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Registration approved Mixed Development project

NEWARK SPRINGS

By NEWARK PROJECTS

RG-KA-82257 · RERA PRM/KA/RERA/1251/446/PR/180319/001378

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
Dec 2017Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 42 documents Report an error

NEWARK SPRINGS is a Mixed Development project by NEWARK PROJECTS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180319/001378 on 19 Mar 2018. Possession is promised by 31 Dec 2017.

At a glance

Project

  • NameNEWARK SPRINGS
  • TypeMixed Development
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/180319/001378
  • ReraGenie IDRG-KA-82257

Builder

  • NameNEWARK PROJECTS
  • Entity typePartnership Firm
  • Authorized SignatoryJAGADEESH REDDY KS
  • OthersLAKHINARAYAN PHUKAN

Key dates

Registered
19 Mar 2018
Promised
31 Dec 2017

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 Mar 2018
  • Promised completion31 Dec 2017
  • Revised completionNone
  • Buildings2 building records
  • Documents filed42 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
NEWARK SPRINGS - BLOCK A-----37
NEWARK SPRINGS - BLOCK B-----45

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 network-
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 waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
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 area4,137 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 17.36 cr

Certifying professionals and partners2

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

RoleName
ArchitectCHINMAYANANDA PHUKAN
EngineerRAVINDRANATH CHOUDHURY

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed42

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/1251/446/PR/180319/001378 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Acknowledgement of Registration Of Firm.pdf-
COMMENCEMENT CERTIFICATE-
aprove Plan1-
Absolute sale deed-min-ilovepdf-compressed-
Agreement for sale-ilovepdf-compressed-ilovepdf-compressed-
Sale deed-ilovepdf-compressed-
Brochure_Scan_1-
pollution control NOC1-
Brochure_Scan_4-
EC-ilovepdf-compressed-
kHATA-
joint-ilovepdf-compressed (1)-
Conversion-ilovepdf-compressed-
Balance Sheet 2015 - 2016File: BALANCE SHEET COPY.pdf-
Audited Profit and Loss Statement 2015 - 2016File: PROFIT AND LOSS ACCOUNT.pdf-
Director's Report 2015 - 2016File: STATEMENT OF INCOME.pdf-
Cash Flow Statement 2015 - 2016File: CASH FLOW.pdf-
Auditor's Report 2015 - 2016File: AUDIT REPORT1-ilovepdf-compressed.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT RETURNS ACKNOWLEDGEMENT.pdf-
Affidavit cum declaration-
Tower Excel SheetFile: PRMKARERA1251446PR180319001378.xlsx-
Road cutting permission letter issued by the planning Authority for laying Water supply line, sanitary line, UFile: BWSSB NOC.pdf-
NOC issued by the Fire Force department after completion of workFile: FIRE NOC.pdf-
Occupancy CertificateFile: Occupancy Certificates.pdf-
Consent for operation issued by KSPCBFile: KSPCB NOC.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: BESCOM NOC.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: BESCOM NOC.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: BWSSB NOC.pdf-
Architect certificate for having completed the work(in format no 5)File: Form 5 Architect CC.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4 CA CC New Ark.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Completion Affidavit.pdf-
Form 6 Engineer CCFile: Form 6 Engineer CC.pdf-
Building LicenseFile: Building License.pdf-
Death Certificate of JagadeeshFile: Death Certificate of Jagadeesh.pdf-
New Reconstitution Partnership DeedFile: New Reconstitution Partnership Deed.pdf-
PARTNERSHIP DEEDFile: PARTNERSHIP DEED.pdf-
Reconstitution of Partnership DeedFile: Reconstitution of Partnership Deed.pdf-
APPROVED PLANFile: APPROVED PLAN.pdf-
JDA AGREEMENTFile: JDA AGREEMENT.pdf-
AAI NOCFile: AAI NOC.pdf-
KSPCB CFOFile: KSPCB CFO.pdf-
BSNL NOCFile: BSNL NOC.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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Builder: NEWARK PROJECTS

NEWARK PROJECTS has 1 registration on RERA Karnataka, including NEWARK SPRINGS. 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 NEWARK SPRINGS is delayed beyond 31 Dec 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 NEWARK SPRINGS?

The registered promoter entity is NEWARK PROJECTS, 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 NEWARK SPRINGS?

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 NEWARK SPRINGS?

The professionals named in the filing: Architect: CHINMAYANANDA PHUKAN; Engineer: RAVINDRANATH CHOUDHURY. 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 NEWARK SPRINGS?

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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