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Registration approved Plotted Development project

KBL City Phase-II

By Ravi L

RG-KA-81508 · RERA PRM/KA/RERA/1268/378/PR/190307/002486

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
Dec 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 28 documents Report an error

KBL City Phase-II is a Plotted Development project by Ravi L in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/190307/002486 on 7 Mar 2019. Possession is promised by 31 Dec 2019.

At a glance

Project

  • NameKBL City Phase-II
  • TypePlotted Development
  • Location
    • MYSORE
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1268/378/PR/190307/002486
  • ReraGenie IDRG-KA-81508

Builder

Key dates

this monthRegisteredMar 2019PromisedDec 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Mar 2019
  • Promised completion31 Dec 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed28 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 area31,659 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 5.80 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed28

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/1268/378/PR/190307/002486 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
SY 113 & 114-
SY 113 & 114-
Agreement_for_Sale_of_RERA Corrected-
Sale deed & RTC-
SY 113 & 114-
Allotment letter-
EC til 2018 113 114-
RTC 113 114-
Conversion 113 114-
Relinguishment Deed-
Plan - Merged Doc-
Plan - Merged Doc-
Conversion Copy Final-
Investigation report of SY 114-
Balance Sheet 2016 - 2017File: B S.pdf-
Balance Sheet 2015 - 2016File: B S.pdf-
Balance Sheet 2014 - 2015File: B S.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P L.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P L.pdf-
Audited Profit and Loss Statement 2014 - 2015File: PL-1415 Ravi L.pdf-
Auditor's Report 2016 - 2017File: Form 3CB.pdf-
Auditor's Report 2015 - 2016File: Form 3CB.pdf-
Auditor's Report 2014 - 2015File: Form 3 CB.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR-V_Acknowlwdgement AY17-18-Ravi L.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR ACK L RAVI - AY 2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR_V AY 2015-16.pdf-
Affidavite and Declaration-
Plot Excel SheetFile: PRMKARERA1268378PR190307002486_2.xlsx-

How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Other projects near Mysore700+ in Mysore

2 kmKBL City Phase-IIOther 7Dot size: filed unitsN

Filed coordinates, straight-line distance. 7 registered projects within 2 km.

Builder: Ravi L

Ravi L has 2 registrations on RERA Karnataka, including KBL City Phase-II and KBL City Phase-I. 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 KBL City Phase-II 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 KBL City Phase-II?

The registered promoter entity is Ravi L. 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 KBL City Phase-II?

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 KBL City Phase-II?

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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