Under ConstructionMahaRERA: PRM/KA/RERA/1251/309/PR/171014/000542Truth Score™ 68/100 (Grade B)
Radiance IRIS
MahaRERA Verified Project

Configurations

2 BHK

Layout options

Possession

31-08-2

Target completion

RERA Carpet Area

1023 sq.ft

Sanctioned carpet

Inventory Status

78/120 Units Sold (65%)

42 units available

68Grade B

4-Pillar Statutory Truth Audit

Multi-Axis Radar

Moderate Risk · Watch Timelines · Negotiate on Pricing

This Project
MMR Benchmark (70)
Legal & Title Cleanliness (12/25)Timeline Honesty (25/25)Construction Velocity (20/25)Financial & Escrow Health (11/25)

Pillar-by-Pillar Verification

Legal & Title Cleanliness12 / 25 pts
Performance: 48% of statutory ceilingAction Required
Timeline Honesty25 / 25 pts
Performance: 100% of statutory ceilingSuperior Protection
Construction Velocity20 / 25 pts
Performance: 80% of statutory ceilingSuperior Protection
Financial & Escrow Health11 / 25 pts
Performance: 44% of statutory ceilingAction Required
Statutory Buyer Negotiation Levers

42 unsold units remaining in the project. High leverage for parking/floor-rise waiver.

Verified Green Flags (4)
  • ✓Zero project completion extensions on government record.
  • ✓Active construction pace: 81.7% physical completion.
  • ✓Clean legal record: Zero court litigations disclosed.
  • ✓Moderate sales absorption: 65% sold.
Noted Statutory Caveats (3)
  • !Legal Title Certificate not verified in public disclosure.
  • !Commencement Certificate (CC) document missing or pending.
  • !Designated statutory escrow bank account details unverified.
Statutory Buyer Due Diligence Dossier

Instant statutory audit with advocate title verification, Section 4 escrow bank account, and litigation history.

Download Audit Report (PDF)

Statutory Legal Title & Litigation Audit

Mandatory disclosures under Section 4(2)(l) of Real Estate (Regulation and Development) Act.

Clean Legal Record (Zero Litigations)

Clean Legal Title Disclosed

Zero pending suits, encumbrances, or court proceedings have been filed against Radiance IRIS under MahaRERA Section 4(2)(l). Title certificate verified by accredited legal advocate.

Promoter Legal Entity

Statutory corporate identity under Companies Act / LLP Act.

Legal Name:Radiance Realty Developers India Limited
Organization Type:Company
Registered Office:

Bengaluru North

MahaRERA Audited Inventory Disclosures

Interactive Unit & Floor Stacking Plan

Inspect real-time booked vs available statutory units, exact RERA carpet areas, and floor placements directly reported by the promoter.

Available Unit
RERA Booked
Total Sanctioned Units

120

Statutory layout capacity
Available for Booking

42

Immediate inventory
Officially Booked

78

Agreements registered
Absorption Velocity

65%

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Inventory Absorption & Sales Velocity

MahaRERA Audited

Real statutory unit booking progress registered in public government filings.

Booked (78)
Available (42)
65%Units Sold78 of 120

42 Units Remaining For Selection

Absorption Velocity: Healthy Market Absorption

Configuration-wise Absorption

2 BHK· ~1023 sq.ft
78/120 sold65%
Available: 42 unitsLeverage: High Choice / Negotiable

Direct Government Data Advantage:Unlike developer sales brochures that often report artificial scarcity ("90% sold out"), this graph shows verified unit allocations registered under MahaRERA statutory Section 4 disclosures.

58%Physical

Physical Milestone Timeline (S-Curve)

Active Construction

Target Possession: 31-08-2 · Verified statutory engineer progress.

Cumulative Earned Value Progress (EVM)
Actual Pace (58%)
Planned S-Curve
0%25%50%75%100%Foundation & PlinthMid-Tower SlabsPlaster & MEPStatutory OC / Possession

Pace on Track · Target Timeline Intact

Physical progress is weighted scientifically using civil engineering ratios: Substructure (15%), Superstructure (35%), Envelope & Finishing (30%), and MEP / Final OC (20%).

Physical Construction Activity Breakdown

Statutory stage-wise engineering completion filed under Section 4(2)(l)(D).

Overall Velocity:49%

Excavation

100%
Phase Status:Completed

Basement

0%
Phase Status:Scheduled

Podiums

0%
Phase Status:Scheduled

Plinth

100%
Phase Status:Completed

Super Structure Slabs

85%
Phase Status:Active In-Progress

Internal Walls & Plaster

75%
Phase Status:Active In-Progress

Sanitary Fittings

70%
Phase Status:Active In-Progress

Staircases & Lifts

0%
Phase Status:Scheduled

External Plumbing & Water Proofing

0%
Phase Status:Scheduled

Common Amenities

60%
Phase Status:Active In-Progress

Sanctioned Towers & Delivery Targets

Official building wings sanctioned by planning authorities.

Tower 11 Wing

Tower A

Target Delivery: 31-08-2019

About the Project

Radiance IRIS by Radiance Realty Developers India is an official statutory Karnataka RERA registered development (PRM/KA/RERA/1251/309/PR/171014/000542). Moderate Risk · Watch Timelines · Negotiate on Pricing.

Amenities & Infrastructure

Water conservation/rain water harvesting/recharge of ground waterGymFire protection and fire safety requirementsClub HouseLiftsIndoor Sports facilitySwimming PoolInternal Roads & Footpaths

Floor Plans & Sanctioned Blueprints

Official municipal sanctioned layout drawings filed with MahaRERA.

2 BHK & 3 BHK Apartments1,022 sq.ft (95.0 sq.m)
Sanctioned BlueprintMahaRERA Sanctioned Drawing
Sanctioned layout on statutory file

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Location & Connectivity

Bengaluru North, Bengaluru Urban, Karnataka

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Bengaluru North Micro-Market Capital Trend

+43% 5-Yr Growth

Registered transaction rate per sq.ft based on statutory title deeds and micro-market filings.

2026 Registered Rate

₹7,200 / sq.ft

202120222023202420252026

5-Yr Capital Gain

+43%

~7.6% Annualized CAGR

Gross Rental Yield

3.7%

~₹22/sq.ft monthly rental

Infrastructure Driver

Bengaluru North

High Growth Corridor · Highway & Railway Connectivity

Official Statutory Pricing

Price on Request

Government filings verify 42 unsold units remaining in this development.

Explore More & Related Links

Deep-dive into verified statutory data, developer portfolios, and neighborhood projects.

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