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Princeton
RG-KA-51892 · RERA PRM/KA/RERA/1251/310/PR/171208/001307
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.
Princeton is a Residential/Group Housing project by Prospect Group in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171208/001307 on 8 Dec 2017. Possession is promised by 30 Apr 2017.
At a glance
Project
- NamePrinceton
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/310/PR/171208/001307
- ReraGenie IDRG-KA-51892
Builder
- NameProspect Group
- Entity typePartnership Firm
- Authorized Signatorykakumani Swapna
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on8 Dec 2017
- Promised completion30 Apr 2017
- Revised completionNone
- Buildings5 building records
- Documents filed41 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Block A | - | - | - | 40 | 0 | 40 |
| Block B | - | - | - | 40 | 0 | 40 |
| Block C | - | - | - | 30 | 0 | 30 |
| Block D | - | - | - | 30 | 0 | 30 |
| Block E | - | - | - | 40 | 0 | 40 |
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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | Not applicable |
| Retaining wall (All types) | Not applicable |
| Plinth level Beam | Not applicable |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Not applicable |
| RCC or MS Framed structure | - |
| Masonry construction: Bricks, Concrete blocks etc | Not applicable |
| Plastering inside , outside & Ceiling | Not applicable |
| Joinery: Doors, Windows, Ventilators etc | Not applicable |
| Basic work of Water supply, Sanitary and Electrification | Not applicable |
| Dadoing, Skirting, Flooring, Tiles work (All types) | Not applicable |
| Railing and Grill fixing | Not applicable |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | Not applicable |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | Yes | - |
| CCTV Surveillance | Yes | - |
| Club House | Yes | - |
| Community Hall | Yes | - |
| Outdoor Sports facility | Yes | - |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | Yes | - |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | Yes | - |
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed41
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/171208/001307 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: Firm Registration document.pdf | - |
| CC | - |
| 0405 Princeton final | - |
| Performa of sale deed-1 | - |
| Performa of agreement of sale | - |
| Conversion | - |
| Approved Plan | - |
| Booking form | - |
| Princeton Brochure bk print-22-08-16-1 | - |
| NOCs-1 | - |
| Specifications | - |
| EC prospect group 1 | - |
| Katha Final | - |
| JDA | - |
| Title Deed | - |
| Fire NOC first page | - |
| Airport Authority of India | - |
| Bescom | - |
| BWSSB | - |
| KSPCB first page | - |
| SEIAA First Page | - |
| BSNL | - |
| 42400 | - |
| Balance Sheet 2015 - 2016File: Balancesheet As at 31 Mar, 2016.pdf | - |
| Balance Sheet 2014 - 2015File: Balancesheet As at 31 Mar, 2015.pdf | - |
| Balance Sheet 2013 - 2014File: Balancesheet As at 31 Mar, 2014.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: P & L account 31 Mar 2016.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: P & L account 31 Mar 2015.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: IITRV Form AY 2013-14.pdf | - |
| Cash Flow Statement 2015 - 2016File: Cash Flows Mar 2016.pdf | - |
| Cash Flow Statement 2014 - 2015File: Cash Flows Mar 2015.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IITRV Form AY 2015-16.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: IITRV Form AY 2014-15.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: IITRV Form AY 2013-14.pdf | - |
| Form B | - |
| Prospectus/BrochureFile: Occupancy Certificate Princeton.pdf | - |
| Advertisement Copy 1File: PRMKARERA1251310PR171208001307-1.pdf | - |
| Occupancy CertificateFile: Occupancy Certificate Princeton_compressed.pdf | - |
| Completion certificateFile: Completion Certificate Princeton.pdf | - |
| Registered Agreement of SaleFile: A402 Agreemetn of sale 1mb.pdf | - |
| Registered conveyance deed for an individual unitFile: Sale deed A402 1MB.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 |
|---|---|---|---|---|
| SILVERTON | - | Completed | Aug 2017 | No date filed |
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Builder: Prospect Group
Prospect Group has 1 registration on RERA Karnataka, including Princeton. 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 Princeton is delayed beyond 30 Apr 2017?
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 Princeton?
The registered promoter entity is Prospect Group, 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 Princeton?
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 Princeton?
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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