PropertyLensBengaluru · invest
Financial & legal due diligence · public record · 18 Oct 2026
Nitesh Cape Cod Phase I
Nitesh Estates · Bellandur / Outer Ring Road / Kadubeesanahalli · Kaikondarahalli village , Varthur Hobli
Promoter entityNITESH URBAN DEVELOPMENT PRIVATE LIMITED
Entity type · PANCompany · AACCN6513G
Developer brandNitesh Estates · #31 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/180509/001674
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankYES BANK, Kasturba Road
Land4.37 acres
Court cases declared0
Complaints at K-RERA37 on this project · 37 on the promoter
Record fetchedSep 2026
2 red flags2 to watch3 positive
Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/180509/001674. 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/180509/001674. 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.
2 red2 watch3 positive
Delivery timeline7/10
a registration completion date has already passed (−2)
Legal & complaints9/10
3 still open
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/1251/446/PR/180509/001674 · NITESH URBAN DEVELOPMENT PRIVATE LIMITED
Construction70%
registration-time status
Collected (at registration)₹134.01 Cr
Spent₹117.06 Cr
Balance with promoter₹0
Delay declaredYesFinancial issues & contractors issues
No litigation declaredNo complaintsEscrow: YES BANK
Credit ratings of the people behind it
No public credit rating located for the promoter.
NITESH URBAN DEVELOPMENT PRIVATE LIMITED: no public rating located
Complaints & disputes on record
On this project373 open
On the promoter entity37all projects
Court cases declared0no stay recorded
What complainants raise
- Commitments of the Tranferor Developer of NUDPL - Nitesh Cap Cod Project is not being hono
- Refund of Principal amount paid with compensation
- Delayed Compensation and Refund of entire amount with Interest
- seek refund of money along with interest as ordered by the Honourable Karnataka Real Estat
At a glance
On its original RERA date
On its original RERA completion date: 2018-12-31
70% built
70% built per the latest filing
37 RERA complaints, 3 open
37 RERA complaints on this project (3 open); 37 on the promoter overall
No litigation declared
No litigation declared in RERA filings
The record, in pictures
RERA file · Registration
Registered project cost ₹238 cr — where it goes
Land ₹91.5 cr · 38%Construction & on-site ₹146.7 cr · 62%
No litigation declaredBorrowing declared: not statedEscrow at YES BANK
Complaint log (K-RERA) · 37 on this project
- Apr 2023Commitments of the Tranferor Developer of NUDPL - Nitesh Cap Cod Project is not being honoured by the proposedopen
- Mar 2023Refund of Principal amount paid with compensationdisposed
- Jan 2023Delayed Compensation and Refund of entire amount with Interestdisposed
- Aug 2022seek refund of money along with interest as ordered by the Honourable Karnataka Real Estate Regulatory Authoridisposed
- Dec 2020Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka Rdisposed
- Dec 2020Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka Rdisposed
- Dec 2020Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka Rdisposed
- Dec 2020Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka Rdisposed
- Dec 2020Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka Rdisposed
- Dec 2020Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka Rdisposed
- Dec 2020Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka Rdisposed
- Dec 2020Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka Rdisposed
Red flags to resolve in writing
1
Timeline
RERA completion date 2018-12-31 has passed without a completion application.
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.
- Which date is contractual — 2018-12-31 — and what is the per-month delay compensation?
- Confirm there is no litigation on the land or approvals beyond the RERA declaration.
- Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line2 sections · 34 items
RERA file · Registration
Registration
PRM/KA/RERA/1251/446/PR/180509/001674 · promoter NITESH URBAN DEVELOPMENT PRIVATE LIMITED (Company) · U45201KA2007PTC044561
Dates
Start 2012-03-19 · original completion 2018-12-31 · no extensions · current date has passed
Progress
70% complete per registration-time status
Registered cost
Total ₹238 cr · land ₹91.54 cr · construction ₹147 cr
RERA bank account
YES BANK, Kasturba Road (70% construction account)
Money at registration
collected ₹134 cr · used ₹117 cr · balance ₹0.00 cr · delay declared: Yes (Financial issues & contractors issues)
Land & towers
4.37 acres (17,705 sq m) · Block A 50 homes, 12 floors; Block B 50 homes, 12 floors; Block C 39 homes, 12 floors; Block D 50 homes, 12 floors; Block E 52 homes, 12 floors
Litigation declared
None declared in filings
Completion applied
19/12/2020
Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/180509/001674, fetched 2026-09-15. Figures are the promoter’s own filings.
Complaint log (K-RERA) · 37 on this project
2023-04-15 · 00488/2023
Commitments of the Tranferor Developer of NUDPL - Nitesh Cap Cod Project is not being honoured by the proposed Tranferee Developer INESA — POSTED FOR ORDERS AUTHORITY FULLBENCH
2023-03-31 · 00397/2023
Refund of Principal amount paid with compensation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2023-01-18 · 00094/2023
Delayed Compensation and Refund of entire amount with Interest — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2022-08-03 · CMP/220803/0009846
seek refund of money along with interest as ordered by the Honourable Karnataka Real Estate Regulatory Authority — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-02 · CMP/201202/0007205
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007174
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007175
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007177
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007179
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007180
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007182
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007183
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007184
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007187
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007188
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007189
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007191
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007192
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007193
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-12-01 · CMP/201201/0007194
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-11-30 · CMP/201130/0007170
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38,59, 60, 61, 62 and various provision ofRERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-11-30 · CMP/201130/0007164
Non registration of project, challenging the process of transfer of right and liabilities and other issues — POSTED FOR ORDERS AUTHORITY FULLBENCH
2020-11-30 · CMP/201130/0007167
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-11-30 · CMP/201130/0007168
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2020-11-30 · CMP/201130/0007169
Section 3, 4, 5, 6, 7, 8, 11, 19, 34, 35, 38, 59, 60, 61, 62 and various provision of RERA Act and Karnataka RERA Rules — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
Showing the latest 25 of 37.
Sources & caveats2 sources
- Karnataka RERA project record PRM/KA/RERA/1251/446/PR/180509/001674 (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/180509/001674 (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.