PropertyLensBengaluru · invest
Developer scorecard · #70 in Bengaluru by RERA registrations

Is Elegant Builders a reliable builder?

8 Bengaluru projects analysed from Karnataka RERA filings, quarterly updates and the K-RERA complaint register, as of September 11, 2026.

Straight answer · as of September 11, 2026

Elegant Builders in one paragraph

Elegant Builders has a weak delivery record in Karnataka RERA filings: 53% of registrations needed no extension (4 of 8 crawled Bengaluru registrations needed no extension). 4 of 8 under-construction projects are past their original RERA completion date, by 48 months on average (worst 69). The promoter entity carries 2 complaints at K-RERA across its projects. The median Elegant Builders project scores 44/100 on investment merit (below the Bengaluru average); the best, Elegant Takt, scores 62.

Delivery is judged on extensions filed, not on handover dates, because RERA records extensions reliably and handovers late. Extensions are common across Bengaluru; compare the rate with other developers below.

Projects analysed
8
0 ready · 8 under construction
On-time rate
53%
registrations with no extension filed
Past RERA date
4 / 8
avg 48 months over
Extensions filed
5
4 projects
Promoter complaints
2
K-RERA, across projects
Red flags
9
across due-diligence reports
Median score
44
best 62
Median growth / yr
9.9%
5-yr projection
Median price / sq ft
₹7,050
mid segment
Litigation declared
0
4 JDA · 0 NBFC-funded

Projects past their original RERA date

ProjectMonths overdueExtensionsBuilt · bookedComplaintsScore
Elegant Whispering Winds
Kanakapura Road / Talaghattapura / Banashankari 6th
691100% of schedule · —143
Elegant Exotica
Yelahanka / Jakkur / Airport corridor
662100% of schedule · —044
Elegant Exquisite
Mysore Road / RR Nagar / Kengeri
330100% of schedule · —039
Elegant Terraces
Mysore Road / RR Nagar / Kengeri
241100% of schedule · —043

Overdue is measured against the completion date in the original registration. Many are covered by extensions, which RERA grants for up to a year at a time.

Best-scored Elegant Builders projects

All 8 analysed Elegant Builders projects

ProjectScoreGrowth / yrNet-wealth CAGRCash-flow IRRPrice / sq ftPriceStatus
Elegant Takt
Elegant Builders · Yelahanka / Jakkur / Airport corridor
6211.0%7.2%11.2%₹7,700 est.₹92.4 LUnder construction
Dec 2028
Elegant Aura
Elegant Builders · Hebbal / Thanisandra / Nagawara
6110.2%6.1%8.4%₹8,950 est.₹96.7 LUnder construction
Jun 2027
Elegant Hermitage
Elegant Builders · Mysore Road / RR Nagar / Kengeri
469.3%4.2%5.8%₹7,000 est.₹86.5 LUnder construction
Mar 2027
Elegant Exotica
Elegant Builders · Yelahanka / Jakkur / Airport corridor
4410.1%5.8%7.2%₹7,700 est.₹1.16 CrUnder construction
Mar 2021
Elegant Mystic Elite
Elegant Builders · Kanakapura Road / Talaghattapura / Banashankari 6th
449.9%6.2%10.0%₹4,000 est.₹48.0 LUnder construction
Dec 2027
Elegant Whispering Winds
Elegant Builders · Kanakapura Road / Talaghattapura / Banashankari 6th
439.3%4.2%5.3%₹7,050 est.₹56.0 LUnder construction
Dec 2020
Elegant Terraces
Elegant Builders · Mysore Road / RR Nagar / Kengeri
439.5%3.7%4.8%₹6,750 est.₹1.29 CrUnder construction
Sep 2024
Elegant Exquisite
Elegant Builders · Mysore Road / RR Nagar / Kengeri
399.5%3.9%5.0%₹6,750 est.₹1.01 CrUnder construction
Dec 2023

Where Elegant Builders builds

Elegant Builders compared with other developers

Questions people ask

Is Elegant Builders a reliable builder?

Karnataka RERA filings as of September 11, 2026: 53% of registrations needed no extension; 4 of 8 under-construction projects are past their original completion date by 48 months on average; 5 extensions filed across 4 projects; 2 complaints on the promoter entity at K-RERA; 0 projects declare litigation. That is the public record; PropertyLens does not rate builders on opinion.

Which Elegant Builders project is the best investment?

Elegant Takt in Yelahanka / Jakkur / Airport corridor scores highest at 62/100 with projected growth 11.0% a year and cash-flow IRR 11.2%. The median Elegant Builders project scores 44.

Is Elegant Builders delaying possession?

4 under-construction Elegant Builders projects are past their original RERA completion date: Elegant Whispering Winds (69 months), Elegant Exotica (66 months), Elegant Exquisite (33 months), Elegant Terraces (24 months). Extensions filed with RERA are listed on each project page.

Where does Elegant Builders build in Bengaluru?

Mysore Road / RR Nagar / Kengeri (3), Yelahanka / Jakkur / Airport corridor (2), Kanakapura Road / Talaghattapura / Banashankari 6th (2), Hebbal / Thanisandra / Nagawara (1). Median price ₹7,050 per sq ft across analysed projects.

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.

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