PropertyLensBengaluru · invest
Developer scorecard · #28 in Bengaluru by RERA registrations

Is Elite Estates a reliable builder?

15 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

Elite Estates in one paragraph

Elite Estates has a strong delivery record in Karnataka RERA filings: 93% of registrations needed no extension (15 of 15 crawled Bengaluru registrations needed no extension). 4 of 9 under-construction projects are past their original RERA completion date, by 32 months on average (worst 68). No complaints are recorded against the promoter entity at K-RERA. The median Elite Estates project scores 54/100 on investment merit (below the Bengaluru average); the best, Primetownn Phase 1, scores 64.

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
15
6 ready · 9 under construction
On-time rate
93%
registrations with no extension filed
Past RERA date
4 / 9
avg 32 months over
Extensions filed
0
0 projects
Promoter complaints
0
K-RERA, across projects
Red flags
16
across due-diligence reports
Median score
54
best 64
Median growth / yr
11.0%
5-yr projection
Median price / sq ft
₹3,350
mid segment
Litigation declared
0
12 JDA · 0 NBFC-funded

Projects past their original RERA date

ProjectMonths overdueExtensionsBuilt · bookedComplaintsScore
Elite Canterbury
Doddaballapur Road / Nelamangala / Dabaspet
680100% of schedule · —029
Elite Pristine
Yelahanka / Jakkur / Airport corridor
280100% of schedule · —047
Elite Serenity Phase 1
Devanahalli / Airport Road / Bagalur
160100% of schedule · —041
Elite Serenity Phase 2
Devanahalli / Airport Road / Bagalur
160100% of schedule · —041

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 Elite Estates projects

All 15 analysed Elite Estates projects

ProjectScoreGrowth / yrNet-wealth CAGRCash-flow IRRPrice / sq ftPriceStatus
Primetownn Phase 1
Elite Estates · Electronic City / Hosur Road / Bommasandra
6411.0%9.1%15.8%₹3,200 est.₹37.1 LUnder construction
Dec 2030
Lakecity Phase 1
Elite Estates · Electronic City / Hosur Road / Bommasandra
6011.0%9.1%15.8%₹3,200 est.₹37.8 LUnder construction
Dec 2030
Elite Sai Gardens Phase 5
Elite Estates · Devanahalli / Airport Road / Bagalur
5813.5%10.1%15.9%₹3,350 est.₹65.3 LUnder construction
Dec 2027
Elite Woods Phase 1
Elite Estates · Devanahalli / Airport Road / Bagalur
5511.0%6.8%9.6%₹3,600 est.₹43.2 LReady
Elite Sai Gardens Phase 4
Elite Estates · Devanahalli / Airport Road / Bagalur
5511.0%6.8%9.6%₹3,600 est.₹43.2 LReady
Elite Park Phase 5
Elite Estates · Devanahalli / Airport Road / Bagalur
5411.0%6.8%9.6%₹3,600 est.₹40.5 LReady
Elite Rose Phase 3
Elite Estates · Devanahalli / Airport Road / Bagalur
5411.0%6.8%9.6%₹3,600 est.₹30.6 LReady
Elite Rose Phase 2
Elite Estates · Devanahalli / Airport Road / Bagalur
5411.0%6.8%9.6%₹3,600 est.₹28.3 LReady
Elite Park Phase 4
Elite Estates · Devanahalli / Airport Road / Bagalur
5411.0%6.8%9.6%₹3,600 est.₹26.8 LReady
Elite Park - Phase 1
Elite Estates · Devanahalli / Airport Road / Bagalur
5411.4%7.2%10.3%₹3,350 est.₹50.1 LUnder construction
Dec 2026
Elite Park Phase 2
Elite Estates · Devanahalli / Airport Road / Bagalur
5312.5%8.2%11.6%₹3,350 est.₹40.2 LUnder construction
Dec 2026
Elite Pristine
Elite Estates · Yelahanka / Jakkur / Airport corridor
4711.6%7.5%10.7%₹4,250 est.₹57.2 LUnder construction
May 2024
Elite Serenity Phase 1
Elite Estates · Devanahalli / Airport Road / Bagalur
4111.4%7.2%10.3%₹3,350 est.₹41.4 LUnder construction
May 2025
Elite Serenity Phase 2
Elite Estates · Devanahalli / Airport Road / Bagalur
4111.4%7.2%10.3%₹3,350 est.₹38.7 LUnder construction
May 2025
Elite Canterbury
Elite Estates · Doddaballapur Road / Nelamangala / Dabaspet
2910.9%6.3%9.0%₹2,350 est.₹28.2 LUnder construction
Dec 2020

Where Elite Estates builds

Elite Estates compared with other developers

Questions people ask

Is Elite Estates a reliable builder?

Karnataka RERA filings as of September 11, 2026: 93% of registrations needed no extension; 4 of 9 under-construction projects are past their original completion date by 32 months on average; 0 extensions filed across 0 projects; 0 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 Elite Estates project is the best investment?

Primetownn Phase 1 in Electronic City / Hosur Road / Bommasandra scores highest at 64/100 with projected growth 11.0% a year and cash-flow IRR 15.8%. The median Elite Estates project scores 54.

Is Elite Estates delaying possession?

4 under-construction Elite Estates projects are past their original RERA completion date: Elite Canterbury (68 months), Elite Pristine (28 months), Elite Serenity Phase 1 (16 months), Elite Serenity Phase 2 (16 months). Extensions filed with RERA are listed on each project page.

Where does Elite Estates build in Bengaluru?

Devanahalli / Airport Road / Bagalur (11), Electronic City / Hosur Road / Bommasandra (2), Yelahanka / Jakkur / Airport corridor (1), Doddaballapur Road / Nelamangala / Dabaspet (1). Median price ₹3,350 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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