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PropertyLensBengaluru · invest

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

Lgcl Luxuriate

LGCL Urban Homes · HSR Layout / BTM / Koramangala fringe · Site No. 141A,, Sector 5, HSR Layout

Promoter entityLGCL Properties Pvt. Ltd.

Entity type · PANCompany · AABCL4208K

Developer brandLGCL Urban Homes · #57 in Bengaluru by RERA registrations

RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/171015/000312

Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike

Sanctioned plannot filed

Escrow bankHDFC, RICHMOND ROAD

Land0.45 acres

Court cases declared0

Complaints at K-RERA9 on this project · 37 on the promoter

Record fetchedSep 2026

3 red flags8 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/171015/000312. 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/171015/000312. 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.

3 red8 watch3 positive

Delivery timeline7/10

a registration completion date has already passed (−2)

Legal & complaints6/10

9 RERA complaints on the project (−3); 7 still open

Money to finish6/10

finance cost is 0% of the registered budget; registration-time status shows spend above collections (₹-4.59 cr) (−2)

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/1251/310/PR/171015/000312 · LGCL Properties Pvt. Ltd.

Past RERA date

Construction11%

registration-time status

Collected (at registration)₹4.63 Cr

Spent₹9.22 Cr

Balance with promoter₹-4.59 Cr

Delay declaredNo

No litigation declared9 complaints · 7 openEscrow: HDFC

Credit ratings of the people behind it

No public credit rating located for the promoter.

LGCL Properties Pvt. Ltd.: no public rating located

Complaints & disputes on record

On this project97 open

On the promoter entity37all projects

Court cases declared0no stay recorded

What complainants raise

Takeover of LGCL Luxuriate by Luxuriate Apartment Allottees LLP
Non-delivery of possession of Apartment No. A-1001 in "LGCL Luxuriate" and failure to refu
Seeking refund and compensation or handover of development to allottees, in light of undue
Delay period interest

At a glance

On its original RERA date

On its original RERA completion date: 2020-05-31

11% built

11% built per the latest filing

9 RERA complaints, 7 open

9 RERA complaints on this project (7 open); 37 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹26.69 cr — where it goes

Land ₹5.1 cr · 19%Construction & on-site ₹21.6 cr · 81%

No litigation declaredBorrowing declared: not statedEscrow at HDFC

Complaint log (K-RERA) · 9 on this project

Aug 2026Takeover of LGCL Luxuriate by Luxuriate Apartment Allottees LLPopen
Jun 2026Non-delivery of possession of Apartment No. A-1001 in "LGCL Luxuriate" and failure to refund Rs.99,00,000/- reopen
May 2023Seeking refund and compensation or handover of development to allottees, in light of undue delay in completionopen
Feb 2023Delay period interestopen
Dec 2022Breach of Agreement and delay in completion of projectopen
May 2022Complaint under Section 18(1) read with Section 31 of the Real Estate (Regulation and Development) Act, 2016open
Dec 2021Refund with Interestopen
Dec 2021Project has been stalled and no signs of progression or completiondisposed
Sep 2020No progression of the project since the time of agreementdisposed

Complaints by status

Open / under enquiry

Disposed (Authority)

Disposed (adjudicating officer)

Red flags to resolve in writing

Timeline

RERA completion date 2020-05-31 has passed without a completion application.

Timeline

9 K-RERA complaints on this registration.

Questions to put to the developer before you sign

Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
Confirm the price list, floor-rise and other charges for the exact unit.
Which date is contractual — 2020-05-31 — and what is the per-month delay compensation?
Confirm there is no litigation on the land or approvals beyond the RERA declaration.
Is the land freehold with the developer, and is any part mortgaged?

Full record: every filed number, line by line2 sections · 19 items

RERA file · Registration

Registration

PRM/KA/RERA/1251/310/PR/171015/000312 · promoter LGCL Properties Pvt. Ltd. (Company) · Proposed Project End Date at the time of registration :

Dates

Start 2015-10-29 · original completion 2020-05-31 · no extensions · current date has passed

Progress

11% complete per registration-time status

Registered cost

Total ₹26.69 cr · land ₹5.10 cr · construction ₹21.59 cr

RERA bank account

HDFC, RICHMOND ROAD (70% construction account)

Money at registration

collected ₹4.63 cr · used ₹9.22 cr · balance ₹-4.59 cr · delay declared: No

Land & towers

0.45 acres (1,822 sq m) · LGCL LUXURIATE 38 homes, 13 floors

Litigation declared

None declared in filings

K-RERA complaints

9 on this registration (7 open) · 37 on the promoter entity across all its projects

Completion applied

19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/171015/000312, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 9 on this project

2026-08-04 · 00930/2026

Takeover of LGCL Luxuriate by Luxuriate Apartment Allottees LLP — UNDER ENQUIRY AUTHORITY FULLBENCH

2026-06-04 · 00655/2026

Non-delivery of possession of Apartment No. A-1001 in "LGCL Luxuriate" and failure to refund Rs.99,00,000/- received without a registered agreement for sale (Sections 13 & 18). — UNDER ENQUIRY AUTHORITY FULLBENCH

2023-05-25 · 00825/2023

Seeking refund and compensation or handover of development to allottees, in light of undue delay in completion of the LGCL Luxuriate Project — UNDER ENQUIRY AUTHORITY FULLBENCH

2023-02-01 · 00149/2023

Delay period interest — UNDER ENQUIRY AUTHORITY FULLBENCH

2022-12-17 · CMP/221217/0010478

Breach of Agreement and delay in completion of project — UNDER ENQUIRY AUTHORITY FULLBENCH

2022-05-12 · CMP/220512/0009456

Complaint under Section 18(1) read with Section 31 of the Real Estate (Regulation and Development) Act, 2016 — UNDER ENQUIRY AUTHORITY FULLBENCH

2021-12-09 · CMP/211209/0008705

Refund with Interest — UNDER ENQUIRY AUTHORITY FULLBENCH

2021-12-06 · CMP/211206/0008684

Project has been stalled and no signs of progression or completion — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)

2020-09-23 · CMP/200923/0006651

No progression of the project since the time of agreement — DISPOSED AO (ADJUDICATING OFFICER)

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/171015/000312 (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/171015/000312 (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.