PropertyLensBengaluru · invest
Developer scorecard · #34 in Bengaluru by RERA registrations

Is Merusri Developers a reliable builder?

14 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

Merusri Developers in one paragraph

Merusri Developers has a strong delivery record in Karnataka RERA filings: 75% of registrations needed no extension (11 of 14 crawled Bengaluru registrations needed no extension). 4 of 10 under-construction projects are past their original RERA completion date, by 34 months on average (worst 48). The promoter entity carries 6 complaints at K-RERA across its projects. The median Merusri Developers project scores 52/100 on investment merit (below the Bengaluru average); the best, Merusri Serenova, scores 63.

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
14
4 ready · 10 under construction
On-time rate
75%
registrations with no extension filed
Past RERA date
4 / 10
avg 34 months over
Extensions filed
4
3 projects
Promoter complaints
6
K-RERA, across projects
Red flags
13
across due-diligence reports
Median score
52
best 63
Median growth / yr
11.4%
5-yr projection
Median price / sq ft
₹3,450
mid segment
Litigation declared
0
8 JDA · 0 NBFC-funded

Projects past their original RERA date

ProjectMonths overdueExtensionsBuilt · bookedComplaintsScore
Merusri Serene
Devanahalli / Airport Road / Bagalur
482100% of schedule · —234
Merusri Sanctuary
Devanahalli / Airport Road / Bagalur
431100% of schedule · —138
Merusri Sunlit Grove
Devanahalli / Airport Road / Bagalur
300100% of schedule · —237
Merusri Sunlit Grove Annexe
Devanahalli / Airport Road / Bagalur
150100% of schedule · —238

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 Merusri Developers projects

All 14 analysed Merusri Developers projects

ProjectScoreGrowth / yrNet-wealth CAGRCash-flow IRRPrice / sq ftPriceStatus
Merusri Serenova
Merusri Developers · Yelahanka / Jakkur / Airport corridor
6313.0%12.0%20.5%₹4,250 est.₹51.0 LUnder construction
Dec 2030
Merusri Sienna II
Merusri Developers · Devanahalli / Airport Road / Bagalur
5412.5%12.6%21.6%₹3,350 est.₹40.2 LUnder construction
Dec 2031
Merusri Sienna 1
Merusri Developers · Devanahalli / Airport Road / Bagalur
5412.5%12.6%21.6%₹3,350 est.₹40.2 LUnder construction
Dec 2031
Classic Merusri Canaan Phase - II
Merusri Developers · Devanahalli / Airport Road / Bagalur
5211.7%10.6%18.3%₹3,450 est.₹41.4 LUnder construction
Dec 2030
vibrant Merusri Satyavan
Merusri Developers · Devanahalli / Airport Road / Bagalur
5211.0%6.8%9.6%₹3,600 est.₹43.2 LReady
Merusri Satyavan
Merusri Developers · Devanahalli / Airport Road / Bagalur
5211.0%6.8%9.6%₹3,600 est.₹43.2 LReady
Merusri Springs Phase 2
Merusri Developers · Devanahalli / Airport Road / Bagalur
5211.0%6.8%9.6%₹3,600 est.₹43.2 LReady
Merusri Springs Phase 1
Merusri Developers · Devanahalli / Airport Road / Bagalur
5211.0%6.8%9.6%₹3,600 est.₹43.2 LReady
Merusri Swamy Orchards
Merusri Developers · Devanahalli / Airport Road / Bagalur
4911.2%9.4%15.9%₹3,450 est.₹54.3 LUnder construction
Mar 2030
Merusri Sunscape
Merusri Developers · Devanahalli / Airport Road / Bagalur
4610.8%5.7%9.8%₹6,100 est.₹1.25 CrUnder construction
Mar 2030
Merusri Sanctuary
Merusri Developers · Devanahalli / Airport Road / Bagalur
3811.4%7.2%10.3%₹3,350 est.₹40.2 LUnder construction
Jan 2023
Merusri Sunlit Grove Annexe
Merusri Developers · Devanahalli / Airport Road / Bagalur
3811.4%7.2%10.3%₹3,350 est.₹40.2 LUnder construction
Jun 2025
Merusri Sunlit Grove
Merusri Developers · Devanahalli / Airport Road / Bagalur
3711.4%7.2%10.3%₹3,350 est.₹44.2 LUnder construction
Mar 2024
Merusri Serene
Merusri Developers · Devanahalli / Airport Road / Bagalur
3411.4%7.2%10.3%₹3,350 est.₹40.2 LUnder construction
Sep 2022

Where Merusri Developers builds

Merusri Developers compared with other developers

Questions people ask

Is Merusri Developers a reliable builder?

Karnataka RERA filings as of September 11, 2026: 75% of registrations needed no extension; 4 of 10 under-construction projects are past their original completion date by 34 months on average; 4 extensions filed across 3 projects; 6 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 Merusri Developers project is the best investment?

Merusri Serenova in Yelahanka / Jakkur / Airport corridor scores highest at 63/100 with projected growth 13.0% a year and cash-flow IRR 20.5%. The median Merusri Developers project scores 52.

Is Merusri Developers delaying possession?

4 under-construction Merusri Developers projects are past their original RERA completion date: Merusri Serene (48 months), Merusri Sanctuary (43 months), Merusri Sunlit Grove (30 months), Merusri Sunlit Grove Annexe (15 months). Extensions filed with RERA are listed on each project page.

Where does Merusri Developers build in Bengaluru?

Devanahalli / Airport Road / Bagalur (13), Yelahanka / Jakkur / Airport corridor (1). Median price ₹3,450 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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