ReraGenieLog inGet a buyer report

Home / Browse projects / Bengaluru Urban, Karnataka / Profound Lakeshore

Registration approved No litigation declared Plotted Development project

Profound Lakeshore

By M/s Profound Developers

RG-KA-03525 · RERA PRM/KA/RERA/1251/308/PR/151223/006483 · Last updated on RERA Karnataka portal: 12 Dec 2023

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Mar 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 379 documents Report an error

Profound Lakeshore is a Plotted Development project by M/s Profound Developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/151223/006483 on 15 Dec 2023. Possession is promised by 6 Mar 2023.

At a glance

Project

  • NameProfound Lakeshore
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
    • 560105
  • Pincode560105
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/308/PR/151223/006483
  • ReraGenie IDRG-KA-03525

Builder

  • NameM/s Profound Developers
  • Entity typePartnership Firm
  • GSTIN29AAQFP5689N1ZX
  • Authorized SignatoryS Venkat Reddy
  • Declared earlier projects1 →

Key dates

Registered
15 Dec 2023
Promised
6 Mar 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Dec 2023
  • Promised completion6 Mar 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed379 files

The full filing

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

Land and ownership40

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

Named landowners40
LandownerVillageDistrict
Subbachari--
M.Manjunath--
Krishnappa K--
Suresh P--
S.Venkat Reddy--
Venkatareddy--
Narendra N--
S.Venkat Reddy--
Sapna N--
Suhas B--
Venkat Reddy S--
Suhas B--
Somashekar N--
S.Bhupal Reddy--
S.Bhupal Reddy--
S.B.Rekha--
Subbachari--
MB Bhyrappa--
H.Chandrappa--
Lingamurthy--
Mrs.Sneha B--
Yeshoda N--
Yeshoda N--
Sneha--
V B Appa Rao--
S.Venkat Reddy--
M/s Profound Developers--
Bhagya Rekha--
S.Venkat Reddy--
Bhagya Rekha--
S.Venkat Reddy--
S.Venkat Reddy--
S.Venkat Reddy--
S.Venkat Reddy--
S.Venkat Reddy--
S.Venkat Reddy--
S.Venkat Reddy--
S.Venkat Reddy--
S.Venkat Reddy--
S.Venkat Reddy--

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 7.10 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 7.10 cr-

Certifying professionals and partners2

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

RoleName
EngineerMohan L
Chartered AccountantKosana Rajesh

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed379

As listed on the registration, under the names the promoter filed them with; the newest 80 of 379 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/308/PR/151223/006483 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Query Reply AllFile: Reply Letter 2nd Query_001 (1).pdf12 Dec 2023
CA Letter Point No.1File: Point 1 CA Letter Reply.pdf12 Dec 2023
JDA Profound Latest Point No.2File: JDA_001.pdf12 Dec 2023
Point No.2 (JDA / GPA of Venkatesh & Narendra)File: Point 2 JDA Explanation with Documents-7-61.pdf12 Dec 2023
Point No.3 Site Measurments signedFile: Point 3 Site Dimensions from Engineer.pdf12 Dec 2023
Point No.4 Change of Land Use all Sy.no'sFile: Point 4 Change of Land Use.pdf12 Dec 2023
Enquiry ReplyFile: ALL REPLY-2_001.pdf26 Nov 2023
CA LetterFile: Point No 1 Ca letter.pdf26 Nov 2023
Source of FundsFile: Point No 2 Source of Funds.pdf26 Nov 2023
Letter from EngineerFile: Point No 3 Financials with Schedules Engineer.pdf26 Nov 2023
Jayamma Partition DeedFile: Point No 4-2 Partition Deed.pdf26 Nov 2023
Jayamma MRFile: Point No 4 MR-242 Jayamma_001.pdf26 Nov 2023
Flow for Sathish and BharathFile: Point No 5 Flow of Property for Sathish _ Bharath.pdf26 Nov 2023
Mr Sathish and BharathFile: Point No 5 MR of Sathish Bharath_001.pdf26 Nov 2023
EC SeethanayakanahalliFile: Point No 6 EC_s Seethanayakanahalli.pdf26 Nov 2023
EC HaragaddeFile: Point No 6 Haragadde All EC_s.pdf26 Nov 2023
JD ExplanationFile: Point No 7.pdf26 Nov 2023
Sy.no.24/8 DocFile: Point No 8 JDA 24 of 2 _ 8_merged_compressed.pdf26 Nov 2023
Form BFile: Point No 9 Form B.pdf26 Nov 2023
Joint AffidavitFile: Point No 9 Joint Affidavit.pdf26 Nov 2023
Site Dimension Signed CopyFile: Point No 10 and 11 Site Dimensions.pdf26 Nov 2023
KSPCB AllFile: Point No 12 KSPCB ALL.pdf26 Nov 2023
Village Map both VillagesFile: Village Map Demarcation 2.pdf26 Nov 2023
Change of Land use allFile: Point No 15 Change of Land USe all Sy no_s.pdf26 Nov 2023
Self Attested Copy Delay ReasoningFile: Point No 17 Reason for Delay.pdf26 Nov 2023
Engineer Self Attested CopyFile: Point No 18 and 19 Engineer Self Attested Copy and costs.pdf26 Nov 2023
Engineer Estimated CostFile: Point No 21 Engineer Estimated Cost.pdf26 Nov 2023
Sale Agreement Draft CorrectedFile: Point No 22 Sale Agreement Draft.pdf26 Nov 2023
Self Attested Bescom and WaterFile: Point No 23 Self Attested Bescom and Water Supply.pdf26 Nov 2023
Electric Bills Self AttestedFile: Point No 23 Self attested electirc bills_001.pdf26 Nov 2023
Land Cost Calculation Self AttestedFile: Point No 24 Land Cost Calculation.pdf26 Nov 2023
RTC, survey 16-
Mutation, survey 16-
Encumbrance Certificate, survey 16-
Conversion/Alienation Order, survey 16-
JDA, survey 16-
Khatha, survey 16-
RTC, survey 237-
Mutation, survey 237-
Encumbrance Certificate, survey 237-
Conversion/Alienation Order, survey 237-
Sale/Title/Gift Deed, survey 237-
JDA, survey 237-
Khatha, survey 237-
RTC, survey 242-
Mutation, survey 242-
Encumbrance Certificate, survey 242-
Conversion/Alienation Order, survey 242-
JDA, survey 242-
Khatha, survey 242-
RTC, survey 242-
Mutation, survey 242-
Encumbrance Certificate, survey 242-
Conversion/Alienation Order, survey 242-
JDA, survey 242-
Khatha, survey 242-
RTC, survey 242-
Mutation, survey 242-
Encumbrance Certificate, survey 242-
Conversion/Alienation Order, survey 242-
Sale/Title/Gift Deed, survey 242-
Khatha, survey 242-
RTC, survey 242-
Mutation, survey 242-
Encumbrance Certificate, survey 242-
Conversion/Alienation Order, survey 242-
Sale/Title/Gift Deed, survey 242-
Khatha, survey 242-
RTC, survey 241/1-
Mutation, survey 241/1-
Encumbrance Certificate, survey 241/1-
Conversion/Alienation Order, survey 241/1-
Sale/Title/Gift Deed, survey 241/1-
JDA, survey 241/1-
Khatha, survey 241/1-
RTC, survey 241/2-
Mutation, survey 241/2-
Encumbrance Certificate, survey 241/2-
Conversion/Alienation Order, survey 241/2-
Sale/Title/Gift Deed, survey 241/2-

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.

1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
SymphonySY 272, HARAGADDE VILLAGE, JIGANI , ANEKAL, BENGALURU URBANCompleted-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.

Keep Profound Lakeshore 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 Urban4,100+ in Bengaluru Urban

2 kmProfound LakeshoreOther 12Dot size: filed unitsN

Filed coordinates, straight-line distance. 12 registered projects within 2 km.

Builder: M/s Profound Developers

M/s Profound Developers has 1 registration on RERA Karnataka, including Profound Lakeshore. 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 Profound Lakeshore is delayed beyond 6 Mar 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 Profound Lakeshore?

The registered promoter entity is M/s Profound Developers, a partnership firm as per the filing. Its GSTIN 29AAQFP5689N1ZX 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 Profound Lakeshore?

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 Profound Lakeshore?

The professionals named in the filing: Engineer: Mohan L; Chartered Accountant: Kosana Rajesh. 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 Profound Lakeshore?

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

Report an error or share feedback

About Profound Lakeshore. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save Profound Lakeshore to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.