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Registration approved Residential/Group Housing project

MAHAVEER TURQUOISE

By REDDY STRUCTURES PRIVATE LIMITED

RG-KA-84983 · RERA PRM/KA/RERA/1251/310/PR/171014/000777 · Last updated on RERA Karnataka portal: 1 Feb 2022

Source: official RERA Karnataka filing

Red flags

  • 3 complaints at RERA Karnataka
  • Completion date moved by 21 months
  • 2 extensions taken

Clear

  • Separate project account declared
Sep 2022Possession promisedmoved 21 months from the original
3Complaints at RERA Karnatakaon this registration
Jump to the 80 documents Report an error

MAHAVEER TURQUOISE is a Residential/Group Housing project by REDDY STRUCTURES PRIVATE LIMITED in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171014/000777 on 14 Oct 2017. Possession is promised by 30 Sep 2022. The completion date has moved by 21 months from the original filing. 3 complaints are on record with the regulator.

At a glance

Project

  • NameMAHAVEER TURQUOISE
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/171014/000777
  • ReraGenie IDRG-KA-84983

Builder

  • NameREDDY STRUCTURES PRIVATE LIMITED
  • Entity typeCompany
  • CINU07010KA2002PTC031181
  • Authorized SignatoryKUMBALA PRAVEEN
  • DirectorsKUMBALA PRAVEEN, KUMBALA BHAGYA LAXMI
  • Other registrations10 more →
  • Declared earlier projects25 →

Key dates

this monthRegisteredOct 2017First promiseDec 2020Revised toSep 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on14 Oct 2017
  • Promised completion30 Sep 2022
  • Revised completionRevised to 30 Sep 2022 (originally 31 Dec 2020)
  • Buildings4 building records
  • Documents filed80 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK - A---52052
BLOCK - B---78078
BLOCK - C---72072
BLOCK - D---1080108

The full filing

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

Construction progress by building1

As on 1 Feb 2022, the date of the latest filing. 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 work-
Retaining wall (All types)Not applicable
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
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
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 1 Feb 2022, the date of the latest filing. 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 & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
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 area14,363 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 45.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectINDRAJIT S KEMBHAVI
EngineerDR. R JAGADISH

Extensions applied for2

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

ExtensionDec 2020 → Sep 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1251/310/PR/220302/000777Sep 2021 → Sep 2022

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka3

Case no.ComplainantRespondentFiled
CMP/220524/0009520-REDDY STRUCTURES PRIVATE LIMITED24/05/2022
00231/2023-REDDY STRUCTURES PRIVATE LIMITED23/02/2023
00527/2023-REDDY STRUCTURES PRIVATE LIMITED20/04/2023

Documents filed80

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/171014/000777 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Affidavit on Accounts changeFile: Affidavit Turquoise - Accounts.pdf1 Feb 2022
Reply to the noticeFile: Reply to the Query and Clarification about renewal of NOCs.pdf17 Jan 2022
NOC-BWSSBFile: NOC-BWSSB.pdf17 Jan 2022
NOC-SEIAAFile: NOC-SEIAA.pdf17 Jan 2022
NOC-BESCOMFile: NOC-BESCOM.pdf17 Jan 2022
Development DetailsFile: Development Details.xlsx17 Jan 2022
Upload PlanFile: sanction plan.pdf20 Oct 2021
As per CA Certificate designated bank account number and Designated bank account number not matched.File: Account change request fees receipt.pdf20 Oct 2021
Please upload the Commencement certificate issued by the planning authority.File: CC M turquoise.pdf20 Oct 2021
upload the renewed approved building drawingFile: sanction plan.pdf20 Oct 2021
upload he Relinquishment deedFile: Reliquishment Deed.pdf20 Oct 2021
upload the renewed NOC of KSPCBFile: TURQOISE KSPCB.pdf20 Oct 2021
upload the renewed NOC of SEIAAFile: Turquoise Environment(MOEF) NOC.pdf20 Oct 2021
Engineers certificate for pending worksFile: Engineer Certifcate work pending.pdf20 Oct 2021
upload the Cost of Land, Estimated Cost of Construction and total cost of the project statementFile: COST STATEMENT.xlsx20 Oct 2021
upload the break up Development Details with type of flat, size and numbersFile: Type Size of flat.xlsx20 Oct 2021
List of AllotteesFile: Allotees List.xlsx20 Oct 2021
upload the written consent letters of 2/3rd allotteesFile: Templet 6 Affidavit Turquoise.pdf20 Oct 2021
upload the proper reason delay/extensionFile: Reason for delay.pdf20 Oct 2021
authorized signed copy of project specificationFile: Turquoise Specification ( Sign Off Copy).pdf20 Oct 2021
STP in the project is to be clarified by the promoter along with supported drawings and documents toFile: TURQUOISE -STP - R1-STP &UG SUMP DETAILS.pdf20 Oct 2021
Certificate from Registered Engineer indicating the structural safety of the buildingFile: Mahaveer Turquoise stability certificate.pdf20 Oct 2021
renewed NOC issued by BWSSBFile: Turquoise BWSSB NOC.pdf20 Oct 2021
renewed NOC issued by BESCOMFile: Turquoise BESCOM NOC03082017.pdf20 Oct 2021
Request letter on NOCFile: requestt letter.pdf20 Oct 2021
CertificateFile: Certificate of Incorporation RSPL.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect As on date Turquoise.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Work as ondate - Turquoise.pdf-
CA Certificate for Funds UtilizationFile: Fund utilized.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect Pending work Turquoise.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Extension RERA Turquoise- Pending work.pdf-
CA Certificate for Funds required for Project CompletionFile: Fund required.pdf-
AffidavitFile: Templet 6 Affidavit Turquoise.pdf-
Latest Encumbrance CertificateFile: EC uptodate.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails (2).xlsx-
Document 1File: Form B Extension Turquoise.pdf-
Document 2File: KhajaneStateTax63900042109202100996 account change.pdf-
stilt floor plan-
Sanctioned plan-
stilt floor plan-
proforma Sale Deed-
proforma SALE AGREEMENT-
Turquoise Google Map-
terrace floor section & site plan-
Sanctioned plan-
BOOKING FORM - ALLOTMENT-
stilt floor plan-
turquoise NOC's_Compressed-
Turquoise Specifications 20 07 16-
mahaveer turquoise encumberance certificate-
RTC-
JOINT DEVELOPMENT AGREEMENT-
Sale Deed Grey Scale-
conversion copy-
Turquoise BESCOM NOC-
01-Turquoise BWSSB NOC-
KSPCB Turquoise NOC ack-
01-Turquoise Environment(MOEF) NOC-
terrace floor section & site plan-
Balance Sheet 2015 - 2016File: Balance Sheet.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit and loss account.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Profit and Loss account.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Profit and Loss account.pdf-
Director's Report 2015 - 2016File: Directors Report.pdf-
Director's Report 2014 - 2015File: Directors Report.pdf-
Director's Report 2013 - 2014File: Directors Report.pdf-
Cash Flow Statement 2015 - 2016File: cash flow statement.pdf-
Cash Flow Statement 2014 - 2015File: cash flow statement.pdf-
Auditor's Report 2015 - 2016File: Audit Report.pdf-
Auditor's Report 2014 - 2015File: Audit Report.pdf-
Auditor's Report 2013 - 2014File: Audit Report.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR copy.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Tax Filing Ackn.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: IT RETURN ACKNOWLEDGEMENT.pdf-
Turquoise-Affidavit-
Prospectus/BrochureFile: Turquoise_brochure.pdf-
Advertisement Copy 1File: Turquoise-advertisement.jpg-
Tower Excel SheetFile: 4_Turquoise - PRM_KA_RERA_1251_310_PR_171014_000777.xlsx-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 21 months
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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Builder: REDDY STRUCTURES PRIVATE LIMITED

REDDY STRUCTURES PRIVATE LIMITED has 11 registrations on RERA Karnataka, including MAHAVEER PALATIUM and Mahaveer Palatium Sy No 41. Its filings declare 25 earlier projects, 8 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if MAHAVEER TURQUOISE is delayed beyond 30 Sep 2022?

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 MAHAVEER TURQUOISE?

The registered promoter entity is REDDY STRUCTURES PRIVATE LIMITED, a company as per the filing. Its CIN U07010KA2002PTC031181 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 MAHAVEER TURQUOISE?

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.

How do I read the complaint cases filed against MAHAVEER TURQUOISE?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at MAHAVEER TURQUOISE?

The professionals named in the filing: Architect: INDRAJIT S KEMBHAVI; Engineer: DR. R JAGADISH. 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 MAHAVEER TURQUOISE?

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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