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Ela City 1178
By Ela Ventures
RG-KA-53565 · RERA PRM/KA/RERA/1267/374/PR/190114/002289
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
Saved.
Ela City 1178 is a Plotted Development project by Ela Ventures in Mandya, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1267/374/PR/190114/002289 on 14 Jan 2019. Possession is promised by 31 Dec 2018.
At a glance
Project
- NameEla City 1178
- TypePlotted Development
- Location
- Shrirangapattna
- Mandya
- PincodeNot stated
- RERA no.PRM/KA/RERA/1267/374/PR/190114/002289
- ReraGenie IDRG-KA-53565
Builder
- NameEla Ventures
- Entity typePartnership Firm
- Authorized SignatoryB L CHETHAN
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on14 Jan 2019
- Promised completion31 Dec 2018
- Revised completionNone
- 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.
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.
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/1267/374/PR/190114/002289 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: Firm registration copy.pdf | - |
| 1178 Plan approval | - |
| 1178 Plan | - |
| 1178 Plan | - |
| Proforma of sale deed | - |
| Proforma of agreement for sale | - |
| Sale Deed 1178 | - |
| Allotment letter | - |
| Brochure | - |
| Project specification | - |
| 1178 EC | - |
| 1178 MR | - |
| JDA 1178 | - |
| 1178 Plan | - |
| 1178 Plan | - |
| Change in Land use | - |
| Balance Sheet 2016 - 2017File: BS 1617.pdf | - |
| Balance Sheet 2015 - 2016File: BS 1516.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: PL 1617.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: PL 1516.pdf | - |
| Director's Report 2016 - 2017File: DR.pdf | - |
| Director's Report 2015 - 2016File: DR.pdf | - |
| Director's Report 2014 - 2015File: DR.pdf | - |
| Cash Flow Statement 2016 - 2017File: CF.pdf | - |
| Cash Flow Statement 2015 - 2016File: CF.pdf | - |
| Auditor's Report 2016 - 2017File: AR.pdf | - |
| Auditor's Report 2015 - 2016File: AR.pdf | - |
| Auditor's Report 2014 - 2015File: AR.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: IT 1617.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IT 1516.pdf | - |
| Form B | - |
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Computed across the 81 Mandya projects on ReraGenie, from their own filings.
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Builder: Ela Ventures
Ela Ventures has 1 registration on RERA Karnataka, including Ela City 1178. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mandya district page.
Frequently asked questions
What are my rights if Ela City 1178 is delayed beyond 31 Dec 2018?
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 Ela City 1178?
The registered promoter entity is Ela Ventures, 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 Ela City 1178?
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 Ela City 1178?
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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