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OLIVE & OAK
RG-KA-58992 · RERA PRM/KA/RERA/1251/308/PR/220125/007413 · Last updated on RERA Karnataka portal: 16 Jan 2025
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
OLIVE & OAK is a Residential/Group Housing project by Ashrith Vciti Projects in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/220125/007413 on 22 Jan 2025. Possession is promised by 2 Feb 2028.
At a glance
Project
- NameOLIVE & OAK
- TypeResidential/Group Housing
- Location
- Anekal
- Bengaluru Urban
- 560068
- Pincode560068
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/308/PR/220125/007413
- ReraGenie IDRG-KA-58992
Builder
- NameAshrith Vciti Projects
- Entity typePartnership Firm
- GSTIN29ACFFA9867JIZN
- Authorized SignatoryJai Baid
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on22 Jan 2025
- Promised completion2 Feb 2028
- Revised completionNone
- Buildings1 building record
- Documents filed74 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Olive & Oak | - | - | - | 108 | 0 | 108 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 16 Jan 2025, the date of the latest filing. 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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | Not applicable |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| 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 | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | - |
Progress on shared amenities40
As on 16 Jan 2025, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | Yes | - |
| Emergency Evacuation services | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | Yes | - |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | Yes | - |
| Gym | No | Not applicable |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Piped Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | No | Not applicable |
| Outer Wall | Yes | - |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
Land and ownership4
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| V. Gopikrishna | - | - |
| Amulya Gopikrishna | - | - |
| V. Gopikrishna | - | - |
| Amulya Gopikrishna | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 38.50 cr | - |
| On-site expenditure-Site Overhead | Rs 1.70 cr | - |
| On-site expenditure-Salaries of workers | Rs 72.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 72.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 35.80 lakh | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | DARSI VENKATA CHANDU PRANAY |
| Engineer | Chanakya N |
| Chartered Accountant | Siddharth V |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed74
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/1251/308/PR/220125/007413 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| BWSSB NOC - Declaration and Fee payment ReceiptFile: BWSSB NOC - Declaration letter and fee payment receipt.pdf | 16 Jan 2025 |
| Proforma of AFSFile: Agreement for sale Proforma.pdf | 16 Jan 2025 |
| BWSSB FEE RECEIPT WITH DEMAND DRAFTFile: 3BWSSB Fee receipt, demand draft and demand note.pdf | 15 Jan 2025 |
| Guidance value report with land calculation (self attested)File: 4Guidance value report and Letter.pdf | 15 Jan 2025 |
| Allotment letter with filled Annexure AFile: 5RERA Allotment Letter.pdf | 15 Jan 2025 |
| Agreement for saleFile: 6AFS.pdf | 15 Jan 2025 |
| Sources of fundsFile: 3Sources of funds.pdf | 8 Jan 2025 |
| EC from 1-4-2010 to till dateFile: 1EC.pdf | 8 Jan 2025 |
| Title Deed (Sale Deed) of Land ownerFile: 2Title Deed of current land owner.pdf | 8 Jan 2025 |
| Katha obtained from BBMPFile: 3latest Khatha extract.pdf | 8 Jan 2025 |
| Development Plan Approved letterFile: 1BBMP Building License.pdf | 8 Jan 2025 |
| Development Approval Plan / Building Plan blue print from consent authorityFile: 3BBMP Building Master Plan.pdf | 8 Jan 2025 |
| Village MapFile: 5Village map.pdf | 8 Jan 2025 |
| Extract of ZR CopyFile: 6ZR Residential.pdf | 8 Jan 2025 |
| ADLR Survey Sketch Sy no 79File: 7ADLR Survey sketch.pdf | 8 Jan 2025 |
| Floor Plan and Section PlanFile: 8Floor and section plan.pdf | 8 Jan 2025 |
| KSPCB NOCFile: 9KSPCB NOC - letter.pdf | 8 Jan 2025 |
| Engineer Licence self attestedFile: 1Engineer Licence.PDF | 8 Jan 2025 |
| Structural Safety certificateFile: 4Structural Safety Cert.PDF | 8 Jan 2025 |
| STP DesignFile: 5STP DETAILS LAYOUT.pdf | 8 Jan 2025 |
| BESCOM NOC fee receiptFile: 6BescomNOC fee receipt.pdf | 8 Jan 2025 |
| BWSSB NOC Fee receiptFile: 7BWSSB Demand draft and fee receipt.pdf | 8 Jan 2025 |
| Guidance Value (Self attested)File: 8Guideline value.pdf | 8 Jan 2025 |
| Allotment Letter proformaFile: 10RERA Allotment Letter.pdf | 8 Jan 2025 |
| Engineer certified cost of constructionFile: 11CostOfConstruction.pdf | 8 Jan 2025 |
| Project SpecificationFile: 12Project Specs.pdf | 8 Jan 2025 |
| Section 3(1) notarized affidavitFile: 13Section 3(1) notarized affidavit.pdf | 8 Jan 2025 |
| Agreement for sale ProformaFile: 14 AFS.pdf | 8 Jan 2025 |
| RTC, survey 79 | - |
| Mutation, survey 79 | - |
| Encumbrance Certificate, survey 79 | - |
| Conversion/Alienation Order, survey 79 | - |
| JDA, survey 79 | - |
| Khatha, survey 79 | - |
| RTC, survey 79 | - |
| Mutation, survey 79 | - |
| Encumbrance Certificate, survey 79 | - |
| Conversion/Alienation Order, survey 79 | - |
| JDA, survey 79 | - |
| Khatha, survey 79 | - |
| Registration CertificateFile: Certificate of Registration.pdf | - |
| GST CertificateFile: GST Certificate_Ashrith Vciti.pdf | - |
| Partnership DeedFile: Partnership Deed_Signed_compressed.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Rera Certificate_REG 1_compressed.pdf | - |
| Certificate issued by Architect Form 2File: FORM-2 ARCHITECT DXIS.pdf | - |
| Certificate issued by Engineer Form 3File: Form 3.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: No litigation affidavit_compressed.pdf | - |
| Certificate from Chartered Account | - |
| BBMP Building License | - |
| Bescom Letter | - |
| BWSSB NOC Portal | - |
| BBMP Building Master Plan | - |
| BBMP Building Master Plan | - |
| BBMP Building Master Plan | - |
| BBMP Building Master Plan | - |
| BBMP Building Master Plan | - |
| Project specification | - |
| BBMP Building Master Plan | - |
| BBMP Building Master Plan | - |
| Legal scrutiny report | - |
| JDA | - |
| JDA | - |
| ATS - Proforma | - |
| Allotment letter - Proforma | - |
| Olive & Oak Brochure_11zon | - |
| Form B Affidavit cum Declaration_compressed | - |
| JD Affidavit cum Declaration_compressed | - |
| Bescom Letter | - |
| BWSSB NOC Portal | - |
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Builder: Ashrith Vciti Projects
Ashrith Vciti Projects has 1 registration on RERA Karnataka, including OLIVE & OAK. 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 OLIVE & OAK is delayed beyond 2 Feb 2028?
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 OLIVE & OAK?
The registered promoter entity is Ashrith Vciti Projects, a partnership firm as per the filing. Its GSTIN 29ACFFA9867JIZN can be cross-checked on the MCA and GST portals. 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 OLIVE & OAK?
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 OLIVE & OAK?
The professionals named in the filing: Architect: DARSI VENKATA CHANDU PRANAY; Engineer: Chanakya N; Chartered Accountant: Siddharth V. 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 OLIVE & OAK?
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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