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

Sattva Springs

Sattva (Salarpuria) · Kanakapura Road / Talaghattapura / Banashankari 6th · Sajjepalya village, Opposite Sumanahalli Flyover, Off Magadi Road, Cauvery Nagar, Vijayanagar, Bengaluru

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/240724/006948
Planning authorityLocal Planing Authority
Sanctioned plan76/2023-24/479 · 2024-06-14
Escrow bankFEDERAL BANK OF INDIA, St. Marks Road Branch, Bangalore
Land5.58 acres · 3 land owners on record
Court cases declared0
Complaints at K-RERA0 on this project · 2 on the promoter
Record fetchedSep 2026
0 red flags0 to watch6 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/240724/006948 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 PRM/KA/RERA/1251/310/PR/240724/006948 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.

0 red0 watch6 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
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 ₹12.20 cr, withdrew ₹8.26 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/240724/006948 · Sattva Resi Private Limited
On original date
RegisteredApr 2024TodaySep 2026Original completionSep 2027
Construction36%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked26 / 66
40 still available
Sold vs built39% vs 36%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹8.98 CrWithdrawn ₹6.70 CrQ3 2025-268.98 Cr6.70 CrCollected ₹15.89 CrWithdrawn ₹11.12 CrQ4 2025-2615.89 Cr11.12 CrCollected ₹12.20 CrWithdrawn ₹8.26 CrQ1 2026-2712.20 Cr8.26 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Dadoing, Skirting, Flooring, Tiles work
    0%
  • Railing and Grill fixing
    0%
  • Electrification, Water supply and Sanitary
    0%
  • Painting
    0%
  • Elevation work
    0%
  • Internal and External work including lands
    0%
No litigation declaredNo complaintsEscrow: FEDERAL BANK OF INDIA
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
On its original RERA date

On its original RERA completion date: 2027-09-18

36% built, 39% booked

36% built per the latest filing; 26/66 homes booked

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 ₹240 cr — where it goes
Approvals ₹2.2 cr · 1%Construction & on-site ₹144.2 cr · 60%Other / taxes ₹93.2 cr · 39%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
202520262027Earth work and other leveling preparat88%Foundation footing work87%Upto Plinth Level78%Sub-structure flooring3%Retaining wall85%RCC or MS Framed structure58%Masonry Construction43%Plastering inside , outside & Ceiling31%Joinery: Doors, Windows, Ventilators e6%Basic work of Water supply, Sanitary a33%Dadoing, Skirting, Flooring, Tiles wor0%Railing and Grill fixing0%Electrification, Water supply and Sani0%Painting0%Weather Proof work16%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.
No litigation declaredBorrowing declared: NoEscrow at FEDERAL BANK OF INDIA3 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. Which date is contractual — 2027-09-18 — and what is the per-month delay compensation?
  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/240724/006948 · promoter Sattva Resi Private Limited (Company) · U45309KA2022PTC160813
Dates
Start 2024-04-01 · original completion 2027-09-18 · no extensions
Progress
36% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 26 of 66 homes booked (40 available)
Registered cost
Total ₹240 cr · construction ₹144 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
FEDERAL BANK OF INDIA, St. Marks Road Branch, Bangalore (70% construction account)
Plan sanction
76/2023-24/479 dated 2024-06-14 · Local Planing Authority
Land & towers
5.58 acres (22,566 sq m) · Block 2 9 homes, 1 floors; Block 3 12 homes, 1 floors; Block 4 15 homes, 1 floors; Block 5 12 homes, 1 floors; Block 6 18 homes, 1 floors
Land owners / co-promoters
M/s. Bhavani Enterprises (30.0%, Sy 182/1); M/s. Bhavani Enterprises (30.0%, Sy 182/2); M/s. Bhavani Enterprises (30.0%, Sy 182/2)
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/240724/006948, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/310/PR/240724/006948 (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/240724/006948 (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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