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

Ramky Fortuna

Ramky Estates · Whitefield (Hoodi / Varthur Road) · Kurudusonnehaalli & Kodigehalli, K.R Puram

Promoter entityIthaca Estates Private Limited
Entity type · PANCompany · AADCI1447B
Developer brandRamky Estates · #103 in Bengaluru by RERA registrations
RERA registrationsRegistration: TOR/PRM/KA/RERA/1251/446/PR/250915/000308
Planning authorityBDA - Bangalore Development Authority
Sanctioned plannot filed
Escrow bankHDFC, Richmond Road
Land19.67 acres
Court cases declared1
Complaints at K-RERA0 on this project · 144 on the promoter
Record fetchedSep 2026
1 red flags2 to watch3 positive

Automated from the Karnataka RERA file TOR/PRM/KA/RERA/1251/446/PR/250915/000308 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 TOR/PRM/KA/RERA/1251/446/PR/250915/000308 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.

1 red2 watch3 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints5.5/10
1 court case declared in filings (−1.5); an injunction/stay is recorded (−2)
Money to finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹1.65 cr, withdrew ₹1.84 cr
Developer strength5/10
no public credit rating for the promoter

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

Registration
TOR/PRM/KA/RERA/1251/446/PR/250915/000308 · Ithaca Estates Private Limited
On original date
RegisteredAug 2014TodaySep 2026Original completionDec 2030
Construction36%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked735 / 1739
1004 still available
Sold vs built42% vs 36%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹0Withdrawn ₹0Q3 2025-260.0 L0.0 LCollected ₹27.0 LWithdrawn ₹0Q4 2025-2627.0 L0.0 LCollected ₹1.65 CrWithdrawn ₹1.84 CrQ1 2026-271.65 Cr1.84 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Foundation footing work
    0%
  • Retaining wall
    0%
  • Sub-structure flooring
    0%
  • RCC or MS Framed structure
    0%
  • Masonry construction: Bricks, Concrete blo
    0%
  • Plastering inside , outside & Ceiling
    0%
1 court case declaredNo complaintsEscrow: HDFC
Credit ratings of the people behind it

No public credit rating located for the promoter.

Ithaca Estates Private Limited: no public rating located

Complaints & disputes on record
On this project00 open
On the promoter entity144all projects
Court cases declared1no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2030-12-31

36% built, 42% booked

36% built per the latest filing; 735/1739 homes booked

No complaints on this project

No RERA complaints on this project; 144 on the promoter overall

1 court case declared

1 court case declared in RERA filings (no stay recorded)

The record, in pictures

RERA file · Registration

Registered project cost ₹764 cr — where it goes
Land ₹12.7 cr · 2%Construction & on-site ₹751.6 cr · 98%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
2015201620172018201920202021202220232024202520262027202820292030Earth work and other leveling preparat100%Foundation footing work100%Retaining wall100%Sub-structure flooring55%Earth work and other leveling preparat60%Foundation footing work0%Retaining wall0%Sub-structure flooring0%RCC or MS Framed structure98%Masonry construction: Bricks, Concrete17%Plastering inside , outside & Ceiling8%Joinery: Doors, Windows, Ventilators e48%Basic work of Water supply, Sanitary a63%Dadoing, Skirting, Flooring, Tiles wor65%Railing and Grill fixing76%RCC or MS Framed structure0%Masonry construction: Bricks, Concrete0%Plastering inside , outside & Ceiling0%Joinery: Doors, Windows, Ventilators e0%Basic work of Water supply, Sanitary a0%Dadoing, Skirting, Flooring, Tiles wor0%Railing and Grill fixing0%Electrification, Water supply and Sani46%Fire prevention and fire fighting fitt56%Weather Proof work81%Painting40%Elevation work45%Internal and External work including l0%Electrification, Water supply and Sani0%Fire prevention and fire fighting fitt0%Weather Proof work0%Painting0%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.
NCLT 389 and 314/2019 · NCLT · STAYBorrowing declared: not statedEscrow at HDFCOwners’ association: not formed

Red flags to resolve in writing

1
Legal

1 court case declared in RERA filings (389 and 314/2019); check for stays and title impact.

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 — 2030-12-31 — and what is the per-month delay compensation?
  4. What do the declared cases (389 and 314/2019) concern and is any stay in force?
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line1 sections · 10 items

RERA file · Registration

Registration
TOR/PRM/KA/RERA/1251/446/PR/250915/000308 · promoter Ithaca Estates Private Limited (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2014-08-25 · original completion 2030-12-31 · no extensions
Progress
36% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 735 of 1739 homes booked (1004 available)
Registered cost
Total ₹764 cr · land ₹12.73 cr · construction ₹752 cr
RERA bank account
HDFC, Richmond Road (70% construction account)
Land & towers
19.67 acres (79,621 sq m) · Tower 1 113 homes, 19 floors; Tower 2 113 homes, 19 floors; Tower 3 113 homes, 19 floors; Tower 4 75 homes, 19 floors; Tower 5 113 homes, 19 floors; Tower 6 113 homes, 19 floors; Tower 7 75 homes, 19 floors; Tower 8 75 homes, 19 floors; Tower 9 113 homes, 19 floors; Tower 10 113 homes, 19 floors; Tower 11 113 homes, 19 floors; Tower 12 (Phase II) 89 homes, 14 floors; Tower 13 (Phase II) 89 homes, 14 floors; Tower 14 (Phase II) 89 homes, 14 floors; Tower 15 (Phase II) 89 homes, 14 floors; Tower 16 (Phase II) 89 homes, 14 floors; Tower 17 (Phase II) 55 homes, 13 floors; Tower 18 (Phase II) 55 homes, 13 floors; Tower 19 (Phase II) 55 homes, 13 floors
Litigation declared
NCLT 389 and 314/2019, NCLT — injunction/stay recorded
K-RERA complaints
0 on this registration (0 open) · 144 on the promoter entity across all its projects
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record TOR/PRM/KA/RERA/1251/446/PR/250915/000308, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record TOR/PRM/KA/RERA/1251/446/PR/250915/000308 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records TOR/PRM/KA/RERA/1251/446/PR/250915/000308 (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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