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Registration approved Residential/Group Housing project

MIMS RESIDENCY

By MIMS BUILDERS Pvt Ltd

RG-KA-39709 · RERA PRM/KA/RERA/1251/309/PR/171023/001149

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
Jun 2017Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 64 documents Report an error

MIMS RESIDENCY is a Residential/Group Housing project by MIMS BUILDERS Pvt Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171023/001149 on 23 Oct 2017. Possession is promised by 30 Jun 2017.

At a glance

Project

  • NameMIMS RESIDENCY
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/171023/001149
  • ReraGenie IDRG-KA-39709

Builder

  • NameMIMS BUILDERS Pvt Ltd
  • Entity typeCompany
  • Authorized SignatoryMr.Zakiulla Shariff
  • Other registrations1 more →
  • Declared earlier projects2 →

Key dates

Registered
23 Oct 2017
Promised
30 Jun 2017

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on23 Oct 2017
  • Promised completion30 Jun 2017
  • Revised completionNone
  • Buildings1 building record
  • Documents filed64 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---1450145

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)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

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 & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes-
Water conservationYes-
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 HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksNoNot applicable
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 energyYes-

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 area9,443 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 26.50 cr

Certifying professionals and partners2

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

RoleName
ArchitectJJ Associates
EngineerRS Consultants

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/1251/309/PR/171023/001149 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 incorpation-Mims.pdf-
CC-
MIMS PLANS 3-
MIMS PLANS 1-
Sale Deed-
Sale Agreement-
Sale Deed-
MIMS PLANS 5-
MIMS PLANS 1-
Allotment Letter-
Brochure-
MIMS ALL NOCs-
Specifications-
EC-
Khata-
JD-
Legal Opinion-
Conversion order 2-
KTCP Act-
Utilization Certificate-
TDR-
Relinquishment Deed-
Fireforce Dept Letter-
Airport Authority of India-
BESCOM Sanction-
BWSSB - NOC-
KSPCB-
SLEIAA-
BSNL-
Neighbouring Properties-
Unnamed document-
Urban Land Cealing-
BMRCL-
Bangalore Urban Atrs-
Factories-
District Megestrate-
Coastal Regulation-
Certificate - Engineer-
Section-
Balance Sheet 2015 - 2016File: Balance Sheet FY-2015-16.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet FY_2014-15.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet FY-2013-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L FY-2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L FY 2014-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P&L FY_2013-14.pdf-
Director's Report 2015 - 2016File: Director Report FY-2015-16-ilovepdf-compressed.pdf-
Director's Report 2014 - 2015File: Director Report FY_2014-15.pdf-
Director's Report 2013 - 2014File: Director report FY-2013_14.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow FY 2015-16.pdf-
Cash Flow Statement 2014 - 2015File: Cash Flow FY_2014-15.pdf-
Auditor's Report 2015 - 2016File: Auditor Report FY_2015-16-ilovepdf-compressed.pdf-
Auditor's Report 2014 - 2015File: Auditor Report FY_2014-15.pdf-
Auditor's Report 2013 - 2014File: auditor report 2013-14 (2).pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT Acknowledgement FY_2015-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: IT Acknowledgement_FY2014-15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: P&L FY_2013-14.pdf-
Form B-
Prospectus/BrochureFile: MIMSResidencyBrochure.pdf-
Advertisement Copy 1File: MIMS Quarter Page ad Residency.jpg-
Tower Excel SheetFile: PRM_KA_RERA_1251_309_PR_171023_001149 (1).xlsx-
Occupancy CertificateFile: Occupancy Certificate.pdf-
Completion certificateFile: Completion Cirtificate - Architect.jpg-
Registered Agreement of SaleFile: Sale Agreement.PDF-
Registered conveyance deed for an individual unitFile: Sale Deed.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

2 kmMIMS RESIDENCYOther 52Dot size: filed unitsN

Filed coordinates, straight-line distance. 52 registered projects within 2 km.

Builder: MIMS BUILDERS Pvt Ltd

MIMS BUILDERS Pvt Ltd has 2 registrations on RERA Karnataka, including MIMS RESIDENCY and MIMS NORTHBROOK. Its filings declare 2 earlier projects, 2 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 MIMS RESIDENCY is delayed beyond 30 Jun 2017?

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 MIMS RESIDENCY?

The registered promoter entity is MIMS BUILDERS Pvt Ltd, a company 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 MIMS RESIDENCY?

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 MIMS RESIDENCY?

The professionals named in the filing: Architect: JJ Associates; Engineer: RS 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 MIMS RESIDENCY?

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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