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Registration approved Plotted Development project

New Town

By Patel Builders and Developers

RG-KA-81977 · RERA PRM/KA/RERA/1253/287/PR/201125/003702 · Last updated on RERA Karnataka portal: 20 Nov 2020

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
Oct 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 86 documents Report an error

New Town is a Plotted Development project by Patel Builders and Developers in Chamarajanagar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1253/287/PR/201125/003702 on 25 Nov 2020. Possession is promised by 1 Oct 2022.

At a glance

Project

  • NameNew Town
  • TypePlotted Development
  • Location
    • Kollegal
    • Chamarajanagar
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1253/287/PR/201125/003702
  • ReraGenie IDRG-KA-81977

Builder

  • NamePatel Builders and Developers
  • Entity typeOther
  • Authorized SignatoryAshok Patel M
  • OthersAshok Patel M

Key dates

this monthRegisteredNov 2020PromisedOct 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on25 Nov 2020
  • Promised completion1 Oct 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed86 files

The full filing

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

Land and ownership7

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

Land area27,689 sq m
Named landowners7
LandownerVillageDistrict
Mohammed Farooq--
Nasreen Taj--
Mohammed Saleem--
Mohammed Haneef--
Mohammed Naveed N K--
Mohammed Firoz--
Shaheena Taj--

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 1.80 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed86

As listed on the registration, under the names the promoter filed them with; the newest 80 of 86 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1253/287/PR/201125/003702 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Cheque CopyFile: cancel cheque copy.jpg20 Nov 2020
BANK ACCOUNT DETAILSFile: rera bank directions.pdf8 Sep 2020
Noc DecalrationFile: noc.pdf24 Aug 2020
Bank Account DeclarationFile: bank account declaration.pdf24 Aug 2020
Bank Account Name DeclarationFile: bank account declaration.pdf17 Aug 2020
Sale deed 86/3File: sale deed 3.pdf17 Aug 2020
noc declarationFile: NOC DECLARATION.pdf17 Aug 2020
JDA AffidavitFile: jda.pdf6 Aug 2020
Form bFile: form b.pdf6 Aug 2020
EncumbranceFile: encumbrance.pdf6 Aug 2020
Sale deedFile: relinq 2.pdf6 Aug 2020
NOC DeclarationFile: Noc Declaration.pdf6 Aug 2020
Balance sheetFile: BS.pdf6 Aug 2020
P&LFile: P&L.pdf6 Aug 2020
CertificateFile: registration certificate1.pdf-
CC 1-
plan-
plan-
Performa of sale deed-
Performa of Agreement for sale-
sale deed & rtc-
plan-
Area Development-
Provisional Allotment Letter Format-
Brochure-
Project Specification-
EC 1-
affidavit-
JDA-
RTC-
JDA-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
plan-
layout & Project Specification-
Conversion order 1-
Unnamed document-
Balance Sheet 2018 - 2019File: BS.pdf-
Balance Sheet 2017 - 2018File: BS.pdf-
Balance Sheet 2016 - 2017File: BS.pdf-
Audited Profit and Loss Statement 2018 - 2019File: P&L.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P&L.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&L.pdf-
Director's Report 2018 - 2019File: DR.pdf-
Director's Report 2017 - 2018File: DR.pdf-
Director's Report 2016 - 2017File: DR.pdf-
Cash Flow Statement 2018 - 2019File: CFS.pdf-
Cash Flow Statement 2017 - 2018File: CFS.pdf-
Auditor's Report 2018 - 2019File: AR.pdf-
Auditor's Report 2017 - 2018File: AR.pdf-
Auditor's Report 2016 - 2017File: AR.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR.pdf-
Form B 1-
Appeal 1 Order CopyFile: 4148.pdf-
Prospectus/BrochureFile: Brochure.pdf-
Advertisement Copy 1File: Brochure.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1253_287_PR_201125_003702 (1).xlsx-

How this compares with Chamarajanagar

17%of Chamarajanagar projects moved their completion datethis one has not
0%of Chamarajanagar registrations are shown as withdrawn or revokedthis one is not

Computed across the 52 Chamarajanagar projects on ReraGenie, from their own filings.

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Other projects near Chamarajanagar52 in Chamarajanagar

Builder: Patel Builders and Developers

Patel Builders and Developers has 1 registration on RERA Karnataka, including New Town. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Chamarajanagar district page.

Frequently asked questions

What are my rights if New Town is delayed beyond 1 Oct 2022?

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 New Town?

The registered promoter entity is Patel Builders and Developers. 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 New Town?

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 New Town?

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 New Town. 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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