ReraGenieLog inGet a buyer report

Home / Browse projects / Bengaluru Urban, Karnataka / METROPOLIS FAIR OAKS

Registration approved Plotted Development project

METROPOLIS FAIR OAKS

By METROPOLIS FAIR OAKS

RG-KA-30748 · RERA PRM/KA/RERA/1251/308/PR/171026/000380 · Last updated on RERA Karnataka portal: 18 Dec 2020

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Dec 2020Possession promisedmoved 12 months from the original
1Complaints at RERA Karnatakaon this registration
Jump to the 58 documents Report an error

METROPOLIS FAIR OAKS is a Plotted Development project by METROPOLIS FAIR OAKS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/171026/000380 on 26 Oct 2017. Possession is promised by 31 Dec 2020. The completion date has moved by 12 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NameMETROPOLIS FAIR OAKS
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/171026/000380
  • ReraGenie IDRG-KA-30748

Builder

  • NameMETROPOLIS FAIR OAKS
  • Entity typePartnership Firm
  • Authorized SignatoryJAYAPAL REDDY PULLANGARI
  • OthersJAYAPAL REDDY PULLANGARI

Key dates

this monthRegisteredOct 2017First promiseDec 2019Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 Oct 2017
  • Promised completion31 Dec 2020
  • Revised completionRevised to 31 Dec 2020 (originally 31 Dec 2019)
  • BuildingsNot stated in filing
  • Documents filed58 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 area37,028 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 35.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectDESTINATION DESIGN PVT LTD
EngineerHARI KRISHNA REDDY

Extensions applied for1

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

EX/PRM/KA/RERA/1251/308/PR/220711/000380Dec 2019 → Dec 2020

Reason as filed by the promoterShortage of Building Materials, Concrete, Jalli etc

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/210306/0007756-METROPOLIS FAIR OAKS06/03/2021

Documents filed58

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/1251/308/PR/171026/000380 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Bank StatementFile: Designated Bank Ac.pdf18 Dec 2020
BMRDA ApprovalFile: BMRDA-STRR- Approval Letter.pdf18 Dec 2020
Architect Certificate March 20File: Architect certificate metropolis FO March 2020.pdf18 Dec 2020
Architect Certificate June 20File: Architect certificate metropolis FO June 2020.pdf18 Dec 2020
Engineer Certificate March 20File: Engineer's Certificate-31st March.pdf18 Dec 2020
Engineer Certificate June 20File: Engineer Certificate_30th June 2020.pdf18 Dec 2020
Engineer Certificate September 20File: Engineer's Certificate_30th Sep 2020.pdf18 Dec 2020
CA Certificate March 20File: 31st March 20.pdf18 Dec 2020
CA Certificate June 20File: 30th June 20.pdf18 Dec 2020
CA Certificate September 20File: 30th Sep 20.pdf18 Dec 2020
AffidavitFile: Affidavit Cum Declaration (1).pdf18 Dec 2020
CertificateFile: Registar of Firms Certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect's Certificate - 2.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer_Status of Work.pdf-
CA Certificate for Funds UtilizationFile: Auditor Fund Utilization.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect's Certificate_1.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineers Certificate_Pending Work.pdf-
CA Certificate for Funds required for Project CompletionFile: Fund required Certificate (1).pdf-
AffidavitFile: Affidavit Cum Declaration (1).pdf-
Latest Encumbrance CertificateFile: EC.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
BMRDA Approval Letter_Villa Site-
BMRDA Approval Letter_Villa Site-
Approval Drawings_Block & White-
Sale Deed Format-
Sale Agreement-
SALE DEED-
Document1-
Document1-
Document1-
Fair-Oaks-E-Brochure-
PWD NOC - Fair Oaks-
Document1-
Conversion Order_new-
KATHA-
JDA 3-
Search Report_Legal-
Balance Sheet 2015 - 2016File: P&L AND BS_2016.pdf-
Balance Sheet 2014 - 2015File: Balance sheet 14-15 - Fair Oaks.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet_FY_2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L AND BS_2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P & L Acc - 14-15Fair Oaks.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P & L _FY_2014.pdf-
Director's Report 2015 - 2016File: Document1.pdf-
Director's Report 2014 - 2015File: Document1.pdf-
Director's Report 2013 - 2014File: Document1.pdf-
Cash Flow Statement 2015 - 2016File: Document1.pdf-
Cash Flow Statement 2014 - 2015File: Document1.pdf-
Auditor's Report 2015 - 2016File: Document1.pdf-
Auditor's Report 2014 - 2015File: Document1.pdf-
Auditor's Report 2013 - 2014File: Document1.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Income Tax Return Acknowledgment_2016.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Income Tax Return Acknowledgment_2015.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: Income Tax Return Acknowledgment_2014.pdf-
RERA Form B-
Prospectus/BrochureFile: Fair Oaks Phase -1 Brochure.pdf-
Advertisement Copy 1File: Advertisement.png-
Plot Excel SheetFile: PRM_KA_RERA_1251_308_PR_171026_000380.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.

Keep METROPOLIS FAIR OAKS on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: METROPOLIS FAIR OAKS

METROPOLIS FAIR OAKS has 1 registration on RERA Karnataka, including METROPOLIS FAIR OAKS. 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 METROPOLIS FAIR OAKS is delayed beyond 31 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 METROPOLIS FAIR OAKS?

The registered promoter entity is METROPOLIS FAIR OAKS, a partnership firm 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 METROPOLIS FAIR OAKS?

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 METROPOLIS FAIR OAKS?

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 METROPOLIS FAIR OAKS?

The professionals named in the filing: Architect: DESTINATION DESIGN PVT LTD; Engineer: HARI KRISHNA REDDY. 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 METROPOLIS FAIR OAKS?

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.

Report an error Share feedback

Report an error or share feedback

About METROPOLIS FAIR OAKS. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save METROPOLIS FAIR OAKS to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.