DS-MAX vs Icon Infra Shelters
58 Bengaluru projects from Karnataka RERA filings, as of September 11, 2026.
DS-MAX has the better delivery record; DS-MAX's projects score higher on investment merit
From Karnataka RERA filings: DS-MAX 64% of registrations needed no extension with 13 of 27 under-construction projects past their original date and 19 promoter complaints; Icon Infra Shelters 60% of registrations needed no extension with 3 of 4 past date and 0 complaints. Median project score: DS-MAX 45, Icon Infra Shelters 41. Judge the specific project, not just the brand.
Side by side
| Measure | DS-MAX | Icon Infra Shelters |
|---|---|---|
| Projects analysed | 53 | 5 |
| On-time rate (no extension filed) | 64% | 60% |
| Under construction past original RERA date | 13 of 27 | 3 of 4 |
| Average months overdue (late projects) | 31 | 59 |
| Extensions filed | 20 | 3 |
| Promoter complaints at K-RERA | 19 | 0 |
| Red flags across projects | 25 | 6 |
| Projects with litigation declared | 0 | 0 |
| Median investment score | 45 | 41 |
| Best project score | 68 | 52 |
| Median projected growth / yr | 9.0% | 9.2% |
| Median cash-flow IRR | 5.8% | 6.3% |
| Median gross yield | 3.5% | 3.5% |
| Median price per sq ft | ₹7,200 | ₹6,000 |
| Ready · under construction | 26 · 27 | 1 · 4 |
| Localities active in | 15 | 3 |
Green marks the better value on each line. Karnataka RERA filings and K-RERA complaint register as of September 11, 2026.
Best-scored DS-MAX projects
Best-scored Icon Infra Shelters projects
Questions people ask
DS-MAX or Icon Infra Shelters: which is the more reliable builder?
From Karnataka RERA filings: DS-MAX 64% of registrations needed no extension with 13 of 27 under-construction projects past their original date and 19 promoter complaints; Icon Infra Shelters 60% of registrations needed no extension with 3 of 4 past date and 0 complaints. Median project score: DS-MAX 45, Icon Infra Shelters 41. Judge the specific project, not just the brand.
Scores and projections are model outputs built from dated public evidence (Karnataka RERA filings, promoter quarterly updates, complaint registers, public ratings) and stated assumptions. They are research, not investment advice. How the numbers are built.