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King City
By RAI ESTATES
RG-KA-33506 · RERA PRM/KA/RERA/1268/378/PR/181122/002180
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 21 months
- 2 extensions taken
Clear
- No complaints on record
- Separate project account declared
Saved.
King City is a Plotted Development project by RAI ESTATES in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/181122/002180 on 22 Nov 2018. Possession is promised by 30 Sep 2024. The completion date has moved by 21 months from the original filing.
At a glance
Project
- NameKing City
- TypePlotted Development
- Location
- MYSORE
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1268/378/PR/181122/002180
- ReraGenie IDRG-KA-33506
Builder
- NameRAI ESTATES
- Entity typeCompany
- Authorized SignatoryK Subramanya Rai
- OthersK Subramanya Rai
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on22 Nov 2018
- Promised completion30 Sep 2024
- Revised completionRevised to 30 Sep 2024 (originally 31 Dec 2022)
- 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.
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.
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Reason as filed by the promoterForce Majeure
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/1268/378/PR/181122/002180 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: MUDA.jpg | - |
| Architect Certificate for Work Completion Schedule till DateFile: ARCHITECTS CERTIFICATE FOR STATUS OF WORK.pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: ENGINEERS CERTIFICATE FOR STATUS OF WORK.pdf | - |
| CA Certificate for Funds UtilizationFile: CA Certificate Funds Utilized.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: ARCHITECTS CERTIFICATE FOR PENDING WORK.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: ENGINEERS CERTIFICATE FOR PENDING WORK.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: CA Certificate Funds Required.pdf | - |
| AffidavitFile: King city Affidavit cum Declaration 1.pdf | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx | - |
| Document 1File: King City Form -B.pdf | - |
| Document 2File: Form-5 Quarterly Architect Certificate 2023-24 Q1.pdf | - |
| Document 3File: ENGINEERS CERTIFICATE FORM-6.pdf | - |
| Document 4File: Form-4 Q1 23-24 King City.pdf | - |
| King City MOU Format | - |
| King City MOU Format | - |
| scan151 | - |
| 4 - King City New Layout Plan | - |
| Balance Sheet 2016 - 2017File: BS 2017.pdf | - |
| Balance Sheet 2015 - 2016File: BS 2016.pdf | - |
| Balance Sheet 2014 - 2015File: Balance Sheet 2015.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: T&P 2017.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: T&P 2016.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: Trading & Profit 2015.pdf | - |
| Cash Flow Statement 2016 - 2017File: CF 2017.pdf | - |
| Cash Flow Statement 2015 - 2016File: CF 2016.pdf | - |
| Auditor's Report 2016 - 2017File: Audit report 17.pdf | - |
| Auditor's Report 2015 - 2016File: scan139.pdf | - |
| Auditor's Report 2014 - 2015File: AR 15.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: IT 17.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IT 16.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: IT 15.pdf | - |
| Prospectus/BrochureFile: King City 17 Acre New RERA No.jpg | - |
| Advertisement Copy 1File: King City 17 Acre New RERA No.jpg | - |
| Plot Excel SheetFile: PRM_KA_RERA_1268_378_PR_181122_002180 (1).xlsx | - |
| Final plan technical sanction LetterFile: Final Sanction Letter.pdf | - |
| Final layout plan sanctionedFile: Final Technical Plan.pdf | - |
| Completion CertificateFile: Final Sanction Letter.pdf | - |
| Relinquishment deed executed handed over detailsFile: Reliquishment Deed.pdf | - |
| Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: King City Water Board NOC.pdf | - |
| Certificate issued by the concerned power supply(ESCOM'S)File: Electricity.pdf | - |
| Certificate issued by KSPCB, consent for operation of STP plantFile: KSPCB.pdf | - |
| Chartered Accountant Certificate (Form-4)File: Form 4CC King City.pdf | - |
| Engineer's Certificate (Form-6)File: Form 6 Engineer Certificate Clousure.pdf | - |
| Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit Rai Estates.pdf | - |
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Builder: RAI ESTATES
Rai Estates has 2 registrations on RERA Karnataka, including Golden Palms and King City. 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 King City is delayed beyond 30 Sep 2024?
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 King City?
The registered promoter entity is RAI ESTATES, 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 King 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 King 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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