Is Icon Infra Shelters a reliable builder?
5 Bengaluru projects analysed from Karnataka RERA filings, quarterly updates and the K-RERA complaint register, as of September 11, 2026.
Icon Infra Shelters in one paragraph
Icon Infra Shelters has a mixed delivery record in Karnataka RERA filings: 60% of registrations needed no extension (3 of 5 crawled Bengaluru registrations needed no extension). 3 of 4 under-construction projects are past their original RERA completion date, by 59 months on average (worst 93). No complaints are recorded against the promoter entity at K-RERA. The median Icon Infra Shelters project scores 41/100 on investment merit (below the Bengaluru average); the best, Iconest 5, scores 52.
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 past their original RERA date
| Project | Months overdue | Extensions | Built · booked | Complaints | Score |
|---|---|---|---|---|---|
| Icon Sanctuary Sarjapur Road | 93 | 0 | 100% of schedule · — | 0 | 41 |
| Iconest 5 HSR Layout / BTM / Koramangala fringe | 42 | 0 | 100% of schedule · — | 0 | 52 |
| Iconest4 Sarjapur Road | 41 | 1 | 100% of schedule · — | 0 | 26 |
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 Icon Infra Shelters projects
All 5 analysed Icon Infra Shelters projects
| Project | Score | Growth / yr | Net-wealth CAGR | Cash-flow IRR | Price / sq ft | Price | Status |
|---|---|---|---|---|---|---|---|
| Iconest 5 Icon Infra Shelters · HSR Layout / BTM / Koramangala fringe | 52 | 9.2% | 5.0% | 6.3% | ₹10,350 est. | ₹1.55 Cr | Under construction Mar 2023 |
| Grand Icon 3 Icon Infra Shelters · Electronic City / Hosur Road / Bommasandra | 44 | 9.1% | 4.3% | 6.2% | ₹3,400 est. | ₹40.8 L | Ready |
| Icon Sanctuary Icon Infra Shelters · Sarjapur Road | 41 | 11.9% | 7.8% | 11.0% | ₹4,650 est. | ₹55.8 L | Under construction Dec 2018 |
| Icon Micasa Icon Infra Shelters · Electronic City / Hosur Road / Bommasandra | 36 | 8.2% | 2.7% | 3.5% | ₹6,000 est. | ₹49.2 L | Under construction Dec 2026 |
| Iconest4 Icon Infra Shelters · Sarjapur Road | 26 | 9.3% | 5.7% | 7.0% | ₹8,450 est. | ₹68.9 L | Under construction Apr 2023 |
Where Icon Infra Shelters builds
Icon Infra Shelters compared with other developers
Questions people ask
Is Icon Infra Shelters a reliable builder?
Karnataka RERA filings as of September 11, 2026: 60% of registrations needed no extension; 3 of 4 under-construction projects are past their original completion date by 59 months on average; 3 extensions filed across 2 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 Icon Infra Shelters project is the best investment?
Iconest 5 in HSR Layout / BTM / Koramangala fringe scores highest at 52/100 with projected growth 9.2% a year and cash-flow IRR 6.3%. The median Icon Infra Shelters project scores 41.
Is Icon Infra Shelters delaying possession?
3 under-construction Icon Infra Shelters projects are past their original RERA completion date: Icon Sanctuary (93 months), Iconest 5 (42 months), Iconest4 (41 months). Extensions filed with RERA are listed on each project page.
Where does Icon Infra Shelters build in Bengaluru?
Electronic City / Hosur Road / Bommasandra (2), Sarjapur Road (2), HSR Layout / BTM / Koramangala fringe (1). Median price ₹6,000 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.