RERA Property Intelligence Report · Preview
RED CORAL PROPERTIES · Bengaluru East · K-RERA PRM/KA/RERA/1251/446/PR/171019/000438
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 |
|---|---|---|
| Official carpet area | 7,614 sqm | Regulator-disclosed project-level carpet area, not vision-derived room sums. |
| Registered land area | 61,640 sqm | The land area attached to this K-RERA registration. |
| Project start date | 01-09-2013 |
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 |
|---|---|---|---|
| PLOTS | 48 | 100% | 7,614 sqm |
🔒 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.
All 19 standard compliance document slots have usable uploaded filings.
No completion certificate (OC) on file yet — project has not been declared complete.
⚠ Registration validity has lapsed: originally due 31 Dec 2018 — which has passed with no OC on file.
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.
K-RERA complaint orders (17 complaints against a project of this name on K-RERA's orders register)
| Parties | Relief sought | Disposal | Order date |
|---|---|---|---|
| ABISHEK NAGURURU & ANOTHER vs RED CORAL PROPERTIES. | Need a compensation for the delay and Push to complete the project | AUTHORITY | 27/10/2023 |
| Abhijith M vs RED CORAL PROPERTIES | Order them to complete pending action items at the earliest and compensate us for the delay | AUTHORITY | 27/06/2025 |
| dattatreya behura vs Red Coral Properties & others | please order builder to complete the pending work | AUTHORITY | 25/06/2026 |
| MR.SURESH KUMAR RAJKUMAR vs M/S.RED CORAL PROPERTIES & OTHERS | Please order builder to complete the pending work | AUTHORITY | 24/01/2024 |
| patil lakshmi narasimha reddy vs mahaveer horizon | Amenities to be completed with in reasonable time from now and interest to be paid till such time of completion of amenities promised from day such amount of Rs. 5.00 lakhs for amenities received by p | AUTHORITY | 19/06/2024 |
| ARUN RAJKUMAR & ARUNA CHOUREY vs M/S RED CORAL PROPERTIES | Get builder to complete all pending amenties , otherwise block all new ongoing projects rera approval until existing project is completed and handovered | AUTHORITY | 17/01/2024 |
| Sanjeet Sinha vs Mahaveer Horizon | Please order builder to complete the pending work so that we are not deprived of the basic ammenities | AUTHORITY | 09/10/2024 |
| sathyanand vs M/S.RED CORAL PROPERTIES | Completion date of the project with promised amenities and relief for the delay caused | AUTHORITY | 07/07/2025 |
| MURALI G vs M/S.RED CORAL PROPERTIES | We need RERA to take necessary action with the builder and get all these amenities to be completed and help all the residents to get the committed amenities ASAP. | AUTHORITY | 07/07/2025 |
| Raghavendra Reddy Bijjula vs M/S.RED CORAL PROPERTIES | Request to enforce builder to complete the promised amenities and form the Association with all corpus amount for smooth functioning of the community. | AUTHORITY | 07/07/2025 |
| Abhilash b vs M/S.RED CORAL PROPERTIES | Transfer the Khata on my name by paying due taxes. Provide regular maintainance, security especially and fix the not working equipment | AUTHORITY | 07/07/2025 |
| kunal anand vs M/S.RED CORAL PROPERTIES | Please help in getting refund for the money collected for Diesel gender backup to my house as well as completion of pending work as per advertised | AUTHORITY | 07/07/2025 |
| Naganjaneya Prasad Vangara vs M/S.RED CORAL PROPERTIES | Incompletion of amenities and project delivery not on time. Builder is not responding properly for the queries about the pending project commitments. | AUTHORITY | 07/07/2025 |
| A SRIKANTH vs M/S.RED CORAL PROPERTIES | Please order the builder to complete the pending work | AUTHORITY | 07/07/2025 |
| V Sidhanta Kumar Raju vs M/S.RED CORAL PROPERTIES | Please order the builder Mahaveer to complete the pending work asap, so that the livelihood of the residents in the Horizon society is better. | AUTHORITY | 07/07/2025 |
| Raghavendra Reddy vs M/S.RED CORAL PROPERTIES | Request to enforce builder to complete the promised amenities and form the Association with all corpus amount for smooth functioning of the community. | AUTHORITY | 07/07/2025 |
| Shiva Shankar Nichenametla vs M/s.Red Coral Properties and others | Please Order builder to complete what has been promised and handover to association, Please dont allow them to escape of maintain society till they complete project | AUTHORITY | 06/10/2025 |
⚠ Matched by PROJECT NAME (the orders register carries no registration number) — confirm the respondent above is this project's builder before relying on it.
Complaints on this project's K-RERA page (7 complaints listed against this promoter)
| Complaint | Subject (as filed) | Project | Status |
|---|---|---|---|
| CMP/210127/0007465 27-01-2021 | Possession delayed, my flat has not been handed over yet even after 2 years of delay versus possession timelines mentioned in the agreement. | MAHAVEER CYGNET (another project by this promoter) | DISPOSED AUTHORITY BENCH5 |
| CMP/220905/0009976 05-09-2022 | Stalled Development of Project | MAHAVEER HORIZON | DISPOSED AUTHORITY BENCH4 |
| CMP/220324/0009243 24-03-2022 | Pending Amenities for more than 3 years which is stalled | MAHAVEER HORIZON | DISPOSED AUTHORITY BENCH4 |
| CMP/211031/0008508 31-10-2021 | Possession Delayed for 2.7 Years | MAHAVEER CYGNET (another project by this promoter) | DISPOSED AUTHORITY BENCH5 |
| CMP/210212/0007622 12-02-2021 | DEVATION from Approved Site Plan and no setback provide with ENCROACHMENT of adjacent property SY no 112/1 to which STAY has been Granted in civil court | MAHAVEER CYGNET (another project by this promoter) | DISPOSED AUTHORITY FULLBENCH |
| CMP/201214/0007248 14-12-2020 | Delay in Handing over the possession of Flat No.209(Block-C) | MAHAVEER CYGNET (another project by this promoter) | DISPOSED AUTHORITY BENCH5 |
| CMP/221129/0010412 29-11-2022 | pending work for clubhouse,common area, kaveri water,wtp,stp, swearage line, electricity under ground cable, play area, gardens, not completed | MAHAVEER HORIZON | POSTED FOR ORDERS AUTHORITY BENCH4 |
Listed on the project's own K-RERA detail page (registration-exact source). Rows on the promoter's other projects are track-record context — read the subject text, it is the complainant's own filed wording.
K-RERA names 3 project professional/vendor rows across Architect, Contractor, Structural engineer. 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 |
|---|---|---|---|---|
| Architect | JAYAPRAKASH NARAYAN K | - | 2001 | 5TH A BLOCK, KORAMANGALA |
| Contractor | K RAMAKRISHNA RAJU | - | 2000 | JP NAGAR 7TH PHASE, RBI LAYOUT |
| Structural engineer | I VEERAIAH | - | - | - |
Red Coral has 3 other K-RERA-registered projects in our records. 3 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.
⚠ No quarterly financial disclosures (collections, escrow withdrawals) on record, despite no completion certificate yet — meaning we can't verify the project's cashflows against its construction progress. Worth asking the builder directly why no quarterly filings are available.
The estimated cost above is the developer's declared construction cost only (K-RERA's own label: "Estimated Cost of Construction as certified by Engineer") — it excludes land cost, so it isn't comparable to the buyer-collection figures below or to a sale price.
RERA 70% project account is on file: ORIENTAL BANK OF COMMERCE RICHMOND ROAD (IFSC ORBC0100207, a/c …0100). 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.
K-RERA has 1 project-photo upload.
These are developer-uploaded progress photos in the official document catalog. We do not treat them as proof of current site condition; use them as a prompt to ask for newer dated photos or a site visit.
The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Whitefield IT hub | 6 km |
| Bellandur–Marathahalli belt | 8 km |
| Outer Ring Road / Manyata | 11 km |
| MG Road / city centre | 11 km |
| Electronic City | 18 km |
| Kempegowda Int'l Airport | 22 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 MAHAVEER HORIZON?
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: Century OneWorld Seraya (plotted) → · 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
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Built by Red Coral.
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