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Registration approved Plotted Development project

Inspira City

By Aravinda M S

RG-KA-64441 · RERA PRM/KA/RERA/1271/486/PR/190809/002769

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
Mar 2020Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 48 documents Report an error

Inspira City is a Plotted Development project by Aravinda M S in Shivamogga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1271/486/PR/190809/002769 on 9 Aug 2019. Possession is promised by 13 Mar 2020.

At a glance

Project

  • NameInspira City
  • TypePlotted Development
  • Location
    • Shivamogga
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1271/486/PR/190809/002769
  • ReraGenie IDRG-KA-64441

Builder

  • NameAravinda M S

Key dates

this monthRegisteredAug 2019PromisedMar 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on9 Aug 2019
  • Promised completion13 Mar 2020
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed48 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 area32,071 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 7.00 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed48

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/1271/486/PR/190809/002769 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Plan licence -
Final Mathod (Sy_No_94, 96, 117)-Model-
Approved layout plan-
WB-
WB-
Sale Deed-
Final Mathod (Sy_No_94, 96, 117)-Model-
Final Mathod (Sy_No_94, 96, 117)-Model-
WB-
WB-
Specification-
All EC-
Affidavit-
WB-
RTC Katha-
All Conversion-
KEB NOC-
BWSSB NOC-
Unnamed document-
Balance Sheet 2017 - 2018File: WB.pdf-
Balance Sheet 2016 - 2017File: Inspira Finacials - 1.pdf-
Balance Sheet 2015 - 2016File: WB.pdf-
Audited Profit and Loss Statement 2017 - 2018File: WB.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Inspira Finacials - 1.pdf-
Audited Profit and Loss Statement 2015 - 2016File: WB.pdf-
Director's Report 2017 - 2018File: WB.pdf-
Director's Report 2016 - 2017File: Inspira Finacials - 1.pdf-
Director's Report 2015 - 2016File: WB.pdf-
Cash Flow Statement 2017 - 2018File: WB.pdf-
Cash Flow Statement 2016 - 2017File: Inspira Finacials - 1.pdf-
Auditor's Report 2017 - 2018File: WB.pdf-
Auditor's Report 2016 - 2017File: Inspira Finacials - 1.pdf-
Auditor's Report 2015 - 2016File: WB.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 2018 to 2019.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 2017 to 2018.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 2017 to 2018.pdf-
From B-
Prospectus/BrochureFile: specification.pdf-
Advertisement Copy 1File: specification.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1271_486_PR_190809_002769.xlsx-
Final plan technical sanction LetterFile: Second Phase Final Approved Copy-compressed.pdf-
Final layout plan sanctionedFile: Second Phase Final Approved Copy-compressed.pdf-
Completion CertificateFile: 1ST PHASE RELEASE LETTER.pdf-
Site release order Copies(1st,2nd phase and final release order)File: 1ST PHASE RELEASE LETTER.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: 1st phase sale deed (1)-compressed.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: Plot no 07 Veeresh Akshatha Original Saledeed (2)-compressed.pdf-
Engineer's Certificate (Form-6)File: 1ST PHASE RELEASE LETTER.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Second Phase Final Approved Copy-compressed.pdf-

How this compares with Shivamogga

14%of Shivamogga projects moved their completion datethis one has not
0%of Shivamogga registrations are shown as withdrawn or revokedthis one is not

Computed across the 140+ Shivamogga projects on ReraGenie, from their own filings.

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Other projects near Shivamogga140+ in Shivamogga

2 kmInspira CityOther 6Dot size: filed unitsN

Filed coordinates, straight-line distance. 6 registered projects within 2 km.

Builder: Aravinda M S

Aravinda M S has 1 registration on RERA Karnataka, including Inspira City. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Shivamogga district page.

Frequently asked questions

What are my rights if Inspira City is delayed beyond 13 Mar 2020?

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 Inspira City?

The registered promoter entity is Aravinda M S. 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 Inspira 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.

What should I check before booking in Inspira 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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