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

Mahindra Eden Phase-1

Mahindra Lifespaces · Kanakapura Road / Talaghattapura / Banashankari 6th · Mahindra Eden Sy. No. 49 & 50/2, Holiday Village Road, , Vajarahalli Village, Kanakapura Road, Bengaluru: 560062.

Promoter entityMAHINDRA LIFESPACE DEVELOPERS LIMITED
Entity type · PANCompany · AAACG8904C
Developer brandMahindra Lifespaces · #59 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/300322/004794
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned planDLP 42/18-19/1552/2021-22 · 2022-01-03
Escrow bankAxis Bank, Kanakapura Road
Land3.12 acres · 2 land owners on record
Court cases declared2
Complaints at K-RERA2 on this project · 4 on the promoter
Record fetchedSep 2026
1 red flags4 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/300322/004794 and 2 quarterly filings. 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/300322/004794 and 2 quarterly filings. 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 red4 watch3 positive
Delivery timeline8/10
delivered on the original registration
Legal & complaints4.5/10
1 court case declared in filings (−1.5); an injunction/stay is recorded (−2); 2 RERA complaints on the project (−1)
Money to finish8/10
finance cost is 3% of the registered budget; last quarter withdrew ₹39.69 cr against ₹14.68 cr collected (−1); 100% of homes booked (+1)
Developer strength9/10
CRISIL AA/Stable (Mahindra Lifespace Developers)

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/310/PR/300322/004794 · MAHINDRA LIFESPACE DEVELOPERS LIMITED
Delivered
RegisteredApr 2022TodaySep 2026Original completionMar 2027
Money through the RERA account
Collected ₹1.21 CrWithdrawn ₹11.02 CrQ3 2025-261.21 Cr11.02 CrCollected ₹14.68 CrWithdrawn ₹39.69 CrQ4 2025-2614.68 Cr39.69 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Earth work and other leveling preparation
    100%
  • Foundation footing work
    100%
  • Upto Plinth Level
    100%
  • Sub-structure flooring
    100%
  • Retaining wall
    100%
  • RCC or MS Framed structure
    100%
1 court case declared2 complaints · 0 openNBFC finance 3% of budgetEscrow: Axis BankJoint-development land
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeCRISIL AA / Stable · Mahindra Lifespace Developers · Jun 2025
Complaints & disputes on record
On this project20 open
On the promoter entity4all projects
Court cases declared1no stay recorded
What complainants raise
  • Compensation for the Value Loss
  • Compensation
At a glance
Delivered

Delivered. RERA registration ran 2022-04-01 → 2027-03-30

2 RERA complaints, 0 open

2 RERA complaints on this project (0 open); 4 on the promoter overall

1 court case declared

1 court case declared in RERA filings (no stay recorded)

The record, in pictures

RERA file · Registration

Registered project cost ₹209 cr — where it goes
Approvals ₹10.7 cr · 5%Construction & on-site ₹168.9 cr · 81%Finance (NBFC) ₹5.4 cr · 3%Other / taxes ₹24 cr · 11%
Original Suit 8205/2013 · Hon'ble City Civil and SessionsJudge, Bengaluru City · STAYBorrowing declared: YesEscrow at Axis Bank2 recorded land-owner sharesOwners’ association: not formed

Complaint log (K-RERA) · 2 on this project

  • Feb 2023Compensation for the Value Lossdisposed
  • Feb 2023Compensationdisposed
Complaints by status
Disposed (adjudicating officer)
2

Red flags to resolve in writing

1
Legal

2 court cases declared in RERA filings (8205/2013, 8205/2013); check for stays and title impact.

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. Provide the occupancy certificate, khata and title chain for the unit.
  4. What do the declared cases (8205/2013, 8205/2013) concern and is any stay in force?
  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 · 14 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/300322/004794 · promoter MAHINDRA LIFESPACE DEVELOPERS LIMITED (Company) · L45200MH1999PLC118949
Dates
Start 2022-04-01 · original completion 2027-03-30 · no extensions
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹209 cr · construction ₹169 cr · NBFC principal+interest ₹5.36 cr (3%)
Borrowing / mortgage declared
Borrowing: Yes · mortgage: No
RERA bank account
Axis Bank, Kanakapura Road (70% construction account)
Plan sanction
DLP 42/18-19/1552/2021-22 dated 2022-01-03 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
3.12 acres (12,621 sq m) · Wing-A 107 homes, 26 floors; Wing-B 170 homes, 28 floors
Land owners / co-promoters
Mahindra Lifespace Developers Limited (100.0%, Sy 50/2); No. of Basement (2%, Sy Total No. of Parking)
Litigation declared
Original Suit 8205/2013, Hon'ble City Civil and SessionsJudge, Bengaluru City — injunction/stay recorded
K-RERA complaints
2 on this registration (0 open) · 4 on the promoter entity across all its projects
Owners’ association
Not yet formed

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/300322/004794, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 2 on this project

2023-02-27 · 00258/2023
Compensation for the Value Loss — DISPOSED AO (ADJUDICATING OFFICER)
2023-02-24 · 00243/2023
Compensation — 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/300322/004794 (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/300322/004794 (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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