RERA Property Intelligence Report · Preview

Aum Shankara

NIKHIL DEVELOPERS · · K-RERA PRM/KA/RERA/1259/479/PR/180124/006556

Report coverage

K-RERA registry & builder-record report

What this report covers

  • Official K-RERA registry facts — units, cost, land area, towers, approvals
  • Complaint / litigation & compliance history
  • Builder delivery record across their K-RERA portfolio
  • Construction trajectory & sales pace from quarterly filings

To confirm directly with the builder

  • No dimensioned unit layouts could be confidently extracted from the filed plans.
Not yet
Completion certificate
None declared
Legal status
6
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🔒 The verdict & buyer playbook · Compliance report

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15
Registered units
₹3.7 Cr
Est. construction cost
Units profiled
50
RERA documents on file

Official Registry Facts

Official project scale

RERA filing

Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.

DisclosureOfficial valueWhy it matters
Registered units15Total inventory registered with K-RERA.
Official carpet area1,389 sqmRegulator-disclosed project-level carpet area, not vision-derived room sums.
Official built-up area2,277 sqmUseful scale context when comparing density and project cost.
Registered land area567 sqmThe land area attached to this K-RERA registration.
Sanctioned FAR/FSI2.44Higher FAR generally means a denser vertical build, subject to site layout and open-space design.
Registered towers/wings1Official tower/wing count in the K-RERA detail page.
Parking disclosed14 total (14 covered, 0 open) — 0.93 spaces/unitConfirm whether your quoted unit includes an allotted parking space and where it sits.
Approved plan numberHDMC/50/BP/205/BID-46434/2023Use this to match the sanctioned drawing set shown by the builder.
Plan approval date30-06-2023
Project start date15-07-2023

Official inventory & towers

RERA filing

K-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.

Registered inventory mix

TypeUnitsShareOfficial carpet area
3BHK1493%1,310 sqm
2BHK17%79 sqm

Registered tower / wing summary

Tower/wingFloorsUnitsParkingHeight
15151414.95 m

Official unit register

RERA filing

K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 15 official flat/unit rows, matching the 15 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.

By unit type

Unit typeRowsCarpet areaUDSParking lots
3 BHK1482.4-107.3 sqm33.7-43.9 sqm14
2 BHK179.7 sqm32.6 sqm0 (1 with 0)

By tower / wing

Tower/wingRowsCarpet areaUDSParking lots
11579.7-107.3 sqm32.6-43.9 sqm14 (1 with 0)
Show sample official unit rows
UnitTowerFloorTypeCarpetUDSParking
A112 BHK79.7 sqm32.6 sqm0
B113 BHK93.6 sqm38.3 sqm1
C113 BHK82.4 sqm33.7 sqm1
A123 BHK107.3 sqm43.9 sqm1
B123 BHK93.6 sqm38.3 sqm1
C123 BHK82.5 sqm33.7 sqm1

What the numbers tell you

Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.

Unit formatAverage official carpet area is ~997 sqft — mid-format homes (2–3BHK territory), not compact stock. This is a boutique, low-density project — 15 homes across 1 tower. Carpet is the RERA-defined usable area, so compare it against the 'super built-up' a broker quotes (typically 25–35% larger).
ParkingThe project declares 14 parking spaces for 15 homes (~0.9 per home) — about one space per home — adequate but tight if you have two cars.
Your land share (UDS)Undivided land share averages ~38 sqm per home; across all 15 homes that is ~100% of the plot — a healthy sign: buyers collectively hold close to all the land. Low UDS relative to land can mean the builder keeps land value the flat owners think they're buying.

🔒 Unit-by-unit guidance · Unit Guidance report

Which block and unit to prefer, the livability read on the filed plans, and a plan-by-plan walkthrough — the ₹2,999 guidance layer.

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🔒 Full records — land title, amenities paperwork & document catalog · Compliance report

The complete land-title chain, the paperwork behind each declared amenity, and every document row on file with the regulator — the raw records the compliance read is built on.

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Legal, Approvals & Project Team

Litigation & compliance

RERA filing

No litigation declared on this project's K-RERA filing.

23 of 43 compliance document slots are filed as Not Applicable; the remaining 20 slots have usable uploaded filings.

No completion certificate (OC) on file yet — project has not been declared complete.

⚠ Registration validity has lapsed: originally due 15 Dec 2025 — which has passed with no OC on file.

Named utility/regulatory approvals

Electricity (BESCOM/ESCOM)Not found in catalog
Water & sewage (BWSSB/KWSSB)Not found in catalog
Fire NOC✓ On file (Fire Force Department)
Pollution control (KSPCB)✓ On file (KSPCB)
Environmental clearanceNot found in catalog
Airport Authority height clearanceNot found in catalog

"Not found in catalog" can mean the approval genuinely isn't on file yet, or that it doesn't apply to this project (K-RERA doesn't tell us which). Ask the builder directly for any marked not found before relying on it.

K-RERA enforcement record (the regulator's own defaulter list & penalty orders)

⚠ Listed on K-RERA's official DEFAULTER list.

Statutory approval status

RERA filing

Clean approvals profile: every applicable statutory NOC is on file — including Fire NOC and pollution-control clearance (KSPCB), the clearances buyers most often find still pending. Nothing is outstanding among the statutory NOCs — which compliance documents are filed versus still under process is a separate matter, covered in Litigation & compliance above. Note environmental clearance is not among the approvals K-RERA marks applicable to this project — if the named-approvals check shows it as "not found in catalog", that is why; ask the builder directly whether it applies here. Since these are developer-filed portal statuses, have your lawyer confirm them against the linked NOC copies.

8 further authority slots are marked not applicable by the regulator.

Authority / NOCStatusDateFile
KSPCB- PCB (10 Acres to 125 Acres)Approved06-06-2023NOC KSPCB CFE ORDER 6-06-2023.pdf
Fire and SafetyApproved16-03-2023NOC Fire Vidayanagar 2931_compressed.pdf

Project team & certifications

RERA filing

K-RERA names 4 project professional/vendor rows across Chartered accountant, Engineer, Architect, Contractor. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.

RoleNameRegistration / licenceSinceLocality
Chartered accountantM/s Yogesh Nanda1556232015Mumbai City, Maharashtra - 400705
EngineerPenukonda anandUDYAM-KR-03-02241642012Bengaluru Urban, Karnataka - 560064
ArchitectSandeep HulkotiCA/2014/626712015Dharwad, Karnataka - 580021
ContractorBasappa S Adarkatti-2010Dharwad, Karnataka - 580021

Builder track record

RERA filing

Nikhil Developers has 6 other K-RERA-registered projects in our records (average reported construction progress 90%). 0 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder. That is a lower delayed rate than the K-RERA average across Bengaluru on the same measure.

Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.

Financials & Construction Progress

Financial disclosures

RERA filing

Latest quarterly filing (2025-Q3): ₹1.73 Cr collected from buyers, ₹1.38 Cr withdrawn from the project's escrow account.

Construction progress90% → 90% (+0 pts)
Units sold/booked as registered11/15 (73%)
Buyer collections in available QPRs₹1.73 Cr
Escrow withdrawals in available QPRs₹1.38 Cr (0.80x collections)

QPR figures are developer-filed quarterly disclosures. Collections and withdrawals are not a project valuation; they are a sanity check for whether sales, construction progress, and escrow draws appear directionally aligned.

Declared construction cost ÷ registered units averages to ₹24.5 lakhs per unit — the developer's own declared construction/development cost, not a sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.

RERA 70% project account is on file: Union Bank of India Vidayanagar IFSC Code : UBIN080283 Pin Code : 580031. RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.

Location & Connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Bellandur–Marathahalli belt6 km
Electronic City7 km
MG Road / city centre9 km
Whitefield IT hub14 km
Outer Ring Road / Manyata15 km
Kempegowda Int'l Airport33 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

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Built by Nikhil Developers. View Nikhil Developers's full track record →
Nikhil Developers has 7 projects registered in Bangalore, 1 completed.

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Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.

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Last checked against the RERA register: 16 Jul 2026