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

Salarpuria-Sattva Exotic

Sattva (Salarpuria) · Yelahanka / Jakkur / Airport corridor · Survey No. 171/2 and Survey No.171/3 ,, both situated at Kattigenahalli Village, Jala Hobli.

Promoter entitySALARPURIA REAL ESTATES PRIVATE LIMITED
Entity type · PANCompany · AADCS6495D
Developer brandSattva (Salarpuria) · #9 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/309/PR/190427/002538
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankKOTAK MAHINDRA BANK, MG road
Land4.56 acres
Court cases declared0
Complaints at K-RERA8 on this project · 16 on the promoter
Record fetchedSep 2026
4 red flags1 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/309/PR/190427/002538. 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/1251/309/PR/190427/002538. 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 timeline5/10
1 extension on the registration (−2); a registration completion date has already passed (−2)
Legal & complaints6/10
8 RERA complaints on the project (−3); 1 still open
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength8/10
CRISIL A/Stable (Sattva group entities)

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

Registration
PRM/KA/RERA/1251/309/PR/190427/002538 · SALARPURIA REAL ESTATES PRIVATE LIMITED
Past RERA date
RegisteredNov 2018Original completionNov 2023Covid ext.Aug 2024TodaySep 2026
No litigation declared8 complaints · 1 openEscrow: KOTAK MAHINDRA BANK
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeCRISIL A / Stable · Sattva group entities · Mar 2025
Complaints & disputes on record
On this project81 open
On the promoter entity16all projects
Court cases declared0no stay recorded
What complainants raise
  • Unilateral reduction of carpet area in violation of Section 13(1) of RERA Act
  • Breach of contract by not recalculating of the Flat price as per the Clause 3.9 of the Sal
  • Breach of contract by not recalculating of the Flat price as per the Clause 3.9 of the Sal
  • Non-payment of refund of excess money paid arising due to reduction in the Carpet Area
At a glance
Registration extended 1×

Registration extended 1× — from 2023-11-30 to 2024-08-30 (already passed)

8 RERA complaints, 1 open

8 RERA complaints on this project (1 open); 16 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹147 cr — where it goes
Land ₹56 cr · 38%Construction & on-site ₹91 cr · 62%
No litigation declaredBorrowing declared: not statedEscrow at KOTAK MAHINDRA BANK

Complaint log (K-RERA) · 8 on this project

  • Apr 2026Unilateral reduction of carpet area in violation of Section 13(1) of RERA Actopen
  • Dec 2025Breach of contract by not recalculating of the Flat price as per the Clause 3.9 of the Sale agreement after redisposed
  • Dec 2025Breach of contract by not recalculating of the Flat price as per the Clause 3.9 of the Sale agreement after redisposed
  • Oct 2024Non-payment of refund of excess money paid arising due to reduction in the Carpet Areadisposed
  • Oct 2024Non re-calculation of total price of the Flat after reduction in excess of 3% of the Carpet Area, as per the cdisposed
  • May 2024Deficiency in Carpet Area of Apartment - bearing No. 0704 situated on the seventh floor in the Tower 03 – Carndisposed
  • May 2024Deficiency in Carpet Area of Apartment - bearing No. 0704 situated on the seventh floor in the Tower 03 – Carndisposed
  • Apr 2024Refund - due to delay in possession, active legal case, Non-disbursement from HDFC due todisposed
Complaints by status
Open / under enquiry
1
Disposed (adjudicating officer)
3
Disposed (Authority)
4

Red flags to resolve in writing

1
Timeline

RERA completion date 2024-08-30 has passed without a completion application.

2
Timeline

8 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 — 2024-08-30 — 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 · 16 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/309/PR/190427/002538 · promoter SALARPURIA REAL ESTATES PRIVATE LIMITED (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2018-11-01 · original completion 2023-11-30 · 1 extension: Covid Extension → 2024-08-30 · current date has passed
Registered cost
Total ₹147 cr · land ₹56.00 cr · construction ₹91.00 cr
RERA bank account
KOTAK MAHINDRA BANK, MG road (70% construction account)
Land & towers
4.56 acres (18,469 sq m) · Tower1 110 homes, 13 floors; Tower 2 117 homes, 14 floors; Tower 3 118 homes, 14 floors
Litigation declared
None declared in filings
K-RERA complaints
8 on this registration (1 open) · 16 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/309/PR/190427/002538, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 8 on this project

2026-04-17 · 00409/2026
Unilateral reduction of carpet area in violation of Section 13(1) of RERA Act — UNDER PROCESS AUTHORITY BENCH6
2025-12-10 · 01463/2025
Breach of contract by not recalculating of the Flat price as per the Clause 3.9 of the Sale agreement after reduction in excess of 3% of the Carpet Area; and not refunding the excess paid amount. — DISPOSED AO (ADJUDICATING OFFICER)
2025-12-10 · 01464/2025
Breach of contract by not recalculating of the Flat price as per the Clause 3.9 of the Sale agreement after reduction in excess of 3% of the Carpet Area. — DISPOSED AO (ADJUDICATING OFFICER)
2024-10-21 · 01040/2024
Non-payment of refund of excess money paid arising due to reduction in the Carpet Area — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2024-10-19 · 01030/2024
Non re-calculation of total price of the Flat after reduction in excess of 3% of the Carpet Area, as per the clause 3.9 of the Agreement — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2024-05-28 · 00513/2024
Deficiency in Carpet Area of Apartment - bearing No. 0704 situated on the seventh floor in the Tower 03 – Carnation in the project SALARPURIA-SATTVA EXOTIC. — DISPOSED AO (ADJUDICATING OFFICER)
2024-05-24 · 00472/2024
Deficiency in Carpet Area of Apartment - bearing No. 0704 situated on the seventh floor in the Tower 03 – Carnation in the project SALARPURIA-SATTVA EXOTIC. — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2024-04-02 · 00349/2024
Refund - due to delay in possession, active legal case, Non-disbursement from HDFC due to — 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/1251/309/PR/190427/002538 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/309/PR/190427/002538 (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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