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INNOVATIVE PALACIA

Bengaluru Urban · SHUBANKARA DEVELOPERS PRM/KA/RERA/1251/446/PR/190924/007049
On track · 90% built
Filed — · Q4 2025-26
Construction
90%
complete
Sold
64
of 168 total units
Available
104
units
2 BHK: 384
2.5 BHK: 174
3 BHK: 66
Complaints
0
on project
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Construction progress
% complete per quarter
Sales velocity
Units sold per quarter · cumulative booked (line)
Inventory drain
Available units over time
Show financial data (advance collected vs withdrawn)
Quarterly financials
₹ Crore — advance collected vs amount withdrawn this quarter

Quarter-wise Tower Data

Filed: 2026-04-15 · Project 90% complete
Block A 90% complete
Unit type Total Booked Available
2 BHK 28 9 19
2 BHK 28 9 19
2 BHK 28 9 19
2 BHK 28 9 19
2 BHK 28 9 19
2 BHK 28 9 19
2.5 BHK 25 8 17
2.5 BHK 25 8 17
2.5 BHK 25 8 17
2.5 BHK 25 8 17
2.5 BHK 25 8 17
2.5 BHK 25 8 17
3 BHK 10 4 6
3 BHK 10 4 6
3 BHK 10 4 6
3 BHK 10 4 6
3 BHK 10 4 6
3 BHK 10 4 6
Parking 65 21 44
Floor completion
Floor 0
95.0%
Floor 0
95.0%
Floor 0
95.0%
Floor 0
95.0%
Floor 0
95.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 4
90.0%
Floor 4
90.0%
Floor 4
90.0%
Floor 4
90.0%
Floor 4
90.0%
Block B 90% complete
Unit type Total Booked Available
2 BHK 40 9 31
2 BHK 40 9 31
2 BHK 40 9 31
2 BHK 40 9 31
2 BHK 40 9 31
2 BHK 40 9 31
Parking 61 9 52
Floor completion
Floor 0
95.0%
Floor 0
95.0%
Floor 0
95.0%
Floor 0
95.0%
Floor 0
95.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 4
90.0%
Floor 4
90.0%
Floor 4
90.0%
Floor 4
90.0%
Floor 4
90.0%
Block C 95% complete
Unit type Total Booked Available
2 BHK 30 16 14
2 BHK 30 16 14
2 BHK 30 16 14
2 BHK 30 16 14
2 BHK 30 16 14
2 BHK 30 16 14
2.5 BHK 25 13 12
2.5 BHK 25 13 12
2.5 BHK 25 13 12
2.5 BHK 25 13 12
2.5 BHK 25 13 12
2.5 BHK 25 13 12
3 BHK 10 5 5
3 BHK 10 5 5
3 BHK 10 5 5
3 BHK 10 5 5
3 BHK 10 5 5
3 BHK 10 5 5
Parking 65 34 31
Floor completion
Floor 0
95.0%
Floor 0
95.0%
Floor 0
95.0%
Floor 0
95.0%
Floor 0
95.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 1
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 2
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 3
90.0%
Floor 4
90.0%
Floor 4
90.0%
Floor 4
90.0%
Floor 4
90.0%
Floor 4
90.0%

Unit Specifications

Unit type Carpet area (sqft) Units
2 BHK 777–795 196 Estimate ROI →
2.5 BHK 884–887 100 Estimate ROI →
3 BHK 959 40 Estimate ROI →
Show escrow account details
Escrow Accounts
Bank
Industrial Development Bank of India
Branch
Marathahalli
IFSC
IBKL0001004
70% Collection A/C
1004102000016162
100% A/C
1004102000016171
30% A/C
1004102000016153

Project details

Registration no.
PRM/KA/RERA/1251/446/PR/190924/007049
District
Bengaluru Urban
Taluk
Bengaluru East
Promoter
SHUBANKARA DEVELOPERS
Firm type
Partnership Firm
PAN
AEWFS5532F
GSTIN
29AEWFS5532F1ZF
Total units
168
Total cost
₹153.89 Cr
Project start
2024-08-02
FAR sanctioned
1.75
Proposed completion
2027-09-30
Project address
SY.144,145,146,Ward No.85,JDTP-North Zone,Munnekolala , Varthur Hobli,Bengaluru East Taluk , Bengaluru East , Bengaluru Urban, Karnataka - 560037

Frequently Asked Questions

Based on K-RERA registered data for INNOVATIVE PALACIA
Is INNOVATIVE PALACIA RERA registered in Karnataka?

Yes. INNOVATIVE PALACIA is registered with the Karnataka Real Estate Regulatory Authority (K-RERA) under registration number PRM/KA/RERA/1251/446/PR/190924/007049.

What is the RERA registration number of INNOVATIVE PALACIA?

The K-RERA registration number of INNOVATIVE PALACIA is PRM/KA/RERA/1251/446/PR/190924/007049.

What is the current construction status of INNOVATIVE PALACIA?

As of Q4 2025-26, INNOVATIVE PALACIA is 90% complete according to its latest K-RERA quarterly filing.

Are flats still available in INNOVATIVE PALACIA?

Yes. As per the latest K-RERA quarterly filing (Q4 2025-26), INNOVATIVE PALACIA has 104 unit(s) available for purchase.

How many flats have been sold in INNOVATIVE PALACIA?

As per the latest K-RERA filing (Q4 2025-26), 64 out of 168 units in INNOVATIVE PALACIA have been sold or booked.

Are 2 BHK flats available in INNOVATIVE PALACIA?

Yes. According to the latest K-RERA quarterly filing, there are 384 2 BHK unit(s) available in INNOVATIVE PALACIA, Bengaluru Urban.

Are 2.5 BHK flats available in INNOVATIVE PALACIA?

Yes. According to the latest K-RERA quarterly filing, there are 174 2.5 BHK unit(s) available in INNOVATIVE PALACIA, Bengaluru Urban.

Are 3 BHK flats available in INNOVATIVE PALACIA?

Yes. According to the latest K-RERA quarterly filing, there are 66 3 BHK unit(s) available in INNOVATIVE PALACIA, Bengaluru Urban.

Are there any RERA complaints against INNOVATIVE PALACIA?

As per K-RERA data tracked by rera.watch, there are no complaints currently recorded against INNOVATIVE PALACIA.

How many RERA complaints does SHUBANKARA DEVELOPERS have?

SHUBANKARA DEVELOPERS, the builder/promoter of INNOVATIVE PALACIA, has 0 complaint(s) filed against them across all their K-RERA registered projects in Karnataka.

Who is the builder or developer of INNOVATIVE PALACIA?

INNOVATIVE PALACIA is developed by SHUBANKARA DEVELOPERS, a partnership firm registered with K-RERA in Bengaluru Urban, Karnataka.

When did INNOVATIVE PALACIA last file a quarterly update with K-RERA?

INNOVATIVE PALACIA last filed a quarterly update for Q4 2025-26 on 2026-04-15. The project has submitted 2 quarterly report(s) on K-RERA to date.