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Shodhan Rainbow
RG-KA-54525 · RERA PRM/KA/RERA/1251/309/PR/230310/005784 · Last updated on RERA Karnataka portal: 30 May 2022
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
Shodhan Rainbow is a Residential/Group Housing project by SHODHAN ESTATES in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/230310/005784 on 10 Mar 2023. Possession is promised by 31 Mar 2019.
At a glance
Project
- NameShodhan Rainbow
- TypeResidential/Group Housing
- Location
- Bengaluru North
- Bengaluru Urban
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/309/PR/230310/005784
- ReraGenie IDRG-KA-54525
Builder
- NameSHODHAN ESTATES
- Entity typePartnership Firm
- Authorized SignatoryA R Manjunatha Babu
- OthersE M Mallikarjun, H P Ashok Kumar, Vinod B Patil, K S Renukananda, Nirmala Devi, S Umapathi, K S Sudha
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on10 Mar 2023
- Promised completion31 Mar 2019
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed72 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| A S Paramesh | - | - |
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Manjunath Babu A R |
| Engineer | Manjunath Babu A R |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed72
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/1251/309/PR/230310/005784 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| BS and P&L_18-19File: Balance Sheet-P&L-2018-19.pdf | 30 May 2022 |
| BS and P&L_20-21File: Balance Sheet-P&L-2020-21.pdf | 30 May 2022 |
| BS and P&L_19-20File: Balance Sheet-P&L-2019-20.pdf | 30 May 2022 |
| Penalty paid details_challansFile: Challan_penalty.pdf | 30 May 2022 |
| Affidavit_3(1)File: Affidavit_RERA_Shodhan Estates.pdf | 30 May 2022 |
| Joint Affidavit cum declarationFile: Affidavit (1)_RERA_Shodhan Estates.pdf | 30 May 2022 |
| 1.1-PnL-Balance-Sheets-18-19File: Shodhan Estate Balance Sheet-19.pdf | 16 Apr 2022 |
| 1.1-PnL-Balance-Sheets-19-20File: Shodhan Estate Balance Sheet-20.pdf | 16 Apr 2022 |
| 1.1-PnL-Balance-Sheets-20-21File: Shodhan Estate Balance Sheet-21.pdf | 16 Apr 2022 |
| 1.2-Bank-Account-NameFile: Bank Account Name.pdf | 16 Apr 2022 |
| 1.3-project-Fees-ChallanFile: Challans.pdf | 16 Apr 2022 |
| 2.1-RTCFile: RTC-14-15.pdf | 16 Apr 2022 |
| 2.3-Sale-Deed-Dated-24-05-1972File: SaleDeed-Original.pdf | 16 Apr 2022 |
| 3.1-KSPCB-NOCFile: KSPCB-NOC.pdf | 16 Apr 2022 |
| 3.2-OCFile: OC.pdf | 16 Apr 2022 |
| 3.2-Sold-And-Unsold-Flat-DetailsFile: SoldAndUnsoldDetails.pdf | 16 Apr 2022 |
| 4.1-Land-Owner-DetailsFile: ShodhanEstates-ProjectLandOwnerDetails.pdf | 16 Apr 2022 |
| 4.2-BHK-Wise-Development-DetailsFile: BHK-wise-Development-Details.pdf | 16 Apr 2022 |
| 4.3-Contractor-Engineer-Architect-DetailsFile: Certificates.pdf | 16 Apr 2022 |
| 4.4-KSPCB-NOCFile: KSPCB-NOC.pdf | 16 Apr 2022 |
| 4.4-BESCOM-Sanction-LetterFile: BESCOM-SANCTION-LETTER.pdf | 16 Apr 2022 |
| 4.5-ApprovedDrawingFile: Drawings.pdf | 16 Apr 2022 |
| 4.6-OCFile: OC.pdf | 16 Apr 2022 |
| 4.6-CCFile: CC.pdf | 16 Apr 2022 |
| 4.7-Project-SpecsFile: Project-Specs.pdf | 16 Apr 2022 |
| 4.9-Proforma-AOSFile: SALE-AGREEMENT-PROFORMA.pdf | 16 Apr 2022 |
| 4.10-STP-DetailsFile: STP-Details.pdf | 16 Apr 2022 |
| 4.10-STP-CFOFile: CFO.pdf | 16 Apr 2022 |
| 4.12-Penalty-Paid-DetailsFile: Penalty-Details.pdf | 16 Apr 2022 |
| 2.2-Notarized-Joint-Affidavit-Cum-DeclarationFile: Affidavit-Cum-Declaration.pdf | 16 Apr 2022 |
| 4.11-Section3(1)-Notarized-AffidavitFile: Affidavit3(1).pdf | 16 Apr 2022 |
| 4.13-Penalty-Paid-ReceiptsFile: AdditionalPenaltyReceipts.pdf | 16 Apr 2022 |
| CertificateFile: SE_REGISTRATION-CERTIFICATE.pdf | - |
| SE-COMMENCEMENT-CERTIFICATE | - |
| SE-APPROVED-PLAN1 | - |
| SE-APPROVED-PLAN | - |
| SALE-DEED-PROFORMA | - |
| SALE-AGREEMENT-PROFORMA | - |
| SE-LAND-SALE-DEED | - |
| SE-APPROVED-SECTION | - |
| SE-APPROVED-PLAN4 | - |
| Allotment-Letter-Proforma | - |
| SHODHAN-RAINBOW-BROCHURE | - |
| SHODHAN-RAINBOW-SPECIFICATIONS | - |
| EC | - |
| SE-LAND-KHATHA | - |
| JDA GPA | - |
| CONVERSION CERTIFICATE | - |
| SE-BWSSB-NOC | - |
| SE-APPROVED-PLAN | - |
| SE-APPROVED-PLAN | - |
| CONVERSION CERTIFICATE | - |
| Balance Sheet 2016 - 2017File: SE-CASHFLOW-11-17.pdf | - |
| Balance Sheet 2015 - 2016File: SE-ITR FINANCIALS-15-16.pdf | - |
| Balance Sheet 2014 - 2015File: SE-ITR FINANCIALS-14-15.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: SE-AUDIT-REPORT-16-17.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: SE-ITR FINANCIALS-15-16.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: SE-ITR FINANCIALS-14-15.pdf | - |
| Director's Report 2016 - 2017File: SE-ITR FINANCIALS-16-17.pdf | - |
| Director's Report 2015 - 2016File: SE-ITR FINANCIALS-15-16.pdf | - |
| Director's Report 2014 - 2015File: SE-ITR FINANCIALS-14-15.pdf | - |
| Cash Flow Statement 2016 - 2017File: SE-CASHFLOW-11-17.pdf | - |
| Cash Flow Statement 2015 - 2016File: SE-ITR FINANCIALS-15-16.pdf | - |
| Auditor's Report 2016 - 2017File: SE-AUDIT-REPORT-16-17.pdf | - |
| Auditor's Report 2015 - 2016File: SE-ITR FINANCIALS-15-16.pdf | - |
| Auditor's Report 2014 - 2015File: SE-ITR FINANCIALS-14-15.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: SE-ITR FINANCIALS-16-17.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: SE-ITR FINANCIALS-15-16.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: SE-ITR FINANCIALS-14-15.pdf | - |
| SE-Form-B | - |
| Appeal 1 Order CopyFile: 2875.pdf | - |
| Appeal 2 Order CopyFile: 2875.pdf | - |
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Builder: SHODHAN ESTATES
SHODHAN ESTATES has 1 registration on RERA Karnataka, including Shodhan Rainbow. 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 Shodhan Rainbow is delayed beyond 31 Mar 2019?
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 Shodhan Rainbow?
The registered promoter entity is SHODHAN ESTATES, 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 Shodhan Rainbow?
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 Shodhan Rainbow?
The professionals named in the filing: Architect: Manjunath Babu A R; Engineer: Manjunath Babu A R. 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 Shodhan Rainbow?
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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