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Registration approved No litigation declared Plotted Development project

NAKSHATRA-5 PHASE-II

By TGN CONSTRUCTIONS

RG-KA-41262 · RERA PRM/KA/RERA/1251/308/PR/070125/007358 · Last updated on RERA Karnataka portal: 20 Dec 2024

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Mar 2025Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 104 documents Report an error

NAKSHATRA-5 PHASE-II is a Plotted Development project by TGN CONSTRUCTIONS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/070125/007358 on 7 Jan 2025. Possession is promised by 31 Mar 2025.

At a glance

Project

  • NameNAKSHATRA-5 PHASE-II
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/070125/007358
  • ReraGenie IDRG-KA-41262

Builder

  • NameTGN CONSTRUCTIONS
  • Entity typePartnership Firm
  • GSTIN37AAFFT1924R1ZL
  • Authorized SignatoryTALLURU GIRI

Key dates

this monthRegisteredJan 2025PromisedMar 2025

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Jan 2025
  • Promised completion31 Mar 2025
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed104 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership3

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners3
LandownerVillageDistrict
THALLURU VENKATA SIVAMALA--
TGN CONSTRUCTIONS--
TGN CONSTRUCTIONS--

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 2.79 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 2.40 cr-
On-site expenditure-Consultants FeesRs 24.18 lakh-
On-site expenditure-Salaries of workersRs 5.51 lakh-
On-site expenditure-Site OverheadRs 4.00 lakh-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 2.00 lakh-
Payment of taxesRs 2.00 lakh-
Payment of cessRs 1.00 lakh-

Certifying professionals and partners2

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

RoleName
EngineerMallikharjuna Rao Maddikunta
Chartered AccountantM.Sreenivasulu

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed104

As listed on the registration, under the names the promoter filed them with; the newest 80 of 104 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/308/PR/070125/007358 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
landowners and developer for sno 109/2 Distribution DeedFile: deed of capital contributions.pdf20 Dec 2024
Sharing AgreementFile: sharing agreement.pdf20 Dec 2024
financials statements with CA UDINFile: 1 Balance Sheet & PL -UDIN-FY-2023-24.pdf16 Dec 2024
financials statements with CA UDINFile: 1 Balance Sheet PL -UDIN-FY-2022-23.pdf16 Dec 2024
financials statements with CA UDINFile: 1 Balance Sheet-PL -UDIN-FY-2021-22.pdf16 Dec 2024
notarized bank affidavitFile: 2 Bank Affidavit Notarized.pdf16 Dec 2024
Partnership registration certificateFile: 3 Partnership Registration Certificate.pdf16 Dec 2024
Sources of fund to complete the project with supporting documentsFile: 4 Source of fund to complete the project with supporting documents.pdf16 Dec 2024
current year RTC For Survey Number 109/2, 109/3 & 109/4File: 1) Sy No 109-2 109-3 and 109-4 RTC current Year.pdf16 Dec 2024
B-karab landFile: 2) B Kharab Clarification .pdf16 Dec 2024
rectify the sno as 109/2 instead of 190/2File: 3) Rectify Sy No190-2.pdf16 Dec 2024
EC from 1-4-2010 to till date For Survey Number 109/2, 109/3 & 109/4File: 4) EC from 1-4-2010 to till date.pdf16 Dec 2024
self-attested copy of the Engineer license certificateFile: 2) Engineer Licence Certificate.pdf16 Dec 2024
Engineer certificateFile: 3) Engineer Certificate - Form 6.pdf16 Dec 2024
section 3(1) notarized affidavitFile: 4) section_3(1)- Notarized Affidavit.pdf16 Dec 2024
Payment plan and upload the proforma of the Agreement for SaleFile: 5) Payment plan of proforma of the Agreement for Sale.pdf16 Dec 2024
STP/Septic TankFile: 6) STP-Approved Plotted Plan.PDF16 Dec 2024
JDA between landowners and developer for sno 109/2File: Sale Deed Sy No 109-2 Jointed Signature.pdf16 Dec 2024
Sharing AggrementFile: Sharing Agreement- TGN[1].pdf16 Dec 2024
RTC, survey 190/2-
Mutation, survey 190/2-
Encumbrance Certificate, survey 190/2-
Conversion/Alienation Order, survey 190/2-
Sale/Title/Gift Deed, survey 190/2-
Khatha, survey 190/2-
RTC, survey 109/3-
Mutation, survey 109/3-
Encumbrance Certificate, survey 109/3-
Conversion/Alienation Order, survey 109/3-
Sale/Title/Gift Deed, survey 109/3-
Khatha, survey 109/3-
RTC, survey 109/4-
Mutation, survey 109/4-
Encumbrance Certificate, survey 109/4-
Conversion/Alienation Order, survey 109/4-
Sale/Title/Gift Deed, survey 109/4-
Khatha, survey 109/4-
Registration CertificateFile: TGN_Revised_partnership_Deed_.pdf-
GST CertificateFile: TGN-GST Certifications.pdf-
Partnership DeedFile: TGN_Revised_partnership_Deed_.pdf-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: CA Certificate-Form-1.pdf-
Certificate issued by Engineer Form 3File: Engineer Certificate-Form-3.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non_litigation.pdf-
Certificate issued by ArchitectFile: Architect Certificate -Form-2.pdf-
Balance Sheet 2023 - 2024File: TGN-2023-24.pdf-
Balance Sheet 2022 - 2023File: TGN-2022-23.pdf-
Balance Sheet 2021 - 2022File: TGN-2021-22.pdf-
Audited Profit and Loss Statement 2023 - 2024File: TGN-2023-24.pdf-
Audited Profit and Loss Statement 2022 - 2023File: TGN-2022-23.pdf-
Audited Profit and Loss Statement 2021 - 2022File: TGN-2021-22.pdf-
Income Tax Return Acknowledgement 2023 - 2024File: TGN-2023-24.pdf-
Income Tax Return Acknowledgement 2022 - 2023File: TGN-2022-23.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: TGN-2021-22.pdf-
Approval Letter-
BESCOM NOC-
Water NOC-
Approved Plotted Plan-
Approved Plotted Plan-
Approved Plotted Plan-
project_specifications-
Project Area Map-
TGN_consts_legal_opinion-
CDP_Map-
Conversion Order All Sy No-
Proforma Sale Agreement-
Allotment_letter-
project_specifications-
Form_B-
Non_violation_affidavit-
BESCOM NOC-
Water NOC-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-

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: TGN CONSTRUCTIONS

TGN CONSTRUCTIONS has 1 registration on RERA Karnataka, including NAKSHATRA-5 PHASE-II. 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 NAKSHATRA-5 PHASE-II is delayed beyond 31 Mar 2025?

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 NAKSHATRA-5 PHASE-II?

The registered promoter entity is TGN CONSTRUCTIONS, a partnership firm as per the filing. Its GSTIN 37AAFFT1924R1ZL 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 NAKSHATRA-5 PHASE-II?

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 NAKSHATRA-5 PHASE-II?

The professionals named in the filing: Engineer: Mallikharjuna Rao Maddikunta; Chartered Accountant: M.Sreenivasulu. 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 NAKSHATRA-5 PHASE-II?

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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