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Registration approved Plotted Development project

Earth & Essence - Plotted Development

By Assetz Premium Holdings Private Limited

RG-KA-12343 · RERA PRM/KA/RERA/1251/309/PR/200811/003538 · Last updated on RERA Karnataka portal: 28 Jul 2020

Source: official RERA Karnataka filing

Red flags

  • 4 complaints at RERA Karnataka
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Jul 2023Possession promisedmoved 12 months from the original
4Complaints at RERA Karnatakaon this registration
Jump to the 52 documents Report an error

Earth & Essence - Plotted Development is a Plotted Development project by Assetz Premium Holdings Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/200811/003538 on 11 Aug 2020. Possession is promised by 31 Jul 2023. The completion date has moved by 12 months from the original filing. 4 complaints are on record with the regulator.

At a glance

Project

  • NameEarth & Essence - Plotted Development
  • TypePlotted Development
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/200811/003538
  • ReraGenie IDRG-KA-12343

Builder

  • NameAssetz Premium Holdings Private Limited
  • Entity typeCompany
  • CINU45205KA2015PTC079422
  • Authorized SignatorySomasundaram Thiruppathi
  • Other registrations3 more →

Key dates

this monthRegisteredAug 2020First promiseJul 2022Revised toJul 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on11 Aug 2020
  • Promised completion31 Jul 2023
  • Revised completionRevised to 31 Jul 2023 (originally 31 Jul 2022)
  • BuildingsNot stated in filing
  • Documents filed52 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 area38,002 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 33.85 cr

Certifying professionals and partners2

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

RoleName
ArchitectDesign Desk
EngineerManohar. N

Extensions applied for1

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

EX/PRM/KA/RERA/1251/309/PR/221206/003538Jul 2022 → Jul 2023

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka4

Case no.ComplainantRespondentFiled
01683/2023-Assetz Premium Holdings Private Limited09/11/2023
01686/2023-Assetz Premium Holdings Private Limited09/11/2023
01691/2023-Assetz Premium Holdings Private Limited10/11/2023
00838/2026-Assetz Premium Holdings Private Limited22/07/2026

Documents filed52

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/1251/309/PR/200811/003538 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Covering LetterFile: Annexure-1 Covering Letter.pdf28 Jul 2020
Project Head DetailsFile: Annexure -3 Project Head Details.pdf28 Jul 2020
CertificateFile: Annexure - 7 COI.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Annexure 5-Engineer certificate for work Completed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Annexure 5-Engineer certificate for work Completed.pdf-
CA Certificate for Funds UtilizationFile: Annexure 1-Fund Utilization Certificate.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Annexure 4-Certificate for work pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Annexure 6-Engineer certificate for work Pending.pdf-
CA Certificate for Funds required for Project CompletionFile: Annexure 2-Funds Required Certificate.pdf-
AffidavitFile: Annexure 7-Affidavit.pdf-
Latest Encumbrance CertificateFile: Annexure-9 - Latest EC.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Form-B.pdf-
Annexure - 10a - Commencement Certificate-
Annexure - 10b - Layout Plan-
Annexure-15 - Proforma for Sale Deed-
Annexure -11 Proforma of Agreement for Sale-
Annexure -12 Sale deed & RTC-
Annexure-13 - Proforma of Allotment Letter-
Annexure - 14 E-brochure - Earth & Essence - Plotted-
Annexure 16 - Project Specifications-
Annexure-9 - Final_3650EC-
Annexure H -Violation Affidavit-
Annexure 17- Khata-
Annexure-20 Conversion Certificate-
Unnamed document-
Annexure 18-Search Report-
Balance Sheet 2017 - 2018File: Annexure - 1c-BS 18-19.pdf-
Balance Sheet 2016 - 2017File: Annexure - 1b -BS 17-18.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Annexure - 2c P&L18-19.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Annexure - 2b P&L 17-18.pdf-
Director's Report 2017 - 2018File: Annexure - 3c DR 18-19.pdf-
Director's Report 2016 - 2017File: Annexure - 3b DR 17-18.pdf-
Cash Flow Statement 2017 - 2018File: Annexure - 4c CF 18-19.pdf-
Auditor's Report 2017 - 2018File: Annexure - 5c AR 18-19.pdf-
Auditor's Report 2016 - 2017File: Annexure - 5b AR 17-18.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Annexure - 6c ITR 19-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Annexure - 6b ITR 17-18.pdf-
Annexure D-Form B-
Prospectus/BrochureFile: EE E-Brochure.pdf-
Advertisement Copy 1File: Advertisement.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1251_309_PR_200811_003538.xlsx-
Loan raised documentFile: Loan details.pdf-
Changed inventory Details copyFile: Sanction Drawing.pdf-
Final plan technical sanction LetterFile: RELEASE LETTER.pdf-
Final layout plan sanctionedFile: Sanction Drawing.pdf-
Completion CertificateFile: Release Order.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed.pdf-
Chartered Accountant Certificate (Form-4)File: CA Certificate.pdf-
Architect's Certificate (Form-5)File: Architect certificate.pdf-
Engineer's Certificate (Form-6)File: Engineer Certificate.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 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.

Keep Earth & Essence - Plotted Development on your shortlist

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmEarth & Essence - PlotteOther 11Dot size: filed unitsN

Filed coordinates, straight-line distance. 11 registered projects within 2 km.

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 - Plotted Development is delayed beyond 31 Jul 2023?

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 - Plotted Development?

The registered promoter entity is Assetz Premium Holdings Private Limited, a company as per the filing. Its CIN U45205KA2015PTC079422 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 - Plotted Development?

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.

How do I read the complaint cases filed against Earth & Essence - Plotted Development?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at Earth & Essence - Plotted Development?

The professionals named in the filing: Architect: Design Desk; Engineer: Manohar. N. 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 - Plotted Development?

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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About Earth & Essence - Plotted Development. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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