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

Sterling Ascentia

Sterling Developers · Bellandur / Outer Ring Road / Kadubeesanahalli · 13 Outer Ring Road Opposite Accenture Kariyammana Agrahara , Bellandur Bengaluru Karnataka 560103

Promoter entityM/s Sterling Urban Ventures Pvt. Ltd
Entity type · PANCompany · AAKCS9185M
Developer brandSterling Developers · #87 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/171026/000563
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankPUNJAB NATIONAL BANK OF INDIA, MG Road
Land5.66 acres
Court cases declared0
Complaints at K-RERA30 on this project · 30 on the promoter
Record fetchedSep 2026
2 red flags1 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/171026/000563 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/171026/000563 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.

2 red1 watch4 positive
Delivery timeline8/10
delivered; the registration was extended 2× before completion
Legal & complaints6/10
30 RERA complaints on the project (−3)
Money to finish9/10
finance cost is 0% of the registered budget; last quarter: collected ₹1.02 cr, withdrew ₹0.71 cr; 97% of homes booked (+1)
Developer strength5/10
no public credit rating for the promoter

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/446/PR/171026/000563 · M/s Sterling Urban Ventures Pvt. Ltd
Delivered
RegisteredSep 2015Original completionDec 2021Section 6 ext.Sep 2023TodaySep 2026Further ext.Sep 2026
Money through the RERA account
Collected ₹8.25 CrWithdrawn ₹5.77 CrQ3 2025-268.25 Cr5.77 CrCollected ₹3.44 CrWithdrawn ₹2.41 CrQ4 2025-263.44 Cr2.41 CrCollected ₹1.02 CrWithdrawn ₹71.1 LQ1 2026-271.02 Cr71.1 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Electrification, Water supply and Sanitary
    95%
  • Fire prevention and fire fighting fitting
    95%
  • Weather Proof work
    95%
  • Painting
    95%
  • Internal and External work including lands
    95%
  • Earth work and other leveling preparation
    100%
No litigation declared30 complaints · 0 openEscrow: PUNJAB NATIONAL BANK OF INDIA
Credit ratings of the people behind it

No public credit rating located for the promoter.

M/s Sterling Urban Ventures Pvt. Ltd: no public rating located

Complaints & disputes on record
On this project300 open
On the promoter entity30all projects
Court cases declared0no stay recorded
What complainants raise
  • Non adherence to the sanctioned plan and specification
  • Failure to complete that duty of promoter of section 11 sub sec 04 of rera act
  • Failure to complete the duty of Promoter under Sec 11 subsection 4 of RERA ACT
  • Maintenance not provided by the Builder for amenities not handed over
At a glance
Delivered

Delivered. RERA registration ran 2015-09-15 → 2026-09-30 after 2 extensions (original 2021-12-31)

30 RERA complaints, 0 open

30 RERA complaints on this project (0 open); 30 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹450 cr — where it goes
Land ₹120 cr · 27%Construction & on-site ₹330 cr · 73%
No litigation declaredBorrowing declared: not statedEscrow at PUNJAB NATIONAL BANK OF INDIAOwners’ association: not formed

Complaint log (K-RERA) · 30 on this project

  • Jun 2024Non adherence to the sanctioned plan and specificationdisposed
  • Apr 2024Failure to complete that duty of promoter of section 11 sub sec 04 of rera actdisposed
  • Feb 2024Failure to complete the duty of Promoter under Sec 11 subsection 4 of RERA ACTdisposed
  • Jan 2024Maintenance not provided by the Builder for amenities not handed overdisposed
  • Apr 2023Adherence of sanctioned plandisposed
  • Apr 2023Structural Defect and Pending Amenities in Sterling Ascentiadisposed
  • Jan 2023Structural Defect and Pending Amenities in Sterling Ascentiadisposed
  • Jan 2023STRUCTURAL DEFECT AND DELAYED AMENIIESdisposed
  • Dec 2022Structural DEFECTS & Pending amenities in Sterling Ascentiadisposed
  • Dec 2022Illegal Conctruction of 14th Floor in Tower 4disposed
  • Nov 2022Structural Defect and Pending Amenities in Sterling Ascentiadisposed
  • Nov 2022Structural Defect and Pending Amenities in Sterling Ascentiadisposed
Complaints by status
Disposed (Authority)
6
Disposed (adjudicating officer)
24

Red flags to resolve in writing

1
Timeline

Registration extended 2 times: original completion 2021-12-31, now 2026-09-30.

2
Timeline

30 K-RERA complaints on this registration.

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 line2 sections · 36 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/171026/000563 · promoter M/s Sterling Urban Ventures Pvt. Ltd (Company) · EX/PRM/KA/RERA/1251/446/PR/221028/000563
Dates
Start 2015-09-15 · original completion 2021-12-31 · 2 extensions: Section 6 Extension → 2023-09-30, Further Extension → 2026-09-30
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹450 cr · land ₹120 cr · construction ₹330 cr
RERA bank account
PUNJAB NATIONAL BANK OF INDIA, MG Road (70% construction account)
Money at registration
collected ₹46.18 cr · used ₹166 cr · balance ₹0.00 cr · delay declared: No
Land & towers
5.66 acres (22,915 sq m) · Tower 3 59 homes, 14 floors; Tower 4 59 homes, 14 floors; Tower 5 86 homes, 14 floors; Tower 6 86 homes, 14 floors
Litigation declared
None declared in filings
K-RERA complaints
30 on this registration (0 open) · 30 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/171026/000563, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 30 on this project

2024-06-20 · 00615/2024
Non adherence to the sanctioned plan and specification — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-04-02 · 00347/2024
Failure to complete that duty of promoter of section 11 sub sec 04 of rera act — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-02-13 · 00187/2024
Failure to complete the duty of Promoter under Sec 11 subsection 4 of RERA ACT — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2024-01-11 · 00050/2024
Maintenance not provided by the Builder for amenities not handed over — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2023-04-18 · 00508/2023
Adherence of sanctioned plan — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2023-04-18 · 00514/2023
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2023-01-09 · 00033/2023
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2023-01-06 · 00029/2023
STRUCTURAL DEFECT AND DELAYED AMENIIES — DISPOSED AO (ADJUDICATING OFFICER)
2022-12-09 · CMP/221209/0010443
Structural DEFECTS & Pending amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-12-09 · CMP/221209/0010445
Illegal Conctruction of 14th Floor in Tower 4 — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2022-11-30 · CMP/221130/0010414
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-28 · CMP/221128/0010410
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-23 · CMP/221123/0010390
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-23 · CMP/221123/0010394
Structural defects and pending amenities of sterling ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-23 · CMP/221123/0010395
Clubhouse not provided and Illegal 14th floor construction — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010377
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010378
Structural Defect, Pending Amenities and Clubhouse — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010379
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010380
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010381
Structural Defects and pending amenities — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010382
Structural Defect & Pending Amenties in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010383
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010384
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010385
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)
2022-11-22 · CMP/221122/0010386
Structural Defect and Pending Amenities in Sterling Ascentia — DISPOSED AO (ADJUDICATING OFFICER)

Showing the latest 25 of 30.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171026/000563 (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/171026/000563 (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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