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NEON
RG-KA-22575 · RERA PRM/KA/RERA/1251/308/PR/050725/007897 · Last updated on RERA Karnataka portal: 14 Oct 2026
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
NEON is a Residential/Group Housing project by MODERN PROJECTS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/050725/007897 on 5 Jul 2025. Possession is promised by 31 Dec 2030. 122 of the 292 units on this registration are recorded sold or booked, and 2 of 18 construction stages are filed complete.
At a glance
Project
- NameNEON
- TypeResidential/Group Housing
- Location
- Anekal
- Bengaluru Urban
- 562125
- Pincode562125
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/308/PR/050725/007897
- ReraGenie IDRG-KA-22575
Builder
- NameMODERN PROJECTS
- Entity typePartnership Firm
- GSTIN29ABVFM5716H1ZM
- Authorized SignatorySHRAVANTH P
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on5 Jul 2025
- Promised completion31 Dec 2030
- Revised completionNone
- Buildings3 building records
- Documents filed111 files
Current status
Figures as on 14 Oct 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Tower A | - | - | - | 102 | 0 | 102 |
| Tower B | - | - | - | 95 | 0 | 95 |
| Tower C | - | - | - | 95 | 0 | 95 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 14 Oct 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.
2 of 18 construction stages are filed complete. The stage furthest along is Foundation footing work, at 75%.
Building: 19% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 100% |
| Foundation footing work | 75% |
| Upto Plinth Level | 70% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 0% |
| Retaining wall (All types) | 100% |
| RCC or MS Framed structure | 0% |
| Masonry Construction | 0% |
| Plastering inside , outside & Ceiling | 0% |
| Joinery: Doors, Windows, Ventilators etc | 0% |
| Basic work of Water supply, Sanitary and Electrification | 0% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 0% |
| Railing and Grill fixing | 0% |
| Electrification, Water supply and Sanitary Finishing | 0% |
| Painting | 0% |
| Fire prevention and fire fighting fitting and fixture with network | 0% |
| Weather Proof work(tile,concrete) | 0% |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | 0% |
| Internal and External work including landscapes as per sanctioned drawings | 0% |
Progress on shared amenities40
As on 14 Oct 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | 0% |
| Sewage and Drainage System | Yes | 0% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 0% |
| Energy management | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Solid waste management and disposal | Yes | 0% |
| Emergency Evacuation services | Yes | 0% |
| Internal Roads & Footpaths | Yes | 0% |
| Electricity supply transformer and substation | Yes | 0% |
| Storm water drains | Yes | 0% |
| Use of renewable energy | Yes | 0% |
| Sewage Treatment Plant (STP) | Yes | 0% |
| Parks & Tree planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Electricity | Yes | 0% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | 0% |
| Club House | Yes | 0% |
| Community Hall | Yes | 0% |
| Outdoor Sports facility | Yes | 0% |
| Indoor Sports facility | Yes | 0% |
| Swimming Pool | Yes | 0% |
| Gym | Yes | 0% |
| Parks | Yes | 0% |
| Power Backup | Yes | 0% |
| Piped Gas | Yes | 0% |
| Water and Sanitation | Yes | 0% |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 0% |
| Lifts | Yes | 0% |
| Corridor/Lobbies | Yes | 0% |
| Fire escapes | Yes | 0% |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | 0% |
| Basement | Yes | 0% |
| Terrace | Yes | 0% |
| Outer Wall | No | Not applicable |
| Open parking areas | Yes | 0% |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | 0% |
| Common storage spaces | No | Not applicable |
Land and ownership3
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| MODERN PROJECTS | - | - |
| MODERN PROJECTS | - | - |
| MODERN PROJECTS | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 130.00 cr | Rs 22.76 cr |
| Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for construction | Rs 15.00 cr | Rs 6.11 cr |
| Administrative Costs | Rs 5.00 cr | Rs 20.54 lakh |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | LAKSHMAN D N |
| Engineer | VENKATESH CHOPPA |
| Chartered Accountant | CA SUHAS D |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed111
As listed on the registration, under the names the promoter filed them with; the newest 80 of 111 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/308/PR/050725/007897 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form-4 Neon Q2 26-27.PDF | 14 Oct 2026 |
| Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Form-5 Neon Q2 26-27.pdf | 14 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form-6 Neon Q2 26-27.pdf | 14 Oct 2026 |
| Q2 2026-27 Water supply and sewage board | 14 Oct 2026 |
| Q2 2026-27 KSPCB- PCB (10 Acres to 125 Acres) | 14 Oct 2026 |
| Q2 2026-27 KSPCB- MOEF (Above 50 Acres) | 14 Oct 2026 |
| Q2 2026-27 KPTCL- BESCOM | 14 Oct 2026 |
| Q2 2026-27 Fire and Safety | 14 Oct 2026 |
| Q2 2026-27 Airport Authority of India | 14 Oct 2026 |
| Q2 2026-27 BSNL/Telecommunication Department | 14 Oct 2026 |
| Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: 2026-06-30_Form 4_NEON.pdf | 13 Jul 2026 |
| Q1 2026-27 Form-5 Certificate issued by ArchitectFile: NEON_RERA_FORM 5.pdf | 13 Jul 2026 |
| Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: NEON_RERA_FORM 6.pdf | 13 Jul 2026 |
| Q1 2026-27 Water supply and sewage board | 13 Jul 2026 |
| Q1 2026-27 KSPCB- PCB (10 Acres to 125 Acres) | 13 Jul 2026 |
| Q1 2026-27 KSPCB- MOEF (Above 50 Acres) | 13 Jul 2026 |
| Q1 2026-27 KPTCL- BESCOM | 13 Jul 2026 |
| Q1 2026-27 Fire and Safety | 13 Jul 2026 |
| Q1 2026-27 Airport Authority of India | 13 Jul 2026 |
| Q1 2026-27 BSNL/Telecommunication Department | 13 Jul 2026 |
| Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: 2026-03-31_Form 4_NEON.pdf | 20 Apr 2026 |
| Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Neon Form 5.pdf | 20 Apr 2026 |
| Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Neon Form 6.pdf | 20 Apr 2026 |
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form_4_NEON.pdf | 21 Jan 2026 |
| Q3 2025-26 Form-5 Certificate issued by ArchitectFile: FORM_5_NEON.pdf | 21 Jan 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: FORM_6_NEON.pdf | 21 Jan 2026 |
| NEON proforma Agreement of SaleFile: 1 NEON proforma Agreement of Sale.pdf | 27 Jun 2025 |
| Proforma Allotment LetterFile: 2 Proforma Allotment Letter.pdf | 27 Jun 2025 |
| Neon_land_cost calculationFile: 3 Neon_land_cost calculation.pdf | 27 Jun 2025 |
| Form-1 CA Certificate NeonFile: 4 Form-1 CA Certificate Neon.pdf | 27 Jun 2025 |
| RTC, survey 87/3 | - |
| Mutation, survey 87/3 | - |
| Encumbrance Certificate, survey 87/3 | - |
| Conversion/Alienation Order, survey 87/3 | - |
| Sale/Title/Gift Deed, survey 87/3 | - |
| Khatha, survey 87/3 | - |
| RTC, survey 87/4 | - |
| Mutation, survey 87/4 | - |
| Encumbrance Certificate, survey 87/4 | - |
| Conversion/Alienation Order, survey 87/4 | - |
| Sale/Title/Gift Deed, survey 87/4 | - |
| Khatha, survey 87/4 | - |
| RTC, survey 87/4 | - |
| Mutation, survey 87/4 | - |
| Encumbrance Certificate, survey 87/4 | - |
| Conversion/Alienation Order, survey 87/4 | - |
| Sale/Title/Gift Deed, survey 87/4 | - |
| Khatha, survey 87/4 | - |
| Registration CertificateFile: FIRM_REGISTRATION_MODERN_PROJECTS.pdf | - |
| GST CertificateFile: Modern Projects GST Certificate.pdf | - |
| Partnership DeedFile: Reconstituion Deed Modern Projects Dated 26-10-2024.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form-1 CA Certificate Neon.pdf | - |
| Certificate issued by Architect Form 2File: FORM_2_NEON.pdf | - |
| Certificate issued by Engineer Form 3File: FORM_3_NEON.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: Non_Litigation Affidavit.pdf | - |
| Balance Sheet 2023 - 2024File: Financials FY 23-24 22-23.PDF | - |
| Balance Sheet 2022 - 2023File: Financials FY 23-24 22-23.PDF | - |
| Audited Profit and Loss Statement 2023 - 2024File: Bajaj MOTD- Neon project (87-3&4) MC Halli.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: Bajaj MOTD- Neon project (87-3&4) MC Halli.pdf | - |
| Income Tax Return Acknowledgement 2023 - 2024File: ITR Ack FY 23-24.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: ITR Ack FY 22-23.pdf | - |
| PLAN_CC_NEON | - |
| 1 SITE PLAN | - |
| 4 FIRST & TYPICAL | - |
| NEON_STRUCTURAL_STABILITY_CERTIFICATE | - |
| Project _Spec_Neon | - |
| Relinquishment Deed Doc No 11408 | - |
| Proforma Allotment Letter | - |
| Form_B_Neon | - |
| Sec 3(1)_Non_Violation | - |
| Title Report - Neon by Modern Spaaces | - |
| BESCOM NOC with fees receipt - NEON | - |
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Builder: MODERN PROJECTS
MODERN PROJECTS has 2 registrations on RERA Karnataka, including NEON and ONYX. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if NEON is delayed beyond 31 Dec 2030?
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 NEON?
The registered promoter entity is MODERN PROJECTS, a partnership firm as per the filing. Its GSTIN 29ABVFM5716H1ZM 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 NEON?
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 NEON?
The professionals named in the filing: Architect: LAKSHMAN D N; Engineer: VENKATESH CHOPPA; Chartered Accountant: CA SUHAS D. 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 NEON?
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; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters.
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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