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

Sobha Galera

Sobha · Hoskote / Budigere Cross / Old Madras Road · Balagere, Bangalore

Promoter entitySOBHA LIMITED
Entity type · PANCompany · AABCS7723E
Developer brandSobha · #1 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/050123/005601
Planning authorityLocal Planing Authority
Sanctioned planHPA/CC/147/2022-23 · 2022-11-08
Escrow bankPunjab National Bank, 21/15 LANDMARK M.G. ROAD
Land4.08 acres · 1 land owner on record
Court cases declared0
Complaints at K-RERA1 on this project · 224 on the promoter
Record fetchedSep 2026
0 red flags3 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/050123/005601 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/1251/446/PR/050123/005601 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 watch5 positive
Delivery timeline8/10
delivered on the original registration
Legal & complaints8.5/10
1 RERA complaint on the project (−0.5)
Money to finish9/10
finance cost is 9% of the registered budget; last quarter: collected ₹19.79 cr, withdrew ₹18.23 cr; 98% of homes booked (+1)
Developer strength8.3/10
ICRA A+/Stable (Sobha 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/050123/005601 · SOBHA LIMITED
Delivered
RegisteredApr 2023TodaySep 2026Original completionDec 2026
Money through the RERA account
Collected ₹31.93 CrWithdrawn ₹32.12 CrQ3 2025-2631.93 Cr32.12 CrCollected ₹20.20 CrWithdrawn ₹20.13 CrQ4 2025-2620.20 Cr20.13 CrCollected ₹19.79 CrWithdrawn ₹18.23 CrQ1 2026-2719.79 Cr18.23 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Retaining wall
    0%
  • Fire prevention and fire fighting fitting
    0%
  • Earth work and other leveling preparation
    100%
  • Foundation footing work
    100%
  • Upto Plinth Level
    100%
  • Sub-structure flooring
    100%
No litigation declared1 complaintsEscrow: Punjab National BankJoint-development land
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A+ / Stable · Sobha Ltd · Aug 2025
Complaints & disputes on record
On this project1– open
On the promoter entity224all projects
Court cases declared0no stay recorded
At a glance
Delivered

Delivered. RERA registration ran 2023-04-01 → 2026-12-31

1 RERA complaints

1 RERA complaints on this project; 224 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹125 cr — where it goes
Approvals ₹1.2 cr · 1%Construction & on-site ₹83.6 cr · 67%Finance (bank) ₹11.5 cr · 9%Other / taxes ₹28.3 cr · 23%
No litigation declaredBorrowing declared: NoEscrow at Punjab National Bank1 recorded land-owner shareOwners’ association: not formed

Red flags to resolve in writing

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 line1 sections · 13 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/050123/005601 · promoter SOBHA LIMITED (Company) · L45201KA1995PLC018475
Dates
Start 2023-04-01 · original completion 2026-12-31 · no extensions
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹125 cr · construction ₹83.62 cr · bank principal+interest ₹11.50 cr
Borrowing / mortgage declared
Borrowing: No · mortgage: No
RERA bank account
Punjab National Bank, 21/15 LANDMARK M.G. ROAD (70% construction account)
Plan sanction
HPA/CC/147/2022-23 dated 2022-11-08 · Local Planing Authority
Land & towers
4.08 acres (16,525 sq m) · Wing 1 19 homes, 1 floors; Wing 2 21 homes, 1 floors
Land owners / co-promoters
M/s. Sobha Limited (100.0%, Sy 116)
Litigation declared
None declared in filings
K-RERA complaints
1 on this registration · 224 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/050123/005601, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/050123/005601 (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/050123/005601 (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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