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Registration approved Residential/Group Housing project

Kengeri Diamond

By Karnataka Housing Board

RG-KA-85763 · RERA PRM/KA/RERA/1251/310/PR/180516/001689

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
Oct 2016Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

Kengeri Diamond is a Residential/Group Housing project by Karnataka Housing Board in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180516/001689 on 16 May 2018. Possession is promised by 20 Oct 2016.

At a glance

Project

  • NameKengeri Diamond
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/180516/001689
  • ReraGenie IDRG-KA-85763

Builder

  • NameKarnataka Housing Board
  • Entity typeDevelopment Authority
  • Authorized SignatoryA B Ibrahim
  • Other registrations29 more →
  • Declared earlier projects2 →

Key dates

Registered
16 May 2018
Promised
20 Oct 2016

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 May 2018
  • Promised completion20 Oct 2016
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed34 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 area14,400 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

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectMahajan Associates
EngineerMahajan Associates

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed34

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/180516/001689 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Company Registration.jpg-
Commencement-
Building-
Location map-
Sale Deed-
Sale Deed-
Location map-
Location map-
DEV Plan-
SPMDESKTOP_20100224_011839_001-
SPMDESKTOP_20100224_011632_001-
fire fight undertaking-
Project Specifications-
Encumerence Certificate-
Sale Deed-
jOINT-
Balance Sheet 2015 - 2016File: B S 2016.pdf-
Balance Sheet 2014 - 2015File: B S 2015.pdf-
Balance Sheet 2013 - 2014File: B S 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Audited Profit Loss Statement.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Audited Profit Loss Statement.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Audited Profit Loss Statement.pdf-
Director's Report 2015 - 2016File: Dir Report.pdf-
Director's Report 2014 - 2015File: Dir Report.pdf-
Director's Report 2013 - 2014File: Dir Report.pdf-
Cash Flow Statement 2015 - 2016File: 2016.pdf-
Cash Flow Statement 2014 - 2015File: 2015.pdf-
Auditor's Report 2015 - 2016File: Auditor Report.pdf-
Auditor's Report 2014 - 2015File: Auditor Report.pdf-
Auditor's Report 2013 - 2014File: Auditor Report.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 2015-16.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 2014-15.pdf-
Declaration (From B)-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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

Builder: Karnataka Housing Board

Karnataka housing board has 30 registrations on RERA Karnataka, including Chikkabadawadagi sites & services and Andral. Its filings declare 2 earlier projects, 1 of them declared completed. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Kengeri Diamond is delayed beyond 20 Oct 2016?

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 Kengeri Diamond?

The registered promoter entity is Karnataka Housing Board, a development authority 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 Kengeri Diamond?

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 Kengeri Diamond?

The professionals named in the filing: Architect: Mahajan Associates; Engineer: Mahajan Associates. 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 Kengeri Diamond?

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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