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

Sobha Royal Pavilion Phase 8 - Wing 15

Sobha · Sarjapur Road (Carmelaram / Dommasandra) · Sy No. 54/3, 55/1, 55/2, 58/1, 58/2, 58/3, 59/2, 59/3, 59/4, 59/5, 60/2, 61, 63/1 Hadosiddapura Village, and Sy. No 31/1 Chikkannelli Village

Promoter entitySobha Limited
Entity type · PANCompany · AABCS7723E
Developer brandSobha · #1 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/190204/002339
Planning authorityBDA - Bangalore Development Authority
Sanctioned plannot filed
Escrow bankRATNAKAR BANK, Prestige Towers, Ground, 99 & 100, Residency Rd, Infront of Cash Pharmacy, Shanthala Nagar, Ashok Nagar
Land2.7 acres
Court cases declared2
Complaints at K-RERA0 on this project · 224 on the promoter
Record fetchedSep 2026
1 red flags3 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/190204/002339 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/190204/002339 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 red3 watch3 positive
Delivery timeline8/10
delivered; the registration was extended 1× before completion
Legal & complaints4/10
2 court cases declared in filings (−3); an injunction/stay is recorded (−2)
Money to finish9/10
finance cost is 0% of the registered budget; last quarter: collected ₹1.08 cr, withdrew ₹1.11 cr; 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/1251/446/PR/190204/002339 · Sobha Limited
Delivered
RegisteredOct 2018Original completionSep 2025Covid ext.Jun 2026TodaySep 2026
Money through the RERA account
Collected ₹3.7 LWithdrawn ₹0Q3 2025-263.7 L0.0 LCollected ₹1.08 CrWithdrawn ₹1.11 CrQ4 2025-261.08 Cr1.11 CrCollected ₹1.08 CrWithdrawn ₹1.11 CrQ1 2026-271.08 Cr1.11 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Earth work and other leveling preparation
    100%
  • Foundation footing work
    100%
  • Retaining wall
    100%
  • Sub-structure flooring
    100%
  • RCC or MS Framed structure
    100%
  • Plastering inside , outside & Ceiling
    100%
2 court cases declaredNo complaintsEscrow: RATNAKAR BANK
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A+ / Stable · Sobha Ltd · Aug 2025
Complaints & disputes on record
On this project00 open
On the promoter entity224all projects
Court cases declared2no stay recorded
At a glance
Delivered

Delivered. RERA registration ran 2018-10-24 → 2026-06-30 after 1 extension (original 2025-09-30)

No complaints on this project

No RERA complaints on this project; 224 on the promoter overall

2 court cases declared

2 court cases declared in RERA filings (no stay recorded)

The record, in pictures

RERA file · Registration

Registered project cost ₹188 cr — where it goes
Land ₹68.2 cr · 36%Construction & on-site ₹119.6 cr · 64%Other / taxes ₹0 cr · 0%
W.P filed by Sobha Limited against State of Karnataka and others before the High court of Karantaka challenging demand for Ground Rent by BBMP 30941/2018 · High Court of Karnataka · STAYNow the case is transferred to the Addl Civil Judge Krishnarajapura and the suit is re numbered as OS No 218/2025 218/2025 · Addl Civil Judge Krishnarajapura · no stayBorrowing declared: not statedEscrow at RATNAKAR BANKOwners’ association: formed

Red flags to resolve in writing

1
Legal

2 court cases declared in RERA filings (30941/2018, 218/2025); 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. Provide the occupancy certificate, khata and title chain for the unit.
  4. What do the declared cases (30941/2018, 218/2025) 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 · 9 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/190204/002339 · promoter Sobha Limited (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2018-10-24 · original completion 2025-09-30 · 1 extension: Covid Extension → 2026-06-30
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹188 cr · land ₹68.21 cr · construction ₹120 cr
RERA bank account
RATNAKAR BANK, Prestige Towers, Ground, 99 & 100, Residency Rd, Infront of Cash Pharmacy, Shanthala Nagar, Ashok Nagar (70% construction account)
Land & towers
2.70 acres (10,927 sq m) · wing 15 113 homes, 18 floors
Litigation declared
W.P filed by Sobha Limited against State of Karnataka and others before the High court of Karantaka challenging demand for Ground Rent by BBMP 30941/2018, High Court of Karnataka — injunction/stay recorded; Now the case is transferred to the Addl Civil Judge Krishnarajapura and the suit is re numbered as OS No 218/2025 218/2025, Addl Civil Judge Krishnarajapura — no stay
K-RERA complaints
0 on this registration (0 open) · 224 on the promoter entity across all its projects
Owners’ association
Formed

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/190204/002339, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/190204/002339 (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/190204/002339 (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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