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

Nava Vajra

Nava Jyothi Shelters · Hennur Road / Kothanur / Kalyan Nagar · Property bearing Survey No.41/2, Common/Joint BBMP Katha No.41/2/117, 4th main Road , Kalkere Agara Main Road, Horamavu Agara Village

Promoter entityNAVA JYOTHI SHELTERS PRIVATE LIMITED
Entity type · PANCompany · AAFCN1496D
Developer brandNava Jyothi Shelters · #108 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/040524/006860
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned planMDP 1045/23-24 · 2024-04-15
Escrow bankAxis Bank, RAMAMURTHY NAGAR
Land4.56 acres · 7 land owners on record
Court cases declared0
Complaints at K-RERA0 on this project · 0 on the promoter
Record fetchedSep 2026
0 red flags1 to watch6 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/040524/006860 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/040524/006860 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 red1 watch6 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹143 cr, withdrew ₹20.04 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/040524/006860 · NAVA JYOTHI SHELTERS PRIVATE LIMITED
On original date
RegisteredApr 2024TodaySep 2026Original completionMar 2028
Construction83%
quarterly filing Q1 2026-27 (submitted 2026-07-14)
Homes booked276 / 388
112 still available
Sold vs built71% vs 83%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹37.80 CrWithdrawn ₹37.80 CrQ3 2025-2637.80 Cr37.80 CrCollected ₹17.31 CrWithdrawn ₹17.31 CrQ4 2025-2617.31 Cr17.31 CrCollected ₹143.05 CrWithdrawn ₹20.04 CrQ1 2026-27143.05 Cr20.04 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Railing and Grill fixing
    80%
  • Electrification, Water supply and Sanitary
    80%
  • Painting
    80%
  • Fire prevention and fire fighting fitting
    80%
  • Weather Proof work
    80%
  • Elevation work
    80%
No litigation declaredNo complaintsEscrow: Axis BankJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

NAVA JYOTHI SHELTERS PRIVATE LIMITED: no public rating located

Complaints & disputes on record
On this project00 open
On the promoter entity0all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2028-03-31

83% built, 71% booked

83% built per the latest filing; 276/388 homes booked

No complaints on this project

No RERA complaints on this project; 0 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹197 cr — where it goes
Land ₹0 cr · 0%Approvals ₹4.4 cr · 2%Construction & on-site ₹135.1 cr · 69%Other / taxes ₹57.1 cr · 29%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-14))
2025202620272028Earth work and other leveling preparat100%Foundation footing work100%Upto Plinth Level100%Sub-structure flooring100%RCC or MS Framed structure95%Masonry Construction90%Plastering inside , outside & Ceiling90%Joinery: Doors, Windows, Ventilators e90%Basic work of Water supply, Sanitary a90%Dadoing, Skirting, Flooring, Tiles wor85%Railing and Grill fixing80%Electrification, Water supply and Sani80%Painting80%Fire prevention and fire fighting fitt80%Weather Proof work80%Elevation work80%Internal and External work including l80%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
No litigation declaredBorrowing declared: NoEscrow at Axis Bank7 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
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 — 2028-03-31 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  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/040524/006860 · promoter NAVA JYOTHI SHELTERS PRIVATE LIMITED (Company) · U45205KA2016PTC085448
Dates
Start 2024-04-15 · original completion 2028-03-31 · no extensions
Progress
83% complete per quarterly filing Q1 2026-27 (submitted 2026-07-14) · 276 of 388 homes booked (112 available)
Registered cost
Total ₹197 cr · land ₹0.00 cr · construction ₹135 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
Axis Bank, RAMAMURTHY NAGAR (70% construction account)
Plan sanction
MDP 1045/23-24 dated 2024-04-15 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
4.56 acres (18,437 sq m) · NAVA VAJRA A Block 84 homes, 3 floors; NAVA VAJRA B Block 68 homes, 3 floors; NAVA VAJRA C Block 80 homes, 3 floors; NAVA VAJRA D Block 68 homes, 3 floors; NAVA VAJRA E Block 44 homes, 3 floors; NAVA VAJRA F Block 44 homes, 3 floors
Land owners / co-promoters
A TEJASWINI (21.5%, Sy 41/2); NAVA JYOTHI SHELTERS PRIVATE LIMITED by its Director K. Murali Babu (100.0%, Sy 41/2); KAVITHA. E.S (14.0%, Sy 41/2); K. ETHIRAJULU NAIDU (14.0%, Sy 41/2); P.R. SHIVAKUMAR REDDY (14.0%, Sy 41/2); Total No. of Units (84%, Sy No. of Stilts); No. of Basement (0%, Sy Total No. of Parking)
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 0 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/040524/006860, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/040524/006860 (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/040524/006860 (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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