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Registration approved Residential/Group Housing project

Ruchira Iris

By Ruchira Projects Pvt Ltd

RG-KA-53657 · RERA PRM/KA/RERA/1251/446/PR/180605/001876

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka
  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • Separate project account declared
Jan 2023Possession promisedmoved 9 months from the original
1Complaints at RERA Karnatakaon this registration
Jump to the 53 documents Report an error

Ruchira Iris is a Residential/Group Housing project by Ruchira Projects Pvt Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180605/001876 on 5 Jun 2018. Possession is promised by 24 Jan 2023. The completion date has moved by 9 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NameRuchira Iris
  • 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/180605/001876
  • ReraGenie IDRG-KA-53657

Builder

  • NameRuchira Projects Pvt Ltd
  • Entity typeCompany
  • Authorized SignatoryRamanjulu Goniguntla
  • Declared earlier projects1 →

Key dates

this monthRegisteredJun 2018First promiseApr 2022Revised toJan 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on5 Jun 2018
  • Promised completion24 Jan 2023
  • Revised completionRevised to 24 Jan 2023 (originally 24 Apr 2022)
  • Buildings2 building records
  • Documents filed53 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---1080108
B---99099

The full filing

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

Construction progress by building1

The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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 area12,949 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 55.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectNarendra Reddy B V
EngineerBhaskar Y

Extensions applied for1

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

ExtensionApr 2022 → Jan 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/220511/0009452-Ruchira Projects Pvt Ltd11/05/2022

Documents filed53

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/180605/001876 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Ruchira Incorporation Certificate.jpg-
plan other document-
AGREEMENT OF SALE IRIS-
Motherdeed and RTC-
TYPICAL FLOOR PLAN-
Conversition & Survey Skctch-
SPECIFICATIONS-
EC 7-9-2017 to 15-5-18-
Katha & Tax Reciept-
JDA-
Typical 2 to 11-
Conversition & Survey Skctch-
FIRE NOC-
Airport Authority NOC-
BESCOM NOC-
Punchyath water NOC-
KSPCB Ack copy-
SEIAA-
BSNL NOC-
structral-
MYSCAN_20180508_0009-
Conversition & Survey Skctch-
Balance Sheet 2016 - 2017File: Balance Sheet -17-18.pdf-
Balance Sheet 2015 - 2016File: BALANCE SHEET -16.PDF-
Balance Sheet 2014 - 2015File: RUCHIRA BALANCE SHEET AY 15.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Profit & loss - 17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: PROFIT & LOSS -16.PDF-
Audited Profit and Loss Statement 2014 - 2015File: PROFIT AND LOSS AY 15.pdf-
Director's Report 2016 - 2017File: Directors report 2017.pdf-
Director's Report 2015 - 2016File: Directors report 2016.pdf-
Director's Report 2014 - 2015File: Directors report 2015.pdf-
Auditor's Report 2016 - 2017File: Ruchira Form 3CD AUDIT REPORT-2017-18.pdf-
Auditor's Report 2015 - 2016File: Audit Report - 16.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR-17.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: RUCHIRA ITR -16.PDF-
Declaration Form-
Prospectus/BrochureFile: Brochure IRIS.pdf-
Advertisement Copy 1File: Brochure IRIS.pdf-
Tower Excel SheetFile: RUCHIRA IRIS- Sq-Mtr.xlsx-
Loan raised documentFile: Bajaj Mortgage MDP-1-04686 2020-21.pdf-
Stability CertificateFile: Form 6.pdf-
NOC issued by the Fire Force department after completion of workFile: 65328 (1).pdf-
Occupancy CertificateFile: IRIS OC CERTIFICATE.pdf-
Consent for operation issued by KSPCBFile: KSPCB CFO NOC.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: sri m chandrashekar reddy and others gpa holders ms ruchira projects pvt ltd rep by its di-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: Bescom.jpeg-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: Panchyath Water NOC.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: WhatsApp Image 1.jpeg-
Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: WhatsApp Image 2.jpeg-
Details of undivided share of land handed over to the association of allotteesFile: Iris Sharing.PDF-
Architect certificate for having completed the work(in format no 5)File: Form 6.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: form 4 (1).pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Rera affidavit cum declaration.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 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Ruchira Lilium-OngoingJun 2018Not delivered

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 kmRuchira IrisOther 37Dot size: filed unitsN

Filed coordinates, straight-line distance. 37 registered projects within 2 km.

Builder: Ruchira Projects Pvt Ltd

Ruchira Projects Pvt Ltd has 1 registration on RERA Karnataka, including Ruchira Iris. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Ruchira Iris is delayed beyond 24 Jan 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 Ruchira Iris?

The registered promoter entity is Ruchira Projects Pvt Ltd, a company 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 Ruchira 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.

How do I read the complaint cases filed against Ruchira Iris?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at Ruchira Iris?

The professionals named in the filing: Architect: Narendra Reddy B V; Engineer: Bhaskar Y. 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 Ruchira 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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