Home / Browse projects / Bengaluru Rural, Karnataka / Artha Midas@NSC
Artha Midas@NSC
By ARTHA REAL ESTATE CORPORATION LIMITED
RG-KA-33310 · RERA PRM/KA/RERA/1250/304/PR/171021/001161
Source: official RERA Karnataka filing
Red flags
- 3 complaints at RERA Karnataka
Clear
- Completion date never moved
- Separate project account declared
Saved.
Artha Midas@NSC is a Residential/Group Housing project by ARTHA REAL ESTATE CORPORATION LIMITED in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/171021/001161 on 21 Oct 2017. Possession is promised by 31 Dec 2018. 3 complaints are on record with the regulator.
At a glance
Project
- NameArtha Midas@NSC
- TypeResidential/Group Housing
- Location
- Hosakote
- Bengaluru Rural
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1250/304/PR/171021/001161
- ReraGenie IDRG-KA-33310
Builder
- NameARTHA REAL ESTATE CORPORATION LIMITED
- Entity typeCompany
- CINU65990KA2008PLC085891
- Authorized SignatoryRamani Chandrashekar
- OthersD Sunil Govardhan Reddy
- Declared earlier projects3 →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on21 Oct 2017
- Promised completion31 Dec 2018
- Revised completionNone
- Buildings2 building records
- Documents filed49 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Tower 1 | - | - | - | 120 | 0 | 120 |
| Tower 2 | - | - | - | 204 | 0 | 204 |
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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | - |
| Plinth level Beam | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| 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 work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities43
Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Children play area | Yes | - |
| Land Scaping | Yes | - |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | No | Not applicable |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Ravi Kumar.G |
| Engineer | Monish Sharma |
Complaints filed with RERA Karnataka3
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CMP/190507/0002934 | - | ARTHA REAL ESTATE CORPORATION LIMITED | 07/05/2019 |
| 00556/2026 | - | ARTHA REAL ESTATE CORPORATION LIMITED | 18/05/2026 |
| 01143/2026 | - | ARTHA REAL ESTATE CORPORATION LIMITED | 22/09/2026 |
Documents filed49
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/1250/304/PR/171021/001161 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: 1 COI.pdf | - |
| 24 Commencement Certificate | - |
| 25 Building or Plotting Plan | - |
| 26 Approved layout Plan | - |
| 36 Proforma Sale deed | - |
| 27 Proforma Agreement for Sale | - |
| Sale and title deed RTC Mutation | - |
| 29 Approved Section of Building | - |
| 30 Area Development Plan | - |
| 31 Proforma Allotment letter | - |
| 32 Brochure | - |
| 33 ARECL NOC | - |
| 34 Specification | - |
| 23 ARECL EC | - |
| 1 Khata | - |
| Sale and title deed RTC Mutation | - |
| 4Conversion order - Midas | - |
| 8 BESCOM- Midas | - |
| 9 Water - NOC | - |
| 10 KSPCB - Midas | - |
| BSNL - Midas | - |
| Unnamed document | - |
| Engineers certificate - Midas | - |
| Midas Section Plan | - |
| Balance Sheet 2015 - 2016File: 4 ARECL Balance Sheet 2016.pdf | - |
| Balance Sheet 2014 - 2015File: 5_ARECL_Balance_Sheet_P&L_Cash Flow_2015.pdf | - |
| Balance Sheet 2013 - 2014File: 6 ARECL Balance Sheet 2014.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: 7 ARECL Profit and Loss Statement 2016.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: 5_ARECL_Balance_Sheet_P&L_Cash Flow_2015.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: 9 ARECL Profit and Loss Statement 2014.pdf | - |
| Director's Report 2015 - 2016File: 10 ARECL DIRECTORS REPORT 2016.pdf | - |
| Director's Report 2014 - 2015File: 11 ARECL Directors Report 2015.pdf | - |
| Director's Report 2013 - 2014File: 12 ARECL Directors Report 2014.pdf | - |
| Cash Flow Statement 2015 - 2016File: 13 ARECL Cash flow 2016.pdf | - |
| Cash Flow Statement 2014 - 2015File: 5_ARECL_Balance_Sheet_P&L_Cash Flow_2015.pdf | - |
| Auditor's Report 2015 - 2016File: 16 ARECL-AUDITORS REPORT 2016.pdf | - |
| Auditor's Report 2014 - 2015File: 17 ARECL Auditors Report 2015.pdf | - |
| Auditor's Report 2013 - 2014File: 18 ARECL Auditors Report 2014.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: 19 ARECL ITR ACK 16.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: 20 ARECL ITR ACK 15.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: 21 ARECL ITR ACK - 13 - 14.pdf | - |
| 35 Form-B | - |
| Prospectus/BrochureFile: midas-ad brocuher.jpg | - |
| Advertisement Copy 1File: midas-ad brocuher.jpg | - |
| Tower Excel SheetFile: PRM_KA_RERA_1250_304_PR_171021_001161.xlsx | - |
| Occupancy CertificateFile: OC for Midas Project.pdf | - |
| Completion certificateFile: ccoc for Midas Project.pdf | - |
| Registered Agreement of SaleFile: AOS Midas.pdf | - |
| Registered conveyance deed for an individual unitFile: Sale Deed Midas.pdf | - |
Promoter's earlier projects3
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| Emprasa Startup City - Residential | - | Ongoing | Aug 2017 | Not delivered |
| Chennai One World | - | Ongoing | Aug 2017 | Not delivered |
| Artha Zen | - | Ongoing | Aug 2017 | Not delivered |
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Builder: ARTHA REAL ESTATE CORPORATION LIMITED
ARTHA REAL ESTATE CORPORATION LIMITED has 1 registration on RERA Karnataka, including Artha Midas@NSC. Its filings declare 3 earlier projects, none of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if Artha Midas@NSC is delayed beyond 31 Dec 2018?
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 Artha Midas@NSC?
The registered promoter entity is ARTHA REAL ESTATE CORPORATION LIMITED, a company as per the filing. Its CIN U65990KA2008PLC085891 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 Artha Midas@NSC?
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.
How do I read the complaint cases filed against Artha Midas@NSC?
Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
Who certifies construction progress at Artha Midas@NSC?
The professionals named in the filing: Architect: Ravi Kumar.G; Engineer: Monish Sharma. 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 Artha Midas@NSC?
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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