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Paramount Rhapsody
By PARAMOUNT CONSTRUCTION VENTURES PVT LTD
RG-KA-65799 · RERA PRM/KA/RERA/1268/378/PR/201224/007311
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
Saved.
Paramount Rhapsody is a Residential/Group Housing project by PARAMOUNT CONSTRUCTION VENTURES PVT LTD in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/201224/007311 on 20 Dec 2024. Possession is promised by 31 Dec 2027.
At a glance
Project
- NameParamount Rhapsody
- TypeResidential/Group Housing
- Location
- MYSORE
- PincodeNot stated
- RERA no.PRM/KA/RERA/1268/378/PR/201224/007311
- ReraGenie IDRG-KA-65799
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on20 Dec 2024
- Promised completion31 Dec 2027
- Revised completionNone
- Buildings1 building record
- Documents filed30 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PARAMOUNT RHAPSODY | - | - | - | 39 | 0 | 39 |
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:
| 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) | - |
| 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) | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | - |
Progress on shared amenities40
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 | No | Not applicable |
| 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 | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | Yes | - |
| Street Lighting | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | No | Not applicable |
| Power Backup | No | Not applicable |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| 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 | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | No | Not applicable |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
Land and ownership1
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 |
|---|---|---|
| M/s. Mysore Premier Estates Private Limited | - | - |
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 11.35 cr | - |
| Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for construction | Rs 2.32 cr | - |
| On-site expenditure-Site Overhead | Rs 2.00 cr | - |
| On-site expenditure-Salaries of workers | Rs 1.00 cr | - |
| On-site expenditure-Consultants Fees | Rs 60.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 36.00 lakh | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | GOPINATH RAJGOPAL |
| Engineer | GOPINATH RAJGOPAL |
| Chartered Accountant | SATISHA R |
Documents filed30
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/1268/378/PR/201224/007311 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Registration CertificateFile: CIN.pdf | - |
| Memorandum of AssociationFile: ParamountConstructionPL_MoA.pdf | - |
| Article of AssociationFile: ParamountConstructionPL_AoA.pdf | - |
| GST CertificateFile: GST Registration Certificate.pdf | - |
| Organization StructureFile: AUTHORISATION FOR REGISTRATION WITH STATUTORY AUTHORITIES.pdf | - |
| Certificate issued by CA Form 1File: CA CERTIFICATE_RHAPSODY_0001.pdf | - |
| Certificate issued by Architect Form 2File: Architect Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Form-3.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: Non Litigation Affidavit.pdf | - |
| Certificate from Chartered AccountFile: CA CERTIFICATE_RHAPSODY_0001.pdf | - |
| Balance Sheet 2022 - 2023File: 1-PCVPL BALANCE SHEET 31032023_compressed (1).pdf | - |
| Balance Sheet 2021 - 2022File: RHAPSODY NA.pdf | - |
| Balance Sheet 2020 - 2021File: RHAPSODY NA.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: 2-PCVPL P & L 2022-23.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: RHAPSODY NA.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: RHAPSODY NA.pdf | - |
| Director's Report 2022 - 2023File: 3-ParamountConstructionPL_DirectorsReport_FY2022-23 (1).pdf | - |
| Director's Report 2021 - 2022File: RHAPSODY NA.pdf | - |
| Director's Report 2020 - 2021File: RHAPSODY NA.pdf | - |
| Cash Flow Statement 2022 - 2023File: 4-Cash Flow Statement FY 2022-23.pdf | - |
| Cash Flow Statement 2021 - 2022File: Applicability of Cash Flow Statements.pdf | - |
| Auditor's Report 2022 - 2023File: 5-Independent Audit Report & Notes to Accounts.pdf | - |
| Auditor's Report 2021 - 2022File: RHAPSODY NA.pdf | - |
| Auditor's Report 2020 - 2021File: RHAPSODY NA.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: 6-ITR Paramount Connstruction Ventures Pvt Ltd.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: RHAPSODY NA.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: RHAPSODY NA.pdf | - |
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Builder: PARAMOUNT CONSTRUCTION VENTURES PVT LTD
PARAMOUNT CONSTRUCTION VENTURES PVT LTD has 3 registrations on RERA Karnataka, including PARAMOUNT BOULEVARD-2 and PARAMOUNT RITZ. Its filings declare 2 earlier projects, none of them declared completed. Read the full track record. See more projects on the Mysore district page.
Frequently asked questions
What are my rights if Paramount Rhapsody 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 Paramount Rhapsody?
The registered promoter entity is PARAMOUNT CONSTRUCTION VENTURES PVT LTD, a company as per the filing. Its CIN U45309KA2023PTC169781 and GSTIN 29AANCP4860H1ZW 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 Paramount Rhapsody?
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 Paramount Rhapsody?
The professionals named in the filing: Architect: GOPINATH RAJGOPAL; Engineer: GOPINATH RAJGOPAL; Chartered Accountant: SATISHA R. 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 Paramount Rhapsody?
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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