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SPEED RWF TOWNSHIP
RG-KA-65951 · RERA PRM/KA/RERA/1250/301/PR/150523/005930 · Last updated on RERA Karnataka portal: 4 May 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
Saved.
SPEED RWF TOWNSHIP is a Plotted Development project by Formanu Services in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/301/PR/150523/005930 on 15 May 2023. Possession is promised by 31 Jul 2023.
At a glance
Project
- NameSPEED RWF TOWNSHIP
- TypePlotted Development
- Location
- Doddaballapura
- Bengaluru Rural
- PincodeNot stated
- RERA no.PRM/KA/RERA/1250/301/PR/150523/005930
- ReraGenie IDRG-KA-65951
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 May 2023
- Promised completion31 Jul 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed120 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership8
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 |
|---|---|---|
| Formanu Services | - | - |
| Formanu Services | - | - |
| Formanu Services | - | - |
| Formanu Services | - | - |
| Formanu Services | - | - |
| Formanu Services | - | - |
| Formanu Services | - | - |
| Formanu Services | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 3.01 cr | - |
| On-site expenditure-Salaries of workers | Rs 7.80 lakh | - |
| On-site expenditure-Consultants Fees | Rs 4.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 1.20 lakh | - |
| On-site expenditure-Site Overhead | Rs 40,000 | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Rachan Golvalkar Y |
| Chartered Accountant | Kowsthubha |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed120
As listed on the registration, under the names the promoter filed them with; the newest 80 of 120 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/301/PR/150523/005930 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Reply letter with detailed reply for all queries raised by your goodselvesFile: Reply Letter.pdf | 4 May 2023 |
| Source of FundsFile: Source of Funds.pdf | 4 May 2023 |
| ITRV of Partner Sharan D bandiFile: Sharan ITR Ack.pdf | 4 May 2023 |
| ITRV of Partner Rekha Shanran bandiFile: REKHA BANDI ITR ACK (1).pdf | 4 May 2023 |
| Layout work orderFile: Kasavanahllu work order with layout draft plan.pdf | 4 May 2023 |
| Change of Land use copyFile: Kasavanahalli CLU.pdf | 4 May 2023 |
| Architects certificate with valid COA number (with screenshot of council of architecture)File: Registration Certificate.pdf | 4 May 2023 |
| Project SpecificationFile: Project Specification.pdf | 4 May 2023 |
| Agreement for saleFile: AFS final.pdf | 4 May 2023 |
| Proforma of Allotment letterFile: Allotment letter final.pdf | 4 May 2023 |
| Form B AffidavitFile: Form b_updated (2).PDF | 4 May 2023 |
| Affidavit Form BFile: Affidavit Form b_updated.PDF | 5 Apr 2023 |
| Partnership Registration CertificateFile: Certificate of Registration_Formanu.pdf | 5 Apr 2023 |
| BS & Pl F Y 2021-22File: BS 2021-22 Final.pdf | 5 Apr 2023 |
| Provisional BS for f Y 22-23File: Statement of affairs 2022-23.pdf | 5 Apr 2023 |
| Advocate Search ReportFile: Kasavanahalli Advocate Search Report_compressed.pdf | 5 Apr 2023 |
| Non Litigation AffidavitFile: Non litagation Affidavit.PDF | 5 Apr 2023 |
| Guidance value CertificateFile: Kasavanahalli GUIDELINE VALUE .pdf | 5 Apr 2023 |
| Layout Work orderFile: Kasavanahalli_Work order.pdf | 5 Apr 2023 |
| CDP map showing proposed siteFile: KASAVANAHALLI CDP MP MAP.pdf | 5 Apr 2023 |
| Village map showing proposed siteFile: Village map.pdf | 5 Apr 2023 |
| Layout Sewage PlanFile: KASAVANAHALLI LAYOUT SEWAGE PLAN Model.pdf | 5 Apr 2023 |
| Layout water planFile: KASAVANAHALLI LAYOUT WATER PLAN.pdf | 5 Apr 2023 |
| STP DrawingFile: STP DRAWING RWF.pdf | 5 Apr 2023 |
| Bescom NOCFile: BESCOM NOC_Kasavanahalli.pdf | 5 Apr 2023 |
| Bescom NOC paid receiptFile: Kasavanahalli BESCOM NOC Receipt.pdf | 5 Apr 2023 |
| NOC from Water departmentFile: Kasavanahalli_BWSSB NOC.pdf | 5 Apr 2023 |
| Form of allotment letterFile: Form of allotment letter.pdf | 5 Apr 2023 |
| Agreement for saleFile: Agreement to Sale (AFS Draft).pdf | 5 Apr 2023 |
| RTC, survey 25/1, | - |
| Mutation, survey 25/1, | - |
| Encumbrance Certificate, survey 25/1, | - |
| Conversion/Alienation Order, survey 25/1, | - |
| Sale/Title/Gift Deed, survey 25/1, | - |
| Khatha, survey 25/1, | - |
| 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 | - |
| Khatha, survey 25/2 | - |
| 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 25/4 | - |
| Mutation, survey 25/4 | - |
| Encumbrance Certificate, survey 25/4 | - |
| Conversion/Alienation Order, survey 25/4 | - |
| Sale/Title/Gift Deed, survey 25/4 | - |
| Khatha, survey 25/4 | - |
| RTC, survey 25/5 | - |
| Mutation, survey 25/5 | - |
| Encumbrance Certificate, survey 25/5 | - |
| Conversion/Alienation Order, survey 25/5 | - |
| Sale/Title/Gift Deed, survey 25/5 | - |
| Khatha, survey 25/5 | - |
| RTC, survey 26/1A | - |
| Mutation, survey 26/1A | - |
| Encumbrance Certificate, survey 26/1A | - |
| Conversion/Alienation Order, survey 26/1A | - |
| Sale/Title/Gift Deed, survey 26/1A | - |
| Khatha, survey 26/1A | - |
| RTC, survey 26/2 | - |
| Mutation, survey 26/2 | - |
| Encumbrance Certificate, survey 26/2 | - |
| Conversion/Alienation Order, survey 26/2 | - |
| Sale/Title/Gift Deed, survey 26/2 | - |
| Khatha, survey 26/2 | - |
| RTC, survey 26/3 | - |
| Mutation, survey 26/3 | - |
| Encumbrance Certificate, survey 26/3 | - |
| Conversion/Alienation Order, survey 26/3 | - |
| Sale/Title/Gift Deed, survey 26/3 | - |
| Khatha, survey 26/3 | - |
| Registration CertificateFile: Certificate of Registration_Formanu.pdf | - |
| Partnership DeedFile: Formanu Partnership Deed.pdf | - |
| Partner Details | - |
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Builder: Formanu Services
Formanu Services has 2 registrations on RERA Karnataka, including SPEED RWF TOWNSHIP and MITRA ETERNIA. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if SPEED RWF TOWNSHIP is delayed beyond 31 Jul 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 SPEED RWF TOWNSHIP?
The registered promoter entity is Formanu Services, a partnership firm as per the filing. Its GSTIN 29AAHFF5756F1Z5 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 SPEED RWF TOWNSHIP?
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 SPEED RWF TOWNSHIP?
The professionals named in the filing: Engineer: Rachan Golvalkar Y; Chartered Accountant: Kowsthubha. 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 SPEED RWF TOWNSHIP?
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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