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Registration approved No litigation declared Plotted Development project

Soulace by Modern Spaaces

By Modern Spaaces Ventures

RG-KA-41386 · RERA PRM/KA/RERA/1251/308/PR/150223/005723 · Last updated on RERA Karnataka portal: 13 Feb 2023

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
Dec 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 282 documents Report an error

Soulace by Modern Spaaces is a Plotted Development project by Modern Spaaces Ventures in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/150223/005723 on 15 Feb 2023. Possession is promised by 31 Dec 2024.

At a glance

Project

  • NameSoulace by Modern Spaaces
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
    • 562125
  • Pincode562125
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/308/PR/150223/005723
  • ReraGenie IDRG-KA-41386

Builder

  • NameModern Spaaces Ventures
  • Entity typePartnership Firm
  • GSTIN29ABNFM0253F1Z8
  • Authorized SignatoryYathish S
  • Other registrations5 more →
  • Declared earlier projects6 →

Key dates

this monthRegisteredFeb 2023PromisedDec 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Feb 2023
  • Promised completion31 Dec 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed282 files

The full filing

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

Land and ownership67

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

Named landowners67
LandownerVillageDistrict
Modern Spaaces Ventures--
Modern Spaaces Ventures--
Modern Spaaces Ventures--
Modern Spaaces Ventures--
Modern Spaaces Ventures--
Modern Spaaces Ventures--
Modern Spaaces Ventures--
Modern Spaaces Ventures--
Munirathnamma--
Babu H M--
M Nagavani--
Keshavareddy H M--
Thanusha K--
L Krishna Reddy--
C K Manjunatha--
C K Shivananda Kumar--
Chakarapani K G--
Srinivas--
K Ruchitha--
Sharanyaa Vanditha--
K G Krishna--
Keerthana K S--
Rashika B--
Somashekaru--
K G Sreepalareddy--
Yashika S--
Harsha C--
Govindareddy--
Paravathamma--
Divya S--
Chaithra S--
Priyanka B--
Shashank K S--
Bhupal Reddy--
K G Shekar--
Anush--
Ambarish--
Padmavathi K N--
Bhuvaneshwari C--
Jayalakshamamma--
Geethanjali--
Ambarish--
Jayalakshmamma--
Geethanjali SM--
Chowdamma--
Theerthan K N--
K Nagaraju--
K Srinivas--
Shivappa Reddy--
Nikhil--
K C Jayaprakash--
Hitesh J P--
K N Manjunatha--
Prakash Y A--
Thimmayya--
Beeresh T--
Ramachandrappa K M--
Nandish T--
Kishore--
Thimmayya--
Beeresh T--
Nandish T--
Ramacharappa K M--
Thimmayya--
Beeresh T--
Nandish T--
Ramacharappa K M--

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 30.74 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 19.20 cr-
On-site expenditure-Site OverheadRs 5.00 cr-
Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for constructionRs 5.00 cr-
On-site expenditure-Consultants FeesRs 1.34 cr-
Payment of taxesRs 20.00 lakh-

Certifying professionals and partners2

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

RoleName
EngineerPraveen BV
Chartered AccountantPrakash N

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed282

As listed on the registration, under the names the promoter filed them with; the newest 80 of 282 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/308/PR/150223/005723 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CLARIFICATION FOR CHANGE IN NUMBER OF UNITS in KSPCB NOC and Approved PlanFile: 2 CLARIFICATION FOR CHANGE IN NUMBER OF UNITS in KSPCB NOC and Approved Plan.pdf13 Feb 2023
Zonal RegulationsFile: 3 Zonal Regulations.pdf13 Feb 2023
ADLR SKETCH Nala demarcationFile: 4 ADLR SKETCH Nala demarcation.pdf13 Feb 2023
Clarification on Project start and end dateFile: 5 Clarification on Project start and end date.pdf13 Feb 2023
CLU 34-1 1A 4G Portion 1File: 6 CLU 34-1 1A 4G Portion 1.pdf13 Feb 2023
CLU 34-1 1A 4G Portion 2File: 7 CLU 34-1 1A 4G Portion 2.pdf13 Feb 2023
CLU-All Other Survey NoFile: 8 CLU-All Other Survey No.pdf13 Feb 2023
BESCOM NOC with Fee paid receiptFile: 9 BESCOM NOC with Fee paid receipt.pdf13 Feb 2023
Clarification on Change of Land UseFile: 10 Clarification on Change of Land Use.pdf13 Feb 2023
Phodi Documents Sy No 34-2File: 11 Phodi Documents Sy No 34-2.pdf13 Feb 2023
Clarification on Relinquishment DeedFile: 1 Clarification on Relinquishment Deed.pdf13 Feb 2023
RTC, survey 24-1-
Mutation, survey 24-1-
Encumbrance Certificate, survey 24-1-
Conversion/Alienation Order, survey 24-1-
Sale/Title/Gift Deed, survey 24-1-
Khatha, survey 24-1-
RTC, survey 24-2-
Mutation, survey 24-2-
Encumbrance Certificate, survey 24-2-
Conversion/Alienation Order, survey 24-2-
Sale/Title/Gift Deed, survey 24-2-
Khatha, survey 24-2-
RTC, survey 24-3-
Mutation, survey 24-3-
Encumbrance Certificate, survey 24-3-
Conversion/Alienation Order, survey 24-3-
Sale/Title/Gift Deed, survey 24-3-
Khatha, survey 24-3-
RTC, survey 24-4-
Mutation, survey 24-4-
Encumbrance Certificate, survey 24-4-
Conversion/Alienation Order, survey 24-4-
Sale/Title/Gift Deed, survey 24-4-
Khatha, survey 24-4-
RTC, survey 24-7-
Mutation, survey 24-7-
Encumbrance Certificate, survey 24-7-
Conversion/Alienation Order, survey 24-7-
Sale/Title/Gift Deed, survey 24-7-
Khatha, survey 24-7-
RTC, survey 25-3-
Mutation, survey 25-3-
Encumbrance Certificate, survey 25-3-
Conversion/Alienation Order, survey 25-3-
Sale/Title/Gift Deed, survey 25-3-
Khatha, survey 25-3-
RTC, survey 33-5-
Mutation, survey 33-5-
Encumbrance Certificate, survey 33-5-
Conversion/Alienation Order, survey 33-5-
Sale/Title/Gift Deed, survey 33-5-
Khatha, survey 33-5-
RTC, survey 33-6-
Mutation, survey 33-6-
Encumbrance Certificate, survey 33-6-
Conversion/Alienation Order, survey 33-6-
Sale/Title/Gift Deed, survey 33-6-
Khatha, survey 33-6-
RTC, survey 24-5-
Mutation, survey 24-5-
Encumbrance Certificate, survey 24-5-
Conversion/Alienation Order, survey 24-5-
Sale/Title/Gift Deed, survey 24-5-
JDA, survey 24-5-
Khatha, survey 24-5-
RTC, survey 24-6-
Mutation, survey 24-6-
Encumbrance Certificate, survey 24-6-
Conversion/Alienation Order, survey 24-6-
Sale/Title/Gift Deed, survey 24-6-
JDA, survey 24-6-
Khatha, survey 24-6-
RTC, survey 25-2-
Mutation, survey 25-2-
Encumbrance Certificate, survey 25-2-
Conversion/Alienation Order, survey 25-2-
Sale/Title/Gift Deed, survey 25-2-
JDA, survey 25-2-
Khatha, survey 25-2-

Promoter's earlier projects5

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.

5 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Soul Tree - BlissSy No. 12, Kadaagrahara Village, , Sarjapura Hobli, Anekal Taluk,OngoingJun 2023Not delivered
302 WestSy No.7/1 And 30/1,31/1, Chikkadunnasandra Village,, and Sompura village Sarjapura Main RoadOngoingJun 2023Not delivered
Soul Tree - NirvanaSy No. 12, Kadaagrahara Village, , Sarjapura Hobli, Anekal Taluk,OngoingApr 2023Not delivered
Soul Tree - SerenitySy No.13/1, Kadaagrahara Village, Sarjapura HobliOngoingMar 2023Not delivered
77 East Phase 2Sy No.7/2, cozy Home Layout, , Chikkadunnasandra Village, Sarjapura Main RoadOngoingMar 2023Not 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 kmSoulace by Modern SpaaceOther 42Dot size: filed unitsN

Filed coordinates, straight-line distance. 42 registered projects within 2 km.

Builder: Modern Spaaces Ventures

MODERN SPAACES VENTURES has 6 registrations on RERA Karnataka, including ENGRACE VISTA and Soulace by Modern Spaaces. Its filings declare 6 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 Soulace by Modern Spaaces is delayed beyond 31 Dec 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 Soulace by Modern Spaaces?

The registered promoter entity is Modern Spaaces Ventures, a partnership firm as per the filing. Its GSTIN 29ABNFM0253F1Z8 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 Soulace by Modern Spaaces?

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 Soulace by Modern Spaaces?

The professionals named in the filing: Engineer: Praveen BV; Chartered Accountant: Prakash N. 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 Soulace by Modern Spaaces?

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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About Soulace by Modern Spaaces. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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