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PropertyLensBengaluru · invest

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

Shriram Southern Crest

Shriram Properties · Jayanagar / Basavanagudi / Banashankari · Sy. Nos. 39, 40, 41 & 42/3A, Municipal No.243/254/41, 1 to 9/83/93 to 101 of Jaranganahalli Village, Uttarahalli Hobli, Bangalore South Taluk, Bangalore District, Karnataka

Promoter entitySHRIPROP PROJECTS PRIVATE LIMITED

Entity type · PANCompany · AALCS9017K

Developer brandShriram Properties · #7 in Bengaluru by RERA registrations

RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/171014/000364

Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike

Sanctioned plannot filed

Escrow bankYES BANK, Kasturba Road, Bangalore

Land3.72 acres

Court cases declared0

Complaints at K-RERA17 on this project · 20 on the promoter

Record fetchedSep 2026

4 red flags1 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/171014/000364. 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/171014/000364. 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.

4 red1 watch2 positive

Delivery timeline3/10

2 extensions on the registration (−4); a registration completion date has already passed (−2)

Legal & complaints6/10

17 RERA complaints on the project (−3)

Money to finish6/10

finance cost is 0% of the registered budget; registration-time status shows spend above collections (₹-72.62 cr) (−2)

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/1251/310/PR/171014/000364 · SHRIPROP PROJECTS PRIVATE LIMITED

Past RERA date

Construction22%

registration-time status

Collected (at registration)₹23.74 Cr

Spent₹96.36 Cr

Balance with promoter₹-72.62 Cr

Delay declaredNoMODIFICATION OF PLAN, INTRODUCTION OF GST

No litigation declared17 complaintsEscrow: YES BANK

Credit ratings of the people behind it

Complaints & disputes on record

On this project17– open

On the promoter entity20all projects

Court cases declared0no stay recorded

At a glance

Registration extended 2×

Registration extended 2× — from 2021-06-30 to 2023-03-30 (already passed)

22% built

22% built per the latest filing

17 RERA complaints

17 RERA complaints on this project; 20 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹347 cr — where it goes

Land ₹105.4 cr · 30%Construction & on-site ₹241.4 cr · 70%

No litigation declaredBorrowing declared: not statedEscrow at YES BANK

Red flags to resolve in writing

Timeline

Registration extended 2 times: original completion 2021-06-30, now 2023-03-30.

Timeline

RERA completion date 2023-03-30 has passed without a completion application.

Timeline

17 K-RERA complaints on this registration.

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.
Which date is contractual — 2023-03-30 — and what is the per-month delay compensation?
Confirm there is no litigation on the land or approvals beyond the RERA declaration.
Is the land freehold with the developer, and is any part mortgaged?

Full record: every filed number, line by line1 sections · 10 items

RERA file · Registration

Registration

PRM/KA/RERA/1251/310/PR/171014/000364 · promoter SHRIPROP PROJECTS PRIVATE LIMITED (Company) · EX/PRM/KA/RERA/1251/310/PR/220604/000364

Dates

Start 2017-01-14 · original completion 2021-06-30 · 2 extensions: Covid Extension → 2022-03-30, Section 6 Extension → 2023-03-30 · current date has passed

Progress

22% complete per registration-time status

Registered cost

Total ₹347 cr · land ₹105 cr · construction ₹241 cr

RERA bank account

YES BANK, Kasturba Road, Bangalore (70% construction account)

Money at registration

collected ₹23.74 cr · used ₹96.36 cr · balance ₹-72.62 cr · delay declared: No (MODIFICATION OF PLAN, INTRODUCTION OF GST)

Land & towers

3.72 acres (15,073 sq m) · A 140 homes, 17 floors; B 58 homes, 16 floors; C 140 homes, 17 floors

Litigation declared

None declared in filings

K-RERA complaints

17 on this registration · 20 on the promoter entity across all its projects

Completion applied

19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/171014/000364, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources

Karnataka RERA project record PRM/KA/RERA/1251/310/PR/171014/000364 (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/171014/000364 (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.