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Registration approved Plotted Development project

Nisarga Tejas Orchid Phase 2

By NISARGA DEVELOPERS

RG-KA-89696 · RERA PRM/KA/RERA/1265/347/PR/200121/003216 · Last updated on RERA Karnataka portal: 8 Jan 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
Jun 2020Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 40 documents Report an error

Nisarga Tejas Orchid Phase 2 is a Plotted Development project by NISARGA DEVELOPERS in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/347/PR/200121/003216 on 21 Jan 2020. Possession is promised by 30 Jun 2020.

At a glance

Project

  • NameNisarga Tejas Orchid Phase 2
  • TypePlotted Development
  • Location
    • Maluru
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/347/PR/200121/003216
  • ReraGenie IDRG-KA-89696

Builder

  • NameNISARGA DEVELOPERS
  • Entity typeProprietorship Firm
  • Authorized SignatoryL.N.NARAYANA SWAMY
  • Other registrations5 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredJan 2020PromisedJun 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on21 Jan 2020
  • Promised completion30 Jun 2020
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed40 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 area22,763 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 8.25 cr

Certifying professionals and partners2

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

RoleName
ArchitectNISARGA DEVELOPERS
EngineerNISARGA DEVELOPERS

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed40

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/1265/347/PR/200121/003216 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Self Attested PAN Copy of ProprietorFile: Self Attested PAN Copy.pdf8 Jan 2020
IT 2019-20File: IT 2019-20.pdf8 Jan 2020
IT 2016-17 with audited Balance Sheet, P and LFile: IT 2016-17.pdf8 Jan 2020
IT 2017-18 with audited Balance Sheet, P and LFile: Income Tax 2017-18.pdf8 Jan 2020
IT 2018-19 with audited Balance Sheet, P and LFile: IT 2018-19.pdf8 Jan 2020
Registered Sale Deed all Survey NumbersFile: Sale Deed All Survey Numbers.pdf8 Jan 2020
Khatha RTC all Survey NumbersFile: RTC.pdf8 Jan 2020
All Applicable NOC,sFile: All NOC.pdf8 Jan 2020
Project SpecificationsFile: Project Specifications.pdf8 Jan 2020
CertificateFile: Propritership certificate.pdf-
Temprorary Relese BMRDA COPY-
PLAN-
RELESE ORDER COPY-
Mother Deed All Survey Numbers-
PLAN-
EC-
Affidavit-
RTC-
Sale Deed All Survey Numbers-
NOC-
Convertion Order All Survey Numbers-
RELNQUISHMENT DEED-
PLAN-
PLAN-
Balance Sheet 2018 - 2019File: IT 2018-19.pdf-
Balance Sheet 2017 - 2018File: Income Tax 2017-18.pdf-
Balance Sheet 2016 - 2017File: IT 2016-17.pdf-
Audited Profit and Loss Statement 2018 - 2019File: IT 2018-19.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Income Tax 2017-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: IT 2016-17.pdf-
Cash Flow Statement 2018 - 2019File: IT 2018-19.pdf-
Cash Flow Statement 2017 - 2018File: Income Tax 2017-18.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT 2018-19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Income Tax 2017-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: IT 2016-17.pdf-
Form B-
Occupancy CertificateFile: MPA COPY.pdf-
Completion certificateFile: MPA COPY.pdf-
Registered Agreement of SaleFile: SALE DEED PHASE 2 - UPLOADED.pdf-
Registered conveyance deed for an individual unitFile: SALE DEED PHASE 2 - UPLOADED.pdf-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one has not
0%of Kolar registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Kolar projects on ReraGenie, from their own filings.

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Other projects near Kolar190+ in Kolar

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 Kolar district page.

Frequently asked questions

What are my rights if Nisarga Tejas Orchid Phase 2 is delayed beyond 30 Jun 2020?

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 Tejas Orchid 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 Tejas Orchid 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 Tejas Orchid Phase 2?

The professionals named in the filing: Architect: NISARGA DEVELOPERS; Engineer: NISARGA 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 Tejas Orchid 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; 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 Nisarga Tejas Orchid 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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