ReraGenieLog inGet a buyer report

Home / Browse projects / Bengaluru Urban, Karnataka / #70

Registration approved Commercial project

#70

By Prizm Developers

RG-KA-35300 · RERA PRM/KA/RERA/1251/446/PR/180319/001869

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Jan 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 41 documents Report an error

#70 is a Commercial project by Prizm Developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180319/001869 on 19 Mar 2018. Possession is promised by 2 Jan 2019.

At a glance

Project

  • Name#70
  • TypeCommercial
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/180319/001869
  • ReraGenie IDRG-KA-35300

Builder

  • NamePrizm Developers
  • Entity typePartnership Firm
  • Authorized SignatoryMohammed Abdullah

Key dates

this monthRegisteredMar 2018PromisedJan 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 Mar 2018
  • Promised completion2 Jan 2019
  • Revised completionNone
  • Buildings1 building record
  • Documents filed41 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
#70---02020

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

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:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
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-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area764 sq m
Named landownersNone

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.

Separate project accountDeclared
Estimated costRs 7.20 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed41

As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/180319/001869 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Registration Certificate.pdf-
Commencement Certificate -
Plan Sanction-
Plan Sanction-
Sale Deed 1-
Sale Agreement - DRAFT (Cunningham Road)-
Sale Deed-
Plan Sanction-
Plan Sanction-
LETTER OF ALLOTMENT-
Prizm Developers @ Cunningham Road (Specs)-
Commencement Certificate -
Prizm Developers @ Cunningham Road (Specs)-
Encumberance Certificate-
Khata-
Joint Development Agreement-
Balance Sheet 2015 - 2016File: Balance Sheet 2016.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet 2015.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit & Loss Statement 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Profit & Loss Statement 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Profit & Loss Statement 2014.pdf-
Director's Report 2015 - 2016File: Auditor Report 2016.pdf-
Director's Report 2014 - 2015File: Auditor Report 2015.pdf-
Director's Report 2013 - 2014File: Auditor Report 2015.pdf-
Cash Flow Statement 2015 - 2016File: Profit & Loss Statement 2016.pdf-
Cash Flow Statement 2014 - 2015File: Profit & Loss Statement 2015.pdf-
Auditor's Report 2015 - 2016File: Auditor Report 2016.pdf-
Auditor's Report 2014 - 2015File: Auditor Report 2015.pdf-
Auditor's Report 2013 - 2014File: Auditor Report 2015.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Income Tax Return 2016.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Income Tax Return 2015.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: Income Tax Return 2014.pdf-
Declaration Form B-
Prospectus/BrochureFile: Brochure 1.0.pdf-
Advertisement Copy 1File: Brochure 1.0.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_180319_001869 Final.xlsx-
Occupancy CertificateFile: Occupancy Certificate - #70.pdf-
Completion certificateFile: Occupancy Certificate - #70.pdf-
Registered Agreement of SaleFile: #70 - Agreement Of Sale.pdf-
Registered conveyance deed for an individual unitFile: #70 - Conveyance Deed.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

Keep #70 on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: Prizm Developers

Prizm Developers has 1 registration on RERA Karnataka, including #70. 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 #70 is delayed beyond 2 Jan 2019?

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 #70?

The registered promoter entity is Prizm Developers, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 #70?

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.

What should I check before booking in #70?

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; whether construction progress keeps pace with sales in the coming quarters.

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.

Report an error Share feedback

Report an error or share feedback

About #70. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save #70 to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.