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PropertyLensBengaluru · invest

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

Sobha Insignia

Sobha · Bellandur / Outer Ring Road / Kadubeesanahalli · Survey No. 87/2, 87/3, 80 and 111, Jakkur Village, Yelahanka Hobli, Bengaluru

Promoter entitySOBHA LIMITED

Entity type · PANCompany · AABCS7723E

Developer brandSobha · #1 in Bengaluru by RERA registrations

RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/030922/005212

Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike

Sanctioned planBBMP/Addl.Dir/JDNORTH/0002/22-23 · 2022-08-05

Escrow bankAxis Bank, M G ROAD

Land0.98 acres

Court cases declared1

Complaints at K-RERA1 on this project · 224 on the promoter

Record fetchedSep 2026

0 red flags5 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/030922/005212 and 2 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/030922/005212 and 2 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 red5 watch3 positive

Delivery timeline8/10

delivered on the original registration

Legal & complaints7/10

1 court case declared in filings (−1.5); 1 RERA complaint on the project (−0.5); 1 still open

Money to finish8/10

finance cost is 7% of the registered budget; last quarter: collected ₹0.18 cr, withdrew ₹0.18 cr

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/030922/005212 · SOBHA LIMITED

Delivered

Money through the RERA account

Collected from buyersWithdrawn for construction

Latest milestones

Internal and External work including lands
57%
Earth work and other leveling preparation
100%
Foundation footing work
100%
Upto Plinth Level
100%
Sub-structure flooring
100%
Retaining wall
100%

1 court case declared1 complaints · 1 openEscrow: Axis Bank

Credit ratings of the people behind it

Complaints & disputes on record

On this project11 open

On the promoter entity224all projects

Court cases declared1no stay recorded

What complainants raise

Direct the Promoter to work with Co-operative Society formed by allottees and comply with

At a glance

Delivered

Delivered. RERA registration ran 2023-01-01 → 2026-03-31

1 RERA complaints, 1 open

1 RERA complaints on this project (1 open); 224 on the promoter overall

1 court case declared

1 court case declared in RERA filings (no stay recorded)

The record, in pictures

RERA file · Registration

Registered project cost ₹76.24 cr — where it goes

Approvals ₹1 cr · 1%Construction & on-site ₹61.4 cr · 81%Finance (bank) ₹5 cr · 7%Other / taxes ₹8.8 cr · 12%

Partition suit in O S 352/2017/2017 · O S No 352/2017 filed by Smt Bharathi & Others against Sri Ramaiah & Others before the City Civil Court Bengaluru for partition of suit schedule properties and other reliefs · no stayBorrowing declared: NoEscrow at Axis BankOwners’ association: not formed

Complaint log (K-RERA) · 1 on this project

Nov 2023Direct the Promoter to work with Co-operative Society formed by allottees and comply with section 17 of RERAopen

Complaints by status

Open / under enquiry

Red flags to resolve in writing

Legal

1 court case declared in RERA filings (352/2017/2017); check for stays and title impact.

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.
What do the declared cases (352/2017/2017) concern and is any stay in force?
Is the land freehold with the developer, and is any part mortgaged?

Full record: every filed number, line by line2 sections · 12 items

RERA file · Registration

Registration

PRM/KA/RERA/1251/446/PR/030922/005212 · promoter SOBHA LIMITED (Company) · L45201KA1995PLC018475

Dates

Start 2023-01-01 · original completion 2026-03-31 · no extensions

Status

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

Registered cost

Total ₹76.24 cr · construction ₹61.37 cr · bank principal+interest ₹5.00 cr

Borrowing / mortgage declared

Borrowing: No · mortgage: No

RERA bank account

Axis Bank, M G ROAD (70% construction account)

Plan sanction

BBMP/Addl.Dir/JDNORTH/0002/22-23 dated 2022-08-05 · BBMP - Bruhat Bengaluru Mahanagara Palike

Land & towers

0.98 acres (3,946 sq m) · Wing 1 33 homes, 8 floors

Litigation declared

Partition suit in O S 352/2017/2017, O S No 352/2017 filed by Smt Bharathi & Others against Sri Ramaiah & Others before the City Civil Court Bengaluru for partition of suit schedule properties and other reliefs — no stay

K-RERA complaints

1 on this registration (1 open) · 224 on the promoter entity across all its projects

Owners’ association

Not yet formed

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/030922/005212, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 1 on this project

2023-11-15 · 01705/2023

Direct the Promoter to work with Co-operative Society formed by allottees and comply with section 17 of RERA — UNDER ENQUIRY AUTHORITY FULLBENCH

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/030922/005212 (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/030922/005212 (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.