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4 RESTHOUSE CRESCENT
RG-KA-59362 · RERA PRM/KA/RERA/1251/446/PR/200922/005247 · Last updated on RERA Karnataka portal: 15 Sep 2022
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 6 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
Saved.
4 RESTHOUSE CRESCENT is a Residential/Group Housing project by FORTUNA URBANSCAPE PVT LTD in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/200922/005247 on 20 Sep 2022. Possession is promised by 30 Dec 2023. The completion date has moved by 6 months from the original filing.
At a glance
Project
- Name4 RESTHOUSE CRESCENT
- TypeResidential/Group Housing
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/446/PR/200922/005247
- ReraGenie IDRG-KA-59362
Builder
- NameFORTUNA URBANSCAPE PVT LTD
- Entity typeCompany
- CINU45201KA2011PTC057194
- GSTIN29AABCF6776C1ZH
- Authorized SignatoryK S Govindaraju
- Managing DirectorK S Govindaraju
- DirectorsVinay Kumar Dega, Abhishek Chandrashekar, K S Govindaraju
- Project HeadK S Govindaraju
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on20 Sep 2022
- Promised completion30 Dec 2023
- Revised completionRevised to 30 Dec 2023 (originally 30 Jun 2023)
- Buildings1 building record
- Documents filed90 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| 4 RESTHOUSE CRESCENT | - | - | - | 10 | 0 | 10 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 Sep 2022, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | - |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | - |
Progress on shared amenities40
As on 15 Sep 2022, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | No | Not applicable |
| Use of renewable energy | Yes | - |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | Yes | - |
| Street Lighting | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | No | Not applicable |
| Piped Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
| Common storage spaces | Yes | - |
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Nirmala Pais | - | - |
Project account and cost
70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 7.50 cr | - |
| On-site expenditure-Salaries of workers | Rs 9.30 lakh | - |
| On-site expenditure-Consultants Fees | Rs 6.00 lakh | - |
| On-site expenditure-Site Overhead | Rs 2.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 1.54 lakh | - |
| Payment of taxes | Rs 80,000 | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Yashaswini Chowdhary |
| Engineer | Prateek |
| Chartered Accountant | Sujay |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterShortage of Labour
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed90
As listed on the registration, under the names the promoter filed them with; the newest 80 of 90 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/200922/005247 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| ClarificationFile: Rera Clarification.pdf | 15 Sep 2022 |
| NCLT OrderFile: NCLT Order with Resolution Plan.pdf | 15 Sep 2022 |
| Court OrderFile: Fortuna Court order.pdf | 15 Sep 2022 |
| Withdrawal application in 4451File: Withdrawal application in Complaint No 4451.pdf | 15 Sep 2022 |
| Withdrawal application in 6514File: Withdrawal application in Complaint 6514.pdf | 15 Sep 2022 |
| ClarificationsFile: Clarifications for RERA.pdf | 27 Jul 2022 |
| AffidavitFile: Affidavit- RERA.pdf | 27 Jul 2022 |
| Clarifications to quarterly updates for previous projectsFile: Clarifications to Qtly update.pdf | 2 Jun 2022 |
| Clarifications to previous projectsFile: Clarifications to previous project details.pdf | 2 Jun 2022 |
| Clarifications to P and L balance sheet Directors report,audit report and ITRFile: Clarifications to P and L statement.pdf | 2 Jun 2022 |
| P and L balance sheet Directors report,audit report and ITR -2019-20File: Balancesheet 2019-20.pdf | 2 Jun 2022 |
| P and L balance sheet Directors report,audit report and ITR -2020-21File: Balance sheet 2020-21.pdf | 2 Jun 2022 |
| Non- litigation affidavitFile: Affidavit for Non litigation.pdf | 2 Jun 2022 |
| Clarifications to project name changeFile: Affidavit for clarification to change in project name.pdf | 2 Jun 2022 |
| Clarifications to NOCs - KSPCB Water PowerFile: Affidavit for KSPCB and other NOC.pdf | 2 Jun 2022 |
| Court OrdersFile: Court NCLT orders.pdf | 15 Feb 2022 |
| Allotment letterFile: Allotment_Letter.pdf | 15 Feb 2022 |
| Agreement draftFile: Draft Agreement.pdf | 15 Feb 2022 |
| Sale agreement draftFile: Draft Sale Deed - 4 Rest House Crescent-.pdf | 15 Feb 2022 |
| Director reportFile: Fortuna Directors Report.pdf | 15 Feb 2022 |
| Project specificationFile: PROJECT SPECIFICATION.pdf | 15 Feb 2022 |
| Sanction planFile: Sanction Plan.pdf | 15 Feb 2022 |
| CCFile: C C.pdf | 15 Feb 2022 |
| Latest ECsFile: E C 1 07_01_22.pdf | 7 Jan 2022 |
| JDA affidavitFile: JDA affidavit Cum Declaration.pdf | 7 Jan 2022 |
| NCLT court ordersFile: NCLT COURT ORDER.pdf | 7 Jan 2022 |
| Registration CertificateFile: CIRTIFICATE OF INCORPORATION.pdf | - |
| Organization StructureFile: D V R ROC DIRECTOR SHIP DOC_compressed.pdf | - |
| Certificate issued by CA Form 1 | - |
| Certificate issued by Architect Form 2 | - |
| Certificate issued by Engineer Form 3 | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: Affidavit .pdf | - |
| Balance Sheet 2020 - 2021File: KSG ITR-20-21.pdf | - |
| Balance Sheet 2019 - 2020File: KSG ITR-19-20.pdf | - |
| Balance Sheet 2018 - 2019File: KSG ITR 18-19.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: KSG ITR-20-21.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: KSG ITR-19-20.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: KSG ITR 18-19.pdf | - |
| Director's Report 2020 - 2021File: KSG ITR-20-21.pdf | - |
| Director's Report 2019 - 2020File: KSG ITR-19-20.pdf | - |
| Director's Report 2018 - 2019File: KSG ITR 18-19.pdf | - |
| Cash Flow Statement 2020 - 2021File: KSG ITR-20-21.pdf | - |
| Cash Flow Statement 2019 - 2020File: KSG ITR-19-20.pdf | - |
| Auditor's Report 2020 - 2021File: KSG ITR-20-21.pdf | - |
| Auditor's Report 2019 - 2020File: KSG ITR-19-20.pdf | - |
| Auditor's Report 2018 - 2019File: KSG ITR 18-19.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: KSG ITR-20-21.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: KSG ITR-19-20.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: KSG ITR 18-19.pdf | - |
| C C | - |
| Sanction Plan | - |
| Sanction Plan1 | - |
| Sanction Plan | - |
| Sanction Plan1 | - |
| Sanction Plan1 | - |
| Sanction Plan1 | - |
| JDA_compressed | - |
| NCLT COURT ORDER | - |
| fortuna_casabona-ashok_nagar_bangalore-bengaluru-fortuna (2) | - |
| Affidavit Form B | - |
| Affidavit | - |
| CONVEYANCE DEED OF DEVELOPMENT RIGHTS CERTIFICATE DATED 13_7_12 190612_13 | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
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| Unnamed document | - |
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Builder: FORTUNA URBANSCAPE PVT LTD
FORTUNA URBANSCAPE PVT LTD has 2 registrations on RERA Karnataka, including SOHAN EXOTICA and 4 RESTHOUSE CRESCENT. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if 4 RESTHOUSE CRESCENT is delayed beyond 30 Dec 2023?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.
How do I verify and contact the developer of 4 RESTHOUSE CRESCENT?
The registered promoter entity is FORTUNA URBANSCAPE PVT LTD, a company as per the filing. Its CIN U45201KA2011PTC057194 and GSTIN 29AABCF6776C1ZH can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.
Is my payment protected in 4 RESTHOUSE CRESCENT?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
Who certifies construction progress at 4 RESTHOUSE CRESCENT?
The professionals named in the filing: Architect: Yashaswini Chowdhary; Engineer: Prateek; Chartered Accountant: Sujay. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in 4 RESTHOUSE CRESCENT?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; why the completion date was revised and what the new timeline depends on.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.
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