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

Provident Park Square Phase - 1

Puravankara · Kanakapura Road / Talaghattapura / Banashankari 6th · Sy.Nos.3/3,7,8,9/2A,9/2B1,26/1P, Mallasandra Village Uttarahalli Hobli

Promoter entityPuravankara Limited
Entity type · PANCompany · AAACP2550R
Developer brandPuravankara · #8 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/180217/002476
Planning authorityBDA - Bangalore Development Authority
Sanctioned plannot filed
Escrow bankStandard Chartered Bank, Koramangala
Land7.36 acres
Court cases declared0
Complaints at K-RERA18 on this project · 110 on the promoter
Record fetchedSep 2026
4 red flags1 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/180217/002476. 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/1251/310/PR/180217/002476. 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 red1 watch2 positive
Delivery timeline3/10
2 extensions on the registration (−4); a registration completion date has already passed (−2)
Legal & complaints6/10
18 RERA complaints on the project (−3); 1 still open
Money to finish8/10
finance cost is 0% of the registered budget
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/1251/310/PR/180217/002476 · Puravankara Limited
Past RERA date
RegisteredDec 2017Original completionDec 2021Covid ext.Sep 2022Section 6 ext.Sep 2023TodaySep 2026
No litigation declared18 complaints · 1 openEscrow: Standard Chartered Bank
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A- / Stable · Puravankara Ltd · May 2025
Complaints & disputes on record
On this project181 open
On the promoter entity110all projects
Court cases declared0no stay recorded
What complainants raise
  • Complaint Against provident park square-Non disclosure of E-khata and Delay in registratio
  • Parking space not allocated more than 1 year after registration and handover
  • Project dealy compensation
  • Increase in amount of property after the agreement
At a glance
Registration extended 2×

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

18 RERA complaints, 1 open

18 RERA complaints on this project (1 open); 110 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹244 cr — where it goes
Land ₹32.8 cr · 13%Construction & on-site ₹210.8 cr · 87%
No litigation declaredBorrowing declared: not statedEscrow at Standard Chartered Bank

Complaint log (K-RERA) · 18 on this project

  • Sep 2025Complaint Against provident park square-Non disclosure of E-khata and Delay in registrationdisposed
  • Apr 2024Parking space not allocated more than 1 year after registration and handoverdisposed
  • Sep 2023Project dealy compensationdisposed
  • Aug 2023Increase in amount of property after the agreementdisposed
  • Jun 2023Default by Developeropen
  • Mar 2023Projected not completed within due datedisposed
  • Nov 2022REFUND OF AMOUNT PAID WITH INTEREST UPTO DATEdisposed
  • Oct 2022Flat Booking Fee not refundeddisposed
  • Oct 2021Non refund of my booking amountdisposed
  • Aug 2021Amount not refund yetdisposed
  • Jul 2021Requesting for the extension of the time period to pay the pending amountdisposed
  • Jan 2021Seeking refund of booking amount of Rs 200000disposed
Complaints by status
Disposed (Authority)
11
Open / under enquiry
1
Disposed (adjudicating officer)
6

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

18 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 · 25 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/180217/002476 · promoter Puravankara Limited (Company) · EX/PRM/KA/RERA/1251/310/PR/221221/002476
Dates
Start 2017-12-31 · 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 ₹244 cr · land ₹32.78 cr · construction ₹211 cr
RERA bank account
Standard Chartered Bank, Koramangala (70% construction account)
Land & towers
7.36 acres (29,791 sq m) · B1-1C 119 homes, 14 floors; B1-1D 119 homes, 14 floors; B2-2D 104 homes, 13 floors; B2-2E 104 homes, 13 floors; B3-3E 104 homes, 13 floors; B4-4A 112 homes, 14 floors
Litigation declared
None declared in filings
K-RERA complaints
18 on this registration (1 open) · 110 on the promoter entity across all its projects

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/180217/002476, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 18 on this project

2025-09-22 · 01214/2025
Complaint Against provident park square-Non disclosure of E-khata and Delay in registration — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2024-04-25 · 00412/2024
Parking space not allocated more than 1 year after registration and handover — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2023-09-16 · 01436/2023
Project dealy compensation — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2023-08-09 · 01233/2023
Increase in amount of property after the agreement — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2023-06-28 · 01013/2023
Default by Developer — POSTED FOR ORDERS AUTHORITY BENCH4
2023-03-02 · 00274/2023
Projected not completed within due date — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-11-07 · CMP/221107/0010216
REFUND OF AMOUNT PAID WITH INTEREST UPTO DATE — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2022-10-29 · CMP/221029/0010138
Flat Booking Fee not refunded — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2021-10-20 · CMP/211020/0008454
Non refund of my booking amount — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2021-08-21 · CMP/210821/0008260
Amount not refund yet — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2021-07-13 · CMP/210713/0008117
Requesting for the extension of the time period to pay the pending amount — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-01-12 · CMP/210112/0007439
Seeking refund of booking amount of Rs 200000 — DISPOSED AO (ADJUDICATING OFFICER)
2020-10-29 · CMP/201029/0006976
Refund of booking advance — DISPOSED AO (ADJUDICATING OFFICER)
2020-06-28 · CMP/200628/0006095
Complaint against Provedent Park Square- Puravankara — DISPOSED AO (ADJUDICATING OFFICER)
2020-01-22 · CMP/200122/0005278
booked amount refund of provident park square unit no B4-4A-508 — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2019-08-01 · CMP/190801/0003792
Misguided and Not given what we asked the Flat,during cancelattion bulider deducted :304491. — DISPOSED AO (ADJUDICATING OFFICER)
2019-05-01 · CMP/190501/0002703
Misguided ,Forced to pay 10% and with out SBI approval of Tower -not given Requested Flat — DISPOSED AO (ADJUDICATING OFFICER)
2019-03-21 · CMP/190321/0002481
Refund of 2lac rupees token amount — DISPOSED AO (ADJUDICATING OFFICER)

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/1251/310/PR/180217/002476 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/310/PR/180217/002476 (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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