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

Prestige King's County

Prestige · Electronic City / Hosur Road / Bommasandra · Layout Plan of Sy. Nos. 250/4, 251/4,249/3, 251/8, 249/4, 251/9, 543, 249/2, 525, 526, 528, and other Sy Nos, of Jigani Village as per the Layout Plan , Sy Nos. 60/1, 60/2, 61/2, 62/1, 232P, 233P, 234P, 59/2 P, 59/3, 60/2 P, 61/1 ,61/3,63/3, 62/2 P OF RAJAPURA VILLAGE

Promoter entityPRESTIGE ACRES PRIVATE LIMITED
Entity type · PANCompany · AAMCP4135C
Developer brandPrestige · #2 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/290624/006936
Planning authorityLocal Planing Authority
Sanctioned planLAO/158/22-23 · 2024-05-04
Escrow bankKOTAK MAHINDRA BANK, Lavelle Road
Landarea not filed · 14 land owners on record
Court cases declared0
Complaints at K-RERA0 on this project · 0 on the promoter
Record fetchedSep 2026
0 red flags3 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/290624/006936 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/1251/308/PR/290624/006936 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 red3 watch4 positive
Delivery timeline7/10
1 extension on the registration (−2)
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 10% of the registered budget; last quarter: collected ₹5.39 cr, withdrew ₹1.91 cr
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/1251/308/PR/290624/006936 · PRESTIGE ACRES PRIVATE LIMITED
1 extension
RegisteredJul 2024Original completionJan 2026TodaySep 2026Section 6 ext.Oct 2026
Construction80%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Money through the RERA account
Collected ₹67.67 CrWithdrawn ₹91.91 CrQ3 2025-2667.67 Cr91.91 CrCollected ₹12.15 CrWithdrawn ₹105.15 CrQ4 2025-2612.15 Cr105.15 CrCollected ₹5.39 CrWithdrawn ₹1.91 CrQ1 2026-275.39 Cr1.91 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Power Supply Work
    80%
  • Solid Waste Management and Disposal
    80%
  • Tree Plantation And LandScape Work
    80%
  • Street Lighting
    80%
  • Sewage Treatment Plant
    90%
  • Other Miscellaneous Work
    90%
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 project00 open
On the promoter entity0all projects
Court cases declared0no stay recorded
At a glance
Registration extended 1×

Registration extended 1× — from 2026-01-31 to 2026-10-31

80% built, NaN% booked

80% built per the latest filing; 0/0 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 ₹531 cr — where it goes
Land ₹0 cr · 0%Approvals ₹7.6 cr · 1%Construction & on-site ₹323.8 cr · 61%Finance (bank) ₹52.5 cr · 10%Other / taxes ₹147.5 cr · 28%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
20252026Ground Clearance/Formation Of Plots100%Formation Of Road, Footpath98%Construction Of Water Supply Infrastuc95%Construction Of Sewage System Infrastu95%Power Supply Work80%Construction Of Storm Water Drainage95%Solid Waste Management and Disposal80%Tree Plantation And LandScape Work80%Street Lighting80%Sewage Treatment Plant90%Other Miscellaneous Work90%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
No litigation declaredBorrowing declared: YesEscrow at KOTAK MAHINDRA BANK14 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. Which date is contractual — 2026-10-31 — 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 · 12 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/290624/006936 · promoter PRESTIGE ACRES PRIVATE LIMITED (Company) · U45400KA2021PTC153545
Dates
Start 2024-07-01 · original completion 2026-01-31 · 1 extension: Section 6 Extension → 2026-10-31
Progress
80% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 0 of 0 homes booked (0 available)
Registered cost
Total ₹531 cr · land ₹0.00 cr · construction ₹324 cr · bank principal+interest ₹52.50 cr
Borrowing / mortgage declared
Borrowing: Yes
RERA bank account
KOTAK MAHINDRA BANK, Lavelle Road (70% construction account)
Plan sanction
LAO/158/22-23 dated 2024-05-04 · Local Planing Authority
Land owners / co-promoters
Prestige Acres Private Limited (0.0%, Sy 60/2); Prestige Acres Private Limited (0.0%, Sy 61/2); Prestige Acres Private Limited (0.0%, Sy 62/1); Prestige Acres Private Limited (0.0%, Sy 148); Prestige Acres Private Limited (0.0%, Sy 232(P)); Prestige Acres Private Limited (0.0%, Sy 233(P)); Prestige Acres Private Limited (0.0%, Sy 234(P)); Prestige Acres Private Limited (0.0%, Sy 249/2) +6 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
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/308/PR/290624/006936, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/290624/006936 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/308/PR/290624/006936 (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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