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Registration approved No litigation declared Residential/Group Housing project

Transformers Aspire

By Transformers Estates and Hospitality Services (Proprietor - Gaganesh Narayana Reddy)

RG-KA-40640 · RERA PRM/KA/RERA/1251/309/PR/150423/005871 · Last updated on RERA Karnataka portal: 5 Jan 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
Dec 2025Possession promisedno revision filed
17 of 17Construction stages doneevery applicable stage filed complete
0 of 60Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 117 documents Report an error

Transformers Aspire is a Residential/Group Housing project by Transformers Estates and Hospitality Services (Proprietor - Gaganesh Narayana Reddy) in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/150423/005871 on 15 Apr 2023. Possession is promised by 26 Dec 2025. 60 of the 60 units on this registration are recorded sold or booked, and 17 of 17 construction stages are filed complete.

At a glance

Project

  • NameTransformers Aspire
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/309/PR/150423/005871
  • ReraGenie IDRG-KA-40640

Builder

  • NameTransformers Estates and Hospitality Services (Proprietor - Gaganesh Narayana Reddy)
  • Entity typeProprietorship Firm
  • GSTIN29AUIPN1980E1ZE
  • Authorized SignatoryGaganesh Narayana Reddy

Key dates

this monthRegisteredApr 2023PromisedDec 2025

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Apr 2023
  • Promised completion26 Dec 2025
  • Revised completionNone
  • Buildings2 building records
  • Documents filed117 files

Current status

100%60 of 60 units booked
124.3%Of the estimated cost spent so far

Figures as on 5 Jan 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Tower A---32032
Tower B---28028

The full filing

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

Construction progress by building1

As on 5 Jan 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 networkNot applicable
Weather Proof work(tile,concrete)100%
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 5 Jan 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 requirementsNoNot applicable
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsYes100%
Electricity supply transformer and substationYes100%
Storm water drainsYes100%
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes100%
Parks & Tree plantingYes100%
Street LightingYes100%
ElectricityYes100%
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes100%
Club HouseYes100%
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityYes100%
Swimming PoolYes100%
GymYes100%
ParksYes100%
Power BackupYes100%
Piped GasNoNot applicable
Water and SanitationYes100%
Air ConditioningNoNot applicable
StaircasesYes100%
LiftsYes100%
Corridor/LobbiesYes100%
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahYes100%
BasementNoNot applicable
TerraceYes100%
Outer WallYes100%
Open parking areasYes100%
Provision for lodging of management staff and security staffYes100%
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable

Land and ownership4

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

Named landowners4
LandownerVillageDistrict
Gaganesh Narayana Reddy--
Gaganesh Narayana Reddy--
Gaganesh Narayana Reddy--
Gaganesh Narayana Reddy--

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 24.40 cr
Cost incurredRs 30.34 cr
Spent of the estimate124.33%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 17.08 crRs 23.68 cr
Payment of taxesRs 3.80 crRs 2.98 cr
On-site expenditure-Site OverheadRs 2.59 crRs 2.36 cr
On-site expenditure-Salaries of workersRs 45.00 lakhRs 45.00 lakh
On-site expenditure-Consultants FeesRs 25.00 lakhRs 25.00 lakh
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 22.59 lakhRs 22.59 lakh
Principal sum and interest payable to financial institutions-Scheduled Banks-Rs 39.19 lakh

Certifying professionals and partners3

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

RoleName
ArchitectM. Ramprasad
EngineerSivannarayana S
Chartered AccountantNirmala Sreenivasulu

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed117

As listed on the registration, under the names the promoter filed them with; the newest 80 of 117 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/150423/005871 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Transformers Form 4_compressed.pdf5 Jan 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Form 5.pdf5 Jan 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Transformers Form 6 Signed.pdf5 Jan 2026
Q3 2025-26 Water supply and sewage board5 Jan 2026
Q3 2025-26 KSPCB- PCB (10 Acres to 125 Acres)5 Jan 2026
Q3 2025-26 KPTCL- BESCOM5 Jan 2026
all the sources of funds to complete the projectFile: sources of fund_merged.pdf6 Apr 2023
Notarized AffidavitFile: Notarized Affidavit.pdf6 Apr 2023
Proforma of Allotment LetterFile: Proforma of Allotment Letter.pdf6 Apr 2023
BWSSB NOCFile: BWSSB NOC.pdf6 Apr 2023
BWSSB Fees Paid ReceiptFile: 1.pdf6 Apr 2023
BESCOM NOCFile: Bescom NOC.pdf6 Apr 2023
BESCOM Fees paid ReceiptFile: Bescom Payment Receipt.pdf6 Apr 2023
Gift Deed from Father and BrotherFile: Gift deed.pdf6 Apr 2023
Proprietorship registration certificateFile: Udyam Registration Ceritificate.pdf16 Mar 2023
profit and loss account 2019-20File: P & L 2020.pdf16 Mar 2023
profit and loss account 2020-21File: P & L 2021.pdf16 Mar 2023
profit and loss account 2021-22File: P & L 2022.pdf16 Mar 2023
balance sheet 2019-20File: BS 2020.pdf16 Mar 2023
balance sheet 2020-21File: BS 2021.pdf16 Mar 2023
balance sheet 2021-22File: BS 2022.pdf16 Mar 2023
sources of funds to complete the projectFile: Source of Funds to complete the Project.pdf16 Mar 2023
conversion order for full extent of project especially syno 59 and 60/2File: ASPIRE Conversation copy.pdf16 Mar 2023
Hissa Phody CopyFile: Hissa Phody Copy Merged.pdf16 Mar 2023
akarbandFile: Akarband merged.pdf16 Mar 2023
Survey SketchFile: Survey Sketch sy no 59.pdf16 Mar 2023
Survey SketchFile: Survey Sketch sy no 60-2.pdf16 Mar 2023
copy obtained by the concerned Sub-registrar regarding value of the property on the basis of guidaFile: Sub Registrar Guidance Value.pdf16 Mar 2023
Break up of types of Units (BHKwise) Not updatedFile: FLat Details Tower A.pdf16 Mar 2023
Break up of types of Units (BHKwise) Not updatedFile: FLat Details Tower B.pdf16 Mar 2023
FAR As per the sanction Plan is Not MatchingFile: FAR FOR THE PROJECT.pdf16 Mar 2023
Single plot layoutFile: Single Plot Layout and Single Plot Layout Order.pdf16 Mar 2023
Single plot layout OrderFile: Single Plot Layout and Single Plot Layout Order.pdf16 Mar 2023
CDP map showing the proposed siteFile: CDP Map.pdf16 Mar 2023
village map showing the proposed siteFile: Village Map.pdf16 Mar 2023
KSPCB CFEFile: KSPCB CFE.pdf16 Mar 2023
Building LicenseFile: Building License.pdf16 Mar 2023
Certificate from Registered Engineer indicating the structural safety adopted for the proposed builFile: Structural Stability Certificate.pdf16 Mar 2023
notarized section 3(1) affidavit by incorporating with the project name and project addressFile: Affidavit 3-1.pdf16 Mar 2023
proforma of Allotment letterFile: Proforma of Allottment Letter.pdf16 Mar 2023
proforma of Agreement for sale as notified by the GOKFile: Final Proforma for Agreement of Sale.pdf16 Mar 2023
project specificationFile: Project Specifications.pdf16 Mar 2023
STP design drawing and STP demarcation drawing as per the guidelines of KSPCBFile: STP Design and Drawing.pdf16 Mar 2023
BWSSB NOCFile: BWSSB NOC.pdf16 Mar 2023
BESCOM NOCFile: Will be Uploaded Soon.pdf16 Mar 2023
RTC, survey 54/2-
Mutation, survey 54/2-
Encumbrance Certificate, survey 54/2-
Conversion/Alienation Order, survey 54/2-
Sale/Title/Gift Deed, survey 54/2-
Khatha, survey 54/2-
RTC, survey 55/4-
Mutation, survey 55/4-
Encumbrance Certificate, survey 55/4-
Conversion/Alienation Order, survey 55/4-
Sale/Title/Gift Deed, survey 55/4-
Khatha, survey 55/4-
RTC, survey 59-
Mutation, survey 59-
Encumbrance Certificate, survey 59-
Conversion/Alienation Order, survey 59-
Sale/Title/Gift Deed, survey 59-
Khatha, survey 59-
RTC, survey 60/2-
Mutation, survey 60/2-
Encumbrance Certificate, survey 60/2-
Conversion/Alienation Order, survey 60/2-
Sale/Title/Gift Deed, survey 60/2-
Khatha, survey 60/2-
Registration CertificateFile: GST Certifiacte.pdf-
Certificate issued by CA Form 1File: Form-1_compressed.pdf-
Certificate issued by Architect Form 2File: Form 2.pdf-
Certificate issued by Engineer Form 3File: Form-3.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: Non Litigation Affidavit.pdf-
Certificate from Chartered AccountFile: Form-1_compressed.pdf-
Balance Sheet 2021 - 2022File: BS 2022.pdf-
Balance Sheet 2020 - 2021File: BS 2021.pdf-

How this compares with Bengaluru Urban

100%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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Builder: Transformers Estates and Hospitality Services (Proprietor - Gaganesh Narayana Reddy)

Transformers Estates and Hospitality Services (Proprietor - Gaganesh Narayana Reddy) has 1 registration on RERA Karnataka, including Transformers Aspire. 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 Transformers Aspire is delayed beyond 26 Dec 2025?

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 Transformers Aspire?

The registered promoter entity is Transformers Estates and Hospitality Services (Proprietor - Gaganesh Narayana Reddy), a proprietorship firm as per the filing. Its GSTIN 29AUIPN1980E1ZE 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 Transformers Aspire?

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 Transformers Aspire?

The professionals named in the filing: Architect: M. Ramprasad; Engineer: Sivannarayana S; Chartered Accountant: Nirmala Sreenivasulu. 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 Transformers Aspire?

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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