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Registration approved Plotted Development project

ADISESH PRIME

By Pardeep Vats

RG-KA-33247 · RERA PRM/KA/RERA/1265/339/PR/180420/001517

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 38 documents Report an error

ADISESH PRIME is a Plotted Development project by Pardeep Vats in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/339/PR/180420/001517 on 20 Apr 2018. Possession is promised by 31 Dec 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameADISESH PRIME
  • TypePlotted Development
  • Location
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/339/PR/180420/001517
  • ReraGenie IDRG-KA-33247

Builder

  • NamePardeep Vats
  • Entity typePartnership Firm
  • Authorized SignatoryPardeep Vats

Key dates

this monthRegisteredApr 2018First promiseDec 2019Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on20 Apr 2018
  • Promised completion31 Dec 2020
  • Revised completionRevised to 31 Dec 2020 (originally 31 Dec 2019)
  • 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 area12,544 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 7.00 cr

Extensions applied for2

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

ExtensionDec 2019 → Jun 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1265/339/PR/201001/001517Jun 2021 → Dec 2020

Reason as filed by the promoterShortage of Labour

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/1265/339/PR/180420/001517 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: REGISTRED FIRM.jpg-
Architect Certificate for Work Completion Schedule till DateFile: Architect - Work Completed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer - Work Completed.PDF-
CA Certificate for Funds UtilizationFile: CA Certificate Funds utilised.PDF-
Architect Certificate for Pending Work Completion Schedule.File: Architect - Work Pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer - Work Pending.PDF-
CA Certificate for Funds required for Project CompletionFile: CA Certificate Funds Required.PDF-
AffidavitFile: Affidavit_sd.pdf-
Latest Encumbrance CertificateFile: Encumberance Certificate.pdf-
Consent letter from 2/3rd of AllotteesFile: Consent Letters_NOC on Extension.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: BOI Statements 01-10-2017 to 28-01-2020.pdf-
Document 2File: Bank Statement_NEW.pdf-
Document 3File: Commencement Certificate.pdf-
Document 4File: Consent Letters_NOC on Extension and compensation.pdf-
Document 5File: Adisesh Prime Enquiry.pdf-
Document 6File: Prime_Affidavit.pdf-
Layout Plan-
Proforma SALE DEED Prime-
Proforma Sale Agreement Prime-
Sale deed-
Encumbrance Certificate-
Katha-
Coversion certificate-Final-
Layout Plan-
Balance Sheet 2016 - 2017File: Balance Sheet.PDF-
Balance Sheet 2015 - 2016File: Balance sheet 2014-15.PDF-
Balance Sheet 2014 - 2015File: Balance sheet 2013-14.PDF-
Audited Profit and Loss Statement 2016 - 2017File: Profit and loss.PDF-
Audited Profit and Loss Statement 2015 - 2016File: Profit & loss 2014-15.PDF-
Audited Profit and Loss Statement 2014 - 2015File: Profit & loss 2013-14.PDF-
Income Tax Return Acknowledgement 2016 - 2017File: ITR V.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: ITR-V 1415.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR_V_1314.pdf-
Form B_SD-
Prospectus/BrochureFile: Adiseh Prime.pdf-
Advertisement Copy 1File: Adiseh Prime.pdf-
Plot Excel SheetFile: Plots Details_Prime.xlsx-

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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Other projects near Kolar190+ in Kolar

Builder: Pardeep Vats

Pardeep Vats has 1 registration on RERA Karnataka, including ADISESH PRIME. 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 PRIME is delayed beyond 31 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 ADISESH PRIME?

The registered promoter entity is Pardeep Vats, 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 PRIME?

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 PRIME?

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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