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KAPILA TOWNSHIP
RG-KA-73714 · RERA PRM/KA/RERA/1268/380/PR/110522/004865 · Last updated on RERA Karnataka portal: 6 Apr 2022
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
KAPILA TOWNSHIP is a Plotted Development project by Paramount Developers in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/380/PR/110522/004865 on 11 May 2022. Possession is promised by 9 Dec 2021.
At a glance
Project
- NameKAPILA TOWNSHIP
- TypePlotted Development
- Location
- Nanjanagud
- Mysore
- 571301
- Pincode571301
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1268/380/PR/110522/004865
- ReraGenie IDRG-KA-73714
Builder
- NameParamount Developers
- Entity typePartnership Firm
- Authorized SignatoryManjunath R
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on11 May 2022
- Promised completion9 Dec 2021
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed101 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership5
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Paramount Developers | - | - |
| Paramount Developers | - | - |
| Paramount Developers | - | - |
| Paramount Developers | - | - |
| Paramount Developers | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 5.65 cr | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Vishnu Kumar |
| Chartered Accountant | M. Bhansali & Co |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed101
As listed on the registration, under the names the promoter filed them with; the newest 80 of 101 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1268/380/PR/110522/004865 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| MRFile: MR.pdf | 6 Apr 2022 |
| Non-Litigation AffidavitFile: Non-Litigation Affidavit.pdf | 6 Apr 2022 |
| Initial sanction order with initial planFile: Intial Plan sanction letter with Plan.pdf | 6 Apr 2022 |
| Final release order with final planFile: Final Release Order with Final Plan.pdf | 6 Apr 2022 |
| Engineer CertificateFile: Form 3.pdf | 6 Apr 2022 |
| Architect CertificateFile: Form 2.pdf | 6 Apr 2022 |
| Electricity NOC with Fee PaymentFile: Electricity NOC.pdf | 6 Apr 2022 |
| UGD DemarcationFile: UGD Demarcation.pdf | 6 Apr 2022 |
| UGD Clarification LetterFile: Clarification on UGD.pdf | 6 Apr 2022 |
| Proforma AOSFile: Agreement of Sale Proforma.pdf | 6 Apr 2022 |
| Proforma Allotment LetterFile: Allotment Letter.pdf | 6 Apr 2022 |
| RTC, survey 82/1 | - |
| Mutation, survey 82/1 | - |
| Encumbrance Certificate, survey 82/1 | - |
| Conversion/Alienation Order, survey 82/1 | - |
| Sale/Title/Gift Deed, survey 82/1 | - |
| Khatha, survey 82/1 | - |
| RTC, survey 82/2 | - |
| Mutation, survey 82/2 | - |
| Encumbrance Certificate, survey 82/2 | - |
| Conversion/Alienation Order, survey 82/2 | - |
| Sale/Title/Gift Deed, survey 82/2 | - |
| Khatha, survey 82/2 | - |
| RTC, survey 83/2 | - |
| Mutation, survey 83/2 | - |
| Encumbrance Certificate, survey 83/2 | - |
| Conversion/Alienation Order, survey 83/2 | - |
| Sale/Title/Gift Deed, survey 83/2 | - |
| Khatha, survey 83/2 | - |
| RTC, survey 84/1 | - |
| Mutation, survey 84/1 | - |
| Encumbrance Certificate, survey 84/1 | - |
| Conversion/Alienation Order, survey 84/1 | - |
| Sale/Title/Gift Deed, survey 84/1 | - |
| Khatha, survey 84/1 | - |
| RTC, survey 84/2 | - |
| Mutation, survey 84/2 | - |
| Encumbrance Certificate, survey 84/2 | - |
| Conversion/Alienation Order, survey 84/2 | - |
| Sale/Title/Gift Deed, survey 84/2 | - |
| Khatha, survey 84/2 | - |
| Registration CertificateFile: Incorporation Certificate.pdf | - |
| Partnership DeedFile: Partnership Deed.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by Engineer Form 3File: Form 3.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Non-Litigation Affidavit.pdf | - |
| Certificate issued by ArchitectFile: Form 2.pdf | - |
| Balance Sheet 2020 - 2021File: Balance sheet 2020-21.pdf | - |
| Balance Sheet 2019 - 2020File: Balance Sheet 2019-20.pdf | - |
| Balance Sheet 2018 - 2019File: Balance sheet 2018-19.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Charted Accountant Letter.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: Charted Accountant Letter.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Charted Accountant Letter.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: IT Returns 2020-21.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: IT Returns 2019-20.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: IT Returns 2018-19.pdf | - |
| Sanction Letter | - |
| Approved Plan | - |
| Approved Plan | - |
| Approved Plan | - |
| Project Specification | - |
| Sale DeedC | - |
| Form-B Affidavit | - |
| Sec 3(1) Non Violation Affidavit | - |
| NOC-BESCOM-Work Completion | - |
| NOC-Water | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
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Builder: Paramount Developers
Paramount Developers has 1 registration on RERA Karnataka, including KAPILA TOWNSHIP. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mysore district page.
Frequently asked questions
What are my rights if KAPILA TOWNSHIP is delayed beyond 9 Dec 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 KAPILA TOWNSHIP?
The registered promoter entity is Paramount 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 KAPILA TOWNSHIP?
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 KAPILA TOWNSHIP?
The professionals named in the filing: Engineer: Vishnu Kumar; Chartered Accountant: M. Bhansali & Co. 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 KAPILA TOWNSHIP?
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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