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

Sai Metro City 7th Phase

Sai Reniit Projects · Sarjapur Road (Carmelaram / Dommasandra) · SY NO 26/6, 33/2,34/2,39/2, 88, 89,90/1 & 95/1 OF CHIKKANAHALLI KAMANAHALLI VILLAGE, SARJAPURA HOBLI, ANEKAL TALUK BANGALORE URBAN DISTRICT, BANGALORE

Promoter entitySAI RENIIT PROJECTS PRIVATE LTD
Entity type · PANCompany · AAECD8717C
Developer brandSai Reniit Projects · #93 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/210907/004295
Planning authorityLocal Planing Authority
Sanctioned plannot filed
Escrow bankAxis Bank, HSR K T BRANCH
Land6.62 acres
Court cases declared0
Complaints at K-RERA0 on this project · 3 on the promoter
Record fetchedSep 2026
1 red flags0 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/210907/004295. 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/1251/308/PR/210907/004295. 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 red0 watch5 positive
Delivery timeline8/10
a registration completion date has already passed (−2); project reported ≥95% complete
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 0% of the registered budget
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
PRM/KA/RERA/1251/308/PR/210907/004295 · SAI RENIIT PROJECTS PRIVATE LTD
Past RERA date
RegisteredSep 2020Original completionDec 2021TodaySep 2026
Construction95%
registration-time status
No litigation declaredNo complaintsEscrow: Axis Bank
Credit ratings of the people behind it

No public credit rating located for the promoter.

SAI RENIIT PROJECTS PRIVATE LTD: no public rating located

Complaints & disputes on record
On this project00 open
On the promoter entity3all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2021-12-31

95% built

95% built per the latest filing

No complaints on this project

No RERA complaints on this project; 3 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹14.19 cr — where it goes
Land ₹8.8 cr · 62%Construction & on-site ₹5.3 cr · 38%
No litigation declaredBorrowing declared: not statedEscrow at Axis Bank

Red flags to resolve in writing

1
Timeline

RERA completion date 2021-12-31 has passed without a completion application.

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 — 2021-12-31 — 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 line1 sections · 8 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/210907/004295 · promoter SAI RENIIT PROJECTS PRIVATE LTD (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2020-09-01 · original completion 2021-12-31 · no extensions · current date has passed
Progress
95% complete per registration-time status
Registered cost
Total ₹14.19 cr · land ₹8.85 cr · construction ₹5.34 cr
RERA bank account
Axis Bank, HSR K T BRANCH (70% construction account)
Land & towers
6.62 acres (26,810 sq m)
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 3 on the promoter entity across all its projects

Source: Karnataka RERA project record PRM/KA/RERA/1251/308/PR/210907/004295, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/210907/004295 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/308/PR/210907/004295 (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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