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PropertyLensBengaluru · invest

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

Shriram Hebbal 1

Shriram Properties · Hebbal / Thanisandra / Nagawara · Khata no-67-14-1 and 15-6 Sy-no 14-1 15-6 Hebbal Amanikere Village , Ward no -07 Yelahanka Zone Bengaluru

Promoter entityShriram Upscale Space Private Limited

Entity type · PANCompany · AAYCS0686H

Developer brandShriram Properties · #7 in Bengaluru by RERA registrations

RERA registrationsRegistration: PRM/KA/RERA/1251/309/PR/150223/005722

Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike

Sanctioned planBBMP-ADDL-DIR-JDNORTH-LP-0029-2019-20 · 2022-03-10

Escrow bankBank of Baroda, Mid-corporate Branch

Land1.8 acres · 8 land owners on record

Court cases declared0

Complaints at K-RERA0 on this project · 0 on the promoter

Record fetchedSep 2026

0 red flags1 to watch7 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/309/PR/150223/005722 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/1251/309/PR/150223/005722 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 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 finish9/10

finance cost is 0% of the registered budget; last quarter: collected ₹0.00 cr, withdrew ₹0.00 cr; 100% of homes booked (+1)

Developer strength7.6/10

CRISIL A-/Stable (Shriram Properties Ltd)

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

Registration

PRM/KA/RERA/1251/309/PR/150223/005722 · Shriram Upscale Space Private Limited

Delivered

Money through the RERA account

Collected from buyersWithdrawn for construction

Latest milestones

Earth work and other leveling preparation
100%
Foundation footing work
100%
Upto Plinth Level
100%
Sub-structure flooring
100%
Retaining wall
100%
RCC or MS Framed structure
100%

No litigation declaredNo complaintsEscrow: Bank of BarodaJoint-development land

Credit ratings of the people behind it

Complaints & disputes on record

On this project00 open

On the promoter entity0all projects

Court cases declared0no stay recorded

At a glance

Delivered

Delivered. RERA registration ran 2023-02-06 → 2027-01-19

No complaints on this project

No RERA complaints on this project; 0 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹129 cr — where it goes

Approvals ₹6.9 cr · 5%Construction & on-site ₹118.5 cr · 92%Other / taxes ₹4 cr · 3%

No litigation declaredBorrowing declared: NoEscrow at Bank of Baroda8 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

Legal

Joint-development land: confirm which units fall in the owners’ share.

Questions to put to the developer before you sign

Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
Confirm the price list, floor-rise and other charges for the exact unit.
Provide the occupancy certificate, khata and title chain for the unit.
Confirm there is no litigation on the land or approvals beyond the RERA declaration.
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 · 12 items

RERA file · Registration

Registration

PRM/KA/RERA/1251/309/PR/150223/005722 · promoter Shriram Upscale Space Private Limited (Company) · U45500KA2017PTC099721

Dates

Start 2023-02-06 · original completion 2027-01-19 · no extensions

Status

Completed and occupied (per project status); RERA progress fields below are historical

Registered cost

Total ₹129 cr · construction ₹118 cr

Borrowing / mortgage declared

Borrowing: No · mortgage: No

RERA bank account

Bank of Baroda, Mid-corporate Branch (70% construction account)

Plan sanction

BBMP-ADDL-DIR-JDNORTH-LP-0029-2019-20 dated 2022-03-10 · BBMP - Bruhat Bengaluru Mahanagara Palike

Land & towers

1.80 acres (7,284 sq m) · Commercial Building 9 homes, 8 floors

Land owners / co-promoters

S Narayana Raju (30.0%, Sy 15-6); Commercial Space (1%, Sy 1875); Commercial Space (1%, Sy 590); Commercial Space (7%, Sy 2240); Commercial Space (1%, Sy 2211); TOTAL (10%, Sy 6916); Total No. of Units (9%, Sy No. of Stilts); No. of Basement (2%, Sy Total No. of Parking)

Litigation declared

None declared in filings

K-RERA complaints

0 on this registration (0 open) · 0 on the promoter entity across all its projects

Owners’ association

Not yet formed

Source: Karnataka RERA project record PRM/KA/RERA/1251/309/PR/150223/005722, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources

Karnataka RERA project record PRM/KA/RERA/1251/309/PR/150223/005722 (registration file, quarterly updates, complaint register), fetched 2026-09-15
PropertyLens locality model (market-level estimates)
Karnataka RERA project records PRM/KA/RERA/1251/309/PR/150223/005722 (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.