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Registration approved Residential/Group Housing project

MAJESTIC FORTUNE

By MAJESTIC PROPERTY DEVELOPERS PRIVATE LIMITED

RG-KA-34431 · RERA PRM/KA/RERA/1251/310/PR/171208/001189

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
Jan 2021Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 54 documents Report an error

MAJESTIC FORTUNE is a Residential/Group Housing project by MAJESTIC PROPERTY DEVELOPERS PRIVATE LIMITED in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171208/001189 on 8 Dec 2017. Possession is promised by 31 Jan 2021. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameMAJESTIC FORTUNE
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/171208/001189
  • ReraGenie IDRG-KA-34431

Builder

  • NameMAJESTIC PROPERTY DEVELOPERS PRIVATE LIMITED
  • Entity typeCompany
  • CINU45201KA2006PTC039788
  • Authorized SignatorySYED ABDUL RAHAMAN

Key dates

this monthRegisteredDec 2017First promiseJan 2020Revised toJan 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Dec 2017
  • Promised completion31 Jan 2021
  • Revised completionRevised to 31 Jan 2021 (originally 31 Jan 2020)
  • Buildings4 building records
  • Documents filed54 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A BLOCK---56056
B BLOCK---56056
C BLOCK---40040
D BLOCK---40040

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 work-
Retaining wall (All types)-
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 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 SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
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 drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallNoNot applicable
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-
BasementYes-
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 area18,109 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 95.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectMOHAN KUMAR.K.B
EngineerR.SYED KHADER

Extensions applied for2

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

ExtensionJan 2020 → Oct 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1251/310/PR/200303/001189Oct 2021 → Jan 2021

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed54

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/171208/001189 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Certificate of Incorporation.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect Status of Work As on date.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineers Work Status As on Dated.pdf-
CA Certificate for Funds UtilizationFile: RERA CA Fund Utilization.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect Pending Work As on date.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineers Pending Work As on Dated.pdf-
CA Certificate for Funds required for Project CompletionFile: RERA CA Fund Required.pdf-
AffidavitFile: Affidavits.pdf-
Latest Encumbrance CertificateFile: EC.pdf-
Consent letter from 2/3rd of AllotteesFile: Buyer Consent Obtained.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Total Sale of Flats 31122019.pdf-
Document 2File: Buyer Consent Obtained.pdf-
Document 3File: Consent not required.pdf-
Document 4File: Bank Statement.pdf-
Document 5File: Commencement Certificate.pdf-
Document 6File: Affidavit us 18(1).pdf-
Document 7File: IDBI BANK STATEMENT .pdf-
Document 8File: AFFIDAVIT AS PER TEMPLATE 6.pdf-
CommCerti-
COMBINED-
Performa_of_Sale_Deed_MF-
Performa_of_Sale_Agreement_MF-
Sale Deed-
Proforma of Allotment Letter-
MF Brochure Com-
MF ENV ClS-
Specification-
EC MF-
Khata-
JD MF-
Conversion Order-
SEIAA-
Balance Sheet 2015 - 2016File: Balance Sheet AY 2016-17.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet AY 2015-16.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet AY 2014-15.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit & Loss Acccount AY 2016-17.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Profit & Loss Account AY 2015-16.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Profit & Loss Account AY 2014-15.pdf-
Director's Report 2015 - 2016File: Directors Report AY 2016-17.pdf-
Director's Report 2014 - 2015File: Directors Report AY 2015-16.pdf-
Director's Report 2013 - 2014File: Directors Report AY 2014-15.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement AY 2016-17.pdf-
Cash Flow Statement 2014 - 2015File: Cash Flow Statement AY 2015-16.pdf-
Auditor's Report 2015 - 2016File: Audit Report AY 2016-17.pdf-
Auditor's Report 2014 - 2015File: Audit Report AY 2015-16.pdf-
Auditor's Report 2013 - 2014File: Audit Report AY 2014-15.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Income Tax Acknowledgement AY 2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Income Tax Acknowlegement AY 2015-16.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: Income Tax Acknowledgement AY 2014-15.pdf-
Form B Declaration & Affidavit-
Prospectus/BrochureFile: Brochure Majestic Fortune.pdf-
Advertisement Copy 1File: Majestic Fortune Advertisement.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_171208_001189.xlsx-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 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: MAJESTIC PROPERTY DEVELOPERS PRIVATE LIMITED

MAJESTIC PROPERTY DEVELOPERS PRIVATE LIMITED has 1 registration on RERA Karnataka, including MAJESTIC FORTUNE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if MAJESTIC FORTUNE is delayed beyond 31 Jan 2021?

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 MAJESTIC FORTUNE?

The registered promoter entity is MAJESTIC PROPERTY DEVELOPERS PRIVATE LIMITED, a company as per the filing. Its CIN U45201KA2006PTC039788 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 MAJESTIC FORTUNE?

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 MAJESTIC FORTUNE?

The professionals named in the filing: Architect: MOHAN KUMAR.K.B; Engineer: R.SYED KHADER. 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 MAJESTIC FORTUNE?

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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