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

Meenakshi Greens

Sapthagiri Constructions · Bannerghatta Road / JP Nagar / Arekere · Site / Khatha No. 1307/Sy. no 69/1, 2337/Syno. 177/2.Khatha Extract 1307, Ward no. 193, Hulimavu village Begur Hobli Bangalore

Promoter entitySapthagiri Constructions
Entity type · PANPartnership Firm · ADVFS7476C
Developer brandSapthagiri Constructions · #190 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/200113/003149
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankAxis Bank, Jayanagar 4th T Block
Land1.02 acres
Court cases declared0
Complaints at K-RERA6 on this project · 6 on the promoter
Record fetchedSep 2026
4 red flags0 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/200113/003149. 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/200113/003149. 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.

4 red0 watch2 positive
Delivery timeline5/10
1 extension on the registration (−2); a registration completion date has already passed (−2)
Legal & complaints6/10
6 RERA complaints on the project (−3)
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/200113/003149 · Sapthagiri Constructions
Past RERA date
RegisteredOct 2019Original completionDec 2022Covid ext.Sep 2023TodaySep 2026
No litigation declared6 complaints · 0 openEscrow: Axis Bank
Credit ratings of the people behind it

No public credit rating located for the promoter.

Sapthagiri Constructions: no public rating located

Complaints & disputes on record
On this project60 open
On the promoter entity6all projects
Court cases declared0no stay recorded
What complainants raise
  • Project land area and the current constructed area is different
  • Compound wall not constructed and amenities not delivered as promised
  • Missing Amenities and Improper maintenance and assisiation handodd process
  • Pending issues, Compound wall broken intentionally
At a glance
Registration extended 1×

Registration extended 1× — from 2022-12-12 to 2023-09-12 (already passed)

6 RERA complaints, 0 open

6 RERA complaints on this project (0 open); 6 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹52.25 cr — where it goes
Land ₹18 cr · 34%Construction & on-site ₹34.3 cr · 66%
No litigation declaredBorrowing declared: not statedEscrow at Axis Bank

Complaint log (K-RERA) · 6 on this project

  • Feb 2024Project land area and the current constructed area is differentdisposed
  • Feb 2024Compound wall not constructed and amenities not delivered as promiseddisposed
  • Feb 2024Missing Amenities and Improper maintenance and assisiation handodd processdisposed
  • Feb 2024Pending issues, Compound wall broken intentionallydisposed
  • Jan 2024Unresolved issues before association handoverdisposed
  • Dec 2023Compound wall brokendisposed
Complaints by status
Disposed (Authority)
6

Red flags to resolve in writing

1
Timeline

RERA completion date 2023-09-12 has passed without a completion application.

2
Timeline

6 K-RERA complaints on this registration.

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 — 2023-09-12 — and what is the per-month delay compensation?
  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 · 13 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/200113/003149 · promoter Sapthagiri Constructions (Partnership Firm) · Proposed Project End Date at the time of registration :
Dates
Start 2019-10-13 · original completion 2022-12-12 · 1 extension: Covid Extension → 2023-09-12 · current date has passed
Registered cost
Total ₹52.25 cr · land ₹18.00 cr · construction ₹34.25 cr
RERA bank account
Axis Bank, Jayanagar 4th T Block (70% construction account)
Land & towers
1.02 acres (4,119 sq m) · Tower A 40 homes, 4 floors; Tower B 38 homes, 4 floors
Litigation declared
None declared in filings
K-RERA complaints
6 on this registration (0 open) · 6 on the promoter entity across all its projects

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/200113/003149, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 6 on this project

2024-02-22 · 00219/2024
Project land area and the current constructed area is different — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-02-16 · 00190/2024
Compound wall not constructed and amenities not delivered as promised — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-02-12 · 00183/2024
Missing Amenities and Improper maintenance and assisiation handodd process — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-02-12 · 00185/2024
Pending issues, Compound wall broken intentionally — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-01-24 · 00117/2024
Unresolved issues before association handover — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2023-12-29 · 01891/2023
Compound wall broken — DISPOSED AUTHORITY FULLBENCH (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/200113/003149 (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/200113/003149 (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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