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SUBHA ESPERANZA
RG-KA-70421 · RERA PRM/KA/RERA/1251/446/PR/271123/006433 · Last updated on RERA Karnataka portal: 15 Nov 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.
SUBHA ESPERANZA is a Residential/Group Housing project by SUBHA TWIN FOUNTAINS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/271123/006433 on 27 Nov 2023. Possession is promised by 31 Dec 2026.
At a glance
Project
- NameSUBHA ESPERANZA
- TypeResidential/Group Housing
- Location
- Bengaluru East
- Bengaluru Urban
- 560037
- Pincode560037
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/446/PR/271123/006433
- ReraGenie IDRG-KA-70421
Builder
- NameSUBHA TWIN FOUNTAINS
- Entity typePartnership Firm
- GSTIN29ADLFS6960M1Z3
- Authorized SignatoryCHANDRASHEKAR GARINE
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on27 Nov 2023
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings1 building record
- Documents filed163 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SUBHA ESPERANZA | - | - | - | 101 | 0 | 101 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 Nov 2023, 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:
| Activity | Progress |
|---|---|
| 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 network | - |
| Weather Proof work(tile,concrete) | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | - |
Progress on shared amenities40
As on 15 Nov 2023, 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | - |
| Solid waste management and disposal | Yes | - |
| Emergency Evacuation services | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | Yes | - |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | Yes | - |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not 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.
| Landowner | Village | District |
|---|---|---|
| M THYAGARAJU | - | - |
| M THYAGARAJU | - | - |
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 35.86 cr | - |
| Administrative Cost | Rs 4.80 cr | - |
| Int on borrowings | Rs 3.84 cr | - |
| Payment of taxes | Rs 2.84 cr | - |
| On-site expenditure-Consultants Fees | Rs 69.80 lakh | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | MANJUNATH NAYAK |
| Engineer | Mallikharjuna Rao Maddikunta |
| Chartered Accountant | M SREENIVASULU |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed163
As listed on the registration, under the names the promoter filed them with; the newest 80 of 163 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/271123/006433 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Bank account number is not matched with CA certificateFile: SIGNED FORM REG-1.pdf | 15 Nov 2023 |
| bank detailsFile: letter-1.pdf | 15 Nov 2023 |
| sources of funds to complete the projectFile: Source of Fund Details (1).pdf | 15 Nov 2023 |
| form-B affidavitFile: FormB Esperanza.pdf | 15 Nov 2023 |
| PlanFile: Esperanza Plan.pdf | 15 Nov 2023 |
| CDP mapFile: Yamaluru BBMP CDP_page-0001.jpg | 15 Nov 2023 |
| village mapFile: VILLAGE MAP-yemlur_page-0001.jpg | 15 Nov 2023 |
| KSPCB NOCFile: Revised PCB (1).pdf | 15 Nov 2023 |
| STP drawingFile: Subha Esperanza STP.pdf | 15 Nov 2023 |
| Balance sheet 19-20File: Balance sheet -P&l an dn ITR 2019-20.pdf | 14 Oct 2023 |
| Balance sheet 20-21File: Balance sheet-P&l and ITR FY 2020-21_compressed.pdf | 14 Oct 2023 |
| Source of Fund detailsFile: Source of Fund Details.pdf | 14 Oct 2023 |
| Partners Financials 19-20File: Ramadevi mam ITR 19-20.pdf | 14 Oct 2023 |
| Partners Financials 21-22File: Ramadevi mam ITR 20-21.pdf | 14 Oct 2023 |
| Partners Financials 21-22File: Ramadevi mam ITR 21-22.pdf | 14 Oct 2023 |
| Partners Financials 19-20File: Shekar sir ITR 2019-20.pdf | 14 Oct 2023 |
| Partners Financials 21-22File: Shekar sir ITR 2020-21.pdf | 14 Oct 2023 |
| Partners Financials 21-22File: Shekar sir ITR 2021-22.pdf | 14 Oct 2023 |
| Bescom NOC fee paid receiptFile: BESCOM fee receipt.pdf | 14 Oct 2023 |
| Bescom NOC and fee paid receiptFile: BESCOM NOC WITH FEE PAID RECEIPT.pdf | 14 Oct 2023 |
| AOS RevisedFile: Agreement of Sale Proforma as per RERA.pdf | 14 Oct 2023 |
| Form-BFile: Form-B.pdf | 14 Oct 2023 |
| JD AffidavitFile: JD Affidavit.pdf | 14 Oct 2023 |
| Non Litigation AffidavitFile: Non litigation Affidavit.pdf | 14 Oct 2023 |
| Section 3(1)File: Section 3(1) Affidavit.pdf | 14 Oct 2023 |
| CC ClarificationFile: CC Clarification.pdf | 14 Oct 2023 |
| CA certificateFile: Rera Form-1 CA certification.pdf | 14 Oct 2023 |
| STPFile: STP DETAILS.pdf | 14 Oct 2023 |
| STPFile: STP.pdf | 14 Oct 2023 |
| KSPCB NOCFile: KSPCB NOC.pdf | 14 Oct 2023 |
| ROCFile: ROC.pdf | 31 Aug 2023 |
| Partnership deedFile: SPartnership Deed.pdf | 31 Aug 2023 |
| Bank letterFile: Bank Letter.pdf | 31 Aug 2023 |
| Balance sheet and schdulesFile: FY 2021-22.pdf | 31 Aug 2023 |
| Source of fund detailsFile: Source of Fund Details.pdf | 31 Aug 2023 |
| Shekar sir itr 19-20File: Shekar sir ITR 2019-20.pdf | 31 Aug 2023 |
| Shekar sir itr 20-21File: Shekar sir ITR 2020-21.pdf | 31 Aug 2023 |
| Shekar sir itr 21-22File: Shekar sir ITR 2021-22.pdf | 31 Aug 2023 |
| Ramadevi mam itr 19-20File: Ramadevi mam ITR 19-20.pdf | 31 Aug 2023 |
| Ramadevi mam itr 20-21File: Ramadevi mam ITR 20-21.pdf | 31 Aug 2023 |
| Ramadevi mam itr 21-22File: Ramadevi mam ITR 21-22.pdf | 31 Aug 2023 |
| FAR DetailsFile: Clarification for FAR Details.pdf | 31 Aug 2023 |
| Clarification for height of the buildingFile: Clarification for height of the building.pdf | 31 Aug 2023 |
| Basement & second floor planFile: Aproval Plan Basement & Second.pdf | 31 Aug 2023 |
| Ground floorFile: Aproval Plan Ground & Second Floor.pdf | 31 Aug 2023 |
| terrace and section planFile: Aproval Plan Terrace & Section Floor.pdf | 31 Aug 2023 |
| third and fourth floor planFile: Aproval Plan Third & Fourth Floor.pdf | 31 Aug 2023 |
| Form-BFile: Form-B.pdf | 31 Aug 2023 |
| BWSSB NOCFile: BWSSB NOC.pdf | 31 Aug 2023 |
| STPFile: STP.pdf | 31 Aug 2023 |
| STPFile: STP DETAILS.pdf | 31 Aug 2023 |
| RERA AOSFile: Agreement of Sale Proforma as per RERA.pdf | 31 Aug 2023 |
| BWSSB NOC Fee paid receiptFile: BWSSB NOC Fee paid receipt.pdf | 31 Aug 2023 |
| Single plot plan clarificationFile: Single plot plan clarification.pdf | 31 Aug 2023 |
| single plot order clarificationFile: single plot order clarification.pdf | 31 Aug 2023 |
| Architech certificateFile: Architect certificate.pdf | 31 Aug 2023 |
| COA CertificateFile: COACERTIFICATEMANJUNATHNAYAK New.pdf | 31 Aug 2023 |
| CC ClarificationFile: CC Clarification.pdf | 31 Aug 2023 |
| KSPCB NOCFile: KSPCB NOC.pdf | 31 Aug 2023 |
| Bescom fee receiptFile: BESCOM fee receipt.pdf | 31 Aug 2023 |
| Allotment letterFile: Allotment letter.pdf | 17 Jul 2023 |
| clarification for FAR DetailsFile: Clarification for FAR Details.pdf | 17 Jul 2023 |
| Clarification for height of the buildingFile: Clarification for height of the building.pdf | 17 Jul 2023 |
| clarification for no of parkingFile: Clarification for No of Parking.pdf | 17 Jul 2023 |
| common area clarificationFile: Common area clarification.pdf | 17 Jul 2023 |
| ECFile: EC 1.pdf | 17 Jul 2023 |
| ECFile: EC.pdf | 17 Jul 2023 |
| Engineer stability certificateFile: Engineer Stability Certificate.pdf | 17 Jul 2023 |
| Firm ROCFile: Firm ROC.pdf | 17 Jul 2023 |
| Form-bFile: Form-B Affidavit.pdf | 17 Jul 2023 |
| IHC-41-1994-95File: IHC-41-1994-95.pdf | 17 Jul 2023 |
| JD AffidavitFile: JD Affidavit.pdf | 17 Jul 2023 |
| KSPCBFile: KSPCB NOC.pdf | 17 Jul 2023 |
| Non litigation affidavitFile: Non litigation Affidavit.pdf | 17 Jul 2023 |
| Section 3(1) affidavitFile: Section 3(1) Affidavit.pdf | 17 Jul 2023 |
| Source of fund detailsFile: Source of Fund Details.pdf | 17 Jul 2023 |
| specificationFile: Specification.pdf | 17 Jul 2023 |
| CCFile: CC.pdf | 17 Jul 2023 |
| Balance sheet, profit & loss, ITR and with CA UDIN along with scheduleFile: FY 2021-22_compressed.pdf | 17 Jul 2023 |
| bwssb nocFile: BWSSB NOC.pdf | 17 Jul 2023 |
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Builder: SUBHA TWIN FOUNTAINS
SUBHA TWIN FOUNTAINS has 1 registration on RERA Karnataka, including SUBHA ESPERANZA. 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 SUBHA ESPERANZA is delayed beyond 31 Dec 2026?
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 SUBHA ESPERANZA?
The registered promoter entity is SUBHA TWIN FOUNTAINS, a partnership firm as per the filing. Its GSTIN 29ADLFS6960M1Z3 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 SUBHA ESPERANZA?
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 SUBHA ESPERANZA?
The professionals named in the filing: Architect: MANJUNATH NAYAK; Engineer: Mallikharjuna Rao Maddikunta; Chartered Accountant: M SREENIVASULU. 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 SUBHA ESPERANZA?
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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