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

Shriram Suvilas Garden Of Joy

Shriram Properties · Yeshwanthpur / Tumkur Road / Nagasandra · 15/2 ROYAL STREET, MYDRAHALLI YESHWANTHAPURA HOBLI BBMP WARD NO 12 BANGALORE 560090

Promoter entitySUVILAS PROPERTIES PRIVATE LIMITED
Entity type · PANCompany · AAQCS8781D
Developer brandShriram Properties · #7 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/309/PR/180227/001096
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankHDFC, SADASHIVANAGAR BANGALORE
Land2 acres
Court cases declared0
Complaints at K-RERA12 on this project · 12 on the promoter
Record fetchedSep 2026
3 red flags0 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/309/PR/180227/001096. 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/180227/001096. 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.

3 red0 watch2 positive
Delivery timeline3/10
2 extensions on the registration (−4); a registration completion date has already passed (−2)
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 0% of the registered budget
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/180227/001096 · SUVILAS PROPERTIES PRIVATE LIMITED
Past RERA date
RegisteredJul 2017Original completionJul 2020Covid ext.Apr 2021Section 6 ext.Jan 2022TodaySep 2026
Construction30%
registration-time status
Collected (at registration)₹12.00 Cr
Spent₹21.00 Cr
Balance with promoter₹0
Delay declaredNo0
No litigation declaredNo complaintsEscrow: HDFC
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeCRISIL A- / Stable · Shriram Properties Ltd · Apr 2025
Complaints & disputes on record
On this project120 open
On the promoter entity12all projects
Court cases declared0no stay recorded
What complainants raise
  • RETURN OF AMOUNT (Rs. 4053630 PLUS OTHER EXPENSES FOR FLAT NO: 01.07.08) ALONG WITH INTERE
  • Project is stalled, Delivery date is expired and No compensation given for the expiry
  • Delivery date expired and project stalled. Project not completed and asking for extension
  • Refund of the amount paid along with Interest for the Apartment Flat booking
At a glance
Registration extended 2×

Registration extended 2× — from 2020-07-01 to 2022-01-01 (already passed)

30% built

30% built per the latest filing

12 RERA complaints, 0 open

12 RERA complaints on this project (0 open); 12 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹60.55 cr — where it goes
Land ₹10.6 cr · 17%Construction & on-site ₹50 cr · 83%
No litigation declaredBorrowing declared: not statedEscrow at HDFC

Complaint log (K-RERA) · 12 on this project

  • Feb 2023RETURN OF AMOUNT (Rs. 4053630 PLUS OTHER EXPENSES FOR FLAT NO: 01.07.08) ALONG WITH INTEREST OR COMPENSATION Adisposed
  • Feb 2023Project is stalled, Delivery date is expired and No compensation given for the expirydisposed
  • Jan 2023Delivery date expired and project stalled. Project not completed and asking for extension without compensationdisposed
  • Jan 2023Refund of the amount paid along with Interest for the Apartment Flat bookingdisposed
  • Nov 2022Project construction Delayed and stalleddisposed
  • Nov 2022Refund of All Amount Paid against FLATdisposed
  • Nov 2022Complaint to claim a full refund and compensation for financial and mental distress imposed on me by the builddisposed
  • Oct 2022Delayed Completion of the Project - Shriram Suvilas Garden of Joy Jalahallidisposed
  • Sep 2022Project not completed and Asking for extension without compensationdisposed
  • Jun 2022Return of full paid amount (Rs. 41,06,340/-) along with interest for Unit 01.02.04 as Builder failed to compledisposed
  • May 2022Delivery date expirydisposed
  • Feb 2022Request for refund for Unit No 02-07-04 Shriram Garden of Joydisposed
Complaints by status
Disposed (Authority)
12

Red flags to resolve in writing

1
Timeline

Registration extended 2 times: original completion 2020-07-01, now 2022-01-01.

2
Timeline

RERA completion date 2022-01-01 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 — 2022-01-01 — 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 · 21 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/309/PR/180227/001096 · promoter SUVILAS PROPERTIES PRIVATE LIMITED (Company) · U70102KA2012PTC062139
Dates
Start 2017-07-01 · original completion 2020-07-01 · 2 extensions: Covid Extension → 2021-04-01, Section 6 Extension → 2022-01-01 · current date has passed
Progress
30% complete per registration-time status
Registered cost
Total ₹60.55 cr · land ₹10.55 cr · construction ₹50.00 cr
RERA bank account
HDFC, SADASHIVANAGAR BANGALORE (70% construction account)
Money at registration
collected ₹12.00 cr · used ₹21.00 cr · balance ₹0.00 cr · delay declared: No (0)
Land & towers
2.00 acres (8,095 sq m) · Block1 76 homes, 10 floors; Block2 76 homes, 9 floors
Litigation declared
None declared in filings
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/309/PR/180227/001096, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 12 on this project

2023-02-02 · 00153/2023
RETURN OF AMOUNT (Rs. 4053630 PLUS OTHER EXPENSES FOR FLAT NO: 01.07.08) ALONG WITH INTEREST OR COMPENSATION AS PER SALE AGREEMENT IN CASE OF DEALY FROM BUILDER/PROMOTER-REG — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2023-02-01 · 00148/2023
Project is stalled, Delivery date is expired and No compensation given for the expiry — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2023-01-19 · 00101/2023
Delivery date expired and project stalled. Project not completed and asking for extension without compensation. Full refund and compensation for financial and mental distress imposed on me by builder. — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2023-01-10 · 00050/2023
Refund of the amount paid along with Interest for the Apartment Flat booking — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-11-25 · CMP/221125/0010404
Project construction Delayed and stalled — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-11-15 · CMP/221115/0010339
Refund of All Amount Paid against FLAT — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-11-02 · CMP/221102/0010156
Complaint to claim a full refund and compensation for financial and mental distress imposed on me by the builder — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-10-29 · CMP/221029/0010151
Delayed Completion of the Project - Shriram Suvilas Garden of Joy Jalahalli — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-09-03 · CMP/220903/0009974
Project not completed and Asking for extension without compensation — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2022-06-23 · CMP/220623/0009670
Return of full paid amount (Rs. 41,06,340/-) along with interest for Unit 01.02.04 as Builder failed to complete the project as per agreed timeline (Oct 2022) — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-05-16 · CMP/220516/0009461
Delivery date expiry — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-02-23 · CMP/220223/0009046
Request for refund for Unit No 02-07-04 Shriram Garden of Joy — DISPOSED AUTHORITY BENCH5 (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/1251/309/PR/180227/001096 (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/180227/001096 (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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