ISR ASHRITA

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. 191 official flat/unit rows vs 192 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

Litigation status was not supplied in the captured record. This is not confirmation that there are no cases.

9 of 27 compliance document slots are filed as Not Applicable; the remaining 18 slots have usable uploaded filings.

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

⚠ Registration validity has lapsed: originally due 24 Nov 2020, extended (Section 6 Extension) to 24 Aug 2022 — both dates have passed with no OC on file. The extension on file was granted on 24 May 2022 (K-RERA extension no. EX/PRM/KA/RERA/1251/446/PR/220524/001828) — it has been used, its deadline has also passed, and no further extension is recorded.

Isr Constructions has 2 other K-RERA-registered projects in our records (average reported construction progress 71%). 2 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 higher 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

⚠ No quarterly financial disclosures (collections, escrow withdrawals) on record, despite no completion certificate yet — meaning we can't verify the project's cashflows against its construction progress. Worth asking the builder directly why no quarterly filings are available.

Declared construction cost ÷ registered units averages to ₹20.1 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: STATE BANK OF INDIA BANGALORE CITY BRANCH J C ROAD (IFSC SBIN0000814, a/c …3838). 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 2 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.