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PropSarathi

Registered Project

Nearing Handover

SHUBANKARA DEVELOPERS

Innovative Palacia

SY.144,145,146,Ward No.85,JDTP-North Zone,Munnekolala, Varthur Hobli,Bengaluru East Taluk, Bengaluru East, Bengaluru Urban, Karnataka - 560037

Total Units
168
Floors
4
Towers
3
Total Area
2.35 Acres
Handover
30 Sept 2027

RERA progress

Stage 2 of 4 · RERA approved
  1. RERA applied(completed)
  2. RERA approved(current stage)
  3. Under construction(upcoming)
  4. Handover(upcoming)

RERA Approved

19 Sep 2024

PRM/KA/RERA/1251/446/PR/190924/007049

Est. Handover as per RERA

30 Sep 2027

Developer target: 30 Sept 2027

Configurations & unit mix

3 BHK2011 of 20959 sq ft
2.5 BHK5029 of 50884 – 887 sq ft
2 BHK9864 of 98777 – 795 sq ft

Available from the promoter's RERA report, Q4 2025-26, filed 15 Apr 2026.

The register doesn't list prices, so none are shown here.

Latest quarterly report on the register

Construction progress

Construction complete90%

Quarter
Q4 2025-26
Filed on
15 Apr 2026
Units booked
64 of 168
Units available
104
Reports on file
2

Amenities

  • Electricity
  • Community Hall
  • Outdoor Sports facility
  • Indoor Sports facility
  • Swimming Pool
  • Gym
  • Parks
  • Power Backup
  • Water and Sanitation

RERA & approvals

Source: Karnataka RERA, read 28 Oct 2026. Verify on the register (search PRM/KA/RERA/1251/446/PR/190924/007049)

Complaints on the register: 0 recorded on this project; 0 on the promoter's record, as shown on this registration

These are counts only; they don't show what a complaint was about or how it ended. No count here is a clean record. The register copy we hold has no field for court cases, so ask your lawyer to check those.

RERA registration
PRM/KA/RERA/1251/446/PR/190924/007049
Registered as
INNOVATIVE PALACIA
Promoter
SHUBANKARA DEVELOPERS
Acknowledgement no.
ACK/KA/RERA/1251/446/PR/210824/008431
Status on the register
New Project Launch
Stage
Nearing Handover
Work stage
90% complete, Q4 2025-26 report filed 15 Apr 2026
Sales status
Ongoing Sales (per RERA QPR Q4 2025-26, as of 15 Apr 2026)
RERA approved on
19 Sept 2024
Proposed completion
30 Sept 2027
Land area
2.35 acres (9,520 sq m)
Towers (this registration)
3
Floors (this registration)
4
Units (this registration)
168
Plan approved by
BBMP - Bruhat Bengaluru Mahanagara Palike
Approved plan no.
BBMP/Addl.Dir/JDNORTH/0058/22-23
Plan approval date
2 Aug 2024
Land use
Residential

Dates on the register

Completion filed with RERA
30 Sep 2027 (Karnataka RERA)
Latest construction report
90% complete, Q4 2025-26, filed 15 Apr 2026 (promoter's report to RERA)

This is the date on the register now, and it may have been extended since registration.

We don't show a developer delay record: our copy of the register doesn't hold what would make one accurate. Ask the developer for handover dates on its past projects. Source: Karnataka RERA.

Documents

Also filed on the register. We open a file here only after checking it for personal or financial details:

  • Commencement Certificate
  • Electricity Permission Letter
  • Water Permission Letter
  • Approved Layout Plan
  • Approved Building/Plotting Plan
  • Existing Layout Plan
  • Existing Section Plan and Specification
  • Sectional Drawing of the apartments
  • Project Specifications
  • Approved Section Of Building/Infrastructure Plan of Plotting
  • Area Development Plan Of Project Area
  • Certificate from Registered Engineer indicating the structural safety of the building
  • Advocate Search Report
  • Urban Land Ceiling
  • Collaboration Agreement/Development Agreement/Joint Development Agreement/Other Agreement
  • Change of Land Use
  • District Magistrate
  • Conversion Certificate under section 95 of the KLR Act 1964
  • Any other document (Rights/Title/Interest/Name)
  • Proforma of Agreement for Sale

Location

About Innovative Palacia

Construction of Residential

Developer
SHUBANKARA DEVELOPERS
Project Type
Residential/Group Housing
Type
Apartment
Status
Nearing Handover
Total Land
2.35 Acres
No. of Towers
3
No. of Floors
4
Total Units
168
Handover Date
30 Sept 2027
RERA No.
PRM/KA/RERA/1251/446/PR/190924/007049
Location
Bengaluru East, Bangalore

About the developer

SHUBANKARA DEVELOPERS

Promoter on the register
SHUBANKARA DEVELOPERS
Projects on the register
1
Registering since
2024
Complaints on the promoter
0, as shown on this registration

Innovative Palacia: questions answered

Where is Innovative Palacia located?

The Karnataka RERA register places Innovative Palacia in Bengaluru East, Bengaluru Urban.

What is the RERA number of Innovative Palacia?

The Karnataka RERA registration number of Innovative Palacia is PRM/KA/RERA/1251/446/PR/190924/007049, approved on 19 Sept 2024.

Who is the promoter of Innovative Palacia?

The promoter filed on the Karnataka RERA register is SHUBANKARA DEVELOPERS.

When is Innovative Palacia expected to be completed?

The proposed completion date filed on the register is 30 Sept 2027.

How big is Innovative Palacia?

The register lists Innovative Palacia with 168 units, 3 towers and about 2.35 acres of land.

What is the latest construction progress of Innovative Palacia?

The quarterly report for Q4 2025-26, filed on 15 Apr 2026, shows construction 90% complete and 64 of 168 units booked.

Where does this information about Innovative Palacia come from?

From the public Karnataka RERA register, read on 28 Oct 2026. You can check it at rera.karnataka.gov.in.

Data from the Karnataka RERA register, read 28 Oct 2026. Check it on rera.karnataka.gov.in before you decide.