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BUTTERFLY AVENUE
RG-KA-28571 · RERA PRM/KA/RERA/1251/446/PR/200924/007050 · Last updated on RERA Karnataka portal: 13 Aug 2024
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.
BUTTERFLY AVENUE is a Plotted Development project by TERRA GOLD VENTURES in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/200924/007050 on 20 Sep 2024. Possession is promised by 21 Oct 2026.
At a glance
Project
- NameBUTTERFLY AVENUE
- TypePlotted Development
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/446/PR/200924/007050
- ReraGenie IDRG-KA-28571
Builder
- NameTERRA GOLD VENTURES
- Entity typePartnership Firm
- GSTIN29AASFT1640B1Z5
- Authorized SignatoryDEVIREDDY PRASANTH REDDY
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on20 Sep 2024
- Promised completion21 Oct 2026
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed283 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership16
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 |
|---|---|---|
| P R KRISHNAPPA | - | - |
| P H Ramkrishsnappa | - | - |
| P H Ravindra | - | - |
| P H Srinivas | - | - |
| P H Kempanna | - | - |
| Chowdamma | - | - |
| P A Manjunath | - | - |
| P N Narayanaswamy | - | - |
| TERRA GOLD VENTURES | - | - |
| TERRA GOLD VENTURES | - | - |
| TERRA GOLD VENTURES | - | - |
| Mohammed Showkathula shariff | - | - |
| Hemavathi | - | - |
| SEENAPPA | - | - |
| P V Kanakadasa | - | - |
| SOWBHAGYA | - | - |
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 13.25 cr | - |
| Payment of taxes | Rs 4.58 cr | - |
| On-site expenditure-Salaries of workers | Rs 1.83 cr | - |
| On-site expenditure-Consultants Fees | Rs 1.20 cr | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Sahana. G |
| Chartered Accountant | KAMBALA VINEETH REDDY |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed283
As listed on the registration, under the names the promoter filed them with; the newest 80 of 283 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/200924/007050 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| 254-2 JDAFile: 254-2 JDA.pdf | 13 Aug 2024 |
| 254-2 GPAFile: 254-2 GPA.pdf | 13 Aug 2024 |
| 254-5,7,8,9 JDAFile: 254-5,7,8,9 JDA.pdf | 13 Aug 2024 |
| 254-5,7,8,9 GPAFile: 254-5,7,8,9 GPA.pdf | 13 Aug 2024 |
| 254-10 JDAFile: 254-10 JDA.pdf | 13 Aug 2024 |
| 254-10 GPAFile: 254-10 GPA.pdf | 13 Aug 2024 |
| 254-11 JDAFile: 254-11 JDA.pdf | 13 Aug 2024 |
| 254-11 GPAFile: 254-11 GPA.pdf | 13 Aug 2024 |
| 255-1 JDAFile: 255-1 JDA.pdf | 13 Aug 2024 |
| 255-1 GPAFile: 255-1 GPA.pdf | 13 Aug 2024 |
| 255-5 JDAFile: 255-5 JDA.pdf | 13 Aug 2024 |
| 255-5 GPAFile: 255-5 GPA.pdf | 13 Aug 2024 |
| 3B JDAFile: 264 3B JDA.pdf | 13 Aug 2024 |
| 3B GPAFile: 264 3B GPA.pdf | 13 Aug 2024 |
| 264-1 JDAFile: 264-1 JDA.pdf | 13 Aug 2024 |
| 264-1 GPAFile: 264-1 GPA.pdf | 13 Aug 2024 |
| 264-3A JDAFile: 264-3A JDA.pdf | 13 Aug 2024 |
| 264-3A GPAFile: 264-3A GPA.pdf | 13 Aug 2024 |
| 1 JDAFile: 266 1 JDA.pdf | 13 Aug 2024 |
| 1 GPAFile: 266 1 GPA.pdf | 13 Aug 2024 |
| LOAN UTILIZATION CERTIFICATEFile: 1 LOAN UTILIZATION CERTIFICATE.pdf | 12 Jul 2024 |
| Source Of Fund With Supportive DocumentFile: 2 Source Of Fund With Supportive Document.pdf | 12 Jul 2024 |
| LOAN AMOUNT DECLERATIONFile: 01 LOAN AMOUNT DECLERATION.pdf | 25 Jun 2024 |
| SOURCE OF FUNDSFile: 02 SOURCE OF FUNDS.pdf | 25 Jun 2024 |
| BANK AFFIDAVITFile: 01 BANK AFFIDAVIT.pdf | 22 May 2024 |
| BALANCE SHEET FY 2022File: 02 BALANCE SHEET FY 2022.pdf | 22 May 2024 |
| BALANCE SHEET FY 2023File: 02 BALANCE SHEET FY 2023.pdf | 22 May 2024 |
| ITR 2022File: 02 ITR 2022.pdf | 22 May 2024 |
| ITR 2023File: 02 ITR 2023.pdf | 22 May 2024 |
| PROFIT AND LOSS FY 2022File: 02 PROFIT AND LOSS FY 2022.pdf | 22 May 2024 |
| PROFIT AND LOSS FY 2023File: 02 PROFIT AND LOSS FY 2023.pdf | 22 May 2024 |
| SOURCE OF FUNDSFile: 03 SOURCE OF FUNDS.pdf | 22 May 2024 |
| ITR BHUMIREDDY RAGHUFile: ITR BHUMIREDDY RAGHU.pdf | 22 May 2024 |
| STATEMENT OF INCOME BHUMIREDDY RAGHUFile: STATEMENT OF INCOME.pdf | 22 May 2024 |
| ITR SAMPATHKUMAR JANARDHAN CHANDHAFile: ITR SAMPATHKUMAR JANARDHAN CHANDHA.pdf | 22 May 2024 |
| BALANCE SHEET SAMPATHKUMAR JANARDHAN CHANDHAFile: BALANCE SHEET SAMPATHKUMAR JANARDHAN CHANDHA (1)_compressed.pdf | 22 May 2024 |
| ITR PRASHANTHFile: ITR PRASHANTH.pdf | 22 May 2024 |
| STAEMENT OF INCOME PRASHANTFile: STAEMENT OF INCOME PRASHANT.pdf | 22 May 2024 |
| ITR SASIKANTHFile: ITR SASIKANTH.pdf | 22 May 2024 |
| BALANCE SHEET SASIKANTHFile: BALANCE SHEET SASIKANTH.pdf | 22 May 2024 |
| ITR SATYA SHEEL REDDYFile: BALANCE SHEET SATYA SHEEL REDDY.pdf | 22 May 2024 |
| BALANCE SHEET SATYA SHEEL REDDYFile: BALANCE SHEET SATYA SHEEL REDDY.pdf | 22 May 2024 |
| ITR SUNI BABUFile: ITR SUNI BABU.pdf | 22 May 2024 |
| BALANCE SHEET SUNIL BABUFile: BALANCE SHEET SUNIL BABU.pdf | 22 May 2024 |
| ITR UNDELA GURUPRASAD REDDYFile: ITR UNDELA GURUPRASAD REDDY.pdf | 22 May 2024 |
| BALANCE SHEET UNDELA GURUPRASAD REDDYFile: BALANCE SHEET UNDELA GURUPRASAD REDDY.pdf | 22 May 2024 |
| ITR VENKATA REDDY MANATIFile: ITR VENKATA REDDY MANATI.pdf | 22 May 2024 |
| BALANCE SHEET VENKATA REDDY MANATIFile: BALANCE SHEET VENKATA REDDY MANATI.pdf | 22 May 2024 |
| EC SY 254 5,7,8,9File: 06 EC SY 254 5,7,8,9.pdf | 22 May 2024 |
| EC SY NO 254 2File: 06 EC SY NO 254 2.pdf | 22 May 2024 |
| EC SY NO 254 10File: 06 EC SY NO 254 10.pdf | 22 May 2024 |
| EC SY NO 254 11File: 06 EC SY NO 254 11.pdf | 22 May 2024 |
| EC SY NO 255 1File: 06 EC SY NO 255 1.pdf | 22 May 2024 |
| EC SY NO 255 2File: 06 EC SY NO 255 2.pdf | 22 May 2024 |
| EC SY NO 255 3File: 06 EC SY NO 255 3.pdf | 22 May 2024 |
| EC SY NO 255 4File: 06 EC SY NO 255 4.pdf | 22 May 2024 |
| EC SY NO 255 5File: 06 EC SY NO 255 5.pdf | 22 May 2024 |
| EC SY NO 264 1File: 06 EC SY NO 264 1.pdf | 22 May 2024 |
| EC SY NO 264 3AFile: 06 EC SY NO 264 3A.pdf | 22 May 2024 |
| EC SY NO 264 3BFile: 06 EC SY NO 264 3B.pdf | 22 May 2024 |
| EC SY NO 266 1File: 06 EC SY NO 266 1.pdf | 22 May 2024 |
| GIFT DEED 255-5File: 07 GIFT DEED 255-5.pdf | 22 May 2024 |
| MOTHER DEED 254-2File: 07 MOTHER DEED 254-2.pdf | 22 May 2024 |
| MOTHER DEED 264 3AFile: 07 MOTHER DEED 264 3A.pdf | 22 May 2024 |
| OLD TITLE DEED 255-2File: 07 OLD TITLE DEED 255-2.pdf | 22 May 2024 |
| PANCHYATH VIBAGHA PATHRA 254-11File: 07 PANCHYATH VIBAGHA PATHRA 254-11.pdf | 22 May 2024 |
| PARTITION DEED 254-5,7,8,9File: 07 PARTITION DEED 254-5,7,8,9.pdf | 22 May 2024 |
| PARTITION DEED 264 3BFile: 07 PARTITION DEED 264 3B.pdf | 22 May 2024 |
| PARTITION DEED 254-10File: 07 PARTITION DEED 254-10.pdf | 22 May 2024 |
| PARTITION DEED 254-11File: 07 PARTITION DEED 254-11.pdf | 22 May 2024 |
| PARTITION DEED 255-1File: 07 PARTITION DEED 255-1.pdf | 22 May 2024 |
| PARTITION DEED 255-2,3,4File: 07 PARTITION DEED 255-2,3,4.pdf | 22 May 2024 |
| SALE DEED 264-1File: 07 SALE DEED 264-1.pdf | 22 May 2024 |
| SALE DEED 266-1File: 07 SALE DEED 266-1.pdf | 22 May 2024 |
| HISSA PHODI WITH MRFile: 08 HISSA PHODI WITH MR.pdf | 22 May 2024 |
| KARAB LAND UNDERTAKING LETTERFile: 09 KARAB LAND UNDERTAKING LETTER.pdf | 22 May 2024 |
| RELINQUSHMENT DEEDFile: 10 RELINQUSHMENT DEED.pdf | 22 May 2024 |
| LAYOUT WORK ORDERFile: 11 LAYOUT WORK ORDER.pdf | 22 May 2024 |
| DECLERATION HORTICULTURE NOCFile: 12 DECLERATION HORTICULTURE NOC.pdf | 22 May 2024 |
| CDP MAPSFile: 13 CDP MAPS.pdf | 22 May 2024 |
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Builder: TERRA GOLD VENTURES
TERRA GOLD VENTURES has 1 registration on RERA Karnataka, including BUTTERFLY AVENUE. 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 BUTTERFLY AVENUE is delayed beyond 21 Oct 2026?
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 BUTTERFLY AVENUE?
The registered promoter entity is TERRA GOLD VENTURES, a partnership firm as per the filing. Its GSTIN 29AASFT1640B1Z5 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 BUTTERFLY AVENUE?
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 BUTTERFLY AVENUE?
The professionals named in the filing: Engineer: Sahana. G; 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 BUTTERFLY AVENUE?
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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