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Registration approved No litigation declared Plotted Development project

Prashanth Chaya Layout 3

By RAJ AND RAJ INVESTMENTS

RG-KA-85673 · RERA PRM/KA/RERA/1268/378/PR/191022/005336 · Last updated on RERA Karnataka portal: 13 Oct 2022

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 87 documents Report an error

Prashanth Chaya Layout 3 is a Plotted Development project by RAJ AND RAJ INVESTMENTS in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/191022/005336 on 19 Oct 2022. Possession is promised by 31 Dec 2024.

At a glance

Project

  • NamePrashanth Chaya Layout 3
  • TypePlotted Development
  • Location
    • MYSORE
    • 571311
  • Pincode571311
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1268/378/PR/191022/005336
  • ReraGenie IDRG-KA-85673

Builder

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

Key dates

this monthRegisteredOct 2022PromisedDec 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 Oct 2022
  • Promised completion31 Dec 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed87 files

The full filing

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

Land and ownership3

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

Named landowners3
LandownerVillageDistrict
Raj and Raj Investments--
Raj and Raj Investments--
Raj and Raj Investments--

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 3.49 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 3.49 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 filed87

As listed on the registration, under the names the promoter filed them with; the newest 80 of 87 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1268/378/PR/191022/005336 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
AffidavitFile: Affidavit.pdf13 Oct 2022
Estimated cost of construction certified by the Engineer.File: Engineer Certificate.pdf20 Sep 2022
Proforma of Agreement for Sale as notified by the GOKFile: Agreement of Sale Proforma New Format.pdf20 Sep 2022
NOC issued by water supply authorityFile: Water Noc.pdf20 Sep 2022
Reply letterFile: Reply letter.pdf20 Sep 2022
Chartered accountant certificateFile: CA Certificate.pdf1 Sep 2022
Bank account name should be as per bank account direction circularFile: RERA Bank account.pdf1 Sep 2022
Form bFile: form b.pdf1 Sep 2022
EC separtley syno wise for all syno from 01/05/2005 to upto date in form 15File: EC 34_2.pdf1 Sep 2022
EC separtley syno wise for all syno from 01/05/2005 to upto date in form 15File: EC 34_3 (old no 34_1).pdf1 Sep 2022
EC separtley syno wise for all syno from 01/05/2005 to upto date in form 15File: EC 35.pdf1 Sep 2022
Certified copy obtained by the concerned Sub-registrar regarding value of the property on the basisFile: Sub registrar Guidance Value.pdf1 Sep 2022
Clear and legible Layout MapFile: Layout Plan.pdf1 Sep 2022
Layout Work OrderFile: Layout Work Order.pdf1 Sep 2022
Update the cost details as per certificates issued by the CA and Engineer.File: Reply Letter.pdf1 Sep 2022
Estimated cost of construction certified by the Engineer.File: Form 3.pdf1 Sep 2022
Proforma of Allotment LetterFile: Reply Letter.pdf1 Sep 2022
Section 3(1) notarized affidavit by incorporating with the project name, Project Address and Ack. nuFile: form c.pdf1 Sep 2022
Project specificationFile: Project Specifications FINAL.pdf1 Sep 2022
STP/Septic TankFile: STP Drawing.pdf1 Sep 2022
NOC issued by power supply authorityFile: PCL3 Electrical NOC.pdf1 Sep 2022
in 2018-19 financial statements UDIN notvisibleFile: Form 3CD.pdf11 Aug 2022
Upload sanction planFile: Layout Plan.pdf11 Aug 2022
sale deed from b sathish to promoter for syno 35File: Sale Deed_Satish to RR.pdf11 Aug 2022
title deed to b sathish for syno 35File: Title Deed - syno 35.pdf11 Aug 2022
title deed to s a shanta for syno 34/2File: Title Deed - syno 34_2.pdf11 Aug 2022
title deed to s a shanta for syno 34/3File: Title Deed - syno 34_3.pdf11 Aug 2022
MR for syno 34/3 and 35File: Mutation.pdf11 Aug 2022
partnership deedFile: Partnership Deed RR.pdf11 Aug 2022
Development Details ( Bifurcation of Type of Inventories/Flats/Sites/Plots/ Villas ) relevant DetailFile: Reply letter.pdf11 Aug 2022
Area details in the Project Details page not updated as per the layout drawing.(open and covered areFile: Reply letter.pdf11 Aug 2022
Layout Map.File: Layout Plan.pdf11 Aug 2022
Layout Work OrderFile: Layout Work Order.pdf11 Aug 2022
Status of Common Areas To be Relinquished to local Authority / Planning Authority The number of parkFile: Reply letter.pdf11 Aug 2022
Development Details ( Bifurcation of Type of Inventories/Flats/Sites/Plots/ Villas ) Area of exclusiFile: Reply letter.pdf11 Aug 2022
RTC, survey 34/2-
Mutation, survey 34/2-
Encumbrance Certificate, survey 34/2-
Conversion/Alienation Order, survey 34/2-
Sale/Title/Gift Deed, survey 34/2-
Khatha, survey 34/2-
RTC, survey 34/3-
Mutation, survey 34/3-
Encumbrance Certificate, survey 34/3-
Conversion/Alienation Order, survey 34/3-
Sale/Title/Gift Deed, survey 34/3-
Khatha, survey 34/3-
RTC, survey 35-
Mutation, survey 35-
Encumbrance Certificate, survey 35-
Conversion/Alienation Order, survey 35-
Sale/Title/Gift Deed, survey 35-
Khatha, survey 35-
Registration CertificateFile: RC R&R.pdf-
Partnership DeedFile: Partnership Deed RR.pdf-
Partner Details-
Partner Details-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Affidavit_no litigation.pdf-
Balance Sheet 2020 - 2021File: Balance Sheet 2020-21.pdf-
Balance Sheet 2019 - 2020File: Balance Sheet 2019-20.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet 2018-19.pdf-
Audited Profit and Loss Statement 2020 - 2021File: P&L 2020-21.pdf-
Audited Profit and Loss Statement 2019 - 2020File: profit and loss account 2019-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: profit and loss account 2018-19.pdf-
Cash Flow Statement 2020 - 2021File: cash flow -2020-21.pdf-
Cash Flow Statement 2019 - 2020File: cash flow 2019-20.pdf-
Auditor's Report 2020 - 2021File: Audit report 2020 -21.pdf-
Auditor's Report 2019 - 2020File: Audit report 2019-20 (1).pdf-
Auditor's Report 2018 - 2019File: Auditors report 2018-19.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: income tax acknowledgem for 2019-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: income tax acknowledgem 2018-19.pdf-
Conversion Order project 2_compressed-
Conversion Order project 2_compressed-
Relinquishment deed-compressed-
Plot Excel SheetFile: Prashanth Chaya Layout 3 Updated.xlsx-
Final plan technical sanction LetterFile: Final Approval.pdf-
Completion CertificateFile: Completion details.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed.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 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Prashanth Chaya layoutJanthagally, Varuna,HobliCompleted-No date filed

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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Other projects near Mysore700+ in Mysore

2 kmPrashanth Chaya Layout 3Other 37Dot size: filed unitsN

Filed coordinates, straight-line distance. 37 registered projects within 2 km.

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 3 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 3?

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 3?

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 3?

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 3?

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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