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

Shravanthi Oakridge

Shravanthi · Kanakapura Road / Talaghattapura / Banashankari 6th · Sy No: 70/1 & 70/2, Thalaghattapura Village, Uttarahalli Hobli

Promoter entitySHRAVANTHI SHELTERS
Entity type · PANPartnership Firm · AAUFS0739A
Developer brandShravanthi · #74 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/171123/000581
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankKarur Vysya Bank Ltd., BTM Layout 1st Stage
Land3.98 acres
Court cases declared0
Complaints at K-RERA2 on this project · 3 on the promoter
Record fetchedSep 2026
1 red flags4 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/171123/000581. 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/171123/000581. 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.

1 red4 watch3 positive
Delivery timeline7/10
a registration completion date has already passed (−2)
Legal & complaints8/10
2 RERA complaints on the project (−1); 2 still open
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength5/10
no public credit rating for the promoter

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

Registration
PRM/KA/RERA/1251/310/PR/171123/000581 · SHRAVANTHI SHELTERS
Past RERA date
RegisteredFeb 2014Original completionDec 2018TodaySep 2026
Construction85%
registration-time status
Collected (at registration)₹17.32 Cr
Spent₹43.60 Cr
Balance with promoter₹0
Delay declaredNo
No litigation declared2 complaints · 2 openEscrow: Karur Vysya Bank Ltd.
Credit ratings of the people behind it

No public credit rating located for the promoter.

SHRAVANTHI SHELTERS: no public rating located

Complaints & disputes on record
On this project22 open
On the promoter entity3all projects
Court cases declared0no stay recorded
What complainants raise
  • The complainant has already paid the BWSSB deposit to the Promoter. However, the Associati
  • The complainant has already paid the BWSSB deposit to the Promoter. However, the Associati
At a glance
On its original RERA date

On its original RERA completion date: 2018-12-31

85% built

85% built per the latest filing

2 RERA complaints, 2 open

2 RERA complaints on this project (2 open); 3 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹114 cr — where it goes
Land ₹55.2 cr · 49%Construction & on-site ₹58.6 cr · 51%
No litigation declaredBorrowing declared: not statedEscrow at Karur Vysya Bank Ltd.

Complaint log (K-RERA) · 2 on this project

  • Sep 2026The complainant has already paid the BWSSB deposit to the Promoter. However, the Association is now demanding open
  • Aug 2026The complainant has already paid the BWSSB deposit to the Promoter. However, the Association is now demanding open
Complaints by status
Open / under enquiry
2

Red flags to resolve in writing

1
Timeline

RERA completion date 2018-12-31 has passed without a completion application.

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 — 2018-12-31 — and what is the per-month delay compensation?
  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 · 12 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/171123/000581 · promoter SHRAVANTHI SHELTERS (Partnership Firm) · Proposed Project End Date at the time of registration :
Dates
Start 2014-02-04 · original completion 2018-12-31 · no extensions · current date has passed
Progress
85% complete per registration-time status
Registered cost
Total ₹114 cr · land ₹55.22 cr · construction ₹58.56 cr
RERA bank account
Karur Vysya Bank Ltd., BTM Layout 1st Stage (70% construction account)
Money at registration
collected ₹17.32 cr · used ₹43.60 cr · balance ₹0.00 cr · delay declared: No
Land & towers
3.98 acres (16,099 sq m) · Block A 77 homes, 9 floors
Litigation declared
None declared in filings
K-RERA complaints
2 on this registration (2 open) · 3 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/171123/000581, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 2 on this project

2026-09-03 · 01097/2026
The complainant has already paid the BWSSB deposit to the Promoter. However, the Association is now demanding the same BWSSB deposit from the complainant again — SCRUTINY COMPLETED
2026-08-27 · 01067/2026
The complainant has already paid the BWSSB deposit to the Promoter. However, the Association is now demanding the same BWSSB deposit from the complainant again. — 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/1251/310/PR/171123/000581 (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/171123/000581 (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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