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Registration approved Residential/Group Housing project

Adarsh Palm Acres - Phase 2-Part A

By Adarsh Nivaas Private Limited

RG-KA-82228 · RERA PRM/KA/RERA/1251/309/PR/170915/000457

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 48 months
  • 3 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Nov 2023Possession promisedmoved 48 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 52 documents Report an error

Adarsh Palm Acres - Phase 2-Part A is a Residential/Group Housing project by Adarsh Nivaas Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/170915/000457 on 15 Sep 2017. Possession is promised by 3 Nov 2023. The completion date has moved by 48 months from the original filing.

At a glance

Project

  • NameAdarsh Palm Acres - Phase 2-Part A
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/309/PR/170915/000457
  • ReraGenie IDRG-KA-82228

Builder

  • NameAdarsh Nivaas Private Limited
  • Entity typeCompany
  • CINU45203KA2009PTC051268
  • Authorized SignatoryB M Jayeshankar
  • OthersM.Umashankar, T S Rajagopalan, Badrinath Karpur
  • Other registrations4 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredSep 2017First promiseNov 2019Revised toNov 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Sep 2017
  • Promised completion3 Nov 2023
  • Revised completionRevised to 3 Nov 2023 (originally 30 Nov 2019)
  • Buildings10 building records
  • Documents filed52 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
296---101
306---101
311---101
313---101
315---101
326---101
329---101
353---101
357---101
369---101

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)Not applicable
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
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)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

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 SupplyNoNot applicable
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
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 amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationYes-
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionYes-
StaircasesNoNot applicable
LiftsNoNot applicable
Staircases and Lift lobbies, corridor,lobbies, corridorNoNot applicable
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes-

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 area19,045 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 47.81 cr

Certifying professionals and partners2

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

RoleName
ArchitectRajani PM
EngineerRADHA B P

Extensions applied for3

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

ExtensionNov 2019 → Aug 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1251/309/PR/200117/000457Aug 2021 → Nov 2020

Reason as filed by the promoterothers

ExtensionNov 2020 → Nov 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed52

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/1251/309/PR/170915/000457 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Incorporation certificate-AdarshNivaas.pdf-
Project Details-
Certificate form Architect,Engineer,CA etc.File: CERTIFICATES_PART A.pdf-
Architect Certificate for Work Completion Schedule till DateFile: 3Current-Phase 2 part A.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: 4Engg cer.jpg-
CA Certificate for Funds UtilizationFile: 5 Fund utilization phase 2 part A nivaas.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Phase 2 part A pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: 8 engg certificate pending.jpg-
CA Certificate for Funds required for Project CompletionFile: 1Fund required phase 2 part A.pdf-
AffidavitFile: 10 Phase 2 part A -Affidavit and form B_compressed.pdf-
Latest Encumbrance CertificateFile: 11 EC.pdf-
Consent letter from 2/3rd of AllotteesFile: 12 consent.pdf-
Details Of Sold/ Un-sold UnitsFile: 13 Sold and Unsold Details (1).xlsx-
NOC DetailsFile: 14 PCB ACk.pdf-
Document 1File: 1Fund required phase 2 part A.pdf-
Document 2File: 2 Extension date 30.11.2020.pdf-
Document 3File: 3APA Plan sanction.pdf-
Document 4File: Phase 2 cc.pdf-
Document 5File: 10 Phase 2 part A -Affidavit and form B_compressed.pdf-
9 CC-
10 Sanction plan-
10 Sanction plan-
12 finalPalm Acres - Sale Agrt - Ph-2 - Nivas-
13LAND doc_part-
14 section plan-
10 Sanction plan-
16Allotment Letter - Palm Acres pdf-
18NOC-10pg-
19 APA SPECIFICATIONS_RERA-
8EC-Part-
Balance Sheet 2015 - 2016File: balance sheet.pdf-
Balance Sheet 2014 - 2015File: balance sheet.pdf-
Balance Sheet 2013 - 2014File: 14 BS.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L.pdf-
Audited Profit and Loss Statement 2013 - 2014File: 14 PL.pdf-
Director's Report 2015 - 2016File: Adarsh Nivaas DR FY-1516.pdf-
Director's Report 2014 - 2015File: Adarsh Nivaas DR FY-1415.pdf-
Director's Report 2013 - 2014File: 14 DR.pdf-
Cash Flow Statement 2015 - 2016File: cash folw.pdf-
Cash Flow Statement 2014 - 2015File: cash flow.pdf-
Auditor's Report 2015 - 2016File: CAreport.pdf-
Auditor's Report 2014 - 2015File: CAreport.pdf-
Auditor's Report 2013 - 2014File: 14 AD.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: IT.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 14 ITR.pdf-
20Formb-annexure-
Prospectus/BrochureFile: APA mini brochure with Rera No 28-4-18.pdf-
Advertisement Copy 1File: APA ET press ad - final 26 (2).pdf-
Advertisement Copy 2File: Economic Times.png-
Tower Excel SheetFile: to upload.xls-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 48 months
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.

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Builder: Adarsh Nivaas Private Limited

Adarsh Nivaas Private Limited has 5 registrations on RERA Karnataka, including Adarsh Palm Acres - Phase 2-Part B and Adarsh Palm Acres - Phase 2-Part A. Its filings declare 2 earlier projects, none of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Adarsh Palm Acres - Phase 2-Part A is delayed beyond 3 Nov 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 Adarsh Palm Acres - Phase 2-Part A?

The registered promoter entity is Adarsh Nivaas Private Limited, a company as per the filing. Its CIN U45203KA2009PTC051268 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 Adarsh Palm Acres - Phase 2-Part A?

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 Adarsh Palm Acres - Phase 2-Part A?

The professionals named in the filing: Architect: Rajani PM; Engineer: RADHA B P. 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 Adarsh Palm Acres - Phase 2-Part A?

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 Adarsh Palm Acres - Phase 2-Part A. 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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