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Registration approved Residential/Group Housing project

Soul & Soil - Phase 1

By Assetz Value Homes North Private Limited

RG-KA-08177 · RERA PRM/KA/RERA/1251/446/PR/180516/001716

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
Feb 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 37 documents Report an error

Soul & Soil - Phase 1 is a Residential/Group Housing project by Assetz Value Homes North Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180516/001716 on 16 May 2018. Possession is promised by 28 Feb 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSoul & Soil - Phase 1
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/180516/001716
  • ReraGenie IDRG-KA-08177

Builder

  • NameAssetz Value Homes North Private Limited
  • Entity typeCompany
  • CINU45205KA2015PTC081002
  • Authorized SignatorySomasundaram Thiruppathi
  • Other registrations2 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredMay 2018First promiseMay 2022Revised toFeb 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 May 2018
  • Promised completion28 Feb 2023
  • Revised completionRevised to 28 Feb 2023 (originally 31 May 2022)
  • Buildings8 building records
  • Documents filed37 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block 1---505
Block 2---606
Block 3---505
Block 4---14014
Block 5---10010
Block 6---505
Block 7---404
Block 8---505

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 workNot applicable
Retaining wall (All types)Not applicable
Plinth level BeamNot applicable
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etcNot applicable
Plastering inside , outside & CeilingNot applicable
Joinery: Doors, Windows, Ventilators etcNot applicable
Basic work of Water supply, Sanitary and ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
Railing and Grill fixingNot applicable
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
PaintingNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawingsNot applicable

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 waterNoNot applicable
Solid waste management and disposalYes-
Water conservationYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
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 HallNoNot applicable
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsNoNot applicable
Staircases and Lift lobbies, corridor,lobbies, corridorNoNot applicable
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
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 area17,020 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 76.87 cr

Certifying professionals and partners2

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

RoleName
ArchitectSpace matrix
EngineerDesigntree service consultants PVT Ltd

Extensions applied for1

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

ExtensionMay 2022 → Feb 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed37

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/180516/001716 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Commencement Certificate-
PHASEWISE APPROVED PLAN BY ARCHITECT-
plan-
Soul and Soil Sale Deed-
Proforma of Agreement for sale-
Land -Sale Deed -proposed-
PHASEWISE APPROVED PLAN BY ARCHITECT-
Allotment letter-
Soul&Soil Brochure-
Soul & Soil -Specifications-
EC-
Khata-
PLAN BLOCK WISE-
CONVERSTION oRDER-
EC reflecting APG Sale Deed-
NOc KSPCB-
NOCs SLEIAAK-
plan-
paln-
Soul & Soil -Specifications-
Sale Deed dated 24April2018-
Balance Sheet 2016 - 2017File: Balance Sheet 2017.pdf-
Balance Sheet 2015 - 2016File: Balance sheet 2016.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Profit Loss 2017.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit Loss 2016.pdf-
Director's Report 2016 - 2017File: Director's Report 2017.pdf-
Director's Report 2015 - 2016File: Director's Report 16.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow Statement 2017.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement 2016.pdf-
Auditor's Report 2016 - 2017File: Auditors Report 2017.pdf-
Auditor's Report 2015 - 2016File: Auditors Report 2016.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR AY 2017 .pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR AY 2016 .pdf-
Form B-
Prospectus/BrochureFile: 2. 63 east, S&S, H&N and 38 banyan.pdf-
Advertisement Copy 1File: 2. 63 east, S&S, H&N and 38 banyan.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_180516_001716.xlsx-

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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Builder: Assetz Value Homes North Private Limited

Assetz Value Homes North Private Limited has 3 registrations on RERA Karnataka, including Soul & Soil - Phase 2B and Soul & Soil - Phase 1. Its filings declare 2 earlier projects, 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 Soul & Soil - Phase 1 is delayed beyond 28 Feb 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 Soul & Soil - Phase 1?

The registered promoter entity is Assetz Value Homes North Private Limited, a company as per the filing. Its CIN U45205KA2015PTC081002 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 Soul & Soil - Phase 1?

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 Soul & Soil - Phase 1?

The professionals named in the filing: Architect: Space matrix; Engineer: Designtree service consultants PVT Ltd. 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 Soul & Soil - Phase 1?

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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