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Registration approved Mixed Development project

PRP PHOENIX

By Platinum Royale Properties

RG-KA-55319 · RERA PRM/KA/RERA/1251/446/PR/180313/001892

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jan 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 51 documents Report an error

PRP PHOENIX is a Mixed Development project by Platinum Royale Properties in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180313/001892 on 13 Mar 2018. Possession is promised by 31 Jan 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NamePRP PHOENIX
  • TypeMixed Development
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/180313/001892
  • ReraGenie IDRG-KA-55319

Builder

  • NamePlatinum Royale Properties
  • Entity typeProprietorship Firm
  • Authorized SignatoryPRASHANTH KUMAR

Key dates

this monthRegisteredMar 2018First promiseJan 2019Revised toJan 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on13 Mar 2018
  • Promised completion31 Jan 2020
  • Revised completionRevised to 31 Jan 2020 (originally 31 Jan 2019)
  • Buildings1 building record
  • Documents filed51 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PRP Phoenix-----25

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:

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 networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot 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 facilityProposedProgress
Water SupplyNoNot applicable
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseYes-
Community HallYes-
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymYes-
ParksNoNot applicable
Power BackupNoNot applicable
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
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 spacesNoNot applicable
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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.

Land area1,085 sq m
Named landownersNone

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 4.50 cr

Certifying professionals and partners2

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

RoleName
ArchitectChandrashekar P K
EngineerChandrashekar P K

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EX/PRM/KA/RERA/1251/446/PR/220622/001892Jan 2019 → Jan 2020

Reason as filed by the promoterShortage of Labour

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed51

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/1251/446/PR/180313/001892 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: AA2908170156420_RC10082017.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Arc certificate - work completed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engg certificate - work completed.pdf-
CA Certificate for Funds UtilizationFile: CA certificate - fund utilized.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Arc certificate - work pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engg certificate - work pending.pdf-
CA Certificate for Funds required for Project CompletionFile: CA certificate - funds required.pdf-
AffidavitFile: Affidavit.jpg-
Latest Encumbrance CertificateFile: Encumberance_2019.jpg-
Relevant Document/sFile: Compensation for the Buyer.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: CA certificate - fund utilized.pdf-
Document 2File: CA certificate - funds required.pdf-
Document 3File: Affidavit_Extension.pdf-
Document 4File: Consent letter.pdf-
Document 5File: Affidavit_Claim_Compensatio.pdf-
Document 6File: Commencement-Certificate.pdf-
Document 7File: July19_Sept19PRP.pdf-
Document 8File: Oct19-Dec19.pdf-
Commencement Certificate_Rera-
SantionedPlan-Page1-
SantionedPlan-Page1-
Sale_Agreement_PRP_DRAFT_Customers-
Sale_Agreement_PRP_DRAFT_Customers-
Sale_Agreement_PRP_DRAFT_Customers-
SantionedPlan-Page2-
SantionedPlan-Page2-
Allotment_Letter+Draft-
Elevation-
NOC_rera-
EC_Sept2017-
Amalgamated_Khatha-
JD_OMBR_Rera-
Balance Sheet 2015 - 2016File: Balance Sheet of 2015-16.pdf-
Balance Sheet 2014 - 2015File: Financial Statement of 2014-15.pdf-
Balance Sheet 2013 - 2014File: Financial statement of 2013-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit and loss account 2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Financial Statement of 2014-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P&L 2013-14.pdf-
Director's Report 2015 - 2016File: AA2908170156420_RC10082017.pdf-
Director's Report 2014 - 2015File: AA2908170156420_RC10082017.pdf-
Director's Report 2013 - 2014File: AA2908170156420_RC10082017.pdf-
Cash Flow Statement 2015 - 2016File: Balance Sheet of 2015-16.pdf-
Cash Flow Statement 2014 - 2015File: Financial Statement of 2014-15.pdf-
Auditor's Report 2015 - 2016File: Profit and loss account 2015-16.pdf-
Auditor's Report 2014 - 2015File: Financial Statement of 2014-15.pdf-
Auditor's Report 2013 - 2014File: Financial statement of 2013-14.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITRV AY16-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITRV AY15-16.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR V AY 2014-15.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_180313_001892 (1).xlsx-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 months
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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: Platinum Royale Properties

Platinum Royale Properties has 1 registration on RERA Karnataka, including PRP PHOENIX. 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 PRP PHOENIX is delayed beyond 31 Jan 2020?

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 PRP PHOENIX?

The registered promoter entity is Platinum Royale Properties, a proprietorship 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 PRP PHOENIX?

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 PRP PHOENIX?

The professionals named in the filing: Architect: Chandrashekar P K; Engineer: Chandrashekar P K. 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 PRP PHOENIX?

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; why the completion date was revised and what the new timeline depends on.

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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