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Registration approved Plotted Development project

ADISESH PALM TREE

By ADISESH PROJECTS

RG-KA-73641 · RERA PRM/KA/RERA/1265/339/PR/171215/001534 · Last updated on RERA Karnataka portal: 22 Oct 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2019Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 48 documents Report an error

ADISESH PALM TREE is a Plotted Development project by ADISESH PROJECTS in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/339/PR/171215/001534 on 15 Dec 2017. Possession is promised by 31 Dec 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameADISESH PALM TREE
  • TypePlotted Development
  • Location
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/339/PR/171215/001534
  • ReraGenie IDRG-KA-73641

Builder

  • NameADISESH PROJECTS
  • Entity typePartnership Firm
  • Authorized SignatoryPARDEEP VATS
  • OthersPARDEEP VATS
  • Other registrations2 more →

Key dates

this monthRegisteredDec 2017First promiseDec 2018Revised toDec 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Dec 2017
  • Promised completion31 Dec 2019
  • Revised completionRevised to 31 Dec 2019 (originally 31 Dec 2018)
  • BuildingsNot stated in filing
  • Documents filed48 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 area13,606 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 2.40 cr

Extensions applied for1

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

EX/PRM/KA/RERA/1265/339/PR/220620/001534Dec 2018 → Dec 2019

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed48

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/1265/339/PR/171215/001534 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Enquiry 14 Oct All Extension ReplyFile: Palm Tree Extension _compressed.pdf22 Oct 2020
CertificateFile: REGISTRED FIRM.jpg-
Architect Certificate for Work Completion Schedule till DateFile: Arc certificate - work completed_sd.PDF-
Engineer Certificate for Work Completion Schedule till DateFile: Engg certificate - work completed_Sd.PDF-
CA Certificate for Funds UtilizationFile: CA certificate - fund utilized_Sd.PDF-
Architect Certificate for Pending Work Completion Schedule.File: Arc certificate - work pending_Sd.PDF-
Engineer Certificate for Pending Work Completion Schedule.File: Engg certificate - work pending_Sd.PDF-
CA Certificate for Funds required for Project CompletionFile: CA certificate - funds required_Sd.PDF-
AffidavitFile: Form B_Sd.PDF-
Latest Encumbrance CertificateFile: Latest Encumbrance Certificate.jpg-
Consent letter from 2/3rd of AllotteesFile: NOCs from Allottees Compressed.pdf-
Details Of Sold/ Un-sold UnitsFile: Sold Unsold Details.xlsx-
Document 1File: Affidavit Extension compressed.pdf-
Document 2File: compensastion Nocs compressed.pdf-
Document 3File: NOCs from Allottees Compressed.pdf-
Document 4File: Adisesh Palm Tree.pdf-
Document 5File: Plan Sanction latest .pdf-
Document 6File: PALM TREE ENQUIRY ALL COMPRESSED.pdf-
Document 7File: Palm Tree Extension Enquiry.pdf-
Document 8File: Affidavit Palm Tree.pdf-
Document 9File: 19022020044319_25475_XXXXX2133.pdf-
Layout plan-
Layout plan-
sale deed proforma-
aggrement for sale proforma-
sale deed-compressed-
Layout plan-
Layout plan-
Brochure-
encumbrance certificate-
tittle deed-
Balance Sheet 2015 - 2016File: balance sheet 2015-16.PDF-
Balance Sheet 2014 - 2015File: Balance sheet 2014-15.PDF-
Balance Sheet 2013 - 2014File: Balance sheet 2013-14.PDF-
Audited Profit and Loss Statement 2015 - 2016File: Profit & loss 2015-16.PDF-
Audited Profit and Loss Statement 2014 - 2015File: Profit & loss 2014-15.PDF-
Audited Profit and Loss Statement 2013 - 2014File: Profit & loss 2013-14.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: ITR_1516.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR-V 1415.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR_V_1314.pdf-
form b declarartion_ sd-
Prospectus/BrochureFile: Adisesh Palm Tree.pdf-
Advertisement Copy 1File: Adisesh Palm Tree.pdf-
Plot Excel SheetFile: Plot details.xlsx-
Occupancy CertificateFile: Release Letter.pdf-
Completion certificateFile: Release Letter.pdf-
Registered Agreement of SaleFile: Sale Agreement Palm Tree.pdf-
Registered conveyance deed for an individual unitFile: Sale Deed Palm Tree.pdf-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one moved by 12 months
0%of Kolar registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Kolar projects on ReraGenie, from their own filings.

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Builder: ADISESH PROJECTS

ADISESH PROJECTS has 3 registrations on RERA Karnataka, including ADISESH PALM TREE and Adisesh Green City Phase 4. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kolar district page.

Frequently asked questions

What are my rights if ADISESH PALM TREE is delayed beyond 31 Dec 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 ADISESH PALM TREE?

The registered promoter entity is ADISESH PROJECTS, 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 ADISESH PALM TREE?

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 ADISESH PALM TREE?

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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