%, Sy 9961)
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 0 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/210226/008478, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/210226/008478 (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/210226/008478 (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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