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

Nitesh Hyde Park Phase II

Nitesh Estates · Bannerghatta Road / JP Nagar / Arekere · Hulimavu Village, Begur Hobli, Bengalore South Taluk

Promoter entityNITESH HOUSING DEVELOPERS PRIVATE LIMITED
Entity type · PANCompany · AACCN6510F
Developer brandNitesh Estates · #31 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/180627/001912
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankYES BANK, Kasturba Road
Land5.42 acres
Court cases declared0
Complaints at K-RERA18 on this project · 74 on the promoter
Record fetchedSep 2026
3 red flags0 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/180627/001912. 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/180627/001912. 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.

3 red0 watch3 positive
Delivery timeline7/10
a registration completion date has already passed (−2)
Legal & complaints6/10
18 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/180627/001912 · NITESH HOUSING DEVELOPERS PRIVATE LIMITED
Past RERA date
RegisteredMay 2010Original completionDec 2018TodaySep 2026
Construction47%
registration-time status
Collected (at registration)₹239.82 Cr
Spent₹190.43 Cr
Balance with promoter₹0
Delay declaredYesStay order by neighbour litigation by Ramky contractor hard rock at siteTransport and sand strike
No litigation declared18 complaintsEscrow: YES BANK
Credit ratings of the people behind it

No public credit rating located for the promoter.

NITESH HOUSING DEVELOPERS PRIVATE LIMITED: no public rating located

Complaints & disputes on record
On this project18– open
On the promoter entity74all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2018-12-31

47% built

47% built per the latest filing

18 RERA complaints

18 RERA complaints on this project; 74 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹203 cr — where it goes
Land ₹97.2 cr · 48%Construction & on-site ₹106.3 cr · 52%
No litigation declaredBorrowing declared: not statedEscrow at YES BANK

Red flags to resolve in writing

1
Timeline

RERA completion date 2018-12-31 has passed without a completion application.

2
Timeline

18 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 — 2018-12-31 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line1 sections · 10 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/180627/001912 · promoter NITESH HOUSING DEVELOPERS PRIVATE LIMITED (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2010-05-17 · original completion 2018-12-31 · no extensions · current date has passed
Progress
47% complete per registration-time status
Registered cost
Total ₹203 cr · land ₹97.15 cr · construction ₹106 cr
RERA bank account
YES BANK, Kasturba Road (70% construction account)
Money at registration
collected ₹240 cr · used ₹190 cr · balance ₹0.00 cr · delay declared: Yes (Stay order by neighbour litigation by Ramky contractor hard rock at siteTransport and sand strike)
Land & towers
5.42 acres (21,954 sq m) · Block E 98 homes, 12 floors; Block F 65 homes, 12 floors
Litigation declared
None declared in filings
K-RERA complaints
18 on this registration · 74 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/180627/001912, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/310/PR/180627/001912 (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/180627/001912 (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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