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Registration approved Litigation declared Residential/Group Housing project

AMBIENCE DOWNTOWN

By PARAKITE BUILDERS PRIVATE LIMITED

RG-KA-90866 · RERA PRM/KA/RERA/1251/446/PR/191107/002995 · Last updated on RERA Karnataka portal: 15 Jul 2026

Source: official RERA Karnataka filing

Red flags

  • Litigation declared, 4 cases
  • Completion date moved by 45 months
  • 3 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2026Possession promisedmoved 45 months from the original
3 of 18Construction stages donefurthest along: Plastering inside, 90%
47 of 92Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 105 documents Report an error

AMBIENCE DOWNTOWN is a Residential/Group Housing project by PARAKITE BUILDERS PRIVATE LIMITED in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/191107/002995 on 7 Nov 2019. Possession is promised by 31 Dec 2026. The completion date has moved by 45 months from the original filing. 45 of the 92 units on this registration are recorded sold or booked, and 3 of 18 construction stages are filed complete.

At a glance

Project

  • NameAMBIENCE DOWNTOWN
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/446/PR/191107/002995
  • ReraGenie IDRG-KA-90866

Builder

  • NamePARAKITE BUILDERS PRIVATE LIMITED
  • Entity typeCompany
  • CINU45309KA2016PTC098163
  • Authorized SignatoryAvinash Agarwal
  • DirectorsAvinash Agarwal, Gautam Jain Chand, Mukul Agarwal, Mahabir Prasad Agarwal, Venugopal Sarvisetty, Ramesh Babu Sarvisetty

Key dates

this monthRegisteredNov 2019First promiseMar 2023Revised toDec 2026

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Nov 2019
  • Promised completion31 Dec 2026
  • Revised completionRevised to 31 Dec 2026 (originally 31 Mar 2023)
  • Buildings1 building record
  • Documents filed105 files

Current status

49%45 of 92 units booked
1.9%Of the estimated cost spent so far

Figures as on 15 Jul 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TOWER A---92092

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 15 Jul 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

3 of 18 construction stages are filed complete. The stage furthest along is Plastering inside, at 90%.

Building: 43% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work100%
Foundation footing work100%
Retaining wall (All types)80%
Plinth level Beam75%
Sub-structure flooring (Parking Floor, more than one floor below general ground level)75%
RCC or MS Framed structure100%
Masonry construction: Bricks, Concrete blocks etc75%
Plastering inside , outside & Ceiling90%
Joinery: Doors, Windows, Ventilators etc70%
Basic work of Water supply, Sanitary and Electrification0%
Dadoing, Skirting, Flooring, Tiles work (All types)0%
Railing and Grill fixing0%
Electrification, Water supply and Sanitary Finishing15%
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network0%
Weather Proof work(tile,concrete)0%
Painting0%
Elevation work0%
Internal and External work including landscapes as per santioned drawings0%

Progress on shared amenities41

As on 15 Jul 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes45%
Internal Roads & FootpathsYes0%
Sewage and Drainage SystemYes40%
Parks & Tree plantingYes0%
Street LightingYes0%
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes0%
Solid waste management and disposalYes0%
Water conservationYes0%
Energy managementYes0%
Fire protection and fire safety requirementsYes0%
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes0%
Emergency Evacuation servicesYes0%
Storm water drainsYes0%
Use of renewable energyYes0%
Water conservation/rain water harvesting/recharge of ground waterYes0%
ElectricityYes36%
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes0%
Club HouseYes65%
Community HallYes60%
Outdoor Sports facilityYes0%
Indoor Sports facilityYes60%
Swimming PoolYes58%
GymYes58%
ParksNoNot applicable
Power BackupYes0%
GasYes0%
Water and SanitationYes0%
Air Conditioning And incerntionYes0%
StaircasesYes70%
LiftsYes70%
Staircases and Lift lobbies, corridor,lobbies, corridorYes70%
Fire escapesYes0%
Common entrance and exit for the building / common portico/foyer/verandahYes0%
BasementYes100%
TerraceYes75%
Outer WallYes0%
Open parking areas and common storage spacesYes0%
Provision for lodging of management staff and security staffYes0%
Water conservation and renewable energyYes0%

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area8,627 sq m
Named landownersNone

Project account and cost

70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Estimated costRs 169.86 cr
Cost incurredRs 3.28 cr
Spent of the estimate1.93%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 142.30 crRs 3.94 lakh
Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for constructionRs 15.50 crRs 2.88 cr
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 12.06 crRs 36.19 lakh

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectMA Architects Pvt. Ltd.
EngineerDesigntree Service Consultants Pvt. Ltd.

Extensions applied for3

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionMar 2023 → Dec 2023

No reason recorded in the filing

EX/PRM/KA/RERA/1251/446/PR/231010/002995Dec 2023 → Dec 2024

Reason as filed by the promoterApplied for modification

ExtensionDec 2024 → Dec 2026

No reason recorded in the filing

Litigation declared4

CaseCourtStatus
WP 10930/2020/2020Highcourt/THE STATE OF KARNATAKA-
WP 15968/2019/2019THE STATE OF KARNATAKA-
WP 11152/2020/2020THE STATE OF KARNATAKA-
WP 10970/2020/2020THE STATE OF KARNATAKA-

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed105

As listed on the registration, under the names the promoter filed them with; the newest 80 of 105 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/191107/002995 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Parakite Form 4.pdf15 Jul 2026
Q1 2026-27 Form-5 Certificate issued by ArchitectFile: form 5.pdf15 Jul 2026
Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form 6 Eng Cert - June 26 - ADT.pdf15 Jul 2026
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4 ADT RERA March 26.pdf15 Apr 2026
Q4 2025-26 Form-5 Certificate issued by ArchitectFile: RERA Certificate March 2026 (14-04-2026).pdf15 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form 6 Eng Cert - Mar 26 - ADT.pdf15 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4PARAKITE BUILDERS PVT LTD Q3.pdf20 Feb 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: ADT_Form_5_Arc_Cert_29th Jan_2026.pdf20 Feb 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form 6 Eng cert - Dec 25 - ADT.pdf20 Feb 2026
EXPLANATION TO QUERYFile: EXPLANATION TO QUERY.pdf21 Apr 2021
G + 13 LICENSE COPYFile: G 13 Licence Copy.pdf29 Mar 2021
BANK STATEMENT - ICICIFile: ICICI Bank Statement.pdf29 Mar 2021
MODIFIED SANCTION PLANFile: MODIFIED BBMP PLAN.pdf29 Mar 2021
EXPLANATION TO QUERYFile: EXPLANATION TO QUERY.pdf29 Mar 2021
CertificateFile: COMPANY INCORP CERT GST PAN.pdf-
Project Details-
Already registered project ongoing detailsFile: PRMKARERA1251446PR191107002995.pdf-
Modified plan details site plan, floor plans, Plan Licence LetterFile: Licence Copy.pdf-
Elevation, Sections, Specifications ( If changes are there )File: ELEVATION SECTION PLAN.pdf-
List Of AllotteesFile: No Sales.pdf-
List Of ComplaintsFile: No Sales.pdf-
Consent LetterFile: No Sales.pdf-
List Of Pending LitigationsFile: NIL Litigation.pdf-
Chartered Accountant CertificateFile: CA CERT ADT DEC 2020.pdf-
Notarized AffidavitFile: Affidavit.pdf-
Engineer CertificateFile: ENG CERT ADT DEC 2020.pdf-
Architect CertificateFile: ARCH CERT ADT DEC 2020.pdf-
Structural Engineer Certificate for stability of structureFile: STRUCTURAL STABILITY CERTIFICATE.pdf-
Modification of Plan DetailsFile: SANCTION PLAN and LETTER 5MB.pdf-
Modification of Plan DetailsFile: MODIFIED BBMP PLAN.pdf-
Modification of Plan DetailsFile: COMMENCEMENT CERTIFICATE.pdf-
Modification of Plan DetailsFile: COMMENCEMENT CERTIFICATE.pdf-
Modification of Plan DetailsFile: SOLD UNSOLD.pdf-
Modification of Plan DetailsFile: SOLD UNSOLD.pdf-
Document 1File: AAI 11 05 2017.pdf-
Document 2File: Bescom 1 10 2020.pdf-
Document 3File: Fire NOC 4 12 2019.pdf-
Document 4File: KSPCB MOEF.pdf-
Document 5File: KSPCB 04 03 2020.pdf-
PLANS 1 - 5File: PLANS 5.pdf-
PLANS 6 - 10File: PLANS 10.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect certificate - Status of work.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer - Status of work.pdf-
CA Certificate for Funds UtilizationFile: Fund Utilisation Certificate.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect certificate - Pending work.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer - Pending work.pdf-
CA Certificate for Funds required for Project CompletionFile: Fund Required Certificate.pdf-
AffidavitFile: Affidavit Cum Declaration.pdf-
Latest Encumbrance CertificateFile: EC 2004-2023.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: EC 2004-2023.pdf-
Document 2File: Form B Affidavit.pdf-
Document 3File: KSPCBMOEF.pdf-
Document 4File: AAI.pdf-
Document 5File: BWSSB.pdf-
Document 6File: Bescom.pdf-
Document 7File: Fire NOC.pdf-
Document 8File: BSNL.pdf-
Document 9File: Form 4 - June 2023.pdf-
Document 10File: Form 5 - June 2023.pdf-
Document 11File: Form 6 - June 2023.pdf-
CC-
SANCTION PLAN and LETTER 5MB-
Draft Allotment Letter-
Draft Allotment Letter-
SALE DEED RTC-
SANCTION PLAN and LETTER 5MB-
Area CDP Plan-
Draft Allotment Letter-
BROCHURE-
Project Specifications-
EC 12 YEARS 19-
Affidavit Section 3_1 Ambience Downtown-
JDA Affidavit Ambience Downtown-
KHATA RTC-
JDA GPA-
RTC MR TIP AKAR IHC-
CONVERSION ORDER-
ADVOCATE SEARCH REPORT 1MB-
RELINQUISHMENT DEED-

How this compares with Bengaluru Urban

49%of this project is bookeddistrict median 51%
34%of Bengaluru Urban projects moved their completion datethis one moved by 45 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmAMBIENCE DOWNTOWNOther 9Dot size: filed unitsN

Filed coordinates, straight-line distance. 9 registered projects within 2 km.

Builder: PARAKITE BUILDERS PRIVATE LIMITED

PARAKITE BUILDERS PRIVATE LIMITED has 1 registration on RERA Karnataka, including AMBIENCE DOWNTOWN. Its filings disclose no earlier RERA Karnataka projects. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if AMBIENCE DOWNTOWN is delayed beyond 31 Dec 2026?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.

How do I verify and contact the developer of AMBIENCE DOWNTOWN?

The registered promoter entity is PARAKITE BUILDERS PRIVATE LIMITED, a company as per the filing. Its CIN U45309KA2016PTC098163 can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.

Is my payment protected in AMBIENCE DOWNTOWN?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

Who certifies construction progress at AMBIENCE DOWNTOWN?

The professionals named in the filing: Architect: MA Architects Pvt. Ltd.; Engineer: Designtree Service Consultants Pvt. Ltd.. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in AMBIENCE DOWNTOWN?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; how the declared litigation on this registration affects your risk; why the completion date was revised and what the new timeline depends on.

Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.

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