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Registration approved Residential/Group Housing project

ROYAL RICH

By RRR CONSTRUCTIONS

RG-KA-26513 · RERA PRM/KA/RERA/1251/446/PR/200811/003520 · Last updated on RERA Karnataka portal: 25 Jul 2020

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
Sep 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 70 documents Report an error

ROYAL RICH is a Residential/Group Housing project by RRR CONSTRUCTIONS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/200811/003520 on 11 Aug 2020. Possession is promised by 30 Sep 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameROYAL RICH
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/446/PR/200811/003520
  • ReraGenie IDRG-KA-26513

Builder

  • NameRRR CONSTRUCTIONS
  • Entity typePartnership Firm
  • Authorized SignatoryU.RAMANAYYA

Key dates

this monthRegisteredAug 2020First promiseDec 2021Revised toSep 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on11 Aug 2020
  • Promised completion30 Sep 2022
  • Revised completionRevised to 30 Sep 2022 (originally 31 Dec 2021)
  • BuildingsNot stated in filing
  • Documents filed70 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 area1,440 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 60.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectT V SRINIVAS
EngineerT V SRINIVAS

Extensions applied for1

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

ExtensionDec 2021 → Sep 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed70

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/1251/446/PR/200811/003520 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Audited Balance Sheet and P&L Account with Chartered Accountant udinFile: Audited Balance sheet and Profit and Loss Account with Chartered accountant udin.pdf25 Jul 2020
submitted herewith audited balance sheet and p&L accountFile: Audited Balance Sheet and Profit and Loss account.pdf6 Jul 2020
Sir SubmittedFile: KSPCB.pdf30 Jun 2020
Sir chartered accountants letter is submitted and my firm is newFile: Income Tax Return Acknowledgement.pdf30 Jun 2020
Submitted Affidavit under Section 3(1)File: Affidavit section 3(1).pdf22 Jun 2020
Submitted Project specificationFile: Project Specification.pdf22 Jun 2020
New Partnership FirmFile: 2019-20 financial statement.pdf22 Jun 2020
visible plan copy submittedFile: Plan Sanction.pdf22 Jun 2020
CertificateFile: Firm Certificate.pdf-
Commencement Certificate-
Plan Sanction Letter-
Plan Sanction-
perform sale deed-
RTC-
Title copy of partition-
Plan Sanction Letter-
katha-
ALLOTMENT LETTER-
Brochure of Current-
Project Specification-
Encumbrance Certificate-
Affidavit cum Declaration-
Affidavit cum Declaration-
katha-
Joint Development Agreement-
Unnamed document-
conversion certificate-
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Unnamed document-
Unnamed document-
Unnamed document-
Plan Sanction-
NOC Karnataka state polution-
conversion certificate-
Unnamed document-
Balance Sheet 2018 - 2019File: Income Tax Return Acknowledgement.pdf-
Balance Sheet 2017 - 2018File: Income Tax Return Acknowledgement.pdf-
Balance Sheet 2016 - 2017File: Income Tax Return Acknowledgement.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Income Tax Return Acknowledgement.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Income Tax Return Acknowledgement.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Income Tax Return Acknowledgement.pdf-
Director's Report 2018 - 2019File: Income Tax Return Acknowledgement.pdf-
Director's Report 2017 - 2018File: Income Tax Return Acknowledgement.pdf-
Director's Report 2016 - 2017File: Income Tax Return Acknowledgement.pdf-
Cash Flow Statement 2018 - 2019File: Income Tax Return Acknowledgement.pdf-
Cash Flow Statement 2017 - 2018File: Income Tax Return Acknowledgement.pdf-
Auditor's Report 2018 - 2019File: Income Tax Return Acknowledgement.pdf-
Auditor's Report 2017 - 2018File: Income Tax Return Acknowledgement.pdf-
Auditor's Report 2016 - 2017File: Income Tax Return Acknowledgement.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: Income Tax Return Acknowledgement.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Income Tax Return Acknowledgement.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Income Tax Return Acknowledgement.pdf-
Form B-

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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmROYAL RICHOther 23Dot size: filed unitsN

Filed coordinates, straight-line distance. 23 registered projects within 2 km.

Builder: RRR CONSTRUCTIONS

RRR CONSTRUCTIONS has 1 registration on RERA Karnataka, including ROYAL RICH. 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 ROYAL RICH is delayed beyond 30 Sep 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 ROYAL RICH?

The registered promoter entity is RRR CONSTRUCTIONS, 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 ROYAL RICH?

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 RICH?

The professionals named in the filing: Architect: T V SRINIVAS; Engineer: T V SRINIVAS. 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 RICH?

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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