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

LGCL One Street

LGCL Urban Homes · Hennur Road / Kothanur / Kalyan Nagar · Sy. No.75/1, BBMP Khata No.58/75/1, Kyalasanahalli Village, Krishnarajapuram Hobli,

Promoter entityLalith Gangadhar Constructions Pvt. Ltd.
Entity type · PANCompany · AABCL3625L
Developer brandLGCL Urban Homes · #57 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/171014/000374
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankICICI Bank, M.G.Road ,Bangalore
Land1.35 acres
Court cases declared0
Complaints at K-RERA5 on this project · 5 on the promoter
Record fetchedSep 2026
1 red flags3 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/171014/000374. 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/1251/446/PR/171014/000374. 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.

1 red3 watch3 positive
Delivery timeline7/10
a registration completion date has already passed (−2)
Legal & complaints6.5/10
5 RERA complaints on the project (−2.5)
Money to finish6/10
finance cost is 0% of the registered budget; registration-time status shows spend above collections (₹-1.51 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/1251/446/PR/171014/000374 · Lalith Gangadhar Constructions Pvt. Ltd.
Past RERA date
RegisteredMar 2015Original completionMar 2019TodaySep 2026
Construction45%
registration-time status
Collected (at registration)₹9.47 Cr
Spent₹10.98 Cr
Balance with promoter₹-1.51 Cr
Delay declaredNo
No litigation declared5 complaints · 0 openEscrow: ICICI Bank
Credit ratings of the people behind it

No public credit rating located for the promoter.

Lalith Gangadhar Constructions Pvt. Ltd.: no public rating located

Complaints & disputes on record
On this project50 open
On the promoter entity5all projects
Court cases declared0no stay recorded
What complainants raise
  • Refund and compensation
  • Refund and Misrepresentation
  • Gross delay in handing over possession of the property
  • Refund, interest & compensation and cancellation of the town house
At a glance
On its original RERA date

On its original RERA completion date: 2019-03-31

45% built

45% built per the latest filing

5 RERA complaints, 0 open

5 RERA complaints on this project (0 open); 5 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹21.54 cr — where it goes
Land ₹2.7 cr · 13%Construction & on-site ₹18.8 cr · 87%
No litigation declaredBorrowing declared: not statedEscrow at ICICI Bank

Complaint log (K-RERA) · 5 on this project

  • Mar 2021Refund and compensationdisposed
  • Feb 2021Refund and Misrepresentationdisposed
  • Aug 2020Gross delay in handing over possession of the propertydisposed
  • Oct 2019Refund, interest & compensation and cancellation of the town housedisposed
  • Mar 2019Refund - due to delay in completion of projectdisposed
Complaints by status
Disposed (Authority)
3
Disposed (adjudicating officer)
2

Red flags to resolve in writing

1
Timeline

RERA completion date 2019-03-31 has passed without a completion application.

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 — 2019-03-31 — 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 · 15 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/171014/000374 · promoter Lalith Gangadhar Constructions Pvt. Ltd. (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2015-03-25 · original completion 2019-03-31 · no extensions · current date has passed
Progress
45% complete per registration-time status
Registered cost
Total ₹21.54 cr · land ₹2.71 cr · construction ₹18.82 cr
RERA bank account
ICICI Bank, M.G.Road ,Bangalore (70% construction account)
Money at registration
collected ₹9.47 cr · used ₹10.98 cr · balance ₹-1.51 cr · delay declared: No
Land & towers
1.35 acres (5,451 sq m) · LGCL ONESTREET 32 homes, 3 floors
Litigation declared
None declared in filings
K-RERA complaints
5 on this registration (0 open) · 5 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171014/000374, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 5 on this project

2021-03-27 · CMP/210327/0007844
Refund and compensation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-02-14 · CMP/210214/0007617
Refund and Misrepresentation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-08-27 · CMP/200827/0006446
Gross delay in handing over possession of the property — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2019-10-10 · CMP/191010/0004449
Refund, interest & compensation and cancellation of the town house — DISPOSED AO (ADJUDICATING OFFICER)
2019-03-15 · CMP/190315/0002354
Refund - due to delay in completion of project — 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/1251/446/PR/171014/000374 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/446/PR/171014/000374 (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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