Compare / ELEGANT HERMITAGE vs THE FORMIST MANDALA

ELEGANT HERMITAGE vs THE FORMIST MANDALA

Compliance and delivery signals from K-RERA quarterly filings — not price or amenities.
ELEGANT HERMITAGE
Bengaluru Urban · Bengaluru South
On track · 90% built
ELEGANT BUILDERS AND DEVELOPERS PRM/KA/RERA/1251/310/PR/300623/006025
On track · 34% built
FORMIST REALTY PRIVATE LIMITED PRM/KA/RERA/1251/309/PR/260825/008037
ELEGANT HERMITAGE
Construction
90%
as of Q1 2026-27
Sold
208
of 240 · +6 last qtr
Available
32
THE FORMIST MANDALA
Construction
34%
as of Q1 2026-27
Sold
108
of 245 · +0 last qtr
Available
138
Construction progress over time
% complete at each quarterly filing
Sales velocity over time
Units booked per quarterly filing
ELEGANT HERMITAGE
Complaints
0
on this project · 2 on ELEGANT BUILDERS AND DEVELOPERS overall
THE FORMIST MANDALA
Complaints
0
on this project
Builder track record
Across each promoter's other K-RERA registered projects
ELEGANT HERMITAGE
ELEGANT BUILDERS AND DEVELOPERS
3 other projects on K-RERA · 0 delivered (100% complete) · avg 47.3% complete · 1 complaint across those projects
THE FORMIST MANDALA
FORMIST REALTY PRIVATE LIMITED
No other K-RERA registered projects on file for this promoter.
Risk signals
Computed from each promoter's own quarterly filings on K-RERA — an estimate, not a certified assessment
ELEGANT HERMITAGE
Promoter pattern 2 of 3 other projects show the same delay-risk pattern
THE FORMIST MANDALA
No risk signals from filed quarters.
ELEGANT HERMITAGE — escrow account details
Bank
Bank of Baroda
Branch
J P NAGAR BANGALORE
IFSC
BARB0JPNAGA
70% Collection A/C
27500200002187
THE FORMIST MANDALA — escrow account details
Bank
STATE BANK OF INDIA
Branch
MYSORE BANK CIRCLE, BANGALORE
IFSC
SBIN0040007
70% Collection A/C
44327872930
100% A/C
44328454843
30% A/C
44328474778
ELEGANT HERMITAGE — details
Total units
240
Total cost
₹203.00 Cr
Project start
2023-05-01
Proposed completion
2027-03-31
Address
V Legacy Rd., Banashankari 3rd Stage, Hosakerehalli, Bengaluru
THE FORMIST MANDALA — details
Total units
245
Total cost
₹178.17 Cr
Project start
2025-09-01
Proposed completion
2030-03-31
Address
THE FORMIST TREEHOUSE, KHATA NO. 346/33, SY. NO. 33, SRI RAMAPURA VILLAGE YELHANKA HOBLI BANGALORE NORTH