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Registration approved Residential/Group Housing project

PALM GROVES

By KARSTEN HOMES PVT LTD

RG-KA-68090 · RERA PRM/KA/RERA/1251/310/PR/171201/001380

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka
  • Completion date moved by 96 months
  • 2 extensions taken

Clear

  • Separate project account declared
Dec 2027Possession promisedmoved 96 months from the original
1Complaints at RERA Karnatakaon this registration
Jump to the 61 documents Report an error

PALM GROVES is a Residential/Group Housing project by KARSTEN HOMES PVT LTD in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171201/001380 on 1 Dec 2017. Possession is promised by 31 Dec 2027. The completion date has moved by 96 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NamePALM GROVES
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/171201/001380
  • ReraGenie IDRG-KA-68090

Builder

  • NameKARSTEN HOMES PVT LTD
  • Entity typeCompany
  • CINU45200KA2011PTC061646
  • Authorized SignatoryKARTEEK REDDY
  • DirectorARYAN HOMETEC PVT LTD
  • Other registrations3 more →

Key dates

this monthRegisteredDec 2017First promiseDec 2019Revised toDec 2027

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Dec 2017
  • Promised completion31 Dec 2027
  • Revised completionRevised to 31 Dec 2027 (originally 31 Dec 2019)
  • Buildings1 building record
  • Documents filed61 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
D BLOCK---1080108

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)Not applicable
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etcNot applicable
Plastering inside , outside & CeilingNot applicable
Joinery: Doors, Windows, Ventilators etcNot applicable
Basic work of Water supply, Sanitary and ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
Railing and Grill fixingNot applicable
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
PaintingNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawingsNot applicable

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 requirementsYes-
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
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-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area4,098 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 10.14 cr

Certifying professionals and partners2

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

RoleName
ArchitectRamesha DB -Landmark Architects & Engineers
EngineerG. Praveen Kumar -ECO Consultants

Extensions applied for2

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

EX/PRM/KA/RERA/1251/310/PR/220620/001380Dec 2019 → Dec 2020

Reason as filed by the promoterFinancial crunch

ExtensionDec 2020 → Dec 2027

No reason recorded in the filing

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/220713/0009743-KARSTEN HOMES PVT LTD13/07/2022

Documents filed61

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/1251/310/PR/171201/001380 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: certificate of incorporation.jpg-
Project Details-
Architect Certificate for Work Completion Schedule till DateFile: Architec Certificate for Work Complited D Block 1380.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate for Work Complited D Block 1380.pdf-
CA Certificate for Funds UtilizationFile: FUND UTILIZED D BLOCK.PDF-
Architect Certificate for Pending Work Completion Schedule.File: Architec Certificate for Pending Work D Block 1380.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate for Pending Work D Block 1380.pdf-
CA Certificate for Funds required for Project CompletionFile: FUND REQUIRED D BLOCK.PDF-
AffidavitFile: Affidavit RERA NO 1388 D Block.pdf-
Latest Encumbrance CertificateFile: E C D Block.pdf-
Details Of Sold/ Un-sold UnitsFile: D Block.xlsx-
Document 1File: FUND REQUIRED D BLOCK.PDF-
Document 2File: FUND UTILIZED D BLOCK.PDF-
Document 3File: BANK STATEMENT.pdf-
Document 4File: 1380 Affidavit Sec 18(1) Project D Block.pdf-
Document 5File: 23 rd consent of buyer.pdf-
Document 6File: APPROVEL LETTER AND COMMENCEMENT CERTIFICATE.pdf-
Document 7File: Template No 6 D Block 1380.pdf-
Document 8File: clarification for commencement certificate - 1380.docx-
Document 9File: D Block.xlsx-
Document 10File: 1380 Affidavit Sec 18(1) Project D Block.pdf-
Document 11File: Affidavit.pdf-
Document 12File: D Block Approved Plan.pdf-
Document 13File: clarification for commencement certificate - 1380.docx-
#9 APPROVEL LETTER AND COMMENCEMENT CERTIFICATE-
#10 Plan Pdf-
D Block-
#21 Performa for sale deed-
#12 PROFORMA OF AGREEMENT FOR SALE-
#13 land Documents JA-2-
#14 Building Infrastructure-
#15 AREA DEVELOPMENT PLAN-
#16 PORFORMA OF ALLOTMENT LETTER-
#17 BROUCHER-
all noc combine pdf-
#19 Project specification1-
#8 ENCOMBERENCE CERTIFICATES(EC)-
E katha 2017-10-17 (3)-
#22 JDA 2-
converstion combine file-
Balance Sheet 2015 - 2016File: BS 2014-15.pdf-
Balance Sheet 2014 - 2015File: karsten BS 13-14.pdf-
Balance Sheet 2013 - 2014File: Karsten BS 12-13.pdf-
Audited Profit and Loss Statement 2015 - 2016File: PL 2014-15.pdf-
Audited Profit and Loss Statement 2014 - 2015File: karsten p&l 13-14.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Karsten P & L 12-13.pdf-
Director's Report 2015 - 2016File: DR 2014-15.pdf-
Director's Report 2014 - 2015File: karsten DR 13-14.pdf-
Director's Report 2013 - 2014File: Karsten DR 12-13.pdf-
Cash Flow Statement 2015 - 2016File: BS 2014-15.pdf-
Cash Flow Statement 2014 - 2015File: karsten BS 13-14.pdf-
Auditor's Report 2015 - 2016File: AR 2014-15.pdf-
Auditor's Report 2014 - 2015File: Karsten A R 13-14.pdf-
Auditor's Report 2013 - 2014File: Karsten AR 12-13.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR Ack 14-15.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: IT Ack 13-14.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: IT Ack 12-13.pdf-
#20 Declaration Form B Pdf-
Prospectus/BrochureFile: 8.jpg-
Advertisement Copy 1File: IMG-20181213-WA0023.jpg-
Tower Excel SheetFile: D block upload file.xlsx-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 96 months
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: KARSTEN HOMES PVT LTD

KARSTEN HOMES PVT LTD has 4 registrations on RERA Karnataka, including PALM GROVES and PALM GROVES. 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 PALM GROVES is delayed beyond 31 Dec 2027?

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 PALM GROVES?

The registered promoter entity is KARSTEN HOMES PVT LTD, a company as per the filing. Its CIN U45200KA2011PTC061646 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 PALM GROVES?

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.

How do I read the complaint cases filed against PALM GROVES?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at PALM GROVES?

The professionals named in the filing: Architect: Ramesha DB -Landmark Architects & Engineers; Engineer: G. Praveen Kumar -ECO Consultants. 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 PALM GROVES?

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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