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Registration approved Residential/Group Housing project

Pyramid Watsonia

By PYRAMID BUILDERS AND DEVELOPERS

RG-KA-41693 · RERA PRM/KA/RERA/1251/309/PR/180516/001688

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jun 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 52 documents Report an error

Pyramid Watsonia is a Residential/Group Housing project by PYRAMID BUILDERS AND DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/180516/001688 on 16 May 2018. Possession is promised by 30 Jun 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NamePyramid Watsonia
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/180516/001688
  • ReraGenie IDRG-KA-41693

Builder

  • NamePYRAMID BUILDERS AND DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryHANUME GOWDA G N
  • OthersRAV I B. P.

Key dates

this monthRegisteredMay 2018First promiseSep 2022Revised toJun 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 May 2018
  • Promised completion30 Jun 2023
  • Revised completionRevised to 30 Jun 2023 (originally 30 Sep 2022)
  • Buildings1 building record
  • Documents filed52 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PYRAMID WATSONIA---1720172

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)Not applicable
Plinth level Beam-
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-
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)-
Painting-
Elevation workNot applicable
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 plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
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 servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolYes-
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 escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceYes-
Outer WallNoNot applicable
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area8,096 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 77.58 cr

Certifying professionals and partners2

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

RoleName
ArchitectUdaya Kumar M R Engineers & Consultants
EngineerMIGCS Structural Engineers

Extensions applied for1

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

ExtensionSep 2022 → Jun 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed52

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/1251/309/PR/180516/001688 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: 01-FIRM REG.pdf-
EC-
01-plan-
01-plan-
SALE DEED -
SALE AGREEMENT -
RTC Copy-
01-plan-
01-plan-
BOOKING FORM - ALLOTMENT-
Brochure-
Specification-
EC-
Khata Certificate-
JDA agreement-
Conversion Order (2)-
KSPCB - NOC-
Stability certificate for Pyramid Watsonia Apartment (2)-
plan-
plan-
Conversion Order (2)-
Balance Sheet 2016 - 2017File: balance sheet.PDF-
Balance Sheet 2015 - 2016File: balance sheet 15-16.PDF-
Balance Sheet 2014 - 2015File: BALANCE SHEET 14-15.PDF-
Audited Profit and Loss Statement 2016 - 2017File: profit and loss account.PDF-
Audited Profit and Loss Statement 2015 - 2016File: profit and loss account.PDF-
Audited Profit and Loss Statement 2014 - 2015File: PROFIT AND LOSS ACCOUNT 14-15.PDF-
Director's Report 2016 - 2017File: 01-Audit Report - 16 -17.pdf-
Director's Report 2015 - 2016File: 02-Audit Report - 15 -16.pdf-
Director's Report 2014 - 2015File: 01-Audit Report - 14- 15.pdf-
Cash Flow Statement 2016 - 2017File: 01-Audit Report - 16 -17.pdf-
Cash Flow Statement 2015 - 2016File: 02-Audit Report - 15 -16.pdf-
Auditor's Report 2016 - 2017File: 01-Audit Report - 16 -17.pdf-
Auditor's Report 2015 - 2016File: 02-Audit Report - 15 -16.pdf-
Auditor's Report 2014 - 2015File: 01-Audit Report - 14- 15.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: it ack 16-17.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: it ack 15-16.PDF-
Income Tax Return Acknowledgement 2014 - 2015File: IT ACK 14-15.PDF-
FORM - B-
Prospectus/BrochureFile: Brochure.jpg-
Advertisement Copy 1File: IN09 1819 084893.pdf-
Advertisement Copy 2File: Invoice_9317120161.pdf-
Tower Excel SheetFile: RERA FLAT EXCEL 13.12.2018 NEW.xlsx-
Loan raised documentFile: BAJAJ LOAN STATEMRNT.pdf-
Stability CertificateFile: Stability Certificate for Pyramid Watsonia Apartment.pdf-
Occupancy CertificateFile: WATSONIA OC_compressed.pdf-
Consent for operation issued by KSPCBFile: CFO fresh consesnt (2)_compressed.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: BESCOM WATSONIA_compressed.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: BESCOM WATSONIA_compressed.pdf-
Architect certificate for having completed the work(in format no 5)File: Architect Certificate_compressed (2).pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: completion certificate c a_compressed.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit (2)_compressed.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 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

2 kmPyramid WatsoniaOther 46Dot size: filed unitsN

Filed coordinates, straight-line distance. 46 registered projects within 2 km.

Builder: PYRAMID BUILDERS AND DEVELOPERS

PYRAMID BUILDERS AND DEVELOPERS has 1 registration on RERA Karnataka, including Pyramid Watsonia. 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 Pyramid Watsonia 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 Pyramid Watsonia?

The registered promoter entity is PYRAMID BUILDERS AND DEVELOPERS, 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 Pyramid Watsonia?

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 Pyramid Watsonia?

The professionals named in the filing: Architect: Udaya Kumar M R Engineers & Consultants; Engineer: MIGCS Structural Engineers. 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 Pyramid Watsonia?

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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