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Registration approved Plotted Development project

NISARGA AERO CITY DEVANAHALLI PHASE - 2

By NISARGA DEVELOPERS

RG-KA-05030 · RERA PRM/KA/RERA/1250/303/PR/200515/003402 · Last updated on RERA Karnataka portal: 31 Mar 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Aug 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 66 documents Report an error

NISARGA AERO CITY DEVANAHALLI PHASE - 2 is a Plotted Development project by NISARGA DEVELOPERS in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/200515/003402 on 15 May 2020. Possession is promised by 19 Aug 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameNISARGA AERO CITY DEVANAHALLI PHASE - 2
  • TypePlotted Development
  • Location
    • Devanahalli
    • Bengaluru Rural
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1250/303/PR/200515/003402
  • ReraGenie IDRG-KA-05030

Builder

  • NameNISARGA DEVELOPERS
  • Entity typeProprietorship Firm
  • Authorized SignatoryNarayanaswamy L N
  • OthersNarayanaswamy L N
  • Other registrations5 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMay 2020First promiseNov 2021Revised toAug 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 May 2020
  • Promised completion19 Aug 2022
  • Revised completionRevised to 19 Aug 2022 (originally 19 Nov 2021)
  • BuildingsNot stated in filing
  • Documents filed66 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 area5,969 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 2.21 cr

Certifying professionals and partners2

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

RoleName
ArchitectNisaraga Developers
EngineerNisaraga Developers

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionNov 2021 → Aug 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed66

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/1250/303/PR/200515/003402 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Bank Cheque CopyFile: Bank Cheque and Pass Book.jpg31 Mar 2020
Bank Statement CopyFile: BANK STATEMENT.pdf31 Mar 2020
Bank StatementFile: BANK STATEMENT.pdf3 Mar 2020
Bank cheque and Pass BookFile: Bank Cheque and Pass Book.jpg3 Mar 2020
Financial Statement with CA - UDINFile: Financial Statement with CA - UDIN.pdf3 Mar 2020
Complete IT 2018-19 with audited Balance SheetFile: IT 2018-19.pdf24 Feb 2020
NOC from Purasabhe - DevanahalliFile: merge_from_ofoct.jpg24 Feb 2020
Signed Joint Affidavit cum DeclarationFile: AFFIDAVIT Builder and Land owner.pdf13 Feb 2020
IT 2016-17 with audited balance sheet and P and LFile: IT 2016-17.pdf13 Feb 2020
IT 2017-18 with audited balance sheet and P and LFile: Income Tax 2017-18.pdf13 Feb 2020
IT 2018-19 with audited balance sheet and P and LFile: IT 2018-19.pdf13 Feb 2020
RTC - KhathaFile: RTC.pdf13 Feb 2020
Temporary Release-
Approved Plan-
Sale Deeds of All Survey Numbers-
Approved Plan-
Project Specifications-
EC TILL DATE-
AFFIDAVIT 3 -1-
Affidavit builder and land owner - GPA-
RTC-
JDA-
NOC from Purasabha-
Conversion order all survey numbers-
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-
Approved Plan-
Approved Plan-
Unnamed document-
Balance Sheet 2018 - 2019File: IT 2019-20.pdf-
Balance Sheet 2017 - 2018File: IT 2018-19.pdf-
Balance Sheet 2016 - 2017File: Income Tax 2017-18.pdf-
Audited Profit and Loss Statement 2018 - 2019File: IT 2019-20.pdf-
Audited Profit and Loss Statement 2017 - 2018File: IT 2018-19.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Income Tax 2017-18.pdf-
Director's Report 2018 - 2019File: IT 2019-20.pdf-
Director's Report 2017 - 2018File: IT 2018-19.pdf-
Director's Report 2016 - 2017File: Income Tax 2017-18.pdf-
Cash Flow Statement 2018 - 2019File: IT 2019-20.pdf-
Cash Flow Statement 2017 - 2018File: IT 2018-19.pdf-
Auditor's Report 2018 - 2019File: IT 2019-20.pdf-
Auditor's Report 2017 - 2018File: IT 2018-19.pdf-
Auditor's Report 2016 - 2017File: Income Tax 2017-18.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT 2019-20.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: IT 2018-19.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Income Tax 2017-18.pdf-
FORM B-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Nisarga Hitech Layout Phase - 8-OngoingFeb 2020Not delivered

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one moved by 9 months
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Builder: NISARGA DEVELOPERS

NISARGA DEVELOPERS has 6 registrations on RERA Karnataka, including NISARGA LOTUS and NISARGA AERO CITY DEVANAHALLI PHASE - 2. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if NISARGA AERO CITY DEVANAHALLI PHASE - 2 is delayed beyond 19 Aug 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 NISARGA AERO CITY DEVANAHALLI PHASE - 2?

The registered promoter entity is NISARGA DEVELOPERS, a proprietorship 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 NISARGA AERO CITY DEVANAHALLI PHASE - 2?

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 NISARGA AERO CITY DEVANAHALLI PHASE - 2?

The professionals named in the filing: Architect: Nisaraga Developers; Engineer: Nisaraga Developers. 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 NISARGA AERO CITY DEVANAHALLI PHASE - 2?

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; why the completion date was revised and what the new timeline depends on.

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 NISARGA AERO CITY DEVANAHALLI PHASE - 2. 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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