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

The Edge

Arvind SmartSpaces · Yeshwanthpur / Tumkur Road / Nagasandra · Adj. Shell Petrol Pump, Opp. Nagasandra Metro Station, Nagasandra, Tumkur Main Road, Bengaluru 560073

Promoter entityArvind SmartSpaces Limited
Entity type · PANCompany · AAHCA5001H
Developer brandArvind SmartSpaces · #128 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/309/PR/190823/002822
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankYES BANK, C. G. Road Branch
Land1.02 acres
Court cases declared0
Complaints at K-RERA1 on this project · 7 on the promoter
Record fetchedSep 2026
0 red flags3 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/309/PR/190823/002822 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/1251/309/PR/190823/002822 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 red3 watch4 positive
Delivery timeline8/10
delivered; the registration was extended 1× before completion
Legal & complaints8.5/10
1 RERA complaint on the project (−0.5)
Money to finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹12.68 cr, withdrew ₹13.20 cr
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/1251/309/PR/190823/002822 · Arvind SmartSpaces Limited
Delivered
RegisteredJun 2019Original completionJun 2026TodaySep 2026Covid ext.Mar 2027
Money through the RERA account
Collected ₹26.2 LWithdrawn ₹3.16 CrQ3 2025-2626.2 L3.16 CrCollected ₹12.68 CrWithdrawn ₹13.20 CrQ4 2025-2612.68 Cr13.20 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%
  • Masonry construction: Bricks, Concrete blo
    100%
No litigation declared1 complaints · 0 openEscrow: YES BANK
Credit ratings of the people behind it

No public credit rating located for the promoter.

Arvind SmartSpaces Limited: no public rating located

Complaints & disputes on record
On this project10 open
On the promoter entity7all projects
Court cases declared0no stay recorded
What complainants raise
  • Claim of Booking Amount
At a glance
Delivered

Delivered. RERA registration ran 2019-06-29 → 2027-03-30 after 1 extension (original 2026-06-30)

1 RERA complaints, 0 open

1 RERA complaints on this project (0 open); 7 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹63.25 cr — where it goes
Land ₹15.8 cr · 25%Construction & on-site ₹47.5 cr · 75%
No litigation declaredBorrowing declared: not statedEscrow at YES BANKOwners’ association: formed

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

  • Jan 2023Claim of Booking Amountdisposed
Complaints by status
Disposed (Authority)
1

Red flags to resolve in writing

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 · 11 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/309/PR/190823/002822 · promoter Arvind SmartSpaces Limited (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2019-06-29 · original completion 2026-06-30 · 1 extension: Covid Extension → 2027-03-30
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹63.25 cr · land ₹15.75 cr · construction ₹47.50 cr
RERA bank account
YES BANK, C. G. Road Branch (70% construction account)
Money at registration
collected ₹4.16 cr · spent ₹27.97 cr · balance ₹0.08 cr
Land & towers
1.02 acres (4,140 sq m) · A 116 homes, 13 floors
Litigation declared
None declared in filings
K-RERA complaints
1 on this registration (0 open) · 7 on the promoter entity across all its projects
Owners’ association
Formed

Source: Karnataka RERA project record PRM/KA/RERA/1251/309/PR/190823/002822, fetched 2026-09-15. Figures are the promoter’s own filings.

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

2023-01-19 · 00097/2023
Claim of Booking Amount — DISPOSED AUTHORITY BENCH5 (AUTHORITY)

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/1251/309/PR/190823/002822 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/309/PR/190823/002822 (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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