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PropertyLensBengaluru · invest

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

Visalakshi Prakruthi

Prakruthi · Hennur Road / Kothanur / Kalyan Nagar · #97/5 Visalakshi Prakruthi New 40 Feet Road, Off Thanisandra Main Road Bangalore 560077

Promoter entityVisalakshi Housing Projects

Entity type · PANPartnership Firm · AANFV7341J

Developer brandPrakruthi · #89 in Bengaluru by RERA registrations

RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/200817/003550

Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike

Sanctioned plannot filed

Escrow bankCanara Bank, Canara Bank, Ballary Road

Land1.47 acres

Court cases declared0

Complaints at K-RERA2 on this project · 2 on the promoter

Record fetchedSep 2026

1 red flags2 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/200817/003550. 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/200817/003550. 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 timeline7/10

a registration completion date has already passed (−2)

Legal & complaints8/10

2 RERA complaints on the project (−1)

Money to finish8/10

finance cost is 0% of the registered budget

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/200817/003550 · Visalakshi Housing Projects

Past RERA date

No litigation declared2 complaints · 0 openEscrow: Canara Bank

Credit ratings of the people behind it

No public credit rating located for the promoter.

Visalakshi Housing Projects: no public rating located

Complaints & disputes on record

On this project20 open

On the promoter entity2all projects

Court cases declared0no stay recorded

What complainants raise

Delay in Receipt of OC
Delay in Receipt of OC, Khata Transfer and Diversion of Sale consideration of the Flat ( M

At a glance

On its original RERA date

On its original RERA completion date: 2025-07-31

2 RERA complaints, 0 open

2 RERA complaints on this project (0 open); 2 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹36.75 cr — where it goes

Land ₹16.1 cr · 44%Construction & on-site ₹20.7 cr · 56%

No litigation declaredBorrowing declared: not statedEscrow at Canara Bank

Complaint log (K-RERA) · 2 on this project

Dec 2025Delay in Receipt of OCdisposed
Sep 2025Delay in Receipt of OC, Khata Transfer and Diversion of Sale consideration of the Flat ( Maintenance Amount)disposed

Complaints by status

Disposed (adjudicating officer)

Red flags to resolve in writing

Timeline

RERA completion date 2025-07-31 has passed without a completion application.

Questions to put to the developer before you sign

Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
Confirm the price list, floor-rise and other charges for the exact unit.
Which date is contractual — 2025-07-31 — and what is the per-month delay compensation?
Confirm there is no litigation on the land or approvals beyond the RERA declaration.
Is the land freehold with the developer, and is any part mortgaged?

Full record: every filed number, line by line2 sections · 9 items

RERA file · Registration

Registration

PRM/KA/RERA/1251/446/PR/200817/003550 · promoter Visalakshi Housing Projects (Partnership Firm) · Proposed Project End Date at the time of registration :

Dates

Start 2020-07-01 · original completion 2025-07-31 · no extensions · current date has passed

Registered cost

Total ₹36.75 cr · land ₹16.05 cr · construction ₹20.70 cr

RERA bank account

Canara Bank, Canara Bank, Ballary Road (70% construction account)

Land & towers

1.47 acres (5,969 sq m) · Prakruthi 121 homes, 11 floors

Litigation declared

None declared in filings

K-RERA complaints

2 on this registration (0 open) · 2 on the promoter entity across all its projects

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/200817/003550, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 2 on this project

2025-12-10 · 01470/2025

Delay in Receipt of OC — DISPOSED AO (ADJUDICATING OFFICER)

2025-09-18 · 01181/2025

Delay in Receipt of OC, Khata Transfer and Diversion of Sale consideration of the Flat ( Maintenance Amount) — DISPOSED AO (ADJUDICATING OFFICER)

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/1251/446/PR/200817/003550 (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/200817/003550 (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.