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ELEGANT MYSTIC ELITE

ELEGANT BUILDERS AND DEVELOPERS · Bengaluru South · K-RERA PRM/KA/RERA/1251/310/PR/170326/008528

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
7
Other RERA projects by builder

🔒 The verdict & buyer playbook · Compliance report

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Registered units
₹2.9 Cr
Est. construction cost
Units profiled
23
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 numberBDA/TPM/PRL-26/2022-23/190/2022-23Use this to match the sanctioned drawing set shown by the builder.
Plan approval date20-04-2023
Project start date01-01-2026

🔒 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.

3 of 22 compliance document slots are filed as Not Applicable; the remaining 19 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 (NOC from ESCOMs)
Water & sewage (BWSSB/KWSSB)✓ On file (NOC for Water)
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.

Complaints on this project's K-RERA page (1 complaint listed against this promoter)

ComplaintSubject (as filed)ProjectStatus
CMP/211228/0008755
28-12-2021
cancellation cum refundELEGANT WHISPERING WINDS (another project by this promoter)DISPOSED AO

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. 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 boardApproved05-06-20251 Grampanchayath NOC.pdf
KPTCL- BESCOMApproved16-05-20252 BESCOM NOC.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 accountantP Murali Krishna2043082000Bengaluru Urban, Karnataka - 560078
EngineerCHETHAN KUMAR RBCC/BL-3.6E-4084/2015-162015Bengaluru Urban, Karnataka - 560078

Builder track record

RERA filing

Elegant Builders has 7 other K-RERA-registered projects in our records (average reported construction progress 48%). 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

Financial disclosures

RERA filing

Latest quarterly filing (2025-Q4): ₹0.00 Cr collected from buyers, ₹0.00 Cr withdrawn from the project's escrow account.

Construction progress52% → 52% (+0 pts)

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: Canara Bank BANGALORE SARAKKI LAYOUT IFSC Code : CNRB0000883 Pin Code : 560070. 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 ~18 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Electronic City18 km
MG Road / city centre20 km
Bellandur–Marathahalli belt24 km
Outer Ring Road / Manyata27 km
Whitefield IT hub32 km
Kempegowda Int'l Airport47 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 Elegant Builders. View Elegant Builders's full track record →
Elegant Builders has 8 projects registered in Bangalore, 1 past RERA deadline.

Other projects by this builder in Bangalore

Elegant Hermitage
Past deadline · 85% built · 84% sold
Elegant Aura
Filing overdue · 38% built · 44% sold
Elegant Takt
Filing overdue · 22% built · 34% sold

Other RERA-registered projects in J. P. Nagar

Major developers building in J. P. Nagar

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