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

Lgcl New Life

LGCL Urban Homes · Sarjapur Road (Carmelaram / Dommasandra) · Sy. No. 11,12,13/1,22, Choodasandra Village, Sarjapura Hobli, Anekal Taluk, Bangalore

Promoter entityLGCL URBAN HOMES (INDIA) LLP
Entity type · PANOther · AAEFL8034B
Developer brandLGCL Urban Homes · #57 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/171015/000303
Planning authorityBDA - Bangalore Development Authority
Sanctioned plannot filed
Escrow bankHDFC, RICHMOND ROAD
Land9.18 acres
Court cases declared0
Complaints at K-RERA7 on this project · 24 on the promoter
Record fetchedSep 2026
4 red flags1 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/171015/000303. 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/171015/000303. 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.

4 red1 watch2 positive
Delivery timeline3/10
2 extensions on the registration (−4); a registration completion date has already passed (−2)
Legal & complaints6/10
7 RERA complaints on the project (−3)
Money to finish6/10
finance cost is 0% of the registered budget; registration-time status shows spend above collections (₹-28.53 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/1251/308/PR/171015/000303 · LGCL URBAN HOMES (INDIA) LLP
Past RERA date
RegisteredApr 2015Original completionDec 2019Section 6 ext.Dec 2020Covid ext.Sep 2021TodaySep 2026
Construction42%
registration-time status
Collected (at registration)₹24.12 Cr
Spent₹52.65 Cr
Balance with promoter₹-28.53 Cr
Delay declaredNo
No litigation declared7 complaints · 0 openEscrow: HDFC
Credit ratings of the people behind it

No public credit rating located for the promoter.

LGCL URBAN HOMES (INDIA) LLP: no public rating located

Complaints & disputes on record
On this project70 open
On the promoter entity24all projects
Court cases declared0no stay recorded
What complainants raise
  • Takeover of project by Allottees
  • Refund of full booking amount, request raised six months back
  • Refund & Misrepresentation
  • Refund & Misrepresentation
At a glance
Registration extended 2×

Registration extended 2× — from 2019-12-31 to 2020-12-31 (already passed)

42% built

42% built per the latest filing

7 RERA complaints, 0 open

7 RERA complaints on this project (0 open); 24 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹108 cr — where it goes
Land ₹10.7 cr · 10%Construction & on-site ₹97.5 cr · 90%
No litigation declaredBorrowing declared: not statedEscrow at HDFC

Complaint log (K-RERA) · 7 on this project

  • Dec 2022Takeover of project by Allotteesdisposed
  • Sep 2021Refund of full booking amount, request raised six months backdisposed
  • Feb 2021Refund & Misrepresentationdisposed
  • Feb 2021Refund & Misrepresentationdisposed
  • Feb 2021Refund and Miesrepresentationdisposed
  • Feb 2021Refund And Misrepresentationdisposed
  • Nov 2019Refund of 5 Lakhs for Booking cancellationdisposed
Complaints by status
Disposed (Authority)
6
Disposed (adjudicating officer)
1

Red flags to resolve in writing

1
Timeline

Registration extended 2 times: original completion 2019-12-31, now 2020-12-31.

2
Timeline

RERA completion date 2020-12-31 has passed without a completion application.

3
Timeline

7 K-RERA complaints on this registration.

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 — 2020-12-31 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. 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/1251/308/PR/171015/000303 · promoter LGCL URBAN HOMES (INDIA) LLP (Other) · EX/PRM/KA/RERA/1251/308/PR/200303/000303
Dates
Start 2015-04-06 · original completion 2019-12-31 · 2 extensions: Covid Extension → 2021-09-30, Section 6 Extension → 2020-12-31 · current date has passed
Progress
42% complete per registration-time status
Registered cost
Total ₹108 cr · land ₹10.70 cr · construction ₹97.54 cr
RERA bank account
HDFC, RICHMOND ROAD (70% construction account)
Money at registration
collected ₹24.12 cr · used ₹52.65 cr · balance ₹-28.53 cr · delay declared: No
Land & towers
9.18 acres (37,130 sq m) · LGCL NEW LIFE 108 homes, 0 floors
Litigation declared
None declared in filings
K-RERA complaints
7 on this registration (0 open) · 24 on the promoter entity across all its projects (a project-specific LLP; group-level complaints sit under other entities)
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/308/PR/171015/000303, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 7 on this project

2022-12-26 · CMP/221226/0010536
Takeover of project by Allottees — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-09-10 · CMP/210910/0008316
Refund of full booking amount, request raised six months back — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-02-25 · CMP/210225/0007697
Refund & Misrepresentation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-02-10 · CMP/210210/0007608
Refund & Misrepresentation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-02-07 · CMP/210207/0007587
Refund and Miesrepresentation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-02-05 · CMP/210205/0007579
Refund And Misrepresentation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2019-11-14 · CMP/191114/0004721
Refund of 5 Lakhs for Booking cancellation — 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/1251/308/PR/171015/000303 (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/171015/000303 (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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