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INDIO CLASSIC
By Indio developers private limited
RG-KA-16011 · RERA PRM/KA/RERA/1251/446/PR/180420/001514
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.
INDIO CLASSIC is a Residential/Group Housing project by Indio developers private limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180420/001514 on 20 Apr 2018. Possession is promised by 31 Dec 2019.
At a glance
Project
- NameINDIO CLASSIC
- TypeResidential/Group Housing
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/446/PR/180420/001514
- ReraGenie IDRG-KA-16011
Builder
- NameIndio developers private limited
- Entity typeCompany
- Authorized SignatoryBalaji Naidu Velakaturi
- DirectorSadhneni Ajitha Kumari
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on20 Apr 2018
- Promised completion31 Dec 2019
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed38 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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Gayathri |
| Engineer | Prasanna |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed38
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/1251/446/PR/180420/001514 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: COI.pdf | - |
| CC to be received | - |
| IC Modified Plan | - |
| Hudi CDP - 03-Aug-2017 - 5-06 PM | - |
| IC-FlatNo-SaleDeed-CustName_Proforma copy | - |
| IC-FlatNo-SaleAgre-CustName_Proforma | - |
| IC - Land Sale deed - 30-Dec-2017 - 2-11 PM | - |
| IC Modified Plan | - |
| Hudi CDP - 03-Aug-2017 - 5-06 PM | - |
| IC-Flat Allotment_Proforma | - |
| FUNITURE LAYOUT | - |
| CC to be received | - |
| FUNITURE LAYOUT | - |
| IC-Encomberence Certificate - 30-Dec-2017 - 1-58 PM | - |
| Hudi katha - 24-Mar-2017 - 5-28 AM | - |
| IO-Hudi-JDA-JOINT DEVELOPMENT AGREEMENT | - |
| IndioClassic ConversionCopy - 22-Feb-2018 - 8-32 AM | - |
| Hudi CDP - 03-Aug-2017 - 5-06 PM | - |
| IC-Approved Plan | - |
| Hudi CDP - 03-Aug-2017 - 5-06 PM | - |
| Balance Sheet 2016 - 2017File: BalanceSheet Indio 2016-17.pdf | - |
| Balance Sheet 2015 - 2016File: BalanceSheet Indio 2015-16.pdf | - |
| Balance Sheet 2014 - 2015File: BalanceSheet Indio 2014-15.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: P&L Statement 2016-17.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: P&L Statement 2015-16.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: P&L Statement 2014-15.pdf | - |
| Director's Report 2016 - 2017File: DirectorsReport-2016-17.pdf | - |
| Director's Report 2015 - 2016File: DirectorsReport-2015-16.pdf | - |
| Director's Report 2014 - 2015File: DirectorsReport-2014-15.pdf | - |
| Cash Flow Statement 2016 - 2017File: Cash Flow-Indio-2016-17.pdf | - |
| Cash Flow Statement 2015 - 2016File: Cash Flow-Indio-2015-16.pdf | - |
| Auditor's Report 2016 - 2017File: Audit Report-Indio-2016-17.pdf | - |
| Auditor's Report 2015 - 2016File: Audit Report-Indio-2015-16.pdf | - |
| Auditor's Report 2014 - 2015File: Audit Report-Indio-2014-15.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: IT Returns Indio 2016-17.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IT Returns-Indio-2015-16.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: IT Returns-Indio-2014-15.pdf | - |
| declaration-supported-by-an-affidavit-1 | - |
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Builder: Indio developers private limited
Indio developers private limited has 1 registration on RERA Karnataka, including INDIO CLASSIC. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if INDIO CLASSIC is delayed beyond 31 Dec 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 INDIO CLASSIC?
The registered promoter entity is Indio developers private limited, a company 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 INDIO CLASSIC?
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 INDIO CLASSIC?
The professionals named in the filing: Architect: Gayathri; Engineer: Prasanna. 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 INDIO CLASSIC?
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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