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Registration approved Residential/Group Housing project

AMBIANT ASSET HOME

By AMBIANT VENTURES

RG-KA-57053 · RERA PRM/KA/RERA/1251/310/PR/190205/002354

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
Mar 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 27 documents Report an error

AMBIANT ASSET HOME is a Residential/Group Housing project by AMBIANT VENTURES in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/190205/002354 on 5 Feb 2019. Possession is promised by 31 Mar 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameAMBIANT ASSET HOME
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/310/PR/190205/002354
  • ReraGenie IDRG-KA-57053

Builder

  • NameAMBIANT VENTURES
  • Entity typePartnership Firm
  • Authorized SignatorySREENIVASA RAO G.
  • OthersSREENIVASA RAO G

Key dates

this monthRegisteredFeb 2019First promiseMar 2019Revised toMar 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on5 Feb 2019
  • Promised completion31 Mar 2020
  • Revised completionRevised to 31 Mar 2020 (originally 31 Mar 2019)
  • Buildings1 building record
  • Documents filed27 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK-A---38038

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 area1,399 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 for1

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

EX/PRM/KA/RERA/1251/310/PR/220622/002354Mar 2019 → Mar 2020

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed27

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/1251/310/PR/190205/002354 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: REGISTRATION CERTIFICATE.pdf-
Architect Certificate for Work Completion Schedule till DateFile: ARC(Work Completed).pdf-
Engineer Certificate for Work Completion Schedule till DateFile: ENG(Work Completed).pdf-
CA Certificate for Funds UtilizationFile: CA(Fund Utilized).pdf-
Architect Certificate for Pending Work Completion Schedule.File: ARC(Work Pending).pdf-
Engineer Certificate for Pending Work Completion Schedule.File: ENG(Work Pending).pdf-
CA Certificate for Funds required for Project CompletionFile: CA(Funds Required).pdf-
Latest Encumbrance CertificateFile: EC.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails for Extension of project.xlsx-
Commencment Certificate-
Plan-
Plan-
EC-
Sale Deed-
Approved Plan-
Plan-
Broucher-
Building Licence-
EC-
Katha-
JDA-
GPA-
CONVERSION ORDER-
partnership deed-
Plan-
Form B-
Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_190205_002354.xlsx-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmAMBIANT ASSET HOMEOther 17Dot size: filed unitsN

Filed coordinates, straight-line distance. 17 registered projects within 2 km.

Builder: AMBIANT VENTURES

AMBIANT VENTURES has 1 registration on RERA Karnataka, including AMBIANT ASSET HOME. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if AMBIANT ASSET HOME is delayed beyond 31 Mar 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 AMBIANT ASSET HOME?

The registered promoter entity is AMBIANT VENTURES, 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 AMBIANT ASSET HOME?

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 AMBIANT ASSET HOME?

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 AMBIANT ASSET HOME. 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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