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Registration approved Plotted Development project

AASTHA PROPERTIES PHASE 3

By AJAY PRASAD G

RG-KA-43202 · RERA PRM/KA/RERA/1254/464/PR/191107/002991

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
Mar 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 26 documents Report an error

AASTHA PROPERTIES PHASE 3 is a Plotted Development project by AJAY PRASAD G in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/464/PR/191107/002991 on 7 Nov 2019. Possession is promised by 9 Mar 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameAASTHA PROPERTIES PHASE 3
  • TypePlotted Development
  • Location
    • Gudibanda
    • Chikkaballapura
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1254/464/PR/191107/002991
  • ReraGenie IDRG-KA-43202

Builder

  • NameAJAY PRASAD G
  • Declared earlier projects1 →

Key dates

this monthRegisteredNov 2019First promiseJun 2021Revised toMar 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Nov 2019
  • Promised completion9 Mar 2022
  • Revised completionRevised to 9 Mar 2022 (originally 9 Jun 2021)
  • BuildingsNot stated in filing
  • Documents filed26 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 area37,331 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 1.00 cr

Extensions applied for1

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

ExtensionJun 2021 → Mar 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed26

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/191107/002991 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Commencement Certificate-
Approved Plan-
Approved Plan-
Sale deed 204-1 2 203-3 203-4-
agreement draft-
sale deed aastha ph3_compressed-
EC-
Section 3(1) Notarized Affidavit-
JD AFFIDAVIT CUM DECLARATION-
RTC-
Conversion Order-
Conversion Order-
KEB-
BWSSB-
KSPCB-
Balance Sheet 2017 - 2018File: balance sheet 17-18.pdf-
Balance Sheet 2016 - 2017File: balance sheet 16-17.pdf-
Audited Profit and Loss Statement 2017 - 2018File: p&l 17-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&L 16-17.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR.pdf-
Declaration-
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_191107_002991.xlsx-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
AASTHA PROPERTIES PHASE 2-OngoingMar 2020Not delivered

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.

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Other projects near Chikkaballapura170+ in Chikkaballapura

Builder: AJAY PRASAD G

AJAY PRASAD G has 1 registration on RERA Karnataka, including AASTHA PROPERTIES PHASE 3. Its filings declare 1 earlier project, 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 3 is delayed beyond 9 Mar 2022?

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 3?

The registered promoter entity is AJAY PRASAD G. 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 3?

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 AASTHA PROPERTIES PHASE 3?

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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About AASTHA PROPERTIES PHASE 3. 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.

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