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

Sattva SimpliCity

Sattva (Salarpuria) · Mysore Road / RR Nagar / Kengeri · SY. NO. 25/1,41/1(NEW SY. NO. 41/9 ) & 41/7, KATHA NO. 3878/25/1/41/1/41/7 , PATTANAGERE & MYLASANDRA VILLAGE, HEMMIGEPURA, WARD NO 198, KENGERI HOBLI

Promoter entitySattva Resi Private Limited
Entity type · PANCompany · ABICS4269F
Developer brandSattva (Salarpuria) · #9 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/030325/007540
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned planBBMP/Addl.Dir/JDSOUTH/0025/24-25 · 2025-02-12
Escrow bankFEDERAL BANK OF INDIA, St. Marks Road
Land3.99 acres · 4 land owners on record
Court cases declared0
Complaints at K-RERA0 on this project · 2 on the promoter
Record fetchedSep 2026
0 red flags1 to watch7 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/030325/007540 and 1 quarterly filing. 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/030325/007540 and 1 quarterly filing. 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 red1 watch7 positive
Delivery timeline8/10
delivered on the original registration
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹4.48 cr, withdrew ₹3.03 cr
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/1251/310/PR/030325/007540 · Sattva Resi Private Limited
Delivered
RegisteredJan 2024Original completionDec 2025TodaySep 2026
Money through the RERA account
Collected ₹4.48 CrWithdrawn ₹3.03 CrQ3 2025-264.48 Cr3.03 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Fire prevention and fire fighting fitting
    43%
  • Internal and External work including lands
    50%
  • Electrification, Water supply and Sanitary
    51%
  • Painting
    68%
  • Joinery: Doors, Windows, Ventilators etc
    80%
  • Dadoing, Skirting, Flooring, Tiles work
    85%
No litigation declaredNo complaintsEscrow: FEDERAL BANK OF INDIAJoint-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 project00 open
On the promoter entity2all projects
Court cases declared0no stay recorded
At a glance
Delivered

Delivered. RERA registration ran 2024-01-01 → 2025-12-31

No complaints on this project

No RERA complaints on this project; 2 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹138 cr — where it goes
Approvals ₹1.4 cr · 1%Construction & on-site ₹77.7 cr · 56%Other / taxes ₹59.2 cr · 43%
No litigation declaredBorrowing declared: NoEscrow at FEDERAL BANK OF INDIA4 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
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. Provide the occupancy certificate, khata and title chain for the unit.
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  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 line1 sections · 13 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/030325/007540 · promoter Sattva Resi Private Limited (Company) · U45309KA2022PTC160813
Dates
Start 2024-01-01 · original completion 2025-12-31 · no extensions
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹138 cr · construction ₹77.68 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
FEDERAL BANK OF INDIA, St. Marks Road (70% construction account)
Plan sanction
BBMP/Addl.Dir/JDSOUTH/0025/24-25 dated 2025-02-12 · BBMP - Bruhat Bengaluru Mahanagara Palike
Land & towers
3.99 acres (16,139 sq m) · Block 1 188 homes, 4 floors; Block 2 174 homes, 4 floors; Block 3A 133 homes, 4 floors; Block 3B 55 homes, 4 floors; Block 4 69 homes, 4 floors; Block 5 49 homes, 4 floors; Block 6 79 homes, 4 floors; Block 7 68 homes, 4 floors
Land owners / co-promoters
GVT RESI PRIVATE LIMITED (23.5%, Sy 25/1); GVT RESI PRIVATE LIMITED (23.5%, Sy 41/7); GVT RESI PRIVATE LIMITED (23.5%, Sy 41/9); Studio - Type 1 (19%, Sy 481)
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 2 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/1251/310/PR/030325/007540, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/310/PR/030325/007540 (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/030325/007540 (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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