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Registration approved No litigation declared Plotted Development project

PRASHANTH CHAYA LAYOUT 2

By RAJ AND RAJ INVESTMENTS

RG-KA-91917 · RERA PRM/KA/RERA/1268/378/PR/161123/006410 · Last updated on RERA Karnataka portal: 7 Oct 2023

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Dec 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 118 documents Report an error

PRASHANTH CHAYA LAYOUT 2 is a Plotted Development project by RAJ AND RAJ INVESTMENTS in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/161123/006410 on 16 Nov 2023. Possession is promised by 31 Dec 2024.

At a glance

Project

  • NamePRASHANTH CHAYA LAYOUT 2
  • TypePlotted Development
  • Location
    • MYSORE
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1268/378/PR/161123/006410
  • ReraGenie IDRG-KA-91917

Builder

  • NameRAJ AND RAJ INVESTMENTS
  • Entity typePartnership Firm
  • Authorized SignatoryS Paniraj
  • Other registrations1 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredNov 2023PromisedDec 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 Nov 2023
  • Promised completion31 Dec 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed118 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership6

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners6
LandownerVillageDistrict
Raj and RajInvestments--
Raj and RajInvestments--
Raj and RajInvestments--
Raj and RajInvestments--
Raj and RajInvestments--
Raj and RajInvestments--

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 4.11 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 4.11 cr-

Certifying professionals and partners2

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

RoleName
EngineerMR Ramesh
Chartered AccountantManju k

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed118

As listed on the registration, under the names the promoter filed them with; the newest 80 of 118 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1268/378/PR/161123/006410 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Balance sheet & Profit & loss Acccount 2019-20File: BS & P and L Account 2019-20.pdf7 Oct 2023
Balance sheet & Profit & loss Acccount 2020-21File: BS & P and L Account 2020-21.pdf7 Oct 2023
Balance sheet & Profit & loss Acccount 2021-22File: BS & P and L Account 2021-22.pdf7 Oct 2023
Form-6 & Detailed Project CostFile: Form-6.pdf7 Oct 2023
reply letterFile: Reply letter.pdf9 Sep 2023
KUWSDB NOCFile: KUWSDB NOC.pdf9 Sep 2023
CD ReportFile: Prashanth Chaya layout 2 CD.xlsx9 Sep 2023
Work OrderFile: Work Order.pdf9 Sep 2023
licence certificate Self AttachedFile: licence certificate Self Attached.pdf9 Sep 2023
Form -3File: Form -3.pdf9 Sep 2023
Guidence Value Self AttachedFile: Sub registrar Guidance Value.jpeg9 Sep 2023
STP Drawings Self AttachedFile: STP Drawings Self Attached.pdf9 Sep 2023
land Cost Self AttachedFile: land Cost Self Attached.pdf9 Sep 2023
balance sheet, 2019-20File: Balance Sheet 2019-20.pdf23 Aug 2023
profit and loss account a 2019-20File: profit and loss account 2019-20.pdf23 Aug 2023
balance sheet, 2020-21File: Balance Sheet 2020-21.pdf23 Aug 2023
profit and loss account a 2020-21File: Profit & losss 2020-21.pdf23 Aug 2023
balance sheet, 2021-22File: Balance Sheet 2021-22.pdf23 Aug 2023
profit and loss account a 2020-21File: Profi & loss 2021-22.pdf23 Aug 2023
CA signature & UDIN Clarification letterFile: clarification letter.pdf23 Aug 2023
certificate of AuthorizationFile: Authorized Signatory_PCL2.pdf23 Aug 2023
Need EC from -1-4-2008 till date for all project s noFile: EC 592.pdf23 Aug 2023
Need EC from -1-4-2008 till date for all project s noFile: EC 661 663 664.pdf23 Aug 2023
Need EC from -1-4-2008 till date for all project s noFile: EC 662.pdf23 Aug 2023
Need EC from -1-4-2008 till date for all project s noFile: EC 67.pdf23 Aug 2023
Layout Work OrderFile: Work Order.pdf23 Aug 2023
Need guidance value certificate issued by the sub register and theproject cost need to updateFile: Sub registrar Guidance Value.jpeg23 Aug 2023
Need sale deed for sno 59/2 remining extant 1A02G out of 2A 04GFile: TitleDeed 59_2 part 1.pdf23 Aug 2023
Need sale deed for sno 59/2 remining extant 1A02G out of 2A 04GFile: Title Deed 59_2.pdf23 Aug 2023
Engineer certificateFile: Engineer Certificate.pdf23 Aug 2023
NOC issued by the concerned departmentFile: Electricity NOC & KUWSDB NOC.pdf23 Aug 2023
Agreement for Sale (AFS)File: Agreement of Sale Proforma New Format.pdf23 Aug 2023
STP design drawingFile: STP Drawing-200 KLD-PCL2.pdf23 Aug 2023
Reply letterFile: reply letter.pdf23 Aug 2023
RTC, survey 59/2-
Mutation, survey 59/2-
Encumbrance Certificate, survey 59/2-
Conversion/Alienation Order, survey 59/2-
Sale/Title/Gift Deed, survey 59/2-
Khatha, survey 59/2-
RTC, survey 66/1-
Mutation, survey 66/1-
Encumbrance Certificate, survey 66/1-
Conversion/Alienation Order, survey 66/1-
Sale/Title/Gift Deed, survey 66/1-
Khatha, survey 66/1-
RTC, survey 66/2-
Mutation, survey 66/2-
Encumbrance Certificate, survey 66/2-
Conversion/Alienation Order, survey 66/2-
Sale/Title/Gift Deed, survey 66/2-
Khatha, survey 66/2-
RTC, survey 66/3-
Mutation, survey 66/3-
Encumbrance Certificate, survey 66/3-
Conversion/Alienation Order, survey 66/3-
Sale/Title/Gift Deed, survey 66/3-
Khatha, survey 66/3-
RTC, survey 66/4-
Mutation, survey 66/4-
Encumbrance Certificate, survey 66/4-
Conversion/Alienation Order, survey 66/4-
Sale/Title/Gift Deed, survey 66/4-
Khatha, survey 66/4-
RTC, survey 67-
Mutation, survey 67-
Encumbrance Certificate, survey 67-
Conversion/Alienation Order, survey 67-
Sale/Title/Gift Deed, survey 67-
Khatha, survey 67-
Registration CertificateFile: RC R&R.pdf-
Partnership DeedFile: Partnership Deed RR.pdf-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Fom-1.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Affidavit Non Litigation.pdf-
Balance Sheet 2020 - 2021File: Audited Financials and ITR.pdf-
Balance Sheet 2019 - 2020File: Balance Sheet 202021.pdf-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Prashanth Chaya layout 3Sy No.34/2, 34/3 and 35 Marashetahalli varuna Hobli Mysore.OngoingDec 2024Not delivered

How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Builder: RAJ AND RAJ INVESTMENTS

RAJ AND RAJ INVESTMENTS has 2 registrations on RERA Karnataka, including PRASHANTH CHAYA LAYOUT 2 and Prashanth Chaya Layout 3. Its filings declare 2 earlier projects, 1 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 PRASHANTH CHAYA LAYOUT 2 is delayed beyond 31 Dec 2024?

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 PRASHANTH CHAYA LAYOUT 2?

The registered promoter entity is RAJ AND RAJ INVESTMENTS, 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 PRASHANTH CHAYA LAYOUT 2?

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 PRASHANTH CHAYA LAYOUT 2?

The professionals named in the filing: Engineer: MR Ramesh; Chartered Accountant: Manju k. 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 PRASHANTH CHAYA LAYOUT 2?

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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