Bangalore/Project record

K-RERA · the public record

THE GROOVE

· SAGE VENTURES

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68%construction reportedQ1 2026 filing

Free project details

Registration read 16 Jul 2026

Construction progress and dates

Promoter-reported construction

K-RERA quarterly filings · Q3 2025 to Q1 2026

declared completion

Not recorded

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

K-RERA registration · read 16 Jul 2026

RERA details for THE GROOVE

K-RERA · PRM/KA/RERA/1265/347/PR/110725/007913

Project areas, parking and inventory

Project areas and parking

RERA filing
DisclosureOfficial valueWhy it matters
Approved plan number43/2024-2025/901Use this to match the sanctioned drawing set shown by the builder.
Plan approval date18-12-2024
Project start date06-12-2024

Legal, Approvals & Project Team

Litigation & compliance

RERA filing

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

7 of 21 compliance document slots are filed as Not Applicable; the remaining 14 slots have usable uploaded filings.

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

See the filed approval statuses and linked documents →

Statutory approval status

RERA filing

2 of 2 applicable approvals are marked Approved in the filing. Check the linked documents for their scope and validity.

9 further authority slots are marked not applicable in the filing.

Authority / NOCStatusDateFile
Water supply and sewage boardApproved25-09-2025Water NOC (960-2025–26 dated 23-09-2025).pdf
KPTCL- BESCOMApproved20-12-2025BESCOM NOC 3898 (20-12-2025).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 accountantLEKKALA KRISHNA MOORTHY247722010Bengaluru Urban, Karnataka - 560076
EngineerMADHAN VASUDEVANCA/2000/269222025Bengaluru Urban, Karnataka - 560093

Financials & Construction Progress

Financial disclosures

RERA filing

Latest quarterly filing (2026-Q1): ₹3.02 Cr collected from buyers, ₹2.54 Cr withdrawn from the project's escrow account.

Construction progress46% → 68% (+22 pts)
Buyer collections in available QPRs₹4.09 Cr
Escrow withdrawals in available QPRs₹2.98 Cr (0.73x collections)
  • Construction progress moved from 46% to 68% across the filed QPR window.
  • The builder has drawn 0.73x of buyer collections from escrow (about 73% of the ₹4 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.

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: HDFC C V RAMAN NAGAR IFSC Code : HDFC0004716 Pin Code : 560093. 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 16 km in a straight line from the mapped location. Road distance and travel time will differ.

LandmarkStraight-line
Whitefield IT hub16 km
Bellandur–Marathahalli belt22 km
Electronic City26 km
MG Road / city centre31 km
Outer Ring Road / Manyata32 km
Kempegowda Int'l Airport36 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 Sage Ventures.

Other RERA-registered projects in Chikkakannalli

Major developers building in Chikkakannalli

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.

Registration last seen on RERA: 16 Jul 2026. Document and inventory dates are shown in their sections.