ReraGenieLog inGet a buyer report

Home / Browse projects / Bengaluru Urban, Karnataka / Garden Terraces

Registration approved Residential/Group Housing project

Garden Terraces

By M/s. Dhammnagi Developerss Pvt Ltd

RG-KA-90026 · RERA PRM/KA/RERA/1251/310/PR/171021/001063

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jun 2019Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 42 documents Report an error

Garden Terraces is a Residential/Group Housing project by M/s. Dhammnagi Developerss Pvt Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171021/001063 on 21 Oct 2017. Possession is promised by 30 Jun 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameGarden Terraces
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/171021/001063
  • ReraGenie IDRG-KA-90026

Builder

  • NameM/s. Dhammnagi Developerss Pvt Ltd
  • Entity typeCompany
  • CINU70102KA2007PTC042232
  • Authorized SignatoryK Purushothama Adiga
  • OthersB V Jagadish
  • Declared earlier projects1 →

Key dates

this monthRegisteredOct 2017First promiseJun 2018Revised toJun 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on21 Oct 2017
  • Promised completion30 Jun 2019
  • Revised completionRevised to 30 Jun 2019 (originally 30 Jun 2018)
  • BuildingsNot stated in filing
  • Documents filed42 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 area795 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 6.17 cr

Certifying professionals and partners2

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

RoleName
ArchitectDSK Architects
EngineerManohar Consultants

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/1251/310/PR/220623/001063Jun 2018 → Jun 2019

Reason as filed by the promoterFinancial crunch

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed42

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/171021/001063 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Company Registration Certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Arc certificate - Work completed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engg Certificate - Work completed.pdf-
CA Certificate for Funds UtilizationFile: CA certificate for fund utilized.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Arc certificate - Work pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engg Certificate - work pending.pdf-
CA Certificate for Funds required for Project CompletionFile: CA certificate for funds required.pdf-
AffidavitFile: Declaration Form B.pdf-
Latest Encumbrance Certificate-
Details Of Sold/ Un-sold UnitsFile: Sold & Unsold Units.pdf-
Document 1-
BBMP LICENCE Garden Terraces-
Approved Plan-
Approved Plan-
SALE DEED- Garden Terraces-
Agreement of Sell - GT-
Land Document-
Approved Plan-
Approved Plan-
Allotment Letter-
G T Broucher-
NOC's-
Specifications - DGT-
GT EC - 2004-2016-
Balance Sheet 2015 - 2016File: Balance Sheet 2016.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet 2015.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit_and_Loss_Account_2014.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Profit_and_Loss_Account_2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Profit_and_Loss_Account_2014.pdf-
Director's Report 2015 - 2016File: Directors Report_2016.pdf-
Director's Report 2014 - 2015File: Directors Report 2015.pdf-
Director's Report 2013 - 2014File: Directors Report 2014.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement 2016.pdf-
Cash Flow Statement 2014 - 2015File: Casflow statement 2015.pdf-
Auditor's Report 2015 - 2016File: Auditors_Report 2016.pdf-
Auditor's Report 2014 - 2015File: Auditors Report 2015.pdf-
Auditor's Report 2013 - 2014File: Auditors_Report_2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT Ackn 2016.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: IT Ackn 2015.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: IT Ackn 2014.pdf-
Declaration (2)-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Garden Terraces-OngoingAug 2017Not delivered

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 Garden Terraces on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: M/s. Dhammnagi Developerss Pvt Ltd

M/s. Dhammnagi Developerss Pvt Ltd has 1 registration on RERA Karnataka, including Garden Terraces. Its filings declare 1 earlier project, none 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 Garden Terraces is delayed beyond 30 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 Garden Terraces?

The registered promoter entity is M/s. Dhammnagi Developerss Pvt Ltd, a company as per the filing. Its CIN U70102KA2007PTC042232 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 Garden 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 Garden Terraces?

The professionals named in the filing: Architect: DSK Architects; Engineer: Manohar Consultants. 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 Garden 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.

Report an error Share feedback

Report an error or share feedback

About Garden Terraces. 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.

We read every report. We cannot promise a reply to each one.

Save Garden Terraces to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.