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

SHRIRAM SOUTHERN CREST - Phase -2

Shriram Properties · Jayanagar / Basavanagudi / Banashankari · Sy. Nos. 39, 40, 41 & 42/3A 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/200310/003331
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankYES BANK, Kasturba Road, Bangalore
Land3.72 acres
Court cases declared0
Complaints at K-RERA3 on this project · 20 on the promoter
Record fetchedSep 2026
0 red flags3 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/200310/003331 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/1251/310/PR/200310/003331 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 timeline8/10
delivered; the registration was extended 2× before completion
Legal & complaints7.5/10
3 RERA complaints on the project (−1.5)
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/1251/310/PR/200310/003331 · SHRIPROP PROJECTS PRIVATE LIMITED
Delivered
RegisteredJan 2020Original completionJan 2025Covid ext.Oct 2025TodaySep 2026Section 6 ext.Oct 2026
Money through the RERA account
Collected ₹0Withdrawn ₹0Q3 2025-260.0 L0.0 LCollected ₹0Withdrawn ₹0Q4 2025-260.0 L0.0 LCollected ₹0Withdrawn ₹0Q1 2026-270.0 L0.0 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Earth work and other leveling preparation
    100%
  • Foundation footing work
    100%
  • Retaining wall
    100%
  • Plinth level Beam
    100%
  • Sub-structure flooring
    100%
  • RCC or MS Framed structure
    100%
No litigation declared3 complaints · 0 openEscrow: YES BANK
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeCRISIL A- / Stable · Shriram Properties Ltd · Apr 2025
Complaints & disputes on record
On this project30 open
On the promoter entity20all projects
Court cases declared0no stay recorded
What complainants raise
  • Compensation for delay of 2 years six months in giving possession of the said flat no. A -
  • Refund of the booking amount with compensation
  • paid 1 Lakh Rs for blocking the unit only.not signed any agreement with the company
At a glance
Delivered

Delivered. RERA registration ran 2020-01-22 → 2026-10-21 after 2 extensions (original 2025-01-21)

3 RERA complaints, 0 open

3 RERA complaints on this project (0 open); 20 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹50.15 cr — where it goes
Land ₹10.9 cr · 22%Construction & on-site ₹39.2 cr · 78%
No litigation declaredBorrowing declared: not statedEscrow at YES BANKOwners’ association: not formed

Complaint log (K-RERA) · 3 on this project

  • Apr 2025Compensation for delay of 2 years six months in giving possession of the said flat no. A - 1401 as per clause disposed
  • Jan 2024Refund of the booking amount with compensationdisposed
  • Nov 2022paid 1 Lakh Rs for blocking the unit only.not signed any agreement with the companydisposed
Complaints by status
Disposed (Authority)
3

Red flags to resolve in writing

1
Timeline

Registration extended 2 times: original completion 2025-01-21, now 2026-10-21.

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 · 13 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/200310/003331 · promoter SHRIPROP PROJECTS PRIVATE LIMITED (Company) · EX/PRM/KA/RERA/1251/310/PR/260422/003331
Dates
Start 2020-01-22 · original completion 2025-01-21 · 2 extensions: Covid Extension → 2025-10-21, Section 6 Extension → 2026-10-21
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹50.15 cr · land ₹10.94 cr · construction ₹39.21 cr
RERA bank account
YES BANK, Kasturba Road, Bangalore (70% construction account)
Land & towers
3.72 acres (15,074 sq m) · Tower A 8 homes, 18 floors; Tower B 8 homes, 18 floors; Tower C 8 homes, 18 floors; Tower D 51 homes, 17 floors
Litigation declared
None declared in filings
K-RERA complaints
3 on this registration (0 open) · 20 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/1251/310/PR/200310/003331, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 3 on this project

2025-04-03 · 00578/2025
Compensation for delay of 2 years six months in giving possession of the said flat no. A - 1401 as per clause 6 of the Construction Agreement — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2024-01-29 · 00125/2024
Refund of the booking amount with compensation — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-11-12 · CMP/221112/0010254
paid 1 Lakh Rs for blocking the unit only.not signed any agreement with the company — DISPOSED AUTHORITY BENCH6 (AUTHORITY)

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/200310/003331 (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/200310/003331 (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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