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Registration approved Residential/Group Housing project

ARS LIFESTYLE

By ARS Properties

RG-KA-19971 · RERA PRM/KA/RERA/1251/308/PR/180627/001937

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Oct 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 44 documents Report an error

ARS LIFESTYLE is a Residential/Group Housing project by ARS Properties in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/180627/001937 on 27 Jun 2018. Possession is promised by 30 Oct 2019.

At a glance

Project

  • NameARS LIFESTYLE
  • TypeResidential/Group Housing
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/180627/001937
  • ReraGenie IDRG-KA-19971

Builder

  • NameARS Properties
  • Entity typePartnership Firm
  • Authorized SignatoryPrasad Naidu.S
  • Other registrations2 more →

Key dates

this monthRegisteredJun 2018PromisedOct 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on27 Jun 2018
  • Promised completion30 Oct 2019
  • Revised completionNone
  • Buildings1 building record
  • Documents filed44 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ars lifestyle---72072

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 area3,237 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 9.60 cr

Certifying professionals and partners2

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

RoleName
ArchitectRamesh D.B
EngineerG PRAVEEN KUMAR

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed44

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/1251/308/PR/180627/001937 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 ARS PROPERTIES.pdf-
COMMENCEMENT CERTIFICATE & FEE RECEIPTS 1 MB-
BUILDING PLAN SHEET 1 5MB-
BUILDING PLAN SHEET 1 5MB-
SALE DEED DRAFT-ARS PROP-
DRAFT SALE AGREEMENT-ARS PROPERTY-
PARTITION DEED NO 03 07 2013-
BUILDING PLAN SHEET 1 5MB-
BUILDING PLAN SHEET 2 5MB-
allottment letter-ars-
NA FILE-
NA FILE-
EC 07 03 2017 TO 23 05 2018-
LAND A KHATHA & EXTRACT-
JDA-
CONVERTION ORDER & FEE RECEIPT 1 MB-
NA FILE-
NA FILE-
NA FILE-
BUILDING PLAN SHEET 1 5MB-
BUILDING PLAN SHEET 1 5MB-
NA FILE-
Balance Sheet 2016 - 2017File: balance sheet.pdf-
Balance Sheet 2015 - 2016File: balance sheet.pdf-
Balance Sheet 2014 - 2015File: balance sheet.pdf-
Audited Profit and Loss Statement 2016 - 2017File: profit and loss statement 1 M B.pdf-
Audited Profit and Loss Statement 2015 - 2016File: profit and loss statement 1 M B.pdf-
Audited Profit and Loss Statement 2014 - 2015File: profit and loss statement 1 M B.pdf-
Director's Report 2016 - 2017File: NA FILE.jpg-
Director's Report 2015 - 2016File: NA FILE.jpg-
Director's Report 2014 - 2015File: NA FILE.jpg-
Cash Flow Statement 2016 - 2017File: cash flow statement.pdf-
Cash Flow Statement 2015 - 2016File: cash flow statement.pdf-
Auditor's Report 2016 - 2017File: auditor report 1.jpg-
Auditor's Report 2015 - 2016File: auditor report 3.jpg-
Auditor's Report 2014 - 2015File: auditor report 3.jpg-
Income Tax Return Acknowledgement 2016 - 2017File: income tax acknowledgement 1 MB.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: income tax acknowledgement 1 MB.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: income tax acknowledgement 1 MB.pdf-
ARS-FORM-B-
Occupancy CertificateFile: OC_ARS_Lifestyle.pdf-
Completion certificateFile: ARS Lifestyle COMPLETION certificate.pdf-
Registered Agreement of SaleFile: ARS Lifestyle Sale Agreement.pdf-
Registered conveyance deed for an individual unitFile: ARS Lifestyle Absolute Sale Deed.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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

Builder: ARS Properties

ARS Properties has 3 registrations on RERA Karnataka, including ARS LIFESTYLE and ARS Green Villae Rosaceae. 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 ARS LIFESTYLE is delayed beyond 30 Oct 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 ARS LIFESTYLE?

The registered promoter entity is ARS Properties, 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 ARS LIFESTYLE?

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 ARS LIFESTYLE?

The professionals named in the filing: Architect: Ramesh D.B; Engineer: G PRAVEEN KUMAR. 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 ARS LIFESTYLE?

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; whether construction progress keeps pace with sales in the coming quarters.

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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