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Registration approved Residential/Group Housing project

DS - Max Sparkle Nest

By Ds Max Properties Private Limited

RG-KA-47460 · RERA PRM/KA/RERA/1251/446/PR/180516/001707

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Jun 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 45 documents Report an error

DS - Max Sparkle Nest is a Residential/Group Housing project by Ds Max Properties Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180516/001707 on 16 May 2018. Possession is promised by 14 Jun 2019.

At a glance

Project

  • NameDS - Max Sparkle Nest
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/446/PR/180516/001707
  • ReraGenie IDRG-KA-47460

Builder

  • NameDs Max Properties Private Limited
  • Entity typeCompany
  • CINU70102KA2007PTC041508
  • Authorized SignatoryK V SATISH
  • Other registrations38 more →
  • Declared earlier projects31 →

Key dates

this monthRegisteredMay 2018PromisedJun 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 May 2018
  • Promised completion14 Jun 2019
  • Revised completionNone
  • Buildings1 building record
  • Documents filed45 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
DS MAX SPARKLE NEST---1200120

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 work-
Retaining wall (All types)Not applicable
Plinth level Beam-
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 etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

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 plantingNoNot applicable
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsNoNot applicable
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolYes-
GymYes-
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
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-
BasementNoNot applicable
TerraceYes-
Outer WallNoNot applicable
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area4,649 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 27.91 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed45

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/180516/001707 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Certificate of Incorporation.pdf-
Comancement COPY-
plan-
plan-
Sparkle Nest SALE DEED DRAFT-
sparklnest agreement draft-
RTC NEW-
plan-
plan-
ALLOTMENT LETTER-
Brochure sparkle nest-
Project Specification-
EC TILL 09 NOV 2017-
KATHA-DS-MAX-
SALE DEED-
POLLUTION BOARD NOC-
sparklenest project plan-
sparklenest project plan-
CONVERSION COPY-
Balance Sheet 2016 - 2017File: DS MAX Properties(Balance Sheet) - 16-17.pdf-
Balance Sheet 2015 - 2016File: DSMPPL Scanned Financials FY 2015-16 BS pl cf itr.pdf-
Balance Sheet 2014 - 2015File: Balance sheet 2014-15-BS PL CF.pdf-
Audited Profit and Loss Statement 2016 - 2017File: DS MAX Properties(Balance Sheet) - 16-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: DSMPPL Scanned Financials FY 2015-16 BS pl cf itr.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Balance sheet 2014-15-BS PL CF.pdf-
Director's Report 2016 - 2017File: DSMPPL - Board Report 2016-17.pdf-
Director's Report 2015 - 2016File: BOARD REPORT 15-16.pdf-
Director's Report 2014 - 2015File: Directors report Balance sheet- 14-15.pdf-
Cash Flow Statement 2016 - 2017File: DS MAX Properties(Balance Sheet) - 16-17.pdf-
Cash Flow Statement 2015 - 2016File: DSMPPL Scanned Financials FY 2015-16 BS pl cf itr.pdf-
Auditor's Report 2016 - 2017File: DSMPPL - Auditors Report 2016-17.pdf-
Auditor's Report 2015 - 2016File: PROPERTIES Auditor's Report-2015-16.pdf-
Auditor's Report 2014 - 2015File: Auditors report - 2014-15-.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Properties ITR 2016-17 Ack.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: DSMPPL Scanned Financials FY 2015-16 BS pl cf itr.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: DSMAXPPL ITR scanned FY 2014-15.pdf-
CTC- resolution for change of authorised signatory - Sparkle Nest-
Prospectus/BrochureFile: Sparkle Nest-Brochure.pdf-
Advertisement Copy 1File: Advertisment Copy.jpg-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_180516_001707.xlsx-
Loan raised documentFile: loanDetails.xlsx-
Occupancy CertificateFile: SPARKLE NEST OC.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: BESCOM.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: SPARKLE NEST KSPCB CFO.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Sparkle nest_0001.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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 kmDS - Max Sparkle NestOther 37Dot size: filed unitsN

Filed coordinates, straight-line distance. 37 registered projects within 2 km.

Builder: Ds Max Properties Private Limited

DS Max Properties Private Limited has 39 registrations on RERA Karnataka, including DS MAX SKY SISIRA and DS MAX SKY SAMURAI. Its filings declare 31 earlier projects, 18 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 DS - Max Sparkle Nest is delayed beyond 14 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 DS - Max Sparkle Nest?

The registered promoter entity is Ds Max Properties Private Limited, a company as per the filing. Its CIN U70102KA2007PTC041508 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 DS - Max Sparkle Nest?

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 DS - Max Sparkle Nest?

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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