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

Prestige Dew Drops

Prestige · Yelahanka / Jakkur / Airport corridor · Municipal No.1004/54,55, 56/2,4,5,6,56/1,56/3,57/2, Ward No.160, Raja Rajeshwari Nagar, Hosakerehalli, Bangalore

Promoter entityPRESTIGE ESTATES PROJECTS LTD
Entity type · PANCompany · AABCP8096K
Developer brandPrestige · #2 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/472/PR/150323/005797
Planning authorityNelamangala Planning Authority
Sanctioned planDPA/TP/CC/142/2022-23 · 2023-01-19
Escrow bankKOTAK MAHINDRA BANK, LAVELLE ROAD
Land5.42 acres · 4 land owners on record
Court cases declared0
Complaints at K-RERA0 on this project · 76 on the promoter
Record fetchedSep 2026
0 red flags2 to watch6 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/472/PR/150323/005797 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/1251/472/PR/150323/005797 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 red2 watch6 positive
Delivery timeline8/10
delivered on the original registration
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 withdrew ₹10.54 cr against ₹5.32 cr collected (−1); 100% of homes booked (+1)
Developer strength8.3/10
ICRA A+/Stable (Prestige Estates Projects Ltd)

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/472/PR/150323/005797 · PRESTIGE ESTATES PROJECTS LTD
Delivered
RegisteredApr 2023Original completionApr 2026TodaySep 2026
Money through the RERA account
Collected ₹4.83 CrWithdrawn ₹5.86 CrQ3 2025-264.83 Cr5.86 CrCollected ₹5.32 CrWithdrawn ₹10.54 CrQ4 2025-265.32 Cr10.54 CrCollected ₹5.32 CrWithdrawn ₹10.54 CrQ1 2026-275.32 Cr10.54 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Earth work and other leveling preparation
    100%
  • Foundation footing work
    100%
  • Upto Plinth Level
    100%
  • Sub-structure flooring
    100%
  • Retaining wall
    100%
  • RCC or MS Framed structure
    100%
No litigation declaredNo complaintsEscrow: KOTAK MAHINDRA BANKJoint-development land
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A+ / Stable · Prestige Estates Projects Ltd · Sep 2025
Complaints & disputes on record
On this project0– open
On the promoter entity76all projects
Court cases declared0no stay recorded
At a glance
Delivered

Delivered. RERA registration ran 2023-04-15 → 2026-04-14

No complaints on this project

No RERA complaints on this project; 76 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹71.79 cr — where it goes
Approvals ₹1.5 cr · 2%Construction & on-site ₹64.3 cr · 90%Other / taxes ₹6 cr · 8%
No litigation declaredBorrowing declared: NoEscrow at KOTAK MAHINDRA BANK4 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

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 line1 sections · 12 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/472/PR/150323/005797 · promoter PRESTIGE ESTATES PROJECTS LTD (Company) · U07010KA1997PLC022322
Dates
Start 2023-04-15 · original completion 2026-04-14 · no extensions
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹71.79 cr · construction ₹64.31 cr
Borrowing / mortgage declared
Borrowing: No · mortgage: No
RERA bank account
KOTAK MAHINDRA BANK, LAVELLE ROAD (70% construction account)
Plan sanction
DPA/TP/CC/142/2022-23 dated 2023-01-19 · Nelamangala Planning Authority
Land & towers
5.42 acres (21,954 sq m) · Block 2 9 homes, 1 floors; Block 3 4 homes, 1 floors; Block 4 4 homes, 1 floors; Block 5 4 homes, 1 floors; Block 6 4 homes, 1 floors
Land owners / co-promoters
Prestige Estates Projects Limited (100.0%, Sy 53/2); Prestige Estates Projects Limited (100.0%, Sy 53/3); Prestige Estates Projects Limited (100.0%, Sy 53/4); Prestige Estates Projects Limited (100.0%, Sy 53/5)
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration · 76 on the promoter entity across all its projects
Owners’ association
Not yet formed

Source: Karnataka RERA project record PRM/KA/RERA/1251/472/PR/150323/005797, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/472/PR/150323/005797 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/472/PR/150323/005797 (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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