PropertyLensBengaluru · invest
Financial & legal due diligence · public record · 18 Oct 2026
Lgcl Pueblo
LGCL Urban Homes · Marathahalli / Kundalahalli / Varthur · Sy. No. 36/2, 36/3, 36/4 & 40/2, Naganathapura Village, Begur Hobli,
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/171014/000286
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankICICI Bank, MG ROAD
Land3.48 acres
Court cases declared0
Complaints at K-RERA24 on this project · 37 on the promoter
Record fetchedSep 2026
3 red flags2 to watch3 positive
Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/171014/000286. 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/171014/000286. 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 red2 watch3 positive
Delivery timeline7/10
a registration completion date has already passed (−2)
Legal & complaints6/10
24 RERA complaints on the project (−3); 1 still open
Money to finish6/10
finance cost is 0% of the registered budget; registration-time status shows spend above collections (₹-0.55 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/171014/000286 · LGCL Properties Pvt. Ltd.
Construction52%
registration-time status
Collected (at registration)₹23.01 Cr
Spent₹23.56 Cr
Balance with promoter₹-55.3 L
Delay declaredNo
No litigation declared24 complaints · 1 openEscrow: ICICI Bank
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 project241 open
On the promoter entity37all projects
Court cases declared0no stay recorded
What complainants raise
- Laundering of money from project bank account & non extention of project registration from
- Delay in delivery of more than 4 years
- Refund and Compensation
- Delay compensation as per RERA & handover of possession
At a glance
On its original RERA date
On its original RERA completion date: 2019-06-30
52% built
52% built per the latest filing
24 RERA complaints, 1 open
24 RERA complaints on this project (1 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 ₹43.63 cr — where it goes
Land ₹5.3 cr · 12%Construction & on-site ₹38.4 cr · 88%
No litigation declaredBorrowing declared: not statedEscrow at ICICI Bank
Complaint log (K-RERA) · 24 on this project
- Dec 2021Laundering of money from project bank account & non extention of project registration from 30.6.2019disposed
- Oct 2021Delay in delivery of more than 4 yearsdisposed
- Sep 2021Refund and Compensationdisposed
- May 2021Delay compensation as per RERA & handover of possessiondisposed
- Apr 2021Failure of the Builder to complete the projectdisposed
- Mar 2021Seeking for delay compensation as per RERA provisions and direct respondent to handover possession within 6 modisposed
- Jan 2021Breach of Joint Development Agreementdisposed
- Jan 2021Breach of Construction Agreement by Developer and inordinate delay in delivery of the projectdisposed
- Jul 2020Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Considedisposed
- Jul 2020Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Considedisposed
- Jul 2020The Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Condisposed
- Jul 2020The Home Buyers are awaiting for completion & Possession of the Project even after payment of 95 % of the Consdisposed
Red flags to resolve in writing
1
Timeline
RERA completion date 2019-06-30 has passed without a completion application.
2
Timeline
24 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 — 2019-06-30 — 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 · 34 items
RERA file · Registration
Registration
PRM/KA/RERA/1251/310/PR/171014/000286 · promoter LGCL Properties Pvt. Ltd. (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2015-06-02 · original completion 2019-06-30 · no extensions · current date has passed
Progress
52% complete per registration-time status
Registered cost
Total ₹43.63 cr · land ₹5.26 cr · construction ₹38.37 cr
RERA bank account
ICICI Bank, MG ROAD (70% construction account)
Money at registration
collected ₹23.01 cr · used ₹23.56 cr · balance ₹-0.55 cr · delay declared: No
Land & towers
3.48 acres (14,096 sq m) · LGCL PUEBLO 59 homes, 2 floors
Litigation declared
None declared in filings
K-RERA complaints
24 on this registration (1 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/171014/000286, fetched 2026-09-15. Figures are the promoter’s own filings.
Complaint log (K-RERA) · 24 on this project
2021-12-04 · CMP/211204/0008678
Laundering of money from project bank account & non extention of project registration from 30.6.2019 — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-10-25 · CMP/211025/0008468
Delay in delivery of more than 4 years — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-09-09 · CMP/210909/0008315
Refund and Compensation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-05-13 · CMP/210513/0007949
Delay compensation as per RERA & handover of possession — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-04-02 · CMP/210402/0007858
Failure of the Builder to complete the project — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-03-22 · CMP/210322/0007807
Seeking for delay compensation as per RERA provisions and direct respondent to handover possession within 6 months — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-01-29 · CMP/210129/0007446
Breach of Joint Development Agreement — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-01-28 · CMP/210128/0007513
Breach of Construction Agreement by Developer and inordinate delay in delivery of the project — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-14 · CMP/200714/0006162
Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-14 · CMP/200714/0006165
Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-14 · CMP/200714/0006170
The Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-14 · CMP/200714/0006171
The Home Buyers are awaiting for completion & Possession of the Project even after payment of 95 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-14 · CMP/200714/0006172
The Home Buyers are awaiting for completion & Possession of the Project even after payment of 95 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-14 · CMP/200714/0006173
The Home Buyers are awaiting for completion & Possession of the Project even after payment of 95 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-14 · CMP/200714/0006174
The Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-14 · CMP/200714/0006163
The Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-13 · CMP/200713/0006155
Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-13 · CMP/200713/0006156
Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-13 · CMP/200713/0006157
Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-07-13 · CMP/200713/0006158
Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house — POSTED FOR ORDERS AUTHORITY FULLBENCH
2020-07-13 · CMP/200713/0006160
Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-03-27 · CMP/200327/0005798
The Home Buyers are awaiting for completion & Possession of the Project even after payment of 100 % of the Consideration amount towards the purchase of the house. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-03-07 · CMP/200307/0005447
delay in handover — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2019-10-12 · CMP/191012/0004428
Seeking for delay compensation as per RERA provisions and direct respondent to handover possession within 6 months — 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/171014/000286 (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/171014/000286 (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.