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Registration approved Residential/Group Housing project

M1 PROPERTIES TERRA ALEGRIA

By M1 PROPERTIES

RG-KA-23782 · RERA PRM/KA/RERA/1250/304/PR/171208/001069

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 64 documents Report an error

M1 PROPERTIES TERRA ALEGRIA is a Residential/Group Housing project by M1 PROPERTIES in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/171208/001069 on 8 Dec 2017. Possession is promised by 28 Dec 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameM1 PROPERTIES TERRA ALEGRIA
  • TypeResidential/Group Housing
  • Location
    • Hosakote
    • Bengaluru Rural
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1250/304/PR/171208/001069
  • ReraGenie IDRG-KA-23782

Builder

  • NameM1 PROPERTIES
  • Entity typeOther
  • Authorized SignatorySIVA RAMA KRISHNA PRASAD MUSUNURI

Key dates

this monthRegisteredDec 2017First promiseDec 2019Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Dec 2017
  • Promised completion28 Dec 2020
  • Revised completionRevised to 28 Dec 2020 (originally 28 Dec 2019)
  • Buildings103 building records
  • Documents filed64 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
1---101
2---101
3---101
4---101
5---101
6---101
7---101
8---101
9---101
10---101
11---101
12---101
13---101
14---101
15---101
16---101
17---101
18---101
19---101
20---101
21---101
22---101
23---101
24---101
25---101
26---101
27---101
28---101
29---101
30---101
31---101
32---101
33---101
34---101
35---101
36---101
37---101
38---101
39---101
40---101
41---101
42---101
43---101
44---101
45---101
46---101
47---101
48---101
49---101
50---101
51---101
52---101
53---101
54---101
55---101
56---101
57---101
58---101
59---101
60---101
61---101
62---101
63---101
64---101
65---101
66---101
67---101
68---101
69---101
70---101
71---101
72---101
73---101
74---101
75---101
76---101
77---101
78---101
79---101
80---101
81---101
82---101
83---101
84---101
85---101
86---101
87---101
88---101
89---101
90---101
91---101
92---101
93---101
94---101
95---101
96---101
97---101
98---101
99---101
100---101
101---101
102---101
103---101

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing workNot applicable
Retaining wall (All types)Not applicable
Plinth level BeamNot applicable
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etcNot applicable
Plastering inside , outside & CeilingNot applicable
Joinery: Doors, Windows, Ventilators etcNot applicable
Basic work of Water supply, Sanitary and ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
Railing and Grill fixingNot applicable
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
PaintingNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemNoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationNoNot applicable
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationYes-
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsNoNot applicable
Staircases and Lift lobbies, corridor,lobbies, corridorNoNot applicable
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area30,705 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 38.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectK P S RAMANJANEYULU
EngineerAADHAARSHILA STRCUTURAL CONSULTANTS

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionDec 2019 → Sep 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1250/304/PR/200526/001069Sep 2021 → Dec 2020

Reason as filed by the promoterShortage of Labour

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed64

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/1250/304/PR/171208/001069 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: REGISTRATION shops & establrish.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Rera_Extension_Work completition.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engg Certificate for Status of Work .pdf-
CA Certificate for Funds UtilizationFile: CA Certificate for funds utilised.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Rera_Extension_Work pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engg Certificate for Pending work.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Certificate for funds required.pdf-
AffidavitFile: Affidavit2.pdf-
Latest Encumbrance CertificateFile: EC All.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: M1 homes Power Sanction.pdf-
Document 2File: Panchayat Construction license.pdf-
Document 3File: BMRDA Approval Plan.jpg-
Document 4File: BMRDA Approval Letter.pdf-
Document 5File: 50930221_1580126431940.pdf-
Document 6File: 4192178_1580127025498.pdf-
Document 7File: buliding plan aproval HPA.pdf-
Document 8File: AFFDAVIT.pdf-
Document 9File: HPA approval 12-May-2016 17-32-12.pdf-
Panchayat Construction license-
HPA-
HPA-
Agreement for Registration[1]-
Agreement-
Byre Gowda-
HPA-
HPA-
Allotment Letter Sample-
m1 Alegria Folder-
BESCOM NOC-
Specifications for Terra Alegria Project -
EC 19th July 2017-
Khata Terra Alegria-
Balance Sheet 2015 - 2016File: IT_AY2016-17.pdf-
Balance Sheet 2014 - 2015File: IT_AY2015-161.pdf-
Balance Sheet 2013 - 2014File: IT_AY2014-15.pdf-
Audited Profit and Loss Statement 2015 - 2016File: IT_AY2016-17.pdf-
Audited Profit and Loss Statement 2014 - 2015File: IT_AY2015-161.pdf-
Audited Profit and Loss Statement 2013 - 2014File: IT_AY2014-15.pdf-
Director's Report 2015 - 2016File: IT_AY2016-17.pdf-
Director's Report 2014 - 2015File: IT_AY2015-161.pdf-
Director's Report 2013 - 2014File: IT_AY2014-15.pdf-
Cash Flow Statement 2015 - 2016File: IT_AY2016-17.pdf-
Cash Flow Statement 2014 - 2015File: IT_AY2015-161.pdf-
Auditor's Report 2015 - 2016File: IT_AY2016-17.pdf-
Auditor's Report 2014 - 2015File: IT_AY2015-161.pdf-
Auditor's Report 2013 - 2014File: IT_AY2014-15.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT_AY2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: IT_AY2015-161.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: IT_AY2014-15.pdf-
New Document 03-Aug-2017 15-04-36-
Prospectus/BrochureFile: M1 Alegria with RERA Brochure.pdf-
Advertisement Copy 1File: CF Advt.png-
Tower Excel SheetFile: PRM_KA_RERA_1250_304_PR_171208_001069.xlsx-
Loan raised documentFile: canarabank_sanction letter.pdf-
Occupancy CertificateFile: oc_villas.jpeg-
Consent for operation issued by KSPCBFile: K S P C B.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: BESCOM.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: panchayat drinking water approval.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: INFRA.pdf-
Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: AMENITIES.pdf-
Architect certificate for having completed the work(in format no 5)File: FORM5&6.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: FORM4_.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: AFFIDAVIT.pdf-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one moved by 12 months
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Builder: M1 PROPERTIES

M1 PROPERTIES has 1 registration on RERA Karnataka, including M1 PROPERTIES TERRA ALEGRIA. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if M1 PROPERTIES TERRA ALEGRIA is delayed beyond 28 Dec 2020?

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 M1 PROPERTIES TERRA ALEGRIA?

The registered promoter entity is M1 PROPERTIES. 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 M1 PROPERTIES TERRA ALEGRIA?

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 M1 PROPERTIES TERRA ALEGRIA?

The professionals named in the filing: Architect: K P S RAMANJANEYULU; Engineer: AADHAARSHILA STRCUTURAL CONSULTANTS. 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 M1 PROPERTIES TERRA ALEGRIA?

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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