Radiance Gardenia
Score, growth and returns below are for the highlighted home and plan. Prices, rent and possession never mix across phases.
Price edits apply to ·
All-in cost sheet this home, default assumptions
| Item | Basis | Amount |
|---|---|---|
| Base price | ₹8,500 per sq ft × 385 sq ft super built-up | 32.7 L |
| Other charges | 3.5% of base: floor-rise, preferred-location, car park, club, maintenance deposit, legal, corpus (edit in Assumptions) | 1.1 L |
| GST | 0.0% on an under-construction home (this unit may qualify for the 1% affordable rate: ≤ ₹45 lakh and ≤ 60 sq m carpet) — none is due on a ready home with an occupancy certificate, set GST to 0 if buying after OC | 0.0 L |
| Stamp duty and registration | 6.6% in Karnataka: 5% stamp duty + 1% registration + cess and surcharge on the agreement value | 2.2 L |
| Interiors | ₹800 per sq ft, needed before the home can be let | 3.1 L |
| All-in cost | what leaves your pocket and the bank's, before rent or resale | ₹39.5 L |
| Your own money | 75.0% loan at 8.5% for 20 years covers the rest; EMI 0.2 L a month | ₹25.6 L |
Carpet area 284 sq ft against 385 sq ft super built-up: you pay for 26% that is common area and walls. Price per sq ft of carpet ≈ ₹11,523. Every percentage above is editable in Assumptions; the defaults are Karnataka rates as of 2026-09.
In plain words
Each home is marked on 11 things a careful buyer checks, then compared with every project we analyse in Bengaluru: 50 is the average project, 62 beats about five in six. Here is what lifts this one and what drags it:
- +Rental demand & yield · 6/8 pts
Rent pays back 4.3% of the price every year, better than the usual 3% in Bengaluru. Tenant demand here is very strong. - +Resale liquidity · 3/4 pts
Plenty of buyers can afford a ₹32.7 L home, and homes in Hennur Road / Kothanur / Kalyan Nagar resell at a normal pace. - +Builder delivery & handover risk · 9/16 pts
Radiance Realty has finished 7+ projects and delivered on time about 88% of the time. This home is ready, so there is no waiting risk. - −Expected price growth (5-yr CAGR model) · -6/26 pts
We expect prices here to rise about 9.1% a year for the next 5 years (explained below). - −Price vs comparables · -0/3 pts
Priced about the same as similar mid homes nearby (₹8,500 vs ~₹8,500 per sq ft). - −Water, flooding, noise, infrastructure · 0/9 pts
Some flood risk in heavy rain; water supply is partly piped, partly tankers; noise is manageable.
All 11 checks
- •Price vs comparables · -0/3 pts
Priced about the same as similar mid homes nearby (₹8,500 vs ~₹8,500 per sq ft). - +Rental demand & yield · 6/8 pts
Rent pays back 4.3% of the price every year, better than the usual 3% in Bengaluru. Tenant demand here is very strong. - +Resale liquidity · 3/4 pts
Plenty of buyers can afford a ₹32.7 L home, and homes in Hennur Road / Kothanur / Kalyan Nagar resell at a normal pace. - •Employment access · 3/10 pts
Drive times right now: Manyata Tech Park 19 min, Hebbal (Kirloskar) 26 min, ITPL Whitefield 38 min; Electronic City Ph-1 72 min. About 6 million sq ft of new offices are planned nearby in 3 years. - •Metro, bus, rail & airport · 1/9 pts
No working metro nearby (nearest 4 km). Airport is about 41 minutes by road right now. - +Schools, hospitals, daily needs · 1/3 pts
Schools, hospitals and daily shopping are good in this area. - +Builder delivery & handover risk · 9/16 pts
Radiance Realty has finished 7+ projects and delivered on time about 88% of the time. This home is ready, so there is no waiting risk. - +Layout, size, age, amenities, maintenance · 1/3 pts
Spacious layout (25 homes per acre); about 72% of the area you pay for is usable carpet area. Maintenance ~₹3.5 per sq ft a month. - •Water, flooding, noise, infrastructure · 0/9 pts
Some flood risk in heavy rain; water supply is partly piped, partly tankers; noise is manageable. - +Legal, title & approvals · 2/5 pts
Registered with Karnataka RERA; no court cases reported; land title not yet verified by us, so get a lawyer to check. The due-diligence report below flags 0 items in red. - •Expected price growth (5-yr CAGR model) · -6/26 pts
We expect prices here to rise about 9.1% a year for the next 5 years (explained below).
We build the forecast step by step, starting from what Bengaluru homes normally do and adjusting for this area and this project:
- + 6.0%Start with 6.0% a year: the normal long-run growth of Bengaluru home prices.
- + 1.0%Add 1.0%: prices here rose 12.9% a year recently (2023-06 to 2026-06). Some of that pace continues, but it fades each year.
- − 0.2%Subtract 0.2%: at ₹8,500 per sq ft, fewer families can afford to buy here, which slows further rises.
- + 1.8%Add 1.8%: 6 million sq ft of new offices nearby means more people wanting homes here.
- + 0.0%Supply and demand are balanced here (16 months of unsold stock).
- + 0.2%Add 0.2% for new roads, metro and water lines, weighted by how likely they are to actually finish: Pink Line Kalena Agrahara–Nagawara (construction, 2027); Blue Line KR Puram–Hebbal–Airport (construction, 2027).
- + 0.3%No extra project-level adjustment.
- = 9.1%Result: about 9.1% a year, so a home worth ₹33.9 L today would be worth about ₹52.4 L in 5 years. We are 56% confident in the evidence behind this.
Which exit suits you?
Interiors change both the rent you get and what you recover at sale. Same price, same loan; only the strategy changes:
| Strategy | Hold | IRR / yr | Wealth CAGR / yr | Cash you put in | Net rent | Net sale | Apply |
|---|---|---|---|---|---|---|---|
| No interiors, rent unfurnished best IRR Skip interiors; rent 12% lower than a fitted home; sell after 8 yrs with no interiors value. | 8 yrs | 10.3% | 8.0% | ₹23.6 L | ₹7.2 L | ₹45.1 L | |
| Do interiors, rent & sell fitted selected Spend ₹800/sq ft on interiors, earn full rent, recover ~40% of interiors cost at sale (fading over 10 yrs). | 8 yrs | 8.6% | 7.0% | ₹25.6 L | ₹8.5 L | ₹45.3 L |
IRR and CAGR are per year over the hold shown. A short hold can show a high IRR on a small absolute gain; compare the net-sale column too. Selling before registration usually needs the builder’s transfer NOC and a fee.
Highlights
- Radiance Realty · Hennur Road / Kothanur / Kalyan Nagar · 294 homes on 11.6 acres
- Marked completed on RERA (completion date 2027-12-31)
- No litigation declared · 1 complaints on this registration
Assumptions editable
Purchase
FinancingLoan 75% · cash 25% · EMI ₹22,045/mo
Rent & running costs
Interiors & exit
Returns over 8 years · with interiors
| Year | Purchase | Loan in | Rent (net of vacancy) | Opex | Debt service | Sale − loan | Net cash |
|---|---|---|---|---|---|---|---|
| Today | -39.7 L | 25.4 L | 0.0 L | 0.0 L | 0.0 L | 0.0 L | -14.2 L |
| Yr 1 | 0.0 L | 0.0 L | 0.9 L | -0.4 L | -2.6 L | 0.0 L | -2.1 L |
| Yr 2 | 0.0 L | 0.0 L | 1.4 L | -0.5 L | -2.6 L | 0.0 L | -1.7 L |
| Yr 3 | 0.0 L | 0.0 L | 1.5 L | -0.5 L | -2.6 L | 0.0 L | -1.6 L |
| Yr 4 | 0.0 L | 0.0 L | 1.6 L | -0.5 L | -2.6 L | 0.0 L | -1.6 L |
| Yr 5 | 0.0 L | 0.0 L | 1.7 L | -0.5 L | -2.6 L | 0.0 L | -1.5 L |
| Yr 6 | 0.0 L | 0.0 L | 1.7 L | -0.6 L | -2.6 L | 0.0 L | -1.5 L |
| Yr 7 | 0.0 L | 0.0 L | 1.8 L | -0.6 L | -2.6 L | 0.0 L | -1.4 L |
| Yr 8 | 0.0 L | 0.0 L | 1.9 L | -0.6 L | -2.6 L | 45.3 L | 44.0 L |
Pre-tax unless capital-gains tax is set. Rent enters the cash flows once. Net-wealth CAGR = (cash returned incl. sale ÷ cash put in)^(1/years) − 1. IRR uses the dated cash flows.
Score factors
Bars show points added or taken away versus the average analysed Bengaluru project (score 50).
Price growth model, year by year
Nominal growth per year. Parts add up; momentum fades, infrastructure is weighted by delivery probability and dated.
| Component | Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 | Yr 6 | Confidence |
|---|---|---|---|---|---|---|---|
| Bengaluru long-run nominal trend | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 80% |
| Locality momentum (mean-reverting) | 2.4 | 1.3 | 0.7 | 0.4 | 0.2 | 0.1 | 45% |
| Affordability ceiling | -0.3 | -0.2 | -0.2 | -0.1 | -0.1 | -0.1 | 60% |
| Employment access & office pipeline | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 55% |
| Supply–demand balance | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 50% |
| Infrastructure delivery (probability-weighted) | 0.5 | 0.5 | 0.0 | 0.0 | 0.0 | 0.2 | 55% |
| Project-specific adjustments | 0.4 | 0.4 | 0.4 | 0.0 | 0.0 | 0.0 | 50% |
| Total growth | 10.8% | 9.8% | 8.8% | 8.1% | 8.0% | 8.1% | 56% |
Bengaluru long-run nominal trend: City-wide 2013-25 nominal residential trend ≈ inflation + real income growth.
Locality momentum (mean-reverting): Trailing 3.0-yr locality CAGR 12.9% vs 6.0% trend; 35% carried forward, halving each year.
Affordability ceiling: Ticket at ₹8,500 psf vs city median ₹9,500; buyer pool thins above ₹15k/₹20k psf and after >6pp excess growth.
Employment access & office pipeline: 6 msf office pipeline (3 yr) on 20 msf stock; 30-min jobs index 0.75.
Supply–demand balance: 16 months of unsold inventory; new-launch/absorption ratio 1.01 (from 26 under-construction RERA filings in this locality: 2,249 unsold homes, 140.4 sold per month).
Infrastructure delivery (probability-weighted): Pink Line Kalena Agrahara–Nagawara (construction, 2027, p=0.6); Blue Line KR Puram–Hebbal–Airport (construction, 2027, p=0.65); Phase 3A Sarjapur–Hebbal (planned, 2033, p=0.45)
Project-specific adjustments: Building age 0 yrs. Sales pace from RERA filings: 100% of 294 homes booked with 74% of the build timeline elapsed (pace ratio 1.35); fast sellers re-rate, slow sellers discount.
Locality evidence: ₹7,500 (Jun 2023) → ₹10,800 (Jun 2026) = 12.9% p.a. Sources: Platform estimate (interim, not observed).
What the public record says
Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/091122/005430 and 3 quarterly filings. Prices and rents are locality estimates, not verified listings. Compiled Sep 2026 from the Karnataka RERA file, company registers, rating agencies, tribunal records and press. Facts only; anything that deserves a written answer before signing is flagged.
Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.
- Earth work and other leveling preparation 100%
- Foundation footing work100%
- Upto Plinth Level100%
- Sub-structure flooring 100%
- Retaining wall 100%
- RCC or MS Framed structure100%
No public credit rating located for the promoter.
RADIANCE REALTY DEVELOPERS INDIA LIMETED: no public rating located
Delivered. RERA registration ran 2023-01-01 → 2027-12-31
1 RERA complaints on this project; 1 on the promoter overall
No litigation declared in RERA filings
RERA file · Registration
Red flags to resolve in writing
Questions to put to the developer before you sign
- Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
- Confirm the price list, floor-rise and other charges for the exact unit.
- Provide the occupancy certificate, khata and title chain for the unit.
- Confirm there is no litigation on the land or approvals beyond the RERA declaration.
- Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line1 sections · 13 items
RERA file · Registration
Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/091122/005430, fetched 2026-09-15. Figures are the promoter’s own filings.
Sources & caveats2 sources
- Karnataka RERA project record PRM/KA/RERA/1251/446/PR/091122/005430 (registration file, quarterly updates, complaint register), fetched 2026-09-15
- PropertyLens locality model (market-level estimates)
- Karnataka RERA project records PRM/KA/RERA/1251/446/PR/091122/005430 (registration file, quarterly updates, complaint register), fetched Sep 2026.
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.
Evidence
Location, jobs & transit3 hubs · metro 4.0 km
| Destination | Drive now | Road km |
|---|---|---|
| Manyata Tech Park | 19 min | 5.8 |
| Hebbal (Kirloskar) | 26 min | 8.5 |
| ITPL Whitefield | 38 min | 13.1 |
| MG Road (CBD) | 38 min | 13 |
| Kempegowda Airport (KIA) | 41 min | 14.2 |
| Koramangala (Forum) | 48 min | 17 |
| ORR Bellandur (Ecospace) | 49 min | 17.2 |
| Electronic City Ph-1 | 72 min | 26 |
Google Maps driving time with live traffic, measured Sep 2026. Refreshed monthly.
Location used: Google Maps match “”. Bus coverage and planned-station distances are still interim estimates.
Price historylocality 12.9%/yr
No dated project-level price series yet; only the latest observation is on file.
| Date | ₹ psf | Source | Confidence | Kind |
|---|---|---|---|---|
| Jun 2021 | 5,800 | Platform estimate (interim, not observed) | 40% | derived |
| Jun 2023 | 7,500 | Platform estimate (interim, not observed) | 45% | derived |
| Jun 2025 | 9,500 | Platform estimate (interim, not observed) | 50% | derived |
| Jun 2026 | 10,800 | Platform estimate (interim, not observed) | 50% | derived |
Model backtest on this locality: 1-yr hold-out (Jun 2025→Jun 2026): predicted ₹10,445 vs actual ₹10,800 (-3.3%). Longer 3-yr hold-out (Jun 2023→Jun 2026): predicted 9.1% p.a. vs actual 12.9% p.a. — the model is deliberately mean-reverting and under-predicted the 2021–26 boom.
Environment, legal & productflood ok · water risk · RERA yes
Hennur Road widening incomplete; Kothanur lake flooding
Sources & data gapswhat we know, from where, and what is missing
Automated analysis: unit mix and carpet areas come from the RERA inventory table; prices and rents are locality-model estimates until listings are verified.
| Field | Value | Source class | Date | Conf. | Kind | Conflicting values |
|---|---|---|---|---|---|---|
| Address | Radiance Realty Developers India Limited, 167/1A,167/1B,167/1C & 128/P10, , Village Mandur,Taluka Bangalore East, , Village Mandur,Taluka Bangalore East , HOSKOTE , Bengaluru Rural, Karnataka - 560049 | Karnataka RERA (number as reported; registry lookup pending) | Sep 2026 | 80% | observed | |
| Land area (acres) | 11.62 | Karnataka RERA (number as reported; registry lookup pending) | Sep 2026 | 80% | observed | |
| Total units | 294 | Karnataka RERA (number as reported; registry lookup pending) | Sep 2026 | 80% | observed | |
| Launch year | 2023 | Karnataka RERA (number as reported; registry lookup pending) | Sep 2026 | 70% | observed | |
| Possession · Registration 005430 | 2027-12-31 | Karnataka RERA (number as reported; registry lookup pending) | Sep 2026 | 70% | observed | |
| Price psf · 1 BHK · ~385 sq ft (284 carpet) | 8500 | Platform estimate (interim, not observed) | Sep 2026 | 35% | assumed | |
| Ticket · 1 BHK · ~385 sq ft (284 carpet) | 3272500 | Platform estimate (interim, not observed) | Sep 2026 | 35% | derived | |
| Rent · 1 BHK · ~385 sq ft (284 carpet) | 12000 | Platform estimate (interim, not observed) | Sep 2026 | 35% | assumed | |
| Carpet area | 284 | Karnataka RERA (number as reported; registry lookup pending) | Sep 2026 | 60% | observed | |
| Builder on-time rate | 0.88 | Karnataka RERA (number as reported; registry lookup pending) | Sep 2026 | 60% | derived | |
| Litigation | none reported | Karnataka RERA (number as reported; registry lookup pending) | Sep 2026 | 70% | observed | |
| Approvals | Plan BDA/TP/AS/AA-2/TAS-3/N/2022-23 dated 2022-11-02 | Karnataka RERA (number as reported; registry lookup pending) | Sep 2026 | 60% | observed |
Commercial listing portals are shown as “Listing portal (aggregated)”; full provenance is retained internally. Official developer and Karnataka RERA sources are named.
Other projects worth comparing
Same model, same date. Scores are out of 100, where 50 is the average analysed Bengaluru project.
More in Hennur Road / Kothanur / Kalyan Nagar All Hennur Road / Kothanur / Kalyan Nagar →
More from Radiance Realty Delivery record →
Questions people ask about Radiance Gardenia
Is Radiance Gardenia a good investment?
On PropertyLens's evidence-based model Radiance Gardenia scores 69/100, above the average analysed Bengaluru project (50 = average, 12 points = one standard deviation). The model projects price growth of about 9.1% a year over five years and a net-wealth CAGR of 7.0% after every cost on an 8-year hold with a 75.0% loan. That is research on public filings, not advice; the factor breakdown on this page shows what drives the score.
What is the price per sq ft at Radiance Gardenia?
About ₹8,500 per sq ft of super built-up area, a model estimate from Hennur Road / Kothanur / Kalyan Nagar comparables that you can edit. The 1 BHK home costs about ₹32.7 L before other charges, GST and stamp duty, and ₹39.5 L all-in.
When is Radiance Gardenia ready for possession?
The project is marked ready to move in; confirm the occupancy certificate before paying.
Is Radiance Gardenia RERA registered?
Yes. Karnataka RERA registration: PRM/KA/RERA/1251/446/PR/091122/005430. 1 complaint on this registration and 1 on the promoter across projects at K-RERA as of 2026-09-15.
How reliable is Radiance Realty on delivery?
88% of Radiance Realty's crawled Bengaluru registrations needed no extension (7 of 7 crawled Bengaluru registrations needed no extension). 7 registrations analysed. The developer scorecard compares this with every other Bengaluru developer.
What rent can Radiance Gardenia earn?
About ₹12,000 a month for this home (a model estimate from Hennur Road / Kothanur / Kalyan Nagar rents), a gross yield of 4.3% on the all-in cost. Rent covers 54% of the EMI at the default loan.
Answers are generated from the filings and the model for this home and change when you edit the assumptions above. See the Radiance Realty scorecard and the Hennur Road / Kothanur / Kalyan Nagar area page.