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Registration approved Residential/Group Housing project

Prestige Park Square

By Prestige Southcity Holdings

RG-KA-92483 · RERA PRM/KA/RERA/1251/310/PR/180313/002634

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
Feb 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 50 documents Report an error

Prestige Park Square is a Residential/Group Housing project by Prestige Southcity Holdings in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180313/002634 on 13 Mar 2018. Possession is promised by 23 Feb 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NamePrestige Park Square
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/180313/002634
  • ReraGenie IDRG-KA-92483

Builder

  • NamePrestige Southcity Holdings
  • Entity typePartnership Firm
  • Authorized SignatorySwaroop Anish
  • OthersN Kumar Swamy
  • Other registrations4 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMar 2018First promiseMay 2022Revised toFeb 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on13 Mar 2018
  • Promised completion23 Feb 2023
  • Revised completionRevised to 23 Feb 2023 (originally 23 May 2022)
  • Buildings3 building records
  • Documents filed50 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Tower-1 (Building 1 & Building 2)---1930193
Tower-2 (Building 1, Building 2 & Clubhouse)---2000200
Tower 3 (Building 1 & Building 2)---1930193

The full filing

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

Construction progress by building1

The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationNoNot applicable
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionYes-
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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 area32,881 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 272.93 cr

Certifying professionals and partners2

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

RoleName
ArchitectZachariah Consultants
EngineerPrasad Consultants

Extensions applied for1

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

ExtensionMay 2022 → Feb 2023

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/180313/002634 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: South City-Partnership.pdf-
BBMP-
Development Plan-
Site Plan-
Draft Sale Deed PS (RERA)-
Draft AGS PS (RERA)-
SD-Syeda Bibi Sadiqa-
Section-
PPS - CDP-
Intimation of Allotment Letter RERA - Park Square-
Park square Brochure14x10_1-
SPECIFICATIONS FOR PRESTIGE PARK SQUARE-
EC-
Katha Amalgamated-
JDA-
GPA-
OM-Combined-
Fire-
AAI-
BESCOM-NOC-
BWSSB-
PCB-
EC-
BSNL-
Unnamed document-
Elevation-
Development Plan-
Section-
CLU-BMICP-
Opinion-
Balance Sheet 2016 - 2017File: SOUTHCITY-BALANCE SHEET-2016.pdf-
Balance Sheet 2015 - 2016File: SOUTHCITY BALANCE SHEET- 2015.pdf-
Balance Sheet 2014 - 2015File: SOUTHCITY BALANCE SHEET2014.pdf-
Audited Profit and Loss Statement 2016 - 2017File: SOUTHCITY P&L-2016.pdf-
Audited Profit and Loss Statement 2015 - 2016File: SOUTHCITY P & L- 2015.pdf-
Audited Profit and Loss Statement 2014 - 2015File: SOUTHCITY-P&L-2014.pdf-
Cash Flow Statement 2016 - 2017File: PSH_Cash flow statement_Mar 17.pdf-
Auditor's Report 2016 - 2017File: PSS AR16.pdf-
Auditor's Report 2015 - 2016File: PSS AR- 2015.pdf-
Auditor's Report 2014 - 2015File: PSS AR 14.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: PSH 16-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: PSH 15-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: PSH 14-15.pdf-
Form B-
Prospectus/BrochureFile: Prestige Park Square Brochure.pdf-
Advertisement Copy 1File: 25X40 CM AD.jpg-
Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_180313_002634.xlsx-
Occupancy CertificateFile: OCCUPANCY CERTIFICATE.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Park Square.pdf-
Completion CertificateFile: COMPLETION CERTIFICATE.pdf-

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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: Prestige Southcity Holdings

PRESTIGE SOUTHCITY HOLDINGS has 5 registrations on RERA Karnataka, including Prestige Jindal City-Phase II and Prestige Jindal City Phase-I. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Prestige Park Square is delayed beyond 23 Feb 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 Prestige Park Square?

The registered promoter entity is Prestige Southcity Holdings, 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 Prestige Park Square?

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 Prestige Park Square?

The professionals named in the filing: Architect: Zachariah Consultants; Engineer: Prasad Consultants. 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 Prestige Park Square?

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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