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Registration approved Plotted Development project

Rashi Vistara

By Rashi Developers

RG-KA-46058 · RERA PRM/KA/RERA/1250/306/PR/190305/002467 · Last updated on RERA Karnataka portal: 25 Jan 2023

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 19 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Jun 2023Possession promisedmoved 19 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 95 documents Report an error

Rashi Vistara is a Plotted Development project by Rashi Developers in Ramanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/306/PR/190305/002467 on 5 Mar 2019. Possession is promised by 11 Jun 2023. The completion date has moved by 19 months from the original filing.

At a glance

Project

  • NameRashi Vistara
  • TypePlotted Development
  • Location
    • Magadi
    • Ramanagara
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1250/306/PR/190305/002467
  • ReraGenie IDRG-KA-46058

Builder

  • NameRashi Developers
  • Entity typePartnership Firm
  • Authorized SignatoryRamana Prasad Reddy
  • OthersShivakumar C Udasi
  • Other registrations2 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredMar 2019First promiseNov 2021Revised toJun 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on5 Mar 2019
  • Promised completion11 Jun 2023
  • Revised completionRevised to 11 Jun 2023 (originally 11 Nov 2021)
  • BuildingsNot stated in filing
  • Documents filed95 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 area184,586 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 39.51 cr

Extensions applied for2

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

ExtensionNov 2021 → not stated

No reason recorded in the filing

EX/PRM/KA/RERA/1250/306/PR/230208/002467not stated → Jun 2023

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed95

As listed on the registration, under the names the promoter filed them with; the newest 80 of 95 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/306/PR/190305/002467 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
27-2 MR RTC Sale Deed & ECFile: 27-2 MR RTC Sale Deed & EC.pdf25 Jan 2023
28-1-MR RTC Sale Deed & ECFile: 28-1-MR RTC Sale Deed & EC.pdf25 Jan 2023
28-2-MR RTC Sale Deed & ECFile: 28-2-MR RTC Sale Deed & EC.pdf25 Jan 2023
30-6 MR RTC Sale Deed & ECFile: 30-6 MR RTC Sale Deed & EC.pdf25 Jan 2023
30-10 MR RTC Sale Deed & ECFile: 30-10 MR RTC Sale Deed & EC.pdf25 Jan 2023
30-13 MR RTC Sale Deed & ECFile: 30-13 MR RTC Sale Deed & EC.pdf25 Jan 2023
30-18 & 19 MR RTC Sale Deed & ECFile: 30-18 & 19 MR RTC Sale Deed & EC.pdf25 Jan 2023
Break up of Site detailsFile: Break up of Site details.pdf25 Jan 2023
Declaration of Non sale of sites SCAN COPYFile: Declaration of Non sale of sites SCAN COPY.pdf25 Jan 2023
Layout planFile: Layout plan.pdf25 Jan 2023
Modified Plan OrderFile: Modified Plan Order.pdf25 Jan 2023
reconcilation of Sites Scan CopyFile: reconcilation of Sites Scan Copy.pdf25 Jan 2023
Release OrderFile: Release Order.pdf25 Jan 2023
STP Design DrawingFile: STP Design Drawing.pdf25 Jan 2023
18-1AFile: 18-1A.pdf25 Jan 2023
18-1BFile: 18-1B.pdf25 Jan 2023
19File: 19.pdf25 Jan 2023
KSPCBFile: Noc 1.pdf25 Jan 2023
NOCFile: Noc 2.pdf25 Jan 2023
CertificateFile: FORM C.pdf-
Already registered project ongoing detailsFile: RERA - RASHI VISTARA CERTIFICATE.pdf-
Modified plan details site plan, floor plans, Plan Licence LetterFile: Layout plan.pdf-
Chartered Accountant CertificateFile: Form 4.pdf-
Notarized AffidavitFile: Affidavit Cum Declartion.pdf-
Engineer CertificateFile: Form 6.pdf-
Architect CertificateFile: Form 5.pdf-
Structural Engineer Certificate for stability of structureFile: Form 6.pdf-
Modification of Plan DetailsFile: Approved Layout Plan.pdf-
Modification of Plan DetailsFile: Layout plan.pdf-
Modification of Plan DetailsFile: Commencement certificate.pdf-
Modification of Plan DetailsFile: Commencement certificate.pdf-
Modification of Plan DetailsFile: Approved Layout Plan.pdf-
Modification of Plan DetailsFile: Layout plan.pdf-
Document 1File: BWSSB NOC.pdf-
Document 2File: Bescom NOC.pdf-
Document 3File: Pollution NOC.pdf-
Non Litigation AffidavitFile: Non Litigation.pdf-
JD Affidavit Cum DeclarationFile: Affidavit Cum Declartion.pdf-
Bangalore District Zilla PanchatyFile: Bangalore District Zilla Panchaty.pdf-
HorticultureFile: Horticulture.pdf-
Rural Drinking Water SanitationFile: Rural Drinking Water Sanitation.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architure Status of Work.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineering Status of Work.pdf-
CA Certificate for Funds UtilizationFile: CA Funds Utilisation.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architure Pending Work.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineering Pending Work.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Funds Required.pdf-
AffidavitFile: Form Ex-7 Con.pdf-
Latest Encumbrance CertificateFile: Form B.pdf-
Details Of Sold/ Un-sold UnitsFile: Sold-unsold Units.pdf-
Document 1File: EC Compressed.pdf-
Commencement certificate-
Approved Layout Plan-
PROFORMA OF SALE DEED-
PROFORMA OF Agreement of sale-
Sale Deed-
Approved Layout Plan-
BROCHURE-
Project Specification-
EC-
Notorized Affidavit-
khatha-
JDA-
Conversion Order-sy no 30-
Conversion Order-
RELINQUISHMENT DEEDS-
KSPCB - NOC-
Approved Layout Plan-
CONVERSION CERTIFICATE-
Balance Sheet 2017 - 2018File: 2017-18.pdf-
Balance Sheet 2016 - 2017File: 2016-17.pdf-
Balance Sheet 2015 - 2016File: 2015-16.pdf-
Audited Profit and Loss Statement 2017 - 2018File: 2017-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: 2016-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2015-16.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: 2017-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: 2016-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 2015-16.pdf-
FORM-B-
Prospectus/BrochureFile: 4 page brochure.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 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Rashi Gateway-Completed-No date filed

How this compares with Ramanagara

22%of Ramanagara projects moved their completion datethis one moved by 19 months
1%of Ramanagara registrations are shown as withdrawn or revokedthis one is not

Computed across the 81 Ramanagara projects on ReraGenie, from their own filings.

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Other projects near Ramanagara81 in Ramanagara

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 Ramanagara district page.

Frequently asked questions

What are my rights if Rashi Vistara is delayed beyond 11 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 Rashi Vistara?

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 Vistara?

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.

What should I check before booking in Rashi Vistara?

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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