← Project page Full investment reportChoose “Save as PDF” in the print dialog.

PropertyLensBengaluru · invest

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

Shriram WYT Field

Shriram Properties · Hoskote / Budigere Cross / Old Madras Road · SY.NO. 90/1, 90/2, 90/5, 90/6, 121/1, 121/2, 122/2, 123/2 & 126/1 OF BOMMENAHALLI VILLAGE, BIDRAHALLI HOBLI

Promoter entitySPL TOWERS PRIVATE LIMITED

Entity type · PANCompany · AAXCS5333E

Developer brandShriram Properties · #7 in Bengaluru by RERA registrations

RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/200323/003368

Planning authorityLocal Planing Authority

Sanctioned plannot filed

Escrow bankINDUSIND BANK, M G ROAD

Land11.5 acres

Court cases declared0

Complaints at K-RERA9 on this project · 18 on the promoter

Record fetchedSep 2026

2 red flags2 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/200323/003368 and 1 quarterly filing. 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/1251/446/PR/200323/003368 and 1 quarterly filing. 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.

2 red2 watch4 positive

Delivery timeline8/10

delivered; the registration was extended 1× before completion

Legal & complaints6/10

9 RERA complaints on the project (−3); 1 still open

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/1251/446/PR/200323/003368 · SPL TOWERS 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%
Retaining wall
100%
Plinth level Beam
100%
Sub-structure flooring
100%
RCC or MS Framed structure
100%

No litigation declared9 complaints · 1 openEscrow: INDUSIND BANK

Credit ratings of the people behind it

Complaints & disputes on record

On this project91 open

On the promoter entity18all projects

Court cases declared0no stay recorded

What complainants raise

Grievance Against Builder for Non-Disclosure of Documents, Pending Amenities, Kharab Land
Complaint Regarding “Interest for Delay in Possession”
Refund of amount paid
Need advance paid amount with interest

At a glance

Delivered

Delivered. RERA registration ran 2020-02-27 → 2025-11-26 after 1 extension (original 2025-02-26)

9 RERA complaints, 1 open

9 RERA complaints on this project (1 open); 18 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹200 cr — where it goes

Land ₹13.9 cr · 7%Construction & on-site ₹186.4 cr · 93%

No litigation declaredBorrowing declared: not statedEscrow at INDUSIND BANKOwners’ association: not formed

Complaint log (K-RERA) · 9 on this project

Jul 2026Grievance Against Builder for Non-Disclosure of Documents, Pending Amenities, Kharab Land Issues, and Unfair Copen
Apr 2025Complaint Regarding “Interest for Delay in Possession”disposed
Nov 2023Refund of amount paiddisposed
May 2023Need advance paid amount with interestdisposed
Nov 2022Booking amount of 50000 is not refundeddisposed
Jun 2022Refund of advance sale considerationdisposed
Mar 2022Refund of booking amount and compensationdisposed
Oct 2021Refund Of Booking Amountdisposed
Mar 2021Refund of 5% booking amountdisposed

Complaints by status

Open / under enquiry

Disposed (Authority)

Disposed (adjudicating officer)

Red flags to resolve in writing

Timeline

9 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.
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.
Is the land freehold with the developer, and is any part mortgaged?

Full record: every filed number, line by line2 sections · 19 items

RERA file · Registration

Registration

PRM/KA/RERA/1251/446/PR/200323/003368 · promoter SPL TOWERS PRIVATE LIMITED (Company) · Proposed Project End Date at the time of registration :

Dates

Start 2020-02-27 · original completion 2025-02-26 · 1 extension: Covid Extension → 2025-11-26

Status

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

Registered cost

Total ₹200 cr · land ₹13.88 cr · construction ₹186 cr

RERA bank account

INDUSIND BANK, M G ROAD (70% construction account)

Land & towers

11.50 acres (46,538 sq m) · Tower 1 148 homes, 14 floors; Tower 2 148 homes, 14 floors; Tower 3 118 homes, 14 floors; Tower 4 148 homes, 14 floors; Tower 5 118 homes, 14 floors

Litigation declared

None declared in filings

K-RERA complaints

9 on this registration (1 open) · 18 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/1251/446/PR/200323/003368, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 9 on this project

2026-07-06 · 00787/2026

Grievance Against Builder for Non-Disclosure of Documents, Pending Amenities, Kharab Land Issues, and Unfair Communication Practices — UNDER ENQUIRY AUTHORITY FULLBENCH

2025-04-28 · 00682/2025

Complaint Regarding “Interest for Delay in Possession” — DISPOSED AUTHORITY BENCH5 (AUTHORITY)

2023-11-08 · 01679/2023

Refund of amount paid — DISPOSED AUTHORITY BENCH6 (AUTHORITY)

2023-05-05 · 00677/2023

Need advance paid amount with interest — DISPOSED AUTHORITY BENCH6 (AUTHORITY)

2022-11-30 · CMP/221130/0010413

Booking amount of 50000 is not refunded — DISPOSED AUTHORITY BENCH6 (AUTHORITY)

2022-06-04 · CMP/220604/0009586

Refund of advance sale consideration — DISPOSED AUTHORITY BENCH6 (AUTHORITY)

2022-03-09 · CMP/220309/0009100

Refund of booking amount and compensation — DISPOSED AUTHORITY (AUTHORITY)

2021-10-01 · CMP/211001/0008409

Refund Of Booking Amount — DISPOSED AO (ADJUDICATING OFFICER)

2021-03-18 · CMP/210318/0007796

Refund of 5% booking amount — DISPOSED AUTHORITY FULLBENCH (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/1251/446/PR/200323/003368 (registration file, quarterly updates, complaint register), fetched 2026-09-15
PropertyLens locality model (market-level estimates)
Karnataka RERA project records PRM/KA/RERA/1251/446/PR/200323/003368 (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.