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Registration approved Residential/Group Housing project

Pride Pegasus

By Pride and Expert Properties Private Limited

RG-KA-21605 · RERA PRM/KA/RERA/1251/446/PR/210130/003809 · Last updated on RERA Karnataka portal: 18 Jan 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
Jun 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 95 documents Report an error

Pride Pegasus is a Residential/Group Housing project by Pride and Expert Properties Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/210130/003809 on 30 Jan 2021. Possession is promised by 30 Jun 2023.

At a glance

Project

  • NamePride Pegasus
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/210130/003809
  • ReraGenie IDRG-KA-21605

Builder

  • NamePride and Expert Properties Private Limited
  • Entity typeCompany
  • Authorized SignatoryB R Ravindra
  • DirectorsB R Ravindra, Siddharth Rajgarhia, Arvind Premchand Jain, Murailal Saraogi, Sanwar Mal Jain
  • Declared earlier projects3 →

Key dates

this monthRegisteredJan 2021PromisedJun 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on30 Jan 2021
  • Promised completion30 Jun 2023
  • Revised completionNone
  • Buildings2 building records
  • Documents filed95 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK-1---1040104
BLOCK-2---1040104

The full filing

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

Construction progress by building1

As on 18 Jan 2021, the date of the latest filing. 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)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities43

As on 18 Jan 2021, the date of the latest filing. 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 & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesNoNot applicable
Provision for treatment and disposal of sewage and sullage waterYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksNoNot applicable
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
Multi Purpose HallYes-
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 staffNoNot applicable
Water conservation and renewable energyYes-

Land and ownership1

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

Land area7,183 sq m
Named landowners1
LandownerVillageDistrict
Hennur Properties LLP--

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 71.25 cr

Certifying professionals and partners2

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

RoleName
ArchitectAbhikalpan Architects & Planners
EngineerG A Bhilare Consultants Pvt Ltd

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed95

As listed on the registration, under the names the promoter filed them with; the newest 80 of 95 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/210130/003809 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Attested PANFile: Attested PAN.pdf18 Jan 2021
Auditor Report 2019-20File: Auditor Report 2019-20.pdf18 Jan 2021
Balance Sheet 2019-20File: Balance Sheet 2019-20.pdf18 Jan 2021
Cash Flow Statement 2019-20File: Cash Flow Statement 2019-20.pdf18 Jan 2021
ITR Acknowledgement 2019-20File: ITR ACK 2019-20.pdf18 Jan 2021
Profit and Loss Account 2019-20File: Profit and Loss Account 2019-20.pdf18 Jan 2021
Profit and Loss Account 2018-19File: Audited Profit and Loss Statement 2018-19.pdf18 Jan 2021
Auditor Report 2018-19File: Auditor Report 2018-19.pdf18 Jan 2021
Balance Sheet 2018-19File: Balance Sheet 2018-19.pdf18 Jan 2021
Cash Flow Statement 2018-19File: Cashflow Statement 2018-19.pdf18 Jan 2021
Directors Report 2018-19File: Directors Report 2018-19.pdf18 Jan 2021
ITR Acknowledgement 2018-19File: ITR Acknowlegment for 2018-19.pdf18 Jan 2021
RERA Authority order dated 19.09.2020File: RERA - Order dt. 19.09.2020.pdf18 Jan 2021
Commencement CertificateFile: 8 Commencement Certificate for Block 1 and 2.pdf18 Jan 2021
CertificateFile: 1 IOC -Pride & Expert Properties Pvt Ltd.pdf-
8 Commencement Certificate for Block 1 and 2-
9 Approved Building Plan-
10 Approved Layout Plan-
17 Proforma of Sale Deed-
11 Proforma of Agreement of Sale-
12 Sale Deed & RTC-
13 Approved Section of Building-
14 Area Development Plan - Pegasus-
15 Proforma - Allotment Letter - PRIDE PEGASUS-
16 Brochure-
18 Project Specifications -Pegasus-
7 Encumbrance Certificate --
21 Section 3(1) Notarized Affidavit-
22 JD Affidavit from Promoter and Landowner-
23 Khatha-
19 Development Agreement-
Unnamed document-
24 Conversion Order-
Unnamed document-
DRC-
DRC-
Relinquishment Deed-
NOC - Fire Depatment-
NOC - Airport Authority of India-
NOC - Bescom-
NOC - BWSSB-
NOC - Karnataka Pollution Board-
NOC - Environmental-
NOC - BSNL-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
28 Certificate from Registered Engineer indicating the structural safety of the building (-
Unnamed document-
25 Existing Layout Plan-
26 Existing Section Plan and Specification-
27 Change of Land Use-
29 Indus Law Opinion-
Balance Sheet 2019 - 2020File: Balance Sheet.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet.pdf-
Balance Sheet 2017 - 2018File: Balance Sheet.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Audited Profit and Loss Statement.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Audited Profit and Loss Statement.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Audited Profit and Loss Account.pdf-
Director's Report 2019 - 2020File: Directors Report.pdf-
Director's Report 2018 - 2019File: Director Report.pdf-
Director's Report 2017 - 2018File: DIRECTOR'S REPORT.pdf-
Cash Flow Statement 2019 - 2020File: Cashflow Statement.pdf-
Cash Flow Statement 2018 - 2019File: Cash Flow Statement.pdf-
Auditor's Report 2019 - 2020File: Auditor Report.pdf-
Auditor's Report 2018 - 2019File: Auditor Report.pdf-
Auditor's Report 2017 - 2018File: AUDIT REPORT.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR Acknowlegment for AY 2019-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR Acknowledgement AY 2018-19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR Acknowledgement.pdf-
20 Declaration (Form-B)-
Prospectus/BrochureFile: BROCHURE.pdf-
Advertisement Copy 1File: Ad - 1.jpeg-
Advertisement Copy 2File: Ad - 2.jpeg-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_210130_003809.xlsx-

Promoter's earlier projects3

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 date2 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Pride Enchanta Phase II-OngoingOct 2021Not delivered
Pride Springfields-Completed-No date filed
Pride Enchanta Phase I-Completed-No date filed

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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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Builder: Pride and Expert Properties Private Limited

Pride and Expert Properties Private Limited has 1 registration on RERA Karnataka, including Pride Pegasus. Its filings declare 3 earlier projects, 2 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 Pride Pegasus is delayed beyond 30 Jun 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 Pride Pegasus?

The registered promoter entity is Pride and Expert Properties Private Limited, a company 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 Pride Pegasus?

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 Pride Pegasus?

The professionals named in the filing: Architect: Abhikalpan Architects & Planners; Engineer: G A Bhilare Consultants Pvt Ltd. 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 Pride Pegasus?

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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