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PropertyLensBengaluru · invest

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

Mahindra Eden Phase-2

Mahindra Lifespaces · Kanakapura Road / Talaghattapura / Banashankari 6th · Mahindra Eden

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/060822/005141

Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike

Sanctioned planBBMP/CC/9799/21-22 · 2022-03-09

Escrow bankAxis Bank, Kanakapura Road, Raghuvanahalli, Bangalore – 560062

Land7.15 acres · 1 land owner on record

Court cases declared1

Complaints at K-RERA0 on this project · 4 on the promoter

Record fetchedSep 2026

1 red flags2 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/060822/005141 and 3 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/060822/005141 and 3 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 red2 watch5 positive

Delivery timeline8/10

delivered on the original registration

Legal & complaints5.5/10

1 court case declared in filings (−1.5); an injunction/stay is recorded (−2)

Money to finish8/10

finance cost is 2% of the registered budget; last quarter withdrew ₹41.33 cr against ₹10.64 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/060822/005141 · MAHINDRA LIFESPACE DEVELOPERS LIMITED

Delivered

Money through the RERA account

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 declaredNo complaintsNBFC finance 2% of budgetEscrow: Axis BankJoint-development land

Credit ratings of the people behind it

Complaints & disputes on record

On this project0– open

On the promoter entity4all projects

Court cases declared1no stay recorded

At a glance

Delivered

Delivered. RERA registration ran 2022-08-01 → 2027-07-30

No complaints on this project

No RERA complaints on this project; 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 ₹238 cr — where it goes

Approvals ₹10.8 cr · 5%Construction & on-site ₹168.1 cr · 71%Finance (NBFC) ₹5.4 cr · 2%Other / taxes ₹53.6 cr · 23%

Original Suit 8205/2013 · Hon'ble City Civil and Sessions Judge, Bengaluru City · STAYBorrowing declared: YesEscrow at Axis Bank1 recorded land-owner shareOwners’ association: not formed

Red flags to resolve in writing

Legal

1 court case declared in RERA filings (8205/2013); check for stays and title impact.

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.
Provide the occupancy certificate, khata and title chain for the unit.
What do the declared cases (8205/2013) concern and is any stay in force?
Is the land freehold with the developer, and is any part mortgaged?

Full record: every filed number, line by line1 sections · 12 items

RERA file · Registration

Registration

PRM/KA/RERA/1251/310/PR/060822/005141 · promoter MAHINDRA LIFESPACE DEVELOPERS LIMITED (Company) · L45200MH1999PLC118949

Dates

Start 2022-08-01 · original completion 2027-07-30 · no extensions

Status

Completed and occupied (per project status); RERA progress fields below are historical

Registered cost

Total ₹238 cr · construction ₹168 cr · NBFC principal+interest ₹5.41 cr (2%)

Borrowing / mortgage declared

Borrowing: Yes · mortgage: No

RERA bank account

Axis Bank, Kanakapura Road, Raghuvanahalli, Bangalore – 560062 (70% construction account)

Plan sanction

BBMP/CC/9799/21-22 dated 2022-03-09 · BBMP - Bruhat Bengaluru Mahanagara Palike

Land & towers

7.15 acres (28,942 sq m) · Wing-C 107 homes, 26 floors; Wing-D 143 homes, 28 floors

Land owners / co-promoters

Mahindra Lifespace Developers Limited (100.0%, Sy 50/2)

Litigation declared

Original Suit 8205/2013, Hon'ble City Civil and Sessions Judge, Bengaluru City — injunction/stay recorded

K-RERA complaints

0 on this registration · 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/060822/005141, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources

Karnataka RERA project record PRM/KA/RERA/1251/310/PR/060822/005141 (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/060822/005141 (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.