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Registration approved Plotted Development project

LTG Ascent Phase - 1

By LTG Infrastructure Limited

RG-KA-79835 · RERA PRM/KA/RERA/1270/302/PR/201001/003618 · Last updated on RERA Karnataka portal: 10 Sep 2020

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
Feb 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 73 documents Report an error

LTG Ascent Phase - 1 is a Plotted Development project by LTG Infrastructure Limited in Ramanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1270/302/PR/201001/003618 on 1 Oct 2020. Possession is promised by 25 Feb 2023.

At a glance

Project

  • NameLTG Ascent Phase - 1
  • TypePlotted Development
  • Location
    • Ramanagara
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1270/302/PR/201001/003618
  • ReraGenie IDRG-KA-79835

Builder

  • NameLTG Infrastructure Limited
  • Entity typeCompany
  • CINU45400KA2008PLC046725
  • Authorized SignatoryH.P.Lakshamana
  • Other registrations2 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredOct 2020PromisedFeb 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Oct 2020
  • Promised completion25 Feb 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed73 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 area14,164 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 1.25 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed73

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/1270/302/PR/201001/003618 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
RTC in respect of Sy. No. 70/2 for the year 2018-19 and 2019-20File: RTC Seventy Seventy bar two.pdf10 Sep 2020
RTC in respect of Sy. No. 70/3 for the year 2018-19 and 2019-20File: RTC Seventy Seventy bar three.pdf10 Sep 2020
Compliance for previous notice I and IIFile: Compliance for Notice I and II.pdf10 Sep 2020
Khatha / R.T.C'S in favor land owner / promoterFile: RTC's and Khatha in favor of present owner.pdf5 Sep 2020
Project Head DetailsFile: Project Head Details.pdf29 Aug 2020
Previous Project Post Registration and Quarterly UpdateFile: Previous Project Post Registration and Quarterly Update NA.pdf29 Aug 2020
Chartered accountant UDIN for 2018-19 P&L account and balance sheetFile: UDIN No.pdf29 Aug 2020
2016-17 Financial StatementFile: LTGIL Tax Audit Report 2016-17.pdf29 Aug 2020
Sale Deed in respect of Present Land Owner Survry Number Seventy bar TwoFile: Sale Deed Seventy bar Two in favor of LTG Ascent Phase - 1.pdf29 Aug 2020
Sale Deed in respect of Present Land Owner Survry Number Seventy bar ThreeFile: Sale Deed Seventy bar Three in favor of LTG Ascent Phase - 1.pdf29 Aug 2020
Conversion Orders in respect of Survey Number Seventy bar Two and ThreeFile: Conversion orders survey number seventy bar two and three.pdf29 Aug 2020
Land Owners detailsFile: Land Owners.pdf29 Aug 2020
Development DetailsFile: Development Details.pdf29 Aug 2020
Relinquishment DeedFile: Relinquishment Deed.pdf29 Aug 2020
NOC issued for Local Water SupplyFile: panchayath NOC.pdf29 Aug 2020
CertificateFile: CONVERSION Public certificate - LTGIL.pdf-
Commencement Order_compressed-
Aproved Plan-
Aproved Plan-
Sale Deed OF LTG Ascent-phase-1-
Draft agreement for sale - LTG Ascent Phase - 1-
RTC and Sale Deeds survey number Seventy Seventy bar Two and Three-
Allotment Letter-LTG Ascent Phase-1-
Declaration others-
Project Specification-
Encumbrance Certificate-
Affidavit - Non Violation of Section 3(1) - Company - Layout-
Declaration - JDA-
Previous Owners documents-
Declaration - JDA-
Sale Deed Seventy bar Two and Three in favor of LTG Ascent Phase I-
KEB NOC-
panchayath NOC-
Unnamed document-
Aproved Plan-
Aproved Plan-
LEGAL OPINION LTG - LTG Ascent Phase - I-
Balance Sheet 2018 - 2019File: DECLARATION.pdf-
Balance Sheet 2017 - 2018File: LTGIL BS PL 2018-19.pdf-
Balance Sheet 2016 - 2017File: LTGIL BS PL 2017-18_compressed (1).pdf-
Audited Profit and Loss Statement 2018 - 2019File: DECLARATION.pdf-
Audited Profit and Loss Statement 2017 - 2018File: LTGIL Tax Audit Report 2018-19_compressed.pdf-
Audited Profit and Loss Statement 2016 - 2017File: LTGIL Tax Audit Report 2017-18_compressed.pdf-
Director's Report 2018 - 2019File: DECLARATION.pdf-
Director's Report 2017 - 2018File: Directors Report FY 2018-19_compressed.pdf-
Director's Report 2016 - 2017File: Directors Report UDIN No - 2018 - 19_compressed (1)-compressed.pdf-
Cash Flow Statement 2018 - 2019File: DECLARATION.pdf-
Cash Flow Statement 2017 - 2018File: cash flow statment 2017 -18.pdf-
Auditor's Report 2018 - 2019File: DECLARATION.pdf-
Auditor's Report 2017 - 2018File: LTGIL Tax Audit Report 2018-19_compressed.pdf-
Auditor's Report 2016 - 2017File: LTGIL Tax Audit Report 2017-18_compressed.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: DECLARATION.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR V - 2017-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR V - 2018-19.pdf-
Form B - Declaration - LTG Ascent Phase-1 Compressed-
Prospectus/BrochureFile: Declaration others.pdf-
Advertisement Copy 1File: Advertisement.pdf-
Plot Excel SheetFile: Plot details Excel in Sqaure Metres.xlsx-
Final plan technical sanction LetterFile: LTG Ascent Phase 1 Approved Plan.pdf-
Final layout plan sanctionedFile: LTG Ascent Phase 1 Approved Plan.pdf-
Completion CertificateFile: LTG Ascent Phase 1 Release Order.pdf-
Site release order Copies(1st,2nd phase and final release order)File: LTG Ascent Phase 1 Release Order.pdf-
Relinquishment deed executed handed over detailsFile: LTG Ascent Phase 1 Relinquishment Deed CA, Park & Road.pdf-
Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: Panchayath Raj NOC.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: RWSSB NOC.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: KEB Service.pdf-
Brief description of Water supply and Underground drainage worksFile: RWSSB NOC.pdf-
Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: KEB Service.pdf-
Chartered Accountant Certificate (Form-4)File: Form 4 - Completion Certificate - CA.pdf-
Architect's Certificate (Form-5)File: Form 5 - Architect Certificate Completion.pdf-
Engineer's Certificate (Form-6)File: Form 6 - Engineer Certificate Completion.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit cum Declaration - For Completion.pdf-
Panchayath NOCFile: Panchayath NOC.pdf-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
LTG Ascent-OngoingAug 2023Not delivered

How this compares with Ramanagara

22%of Ramanagara projects moved their completion datethis one has not
1%of Ramanagara registrations are shown as withdrawn or revokedthis one is not

Computed across the 81 Ramanagara projects on ReraGenie, from their own filings.

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Other projects near Ramanagara81 in Ramanagara

Builder: LTG Infrastructure Limited

LTG Infrastructure Limited has 3 registrations on RERA Karnataka, including LTG ASCENT and LTG Ascent Phase - 1. Its filings declare 2 earlier projects, 1 of them declared completed. Read the full track record. See more projects on the Ramanagara district page.

Frequently asked questions

What are my rights if LTG Ascent Phase - 1 is delayed beyond 25 Feb 2023?

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 LTG Ascent Phase - 1?

The registered promoter entity is LTG Infrastructure Limited, a company as per the filing. Its CIN U45400KA2008PLC046725 can be cross-checked on the MCA and GST portals. 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 LTG Ascent Phase - 1?

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 LTG Ascent Phase - 1?

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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