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

Mana Verdant

Mana Projects · Sarjapur Road (Carmelaram / Dommasandra) · CHIKKANAYAKANA HALLI

Promoter entityMANA PROJECTS PVT LTD
Entity type · PANCompany · AAFCM8997G
Developer brandMana Projects · #61 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/309/PR/260523/005947
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plan80/2019- 2020 · 2020-10-23
Escrow bankAxis Bank, KADUBISANAHALLI MARATHAHALLI
Land4.87 acres · 3 land owners on record
Court cases declared2
Complaints at K-RERA0 on this project · 7 on the promoter
Record fetchedSep 2026
0 red flags3 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/309/PR/260523/005947 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/1251/309/PR/260523/005947 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.

0 red3 watch4 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints7.5/10
1 court case declared in filings (−1.5)
Money to finish7/10
finance cost is 3% of the registered budget; last quarter: collected ₹0.00 cr, withdrew ₹0.00 cr; only 0% 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/1251/309/PR/260523/005947 · MANA PROJECTS PVT LTD
On original date
RegisteredJan 2023TodaySep 2026Original completionDec 2030
Construction8%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked1 / 484
483 still available
Sold vs built0% vs 8%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹0Withdrawn ₹0Q3 2025-260.0 L0.0 LCollected ₹0Withdrawn ₹0Q4 2025-260.0 L0.0 LCollected ₹0Withdrawn ₹0Q1 2026-270.0 L0.0 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Upto Plinth Level
    0%
  • Sub-structure flooring
    0%
  • Retaining wall
    0%
  • RCC or MS Framed structure
    0%
  • Masonry Construction
    0%
  • Plastering inside , outside & Ceiling
    0%
1 court case declaredNo complaintsNBFC finance 3% of budgetEscrow: Axis BankJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

MANA PROJECTS PVT LTD: no public rating located

Complaints & disputes on record
On this project0– open
On the promoter entity7all projects
Court cases declared1no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2030-12-31

8% built, 0% booked

8% built per the latest filing; 1/484 homes booked

No complaints on this project

No RERA complaints on this project; 7 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 ₹233 cr — where it goes
Approvals ₹4 cr · 2%Construction & on-site ₹212 cr · 91%Finance (NBFC) ₹7.2 cr · 3%Other / taxes ₹9.8 cr · 4%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
2024202520262027202820292030Earth work and other leveling preparat67%Foundation footing work22%Upto Plinth Level0%Sub-structure flooring0%Retaining wall0%RCC or MS Framed structure0%Masonry Construction0%Plastering inside , outside & Ceiling0%Joinery: Doors, Windows, Ventilators e0%Basic work of Water supply, Sanitary a0%Dadoing, Skirting, Flooring, Tiles wor0%Railing and Grill fixing0%Electrification, Water supply and Sani0%Painting0%Fire prevention and fire fighting fitt0%Weather Proof work0%Elevation work0%Internal and External work including l0%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
Original Suite(OS) 744/2023 · City Civil and sessions Judge,Bangalore · no stayBorrowing declared: YesEscrow at Axis Bank3 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

2 court cases declared in RERA filings (744/2023, 744/2023); 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. Which date is contractual — 2030-12-31 — and what is the per-month delay compensation?
  4. What do the declared cases (744/2023, 744/2023) 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 line1 sections · 13 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/309/PR/260523/005947 · promoter MANA PROJECTS PVT LTD (Company) · 049111
Dates
Start 2023-01-14 · original completion 2030-12-31 · no extensions
Progress
8% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 1 of 484 homes booked (483 available)
Registered cost
Total ₹233 cr · construction ₹212 cr · NBFC principal+interest ₹7.20 cr (3%)
Borrowing / mortgage declared
Borrowing: Yes · mortgage: No
RERA bank account
Axis Bank, KADUBISANAHALLI MARATHAHALLI (70% construction account)
Plan sanction
80/2019- 2020 dated 2020-10-23 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
4.87 acres (19,726 sq m) · South Tower 294 homes, 20 floors; North Tower 190 homes, 18 floors
Land owners / co-promoters
JAYANTHI (33.0%, Sy 36/4); JAYANTHI (33.0%, Sy 37/5 & 37/6); MAHESHA D (33.0%, Sy 10/3 - 10/4)
Litigation declared
Original Suite(OS) 744/2023, City Civil and sessions Judge,Bangalore — no stay
K-RERA complaints
0 on this registration · 7 on the promoter entity across all its projects
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/309/PR/260523/005947, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/309/PR/260523/005947 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/309/PR/260523/005947 (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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