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

Sobha Manhattan Towers-Town Park Phase 2 W 1 & 2

Sobha · Attibele / Anekal / Chandapura · Phase 2 at Sy.No.50/2, in the composite project Sobha Manhattan Towers - Town Park situated at , Sy.Nos.48/1A, 48/2, 50/2 and 50/3, presently bearing Khata No.1877/48/1A-1881/50/2-1886/48/2-1913/50/3, situated at Yadavanahalli Village, Attibele Hobli, Anekal Taluk

Promoter entitySOBHA LIMITED
Entity type · PANCompany · AABCS7723E
Developer brandSobha · #1 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/210518/004151
Planning authorityBMRDA - Bangalore Metropolitan Region Development Authority
Sanctioned plannot filed
Escrow bankAxis Bank, MG Road Bangalore
Land3.81 acres
Court cases declared1
Complaints at K-RERA0 on this project · 224 on the promoter
Record fetchedSep 2026
1 red flags2 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/210518/004151 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/1251/308/PR/210518/004151 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.

1 red2 watch3 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints5.5/10
1 court case declared in filings (−1.5); an injunction/stay is recorded (−2)
Money to finish8/10
finance cost is 0% of the registered budget; last quarter withdrew ₹6.95 cr against ₹2.73 cr collected (−1); 100% 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/1251/308/PR/210518/004151 · SOBHA LIMITED
On original date
RegisteredApr 2021TodaySep 2026Original completionSep 2028
Construction81%
quarterly filing Q1 2026-27 (submitted 2026-07-10)
Homes booked280 / 280
0 still available
Sold vs built100% vs 81%
Sales and construction are broadly in step.
Money through the RERA account
Collected ₹15.98 CrWithdrawn ₹25.85 CrQ3 2025-2615.98 Cr25.85 CrCollected ₹8.60 CrWithdrawn ₹9.91 CrQ4 2025-268.60 Cr9.91 CrCollected ₹2.73 CrWithdrawn ₹6.95 CrQ1 2026-272.73 Cr6.95 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Sub-structure flooring
    0%
  • Painting
    0%
  • Retaining wall
    30%
  • Internal and External work including lands
    30%
  • Fire prevention and fire fighting fitting
    42%
  • Electrification, Water supply and Sanitary
    43%
1 court case declaredNo complaintsEscrow: Axis Bank
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A+ / Stable · Sobha Ltd · Aug 2025
Complaints & disputes on record
On this project0– open
On the promoter entity224all projects
Court cases declared1no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2028-09-30

81% built, 100% booked

81% built per the latest filing; 280/280 homes booked

No complaints on this project

No RERA complaints on this project; 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 ₹314 cr — where it goes
Land ₹85.3 cr · 27%Construction & on-site ₹229 cr · 73%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-10))
202320242025202620272028Earth work and other leveling preparat100%Foundation footing work100%Retaining wall30%Plinth level Beam100%Sub-structure flooring0%RCC or MS Framed structure100%Plastering inside , outside & Ceiling100%Joinery: Doors, Windows, Ventilators e44%Basic work of Water supply, Sanitary a64%Dadoing, Skirting, Flooring, Tiles wor80%Railing and Grill fixing87%Electrification, Water supply and Sani43%Fire prevention and fire fighting fitt42%Painting0%Internal and External work including l30%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
Partition suit in O S 4744/2022/2022 · OS No 4744/2022 filed by Smt Dakshayani against Sri Rudrappa and Others before the City Civil Court Bengaluru for partition of suit schedule properties · STAYBorrowing declared: not statedEscrow at Axis BankOwners’ association: not formed

Red flags to resolve in writing

1
Legal

1 court case declared in RERA filings (4744/2022/2022); check for stays and title impact.

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 — 2028-09-30 — and what is the per-month delay compensation?
  4. What do the declared cases (4744/2022/2022) concern and is any stay in force?
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line1 sections · 10 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/210518/004151 · promoter SOBHA LIMITED (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2021-04-01 · original completion 2028-09-30 · no extensions
Progress
81% complete per quarterly filing Q1 2026-27 (submitted 2026-07-10) · 280 of 280 homes booked (0 available)
Registered cost
Total ₹314 cr · land ₹85.31 cr · construction ₹229 cr
RERA bank account
Axis Bank, MG Road Bangalore (70% construction account)
Land & towers
3.81 acres (15,416 sq m) · Wing 1 142 homes, 38 floors; Wing 2 138 homes, 37 floors
Litigation declared
Partition suit in O S 4744/2022/2022, OS No 4744/2022 filed by Smt Dakshayani against Sri Rudrappa and Others before the City Civil Court Bengaluru for partition of suit schedule properties — injunction/stay recorded
K-RERA complaints
0 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/1251/308/PR/210518/004151, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/210518/004151 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/308/PR/210518/004151 (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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