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

Prestige Pine Forest

Prestige · Whitefield (Hoodi / Varthur Road) · BUILDING ON KATHA NO. 142, MUNCIPAL NO. 120, SY NO. 62/2, 61/2, 63/2, 62/1, 61/3, 62/3, 61/1, , PATTANDURAGRAHARA VILLAGE, K R PURAM, WARD NO. 83, BENGALURU EAST TALUK, BENGALURU

Promoter entityPRESTIGE ESTATES PROJECTS LTD
Entity type · PANCompany · AABCP8096K
Developer brandPrestige · #2 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/190924/007048
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned planBBMP/Addl.Dir/JDNORTH/0029/24-25 · 2024-07-19
Escrow bankAxis Bank, M G Road
Land8.34 acres · 18 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 watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/190924/007048 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/190924/007048 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 watch5 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 finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹18.82 cr, withdrew ₹22.00 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/1251/446/PR/190924/007048 · PRESTIGE ESTATES PROJECTS LTD
On original date
RegisteredOct 2024TodaySep 2026Original completionDec 2028
Construction31%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked191 / 316
125 still available
Sold vs built60% vs 31%
Buyers are well ahead of construction: most money is in, delivery risk sits with the developer.
Money through the RERA account
Collected ₹18.07 CrWithdrawn ₹33.15 CrQ3 2025-2618.07 Cr33.15 CrCollected ₹63.19 CrWithdrawn ₹61.70 CrQ4 2025-2663.19 Cr61.70 CrCollected ₹18.82 CrWithdrawn ₹22.00 CrQ1 2026-2718.82 Cr22.00 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Masonry Construction
    0%
  • Plastering inside , outside & Ceiling
    0%
  • Joinery: Doors, Windows, Ventilators etc
    0%
  • Dadoing, Skirting, Flooring, Tiles work
    0%
  • Railing and Grill fixing
    0%
  • Electrification, Water supply and Sanitary
    0%
No litigation declaredNo complaintsEscrow: Axis 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 entity76all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2028-12-31

31% built, 60% booked

31% built per the latest filing; 191/316 homes booked

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 ₹952 cr — where it goes
Land ₹0 cr · 0%Approvals ₹13.2 cr · 1%Construction & on-site ₹503 cr · 53%Other / taxes ₹435.9 cr · 46%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
2025202620272028Earth work and other leveling preparat98%Foundation footing work93%Upto Plinth Level90%Sub-structure flooring35%Retaining wall55%RCC or MS Framed structure9%Masonry Construction0%Plastering inside , outside & Ceiling0%Joinery: Doors, Windows, Ventilators e0%Basic work of Water supply, Sanitary a3%Dadoing, Skirting, Flooring, Tiles wor0%Railing and Grill fixing0%Electrification, Water supply and Sani0%Painting0%Fire prevention and fire fighting fitt0%Weather Proof work0%Elevation work0%Internal and External work including l3%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
No litigation declaredBorrowing declared: NoEscrow at Axis Bank18 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

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

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 — 2028-12-31 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. 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/190924/007048 · promoter PRESTIGE ESTATES PROJECTS LTD (Company) · U07010KA1997PLC022322
Dates
Start 2024-10-01 · original completion 2028-12-31 · no extensions
Progress
31% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 191 of 316 homes booked (125 available)
Registered cost
Total ₹952 cr · land ₹0.00 cr · construction ₹503 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
Axis Bank, M G Road (70% construction account)
Plan sanction
BBMP/Addl.Dir/JDNORTH/0029/24-25 dated 2024-07-19 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
8.34 acres (33,766 sq m) · Tower - 1 61 homes, 15 floors; Tower - 2 126 homes, 15 floors; Tower - 3 63 homes, 15 floors; Tower - 4 66 homes, 16 floors
Land owners / co-promoters
Sunil Jorgen Gowda (40.0%, Sy 61/1); Naveen Preben Gowda (40.0%, Sy 61/1); Stella Subbiah (40.0%, Sy 61/2); Sunil Jorgen Gowda (40.0%, Sy 61/2); Naveen Preben Gowda (40.0%, Sy 61/2); Stella Subbiah (40.0%, Sy 61/3); Sunil Jorgen Gowda (40.0%, Sy 61/3); Naveen Preben Gowda (40.0%, Sy 61/3) +10 more
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 76 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/190924/007048, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/190924/007048 (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/190924/007048 (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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