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Registration approved Plotted Development project

Kalpatharu Green City

By Kaustubha Developers

RG-KA-35299 · RERA PRM/KA/RERA/1254/461/PR/181210/002209

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 18 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Jan 2022Possession promisedmoved 18 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 44 documents Report an error

Kalpatharu Green City is a Plotted Development project by Kaustubha Developers in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/461/PR/181210/002209 on 10 Dec 2018. Possession is promised by 18 Jan 2022. The completion date has moved by 18 months from the original filing.

At a glance

Project

  • NameKalpatharu Green City
  • TypePlotted Development
  • Location
    • Bagepalli
    • Chikkaballapura
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1254/461/PR/181210/002209
  • ReraGenie IDRG-KA-35299

Builder

  • NameKaustubha Developers
  • Entity typePartnership Firm
  • Authorized SignatoryG.V RAVI CHANDRA
  • OthersBONDA KOTESWARA RAO, G.V RAVI CHANDRA

Key dates

this monthRegisteredDec 2018First promiseJul 2020Revised toJan 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on10 Dec 2018
  • Promised completion18 Jan 2022
  • Revised completionRevised to 18 Jan 2022 (originally 18 Jul 2020)
  • BuildingsNot stated in filing
  • Documents filed44 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 area89,231 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 4.50 cr

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionJul 2020 → Apr 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1254/461/PR/220711/002209Apr 2021 → Jan 2022

Reason as filed by the promoterFinancial crunch

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed44

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/1254/461/PR/181210/002209 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: 1_Registration of Firms.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Kaustubha-Arch completed work.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate for Work Completion.pdf-
CA Certificate for Funds UtilizationFile: CA-Funds utilised.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Kaustubha-Arch-pending work.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate for Pending Work.pdf-
CA Certificate for Funds required for Project CompletionFile: CA-Funds Required.pdf-
AffidavitFile: FORM-B.pdf-
Latest Encumbrance CertificateFile: 2016-2020.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: CONSENT LETTER 2,3rd.pdf-
Document 2File: FORM-B.pdf-
Document 3File: BANK STATEMENT.pdf-
Document 4File: 2016-20.pdf-
Document 5File: EC - 2014-2016.jpg-
Document 6File: EC-2004-2014.pdf-
Document 7File: SECTION 18-AFFIDAVIT.pdf-
Document 8File: AUTHORIZATION LETTER.pdf-
6_Commencement Certificate-
8_Layout Plan-
8_Layout Plan-
18_Proforma for Sale Deed-
19_Proforma of Agreement for Sale-
24_Sale deed RTC-
8_Layout Plan-
Sale Deed 82-4 & 82-5-
13_Proforma of Allotment Letter-
14_Brochure-
16_Project Spefication-
EC 2004 to till date-
25_Title Deeds khatha-
9_Land Documents_Tippany Mutation Akarabandh-
Partnership deed-
26_Conversion-
Relinquishment Deed-
15_NOC for Polution-
8_Layout Plan-
8_Layout Plan-
26_Conversion-
28_Legal Report-
17_Form B-
Prospectus/BrochureFile: Brochure.pdf-
Advertisement Copy 1File: NA- KALPATHARU.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1254_461_PR_181210_002209.xlsx-

How this compares with Chikkaballapura

27%of Chikkaballapura projects moved their completion datethis one moved by 18 months
1%of Chikkaballapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 170+ Chikkaballapura projects on ReraGenie, from their own filings.

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Builder: Kaustubha Developers

Kaustubha Developers has 1 registration on RERA Karnataka, including Kalpatharu Green City. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Chikkaballapura district page.

Frequently asked questions

What are my rights if Kalpatharu Green City is delayed beyond 18 Jan 2022?

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 Kalpatharu Green City?

The registered promoter entity is Kaustubha Developers, 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 Kalpatharu Green 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 Kalpatharu Green 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; 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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About Kalpatharu Green City. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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