Home / Browse projects / Kolar, Karnataka / ROYAL IRIS
ROYAL IRIS
By B R LAKSHMI
RG-KA-44714 · RERA PRM/KA/RERA/1265/339/PR/181103/002129
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
Saved.
ROYAL IRIS is a Plotted Development project by B R LAKSHMI in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/339/PR/181103/002129 on 3 Nov 2018. Possession is promised by 4 Jun 2021. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NameROYAL IRIS
- TypePlotted Development
- Location
- Kolar
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1265/339/PR/181103/002129
- ReraGenie IDRG-KA-44714
Builder
- NameB R LAKSHMI
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on3 Nov 2018
- Promised completion4 Jun 2021
- Revised completionRevised to 4 Jun 2021 (originally 4 Sep 2020)
- BuildingsNot stated in filing
- Documents filed27 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.
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.
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed27
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/1265/339/PR/181103/002129 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Commencement Certificate | - |
| Approved Plan | - |
| Approved Plan | - |
| NA1 | - |
| NA1 | - |
| Sale Deeds | - |
| Approved Plan | - |
| Approved Plan | - |
| Allotment Letter | - |
| NA BROCHURE | - |
| Project Specification | - |
| EC1 | - |
| KHATA | - |
| CONVERSION ORDER | - |
| Approved Plan | - |
| Approved Plan | - |
| NA1 | - |
| Balance Sheet 2016 - 2017File: BS 17-18.jpg | - |
| Balance Sheet 2015 - 2016File: BS 16-17.jpg | - |
| Balance Sheet 2014 - 2015File: BS 15-16.jpg | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR FY 17-18.jpg | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR FY 16-17.jpg | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ITR FY 15-16.jpg | - |
| AFFIDAVIT Cum DECLARATION | - |
| Prospectus/BrochureFile: NA BROCHURE.pdf | - |
| Advertisement Copy 1File: NA BROCHURE.pdf | - |
| Plot Excel SheetFile: Plot Details - PRM_KA_RERA_1265_339_PR_181103_002129.xlsx | - |
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Computed across the 190+ Kolar projects on ReraGenie, from their own filings.
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Builder: B R LAKSHMI
B R LAKSHMI has 1 registration on RERA Karnataka, including ROYAL IRIS. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kolar district page.
Frequently asked questions
What are my rights if ROYAL IRIS is delayed beyond 4 Jun 2021?
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 ROYAL IRIS?
The registered promoter entity is B R LAKSHMI. 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 ROYAL IRIS?
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 ROYAL IRIS?
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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