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Registration approved Residential/Group Housing project

Jains Aashraya

By Jain Housing & Construction Ltd.

RG-KA-10898 · RERA PRM/KA/RERA/1251/310/PR/180507/001672 · Last updated on RERA Karnataka portal: 16 Jan 2021

Source: official RERA Karnataka filing

Red flags

  • 14 complaints at RERA Karnataka
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Jan 2021Possession promisedmoved 12 months from the original
14Complaints at RERA Karnatakaon this registration
Jump to the 62 documents Report an error

Jains Aashraya is a Residential/Group Housing project by Jain Housing & Construction Ltd. in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180507/001672 on 7 May 2018. Possession is promised by 20 Jan 2021. The completion date has moved by 12 months from the original filing. 14 complaints are on record with the regulator.

At a glance

Project

  • NameJains Aashraya
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/310/PR/180507/001672
  • ReraGenie IDRG-KA-10898

Builder

  • NameJain Housing & Construction Ltd.
  • Entity typeCompany
  • Authorized SignatorySachin Mehta

Key dates

this monthRegisteredMay 2018First promiseJan 2020Revised toJan 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 May 2018
  • Promised completion20 Jan 2021
  • Revised completionRevised to 20 Jan 2021 (originally 20 Jan 2020)
  • Buildings1 building record
  • Documents filed62 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block A---1420142

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 16 Jan 2021, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 16 Jan 2021, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolNoNot applicable
GymYes-
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area5,134 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 44.00 cr

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/220712/001672Jan 2020 → Jan 2021

Reason as filed by the promoterShortage of Labour

Complaints filed with RERA Karnataka14

Case no.ComplainantRespondentFiled
CMP/210210/0007605-Jain Housing & Construction Ltd.10/02/2021
CMP/210801/0008194-Jain Housing & Construction Ltd.01/08/2021
CMP/210825/0008272-Jain Housing & Construction Ltd.25/08/2021
CMP/211109/0008530-Jain Housing & Construction Ltd.09/11/2021
CMP/220629/0009703-Jain Housing & Construction Ltd.29/06/2022
CMP/221115/0010334-Jain Housing & Construction Ltd.15/11/2022
CMP/221115/0010337-Jain Housing & Construction Ltd.15/11/2022
00741/2023-Jain Housing & Construction Ltd.16/05/2023
00715/2026-Jain Housing & Construction Ltd.22/06/2026
00734/2026-Jain Housing & Construction Ltd.24/06/2026
00735/2026-Jain Housing & Construction Ltd.24/06/2026
00958/2026-Jain Housing & Construction Ltd.05/08/2026
01125/2026-Jain Housing & Construction Ltd.15/09/2026
01185/2026-Jain Housing & Construction Ltd.03/10/2026

Documents filed62

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/180507/001672 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
affidavitFile: affidavit (1).pdf16 Jan 2021
Affidavid-Notarized in stamp paperFile: affidavit.pdf26 Nov 2020
Declaration on non-judicial paperFile: form-b.pdf26 Nov 2020
CA Certificate for Funds RequiredFile: CA Certificate for Funds Required - Aashraya - 2020.pdf7 Nov 2020
Aashrya - Bank StatmentFile: Aashrya - Bank Statment.pdf7 Nov 2020
Affidavid-NotarizedFile: Affidavid-Notarized.pdf7 Nov 2020
Form B-NotarizedFile: Form B-Notarized.pdf7 Nov 2020
Commencement CertificateFile: Commencement Certificate.jpg7 Nov 2020
CertificateFile: Certificat of Incor.jpg-
Architect Certificate for Work Completion Schedule till DateFile: Architect's Certificate for Status of work.jpeg-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate - Work Completion Status - Aashraya.pdf-
CA Certificate for Funds UtilizationFile: CA Certificate of Fund Utilization Certificate - Aashraya - 2020.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect's Certificate for Pending work.jpeg-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate - Pending Work Completion - Aashraya.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Certificate of Fund Utilization Certificate - Aashraya - 2020.pdf-
AffidavitFile: Affidavid-Notarized.pdf-
Latest Encumbrance CertificateFile: Aashraya EC till date.jpeg-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Aashrya - Bank Statment.pdf-
Ref 11 - Commencement Certificate-
scan744-
Building Approval Plan-
26 - Sales Deed-
Sale Ageement for Aashraya-
26 - Sales Deed-
scan745-
Approved Building Plan-
Ref 16 - Allotment letter-
Brochure-
Specifications-
Ref 7 - Encumbrance Certificate (1st April'04 to 24th March'18)-
26 - Sales Deed-
JDA Agreement-
NOC - Karnataka Fire & Emergency Service-
NOC - Hindustan Aeronautics Ltd-
NOC - Bangalore Electricity Supply Company Ltd-
NOC - Bangalore Water Supply and Sewerage Board-
NOC - Bharat Sanchar Nigam Ltd-
41 - Site Plan-
27 - Specifications-
43-
Balance Sheet 2016 - 2017File: 5b - Report on Financial Statments.pdf-
Balance Sheet 2015 - 2016File: 1b - Balance Sheet - 2014 - 2015.pdf-
Balance Sheet 2014 - 2015File: 1c - Balance Sheet - 2013 - 2014.pdf-
Audited Profit and Loss Statement 2016 - 2017File: 2b - Statment of Profit and Loss - 2014 - 2015.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2c - Statment of Profit and Loss - 2013 - 2014.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2c - Statment of Profit and Loss - 2013 - 2014.pdf-
Director's Report 2016 - 2017File: LOD 1.jpg-
Director's Report 2015 - 2016File: LOD 2.jpg-
Director's Report 2014 - 2015File: LOD 3.jpg-
Cash Flow Statement 2016 - 2017File: 4b - Cash Flow Statment - 2014 - 2015.pdf-
Cash Flow Statement 2015 - 2016File: 4c - Cash Flow Statment - 2013 - 2014.pdf-
Auditor's Report 2016 - 2017File: 5c - Independent Auditors' Report.pdf-
Auditor's Report 2015 - 2016File: 5c - Independent Auditors' Report.pdf-
Auditor's Report 2014 - 2015File: 5c - Independent Auditors' Report.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: 6a - INDIAN INCOME TAX RETURN ACKNOWLEDGEMENT.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 6a - INDIAN INCOME TAX RETURN ACKNOWLEDGEMENT.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 6a - INDIAN INCOME TAX RETURN ACKNOWLEDGEMENT.pdf-
Ref 23 - Declaration- Form - B-
Prospectus/BrochureFile: Aashraya -RERA.jpg-
Advertisement Copy 1File: Aashraya -RERA.jpg-
Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_180507_001672.xls (2).xlsx-

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.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmJains AashrayaOther 18Dot size: filed unitsN

Filed coordinates, straight-line distance. 18 registered projects within 2 km.

Builder: Jain Housing & Construction Ltd.

Jain Housing & Construction Ltd. has 1 registration on RERA Karnataka, including Jains Aashraya. 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 Jains Aashraya is delayed beyond 20 Jan 2021?

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 Jains Aashraya?

The registered promoter entity is Jain Housing & Construction Ltd., 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 Jains Aashraya?

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 Jains Aashraya?

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.

What should I check before booking in Jains Aashraya?

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.

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