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Registration approved Plotted Development project

RASHI GATEWAY PHASE-III

By RASHI DEVELOPERS

RG-KA-16505 · RERA PRM/KA/RERA/1250/307/PR/200211/003283 · Last updated on RERA Karnataka portal: 7 Feb 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jun 2025Possession promisedmoved 6 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 68 documents Report an error

RASHI GATEWAY PHASE-III is a Plotted Development project by RASHI DEVELOPERS in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/307/PR/200211/003283 on 11 Feb 2020. Possession is promised by 30 Jun 2025. The completion date has moved by 6 months from the original filing.

At a glance

Project

  • NameRASHI GATEWAY PHASE-III
  • TypePlotted Development
  • Location
    • Nelamangala
    • Bengaluru Rural
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1250/307/PR/200211/003283
  • ReraGenie IDRG-KA-16505

Builder

  • NameRASHI DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryS RAMANA PRASAD REDDY
  • OthersSHIV KUMAR C UDASI
  • Other registrations2 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredFeb 2020First promiseDec 2024Revised toJun 2025

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on11 Feb 2020
  • Promised completion30 Jun 2025
  • Revised completionRevised to 30 Jun 2025 (originally 31 Dec 2024)
  • BuildingsNot stated in filing
  • Documents filed68 files

The full filing

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

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 area34,958 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 5.10 cr

Certifying professionals and partners1

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

RoleName
EngineerH R SATISH

Extensions applied for1

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

ExtensionDec 2024 → Jun 2025

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed68

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/1250/307/PR/200211/003283 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
BESCOMFile: BESCOM.pdf7 Feb 2020
BWSSBFile: BWSSB.pdf7 Feb 2020
Firm Registration CertificateFile: Firm Registration Certificate.pdf23 Jan 2020
NOC Undertaking LetterFile: NOC Undertaking Letter.pdf23 Jan 2020
Plan Undertaking LetterFile: Plan Undertaking letter.pdf23 Jan 2020
Katha Undertaking LetterFile: Katha Undertaking letter.pdf23 Jan 2020
Conversion OrderFile: Conversion Order.pdf23 Jan 2020
RTCFile: RTC.pdf23 Jan 2020
Commencement Certificate-
Approved Layout Plan-
Approved Layout Plan-
RTC-
Agent Undertaking letter-
Sale Deed-
GPA-
Conversion Order-
Project Specification-
EC-
Affidavit-
JDA Affidavit Declaration -
Katha Undertaking letter-
Partnership Deed-
Relinquishment Deed-
Unnamed document-
Unnamed document-
Unnamed document-
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Balance Sheet 2018 - 2019File: Balance Sheet.pdf-
Balance Sheet 2017 - 2018File: Balance Sheet.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet.pdf-
Audited Profit and Loss Statement 2018 - 2019File: P & L Account.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P & L account.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P & L Account.pdf-
Director's Report 2018 - 2019File: Financial Documents Undertaking Letter.pdf-
Director's Report 2017 - 2018File: Financial Documents Undertaking Letter.pdf-
Director's Report 2016 - 2017File: Financial Documents Undertaking Letter.pdf-
Cash Flow Statement 2018 - 2019File: Financial Documents Undertaking Letter.pdf-
Cash Flow Statement 2017 - 2018File: Financial Documents Undertaking Letter.pdf-
Auditor's Report 2018 - 2019File: Auditors Report.pdf-
Auditor's Report 2017 - 2018File: Auditors Report.pdf-
Auditor's Report 2016 - 2017File: Auditors Report.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR.pdf-
Form B-
Plot Excel SheetFile: PRM_KA_RERA_1250_307_PR_200211_003283.xlsx-
Occupancy CertificateFile: Rashi Gateway 100% Completion Certificate.pdf-
Completion certificateFile: Rashi Gateway 100% Completion Certificate.pdf-
Registered Agreement of SaleFile: Agreement for Sale.pdf-
Registered conveyance deed for an individual unitFile: Sale Deed.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.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
RASHI VISTARA-OngoingNov 2021Not delivered

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one moved by 6 months
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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Builder: RASHI DEVELOPERS

Rashi Developers has 3 registrations on RERA Karnataka, including Rashi Vistara and RASHI GATEWAY PHASE-III. Its filings declare 3 earlier projects, 2 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 RASHI GATEWAY PHASE-III is delayed beyond 30 Jun 2025?

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 RASHI GATEWAY PHASE-III?

The registered promoter entity is RASHI 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 RASHI GATEWAY PHASE-III?

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 RASHI GATEWAY PHASE-III?

The professionals named in the filing: Engineer: H R SATISH. 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 RASHI GATEWAY PHASE-III?

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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About RASHI GATEWAY PHASE-III. 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.

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