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PropertyLensBengaluru · invest

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

Provident Deansgate Phase 2

Puravankara · Devanahalli / Airport Road / Bagalur · Kachanayakanahalli Jigani Anekal Taluk Bengaluru

Promoter entityPuravankara Limited

Entity type · PANCompany · AAACP2550R

Developer brandPuravankara · #8 in Bengaluru by RERA registrations

RERA registrationsRegistration: PRM/KA/RERA/1250/303/PR/170325/007590

Planning authorityBIAPPA - Bangalore Airport Area Planning Authority

Sanctioned planBIAPPA/TP/CC/335/2024-25 · 2025-02-01

Escrow bankAxis Bank, Corporate Branch Bangalore

Land7.39 acres · 5 land owners on record

Court cases declared0

Complaints at K-RERA0 on this project · 110 on the promoter

Record fetchedSep 2026

0 red flags2 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1250/303/PR/170325/007590 and 2 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/1250/303/PR/170325/007590 and 2 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 & complaints8/10

land litigation declared “Yes” on a registration (−1)

Money to finish8/10

finance cost is 0% of the registered budget; last quarter: collected ₹24.62 cr, withdrew ₹17.02 cr

Developer strength7.6/10

ICRA A-/Stable (Puravankara Ltd)

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

Registration

PRM/KA/RERA/1250/303/PR/170325/007590 · Puravankara Limited

On original date

Construction24%

quarterly filing Q4 2025-26 (submitted 2026-07-20)

Homes booked84 / 141

57 still available

Sold vs built60% vs 24%

Buyers are well ahead of construction: most money is in, delivery risk sits with the developer.

Money through the RERA account

Collected from buyersWithdrawn for construction

Latest milestones

Railing and Grill fixing
0%
Electrification, Water supply and Sanitary
0%
Painting
0%
Weather Proof work
0%
Elevation work
0%
Internal and External work including lands
0%

No litigation declaredNo complaintsEscrow: Axis BankJoint-development land

Credit ratings of the people behind it

Complaints & disputes on record

On this project0– open

On the promoter entity110all projects

Court cases declared0no stay recorded

At a glance

On its original RERA date

On its original RERA completion date: 2028-03-31

24% built, 60% booked

24% built per the latest filing; 84/141 homes booked

No complaints on this project

No RERA complaints on this project; 110 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹204 cr — where it goes

Approvals ₹5.8 cr · 3%Construction & on-site ₹152.8 cr · 75%Other / taxes ₹45 cr · 22%

Construction programme as filed (quarterly filing Q4 2025-26 (submitted 2026-07-20))

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 Bank5 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

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 — 2028-03-31 — and what is the per-month delay compensation?
Confirm there is no litigation on the land or approvals beyond the RERA declaration.
Is the land freehold with the developer, and is any part mortgaged?

Full record: every filed number, line by line1 sections · 13 items

RERA file · Registration

Registration

PRM/KA/RERA/1250/303/PR/170325/007590 · promoter Puravankara Limited (Company) · L45200KA1986PLC051571

Dates

Start 2025-04-01 · original completion 2028-03-31 · no extensions

Progress

24% complete per quarterly filing Q4 2025-26 (submitted 2026-07-20) · 84 of 141 homes booked (57 available)

Registered cost

Total ₹204 cr · construction ₹153 cr

Borrowing / mortgage declared

Borrowing: No

RERA bank account

Axis Bank, Corporate Branch Bangalore (70% construction account)

Plan sanction

BIAPPA/TP/CC/335/2024-25 dated 2025-02-01 · BIAPPA - Bangalore Airport Area Planning Authority

Land & towers

7.39 acres (29,925 sq m) · Provident Deansgate Phase 2 141 homes, 2 floors

Land owners / co-promoters

Puravankara Ltd (100.0%, Sy 43/3); Puravankara Ltd (100.0%, Sy 37/2); Puravankara Ltd (100.0%, Sy 37/4 (Old Sy No 37/1)); Puravankara Ltd (100.0%, Sy 36/4(Old SY No 36/3)); Puravankara Ltd (100.0%, Sy 36/1)

Litigation declared

None declared in filings

K-RERA complaints

0 on this registration · 110 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/1250/303/PR/170325/007590, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources

Karnataka RERA project record PRM/KA/RERA/1250/303/PR/170325/007590 (registration file, quarterly updates, complaint register), fetched 2026-09-15
PropertyLens locality model (market-level estimates)
Karnataka RERA project records PRM/KA/RERA/1250/303/PR/170325/007590 (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.