EMBASSY VERDE PHASE 2

Project facts and comparisons

Source: K-RERA. Each comparison names the group of projects used.

Project areas, parking and inventory

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. 378 official flat/unit rows vs 702 registered units disclosed above; ask why the row count differs. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.

Legal, Approvals & Project Team

⚠ 35 litigation cases on record

• Civil — 2 Additional Senior Civil Judge Devanahalli Yeshwanth (2021)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2015)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2016)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2015)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2015)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2019)
• Civil — 1 st Additional Senior Civil Judge Devanahalli Hon'ble Judge Yeshwanth (2020)
• Civil — The Principal Senior Civil Judge, Devanahalli Praveen Nayak (2022)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2020)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2006)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2011)
• Civl — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2006)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2014)
• Civil — The Hon'ble High Court of Karnataka Hon'ble Judge Mr.Sunil Dutt Yadav (2025)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2015)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2015)
• Civil — Additional Civil Judge & JMFC Devanahalli Hon'ble Judge Chandrika (2015)
• Civil — The Principal Civil Judge & JMFC, Devanahalli Hon'ble Judge Venkatesh (2019)
• Civil — The High Court of Karnataka Hon’ble Mr. Justice Anu Sivaraman and Hon'ble Justice Vijaykumar A Patil (2019)
• Civil — Principal Civil Judge & JMFC Devanahalli Hon'ble Judge Venkatesh (2015)
• Civil — 2 Additional Senior Civil Judge Devanahalli Hon'ble Judge Yeshwanth (2015)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2015)
• Civil — 2 Additional Senior Civil Judge Devanahalli Hon'ble Judge Yeshwanth (2013)
• Civil — Additional Civil Judge & JMFC Devanahalli Hon'ble Judge Chandrika (2016)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2015)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2016)
• Civil — Additional Civil Judge & JMFC Devanahalli Hon'ble Judge Chandrika (2015)
• Civil — Additional Civil Judge & JMFC Devanahalli Hon'ble Judge Chandrika (2015)
• Civil — Principal Civil Judge & JMFC Devanahalli Hon'ble Judge Venkatesh (2015)
• Civil — Senior Civil Judge Devanahalli Hon'ble Judge Praveen Nayak (2008)
• Civil — High court of Karnataka Hon'ble Justice Ashok.S.Kinagi (2017)
• Civil — The High Court of Karnataka Hon’ble Mr. Justice D.K.Singh and Hon'ble Justice S.Rachaiah (2015)
• Civil — The Additional Civil Judge, Devanahalli Judge Chandrika (2025)
• Civil — III Additional Senior Civil Judge, Devanahalli Judge Yeshawanth (2025)
• Civil — The Senior Civil Judge, Devanahalli Judge Praveen Nayak (2019)

⚠ 1 of 27 compliance document slots are filed as under process / not yet usable: Relinquishment Deed.

2 additional compliance slots are filed as Not Applicable.

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

See the filed approval statuses and linked documents →

10 further authority slots are marked not applicable in the 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.

Embassy has 9 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 “Embassy Developments”) (average reported construction progress 64%). 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 (2026-Q1): ₹21.61 Cr collected from buyers, ₹40.83 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹40.83 Cr) exceeded buyer collections (₹21.61 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.

• 99% of registered units are shown as sold/booked, but no completion certificate is on file yet.
• Construction progress moved from 0% to 3% across the filed QPR window.
• The builder has drawn 0.58x of buyer collections from escrow (about 58% of the ₹70 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.
• 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 ₹45.3 lakhs per unit — the developer's own declared construction/development cost, not a unit agreement or asking price. This project-cost average cannot establish whether a quoted unit price is fair. Compare the exact unit, area basis, date and included charges in any price evidence.

RERA 70% project account is on file: HDFC Kasturba Road IFSC Code : HDFC0000009 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 of the listed job hubs is about 18 km in a straight line from the mapped location. Road distance and travel time will differ.

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.