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Registration approved Residential/Group Housing project

MIDDLE MIST

By Peony Projects

RG-KA-26219 · RERA PRM/KA/RERA/1251/446/PR/171027/000815

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
Jan 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 20 documents Report an error

MIDDLE MIST is a Residential/Group Housing project by Peony Projects in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171027/000815 on 27 Oct 2017. Possession is promised by 1 Jan 2018.

At a glance

Project

  • NameMIDDLE MIST
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/171027/000815
  • ReraGenie IDRG-KA-26219

Builder

  • NamePeony Projects
  • Entity typePartnership Firm
  • Authorized SignatoryK.SRIKANTH REDDY

Key dates

this monthRegisteredOct 2017PromisedJan 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on27 Oct 2017
  • Promised completion1 Jan 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed20 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 area2,125 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 9.35 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed20

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/1251/446/PR/171027/000815 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Partnership Certificate.pdf-
CC-
sanction plan_1-
Katha-E-
sanction plan_1-
Brochure-
noc belthur-BDA-
Specification-
Encumbrance Certificate-
khata E 31-Jul-2017 16-49-50 Page 2-
Balance Sheet 2015 - 2016File: Balance Sheet.pdf-
Auditor's Report 2015 - 2016File: Auditor Report.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Income TAX.pdf-
Form B-
Prospectus/BrochureFile: peony brochure edit2 3-10-2015.pdf-
Advertisement Copy 1File: RERA CERTIFICATE.jpg-
Occupancy CertificateFile: oc pEONY.pdf-
Completion certificateFile: oc pEONY.pdf-
Registered Agreement of SaleFile: oc pEONY.pdf-
Registered conveyance deed for an individual unitFile: oc pEONY.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: Peony Projects

Peony Projects has 1 registration on RERA Karnataka, including MIDDLE MIST. 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 MIDDLE MIST is delayed beyond 1 Jan 2018?

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 MIDDLE MIST?

The registered promoter entity is Peony Projects, 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 MIDDLE MIST?

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 MIDDLE MIST?

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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About MIDDLE MIST. 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.

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