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Registration approved Plotted Development project

DOLLAR COLLONY

By A. Rama Reddy

RG-KA-88804 · RERA PRM/KA/RERA/1251/308/PR/171031/001698

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
May 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 31 documents Report an error

DOLLAR COLLONY is a Plotted Development project by A. Rama Reddy in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/171031/001698 on 31 Oct 2017. Possession is promised by 17 May 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameDOLLAR COLLONY
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/171031/001698
  • ReraGenie IDRG-KA-88804

Builder

  • NameA. Rama Reddy
  • Other registrations2 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredOct 2017First promiseAug 2020Revised toMay 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Oct 2017
  • Promised completion17 May 2021
  • Revised completionRevised to 17 May 2021 (originally 17 Aug 2020)
  • BuildingsNot stated in filing
  • Documents filed31 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 area21,033 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 5.94 cr

Certifying professionals and partners2

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

RoleName
ArchitectAr.Vinayakaram M S
EngineerMr.Rajesh - RAJESH CONSULTANTS

Extensions applied for1

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

ExtensionAug 2020 → May 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed31

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/1251/308/PR/171031/001698 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
plan 2 - PRL-34 final plan-
plan 2 - PRL-34 final plan-
Drawing PRL-34-
Sale Deed-
AGREEMENT OF SALE-
land 2-
Sectionl plan-
Area Developement Plan-
allotment letter-
Brouchera-
noc-
Project Specs-
Binder1-
title deed-
Conversion Order JD saledeeds Plan 2-
Relinquishment Deed-
Balance Sheet 2015 - 2016File: Balance sheet- FY 2015-16.pdf-
Balance Sheet 2014 - 2015File: 2014-2015.pdf-
Balance Sheet 2013 - 2014File: 2013-2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: FY 2015-16-Profit & Loss Account.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2014-2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: 2013-2014.pdf-
Cash Flow Statement 2015 - 2016File: 2015-2016.pdf-
Cash Flow Statement 2014 - 2015File: 2014-2015.pdf-
Auditor's Report 2015 - 2016File: Audit Report- FY 2015-16.pdf-
Auditor's Report 2014 - 2015File: 2014-2015.pdf-
Auditor's Report 2013 - 2014File: 2013-2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR_Ack_ 2015-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR_Ack_ 2014-15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR_Ack_2013-14.pdf-
Formb-

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

Builder: A. Rama Reddy

A. Rama Reddy has 3 registrations on RERA Karnataka, including DOLLAR COLLONY and Reliaable E City Plan 1. Its filings declare 3 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 DOLLAR COLLONY is delayed beyond 17 May 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 DOLLAR COLLONY?

The registered promoter entity is A. Rama Reddy. 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 DOLLAR COLLONY?

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 DOLLAR COLLONY?

The professionals named in the filing: Architect: Ar.Vinayakaram M S; Engineer: Mr.Rajesh - RAJESH CONSULTANTS. 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 DOLLAR COLLONY?

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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