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

Provident Botanico

Provident · Hoskote / Budigere Cross / Old Madras Road · 257 5 ,257 6 ,257 7 ,257 8 ,257 9 ,257 10 , 257 13 ,257 14 ,257 15, 257 16 ,257 18 ,257 19 ,257 20 ,257 21 ,257 22 ,257 23 , 257 25 , 270,273,274,275,278 SAMETHANAHALLI VILLAGE, ANUGONDANAHALLI HOBLI, HOSKOTE TALUK, BANGALORE

Promoter entityProvident Housing Limited
Entity type · PANCompany · AAECP8877D
Developer brandProvident · #26 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1250/304/PR/210324/006726
Planning authorityLocal Planing Authority
Sanctioned planSTRR/TP/CC/421/2023-24 · 2024-03-07
Escrow bankHDFC, KASTURBA GANDHI MARG
Land17.12 acres · 21 land owners on record
Court cases declared0
Complaints at K-RERA0 on this project · 32 on the promoter
Record fetchedSep 2026
0 red flags2 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1250/304/PR/210324/006726 and 1 quarterly filing. 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/1250/304/PR/210324/006726 and 1 quarterly filing. 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 finish9/10
finance cost is 12% of the registered budget; last quarter: collected ₹116 cr, withdrew ₹79.37 cr; 94% of homes booked (+1)
Developer strength7.6/10
ICRA A-/Stable (Provident Housing)

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

Registration
PRM/KA/RERA/1250/304/PR/210324/006726 · Provident Housing Limited
On original date
RegisteredApr 2024TodaySep 2026Original completionSep 2028
Construction34%
quarterly filing Q3 2025-26 (submitted 2026-03-31)
Homes booked1202 / 1275
73 still available
Sold vs built94% vs 34%
Buyers are well ahead of construction: most money is in, delivery risk sits with the developer.
Money through the RERA account
Collected ₹115.53 CrWithdrawn ₹79.37 CrQ3 2025-26115.53 Cr79.37 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Painting
    0%
  • Fire prevention and fire fighting fitting
    0%
  • Elevation work
    0%
  • Internal and External work including lands
    0%
  • Plastering inside , outside & Ceiling
    10%
  • Joinery: Doors, Windows, Ventilators etc
    10%
No litigation declaredNo complaintsEscrow: HDFCJoint-development land
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A- / Stable · Provident Housing (Puravankara group) · May 2025
Complaints & disputes on record
On this project00 open
On the promoter entity32all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2028-09-30

34% built, 94% booked

34% built per the latest filing; 1202/1275 homes booked

No complaints on this project

No RERA complaints on this project; 32 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹759 cr — where it goes
Approvals ₹3.6 cr · 0%Construction & on-site ₹606.5 cr · 80%Finance (bank) ₹91.6 cr · 12%Other / taxes ₹57.1 cr · 8%
Construction programme as filed (quarterly filing Q3 2025-26 (submitted 2026-03-31))
2025202620272028Earth work and other leveling preparat100%Foundation footing work100%Upto Plinth Level100%Sub-structure flooring100%Retaining wall100%RCC or MS Framed structure53%Masonry Construction53%Plastering inside , outside & Ceiling10%Joinery: Doors, Windows, Ventilators e10%Basic work of Water supply, Sanitary a10%Dadoing, Skirting, Flooring, Tiles wor10%Railing and Grill fixing10%Electrification, Water supply and Sani10%Painting0%Fire prevention and fire fighting fitt0%Elevation work0%Internal and External work including l0%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 HDFC21 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 — 2028-09-30 — 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/1250/304/PR/210324/006726 · promoter Provident Housing Limited (Company) · U45200KA2008PLC048273
Dates
Start 2024-04-01 · original completion 2028-09-30 · no extensions
Progress
34% complete per quarterly filing Q3 2025-26 (submitted 2026-03-31) · 1202 of 1275 homes booked (73 available)
Registered cost
Total ₹759 cr · construction ₹607 cr · bank principal+interest ₹91.58 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
HDFC, KASTURBA GANDHI MARG (70% construction account)
Plan sanction
STRR/TP/CC/421/2023-24 dated 2024-03-07 · Local Planing Authority
Land & towers
17.12 acres (69,302 sq m) · Tower 1 148 homes, 18 floors; Tower 2 148 homes, 18 floors; Tower 3 149 homes, 18 floors; Tower 4 138 homes, 18 floors; Tower 5 128 homes, 18 floors; Tower 6 128 homes, 18 floors; Tower 7 148 homes, 18 floors; Tower 8 144 homes, 24 floors; Tower 9 144 homes, 24 floors
Land owners / co-promoters
Building Solutions And Co (26.0%, Sy 257/6); San Marina Infortech Pvt Ltd (26.0%, Sy 257/7); Building Solutions And Co (26.0%, Sy 257/8); San Marina Infotech Pvt Ltd (26.0%, Sy 257/9); Building Solutions And Co (26.0%, Sy 257/10); Building Solutions And Co (26.0%, Sy 257/13); San Marina Infotech Pvt Ltd (26.0%, Sy 257/14); Building Solutions And Co (26.0%, Sy 257/15) +13 more
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 32 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/1250/304/PR/210324/006726, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1250/304/PR/210324/006726 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1250/304/PR/210324/006726 (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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