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Registration approved Residential/Group Housing project

HM Indigo 4.0(Peach-Phase II of HM World City)

By Global Associates

RG-KA-54043 · RERA PRM/KA/RERA/1251/310/PR/180208/001329

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka

Clear

  • Completion date never moved
  • Separate project account declared
Apr 2018Possession promisedno revision filed
1Complaints at RERA Karnatakaon this registration
Jump to the 40 documents Report an error

HM Indigo 4.0(Peach-Phase II of HM World City) is a Residential/Group Housing project by Global Associates in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180208/001329 on 8 Feb 2018. Possession is promised by 30 Apr 2018. 1 complaint is on record with the regulator.

At a glance

Project

  • NameHM Indigo 4.0(Peach-Phase II of HM World City)
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/180208/001329
  • ReraGenie IDRG-KA-54043

Builder

  • NameGlobal Associates
  • Entity typeOther
  • Authorized SignatoryMr.H.J.Siwani/Mr.M.J.Siwani
  • OthersMr.H.J.Siwani/Mr.M.J.Siwani/Dr.P.Dayanand Pai
  • Other registrations1 more →
  • Declared earlier projects4 →

Key dates

this monthRegisteredFeb 2018PromisedApr 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Feb 2018
  • Promised completion30 Apr 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed40 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 area3,726 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 41.41 cr

Certifying professionals and partners2

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

RoleName
ArchitectShop Design
EngineerDhruvaraj Iyengar

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
00772/2024-Global Associates21/08/2024

Documents filed40

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/180208/001329 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Venture Agreement_.pdf-
Commence Certificates-
10_Building Plan-
Approved & Modified Plan _HM Indigo4_0(Peach - Phase II HM World City)-
20_ Performa for Sale Deed_HM Indigo4_0 (Peach- Phase II HM Worldcity)-
12_ Proforma of Agreement for sale_ATS_HM Indigo4_0 (Peach- Phase II HM Worldcity)-
sale deed-
14_ Approved Section Plan-
15_Area Development Plan-
16_ Application_for Allotment HM Indigo4_0 (Peach - Phase II HM World City) -
17_HM Indigo Brochure-
18_ NOC from all Authorities-
22_ Project Specification of HM Indigo4_0 (Peach - Phase II HM World City)-
8_ Encumbrance Certificate-
Khatha & Conversion order-
Venture Agreement_-
Work Order_HM Indigo 4_0 (Peach - Phase II of HM World City)-
Conversion Order -
Balance Sheet 2015 - 2016File: 1_ Balance Sheet 2016.pdf-
Balance Sheet 2014 - 2015File: 1_ Balance Sheet 2015.pdf-
Balance Sheet 2013 - 2014File: 1_ Balance Sheet 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2_ Audited Profit Loss Statement 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2_ Audited Profit Loss Statement 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: 2_ Audited Profit Loss Statement 2014.pdf-
Director's Report 2015 - 2016File: 3_Directors Report 2016.pdf-
Director's Report 2014 - 2015File: 3_Directors Report 2015.pdf-
Director's Report 2013 - 2014File: 3_Directors Report 2014.pdf-
Cash Flow Statement 2015 - 2016File: 4_ Cash Flow Statement 2016.pdf-
Cash Flow Statement 2014 - 2015File: 4_ Cash Flow Statement 2015.pdf-
Auditor's Report 2015 - 2016File: 5_ Auditor Report 2016-17.pdf-
Auditor's Report 2014 - 2015File: 5_ Auditor Report 2015-16.pdf-
Auditor's Report 2013 - 2014File: 5_ Auditor Report 2014-15.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 6_ Income Tax Return Acknowledgement 2016.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 6_ Income Tax Return Acknowledgement 2015.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 6_ Income Tax Return Acknowledgement 2014.pdf-
19_Declaration Form _HM Indigo4_0(Peach- Phase II HM World City)-
Occupancy CertificateFile: Occupancy Certificate_HM Indigo4 0(Peach)- Phase II HM World City.pdf-
Completion certificateFile: Completion Certificate_HM Indigo4 0(Peach)- Phase II HM World City.pdf-
Registered Agreement of SaleFile: Registered Agreement of Sale_HM Indigo4 0(Peach)- Phase II HM World City.pdf-
Registered conveyance deed for an individual unitFile: Registered Conveyance Deed _HM Indigo4 0(Peach- Phase II HM World City.pdf-

Promoter's earlier projects2

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.

2 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
HM Indigo(Phase II of HM World City)-CompletedAug 2017No date filed
HM Indigo 2.0(Olive - Phase II of HM World City)-CompletedAug 2017No date filed

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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 HM Indigo 4.0(Peach-Phase II of HM World Cit on your shortlist

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: Global Associates

Global Associates has 2 registrations on RERA Karnataka, including HM Indigo 4.0(Peach-Phase II of HM World City) and HM Indigo 3.0(Lavender-Phase II of HM World City). Its filings declare 4 earlier projects, 4 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 HM Indigo 4.0(Peach-Phase II of HM World City) is delayed beyond 30 Apr 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 HM Indigo 4.0(Peach-Phase II of HM World City)?

The registered promoter entity is Global Associates. 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 HM Indigo 4.0(Peach-Phase II of HM World City)?

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 HM Indigo 4.0(Peach-Phase II of HM World City)?

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 HM Indigo 4.0(Peach-Phase II of HM World City)?

The professionals named in the filing: Architect: Shop Design; Engineer: Dhruvaraj Iyengar. 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 HM Indigo 4.0(Peach-Phase II of HM World City)?

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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