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Registration approved Plotted Development project

Reliaable Residenza Phase 1A

By Ms. 222 Ventures

RG-KA-88693 · RERA PRM/KA/RERA/1251/308/PR/190423/002526

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
Dec 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 31 documents Report an error

Reliaable Residenza Phase 1A is a Plotted Development project by Ms. 222 Ventures in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/190423/002526 on 23 Apr 2019. Possession is promised by 31 Dec 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameReliaable Residenza Phase 1A
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/190423/002526
  • ReraGenie IDRG-KA-88693

Builder

  • NameMs. 222 Ventures
  • Entity typePartnership Firm
  • Authorized SignatoryHari

Key dates

this monthRegisteredApr 2019First promiseMar 2022Revised toDec 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on23 Apr 2019
  • Promised completion31 Dec 2022
  • Revised completionRevised to 31 Dec 2022 (originally 31 Mar 2022)
  • BuildingsNot stated in filing
  • Documents filed31 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 area36,117 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 12.62 cr

Extensions applied for1

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

ExtensionMar 2022 → Dec 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed31

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/1251/308/PR/190423/002526 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Registration Certificate .pdf-
Final work order & site release-2-
Final plan approval-
Final plan approval-
Performa Sale Deed RD and 222-
AGREEMENT & SALE DEED DRAFT 222-
Sale Deeds-
PHE COORINDATED LAYOUT-
Area Development Plan-
ALLOTMENT LETTER-
Residenza Broucher-
Project Specs-
1-04-2004 to 19-02-2019-min-
Affidavit (1)-
Affidavit cum Declaration-
RTC-
DMC Agreement -min-
Relinquishment Deed-min-
BESCOM NOC-
Final plan approval-
PHE COORINDATED LAYOUT-
Conversion-min-
Balance Sheet 2017 - 2018File: Balance Sheet 2017-18-min.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet 2016-17-min.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet Financial year 2015-16-min.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR FY 20117 18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR FY 2016 17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR Fy 2015 16.pdf-
Form B-
Prospectus/BrochureFile: Brouchure.pdf-
Advertisement Copy 1File: Brouchure.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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Builder: Ms. 222 Ventures

Ms. 222 Ventures has 1 registration on RERA Karnataka, including Reliaable Residenza Phase 1A. 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 Reliaable Residenza Phase 1A is delayed beyond 31 Dec 2022?

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 Reliaable Residenza Phase 1A?

The registered promoter entity is Ms. 222 Ventures, 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 Reliaable Residenza Phase 1A?

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 Reliaable Residenza Phase 1A?

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 Reliaable Residenza Phase 1A. 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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