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Registration transferred Residential/Group Housing project

Pearl Peridot

By Bharat And Bharath Properties

RG-KA-40165 · RERA PRM/KA/RERA/1251/308/PR/171031/001087

Source: official RERA Karnataka filing

Red flags

  • Registration transferred
  • 5 complaints at RERA Karnataka
  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • Separate project account declared
Mar 2021Possession promisedmoved 9 months from the original
5Complaints at RERA Karnatakaon this registration
Jump to the 31 documents Report an error

Pearl Peridot is a Residential/Group Housing project by Bharat And Bharath Properties in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/171031/001087 on 31 Oct 2017. Possession is promised by 29 Mar 2021. The completion date has moved by 9 months from the original filing. 5 complaints are on record with the regulator.

At a glance

Project

  • NamePearl Peridot
  • TypeResidential/Group Housing
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/171031/001087
  • ReraGenie IDRG-KA-40165

Builder

  • NameBharat And Bharath Properties
  • Entity typePartnership Firm
  • Authorized SignatoryGAURAV BHANDARI
  • OthersPEARL PERIDOT

Key dates

this monthRegisteredOct 2017First promiseJun 2020Revised toMar 2021

Key facts

Registration and timeline

  • StatusRegistration transferred
  • Registered on31 Oct 2017
  • Promised completion29 Mar 2021
  • Revised completionRevised to 29 Mar 2021 (originally 29 Jun 2020)
  • BuildingsNot stated in filing
  • Documents filed31 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 area2,654 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 14.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectA.Mridul Architect
EngineerBhadya Engineering Services Pvt. Ltd.

Extensions applied for1

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

ExtensionJun 2020 → Mar 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka5

Case no.ComplainantRespondentFiled
CMP/190519/0003088-Bharat And Bharath Properties19/05/2019
CMP/200314/0003114-Bharat And Bharath Properties14/03/2020
CMP/200630/0005720-Bharat And Bharath Properties30/06/2020
CMP/200909/0005718-Bharat And Bharath Properties09/09/2020
CMP/200909/0006548-Bharat And Bharath Properties09/09/2020

Documents filed31

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/171031/001087 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: FORM D REGISTRATION CERTIFICATE.pdf-
CC-
Plan-
Layout Plan-
ATS DRAFT-
Sale Deed-
44- Approved Plan-
Muthanalu V Plan-
Pearl Peridot ebrochure-
NOC-
SP-
EC-
E Katha 242A-
Balance Sheet 2015 - 2016File: BBP - Balance Sheet 2016.pdf-
Balance Sheet 2014 - 2015File: BBP - Blance Sheet- 2015.pdf-
Balance Sheet 2013 - 2014File: BBP Blance Sheet - 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: BBP - P & L Ac - 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: BBP - P & L 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: BBP P & L - 2014.pdf-
Director's Report 2015 - 2016File: Not Apple.pdf-
Director's Report 2014 - 2015File: Not Apple.pdf-
Director's Report 2013 - 2014File: Not Apple.pdf-
Cash Flow Statement 2015 - 2016File: Not Apple.pdf-
Cash Flow Statement 2014 - 2015File: Not Apple.pdf-
Auditor's Report 2015 - 2016File: BBP AUDITOR Report - 2016.pdf-
Auditor's Report 2014 - 2015File: BBP - Auditor Report - 2015.pdf-
Auditor's Report 2013 - 2014File: BBP Auditor Report- 2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: BBP ITR 2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: BBP- ITR - 2015.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: BBP ITR- 2014.pdf-
Form B-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 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: Bharat And Bharath Properties

Bharat And Bharath Properties has 1 registration on RERA Karnataka, including Pearl Peridot. 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 Pearl Peridot is delayed beyond 29 Mar 2021?

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 Pearl Peridot?

The registered promoter entity is Bharat And Bharath Properties, a partnership 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 Pearl Peridot?

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 Pearl Peridot?

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 Pearl Peridot?

The professionals named in the filing: Architect: A.Mridul Architect; Engineer: Bhadya Engineering Services Pvt. Ltd.. 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 Pearl Peridot?

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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About Pearl Peridot. 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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