# Brigade Padmini Tech Valley - Cloud — Brigade Group, Marathahalli / Kundalahalli / Varthur, Bengaluru

Source: https://property-lens.ai/p/brigade-padmini-tech-valley-cloud-006147 (PropertyLens). Analysis generated 2026-10-18 from Karnataka RERA filings, quarterly promoter updates, public ratings and dated locality evidence. Figures marked "assumed" are model estimates that visitors can edit on the page; "observed" figures come from a named source.

## Summary
- Investment score: 55/100 (50 = the average analysed Bengaluru project, 12 points = one standard deviation). Evidence confidence 57%.
- Projected price growth: 9.0% per year over 5 years (likely range 5.5%–12.4%); 8.2% per year over 10 years.
- Net-wealth CAGR: 3.6% per year over an 8-year hold with a 75% loan at 8.5%, interiors fitted. Cash-flow IRR: 4.8% (all-cash 6.7%). Gross rental yield: 2.5%.
- Status: under construction, RERA handover 2024-06-30. Type: apartment, premium segment. Developer: Brigade Group (#3 in Bengaluru by RERA registrations).
- Address: Sy No 10 & 12/2A , Siddapura Village, Varthur Hobli, Bengaluru East Taluk (earlier Bengaluru South Taluk) Bengaluru. Homes: 21. Land: 1.88 acres. Launched: 2020.
- RERA registrations: PRM/KA/RERA/1251/446/PR/110823/006147.

## Homes on offer

| Home | Carpet (sq ft) | Super built-up (sq ft) | Price per sq ft | Price | Rent per month |
|---|---|---|---|---|---|
| Commercial | 7,228 | 10,265 | ₹11,650 (assumed) | ₹11.96 Cr | ₹2,54,500 (assumed) |

## Score factors (this home vs the Bengaluru average)
- Price vs comparables: 5.8/10 (city average 6.2, −0.3 points), confidence 35%. ₹11,650 psf vs premium comps ₹12,000 (-3%; under-construction should price ~8% below ready). Price is a model estimate, so this factor carries a third of its normal weight until a listed price is observed.
- Rental demand & yield: 5.6/10 (city average 6.0, −0.7 points), confidence 38%. Gross yield 2.6% (₹25 psf/month); locality rental demand 9/10.
- Resale liquidity: 4.6/10 (city average 7.6, −5.2 points), confidence 50%. Locality resale depth 8/10; ticket ₹11.96 Cr narrows the buyer pool; UC resale needs builder NOC; 21-home project has thin resale comps.
- Employment access: 8.7/10 (city average 5.2, +7.1 points), confidence 85%. Drive times now (Google Maps, 2026-09-16): ITPL Whitefield 13 min, ORR Bellandur (Ecospace) 21 min, Koramangala (Forum) 38 min, MG Road (CBD) 39 min; 2 of 7 major hubs within 30 min; 7 msf office pipeline (3 yr).
- Metro, bus, rail & airport: 6.0/10 (city average 4.8, +2.2 points), confidence 60%. Purple Line Kundalahalli / Nallurhalli; ORR Blue Line stations ~2027; airport ~74 min by road now (Google Maps); .
- Schools, hospitals, daily needs: 8.5/10 (city average 7.0, +1.6 points), confidence 50%. Locality social-infrastructure index (interim, expert-set; POI distances pending Maps integration).
- Builder delivery & handover risk: 6.2/10 (city average 3.7, +6.3 points), confidence 70%. Brigade Group: 250+ projects, on-time 80% (observed); handover 2024-06-30 (RERA); 27 months past the RERA completion date, work on schedule (-5 pts).
- Layout, size, age, amenities, maintenance: 9.8/10 (city average 7.3, +3.1 points), confidence 55%. 11 units/acre; carpet/SBA ~72%; maintenance ~₹4.5 psf/month (assumed); filed construction cost ₹47,117 per sq ft (premium spec).
- Water, flooding, noise, infrastructure: 5.3/10 (city average 5.8, −0.9 points), confidence 50%. Varthur lake catchment; ORR congestion
- Legal, title & approvals: 6.9/10 (city average 7.4, −1.0 points), confidence 55%. RERA registered; litigation: none reported; approvals: Plan BBMP/Addl.Dir/JDNORTH/0055/21-22 dated 2022-09-29; title: not verified. Due-diligence report lists 2 red flags (−1.6 pts).
- Expected price growth (5-yr CAGR model): 4.8/10 (city average 6.0, −7.3 points), confidence 56%. Model 5-yr price CAGR 9.0% (range 5.5–12.4%).

## Why prices should grow about 9.0% a year
- + 6.0%: Start with 6.0% a year: the normal long-run growth of Bengaluru home prices.
- + 0.8%: Add 0.8%: prices here rose 11.6% a year recently (2023-06 to 2026-06). Some of that pace continues, but it fades each year.
- + 0.0%: Prices are still affordable enough that this does not slow growth.
- + 1.3%: Add 1.3%: 7 million sq ft of new offices nearby means more people wanting homes here.
- + 0.5%: Add 0.5%: few unsold homes in the area (12 months of stock), so sellers have the upper hand.
- + 0.2%: Add 0.2% for new roads, metro and water lines, weighted by how likely they are to actually finish: Blue Line KR Puram–Hebbal–Airport (construction, 2027); Purple Line Whitefield extension (2023) (operational, 2023); Peripheral Ring Road (planned, 2030).
- + 0.2%: Add 0.2% for this project itself: unfinished homes are worth more once they are complete.
- = 9.0%: Result: about 9.0% a year, so a home worth ₹12.38 Cr today would be worth about ₹19.02 Cr in 5 years. We are 56% confident in the evidence behind this.

## Returns over 8 years
- Cash put in: ₹11.18 Cr. Exit value in year 8: ₹23.65 Cr. Net sale after loan and costs: ₹15.67 Cr. Net rent after running costs: ₹1.51 Cr. Loan: ₹9.75 Cr (EMI ₹8.5 L per month). All-in cost: ₹15.04 Cr (other charges ₹41.9 L, GST ₹61.9 L, stamp duty and registration ₹81.7 L, interiors ₹1.23 Cr).

## Exit plans compared
- Sell at handover, no interiors (1 years): IRR -26.1%, net-wealth CAGR -26.1%, cash in ₹4.11 Cr, net rent ₹6.0 L, net sale ₹4.00 Cr.
- Hold bare, rent unfurnished (8 years): IRR 6.6%, net-wealth CAGR 4.8%, cash in ₹10.18 Cr, net rent ₹1.24 Cr, net sale ₹15.57 Cr. Best IRR.
- Hold, do interiors, rent & sell fitted (8 years): IRR 4.8%, net-wealth CAGR 3.6%, cash in ₹11.18 Cr, net rent ₹1.51 Cr, net sale ₹15.67 Cr.

## Financial and legal due diligence (public record)
Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/110823/006147. Prices and rents are locality estimates, not verified listings.

### At a glance
- [POSITIVE] On its original RERA completion date: 2024-06-30
- 95% built per the latest filing
- [WATCH] No RERA complaints on this project; 43 on the promoter overall
- [POSITIVE] No litigation declared in RERA filings

### Risk meters (rule-based)
- Delivery timeline: 8/10. a registration completion date has already passed (−2); project reported ≥95% complete
- Legal & complaints: 8/10. land litigation declared “Yes” on a registration (−1)
- Money to finish: 8/10. finance cost is 3% of the registered budget
- Developer strength: 9/10. ICRA AA/Stable (Brigade Enterprises Ltd)

### Red flags to resolve in writing
1. RERA completion date 2024-06-30 has passed without a completion application.
2. Joint-development land: confirm which units fall in the owners’ share.

### Complaints and disputes
- 0 complaints on this project at K-RERA (0 open); 43 on the promoter entity across projects.

### Credit ratings
- Brigade Enterprises Ltd: ICRA AA / Stable (2025-07)

### Questions to put to the developer
1. Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
2. Confirm the price list, floor-rise and other charges for the exact unit.
3. Which date is contractual — 2024-06-30 — and what is the per-month delay compensation?
4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
5. What is the land owners’ share of built area and is the unit in the developer’s share?

### Filed record
**RERA file · Registration**
- Registration: PRM/KA/RERA/1251/446/PR/110823/006147 · promoter Brigade Enterprises Ltd (Company) · L85110KA1995PLC019126
- Dates: Start 2020-10-15 · original completion 2024-06-30 · no extensions · current date has passed [red]
- Progress: 95% complete per registration-time status
- Registered cost: Total ₹111 cr · construction ₹91.95 cr · bank principal+interest ₹3.82 cr
- Borrowing / mortgage declared: Borrowing: Yes
- RERA bank account: Axis Bank, Malleshwaram Branch (70% construction account)
- Plan sanction: BBMP/Addl.Dir/JDNORTH/0055/21-22 dated 2022-09-29 · BBMP - Bruhat Bengaluru Mahanagara Palike
- Land & towers: 1.88 acres (7,599 sq m) · Brigade Padmini Tech Valley - Cloud 21 homes, 10 floors
- Land owners / co-promoters: N Surekha and Others (50.0%, Sy 12/2A) [amber]
- Litigation declared: None declared in filings [green]
- K-RERA complaints: 0 on this registration (0 open) · 43 on the promoter entity across all its projects [green]
- Completion applied: 19/12/2020

### Sources and caveats
- Karnataka RERA project record PRM/KA/RERA/1251/446/PR/110823/006147 (registration file, quarterly updates, complaint register), fetched 2026-09-15
- PropertyLens locality model (market-level estimates)
- Caveats: Automated analysis: prices, rents and travel times are estimates until listings and Maps data are verified. RERA figures are the promoter’s own filings. Nothing here is legal, tax or investment advice.

## Assumptions used
- Price ₹11,650 per sq ft × 10,265 sq ft; other charges 3.5%; GST 5%; stamp duty + registration 6.6%; loan 75% at 8.5% for 20 years; rent ₹2,54,500 per month growing 5.0% a year with 5% vacancy; maintenance ₹4.5 per sq ft per month; hold 8 years; selling costs 1.5%.

Related: index of all analysed projects at https://property-lens.ai/llms.txt; JSON for this project at https://property-lens.ai/data/p/brigade-padmini-tech-valley-cloud-006147.json; printable due-diligence report at https://property-lens.ai/dd/brigade-padmini-tech-valley-cloud-006147.

PropertyLens scores and projections are model outputs built from dated public evidence and stated assumptions; they are not investment advice.