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Registration approved Plotted Development project

Palm Vista

By Dayananda Rajendra

RG-KA-97290 · RERA PRM/KA/RERA/1251/309/PR/190204/002337

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
Oct 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 26 documents Report an error

Palm Vista is a Plotted Development project by Dayananda Rajendra in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/190204/002337 on 4 Feb 2019. Possession is promised by 2 Oct 2019.

At a glance

Project

  • NamePalm Vista
  • TypePlotted Development
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/309/PR/190204/002337
  • ReraGenie IDRG-KA-97290

Builder

  • NameDayananda Rajendra
  • Entity typeProprietorship Firm
  • Authorized SignatoryDayananda Rajendra

Key dates

this monthRegisteredFeb 2019PromisedOct 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 Feb 2019
  • Promised completion2 Oct 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed26 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 area12,140 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 1.20 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed26

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/1251/309/PR/190204/002337 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Renewed Shops Certificate.pdf-
Commencement Certificate-
kannahalli Approved layout plan scan-
kannahalli Approved layout plan scan-
Sale Deed _TD Kannahalli _Draft -
Sale Agreement- Taras Datri Develoeprs-SY 55-4-
Partition deed - Sy no 55-4-
kannahalli Approved layout plan scan-
kannahalli Approved layout plan scan-
ALLOTMENT LETTER -
Brochure 1 Kannahalli-
Spec-
Kannalli EC-
RTC-1-
GPA Original Scanned Copy-
RELIQUISHMENT DEED- KANNAHALLI-
Conversion order SY no 55-3-
kannahalli Approved layout plan scan-
kannahalli Approved layout plan scan-
Kannalli Conversion copy-
Balance Sheet 2015 - 2016File: ITRA2015.pdf-
Audited Profit and Loss Statement 2015 - 2016File: ITRA2015.pdf-
Director's Report 2015 - 2016File: ITRA2015.pdf-
Auditor's Report 2015 - 2016File: ITRA2015.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITRA2015.pdf-
Declaration-

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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: Dayananda Rajendra

Dayananda Rajendra has 1 registration on RERA Karnataka, including Palm Vista. 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 Vista is delayed beyond 2 Oct 2019?

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 Vista?

The registered promoter entity is Dayananda Rajendra, 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 Palm Vista?

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.

What should I check before booking in Palm Vista?

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 Palm Vista. 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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