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

Mahaveer Hillstone

Mahaveer · Bannerghatta Road / JP Nagar / Arekere · Sy No 85(Part) of Mylasandra Village , Begur Hobli

Promoter entityReddy Projects and Developers Private Limited
Entity type · PANCompany · AAFCR9747R
Developer brandMahaveer · #27 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/140223/005715
Planning authorityBDA - Bangalore Development Authority
Sanctioned planBDA/TMP/PRL-16/2020-21/1238 · 2021-11-08
Escrow bankHDFC, Richmond Road Bengaluru
Landarea not filed · 5 land owners on record
Court cases declared0
Complaints at K-RERA1 on this project · 1 on the promoter
Record fetchedSep 2026
1 red flags3 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/140223/005715. 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/140223/005715. 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 & complaints8.5/10
1 RERA complaint on the project (−0.5)
Money to finish8/10
finance cost is 0% of the registered budget
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/140223/005715 · Reddy Projects and Developers Private Limited
Past RERA date
RegisteredJan 2022Original completionDec 2024TodaySep 2026
Construction10%
registration-time status
No litigation declared1 complaints · 0 openEscrow: HDFCJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

Reddy Projects and Developers Private Limited: no public rating located

Complaints & disputes on record
On this project10 open
On the promoter entity1all projects
Court cases declared0no stay recorded
What complainants raise
  • M/s Reddy Projects and Developers Pvt Ltd not adhering to the terms of Sale Agreement and
At a glance
On its original RERA date

On its original RERA completion date: 2024-12-31

10% built

10% built per the latest filing

1 RERA complaints, 0 open

1 RERA complaints on this project (0 open); 1 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹23.13 cr — where it goes
Approvals ₹0.9 cr · 4%Construction & on-site ₹10.5 cr · 45%Other / taxes ₹11.7 cr · 51%
No litigation declaredBorrowing declared: NoEscrow at HDFC5 recorded land-owner shares

Complaint log (K-RERA) · 1 on this project

  • May 2025M/s Reddy Projects and Developers Pvt Ltd not adhering to the terms of Sale Agreement and demanding more considisposed
Complaints by status
Disposed (Authority)
1

Red flags to resolve in writing

1
Timeline

RERA completion date 2024-12-31 has passed without a completion application.

2
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 — 2024-12-31 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. 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 line2 sections · 12 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/140223/005715 · promoter Reddy Projects and Developers Private Limited (Company) · U45200KA2012PTC063431
Dates
Start 2022-01-01 · original completion 2024-12-31 · no extensions · current date has passed
Progress
10% complete per registration-time status
Registered cost
Total ₹23.13 cr · construction ₹10.50 cr
Borrowing / mortgage declared
Borrowing: No · mortgage: No
RERA bank account
HDFC, Richmond Road Bengaluru (70% construction account)
Plan sanction
BDA/TMP/PRL-16/2020-21/1238 dated 2021-11-08 · BDA - Bangalore Development Authority
Land owners / co-promoters
Total Number of Parks and open spaces (6%, Sy Total Area of Parks and Open Spaces); Total Number of CA Sites (1%, Sy Total Area of CA Sites); 9.14 X 15.24 (14%, Sy 1950); 7353 (3%, Sy Odd Sites); TOTAL (99%, Sy 11680)
Litigation declared
None declared in filings
K-RERA complaints
1 on this registration (0 open) · 1 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/140223/005715, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 1 on this project

2025-05-26 · 00776/2025
M/s Reddy Projects and Developers Pvt Ltd not adhering to the terms of Sale Agreement and demanding more consideration — DISPOSED AUTHORITY BENCH4 (AUTHORITY)

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/140223/005715 (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/140223/005715 (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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