RERA Property Intelligence Report · Preview

Nikoo Homes IV

Bhartiya Urban · Yelahanka · K-RERA PRM/KA/RERA/1251/472/PR/210731/004208

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
13
Other RERA projects by 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.

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716
Registered units
₹433.1 Cr
Est. construction cost
Units profiled
33
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 units716Total inventory registered with K-RERA.
Official carpet area57,386 sqmRegulator-disclosed project-level carpet area, not vision-derived room sums.
Registered land area16,488 sqmThe land area attached to this K-RERA registration.
Sanctioned FAR/FSI~52.95Sanctioned floor-area ratio (≈873,019 sqm sanctioned FAR area ÷ 16,488 sqm land) — higher means a denser vertical build.
Registered towers/wings3Official tower/wing count in the K-RERA detail page.
Parking disclosed917 total (71 open) — 1.28 spaces/unitConfirm whether your quoted unit includes an allotted parking space and where it sits.
Project start date01-08-2021

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
Residential716100%57,386 sqm

Registered tower / wing summary

Tower/wingFloorsUnitsParkingHeight
Tower - A32210289-
Tower - B32266330-
Tower - C32240298-

Official unit register

RERA filing

K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 716 official flat/unit rows, matching the 716 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
2 BHK20162.6-69.0 sqm18.4-20.0 sqm201
3 BHK17193.9-102.1 sqm27.1-29.1 sqm171
2 BHK+Study16877.0-81.5 sqm22.2-23.4 sqm168
1 BHK3241.6-42.6 sqm11.6-12.1 sqm32
STUDIO2930.6 sqm8.0 sqm29
1BHK STUDY2856.2 sqm16.8 sqm28
3 BHK+Study28112.3 sqm31.6 sqm28
4 BHK27152.3 sqm42.8 sqm54
3 BHK - LOFT14122.8 sqm36.7 sqm14
3 BHK+ Terrace693.9-102.1 sqm27.1-29.1 sqm6
1 BHK+Terrace541.6-42.6 sqm11.6-12.1 sqm5
2 BHK Study+Terrace477.0-81.5 sqm22.2-23.4 sqm4

Showing first 12 of 15 unit type groups.

By tower / wing

Tower/wingRowsCarpet areaUDSParking lots
Tower - B26630.6-93.9 sqm8.0-27.1 sqm266
Tower - C24042.0-100.2 sqm11.9-28.8 sqm240
Tower - A21078.5-152.3 sqm22.4-42.8 sqm238
Show sample official unit rows
UnitTowerFloorTypeCarpetUDSParking
A501Tower - A52 BHK+Study81.5 sqm23.4 sqm1
A502Tower - A52 BHK+Study81.5 sqm23.4 sqm1
A503Tower - A54 BHK+Terrace152.3 sqm42.8 sqm2
A504Tower - A53 BHK+Study112.3 sqm31.6 sqm1
A505Tower - A52 BHK Study+Terrace78.5 sqm22.4 sqm1
A506Tower - A52 BHK Study+Terrace78.5 sqm22.4 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 ~863 sqft — mid-format homes (2–3BHK territory), not compact stock. This is a mid-scale project — 716 homes across 3 towers. 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 917 parking spaces for 716 homes (~1.3 per home) — about one space per home — adequate but tight if you have two cars.
Your land share (UDS)Undivided land share averages ~23 sqm per home; across all 716 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.

All 26 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 Jul 2025, extended (Section 6 Extension) to 31 Jan 2026 — both dates have passed with no OC on file. The extension on file was granted on 11 Nov 2025 (K-RERA extension no. EX/PRM/KA/RERA/1251/472/PR/251111/004208) — it has been used, its deadline has also passed, and no further extension is recorded.

Named utility/regulatory approvals

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

"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.

Complaints on this project's K-RERA page (11 complaints listed against this promoter)

ComplaintSubject (as filed)ProjectStatus
CMP/191118/0004752
18-11-2019
Non-Payment/denial of Refund of advance amount after cancellation of bookingBhartiya Leela Residences (another project by this promoter)DISPOSED AO
CMP/191203/0004833
03-12-2019
Interest against pending paymentNikoo Homes I (Towers 1 - 6 & 10) (another project by this promoter)DISPOSED AO
CMP/190215/0002134
15-02-2019
Inferiror unusable car park allotement, betrayal of trust, delay compensation, GST benefits not transferred to customers, unaddressed quality issuesNikoo Homes I (Towers 1 - 6 & 10) (another project by this promoter)DISPOSED AO
CMP/200731/0006278
31-07-2020
Carpet area is delivered lessNikoo Homes I (Towers 1 - 6 & 10) (another project by this promoter)DISPOSED AO
CMP/220106/0008769
06-01-2022
Refund of entire amount paid towards the project due to delay caused by Bhartiya Urban Pvt Ltd in completion of the project and handing over of possession as per section 19(4) of RERA Act, 2016Bhartiya Leela Residences (another project by this promoter)DISPOSED AUTHORITY BENCH4
CMP/210121/0007474
21-01-2021
REFUND OR NEW UNIT ALLOTMENT WITHOUT ANY DEDUCTIONSNikoo Homes II East (another project by this promoter)DISPOSED AUTHORITY BENCH5
CMP/200909/0006547
09-09-2020
Delay CompensationNikoo Homes I (Towers 1 - 6 & 10) (another project by this promoter)DISPOSED AUTHORITY BENCH4
CMP/200726/0006254
26-07-2020
Builder trying to cancel apartment due to non-payment if dues in old terms before rera registeredNikoo Homes II West (another project by this promoter)DISPOSED AUTHORITY FULLBENCH

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.

Statutory approval status

RERA filing

Clean approvals profile: every applicable statutory NOC is on file — including Fire NOC, environmental clearance 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. Since these are developer-filed portal statuses, have your lawyer confirm them against the linked NOC copies.

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

Authority / NOCStatusDateFile
Water supply and sewage boardApproved02-02-20101BWSSB.pdf
KSPCB- PCB (10 Acres to 125 Acres)Approved18-07-20222KSPCB.pdf
KSPCB- MOEF (Above 50 Acres)Approved26-03-20233SEIAA.pdf
KPTCL- BESCOMApproved08-08-20235BESCOM.pdf
Fire and SafetyApproved24-03-20237Fire department.pdf
Airport Authority of IndiaApproved02-06-20229AAI.pdf
BSNL/Telecommunication DepartmentApproved26-08-201110BSNL.pdf

Project team & certifications

RERA filing

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.

RoleNameRegistration / licenceSinceLocality
ArchitectAbhay Itty Zachariah-1995Off Brunton Road, Richmond Town
ContractorUrbanac Projects Pvt Ltd-2008Mandi Road, Mehrauli
Structural engineerH.P.Yogesh---

Builder track record

RERA filing

Bhartiya Urban has 13 other K-RERA-registered projects in our records — grouped across the several project-specific entities this developer registers under (e.g. this project is filed as “Bhartiya Urban”) (average reported construction progress 35%). 4 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-Q4): ₹20.13 Cr collected from buyers, ₹22.19 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹22.19 Cr) exceeded buyer collections (₹20.13 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.

Construction progress100% → 100% (+0 pts)
Units sold/booked as registered716/716 (100%)
Buyer collections in available QPRs₹29.15 Cr
Escrow withdrawals in available QPRs₹29.06 Cr (1.00x 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 ₹60.5 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: STATE BANK OF INDIA Commercial Branch, Bengaluru (IFSC SBIN0004196, a/c …4886). 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 ~4 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Outer Ring Road / Manyata4 km
MG Road / city centre12 km
Kempegowda Int'l Airport16 km
Bellandur–Marathahalli belt18 km
Whitefield IT hub19 km
Electronic City27 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 Bhartiya Urban. View Bhartiya Urban's full track record →
Bhartiya Urban has 13 projects registered in Bangalore, 1 completed.
3 complaints on the K-RERA register against Bhartiya Urban in Bangalore.

Other projects by this builder in Bangalore

Bhartiya Garden Estate Phase-1
Filing overdue · 11% built · 87% sold
Bhartiya Garden Estate Phase-2
Filing overdue · 5% built · 74% sold
Bhartiya Garden Estate Phase-3
Filing overdue · 4% built · 33% sold
Nikoo Homes V - Phase - 1
Filing overdue · 70% built · 97% sold
Nikoo Homes V - Phase - 2
Filing overdue · 57% built · 73% sold
Nikoo Homes VI - Phase - 1
Filing overdue · 54% built · 62% sold

Other RERA-registered projects in Yelahanka

Major developers building in Yelahanka

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