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Registration approved Plotted Development project

Nakshtra Township Phase II

By Allu Siva Rama Krishna Reddy

RG-KA-52695 · RERA PRM/KA/RERA/1251/310/PR/180406/001473

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
Aug 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 39 documents Report an error

Nakshtra Township Phase II is a Plotted Development project by Allu Siva Rama Krishna Reddy in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180406/001473 on 6 Apr 2018. Possession is promised by 1 Aug 2018.

At a glance

Project

  • NameNakshtra Township Phase II
  • TypePlotted Development
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/310/PR/180406/001473
  • ReraGenie IDRG-KA-52695

Builder

  • NameAllu Siva Rama Krishna Reddy
  • Entity typePartnership Firm
  • Authorized SignatorySiva Rama krishna Reddy
  • OthersSridhar Reddy Mumma Reddy

Key dates

this monthRegisteredApr 2018PromisedAug 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on6 Apr 2018
  • Promised completion1 Aug 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed39 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 area21,650 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 2.25 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed39

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/180406/001473 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: SRR Partnership Deed.pdf-
APPROVAL letter-
approval plan 5A 14 Gpdf (4)-
approval plan 5A 14 Gpdf (4)-
Sale Deed -
SALE AGREEMENT - 2 - Hyde Park Second Phase-
Land Doc-
approval plan 5A 14 Gpdf (4)-
approval plan 5A 14 Gpdf (4)-
Allotment Letter Format-
No Broacher Design-
Project Specifications Phase 2 (1)-
Ec-
20180323000158-
MOU Nakshatra Phase-2-
Sale Deed 1-
Converstion Order-
APPROVAL letter-
Converstion Order-
reliquashment deed-
BESCOME-
panchayath letter to water-
Unnamed document-
WE WILL FURNISH DOCUMENTS LATER-
Balance Sheet 2015 - 2016File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Balance Sheet 2014 - 2015File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Balance Sheet 2013 - 2014File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Audited Profit and Loss Statement 2015 - 2016File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Audited Profit and Loss Statement 2014 - 2015File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Audited Profit and Loss Statement 2013 - 2014File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Cash Flow Statement 2015 - 2016File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Cash Flow Statement 2014 - 2015File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Auditor's Report 2015 - 2016File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Auditor's Report 2014 - 2015File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Auditor's Report 2013 - 2014File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: WE WILL FURNISH DOCUMENTS LATER.pdf-
Form B-

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 kmNakshtra Township Phase Other 10Dot size: filed unitsN

Filed coordinates, straight-line distance. 10 registered projects within 2 km.

Builder: Allu Siva Rama Krishna Reddy

Allu Siva Rama Krishna Reddy has 1 registration on RERA Karnataka, including Nakshtra Township 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 Nakshtra Township Phase II is delayed beyond 1 Aug 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 Nakshtra Township Phase II?

The registered promoter entity is Allu Siva Rama Krishna Reddy, 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 Nakshtra Township 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.

What should I check before booking in Nakshtra Township 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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