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Registration approved Residential/Group Housing project

Assetz Marq

By Assetz Whitefiled homes private limited

RG-KA-13601 · RERA PRM/KA/RERA/1251/446/PR/171016/000973

Source: official RERA Karnataka filing

Red flags

  • 10 complaints at RERA Karnataka
  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • Separate project account declared
Jun 2019Possession promisedmoved 6 months from the original
10Complaints at RERA Karnatakaon this registration
Jump to the 66 documents Report an error

Assetz Marq is a Residential/Group Housing project by Assetz Whitefiled homes private limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171016/000973 on 16 Oct 2017. Possession is promised by 30 Jun 2019. The completion date has moved by 6 months from the original filing. 10 complaints are on record with the regulator.

At a glance

Project

  • NameAssetz Marq
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/171016/000973
  • ReraGenie IDRG-KA-13601

Builder

  • NameAssetz Whitefiled homes private limited
  • Entity typeCompany
  • CINU70109KA2012PTC063873
  • Authorized SignatoryAKSHAY K DEWANI

Key dates

this monthRegisteredOct 2017First promiseDec 2018Revised toJun 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 Oct 2017
  • Promised completion30 Jun 2019
  • Revised completionRevised to 30 Jun 2019 (originally 31 Dec 2018)
  • Buildings4 building records
  • Documents filed66 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Tower 1---1020102
Tower 2---72072
Tower 3---2040204
Tower 4---91091

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:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing workNot applicable
Retaining wall (All types)Not applicable
Plinth level BeamNot applicable
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etcNot applicable
Plastering inside , outside & CeilingNot applicable
Joinery: Doors, Windows, Ventilators etcNot applicable
Basic work of Water supply, Sanitary and ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
Railing and Grill fixingNot applicable
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
PaintingNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes-

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 area18,700 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 214.42 cr

Certifying professionals and partners2

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

RoleName
ArchitectCNT Architects
EngineerDesigntree Service Consultants Private Limited

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/1251/446/PR/220608/000973Dec 2018 → Jun 2019

Reason as filed by the promoterForce Majeure

Complaints filed with RERA Karnataka10

Case no.ComplainantRespondentFiled
CMP/190425/0002731-Assetz Whitefiled homes private limited25/04/2019
CMP/190504/0002890-Assetz Whitefiled homes private limited04/05/2019
CMP/190524/0003146-Assetz Whitefiled homes private limited24/05/2019
CMP/190525/0003149-Assetz Whitefiled homes private limited25/05/2019
CMP/191205/0004877-Assetz Whitefiled homes private limited05/12/2019
CMP/200119/0005257-Assetz Whitefiled homes private limited19/01/2020
CMP/200228/0005594-Assetz Whitefiled homes private limited28/02/2020
CMP/200521/0005915-Assetz Whitefiled homes private limited21/05/2020
CMP/200924/0006659-Assetz Whitefiled homes private limited24/09/2020
CMP/221202/0010419-Assetz Whitefiled homes private limited02/12/2022

Documents filed66

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/1251/446/PR/171016/000973 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Assetz Whitefield_COI.PDF-
Certificate form Architect,Engineer,CA etc.File: RERA_Merges_Certificates-v1.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect Certificate Completion.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineeer Final work done.pdf-
CA Certificate for Funds UtilizationFile: CA CERTIFICATE Utlized.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Arctitech Certificate Balance.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer certificate Balance works.pdf-
CA Certificate for Funds required for Project CompletionFile: CA CERTIFICATE Required.pdf-
AffidavitFile: Form B.pdf-
Latest Encumbrance Certificate-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails (1).xlsx-
Document 1File: Letter.pdf-
Document 2File: Cover Letter.pdf-
Document 3File: Master Escrow.pdf-
Document 4File: Operation Account -1.pdf-
Document 5File: Operation Account -2.pdf-
Document 6File: Rera -Degisnated.pdf-
11 Commencement Certificate - 03-09-2015-
9b Approved plan (2)-
Annexure - 10A - Approved layout plan-
Sale Deed- Marq-
Marq - Agreement draft 010817-
Annexure - 10A - Approved layout plan-
Annexure - 13 - Section plan-
Land documents-
Annexure - 13 - Section plan-
15 Development Plan-
16 Allotment letter Marq-
Marq Gate Fold 2017-
NOC-
Marq specification-1st Aug 17-
35v EC 160117 to 180417-
Khata - Marq-
12 b Building plan sanction-revised-
KVS Legal Opinion-
1b Revised Fire Approval 1515 (457)-
2 AAI-NOC 21082013-
3 BESCOM-NOC 081113-
4 BWSSB-NOc-
6c Revised PCB-
20 f MOEF NOC-
Balance Sheet 2015 - 2016File: 1c Assetz Whitefield_Balance Sheet_2015-16.pdf-
Balance Sheet 2014 - 2015File: 1b Assetz Whitefield_Balance Sheet_2014-15.pdf-
Balance Sheet 2013 - 2014File: 1a Assetz Whitefield_Balance Sheet_2013-2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2c Assetz Whitefield_Profit & Loss_2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2b Assetz Whitefield_Profit & Loss_2014-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: 2a Assetz Whitefield_Profit & Loss_2013-2014.pdf-
Director's Report 2015 - 2016File: Boards Report - 15-16.pdf-
Director's Report 2014 - 2015File: BR-Marq - 14-15.pdf-
Director's Report 2013 - 2014File: Boards Report - 13-14.pdf-
Cash Flow Statement 2015 - 2016File: 4c Assetz Whitefield_Cash Flow_2015-16.pdf-
Cash Flow Statement 2014 - 2015File: 4b Assetz Whitefield_Cash Flow_2014-15.pdf-
Auditor's Report 2015 - 2016File: 5c Assetz Whitefield_Auditor Report_2015-16.pdf-
Auditor's Report 2014 - 2015File: 5b Assetz Whitefield_Auditor Report_2014-15.pdf-
Auditor's Report 2013 - 2014File: 5a Assetz Whitefield_Auditor Report_2013-2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 6c ITR_AY_2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 6b ITR_AY_2015-16.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 6a ITR_AY_2014-15.pdf-
Declaration-min-
Prospectus/BrochureFile: 1. 63 east, Marq & H&N.pdf-
Advertisement Copy 1File: 1. 63 east, Marq & H&N.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_171016_000973.xlsx-
Occupancy CertificateFile: OCCUPANCY CERTIFICATE- Final.pdf-
Completion certificateFile: Completion Certificate-compressed.pdf-
Registered Agreement of SaleFile: Agreement to Sell Compressed.pdf-
Registered conveyance deed for an individual unitFile: Sale Deed Compressed.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 6 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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Builder: Assetz Whitefiled homes private limited

Assetz Whitefiled homes private limited has 1 registration on RERA Karnataka, including Assetz Marq. 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 Assetz Marq is delayed beyond 30 Jun 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 Assetz Marq?

The registered promoter entity is Assetz Whitefiled homes private limited, a company as per the filing. Its CIN U70109KA2012PTC063873 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 Marq?

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 Marq?

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 Marq?

The professionals named in the filing: Architect: CNT Architects; Engineer: Designtree Service Consultants Private Limited. 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 Marq?

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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