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Registration approved No litigation declared Plotted Development project

ROYAL PALMS

By PRIME DEVELOPERS

RG-KA-79068 · RERA PRM/KA/RERA/1248/469/PR/300823/006197 · Last updated on RERA Karnataka portal: 11 Aug 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
Mar 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 142 documents Report an error

ROYAL PALMS is a Plotted Development project by PRIME DEVELOPERS in Ballari, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/469/PR/300823/006197 on 30 Aug 2023. Possession is promised by 31 Mar 2024.

At a glance

Project

  • NameROYAL PALMS
  • TypePlotted Development
  • Location
    • Ballari
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1248/469/PR/300823/006197
  • ReraGenie IDRG-KA-79068

Builder

  • NamePRIME DEVELOPERS
  • Entity typePartnership Firm
  • GSTIN29AAZFP0187C1ZS
  • Authorized SignatoryY NAVAKOTI REDDY
  • Other registrations2 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredAug 2023PromisedMar 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on30 Aug 2023
  • Promised completion31 Mar 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed142 files

The full filing

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

Land and ownership6

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

Named landowners6
LandownerVillageDistrict
B SADASIVA--
KARUR ANIL KUMAR--
R J NIRMALA ALIAS GEETHA VANI PRABHU R--
B SADASIVA--
SRINIVAS REDDY S--
SRINIVAS REDDY S--

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 61.11 lakh
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 61.11 lakh-

Certifying professionals and partners2

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

RoleName
EngineerKANDHULA LAKSHMIKANTH REDDY
Chartered AccountantVENKATESWARA PRASAD K

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed142

As listed on the registration, under the names the promoter filed them with; the newest 80 of 142 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1248/469/PR/300823/006197 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
AFFIDAVIT IN FORM B - DULY SIGNED AND NOTARISED IS ATTACHEDFile: FORM B.pdf11 Aug 2023
NON LITIGATION AFFIDAVIT - DULY SIGNED AND NOTARISEDFile: NON LITIGATION LAND OWNERS.pdf11 Aug 2023
Notarised Non litigation affidavit by land ownersFile: non litigation land owners .pdf12 Jul 2023
Notarised Form BFile: Form B.pdf12 Jul 2023
NOC of KUWS & DBFile: NOC of KUWS & DB.pdf12 Jul 2023
NOC of GESCOMFile: NOC of GESCOM.pdf12 Jul 2023
NOC OF BUDA (Buda provisional approval)File: NOC of BUDA.pdf12 Jul 2023
NOC of BUDA to commence civil worksFile: NOC of Civil Works.pdf12 Jul 2023
1. (b) Uploaded profit and loss account and balance sheet, 2020-21File: Profit & loss and Balance sheet fin yr 2020-21.pdf2 Jun 2023
1.(c) Uploaded profit and loss account and balance sheet, 2021-22File: Profit & loss and Balance sheet for fin year 2021-22.pdf2 Jun 2023
2.Percentage of ownership in entity mentioned in partnership deedFile: 3-PARTNERSHIP DEED Compress.pdf2 Jun 2023
3.Uploaded Certificate of AuthorizationFile: Certificate of Authorisation-Deed.pdf2 Jun 2023
4. sources of funds With supporting documentsFile: SOURCES OF FUND Compress.pdf2 Jun 2023
1. Uploaded EC from 01.04.2008 to till dateFile: EC FROM 01 04 2008 TO TILL DATE Compress.pdf2 Jun 2023
2. Hissa Podi copy for all Sy. NosFile: HISSA PODI FOR ALLA SY NOS Compress.pdf2 Jun 2023
2(a). Aakar bankh for all Sy. NosFile: AKARBAND FOR ALL SY NOS.pdf2 Jun 2023
2. Individual plot Size, Dimension and AreaFile: ROYAL PALMS .xlsx2 Jun 2023
3. Uploaded Layout Work OrderFile: BUDA LAYOUT WORK ORDER-ENGINEERING SECTION.pdf2 Jun 2023
4. Uploaded village mapFile: VILLAGE MAP.pdf2 Jun 2023
5. Uploaded Architects certificateFile: Form 2.pdf2 Jun 2023
3. Uploaded Engineer certificateFile: Form 3.pdf2 Jun 2023
4. Estimated cost of construction certified by the EngineerFile: BUDA LAYOUT WORK ORDER-ENGINEERING SECTION.pdf2 Jun 2023
RTC, survey 152/1-
Mutation, survey 152/1-
Encumbrance Certificate, survey 152/1-
Conversion/Alienation Order, survey 152/1-
Sale/Title/Gift Deed, survey 152/1-
JDA, survey 152/1-
Khatha, survey 152/1-
RTC, survey 152/2-
Mutation, survey 152/2-
Encumbrance Certificate, survey 152/2-
Conversion/Alienation Order, survey 152/2-
Sale/Title/Gift Deed, survey 152/2-
JDA, survey 152/2-
Khatha, survey 152/2-
RTC, survey 152A/2a-
Mutation, survey 152A/2a-
Encumbrance Certificate, survey 152A/2a-
Conversion/Alienation Order, survey 152A/2a-
Sale/Title/Gift Deed, survey 152A/2a-
JDA, survey 152A/2a-
Khatha, survey 152A/2a-
RTC, survey 153/3-
Mutation, survey 153/3-
Encumbrance Certificate, survey 153/3-
Conversion/Alienation Order, survey 153/3-
Sale/Title/Gift Deed, survey 153/3-
JDA, survey 153/3-
Khatha, survey 153/3-
RTC, survey 153/B/1-
Mutation, survey 153/B/1-
Encumbrance Certificate, survey 153/B/1-
Conversion/Alienation Order, survey 153/B/1-
Sale/Title/Gift Deed, survey 153/B/1-
JDA, survey 153/B/1-
Khatha, survey 153/B/1-
RTC, survey 153/1-
Mutation, survey 153/1-
Encumbrance Certificate, survey 153/1-
Conversion/Alienation Order, survey 153/1-
Sale/Title/Gift Deed, survey 153/1-
JDA, survey 153/1-
Khatha, survey 153/1-
Registration CertificateFile: PARTNERSHIP REGISTRATION CERTIFICATE_compressed.pdf-
Partnership DeedFile: Partnership deed.pdf-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1.pdf-
Certificate issued by Engineer Form 3File: Form 3.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non Litigation owners and developers.pdf-
Certificate from Chartered AccountFile: Form 1.pdf-
Certificate issued by ArchitectFile: Form 2.pdf-
Balance Sheet 2021 - 2022File: Balance sheet fin 21-22.pdf-
Balance Sheet 2020 - 2021File: Balance sheet fin yr 20-21.pdf-

How this compares with Ballari

2%of Ballari projects moved their completion datethis one has not
0%of Ballari registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Ballari projects on ReraGenie, from their own filings.

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Builder: PRIME DEVELOPERS

PRIME DEVELOPERS has 3 registrations on RERA Karnataka, including NTS SHELTERS and ROYAL PALMS. Its filings declare 2 earlier projects, 2 of them declared completed. Read the full track record. See more projects on the Ballari district page.

Frequently asked questions

What are my rights if ROYAL PALMS is delayed beyond 31 Mar 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 ROYAL PALMS?

The registered promoter entity is PRIME DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29AAZFP0187C1ZS can be cross-checked on the MCA and GST portals. 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 PALMS?

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 ROYAL PALMS?

The professionals named in the filing: Engineer: KANDHULA LAKSHMIKANTH REDDY; Chartered Accountant: VENKATESWARA PRASAD K. 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 ROYAL PALMS?

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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