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

Serene at Brigade Cornerstone Utopia

Brigade Group · Sarjapur Road (Carmelaram / Dommasandra) · Survey nos: 228/2, 229/4, 229/5 and 230/4 in Gunjur Village, Varthur Hobli

Promoter entityMysore Projects Private Limited
Entity type · PANCompany · AAGCM7611Q
Developer brandBrigade Group · #3 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/181122/002176
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankICICI Bank, Commissariat Branch
Land13.16 acres
Court cases declared0
Complaints at K-RERA11 on this project · 21 on the promoter
Record fetchedSep 2026
2 red flags2 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/181122/002176. 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/1251/446/PR/181122/002176. 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.

2 red2 watch4 positive
Delivery timeline8/10
delivered; the registration was extended 1× before completion
Legal & complaints6/10
11 RERA complaints on the project (−3); 1 still open
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength9/10
ICRA AA/Stable (Brigade Enterprises Ltd)

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

Registration
PRM/KA/RERA/1251/446/PR/181122/002176 · Mysore Projects Private Limited
Delivered
RegisteredOct 2018Original completionJun 2023Covid ext.Mar 2024TodaySep 2026
No litigation declared11 complaints · 1 openEscrow: ICICI Bank
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA AA / Stable ▲ · Brigade Enterprises Ltd · Jul 2025
Complaints & disputes on record
On this project111 open
On the promoter entity21all projects
Court cases declared0no stay recorded
What complainants raise
  • To handover the 46% of Share as agreed as per the Joint Development Agreement and memorand
  • CONSTRUCTION OF SHADES (ILLEGAL STRUCTURE) FOR 6TH FLOOR OPEN BALCONIES AS PER THE REQUEST
  • ILLEGAL CONSTRUCTION OF SHADE STRUCTURE FOR 6TH FLOOROWNERS HAVING OPEN BALCONY AND EVIDEN
  • ILLEGAL CONSTRUCTION OF SHADE STRUCTURE FOR 6TH FLOOROWNERS HAVING OPEN BALCONY AND EVIDEN
At a glance
Delivered

Delivered. RERA registration ran 2018-10-17 → 2024-03-30 after 1 extension (original 2023-06-30)

11 RERA complaints, 1 open

11 RERA complaints on this project (1 open); 21 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹656 cr — where it goes
Land ₹95.7 cr · 15%Construction & on-site ₹560 cr · 85%
No litigation declaredBorrowing declared: not statedEscrow at ICICI Bank

Complaint log (K-RERA) · 11 on this project

  • Apr 2025To handover the 46% of Share as agreed as per the Joint Development Agreement and memorandum of Agreementopen
  • Oct 2024CONSTRUCTION OF SHADES (ILLEGAL STRUCTURE) FOR 6TH FLOOR OPEN BALCONIES AS PER THE REQUEST OF 6TH FLOOR OWNERSdisposed
  • Oct 2024ILLEGAL CONSTRUCTION OF SHADE STRUCTURE FOR 6TH FLOOROWNERS HAVING OPEN BALCONY AND EVIDENCED CORRUPTION BYBRIdisposed
  • Oct 2024ILLEGAL CONSTRUCTION OF SHADE STRUCTURE FOR 6TH FLOOROWNERS HAVING OPEN BALCONY AND EVIDENCED CORRUPTION BYBRIdisposed
  • Oct 2024ILLEGAL CONSTRUCTION OF SHADE STRUCTURE FOR 6TH FLOOR OWNERS HAVING OPEN BALCONY AND EVIDENCED CORRUPTION BY Bdisposed
  • Apr 2024Builder has not been able to fulfil the sale agreementdisposed
  • Feb 2024Wrong Parking Allocationdisposed
  • Mar 2021Exploitation and Extraction of Money in the name of Open ended - One sided Agreementdisposed
  • Aug 2019Promoter has forefeited entire booking amount on cancellationdisposed
  • May 2019Refund for cancellation of booking flat no. A-703 at Brigade Cornerstone Utopia, Whitefielddisposed
  • Apr 2019GST charged at 12% .Govt benefit of 5% GST not given to customer .Allotment letter not given till date howeverdisposed
Complaints by status
Open / under enquiry
1
Disposed (Authority)
7
Disposed (adjudicating officer)
3

Red flags to resolve in writing

1
Timeline

11 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. 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. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line2 sections · 19 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/181122/002176 · promoter Mysore Projects Private Limited (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2018-10-17 · original completion 2023-06-30 · 1 extension: Covid Extension → 2024-03-30
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹656 cr · land ₹95.72 cr · construction ₹560 cr
RERA bank account
ICICI Bank, Commissariat Branch (70% construction account)
Land & towers
13.16 acres (53,237 sq m) · A 160 homes, 26 floors; B 124 homes, 26 floors; C 154 homes, 26 floors; D 160 homes, 26 floors; E 144 homes, 26 floors; F 160 homes, 26 floors; G 124 homes, 26 floors; H 106 homes, 26 floors
Litigation declared
None declared in filings
K-RERA complaints
11 on this registration (1 open) · 21 on the promoter entity across all its projects

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/181122/002176, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 11 on this project

2025-04-21 · 00649/2025
To handover the 46% of Share as agreed as per the Joint Development Agreement and memorandum of Agreement — UNDER PROCESS AUTHORITY BENCH6
2024-10-23 · 01053/2024
CONSTRUCTION OF SHADES (ILLEGAL STRUCTURE) FOR 6TH FLOOR OPEN BALCONIES AS PER THE REQUEST OF 6TH FLOOR OWNERS — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-10-22 · 01043/2024
ILLEGAL CONSTRUCTION OF SHADE STRUCTURE FOR 6TH FLOOROWNERS HAVING OPEN BALCONY AND EVIDENCED CORRUPTION BYBRIGADE — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-10-22 · 01045/2024
ILLEGAL CONSTRUCTION OF SHADE STRUCTURE FOR 6TH FLOOROWNERS HAVING OPEN BALCONY AND EVIDENCED CORRUPTION BYBRIGADE — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-10-21 · 01039/2024
ILLEGAL CONSTRUCTION OF SHADE STRUCTURE FOR 6TH FLOOR OWNERS HAVING OPEN BALCONY AND EVIDENCED CORRUPTION BY BRIGADE — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-04-15 · 00387/2024
Builder has not been able to fulfil the sale agreement — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-02-26 · 00227/2024
Wrong Parking Allocation — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2021-03-18 · CMP/210318/0007795
Exploitation and Extraction of Money in the name of Open ended - One sided Agreement — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2019-08-10 · CMP/190810/0003856
Promoter has forefeited entire booking amount on cancellation — DISPOSED AO (ADJUDICATING OFFICER)
2019-05-27 · CMP/190527/0003162
Refund for cancellation of booking flat no. A-703 at Brigade Cornerstone Utopia, Whitefield — DISPOSED AO (ADJUDICATING OFFICER)
2019-04-27 · CMP/190427/0002796
GST charged at 12% .Govt benefit of 5% GST not given to customer .Allotment letter not given till date however 10% booking amount is collect on Feb 22. — DISPOSED AO (ADJUDICATING OFFICER)

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/1251/446/PR/181122/002176 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/446/PR/181122/002176 (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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