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PropertyLensBengaluru · invest
Investment & due-diligence report · 18 Oct 2026

Grand La Casa

TBC Homes · Attibele / Anekal / Chandapura

DeveloperTBC Homes · #69 in Bengaluru by RERA registrations
LocalityAttibele / Anekal / Chandapura
AddressSurvey Number 86/13, 86/14, 86/15, 86/19, 86/20, 87/1, 87/2 & 94/1 totally measuring 7 Acres 35 Guntas and 8 Guntas Kharab, , Situated Byagadadenahalli
Typeplot · mid
StatusReady to move in
Homesnot filed
Land10.05 acres
Launched2020
RERAPRM/KA/RERA/1251/308/PR/201201/003732

Home analysed: Plot · ~1,200 sq ft (assumed). Financing: 75% loan at 8.5% over 20 years, 8-year hold. Every number states whether it was observed from a source or assumed. Score of 50 = the average analysed Bengaluru project; 12 points = one standard deviation.

45
Investment score
45/100
Evidence confidence55%
Plot · ~1,200 sq ft (assumed)
Price growth per year, next 5 yrs model
10.3%
likely range 6.9%–13.8% · over 10 yrs 10.0%/yr
Net-wealth CAGR, 8-yr hold
6.0%
your cash in → cash back incl. sale, per year
Cash-flow IRR, 8-yr hold
8.6%
with 75% loan · all-cash 8.6% · no interiors
Three numbers, three questions. Price growth: what will the home be worth? Net-wealth CAGR: what will my money have earned after every cost? Cash-flow IRR: the same, but counting when each rupee moves. Tap i on any of them.
Price · edit here or below assumed
₹Cr
₹ psf × 1,200 sq ft · as of Sep 2026
Price edits apply to ·
All-in cost
₹36.2 L
+ other charges 0.7 L, GST 0.0 L, stamp/reg 2.2 L
Gross rental yield assumed
0.0%
vacant plot: no rent assumed

In plain words

Why 45 out of 100

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:

  • +
    Builder delivery & handover risk · 9/16 pts
    TBC Homes has finished 8+ projects and delivered on time about 89% of the time. This home is ready, so there is no waiting risk.
  • +
    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.
  • +
    Price vs comparables · 1/3 pts
    Cheaper than similar mid homes nearby: ₹2,750 vs about ₹5,000 per sq ft.
  • −
    Employment access · -8/10 pts
    Drive times right now: Electronic City Ph-1 31 min, ORR Bellandur (Ecospace) 52 min, Koramangala (Forum) 60 min; Manyata Tech Park 90 min. About 4 million sq ft of new offices are planned nearby in 3 years.
  • −
    Rental demand & yield · -6/8 pts
    A plot earns no rent, so this scores low by design.
  • −
    Schools, hospitals, daily needs · -2/3 pts
    Schools, hospitals and daily shopping are limited in this area.
All 11 checks
  • +
    Price vs comparables · 1/3 pts
    Cheaper than similar mid homes nearby: ₹2,750 vs about ₹5,000 per sq ft.
  • −
    Rental demand & yield · -6/8 pts
    A plot earns no rent, so this scores low by design.
  • +
    Resale liquidity · -0/4 pts
    Plenty of buyers can afford a ₹33.0 L home, and homes in Attibele / Anekal / Chandapura take time to resell.
  • −
    Employment access · -8/10 pts
    Drive times right now: Electronic City Ph-1 31 min, ORR Bellandur (Ecospace) 52 min, Koramangala (Forum) 60 min; Manyata Tech Park 90 min. About 4 million sq ft of new offices are planned nearby in 3 years.
  • −
    Metro, bus, rail & airport · -4/9 pts
    No working metro nearby (nearest 7 km). Airport is about 131 minutes by road right now.
  • •
    Schools, hospitals, daily needs · -2/3 pts
    Schools, hospitals and daily shopping are limited in this area.
  • +
    Builder delivery & handover risk · 9/16 pts
    TBC Homes has finished 8+ projects and delivered on time about 89% of the time. This home is ready, so there is no waiting risk.
  • •
    Layout, size, age, amenities, maintenance · -0/3 pts
    Moderately dense layout (60 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 · -1/9 pts
    Low flood risk; water supply is mostly borewell or 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) · 4/26 pts
    We expect prices here to rise about 10.3% a year for the next 5 years (explained below).
Why prices should grow ~10.3% a year for the next 5 years

We build the forecast step by step, starting from what Bengaluru homes normally do and adjusting for this area and this project:

  1. + 6.0%Start with 6.0% a year: the normal long-run growth of Bengaluru home prices.
  2. + 0.9%Add 0.9%: prices here rose 11.9% a year recently (2023-06 to 2026-06). Some of that pace continues, but it fades each year.
  3. + 0.0%Prices are still affordable enough that this does not slow growth.
  4. + 2.4%Add 2.4%: 4 million sq ft of new offices nearby means more people wanting homes here.
  5. − 0.7%Subtract 0.7%: many new homes are being built here (20 months of unsold stock), which keeps prices in check.
  6. + 0.2%Add 0.2% for new roads, metro and water lines, weighted by how likely they are to actually finish: Yellow Line RV Road–Bommasandra (opened Aug 2025) (operational, 2025); Satellite Town Ring Road (construction, 2028).
  7. + 1.5%No extra project-level adjustment.
  8. = 10.3%Result: about 10.3% a year, so a home worth ₹33.7 L today would be worth about ₹55.0 L in 5 years. We are 56% confident in the evidence behind this.

Homes on offer

Every unit type on the RERA inventory or price list. Prices marked “assumed” are locality-model estimates until a listing is verified.

HomeCarpetSuper built-upPrice / sq ftPriceRent / monthUnits
Plot
~1,200 sq ft (assumed)
889 sq ft1,200 sq ft₹2,750 assumed₹33.0 L——

Highlights

  • TBC Homes · Attibele / Anekal / Chandapura · unit count not filed on 10.0 acres
  • Marked completed on RERA (completion date 2022-07-13)
  • No litigation declared · 1 complaints on this registration

Assumptions used prefilled

These are the inputs behind every number above. Open the project page to change any of them.

Purchase

₹/sq ft
₹ Cr
sq ft
% of base
%
%
%
₹/sq ft

FinancingLoan 75% · cash 25% · EMI ₹21,908/mo

% loan
% p.a.
years
%

Rent & running costs

₹/sq ft/mo
% of rent
% of value

Interiors & exit

%
%
years
% p.a. (blank = model)
%
%

Returns over 8 years · no interiors

Cash you put in₹30.5 L
Exit value (yr 8)₹72.6 L
Net sale after loan & costs₹51.5 L
Net rent after opex₹-1.2 L
Loan (75% of price)₹25.2 L
EMI / month₹21,908
Year 0: ₹-11.1 L0Year 1: ₹-2.7 L1Year 2: ₹-2.8 L2Year 3: ₹-2.8 L3Year 4: ₹-2.8 L4Year 5: ₹-2.8 L5Year 6: ₹-2.8 L6Year 7: ₹-2.8 L7Year 8: ₹48.7 L8
YearPurchaseLoan inRent (net of vacancy)OpexDebt serviceSale − loanNet cash
Today-36.3 L25.2 L0.0 L0.0 L0.0 L0.0 L-11.1 L
Yr 10.0 L0.0 L0.0 L-0.1 L-2.6 L0.0 L-2.7 L
Yr 20.0 L0.0 L0.0 L-0.1 L-2.6 L0.0 L-2.8 L
Yr 30.0 L0.0 L0.0 L-0.1 L-2.6 L0.0 L-2.8 L
Yr 40.0 L0.0 L0.0 L-0.1 L-2.6 L0.0 L-2.8 L
Yr 50.0 L0.0 L0.0 L-0.2 L-2.6 L0.0 L-2.8 L
Yr 60.0 L0.0 L0.0 L-0.2 L-2.6 L0.0 L-2.8 L
Yr 70.0 L0.0 L0.0 L-0.2 L-2.6 L0.0 L-2.8 L
Yr 80.0 L0.0 L0.0 L-0.2 L-2.6 L51.5 L48.7 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 vs comparables
+1.0 pts vs avg
this home 7.3/10 · Bengaluru average 6.2 · confidence 30%
₹2,750 psf vs mid comps ₹5,000 (-45%). Price is a model estimate, so this factor carries a third of its normal weight until a listed price is observed.
Rental demand & yield
−5.9 pts vs avg
this home 3.0/10 · Bengaluru average 6.0 · confidence 34%
Gross yield 0.0% (₹0 psf/month); locality rental demand 6/10.
Resale liquidity
−0.3 pts vs avg
this home 7.4/10 · Bengaluru average 7.6 · confidence 50%
Locality resale depth 6/10; ticket ₹0.33 Cr narrows the buyer pool.
Employment access
−7.8 pts vs avg
this home 1.4/10 · Bengaluru average 5.2 · confidence 85%
Drive times now (Google Maps, 2026-09-16): Electronic City Ph-1 31 min, ORR Bellandur (Ecospace) 52 min, Koramangala (Forum) 60 min, ITPL Whitefield 71 min; 0 of 7 major hubs within 30 min; 4 msf office pipeline (3 yr).
Metro, bus, rail & airport
−3.7 pts vs avg
this home 2.7/10 · Bengaluru average 4.8 · confidence 60%
Yellow Line Bommasandra (5–10 km); no planned station within 2 km; airport ~131 min by road now (Google Maps); .
Schools, hospitals, daily needs
−2.0 pts vs avg
this home 5.0/10 · Bengaluru average 7.0 · confidence 50%
Locality social-infrastructure index (interim, expert-set; POI distances pending Maps integration).
Builder delivery & handover risk
+8.7 pts vs avg
this home 7.1/10 · Bengaluru average 3.7 · confidence 60%
TBC Homes: 8+ projects, on-time 89% (derived); ready.
Layout, size, age, amenities, maintenance
−0.4 pts vs avg
this home 7.0/10 · Bengaluru average 7.3 · confidence 50%
60 units/acre; carpet/SBA ~72%; maintenance ~₹3.5 psf/month (assumed).
Water, flooding, noise, infrastructure
−0.6 pts vs avg
this home 5.5/10 · Bengaluru average 5.8 · confidence 50%
Plotted and affordable belt; water via borewells
Legal, title & approvals
+2.3 pts vs avg
this home 8.5/10 · Bengaluru average 7.4 · confidence 55%
RERA registered; litigation: none reported; approvals: RERA registered; title: not verified. Due-diligence report lists 0 red flags (−0.3 pts).
Expected price growth (5-yr CAGR model)
+3.7 pts vs avg
this home 6.5/10 · Bengaluru average 6.0 · confidence 56%
Model 5-yr price CAGR 10.3% (range 6.9–13.8%).

Price growth model, year by year

Nominal growth per year. Parts add up; momentum fades, infrastructure is weighted by delivery probability and dated.

ComponentYr 1Yr 2Yr 3Yr 4Yr 5Yr 6Confidence
Bengaluru long-run nominal trend6.06.06.06.06.06.080%
Locality momentum (mean-reverting)2.11.10.60.30.20.145%
Affordability ceiling0.00.00.00.00.00.060%
Employment access & office pipeline2.42.42.42.42.42.455%
Supply–demand balance-1.0-0.8-0.6-0.5-0.4-0.350%
Infrastructure delivery (probability-weighted)0.50.30.10.00.00.055%
Project-specific adjustments1.51.51.51.51.51.550%
Total growth11.5%10.5%10.0%9.8%9.7%9.7%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 11.9% vs 6.0% trend; 35% carried forward, halving each year.

Affordability ceiling: Ticket at ₹2,750 psf vs city median ₹9,500; buyer pool thins above ₹15k/₹20k psf and after >6pp excess growth.

Employment access & office pipeline: 4 msf office pipeline (3 yr) on 6 msf stock; 30-min jobs index 0.45.

Supply–demand balance: 20 months of unsold inventory; new-launch/absorption ratio 1.28 (from 27 under-construction RERA filings in this locality: 4,714 unsold homes, 510.7 sold per month).

Infrastructure delivery (probability-weighted): Yellow Line RV Road–Bommasandra (opened Aug 2025) (operational, 2025, p=1); Satellite Town Ring Road (construction, 2028, p=0.6)

Project-specific adjustments: Building age 4 yrs. Land in expansion corridors historically outpaces built stock; no depreciation.

Locality evidence: ₹4,500 (Jun 2023) → ₹6,300 (Jun 2026) = 11.9% p.a. Sources: Platform estimate (interim, not observed).

Financial & legal due diligence

What the public record says

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/201201/003732. 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.

Delivery timeline8/10
delivered on the original registration
Legal & complaints8.5/10
1 RERA complaint on the project (−0.5)
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength5/10
no public credit rating for the promoter

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/308/PR/201201/003732 · TBC Homes Infra Corp
Delivered
RegisteredJul 2020Original completionJul 2022TodaySep 2026
No litigation declared1 complaints · 0 openEscrow: SYNDICATE BANK
Credit ratings of the people behind it

No public credit rating located for the promoter.

TBC Homes Infra Corp: no public rating located

Complaints & disputes on record
On this project10 open
On the promoter entity1all projects
Court cases declared0no stay recorded
What complainants raise
  • Violation of agreement, harrasment
At a glance
Delivered

Delivered. RERA registration ran 2020-07-14 → 2022-07-13

1 RERA complaints, 0 open

1 RERA complaints on this project (0 open); 1 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹19.55 cr — where it goes
Land ₹13.4 cr · 69%Construction & on-site ₹6.1 cr · 31%
No litigation declaredBorrowing declared: not statedEscrow at SYNDICATE BANK

Complaint log (K-RERA) · 1 on this project

  • May 2024Violation of agreement, harrasmentdisposed
Complaints by status
Disposed (Authority)
1

Red flags to resolve in writing

Questions to put to the developer before you sign

  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. Provide the occupancy certificate, khata and title chain for the unit.
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line2 sections · 9 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/201201/003732 · promoter TBC Homes Infra Corp (Partnership Firm) · Proposed Project End Date at the time of registration :
Dates
Start 2020-07-14 · original completion 2022-07-13 · no extensions
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹19.55 cr · land ₹13.43 cr · construction ₹6.12 cr
RERA bank account
SYNDICATE BANK, Marsur (70% construction account)
Land & towers
10.05 acres (40,670 sq m)
Litigation declared
None declared in filings
K-RERA complaints
1 on this registration (0 open) · 1 on the promoter entity across all its projects

Source: Karnataka RERA project record PRM/KA/RERA/1251/308/PR/201201/003732, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 1 on this project

2024-05-24 · 00483/2024
Violation of agreement, harrasment — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)

Complaint subjects are as filed by complainants; a disposed complaint may have been decided either way.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/201201/003732 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/308/PR/201201/003732 (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 none nearby
Job hubs nearby
Electronic City 8–12 kmHosur 10 kmBommasandra / Jigani industrial
Measured drive times below
Office space
Existing6 msf
Coming in 3 yrs4 msf
Jobs within 30 min5/10
Getting around
Metro today
Yellow Line Bommasandra (5–10 km)
none within 5 km
Metro planned
No station planned within 2 km
Rail
—
estimate
Airport
131 min by road now · 48.9 km
Google Maps
Buses
7/10 coverage
estimate
Drive times to job hubs
DestinationDrive nowRoad km
Electronic City Ph-131 min10.4
ORR Bellandur (Ecospace)52 min18.6
Koramangala (Forum)60 min21.7
ITPL Whitefield71 min25.6
MG Road (CBD)72 min26
Hebbal (Kirloskar)89 min32.7
Manyata Tech Park90 min32.9
Kempegowda Airport (KIA)131 min48.9

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 11.9%/yr

No dated project-level price series yet; only the latest observation is on file.

Locality · average ₹/sq ft
Date₹ psfSourceConfidenceKind
Jun 20213,600Platform estimate (interim, not observed)40%derived
Jun 20234,500Platform estimate (interim, not observed)45%derived
Jun 20255,600Platform estimate (interim, not observed)50%derived
Jun 20266,300Platform estimate (interim, not observed)50%derived
Luxury comps₹8,000
Premium comps₹6,500
Mid comps₹5,000
Unsold stock20 months

Model backtest on this locality: 1-yr hold-out (Jun 2025→Jun 2026): predicted ₹6,151 vs actual ₹6,300 (-2.4%). Longer 3-yr hold-out (Jun 2023→Jun 2026): predicted 9.1% p.a. vs actual 11.9% p.a. — the model is deliberately mean-reverting and under-predicted the 2021–26 boom.

Environment, legal & productflood ok · water risk · RERA yes
Flood risklow
Water supplytankers/borewell
Quietok
Roads & drainspatchy

Plotted and affordable belt; water via borewells

Legal & approvals
Registration 003732
RERA PRM/KA/RERA/1251/308/PR/201201/003732
ready
Litigation
none reported
observed
Approvals
RERA registered
observed
Title
not verified
assumed
Product
Land10.05 acres
Homesnull
Density60/acre
Launched2020
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.

FieldValueSource classDateConf.KindConflicting values
AddressSurvey Number 86/13, 86/14, 86/15, 86/19, 86/20, 87/1, 87/2 & 94/1 totally measuring 7 Acres 35 Guntas and 8 Guntas Kharab, , Situated ByagadadenahalliKarnataka RERA (number as reported; registry lookup pending)Sep 202680%observed
Land area (acres)10.05Karnataka RERA (number as reported; registry lookup pending)Sep 202680%observed
Total unitsPlatform estimate (interim, not observed)Sep 202620%assumed
Launch year2020Karnataka RERA (number as reported; registry lookup pending)Sep 202670%observed
Possession · Registration 0037322022-07-13Karnataka RERA (number as reported; registry lookup pending)Sep 202670%observed
Price psf · Plot · ~1,200 sq ft (assumed)2750Platform estimate (interim, not observed)Sep 202630%assumed
Ticket · Plot · ~1,200 sq ft (assumed)3300000Platform estimate (interim, not observed)Sep 202630%derived
Rent · Plot · ~1,200 sq ft (assumed)0Platform estimate (interim, not observed)Sep 202630%assumed
Carpet area889Platform estimate (interim, not observed)Sep 202630%assumed
Builder on-time rate0.89Karnataka RERA (number as reported; registry lookup pending)Sep 202660%derived
Litigationnone reportedKarnataka RERA (number as reported; registry lookup pending)Sep 202670%observed
ApprovalsRERA registeredKarnataka RERA (number as reported; registry lookup pending)Sep 202660%observed

Commercial listing portals are shown as “Listing portal (aggregated)”; full provenance is retained internally. Official developer and Karnataka RERA sources are named.

PropertyLens · property-lens.ai · Scores and projections are model outputs built from dated public evidence (Karnataka RERA filings, quarterly promoter updates, public ratings, Google Maps) and the stated assumptions. They are not investment advice and not a substitute for a title search, a lawyer’s opinion or a site visit. Values marked “assumed” are editable estimates, not verified facts.
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