Home / Browse projects / Bengaluru Urban, Karnataka / Earth & Essence - Phase 1B
Earth & Essence - Phase 1B
By Assetz Premium Holdings Private Limited
RG-KA-51452 · RERA PRM/KA/RERA/1251/309/PR/070522/004860 · Last updated on RERA Karnataka portal: 17 Mar 2022
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.
Earth & Essence - Phase 1B is a Residential/Group Housing project by Assetz Premium Holdings Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/070522/004860 on 7 May 2022. Possession is promised by 31 Dec 2024.
At a glance
Project
- NameEarth & Essence - Phase 1B
- TypeResidential/Group Housing
- Location
- Bengaluru North
- Bengaluru Urban
- 562157
- Pincode562157
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/309/PR/070522/004860
- ReraGenie IDRG-KA-51452
Builder
- NameAssetz Premium Holdings Private Limited
- Entity typeCompany
- CINU45205KA2015PTC079422
- GSTIN29AANCA3473H1ZC
- Authorized SignatorySomasundaram Thiruppathi
- CeoAkshay Kishore Dewani
- DirectorsSomasundaram Thiruppathi, Ben Cameron Melville, AJETHA BILAGALI SRINIVASA
- Project HeadAkshay Kishore Dewani
- Other registrations3 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on7 May 2022
- Promised completion31 Dec 2024
- Revised completionNone
- Buildings3 building records
- Documents filed100 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building 1 | - | - | - | 5 | 0 | 5 |
| Building 2 | - | - | - | 9 | 0 | 9 |
| Building 4 | - | - | - | 8 | 0 | 8 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 17 Mar 2022, the date of the latest filing. 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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | Not applicable |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| 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 | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | - |
Progress on shared amenities40
As on 17 Mar 2022, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | - |
| Solid waste management and disposal | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | Yes | - |
| Community Hall | Yes | - |
| Outdoor Sports facility | Yes | - |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | No | Not applicable |
| Corridor/Lobbies | No | Not applicable |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | No | Not applicable |
| Outer Wall | No | Not applicable |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
| Common storage spaces | Yes | - |
Land and ownership4
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 |
|---|---|---|
| Assetz Premium Holdings Pvt.Ltd | - | - |
| Sammys Dreamland Company Pvt Ltd | - | - |
| Assetz Premium Holdings Pvt.Ltd | - | - |
| Sammys Dreamland Company Pvt Ltd | - | - |
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 30.81 cr | - |
| Principal sum and interest payable to financial institutions-Scheduled Banks | Rs 10.27 cr | - |
| Approval Cost | Rs 2.11 cr | - |
| On-site expenditure-Site Overhead | Rs 1.91 cr | - |
| On-site expenditure-Consultants Fees | Rs 1.11 cr | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Architecture Red |
| Engineer | Rajesh S Shirakol |
| Chartered Accountant | Y S Shetty & Company |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed100
As listed on the registration, under the names the promoter filed them with; the newest 80 of 100 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/070522/004860 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Covering LetterFile: Covering Letter.pdf | 17 Mar 2022 |
| Bank Confirmation Regarding Bank AccountFile: Annexure 1-Bank Confimation Regarding Bank Account.pdf | 17 Mar 2022 |
| Affidavit for BESCOM and Water NOcsFile: Annexure 2-Affidavit for BESCOM and Water NOcs.pdf | 17 Mar 2022 |
| Covering LetterFile: Covering Letter.pdf | 23 Feb 2022 |
| Sale Deed Asha Pardeshi to Suresh NanwaniFile: Annexure 2- Sale Deed Asha Pardeshi to Suresh Nanwani.pdf | 23 Feb 2022 |
| Extract of entry IHC No 121997-98File: Annexure 3-Extract of entry IHC No 121997-98.pdf | 23 Feb 2022 |
| Sale deed Narayanswami & otherFile: Annexure 4-sale deed Narayanswami.pdf | 23 Feb 2022 |
| Updated ECFile: Annexure 5-Updated EC.pdf | 23 Feb 2022 |
| Clarification Regarding BESCOM NOCFile: Annexure 6-Clarification Regarding BESCOM NOC.pdf | 23 Feb 2022 |
| Clarification Regarding BWSSBFile: Annexure 7-Clarification Regarding Water NOC.pdf | 23 Feb 2022 |
| Covering LetterFile: Covering Letter.pdf | 9 Feb 2022 |
| Clarification Regarding Land AreaFile: Annexure 1-Clarification Regarding Land Area.pdf | 9 Feb 2022 |
| CA CertificateFile: Annexure 2 -CA Certificate.pdf | 9 Feb 2022 |
| UDIN Mentioned Financial 19-20File: Annexure 3 -UDIN Mentioned Financial 19-20.pdf | 9 Feb 2022 |
| Financial 2020-21File: Annexure 4-Financial 2020-21.pdf | 9 Feb 2022 |
| Bank Statement and ClarificationFile: Annexure 6-Bank Account as Direction.pdf | 9 Feb 2022 |
| Sale Deed Asha PardeshiFile: Annexure 7-Sale Deed Asha Pardeshi.pdf | 9 Feb 2022 |
| Sale deed Asha pardeshi to Suresh NanwaniFile: Annexure 8-Sale deed Asha pardeshi to Suresh Nanwani.pdf | 9 Feb 2022 |
| Extract of entry IHC No 121997-98-NarayanaswamyFile: Annexure 9- Extract of entry IHC No 121997-98.pdf | 9 Feb 2022 |
| Sale deed -Narayanaswamy to sammyFile: Annexure 10 -Sale Deed Narayanaswamy.pdf | 9 Feb 2022 |
| Non-Litigation AffidavitFile: Annexure 11-Non-Litigation Affidavit.pdf | 9 Feb 2022 |
| ECFile: Annexure 12-EC.pdf | 9 Feb 2022 |
| Engineer CertificateFile: Annexure 13-Engineer Certificate.pdf | 9 Feb 2022 |
| Architect CertificateFile: Annexure 14-Architect Certificate.pdf | 9 Feb 2022 |
| BESCOM NOC ClarificationFile: Annexure 15-Clarification regarding BESCOM NOC.pdf | 9 Feb 2022 |
| Gram Panchayath Letter ClarificationFile: Annexure 16-Clarification Regarding Letter.pdf | 9 Feb 2022 |
| AOS Accorded with notified AOSFile: Annexure 17-AOS Accorded with notified AOS.pdf | 9 Feb 2022 |
| Provision for STPFile: Annexure 18-Provision for STP.pdf | 9 Feb 2022 |
| RTC, survey 8/1 | - |
| Mutation, survey 8/1 | - |
| Encumbrance Certificate, survey 8/1 | - |
| Conversion/Alienation Order, survey 8/1 | - |
| Sale/Title/Gift Deed, survey 8/1 | - |
| Khatha, survey 8/1 | - |
| RTC, survey 16/2 | - |
| Mutation, survey 16/2 | - |
| Encumbrance Certificate, survey 16/2 | - |
| Conversion/Alienation Order, survey 16/2 | - |
| Sale/Title/Gift Deed, survey 16/2 | - |
| Khatha, survey 16/2 | - |
| Registration CertificateFile: Annexure 1 - COI.pdf | - |
| Organization StructureFile: Annexure 11-Org Structure.pdf | - |
| Certificate issued by CA Form 1File: Annexure 2 -CA Certificate.pdf | - |
| Certificate issued by Architect Form 2File: Annexure 14-Architect Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Annexure 13-Engineer Certificate.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: Annexure 90- Affidavit.pdf | - |
| Certificate from Chartered Account | - |
| Balance Sheet 2020 - 2021File: Not yet Audited.pdf | - |
| Balance Sheet 2019 - 2020File: Annexure 60b-BS 19-20.pdf | - |
| Balance Sheet 2018 - 2019File: Annexure 60a-BS 18-19.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Not yet Audited.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: Annexure 61b- P&L 19-20.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Annexure 61a-P&L 18-19.pdf | - |
| Director's Report 2020 - 2021File: Not yet Audited.pdf | - |
| Director's Report 2019 - 2020File: Annexure 62b-DR 19-20.pdf | - |
| Director's Report 2018 - 2019File: Annexure 62a DR 18-19.pdf | - |
| Cash Flow Statement 2020 - 2021File: Not yet Audited.pdf | - |
| Cash Flow Statement 2019 - 2020File: Annexure 63b-CF 19-20.pdf | - |
| Auditor's Report 2020 - 2021File: Not yet Audited.pdf | - |
| Auditor's Report 2019 - 2020File: Annexure 64b-AR-19-20.pdf | - |
| Auditor's Report 2018 - 2019File: Annexure 64a-AR 18-19.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: Not yet Audited.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: Annexure 65b-ITR 19-20.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: Annexure 65a-ITR 18-19.pdf | - |
| Annexure 67-Approval Order | - |
| Annexure 68 - Electricity Permission | - |
| Annexure 69 - Water Permision | - |
| Annexure 71-Approved Building Plan | - |
| Annexure 74-Sectional Drawings | - |
| Annexure 75 - Project Specifications | - |
| Annexure 76-Approved Section of Building (2) | - |
| Annexure 77 - Area Development Plan | - |
| Annexure 79 - Advocate Search Report | - |
| Annexure 84 - Conversion order | - |
| Annexure 86 - Agreement to sale | - |
| Annexure 87 - Allotment letter draft - E&E phase 1B | - |
| Annexure 88 - Sale deed draft | - |
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Builder: Assetz Premium Holdings Private Limited
Assetz Premium Holdings Private Limited has 4 registrations on RERA Karnataka, including Earth & Essence - Phase 1B and Earth & Essence - Phase 1A. 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 Earth & Essence - Phase 1B 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 Earth & Essence - Phase 1B?
The registered promoter entity is Assetz Premium Holdings Private Limited, a company as per the filing. Its CIN U45205KA2015PTC079422 and GSTIN 29AANCA3473H1ZC 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 Earth & Essence - Phase 1B?
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 Earth & Essence - Phase 1B?
The professionals named in the filing: Architect: Architecture Red; Engineer: Rajesh S Shirakol; Chartered Accountant: Y S Shetty & Company. 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 Earth & Essence - Phase 1B?
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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