PropertyLensBengaluru · invest
Developer scorecard · #100 in Bengaluru by RERA registrations

Is Mahendra Homes a reliable builder?

5 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

Mahendra Homes in one paragraph

Mahendra Homes has a mixed delivery record in Karnataka RERA filings: 72% of registrations needed no extension (4 of 5 crawled Bengaluru registrations needed no extension). 1 of 3 under-construction projects are past their original RERA completion date, by 57 months on average (worst 57). The promoter entity carries 10 complaints at K-RERA across its projects. The median Mahendra Homes project scores 41/100 on investment merit (below the Bengaluru average); the best, M5 Echelon, scores 47.

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
5
2 ready · 3 under construction
On-time rate
72%
registrations with no extension filed
Past RERA date
1 / 3
avg 57 months over
Extensions filed
1
1 projects
Promoter complaints
10
K-RERA, across projects
Red flags
4
across due-diligence reports
Median score
41
best 47
Median growth / yr
8.0%
5-yr projection
Median price / sq ft
₹5,850
mid segment
Litigation declared
0
2 JDA · 0 NBFC-funded

Projects past their original RERA date

ProjectMonths overdueExtensionsBuilt · bookedComplaintsScore
Mahendra AARNA 5
Electronic City / Hosur Road / Bommasandra
571100% of schedule · —131

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 Mahendra Homes projects

All 5 analysed Mahendra Homes projects

ProjectScoreGrowth / yrNet-wealth CAGRCash-flow IRRPrice / sq ftPriceStatus
M5 Echelon
Mahendra Homes · Electronic City / Hosur Road / Bommasandra
479.1%4.3%8.7%₹5,850 est.₹84.5 LUnder construction
Dec 2031
Mahendra Aarya
Mahendra Homes · Electronic City / Hosur Road / Bommasandra
427.5%3.6%4.5%₹6,200 est.₹62.9 LReady
Mahendra AARNA
Mahendra Homes · Electronic City / Hosur Road / Bommasandra
417.6%3.6%4.5%₹6,200 est.₹74.1 LReady
Mahendra Solterra Aarya Phase-2
Mahendra Homes · Electronic City / Hosur Road / Bommasandra
418.6%3.4%6.3%₹5,850 est.₹84.2 LUnder construction
Dec 2030
Mahendra AARNA 5
Mahendra Homes · Electronic City / Hosur Road / Bommasandra
318.0%2.1%2.6%₹5,850 est.₹87.8 LUnder construction
Dec 2021

Where Mahendra Homes builds

Mahendra Homes compared with other developers

Questions people ask

Is Mahendra Homes a reliable builder?

Karnataka RERA filings as of September 11, 2026: 72% of registrations needed no extension; 1 of 3 under-construction projects are past their original completion date by 57 months on average; 1 extensions filed across 1 projects; 10 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 Mahendra Homes project is the best investment?

M5 Echelon in Electronic City / Hosur Road / Bommasandra scores highest at 47/100 with projected growth 9.1% a year and cash-flow IRR 8.7%. The median Mahendra Homes project scores 41.

Is Mahendra Homes delaying possession?

1 under-construction Mahendra Homes projects are past their original RERA completion date: Mahendra AARNA 5 (57 months). Extensions filed with RERA are listed on each project page.

Where does Mahendra Homes build in Bengaluru?

Electronic City / Hosur Road / Bommasandra (5). Median price ₹5,850 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.

Share on WhatsApp