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Registration approved Residential/Group Housing project

N.R.PEARL

By N.R. BUILDERS&DEVELOPERS

RG-KA-91406 · RERA PRM/KA/RERA/1251/310/PR/180604/001868

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
Sep 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 40 documents Report an error

N.R.PEARL is a Residential/Group Housing project by N.R. BUILDERS&DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180604/001868 on 4 Jun 2018. Possession is promised by 28 Sep 2019.

At a glance

Project

  • NameN.R.PEARL
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/180604/001868
  • ReraGenie IDRG-KA-91406

Builder

  • NameN.R. BUILDERS&DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryM.Reddappa
  • DirectorM.Neeraja

Key dates

this monthRegisteredJun 2018PromisedSep 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 Jun 2018
  • Promised completion28 Sep 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed40 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 area771 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 5.82 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed40

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/180604/001868 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Registration Certificate.pdf-
CC-
Site Plan Copy-
Site Plan Copy-
PROFORMA OF SALE DEED FINAL-
PROFORMA OF SALE OF AGREEMENT-
RTC & Sale deed-
Site Plan Copy-
Site Plan Copy-
Proform of Allotment Letter-
Brochure-
Project Specifications-
EC-
Khatha-
Partition deed & Gift deed-
Partition deed & Gift deed-
Conversion-
NOC - Pollution-
Site Plan Copy-
Site Plan Copy-
Partition_deed_&_Gift_deed-
Legal Scrutiny Report-
Balance Sheet 2016 - 2017File: Financial Declaration.pdf-
Balance Sheet 2015 - 2016File: Financial Declaration.pdf-
Balance Sheet 2014 - 2015File: Financial Declaration.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Financial Declaration.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Financial Declaration.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Financial Declaration.pdf-
Director's Report 2016 - 2017File: Financial Declaration.pdf-
Director's Report 2015 - 2016File: Financial Declaration.pdf-
Director's Report 2014 - 2015File: Financial Declaration.pdf-
Cash Flow Statement 2016 - 2017File: Financial Declaration.pdf-
Cash Flow Statement 2015 - 2016File: Financial Declaration.pdf-
Auditor's Report 2016 - 2017File: Financial Declaration.pdf-
Auditor's Report 2015 - 2016File: Financial Declaration.pdf-
Auditor's Report 2014 - 2015File: Financial Declaration.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Financial Declaration.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Financial Declaration.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Financial Declaration.pdf-
Form B Declaration-

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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Builder: N.R. BUILDERS&DEVELOPERS

N.R. BUILDERS&DEVELOPERS has 1 registration on RERA Karnataka, including N.R.PEARL. 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 N.R.PEARL is delayed beyond 28 Sep 2019?

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 N.R.PEARL?

The registered promoter entity is N.R. BUILDERS&DEVELOPERS, 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 N.R.PEARL?

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 N.R.PEARL?

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 N.R.PEARL. 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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