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

Sumadhura Panorama Phase-I

Sumadhura · Devanahalli / Airport Road / Bagalur · Sy No.17/2, 18/1, 18/2, 18/3, 20/1, 20/2, 20/3, 20/4, 21, 23/1, 23/2, 23/3, 23/4, 24/1, 24/2, 24/4, 26/1, 26/2, 27/1, 27/2, 27/3, 27/4, 28/1, 28/2, , 29/1, 29/2, 46/1, 46/2, 46/3, 46/5, 46/6 & 47/2, Sannamanikere Village, Kasaba Hobli

Promoter entitySUMADHURA REALTY
Entity type · PANPartnership Firm · ADOFS1318Q
Developer brandSumadhura · #10 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1250/303/PR/220125/007412
Planning authorityBIAPPA - Bangalore Airport Area Planning Authority
Sanctioned planBIAAPA/TP/LAO/094/2023-24/24-25/1920 · 2024-11-15
Escrow bankHDFC, Bangalore Richmond Road
Landarea not filed · 15 land owners on record
Court cases declared2
Complaints at K-RERA0 on this project · 0 on the promoter
Record fetchedSep 2026
1 red flags2 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1250/303/PR/220125/007412 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/1250/303/PR/220125/007412 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 & complaints4/10
2 court cases declared in filings (−3); an injunction/stay is recorded (−2)
Money to finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹41.29 cr, withdrew ₹29.40 cr
Developer strength6.5/10
CRISIL BBB+/Stable (Sumadhura Infracon)

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

Registration
PRM/KA/RERA/1250/303/PR/220125/007412 · SUMADHURA REALTY
On original date
RegisteredJan 2025TodaySep 2026Original completionDec 2027
Construction90%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Money through the RERA account
Collected ₹65.57 CrWithdrawn ₹46.44 CrQ3 2025-2665.57 Cr46.44 CrCollected ₹80.09 CrWithdrawn ₹56.29 CrQ4 2025-2680.09 Cr56.29 CrCollected ₹41.29 CrWithdrawn ₹29.40 CrQ1 2026-2741.29 Cr29.40 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Other Miscellaneous Work
    0%
  • Tree Plantation And LandScape Work
    3%
  • Power Supply Work
    90%
  • Sewage Treatment Plant
    90%
  • Formation Of Road, Footpath
    95%
  • Solid Waste Management and Disposal
    95%
2 court cases declaredNo complaintsEscrow: HDFCJoint-development land
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeCRISIL BBB+ / Stable · Sumadhura Infracon · May 2025
Complaints & disputes on record
On this project00 open
On the promoter entity0all projects
Court cases declared2no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2027-12-31

90% built, NaN% booked

90% built per the latest filing; 0/0 homes booked

No complaints on this project

No RERA complaints on this project; 0 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 ₹410 cr — where it goes
Approvals ₹1.4 cr · 0%Construction & on-site ₹109 cr · 27%Other / taxes ₹299.9 cr · 73%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
202520262027Ground Clearance/Formation Of Plots100%Formation Of Road, Footpath95%Construction Of Water Supply Infrastuc100%Construction Of Sewage System Infrastu100%Power Supply Work90%Construction Of Storm Water Drainage100%Solid Waste Management and Disposal95%Tree Plantation And LandScape Work3%Street Lighting95%Sewage Treatment Plant90%Other Miscellaneous Work0%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
Civil Suit or OS 310308/2021 · Senior Civil Judge & JMFC Devanahalli · no stayOS 308310/2021 · Senior Civil Judge & JMFC Devanahalli · STAYBorrowing declared: NoEscrow at HDFC15 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

2 court cases declared in RERA filings (310308/2021, 308310/2021); 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 — 2027-12-31 — and what is the per-month delay compensation?
  4. What do the declared cases (310308/2021, 308310/2021) 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 · 11 items

RERA file · Registration

Registration
PRM/KA/RERA/1250/303/PR/220125/007412 · promoter SUMADHURA REALTY (Partnership Firm) · SJN-F741-2022-23
Dates
Start 2025-01-01 · original completion 2027-12-31 · no extensions
Progress
90% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 0 of 0 homes booked (0 available)
Registered cost
Total ₹410 cr · construction ₹109 cr
Borrowing / mortgage declared
Borrowing: No
RERA bank account
HDFC, Bangalore Richmond Road (70% construction account)
Plan sanction
BIAAPA/TP/LAO/094/2023-24/24-25/1920 dated 2024-11-15 · BIAPPA - Bangalore Airport Area Planning Authority
Land owners / co-promoters
M/s Sumadhura Realty (100.0%, Sy 18/1); M/s Sumadhura Realty (100.0%, Sy 18/2); M/s Sumadhura Realty (100.0%, Sy 20/1); M/s Sumadhura Realty (100.0%, Sy 20/2); M/s Sumadhura Realty (100.0%, Sy 20/3); M/s Sumadhura Realty (100.0%, Sy 20/4); M/s Sumadhura Realty (100.0%, Sy 21); M/s Sumadhura Realty (100.0%, Sy 23/1) +7 more
Litigation declared
Civil Suit or OS 310308/2021, Senior Civil Judge & JMFC Devanahalli — no stay; OS 308310/2021, Senior Civil Judge & JMFC Devanahalli — injunction/stay recorded
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1250/303/PR/220125/007412, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1250/303/PR/220125/007412 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1250/303/PR/220125/007412 (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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