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PropertyLensBengaluru · invest

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

Wf48

Ozone Group · KR Puram / Mahadevapura / Hoskote Road · Sy no. 61/1, 61/2, & 61/3, Mahadevpura Village, KR Puram Hobli, Bangalore East Taluk

Promoter entityOzone Elegant Developers LLP

Entity type · PANPartnership Firm · AARFP6011F

Developer brandOzone Group · #51 in Bengaluru by RERA registrations

RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/171015/000781

Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike

Sanctioned plannot filed

Escrow bankHDFC, Ulsoor Road

Land5.45 acres

Court cases declared0

Complaints at K-RERA25 on this project · 25 on the promoter

Record fetchedSep 2026

4 red flags0 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/171015/000781. 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/171015/000781. 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.

4 red0 watch2 positive

Delivery timeline3/10

2 extensions on the registration (−4); a registration completion date has already passed (−2)

Legal & complaints6/10

25 RERA complaints on the project (−3)

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/171015/000781 · Ozone Elegant Developers LLP

Past RERA date

Construction23%

registration-time status

Collected (at registration)₹69.00 Cr

Spent₹16.00 Cr

Balance with promoter₹0

Delay declaredYesDelayed approvals and delay in supply of material and loabour

No litigation declared25 complaintsEscrow: HDFC

Credit ratings of the people behind it

No public credit rating located for the promoter.

Ozone Elegant Developers LLP: no public rating located

Complaints & disputes on record

On this project25– open

On the promoter entity25all projects

Court cases declared0no stay recorded

At a glance

Registration extended 2×

Registration extended 2× — from 2023-12-31 to 2025-09-30 (already passed)

23% built

23% built per the latest filing

25 RERA complaints

25 RERA complaints on this project; 25 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹468 cr — where it goes

Land ₹94 cr · 20%Construction & on-site ₹374 cr · 80%

No litigation declaredBorrowing declared: not statedEscrow at HDFC

Red flags to resolve in writing

Timeline

Registration extended 2 times: original completion 2023-12-31, now 2025-09-30.

Timeline

RERA completion date 2025-09-30 has passed without a completion application.

Timeline

25 K-RERA complaints on this registration.

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 — 2025-09-30 — 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 line1 sections · 10 items

RERA file · Registration

Registration

PRM/KA/RERA/1251/446/PR/171015/000781 · promoter Ozone Elegant Developers LLP (Partnership Firm) · EX/PRM/KA/RERA/1251/446/PR/250611/000781

Dates

Start 2016-02-01 · original completion 2023-12-31 · 2 extensions: Covid Extension → 2024-09-30, Section 6 Extension → 2025-09-30 · current date has passed

Progress

23% complete per registration-time status

Registered cost

Total ₹468 cr · land ₹94.00 cr · construction ₹374 cr

RERA bank account

HDFC, Ulsoor Road (70% construction account)

Money at registration

collected ₹69.00 cr · used ₹16.00 cr · balance ₹0.00 cr · delay declared: Yes (Delayed approvals and delay in supply of material and loabour)

Land & towers

5.45 acres (22,067 sq m) · Tower A 76 homes, 20 floors; Tower B 77 homes, 20 floors; Tower C 78 homes, 20 floors; Tower D 54 homes, 20 floors; Tower E 57 homes, 20 floors; Tower F 59 homes, 20 floors; Tower G 76 homes, 20 floors; Tower H 78 homes, 20 floors

Litigation declared

None declared in filings

K-RERA complaints

25 on this registration · 25 on the promoter entity across all its projects (a project-specific LLP; group-level complaints sit under other entities)

Completion applied

19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171015/000781, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources

Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171015/000781 (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/171015/000781 (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.