RERA Property Intelligence Report · Preview
MODERN SPAACES VENTURES · Anekal · K-RERA PRM/KA/RERA/1251/308/PR/060324/006691
Report coverage
K-RERA registry & builder-record report
What this report covers
To confirm directly with the builder
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk rating, the specific red-flag findings, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the builder before you commit.
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.
| Disclosure | Official value | Why it matters |
|---|---|---|
| Registered units | 392 | Total inventory registered with K-RERA. |
| Official carpet area | 47,381 sqm | Regulator-disclosed project-level carpet area, not vision-derived room sums. |
| Official built-up area | 99,580 sqm | Useful scale context when comparing density and project cost. |
| Registered land area | 32,577 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 2.249 | Higher FAR generally means a denser vertical build, subject to site layout and open-space design. |
| Registered towers/wings | 7 | Official tower/wing count in the K-RERA detail page. |
| Parking disclosed | 392 total (516 covered, 0 open) — 1.00 spaces/unit | Confirm whether your quoted unit includes an allotted parking space and where it sits. |
| Approved plan number | AYP/CC/1100/2023-24 | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 18-01-2024 | |
| Project start date | 20-02-2024 |
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
| Type | Units | Share | Official carpet area |
|---|---|---|---|
| 3 BHK | 392 | 100% | 47,381 sqm |
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| Tower 1 | 14 | 56 | 56 | 44.95 m |
| Tower 2 | 14 | 56 | 56 | 44.95 m |
| Tower 3 | 14 | 56 | 56 | 44.95 m |
| Tower 4 | 14 | 56 | 56 | 44.95 m |
| Tower 5 | 14 | 56 | 56 | 44.95 m |
| Tower 6 | 14 | 56 | 56 | 44.95 m |
| Tower 7 | 14 | 56 | 56 | 44.95 m |
K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 392 official flat/unit rows, matching the 392 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 type | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| 3 BHK | 392 | 118.8-123.6 sqm | 68.8-71.6 sqm | 392 |
By tower / wing
| Tower/wing | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| Tower 1 | 56 | 118.8-123.6 sqm | 68.8-70.8 sqm | 56 |
| Tower 2 | 56 | 118.8-123.6 sqm | 68.8-70.8 sqm | 56 |
| Tower 3 | 56 | 118.8-123.6 sqm | 68.8-70.8 sqm | 56 |
| Tower 4 | 56 | 120.1-123.2 sqm | 70.0-71.6 sqm | 56 |
| Tower 5 | 56 | 120.1-123.2 sqm | 70.0-71.6 sqm | 56 |
| Tower 6 | 56 | 120.1-123.2 sqm | 70.0-71.6 sqm | 56 |
| Tower 7 | 56 | 120.1-123.2 sqm | 70.0-71.6 sqm | 56 |
| Unit | Tower | Floor | Type | Carpet | UDS | Parking |
|---|---|---|---|---|---|---|
| 101 | Tower 1 | 1 | 3 BHK | 123.6 sqm | 70.8 sqm | 1 |
| 102 | Tower 1 | 1 | 3 BHK | 120.3 sqm | 69.2 sqm | 1 |
| 103 | Tower 1 | 1 | 3 BHK | 118.8 sqm | 68.8 sqm | 1 |
| 104 | Tower 1 | 1 | 3 BHK | 120.7 sqm | 69.2 sqm | 1 |
| 201 | Tower 1 | 2 | 3 BHK | 123.6 sqm | 70.8 sqm | 1 |
| 202 | Tower 1 | 2 | 3 BHK | 120.3 sqm | 69.2 sqm | 1 |
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-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.
🔒 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.
No litigation declared on this project's K-RERA filing.
⚠ 4 of 33 compliance document slots are filed as under process / not yet usable: Urban Land Ceiling, District Magistrate, Conversion Certificate under section 95 of the KLR Act 1964, Proforma For Sale Deed.
No completion certificate (OC) on file yet — project has not been declared complete.
Named utility/regulatory approvals
"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.
10 further authority slots are marked not applicable by the regulator.
| Authority / NOC | Status | Date | File |
|---|
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.
| Role | Name | Registration / licence | Since | Locality |
|---|---|---|---|---|
| Chartered accountant | Suraj MG | 245366 | 2018 | Bengaluru Urban, Karnataka - 560102 |
| Engineer | Venkatesh Choppa | BCCL/BL-3.6/SE-0333/22-23 | 2014 | Bengaluru Urban, Karnataka - 560102 |
| Architect | Lakshman D N | CA/2016/79255 | 2016 | Bengaluru Urban, Karnataka - 560019 |
| Contractor | Modern Spaaces Ventures | - | 2019 | Bengaluru Urban, Karnataka - 562125 |
Modern Spaaces has 8 other K-RERA-registered projects in our records. 8 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 higher 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.
Latest quarterly filing (2025-Q4): ₹23.59 Cr collected from buyers, ₹15.57 Cr withdrawn from the project's escrow account.
| Construction progress | 46% → 50% (+4 pts) |
| Units sold/booked as registered | 178/392 (45%) |
| Buyer collections in available QPRs | ₹53.67 Cr |
| Escrow withdrawals in available QPRs | ₹36.46 Cr (0.68x 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 ₹70.3 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: Industrial Development Bank of India. 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.
The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Electronic City | 11 km |
| Bellandur–Marathahalli belt | 11 km |
| Whitefield IT hub | 12 km |
| MG Road / city centre | 21 km |
| Outer Ring Road / Manyata | 25 km |
| Kempegowda Int'l Airport | 38 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.
Should you buy in ENGRACE VISTA?
This page is the free K-RERA filing summary. The full RERA Property Intelligence Report gives you buyer-complaint history, regulatory flags, builder track record, the official unit register, land title, NOCs, and (where the sanctioned plans support it) room-by-room unit data and an annotated site plan. See a real one first:
Sample: Sobha Silicon Oasis → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Built by Modern Spaaces. View Modern Spaaces's full track record →
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: 27 Jul 2026