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The Right Life

NEOBUILD VENTURES · Bengaluru East · K-RERA PRM/KA/RERA/1251/308/PR/280324/006766

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
3
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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864
Registered units
₹584.0 Cr
Est. construction cost
Units profiled
50
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 units864Total inventory registered with K-RERA.
Official carpet area87,770 sqmRegulator-disclosed project-level carpet area, not vision-derived room sums.
Official built-up area133,294 sqmUseful scale context when comparing density and project cost.
Registered land area62,473 sqmThe land area attached to this K-RERA registration.
Sanctioned FAR/FSI3Higher FAR generally means a denser vertical build, subject to site layout and open-space design.
Registered towers/wings3Official tower/wing count in the K-RERA detail page.
Parking disclosed1,104 total (687 covered, 61 open) — 1.28 spaces/unitConfirm whether your quoted unit includes an allotted parking space and where it sits.
Approved plan numberBDA/EM/EO-1/TA-4/EAST/52/2023-24Use this to match the sanctioned drawing set shown by the builder.
Plan approval date12-02-2024
Project start date01-04-2024

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
2 BHK S27312%80 sqm
2 BHK S18214%80 sqm
EWS 1335%22 sqm
3 BHK L16427%108 sqm
2 BHK14023%75 sqm
2.5 BHK8214%88 sqm
EWS 2274%22 sqm

Registered tower / wing summary

Tower/wingFloorsUnitsParkingHeight
Tower 134288368-
Tower-0234288368-
Tower-334288368-

Official unit register

RERA filing

K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 864 official flat/unit rows, matching the 864 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
3BHK40588.5-122.0 sqm41.2-60.0 sqm405
3.5BHK312109.6-122.0 sqm49.9-60.0 sqm624
1BHK14721.0-21.3 sqm8.7-12.0 sqm75 (72 with 0)

By tower / wing

Tower/wingRowsCarpet areaUDSParking lots
Tower 128821.0-122.0 sqm8.7-60.0 sqm368 (24 with 0)
Tower-0228821.0-122.0 sqm8.7-60.0 sqm368 (24 with 0)
Tower-328821.0-122.0 sqm8.7-60.0 sqm368 (24 with 0)
Show sample official unit rows
UnitTowerFloorTypeCarpetUDSParking
G01Tower 103BHK88.5 sqm43.3 sqm1
G03Tower 103BHK96.0 sqm45.7 sqm1
G04Tower 103.5BHK122.0 sqm60.0 sqm2
G05Tower 103.5BHK122.0 sqm60.0 sqm2
G06Tower 103.5BHK121.8 sqm59.8 sqm2
G07Tower 103BHK96.0 sqm45.7 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 ~990 sqft — mid-format homes (2–3BHK territory), not compact stock. This is a mid-scale project — 864 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 1,104 parking spaces for 864 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 ~43 sqm per home; across all 864 homes that is ~60% of the plot — on the lower side — the undivided shares sum to noticeably less than the plot, worth asking the builder why before relying on it. Low UDS relative to land can mean the builder keeps land value the flat owners think they're buying.
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.

14 of 43 compliance document slots are filed as Not Applicable; the remaining 29 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)✓ On file (Electricity Permission Letter)
Water & sewage (BWSSB/KWSSB)✓ On file (Water Permission Letter)
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)

1 K-RERA order on this project (PROJECT MODIFICATION) — read the order copies on the K-RERA portal.

Statutory approval status

RERA filing

Clean approvals profile: every applicable statutory NOC is on file — including Fire NOC 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. Note environmental clearance is not among the approvals K-RERA marks applicable to this project — if the named-approvals check shows it as "not found in catalog", that is why; ask the builder directly whether it applies here. 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.

Authority / NOCStatusDateFile
Water supply and sewage boardApproved21-07-2023NOC - Panchayat (Water Supply) - Attested 21-7-23.pdf
KSPCB- PCB (10 Acres to 125 Acres)Approved19-10-2023NOC - KSPCB - Attested 19-10-23.pdf
KPTCL- BESCOMApproved06-07-2023NOC - BESCOM - Attested 6-7-23.pdf
Fire and SafetyApproved17-11-2023NOC - FIRE - Attested 17-11-23.pdf
Airport Authority of IndiaApproved10-08-2023NOC - AAI - Attested 10-8-23.pdf
BSNL/Telecommunication DepartmentApproved29-08-2023NOC - BSNL - Attested 29-8-23.pdf

Project team & certifications

RERA filing

K-RERA names 4 project professional/vendor rows across Chartered accountant, Engineer, Architect, Contractor. 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 accountantKrishna Reddy Gundluri2342382014Bengaluru Urban, Karnataka - 560103
EngineerBALAJI K NBCC/BL3.6/E0345/21- 222021Bengaluru Urban, Karnataka - 560043
ArchitectAnup Naik96/207941997Bengaluru Urban, Karnataka - 560052
ContractorNeobuild Ventures LLP-2023Bengaluru Urban, Karnataka - 560035

Builder track record

RERA filing

Neobuild Ventures has 3 other K-RERA-registered projects in our records (average reported construction progress 8%). 0 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-Q3): ₹47.55 Cr collected from buyers, ₹18.48 Cr withdrawn from the project's escrow account.

Construction progress24% → 24% (+0 pts)
Units sold/booked as registered356/864 (41%)
Buyer collections in available QPRs₹47.55 Cr
Escrow withdrawals in available QPRs₹18.48 Cr (0.39x 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 ₹67.6 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: Axis Bank Kadubeesanahalli IFSC Code : UTIB0004891 Pin Code : 560103. 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 ~8 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Bellandur–Marathahalli belt8 km
Whitefield IT hub8 km
Electronic City11 km
MG Road / city centre17 km
Outer Ring Road / Manyata21 km
Kempegowda Int'l Airport34 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 Neobuild Ventures.
Neobuild Ventures has 4 projects registered in Bangalore.

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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.

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Last checked against the RERA register: 27 Jul 2026