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

Mirabelle Phase 2

G Corp · Hebbal / Thanisandra / Nagawara · Khata No.13/2, Ward No. 06, Sy. Nos 47/1(P), 47/2(P), 48/1(P), 48/2(P), 48/4, 48/5, 48/6(P), 48/7, 48/8(P), 50/2, 51(P), 52/1, 52/2, 52/7, 52/8, 53, , 54/1, 54/2, 54/3, 54/4, 55/2, 55/3, 55/4, 55/5(P), 56/6(P), 55/7(P), 55/9(P), 56/1, 56/2(P), 56/3(P), 56/4(P), 58/2, 59/2, 60/1(P), Thanisandra village, K R Puram Hobli, Bangalore East Taluk

Promoter entityG Corp Homes Private Limited
Entity type · PANCompany · AADCC3584H
Developer brandG Corp · #60 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/230425/007688
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned planBBMP/Addl.Dir/JDNORTH/0122/24-25 · 2025-04-21
Escrow bankICICI Bank, 17/1 Khata Dae 61, Vittal Mallya Road , Civil Station, Bangalore - 560001
Land1.05 acres · 4 land owners on record
Court cases declared2
Complaints at K-RERA0 on this project · 4 on the promoter
Record fetchedSep 2026
0 red flags3 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/230425/007688 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/1251/446/PR/230425/007688 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 & complaints5/10
2 court cases declared in filings (−3); land litigation declared “Yes” on a registration (−1)
Money to finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹163 cr, withdrew ₹116 cr
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/1251/446/PR/230425/007688 · G Corp Homes Private Limited
On original date
RegisteredApr 2025TodaySep 2026Original completionMay 2030
Construction7%
quarterly filing Q1 2026-27 (submitted 2026-07-14)
Homes booked173 / 284
111 still available
Sold vs built61% vs 7%
Buyers are well ahead of construction: most money is in, delivery risk sits with the developer.
Money through the RERA account
Collected ₹115.92 CrWithdrawn ₹115.72 CrQ3 2025-26115.92 Cr115.72 CrCollected ₹115.77 CrWithdrawn ₹115.77 CrQ4 2025-26115.77 Cr115.77 CrCollected ₹163.44 CrWithdrawn ₹115.81 CrQ1 2026-27163.44 Cr115.81 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Sub-structure flooring
    0%
  • Masonry Construction
    0%
  • Plastering inside , outside & Ceiling
    0%
  • Joinery: Doors, Windows, Ventilators etc
    0%
  • Basic work of Water supply, Sanitary and E
    0%
  • Dadoing, Skirting, Flooring, Tiles work
    0%
2 court cases declaredNo complaintsEscrow: ICICI BankJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

G Corp Homes Private Limited: no public rating located

Complaints & disputes on record
On this project00 open
On the promoter entity4all projects
Court cases declared2no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2030-05-31

7% built, 61% booked

7% built per the latest filing; 173/284 homes booked

No complaints on this project

No RERA complaints on this project; 4 on the promoter overall

2 court cases declared

2 court cases declared in RERA filings (no stay recorded)

The record, in pictures

RERA file · Registration

Registered project cost ₹673 cr — where it goes
Approvals ₹60.1 cr · 9%Construction & on-site ₹502.6 cr · 75%Other / taxes ₹110.1 cr · 16%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-14))
20262027202820292030Earth work and other leveling preparat100%Foundation footing work100%Upto Plinth Level20%Sub-structure flooring0%RCC or MS Framed structure3%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.
Suit for Partition OS No. 26870/2013/2013 · City Civil Judge · no stayRegular First Appeal RFA No. 1158 of 2020/2020 · High Court of Karnataka · no stayBorrowing declared: NoEscrow at ICICI Bank4 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

2 court cases declared in RERA filings (OS No. 26870/2013/2013, RFA No. 1158 of 2020/2020); 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 — 2030-05-31 — and what is the per-month delay compensation?
  4. What do the declared cases (OS No. 26870/2013/2013, RFA No. 1158 of 2020/2020) 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/1251/446/PR/230425/007688 · promoter G Corp Homes Private Limited (Company) · U70102KA2006PTC040256
Dates
Start 2025-04-15 · original completion 2030-05-31 · no extensions
Progress
7% complete per quarterly filing Q1 2026-27 (submitted 2026-07-14) · 173 of 284 homes booked (111 available)
Registered cost
Total ₹673 cr · construction ₹503 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
ICICI Bank, 17/1 Khata Dae 61, Vittal Mallya Road , Civil Station, Bangalore - 560001 (70% construction account)
Plan sanction
BBMP/Addl.Dir/JDNORTH/0122/24-25 dated 2025-04-21 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
1.05 acres (4,252 sq m) · Tower 3 124 homes, 30 floors; Tower 4 160 homes, 39 floors
Land owners / co-promoters
M R Seetharam (37.0%, Sy 56/2 (p)); M R Seetharam (37.0%, Sy 56/3 (p)); M R Seetharam (37.0%, Sy 56/4 (p)); No. of Basement (0%, Sy Total No. of Parking)
Litigation declared
Suit for Partition OS No. 26870/2013/2013, City Civil Judge — no stay; Regular First Appeal RFA No. 1158 of 2020/2020, High Court of Karnataka — no stay
K-RERA complaints
0 on this registration (0 open) · 4 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/1251/446/PR/230425/007688, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/230425/007688 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/446/PR/230425/007688 (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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