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Registration approved No litigation declared Plotted Development project

PRIMROSE-2

By IPRMS Invent

RG-KA-40787 · RERA PRM/KA/RERA/1251/308/PR/050924/006998

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • Completion date never moved
  • Separate project account declared
Jump to the 120 documents Report an error

PRIMROSE-2 is a Plotted Development project by IPRMS Invent in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/050924/006998 on 5 Sep 2024. Possession is promised by 31 Dec 2026.

At a glance

Project

  • NamePRIMROSE-2
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/050924/006998
  • ReraGenie IDRG-KA-40787

Builder

  • NameIPRMS Invent
  • Entity typePartnership Firm
  • Authorized SignatoryAbhishek Mudram
  • Other registrations1 more →

Key dates

this monthRegisteredSep 2024PromisedDec 2026

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on5 Sep 2024
  • Promised completion31 Dec 2026
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed120 files

The full filing

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

Land and ownership10

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

Named landowners10
LandownerVillageDistrict
IPRMS Elite LLP--
IPRMS Elite LLP--
V Ramakrishna reddy--
IPRMS Elite LLP--
Systech IT Solution Pvt Ltd--
IPRMS Elite LLP--
V Ramakrishna Reddy--
Systech IT Solution Pvt Ltd--
M Ravichandra--
M Ravichandra--

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 5.69 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 5.46 cr-
On-site expenditure-Site OverheadRs 10.00 lakh-
On-site expenditure-Salaries of workersRs 5.00 lakh-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 5.00 lakh-
On-site expenditure-Consultants FeesRs 3.00 lakh-

Certifying professionals and partners2

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

RoleName
EngineerVishnu kumar
Chartered AccountantNarayana Rao M

Documents filed120

As listed on the registration, under the names the promoter filed them with; the newest 80 of 120 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/308/PR/050924/006998 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
RTC, survey 88/1-
Mutation, survey 88/1-
Encumbrance Certificate, survey 88/1-
Conversion/Alienation Order, survey 88/1-
Sale/Title/Gift Deed, survey 88/1-
Khatha, survey 88/1-
RTC, survey 89/1-
Mutation, survey 89/1-
Encumbrance Certificate, survey 89/1-
Conversion/Alienation Order, survey 89/1-
Sale/Title/Gift Deed, survey 89/1-
Khatha, survey 89/1-
RTC, survey 89/1-
Mutation, survey 89/1-
Encumbrance Certificate, survey 89/1-
Conversion/Alienation Order, survey 89/1-
JDA, survey 89/1-
Khatha, survey 89/1-
RTC, survey 89/3-
Mutation, survey 89/3-
Encumbrance Certificate, survey 89/3-
Conversion/Alienation Order, survey 89/3-
Sale/Title/Gift Deed, survey 89/3-
Khatha, survey 89/3-
RTC, survey 89/4-
Mutation, survey 89/4-
Encumbrance Certificate, survey 89/4-
Conversion/Alienation Order, survey 89/4-
Sale/Title/Gift Deed, survey 89/4-
Khatha, survey 89/4-
RTC, survey 99-
Mutation, survey 99-
Encumbrance Certificate, survey 99-
Conversion/Alienation Order, survey 99-
Sale/Title/Gift Deed, survey 99-
Khatha, survey 99-
RTC, survey 99-
Mutation, survey 99-
Encumbrance Certificate, survey 99-
Conversion/Alienation Order, survey 99-
JDA, survey 99-
Khatha, survey 99-
RTC, survey 12/5-
Mutation, survey 12/5-
Encumbrance Certificate, survey 12/5-
Conversion/Alienation Order, survey 12/5-
Sale/Title/Gift Deed, survey 12/5-
Khatha, survey 12/5-
RTC, survey 14/2-
Mutation, survey 14/2-
Encumbrance Certificate, survey 14/2-
Conversion/Alienation Order, survey 14/2-
JDA, survey 14/2-
Khatha, survey 14/2-
RTC, survey 14/3-
Mutation, survey 14/3-
Encumbrance Certificate, survey 14/3-
Conversion/Alienation Order, survey 14/3-
JDA, survey 14/3-
Khatha, survey 14/3-
Registration CertificateFile: Partnership Reg Cert.pdf-
Partnership DeedFile: Reconstitution of PARTNERSHIP DEED.pdf-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form-1 CA Certificate.pdf-
Certificate issued by Engineer Form 3File: Form-3 Eng Cert Primrose-2.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Affidavit-Non Litigation.pdf-
Certificate from Chartered AccountFile: Form-1 CA Certificate.pdf-
Certificate issued by ArchitectFile: Form-2 Arc Cert Primrose-2.pdf-
Balance Sheet 2022 - 2023File: IPRMS INVENT FINANCIALS FY 2022-23.pdf-
Balance Sheet 2021 - 2022File: IPRMS INVENT FINANCILAS FY 2021-22.pdf-
Balance Sheet 2020 - 2021File: B S FY 2020-21.pdf-
Audited Profit and Loss Statement 2022 - 2023File: IPRMS INVENT FINANCIALS FY 2022-23.pdf-
Audited Profit and Loss Statement 2021 - 2022File: IPRMS INVENT FINANCILAS FY 2021-22.pdf-

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: IPRMS Invent

IPRMS Invent has 2 registrations on RERA Karnataka, including PRIMROSE-2 and VILLAGGIO. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if PRIMROSE-2 is delayed beyond 31 Dec 2026?

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 PRIMROSE-2?

The registered promoter entity is IPRMS Invent, 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 PRIMROSE-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 PRIMROSE-2?

The professionals named in the filing: Engineer: Vishnu kumar; Chartered Accountant: Narayana Rao M. 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 PRIMROSE-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.

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