RERA project · Residential/Group Housing
AMBIENCE DOWNTOWN
by PARAKITE BUILDERS PRIVATE LIMITED · 92 homes · 2.13 acres · 1 tower · Bengaluru East
Upcoming Under construction, due Dec 2026, after an extension. 47% built with 97% of the time used. 49% of homes booked.
At a glance
Due 31 Dec 2026. 97% of the time from RERA approval to the deadline has passed.
45 of 92 homes, as the builder reported for Q1 2026-27.
Similar projects within 3 km: 62 per acre. 76% of the land is left open.
Complaints to RERA about this project.
The builder declares litigation on the land or the project.
It is the only RERA project registered under this company name in Bengaluru Urban. Builders often register projects under other companies.
These answers come from the builder's own filings on RERA Karnataka and RERA's records. They are not checked on site; each section below shows the detail.
When will it be ready?
- Work started19 Oct 2019
- Approved by RERA7 Nov 2019
- First promised31 Mar 2023
The date the builder gave at registration.
- Today24 Oct 2026
97% of the time to the deadline has passed.
- Deadline (extended)31 Dec 2026
The date it must be complete by.
- If it slips like a typical project2 Oct 2027
35% of 4,105 active projects in Bengaluru Urban have extended their deadline, by a median of 275 days.
How much is built, each quarter
Built, as the builder reports itTime used by then
When the bar is short of the mark, construction is behind a steady pace. Builders rarely work at a steady pace, so read it as a rough guide.
CaveatDates from the RERA Karnataka project list, 24 Oct 2026. Progress as the builder reports it each quarter, certified by its architect and engineer; not checked on site.
How much is sold?
Still available: 36 × 3BHK, 10 × 4BHK, 1 × 5BHK.
Booked, by type
Booked, each quarter
Booked means sold or reserved, as the builder reports it. It says nothing about prices.
CaveatFrom the builder's quarterly updates to RERA Karnataka.
What's being built?
Sizes from the builder's flat-by-flat list on RERA: the size most homes of each type have, and the range. Carpet area is the floor area inside the walls of a home, the figure RERA requires builders to sell by. Land share (the undivided share) is the part of the land that comes with each home.
Towers
Tower A: 92 homes, 2 basements
Amenities
- Electricity
- CCTV Surveillance
- Club House
- Community Hall
- Outdoor Sports facility
- Indoor Sports facility
- Swimming Pool
- Gym
- Power Backup
- Gas
- Water and Sanitation
- Air Conditioning And incerntion
CaveatAs registered by the builder on RERA Karnataka.
How crowded is it?
Homes per acre
Fewer homes on each acre usually means less crowding: less traffic, quieter common areas.
Land left open
The share of the land not built on, which includes roads.
- Land
- 2.13 acres
- Ground covered by buildings
- 25% of the land
8,627 m²
2,145 m²
CaveatAs registered on RERA Karnataka. "Typical" is the median of active residential/group housing projects with a land area on RERA; the comparison is ours.
Who is building it?
This is the only project registered under this company name in Bengaluru Urban. Builders often register projects under other companies.
The company
- Registered as
- PARAKITE BUILDERS PRIVATE LIMITED
- Type
- Company
- Company number
- U45309KA2016PTC098163
- PAN
- AAICP8856A
CIN or LLPIN, from the Registrar of Companies.
CaveatFrom the builder's own filings on this project's RERA page; complaints from RERA's list.
Paperwork and legal
- Registered with RERAPRM/KA/RERA/1251/446/PR/191107/002995 · Approved
- Building plan approvedBBMP - Bruhat Bengaluru Mahanagara Palike
- Litigation on the landNot stated
- Litigation on the projectDeclared in the Q1 2026-27 update
Complaints to RERA about this project
None on RERA Karnataka.
Documents
124 files on the RERA page: Approved plan ↗, Commencement certificate ↗, Brochure ↗.
CaveatAs filed on RERA Karnataka. Complaints are listed without the names of the people who filed them.
Project cost
- Land
- ₹42.2 cr
- Construction
- ₹176.1 cr
- Total project cost
- ₹218.3 cr
Money from buyers, each quarter
| Quarter | Collected from buyers | Withdrawn from the project account |
|---|---|---|
| Q3 2025-26 | ₹0.0 lakh | ₹0.0 lakh |
| Q4 2025-26 | ₹0.0 lakh | ₹0.0 lakh |
| Q1 2026-27 | ₹0.0 lakh | ₹0.0 lakh |
Builders fill these in differently: some give the quarter, some the total so far, and the totals don't always add up. Read them as rough.
CaveatCost as certified by the builder's chartered accountant at registration.
What's around it?
Open the full location report on the map
Metro, rail, bus, airport
- Nearest operational metro station2.35 kmReliable
- Nearest railway station0.51 kmReliable
- Bus stops within 500 m4Caveat
Parks, shops, daily needs
- Supermarkets within 1 km6Caveat
- Parks within 1 km7Caveat
- Nearest lake / water body (≥2 ha)1.01 kmCaveat
Hospitals
- Nearest hospital0.17 kmCaveat
Schools
- Schools in pincode 560033 (UDISE+ census)26Caveat
- Private (classes 1–10 or 1–12), government and central schools within 1 km14Caveat
- Median pupil-teacher ratio, schools within 1 km23.6 :1Caveat
- Schools with library + playground + ICT lab (1 km)4Caveat
Police and crime
- Reported IPC/BNS crimes, Bengaluru City (2025)37,181 casesCaveat
- Police station jurisdictionBanaswadi PSReliable
Air quality
- PM2.5, recent 24 h avg (nearest CPCB station)32 µg/m³Caveat
Flood and waterlogging
- BBMP-listed flood / low-lying spots within 1 km2Caveat
Water availability
- Groundwater stage (CGWB block assessment)Over ExploitedCaveat
- In an IISc groundwater-critical ward (2025 outlook)yesCaveat
Power reliability
- Avg outage minutes per feeder, city circles (2026-08)18.9 min/monthCaveat
- Un/partially-electrified layouts within 1 km0Caveat
Landfills, sewage plants, industry, aircraft
- Nearest named landfill / dump site (≥2 ha)11.21 kmReliable
- Nearest sewage treatment plant2 kmCaveat
- Industrial zones within 1 km1Caveat
- Nearest airfield runway (any, incl. military)6.43 kmCaveat
- Nearest commercial-airport runway21.65 kmReliable
- Distance to runway approach-path proxy19.33 kmCaveat
Upcoming infrastructure
- Under-construction projects within 3 km (verified)2Reliable
- Earlier-stage projects within 3 km (sanctioned/tendered/observed)3Caveat
ReliableFrom our location report at the builder-entered pin (13.00250, 77.63133), 2026-10-24. Each figure's source and caveat are in the full report.