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PropertyLensBengaluru · invest

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

Prestige Park Grove

Prestige · Hoskote / Budigere Cross / Old Madras Road · SY NOS 13/2, 30/1 (p), 30/2, 32, 33/1, 33/2, 33/3, 34/1, 36(P), 38/2, 39/2, 40/1, 40/2, 40/3, 41/1, 41/2, 41/2, 41/3, 42, 43/1, 43/2, 43/3, 44/1A, , 44/1B, 44/2, 44/3, 45/1, 45/2, 46/1A, 46/1B, 46/1C, 46/1D, 46/2, 47/1, 47/2, 47/3, 47/4, 48/1, 48/2, 48/3, 49,50/1 TO 5, 51, 52/1 TO 4 , 53/1, 53/1B, 53/2, 54, 59/1,70/2&3, 70/4, 70/5, 71/1, 71/2,

Promoter entityPRESTIGE PROJECTS PRIVATE LIMITED

Entity type · PANCompany · AAECP7361E

Developer brandPrestige · #2 in Bengaluru by RERA registrations

RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/100823/006141

Planning authorityBDA - Bangalore Development Authority

Sanctioned planBDA/TPM/DLP/05/2022-23/332/2023-24 · 2023-05-11

Escrow bankKOTAK MAHINDRA BANK, lavelle Road Bengaluru

Land71.55 acres · 25 land owners on record

Court cases declared0

Complaints at K-RERA0 on this project · 12 on the promoter

Record fetchedSep 2026

0 red flags1 to watch6 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/100823/006141 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/100823/006141 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 finish9/10

finance cost is 0% of the registered budget; last quarter: collected ₹276 cr, withdrew ₹272 cr; 83% 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/1251/446/PR/100823/006141 · PRESTIGE PROJECTS PRIVATE LIMITED

On original date

Construction58%

quarterly filing Q1 2026-27 (submitted 2026-07-15)

Homes booked3068 / 3715

647 still available

Sold vs built83% vs 58%

Sales and construction are broadly in step.

Money through the RERA account

Collected from buyersWithdrawn for construction

Latest milestones

Internal and External work including lands
0%
Weather Proof work
10%
Elevation work
10%
Painting
20%
Electrification, Water supply and Sanitary
25%
Basic work of Water supply, Sanitary and E
40%

No litigation declaredNo complaintsEscrow: KOTAK MAHINDRA BANKJoint-development land

Credit ratings of the people behind it

Complaints & disputes on record

On this project00 open

On the promoter entity12all projects

Court cases declared0no stay recorded

At a glance

On its original RERA date

On its original RERA completion date: 2027-12-31

58% built, 83% booked

58% built per the latest filing; 3068/3715 homes booked

No complaints on this project

No RERA complaints on this project; 12 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹5969 cr — where it goes

Approvals ₹52.8 cr · 1%Construction & on-site ₹4,023 cr · 67%Other / taxes ₹1,893 cr · 32%

Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))

Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.

No litigation declaredBorrowing declared: NoEscrow at KOTAK MAHINDRA BANK25 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

Legal

Joint-development land: confirm which units fall in the owners’ share.

Questions to put to the developer before you sign

Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
Confirm the price list, floor-rise and other charges for the exact unit.
Which date is contractual — 2027-12-31 — and what is the per-month delay compensation?
Confirm there is no litigation on the land or approvals beyond the RERA declaration.
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/100823/006141 · promoter PRESTIGE PROJECTS PRIVATE LIMITED (Company) · U45201KA2008PTC046784

Dates

Start 2023-10-01 · original completion 2027-12-31 · no extensions

Progress

58% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 3068 of 3715 homes booked (647 available)

Registered cost

Total ₹5969 cr · construction ₹4023 cr

Borrowing / mortgage declared

Borrowing: No

RERA bank account

KOTAK MAHINDRA BANK, lavelle Road Bengaluru (70% construction account)

Plan sanction

BDA/TPM/DLP/05/2022-23/332/2023-24 dated 2023-05-11 · BDA - Bangalore Development Authority

Land & towers

71.55 acres (2,89,573 sq m) · Tower - 1 94 homes, 23 floors; Tower - 2 106 homes, 26 floors; Tower - 3 118 homes, 29 floors; Tower - 4 131 homes, 32 floors; Tower - 5 143 homes, 35 floors; Tower - 6 155 homes, 38 floors; Tower - 7 142 homes, 35 floors; Tower - 8 131 homes, 32 floors; Tower - 9 238 homes, 29 floors; Tower - 10 192 homes, 32 floors; Tower - 11 210 homes, 35 floors; Tower - 12 284 homes, 35 floors; Tower - 13 260 homes, 32 floors; Tower - 14 238 homes, 29 floors; Tower - 15 209 homes, 35 floors; Tower - 16 227 homes, 38 floors; Tower - 17 245 homes, 41 floors; Tower - 18 155 homes, 26 floors; Tower - 19 349 homes, 29 floors; Building 9 to 96 88 homes, 1 floors

Land owners / co-promoters

M/s. Gopalan Enterprises (33.0%, Sy 76); M/s. Gopalan Enterprises (33.0%, Sy 75); M/s. Gopalan Enterprises (33.0%, Sy 73/2); M/s. Gopalan Enterprises (33.0%, Sy 73/1); M/s. Gopalan Enterprises (33.0%, Sy 71/2); M/s. Gopalan Enterprises (33.0%, Sy 71/1); M/s. Gopalan Enterprises (33.0%, Sy 54); M/s. Gopalan Enterprises (33.0%, Sy 49) +17 more

Litigation declared

None declared in filings

K-RERA complaints

0 on this registration (0 open) · 12 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/1251/446/PR/100823/006141, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources

Karnataka RERA project record PRM/KA/RERA/1251/446/PR/100823/006141 (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/100823/006141 (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.