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Registration approved No litigation declared Residential/Group Housing project

Soul & Soil - Phase 2B

By Assetz Value Homes North Private Limited

RG-KA-11553 · RERA PRM/KA/RERA/1251/446/PR/070522/004859 · Last updated on RERA Karnataka portal: 23 Feb 2022

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
Jul 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 105 documents Report an error

Soul & Soil - Phase 2B 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/070522/004859 on 7 May 2022. Possession is promised by 31 Jul 2024.

At a glance

Project

  • NameSoul & Soil - Phase 2B
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
    • 560049
  • Pincode560049
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/446/PR/070522/004859
  • ReraGenie IDRG-KA-11553

Builder

  • NameAssetz Value Homes North Private Limited
  • Entity typeCompany
  • CINU45205KA2015PTC081002
  • GSTIN29AANCA5692C1ZD
  • Authorized SignatorySomasundaram Thiruppathi
  • CeoAkshay Kishore Dewani
  • DirectorsSomasundaram Thiruppathi, Jagannath Laxman Shetty, SHREYAS S HEGDE
  • Project HeadAkshay Kishore Dewani
  • Other registrations2 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredMay 2022PromisedJul 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 May 2022
  • Promised completion31 Jul 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed105 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block 15---18018

The full filing

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

Construction progress by building1

As on 23 Feb 2022, the date of the latest filing. 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-
Upto Plinth Level-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
Retaining wall (All types)Not applicable
RCC or MS Framed structure-
Masonry Construction-
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-
Painting-
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work-
Internal and External work including landscapes as per sanctioned drawings-

Progress on shared amenities40

As on 23 Feb 2022, the date of the latest filing. 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-
Sewage and Drainage SystemYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Solid waste management and disposalYes-
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsYes-
Electricity supply transformer and substationYes-
Storm water drainsYes-
Use of renewable energyYes-
Sewage Treatment Plant (STP)Yes-
Parks & Tree plantingYes-
Street LightingYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
Piped GasNoNot applicable
Water and SanitationYes-
Air ConditioningNoNot applicable
StaircasesYes-
LiftsYes-
Corridor/LobbiesYes-
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-
Common storage spacesNoNot applicable

Land and ownership2

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

Land area2,037 sq m
Named landowners2
LandownerVillageDistrict
Assetz Value Homes Private Limited--
Assetz Value Homes Private Limited--

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 27.34 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 14.73 cr-
Principal sum and interest payable to financial institutions-Non Banking financial institution (NBFC)Rs 10.54 cr-
On-site expenditure-Site OverheadRs 1.20 cr-
Approval CostRs 52.84 lakh-
On-site expenditure-Consultants FeesRs 33.63 lakh-

Certifying professionals and partners3

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

RoleName
ArchitectUrban Frame Pvt. Ltd. (Formerly Known as Space matrix)
EngineerB E Pruthviraja
Chartered AccountantY S Shetty & Company

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed105

As listed on the registration, under the names the promoter filed them with; the newest 80 of 105 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/070522/004859 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Covering LetterFile: Covering Letter.pdf23 Feb 2022
Updated ECFile: Annexure 1-EC - 1-04-2005 to 21-02-22.pdf23 Feb 2022
Guidance ValueFile: Annexure 2 -Guidance Value.pdf23 Feb 2022
Sale Deed by Krishna reddyFile: Annexure 3-Sale Deed by Krishna reddy.pdf23 Feb 2022
Clarification Regarding NOCsFile: Annexure 4-Clarification Regarding NOCs.pdf23 Feb 2022
Covering LetterFile: Covering Letter.pdf4 Feb 2022
Bank StatementFile: Annexure 1-Bank statement.pdf4 Feb 2022
Sale Deed & Release DeedFile: Annexure 2-Sale Deed and Release Deed.pdf4 Feb 2022
ECFile: Annexure 3-EC.pdf4 Feb 2022
Sale DeedFile: Annexure 4-Sale Deed.pdf4 Feb 2022
Non Litigation AffidavitFile: Annexure 5-NON litigation Affidavit.pdf4 Feb 2022
Clarification for NOCFile: Annexure 6-Clarification for Nocs.pdf4 Feb 2022
Covering LetterFile: Covering Letter.pdf14 Jan 2022
Bank Account ClarificationFile: Annexure 1-Bank Account Name.pdf14 Jan 2022
Gift deed & Released DeedFile: Annexure 2-Gift deed & Release Deed.pdf14 Jan 2022
Land Cost calculation and UpdationFile: Annexure 3 -Land cost.pdf14 Jan 2022
ECFile: Annexure 4-EC.pdf14 Jan 2022
Sale DeedFile: Annexure 5-Sale Deed.pdf14 Jan 2022
Proforma Sale DeedFile: Annexure 6-Proforma Sale Deed.pdf14 Jan 2022
Clarification Regarding BWSSB And BESCOMFile: Annexure 7 -NOC Issued by Power and Water Supply.pdf14 Jan 2022
Covering LetterFile: Covering Letter.pdf1 Jan 2022
Previous project detailsFile: Annexure 1-Previuos Project Details.pdf1 Jan 2022
Chartered accountant UDIN for 2018-19 and 2019-20 financial statementFile: Annexure 2-UDIN-Financial 2018-19 and 2019-20.pdf1 Jan 2022
Audited financial statement for 2020-21File: Annexure 3 -Signed Financial 2020-21.pdf1 Jan 2022
Mention estimated cost of constructionFile: Annexure 4-Estimated Construction Cost.pdf1 Jan 2022
Chartered accountant certificate for total estimated cost of the project and if any mortgage on theFile: Annexure 5-CA Certificate.pdf1 Jan 2022
Bank account name should be as per bank account direction circular upload bank account statementFile: Annexure 6-Bank Account Name.pdf1 Jan 2022
the certified copy obtained by the concerned Sub-registrar regarding value of the property based onFile: Annexure 7-Guidance Value.pdf1 Jan 2022
Mutation copy in the name of landowner for both sy nosFile: Annexure 8-Mutation.pdf1 Jan 2022
Sale deed and title deed from conversion landowner to Rajarajeshwary AssociatesFile: Annexure 9-Sale Deed.pdf1 Jan 2022
EC not properly uploaded. need to upload EC in in one direction and enlightening the Concerned surveFile: Annexure 10-EC from 01-04-2005.pdf1 Jan 2022
Need Non- litigation affidavit with respect the propertyFile: Annexure 11-NON litigation Affidavit.pdf1 Jan 2022
Update the Project Contractors DetailsFile: Annexure 12-Project Contractor Details.pdf1 Jan 2022
Upload the KSPCB NOCFile: Annexure 13 - KSPCB NOC.pdf1 Jan 2022
Engineering CertificateFile: Annexure 14-Engineer Certificate.pdf1 Jan 2022
Architect CertificateFile: Annexure 15-Architect Certificate.pdf1 Jan 2022
the demarcation plan with specifying proposed area of construction for this projectFile: Annexure 16-DemacationPlan.pdf1 Jan 2022
Upload the authorized signed copy of project specificationFile: Annexure 17-Signed Project Specification.pdf1 Jan 2022
Upload the NOC issued by Power supply and water supplyFile: Annexure 18 -NOC Issued by Power and Water Supply.pdf1 Jan 2022
the AOS notified by GOKFile: Annexure 19-Agreement to sale.pdf1 Jan 2022
Provision of STP/Septic tank and Soak pit in the projectFile: Annexure 20-Provision for STP.pdf1 Jan 2022
the Proforma of Allotment LetterFile: Annexure 21- Proforma Allotment.pdf1 Jan 2022
RTC, survey 43-
Mutation, survey 43-
Encumbrance Certificate, survey 43-
Conversion/Alienation Order, survey 43-
Sale/Title/Gift Deed, survey 43-
Khatha, survey 43-
RTC, survey 45-
Mutation, survey 45-
Encumbrance Certificate, survey 45-
Conversion/Alienation Order, survey 45-
Sale/Title/Gift Deed, survey 45-
Khatha, survey 45-
Registration CertificateFile: Annexure 1-COI.pdf-
Organization StructureFile: Annexure 11-Org Structure.pdf-
Certificate issued by CA Form 1File: Annexure 5-CA Certificate.pdf-
Certificate issued by Architect Form 2File: Annexure 15-Architect Certificate.pdf-
Certificate issued by Engineer Form 3File: Annexure 14-Engineer Certificate.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: Annexure 45-Affidavit.pdf-
Certificate from Chartered Account-
Balance Sheet 2020 - 2021File: Not yet Audited.pdf-
Balance Sheet 2019 - 2020File: Annexure 49b -Balance Sheet 2019-20.pdf-
Balance Sheet 2018 - 2019File: Annexure 49a-Balance Sheet 18-19.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Not yet Audited.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Annexure 50b-Profit & Loss 2019-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Annexure 50a-P & L 18-19.pdf-
Director's Report 2020 - 2021File: Not yet Audited.pdf-
Director's Report 2019 - 2020File: Annexure 51b-Director Report 2019-20.pdf-
Director's Report 2018 - 2019File: Annexure 51a-Director's Report 18-19.pdf-
Cash Flow Statement 2020 - 2021File: Not yet Audited.pdf-
Cash Flow Statement 2019 - 2020File: Annexure 52b-Cash Flow 2019-20.pdf-
Auditor's Report 2020 - 2021File: Not yet Audited.pdf-
Auditor's Report 2019 - 2020File: Annexure 53b-Auditor Report 2019-20.pdf-
Auditor's Report 2018 - 2019File: Annexure 53a-Auditor's Report 18-19.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: Not yet Audited.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: Annexure 54b-ITR 2019-20.pdf-

Promoter's earlier projects2

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.

2 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Soul & Soil Phase 2ASurvey No 43 (P) & 45 (P), Chikkagubbi Village, Bidarahalli HobliOngoingOct 2023Not delivered
Soul & Soil Phase 1Survey No 43 (P) & 45 (P), Chikkagubbi Village, Bidarahalli HobliOngoingMay 2022Not delivered

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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 kmSoul & Soil - Phase 2BOther 39Dot size: filed unitsN

Filed coordinates, straight-line distance. 39 registered projects within 2 km.

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 2B is delayed beyond 31 Jul 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 Soul & Soil - Phase 2B?

The registered promoter entity is Assetz Value Homes North Private Limited, a company as per the filing. Its CIN U45205KA2015PTC081002 and GSTIN 29AANCA5692C1ZD 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 2B?

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 2B?

The professionals named in the filing: Architect: Urban Frame Pvt. Ltd. (Formerly Known as Space matrix); Engineer: B E Pruthviraja; Chartered Accountant: Y S Shetty & Company. 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 2B?

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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