RAAGAM PHASE-1

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.

Legal, Approvals & Project Team

The promoter answered No to the land-litigation question. This is a filed declaration, not a court search.

⚠ 2 of 29 compliance document slots are filed as under process / not yet usable: District Magistrate, Proforma For Sale Deed.

4 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 →

11 further authority slots are marked not applicable in the 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.

One Bangalore has 7 other K-RERA-registered projects in our records (average reported construction progress 26%). 1 is 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

Latest quarterly filing (2026-Q1): ₹1.13 Cr collected from buyers, ₹156.60 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹156.60 Cr) exceeded buyer collections (₹1.13 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.

• Construction progress moved from 67% to 94% across the filed QPR window.
• Across available QPR rows, escrow withdrawals are 59.44x buyer collections. Ask the builder to reconcile this against certified project costs and prior-period balances.
• 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.

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: ICICI Bank Residency Road, Bangalore IFSC Code : ICIC0007429 Pin Code : 560025. 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.