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

Sattva City

Sattva (Salarpuria) · Devanahalli / Airport Road / Bagalur · Survey Nos 4/2, 4/3, 5/2, 45 and 67 (Part) of Meenukunte Village and Survey Nos 167, 169/1, 169/2, 172/1, 172/2, 172/3, 176/1, , 176/2, 177, 178/1, 178/2, 179, 180, 181/2, 185, and 43/16 of Doddajala Village, Jala Hobli, Bangalore North Taluk (Additional), Bangalore-Hyderabad Road, Bangalore Urban District

Promoter entitySATTVA CITY PRIVATE LIMITED
Entity type · PANCompany · AAHCN8826H
Developer brandSattva (Salarpuria) · #9 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/472/PR/270226/008494
Planning authorityBIAPPA - Bangalore Airport Area Planning Authority
Sanctioned planBIAAPA/TP/CC/496/2025-26/3248 · 2026-02-24
Escrow bankICICI Bank, M G Road
Land46.83 acres · 20 land owners on record
Court cases declared7
Complaints at K-RERA1 on this project · 1 on the promoter
Record fetchedSep 2026
0 red flags6 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/472/PR/270226/008494 and 2 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 PRM/KA/RERA/1251/472/PR/270226/008494 and 2 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.

0 red6 watch2 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints3/10
6 court cases declared in filings (−4.5); land litigation declared “Yes” on a registration (−1); 1 RERA complaint on the project (−0.5); 1 still open
Money to finish7/10
finance cost is 2% of the registered budget; last quarter: collected ₹57.14 cr, withdrew ₹41.66 cr; only 14% of homes booked (−1)
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/1251/472/PR/270226/008494 · SATTVA CITY PRIVATE LIMITED
On original date
RegisteredMar 2026TodaySep 2026Original completionFeb 2032
Construction4%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked344 / 2411
2067 still available
Sold vs built14% vs 4%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹23.27 CrWithdrawn ₹16.47 CrQ4 2025-2623.27 Cr16.47 CrCollected ₹57.14 CrWithdrawn ₹41.66 CrQ1 2026-2757.14 Cr41.66 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Upto Plinth Level
    0%
  • Sub-structure flooring
    0%
  • RCC or MS Framed structure
    0%
  • Masonry Construction
    0%
  • Plastering inside , outside & Ceiling
    0%
  • Joinery: Doors, Windows, Ventilators etc
    0%
6 court cases declared1 complaints · 1 openEscrow: ICICI BankJoint-development land
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeCRISIL A / Stable · Sattva group entities · Mar 2025
Complaints & disputes on record
On this project11 open
On the promoter entity1all projects
Court cases declared6no stay recorded
What complainants raise
  • Claim for 100% refund of booking advance with zero deductions under Section 18 due to unvi
At a glance
On its original RERA date

On its original RERA completion date: 2032-02-28

4% built, 14% booked

4% built per the latest filing; 344/2411 homes booked

1 RERA complaints, 1 open

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

6 court cases declared

6 court cases declared in RERA filings (no stay recorded)

The record, in pictures

RERA file · Registration

Registered project cost ₹3029 cr — where it goes
Approvals ₹61.5 cr · 2%Construction & on-site ₹2,045 cr · 68%Finance (bank) ₹47.9 cr · 2%Other / taxes ₹874.8 cr · 29%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
202720282029203020312032Earth work and other leveling preparat86%Foundation footing work30%Upto Plinth Level0%Sub-structure flooring0%Retaining wall18%RCC or MS Framed structure0%Masonry Construction0%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 Sani0%Painting0%Fire prevention and fire fighting fitt0%Weather Proof work0%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.
Civil RFA No. 1986 / 2024/2024 · High Court of Karnataka at Bengaluru · no stayCivil OS No. 533/2023/2023 · Senior Civil Judge and JMFC, Devanahalli · no stayCivil OS No. 340/2023/2023 · III Addl. Senior Civil Judge and JMFC, Devanahalli · no stayCivil RA No. 15046/2024/2024 · V. Addl. District and Sessions Judge Court, Devanahalli · no stayCivil WA No. 2007/2025/2025 · Karnataka Appellate Tribunal · no stayCivil RFA No.718/2025/2025 · High Court of Karnataka at Bengaluru · no stayBorrowing declared: NoEscrow at ICICI Bank20 recorded land-owner sharesOwners’ association: not formed

Complaint log (K-RERA) · 1 on this project

  • Aug 2026Claim for 100% refund of booking advance with zero deductions under Section 18 due to unviable project layout open
Complaints by status
Open / under enquiry
1

Red flags to resolve in writing

1
Legal

7 court cases declared in RERA filings (RFA No. 1986 / 2024/2024, OS No. 533/2023/2023); check for stays and title impact.

2
Legal

Joint-development land: confirm which units fall in the owners’ share.

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 — 2032-02-28 — and what is the per-month delay compensation?
  4. What do the declared cases (RFA No. 1986 / 2024/2024, OS No. 533/2023/2023, OS No. 340/2023/2023, RA No. 15046/2024/2024, WA No. 2007/2025/2025, WA No. 2007/2025/2025, RFA No.718/2025/2025) concern and is any stay in force?
  5. What is the land owners’ share of built area and is the unit in the developer’s share?
Full record: every filed number, line by line2 sections · 14 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/472/PR/270226/008494 · promoter SATTVA CITY PRIVATE LIMITED (Company) · U70109KA2021PTC153459
Dates
Start 2026-03-01 · original completion 2032-02-28 · no extensions
Progress
4% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 344 of 2411 homes booked (2067 available)
Registered cost
Total ₹3029 cr · construction ₹2044 cr · bank principal+interest ₹47.92 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
ICICI Bank, M G Road (70% construction account)
Plan sanction
BIAAPA/TP/CC/496/2025-26/3248 dated 2026-02-24 · BIAPPA - Bangalore Airport Area Planning Authority
Land & towers
46.83 acres (1,89,513 sq m) · Block 1-Wing A 80 homes, 21 floors; Block 1-Wing B 82 homes, 21 floors; Block 2 Wing A 80 homes, 21 floors; Block 2-Wing B 82 homes, 21 floors; Block 3-Wing A 83 homes, 21 floors; Block 3-Wing B 81 homes, 21 floors; Block 4-Wing A 81 homes, 21 floors; Block 4-Wing B 73 homes, 21 floors; Block 5-Wing A 96 homes, 16 floors; Block 5-Wing B 95 homes, 16 floors; Block 6-Wing A 64 homes, 16 floors; Block 6-Wing B 63 homes, 16 floors; Block 7-Wing A 64 homes, 16 floors; Block 7-Wing B 65 homes, 16 floors; Block 8-Wing A 91 homes, 16 floors; Block 8-Wing C 90 homes, 16 floors; BLOCK 9 Wing A 64 homes, 16 floors; Block 9-Wing B 63 homes, 16 floors; Block 10-Wing A 63 homes, 16 floors; Block 10-Wing B 63 homes, 16 floors; Block 11-Wing A 113 homes, 19 floors; Block 11-Wing B 76 homes, 19 floors; Block 11-Wing C 75 homes, 19 floors; Block 11-Wing E 75 homes, 19 floors; Block 11-Wing F 76 homes, 19 floors; Block 11-Wing G 114 homes, 19 floors; Block 11-Wing H 95 homes, 19 floors; Block 12-Wing A 115 homes, 19 floors; Block 12-Wing B 114 homes, 19 floors; Block 12-Wing C 114 homes, 19 floors; Block 4-Wing C 1 homes, 2 floors
Land owners / co-promoters
The Hamlet (25.0%, Sy 4/2); The Hamlet (25.0%, Sy 45); The Hamlet (25.0%, Sy 4/3); The Hamlet (25.0%, Sy 67); The Hamlet (25.0%, Sy 167); The Hamlet (25.0%, Sy 169/1); The Hamlet (25.0%, Sy 169/2); The Hamlet (25.0%, Sy 172/1) +12 more
Litigation declared
Civil RFA No. 1986 / 2024/2024, High Court of Karnataka at Bengaluru — no stay; Civil OS No. 533/2023/2023, Senior Civil Judge and JMFC, Devanahalli — no stay; Civil OS No. 340/2023/2023, III Addl. Senior Civil Judge and JMFC, Devanahalli — no stay; Civil RA No. 15046/2024/2024, V. Addl. District and Sessions Judge Court, Devanahalli — no stay; Civil WA No. 2007/2025/2025, Karnataka Appellate Tribunal — no stay; Civil RFA No.718/2025/2025, High Court of Karnataka at Bengaluru — no stay
K-RERA complaints
1 on this registration (1 open) · 1 on the promoter entity across all its projects
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/472/PR/270226/008494, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 1 on this project

2026-08-03 · 00927/2026
Claim for 100% refund of booking advance with zero deductions under Section 18 due to unviable project layout constraints. — UNDER PROCESS AUTHORITY BENCH6

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/270226/008494 (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/270226/008494 (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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