Home / Browse projects / Bengaluru Urban, Karnataka / BALAJI LAKE VIEW PHASE 1
BALAJI LAKE VIEW PHASE 1
By RAGHURAMI REDDY BONDALA & B RAMA MOHAN REDDY
RG-KA-73290 · RERA PRM/KA/RERA/1251/309/PR/110823/006167 · Last updated on RERA Karnataka portal: 9 Aug 2023
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
BALAJI LAKE VIEW PHASE 1 is a Plotted Development project by RAGHURAMI REDDY BONDALA & B RAMA MOHAN REDDY in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/110823/006167 on 11 Aug 2023. Possession is promised by 31 Dec 2024.
At a glance
Project
- NameBALAJI LAKE VIEW PHASE 1
- TypePlotted Development
- Location
- Bengaluru North
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/309/PR/110823/006167
- ReraGenie IDRG-KA-73290
Builder
- NameRAGHURAMI REDDY BONDALA & B RAMA MOHAN REDDY
- Entity typeOther ( Joint Development )
- Authorized SignatoryRAGHURAMI REDDY BONDALA
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on11 Aug 2023
- Promised completion31 Dec 2024
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed182 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership11
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Narayanappa | - | - |
| Muniyappa | - | - |
| Narayanappa | - | - |
| B Rama Mohan Reddy | - | - |
| Muniyappa | - | - |
| Muniyappa | - | - |
| Devraj | - | - |
| Devraj | - | - |
| Munihanumayya | - | - |
| Muniyappa | - | - |
| Devaraj | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 8.34 cr | - |
| On-site expenditure-Site Overhead | Rs 88.63 lakh | - |
| Payment of taxes | Rs 60.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 50.00 lakh | - |
| Principal sum and interest payable to financial institutions-Non Banking financial institution (NBFC) | Rs 37.90 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | ANJALI C |
| Chartered Accountant | Kambala Vineeth Reddy |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed182
As listed on the registration, under the names the promoter filed them with; the newest 80 of 182 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/110823/006167 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Clarification on Company or GST CertificateFile: 20 Clarification on Company or GST.pdf | 9 Aug 2023 |
| Raghuram Reddy FINANCIALS FY 22-23File: 1 Raghuram Reddy FINANCIALS FY 22-23.pdf | 9 Aug 2023 |
| Raghuram Reddy FINANCIALS FY 21-22File: 2 Raghuram Reddy FINANCIALS FY 21-22.pdf | 9 Aug 2023 |
| Raghuram Reddy FINANCIALS FY 20-21File: 3 Raghuram Reddy FINANCIALS FY 20-21.pdf | 9 Aug 2023 |
| Ramamohan Provisional Financial Year 2022-2023File: 4 Ramamohan Provisional Financial Year 2022-2023.pdf | 9 Aug 2023 |
| Ramamohan Financials FY 2020-21File: 5 Ramamohan Financials FY 2020-21.pdf | 9 Aug 2023 |
| Ramamohan Financials FY 2021-22File: 6 Ramamohan Financials FY 2021-22.pdf | 9 Aug 2023 |
| Ramamohan Financials FY 2019-20File: 7 Ramamohan Financials FY 2019-20.pdf | 9 Aug 2023 |
| Raghuram PANFile: 8 Raghuram PAN.pdf | 9 Aug 2023 |
| RamMohan PANFile: 9 RamMohan PAN.pdf | 9 Aug 2023 |
| Source of Funds with supporting documents Phase 1File: 10 Source of Funds with supporting documents Phase 1.pdf | 9 Aug 2023 |
| SyNo 34 MR NO 14File: 11 SyNo 34 MR NO 14.pdf | 9 Aug 2023 |
| SyNo 34 Partition DeedFile: 12 SyNo 34 Partition Deed.pdf | 9 Aug 2023 |
| EC SyNo 39-1 2004-2017File: 13 EC SyNo 39-1 2004-2017.pdf | 9 Aug 2023 |
| EC SyNo 39-3A 2004-2013File: 14 EC SyNo 39-3A 2004-2013.pdf | 9 Aug 2023 |
| Guidelines Value Signed copyFile: 15 Guidelines Value Signed copy.pdf | 9 Aug 2023 |
| Rythara Seva Sahakara Sangha Niyamitha NOC Phase 1File: 16 Rythara Seva Sahakara Sangha Niyamitha NOC Phase 1.pdf | 9 Aug 2023 |
| Clarification on Sy No 40-1File: 17 Clarification on Sy No 40-1.pdf | 9 Aug 2023 |
| Zonal Regulation 2007File: 18 Zonal Regulation 2007.pdf | 9 Aug 2023 |
| Water NOC Phase 1File: 19 Water NOC Phase 1.jpeg | 9 Aug 2023 |
| RTC, survey 34(P) | - |
| Mutation, survey 34(P) | - |
| Encumbrance Certificate, survey 34(P) | - |
| Conversion/Alienation Order, survey 34(P) | - |
| Sale/Title/Gift Deed, survey 34(P) | - |
| JDA, survey 34(P) | - |
| Khatha, survey 34(P) | - |
| RTC, survey 35/1(P) | - |
| Mutation, survey 35/1(P) | - |
| Encumbrance Certificate, survey 35/1(P) | - |
| Conversion/Alienation Order, survey 35/1(P) | - |
| Sale/Title/Gift Deed, survey 35/1(P) | - |
| JDA, survey 35/1(P) | - |
| Khatha, survey 35/1(P) | - |
| RTC, survey 35/2(P) | - |
| Mutation, survey 35/2(P) | - |
| Encumbrance Certificate, survey 35/2(P) | - |
| Conversion/Alienation Order, survey 35/2(P) | - |
| JDA, survey 35/2(P) | - |
| Khatha, survey 35/2(P) | - |
| RTC, survey 35/2(P) | - |
| Mutation, survey 35/2(P) | - |
| Encumbrance Certificate, survey 35/2(P) | - |
| Conversion/Alienation Order, survey 35/2(P) | - |
| Sale/Title/Gift Deed, survey 35/2(P) | - |
| Khatha, survey 35/2(P) | - |
| RTC, survey 40/1 | - |
| Mutation, survey 40/1 | - |
| Encumbrance Certificate, survey 40/1 | - |
| Conversion/Alienation Order, survey 40/1 | - |
| Sale/Title/Gift Deed, survey 40/1 | - |
| JDA, survey 40/1 | - |
| Khatha, survey 40/1 | - |
| RTC, survey 39/1 | - |
| Mutation, survey 39/1 | - |
| Encumbrance Certificate, survey 39/1 | - |
| Conversion/Alienation Order, survey 39/1 | - |
| JDA, survey 39/1 | - |
| Khatha, survey 39/1 | - |
| RTC, survey 39/2B | - |
| Mutation, survey 39/2B | - |
| Encumbrance Certificate, survey 39/2B | - |
| Conversion/Alienation Order, survey 39/2B | - |
| Sale/Title/Gift Deed, survey 39/2B | - |
| JDA, survey 39/2B | - |
| Khatha, survey 39/2B | - |
| RTC, survey 39/3A | - |
| Mutation, survey 39/3A | - |
| Encumbrance Certificate, survey 39/3A | - |
| Conversion/Alienation Order, survey 39/3A | - |
| Sale/Title/Gift Deed, survey 39/3A | - |
| JDA, survey 39/3A | - |
| Khatha, survey 39/3A | - |
| RTC, survey 42 | - |
| Mutation, survey 42 | - |
| Encumbrance Certificate, survey 42 | - |
| Conversion/Alienation Order, survey 42 | - |
| Sale/Title/Gift Deed, survey 42 | - |
| JDA, survey 42 | - |
| Khatha, survey 42 | - |
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Builder: RAGHURAMI REDDY BONDALA & B RAMA MOHAN REDDY
RAGHURAMI REDDY BONDALA & B RAMA MOHAN REDDY has 2 registrations on RERA Karnataka, including BALAJI LAKE VIEW PHASE 1 and BALAJI LAKE VIEW PHASE 2. 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 BALAJI LAKE VIEW PHASE 1 is delayed beyond 31 Dec 2024?
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 BALAJI LAKE VIEW PHASE 1?
The registered promoter entity is RAGHURAMI REDDY BONDALA & B RAMA MOHAN REDDY, an other ( joint development ) 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 BALAJI LAKE VIEW PHASE 1?
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 BALAJI LAKE VIEW PHASE 1?
The professionals named in the filing: Engineer: ANJALI C; Chartered Accountant: Kambala Vineeth Reddy. 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 BALAJI LAKE VIEW PHASE 1?
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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