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Registration approved No litigation declared Plotted Development project

RAK FELICITY

By Rak Properties

RG-KA-09918 · RERA PRM/KA/RERA/1250/303/PR/160223/005725 · Last updated on RERA Karnataka portal: 13 Feb 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
Jun 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 162 documents Report an error

RAK FELICITY is a Plotted Development project by Rak Properties in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/160223/005725 on 16 Feb 2023. Possession is promised by 30 Jun 2024.

At a glance

Project

  • NameRAK FELICITY
  • TypePlotted Development
  • Location
    • Devanahalli
    • Bengaluru Rural
    • 562110
  • Pincode562110
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1250/303/PR/160223/005725
  • ReraGenie IDRG-KA-09918

Builder

  • NameRak Properties
  • Entity typePartnership Firm
  • Authorized SignatoryG V VIVEK
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredFeb 2023PromisedJun 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 Feb 2023
  • Promised completion30 Jun 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed162 files

The full filing

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

Land and ownership11

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

Named landowners11
LandownerVillageDistrict
B G CHENNAPPA--
B G CHANNAPPA--
G N VENUGOPAL--
G N VENUGOPAL--
G.N.Venugopal--
G.N.Venugopal--
G.N.Venugopal--
G.N.Venugopal--
G.N.Venugopal--
G.N.Venugopal--
G.N.Venugopal--

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 17.27 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 14.72 cr-
On-site expenditure-Consultants FeesRs 92.00 lakh-
On-site expenditure-Site OverheadRs 89.00 lakh-
On-site expenditure-Salaries of workersRs 73.60 lakh-

Certifying professionals and partners2

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

RoleName
EngineerM.K.SANKARSH
Chartered AccountantSamba Moorty velakur

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed162

As listed on the registration, under the names the promoter filed them with; the newest 80 of 162 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/303/PR/160223/005725 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Source of Funds RAK FELICITYFile: 1 Source of Funds RAK FELICITY.pdf13 Feb 2023
Vivek Financials 2021-22File: 2 Vivek Financials 2021-22.pdf13 Feb 2023
Venugopal Financials 2020-21File: 3 Venugopal Financials 2020-21.pdf13 Feb 2023
Venugopal Financials 2021-22File: 4 Venugopal Financials 2021-22.pdf13 Feb 2023
Venugopal Financials 2019-20File: 5 Venugopal Financials 2019-20.pdf13 Feb 2023
Rekha Financials 2020-21File: 6 Rekha Financials 2020-21.pdf13 Feb 2023
Rekha Financials 2021-22File: 7 Rekha Financials 2021-22.pdf13 Feb 2023
CA Clarification on RAK Properties FinancialsFile: 8 CA Clarification on RAK Properties Financials.jpeg13 Feb 2023
Letter of Explanation of CDINFile: 9 Letter of Explanation of CDIN.pdf13 Feb 2023
Provisional Financials RAK PropertiesFile: 10 Provisional Financials RAK Properties.pdf13 Feb 2023
PROFIT AND LOSS ACCOUNT AND BALANCE SHEET ATTACHEDFile: Vivek_Comp_AY 2022-23.pdf1 Feb 2023
PROFIT AND LOSS ACCOUNT AND BALANCE SHEET ATTACHEDFile: Vivek_Financials_Mar 22.pdf1 Feb 2023
PARTNERSHIP DEEDFile: partenership deed.pdf1 Feb 2023
NON LITIGATION AFFIDAVITFile: Non Litigation Affidavit.pdf1 Feb 2023
LAYOUT WORK ORDERFile: Doc1 (1).pdf1 Feb 2023
CHANGE OF LAND USEFile: Change of land.pdf1 Feb 2023
CHANGE OF LAND USEFile: BIAAPA.pdf1 Feb 2023
VILLAGE MAPFile: Village Map Lalgondanahalli (1).pdf1 Feb 2023
KSPCB CFEFile: signedpdfnew (70) (27).pdf1 Feb 2023
BRIEF ESTIMATION CERTIFIED BY ARCHITECTFile: RAK FELICITY ESTIMATE FINAL (1) (3).pdf1 Feb 2023
PERFORMA OF AGREEMENT OF SALEFile: AGREEMENT FOR SALEpdf.pdf1 Feb 2023
ALLOTMENT LETTERFile: Allotment letter.pdf1 Feb 2023
PARTNERSHIP DEED CHANNAPPAFile: Document.pdf1 Feb 2023
Advocate search report All ProjectsFile: Advocate search report.pdf6 Jan 2023
SALE DEEDFile: DNH-1285-05-06.pdf6 Jan 2023
AGREEMENT FOR SALE draftFile: AGREEMENT FOR SALE draft.pdf6 Jan 2023
Allotment letterFile: Allotment letter.pdf6 Jan 2023
BESCOM NOCFile: BESCOM NOC.pdf6 Jan 2023
CDP From Master ExtraxtFile: CDP From Master Extraxt.pdf6 Jan 2023
Engineer CertificateFile: Engineer Certificate.pdf6 Jan 2023
FELICITY STPFile: FELICITY STP.pdf6 Jan 2023
Non Litigation AffidavitFile: Non Litigation Affidavit.pdf6 Jan 2023
Non voilation AffidaviteFile: non voilation Affidavite.pdf6 Jan 2023
Layout plan copy hi endFile: Plan cOPY.pdf6 Jan 2023
Project Complition DateFile: Project Complition Date.pdf6 Jan 2023
Project SpecificationFile: Project Specification.pdf6 Jan 2023
RAK FELICITY ESTIMATE FINALFile: RAK FELICITY ESTIMATE FINAL.pdf6 Jan 2023
Section3(1) Notaraized AffidavitFile: Section3(1) Notaraized Affidavit.pdf6 Jan 2023
KSPCB CFEFile: polutn noc.pdf6 Jan 2023
Valuation copyFile: Valuation copy.pdf6 Jan 2023
plot details updated 02.01.2023File: plot details updated.pdf6 Jan 2023
promoter ITRsFile: all itrs.pdf6 Jan 2023
RTC, survey 24/1-
Mutation, survey 24/1-
Encumbrance Certificate, survey 24/1-
Conversion/Alienation Order, survey 24/1-
Sale/Title/Gift Deed, survey 24/1-
Khatha, survey 24/1-
RTC, survey 24/2-
Mutation, survey 24/2-
Encumbrance Certificate, survey 24/2-
Conversion/Alienation Order, survey 24/2-
Sale/Title/Gift Deed, survey 24/2-
Khatha, survey 24/2-
RTC, survey 25/2-
Mutation, survey 25/2-
Encumbrance Certificate, survey 25/2-
Conversion/Alienation Order, survey 25/2-
Sale/Title/Gift Deed, survey 25/2-
Khatha, survey 25/2-
RTC, survey 25/3-
Mutation, survey 25/3-
Encumbrance Certificate, survey 25/3-
Conversion/Alienation Order, survey 25/3-
Sale/Title/Gift Deed, survey 25/3-
Khatha, survey 25/3-
RTC, survey 25/4-
Mutation, survey 25/4-
Encumbrance Certificate, survey 25/4-
Conversion/Alienation Order, survey 25/4-
Sale/Title/Gift Deed, survey 25/4-
Khatha, survey 25/4-
RTC, survey 26/3-
Mutation, survey 26/3-
Encumbrance Certificate, survey 26/3-
Conversion/Alienation Order, survey 26/3-
Sale/Title/Gift Deed, survey 26/3-
Khatha, survey 26/3-
RTC, survey 29/1-
Mutation, survey 29/1-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one has not
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Rural650+ in Bengaluru Rural

2 kmRAK FELICITYOther 13Dot size: filed unitsN

Filed coordinates, straight-line distance. 13 registered projects within 2 km.

Builder: Rak Properties

Rak Properties has 2 registrations on RERA Karnataka, including RAK FELICITY and RAK AFFLUENT. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if RAK FELICITY is delayed beyond 30 Jun 2024?

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 RAK FELICITY?

The registered promoter entity is Rak Properties, 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 RAK FELICITY?

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 RAK FELICITY?

The professionals named in the filing: Engineer: M.K.SANKARSH; Chartered Accountant: Samba Moorty velakur. 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 RAK FELICITY?

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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