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

Sattva Vasanta Skye

Sattva (Salarpuria) · Devanahalli / Airport Road / Bagalur · KHATHA NO 4/112-6/128-34/113-45/90/P154-16/123-14/123 @ SY NO. 90(P), 112, 113(P), 123, 128(P), 130, 161 OF KANNAMANGALA VILLAGE , KASABA HOBLI, DEVANAHALLI TALUK

Promoter entitySattva Resi Private Limited
Entity type · PANCompany · ABICS4269F
Developer brandSattva (Salarpuria) · #9 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1250/303/PR/080525/007730
Planning authorityBIAPPA - Bangalore Airport Area Planning Authority
Sanctioned planBIAAPA/TP/CC/527/2024-25/143 · 2025-04-25
Escrow bankICICI Bank, MG Road
Land15.82 acres · 6 land owners on record
Court cases declared4
Complaints at K-RERA0 on this project · 2 on the promoter
Record fetchedSep 2026
0 red flags3 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1250/303/PR/080525/007730 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/1250/303/PR/080525/007730 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 red3 watch4 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints3.5/10
4 court cases declared in filings (−4.5); land litigation declared “Yes” on a registration (−1)
Money to finish7/10
finance cost is 2% of the registered budget; last quarter: collected ₹20.86 cr, withdrew ₹14.98 cr; only 26% 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/1250/303/PR/080525/007730 · Sattva Resi Private Limited
On original date
RegisteredMay 2025TodaySep 2026Original completionMay 2031
Construction14%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Homes booked283 / 1077
794 still available
Sold vs built26% vs 14%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹17.90 CrWithdrawn ₹12.43 CrQ3 2025-2617.90 Cr12.43 CrCollected ₹22.26 CrWithdrawn ₹15.51 CrQ4 2025-2622.26 Cr15.51 CrCollected ₹20.86 CrWithdrawn ₹14.98 CrQ1 2026-2720.86 Cr14.98 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Upto Plinth Level
    0%
  • Sub-structure flooring
    0%
  • Joinery: Doors, Windows, Ventilators etc
    0%
  • Dadoing, Skirting, Flooring, Tiles work
    0%
  • Railing and Grill fixing
    0%
  • Electrification, Water supply and Sanitary
    0%
4 court cases declaredNo complaintsNBFC finance 2% of budgetEscrow: 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 project00 open
On the promoter entity2all projects
Court cases declared4no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2031-05-06

14% built, 26% booked

14% built per the latest filing; 283/1077 homes booked

No complaints on this project

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

4 court cases declared

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

The record, in pictures

RERA file · Registration

Registered project cost ₹807 cr — where it goes
Approvals ₹2 cr · 0%Construction & on-site ₹709.8 cr · 88%Finance (NBFC) ₹15.8 cr · 2%Other / taxes ₹79.4 cr · 10%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
202620272028202920302031Earth work and other leveling preparat93%Foundation footing work65%Upto Plinth Level0%Sub-structure flooring0%Retaining wall55%RCC or MS Framed structure8%Masonry Construction8%Plastering inside , outside & Ceiling1%Joinery: Doors, Windows, Ventilators e0%Basic work of Water supply, Sanitary a1%Dadoing, Skirting, Flooring, Tiles wor0%Railing and Grill fixing0%Electrification, Water supply and Sani0%Painting0%Fire prevention and fire fighting fitt0%Weather Proof work1%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.
WP 33054-56/2016 · Hon'ble High Court of Karnataka · no stayOS OS No. 1035/2007/2007 · III Addl. Senior Civil Judge and JMFC, Devanahalli · no stayWP 33054/2016/2016 · Hon'ble High Court of Karnataka · no stayOS 1035/2007/2007 · III Addl. Senior Civil Judge and JMFC, Devanahalli · no stayBorrowing declared: NoEscrow at ICICI Bank6 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

4 court cases declared in RERA filings (33054-56/2016, OS No. 1035/2007/2007); check for stays and title impact.

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 — 2031-05-06 — and what is the per-month delay compensation?
  4. What do the declared cases (33054-56/2016, OS No. 1035/2007/2007, 33054/2016/2016, 1035/2007/2007) concern and is any stay in force?
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line1 sections · 13 items

RERA file · Registration

Registration
PRM/KA/RERA/1250/303/PR/080525/007730 · promoter Sattva Resi Private Limited (Company) · U45309KA2022PTC160813
Dates
Start 2025-05-01 · original completion 2031-05-06 · no extensions
Progress
14% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 283 of 1077 homes booked (794 available)
Registered cost
Total ₹807 cr · construction ₹710 cr · NBFC principal+interest ₹15.75 cr (2%)
Borrowing / mortgage declared
Borrowing: No
RERA bank account
ICICI Bank, MG Road (70% construction account)
Plan sanction
BIAAPA/TP/CC/527/2024-25/143 dated 2025-04-25 · BIAPPA - Bangalore Airport Area Planning Authority
Land & towers
15.82 acres (64,041 sq m) · BLOCK A (WING 1) 56 homes, 13 floors; BLOCK -A (WING 2) 56 homes, 13 floors; BLOCK A (WING 3) 56 homes, 13 floors; BLOCK A (WING 4) 56 homes, 13 floors; BLOCK A (WING 5) 70 homes, 13 floors; BLOCK A (WING 6) 56 homes, 13 floors; BLOCK A (WING 7) 56 homes, 13 floors; BLOCK A (WING 8) 56 homes, 13 floors; BLOCK B (WING 9) 60 homes, 14 floors; BLOCK B (WING 10) 60 homes, 14 floors; BLOCK B (WING 11) 60 homes, 14 floors; BLOCK B (WING 12) 75 homes, 14 floors; BLOCK B (WING 13) 60 homes, 14 floors; BLOCK C (WING 14) 60 homes, 14 floors; BLOCK C (WING 15) 120 homes, 14 floors; BLOCK C (WING 16) 120 homes, 14 floors
Land owners / co-promoters
Sattva Resi Private Limited (100.0%, Sy 123); Sattva Resi Private Limited (100.0%, Sy 113 (old Sy.No.90)); Sattva Resi Private Limited (100.0%, Sy 112); Sattva Resi Private Limited (100.0%, Sy 161); Sattva Resi Private Limited (100.0%, Sy 130); Sattva Resi Private Limited (100.0%, Sy 154 (Survey No.90/P1))
Litigation declared
WP 33054-56/2016, Hon'ble High Court of Karnataka — no stay; OS OS No. 1035/2007/2007, III Addl. Senior Civil Judge and JMFC, Devanahalli — no stay; WP 33054/2016/2016, Hon'ble High Court of Karnataka — no stay; OS 1035/2007/2007, III Addl. Senior Civil Judge and JMFC, Devanahalli — no stay
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/1250/303/PR/080525/007730, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1250/303/PR/080525/007730 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1250/303/PR/080525/007730 (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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