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Golden Palms
By Rai Estates
RG-KA-63817 · RERA PRM/KA/RERA/1268/378/PR/070222/004673 · Last updated on RERA Karnataka portal: 2 Feb 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.
Golden Palms is a Plotted Development project by Rai Estates in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/070222/004673 on 7 Feb 2022. Possession is promised by 31 Dec 2023.
At a glance
Project
- NameGolden Palms
- TypePlotted Development
- Location
- MYSORE
- PincodeNot stated
- RERA no.PRM/KA/RERA/1268/378/PR/070222/004673
- ReraGenie IDRG-KA-63817
Builder
- NameRai Estates
- Entity typePartnership Firm
- Authorized SignatoryK Subrahmanya Rai
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on7 Feb 2022
- Promised completion31 Dec 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed75 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership3
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 |
|---|---|---|
| H N Shivananjaiah | - | - |
| H N Shivananjaiah | - | - |
| H N Shivananjaiah | - | - |
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 4.25 cr | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | N Sridhara |
| Chartered Accountant | Surendra Hegde |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed75
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/1268/378/PR/070222/004673 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| NOC WaterFile: NOC-Water.pdf | 2 Feb 2022 |
| NOC Power SupplyFile: NOC-MESCOM.pdf | 2 Feb 2022 |
| Proforma AOSFile: Proforma Agreement of Sale.pdf | 2 Feb 2022 |
| RTC, survey 81 | - |
| Mutation, survey 81 | - |
| Encumbrance Certificate, survey 81 | - |
| Conversion/Alienation Order, survey 81 | - |
| Sale/Title/Gift Deed, survey 81 | - |
| Khatha, survey 81 | - |
| RTC, survey 82 | - |
| Mutation, survey 82 | - |
| Encumbrance Certificate, survey 82 | - |
| Conversion/Alienation Order, survey 82 | - |
| Sale/Title/Gift Deed, survey 82 | - |
| Khatha, survey 82 | - |
| Registration CertificateFile: Registratin Certificate.pdf | - |
| Partnership DeedFile: Partnership Deed Golden Palms.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form 1.pdf | - |
| Certificate issued by Engineer Form 3File: Engineers Certificate.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Affidavit Golden Palms Revised.pdf | - |
| Certificate from Chartered AccountFile: Form 1.pdf | - |
| Certificate issued by ArchitectFile: Architects Certificate.pdf | - |
| Golden Palms Plan Approval Letter | - |
| Electricity Completion Report | - |
| Water Board NOC | - |
| Golden Layou Plan | - |
| Golden Layou Plan | - |
| Golden Layou Plan | - |
| Project Specification | - |
| Project Specification | - |
| Golden Layou Plan | - |
| Golden Layou Plan | - |
| GPA-Golden Palms | - |
| Agreement for sale | - |
| Golden Palms Allotment Letter | - |
| Golden Palms Sale Deed Draft | - |
| Form B Affidavit | - |
| Section 3(1) Affidavit | - |
| Electricity Completion Report | - |
| Water Board NOC | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Golden Palms Reliquesment Deed | - |
| Guidance Value | - |
| Clarification Sold and Unsold | - |
| Clarification STP | - |
| Clarification Non Production of Brochure | - |
| GPA-Golden Palms | - |
| Plot Excel SheetFile: Golden Palms.xlsx | - |
| Final plan technical sanction LetterFile: Golden Palms MUDA Approved Letter.pdf | - |
| Completion CertificateFile: GOLDEN PALMS WORK COMPLETION.pdf | - |
| Relinquishment deed executed handed over detailsFile: GOLDEN PALMS DEED OF RELINQUISHMENT.pdf | - |
| Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: GOLDEN PALMS WATER & UGD NOC.pdf | - |
| Certificate issued by the Karnataka Urban Water supplyFile: GOLDEN PALMS CESOM NOC.pdf | - |
| Chartered Accountant Certificate (Form-4)File: GOLDEN PALMS -CA-COMPLETION CERTIFICATE.pdf | - |
| Architect's Certificate (Form-5)File: Golden Palms-Architect Closure Certificate Form 5.pdf | - |
| Engineer's Certificate (Form-6)File: GOLDEN PALMS - ENGINEERS CERTIFICATE -CLOSURE.pdf | - |
| Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Closure Affidavit Golden Palm.pdf | - |
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Builder: Rai Estates
Rai Estates has 2 registrations on RERA Karnataka, including Golden Palms and King City. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mysore district page.
Frequently asked questions
What are my rights if Golden Palms is delayed beyond 31 Dec 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 Golden Palms?
The registered promoter entity is Rai Estates, 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 Golden Palms?
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 Golden Palms?
The professionals named in the filing: Engineer: N Sridhara; Chartered Accountant: Surendra Hegde. 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 Golden Palms?
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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