Home / Browse projects / Bengaluru Rural, Karnataka / PRESTIGE PARKDRIVE-Ph-2
PRESTIGE PARKDRIVE-Ph-2
By PRESTIGE HOSPITALITY VENTURES LIMITED
RG-KA-02061 · RERA PRM/KA/RERA/1250/303/PR/210525/004161 · Last updated on RERA Karnataka portal: 18 May 2021
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
PRESTIGE PARKDRIVE-Ph-2 is a Plotted Development project by PRESTIGE HOSPITALITY VENTURES LIMITED in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/210525/004161 on 25 May 2021. Possession is promised by 31 May 2022.
At a glance
Project
- NamePRESTIGE PARKDRIVE-Ph-2
- TypePlotted Development
- Location
- Devanahalli
- Bengaluru Rural
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1250/303/PR/210525/004161
- ReraGenie IDRG-KA-02061
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on25 May 2021
- Promised completion31 May 2022
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed64 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership2
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Gopala Gowda | - | - |
| TRISHUL BUILDTECH AND INFRASTRUCTURES LTD | - | - |
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Poornakriti |
| Engineer | Adarshila Structural Consultants |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed64
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/1250/303/PR/210525/004161 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Sale Deed-ByregowdaFile: Sale deed Byregowda.pdf | 18 May 2021 |
| Family Tree of ByregowdaFile: Family Tree.pdf | 18 May 2021 |
| IHC in the name of Munegowda after the death of ByregowdaFile: IHC.pdf | 18 May 2021 |
| RTC old in the name of MunegowdaFile: Old RTC.pdf | 18 May 2021 |
| RTC in the name of MunegowdaFile: New RTC.pdf | 18 May 2021 |
| Confirmation letter from Kotak Bank is attachedFile: RERA AC Declaration PDD Ph II- RERA.pdf | 13 May 2021 |
| Sale Deed Sy.No.52File: 52-sd.pdf | 13 May 2021 |
| GPA-52File: 52.pdf | 13 May 2021 |
| Affidavit under section 3 (1) is attachedFile: Marketing Affidavit.pdf | 13 May 2021 |
| Area statement approved by the architect is attachedFile: Architecht-details.pdf | 13 May 2021 |
| Demarcation of the phasing Plan is attachedFile: Phasing plan final.pdf | 13 May 2021 |
| Form B is attachedFile: Form B-franked.pdf | 13 May 2021 |
| CertificateFile: PHVL-COI.pdf | - |
| PS letter | - |
| Sanction Plan | - |
| Sanction Plan | - |
| DRAFT SAL DEED - PARK DRIVE 10-02-2020 | - |
| Draft AGS PPD Phase II 21-04-2021 | - |
| SD - Consolidated | - |
| Sanction Plan | - |
| biappa | - |
| Allotment Letter Sample | - |
| Brochure | - |
| Specification | - |
| EC Consolidated | - |
| Parkdrive-Joint affidavit | - |
| Panchayath Khatha | - |
| JDA - Consolidated | - |
| JDA - Consolidated | - |
| OMC | - |
| BESCOM | - |
| Water NOC | - |
| KSPCB Letter | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Sanction Plan | - |
| Opinion | - |
| Balance Sheet 2019 - 2020File: Auditors Report -Mar20.pdf | - |
| Balance Sheet 2018 - 2019File: Balance Sheet -Mar19.pdf | - |
| Balance Sheet 2017 - 2018File: Balance Sheet -Mar18.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: P & L Statement -Mar20.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: P & L Statement -Mar19.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: P & L Statement -Mar18.pdf | - |
| Director's Report 2019 - 2020File: Director's Report 2018.pdf | - |
| Director's Report 2018 - 2019File: Director's Report 2017.pdf | - |
| Director's Report 2017 - 2018File: Director's Report 2017.pdf | - |
| Cash Flow Statement 2019 - 2020File: Cashflow Statement -Mar20.pdf | - |
| Cash Flow Statement 2018 - 2019File: Cashflow Statement -Mar19.pdf | - |
| Auditor's Report 2019 - 2020File: Auditors Report -Mar20.pdf | - |
| Auditor's Report 2018 - 2019File: Auditors Report -Mar19.pdf | - |
| Auditor's Report 2017 - 2018File: Auditors Report -Mar18.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR PHVL 6 AY 19-20.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR PHVL 6 AY 18-19.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITR PHVL 6 AY 18-19.pdf | - |
| Form B | - |
| Prospectus/BrochureFile: Park Drive - 2 Brochure.pdf | - |
| Plot Excel SheetFile: PRM_KA_RERA_1250_303_PR_210525_004161.xlsx | - |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Bengaluru Rural
Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.
Keep PRESTIGE PARKDRIVE-Ph-2 on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near Bengaluru Rural650+ in Bengaluru Rural
Filed coordinates, straight-line distance. 16 registered projects within 2 km.
BARCA AT GODREJ MSR CITY
M S RAMAIAH VENTURES LLP
Ozone Urbana
Ozone Urbana Infra Developers Pvt Ltd
Pashmina Brookwoods
Shashwati Realty Pvt Ltd
Godrej Royale Woods
Godrej Projects North Star LLP
Prestige Jindal City-Phase II
PRESTIGE SOUTHCITY HOLDINGS
Provident Botanico
Provident Housing Limited
See every Bengaluru Rural project, with the district possession charts
Builder: PRESTIGE HOSPITALITY VENTURES LIMITED
PRESTIGE HOSPITALITY VENTURES LIMITED has 3 registrations on RERA Karnataka, including Prestige Park Drive - Phase 3 and PRESTIGE PARKDRIVE. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if PRESTIGE PARKDRIVE-Ph-2 is delayed beyond 31 May 2022?
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 PARKDRIVE-Ph-2?
The registered promoter entity is PRESTIGE HOSPITALITY VENTURES LIMITED, a company as per the filing. Its CIN U45500KA2017PLC109059 can be cross-checked on the MCA and GST portals. 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 PARKDRIVE-Ph-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 PRESTIGE PARKDRIVE-Ph-2?
The professionals named in the filing: Architect: Poornakriti; Engineer: Adarshila Structural 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 PARKDRIVE-Ph-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.
Report an error Share feedback