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

Pashmina Waterfront -Phase-I

Pashmina · KR Puram / Mahadevapura / Hoskote Road · Katha No.149, Bhattarahalli village, Bidarahalli Hobli, Old Madras Road,

Promoter entityLily Realty Pvt Ltd
Entity type · PANCompany · AABCL2976N
Developer brandPashmina · #197 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/171014/000345
Planning authorityBDA - Bangalore Development Authority
Sanctioned plannot filed
Escrow bankYES BANK, Bandra
Land7.75 acres
Court cases declared0
Complaints at K-RERA46 on this project · 46 on the promoter
Record fetchedSep 2026
2 red flags6 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/171014/000345. 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/171014/000345. 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 red6 watch5 positive
Delivery timeline8/10
delivered on the original registration
Legal & complaints6/10
46 RERA complaints on the project (−3); 8 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/171014/000345 · Lily Realty Pvt Ltd
Delivered
RegisteredOct 2012Original completionDec 2018TodaySep 2026
No litigation declared46 complaints · 8 openEscrow: YES BANK
Credit ratings of the people behind it

No public credit rating located for the promoter.

Lily Realty Pvt Ltd: no public rating located

Complaints & disputes on record
On this project468 open
On the promoter entity46all projects
Court cases declared0no stay recorded
What complainants raise
  • Violations of Section 11(4)(d),Sec14(3),Sec (17)
  • Delivery date has been expired we need possession and interest on delay period till date .
  • Refund with compensation
  • Refund of Advance/Booking Amount Paid
At a glance
Delivered

Delivered. RERA registration ran 2012-10-19 → 2018-12-31

46 RERA complaints, 8 open

46 RERA complaints on this project (8 open); 46 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹966 cr — where it goes
Land ₹55.6 cr · 6%Construction & on-site ₹910.1 cr · 94%
No litigation declaredBorrowing declared: not statedEscrow at YES BANK

Complaint log (K-RERA) · 46 on this project

  • Apr 2026Violations of Section 11(4)(d),Sec14(3),Sec (17)open
  • Apr 2025Delivery date has been expired we need possession and interest on delay period till date .open
  • Aug 2023Refund with compensationdisposed
  • Jun 2023Refund of Advance/Booking Amount Paiddisposed
  • Jan 2023FAILED TO DELIVER THE FLAT BEARING NO.T0434D ON TIME WITH ALL AMENITIES.disposed
  • Jan 2023Absolute negligence and deficiency of service on the part of the RESPONDENT in completing the construction anddisposed
  • Dec 2022Failure to deliver apartment by agreement date.disposed
  • Nov 2022REFUND OF THE BOOKING AMOUNT OF RS.10,60,000/-disposed
  • Oct 2022Refund with interestdisposed
  • Aug 2022Delay in handing over the possession, pending work, Allotment of car parking space not in accordance with the disposed
  • May 2022Inordinate delay in completion of the Flat T0435Adisposed
  • May 2022Delay compensation and Refund of Pre EMI amount paid by the Petitionerdisposed
Complaints by status
Open / under enquiry
8
Disposed (Authority)
25
Disposed (adjudicating officer)
13

Red flags to resolve in writing

1
Timeline

46 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. Provide the occupancy certificate, khata and title chain for the unit.
  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 line2 sections · 34 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/171014/000345 · promoter Lily Realty Pvt Ltd (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2012-10-19 · original completion 2018-12-31 · no extensions
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹966 cr · land ₹55.56 cr · construction ₹910 cr
RERA bank account
YES BANK, Bandra (70% construction account)
Land & towers
7.75 acres (31,363 sq m) · Block A 149 homes, 39 floors; BLOCK B 149 homes, 39 floors; Block C 76 homes, 38 floors; Block D 149 homes, 39 floors; Block E 149 homes, 39 floors
Litigation declared
None declared in filings
K-RERA complaints
46 on this registration (8 open) · 46 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171014/000345, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 46 on this project

2026-04-08 · 00366/2026
Violations of Section 11(4)(d),Sec14(3),Sec (17) — UNDER ENQUIRY AUTHORITY BENCH5
2025-04-09 · 00613/2025
Delivery date has been expired we need possession and interest on delay period till date . — UNDER ENQUIRY AUTHORITY BENCH5
2023-08-25 · 01287/2023
Refund with compensation — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-06-22 · 00959/2023
Refund of Advance/Booking Amount Paid — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-01-31 · 00136/2023
FAILED TO DELIVER THE FLAT BEARING NO.T0434D ON TIME WITH ALL AMENITIES. — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-01-31 · 00137/2023
Absolute negligence and deficiency of service on the part of the RESPONDENT in completing the construction and delivering the possession of the flat to the complainants as agreed upon. — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2022-12-26 · CMP/221226/0010522
Failure to deliver apartment by agreement date. — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2022-11-12 · CMP/221112/0010262
REFUND OF THE BOOKING AMOUNT OF RS.10,60,000/- — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2022-10-07 · CMP/221007/0010060
Refund with interest — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2022-08-11 · CMP/220811/0009875
Delay in handing over the possession, pending work, Allotment of car parking space not in accordance with the Agreement to Sell and Construction Agreement, Interest on Installment Paid. — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2022-05-30 · CMP/220530/0009540
Inordinate delay in completion of the Flat T0435A — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2022-05-20 · CMP/220520/0009502
Delay compensation and Refund of Pre EMI amount paid by the Petitioner — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2022-05-10 · CMP/220510/0009448
Reg T2-35-B _ Refund required due to false commitment — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2022-04-30 · CMP/220430/0009400
Refund of advance — POSTED FOR ORDERS AUTHORITY FULLBENCH
2022-02-01 · CMP/220201/0008887
Refund of the entire sale consideration along with refund of Pre-EMI interest and exit the project — POSTED FOR ORDERS AUTHORITY FULLBENCH
2021-12-06 · CMP/211206/0008687
Delay in Handover - penalty compensation not given — POSTED FOR ORDERS AUTHORITY FULLBENCH
2021-11-08 · CMP/211108/0008521
Incomplete apartment — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-08-18 · CMP/210818/0008254
Complaint against Promoter for violation of provisions of the RERA and applicable agreements — UNDER ENQUIRY AUTHORITY FULLBENCH
2021-08-06 · CMP/210806/0008221
Project incomplete — DISPOSED AO (ADJUDICATING OFFICER)
2021-08-05 · CMP/210805/0008213
None Provision of Amenities excess PLC charges , Flat area shortage — DISPOSED AO (ADJUDICATING OFFICER)
2021-07-26 · CMP/210726/0008162
Apartment not handed over as per promised date — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2021-07-26 · CMP/210726/0008164
Possession & Delay Compensation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-07-26 · CMP/210726/0008165
Request for compensation for delay in delivery of apartment — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2021-07-04 · CMP/210704/0008092
Compensation for delay in apartment completion — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2021-06-30 · CMP/210630/0008069
Complaint Under Section 18 and 19 of the Real Estate (Regulation and Development) Act, 2017 — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)

Showing the latest 25 of 46.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171014/000345 (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/171014/000345 (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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