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Registration approved No litigation declared Residential/Group Housing project

RANKA IRIS

By DRA DEVELOPERS AND PROJECTS PRIVATE LIMITED

RG-KA-55417 · RERA PRM/KA/RERA/1251/309/PR/260523/005952 · Last updated on RERA Karnataka portal: 15 Apr 2026

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
Apr 2026Possession promisedmoved 12 months from the original
17 of 17Construction stages doneevery applicable stage filed complete
5 of 13Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 101 documents Report an error

RANKA IRIS is a Residential/Group Housing project by DRA DEVELOPERS AND PROJECTS PRIVATE LIMITED in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/260523/005952 on 26 May 2023. Possession is promised by 30 Apr 2026. The completion date has moved by 12 months from the original filing. 8 of the 13 units on this registration are recorded sold or booked, and 17 of 17 construction stages are filed complete.

At a glance

Project

  • NameRANKA IRIS
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/309/PR/260523/005952
  • ReraGenie IDRG-KA-55417

Builder

  • NameDRA DEVELOPERS AND PROJECTS PRIVATE LIMITED
  • Entity typeCompany
  • CINU70102KA2007PTC042299
  • GSTIN29AACCD6479P1ZR
  • Authorized SignatoryNISHANT DINESH RANKA
  • DirectorPIYUSH R RANKA
  • DirectorsNISHANT DINESH RANKA, PIYUSH R RANKA, SANJEEV D RANKA
  • Project HeadSANJEEV D RANKA

Key dates

this monthRegisteredMay 2023First promiseApr 2025Revised toApr 2026

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 May 2023
  • Promised completion30 Apr 2026
  • Revised completionRevised to 30 Apr 2026 (originally 30 Apr 2025)
  • Buildings1 building record
  • Documents filed101 files

Current status

62%8 of 13 units booked
9.8%Of the estimated cost spent so far

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

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
RANKA IRIS---13013

The full filing

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

Construction progress by building1

As on 15 Apr 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.

17 of 17 construction stages are filed complete.

Building: 100% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work100%
Foundation footing work100%
Upto Plinth Level100%
Sub-structure flooring (Parking Floor, more than one floor below general ground level)100%
Retaining wall (All types)100%
RCC or MS Framed structure100%
Masonry Construction100%
Plastering inside , outside & Ceiling100%
Joinery: Doors, Windows, Ventilators etc100%
Basic work of Water supply, Sanitary and Electrification100%
Dadoing, Skirting, Flooring, Tiles work (All types)100%
Railing and Grill fixing100%
Electrification, Water supply and Sanitary Finishing100%
Painting100%
Fire prevention and fire fighting fitting and fixture with network100%
Weather Proof work(tile,concrete)Not applicable
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work100%
Internal and External work including landscapes as per sanctioned drawings100%

Progress on shared amenities40

As on 15 Apr 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 SupplyYes100%
Sewage and Drainage SystemYes100%
Water conservation/rain water harvesting/recharge of ground waterYes100%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes100%
Solid waste management and disposalYes100%
Emergency Evacuation servicesYes100%
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes100%
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes0%
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes0%
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes100%
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksYes100%
Power BackupYes75%
Piped GasNoNot applicable
Water and SanitationYes100%
Air ConditioningNoNot applicable
StaircasesYes100%
LiftsYes100%
Corridor/LobbiesYes100%
Fire escapesYes100%
Common entrance and exit for the building/common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable

Land and ownership2

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

Named landowners2
LandownerVillageDistrict
DRA DEVELOPERS AND PROJECTS PVT LTD--
DRA DEVELOPERS AND PROJECTS PVT LTD--

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 26.00 cr
Cost incurredRs 2.55 cr
Spent of the estimate9.81%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 26.00 crRs 2.55 cr

Certifying professionals and partners3

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

RoleName
ArchitectAMBIANT ASSOCIATES SREENIVASARAO G
EngineerAMBIANT ASSOCIATES SAI KRISHNA MOHAN VARDHINENI
Chartered AccountantVISHWANATH SR AND CO

Extensions applied for1

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

EX/PRM/KA/RERA/1251/309/PR/250521/005952Apr 2025 → Apr 2026

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed101

As listed on the registration, under the names the promoter filed them with; the newest 80 of 101 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/260523/005952 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4 DRA developers Q4.pdf15 Apr 2026
Q4 2025-26 Form-5 Certificate issued by ArchitectFile: FORM 5 RANKA IRIS 14-04-2026.pdf15 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form 6_Signed.pdf15 Apr 2026
Q4 2025-26 Water supply and sewage board15 Apr 2026
Q4 2025-26 Fire and Safety15 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4 DRA developers Q3.pdf14 Feb 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: AA-IRIS-FROM 5- 02-01-2026.pdf14 Feb 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: AA-IRIS-FORM 6-02-01-2026.pdf14 Feb 2026
Q3 2025-26 Water supply and sewage board14 Feb 2026
Allotment Letter BDA2File: Allotment Letter BDA2.pdf17 May 2023
Allotment LetterFile: Allotment Letter.pdf17 May 2023
Amalgamation OrderFile: Amalgamation Order.pdf17 May 2023
Ec for site No 38File: Ec for site No 38.pdf17 May 2023
EC up to dateFile: EC up to date.pdf17 May 2023
NOC AffidavitFile: NOC Affidavit.pdf17 May 2023
Proforma Agreement for SaleFile: Proforma Agreement for Sale.pdf17 May 2023
project specificationsFile: project specifications.pdf17 May 2023
RERA AccountFile: RERA Account.jpeg17 May 2023
Carpetarea calculationFile: Carpetarea calculation.jpeg17 May 2023
DeclarationFile: Declaration.jpeg17 May 2023
Affidavit declarationFile: Affidavit declaration.pdf2 May 2023
Allotment Letter 2File: Allotment Letter 2.pdf2 May 2023
Allotment LetterFile: Allotment Letter.pdf2 May 2023
AmalgamationFile: Amalgamation.pdf2 May 2023
Annuel ReportFile: Annuel Report.pdf2 May 2023
CDP MapFile: CDP Map.pdf2 May 2023
KathaFile: Katha.pdf2 May 2023
Proforma Agreement for SaleFile: Proforma Agreement for Sale.pdf2 May 2023
Proforma Allotment LetterFile: Proforma Allotment Letter.pdf2 May 2023
Promoter PANFile: Promoter PAN.pdf2 May 2023
Sale DeedFile: Sale Deed.pdf2 May 2023
Village MapFile: Village Map.pdf2 May 2023
Audited Financials Documents 2019_20File: Audited Financials Documents 2019_20.pdf2 May 2023
Financial Statements 2021_22File: Financial Statements 2021_22.pdf2 May 2023
Financial Statements Documents 2020_21File: Financial Statements Documents 2020_21.pdf2 May 2023
Stebility CertificateFile: Stebility Certificate.pdf2 May 2023
Kumar Sale Deed 2File: Kumar Sale Deed 2.pdf2 May 2023
Sale Deed KumarswamyFile: Sale Deed Kumarswamy.pdf2 May 2023
BDA Allotment LetterFile: BDA Allotment Letter.pdf2 May 2023
Amalgamation OrderFile: Amalgamation Order.pdf2 May 2023
Registration CertificateFile: 007 Certificate of incorporation.pdf-
Organization StructureFile: Board Resolution.jpeg-
Certificate issued by CA Form 1File: DRAD RERA Certificate Reg1.pdf-
Certificate issued by Architect Form 2File: Form - 2, Architect- Ranka.pdf-
Certificate issued by Engineer Form 3File: Form - 3, Engineer- Ranka.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: no litigation 13-Apr-2023 10-03-12.pdf-
Certificate from Chartered AccountFile: DRAD RERA Certificate Reg1.pdf-
Balance Sheet 2021 - 2022File: 018a DRA Developers Provisional Balance sheet.pdf-
Balance Sheet 2020 - 2021File: 018a DRA Developers Provisional Balance sheet.pdf-
Balance Sheet 2019 - 2020File: 018a DRA Developers Provisional Balance sheet.pdf-
Audited Profit and Loss Statement 2021 - 2022File: 018b DRA Developers Provisional Profit and loss account.pdf-
Audited Profit and Loss Statement 2020 - 2021File: 018b DRA Developers Provisional Profit and loss account.pdf-
Audited Profit and Loss Statement 2019 - 2020File: 018b DRA Developers Provisional Profit and loss account.pdf-
Director's Report 2021 - 2022File: 018a DRA Developers Provisional Balance sheet.pdf-
Director's Report 2020 - 2021File: 018a DRA Developers Provisional Balance sheet.pdf-
Director's Report 2019 - 2020File: 018a DRA Developers Provisional Balance sheet.pdf-
Cash Flow Statement 2021 - 2022File: 018b DRA Developers Provisional Profit and loss account.pdf-
Cash Flow Statement 2020 - 2021File: 018b DRA Developers Provisional Profit and loss account.pdf-
Auditor's Report 2021 - 2022File: 018 Auditors Report and Financial Statements.pdf-
Auditor's Report 2020 - 2021File: 018 Auditors Report and Financial Statements.pdf-
Auditor's Report 2019 - 2020File: 018 Auditors Report and Financial Statements.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: 020 Promoter details_Nishant ranka.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: 020b Promoter details_Sanjeev ranka.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: 020a Promoter details_Piyush Ranka.pdf-
006 Ranka Iris Commencement Certificate and Sanction Extension-
012 NOC BESCOM-
willupload later-
005 Sanction Ranka Iris_site plan-
005a Sanction Ranka Iris_Ground and first-
005b Sanction Ranka Iris_section and elevation-
005c Sanction Ranka Iris_second and third basement-
005c Sanction Ranka Iris_second and third basement-
014 Project Specifications-
willupload later-
001 Ranka Iris Legal Opinion by Susheel Law Associates-
Proforma Agreement for Sale - Ranka Iris-
Proforma Allotment Letter - Ranka Iris-

How this compares with Bengaluru Urban

62%of this project is bookeddistrict median 51%
34%of Bengaluru Urban projects moved their completion datethis one moved by 12 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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Builder: DRA DEVELOPERS AND PROJECTS PRIVATE LIMITED

DRA DEVELOPERS AND PROJECTS PRIVATE LIMITED has 1 registration on RERA Karnataka, including RANKA IRIS. 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 RANKA IRIS is delayed beyond 30 Apr 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 RANKA IRIS?

The registered promoter entity is DRA DEVELOPERS AND PROJECTS PRIVATE LIMITED, a company as per the filing. Its CIN U70102KA2007PTC042299 and GSTIN 29AACCD6479P1ZR 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 RANKA IRIS?

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 RANKA IRIS?

The professionals named in the filing: Architect: AMBIANT ASSOCIATES SREENIVASARAO G; Engineer: AMBIANT ASSOCIATES SAI KRISHNA MOHAN VARDHINENI; Chartered Accountant: VISHWANATH SR AND CO. 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 RANKA IRIS?

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; 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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