ReraGenieLog inGet a buyer report

Home / Browse projects / Chikkaballapura, Karnataka / AASTHA PROPERTIES PHASE 2

Registration approved Plotted Development project

AASTHA PROPERTIES PHASE 2

By AASTHA PROPERTIES

RG-KA-63905 · RERA PRM/KA/RERA/1254/464/PR/190829/002835

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2020Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 38 documents Report an error

AASTHA PROPERTIES PHASE 2 is a Plotted Development project by AASTHA PROPERTIES in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/464/PR/190829/002835 on 29 Aug 2019. Possession is promised by 27 Dec 2020. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameAASTHA PROPERTIES PHASE 2
  • TypePlotted Development
  • Location
    • Gudibanda
    • Chikkaballapura
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1254/464/PR/190829/002835
  • ReraGenie IDRG-KA-63905

Builder

  • NameAASTHA PROPERTIES
  • Entity typeCompany
  • Authorized SignatoryAJAY PRASAD G
  • DirectorAJAY PRASAD G
  • Other registrations4 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredAug 2019First promiseMar 2020Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Aug 2019
  • Promised completion27 Dec 2020
  • Revised completionRevised to 27 Dec 2020 (originally 27 Mar 2020)
  • BuildingsNot stated in filing
  • Documents filed38 files

The full filing

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

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 area19,829 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 45.00 lakh

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectPRAKASH
EngineerPRAMOD H S

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionMar 2020 → Dec 2020

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed38

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/1254/464/PR/190829/002835 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Company Registration Certificate.pdf-
approval copy phase 2-
approved plan signed-
aastha2 approved layout plan-
202 agree ment draft-
202 agree ment draft-
saledeed and draft 202 1 and 2-
approved plan signed-
202 agree ment draft-
under progress-
amenities-
ec copy-
Astha2 3of1 Affidavit-
Astha2Katha-
partner affidvit-
DC Conversion 202 1 and 2-
NOC GARMPANCYAT-
NOC GARMPANCYAT-
Final EC phase 2-
aastha2 approved layout plan-
aastha2 approved layout plan-
DC Conversion 202 1 and 2-
Balance Sheet 2017 - 2018File: Balance Sheet 2015-16.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet 2015-16.pdf-
Balance Sheet 2015 - 2016File: Balancesheet.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit & Loss A_c - 2015-16.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Profit & Loss A_c - 2015-16.pdf-
Audited Profit and Loss Statement 2015 - 2016File: under progress.pdf-
Auditor's Report 2017 - 2018File: under progress.pdf-
Auditor's Report 2016 - 2017File: under progress.pdf-
Auditor's Report 2015 - 2016File: under progress.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: audit.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: audit.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: audit.pdf-
RERA FormB-
Prospectus/BrochureFile: Aastha Properties 68 Sites Paper Add.pdf-
Advertisement Copy 1File: Aastha Properties 68 Sites Paper Add.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1254_464_PR_190829_002835.xlsx-

How this compares with Chikkaballapura

27%of Chikkaballapura projects moved their completion datethis one moved by 9 months
1%of Chikkaballapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 170+ Chikkaballapura projects on ReraGenie, from their own filings.

Keep AASTHA PROPERTIES PHASE 2 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 Chikkaballapura170+ in Chikkaballapura

Builder: AASTHA PROPERTIES

AASTHA PROPERTIES has 5 registrations on RERA Karnataka, including SAI GOLDEN ORCHIDS and SAI GOLDEN ORCHIDS PHASE- 2. Its filings declare 2 earlier projects, none of them declared completed. Read the full track record. See more projects on the Chikkaballapura district page.

Frequently asked questions

What are my rights if AASTHA PROPERTIES PHASE 2 is delayed beyond 27 Dec 2020?

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 AASTHA PROPERTIES PHASE 2?

The registered promoter entity is AASTHA PROPERTIES, a company 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 AASTHA PROPERTIES PHASE 2?

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 AASTHA PROPERTIES PHASE 2?

The professionals named in the filing: Architect: PRAKASH; Engineer: PRAMOD H S. 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 AASTHA PROPERTIES PHASE 2?

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.

Report an error Share feedback

Report an error or share feedback

About AASTHA PROPERTIES PHASE 2. 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 AASTHA PROPERTIES PHASE 2 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.