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Registration approved Plotted Development project

CLASSIC ELMWOOD PHASE IV

By CLASSIC PROPERTY DEVELOPERS

RG-KA-55959 · RERA PRM/KA/RERA/1251/308/PR/200526/003421 · Last updated on RERA Karnataka portal: 19 May 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 93 documents Report an error

CLASSIC ELMWOOD PHASE IV is a Plotted Development project by CLASSIC PROPERTY DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/200526/003421 on 26 May 2020. Possession is promised by 20 Sep 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameCLASSIC ELMWOOD PHASE IV
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/308/PR/200526/003421
  • ReraGenie IDRG-KA-55959

Builder

  • NameCLASSIC PROPERTY DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryN. VIVEKANANDA REDDY
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMay 2020First promiseDec 2020Revised toSep 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 May 2020
  • Promised completion20 Sep 2021
  • Revised completionRevised to 20 Sep 2021 (originally 20 Dec 2020)
  • BuildingsNot stated in filing
  • Documents filed93 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.

Land area5,564 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 1.15 cr

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionDec 2020 → Sep 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

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/1251/308/PR/200526/003421 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
FIRM REGISTRATION CERTIFICATEFile: firm registration.pdf19 May 2020
PARTNERSHIP DEEDFile: partnership deed (collaboration).pdf19 May 2020
PARTNERSHIP DEEDFile: partnership deed (collaboration).pdf11 May 2020
POST RELEASE OF 100% OF SITES KATHA WILL BE AVAILABLEFile: N A.pdf11 Mar 2020
EC W.R.T SY NO. 53/3 IN THE NAME OF PROMOTERFile: EC Sy No. 53.3 Promoter.pdf11 Mar 2020
PARTNERSHIP DEEDFile: partnership deed (collaboration).pdf11 Mar 2020
Joint affidavit cum declaration/ClarificationFile: Joint Affidavit.pdf11 Mar 2020
2019 AUDITOR REPORTFile: 2019 Auditor report.pdf4 Mar 2020
CONTRACTOR DETAILSFile: Contractors details.pdf4 Mar 2020
DEVELOPMENT DETAILSFile: DEVELOPMENT DETAILS.pdf4 Mar 2020
EC OF SY NO. 53/3File: EC of Sy No. 53.3.pdf4 Mar 2020
MR OF SY NO. 53/3File: MR of Sy No. 53.3.pdf4 Mar 2020
NOTARIZED AFFIDAVIT UNDER SEC 3(1)File: Notarized Affidavit.pdf4 Mar 2020
BANK PASSBOOKFile: Passbook.pdf4 Mar 2020
PROJECT HEADFile: PROJECT HEAD.pdf4 Mar 2020
ADDRESS MENTIONED IN THE PROJECT DETAILS & IN PLAN IS SAMEFile: plan.pdf4 Mar 2020
commencement-
plan-
plan-
Proforma Of Sale Deed-
Proforma Of Sale Agreement-
Sale Deeds-
plan-
plan-
Allotment Letter-
Brochure-
SPECIFICATIONS-
EC (2)-
N A-
N A-
MR-
partnership deed (collaboration)-
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plan-
plan-
conve (1)-
Unnamed document-
Balance Sheet 2018 - 2019File: Balance 19-20.pdf-
Balance Sheet 2017 - 2018File: balance 18-19.pdf-
Balance Sheet 2016 - 2017File: Balance 17-18.pdf-
Audited Profit and Loss Statement 2018 - 2019File: P L 19-20.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P L 18-19.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P L 17-18.pdf-
Director's Report 2018 - 2019File: N A.pdf-
Director's Report 2017 - 2018File: N A.pdf-
Director's Report 2016 - 2017File: N A.pdf-
Cash Flow Statement 2018 - 2019File: N A.pdf-
Cash Flow Statement 2017 - 2018File: N A.pdf-
Auditor's Report 2018 - 2019File: auditors report.pdf-
Auditor's Report 2017 - 2018File: auditors report.pdf-
Auditor's Report 2016 - 2017File: auditors report.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT 19-20.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: IT 18 -19.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: IT 17-18.pdf-
form B-
Prospectus/BrochureFile: Brochure.pdf-
Advertisement Copy 1File: Brochure.pdf-
Plot Excel SheetFile: PRMKARERA1251308PR200526003421.xlsx-

Promoter's earlier projects1

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.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
CLASSIC ELMWOOD PHASE II & III-OngoingDec 2020Not delivered

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmCLASSIC ELMWOOD PHASE IVOther 6Dot size: filed unitsN

Filed coordinates, straight-line distance. 6 registered projects within 2 km.

Builder: CLASSIC PROPERTY DEVELOPERS

CLASSIC PROPERTY DEVELOPERS has 2 registrations on RERA Karnataka, including ELMWOOD PHASE II and CLASSIC ELMWOOD PHASE IV. Its filings declare 1 earlier project, none 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 CLASSIC ELMWOOD PHASE IV is delayed beyond 20 Sep 2021?

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 CLASSIC ELMWOOD PHASE IV?

The registered promoter entity is CLASSIC PROPERTY DEVELOPERS, 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 CLASSIC ELMWOOD PHASE IV?

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 CLASSIC ELMWOOD PHASE IV?

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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