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RERA project · Residential/Group Housing

THE FORMIST MANDALA

by FORMIST REALTY PRIVATE LIMITED · 245 homes · 4.80 acres · 3 towers · Bengaluru North

Upcoming Under construction, due Mar 2030. 41% built with 25% of the time used. 47% of homes booked.

Location report

At a glance

Is it on schedule?Never extended
41% built

Due 31 Mar 2030. 25% of the time from RERA approval to the deadline has passed.

Built41%
Time used25%
How much is sold?129 left
47% booked

116 of 245 homes, as the builder reported for Q2 2026-27.

How crowded is it?Less crowded
51 homes per acre

Similar projects within 3 km: 73 per acre. 57% of the land is left open.

Any complaints?None filed
None

Complaints to RERA about this project.

Any legal cases?None declared
None declared

No litigation on the land or the project, as the builder declares it to RERA.

What is the builder's record?No other record
Only this 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?

  1. Approved by RERA26 Aug 2025
  2. Work started1 Sep 2025
  3. Today24 Oct 2026

    25% of the time to the deadline has passed.

  4. If it slips like a typical project31 Dec 2030

    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

Q3 2025-2621%
Q4 2025-2629%
Q1 2026-2734%
Q2 2026-2741%

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.

By tower, Q2 2026-27

Block A25%
Block B10%
Block C11%

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?

116 booked129 leftQ2 2026-27

Still available: 27 × 2 BHK, 99 × 3 BHK, 3 × 4 BHK.

Booked, by type

2 BHK17 of 44
3 BHK87 of 186
4 BHK12 of 15

Booked, each quarter

Q3 2025-26102 of 245
Q4 2025-26109 of 245
Q1 2026-27108 of 245
Q2 2026-27116 of 245

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?

3 BHK
1,315 sq ft
122 m² carpet · sizes 926–1,341 sq ft (85 at this size)
84 m² land share · 43 m² balcony/terrace · 1 parking space
186 homes · 76% of the project
2 BHK
973 sq ft
90 m² carpet · sizes 680–973 sq ft (8 at this size)
54 m² land share · 26 m² balcony/terrace · 1 parking space
44 homes · 18% of the project
4 BHK
1,510 sq ft
140 m² carpet · sizes 1,485–1,626 sq ft (4 at this size)
99 m² land share · 49 m² balcony/terrace · 1 parking space
15 homes · 6% of the project

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

Block A4 floors
Block B4 floors
Block C4 floors

Block A: 105 homes, 15 m tall, 1 basement · Block B: 55 homes, 15 m tall, 1 basement · Block C: 85 homes, 15 m tall, 1 basement

Amenities

CaveatAs registered by the builder on RERA Karnataka.

How crowded is it?

Homes per acre

This project51
Typical within 3 km (42)73
Typical in the city (3,044)76

Fewer homes on each acre usually means less crowding: less traffic, quieter common areas.

Land left open

This project57%
Typical within 3 km (42)69%
Typical in the city (3,151)56%

The share of the land not built on, which includes roads.

Land
4.80 acres

19,425 m²

Ground covered by buildings
43% of the land

8,412 m²

Floor-area ratio
1.75

Floors built per unit of land: 1.75 m² of floors for each m² of land.

Parking
1.00 per home

245 covered, 0 open

Built-up area, all floors
4,52,762 sq ft

42,063 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
FORMIST REALTY PRIVATE LIMITED
Type
Company
Company number
U45400KA2018PTC112945

CIN or LLPIN, from the Registrar of Companies.

PAN
AADCF3939P
GSTIN
29AADCF3939P1ZX
Website
www.theformistgroup.com

Its other registrations on RERA Karnataka

The land is owned together with others (a joint development).

CaveatFrom the builder's own filings on this project's RERA page; complaints from RERA's list.

Project cost

Land ₹10.9 crBuilding and development ₹167.3 crTotal ₹178.2 cr
Money from buyers, each quarter
QuarterCollected from buyersWithdrawn from the project account
Q3 2025-26₹19.9 cr₹1.4 cr
Q4 2025-26₹39.4 cr₹27.6 cr
Q1 2026-27₹9.8 cr₹6.3 cr
Q2 2026-27₹24.7 cr₹18.8 cr

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 station6.29 kmReliable
  • Nearest railway station1.81 kmReliable
  • Bus stops within 500 m4Caveat

Parks, shops, daily needs

  • Supermarkets within 1 km5Caveat
  • Parks within 1 km9Caveat
  • Nearest lake / water body (≥2 ha)1.07 kmCaveat

Hospitals

  • Nearest hospital0.45 kmCaveat

Schools

  • Schools in pincode 560024 (UDISE+ census)28Caveat
  • Private (classes 1–10 or 1–12), government and central schools within 1 km10Caveat
  • Median pupil-teacher ratio, schools within 1 km19.6 :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 jurisdictionAmruthahally 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 km4Caveat

Water availability

  • Groundwater stage (CGWB block assessment)Over ExploitedCaveat
  • In an IISc groundwater-critical ward (2025 outlook)noCaveat

Power reliability

  • Avg outage minutes per feeder, city circles (2026-08)18.9 min/monthCaveat
  • Un/partially-electrified layouts within 1 km7Caveat

Landfills, sewage plants, industry, aircraft

  • Nearest named landfill / dump site (≥2 ha)7.57 kmReliable
  • Nearest sewage treatment plant1.04 kmCaveat
  • Industrial zones within 1 km1Caveat
  • Nearest airfield runway (any, incl. military)2.77 kmCaveat
  • Nearest commercial-airport runway18.1 kmReliable
  • Distance to runway approach-path proxy13.93 kmCaveat

Upcoming infrastructure

  • Under-construction projects within 3 km (verified)2Reliable
  • Earlier-stage projects within 3 km (sanctioned/tendered/observed)4Caveat

ReliableFrom our location report at the builder-entered pin (13.05167, 77.60015), 2026-10-24. Each figure's source and caveat are in the full report.