Home / Browse projects / Bengaluru Urban, Karnataka / Assetz 22 & Crest
Assetz 22 & Crest
By Jain Heights and Structures Pvt Ltd
RG-KA-35243 · RERA PRM/KA/RERA/1251/309/PR/170915/000219 · Last updated on RERA Karnataka portal: 30 Aug 2021
Source: official RERA Karnataka filing
Red flags
- Registration transferred
- 6 complaints at RERA Karnataka
- Completion date moved by 21 months
- 2 extensions taken
Clear
- Separate project account declared
Saved.
Assetz 22 & Crest is a Residential/Group Housing project by Jain Heights and Structures Pvt Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/170915/000219 on 15 Sep 2017. Possession is promised by 30 Mar 2022. The completion date has moved by 21 months from the original filing. 6 complaints are on record with the regulator.
At a glance
Project
- NameAssetz 22 & Crest
- TypeResidential/Group Housing
- Location
- Bengaluru North
- Bengaluru Urban
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/309/PR/170915/000219
- ReraGenie IDRG-KA-35243
Builder
- NameJain Heights and Structures Pvt Ltd
- Entity typeCompany
- CINU70200KA2005PTC036013
- Authorized SignatoryGururaj K
- OthersPrakash H.N
- Declared earlier projects5 →
Key dates
Key facts
Registration and timeline
- StatusRegistration transferred
- Registered on15 Sep 2017
- Promised completion30 Mar 2022
- Revised completionRevised to 30 Mar 2022 (originally 30 Jun 2020)
- Buildings2 building records
- Documents filed93 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Tower 1 | - | - | - | 63 | 0 | 63 |
| Tower 2 | - | - | - | 50 | 0 | 50 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 30 Aug 2021, the date of the latest filing. 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 | Not applicable |
| 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 | - |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities41
As on 30 Aug 2021, the date of the latest filing. 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 | No | Not applicable |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| 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 | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | Yes | - |
| Community Hall | Yes | - |
| Outdoor Sports facility | Yes | - |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | Yes | - |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| 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 | Yes | - |
| 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 | Khan Global Engineering consultants Pvt Ltd |
| Engineer | Innotech Engineerng consultants Pvt Ltd |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Reason as filed by the promoterothers
Complaints filed with RERA Karnataka6
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CMP/200112/0005197 | - | Jain Heights and Structures Pvt Ltd | 12/01/2020 |
| CMP/200926/0006604 | - | Jain Heights and Structures Pvt Ltd | 26/09/2020 |
| CMP/210305/0007749 | - | Jain Heights and Structures Pvt Ltd | 05/03/2021 |
| CMP/210418/0007907 | - | Jain Heights and Structures Pvt Ltd | 18/04/2021 |
| CMP/210803/0008205 | - | Jain Heights and Structures Pvt Ltd | 03/08/2021 |
| CMP/210803/0008206 | - | Jain Heights and Structures Pvt Ltd | 03/08/2021 |
Documents filed93
As listed on the registration, under the names the promoter filed them with; the newest 80 of 93 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/170915/000219 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CA CERTIFICATE FUNA UTILIZEDFile: CERTIFICATE FOR FUNDS UTILIZATION.pdf | 30 Aug 2021 |
| CA CERTIFICATE FUND REQUIREDFile: CERTIFICATE FOR FUNDS REQUIRED.pdf | 30 Aug 2021 |
| QUERY CLARIFICATION LETTER DATED 210830File: CLARIFICATION LETTER 210830.pdf | 30 Aug 2021 |
| QUERY CLARIFICATION LETTER DATED 210816File: CLARIFICATION LETTER 210819.pdf | 19 Aug 2021 |
| MODIFIED SITE PLANFile: ANNEXURE 1 1 SITE PLAN .pdf | 19 Aug 2021 |
| ELEVATION PLANFile: ANNEXURE 1 2 Modified Plan Sanction Elevation plan.pdf | 19 Aug 2021 |
| LOWER BASEMENT PLANFile: ANNEXURE 1 3 Lower Basement Floor.pdf | 19 Aug 2021 |
| UPPER BASEMENT PLANFile: ANNEXURE 1 4 Upper Basement.pdf | 19 Aug 2021 |
| GROUND FLOOR PLANFile: ANNEXURE 1 5 Ground Floor.pdf | 19 Aug 2021 |
| FIRST AND SECOND FLOOR PLANFile: ANNEXURE 1 6 First Second Floor Plan .pdf | 19 Aug 2021 |
| TYPICAL AND TERRACE FLOOR PLANFile: ANNEXURE 1 7 Typical Floor and Terrace Floor Plan.pdf | 19 Aug 2021 |
| CA FUNDS UTILIZED CERTIFICATEFile: ANNEXURE 2 1 CA CERTIFICATE FUNDS UTILIZED.pdf | 19 Aug 2021 |
| CA FUNDS REQUIRED CERTIFICATEFile: ANNEXURE 2 2 CA CERTIFICATE FUNDS REQUIRED.pdf | 19 Aug 2021 |
| ENGINEER WORK PENDING CERTIFICATEFile: ANNEXURE 3 1 ENGINEER CERTIFICATE WORK PENDING.pdf | 19 Aug 2021 |
| ENGINEER WORK DONE CERTIFICATEFile: ANNEXURE 3 2 ENGINEER CERTIFICATE WORK DONE.pdf | 19 Aug 2021 |
| ARCHITECT WORK DONE CERTIFICATEFile: ANNEXURE 4 1 ARC CERTIFICATE WORK COMPLETED.pdf | 19 Aug 2021 |
| ARCHITECT WORK PENDING CERTIFICATEFile: ANNEXURE 4 2 ARC CERTIFICATE WORK PENDING.pdf | 19 Aug 2021 |
| AFFIDAVIT FROM OUTGOING PROMOTERFile: ANNEXURE 5 -AFFIDAVIT FROM OUTGOING PROMOTER.pdf | 19 Aug 2021 |
| AFFIDAVIT FROM INCOMING PROMOTERFile: ANNEXURE 6 -AFFIDAVIT FROM INCOMING PROMOTER.pdf | 19 Aug 2021 |
| COMPENSATION AFFIDAVITFile: ANNEXURE 7 COMPENSATION AFFIDAVIT.pdf | 19 Aug 2021 |
| CertificateFile: Registration Certificate- JHSPL.pdf | - |
| Architect Certificate for Work Completion Schedule till DateFile: ANNEXURE 2 ARCHITECT WORK COMPLETED .pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: ANNEXURE 3 ENGINEER CERTIFICATE.pdf | - |
| CA Certificate for Funds UtilizationFile: ANNEXURE 4 CA FUND UTILIZED.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: ANNEXURE 6 ARCHITECT WORK PENDING.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: ANNEXURE 3 ENGINEER CERTIFICATE.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: ANNEXURE 7 CA FUNDS REQUIRED.pdf | - |
| AffidavitFile: ANNEXURE 8 AFFIDAVIT.pdf | - |
| Latest Encumbrance CertificateFile: ANNEXURE 9 ENCUMBRANCE CERTIFICATE.pdf | - |
| Consent letter from 2/3rd of AllotteesFile: CONSENT LETTER.pdf | - |
| Details Of Sold/ Un-sold UnitsFile: ANNEXURE 10 SOLD AND UNSOLD DETAILS.xlsx | - |
| Document 1File: ANNEXURE 13 2:3RD CONSENT LETTERS.pdf | - |
| Document 2File: Affidavit Form-B.pdf | - |
| G W - Commencement Certificate dt 09-02-2017 | - |
| G W - Approved Building Plan | - |
| G W - Proform of Sale deed | - |
| G W - Proforma Agreement of Sale | - |
| Existing Layout Plan | - |
| Existing Sectional Plan and Specification | - |
| Title Deed | - |
| G W - Approved Section of buildingInfrastructure Plan of Plotting | - |
| G W - Area Development Plan | - |
| G W - Proforma of Allotment Letter | - |
| G W - Brochure | - |
| G W - All NOC's from all the Authorities | - |
| G W - Project Specifications | - |
| G W - Encumbrance Certificates | - |
| Doc No 14 Katha Certificate & Extract dt 13-04-2017 | - |
| Joint Development Agreement | - |
| Other title document1 | - |
| Section 95 of KLR Act | - |
| CLU | - |
| Utilization Certificate | - |
| TDR Certificate | - |
| Relinquishment Deed | - |
| Doc No 08 Revised Fire NOC | - |
| Doc No 01 Revised -AAI-AIRPORT NOC | - |
| Doc No 04 BESCOM NOC | - |
| Doc No 05 BWSSB-NOC | - |
| KSPCB NOC | - |
| Doc No 09 MOEF | - |
| Doc No 03 BSNL NOC | - |
| NOC from abutting lands | - |
| Unnamed document | - |
| Urban Land Ceiling | - |
| BMRCL | - |
| Urban Arts Commission | - |
| Inspector of factories | - |
| District Magistrate | - |
| Coastal regulation | - |
| Structural Stability Certificate | - |
| Sectional Drawing | - |
| Title Report-Tatva | - |
| Balance Sheet 2015 - 2016File: JHSPL Balance Sheet 15-16.pdf | - |
| Balance Sheet 2014 - 2015File: JHSPL Balance Sheet 14-15.pdf | - |
| Balance Sheet 2013 - 2014File: JHSPL Balance Sheet 13-14.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: JHSPL Profit & Loss 15-16.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: JHSPL Profit & Loss 14-15.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: JHSPL Audited Profit & Loss 13-14.pdf | - |
| Director's Report 2015 - 2016File: JHSPL Director Report 15-16.pdf | - |
Promoter's earlier projects5
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 |
|---|---|---|---|---|
| Solus2 Phase I | - | Ongoing | Aug 2019 | Not delivered |
| Jain Heights East Parade Phase II | - | Ongoing | Jan 2019 | Not delivered |
| Solus | - | Completed | - | No date filed |
| Jain Heights East Parade Phase I | - | Completed | - | No date filed |
| Jain Heights Corona | - | Completed | - | No date filed |
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Builder: Jain Heights and Structures Pvt Ltd
Jain Heights and Structures Pvt Ltd has 1 registration on RERA Karnataka, including Assetz 22 & Crest. Its filings declare 5 earlier projects, 3 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if Assetz 22 & Crest is delayed beyond 30 Mar 2022?
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 Assetz 22 & Crest?
The registered promoter entity is Jain Heights and Structures Pvt Ltd, a company as per the filing. Its CIN U70200KA2005PTC036013 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 Assetz 22 & Crest?
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 Assetz 22 & Crest?
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 Assetz 22 & Crest?
The professionals named in the filing: Architect: Khan Global Engineering consultants Pvt Ltd; Engineer: Innotech Engineerng consultants Pvt Ltd. 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 Assetz 22 & Crest?
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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