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Registration approved Plotted Development project

Taapasi Summerbay

By Taapasi Projects

RG-KA-43152 · RERA PRM/KA/RERA/1251/309/PR/171031/001442

Source: official RERA Karnataka filing

Red flags

  • 2 complaints at RERA Karnataka

Clear

  • Completion date never moved
  • Separate project account declared
Aug 2018Possession promisedno revision filed
2Complaints at RERA Karnatakaon this registration
Jump to the 46 documents Report an error

Taapasi Summerbay is a Plotted Development project by Taapasi Projects in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171031/001442 on 31 Oct 2017. Possession is promised by 31 Aug 2018. 2 complaints are on record with the regulator.

At a glance

Project

  • NameTaapasi Summerbay
  • TypePlotted Development
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/171031/001442
  • ReraGenie IDRG-KA-43152

Builder

  • NameTaapasi Projects
  • Entity typePartnership Firm
  • Authorized SignatoryK Harsha Reddy
  • DirectorHarsha Reddy
  • Other registrations1 more →

Key dates

this monthRegisteredOct 2017PromisedAug 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Oct 2017
  • Promised completion31 Aug 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed46 files

The full filing

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

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 area26,506 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 2.00 cr

Complaints filed with RERA Karnataka2

Case no.ComplainantRespondentFiled
CMP/190613/0002382-Taapasi Projects13/06/2019
CMP/210223/0007669-Taapasi Projects23/02/2021

Documents filed46

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/1251/309/PR/171031/001442 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Taapasi Projects Registration Certificate.pdf-
shamrajpura workorder-
Shamrajpura Plan-
29 - BDA Plan Approval Copy-
sale deed-Summerbay-
AGREEMENT FOR SALE- RERA FORMAT-
Land Documents and Location-
Shamrajpura Plan-
Shamrajpura Plan-
Proforma Allotment Letter-
Summerbay Brochure copy-
All NOC from Authority-
Project Specification-
EC 01042015 to 26102016-
RTC_Shamrajpura sy no 27-
JDA Scan Copy-
1 - CONVERSION ORDER-
1 - CONVERSION ORDER-
Summerbay Relinquishment Deed (1)-
BESCOM-
LAYOUT IS LESS THEN 10 ACRES-
Unnamed document-
Urban Land Ceiling-
It is BDA Approved Layout-
Shamrajpura Plan-
Balance Sheet 2015 - 2016File: 2016-17 Balance Sheet.jpg-
Balance Sheet 2014 - 2015File: 2015-16 Balance Sheet.jpg-
Balance Sheet 2013 - 2014File: 2014-15 IT Balance Sheet.jpg-
Audited Profit and Loss Statement 2015 - 2016File: 2016-17 Profit and Loss.jpg-
Audited Profit and Loss Statement 2014 - 2015File: 2015-16 Profit and Loss.jpg-
Audited Profit and Loss Statement 2013 - 2014File: 2014-15 Profit and Loss.jpg-
Director's Report 2015 - 2016File: Directors Report.pdf-
Director's Report 2014 - 2015File: Directors Report.pdf-
Director's Report 2013 - 2014File: Directors Report.pdf-
Cash Flow Statement 2015 - 2016File: Cashflow Statement.pdf-
Cash Flow Statement 2014 - 2015File: Cashflow Statement.pdf-
Auditor's Report 2015 - 2016File: 2016-17 Auditors Report.jpg-
Auditor's Report 2014 - 2015File: 2014-15 Auditors Report.jpg-
Auditor's Report 2013 - 2014File: 2014-15 Auditors Report.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: 2016-17 Efiling Acknowledgement.jpg-
Income Tax Return Acknowledgement 2014 - 2015File: 2015-16 Efiling Acknowledgement.jpg-
Income Tax Return Acknowledgement 2013 - 2014File: 2014-15 Efiling Acknowledgement.jpg-
Form B-
Prospectus/BrochureFile: Summerbay Brochure .pdf-
Advertisement Copy 1File: Summerbay Brochure .pdf-
Plot Excel SheetFile: Plot Details.xlsx-

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 kmTaapasi SummerbayOther 8Dot size: filed unitsN

Filed coordinates, straight-line distance. 8 registered projects within 2 km.

Builder: Taapasi Projects

Taapasi Projects has 2 registrations on RERA Karnataka, including NORTHERN LIGHTS and Taapasi Summerbay. 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 Taapasi Summerbay is delayed beyond 31 Aug 2018?

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 Taapasi Summerbay?

The registered promoter entity is Taapasi Projects, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 Taapasi Summerbay?

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.

How do I read the complaint cases filed against Taapasi Summerbay?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

What should I check before booking in Taapasi Summerbay?

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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