sipani Royal Heritage Phase-I

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.

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.

K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 980 official flat/unit rows, matching the 980 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.

Legal, Approvals & Project Team

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

1 of 25 compliance document slots are filed as Not Applicable; the remaining 24 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 — 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.

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

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.

Sipani Properties has 6 other K-RERA-registered projects in our records (average reported construction progress 56%). 5 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 (2025-Q4): ₹18.46 Cr collected from buyers, ₹19.21 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹19.21 Cr) exceeded buyer collections (₹18.46 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.

• Across available QPR rows, escrow withdrawals are 1.02x buyer collections. Ask the builder to reconcile this against certified project costs and prior-period balances.
• In the latest QPR, escrow withdrawal exceeds buyer collections for that quarter. This can be normal if prior balance existed, but it needs a clean explanation.

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 ₹12.0 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: HDFC kasturba road (IFSC HDFC0000009, a/c …7360). 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.

• SRH photo.pdf

Location & Connectivity

The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.

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.

Built by Sipani Properties. View Sipani Properties's full track record →
Sipani Properties has 7 projects registered in Bangalore, 1 completed, 1 past RERA deadline.

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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.