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

Mahendra Aarya

Mahendra Homes · Electronic City / Hosur Road / Bommasandra · Sy no 13,12/1,10/1,8/4,9/2 & 6/1 of Andapura village, Attibele Hobli, Anekal Taluk

Promoter entityMahendra Homes Pvt Ltd
Entity type · PANCompany · AAHCM5688C
Developer brandMahendra Homes · #100 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/210408/004106
Planning authorityBMRDA - Bangalore Metropolitan Region Development Authority
Sanctioned plannot filed
Escrow bankKarnataka Bank Ltd., Basaveswar Nagar, Bangalore
Land9.42 acres
Court cases declared0
Complaints at K-RERA3 on this project · 10 on the promoter
Record fetchedSep 2026
0 red flags2 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/210408/004106 and 1 quarterly filing. 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/210408/004106 and 1 quarterly filing. 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.

0 red2 watch5 positive
Delivery timeline8/10
delivered on the original registration
Legal & complaints7.5/10
3 RERA complaints on the project (−1.5)
Money to finish9/10
finance cost is 0% of the registered budget; last quarter: collected ₹25.57 cr, withdrew ₹26.11 cr; 84% of homes booked (+1)
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/210408/004106 · Mahendra Homes Pvt Ltd
Delivered
RegisteredMar 2021Original completionDec 2025TodaySep 2026
Money through the RERA account
Collected ₹25.57 CrWithdrawn ₹26.11 CrQ3 2025-2625.57 Cr26.11 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Earth work and other leveling preparation
    100%
  • Foundation footing work
    100%
  • Retaining wall
    100%
  • Plinth level Beam
    100%
  • Sub-structure flooring
    100%
  • RCC or MS Framed structure
    100%
No litigation declared3 complaints · 0 openEscrow: Karnataka Bank Ltd.
Credit ratings of the people behind it

No public credit rating located for the promoter.

Mahendra Homes Pvt Ltd: no public rating located

Complaints & disputes on record
On this project30 open
On the promoter entity10all projects
Court cases declared0no stay recorded
What complainants raise
  • Complaint under Section 31 of the RERA Act, 2016 against the Promoter for Structural Defec
  • Complaint against Mahendra Homes Pvt. Ltd. for structural defect, poor construction qualit
  • DELAY IN DELIVERY
At a glance
Delivered

Delivered. RERA registration ran 2021-03-15 → 2025-12-31

3 RERA complaints, 0 open

3 RERA complaints on this project (0 open); 10 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹2574 cr — where it goes
Land ₹13.3 cr · 1%Construction & on-site ₹212.1 cr · 8%Other / taxes ₹2,349 cr · 91%
No litigation declaredBorrowing declared: not statedEscrow at Karnataka Bank Ltd.Owners’ association: not formed

Complaint log (K-RERA) · 3 on this project

  • Jul 2026Complaint under Section 31 of the RERA Act, 2016 against the Promoter for Structural Defects, Non-Rectificatiodisposed
  • May 2026Complaint against Mahendra Homes Pvt. Ltd. for structural defect, poor construction quality, and absolute non-disposed
  • Mar 2024DELAY IN DELIVERYdisposed
Complaints by status
Disposed (Authority)
3

Red flags to resolve in writing

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. Provide the occupancy certificate, khata and title chain for the unit.
  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 · 12 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/210408/004106 · promoter Mahendra Homes Pvt Ltd (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2021-03-15 · original completion 2025-12-31 · no extensions
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹2574 cr · land ₹13.28 cr · construction ₹212 cr
RERA bank account
Karnataka Bank Ltd., Basaveswar Nagar, Bangalore (70% construction account)
Land & towers
9.42 acres (38,141 sq m) · TOWER A 101 homes, 14 floors; TOWER B 301 homes, 14 floors; TOWER C 260 homes, 14 floors
Litigation declared
None declared in filings
K-RERA complaints
3 on this registration (0 open) · 10 on the promoter entity across all its projects
Owners’ association
Not yet formed

Source: Karnataka RERA project record PRM/KA/RERA/1251/308/PR/210408/004106, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 3 on this project

2026-07-15 · 00816/2026
Complaint under Section 31 of the RERA Act, 2016 against the Promoter for Structural Defects, Non-Rectification under Section 14(3), and Deficiencies causing Financial and Mental Agony. — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2026-05-25 · 00574/2026
Complaint against Mahendra Homes Pvt. Ltd. for structural defect, poor construction quality, and absolute non-compliance with the 5-year Defect Liability obligation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-03-30 · 00334/2024
DELAY IN DELIVERY — 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/1251/308/PR/210408/004106 (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/210408/004106 (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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