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

Nvt Under The Open Sky

NVT Quality Lifestyle · Hoskote / Budigere Cross / Old Madras Road · Sy No.41/1, 41/2, 41/4, 42/3, 45/1, 45/2, 45/4, 45/5, 50/1, 50/2 of Chambenahalli Village , & Sy No.78, 79/1, 79/2, 85, 87/1, 87/2 of Volagerikallahalli Village, Sarjapura Hobli, Anekal Taluk

Promoter entityNVT QUALITY LIFESTYLE ESTATE LLP
Entity type · PANPartnership Firm · AAMFN8285C
Developer brandNVT Quality Lifestyle · #54 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/200924/007053
Planning authorityBDA - Bangalore Development Authority
Sanctioned plan643 · 2024-06-26
Escrow bankSTATE BANK OF INDIA, WHITEFIELD,BANGALORE
Land6.6 acres · 9 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/200924/007053 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/200924/007053 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 ₹9.21 cr, withdrew ₹11.50 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/200924/007053 · NVT QUALITY LIFESTYLE ESTATE LLP
On original date
RegisteredJul 2024TodaySep 2026Original completionMar 2029
Construction34%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked38 / 74
36 still available
Sold vs built51% vs 34%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹14.48 CrWithdrawn ₹6.55 CrQ3 2025-2614.48 Cr6.55 CrCollected ₹6.63 CrWithdrawn ₹6.20 CrQ4 2025-266.63 Cr6.20 CrCollected ₹9.21 CrWithdrawn ₹11.50 CrQ1 2026-279.21 Cr11.50 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Internal and External work including lands
    12%
  • Electrification, Water supply and Sanitary
    20%
  • Elevation work
    20%
  • Painting
    25%
  • Railing and Grill fixing
    35%
  • Basic work of Water supply, Sanitary and E
    37%
No litigation declaredNo complaintsEscrow: STATE BANK OF INDIAJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

NVT QUALITY LIFESTYLE ESTATE LLP: 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: 2029-03-31

34% built, 51% booked

34% built per the latest filing; 38/74 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 ₹163 cr — where it goes
Approvals ₹0.6 cr · 0%Construction & on-site ₹85 cr · 52%Other / taxes ₹77 cr · 47%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
2025202620272028Earth work and other leveling preparat100%Foundation footing work100%Upto Plinth Level96%Sub-structure flooring70%Retaining wall60%RCC or MS Framed structure86%Masonry Construction85%Plastering inside , outside & Ceiling65%Joinery: Doors, Windows, Ventilators e52%Basic work of Water supply, Sanitary a37%Dadoing, Skirting, Flooring, Tiles wor40%Railing and Grill fixing35%Electrification, Water supply and Sani20%Painting25%Weather Proof work89%Elevation work20%Internal and External work including l12%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 STATE BANK OF INDIA9 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 — 2029-03-31 — 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/200924/007053 · promoter NVT QUALITY LIFESTYLE ESTATE LLP (Partnership Firm) · AAF-6902
Dates
Start 2024-07-15 · original completion 2029-03-31 · no extensions
Progress
34% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 38 of 74 homes booked (36 available)
Registered cost
Total ₹163 cr · construction ₹85.00 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
STATE BANK OF INDIA, WHITEFIELD,BANGALORE (70% construction account)
Plan sanction
643 dated 2024-06-26 · BDA - Bangalore Development Authority
Land & towers
6.60 acres (26,708 sq m) · UNDER THE OPEN SKY 74 homes, 0 floors
Land owners / co-promoters
D S VARADARAJU (9.0%, Sy 59/3); D S DEVARAJU (9.5%, Sy 59/4); CAP-1,EOIZ,EXPORT PROMOTION INDUSTRIAL PARK NEAR ITPL, (9.5%, Sy 59/4); 32x74 (24%, Sy 8607); 32x67 (17%, Sy 5306); 32 X57 (33%, Sy 9153); TOTAL (74%, Sy 23066); Total No. of Units (74%, Sy No. of Stilts) +1 more
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 0 on the promoter entity across all its projects (a project-specific LLP; group-level complaints sit under other entities)
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/200924/007053, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/200924/007053 (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/200924/007053 (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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