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

Provident Woodfield

Puravankara · Attibele / Anekal / Chandapura

DeveloperPuravankara · #8 in Bengaluru by RERA registrations
LocalityAttibele / Anekal / Chandapura
AddressSy. No. 36/1, 36/2, 37/1 to 5, 39/2, 40/1 to 4, 41/1, 43, 44/1 to 2, 45, 48, 49, 50, 64, 65,, Kachanayakanahalli Village Jigani Hobli
Typeplot · premium
StatusUnder construction · handover Sep 2024
Homesnot filed
Land24.34 acres
Launched2019
RERAPRM/KA/RERA/1251/308/PR/200211/003268

Home analysed: Plot · 1184 sq ft. 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.

33
Investment score
33/100
Evidence confidence55%
Plot · 1184 sq ft
Price growth per year, next 5 yrs model
10.7%
likely range 7.2%–14.2% · over 10 yrs 10.2%/yr
Net-wealth CAGR, 8-yr hold
6.5%
your cash in → cash back incl. sale, per year
Cash-flow IRR, 8-yr hold
9.3%
with 75% loan · all-cash 9.0% · 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 × 1,185 sq ft · as of Sep 2026
Price edits apply to ·
All-in cost
₹43.2 L
+ other charges 0.8 L, GST 0.0 L, stamp/reg 2.7 L
Gross rental yield assumed
0.0%
vacant plot: no rent assumed

In plain words

Why 33 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:

  • +
    Expected price growth (5-yr CAGR model) · 7/26 pts
    We expect prices here to rise about 10.7% a year for the next 5 years (explained below).
  • +
    Price vs comparables · 1/3 pts
    Cheaper than similar premium homes nearby: ₹3,350 vs about ₹6,500 per sq ft.
  • +
    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 ~₹4.5 per sq ft a month.
  • −
    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.
  • −
    Resale liquidity · -2/4 pts
    Plenty of buyers can afford a ₹39.7 L home, and homes in Attibele / Anekal / Chandapura take time to resell. Reselling before handover needs the builder’s permission.
All 11 checks
  • +
    Price vs comparables · 1/3 pts
    Cheaper than similar premium homes nearby: ₹3,350 vs about ₹6,500 per sq ft.
  • −
    Rental demand & yield · -6/8 pts
    A plot earns no rent, so this scores low by design.
  • •
    Resale liquidity · -2/4 pts
    Plenty of buyers can afford a ₹39.7 L home, and homes in Attibele / Anekal / Chandapura take time to resell. Reselling before handover needs the builder’s permission.
  • −
    Employment access · -4/10 pts
    Drive times right now: Electronic City Ph-1 19 min, ORR Bellandur (Ecospace) 41 min, Koramangala (Forum) 49 min; Manyata Tech Park 78 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 120 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 · -4/16 pts
    Puravankara has finished 37+ projects and delivered on time about 70% of the time. This phase is still under construction, with handover promised for 2024-09-30: delays would push your rent start back.
  • +
    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 ~₹4.5 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 1 item in red.
  • +
    Expected price growth (5-yr CAGR model) · 7/26 pts
    We expect prices here to rise about 10.7% a year for the next 5 years (explained below).
Why prices should grow ~10.7% 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. + 1.9%Add 1.9% for this project itself: unfinished homes are worth more once they are complete.
  8. = 10.7%Result: about 10.7% a year, so a home worth ₹40.5 L today would be worth about ₹67.3 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
1184 sq ft
1,184 sq ft1,185 sq ft₹3,350 assumed₹39.7 L—153
Plot
1485 sq ft
1,485 sq ft1,485 sq ft₹3,350 assumed₹49.7 L—89
Plot
2379 sq ft
2,379 sq ft2,380 sq ft₹3,350 assumed₹79.7 L—7

Highlights

  • Puravankara · Attibele / Anekal / Chandapura · unit count not filed on 24.3 acres
  • Under construction: progress not filed, RERA completion 2024-09-30 (1 extension)
  • No litigation declared · 5 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 ₹26,355/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₹36.3 L
Exit value (yr 8)₹88.9 L
Net sale after loan & costs₹63.5 L
Net rent after opex₹-1.4 L
Loan (75% of price)₹30.4 L
EMI / month₹26,355
Year 0: ₹-12.9 L0Year 1: ₹-3.3 L1Year 2: ₹-3.3 L2Year 3: ₹-3.3 L3Year 4: ₹-3.3 L4Year 5: ₹-3.3 L5Year 6: ₹-3.4 L6Year 7: ₹-3.4 L7Year 8: ₹60.2 L8
YearPurchaseLoan inRent (net of vacancy)OpexDebt serviceSale − loanNet cash
Today-43.3 L30.4 L0.0 L0.0 L0.0 L0.0 L-12.9 L
Yr 10.0 L0.0 L0.0 L-0.1 L-3.2 L0.0 L-3.3 L
Yr 20.0 L0.0 L0.0 L-0.1 L-3.2 L0.0 L-3.3 L
Yr 30.0 L0.0 L0.0 L-0.2 L-3.2 L0.0 L-3.3 L
Yr 40.0 L0.0 L0.0 L-0.2 L-3.2 L0.0 L-3.3 L
Yr 50.0 L0.0 L0.0 L-0.2 L-3.2 L0.0 L-3.3 L
Yr 60.0 L0.0 L0.0 L-0.2 L-3.2 L0.0 L-3.4 L
Yr 70.0 L0.0 L0.0 L-0.2 L-3.2 L0.0 L-3.4 L
Yr 80.0 L0.0 L0.0 L-0.2 L-3.2 L63.5 L60.2 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
+0.8 pts vs avg
this home 7.2/10 · Bengaluru average 6.2 · confidence 35%
₹3,350 psf vs premium comps ₹6,500 (-48%; 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
−5.9 pts vs avg
this home 3.0/10 · Bengaluru average 6.0 · confidence 38%
Gross yield 0.0% (₹0 psf/month); locality rental demand 6/10.
Resale liquidity
−2.1 pts vs avg
this home 6.4/10 · Bengaluru average 7.6 · confidence 50%
Locality resale depth 6/10; ticket ₹0.40 Cr narrows the buyer pool; UC resale needs builder NOC.
Employment access
−3.7 pts vs avg
this home 3.4/10 · Bengaluru average 5.2 · confidence 85%
Drive times now (Google Maps, 2026-09-16): Electronic City Ph-1 19 min, ORR Bellandur (Ecospace) 41 min, Koramangala (Forum) 49 min, MG Road (CBD) 60 min; 1 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 ~120 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
−3.8 pts vs avg
this home 2.2/10 · Bengaluru average 3.7 · confidence 60%
Puravankara: 37+ projects, on-time 70% (derived); handover 2024-09-30 (RERA); 24 months past the RERA completion date, 1 extension.
Layout, size, age, amenities, maintenance
−0.0 pts vs avg
this home 7.3/10 · Bengaluru average 7.3 · confidence 50%
60 units/acre; carpet/SBA ~72%; maintenance ~₹4.5 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
−2.4 pts vs avg
this home 6.2/10 · Bengaluru average 7.4 · confidence 55%
RERA registered; litigation: none reported; approvals: RERA registered; title: not verified. Due-diligence report lists 1 red flag (−2.3 pts).
Expected price growth (5-yr CAGR model)
+6.9 pts vs avg
this home 7.0/10 · Bengaluru average 6.0 · confidence 56%
Model 5-yr price CAGR 10.7% (range 7.2–14.2%).

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 adjustments3.51.51.51.51.51.550%
Total growth13.5%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 ₹3,350 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: Remaining construction risk (13% work left) re-rates toward ready comps by handover (~1.0% over 0.5 yr). 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/200211/003268. 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 timeline5/10
1 extension on the registration (−2); a registration completion date has already passed (−2)
Legal & complaints6.5/10
5 RERA complaints on the project (−2.5)
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength7.6/10
ICRA A-/Stable (Puravankara Ltd)

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

Registration
PRM/KA/RERA/1251/308/PR/200211/003268 · Puravankara Limited
Past RERA date
RegisteredDec 2019Original completionDec 2023Covid ext.Sep 2024TodaySep 2026
No litigation declared5 complaints · 0 openEscrow: ICICI Bank
Credit ratings of the people behind it
AAAAAABBBBBBCDinvestment grade ◀▶ speculative gradeICRA A- / Stable · Puravankara Ltd · May 2025
Complaints & disputes on record
On this project50 open
On the promoter entity110all projects
Court cases declared0no stay recorded
What complainants raise
  • Regarding Full refund of booking amount paid while booking
  • No permanent boundary wall and club facility as per agreement
  • Looking for compensation for delay
  • BUILDER NOT REFUNDING
At a glance
Registration extended 1×

Registration extended 1× — from 2023-12-31 to 2024-09-30 (already passed)

5 RERA complaints, 0 open

5 RERA complaints on this project (0 open); 110 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹81.06 cr — where it goes
Land ₹39.8 cr · 49%Construction & on-site ₹41.2 cr · 51%
No litigation declaredBorrowing declared: not statedEscrow at ICICI Bank

Complaint log (K-RERA) · 5 on this project

  • Mar 2023Regarding Full refund of booking amount paid while bookingdisposed
  • Nov 2022No permanent boundary wall and club facility as per agreementdisposed
  • Jun 2022Looking for compensation for delaydisposed
  • Mar 2021BUILDER NOT REFUNDINGdisposed
  • Dec 2020Payment Schedule Not revised as per Sale Agreement Datedisposed
Complaints by status
Disposed (Authority)
5

Red flags to resolve in writing

1
Timeline

RERA completion date 2024-09-30 has passed without a completion application.

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. Which date is contractual — 2024-09-30 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line2 sections · 12 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/200211/003268 · promoter Puravankara Limited (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2019-12-31 · original completion 2023-12-31 · 1 extension: Covid Extension → 2024-09-30 · current date has passed
Registered cost
Total ₹81.06 cr · land ₹39.85 cr · construction ₹41.22 cr
RERA bank account
ICICI Bank, MG Road (70% construction account)
Land & towers
24.34 acres (98,510 sq m)
Litigation declared
None declared in filings
K-RERA complaints
5 on this registration (0 open) · 110 on the promoter entity across all its projects

Source: Karnataka RERA project record PRM/KA/RERA/1251/308/PR/200211/003268, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 5 on this project

2023-03-02 · 00279/2023
Regarding Full refund of booking amount paid while booking — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2022-11-03 · CMP/221103/0010168
No permanent boundary wall and club facility as per agreement — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2022-06-13 · CMP/220613/0009616
Looking for compensation for delay — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2021-03-06 · CMP/210306/0007752
BUILDER NOT REFUNDING — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2020-12-09 · CMP/201209/0007225
Payment Schedule Not revised as per Sale Agreement Date — 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/200211/003268 (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/200211/003268 (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
120 min by road now · 44.8 km
Google Maps
Buses
7/10 coverage
estimate
Drive times to job hubs
DestinationDrive nowRoad km
Electronic City Ph-119 min5.9
ORR Bellandur (Ecospace)41 min14.3
Koramangala (Forum)49 min17.2
MG Road (CBD)60 min21.5
ITPL Whitefield61 min21.9
Hebbal (Kirloskar)77 min28.2
Manyata Tech Park78 min28.5
Kempegowda Airport (KIA)120 min44.8

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 003268
RERA PRM/KA/RERA/1251/308/PR/200211/003268
possession Sep 2024
Litigation
none reported
observed
Approvals
RERA registered
observed
Title
not verified
assumed
Product
Land24.34 acres
Homesnull
Density60/acre
Launched2019
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
AddressSy. No. 36/1, 36/2, 37/1 to 5, 39/2, 40/1 to 4, 41/1, 43, 44/1 to 2, 45, 48, 49, 50, 64, 65,, Kachanayakanahalli Village Jigani HobliKarnataka RERA (number as reported; registry lookup pending)Sep 202680%observed
Land area (acres)24.34Karnataka RERA (number as reported; registry lookup pending)Sep 202680%observed
Total unitsPlatform estimate (interim, not observed)Sep 202620%assumed
Launch year2019Karnataka RERA (number as reported; registry lookup pending)Sep 202670%observed
Possession · Registration 0032682024-09-30Karnataka RERA (number as reported; registry lookup pending)Sep 202670%observed
Price psf · Plot · 1184 sq ft3350Platform estimate (interim, not observed)Sep 202635%assumed
Ticket · Plot · 1184 sq ft3969750Platform estimate (interim, not observed)Sep 202635%derived
Rent · Plot · 1184 sq ft0Platform estimate (interim, not observed)Sep 202635%assumed
Carpet area1184Karnataka RERA (number as reported; registry lookup pending)Sep 202660%observed
Builder on-time rate0.7Karnataka 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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