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PREMIO PHASE 2
RG-KA-86270 · RERA PRM/KA/RERA/1268/378/PR/190913/002883
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
Saved.
PREMIO PHASE 2 is a Plotted Development project by M/s BVL Developers in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/190913/002883 on 13 Sep 2019. Possession is promised by 30 Sep 2023. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NamePREMIO PHASE 2
- TypePlotted Development
- Location
- MYSORE
- PincodeNot stated
- RERA no.PRM/KA/RERA/1268/378/PR/190913/002883
- ReraGenie IDRG-KA-86270
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on13 Sep 2019
- Promised completion30 Sep 2023
- Revised completionRevised to 30 Sep 2023 (originally 31 Dec 2022)
- BuildingsNot stated in filing
- Documents filed52 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.
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.
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed52
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/190913/002883 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: Incorporation Certificate.pdf | - |
| MUDA letter | - |
| Phase-2 Plan Approval | - |
| General power of attority | - |
| MR | - |
| Sale Deed | - |
| RTC | - |
| Project Specification | - |
| EC | - |
| Affidavit | - |
| JDA Affidavit | - |
| Katha Undertaking Letter | - |
| Joint development agreement Phase- 2 | - |
| Conversion Order | - |
| BVL Developers Architect Details | - |
| BWSSB | - |
| pollution control board phase-2 | - |
| Legal Openion | - |
| Balance Sheet 2017 - 2018File: Financial Dcouments Letter.pdf | - |
| Balance Sheet 2016 - 2017File: Financial Dcouments Letter.pdf | - |
| Balance Sheet 2015 - 2016File: Financial Dcouments Letter.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: Financial Dcouments Letter.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: Financial Dcouments Letter.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: Financial Dcouments Letter.pdf | - |
| Director's Report 2017 - 2018File: Financial Dcouments Letter.pdf | - |
| Director's Report 2016 - 2017File: Financial Dcouments Letter.pdf | - |
| Director's Report 2015 - 2016File: Financial Dcouments Letter.pdf | - |
| Cash Flow Statement 2017 - 2018File: Financial Dcouments Letter.pdf | - |
| Cash Flow Statement 2016 - 2017File: Financial Dcouments Letter.pdf | - |
| Auditor's Report 2017 - 2018File: Financial Dcouments Letter.pdf | - |
| Auditor's Report 2016 - 2017File: Financial Dcouments Letter.pdf | - |
| Auditor's Report 2015 - 2016File: Financial Dcouments Letter.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: Financial Dcouments Letter.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: Financial Dcouments Letter.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: Financial Dcouments Letter.pdf | - |
| Form B | - |
| Prospectus/BrochureFile: Broucher.pdf | - |
| Advertisement Copy 1File: Advertisement copy.jpg | - |
| Plot Excel SheetFile: PRM_KA_RERA_1268_378_PR_190913_002883.xlsx | - |
| Final plan technical sanction LetterFile: PHASE-2,ENG NOC.pdf | - |
| Final layout plan sanctionedFile: Plan 100%.pdf | - |
| Completion CertificateFile: Project Final Approval 100%.pdf | - |
| Site release order Copies(1st,2nd phase and final release order)File: Project Final Approval 100%.pdf | - |
| Relinquishment deed executed handed over detailsFile: Reliquishment Deed.pdf | - |
| Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: NOC UGD Phase 2.pdf | - |
| Certificate issued by the Karnataka Urban Water supplyFile: NOC UGD Phase 2.pdf | - |
| Certificate issued by the concerned power supply(ESCOM'S)File: NOC UGD Phase 2.pdf | - |
| Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: NOC CESCOM Phase 2.pdf | - |
| Chartered Accountant Certificate (Form-4)File: Form-4 (1).pdf | - |
| Architect's Certificate (Form-5)File: Form -5 Architect (QU) (1).pdf | - |
| Engineer's Certificate (Form-6)File: Rera Form-6_compressed.pdf | - |
| Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Completion Affidavit.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.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| PREMIO PHASE 1 | - | Ongoing | Dec 2021 | Not delivered |
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Computed across the 700+ Mysore projects on ReraGenie, from their own filings.
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Builder: M/s BVL Developers
M/s BVL Developers has 2 registrations on RERA Karnataka, including PREMIO PHASE 1 and PREMIO PHASE 2. Its filings declare 1 earlier project, 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 PREMIO PHASE 2 is delayed beyond 30 Sep 2023?
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 PREMIO PHASE 2?
The registered promoter entity is M/s BVL Developers, 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 PREMIO PHASE 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.
What should I check before booking in PREMIO PHASE 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; 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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