What Are the Project Bank Details for Sattva Aangane?

Published On: 7 October 2026

The project bank account for Sattva Aangane is with ICICI Bank, Commissariat Road branch, Bengaluru, under IFSC code ICIC0000002. The K-RERA filing lists three linked escrow accounts for the project. These are a 100% account, a 70% account and a 30% account. Buyer payments flow into the 100% account first and then split between the other two. The 70% share stays locked for land and construction costs of this project alone.

Below, we explain how each account works, what rules control withdrawals and how you can pay safely.

Sattva Aangane Escrow Account Details

These are the project bank details exactly as filed with Karnataka RERA under registration number PRM/KA/RERA/1251/446/PR/180926/008944.

Account	Account number	Role
100% account (collection)	777705323021	Receives all buyer payments
70% account (RERA designated)	777705323022	Holds funds for land and construction only
30% account	777705323023	Holds the promoter's free share

All three accounts sit with ICICI Bank at the Commissariat Road branch, Bengaluru 560025, under IFSC code ICIC0000002. Before you transfer any money, check these numbers against the RERA portal and against your demand letter.

How Do the 100%, 70% and 30% Accounts Work?

The three-account setup exists to stop buyer money from leaking out of the project. Every rupee you pay lands first in the 100% collection account. From there, 70% moves into the RERA designated account and 30% moves into the promoter's account.

The promoter can use the 30% share for costs such as marketing, sales and overheads. The 70% share, though, can only pay for land and construction at Sattva Aangane. This matters because Sattva Resi Private Limited runs more than ten other projects registered with K-RERA. Each of those projects has its own separate account, so money from your project cannot fund a different site.

What Rules Control Withdrawals From the 70% Account?

Section 4 of the RERA Act sets strict rules for the 70% account. The promoter can withdraw money only in proportion to the work completed on site. Before each withdrawal, three professionals must certify the progress.

Engineer: Manohar H.E. of Ducon Consultant Private Limited
Architect: RSP Design Consultants (India) Private Limited
Chartered accountant: MOJ & Associates, through Avneep L Mehta

A chartered accountant must also audit the project accounts every financial year. The audit checks that the promoter used the money only for this project and only in line with progress. This gives you a paper trail that you or your lawyer can ask to see.

How Should You Pay for Your Sattva Aangane Home?

Most payment fraud in real estate happens when buyers send money to the wrong account. A few simple habits will protect you through the whole payment cycle.

Pay only through bank transfer or cheque, and never in cash.
Send money only to the account printed on an official demand letter from Sattva Resi Private Limited.
Match that account number with the K-RERA filing before every payment, not only the first one.
Never pay into the personal account of an agent, broker or employee.
Add your unit number and name in the payment remarks so the promoter can trace it easily.
Keep every receipt, and ask for a written receipt within a few days of each payment.

The filing also states that no RERA-registered agent is attached to this project. If someone asks you to route your payment through them, treat it as a warning sign.

Why Do Project Bank Details Matter to Buyers?

A clear escrow setup is one of the strongest protections you get under RERA. It means your money builds your tower, not another project or an unrelated cost. It also means a lender or a court can trace every rupee if anything goes wrong later.

For a large project like Sattva Aangane, this matters even more. The filed project cost is ₹1,106.99 crore, and the construction schedule runs until 21 October 2032. Over six years, buyer payments will form a big part of the funding. A locked 70% account keeps that money tied to real progress on site.

What Happens to the Escrow Money if the Project Is Delayed?

The money in the 70% account stays tied to this project even if work slows down. The promoter cannot move it to another site or use it to pay other debts. This keeps funds ready to restart or finish construction later.

If the promoter misses the RERA completion date, you can file a complaint with Karnataka RERA. Under the RERA Act, you can claim interest for each month of delay or ask for a refund with interest. Your payment receipts and bank statements will be the main proof in any such claim, so store them safely.

How Can You Verify the Bank Details Yourself?

You should confirm the bank details from the source, not from any website or WhatsApp message. These steps take only a few minutes.

Visit rera.karnataka.gov.in and search for the project registration number.
Open the project bank details section and note the three account numbers and IFSC code.
Compare them with the account shown on your demand letter or payment request.
Call the promoter's office at Sattva Windsor, Ulsoor Road, to confirm the account before a large payment.
Check the IFSC code on the RBI or ICICI Bank website to confirm it belongs to the Commissariat Road branch.

How Do the Bank Details Link to Your Payment Plan?

Each payment you make should match a stage in the payment plan and a stage marked complete on site. When your demand letter arrives, check three things together. Check the amount, the construction stage it refers to and the account number it asks you to pay into.

If all three line up with the RERA records, you can pay with confidence. For the current price list, booking amount and stage-wise payment plan, see the Sattva Aangane Price page.