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

Provident Neora

Provident · Yelahanka / Jakkur / Airport corridor · Sy.No.3 Sampigehalli Village, Yelahanka Hobli

Promoter entityProvident Housing Limited
Entity type · PANCompany · AAECP8877D
Developer brandProvident · #26 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/472/PR/180808/001982
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankICICI Bank, M G ROAD
Land2.03 acres
Court cases declared0
Complaints at K-RERA15 on this project · 32 on the promoter
Record fetchedSep 2026
4 red flags0 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/472/PR/180808/001982. 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/1251/472/PR/180808/001982. 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.

4 red0 watch2 positive
Delivery timeline3/10
2 extensions on the registration (−4); a registration completion date has already passed (−2)
Legal & complaints6/10
15 RERA complaints on the project (−3)
Money to finish8/10
finance cost is 0% of the registered budget
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/1251/472/PR/180808/001982 · Provident Housing Limited
Past RERA date
RegisteredAug 2018Original completionDec 2021Covid ext.Sep 2022Section 6 ext.Sep 2023TodaySep 2026
No litigation declared15 complaints · 0 openEscrow: ICICI Bank
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 project150 open
On the promoter entity32all projects
Court cases declared0no stay recorded
What complainants raise
  • Interest for the period of delay in the possession of the flat.
  • Interest on Delayed period against the flat possession
  • INTEREST ON DELAYED PERIOD AGAINST THE FLAT POSSEISSION
  • Interest on Delayed period against the flat possession
At a glance
Registration extended 2×

Registration extended 2× — from 2021-12-31 to 2023-09-30 (already passed)

15 RERA complaints, 0 open

15 RERA complaints on this project (0 open); 32 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹90.63 cr — where it goes
Land ₹20.3 cr · 22%Construction & on-site ₹70.3 cr · 78%
No litigation declaredBorrowing declared: not statedEscrow at ICICI Bank

Complaint log (K-RERA) · 15 on this project

  • Sep 2024Interest for the period of delay in the possession of the flat.disposed
  • Apr 2024Interest on Delayed period against the flat possessiondisposed
  • Feb 2024INTEREST ON DELAYED PERIOD AGAINST THE FLAT POSSEISSIONdisposed
  • Feb 2024Interest on Delayed period against the flat possessiondisposed
  • Feb 2024INTEREST ON DELAYED PERIOD AGAINST THE FLAT POSSEISSIONdisposed
  • Dec 2023Rera extension date expired 30-09-2023disposed
  • Dec 2023Delay in possession of flat due to builder's failure to secure the occupancy certificatedisposed
  • Nov 2023Delay in Adherence of Flat Handover date & RERA Certificate expireddisposed
  • Sep 2023Possession delayed by Builder by 20 months. Require compensationdisposed
  • Aug 2023Delay in handing over of apartment, OC and withholding/suppressing of information regarding, the project lies disposed
  • Aug 2023Since the Project delivery has been delayed, i am looking for the compensationdisposed
  • Aug 2023Need Compensationdisposed
Complaints by status
Disposed (Authority)
15

Red flags to resolve in writing

1
Timeline

Registration extended 2 times: original completion 2021-12-31, now 2023-09-30.

2
Timeline

RERA completion date 2023-09-30 has passed without a completion application.

3
Timeline

15 K-RERA complaints on this registration.

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 — 2023-09-30 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line2 sections · 23 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/472/PR/180808/001982 · promoter Provident Housing Limited (Company) · EX/PRM/KA/RERA/1251/472/PR/221116/001982
Dates
Start 2018-08-31 · original completion 2021-12-31 · 2 extensions: Covid Extension → 2022-09-30, Section 6 Extension → 2023-09-30 · current date has passed
Registered cost
Total ₹90.63 cr · land ₹20.29 cr · construction ₹70.34 cr
RERA bank account
ICICI Bank, M G ROAD (70% construction account)
Land & towers
2.03 acres (8,222 sq m) · Wing A 72 homes, 9 floors; Wing B 72 homes, 9 floors; Wing C 51 homes, 9 floors; Wing D 54 homes, 9 floors
Litigation declared
None declared in filings
K-RERA complaints
15 on this registration (0 open) · 32 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/472/PR/180808/001982, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 15 on this project

2024-09-10 · 00853/2024
Interest for the period of delay in the possession of the flat. — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-04-06 · 00359/2024
Interest on Delayed period against the flat possession — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-02-22 · 00214/2024
INTEREST ON DELAYED PERIOD AGAINST THE FLAT POSSEISSION — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-02-05 · 00164/2024
Interest on Delayed period against the flat possession — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-02-05 · 00165/2024
INTEREST ON DELAYED PERIOD AGAINST THE FLAT POSSEISSION — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2023-12-28 · 01881/2023
Rera extension date expired 30-09-2023 — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-12-16 · 01845/2023
Delay in possession of flat due to builder's failure to secure the occupancy certificate — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-11-09 · 01687/2023
Delay in Adherence of Flat Handover date & RERA Certificate expired — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-09-27 · 01503/2023
Possession delayed by Builder by 20 months. Require compensation — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-08-25 · 01294/2023
Delay in handing over of apartment, OC and withholding/suppressing of information regarding, the project lies in Jakkur Aero drome fly zone. — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-08-16 · 01246/2023
Since the Project delivery has been delayed, i am looking for the compensation — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-08-05 · 01223/2023
Need Compensation — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-08-04 · 01216/2023
The delivery was commited on Dec 2021 but still no sign of delivery even on August 2023 — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-07-08 · 01070/2023
Delay of Possession data — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2021-12-30 · CMP/211230/0008757
Builder is forfeiting more than 1% of Agreement value — DISPOSED AUTHORITY BENCH5 (AUTHORITY)

Complaint subjects are as filed by complainants; a disposed complaint may have been decided either way.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/472/PR/180808/001982 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/472/PR/180808/001982 (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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