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

Prestige Lake Ridge Phase 2

Prestige · Kanakapura Road / Talaghattapura / Banashankari 6th · KHATHA NO.2139.NO 115/2, 116,117 OF UTTARAHALLI HOBLI, UTTARAHALLI VILLAGE,WARD NO 184, , BANGALORE SOUTH

Promoter entityPRESTIGE ESTATES PROJECTS LIMITED
Entity type · PANCompany · AABCP8096K
Developer brandPrestige · #2 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/170916/000336
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankINDIAN OVERSEAS BANK, LCB, GANDHINAGAR, BANGALORE
Land15.13 acres
Court cases declared0
Complaints at K-RERA1 on this project · 76 on the promoter
Record fetchedSep 2026
0 red flags3 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/170916/000336. 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/170916/000336. 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 timeline8/10
delivered; the registration was extended 1× before completion
Legal & complaints8.5/10
1 RERA complaint on the project (−0.5)
Money to finish8/10
finance cost is 0% of the registered budget
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/1251/310/PR/170916/000336 · PRESTIGE ESTATES PROJECTS LIMITED
Delivered
RegisteredJun 2018Original completionMar 2022Covid ext.Dec 2022TodaySep 2026
No litigation declared1 complaintsEscrow: INDIAN OVERSEAS BANK
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 project1– open
On the promoter entity76all projects
Court cases declared0no stay recorded
At a glance
Delivered

Delivered. RERA registration ran 2018-06-10 → 2022-12-31 after 1 extension (original 2022-03-31)

1 RERA complaints

1 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 ₹288 cr — where it goes
Land ₹75.6 cr · 26%Construction & on-site ₹212.3 cr · 74%
No litigation declaredBorrowing declared: not statedEscrow at INDIAN OVERSEAS BANK

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 · 8 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/170916/000336 · promoter PRESTIGE ESTATES PROJECTS LIMITED (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2018-06-10 · original completion 2022-03-31 · 1 extension: Covid Extension → 2022-12-31
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹288 cr · land ₹75.56 cr · construction ₹212 cr
RERA bank account
INDIAN OVERSEAS BANK, LCB, GANDHINAGAR, BANGALORE (70% construction account)
Land & towers
15.13 acres (61,223 sq m) · Building 1 (Tower 1, 2 & 3) 321 homes, 17 floors; Building 2 (Tower 5, 6 & 7) 213 homes, 17 floors
Litigation declared
None declared in filings
K-RERA complaints
1 on this registration · 76 on the promoter entity across all its projects

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/170916/000336, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/310/PR/170916/000336 (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/170916/000336 (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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