PRESTIGE GARDENIA ESTATE PHASE 2

This project, on the record

The comparable facts of this project, from its own RERA registration record. Each context percentile names its exact comparison set, drawn from Quietlist’s full register store. The paid report adds drawing-read rows to this same table — what the filed plans show about the site, its edges and the unit layouts.

Values as crawled from the official K-RERA record; context percentiles name their comparison population.

Official Registry Facts

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.

Legal, Approvals & Project Team

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

15 of 24 compliance document slots are filed as Not Applicable; the remaining 9 slots have usable uploaded filings.

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

Clean approvals profile: every applicable statutory NOC is on file. 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 Fire NOC, environmental clearance and pollution-control clearance (KSPCB) are not among the approvals K-RERA marks applicable to this project — if the named-approvals check shows them as "not found in catalog", that is why; ask the builder directly whether they apply here. Since these are developer-filed portal statuses, have your lawyer confirm them against the linked NOC copies.

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

K-RERA names 2 project professional/vendor rows across Chartered accountant, Engineer. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.

Prestige has 81 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 “Prestige Estates”) (average reported construction progress 66%). 53 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.

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

Latest quarterly filing (2026-Q1): ₹19.15 Cr collected from buyers, ₹15.70 Cr withdrawn from the project's escrow account.

• The builder has drawn 0.82x of buyer collections from escrow (about 82% of the ₹19 Cr collected) — money is largely staying in the regulated escrow account rather than being pulled out ahead of spend, which is the safer direction. A ratio near or above 1.0 would be the one to scrutinise.

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.

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: ICICI Bank MG Road Bangalore IFSC Code : ICIC0000002 Pin Code : 560001. 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 ~27 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.