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ICON MICASA

ICON INFRA SHELTERS INDIA · Bengaluru South · K-RERA PRM/KA/RERA/1251/310/PR/110422/004823

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
4
Other RERA projects by builder

🔒 The verdict & buyer playbook · Compliance report

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170
Registered units
₹63.5 Cr
Est. construction cost
Units profiled
44
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 units170Total inventory registered with K-RERA.
Official carpet area9,567 sqmRegulator-disclosed project-level carpet area, not vision-derived room sums.
Official built-up area15,262 sqmUseful scale context when comparing density and project cost.
Registered land area7,588 sqmThe land area attached to this K-RERA registration.
Sanctioned FAR/FSI1.74Higher FAR generally means a denser vertical build, subject to site layout and open-space design.
Registered towers/wings1Official tower/wing count in the K-RERA detail page.
Parking disclosed187 total (57 covered, 130 open) — 1.10 spaces/unitConfirm whether your quoted unit includes an allotted parking space and where it sits.
Approved plan numberAPA/LAO/265/2021-22Use this to match the sanctioned drawing set shown by the builder.
Plan approval date28-10-2021
Project start date31-01-2022

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
3 BHK Flats170100%9,567 sqm

Registered tower / wing summary

Tower/wingFloorsUnitsParkingHeight
ICONEST 7817018729.85 m

Official unit register

RERA filing

K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 170 official flat/unit rows, matching the 170 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
3 BHK17056.3 sqm479.7 sqm170

By tower / wing

Tower/wingRowsCarpet areaUDSParking lots
ICONEST 717056.3 sqm479.7 sqm170
Show sample official unit rows
UnitTowerFloorTypeCarpetUDSParking
102ICONEST 713 BHK56.3 sqm479.7 sqm1
103ICONEST 713 BHK56.3 sqm479.7 sqm1
104ICONEST 713 BHK56.3 sqm479.7 sqm1
105ICONEST 713 BHK56.3 sqm479.7 sqm1
106ICONEST 713 BHK56.3 sqm479.7 sqm1
107ICONEST 713 BHK56.3 sqm479.7 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 ~606 sqft — compact homes (1–2BHK / studio territory), not compact stock. This is a mid-scale project — 170 homes across 1 tower. 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 187 parking spaces for 170 homes (~1.1 per home) — about one space per home — adequate but tight if you have two cars.
Your land share (UDS)Undivided land share averages ~480 sqm per home; across all 170 homes that is ~1075% of the plot — unusually high — likely an extraction artefact; verify the UDS figures against your draft deed. 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.

⚠ 1 of 37 compliance document slots are filed as under process / not yet usable: Certificate from Chartered Account.

5 additional compliance slots are filed as Not Applicable.

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 clearanceNot found in catalog
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.

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 boardApproved07-04-2021Water Letter 07-04-2021.pdf
KSPCB- PCB (10 Acres to 125 Acres)Approved23-09-2021KSPCB CFE 23-09-2021.pdf
KPTCL- BESCOMApproved13-10-2021BESCOM NOC 13-10-2021.pdf
Fire and SafetyApproved21-08-2021NOC - Fire and Emergency Services 21-08-2021.pdf
Airport Authority of IndiaApproved13-08-2021AIRPORT NOC 13-08-2021.pdf
BSNL/Telecommunication DepartmentApproved16-11-2020BSNL NOC 16-11-2020.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 accountantRaghavendra M2290182013Bengaluru Urban, Karnataka - 560039
EngineerMunish SharmaBCC/BL-3.6 SE-183/2014-152011Bengaluru Urban, Karnataka - 560094
ArchitectMIDHULA JCA/2017/896182018Tiruchirappalli, Tamil Nadu - 621008
ContractorBhuvaneshwar Venkat Pawan Kumar-2017Bengaluru Urban, Karnataka - 560066

Builder track record

RERA filing

Icon Infra has 4 other K-RERA-registered projects in our records (average reported construction progress 100%). 3 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): ₹8.59 Cr collected from buyers, ₹6.59 Cr withdrawn from the project's escrow account.

Construction progress65% → 70% (+5 pts)
Units sold/booked as registered155/170 (91%)
Buyer collections in available QPRs₹27.06 Cr
Escrow withdrawals in available QPRs₹18.94 Cr (0.70x 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 ₹37.4 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 HSR LAYOUT SECTOR IV IFSC Code : UTIB0004823 Pin Code : 560102. 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 ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Electronic City6 km
Bellandur–Marathahalli belt17 km
MG Road / city centre21 km
Whitefield IT hub23 km
Outer Ring Road / Manyata28 km
Kempegowda Int'l Airport46 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 Icon Infra. View Icon Infra's full track record →
Icon Infra has 5 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.

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Last checked against the RERA register: 27 Jul 2026