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Ashraya
RG-KA-46919 · RERA PRM/KA/RERA/1251/310/PR/171201/001548
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
Saved.
Ashraya is a Residential/Group Housing project by Pragna Estates in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171201/001548 on 1 Dec 2017. Possession is promised by 30 Sep 2018.
At a glance
Project
- NameAshraya
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/310/PR/171201/001548
- ReraGenie IDRG-KA-46919
Builder
- NamePragna Estates
- Entity typePartnership Firm
- Authorized SignatoryNiranjan Reddy B
- OthersAnil Kumar Reddy T
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on1 Dec 2017
- Promised completion30 Sep 2018
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed32 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.
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed32
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/171201/001548 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: Pragna Estates Company Registration.pdf | - |
| CL1 | - |
| Plan Approval_0001 (2) | - |
| NA for Apart | - |
| Sale Deed Proforma | - |
| Sale Agreement Proforma | - |
| Land Doc and Location | - |
| Plan Approval_0001 (2) | - |
| NA for Apart | - |
| NA for Apart | - |
| Pragna Ashraya Brochure S | - |
| NOC from Tah | - |
| Specifications | - |
| EC Till to date | - |
| Gift Deed Comp | - |
| Joint Development Comp | - |
| Conversion Copy_Compressed | - |
| Balance Sheet 2015 - 2016File: Balance Sheet for Year ending 2017.PDF | - |
| Balance Sheet 2014 - 2015File: Balance Sheet for the Year ending 2016.PDF | - |
| Balance Sheet 2013 - 2014File: Financial Year NA.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: PL for 2016- 17.PDF | - |
| Audited Profit and Loss Statement 2014 - 2015File: Profilt and Loss statement 2015 -16.PDF | - |
| Audited Profit and Loss Statement 2013 - 2014File: Financial Year NA.pdf | - |
| Director's Report 2013 - 2014File: Financial Year NA.pdf | - |
| Cash Flow Statement 2013 - 2014File: Financial Year NA.pdf | - |
| Auditor's Report 2015 - 2016File: FORM NO FY 16 - 17.pdf | - |
| Auditor's Report 2014 - 2015File: FORM NO - Audit Report FY 15 - 16.pdf | - |
| Auditor's Report 2013 - 2014File: Financial Year NA.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IT Returns Ack PRAGNA ESTATES_AY 2017 - 18.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: IT Returns Ack PRAGNA ESTATES for AY 2016 - 17.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: Financial Year NA.pdf | - |
| Form B | - |
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Builder: Pragna Estates
Pragna Estates has 1 registration on RERA Karnataka, including Ashraya. 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 Ashraya is delayed beyond 30 Sep 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 Ashraya?
The registered promoter entity is Pragna Estates, 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 Ashraya?
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 Ashraya?
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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