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Registration approved Residential/Group Housing project

PINNACLE

By GLOBAL GREENS BUILDERS AND DEVELOPERS S S PRASAD AND N BRAHMANANDA

RG-KA-79653 · RERA PRM/KA/RERA/1251/310/PR/190823/002812

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 50 documents Report an error

PINNACLE is a Residential/Group Housing project by GLOBAL GREENS BUILDERS AND DEVELOPERS S S PRASAD AND N BRAHMANANDA in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/190823/002812 on 23 Aug 2019. Possession is promised by 30 Sep 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NamePINNACLE
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/190823/002812
  • ReraGenie IDRG-KA-79653

Builder

  • NameGLOBAL GREENS BUILDERS AND DEVELOPERS S S PRASAD AND N BRAHMANANDA
  • Entity typePartnership Firm
  • Authorized SignatoryS S PRASAD
  • OthersBRAMANANDA M

Key dates

this monthRegisteredAug 2019First promiseDec 2020Revised toSep 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on23 Aug 2019
  • Promised completion30 Sep 2021
  • Revised completionRevised to 30 Sep 2021 (originally 30 Dec 2020)
  • BuildingsNot stated in filing
  • Documents filed50 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 area2,478 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 17.00 cr

Extensions applied for1

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

ExtensionDec 2020 → Sep 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed50

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/190823/002812 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: COMPANY REGISTRATION CERTIFICATE.pdf-
Architect Certificate for Work Completion Schedule till DateFile: commencement certificate.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: CONVERSION CERTIFICATES.pdf-
CA Certificate for Funds UtilizationFile: conversion deed.pdf-
Architect Certificate for Pending Work Completion Schedule.File: commencement certificate.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: reraDocument (3).pdf-
CA Certificate for Funds required for Project CompletionFile: reraDocument (3).pdf-
AffidavitFile: DECLARATION FORM B (1).pdf-
Latest Encumbrance CertificateFile: Encumbrance Certificate -pdf_compressed-compressed.pdf-
Details Of Sold/ Un-sold UnitsFile: reraDocument (4).pdf-
Document 1File: partnershipdeed.pdf-
commencement certificate-
10 APPROVED BUILDING OR PLOTTING PLAN & BBMP LICENSE (1)-
10 APPROVED BUILDING OR PLOTTING PLAN & BBMP LICENSE (1)-
PERFORMA OF SALE DEED-
PERFORMA OF SALE AGREEMENT-
SALE DEED AND RTC FINAL-
10 APPROVED BUILDING OR PLOTTING PLAN & BBMP LICENSE (1)-
10 APPROVED BUILDING OR PLOTTING PLAN & BBMP LICENSE (1)-
PERFORMA OF ALLOTMENT LETTER-
GLOBAL GREENS SPECIFICATION-
GLOBAL GREENS SPECIFICATION-
NEW EC (1)-
NON-VIOLATION SECTION 3(1)-
JD BETWEEN LANDOWNER AND PROMOTER-
KHATHA-
JOINT DEVELOPMENT AGREEMENT & RTC-
CONVERSION CERTIFICATES-
KSPCB NOC-
APPROVED SECTION OF BUILDING OR PLOTTING PLAN FINALIZED-
APPROVED SECTION OF BUILDING OR PLOTTING PLAN FINALIZED-
CONVERSION CERTIFICATES-
Balance Sheet 2017 - 2018File: BALANCE SHEET FOR 2018-19.pdf-
Balance Sheet 2016 - 2017File: BALANCE SHEET FOR 2017-18.pdf-
Balance Sheet 2015 - 2016File: BALANCE SHEET FOR 2016-17.pdf-
Audited Profit and Loss Statement 2017 - 2018File: AUDITED PROFIT LOSS STATEMENT FOR 2018-19.pdf-
Audited Profit and Loss Statement 2016 - 2017File: AUDITED PROFIT LOSS STATEMENT FOR 2017-18.pdf-
Audited Profit and Loss Statement 2015 - 2016File: AUDITED PROFIT LOSS STATEMENT FOR 2016-17.pdf-
Director's Report 2017 - 2018File: DIRECTORS REPORT FOR 2018-19.pdf-
Director's Report 2016 - 2017File: DIRECTORS REPORT FOR 2017-18.pdf-
Director's Report 2015 - 2016File: DIRECTORS REPORT FOR 2016-17.pdf-
Cash Flow Statement 2017 - 2018File: CASH FLOW STATEMENT FOR 2018-19.pdf-
Cash Flow Statement 2016 - 2017File: CASH FLOW STATEMENT FOR 2017-18.pdf-
Auditor's Report 2017 - 2018File: AUDITOR REPORT FOR 3 YR 2018-19.pdf-
Auditor's Report 2016 - 2017File: AUDITOR REPORT FOR 3 YR 2017-18.pdf-
Auditor's Report 2015 - 2016File: AUDITOR REPORT FOR 3 YR 2016-17.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: INCOME TAX RETURN ACKNOWLEDGEMENT FOR 2018-19.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: INCOME TAX RETURN ACKNOWLEDGEMENT FOR 2017-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: INCOME TAX RETURN ACKNOWLEDGEMENT FOR 2016-17.pdf-
DECLARATION 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: GLOBAL GREENS BUILDERS AND DEVELOPERS S S PRASAD AND N BRAHMANANDA

GLOBAL GREENS BUILDERS AND DEVELOPERS S S PRASAD AND N BRAHMANANDA has 1 registration on RERA Karnataka, including PINNACLE. 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 PINNACLE is delayed beyond 30 Sep 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 PINNACLE?

The registered promoter entity is GLOBAL GREENS BUILDERS AND DEVELOPERS S S PRASAD AND N BRAHMANANDA, 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 PINNACLE?

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 PINNACLE?

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 PINNACLE. 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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