RERA Property Intelligence Report · Preview

THE GROOVE

SAGE VENTURES · · K-RERA PRM/KA/RERA/1265/347/PR/110725/007913

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
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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Registered units
₹10.5 Cr
Est. construction cost
Units profiled
22
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
Approved plan number43/2024-2025/901Use this to match the sanctioned drawing set shown by the builder.
Plan approval date18-12-2024
Project start date06-12-2024

What the numbers tell you

Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.

Joint-development titleThis is (at least partly) a joint-development (JDA) project — the landowner and developer split the built units per an agreed ratio. Standard in Bengaluru, but it adds one check: confirm in writing that your specific unit falls in the developer's sale share, and ask to see the JDA's area-sharing clause so there's no dispute over who can sell you the flat.

🔒 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.

7 of 21 compliance document slots are filed as Not Applicable; the remaining 14 slots have usable uploaded filings.

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

Named utility/regulatory approvals

Electricity (BESCOM/ESCOM)Not found in catalog
Water & sewage (BWSSB/KWSSB)Not found in catalog
Fire NOCNot found in catalog
Pollution control (KSPCB)Not found in catalog
Environmental clearanceNot found in catalog
Airport Authority height clearanceNot found in catalog

"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.

Statutory approval status

RERA filing

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.

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

Authority / NOCStatusDateFile
Water supply and sewage boardApproved25-09-2025Water NOC (960-2025–26 dated 23-09-2025).pdf
KPTCL- BESCOMApproved20-12-2025BESCOM NOC 3898 (20-12-2025).pdf

Project team & certifications

RERA filing

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.

RoleNameRegistration / licenceSinceLocality
Chartered accountantLEKKALA KRISHNA MOORTHY247722010Bengaluru Urban, Karnataka - 560076
EngineerMADHAN VASUDEVANCA/2000/269222025Bengaluru Urban, Karnataka - 560093

Financials & Construction Progress

Financial disclosures

RERA filing

Latest quarterly filing (2025-Q4): ₹0.77 Cr collected from buyers, ₹0.23 Cr withdrawn from the project's escrow account.

Construction progress46% → 62% (+16 pts)
Buyer collections in available QPRs₹1.07 Cr
Escrow withdrawals in available QPRs₹0.45 Cr (0.42x 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.

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: HDFC C V RAMAN NAGAR IFSC Code : HDFC0004716 Pin Code : 560093. 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 — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Bellandur–Marathahalli belt4 km
Electronic City8 km
Whitefield IT hub9 km
MG Road / city centre13 km
Outer Ring Road / Manyata18 km
Kempegowda Int'l Airport33 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 Sage Ventures.

Other RERA-registered projects in Chikkakannalli

Major developers building in Chikkakannalli

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: 16 Jul 2026