Home / Browse projects / Bengaluru Urban, Karnataka / ELEGANT TERRACES
ELEGANT TERRACES
By ELEGANT BUILDERS AND DEVELOPERS
RG-KA-52776 · RERA PRM/KA/RERA/1251/310/PR/200515/003390 · Last updated on RERA Karnataka portal: 3 Mar 2020
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
Saved.
ELEGANT TERRACES is a Residential/Group Housing project by ELEGANT BUILDERS AND DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/200515/003390 on 15 May 2020. Possession is promised by 29 Sep 2024. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NameELEGANT TERRACES
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/310/PR/200515/003390
- ReraGenie IDRG-KA-52776
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 May 2020
- Promised completion29 Sep 2024
- Revised completionRevised to 29 Sep 2024 (originally 29 Dec 2023)
- Buildings3 building records
- Documents filed55 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Acacia | - | - | - | 40 | 0 | 40 |
| Banyan | - | - | - | 40 | 0 | 40 |
| Cypress | - | - | - | 40 | 0 | 40 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 3 Mar 2020, 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 | - |
| Retaining wall (All types) | - |
| Plinth level Beam | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| 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 work | Not 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
As on 3 Mar 2020, 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 | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | Yes | - |
| Community Hall | Yes | - |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SPACIO ARCHITECTS |
| Engineer | SPACIO ARCHITECTS |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed55
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/1251/310/PR/200515/003390 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Development DetailsFile: Elegant Terraces Enquiry March 3.pdf | 3 Mar 2020 |
| Enquriy Feb 7File: Terraces Enq Feb 7 All Merged.pdf | 7 Feb 2020 |
| Terraces Enq Jan 30File: Terraces Enq Final.pdf | 4 Feb 2020 |
| Elegant Terraces EnquiryFile: Elegant Terraces Enquiry Final Submission_compressed.pdf | 25 Jan 2020 |
| CertificateFile: Deed of partnership_1.pdf | - |
| COMMENCEMENT CIRTIFICATE | - |
| HPSC0929_compressed | - |
| HPSC0929_compressed | - |
| Proforma of sale deed | - |
| Agreement for sale | - |
| Sale deeds | - |
| HPSC0929_compressed | - |
| HPSC0929_compressed | - |
| Lisence copy | - |
| BROCHURES | - |
| specifications (1) | - |
| EC | - |
| AFFIDAVIT_compressed (1) | - |
| Katha | - |
| INSIGHT | - |
| Fire NOC | - |
| Airport NOC | - |
| BESCOM NOC | - |
| INSIGHT | - |
| SEIAA NOC | - |
| BSNL NOC | - |
| HPSC0929_compressed | - |
| HPSC0929_compressed | - |
| HPSC0929_compressed | - |
| converson copy | - |
| Balance Sheet 2018 - 2019File: balance sheet 2017.pdf | - |
| Balance Sheet 2017 - 2018File: balance sheet 2016.pdf | - |
| Balance Sheet 2016 - 2017File: balance sheet 2015.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: P&L 2017.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: P&L 2016.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: P&L 2015.pdf | - |
| Director's Report 2018 - 2019File: INSIGHT.jpg | - |
| Director's Report 2017 - 2018File: INSIGHT.jpg | - |
| Director's Report 2016 - 2017File: INSIGHT.jpg | - |
| Cash Flow Statement 2018 - 2019File: INSIGHT.jpg | - |
| Cash Flow Statement 2017 - 2018File: INSIGHT.jpg | - |
| Auditor's Report 2018 - 2019File: INSIGHT.jpg | - |
| Auditor's Report 2017 - 2018File: INSIGHT.jpg | - |
| Auditor's Report 2016 - 2017File: INSIGHT.jpg | - |
| Income Tax Return Acknowledgement 2018 - 2019File: IT returns acknowledgement 2017.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: IT returns acknowledgement 2016.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: IT returns acknowledgement 2015.pdf | - |
| FORM B_compressed | - |
| Prospectus/BrochureFile: Brochure & Adv Uploaded.pdf | - |
| Advertisement Copy 1File: Brochure & Adv Uploaded.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_200515_003390.xlsx | - |
| Occupancy CertificateFile: Terraces - OC.pdf | - |
| Completion certificate issued by the competent authorityFile: Terraces - OC.pdf | - |
| Registered Agreement of SaleFile: 702 Cypress Sale Deed.pdf | - |
| Registered conveyance deed for an individual unitFile: 702 Cypress Sale Deed.pdf | - |
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Builder: ELEGANT BUILDERS AND DEVELOPERS
ELEGANT BUILDERS AND DEVELOPERS has 8 registrations on RERA Karnataka, including ELEGANT AURA and ELEGANT EXOTICA. Its filings declare 7 earlier projects, 2 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 ELEGANT TERRACES is delayed beyond 29 Sep 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 ELEGANT TERRACES?
The registered promoter entity is ELEGANT BUILDERS AND DEVELOPERS, 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 ELEGANT TERRACES?
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 ELEGANT TERRACES?
The professionals named in the filing: Architect: SPACIO ARCHITECTS; Engineer: SPACIO ARCHITECTS. 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 ELEGANT TERRACES?
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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