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Registration approved No litigation declared Residential/Group Housing project

SIPANI CITY PHASE-1

By SIPANI PROPERTIES PVT LTD

RG-KA-78840 · RERA PRM/KA/RERA/1251/308/PR/171025/008179 · Last updated on RERA Karnataka portal: 14 Oct 2026

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka

Clear

  • No litigation declared
  • Completion date never moved
  • Separate project account declared
Dec 2030Possession promisedno revision filed
0 of 18Construction stages donefurthest along: Earth work and other leveling..., 99%
159 of 771Units unsoldnot recorded sold or booked
1Complaints at RERA Karnatakaon this registration
Jump to the 128 documents Report an error

SIPANI CITY PHASE-1 is a Residential/Group Housing project by SIPANI PROPERTIES PVT LTD in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/171025/008179 on 17 Oct 2025. Possession is promised by 31 Dec 2030. 612 of the 771 units on this registration are recorded sold or booked, and 0 of 18 construction stages are filed complete. 1 complaint is on record with the regulator.

At a glance

Project

  • NameSIPANI CITY PHASE-1
  • 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/171025/008179
  • ReraGenie IDRG-KA-78840

Builder

  • NameSIPANI PROPERTIES PVT LTD
  • Entity typeCompany
  • CINU70102KA1997PTC023041
  • GSTIN29AADCA2239B1Z4
  • Authorized SignatoryM N Madhava Murthy
  • Managing DirectorR K SIPANI
  • DirectorsRAMESH SIPANI, DINESH KUMAR SIPANI
  • Project HeadM N Madhava Murthy
  • Other registrations6 more →
  • Declared earlier projects10 →

Key dates

this monthRegisteredOct 2025PromisedDec 2030

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Oct 2025
  • Promised completion31 Dec 2030
  • Revised completionNone
  • Buildings8 building records
  • Documents filed128 files

Current status

79%612 of 771 units booked
9.6%Of the estimated cost spent so far

Figures as on 14 Oct 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---1520152
B---1470147
C---1120112
D---56056
E---76076
F---76076
G---76076
H---76076

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.

0 of 18 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 99%.

Building: 28% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work99%
Foundation footing work99%
Upto Plinth Level95%
Sub-structure flooring (Parking Floor, more than one floor below general ground level)80%
Retaining wall (All types)90%
RCC or MS Framed structure21%
Masonry Construction5%
Plastering inside , outside & Ceiling3%
Joinery: Doors, Windows, Ventilators etc0%
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 Finishing5%
Painting0%
Fire prevention and fire fighting fitting and fixture with network5%
Weather Proof work(tile,concrete)0%
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work0%
Internal and External work including landscapes as per sanctioned drawings1%

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 facilityProposedProgress
Water SupplyYes90%
Sewage and Drainage SystemYes10%
Water conservation/rain water harvesting/recharge of ground waterYes0%
Energy managementYes0%
Fire protection and fire safety requirementsYes15%
Solid waste management and disposalYes0%
Emergency Evacuation servicesYes15%
Internal Roads & FootpathsYes30%
Electricity supply transformer and substationYes5%
Storm water drainsYes5%
Use of renewable energyYes0%
Sewage Treatment Plant (STP)Yes0%
Parks & Tree plantingYes10%
Street LightingYes10%
ElectricityYes0%
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes5%
Club HouseYes0%
Community HallYes0%
Outdoor Sports facilityYes0%
Indoor Sports facilityYes0%
Swimming PoolYes0%
GymYes0%
ParksYes5%
Power BackupYes0%
Piped GasNoNot applicable
Water and SanitationYes10%
Air ConditioningNoNot applicable
StaircasesYes21%
LiftsYes15%
Corridor/LobbiesYes20%
Fire escapesYes21%
Common entrance and exit for the building/common portico/foyer/verandahYes15%
BasementYes22%
TerraceYes0%
Outer WallYes80%
Open parking areasYes5%
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes0%
Common storage spacesYes0%

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.

Land area41,425 sq m
Named landowners3
LandownerVillageDistrict
SIPANI PROPERTIES PVT LTD--
SIPANI PROPERTIES PVT LTD--
SIPANI PROPERTIES 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 407.31 cr
Cost incurredRs 39.13 cr
Spent of the estimate9.61%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 307.87 crRs 36.40 cr
On-site expenditure-Salaries of workersRs 47.68 crRs 8.87 lakh
Payment of taxesRs 18.94 crRs 70.09 lakh
Principal sum and interest payable to financial institutions-Scheduled BanksRs 17.33 crRs 61.99 lakh
On-site expenditure-Consultants FeesRs 8.02 crRs 90.90 lakh
Payment of cessRs 2.72 cr-
On-site expenditure-Site OverheadRs 1.75 crRs 5.63 lakh
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 1.75 crRs 9.69 lakh
Payment of PremiumsRs 87.75 lakh-
Payment of chargesRs 35.00 lakhRs 26.03 lakh
Payment of feesRs 1.00 lakh-

Certifying professionals and partners4

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

RoleName
Architectvernekar associates
Engineergroup ventech
Chartered AccountantPRADEEP KUMAR DEVARAJ & ASSOCIATES
Chartered Accountantjanardan associates

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
00216/2026-SIPANI PROPERTIES PVT LTD06/03/2026

Documents filed128

As listed on the registration, under the names the promoter filed them with; the newest 80 of 128 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/308/PR/171025/008179 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form 4 - SC Q2 30-9-2026 FY26-27-m.pdf14 Oct 2026
Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Form-5 Architect (QU) 30-9-26 Sipani city PH-1.pdf14 Oct 2026
Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form-6 Engineers certificate 30-9-26 Sipani city PH 1 QU.pdf14 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- BESCOM14 Oct 2026
Q2 2026-27 Fire and Safety14 Oct 2026
Q2 2026-27 Airport Authority of India14 Oct 2026
Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form 4 - SC 30-6-26 FY26-27.pdf23 Jul 2026
Q1 2026-27 Form-5 Certificate issued by ArchitectFile: form-5 sipani city 30-6-26.pdf23 Jul 2026
Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form-6 Engineers certificate Sipani city PH 1 QU 30-6-2026.pdf23 Jul 2026
Q1 2026-27 KSPCB- PCB (10 Acres to 125 Acres)23 Jul 2026
Q1 2026-27 KSPCB- MOEF (Above 50 Acres)23 Jul 2026
Q1 2026-27 KPTCL- BESCOM23 Jul 2026
Q1 2026-27 Fire and Safety23 Jul 2026
Q1 2026-27 Airport Authority of India23 Jul 2026
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4 - Sipani city 31-3-26 Q4 FY25-26.pdf15 Apr 2026
Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Form-5 Architect (QU) 31-3-26 Sipani city PH-1.pdf15 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form-6 Engineers certificate Sipani city PH 1 QU 31-3-26.pdf15 Apr 2026
Q4 2025-26 KSPCB- PCB (10 Acres to 125 Acres)15 Apr 2026
Q4 2025-26 KSPCB- MOEF (Above 50 Acres)15 Apr 2026
Q4 2025-26 KPTCL- BESCOM15 Apr 2026
Q4 2025-26 Fire and Safety15 Apr 2026
Q4 2025-26 Airport Authority of India15 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4 - SC ph-1 Q3 FY25-26.pdf20 Jan 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: FORM 5- Architect Q3 of 25-26.pdf20 Jan 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form-6 Engineers certificate Sipani city PH 1 QU 31-12-2025.pdf20 Jan 2026
Q3 2025-26 KSPCB- MOEF (Above 50 Acres)20 Jan 2026
Q3 2025-26 KPTCL- BESCOM20 Jan 2026
Q3 2025-26 Fire and Safety20 Jan 2026
Q3 2025-26 Airport Authority of India20 Jan 2026
Towerwise, flat wise,common area with Engineer signatureFile: Towerwise -flat wise common area ,flat area details.pdf9 Oct 2025
letter with detailed specifications of the project sl no 4File: Specification details letter.pdf9 Oct 2025
NOC water by panchayat letter , and Borewell availability in projectFile: NOC 16-7-24 water proving by panchyat office.jpeg9 Oct 2025
Borewell in the project with location detailsFile: Borewell -3 nos in sipani city ph-1 project.pdf9 Oct 2025
letter signed by company of availability of water through borewellFile: NOC water -Borewell letter.pdf9 Oct 2025
letter -details of units wingwise, type wise with carpet area & exclusive balacony rea detailsFile: Towerwise -flat wise, carpet area, exclusive common area ,total flat area details.pdf9 Oct 2025
Allotment letter with corrected possession dateFile: Allotment letter with possession date modified.pdf9 Oct 2025
Agreement of sale with RERA bank a/c no duly filled with bank detailsFile: AOS with RERA bank details & possession date.pdf9 Oct 2025
SEIAA- Enviornmental NOCFile: NOC -Environmental clearence _Sipani city ph-1 -26-09-2025.pdf9 Oct 2025
ENGINEER CERTIFICATE -pROJECT COST DETAILED BREAK UPFile: Engineer project cost details certificate.pdf9 Oct 2025
RAVENUE FROM SALES CLARIFICATION,LANK LOAN NOT RECD YET & SOURCE OF FUNDS CLARIFICATIOB LETERFile: Ravenue sales,Loan not recd,sources of funds clarification Non violation letter-acct.pdf9 Oct 2025
IN PRINCIPAL PROJECT FUND LETTER BY HDFC BANKFile: HDFC BANK IN PRINCIPLE SANCTION LETTER OF PROJECT FUNDING -SIPANI CITY PHASE-1.pdf9 Oct 2025
STP DRAWING OF THE PROJECT WITH LOCATIONFile: STP - DRAWING WITH ENGINEER SIGNATURE & LOCATION .jpg9 Oct 2025
letter indicating land cost details with SRO guidence value sheetFile: Land cost break up and guidence value calculation with SRO guidence sheet.pdf9 Oct 2025
letter of airport HAL not in Vacinity of proectFile: Noc -Airport clarification.pdf9 Oct 2025
Registration CertificateFile: Certificate_ OF INCORPORATION- CHANGE OF NAME -SIPANI PROPERTIES PVT LTD-16-4-2013.pdf-
Memorandum of AssociationFile: AMENDED MEMORANDUM_OF_ASSOCIATION_-_ALTERED__22-03-2013.pdf-
Article of AssociationFile: AOA ameded 6-2-2013.pdf-
GST CertificateFile: GST certificate SPPL.pdf-
Organization StructureFile: organisation chart-sppl.xls-
Certificate issued by CA Form 1File: Form-1 CA Certificate -Sipani City PHASE-1.pdf-
Certificate issued by Architect Form 2File: FORM-2 ARCHITECT CERTIFICATE -SIPANI CITY PHASE-1.pdf-
Certificate issued by Engineer Form 3File: FORM-3 Engineer certificate -sipani city ph-1.pdf-
Project Chartered Accountant-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: NO LITIGATION AFFIDAVIT CUM DECLARATION Notarised.pdf-
Balance Sheet 2023 - 2024File: Audited signed BS,sppl 31-3-24.pdf-
Balance Sheet 2022 - 2023File: Balance sheet 2022-23.pdf-
Balance Sheet 2021 - 2022File: Audited signed BS only 31-3-22.pdf-
Audited Profit and Loss Statement 2023 - 2024File: Audited P & L 31-3-24.pdf-
Audited Profit and Loss Statement 2022 - 2023File: P & L 31-3-2023.pdf-
Audited Profit and Loss Statement 2021 - 2022File: profit-LOSS ACCOUNT 2021-22.pdf-
Income Tax Return Acknowledgement 2023 - 2024File: ACK ITR SPPL 31-3-24 Tax paid.pdf-
Income Tax Return Acknowledgement 2022 - 2023File: ITR Filed ACK319846901270923 SPPL.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: ACK- ITR sppl F Y 21-22.pdf-
Director's Report 2023 - 2024File: Directors report & Notice signed -2024_.pdf-
Director's Report 2022 - 2023File: Directors Board report 31-3-2023.pdf-
Director's Report 2021 - 2022File: Directors report & Notice FY2021-22.pdf-
Cash Flow Statement 2023 - 2024File: Cash flow 31-3-24.pdf-
Cash Flow Statement 2022 - 2023File: Cash flow 31-3-2023.pdf-
Auditor's Report 2023 - 2024File: Auditors Report Stand alone 31-3-2024.pdf-
Auditor's Report 2022 - 2023File: Audit report stand alone 31-3-23.pdf-
Auditor's Report 2021 - 2022File: BOD Report.pdf-
Sanction plan approval cum Commencement Certificate letter =Sipani city-
1-24 Sipani City sanction plan-
6-24 Sipani City sanction plan-
STRUCTRAL STABILITY CERTificate -sipani city-

Promoter's earlier projects4

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

3 not delivered by the promised date1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Sipani Royal Heritage phase-1Sy No 78/2,78/3, Iggulur village, & sy no 308-2,309-1, 311-1, & Site No 7 in sy no 308 Marsur village, Anekal Taluk, BangaloreOngoingSep 2026Not delivered
Sipani Royal Heritage phase-2sy no 308-2,309-1, 311-1, & Site No 7 in sy no 308 Marsur village, Anekal Taluk, BangaloreOngoingJun 2026Not delivered
SIPANI VIVEZA LitigationSY NO 83/1 & 84/1 OF VEERASANDRA VILLAGE, BACK SIDE OF D MART E. CITY PHASE-1, ATTIBELE HOBLI, ANEKAL TALUK, BANGALOREOngoingSep 2025Not delivered
SIPANI PENNANTIA LitigationSurvey no. 54/1,2,3,&4 GOTTIGERE village uttarahalli hobli Bangalore south taluk-5600 83Completed-No date filed

How this compares with Bengaluru Urban

79%of this project is bookeddistrict median 51%
34%of Bengaluru Urban projects moved their completion datethis one has not
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 kmSIPANI CITY PHASE-1Other 4Dot size: filed unitsN

Filed coordinates, straight-line distance. 4 registered projects within 2 km.

Builder: SIPANI PROPERTIES PVT LTD

sipani properties pvt ltd has 7 registrations on RERA Karnataka, including sipani bliss and SIPANI CITY PHASE-1. Its filings declare 10 earlier projects, 7 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if SIPANI CITY PHASE-1 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 SIPANI CITY PHASE-1?

The registered promoter entity is SIPANI PROPERTIES PVT LTD, a company as per the filing. Its CIN U70102KA1997PTC023041 and GSTIN 29AADCA2239B1Z4 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 SIPANI CITY PHASE-1?

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.

How do I read the complaint cases filed against SIPANI CITY PHASE-1?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at SIPANI CITY PHASE-1?

The professionals named in the filing: Architect: vernekar associates; Engineer: group ventech; Chartered Accountant: PRADEEP KUMAR DEVARAJ & ASSOCIATES; Chartered Accountant: janardan associates. 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 SIPANI CITY PHASE-1?

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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